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: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 14, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating Activities | |||
| Net income | $ 3,116 | 2,759 | 1,906 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 258 | 230 | 194 |
| Share-based payments | 63 | 0 | 35 |
| Deferred income taxes | (119) | 241 | (175) |
| Other | 67 | 52 | 17 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (42) | (121) | (162) |
| Income taxes receivable | 153 | (185) | 0 |
| Settlement due from customers | (194) | (500) | (114) |
| Prepaid expenses | (70) | (81) | 27 |
| Accrued litigation and legal settlements | 160 | (44) | 467 |
| Accounts payable | (20) | (2) | 67 |
| Settlement due to customers | 322 | 348 | 74 |
| Accrued expenses | 315 | 221 | 296 |
| Net change in other assets and liabilities | 126 | 30 | 52 |
| Net cash provided by operating activities | 4,135 | 2,948 | 2,684 |
| Investing Activities | |||
| Purchases of investment securities available-for-sale | (2,526) | (2,981) | (899) |
| Proceeds from sales of investment securities available-for-sale | 1,488 | 390 | 485 |
| Proceeds from maturities of investment securities available-for-sale | 1,321 | 891 | 63 |
| Purchases of property, plant and equipment | (155) | (96) | (77) |
| Capitalized software | (144) | (122) | (100) |
| Proceeds from maturities of investment securities held-to-maturity | 36 | 0 | 300 |
| Investment in nonmarketable equity investments | (20) | (118) | (74) |
| Decrease (increase) in restricted cash for litigation settlement | 3 | (726) | 0 |
| Acquisition of businesses, net of cash acquired | 0 | (70) | (460) |
| Other investing activities | (7) | (7) | 14 |
| Net cash used in investing activities | (4) | (2,839) | (748) |
| Financing Activities | |||
| Purchases of treasury stock | (2,443) | (1,748) | (1,148) |
| Dividends paid | (255) | (132) | (77) |
| Proceeds from debt | 35 | 0 | 0 |
| Cash proceeds from exercise of stock options | 26 | 31 | 19 |
| Tax benefit for share-based compensation | 19 | 47 | 12 |
| Other financing activities | (11) | 4 | (21) |
| Net cash used in financing activities | (2,629) | (1,798) | (1,215) |
| Effect of exchange rate changes on cash and cash equivalents | 45 | 7 | (54) |
| Net increase (decrease) in cash and cash equivalents | 1,547 | (1,682) | 667 |
| Cash and cash equivalents - beginning of period | 2,052 | 3,734 | |
| Cash and cash equivalents - end of period | 3,599 | 2,052 | 3,734 |
| External Links | |
| MASTERCARD INC (MA) Fiscal Year 2013 | |
| 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 |