10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 11, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenues | $ 74,989 | 66,001 | 55,519 |
| Costs and expenses: | |||
| Cost of revenues | 28,164 | 25,691 | 21,993 |
| Research and development | 12,282 | 9,832 | 7,137 |
| Sales and marketing | 9,047 | 8,131 | 6,554 |
| General and administrative | 6,136 | 5,851 | 4,432 |
| Total costs and expenses | 55,629 | 49,505 | 40,116 |
| Income from operations | 19,360 | 16,496 | 15,403 |
| Other income (expense), net | 291 | 763 | 496 |
| Income from continuing operations before income taxes | 19,651 | 17,259 | 15,899 |
| Provision for income taxes | 3,303 | 3,639 | 2,739 |
| Net income from continuing operations | 16,348 | 13,620 | 13,160 |
| Net income (loss) from discontinued operations | 0 | 516 | (427) |
| Net income | 16,348 | 14,136 | 12,733 |
| Less: Adjustment Payment to Class C capital stockholders | 522 | 0 | 0 |
| Net income available to all stockholders | 15,826 | 14,136 | 12,733 |
| Net income (loss) per share of Class A and Class B common stock and Class C capital stock - basic: | |||
| Continuing operations (in USD per share) | 20.15 | 19.77 | |
| Net income (loss) per share - basic (in USD per share) | 20.91 | 19.13 | |
| Net income (loss) per share of Class A and Class B common stock and Class C capital stock - diluted: | |||
| Continuing operations (in USD per share) | 19.82 | 19.42 | |
| Net income (loss) per share - diluted (in USD per share) | 20.57 | 18.79 | |
| Legal Entity | |||
| Google Inc. | |||
| Revenues | 74,989 | 66,001 | 55,519 |
| Cost of revenues | 28,164 | 25,691 | 21,993 |
| Research and development | 12,282 | 9,832 | 7,137 |
| Sales and marketing | 9,047 | 8,131 | 6,554 |
| General and administrative | 6,136 | 5,851 | 4,432 |
| Total costs and expenses | 55,629 | 49,505 | 40,116 |
| Income from operations | 19,360 | 16,496 | 15,403 |
| Other income (expense), net | 291 | 763 | 496 |
| Income from continuing operations before income taxes | 19,651 | 17,259 | 15,899 |
| Provision for income taxes | 3,303 | 3,639 | 2,739 |
| Net income from continuing operations | 16,348 | 13,620 | 13,160 |
| Net income (loss) from discontinued operations | 0 | 516 | (427) |
| Net income | 16,348 | 14,136 | 12,733 |
| Less: Adjustment Payment to Class C capital stockholders | 522 | 0 | 0 |
| Net income available to all stockholders | 15,826 | 14,136 | 12,733 |
| Class of Stock | |||
| Common Class A and Common Class B | |||
| Continuing operations (in USD per share) | 23.11 | 20.15 | 19.77 |
| Discontinued operations (in USD per share) | 0.00 | 0.76 | (0.64) |
| Net income (loss) per share - basic (in USD per share) | 23.11 | 20.91 | 19.13 |
| Continuing operations (in USD per share) | 22.84 | 19.82 | 19.42 |
| Discontinued operations (in USD per share) | 0.00 | 0.75 | (0.63) |
| Net income (loss) per share - diluted (in USD per share) | 22.84 | 20.57 | 18.79 |
| Class C Capital Stock | |||
| Net income from continuing operations | 7,935 | 6,813 | 6,580 |
| Net income (loss) from discontinued operations | 0 | 258 | (214) |
| Less: Adjustment Payment to Class C capital stockholders | (522) | ||
| Net income available to all stockholders | 8,457 | 7,071 | 6,366 |
| Continuing operations (in USD per share) | 24.63 | 20.15 | 19.77 |
| Discontinued operations (in USD per share) | 0.00 | 0.76 | (0.64) |
| Net income (loss) per share - basic (in USD per share) | 24.63 | 20.91 | 19.13 |
| Continuing operations (in USD per share) | 24.34 | 19.82 | 19.42 |
| Discontinued operations (in USD per share) | 0.00 | 0.75 | (0.63) |
| Net income (loss) per share - diluted (in USD per share) | 24.34 | 20.57 | 18.79 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 11, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net income | $ 16,348 | 14,136 | 12,733 |
| Other comprehensive income (loss): | |||
| Change in foreign currency translation adjustment | (1,067) | (996) | 89 |
| Available-for-sale investments: | |||
| Change in net unrealized gains (losses) | (715) | 505 | (392) |
| Less: reclassification adjustment for net (gains) losses included in net income | 208 | (134) | (162) |
| Net change (net of tax effect of $212, $60, and $29) | (507) | 371 | (554) |
| Cash flow hedges: | |||
| Change in net unrealized gains | 676 | 651 | 112 |
| Less: reclassification adjustment for net gains included in net income | (1,003) | (124) | (60) |
| Net change (net of tax effect of $30, $196, and $115) | (327) | 527 | 52 |
| Other comprehensive loss | (1,901) | (98) | (413) |
| Comprehensive income | 14,447 | 14,038 | 12,320 |
| Legal Entity | |||
| Google Inc. | |||
| Net income | 16,348 | 14,136 | 12,733 |
| Change in foreign currency translation adjustment | (1,067) | (996) | 89 |
| Change in net unrealized gains (losses) | (715) | 505 | (392) |
| Less: reclassification adjustment for net (gains) losses included in net income | 208 | (134) | (162) |
| Net change (net of tax effect of $212, $60, and $29) | (507) | 371 | (554) |
| Change in net unrealized gains | 676 | 651 | 112 |
| Less: reclassification adjustment for net gains included in net income | (1,003) | (124) | (60) |
| Net change (net of tax effect of $30, $196, and $115) | (327) | 527 | 52 |
| Other comprehensive loss | (1,901) | (98) | (413) |
| Comprehensive income | 14,447 | 14,038 | 12,320 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 11, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Operating activities | |||
| Net income | $ 16,348 | 14,136 | 12,733 |
| Adjustments: | |||
| Depreciation and impairment of property and equipment | 4,132 | 3,523 | 2,781 |
| Amortization and impairment of intangible assets | 931 | 1,456 | 1,158 |
| Stock-based compensation expense | 5,203 | 4,279 | 3,343 |
| Excess tax benefits from stock-based award activities | (548) | (648) | (481) |
| Deferred income taxes | (179) | (104) | (437) |
| Gain on divestiture of business | 0 | (740) | (700) |
| (Gain) loss on marketable and non-marketable investments, net | 334 | (390) | (166) |
| Other | 212 | 192 | 272 |
| Changes in assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (2,094) | (1,641) | (1,307) |
| Income taxes, net | (179) | 591 | 588 |
| Prepaid revenue share, expenses and other assets | (318) | 459 | (930) |
| Accounts payable | 203 | 436 | 605 |
| Accrued expenses and other liabilities | 1,597 | 757 | 713 |
| Accrued revenue share | 339 | 245 | 254 |
| Deferred revenue | 43 | (175) | 233 |
| Net cash provided by operating activities | 26,024 | 22,376 | 18,659 |
| Investing activities | |||
| Purchases of property and equipment | (9,915) | (10,959) | (7,358) |
| Purchases of marketable securities | (74,368) | (56,310) | (45,444) |
| Maturities and sales of marketable securities | 62,905 | 51,315 | 38,314 |
| Purchases of non-marketable investments | (2,172) | (1,227) | (569) |
| Cash collateral related to securities lending | (350) | 1,403 | (299) |
| Investments in reverse repurchase agreements | 425 | (775) | 600 |
| Proceeds from divestiture of business | 0 | 386 | 2,525 |
| Acquisitions, net of cash acquired, and purchases of intangibles and other assets | (236) | (4,888) | (1,448) |
| Net cash used in investing activities | (23,711) | (21,055) | (13,679) |
| Financing activities | |||
| Net payments related to stock-based award activities | (2,375) | (2,069) | (781) |
| Excess tax benefits from stock-based award activities | 548 | 648 | 481 |
| Adjustment Payment to Class C capital stockholders | (47) | 0 | 0 |
