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: 2017

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2017 10-K/A (Amendment Filed: June 22, 2018)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2017Dec 31, 2016Dec 31, 2015
Cash Flows from Operating Activities
Net (loss) income
$
(603)
197214
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Provisions for losses244151165
Amortization of underwriting expense282330
Deferred taxes55148
Changes in operating assets and liabilities:
Interest, taxes and other amounts due to/from affiliates1,088(39)(262)
Other operating assets and liabilities(378)475458
Net cash provided by operating activities434821613
 
Cash Flows from Investing Activities
Net increase in Card Member receivables and loans, including held for sale(1,998)(1,059)(3,592) [1]
Increase in interest bearing restricted cash to affiliates(100)00
Net (increase) decrease in loans to affiliates and other(1,245)2,973152
Net (decrease) increase in due to/from affiliates(1,718)(515)2,605
Net cash (used in) provided by investing activities(5,061)1,399(835)
 
Cash Flows from Financing Activities
Net (decrease) increase in short-term debt(1,685)8731,351
Net increase (decrease) in short-term debt to affiliates1,414(861)1,112
Proceeds from long-term debt8,4383,7916,522
Principal payments of long-term debt(4,900)(4,961)(8,545)
Proceeds from long-term debt to affiliates27000
Dividends paid00(115)
Net cash provided by (used in) financing activities3,537(1,158)325
 
Effect of foreign currency exchange rates on cash and cash equivalents75(24)(4)
Net (decrease) increase in cash and cash equivalents(1,015)1,03899
 
Cash and cash equivalents at beginning of year1,211173
Cash and cash equivalents at end of year1961,211173
 
[1] Refer to Note 1 for additional information
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN EXPRESS CO

Ticker: AXP   Fiscal Year: 2017

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2017 10-K (Superseded Filed: Mar 1, 2018)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2017Dec 31, 2016Dec 31, 2015
Cash Flows from Operating Activities
Net (loss) income
$
(603)
197214
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Provisions for losses244151165
Amortization of underwriting expense282330
Deferred taxes55148
Changes in operating assets and liabilities:
Interest, taxes and other amounts due to/from affiliates1,088(39)(262)
Other operating assets and liabilities(378)475458
Net cash provided by operating activities434821613
 
Cash Flows from Investing Activities
Net increase in Card Member receivables and loans, including held for sale(1,998)(1,059)(3,592) [1]
Increase in interest bearing restricted cash to affiliates(100)00
Net (increase) decrease in loans to affiliates and other(1,245)2,973152
Net (decrease) increase in due to/from affiliates(1,718)(515)2,605
Net cash (used in) provided by investing activities(5,061)1,399(835)
 
Cash Flows from Financing Activities
Net (decrease) increase in short-term debt(1,685)8731,351
Net increase (decrease) in short-term debt to affiliates1,414(861)1,112
Proceeds from long-term debt8,4383,7916,522
Principal payments of long-term debt(4,900)(4,961)(8,545)
Proceeds from long-term debt to affiliates27000
Dividends paid00(115)
Net cash provided by (used in) financing activities3,537(1,158)325
 
Effect of foreign currency exchange rates on cash and cash equivalents75(24)(4)
Net (decrease) increase in cash and cash equivalents(1,015)1,03899
 
Cash and cash equivalents at beginning of year1,211173
Cash and cash equivalents at end of year1961,211173
 
[1] Refer to Note 1 for additional information
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN EXPRESS CO

Ticker: AXP   Fiscal Year: 2017

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2017 10-K (Filed: Feb 28, 2018)

(In Thousands, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2017Dec 31, 2016Dec 31, 2015
Cash flows from operating activities
Net loss
$
(28,983)
(19,423)(11,161)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization66723786
Amortization of debt discount and deferred issuance cost21111137
Loss of disposal of assets 14 
Interest on convertible bridge notes payable converted to common stock  70
Changes in fair value of warrant liabilities  (42)
Inventory write-down2,9901,537527
Stock-based compensation707377111
Sales returns reserve179  
Changes in operating assets and liabilities:
Accounts receivable(1,083)(41)(77)
Inventory(9,383)(2,423)(883)
Prepaid expenses and other assets(499)(390)(175)
Accounts payable1,460325473
Accrued expenses1,279522199
Net cash used in operating activities(32,455)(19,154)(10,835)
 
