Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pl matted VIE'V'I V File Home Insert Page Layout Formulas Data Review View Help (D PROTECTED VIEW Be carefulifiles from [lie Internet can contain viruses.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Pl matted VIE'V'I V File Home Insert Page Layout Formulas Data Review View Help (D PROTECTED VIEW Be carefulifiles from [lie Internet can contain viruses. Unless you need to edit, It's safer to stay In Protected View. Enable Ed Ill ng X A1 ' 5 Cover Page 7 USD (S) V A A B c l D l E i F l N l A A Cover has _ use (5, 12 Months Ended i I Dec. 31, 2019 Jan. 22, 2020 Jun. 30, 2019 3L Cover page. 4L Document Type 107K 5L Document Annual Report true Document Period End Date Dec. 31, 6_ 2019 7_ Document Transition Report false 8 Entity File Number 000722513 9 Entity Registrant Name AMAZON.COM, WC. & Entity incorporation, State or Country Code DE L Entity Tax identification Number 917164686!) L Entity Address, Address Line One 410 Terry Avenue North L Entity Address, City or Town Seattle L Entity Address, State or Province WA E Entity Address, Postal Zip Code 93109 E City Area Code 206 1 Local Phone Number 166100\" E Title of 11(b) Security Common Stock, par value 5.01 per share E Trading Symbol AMZN 23 security Exchange Narne NASDAQ 2i Entity Well-known Seasoned issuer Yes 21 Entity Voluntary Filers No 21 Entity Current Reporting Status Yes 2: Entity lnteractive Data Current Yes 2: Entity Filer Category Large Accelerated Filer 23 Entity Small Eusiness false 21 Entity Emerging Growth Company false 21 Entity Shell Company false 21 Entity Public Float S 736,284,030,955 31 Entity Common Stock, Shares Outstanding 457,810,444 Amendment Flag false v A ; Cover'i'ag; Consolidated Statements of Cash | Consolidated Statements of Oper l Consolidated Statements of Com; . 4 p Reedy Piotetted VIE'V'I V File Home Insert Page Layout Formulas Data Review View Help (D PROTECTED VIEW Be carefulifiles from the Internet can contain viruses. Unless you need to edit, It's safer to stay In Protected View. Enable Editing 3: A1 ' 5 Cover Page , USD (S) V A A | B c D l l N l - Document Period End Date Dec. 31, 6* 2019 L Document Transition Report false L Entity File Number 000722513 9* Entity Registrant Name AMAZUNCOM, iNC. Q Entity incorporation, State or Country Code DE 1 Entity Tax identification Number 514646360 3 Entity Address, Address Line One 410 Terry Avenue North 1 Entity Address, City or Town Seattle 1 Entity Address, State or Province WA E Entity Address, Postal Zip Code 98109 E City Area Code 206 1 Local Phone Number 26671000 E Title of 12(b) Security Common Stock, par value 5.01 per share E Trading Symbol AMZN 20 Security Exchange Name NASDAQ 3i Entity Wellrknown Seasoned issuer Ves 2; Entity Voluntary Filers No 21 Entity Current Reporting Status Ves 2i Entity interactive Data Current Ves 2: Entity Filer Category Large Accelerated Filer 2i Entity Small Business false 21 Entity Emerging Growth Company false 21 Entity Shell Company raise 21 Entity Public Float S 736,234,030,st 33 Entity Common Stock, Shares Outstanding 497,310,444 3; Amendment Flag false :2 Document Fiscal Year Focus 2019 31 Document Fiscal Period Focus FY 3i Entity Central index Key 0001018724 31 Current Fiscal Year End Date "1281 33 T } Cover Page Consolidated Statements of Cash | Consolidated Statements of Oper l Consolidated Statements of Com; p Ready AutoSave . Off)_ Amazon FS Prior - Protected View O Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments i PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X A1 I X V fx Consolidated Statements of Cash Flows - USD ($) $ in Millions B D E F G H K L M Consolidated Statements of Cash Flows - USD ($) $ in Millions 12 Months Ended IN Dec. 31, 2019 Dec. 31, 2018 Dec. 31, 2017 3 Statement of Cash Flows [Abstract] CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD $ 32,173 $ 21,856 $ 19,934 5 OPERATING ACTIVITIES: Net income 11,588 10,073 3,033 7 Adjustments to reconcile net income to net cash from operating activities: Depreciation and amortization of property and equipment and capitalized content costs, 21,789 15,341 11,478 8 operating lease assets, and other 9 Stock-based compensation 6,864 5,418 4,215 10 Other operating expense (income), net 164 274 202 11 Other expense (income), net (249) 219 (292 12 Deferred income taxes 796 441 (29 13 Changes in operating assets and liabilities: 14 Inventories (3,278) (1,314) (3,583) 15 Accounts receivable, net and other (7,681) (4,615 (4,780) 16 Accounts payable 8,193 3,263 7,100 17 Accrued expenses and other (1,383) 472 283 18 Unearned revenue 1,711 1,151 738 19 Net cash provided by (used in) operating activities 38,514 30,723 18,365 20 INVESTING ACTIVITIES: 21 Purchases of property and equipment (16,861) (13,427) (11,955) 22 Proceeds from property and equipment sales and incentives 4,172 2,104 1,897 23 Acquisitions, net of cash acquired, and other (2,461) (2,186) (13,972) 24 Sales and maturities of marketable securities 22,681 8,240 9,677 25 Purchases of marketable securities (31,812) 7,100 (12,731) 26 Net cash provided by (used in) investing activities (24,281) (12,369 (27,084) 27 FINANCING ACTIVITIES: 28 Proceeds from long-term debt and other 2,273 768 16,228 29 Repayments of long-term debt and other (2,684) (668) (1,301) 30 Principal repayments of finance leases (9,628) (7,449) (4,799) 31 Principal repayments of financing obligations (27) (337) (200) Cover Page Consolidated Statements of Cash Consolidated Statements Of Oper Consolidated Statements of Comp ... (+ Ready - + 100% Type here to search O 9 ?~ ( 1) ENG 9:30 AM 5/1/2021AutoSave . Off)_ Amazon FS Prior - Protected View O Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X A1 X V fx Consolidated Statements of Cash Flows - USD ($) $ in Millions B C D E F G H K L M 20 INVESTING ACTIVITIES: 21 Purchases of property and equipment (16,861) (13,427) (11,955) 22 Proceeds from property and equipment sales and incentives 4,172 2,104 1,897 23 Acquisitions, net of cash acquired, and other (2,461) (2,186) (13,972) 24 Sales and maturities of marketable securities 22,681 8,240 9,677 25 Purchases of marketable securities (31,812) (7,100) (12,731) 26 Net cash provided by (used in) investing activities (24,281) (12,369) (27,084) 27 FINANCING ACTIVITIES: 28 Proceeds from long-term debt and other 2,273 768 16,228 29 Repayments of long-term debt and other (2,684) (668) (1,301) 30 Principal repayments of finance leases (9,628) (7,449) (4,799) 31 Principal repayments of financing obligations (27) (337) (200) 32 Net cash provided by (used in) financing activities (10,066) (7,686 9,928 33 Foreign currency effect on cash, cash equivalents, and restricted cash 70 (351) 713 34 Net increase (decrease) in cash, cash equivalents, and restricted cash 4,237 10,317 1,922 35 CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD 36,410 32,173 21,856 36 SUPPLEMENTAL CASH FLOW INFORMATION: 37 Cash paid for interest on