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Lockheed Martin Corporation Consolidated Statements of Earnings (in millions, except per share data) Years Ended December 31, 2022 2021 2020 Net sales Products $ 55,466 $ 56,435 $ 54,928 Services 10,518 10,609 10,470 Total net sales 65,984 67,044 65,398 Cost of sales Products (49,577) (50,273)...
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MGM�RESORTS�INTERNATIONAL�AND�SUBSIDIARIES CONSOLIDATED�BALANCE�SHEETS (In thousands, except share data) � December�31, � � � 2018 � � 2017 � ASSETS � Current�assets � Cash and cash equivalents $ 1,526,762 $ 1,499,995 Accounts receivable, net 657,206 542,273 Inventories 110,831 102,292 ...
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MGM RESORTS INTERNATIONAL AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data)     Year Ended December 31, 2020 2019 2018 Revenues                   Casino  $ 2,871,720   $ 6,517,759   $ 5,753,150  Rooms    830,382     2,322,579     2,212,573  Food and beverage ...
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. We maintained an annual dividend of $0.01 per share throughout 2022.
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dited) Three months ended Twelve months ended December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Las Vegas Strip Resorts $ 877,052 $ 698,739 $ 3,142,308 $ 1,738,211 Regional Operations 319,517 309,250 1,294,630 1,217,814 MGM China (54,979) 5,015 (203,136) 25,367 Unconsolidated affiliates(1) (43,029...
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dited) Three months ended Twelve months ended December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Net income attributable to MGM Resorts International $ 284,002 $ 131,013 $ 1,473,093 $ 1,254,370 Plus: Net loss attributable to noncontrolling interests (604,016) (14,926) (1,266,362) (45,981) Net incom...
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Las Vegas Strip Resorts • Net revenues of $8.4 billion in the current year compared to $4.7 billion in the prior year, an increase of 77%;___FINANCEBENCH_DELIMITER___Regional Operations • Net revenues of $3.8 billion in the current year compared to $3.4 billion in the prior year, an increase of 12%;___FINANCEBENCH_DELI...
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Fair value level June 30, 2023 December 31, 2022 (In thousands) Cash and cash equivalents: Money market funds Level 1 $ 2,195 $ 12,009 Commercial paper and certificates of deposit Level 2 — 5,992 Cash and cash equivalents 2,195 18,001 Short-term investments: U.S. government securities Level 1 57,696 56,835 U.S. agency ...
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Table of Contents PART II Item 8 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA INCOME STATEMENTS (In millions, except per share amounts) Year Ended June 30, 2016 2015 2014 Revenue: Product $ 61,502 $ 75,956 $ 72,948 Service and other 23,818 ...
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BALANCE SHEETS (In millions) June 30, 2023 2022 Assets Current assets: Cash and cash equivalents $ 34,704 $ 13,931 Short-term investments 76,558 90,826 Total cash, cash equivalents, and short-term investments 111,262 104,757 Accounts receivable, net of allowance for doubtful accounts of $650 and $633 48,688 44,261 Inve...
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Table of Contents NETFLIX, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) Year ended December 31, 2015 2014 2013 Revenues $ 6,779,511 $ 5,504,656 $ 4,374,562 Cost of revenues 4,591,476 3,752,760 3,117,203 Marketing 824,092 607,186 469,942 Technology and...
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Table of Contents NETFLIX, INC. CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share data) As of December 31, 2017 2016 Assets Current assets: Cash and cash equivalents $ 2,822,795 $ 1,467,576 Short-term investments — 266,206 Current content assets, net 4,310,934 3,7...
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Table of Contents NIKE, Inc. Consolidated Statements of Income Year Ended May 31, (In millions, except per share data) 2018 2017 2016 Revenues $ 36,397 $ 34,350 $ 32,376 Cost of sales 20,441 19,038 17,405 Gross profit 15,956 15,312 14,971 Demand creation expense 3,577 3,341 3,278 Operat...
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Table of Contents NIKE, INC. CONSOLIDATED BALANCE SHEETS MAY 31, (Dollars in millions) 2019 2018 ASSETS Current assets: Cash and equivalents $ 4,466 $ 4,249 Short-term investments 197 996 Accounts receivable, net 4,272 3,498 Inventories 5,622 5,261 Prepaid expenses and other current assets 1,968 1,130 Total c...
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Table of Contents NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME YEAR ENDED MAY 31, (In millions, except per share data) 2021 2020 2019 Revenues $ 44,538 $ 37,403 $ 39,117 Cost of sales 24,576 21,162 21,643 Gross profit 19,962 16,241 17,474 Demand creation expense 3,114 3,592 3,753 Operating overhead expense 9,...
