Stock Analysis on Net

EMC Corp. (NYSE:EMC)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 8, 2016.

Adjustments to Financial Statements

Microsoft Excel

Adjustments to Current Assets

EMC Corp., adjusted current assets

US$ in millions

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Current assets
Adjustments
Add: Allowance for doubtful accounts
Less: Current deferred tax assets1
After Adjustment
Adjusted current assets

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Current deferred tax assets. See details »


Adjustments to Total Assets

EMC Corp., adjusted total assets

US$ in millions

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Total assets
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1
Add: Allowance for doubtful accounts
Less: Current deferred tax assets2
Less: Non-current deferred tax assets3
After Adjustment
Adjusted total assets

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

2 Current deferred tax assets. See details »

3 Non-current deferred tax assets. See details »


Adjustments to Current Liabilities

EMC Corp., adjusted current liabilities

US$ in millions

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Current liabilities
Adjustments
Less: Current deferred revenue
Less: Current product warranty obligations
Less: Restructuring, current
After Adjustment
Adjusted current liabilities

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).


Adjustments to Total Liabilities

EMC Corp., adjusted total liabilities

US$ in millions

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Total liabilities
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)1
Less: Non-current deferred tax liabilities2
Less: Deferred revenue
Less: Product warranty obligations
Less: Restructuring
After Adjustment
Adjusted total liabilities

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Non-current deferred tax liabilities. See details »


Adjustments to Stockholders’ Equity

EMC Corp., adjusted total EMC Corporation’s shareholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Total EMC Corporation’s shareholders’ equity
Adjustments
Less: Deferred tax assets and liabilities1
Add: Allowance for doubtful accounts
Add: Deferred revenue
Add: Product warranty obligations
Add: Restructuring
Add: Non-controlling interests
After Adjustment
Adjusted total shareholders’ equity

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Deferred tax assets and liabilities. See details »


Adjustments to Capitalization Table

EMC Corp., adjusted capitalization table

US$ in millions

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Notes converted and payable
Short-term debt
Current portion of convertible debt
Long-term debt
Total reported debt
Total EMC Corporation’s shareholders’ equity
Total reported capital
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)1
Adjusted total debt
Adjustments to Equity
Less: Deferred tax assets and liabilities2
Add: Allowance for doubtful accounts
Add: Deferred revenue
Add: Product warranty obligations
Add: Restructuring
Add: Non-controlling interests
Adjusted total shareholders’ equity
After Adjustment
Adjusted total capital

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Deferred tax assets and liabilities. See details »


Adjustments to Revenues

EMC Corp., adjusted revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Revenues
Adjustment
Add: Increase (decrease) in deferred revenue
After Adjustment
Adjusted revenues

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).


Adjustments to Reported Income

EMC Corp., adjusted net income attributable to EMC Corporation

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Net income attributable to EMC Corporation
Adjustments
Add: Deferred income tax expense (benefit)1
Add: Increase (decrease) in allowance for doubtful accounts
Add: Increase (decrease) in deferred revenue
Add: Increase (decrease) in product warranty obligations
Add: Increase (decrease) in restructuring
Add: Other comprehensive income (loss), net of taxes
After Adjustment
Adjusted net income

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Deferred income tax expense (benefit). See details »