10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
| |||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CISCO SYSTEMS, INC. | |||
Ticker: CSCO Fiscal Year: 2013 | |||
Consolidated Statements Of Operations | |||
Period Ending July 27, 2013 10-K (Filed: Sept 10, 2013) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| July 27, 2013 | July 28, 2012 | July 30, 2011 | |
| REVENUE: | |||
| Product | $ 38,029 | 36,326 | 34,526 |
| Service | 10,578 | 9,735 | 8,692 |
| Total revenue | 48,607 | 46,061 | 43,218 |
| COST OF SALES: | |||
| Product | 15,541 | 14,505 | 13,647 |
| Service | 3,626 | 3,347 | 3,035 |
| Total cost of sales | 19,167 | 17,852 | 16,682 |
| GROSS MARGIN | 29,440 | 28,209 | 26,536 |
| OPERATING EXPENSES: | |||
| Research and development | 5,942 | 5,488 | 5,823 |
| Sales and marketing | 9,538 | 9,647 | 9,812 |
| General and administrative | 2,264 | 2,322 | 1,908 |
| Amortization of purchased intangible assets | 395 | 383 | 520 |
| Restructuring And Other Charges | 105 | 304 | 799 |
| Total operating expenses | 18,244 | 18,144 | 18,862 |
| OPERATING INCOME | 11,196 | 10,065 | 7,674 |
| Interest income | 654 | 650 | 641 |
| Interest expense | (583) | (596) | (628) |
| Other income (loss), net | (40) | 40 | 138 |
| Interest and other income, net | 31 | 94 | 151 |
| INCOME BEFORE PROVISION FOR INCOME TAXES | 11,227 | 10,159 | 7,825 |
| Provision for income taxes | 1,244 | 2,118 | 1,335 |
| NET INCOME | 9,983 | 8,041 | 6,490 |
| Net income per share | |||
| Basic (in dollars per share) | 1.87 | 1.50 | 1.17 |
| Diluted (in dollars per share) | 1.86 | 1.49 | 1.17 |
| Shares used in per-share calculation | |||
| Basic (in shares) | 5,329 | 5,370 | 5,529 |
| Diluted (in shares) | 5,380 | 5,404 | 5,563 |
| Cash dividends declared per common share (in dollars per share) | 0.62 | 0.28 | 0.12 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CISCO SYSTEMS, INC. | |||
Ticker: CSCO Fiscal Year: 2013 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending July 27, 2013 10-K (Filed: Sept 10, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| July 27, 2013 | July 28, 2012 | July 30, 2011 | |
| Net income | $ 9,983 | 8,041 | 6,490 |
| Change in net unrealized gains, net of tax benefit (expense) of $(2), $6, and $(151) for fiscal 2013, 2012, and 2011, respectively | (6) | (31) | 281 |
| Net gains reclassified into earnings, net of tax expense of $17, $36, and $68 for fiscal 2013, 2012, and 2011, respectively | (31) | (65) | (112) |
| Total- Available-for-sale investments | (37) | (96) | 169 |
| Change in unrealized gains and losses, net of tax benefit (expense) of $(1) for fiscal 2013 and $0 for both fiscal 2012 and 2011 | 73 | (131) | 87 |
| Net (gains) losses reclassified into earnings | (12) | 72 | (108) |
| Total- Cash flow hedging instruments | 61 | (59) | (21) |
| Net change in cumulative translation adjustment and other, net of tax benefit (expense) of $(1), $36 and $(34) for fiscal 2013, 2012, and 2011, respectively | (84) | (496) | 538 |
| Other comprehensive (loss) income | (60) | (651) | 686 |
| Comprehensive income | 9,923 | 7,390 | 7,176 |
| Comprehensive loss (income) attributable to noncontrolling interests | 7 | 18 | (15) |
| Comprehensive income attributable to Cisco Systems, Inc. | 9,930 | 7,408 | 7,161 |
| Other Comprehensive Income (Loss), Available-for-sale Securities, Tax | (2) | 6 | (151) |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax | 17 | 36 | 68 |
| Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax | (1) | 0 | 0 |
| Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax | (1) | 36 | (34) |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CISCO SYSTEMS, INC. | |||
Ticker: CSCO Fiscal Year: 2013 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending July 27, 2013 10-K (Filed: Sept 10, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| July 27, 2013 | July 28, 2012 | July 30, 2011 | |
| Cash flows from operating activities: | |||
| Net income | $ 9,983 | 8,041 | 6,490 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, amortization, and other | 2,351 | 2,602 | 2,486 |
| Share-based compensation expense | 1,120 | 1,401 | 1,620 |
| Provision for receivables | 44 | 50 | 89 |
| Deferred income taxes | (37) | (314) | (157) |
| Excess tax benefits from share-based compensation | (92) | (60) | (71) |
| Net losses (gains) on investments | 9 | (31) | (213) |
| Change in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Accounts receivable | (1,001) | 272 | 298 |