long-term debt 875 854 328 38 Cash paid for operating leases 3,361 39 Cash paid for interest on capital leases 381 200 40 Cash paid for interest on finance leases 647 41 Cash paid for interest on financing obligations 39 194 119 42 Cash paid for income taxes, net of refunds 881 (1,184) 957) 43 Assets acquired under operating leases 7,870 44 Property and equipment acquired under capital leases 10,615 9,637 45 Property and equipment acquired under finance leases 13,723 46 Property and equipment acquired under build-to-suit arrangements $ 1,362 $ 3,641 $ 3,541 47 48 49 50 51 Cover Page Consolidated Statements of Cash Consolidated Statements Of Oper Consolidated Statements of Comp ... + Ready - + 100% ?~ ( 1) ENG 9:30 AM Type here to search O 9 w 5/1/2021Plotetted View V File Home Insert Page Layout Formulas Data Review View Help (D PROTECTED VIEW Be carefulifiles from [lie Internet can contain viruses. Unless you need to edit, It's safer to stay In Protected View. Enable Editing 3: A1 ' 5 Consolidated Statements of Operations USD (5) shares in Millions, S in Millions V l A lBlClDlElFlGlHl'lJlKlLlMl' i Consolidated Statementt of Operations - 050(5) ihireiin Millions, s in Million: 12 M"'l'5 EM\" 2 I Dec. 31, 2019 Dec. 31, 2018 Dec. 31, 2017 L Total net sales $280,522 3 232,887 $177,866 L Operating expenses: i Cost of Sales 165,536 139,156 111,934 67 Fulfillment 40,232 34,027 25,249 7_ Technology and content 35,931 28,837 22,620 8_ Marketing 13,373 13,314 10,069 9 General and administrative 5,203 4,336 3,674 B Other operating expense (income), net 201 296 214 L Total operating expenses 265,981 220,466 173,760 L Operating income 14,541 12,421 4,106 L Interest income 832 440 202 L Interest expense (1,600) (1,417) (848) E Other income (expense), net 203 (133) 346 E Total noncoperating income (expense) (565) (1,160) (300) 1 income before income taxes 13,976 11,261 3,806 B Provision for income taxes (2,374) (1,197) (769) E Equitycmethod investment activity, net or tax (14) 9 (4) 23 Net income 3 11,533 3 10,073 3 3,033 2i Basil: earnings per share 3 23.46 5 20.63 S 6.32 22 Diluted earnings pershare 5 23.01 3 20.14 S 6.15 21 Weighted-average share: used in computation of earnings per share: 2: Basil: (in shares) 494 437 430 25 Diluted (in shares) 504 500 493 23 Net product sales 21 Total net sales S 160,403 3 141,915 $ 113,573 21 Net service sales ZiTotal net sales $120,114 5 90,972 S 59,293 31 3L 3: - A t l Cover Page i Consolidated Statements of Cash Consolidated Statements Of Opel Consolidated Statements of Com; 5 4 p Reedy Piotetted View V File Home Insert Page Layout Formulas Data Review View Help (D PROTECTED VIEW Be carefulifiles from the Internet can contain viruses. Unless you need to edIL It's safer to stay In Protected View. Enable Editing 3: A1 ' 5 Consolidated Statements of Comprehensive income 7 USD (5) S in Millions v 1 A lBlClDlElFlGlHl'lJlKlLlMl' i Consolidated Statements of Comprehensive Income- USD (5) s in Million: 12 M"'l'5 EM\" 2 I Dec. 31, 2019 Dec. 31, 2018 Dec. 31, 2017 L Statement of Comprehensive Income [Abstract] L Net income $11,533 $10,073 $3,033 3 Net change in foreign currency translation adjustments: 6* Foreign currency translation adjustments, net of tax of $5, $6, and 3(5) 78 (538) 533 Reclassification adjustment for foreign currency translation included in l'Other operating expense 108 D D 7_ (income), net)" net of tax of SO, SO, and $29 8 Net foreign currency translation adjustments (30) (53B) 533 9 