Emc Corp (EMC) Financial Statements (2024 and earlier)
Company Profile
Business Address |
176 SOUTH STREET HOPKINTON, MA 01748-9103 |
State of Incorp. | MA |
Fiscal Year End | December 31 |
Industry (SIC) | 3572 - Computer Storage Devices (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
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ASSETS | |||||||
Current Assets | |||||||
Cash, cash equivalents, and short-term investments, including: | 14,783 | 14,655 | 17,588 | 11,396 | |||
Cash and cash equivalents | 6,549 | 6,343 | 7,891 | 4,754 | |||
Short-term investments | 2,726 | 1,978 | 2,773 | 1,413 | |||
Other undisclosed cash, cash equivalents, and short-term investments | 5,508 | 6,334 | 6,924 | 5,229 | |||
Receivables | 3,977 | 4,413 | 3,861 | 3,433 | |||
Inventory, net of allowances, customer advances and progress billings | 1,245 | 1,276 | 1,334 | 1,201 | |||
Inventory | 1,245 | 1,276 | 1,334 | 1,201 | |||
Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 465 | ||
Other current assets | 566 | 653 | 507 | ✕ | |||
Other undisclosed current assets | (5,508) | (5,264) | (6,012) | (4,287) | |||
Total current assets: | 15,063 | 15,733 | 17,278 | 12,209 | |||
Noncurrent Assets | |||||||
Property, plant and equipment | 3,850 | 3,766 | 3,478 | 3,145 | |||
Long-term investments and receivables | 5,506 | 6,332 | 6,921 | 5,225 | |||
Long-term investments | 5,508 | 6,334 | 6,924 | 5,229 | |||
Accounts and financing receivable, after allowance for credit loss | (2) | (2) | (3) | (4) | |||
Intangible assets, net (including goodwill) | 19,239 | 18,259 | 16,204 | 15,875 | |||
Goodwill | 17,090 | 16,134 | 14,424 | 13,840 | |||
Intangible assets, net (excluding goodwill) | 2,149 | 2,125 | 1,780 | 2,035 | |||
Other noncurrent assets | 1,788 | 1,793 | 1,965 | ✕ | |||
Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 1,612 | ||
Deferred tax assets, net | 1,164 | ||||||
Other undisclosed noncurrent assets | 2 | 2 | 3 | 4 | |||
Total noncurrent assets: | 31,549 | 30,152 | 28,571 | 25,860 | |||
TOTAL ASSETS: | 46,612 | 45,885 | 45,849 | 38,069 | |||
LIABILITIES AND EQUITY | |||||||
Liabilities | |||||||
Current Liabilities | |||||||
Accounts payable and accrued liabilities | 5,376 | 6,949 | 5,934 | 5,095 | |||
Taxes payable | 609 | 852 | 639 | 514 | |||
Employee-related liabilities | 1,260 | 1,078 | 1,018 | ||||
Accounts payable | 1,644 | 1,696 | 1,434 | 1,041 | |||
Accrued liabilities | 3,123 | 3,141 | 2,783 | 2,522 | |||
Debt | 1,299 | 1,665 | 1,652 | ||||
Derivative instruments and hedges, liabilities | 75 | 23 | 40 | ||||
Restructuring reserve | 115 | ✕ | ✕ | ||||
Deferred revenue and credits | 6,210 | 6,021 | 5,278 | 4,575 | |||
Other undisclosed current liabilities | (1,450) | (1,101) | (1,059) | ||||
Total current liabilities: | 12,885 | 11,710 | 11,799 | 10,304 | |||
Noncurrent Liabilities | |||||||
Liabilities, other than long-term debt | 5,533 | 5,155 | 4,770 | 4,183 | |||
Deferred revenue and credits | 4,592 | 4,144 | 3,701 | 2,976 | |||
Accounts payable and accrued liabilities | 461 | 306 | |||||
Accrued income taxes | ✕ | ✕ | ✕ | 296 | 293 | ||
Deferred tax liabilities, net | 274 | 421 | 575 | ||||
Other liabilities | 480 | 431 | 352 | 339 | |||
Other undisclosed noncurrent liabilities | 5,475 | 5,495 | 5,494 | ||||
Total noncurrent liabilities: | 11,008 | 10,650 | 10,264 | 4,183 | |||
Total liabilities: | 23,893 | 22,360 | 22,063 | 14,487 | |||
Temporary equity, carrying amount | 58 | ||||||
Equity | |||||||
Equity, attributable to parent | 21,140 | 21,896 | 22,301 | 22,357 | |||
Common stock | 19 | 20 | 20 | 21 | |||
Additional paid in capital | 1,406 | 3,691 | |||||
Accumulated other comprehensive loss | (579) | (366) | (239) | (208) | |||
Retained earnings | 21,700 | 22,242 | 21,114 | 18,853 | |||
Equity, attributable to noncontrolling interest | 1,579 | 1,629 | 1,485 | 1,167 | |||
Total equity: | 22,719 | 23,525 | 23,786 | 23,524 | |||
TOTAL LIABILITIES AND EQUITY: | 46,612 | 45,885 | 45,849 | 38,069 |
Income Statement (P&L) ($ in millions)
6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Revenues | 24,704 | 24,440 | 23,222 | 21,714 | ||
Revenue, net | 24,704 | 24,442 | 23,224 | 21,718 | ||
Cost of revenue | (9,713) | (9,195) | (8,749) | (8,076) | ||
Cost of goods and services sold | (9,713) | (9,191) | (8,749) | (8,076) | ||
Other undisclosed gross profit | 4 | |||||
Gross profit: | 14,991 | 15,249 | 14,473 | 13,638 | ||
Operating expenses | (12,150) | (11,212) | (10,323) | (9,674) | ||
Operating income: | 2,841 | 4,037 | 4,150 | 3,964 | ||
Nonoperating income (expense) | 41 | (275) | (285) | (160) | ||
Investment income, nonoperating | 94 | 123 | 128 | 115 | ||
Other nonoperating income (expense) | 111 | (251) | (257) | (196) | ||
Interest and debt expense | (164) | (147) | (156) | (79) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 164 | 147 | 156 | 79 | ||
Income from continuing operations before income taxes: | 2,882 | 3,762 | 3,865 | 3,804 | ||
Income tax expense | (710) | (868) | (772) | (918) | ||
Income from continuing operations: | 2,172 | 2,894 | 3,093 | 2,886 | ||
Income before gain (loss) on sale of properties: | 2,172 | 2,894 | 3,093 | 2,886 | ||
Net income: | 2,172 | 2,894 | 3,093 | 2,886 | ||
Net loss attributable to noncontrolling interest | (182) | (180) | (204) | (153) | ||
Net income available to common stockholders, basic: | 1,990 | 2,714 | 2,889 | 2,733 | ||
Dilutive securities, effect on basic earnings per share | (5) | (7) | (8) | (10) | ||
Net income available to common stockholders, diluted: | 1,985 | 2,707 | 2,881 | 2,723 |
Comprehensive Income ($ in millions)
6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Net income: | 2,172 | 2,894 | 3,093 | 2,886 | ||
Other comprehensive income (loss) | (217) | (127) | (31) | 28 | ||
Comprehensive income: | 1,955 | 2,767 | 3,062 | 2,914 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 4 | (180) | 204 | 1 | ||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (182) | (408) | (155) | |||
Comprehensive income, net of tax, attributable to parent: | 1,777 | 2,587 | 2,858 | 2,759 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.