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: 2012 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Mar 8, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 339 | 397 | 348 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provisions for losses | 143 | 80 | 128 |
| Amortization and other | 24 | 3 | 29 |
| Deferred taxes | 16 | (35) | 39 |
| Changes in operating assets and liabilities: | |||
| Interest, taxes and other amounts due from affiliates, net | 61 | 73 | 61 |
| Other operating assets and liabilities | (196) | 471 | 300 |
| Net cash provided by operating activities | 387 | 989 | 905 |
| Cash Flows from Investing Activities | |||
| Net increase in cardmember receivables and loans | (2,685) | (600) | (2,774) |
| Maturities of investments | 0 | 0 | 2,000 |
| Net increase in loans to affiliates | (1,413) | (500) | (194) |
| Net decrease (increase) in due from affiliates | 1,775 | (1,871) | 2,709 |
| Net cash (used in) provided by investing activities | (2,323) | (2,971) | 1,741 |
| Cash Flows from Financing Activities | |||
| Net increase (decrease) in short-term debt to affiliates | 53 | 255 | (127) |
| Net decrease in short-term debt | (620) | (9) | (371) |
| Issuance of long-term debt | 4,244 | 8,523 | 2,396 |
| Principal payments on long-term debt | (1,596) | (6,436) | (3,610) |
| Dividends paid | (368) | (865) | (260) |
| Net cash provided by (used in) financing activities | 1,713 | 1,468 | (1,972) |
| Effect of exchange rate changes on cash and cash equivalents | 18 | 6 | 10 |
| Net (decrease) increase in cash and cash equivalents | (205) | (508) | 684 |
| Cash and cash equivalents at beginning of period | 480 | 988 | |
| Cash and cash equivalents at end of period | 275 | 480 | 988 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2012 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 4,482 | 4,935 | 4,057 |
| Income from discontinued operations, net of tax | 0 | (36) | 0 |
| Income from continuing operations | 4,482 | 4,899 | 4,057 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provisions for losses | 1,990 | 1,112 | 2,207 |
| Depreciation and amortization | 991 | 918 | 917 |
| Deferred taxes and other | 218 | 818 | 1,135 |
| Stock-based compensation | 297 | 301 | 287 |
| Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: | |||
| Other receivables | 153 | 663 | (498) |
| Other assets | 390 | (635) | (590) |
| Accounts payable and other liabilities | (358) | 2,186 | 1,531 |
| Travelers Cheques outstanding and other prepaid products | (540) | (494) | (317) |
| Premium paid on debt exchange | (541) | 0 | 0 |
| Net cash provided by operating activities | 7,082 | 9,768 | 8,729 |
| Cash Flows from Investing Activities | |||
| Sale of investments | 525 | 1,176 | 2,196 |
| Maturity and redemption of investments | 1,562 | 6,074 | 12,066 |
| Purchase of investments | (473) | (1,158) | (7,804) |
| Net increase in cardmember loans/receivables | (6,671) | (8,358) | (6,389) |
| Purchase of premises and equipment, net of sales | (1,053) | (1,189) | (878) |
| Acquisitions/Dispositions, net of cash acquired | (466) | (610) | (400) |
| Net decrease (increase) in restricted cash | 31 | 3,574 | (20) |
| Net cash used in investing activities | (6,545) | (491) | (1,229) |
| Cash Flows from Financing Activities | |||
| Net increase in customer deposits | 2,300 | 8,232 | 3,406 |
| Net (decrease) increase in short-term borrowings | (1,015) | 705 | 1,262 |
| Issuance of long-term debt | 13,934 | 13,982 | 5,918 |
| Principal payments on long-term debt | (14,076) | (21,029) | (17,670) |
| Issuance of American Express common shares | 443 | 594 | 663 |
| Repurchase of American Express common shares | (3,952) | (2,300) | (590) |
| Dividends paid | (902) | (861) | (867) |
| Net cash used in financing activities | (3,268) | (677) | (7,878) |
| Effect of exchange rate changes on cash | 88 | (63) | 135 |
| Net (decrease) increase in cash and cash equivalents | (2,643) | 8,537 | (243) |
| Cash and cash equivalents at beginning of year | 24,893 | 16,356 | |
| Cash and cash equivalents at end of year | 22,250 | 24,893 | 16,356 |
| External Links | |
| AMERICAN EXPRESS CO (AXP) Fiscal Year 2012 | |
| 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 |