10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MASTERCARD INC | |||
Ticker: MA Fiscal Year: 2012 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 14, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Operating Activities | |||
| Net income | $ 2,758 | 1,904 | 1,847 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 230 | 194 | 148 |
| Share based payments | 89 | 80 | 63 |
| Stock units withheld for taxes | (42) | (33) | (126) |
| Tax benefit for share based compensation | (47) | (12) | (85) |
| Deferred income taxes | 241 | (175) | 248 |
| Other | 53 | 19 | 41 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (121) | (162) | (115) |
| Income taxes receivable | (185) | 0 | (50) |
| Settlement due from customers | (500) | (114) | (61) |
| Prepaid expenses | (81) | 27 | (48) |
| Obligations under litigation settlements | 0 | (303) | (603) |
| Accrued litigation | (44) | 770 | 0 |
| Accounts payable | (2) | 67 | (19) |
| Settlement due to customers | 348 | 74 | 186 |
| Accrued expenses | 221 | 296 | 265 |
| Net change in other assets and liabilities | 30 | 52 | 6 |
| Net cash provided by operating activities | 2,948 | 2,684 | 1,697 |
| Investing Activities | |||
| Increase in restricted cash for litigation settlement | (726) | 0 | 0 |
| Acquisition of businesses, net of cash acquired | (70) | (460) | (498) |
| Purchases of property, plant and equipment | (96) | (77) | (61) |
| Capitalized software | (122) | (100) | (90) |
| Purchases of investment securities available-for-sale | (2,981) | (899) | (329) |
| Proceeds from sales of investment securities available-for-sale | 390 | 485 | 297 |
| Proceeds from maturities of investment securities available-for-sale | 891 | 63 | 110 |
| Proceeds from maturities of investment securities held-to-maturity | 0 | 300 | 0 |
| Investment in nonmarketable equity investments | (118) | (74) | (67) |
| Other investing activities | (7) | 14 | (3) |
| Net cash used in investing activities | (2,839) | (748) | (641) |
| Financing Activities | |||
| Purchases of treasury stock | (1,748) | (1,148) | 0 |
| Dividends paid | (132) | (77) | (79) |
| Payment of debt | 0 | (21) | 0 |
| Tax benefit for share based compensation | 47 | 12 | 85 |
| Cash proceeds from exercise of stock options | 31 | 19 | 11 |
| Other financing activities | 4 | 0 | 2 |
| Net cash (used in) provided by financing activities | (1,798) | (1,215) | 19 |
| Effect of exchange rate changes on cash and cash equivalents | 7 | (54) | (63) |
| Net (decrease) increase in cash and cash equivalents | (1,682) | 667 | 1,012 |
| Cash and cash equivalents - beginning of period | 3,734 | 3,067 | |
| Cash and cash equivalents - end of period | 2,052 | 3,734 | 3,067 |
| External Links | |
| MASTERCARD INC (MA) Fiscal Year 2012 | |
| 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 |