Cash flows from investing activities
Purchase of property and equipment(2,587)(1,151)(840)
Maturities of short-term investments13,564 
Purchases of short-term investments(31,992)  
Net cash used in investing activities(21,015)(1,151)(840)
 
Cash flows from financing activities
Proceeds from debt issuance, net of issuance costs14,717  
Proceeds from convertible bridge notes payable  4,960
Principal payments on notes payable(1,272)(1,500)(953)
Proceeds from issuance of common stock, net of issuance costs32,64914,15925,080
Proceeds from exercise of stock options61101
Proceeds from exercise of warrants for common stock  49
Net cash provided by financing activities46,15512,66929,137
 
Net (decrease) increase in cash and cash equivalents(7,315)(7,636)17,462
 
Cash and cash equivalents -- beginning of period11,47719,113
Cash and cash equivalents -- end of period4,16211,47719,113
 
Supplemental disclosure:
Cash paid for interest445138240
Cash paid for taxes111
Supplemental schedule of noncash investing and financing activities:
Conversion of preferred stock to common stock in connection with initial public offering (IPO)  34,633
Conversion of convertible bridge notes payable and accrued interest to common stock in connection with IPO  5,030
Conversion of warrant liabilities to equity  123
Class of Warrant or Right
Warrants to Purchase Class A Common Stock
Issuance of warrant for 277,778 shares of Class A Common Stock in connection with debt277  
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN EXPRESS CO

Ticker: AXP   Fiscal Year: 2017

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2017 10-K (Filed: Feb 16, 2018)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2017Dec 31, 2016Dec 31, 2015
Cash Flows from Operating Activities
Net income
$
2,736
5,4085,163
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:
Provisions for losses2,7592,0261,988
Depreciation and amortization1,3211,0951,043
Deferred taxes and other783(1,132)507
Stock-based compensation282254234
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Other receivables473(281)(714)
Other assets(62)1922,058
Accounts payable and other liabilities5,5051,139794
Travelers Cheques and other prepaid products(257)(410)(367)
Net cash provided by operating activities13,5408,29110,706
 
Cash Flows from Investing Activities
Sales of available-for-sale investment securities28812
Maturities and redemptions of available-for-sale investment securities2,4942,4292,091
Sales of other investments0100
Purchase of investments(2,612)(2,162)(1,713)
Net increase in Card Member receivables and loans, including held for sale(16,853)3,220(6,967)
Purchase of premises and equipment(1,062)(1,375)(1,341)
Acquisitions/dispositions, net of cash acquired(211)(487)(155)
Net (increase) decrease in restricted cash(31)145(120)
Net cash (used in) provided by investing activities(18,273)1,868(8,193)
 
Cash Flows from Financing Activities
Net increase (decrease) in customer deposits11,385(1,935)10,878
Net (decrease) increase in short-term borrowings(2,300)8881,395
Issuance of long-term debt32,7648,8249,923
Principal payments on long term debt(24,082)(9,848)(19,246)
Issuance of American Express preferred shares00841
Issuance of American Express common shares129177193
Repurchase of American Express common shares(4,300)(4,400)(4,500)
Dividends paid(1,251)(1,207)(1,172)
Net cash provided by (used in) financing activities12,245(7,599)(1,763)
 
Effect of foreign currency exchange rates on cash and cash equivalents207(114)(276)
Net increase in cash and cash equivalents7,7192,446474
 
Cash and cash equivalents at beginning of year25,20822,762
Cash and cash equivalents at end of year32,92725,20822,762
 
External Links 
AMERICAN EXPRESS CO (AXP) Fiscal Year 2017
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