10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOLDMAN SACHS GROUP INC | |||
Ticker: GS Fiscal Year: 2018 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 26, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Cash flows from operating activities | |||
| Net earnings | $ 10,459 | 4,286 | 7,398 |
| Adjustments to reconcile net earnings to net cash provided by/(used for) operating activities: | |||
| Depreciation and amortization | 1,328 | 1,152 | 998 |
| Deferred income taxes | (2,645) | 5,458 | 551 |
| Share-based compensation | 1,831 | 1,769 | 2,111 |
| Loss/(gain) related to extinguishment of unsecured borrowings | (160) | (114) | 3 |
| Provision for credit losses | 674 | 657 | 182 |
| Changes in operating assets and liabilities: | |||
| Customer and other receivables and payables, net | 7,186 | (30,136) | (14,723) |
| Collateralized transactions (excluding other secured financings), net | 28,147 | 10,025 | 78 |
| Financial instruments owned (excluding available-for-sale securities) | (23,381) | (11,843) | 13,662 |
| Financial instruments sold, but not yet purchased | (3,670) | (5,296) | 1,960 |
| Other, net | 652 | 5,815 | (5,726) |
| Net cash provided by/(used for) operating activities | 20,421 | (18,227) | 6,494 |
| Cash flows from investing activities | |||
| Purchase of property, leasehold improvements and equipment | (7,982) | (3,184) | (2,865) |
| Proceeds from sales of property, leasehold improvements and equipment | 3,711 | 574 | 381 |
| Net cash acquired in/(used for) business acquisitions | (162) | (2,383) | 14,922 |
| Purchase of investments | (3,790) | (9,853) | |
| Proceeds from sales and paydowns of investments | 411 | 2,900 | 1,517 |
| Loans receivable, net | (14,865) | (16,693) | (4,280) |
| Net cash provided by/(used for) investing activities | (22,677) | (28,639) | 9,675 |
| Cash flows from financing activities | |||
| Unsecured short-term borrowings, net | 2,337 | (501) | (1,506) |
| Other secured financings (short-term), net | 586 | (405) | (808) |
| Proceeds from issuance of other secured financings (long-term) | 4,996 | 7,401 | 4,186 |
| Repayment of other secured financings (long-term), including the current portion | (9,482) | (4,726) | (7,375) |
| Purchase of APEX, senior guaranteed securities and trust preferred securities | (35) | (237) | (1,171) |
| Proceeds from issuance of unsecured long-term borrowings | 45,927 | 58,347 | 50,763 |
| Repayment of unsecured long-term borrowings, including the current portion | (37,243) | (30,748) | (36,556) |
| Derivative contracts with a financing element, net | 2,294 | 1,684 | 2,115 |
| Deposits, net | 20,206 | 14,506 | 10,058 |
| Preferred stock redemption | (650) | (850) | |
| Common stock repurchased | (3,294) | (6,772) | (6,078) |
| Settlement of share-based awards in satisfaction of withholding tax requirements | (1,118) | (2,223) | (1,128) |
| Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards | (1,810) | (1,769) | (1,706) |
| Proceeds from issuance of preferred stock, net of issuance costs | 1,495 | 1,303 | |
| Proceeds from issuance of common stock, including exercise of share-based awards | 38 | 7 | 6 |
| Cash settlement of share-based awards | (3) | ||
| Net cash provided by/(used for) financing activities | 22,752 | 35,206 | 12,103 |
| Net increase/(decrease) in cash and cash equivalents | 20,496 | (11,660) | 28,272 |
| Cash and cash equivalents, beginning balance | 110,051 | 121,711 | |
| Cash and cash equivalents, ending balance | 130,547 | 110,051 | 121,711 |
| External Links | |
| GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2018 | |
| 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 |