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: 2017 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Sept 30, 2017 10-K (Filed: Nov 22, 2017) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 30, 2017 | Oct 1, 2016 | Oct 3, 2015 | |
| Services Revenue | $ 46,843 | 47,130 | 43,894 |
| Products Revenue | 8,294 | 8,502 | 8,571 |
| Total revenues | 55,137 | 55,632 | 52,465 |
| Cost of services (exclusive of depreciation and amortization) | (25,320) | (24,653) | (23,191) |
| Cost of products (exclusive of depreciation and amortization) | (4,986) | (5,340) | (5,173) |
| Selling, general, administrative and other | (8,176) | (8,754) | (8,523) |
| Depreciation and amortization | (2,782) | (2,527) | (2,354) |
| Total costs and expenses | (41,264) | (41,274) | (39,241) |
| Restructuring and impairment charges | (98) | (156) | (53) |
| Other income, net | 78 | 0 | 0 |
| Interest expense, net | (385) | (260) | (117) |
| Equity in the income of investees | 320 | 926 | 814 |
| Income before income taxes | 13,788 | 14,868 | 13,868 |
| Income taxes | (4,422) | (5,078) | (5,016) |
| Net income | 9,366 | 9,790 | 8,852 |
| Less: Net income attributable to noncontrolling interests | (386) | (399) | (470) |
| Net income attributable to The Walt Disney Company (Disney) | 8,980 | 9,391 | 8,382 |
| Earnings per share attributable to Disney: | |||
| Earnings Per Share, Diluted (usd per share) | 5.69 | 5.73 | 4.90 |
| Earnings Per Share, Basic (usd per share) | 5.73 | 5.76 | 4.95 |
| Weighted average number of common and common equivalent shares outstanding: | |||
| Diluted (shares) | 1,578 | 1,639 | 1,709 |
| Basic (shares) | 1,568 | 1,629 | 1,694 |
| Dividends Declared Per Share (usd per share) | 1.56 | 1.42 | 1.81 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2017 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Sept 30, 2017 10-K (Filed: Nov 22, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 30, 2017 | Oct 1, 2016 | Oct 3, 2015 | |
| Net Income | $ 9,366 | 9,790 | 8,852 |
| Other comprehensive income/(loss), net of tax: | |||
| Market value adjustments for investments | (18) | 13 | (87) |
| Market value adjustments for hedges | (37) | (359) | 130 |
| Pension and postretirement medical plan adjustments | 584 | (1,154) | (301) |
| Foreign currency translation and other | (103) | (156) | (272) |
| Other comprehensive income/(loss) | 426 | (1,656) | (530) |
| Comprehensive income | 9,792 | 8,134 | 8,322 |
| Less: Net income attributable to noncontrolling interests | (386) | (399) | (470) |
| Other comprehensive loss attributable to noncontrolling interests | 25 | 98 | 77 |
| Comprehensive income attributable to Disney | 9,431 | 7,833 | 7,929 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2017 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Sept 30, 2017 10-K (Filed: Nov 22, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 30, 2017 | Oct 1, 2016 | Oct 3, 2015 | |
| OPERATING ACTIVITIES | |||
| Net Income | $ 9,366 | 9,790 | 8,852 |
| Depreciation and amortization | 2,782 | 2,527 | 2,354 |
| Gain on Acquisitions and Sales of Investments | (289) | (26) | (91) |
| Deferred income taxes | 334 | 1,214 | (102) |
| Equity in the income of investees | (320) | (926) | (814) |
| Cash distributions received from equity investees | 788 | 799 | 752 |
| Net change in film and television costs and advances | (1,075) | (101) | (922) |
| Equity-based compensation | 364 | 393 | 410 |
| Other Operating Activities, Cash Flow Statement | 503 | 674 | 628 |
| Changes in operating assets and liabilities: | |||
| Receivables | 107 | (393) | (211) |
| Inventories | (5) | 186 | 1 |
