10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2018 | |||
Consolidated Income Statements | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 26, 2019) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Revenues | |||
| Investment banking | $ 6,482 | 6,003 | 4,933 |
| Trading | 11,551 | 11,116 | 10,209 |
| Investments | 437 | 820 | 160 |
| Commissions and fees | 4,190 | 4,061 | 4,109 |
| Asset management | 12,898 | 11,797 | 10,697 |
| Other | 743 | 848 | 825 |
| Total non-interest revenues | 36,301 | 34,645 | 30,933 |
| Interest income | 13,892 | 8,997 | 7,016 |
| Interest expense | 10,086 | 5,697 | 3,318 |
| Net interest | 3,806 | 3,300 | 3,698 |
| Net revenues | 40,107 | 37,945 | 34,631 |
| Non-interest expenses | |||
| Compensation and benefits | 17,632 | 17,166 | 15,878 |
| Occupancy and equipment | 1,391 | 1,329 | 1,308 |
| Brokerage, clearing and exchange fees | 2,393 | 2,093 | 1,920 |
| Information processing and communications | 2,016 | 1,791 | 1,787 |
| Marketing and business development | 691 | 609 | 587 |
| Professional services | 2,265 | 2,169 | 2,128 |
| Other | 2,482 | 2,385 | 2,175 |
| Total non-interest expenses | 28,870 | 27,542 | 25,783 |
| Income from continuing operations before income taxes | 11,237 | 10,403 | 8,848 |
| Provision for income taxes | 2,350 | 4,168 | 2,726 |
| Income from continuing operations | 8,887 | 6,235 | 6,122 |
| Income (loss) from discontinued operations, net of income taxes | (4) | (19) | 1 |
| Net income | 8,883 | 6,216 | 6,123 |
| Net income applicable to noncontrolling interests | 135 | 105 | 144 |
| Net income applicable to Morgan Stanley | 8,748 | 6,111 | 5,979 |
| Preferred stock dividends and other | 526 | 523 | 471 |
| Earnings applicable to Morgan Stanley common shareholders | 8,222 | 5,588 | 5,508 |
| Earnings per basic common share | |||
| Income from continuing operations | 4.81 | 3.15 | 2.98 |
| Income (loss) from discontinued operations | 0.00 | (0.01) | 0.00 |
| Earnings per basic common share | 4.81 | 3.14 | 2.98 |
| Earnings per diluted common share | |||
| Income from continuing operations | 4.73 | 3.08 | 2.92 |
| Income (loss) from discontinued operations | 0.00 | (0.01) | 0.00 |
| Earnings per diluted common share | 4.73 | 3.07 | 2.92 |
| Average common shares outstanding | |||
| Basic | 1,708 | 1,780 | 1,849 |
| Diluted | 1,738 | 1,821 | 1,887 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2018 | |||
Consolidated Comprehensive Income Statements | |||
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 | |
| Net income | $ 8,883 | 6,216 | 6,123 |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | (90) | 251 | (11) |
| Change in net unrealized gains (losses) on available-for-sale securities | (272) | 41 | (269) |
| Pension, postretirement and other | 137 | (117) | (100) |
| Change in net debt valuation adjustment | 1,517 | (588) | (296) |
| Total other comprehensive income (loss) | 1,292 | (413) | (676) |
| Comprehensive income | 10,175 | 5,803 | 5,447 |
| Net income applicable to noncontrolling interests | 135 | 105 | 144 |
| Other comprehensive income (loss) applicable to noncontrolling interests | 87 | 4 | (1) |
| Comprehensive income applicable to Morgan Stanley | 9,953 | 5,694 | 5,304 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2018 | |||
Consolidated Cash Flow Statements | |||
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 income | $ 8,883 | 6,216 | 6,123 |
| Adjustments to reconcile net income to net cash provided by (used for) operating activities: | |||
| Deferred income taxes | 449 | 2,747 | 1,579 |
| Stock-based compensation expense | 920 | 1,026 | 1,136 |
| Depreciation and amortization | 1,844 | 1,753 | 1,736 |
| (Release of) Provision for credit losses on lending activities | (15) | 29 | 144 |
| Other operating adjustments | 199 | 153 | (102) |
| Changes in assets and liabilities: | |||
| Trading assets, net of Trading liabilities | 23,732 | (27,588) | (24,079) |
| Securities borrowed | 7,697 | 1,226 | 17,180 |
| Securities loaned | (1,684) | (2,252) | (3,514) |
| Customer and other receivables and other assets | (728) | (9,315) | (371) |
| Customer and other payables and other liabilities | (13,063) | 2,007 | 1,913 |
| Securities purchased under agreements to resell | (14,264) | 17,697 | (14,298) |
| Securities sold under agreements to repurchase | (6,665) | 1,796 | 17,936 |
| Net cash provided by (used for) operating activities | 7,305 | (4,505) | 5,383 |
| Cash flows from investing activities | |||
