10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PAYPAL HOLDINGS, INC. | |||
Ticker: PYPL Fiscal Year: 2017 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 7, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net revenues | $ 13,094 | 10,842 | 9,248 |
| Operating expenses: | |||
| Transaction expense | 4,419 | 3,346 | 2,610 |
| Transaction and loan losses | 1,011 | 1,088 | 809 |
| Customer support and operations | 1,364 | 1,267 | 1,110 |
| Sales and marketing | 1,128 | 969 | 937 |
| Product development | 953 | 834 | 792 |
| General and administrative | 1,155 | 1,028 | 873 |
| Depreciation and amortization | 805 | 724 | 608 |
| Restructuring and other charges | 132 | 0 | 48 |
| Total operating expenses | 10,967 | 9,256 | 7,787 |
| Operating income | 2,127 | 1,586 | 1,461 |
| Other income (expense), net | 73 | 45 | 27 |
| Income before income taxes | 2,200 | 1,631 | 1,488 |
| Income tax expense | 405 | 230 | 260 |
| Net income | 1,795 | 1,401 | 1,228 |
| Net income per share: | |||
| Basic (in usd per share) | 1.49 | 1.16 | 1.00 |
| Diluted (in usd per share) | 1.47 | 1.15 | 1.00 |
| Weighted average shares: | |||
| Basic (in shares) | 1,203 | 1,210 | 1,222 |
| Diluted (in shares) | 1,221 | 1,218 | 1,229 |
| External Links | |
| PAYPAL HOLDINGS, INC. (PYPL) Fiscal Year 2017 | |
| 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 |