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NIKE, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS YEAR ENDED MAY 31, (Dollars in millions) 2023 2022 2021 Cash provided (used) by operations: Net income $ 5,070 $ 6,046 $ 5,727 Adjustments to reconcile net income to net cash provided (used) by operations: Depreciation 703 717 744 Deferred income taxes (117) (650) (385) ...
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PayPal Holdings, Inc. CONSOLIDATED BALANCE SHEETS As of December 31, 2022 2021 (In millions, except par value) ASSETS Current assets: Cash and cash equivalents $ 7,776 $ 5,197 Short-term investments 3,092 4,303 Accounts receivable, net 963 800 Loans and interest receivable, net of allowances of $598 and $491 as of Dece...
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Table of Contents Consolidated Statement of Cash Flows PepsiCo, Inc. and Subsidiaries Fiscal years ended December 25, 2021, December 26, 2020 and December 28, 2019 (in millions) 2021 2020 2019 Operating Activities Net income $ 7,679 $ 7,175 $ 7,353 Depreciation and amortization 2,710 2,548 2,432 Operating lease rig...
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Forward-Looking Statements This Annual Report on Form 10-K contains statements reflecting our views about our future performance that constitute“forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (Reform Act).Statements that constitute forward-looking statements withi...
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Item 3. Legal Proceedings. We and our subsidiaries are party to a variety of litigation, claims, legal or regulatory proceedings, inquiries and investigations.While the results of such litigation, claims, legal or regulatory proceedings, inquiries and investigations cannot be predicted withcertainty, management believe...
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Note 3 — Restructuring and Impairment Charges 2019 Multi-Year Productivity Plan We publicly announced a multi-year productivity plan on February 15, 2019 (2019 Productivity Plan) that will leverage newtechnology and business models to further simplify, harmonize and automate processes; re-engineer our go-to-market andi...
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Table of Contents Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 31, 2022, December 25, 2021 and December 26, 2020 (in millions except per share amounts) 2022 2021 2020 Net Revenue $ 86,392 $ 79,474 $ 70,372 Cost of sales 40,576 37,075 31,797 Gross profit 45,816 42,399 ...
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(8) The shareholder proposal regarding a congruency report on net-zero emissions policies was defeated: For 19,718,780 Against 977,228,788
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Effective May 26, 2023, PepsiCo terminated the $3,800,000,000 five year unsecured revolving credit agreement, dated as of May 27, 2022, amongPepsiCo, as borrower, the lenders party thereto, and Citibank, N.A., as administrative agent (the “ 2022 Five Year Credit Agreement ”). There were nooutstanding borrowings under t...
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Item 8.01. Other Events. Effective May 26, 2023, PepsiCo, Inc. (“ PepsiCo ”) terminated the $3,800,000,000 364 day unsecured revolving credit agreement, dated as ofMay 27, 2022, among PepsiCo, as borrower, the lenders party thereto, and Citibank, N.A., as administrative agent (the “ 2022 364 Day CreditAgreement ”). The...
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“We are very pleased with our performance and business momentum as our categories and geographies remained resilient during the first quarter. Given our strong start to the year, we now expect our full-year 2023 organic revenue to increase 8 percent (previously 6 percent) and core constant currency EPS to increase 9 pe...
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As of December 31, (MILLIONS, EXCEPT PER COMMON SHARE DATA) 2021 2020 Assets Cash and cash equivalents $ 1,944 $ 1,786 Short-term investments 29,125 10,437 Trade accounts receivable, less allowance for doubtful accounts: 2021—$492; 2020—$508 11,479 7,913 Inventories 9,059 8,020 Current tax assets 4,266 3,264 Other curr...
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Year Ended December 31, (MILLIONS, EXCEPT PER COMMON SHARE DATA) 2021 2020 2019 Revenues $ 81,288 $ 41,651 $ 40,905 Costs and expenses: Cost of sales(a) 30,821 8,484 8,054 Selling, informational and administrative expenses(a) 12,703 11,597 12,726 Research and development expenses(a) 13,829 9,393 8,385 Amortization of i...
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Note 2. Acquisitions, Divestitures, Equity-Method Investments, Licensing Arrangements and Collaborative Arrangements A. Acquisitions Trillium On November 17, 2021, we acquired all of the issued and outstanding common stock not already owned by Pfizer of Trillium, a clinical stage immuno-oncology company developing ther...
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We expect to incur costs of approximately $700 million in connection with separating Upjohn, of which approximately 90% has been incurred since inception and through the second quarter of 2023. These charges include costs and expenses related to separation of legal entities and transaction costs.
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The following summarizes revenues by geographic area: Three Months Ended Six Months Ended (MILLIONS) July 2, 2023 July 3, 2022 % Change July 2, 2023 July 3, 2022 % Change United States $ 6,185 $ 11,222 (45) $ 14,692 $ 20,140 (27) Developed Europe 2,415 5,480 (56) 5,236 11,569 (55) Developed Rest of World 1,305 5,034 (7...
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We expect to incur costs of approximately $700 million in connection with separating Upjohn, of which approximately 90% has been incurred since inception and through the second quarter of 2023. These charges include costs and expenses related to separation of legal entities and transaction costs.
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended January 28, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transiti...
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Ulta Beauty, Inc. Consolidated Statements of Cash Flows Fiscal year ended January 28, January 29, January 30, (In thousands) 2023 2022 2021 Operating activities Net income $ 1,242,408 $ 985,837 $ 175,835 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 241,...
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For the Full Year of Fiscal 2022 Net sales increased 18.3% to $10.2 billion compared to $8.6 billion in fiscal 2021, primarily due to the favorable impact from the continued resilience of the beauty category, retail price increases, the impact of new brands and product innovation, increased social occasions, and fewer ...
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Balance Sheet Cash and cash equivalents at the end of the fourth quarter of fiscal 2022 were $737.9 million. Merchandise inventories, net at the end of the fourth quarter of fiscal 2022 totaled $1.6 billion compared to $1.5 billion at the end of the fourth quarter of fiscal 2021. The $104.2 million increase was primari...
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Share Repurchase Program During the fourth quarter of fiscal 2022, the Company repurchased 722,457 shares of its common stock at a cost of $328.1 million. During fiscal 2022, the Company repurchased 2.2 million shares of its common stock at a cost of $900.0 million. As of January 28, 2023, $1.1 billion remained availab...
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Derivative Instruments We enter into derivative transactions primarily to manage our exposure to fluctuations in foreign currency exchange rates and interest rates. We employ risk management strategies, which may include the use of a variety of derivatives including interest rate swaps, cross currency swaps, forward...
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Pension and postretirement health care and life insurance benefits earned during the year, as well as interest on projected benefit obligations, are accrued.___FINANCEBENCH_DELIMITER___Estimated Future Benefit Payments The benefit payments to retirees are expected to be paid as follows: (dollars in millions) Year P...
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Consolidated Balance Sheets Verizon Communications Inc. and Subsidiaries (dollars in millions, except per share amounts) At December 31, 2022 2021 Assets Current assets Cash and cash equivalents $ 2,605 $ 2,921 Accounts receivable 25,332 24,742 Less Allowance for credit losses 826 896 Accounts receivable, net ...
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Consolidated Balance Sheets Verizon Communications Inc. and Subsidiaries (dollars in millions, except per share amounts) At December 31, 2022 2021 Assets Current assets Cash and cash equivalents $ 2,605 $ 2,921 Accounts receivable 25,332 24,742 Less Allowance for credit losses 826 896 Accounts receivable, net ...
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At December 31, Maturities Interest Rates % 2022 2021 Verizon Communications < 5 Years 0.75 - 5.82 $ 23,929 $ 18,406 5-10 Years 1.50 - 7.88 42,637 43,225 > 10 Years 1.13 - 8.95 60,134 73,520 < 5 Years Floating (1) 2,992 4,086 5-10 Years Floating (1) 3,029 824 Alltel Corporation 5-10 Years 6.80 - 7.88 94 38 > 1...
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Walmart Inc. Consolidated Statements of Income Fiscal Years Ended January 31, (Amounts in millions, except per share data) 2018 2017 2016 Revenues: Net sales $ 495,761 $ 481,317 $ 478,614 Membership and other income 4,582 4,556 3,516 Total revenues 500,343 485,873 482,130 Costs and exp...
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Walmart�Inc. Consolidated�Statements�of�Income Fiscal�Years�Ended�January�31, (Amounts in millions, except per share data) 2019 2018 2017 Revenues: Net sales $ 510,329 $ 495,761 $ 481,317 Membership and other income 4,076 4,582 4,556 Total revenues 514,405 500,343 485,873 Costs�and�exp...
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Walmart Inc. Consolidated Statements of Income Fiscal Years Ended January 31, (Amounts in millions, except per share data) 2020 2019 2018 Revenues: Net sales $ 519,926 $ 510,329 $ 495,761 Membership and other income 4,038 4,076 4,582 Total revenues 523,964 514,405 500,343 Costs and exp...