10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2011 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Oct 1, 2011 10-K (Filed: Nov 23, 2011) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 1, 2011 | Oct 2, 2010 | Oct 3, 2009 | |
| Revenues | $ 40,893 | 38,063 | 36,149 |
| Costs and expenses | (33,112) | (31,337) | (30,452) |
| Restructuring and impairment charges | (55) | (270) | (492) |
| Other income | 75 | 140 | 342 |
| Net interest expense | (343) | (409) | (466) |
| Equity in the income of investees | 585 | 440 | 577 |
| Income before income taxes | 8,043 | 6,627 | 5,658 |
| Income taxes | (2,785) | (2,314) | (2,049) |
| Net Income | 5,258 | 4,313 | 3,609 |
| Less: Net Income attributable to noncontrolling interests | (451) | (350) | (302) |
| Net Income attributable to The Walt Disney Company (Disney) | 4,807 | 3,963 | 3,307 |
| Earnings per share attributable to Disney: | |||
| Diluted | 2.52 | 2.03 | 1.76 |
| Basic | 2.56 | 2.07 | 1.78 |
| Weighted average number of common and common equivalent shares outstanding: | |||
| Diluted | 1,909 | 1,948 | 1,875 |
| Basic | 1,878 | 1,915 | 1,856 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2011 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Oct 1, 2011 10-K (Filed: Nov 23, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 1, 2011 | Oct 2, 2010 | Oct 3, 2009 | |
| OPERATING ACTIVITIES | |||
| Net income | $ 5,258 | 4,313 | 3,609 |
| Depreciation and amortization | 1,841 | 1,713 | 1,631 |
| Gains on dispositions | (75) | (118) | (342) |
| Deferred income taxes | 127 | 133 | 323 |
| Equity in the income of investees | (585) | (440) | (577) |
| Cash distributions received from equity investees | 608 | 473 | 505 |
| Net change in film and television costs | 332 | 238 | (43) |
| Equity-based compensation | 423 | 391 | 361 |
| Impairment charges | 16 | 132 | 279 |
| Other | 188 | 9 | 29 |
| Changes in operating assets and liabilities | |||
| Receivables | (518) | (686) | 468 |
| Inventories | (199) | (127) | (117) |
| Other assets | (189) | 42 | (565) |
| Accounts payable and other accrued liabilities | (367) | 649 | (250) |
| Income taxes | 134 | (144) | 8 |
| Cash provided by operations | 6,994 | 6,578 | 5,319 |
| INVESTING ACTIVITIES | |||
| Investments in parks, resorts and other property | (3,559) | (2,110) | (1,753) |
| Proceeds from dispositions | 564 | 170 | 185 |
| Acquisitions | (184) | (2,493) | (176) |
| Other | (107) | (90) | (11) |
| Cash used in investing activities | (3,286) | (4,523) | (1,755) |
| FINANCING ACTIVITIES | |||
| Commercial paper borrowings, net | 393 | 1,190 | (1,985) |
| Borrowings | 2,350 | 1,750 | |
| Reduction of borrowings | (1,096) | (1,371) | (1,617) |
| Dividends | (756) | (653) | (648) |
| Repurchases of common stock | (4,993) | (2,669) | (138) |
| Proceeds from exercise of stock options | 1,128 | 1,133 | 119 |
| Other | (259) | (293) | (592) |
| Cash used in financing activities | (3,233) | (2,663) | (3,111) |
| Impact of exchange rates on cash and cash equivalents | (12) | (87) | (37) |
| Increase/(decrease) in cash and cash equivalents | 463 | (695) | 416 |
| Cash and cash equivalents, beginning of year | 2,722 | 3,417 | |
| Cash and cash equivalents, end of year | 3,185 | 2,722 | 3,417 |
| Supplemental disclosure of cash flow information: | |||
| Interest paid | 377 | 393 | 485 |
| Income taxes paid | 2,341 | 2,170 | 1,609 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WALT DISNEY CO/ | ||
Ticker: DIS Fiscal Year: 2011 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Oct 1, 2011 10-K (Filed: Nov 23, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Oct 1, 2011 | Oct 2, 2010 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $ 3,185 | 2,722 |
| Receivables | 6,182 | 5,784 |
| Inventories | 1,595 | 1,442 |
| Television costs | 674 | 678 |
| Deferred income taxes | 1,487 | 1,018 |
| Other current assets | 634 | 581 |
| Total current assets | 13,757 | 12,225 |
| Film and television costs | 4,357 | 4,773 |
| Investments | 2,435 | 2,513 |
| Parks, resorts and other property, at cost | ||
| Attractions, buildings and equipment | 35,515 | 32,875 |
| Accumulated depreciation | (19,572) | (18,373) |
| Parks, resorts and other property, at cost before projects in progress and land, Total | 15,943 | 14,502 |
| Projects in progress | 2,625 | 2,180 |
| Land | 1,127 | 1,124 |
| Fixed assets | 19,695 | 17,806 |
| Intangible assets, net | 5,121 | 5,081 |
| Goodwill | 24,145 | 24,100 |
| Other assets | 2,614 | 2,708 |
| Total assets | 72,124 [1] | 69,206 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable and other accrued liabilities | 6,362 | 6,109 |
| Current portion of borrowings | 3,055 | 2,350 |
| Unearned royalties and other advances | 2,671 | 2,541 |
| Total current liabilities | 12,088 | 11,000 |
| Borrowings | 10,922 | 10,130 |
| Deferred income taxes | 2,866 | 2,630 |
| Other long-term liabilities | 6,795 | 6,104 |
| Commitments and contingencies (Note 15) | ||
| Equity | ||
| Preferred stock, $.01 par value Authorized - 100 million shares, Issued - none | ||
| Common stock, $.01 par value Authorized - 4.6 billion shares, Issued - 2.7 billion shares | 30,296 | 28,736 |
| Retained earnings | 38,375 | 34,327 |
| Accumulated other comprehensive loss | (2,630) [2] | (1,881) |
| Stockholders' Equity subtotal before Treasury Stock, Total | 66,041 | 61,182 |
| Treasury stock, at cost, 937.8 million shares at October 1, 2011 and 803.1 million shares at October 2, 2010 | (28,656) | (23,663) |
| Total Disney Shareholder's equity | 37,385 | 37,519 |
| Noncontrolling interests | 2,068 | 1,823 |
| Total Equity | 39,453 | 39,342 |
| Total liabilities and equity | 72,124 | 69,206 |
| [1] Identifiable assets include amounts associated with equity method investments. Equity method investments by segment are as follows: 2011 2010 Media Networks $ 2,044 $ 2,103 Studio Entertainment 2 2 Interactive Media 4 10 Consumer Products 1 - Corporate 1 8 $ 2,052 $ 2,123 | Goodwill and intangible assets by segment are as follows: 2011 2010 Media Networks $ 17,421 $ 17,442 Parks and Resorts 172 171 Studio Entertainment 6,498 6,416 Consumer Products 3,715 3,699 Interactive Media 1,330 1,323 Corporate 130 130 | ||
| [2] Accumulated other comprehensive income (loss) and components of other comprehensive income (loss) are recorded net of tax using a 37% estimated statutory tax rate | ||
| External Links | |
| WALT DISNEY CO/ (DIS) Fiscal Year 2011 | |
| 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 |