| Other assets-Premises, equipment and software, net | (1,865) | (1,629) | (1,276) |
| Changes in loans, net | (8,794) | (12,125) | (9,604) |
| Investment securities: | |||
| Purchases | (27,800) | (23,962) | (50,911) |
| Proceeds from sales | 3,208 | 18,131 | 33,716 |
| Proceeds from paydowns and maturities | 12,668 | 7,445 | 8,367 |
| Other investing activities | (298) | (251) | 200 |
| Net cash provided by (used for) investing activities | (22,881) | (12,391) | (19,508) |
| Cash flows from financing activities | |||
| Noncontrolling interests | (130) | (83) | (96) |
| Other secured financings | (1,226) | (1,573) | 1,333 |
| Deposits | 28,384 | 3,573 | (171) |
| Proceeds from: | |||
| Issuance of preferred stock, net of issuance costs | 0 | 994 | 0 |
| Issuance of Borrowings | 40,059 | 55,416 | 43,626 |
| Payments for: | |||
| Borrowings | (34,781) | (35,825) | (31,596) |
| Repurchases of common stock and employee tax withholdings | (5,566) | (4,292) | (3,933) |
| Cash dividends | (2,375) | (2,085) | (1,746) |
| Other financing activities | (160) | 136 | (54) |
| Net cash provided by (used for) financing activities | 24,205 | 16,261 | 7,363 |
| Effect of exchange rate changes on cash and cash equivalents | (1,828) | 3,670 | (1,430) |
| Net increase (decrease) in cash and cash equivalents | 6,801 | 3,035 | (8,192) |
| Cash and cash equivalents, at beginning of period | 80,395 | 77,360 | |
| Cash and cash equivalents, at end of period | 87,196 | 80,395 | 77,360 |
| Cash and cash equivalents: | |||
| Cash and due from banks | 30,541 | 24,816 | 22,017 |
| Interest bearing deposits with banks | 21,299 | 21,348 | 21,364 |
| Restricted cash | 35,356 | 34,231 | 33,979 |
| Cash and cash equivalents, at end of period | 87,196 | 80,395 | 77,360 |
| Supplemental Disclosure of Cash Flow Information | |||
| Cash payments for interest | 9,977 | 5,377 | 2,834 |
| Cash payments for income taxes, net of refunds | 1,377 | 1,390 | 831 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MORGAN STANLEY | ||
Ticker: MS Fiscal Year: 2018 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 26, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| Assets | ||
| Cash and due from banks | $ 30,541 | 24,816 |
| Interest bearing deposits with banks | 21,299 | 21,348 |
| Restricted cash | 35,356 | 34,231 |
| Trading assets at fair value ($120,437 and $169,735 were pledged to various parties) | 266,299 | 298,282 |
| Investment securities (includes $61,061 and $55,203 at fair value) | 91,832 | 78,802 |
| Securities purchased under agreements to resell | 98,522 | 84,258 |
| Securities borrowed | 116,313 | 124,010 |
| Customer and other receivables | 53,298 | 56,187 |
| Held for investment (net of allowance of $238 and $224) | 99,815 | 92,953 |
| Held for sale | 15,764 | 11,173 |
| Goodwill | 6,688 | 6,597 |
| Intangible assets (net of accumulated amortization of $2,877 and $2,730) | 2,163 | 2,448 |
| Other assets | 15,641 | 16,628 |
| Total assets | 853,531 | 851,733 |
| Liabilities | ||
| Deposits (includes $442 and $204 at fair value) | 187,820 | 159,436 |
| Trading liabilities at fair value | 126,747 | 131,295 |
| Securities sold under agreements to repurchase (includes $812 and $800 at fair value) | 49,759 | 56,424 |
| Securities loaned | 11,908 | 13,592 |
| Other secured financings (includes $5,245 and $3,863 at fair value) | 9,466 | 11,271 |
| Customer and other payables | 179,559 | 191,510 |
| Other liabilities and accrued expenses | 17,204 | 17,157 |
| Borrowings (includes $51,184 and $46,912 at fair value) | 189,662 | 192,582 |
| Total liabilities | 772,125 | 773,267 |
| Commitments and contingent liabilities | ||
| Equity | ||
| Preferred stock | 8,520 | 8,520 |
| Common stock, $0.01 par value: Shares authorized: 3,500,000,000; Shares issued: 2,038,893,979; Shares outstanding: 1,699,828,943 and 1,788,086,805 | 20 | 20 |
| Additional paid-in capital | 23,794 | 23,545 |
| Retained earnings | 64,175 | 57,577 |
| Employee stock trusts | 2,836 | 2,907 |
| Accumulated other comprehensive income (loss) | (2,292) | (3,060) |
| Common stock held in treasury at cost, $0.01 par value (339,065,036 and 250,807,174 shares) | (13,971) | (9,211) |
| Common stock issued to employee stock trusts | (2,836) | (2,907) |
| Total Morgan Stanley shareholders' equity | 80,246 | 77,391 |
| Noncontrolling interests | 1,160 | 1,075 |
| Total equity | 81,406 | 78,466 |
| Total liabilities and equity | 853,531 | 851,733 |
| External Links | |
| MORGAN STANLEY (MS) 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 |