10-K.Info (Beta Test)
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Income Statement Comp. Income Cash Flow Balance Sheet All Statements
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10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

GOOGLE INC.

Ticker: GOOG   Fiscal Year: 2011

CONSOLIDATED STATEMENTS OF INCOME

Period Ending Dec 31, 2011 10-K (Filed: Jan 26, 2012)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2011Dec 31, 2010Dec 31, 2009
Revenues
$
37,905
29,32123,651
Costs and expenses:
Cost of revenues (including stock-based compensation expense of $47, $67, $249)13,18810,4178,844
Research and development (including stock-based compensation expense of $725, $861, $1,061)5,1623,7622,843
Sales and marketing (including stock-based compensation expense of $231, $261, $361)4,5892,7991,984
General and administrative (including stock-based compensation expense of $161, $187, $303)2,7241,9621,668
Charge related to the resolution of Department of Justice investigation50000
Total costs and expenses26,16318,94015,339
 
Income from operations11,74210,3818,312
 
Interest and other income, net58441569
Income before income taxes12,32610,7968,381
 
Provision for income taxes2,5892,2911,861
Net income9,7378,5056,520
 
Net income per share of Class A and Class B common stock:
Basic30.1726.6920.62
Diluted29.7626.3120.41
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GOOGLE INC.

Ticker: GOOG   Fiscal Year: 2011

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Period Ending Dec 31, 2011 10-K (Filed: Jan 26, 2012)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2011Dec 31, 2010Dec 31, 2009
Net income
$
9,737
8,5056,520
Other comprehensive income (loss):
Change in foreign currency translation adjustment(107)(124)77
Available-for-sale investments:
Change in net unrealized gains34823293
Less: reclassification adjustment for net gains included in net income(115)(151)(91)
Net change (net of tax effect of $6, $52, $54)233812
 
Cash flow hedges:
Change in unrealized gains39196(9)
Less: reclassification adjustment for gains included in net income(27)(120)(192)
Net change (net of tax effect of $138, $52, $2)1276(201)
 
Other comprehensive income (loss)13833(122)
 
Comprehensive income9,8758,5386,398
 
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GOOGLE INC.

Ticker: GOOG   Fiscal Year: 2011

CONSOLIDATED STATEMENTS OF CASH FLOWS

Period Ending Dec 31, 2011 10-K (Filed: Jan 26, 2012)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2011Dec 31, 2010Dec 31, 2009
Operating activities
Net income
$
9,737
8,5056,520
Adjustments:
Depreciation and amortization of property and equipment1,3961,0671,240
Amortization of intangible and other assets455329284
Stock-based compensation expense1,9741,3761,164
Excess tax benefits from stock-based award activities(86)(94)(90)
Deferred income taxes3439(268)
Impairment of equity investments11000
Other6(12)(20)
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable(1,156)(1,129)(504)
Income taxes, net731102217
Prepaid revenue share, expenses and other assets(262)(414)262
Accounts payable10127234
Accrued expenses and other liabilities795745243
Accrued revenue share259214158
Deferred revenue16211176
Net cash provided by operating activities14,56511,0819,316
 
Investing activities
Purchases of property and equipment(3,438)(4,018)(810)
Purchases of marketable securities(61,672)(43,985)(29,139)
Maturities and sales of marketable securities48,74637,09922,103
Investments in non-marketable equity securities(428)(320)(65)
Cash collateral received (returned) from securities lending(354)2,3610
Investments in reverse repurchase agreements5(750)0
Acquisitions, net of cash acquired, and purchases of intangible and other assets(1,900)(1,067)(108)
Net cash used in investing activities(19,041)(10,680)(8,019)
 
Financing activities
Net proceeds (payments) from stock-based award activities(5)294143
Excess tax benefits from stock-based award activities869490
Repurchase of common stock in connection with acquisitions0(801)0
Proceeds from issuance of debt, net of costs10,9055,2460
Repayment of debt(10,179)(1,783)0
Net cash provided by financing activities8073,050233
 
Effect of exchange rate changes on cash and cash equivalents22(19)11
Net increase (decrease) in cash and cash equivalents(3,647)3,4321,541
 
Cash and cash equivalents at beginning of year13,63010,198
Cash and cash equivalents at end of year9,98313,63010,198
 
Supplemental disclosures of cash flow information
Cash paid for interest4000
Cash paid for taxes1,4712,1751,896
Non-cash financing activity:
Fair value of common stock issued and vested options assumed in connection with acquisitions07500
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GOOGLE INC.

Ticker: GOOG   Fiscal Year: 2011

CONSOLIDATED BALANCE SHEETS

Period Ending Dec 31, 2011 10-K (Filed: Jan 26, 2012)

(In Millions, except shares in actual)
 As ofAs of
 Dec 31, 2011Dec 31, 2010
Assets
Current assets:
Cash and cash equivalents
$
9,983
13,630
Marketable securities34,64321,345
Total cash, cash equivalents, and marketable securities (including securities loaned of $4,031 and $2,778)44,62634,975
 
Accounts receivable, net of allowance of $101 and $1335,4274,252
Receivable under reverse repurchase agreements745750
Deferred income taxes, net215259
Prepaid revenue share, expenses and other assets1,7451,326
Total current assets52,75841,562
 
Prepaid revenue share, expenses and other assets, non-current499442
Deferred income taxes, net, non-current0265
Non-marketable equity securities790523
Property and equipment, net9,6037,759
Intangible assets, net1,5781,044
Goodwill7,3466,256
Total assets72,57457,851
 
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable588483
Short-term debt1,2183,465
Accrued compensation and benefits1,8181,410
Accrued expenses and other current liabilities1,370961
Accrued revenue share1,168885
Securities lending payable2,0072,361
Deferred revenue547394
Income taxes payable, net19737
Total current liabilities8,9139,996
 
Long-term debt2,9860
Deferred revenue, non-current4435
Income taxes payable, non-current1,6931,200
Deferred income taxes, net, non-current2870
Other long-term liabilities506379
Commitments and contingencies  
Stockholders' equity:
Convertible preferred stock, $0.001 par value per share, 100,000 shares authorized; no shares issued and outstanding00
Class A and Class B common stock and additional paid-in capital, $0.001 par value per share: 9,000,000 shares authorized; 321,301 (Class A 250,413, Class B 70,888) and par value of $321 (Class A $250, Class B $71) and 324,895 (Class A 257,553, Class B 67,342) and par value of $325 (Class A $258, Class B $67) shares issued and outstanding20,26418,235
Accumulated other comprehensive income276138
Retained earnings37,60527,868
Total stockholders' equity58,14546,241
 
Total liabilities and stockholders' equity72,57457,851
 
External Links 
GOOGLE INC. (GOOG) 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