10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN EXPRESS CO

Ticker: AXP   Fiscal Year: 2011

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2011 10-K (Filed: Mar 15, 2012)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2011Dec 31, 2010Dec 31, 2009
Cash Flows from Operating Activities
Net income
$
397
348362
Adjustments to reconcile net income to net cash provided by operating activities:
Provisions for losses80128214
Amortization and other32926
Deferred taxes(35)3917
Changes in operating assets and liabilities:
Due from affiliates, net7361174
Other operating assets and liabilities47130078
Net cash provided by operating activities989905871
 
Cash Flows from Investing Activities
Net increase in cardmember receivables and loans(600)(2,774)775
Maturities of investments02,0001,000
Net decrease (increase) in loans to affiliates(500)(194)3,038
Net (increase) decrease in due from affiliates(1,871)2,709(1,438)
Net cash used in investing activities(2,971)1,7413,375
 
Cash Flows from Financing Activities
Net increase in short-term debt(9)(371)(6,350)
Net increase (decrease) in short-term debt to affiliates255(127)(4,424)
Issuance of long-term debt8,5232,3963,697
Principal payments on long-term debt(6,436)(3,610)(5,322)
Dividends paid(865)(260)(400)
Net cash provided by (used in) financing activities1,468(1,972)(12,799)
 
Effect of exchange rate changes on cash and cash equivalents6102
Net (decrease) increase in cash and cash equivalents(508)684(8,551)
 
Cash and cash equivalents at beginning of period988304
Cash and cash equivalents at end of period480988304
 
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN EXPRESS CO

Ticker: AXP   Fiscal Year: 2011

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2011 10-K (Filed: Feb 24, 2012)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2011Dec 31, 2010Dec 31, 2009
Cash Flows from Operating Activities
Net income
$
4,935
4,0572,130
Income (loss) from discontinued operations, net of tax(36)07
Income from continuing operations4,8994,0572,137
 
Adjustments to reconcile net income to net cash provided by operating activities:
Provisions for losses1,1122,2075,313
Depreciation and amortization9189171,070
Deferred taxes and other8181,135(1,429)
Stock-based compensation301287230
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Other receivables663(498)(730)
Other assets(635)(590)526
Accounts payable and other liabilities2,8931,737(98)
Travelers Cheques outstanding(494)(317)(449)
Net cash (used in) provided by operating activities attributable to discontinued operations00(233)
Net cash provided by operating activities10,4758,9356,337
 
Cash Flows from Investing Activities
Sale of investments1,1762,1962,930
Maturity and redemption of investments6,07412,0662,900
Purchase of investments(1,158)(7,804)(13,719)
Net (increase) decrease in cardmember loans/receivables(8,358)(6,389)6,154
Proceeds from cardmember loan securitizations002,244
Maturities of cardmember loan securitizations00(4,800)
Purchase of premises and equipment, net of sales(1,189)(878)(722)
Acquisitions/Dispositions, net of cash acquired(610)(400)0
Net (increase) decrease in restricted cash3,574(20)(1,935)
Net cash provided by investing activities attributable to discontinued operations00196
Net cash provided by (used in) investing activities(491)(1,229)(6,752)
 
Cash Flows from Financing Activities
Net increase in customer deposits8,2323,40611,037
Net increase (decrease) in short-term borrowings(2)1,056(6,574)
Issuance of long-term debt13,9825,9186,697
Principal payments on long-term debt(21,029)(17,670)(15,197)
Issuance of American Express Series A preferred shares and warrants003,389
Issuance of American Express common shares594663614
Repurchase of American Express Series A preferred shares00(3,389)
Repurchase of American Express stock warrants00(340)
Repurchase of American Express common shares(2,300)(590)0
Dividends paid(861)(867)(924)
Net cash provided by financing activities attributable to discontinued operations0040
Net cash used in financing activities(1,384)(8,084)(4,647)
 
Effect of exchange rate changes on cash(63)1357
Net increase (decrease) in cash and cash equivalents8,537(243)(5,055)
 
Cash and cash equivalents at beginning of year16,35616,599
Cash and cash equivalents at end of year24,89316,35616,599
 
External Links 
AMERICAN EXPRESS CO (AXP) Fiscal Year 2011
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip