10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 3, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Revenues | $ 90,272 | 74,989 | 66,001 |
| Costs and expenses: | |||
| Cost of revenues | 35,138 | 28,164 | 25,691 |
| Research and development | 13,948 | 12,282 | 9,832 |
| Sales and marketing | 10,485 | 9,047 | 8,131 |
| General and administrative | 6,985 | 6,136 | 5,851 |
| Total costs and expenses | 66,556 | 55,629 | 49,505 |
| Income from operations | 23,716 | 19,360 | 16,496 |
| Other income (expense), net | 434 | 291 | 763 |
| Income before income taxes | 24,150 | 19,651 | 17,259 |
| Provision for income taxes | 4,672 | 3,303 | 3,639 |
| Net income from continuing operations | 19,478 | 16,348 | 13,620 |
| Net income from discontinued operations | 0 | 0 | 516 |
| Net income | 19,478 | 16,348 | 14,136 |
| Less: Adjustment Payment to Class C capital stockholders | 0 | 522 | 0 |
| Net income available to all stockholders | 19,478 | 15,826 | 14,136 |
| Net income per share of Class A and Class B common stock and Class C capital stock - basic: | |||
| Net income per share of Class A and Class B common stock and Class C capital stock - diluted: | |||
| Class of Stock | |||
| Common Class A and Common Class B | |||
| Continuing operations (in USD per share) | 28.32 | 23.11 | 20.15 |
| Discontinued operations (in USD per share) | 0.00 | 0.00 | 0.76 |
| Net income per share - basic (in USD per share) | 28.32 | 23.11 | 20.91 |
| Continuing operations (in USD per share) | 27.85 | 22.84 | 19.82 |
| Discontinued operations (in USD per share) | 0.00 | 0.00 | 0.75 |
| Net income per share - diluted (in USD per share) | 27.85 | 22.84 | 20.57 |
| Class C Capital Stock | |||
| Net income from continuing operations | 9,762 | 7,935 | 6,813 |
| Net income from discontinued operations | 258 | ||
| Less: Adjustment Payment to Class C capital stockholders | (522) | ||
| Net income available to all stockholders | 8,457 | 7,071 | |
| Continuing operations (in USD per share) | 28.32 | 24.63 | 20.15 |
| Discontinued operations (in USD per share) | 0.00 | 0.00 | 0.76 |
| Net income per share - basic (in USD per share) | 28.32 | 24.63 | 20.91 |
| Continuing operations (in USD per share) | 27.85 | 24.34 | 19.82 |
| Discontinued operations (in USD per share) | 0.00 | 0.00 | 0.75 |
| Net income per share - diluted (in USD per share) | 27.85 | 24.34 | 20.57 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 3, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Net income | $ 19,478 | 16,348 | 14,136 |
| Other comprehensive (loss) income: | |||
| Change in foreign currency translation adjustment | (599) | (1,067) | (996) |
| Available-for-sale investments: | |||
| Change in net unrealized gains (losses) | (314) | (715) | 505 |
| Less: reclassification adjustment for net (gains) losses included in net income | 221 | 208 | (134) |
| Net change (net of tax effect of $60, $29, and $0) | (93) | (507) | 371 |
| Cash flow hedges: | |||
| Change in net unrealized gains (losses) | 515 | 676 | 651 |
| Less: reclassification adjustment for net (gains) losses included in net income | (351) | (1,003) | (124) |
| Net change (net of tax effect of $196, $115, and $64) | 164 | (327) | 527 |
| Other comprehensive (loss) income | (528) | (1,901) | (98) |
| Comprehensive income | 18,950 | 14,447 | 14,038 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALPHABET INC. | |||
Ticker: GOOG Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 3, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Operating activities | |||
| Net income | $ 19,478 | 16,348 | 14,136 |
| Adjustments: | |||
| Depreciation and impairment of property and equipment | 5,267 | 4,132 | 3,523 |
| Amortization and impairment of intangible assets | 877 | 931 | 1,456 |
| Stock-based compensation expense | 6,703 | 5,203 | 4,279 |
| Deferred income taxes | (38) | (179) | (104) |
| Gain on divestiture of business | 0 | 0 | (740) |
| (Gain) loss on marketable and non-marketable investments, net | 275 | 334 | (390) |
| Other | 174 | 212 | 192 |
| Changes in assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (2,578) | (2,094) | (1,641) |
| Income taxes, net | 3,125 | (179) | 591 |
| Prepaid revenue share, expenses and other assets | 312 | (318) | 459 |
| Accounts payable | 110 | 203 | 436 |
| Accrued expenses and other liabilities | 1,515 | 1,597 | 757 |
| Accrued revenue share | 593 | 339 | 245 |
| Deferred revenue | 223 | 43 | (175) |