| Repurchases of capital stock | (1,780) | 0 | 0 |
| Proceeds from issuance of debt, net of costs | 13,705 | 11,625 | 10,768 |
| Repayments of debt | (13,728) | (11,643) | (11,325) |
| Net cash used in financing activities | (3,677) | (1,439) | (857) |
| Effect of exchange rate changes on cash and cash equivalents | (434) | (433) | (3) |
| Net increase (decrease) in cash and cash equivalents | (1,798) | (551) | 4,120 |
| Cash and cash equivalents at beginning of period | 18,347 | 18,898 | |
| Cash and cash equivalents at end of period | 16,549 | 18,347 | 18,898 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for taxes | 3,338 | 2,819 | 1,932 |
| Cash paid for interest | 96 | 86 | 72 |
| Legal Entity | |||
| Google Inc. | |||
| Net income | 16,348 | 14,136 | 12,733 |
| Depreciation and impairment of property and equipment | 4,132 | 3,523 | 2,781 |
| Amortization and impairment of intangible assets | 931 | 1,456 | 1,158 |
| Stock-based compensation expense | 5,203 | 4,279 | 3,343 |
| Excess tax benefits from stock-based award activities | (548) | (648) | (481) |
| Deferred income taxes | (179) | (104) | (437) |
| Gain on divestiture of business | 0 | (740) | (700) |
| (Gain) loss on marketable and non-marketable investments, net | 334 | (390) | (166) |
| Other | 212 | 192 | 272 |
| Accounts receivable | (2,094) | (1,641) | (1,307) |
| Income taxes, net | (179) | 591 | 588 |
| Prepaid revenue share, expenses and other assets | (318) | 459 | (930) |
| Accounts payable | 203 | 436 | 605 |
| Accrued expenses and other liabilities | 1,597 | 757 | 713 |
| Accrued revenue share | 339 | 245 | 254 |
| Deferred revenue | 43 | (175) | 233 |
| Net cash provided by operating activities | 26,024 | 22,376 | 18,659 |
| Purchases of property and equipment | (9,915) | (10,959) | (7,358) |
| Purchases of marketable securities | (74,368) | (56,310) | (45,444) |
| Maturities and sales of marketable securities | 62,905 | 51,315 | 38,314 |
| Purchases of non-marketable investments | (2,172) | (1,227) | (569) |
| Cash collateral related to securities lending | (350) | 1,403 | (299) |
| Investments in reverse repurchase agreements | 425 | (775) | 600 |
| Proceeds from divestiture of business | 0 | 386 | 2,525 |
| Acquisitions, net of cash acquired, and purchases of intangibles and other assets | (236) | (4,888) | (1,448) |
| Net cash used in investing activities | (23,711) | (21,055) | (13,679) |
| Net payments related to stock-based award activities | (1,612) | (2,069) | (781) |
| Excess tax benefits from stock-based award activities | 548 | 648 | 481 |
| Adjustment Payment to Class C capital stockholders | (47) | 0 | 0 |
| Capital transactions with Alphabet | 2,543 | 0 | 0 |
| Proceeds from issuance of debt, net of costs | 13,705 | 11,625 | 10,768 |
| Repayments of debt | (13,728) | (11,643) | (11,325) |
| Net cash used in financing activities | (3,677) | (1,439) | (857) |
| Effect of exchange rate changes on cash and cash equivalents | (434) | (433) | (3) |
| Net increase (decrease) in cash and cash equivalents | (1,798) | (551) | 4,120 |
| Cash and cash equivalents at beginning of period | 16,549 | 18,898 | 18,898 |
| Cash and cash equivalents at end of period | 16,549 | 18,898 | 18,898 |
| Cash paid for taxes | 3,338 | 2,819 | 1,932 |
| Cash paid for interest | 96 | 86 | 72 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ALPHABET INC. | ||
Ticker: GOOG Fiscal Year: 2015 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 11, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 16,549 | 18,347 |
| Marketable securities | 56,517 | 46,048 |
| Total cash, cash equivalents, and marketable securities (including securities loaned of $4,058 and $4,531) | 73,066 | 64,395 |
| Accounts receivable, net of allowance of $225 and $296 | 11,556 | 9,383 |
