10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
S&P GLOBAL INC. | |||
Ticker: SPGI Fiscal Year: 2012 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2012 10-K/A (Amendment Filed: Mar 20, 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 | |
| Operating Activities: | |||
| Net income (loss) | $ 492 | 934 | 851 |
| (Loss) Income from discontinued operations | (234) | 308 | 252 |
| Income from continuing operations | 726 | 626 | 599 |
| Adjustments to reconcile net income to cash provided by operating activities: | |||
| Depreciation (including amortization of technology projects) | 93 | 93 | 87 |
| Amortization of intangibles | 48 | 33 | 21 |
| Provision for losses on accounts receivable | 32 | 6 | 13 |
| Deferred income taxes | 53 | 17 | 33 |
| Stock-based compensation | 93 | 77 | 51 |
| (Gain) loss on dispositions | 0 | (13) | (7) |
| Other | 16 | 63 | 33 |
| Changes in operating assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (239) | 14 | (73) |
| Prepaid and other current assets | 3 | (16) | (8) |
| Accounts payable and accrued expenses | 60 | (29) | 100 |
| Unearned revenue | 17 | 44 | 57 |
| Other current liabilities | (70) | (52) | (16) |
| Net change in prepaid/accrued income taxes | 119 | 55 | (47) |
| Net change in other assets and liabilities | (204) | 6 | (139) |
| Cash provided by operating activities | 747 | 924 | 704 |
| Investing Activities: | |||
| Capital expenditures | (97) | (92) | (86) |
| Acquisitions, net of cash acquired | (177) | (194) | (327) |
| Proceeds from dispositions of property and equipment | 0 | 21 | 25 |
| Changes in short-term investments | 27 | (6) | 2 |
| Cash used for investing activities | (247) | (271) | (386) |
| Financing Activities: | |||
| Additions to short-term debt | 457 | 0 | 0 |
| Payments on senior notes | (400) | 0 | 0 |
| Dividends paid to shareholders | (984) | (296) | (292) [1] |
| Dividends paid to noncontrolling interests | (24) | (23) | (34) |
| Repurchase of treasury shares | (295) | (1,500) | (256) |
| Exercise of stock options | 299 | 139 | 50 |
| Excess tax benefits from share-based payments | 42 | 20 | 2 |
| Cash used for financing activities | (905) | (1,660) | (530) |
| Effect of exchange rate changes on cash from continuing operations | 5 | (10) | (15) |
| Cash used for continuing operations | (400) | (1,017) | (227) |
| Cash provided by operating activities | 520 | 420 | 753 |
| Cash (used for) provided by investing activities | (198) | 25 | (212) |
| Cash used for financing activities | (12) | (4) | (3) |
| Effect of exchange rate changes on cash | 3 | (5) | 4 |
| Effect of change in cash and equivalents | 12 | 0 | (17) |
| Cash provided by discontinued operations | 325 | 436 | 525 |
| Net change in cash and equivalents | (75) | (581) | 298 |
| Cash and equivalents at beginning of period | 835 | 1,416 | |
| Cash and equivalents at end of period | 760 | 835 | 1,416 |
| Supplemental Cash Flow Data: | |||
| Interest (including discontinued operations) | 77 | 71 | 71 |
| Income taxes (including discontinued operations) | 243 | 452 | 410 |
| [1] Average price paid per share information does not include the accelerated share repurchase transaction as discussed in more detail below. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
S&P GLOBAL INC. | |||
Ticker: SPGI Fiscal Year: 2012 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Superseded Filed: Feb 28, 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 | |
| Operating Activities: | |||
| Net income (loss) | $ 492 | 934 | 851 |
| (Loss) Income from discontinued operations | (234) | 308 | 252 |
| Income from continuing operations | 726 | 626 | 599 |
| Adjustments to reconcile net income to cash provided by operating activities: | |||
| Depreciation (including amortization of technology projects) | 93 | 93 | 87 |
| Amortization of intangibles | 48 | 33 | 21 |
| Provision for losses on accounts receivable | 32 | 6 | 13 |
| Deferred income taxes | 53 | 17 | 33 |
| Stock-based compensation | 93 | 77 | 51 |
| (Gain) loss on dispositions | 0 | (13) | (7) |
| Other | 16 | 63 | 33 |
| Changes in operating assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (239) | 14 | (73) |
| Prepaid and other current assets | 3 | (16) | (8) |
| Accounts payable and accrued expenses | 60 | (29) | 100 |
| Unearned revenue | 17 | 44 | 57 |
| Other current liabilities | (70) | (52) | (16) |
| Net change in prepaid/accrued income taxes | 119 | 55 | (47) |
| Net change in other assets and liabilities | (204) | 6 | (139) |
| Cash provided by operating activities | 747 | 924 | 704 |
| Investing Activities: | |||
| Capital expenditures | (97) | (92) | (86) |
| Acquisitions, net of cash acquired | (177) | (194) | (327) |
| Proceeds from dispositions of property and equipment | 0 | 21 | 25 |
| Changes in short-term investments | 27 | (6) | 2 |
| Cash used for investing activities | (247) | (271) | (386) |
| Financing Activities: | |||
| Additions to short-term debt | 457 | 0 | 0 |
| Payments on senior notes | (400) | 0 | 0 |
| Dividends paid to shareholders | (984) | (296) | (292) |
| Dividends paid to noncontrolling interests | (24) | (23) | (34) |
| Repurchase of treasury shares | (295) | (1,500) | (256) |
| Exercise of stock options | 299 | 139 | 50 |
| Excess tax benefits from share-based payments | 42 | 20 | 2 |
| Cash used for financing activities | (905) | (1,660) | (530) |
| Effect of exchange rate changes on cash from continuing operations | 5 | (10) | (15) |
| Cash used for continuing operations | (400) | (1,017) | (227) |
| Cash provided by operating activities | 520 | 420 | 753 |
| Cash (used for) provided by investing activities | (198) | 25 | (212) |
| Cash used for financing activities | (12) | (4) | (3) |
| Effect of exchange rate changes on cash | 3 | (5) | 4 |
| Effect of change in cash and equivalents | 12 | 0 | (17) |
| Cash provided by discontinued operations | 325 | 436 | 525 |
| Net change in cash and equivalents | (75) | (581) | 298 |
| Cash and equivalents at beginning of period | 835 | 1,416 | |
| Cash and equivalents at end of period | 760 | 835 | 1,416 |
| Supplemental Cash Flow Data: | |||
| Interest (including discontinued operations) | 77 | 71 | 71 |
| Income taxes (including discontinued operations) | 243 | 452 | 410 |
| External Links | |
| S&P GLOBAL INC. (SPGI) 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 |