Net change in unrealized gains (losses) on sveilebleforsele debt securities: & Unrealized gains (losses), net of tax of 55) SD, and 5(12) 83 (17) (39) Reclassification adjustment for losses (gains) included in "Other income (expense), net," net of tax (4) i3 7 1 of 50, SD, and SD 1 Net unrealized gains (losses) on availablerforrsale debt securities 7B (9) (32) E Total other comprehensive income (loss) 49 (547) 501 1 Comprehensive income $11,637 $9,526 3 3,534 E E 1 E E 23 2i 21 21 2: 2: 23 2L 21 21 31 - 4:4 t l Consolidated Statements of Cash l Consolidated Statements of Oper Consolidated Statements of Comp Consolida 5 4 p AutoSave . Off)_ Amazon FS Prior - Protected View O Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X A1 X V fx Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions B D E F G H K L M Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions 12 Months Ended IN Dec. 31, 2019 Dec. 31, 2018 Dec. 31, 2017 Statement of Comprehensive Income [Abstract] Foreign currency translation adjustments, tax $ (5) S 6 $ 5 Reclassification adjustment for foreign currency translation included in "Other operating expense 29 0 0 5 (income), net," tax 6 Unrealized gains (losses), tax (12) 0 5 7 Reclassification adjustment for losses (gains) included in other income (expense), net, tax SO SO SO 10 11 12 13 14 15 16 20 21 22 23 24 25 26 27 28 29 30 31 ... Consolidated Statements Of Oper | Consolidated Statements of Comp Consolidated Statements of Co_2 Consolida ... + Ready - + 100% Type here to search O 9 w ?~ ( 1) ENG 9:30 AM 5/1/2021PlDlE'LlE'd VIE'V'I V File Home Insert Page Layout Formulas Data Review View Help (D PROTECTED VIEW Be carefulifiles from the Internet can contain viruses. Unless you need to edit, It's safer to stay In Protected View. Enable Editing 3: A1 ' 5 Consolidated Balance Sheets 7 USD (5)3 in Millions v A A lBlClDlElFlGlHlllJlKlLlMlNl' 1 Consolidated Balancesheett- USD (5) $ in Millions I Dec. 31, 2019 Dec. 31, 2013 2L Current assets: 3L Cash and cash equivalents 3 36,092 3 31,750 4L Marketable securities 13,929 9,500 5L inventories 20,497 17,174 6L Accounts receivable, net and other 20,816 16,677 7_ Total current assets 96,334 75,101 8 Property and equipment, net 72,705 61,797 9 Operating leases 25,141 0 Goodwill 14,754 14,543 L Dther assets 16,314 11,202 L Total assets 225,248 162,648 L Current lie I: L Accounts payable 47,183 38,192 E Accrued expenses and other 32,439 23,663 E Unearned revenue 3,190 6,536 1 Total current liab" ' 5 37,312 68,391 E Longcterm lease liabilities 39,791 9,650 B Longcterm debt 23,414 23,495 20 Other longcterm liabilities 12,171 17,563 21 Commitments and contingencies (Note 7) 22 Stockholders' equity: 23 Preferred stock, 5001 par Value: Authorized shares - 500 issued and outstanding shares - none 0 0 Common stock, $0.01 parvalue: Authorized shares - 5,000 issued shares- 507 and 514 5 5 2: Outstanding shares , 434 and 491 2: Treasury stock, at cost (1,937) (1,337) 23 Additional paidcin capital 33,658 26,791 21 Accumulated othercomprehensive income (loss) (986) (1,035) 21 Retained earnings 31,220 19,625 21 Total stockholders' equity 62,060 43,549 31 Total liabilities and stockholders' eduitv $225,248 S 162,648 2 - A 4 s l Consolidated Statements of Comp l Consolidated Statements of Co_2 Consolidated Balance Sheets Consolidated B 5 4 p AutoSave . Off) Amazon FS Prior - Protected View O Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments i PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X