| Net cash provided by operating activities | 36,036 | 26,572 | 23,024 |
| Investing activities | |||
| Purchases of property and equipment | (10,212) | (9,950) | (11,014) |
| Proceeds from disposals of property and equipment | 240 | 35 | 55 |
| Purchases of marketable securities | (84,509) | (74,368) | (56,310) |
| Maturities and sales of marketable securities | 66,895 | 62,905 | 51,315 |
| Purchases of non-marketable investments | (1,109) | (2,326) | (1,440) |
| Maturities and sales of non-marketable investments | 494 | 154 | 213 |
| Cash collateral related to securities lending | (2,428) | (350) | 1,403 |
| Investments in reverse repurchase agreements | 450 | 425 | (775) |
| Proceeds from divestiture of business | 0 | 0 | 386 |
| Acquisitions, net of cash acquired, and purchases of intangible assets | (986) | (236) | (4,888) |
| Net cash used in investing activities | (31,165) | (23,711) | (21,055) |
| Financing activities | |||
| Net payments related to stock-based award activities | (3,304) | (2,375) | (2,069) |
| Adjustment Payment to Class C capital stockholders | 0 | (47) | 0 |
| Repurchases of capital stock | (3,693) | (1,780) | 0 |
| Proceeds from issuance of debt, net of costs | 8,729 | 13,705 | 11,625 |
| Repayments of debt | (10,064) | (13,728) | (11,643) |
| Net cash used in financing activities | (8,332) | (4,225) | (2,087) |
| Effect of exchange rate changes on cash and cash equivalents | (170) | (434) | (433) |
| Net decrease in cash and cash equivalents | (3,631) | (1,798) | (551) |
| Cash and cash equivalents at beginning of period | 16,549 | 18,347 | |
| Cash and cash equivalents at end of period | 12,918 | 16,549 | 18,347 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for taxes, net of refunds | 1,643 | 3,651 | 3,138 |
| Cash paid for interest | 84 | 96 | 86 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ALPHABET INC. | ||
Ticker: GOOG Fiscal Year: 2016 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 3, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 12,918 | 16,549 |
| Marketable securities | 73,415 | 56,517 |
| Total cash, cash equivalents, and marketable securities (including securities loaned of $4,531 and $0) | 86,333 | 73,066 |
| Accounts receivable, net of allowance of $296 and $467 | 14,137 | 11,556 |
| Receivable under reverse repurchase agreements | 0 | 450 |
| Income taxes receivable, net | 95 | 1,903 |
| Inventory | 268 | 491 |
| Prepaid revenue share, expenses and other assets | 4,575 | 2,648 |
| Total current assets | 105,408 | 90,114 |
| Prepaid revenue share, expenses and other assets, non-current | 1,819 | 3,181 |
| Non-marketable investments | 5,878 | 5,183 |
| Deferred income taxes | 383 | 251 |
| Property and equipment, net | 34,234 | 29,016 |
| Intangible assets, net | 3,307 | 3,847 |
| Goodwill | 16,468 | 15,869 |
| Total assets | 167,497 | 147,461 |
| Liabilities and Stockholders Equity | ||
| Current liabilities: | ||
| Accounts payable | 2,041 | 1,931 |
| Short-term debt | 0 | 3,225 |
| Accrued compensation and benefits | 3,976 | 3,539 |
| Accrued expenses and other current liabilities | 6,144 | 4,768 |
| Accrued revenue share | 2,942 | 2,329 |
| Securities lending payable | 0 | 2,428 |
| Deferred revenue | 1,099 | 788 |
| Income taxes payable, net | 554 | 302 |
| Total current liabilities | 16,756 | 19,310 |
| Long-term debt | 3,935 | 1,995 |
| Deferred revenue, non-current | 202 | 151 |
| Income taxes payable, non-current | 4,677 | 3,663 |
| Deferred income taxes | 226 | 189 |
| Other long-term liabilities | 2,665 | 1,822 |
| Total liabilities | 28,461 | 27,130 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders equity: | ||
| Convertible preferred stock, $0.001 par value per share, 100,000 shares authorized; no shares issued and outstanding | 0 | 0 |
| Class A and Class B common stock, and Class C capital stock and additional paid-in capital, $0.001 par value per share: 15,000,000 shares authorized (Class A 9,000,000, Class B 3,000,000, Class C 3,000,000); 687,348 (Class A 292,297, Class B 50,295, Class C 344,756) and 691,293 (Class A 296,992, Class B 47,437, Class C 346,864) shares issued and outstanding | 36,307 | 32,982 |
| Accumulated other comprehensive loss | (2,402) | (1,874) |
| Retained earnings | 105,131 | 89,223 |
| Total stockholders equity | 139,036 | 120,331 |
| Total liabilities and stockholders equity | 167,497 | 147,461 |
| External Links | |
| ALPHABET INC. (GOOG) 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 |