| Other assets | (52) | (443) | 223 |
| Accounts payable and other accrued liabilities | (368) | 40 | (49) |
| Income taxes | 208 | (598) | 354 |
| Cash provided by operations | 12,343 | 13,136 | 11,385 |
| INVESTING ACTIVITIES | |||
| Investments in parks, resorts and other property | (3,623) | (4,773) | (4,265) |
| Acquisitions | (417) | (850) | 0 |
| Other | (71) | (135) | 20 |
| Cash used in investing activities | (4,111) | (5,758) | (4,245) |
| FINANCING ACTIVITIES | |||
| Commercial paper borrowings/(repayments), net | 1,247 | (920) | 2,376 |
| Borrowings | 4,820 | 6,065 | 2,550 |
| Reduction of borrowings | (2,364) | (2,205) | (2,221) |
| Dividends | (2,445) | (2,313) | (3,063) |
| Repurchases of common stock | (9,368) | (7,499) | (6,095) |
| Proceeds from exercise of stock options | 276 | 259 | 329 |
| Proceeds from Noncontrolling Interests | 17 | 0 | 1,012 |
| Other | (1,142) | (607) | (689) |
| Cash used in financing activities | (8,959) | (7,220) | (5,801) |
| Impact of exchange rates on cash and cash equivalents | 31 | (123) | (302) |
| Change in Cash, Cash Equivalents and Restricted Cash | (696) | 35 | 1,037 |
| Cash and Cash Equivalents and Restricted Cash, Beginning of Year | 4,760 | 4,725 | |
| Total Cash and Cash Equivalents and Restricted Cash | 4,064 | 4,760 | 4,725 |
| Supplemental disclosure of cash flow information: | |||
| Interest paid | 466 | 395 | 314 |
| Income taxes paid | 3,801 | 4,133 | 4,396 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WALT DISNEY CO/ | ||
Ticker: DIS Fiscal Year: 2017 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Sept 30, 2017 10-K (Filed: Nov 22, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 30, 2017 | Oct 1, 2016 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $ 4,017 | 4,610 |
| Receivables | 8,633 | 9,065 |
| Inventories | 1,373 | 1,390 |
| Television costs and advances | 1,278 | 1,208 |
| Other current assets | 588 | 693 |
| Total current assets | 15,889 | 16,966 |
| Film and television costs | 7,481 | 6,339 |
| Investments | 3,202 | 4,280 |
| Attractions, buildings and equipment | 54,043 | 50,270 |
| Accumulated depreciation | (29,037) | (26,849) |
| Parks, resorts and other property, before projects in progress and land, Total | 25,006 | 23,421 |
| Projects in progress | 2,145 | 2,684 |
| Land | 1,255 | 1,244 |
| Parks, resorts and other property | 28,406 | 27,349 |
| Intangible assets, net | 6,995 | 6,949 |
| Goodwill | 31,426 | 27,810 |
| Other assets | 2,390 | 2,340 |
| Total assets | 95,789 | 92,033 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable and other accrued liabilities | 8,855 | 9,130 |
| Current portion of borrowings | 6,172 | 3,687 |
| Deferred revenue and other | 4,568 | 4,025 |
| Total current liabilities | 19,595 | 16,842 |
| Borrowings | 19,119 | 16,483 |
| Deferred income taxes | 4,480 | 3,679 |
| Other long-term liabilities | 6,443 | 7,706 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interest | 1,148 | 0 |
| 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 | 36,248 | 35,859 |
| Retained earnings | 72,606 | 66,088 |
| Accumulated other comprehensive loss | (3,528) | (3,979) |
| Stockholders' Equity subtotal before Treasury Stock, Total | 105,326 | 97,968 |
| Treasury stock, at cost, 1.4 billion shares at September 30, 2017 and 1.3 billion shares at October 1, 2016 | (64,011) | (54,703) |
| Total Disney Shareholders equity | 41,315 | 43,265 |
| Noncontrolling interests | 3,689 | 4,058 |
| Total equity | 45,004 | 47,323 |
| Total liabilities and equity | 95,789 | 92,033 |
| External Links | |
| WALT DISNEY CO/ (DIS) 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 |