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: 2012 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 26, 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 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net income | $ 716 | 4,645 | 5,702 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Deferred income taxes | (639) | 413 | (129) |
| Loss on equity method investees | 23 | 995 | 37 |
| Compensation payable in common stock and options | 891 | 1,300 | 1,260 |
| Depreciation and amortization | 1,581 | 1,404 | 1,419 |
| Gain on business dispositions | (156) | (24) | (570) |
| Gain on sale of stake in China International Capital Corporation Limited | 0 | 0 | (668) |
| Gains on curtailments of pension and postretirement plans | 0 | 0 | (54) |
| Gain on sale of securities available for sale | (78) | (143) | (102) |
| (Gain) loss on retirement of long-term debt | (29) | (155) | 27 |
| Insurance reimbursement | 0 | 0 | (76) |
| Loss on Revel | 0 | 0 | 1,190 |
| Impairment charges and other-than-temporary impairment charges | 271 | 159 | 201 |
| Provision for lending activities | 155 | (113) | 0 |
| Changes in assets and liabilities: | |||
| Cash deposited with clearing organizations or segregated under federal and other regulations or requirements | (1,516) | (10,274) | 4,532 |
| Financial instruments owned, net of financial instruments sold, not yet purchased | 6,389 | 29,913 | 16,400 |
| Securities borrowed | 5,373 | 11,656 | 28,771 |
| Securities loaned | 6,387 | 1,368 | 2,848 |
| Receivables, and other assets | (10,200) | 6,433 | (6,492) |
| Payables and other liabilities | (1,283) | (6,985) | 697 |
| Federal funds sold and securities purchased under agreements to resell | (4,257) | 18,098 | (5,045) |
| Securities sold under agreements to repurchase | 20,920 | (42,798) | (9,334) |
| Net cash provided by operating activities | 24,548 | 15,892 | 40,614 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Net proceeds from (payments for): | |||
| Premises, equipment and software costs | (1,312) | (1,304) | (1,201) |
| Business acquisitions, net of cash acquired | 0 | 0 | (1,042) |
| Business dispositions, net of cash disposed | 1,725 | 0 | 840 |
| Sale of stake in China International Capital Corporation Limited | 0 | 0 | 989 |
| Japanese securities joint venture with MUFG | 0 | (129) | 247 |
| Loans | (3,486) | (9,208) | (307) |
| Purchases of securities available for sale | (24,477) | (20,601) | (29,989) |
| Sales, maturities and redemptions of securities available for sale | 15,136 | 19,998 | 999 |
| Net cash provided by (used for) investing activities | (12,414) | (11,244) | (29,464) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Net proceeds from (payments for): | |||
| Commercial paper and other short-term borrowings | (705) | (413) | 878 |
| Distributions related to noncontrolling interests | (296) | (791) | (332) |
| Derivatives financing activities | 118 | (3) | (85) |
| Other secured financings | (6,628) | 1,867 | (751) |
| Deposits | 17,604 | 1,850 | 1,597 |
| Net proceeds from: | |||
| Excess tax benefits associated with stock-based awards | 42 | 0 | 5 |
| Public offerings and other issuances of common stock | 0 | 0 | 5,581 |
| Issuance of long-term borrowings | 23,646 | 32,725 | 32,523 |
| Payments for: | |||
| Long-term borrowings | (43,092) | (39,232) | (28,201) |
| Redemption of junior subordinated debentures related to China Investment Corporation Limited | 0 | 0 | (5,579) |
| Repurchases of common stock for employee tax withholding | (227) | (317) | (317) |
| Purchase of additional stake in the Wealth Management Joint Venture from Citi | (1,890) | 0 | 0 |
| Cash dividends | (469) | (834) | (1,156) |
| Net cash provided by (used for) financing activities | (11,897) | (5,148) | 4,163 |
| Effect of exchange rate changes on cash and cash equivalents | (119) | (314) | 14 |
| Effect of cash and cash equivalents related to variable interest entities | (526) | 511 | 297 |
| Net increase (decrease) in cash and cash equivalents | (408) | (303) | 15,624 |
| Cash and cash equivalents, at beginning of period | 47,312 | 47,615 | |
| Cash and cash equivalents, at end of period | 46,904 | 47,312 | 47,615 |
| Cash and cash equivalents include: | |||
| Cash and due from banks | 20,878 | 13,165 | 7,341 |
| Interest bearing deposits with banks | 26,026 | 34,147 | 40,274 |
| Cash and cash equivalents, at end of period | 46,904 | 47,312 | 47,615 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | |||
| Cash payments for interest | 5,213 | 6,835 | 5,891 |
| Cash payments for income taxes | 388 | 892 | 1,091 |
| External Links | |
| MORGAN STANLEY (MS) 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 |