| Receivable under reverse repurchase agreements | 450 | 875 |
| Income taxes receivable, net | 1,903 | 591 |
| Prepaid revenue share, expenses and other assets | 3,139 | 3,412 |
| Total current assets | 90,114 | 78,656 |
| Prepaid revenue share, expenses and other assets, non-current | 3,181 | 3,187 |
| Non-marketable investments | 5,183 | 3,079 |
| Deferred income taxes | 251 | 176 |
| Property and equipment, net | 29,016 | 23,883 |
| Intangible assets, net | 3,847 | 4,607 |
| Goodwill | 15,869 | 15,599 |
| Total assets | 147,461 | 129,187 |
| Liabilities and Stockholders Equity | ||
| Current liabilities: | ||
| Accounts payable | 1,931 | 1,715 |
| Short-term debt | 3,225 | 2,009 |
| Accrued compensation and benefits | 3,539 | 3,069 |
| Accrued expenses and other current liabilities | 4,768 | 4,408 |
| Accrued revenue share | 2,329 | 1,952 |
| Securities lending payable | 2,428 | 2,778 |
| Deferred revenue | 788 | 752 |
| Income taxes payable, net | 302 | 96 |
| Total current liabilities | 19,310 | 16,779 |
| Long-term debt | 1,995 | 3,228 |
| Deferred revenue, non-current | 151 | 104 |
| Income taxes payable, non-current | 3,663 | 3,340 |
| Deferred income taxes | 189 | 758 |
| Other long-term liabilities | 1,822 | 1,118 |
| Commitments and contingencies | ||
| Stockholders equity: | ||
| Convertible preferred stock | 0 | 0 |
| Class A and Class B common stock, and Class C capital stock and additional paid-in capital | 32,982 | 28,767 |
| Accumulated other comprehensive income (loss) | (1,874) | 27 |
| Retained earnings | 89,223 | 75,066 |
| Total stockholders equity | 120,331 | 103,860 |
| Total liabilities and stockholders equity | 147,461 | 129,187 |
| Legal Entity | ||
| Google Inc. | ||
| Cash and cash equivalents | 16,549 | 18,347 |
| Marketable securities | 56,517 | 46,048 |
| Total cash, cash equivalents, and marketable securities (including securities loaned of $4,058 and $4,531) | 73,066 | 64,395 |
| Accounts receivable, net of allowance of $225 and $296 | 11,556 | 9,383 |
| Receivable under reverse repurchase agreements | 450 | 875 |
| Income taxes receivable, net | 1,903 | 591 |
| Prepaid revenue share, expenses and other assets | 3,139 | 3,412 |
| Total current assets | 90,114 | 78,656 |
| Prepaid revenue share, expenses and other assets, non-current | 3,181 | 3,187 |
| Non-marketable investments | 5,183 | 3,079 |
| Deferred income taxes | 251 | 176 |
| Property and equipment, net | 29,016 | 23,883 |
| Intangible assets, net | 3,847 | 4,607 |
| Goodwill | 15,869 | 15,599 |
| Total assets | 147,461 | 129,187 |
| Accounts payable | 1,931 | 1,715 |
| Short-term debt | 3,225 | 2,009 |
| Accrued compensation and benefits | 3,539 | 3,069 |
| Accrued expenses and other current liabilities | 4,768 | 4,408 |
| Accrued revenue share | 2,329 | 1,952 |
| Securities lending payable | 2,428 | 2,778 |
| Deferred revenue | 788 | 752 |
| Income taxes payable, net | 302 | 96 |
| Total current liabilities | 19,310 | 16,779 |
| Long-term debt | 1,995 | 3,228 |
| Deferred revenue, non-current | 151 | 104 |
| Income taxes payable, non-current | 3,663 | 3,340 |
| Deferred income taxes | 189 | 758 |
| Other long-term liabilities | 1,822 | 1,118 |
| Commitments and contingencies | ||
| Convertible preferred stock | 0 | 0 |
| Class A and Class B common stock, and Class C capital stock and additional paid-in capital | 31,313 | 28,767 |
| Accumulated other comprehensive income (loss) | (1,874) | 27 |
| Retained earnings | 90,892 | 75,066 |
| Total stockholders equity | 120,331 | 103,860 |
| Total liabilities and stockholders equity | 147,461 | 129,187 |
| External Links | |
| ALPHABET INC. (GOOG) Fiscal Year 2015 | |
| 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 |