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: 2015 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Mar 14, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 214 | 353 | 446 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provisions for losses | 165 | 202 | 148 |
| Amortization of underwriting expense | 30 | 24 | 20 |
| Deferred taxes | 8 | (17) | 9 |
| Changes in operating assets and liabilities: | |||
| Interest, taxes and other amounts due to/from affiliates | (262) | 44 | (199) |
| Other operating assets and liabilities | 458 | (455) | (675) |
| Net cash provided by (used in) operating activities | 613 | 151 | (251) |
| Cash Flows from Investing Activities | |||
| Net (increase) decrease in Card Member receivables and loans, including held for sale | (3,592) | (251) | 936 |
| Net decrease (increase) in loans to affiliates and other | 152 | (4,746) | 1,210 |
| Net decrease in due from affiliates | 2,605 | 662 | 6 |
| Net cash (used in) provided by investing activities | (835) | (4,335) | 2,152 |
| Cash Flows from Financing Activities | |||
| Net increase in short-term debt | 1,351 | 569 | 179 |
| Net increase (decrease) in short-term debt to affiliates | 1,112 | 798 | (524) |
| Issuance of long-term debt | 6,522 | 7,509 | 3,549 |
| Principal payments on long-term debt | (8,545) | (4,355) | (4,845) |
| Dividends paid | (115) | (342) | (441) |
| Net cash provided by (used in) financing activities | 325 | 4,179 | (2,082) |
| Effect of foreign currency exchange rates on cash and cash equivalents | (4) | (7) | (8) |
| Net increase (decrease) in cash and cash equivalents | 99 | (12) | (189) |
| Cash and cash equivalents at beginning of period | 74 | 86 | |
| Cash and cash equivalents at end of period | 173 | 74 | 86 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2015 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 19, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 5,163 | 5,885 | 5,359 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Provisions for losses | 1,988 | 2,044 | 1,832 |
| Depreciation and amortization | 1,043 | 1,012 | 1,020 |
| Deferred taxes and other | 506 | (941) | (5) |
| Stock-based compensation | 234 | 290 | 350 |
| Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: | |||
| Other receivables | (673) | (56) | (73) |
| Other assets | 2,058 | 650 | 335 |
| Accounts payable and other liabilities | 1,020 | 2,594 | 88 |
| Travelers Cheques and other prepaid products | (367) | (488) | (359) |
| Premium paid on debt exchange | 0 | 0 | 0 |
| Net cash provided by operating activities | 10,972 | 10,990 | 8,547 |
| Cash Flows from Investing Activities | |||
| Sales of available-for-sale investment securities | 12 | 242 | 217 |
| Maturities and redemptions of available-for-sale investment securities | 2,091 | 1,116 | 1,292 |
| Sales of other investments | 0 | 990 | 0 |
| Purchase of investments | (1,713) | (886) | (1,348) |
| Net increase in Card Member receivables and loans, including held for sale | (6,967) | (8,077) | (6,301) |
| Purchase of premises and equipment | (1,341) | (1,195) | (1,006) |
| Acquisitions/dispositions, net of cash acquired | (155) | (229) | (195) |
| Net (increase) decrease in restricted cash | (120) | 72 | 72 |
| Net cash used in investing activities | (8,193) | (7,967) | (7,269) |
| Cash Flows from Financing Activities | |||
| Net increase in customer deposits | 10,878 | 2,459 | 1,195 |
| Net increase (decrease) in short-term borrowings | 1,395 | (1,374) | 1,843 |
| Issuance of long-term debt | 9,926 | 16,020 | 11,995 |
| (Principal payments on) / issuance of long term debt | (19,610) | (12,768) | (14,763) |
| Issuance of American Express preferred shares | 841 | 742 | 0 |
| Issuance of American Express common shares | 193 | 362 | 721 |
| Repurchase of American Express common shares | (4,480) | (4,389) | (3,943) |
| Dividends paid | (1,172) | (1,041) | (939) |
| Net cash provided by (used in) financing activities | (2,029) | 11 | (3,891) |
| Effect of exchange rate changes on cash and cash equivalents | (276) | (232) | (151) |
| Net increase (decrease) in cash and cash equivalents | 474 | 2,802 | (2,764) |
| Cash and cash equivalents at beginning of year | 22,288 | 19,486 | |
| Cash and cash equivalents at end of year | 22,762 | 22,288 | 19,486 |
| External Links | |
| AMERICAN EXPRESS CO (AXP) Fiscal Year 2015 | |
| 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 |