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: 2016 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Oct 1, 2016 10-K (Filed: Nov 23, 2016) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 1, 2016 | Oct 3, 2015 | Sept 27, 2014 | |
| Services Revenue | $ 47,130 | 43,894 | 40,246 |
| Products Revenue | 8,502 | 8,571 | 8,567 |
| Total revenues | 55,632 | 52,465 | 48,813 |
| Cost of services (exclusive of depreciation and amortization) | (24,653) | (23,191) | (21,356) |
| Cost of products (exclusive of depreciation and amortization) | (5,340) | (5,173) | (5,064) |
| Selling, general, administrative and other | (8,754) | (8,523) | (8,565) |
| Depreciation and amortization | (2,527) | (2,354) | (2,288) |
| Total costs and expenses | (41,274) | (39,241) | (37,273) |
| Restructuring and impairment charges | (156) | (53) | (140) |
| Other expense, net | 0 | 0 | (31) |
| Interest income/(expense), net | (260) | (117) | 23 |
| Equity in the income of investees | 926 | 814 | 854 |
| Income before income taxes | 14,868 | 13,868 | 12,246 |
| Income taxes | (5,078) | (5,016) | (4,242) |
| Net income | 9,790 | 8,852 | 8,004 |
| Less: Net income attributable to noncontrolling interests | (399) | (470) | (503) |
| Net income attributable to The Walt Disney Company (Disney) | 9,391 | 8,382 | 7,501 |
| Earnings per share attributable to Disney: | |||
| Earnings Per Share, Diluted (usd per share) | 5.73 | 4.90 | 4.26 |
| Earnings Per Share, Basic (usd per share) | 5.76 | 4.95 | 4.31 |
| Weighted average number of common and common equivalent shares outstanding: | |||
| Diluted (shares) | 1,639 | 1,709 | 1,759 |
| Basic (shares) | 1,629 | 1,694 | 1,740 |
| Dividends Declared Per Share (usd per share) | 1.42 | 1.81 | 0.86 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Oct 1, 2016 10-K (Filed: Nov 23, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 1, 2016 | Oct 3, 2015 | Sept 27, 2014 | |
| Net Income | $ 9,790 | 8,852 | 8,004 |
| Other comprehensive income/(loss), net of tax: | |||
| Market value adjustments for investments | 13 | (87) | 5 |
| Market value adjustments for hedges | (359) | 130 | 121 |
| Pension and postretirement medical plan adjustments | (1,154) | (301) | (925) |
| Foreign currency translation and other | (156) | (272) | (18) |
| Other comprehensive income/(loss) | (1,656) | (530) | (817) |
| Comprehensive income | 8,134 | 8,322 | 7,187 |
| Less: Net income attributable to noncontrolling interests | (399) | (470) | (503) |
| Less: Other comprehensive (income)/loss attributable to noncontrolling interests | 98 | 77 | 36 |
| Comprehensive income attributable to Disney | 7,833 | 7,929 | 6,720 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Oct 1, 2016 10-K (Filed: Nov 23, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 1, 2016 | Oct 3, 2015 | Sept 27, 2014 | |
| OPERATING ACTIVITIES | |||
| Net Income | $ 9,790 | 8,852 | 8,004 |
| Depreciation and amortization | 2,527 | 2,354 | 2,288 |
| Gains on sales of investments and dispositions | (26) | (91) | (299) |
| Deferred income taxes | 1,214 | (102) | 517 |
| Equity in the income of investees | (926) | (814) | (854) |
| Cash distributions received from equity investees | 799 | 752 | 718 |
| Net change in film and television costs and advances | (101) | (922) | (964) |
| Equity-based compensation | 393 | 410 | 408 |
| Other Operating Activities, Cash Flow Statement | 445 | 341 | 234 |
| Changes in operating assets and liabilities: | |||
| Receivables | (393) | (211) | (480) |
| Inventories | 186 | 1 | (81) |
| Other assets | (137) | 34 | (151) |
| Accounts payable and other accrued liabilities | 40 | (49) | 536 |
| Income taxes | (598) | 354 | (96) |
| Cash provided by operations | 13,213 | 10,909 | 9,780 |
