caluclate
operating cash flow
free cash flow
return on equity
return on capital employed
AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) $ Your Faded December 31, US 2016 79,268 $ 94,665 5 27.738 41.322 107,006 135,987 573 177866 71,651 13,410 5,254 12,540 1.747 88.265 17.619 7,233 16,083 2.432 111,934 25.249 10,089 22,620 1674 167 104,773 2.233 131,01 4,186 173.700 4,106 Net product sales Net srvice sales Total sales Operating expenses Cost of sales Fullment Marketing Technology and content General and administrative Other operating expense, net Toul operating expenses Operating income Interest income Interest expense Other income (expense), net Total non-operating income (expense) Income before income taxes Provision for income taxes Equity-method investment activity, net of tax Net income Basic camines per share Diluted earnings per share Weighted average shares used in computation of carings per share Basic Diluted 50 (459) (484) (848) (665) (294) 3892 (1.425) (769) (95 2.371 1.28 125 See accompanying motes to consolidated financial statements 135,987 02 171,866 .07 INC. AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS in millions, except per share data) December 31 2017 2016 19,334 6,647 11,461 8,339 45.781 29.114 3,784 4.723 83,402 $ 20,522 10,464 16,047 13,164 60,197 48,866 13,350 8.897 131,310 $ 34 616 719 5 25.3095 13.739 4.768 41816 ASSETS Carens Cash and cash equivalents Marketable securities Inventories Accounts receivable, net and other Total current assets Property and equipment, net Goodwill Other assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued expenses and other Uncamned revenue Total current liabilities Long-term debit Other long-term liabilities Commitments and contingencies (Note 7) Stockholders' equity: Preferred stock, S0.01 par value: Authorized shares --- 500 Issued and outstanding shares-none Common stock, 30.01 par value: Authorized shares -5,000 Issued shares - 500 and 507 Outstanding shares - 477 and 484 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 18.170 5,097 57,883 24,743 20,975 12.607 (1.837) 21,389 (1.837) 17.186 (985) 4916 19,285 83,402 27,709 131,310 $ See accompanying notes to consolidated financial statements. 2017 19,334 3,033 11,478 4215 155 202 (292) (3.583) (4,786) 7,175 281 Uncamedrevne 738 18,434 12,019 AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) Year Ended Deermber 31 2016 CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD s 14.557 $ 15.90 $ OPERATING ACTIVITIES: Net we 596 2,371 Adatments to reconcile net income to net cash from operating activities Depreciation of property and equipment, including internal use software and website development, and other sortiration, including capitalized content costs 6,281 8,116 Stock-based compensation 2.119 2.975 Other operating expense, niet 160 Other (income.net 250 (20) Deferred income taxes 81 (246) Changes in operating sets and liabilities: Inventories (2,187) (1.426) Accounts receivable, net and other (1.755) (367) Accounts payable 4.294 5010 Accrued expenses and other 1.724 1,292 1.955 Net cash provided by used in operating activities 17.272 INVESTING ACTIVITIES Purchases of property and equipment, including internal use software and website development (5.387) (7,804) Proceeds from property and equipment incentives Acquisitions, net of cash acquired, and other (795) (116) Sales and maturities of marketable securities 3,025 4.733 Purchases of marketable securities (4,091) (7.756) Net cash provided by (used in) investing activities (6.450) (9.876) FINANCING ACTIVITIES Proceeds from long-term debt and other Repayments of long-term debe and other (1.452) (354) Principal repayments of capital lease obligations Principal repayments of finance lease obligations (121) (147) Net cash provided by used in) financing activities 0.882) 0,740) Foreign currency effect on cash and cash equivalents (14) (212) Net increase (decrease) in cash and cash equivalents 1333 15.890 $ 19,334 $ CASH AND CASH EQUIVALENTS, END OF PERIOD SUPPLEMENTAL CASH FLOW INFORMATION: 3255 290 S Cash paid for interest on long-term debt Cash paid for interest on capital and finance lease obligations Cash paid for income taxes, net of refunds 4,717 5,704 Property and equipment acquired under capital leases 544 1,209 Property and equipment acquired under build-to-suit leases (11.955) 1.897 (13,972) (11.772) 0273191 0.160) 16,231 (1.372) (4,799) (200) 9,860 20.522 153 319 273 412 9,637 3.541 See accompanying notes to consolidated financial statements. EliteDesk 1 AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (in millions) Comman Stock Stores 11.135 S (51) $ 1.949 $ 10,741 596 (212) (212) - Balance as of January 1, 2015 Net income Other comprehensive income (los) Exercise of common stock options Excess tax benefits from stock-based compensation Stock-based compensation and issuance of employee benefit plan stock Issance of common stock for acquisition 119 - 2.131 - 119 - - 2.131 - 1837) 13.394(723) 471 5 2,545 13,384 13.384 2,371 (262) 829 5 1957, 1709 195 4,916 1976 19:03 2.962 19.285 Balance as of December 31, 2015 Net Income Other comprehensive income (loss) Exercise of common stock options Excess tax benefits from stock-based compensation Stock-based compensation and issuance of employee benefit plan stock Balance as of December 31, 2016 Cumulative effect of a change in accounting principle related to stock-based compensation Net income Other comprehensive income Exercise of common stock options Stock-based compensation and issuance of employee benefit plan stock Balance as of December 31, 2017 687 3,033 687 3,033 501 4.202 4202 445 35 (187) 5 21,385 (493) 5 1676 5 21,109 See accompanying notes to consolidated financial statements
