10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2013 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Mar 11, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 446 | 339 | 397 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provisions for losses | 148 | 143 | 80 |
| Amortization and other | 20 | 24 | 3 |
| Deferred taxes | 9 | 16 | (35) |
| Changes in operating assets and liabilities: | |||
| Interest, taxes and other amounts due from affiliates, net | (199) | 61 | 73 |
| Other operating assets and liabilities | (675) | (196) | 471 |
| Net cash (used in) provided by operating activities | (251) | 387 | 989 |
| Cash Flows from Investing Activities | |||
| Net decrease (increase ) in Card Member receivables and loans | 936 | (2,685) | (600) |
| Net decrease (increase) in loans to affiliates | 1,210 | (1,413) | (500) |
| Net decrease (increase) in due from affiliates | 6 | 1,775 | (1,871) |
| Net cash provided by (used in) investing activities | 2,152 | (2,323) | (2,971) |
| Cash Flows from Financing Activities | |||
| Net increase (decrease) in short-term debt | 179 | (620) | (9) |
| Net (decrease) increase in short-term debt to affiliates | (524) | 53 | 255 |
| Issuance of long-term debt | 3,549 | 4,244 | 8,523 |
| Principal payments on long-term debt | (4,845) | (1,596) | (6,436) |
| Dividends paid | (441) | (368) | (865) |
| Net cash (used in) provided by financing activities | (2,082) | 1,713 | 1,468 |
| Effect of exchange rate changes on cash and cash equivalents | (8) | 18 | 6 |
| Net decrease in cash and cash equivalents | (189) | (205) | (508) |
| Cash and cash equivalents at beginning of period | 275 | 480 | |
| Cash and cash equivalents at end of period | 86 | 275 | 480 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2013 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 5,359 | 4,482 | 4,935 |
| Income from discontinued operations, net of tax | 0 | 0 | (36) |
| Income from continuing operations | 5,359 | 4,482 | 4,899 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Provisions for losses | 2,110 | 1,990 | 1,112 |
| Depreciation and amortization | 1,020 | 991 | 918 |
| Deferred taxes and other | (283) | 218 | 818 |
| Stock-based compensation | 350 | 297 | 301 |
| Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: | |||
| Other receivables | (73) | 153 | 663 |
| Other assets | 335 | 390 | (635) |
| Accounts payable and other liabilities | 88 | (358) | 2,186 |
| Travelers Cheques and other prepaid products | (359) | (540) | (494) |
| Premium paid on debt exchange | 0 | (541) | 0 |
| Net cash provided by operating activities | 8,547 | 7,082 | 9,768 |
| Cash Flows from Investing Activities | |||
| Sale of investments | 217 | 525 | 1,176 |
| Maturity and redemption of investments | 1,292 | 1,562 | 6,074 |
| Purchase of investments | (1,348) | (473) | (1,158) |
| Net increase in Card Member loans/receivables | (6,301) | (6,671) | (8,358) |
| Purchase of premises and equipment, net of sales | (1,006) | (1,053) | (1,189) |
| Acquisitions/dispositions, net of cash acquired/sold | (195) | (466) | (610) |
| Net decrease in restricted cash | 72 | 31 | 3,574 |
| Net cash provided by (used in) investing activities | (7,269) | (6,545) | (491) |
| Cash Flows from Financing Activities | |||
| Net increase in customer deposits | 1,195 | 2,300 | 8,232 |
| Net increase (decrease) in short-term borrowings | 1,843 | (1,015) | 705 |
| Issuance of long-term debt | 11,995 | 13,934 | 13,982 |
| Principal payments on long-term debt | (14,763) | (14,076) | (21,029) |
| Issuance of American Express common shares | 721 | 443 | 594 |
| Repurchase of American Express common shares | (3,943) | (3,952) | (2,300) |
| Dividends paid | (939) | (902) | (861) |
| Net cash used in financing activities | (3,891) | (3,268) | (677) |
| Effect of exchange rate changes on cash and cash equivalents | (151) | 88 | (63) |
| Net (decrease) increase in cash and cash equivalents | (2,764) | (2,643) | 8,537 |
| Cash and cash equivalents at beginning of year | 22,250 | 24,893 | |
| Cash and cash equivalents at end of year | 19,486 | 22,250 | 24,893 |
| External Links | |
| AMERICAN EXPRESS CO (AXP) Fiscal Year 2013 | |
| 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 |