| INVESTING ACTIVITIES | |||
| Investments in parks, resorts and other property | (4,773) | (4,265) | (3,311) |
| Sales of investments/proceeds from dispositions | 45 | 166 | 395 |
| Acquisitions | (850) | 0 | (402) |
| Other | (180) | (146) | (27) |
| Cash used in investing activities | (5,758) | (4,245) | (3,345) |
| FINANCING ACTIVITIES | |||
| Commercial paper borrowings/(repayments), net | (920) | 2,376 | 50 |
| Borrowings | 6,065 | 2,550 | 2,231 |
| Reduction of borrowings | (2,205) | (2,221) | (1,648) |
| Dividends | (2,313) | (3,063) | (1,508) |
| Repurchases of common stock | (7,499) | (6,095) | (6,527) |
| Proceeds from exercise of stock options | 259 | 329 | 404 |
| Proceeds from Noncontrolling Interests | 0 | 1,012 | 608 |
| Other | (378) | (402) | (320) |
| Cash used in financing activities | (6,991) | (5,514) | (6,710) |
| Impact of exchange rates on cash and cash equivalents | (123) | (302) | (235) |
| Change in cash and cash equivalents | 341 | 848 | (510) |
| Cash and cash equivalents, beginning of year | 4,269 | 3,421 | |
| Cash and cash equivalents, end of year | 4,610 | 4,269 | 3,421 |
| Supplemental disclosure of cash flow information: | |||
| Interest paid | 395 | 314 | 310 |
| Income taxes paid | 4,133 | 4,396 | 3,483 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WALT DISNEY CO/ | ||
Ticker: DIS Fiscal Year: 2016 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Oct 1, 2016 10-K (Filed: Nov 23, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Oct 1, 2016 | Oct 3, 2015 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $ 4,610 | 4,269 |
| Receivables | 9,065 | 8,019 |
| Inventories | 1,390 | 1,571 |
| Television costs and advances | 1,208 | 1,170 |
| Deferred income taxes | 0 | 767 |
| Other current assets | 693 | 962 |
| Total current assets | 16,966 | 16,758 |
| Film and television costs | 6,339 | 6,183 |
| Investments | 4,280 | 2,643 |
| Attractions, buildings and equipment | 50,270 | 42,745 |
| Accumulated depreciation | (26,849) | (24,844) |
| Parks, resorts and other property, before projects in progress and land, Total | 23,421 | 17,901 |
| Projects in progress | 2,684 | 6,028 |
| Land | 1,244 | 1,250 |
| Parks, resorts and other property | 27,349 | 25,179 |
| Intangible assets, net | 6,949 | 7,172 |
| Goodwill | 27,810 | 27,826 |
| Other assets | 2,340 | 2,421 |
| Total assets | 92,033 | 88,182 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable and other accrued liabilities | 9,130 | 7,844 |
| Current portion of borrowings | 3,687 | 4,563 |
| Unearned royalties and other advances | 4,025 | 3,927 |
| Total current liabilities | 16,842 | 16,334 |
| Borrowings | 16,483 | 12,773 |
| Deferred income taxes | 3,679 | 4,051 |
| Other long-term liabilities | 7,706 | 6,369 |
| Commitments and contingencies | ||
| Equity | ||
| Preferred stock, $.01 par value Authorized 100 million shares, Issued none | 0 | 0 |
| Common stock, $.01 par value, Authorized 4.6 billion shares, Issued 2.9 billion shares at October 1, 2016 and 2.8 billion shares at October 3, 2015 | 35,859 | 35,122 |
| Retained earnings | 66,088 | 59,028 |
| Accumulated other comprehensive loss | (3,979) | (2,421) |
| Stockholders' Equity subtotal before Treasury Stock, Total | 97,968 | 91,729 |
| Treasury stock, at cost, 1.3 billion shares at October 1, 2016 and 1.2 billion shares at October 3, 2015 | (54,703) | (47,204) |
| Total Disney Shareholders equity | 43,265 | 44,525 |
| Noncontrolling interests | 4,058 | 4,130 |
| Total equity | 47,323 | 48,655 |
| Total liabilities and equity | 92,033 | 88,182 |
| External Links | |
| WALT DISNEY CO/ (DIS) Fiscal Year 2016 | |
| 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 |