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: 2011 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net income | $ 4,645 | 5,702 | 1,406 |
| Adjustments to reconcile net income to net cash provided by (used for) operating activities: | |||
| Deferred income taxes | 413 | (129) | (932) |
| Loss on equity method investees | 995 | 37 | 49 |
| Compensation payable in common stock and options | 1,300 | 1,260 | 1,265 |
| Depreciation and amortization | 1,404 | 1,419 | 1,224 |
| Gain on business dispositions | (24) | (570) | (606) |
| Gain on sale of stake in China International Capital Corporation Limited | 0 | (668) | 0 |
| Gains on curtailments of pension and postretirement plans | 0 | (54) | 0 |
| Gain on sale of securities available for sale | (143) | (102) | 0 |
| (Gain) loss on retirement of long-term debt | (155) | 27 | (491) |
| Insurance reimbursement | 0 | (76) | 0 |
| Loss on assets held for sale | 0 | 1,190 | 0 |
| Impairment charges and other-than-temporary impairment charges | 159 | 201 | 823 |
| Changes in assets and liabilities: | |||
| Cash deposited with clearing organizations or segregated under federal and other regulations or requirements | (10,274) | 4,532 | 211 |
| Financial instruments owned, net of financial instruments sold, not yet purchased | 25,484 | 19,169 | (26,130) |
| Securities borrowed | 11,656 | 28,771 | (79,449) |
| Securities loaned | 1,368 | 2,848 | 11,666 |
| Receivables, loans and other assets | 1,519 | (9,568) | (2,445) |
| Payables and other liabilities | (6,963) | 697 | 769 |
| Federal funds sold and securities purchased under agreements to resell | 18,098 | (5,045) | (20,499) |
| Securities sold under agreements to repurchase | (42,798) | (9,334) | 67,188 |
| Net cash provided by (used for) operating activities | 6,684 | 40,307 | (45,951) |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Net proceeds from (payments for): | |||
| Premises, equipment and software costs | (1,304) | (1,201) | (2,877) |
| Business acquisitions, net of cash acquired | 0 | (1,042) | (2,160) |
| Business dispositions, net of cash disposed | 0 | 840 | 565 |
| Sale of stake in China International Capital Corporation Limited | 0 | 989 | 0 |
| Japanese securities joint venture with MUFG | (129) | 247 | 0 |
| Purchases of securities available for sale | (20,601) | (29,989) | 0 |
| Sales, maturities and redemptions of securities available for sale | 19,998 | 999 | 0 |
| Net cash provided by (used for) investing activities | (2,036) | (29,157) | (4,472) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Net proceeds from (payments for): | |||
| Commercial paper and other short-term borrowings | (413) | 878 | (7,724) |
| Distributions related to noncontrolling interests | (791) | (332) | 0 |
| Derivatives financing activities | (3) | (85) | (85) |
| Other secured financings | 1,867 | (751) | (4,437) |
| Deposits | 1,850 | 1,597 | 10,860 |
| Net proceeds from: | |||
| Excess tax benefits associated with stock-based awards | 0 | 5 | 102 |
| Public offerings and other issuances of common stock | 0 | 5,581 | 6,255 |
| Issuance of long-term borrowings | 32,725 | 32,523 | 43,960 |
| Payments for: | |||
| Long-term borrowings | (39,232) | (28,201) | (33,175) |
| Series D Preferred Stock and Warrant | 0 | 0 | (10,950) |
| Redemption of junior subordinated debentures related to China Investment Corporation Ltd. | 0 | (5,579) | 0 |
| Repurchases of common stock for employee tax withholding | (317) | (317) | (50) |
| Cash dividends | (834) | (1,156) | (1,732) |
| Net cash provided by (used for) financing activities | (5,148) | 4,163 | 3,024 |
| Effect of exchange rate changes on cash and cash equivalents | (314) | 14 | 720 |
| Effect of cash and cash equivalents related to variable interest entities | 511 | 297 | 0 |
| Net increase in cash and cash equivalents | (303) | 15,624 | (46,679) |
| Cash and cash equivalents, at beginning of period | 47,615 | 31,991 | |
| Cash and cash equivalents, at end of period | 47,312 | 47,615 | 31,991 |
| Cash and cash equivalents include: | |||
| Cash and due from banks | 13,165 | 7,341 | 6,988 |
| Interest bearing deposits with banks | 34,147 | 40,274 | 25,003 |
| Cash and cash equivalents, at end of period | 47,312 | 47,615 | 31,991 |
| External Links | |
| MORGAN STANLEY (MS) Fiscal Year 2011 | |
| 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 |