A1 I X V fx Consolidated Balance Sheets (Parenthetical) - $ / shares B C D E F G H I J K L M N O P Q Consolidated Balance Sheets (Parenthetical) - $ / shares Dec. 31, 2019 Dec. 31, 2018 2 Statement of Financial Position [Abstract] Preferred stock, par value (in usd per share) $ 0.01 $ 0.01 Preferred stock, authorized shares 500,000,000 500,000,000 5 Preferred stock, issued shares 6 Preferred stock, outstanding shares 7 Common stock, par value (in usd per share) $ 0.01 $ 0.01 8 Common stock, authorized shares 5,000,000,000 5,000,000,000 9 Common stock, issued shares 521,000,000 514,000,000 10 Common stock, outstanding shares 498,000,000 491,000,000 11 12 13 14 15 16 17 18 19 20 24 25 26 27 28 29 30 31 32 ... Consolidated Statements of Co_2 | Consolidated Balance Sheets Consolidated Balance Sheets (Pa Consolidated Stat ... + Ready - + 100% Type here to search ?~ ( 1) ENG 9:30 AM O 9 w 5/1/2021AutoSave . Off)_ Amazon FS Prior - Protected View O Search Brenda Gutierrez1 BG X File Home Insert Page Layout Formulas Data Review View Help Share Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X A1 X Vfx Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions B D G H Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions Total Common Treasury Stock Additional Paid-In Capital Accumulated Other Comprehensive Income (Loss) Retained Earnings Stock Beginning Balance (in shares) at Dec. 31, 2016 477 Beginning Balance at Dec. 31, 2016 $ 19,285 $ 5 $ (1,837) $ 17,186 $ (985 $ 4,916 4 Increase (Decrease) in Stockholders' Equity [Roll Forward] 5 Net income 3,033 3,033 6 Other comprehensive income (loss) 501 501 Exercise of common stock options 7 8 Exercise of common stock options 9 Stock-based compensation and issuance of employee benefit plan stock 4,202 4,202 10 Ending Balance (in shares) at Dec. 31, 2017 484 11 Ending Balance at Dec. 31, 2017 27,709 $ 5 (1,837) 21,389 (484) 8,636 12 Increase (Decrease) in Stockholders' Equity [ Roll Forward] 13 Cumulative effect of a change in accounting principle 687 687 14 Net income 10,073 10,073 15 Other comprehensive income (loss) (547 (547) 16 Exercise of common stock options 7 17 Exercise of common stock options 0 0 18 Stock-based compensation and issuance of employee benefit plan stock 5,402 5,402 19 Ending Balance (in shares) at Dec. 31, 2018 491 20 Ending Balance at Dec. 31, 2018 43,549 $ 5 (1,837) 26,791 (1,035) 19,625 21 Increase (Decrease) in Stockholders' Equity [Roll Forward] 22 Cumulative effect of a change in accounting principle 912 (4) 916 23 Net income 11,588 11,588 24 Other comprehensive income (loss) 49 49 25 Exercise of common stock options 7 26 Exercise of common stock options 0 0 27 Stock-based compensation and issuance of employee benefit plan stock 6,867 6,867 28 Ending Balance (in shares) at Dec. 31, 2019 498 29 Ending Balance at Dec. 31, 2019 62,060 $5 $ (1,837) $ 33,658 986) 31,220 30 Increase (Decrease) in Stockholders' Equity [Roll Forward] 31 Cumulative effect of a change in accounting principle $ 7 $ 7 32 33 34 ... Consolidated Balance Sheets | Consolidated Balance Sheets (Pa Consolidated Statements of Stoc Description of Bus ... + Ready + 90% Type here to search O 9 W ?~ ) ENG 9:31 AM 5/1/2021

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Kin Lo, George Fisher

3rd Edition Vol. 1

133865940, 133865943, 978-7300071374

More Books

Students also viewed these Accounting questions

Question

2. How do I perform this role?

Answered: 1 week ago