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SEC Filings

10-K
AMAZON COM INC filed this Form 10-K on 01/30/2013
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Table of Contents

AMAZON.COM, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions)

 

     Year Ended December 31,  
     2012     2011     2010  

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD

   $ 5,269      $ 3,777      $ 3,444   

OPERATING ACTIVITIES:

      

Net income (loss)

     (39     631        1,152   

Adjustments to reconcile net income (loss) to net cash from operating activities:

      

Depreciation of property and equipment, including internal-use software and website development, and other amortization

     2,159        1,083        568   

Stock-based compensation

     833        557        424   

Other operating expense (income), net

     154        154        106   

Losses (gains) on sales of marketable securities, net

     (9     (4     (2

Other expense (income), net

     253        (56     (79

Deferred income taxes

     (265     136        4   

Excess tax benefits from stock-based compensation

     (429     (62     (259

Changes in operating assets and liabilities:

      

Inventories

     (999     (1,777     (1,019

Accounts receivable, net and other

     (861     (866     (295

Accounts payable

     2,070        2,997        2,373   

Accrued expenses and other

     1,038        1,067        740   

Additions to unearned revenue

     1,796        1,064        687   

Amortization of previously unearned revenue

     (1,521     (1,021     (905
  

 

 

   

 

 

   

 

 

 

Net cash provided by (used in) operating activities

     4,180        3,903        3,495   

INVESTING ACTIVITIES:

      

Purchases of property and equipment, including internal-use software and website development

     (3,785     (1,811     (979

Acquisitions, net of cash acquired, and other

     (745     (705     (352

Sales and maturities of marketable securities and other investments

     4,237        6,843        4,250   

Purchases of marketable securities and other investments

     (3,302     (6,257     (6,279
  

 

 

   

 

 

   

 

 

 

Net cash provided by (used in) investing activities

     (3,595     (1,930     (3,360

FINANCING ACTIVITIES:

      

Excess tax benefits from stock-based compensation

     429        62        259   

Common stock repurchased

     (960     (277     —     

Proceeds from long-term debt and other

     3,378        177        143   

Repayments of long-term debt, capital lease, and finance lease obligations

     (588     (444     (221
  

 

 

   

 

 

   

 

 

 

Net cash provided by (used in) financing activities

     2,259        (482     181   

Foreign-currency effect on cash and cash equivalents

     (29     1        17   
  

 

 

   

 

 

   

 

 

 

Net increase (decrease) in cash and cash equivalents

     2,815        1,492        333   
  

 

 

   

 

 

   

 

 

 

CASH AND CASH EQUIVALENTS, END OF PERIOD

   $ 8,084      $ 5,269      $ 3,777   
  

 

 

   

 

 

   

 

 

 

SUPPLEMENTAL CASH FLOW INFORMATION:

      

Cash paid for interest on long-term debt

   $ 31      $ 14      $ 11   

Cash paid for income taxes (net of refunds)

     112        33        75   

Property and equipment acquired under capital leases

     802        753        405   

Property and equipment acquired under build-to-suit leases

     29        259        172   

See accompanying notes to consolidated financial statements.

 

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