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SEC Filings

10-K
AMAZON COM INC filed this Form 10-K on 01/30/2013
Entire Document
 


Table of Contents

The following table summarizes gross gains and gross losses realized on sales of available-for-sale marketable securities (in millions):

 

     Year Ended
December 31,
 
     2012      2011      2010  

Realized gains

   $ 20       $ 15       $ 5   

Realized losses

     10         11         4   

The following table summarizes the maturities of our cash equivalent and marketable fixed-income securities as of December 31, 2012 (in millions):

 

      Amortized
Cost
     Estimated
Fair Value
 

Due within one year

   $ 6,689       $ 6,691   

Due after one year through five years

     1,968         1,981   

Due after five years

     277         278   
  

 

 

    

 

 

 
   $ 8,934       $ 8,950   
  

 

 

    

 

 

 

Actual maturities may differ from the contractual maturities because borrowers may have certain prepayment conditions.

Note 3—PROPERTY AND EQUIPMENT

Property and equipment, at cost, consisted of the following (in millions):

 

     December 31,  
     2012      2011  

Gross Property and Equipment (1):

     

Land and buildings

   $ 2,966       $ 1,437   

Equipment and internal-use software (2)

     6,228         4,106   

Other corporate assets

     174         137   

Construction in progress

     214         106   
  

 

 

    

 

 

 

Gross property and equipment

   $ 9,582       $ 5,786   
  

 

 

    

 

 

 

Total accumulated depreciation (1)

     2,522         1,369   
  

 

 

    

 

 

 

Total property and equipment, net

   $ 7,060       $ 4,417   
  

 

 

    

 

 

 

 

(1) Excludes the original cost and accumulated depreciation of fully-depreciated assets.
(2) Includes internal-use software of $866 million and $623 million at December 31, 2012 and 2011.

In December 2012, we acquired our corporate headquarters for $1.2 billion consisting of land and 11 buildings that were previously accounted for as financing leases. The acquired building assets will be depreciated over their estimated useful lives of 40 years. We also acquired three city blocks of land for the expansion of our corporate headquarters for approximately $210 million.

Depreciation expense on property and equipment was $1.7 billion, $1.0 billion, and $552 million, which includes amortization of property and equipment acquired under capital lease obligations of $510 million, $335 million, and $164 million for 2012, 2011, and 2010. Gross assets remaining under capital leases were $2.3 billion and $1.6 billion at December 31, 2012 and 2011. Accumulated depreciation associated with capital leases was $1.1 billion and $603 million at December 31, 2012 and 2011. Cash paid for interest on capital leases was $51 million, $44 million, and $26 million for 2012, 2011, and 2010.

 

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