| Inventories | 218 | (287) | (147) |
| Financing receivables | (723) | (846) | (1,616) |
| Other assets | (27) | (674) | 275 |
| Accounts payable | 164 | (7) | (28) |
| Income taxes, net | (239) | 418 | (156) |
| Accrued compensation | 330 | (101) | (64) |
| Deferred revenue | 598 | 727 | 1,028 |
| Other liabilities | 196 | 300 | 245 |
| Net cash provided by operating activities | 12,894 | 11,491 | 10,079 |
| Cash flows from investing activities: | |||
| Purchases of investments | (36,608) | (41,810) | (37,130) |
| Proceeds from sales of investments | 14,799 | 27,365 | 17,538 |
| Proceeds from maturities of investments | 17,909 | 12,103 | 18,117 |
| Acquisition of property and equipment | (1,160) | (1,126) | (1,174) |
| Acquisition of businesses, net of cash and cash equivalents acquired | (6,766) | (375) | (266) |
| Purchases of investments in privately held companies | (225) | (380) | (204) |
| Return of investments in privately held companies | 209 | 242 | 163 |
| Other | 74 | 166 | 22 |
| Net cash used in investing activities | (11,768) | (3,815) | (2,934) |
| Cash flows from financing activities: | |||
| Issuances of common stock | 3,338 | 1,372 | 1,831 |
| Repurchases of common stock | (2,773) | (4,560) | (6,713) |
| Shares repurchased for tax withholdings on vesting of restricted stock units | (330) | (200) | (183) |
| Short-term borrowings, maturities less than 90 days, net | (20) | (557) | 512 |
| Issuances of debt, maturities greater than 90 days | 24 | 0 | 4,109 |
| Repayments of debt, maturities greater than 90 days | (16) | 0 | (3,113) |
| Excess tax benefits from share-based compensation | 92 | 60 | 71 |
| Dividends paid | (3,310) | (1,501) | (658) |
| Other | (5) | (153) | 80 |
| Net cash used in financing activities | (3,000) | (5,539) | (4,064) |
| Net (decrease) increase in cash and cash equivalents | (1,874) | 2,137 | 3,081 |
| Cash and cash equivalents, beginning of fiscal year | 9,799 | 7,662 | |
| Cash and cash equivalents, end of fiscal year | 7,925 | 9,799 | 7,662 |
| Cash paid for: | |||
| Interest | 682 | 681 | 777 |
| Income taxes, net | 1,519 | 2,014 | 1,649 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CISCO SYSTEMS, INC. | ||
Ticker: CSCO Fiscal Year: 2013 | ||
Consolidated Balance Sheets | ||
Period Ending July 27, 2013 10-K (Filed: Sept 10, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| July 27, 2013 | July 28, 2012 | |
| Assets [Abstract] | ||
| Current assets: | ||
| Cash and cash equivalents | $ 7,925 | 9,799 |
| Investments | 42,685 | 38,917 |
| Accounts receivable, net of allowance for doubtful accounts of $228 at July 27, 2013 and $207 at July 28, 2012 | 5,470 | 4,369 |
| Inventories | 1,476 | 1,663 |
| Financing receivables, net | 4,037 | 3,661 |
| Deferred tax assets | 2,616 | 2,294 |
| Other current assets | 1,312 | 1,230 |
| Total current assets | 65,521 | 61,933 |
| Property and equipment, net | 3,322 | 3,402 |
| Financing receivables, net | 3,911 | 3,585 |
| Goodwill | 21,919 | 16,998 |
| Purchased intangible assets, net | 3,403 | 1,959 |
| Other assets | 3,115 | 3,882 |
| TOTAL ASSETS | 101,191 | 91,759 |
| Liabilities and Equity [Abstract] | ||
| Current liabilities: | ||
| Short-term debt | 3,283 | 31 |
| Accounts payable | 1,029 | 859 |
| Income taxes payable | 192 | 276 |
| Accrued compensation | 3,378 | 2,928 |
| Deferred revenue | 9,262 | 8,852 |
| Other current liabilities | 5,048 | 4,785 |
| Total current liabilities | 22,192 | 17,731 |
| Long-term debt | 12,928 | 16,297 |
| Income taxes payable | 1,748 | 1,844 |
| Deferred revenue | 4,161 | 4,028 |
| Other long-term liabilities | 1,034 | 558 |
| Total liabilities | 42,063 | 40,458 |
| Commitments and contingencies (Note 12) | ||
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] | ||
| Cisco shareholders' equity: | ||
| Preferred stock, no par value: 5 shares authorized; none issued and outstanding | 0 | 0 |
| Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 5,389 and 5,298 shares issued and outstanding at July 27, 2013 and July 28, 2012, respectively | 42,297 | 39,271 |
| Retained earnings | 16,215 | 11,354 |
| Accumulated other comprehensive income | 608 | 661 |
| Total Cisco shareholders' equity | 59,120 | 51,286 |
| Noncontrolling interests | 8 | 15 |
| Total equity | 59,128 | 51,301 |
| TOTAL LIABILITIES AND EQUITY | 101,191 | 91,759 |
| External Links | |
| CISCO SYSTEMS, INC. (CSCO) 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 |