CIT GROUP INC: 10-K filed 2013-03-01

Name: CIT GROUP INC: 10-K filed 2013-03-01
Creator: CIT GROUP INC

What CIT GROUP INC reported in its annual report filed 2013-03-01 (fiscal FY 2012): 29 published measures, 99 facts as tagged in accession 0000891092-13-001912.

This filing

Form: 10-K (annual report)
Filed: 2013-03-01
Fiscal period: fiscal FY 2012
Accession: 0000891092-13-001912 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All CIT GROUP INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit
At 2012-12-31	44,012,000,000	USD
At 2011-12-31	45,263,400,000	USD
At 2010-12-31	51,453,400,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2012-12-31	35,672,500,000	USD
At 2011-12-31	36,377,300,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2012-12-31	8,334,800,000	USD
At 2011-12-31	8,883,600,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2012-12-31	5,636,200,000	USD
At 2011-12-31	6,565,700,000	USD
At 2010-12-31	8,650,400,000	USD
At 2009-12-31	8,405,500,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2012-10-01 to 2012-12-31	206,800,000	USD	92
2012-01-01 to 2012-12-31	-588,600,000	USD	366
2012-07-01 to 2012-09-30	-298,400,000	USD	92
2012-04-01 to 2012-06-30	-71,700,000	USD	91
2012-01-01 to 2012-03-31	-426,100,000	USD	91
2011-10-01 to 2011-12-31	38,400,000	USD	92
2011-01-01 to 2011-12-31	19,800,000	USD	365
2011-07-01 to 2011-09-30	-39,700,000	USD	92
2011-04-01 to 2011-06-30	-55,300,000	USD	91
2011-01-01 to 2011-03-31	76,400,000	USD	90
2010-01-01 to 2010-12-31	525,700,000	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	908,500,000	USD	366
2011-01-01 to 2011-12-31	856,000,000	USD	365
2010-01-01 to 2010-12-31	587,600,000	USD	365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	1,057,800,000	USD	366
2011-01-01 to 2011-12-31	1,784,900,000	USD	365
2010-01-01 to 2010-12-31	2,472,300,000	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-2,328,900,000	USD	366
2011-01-01 to 2011-12-31	-7,208,800,000	USD	365
2010-01-01 to 2010-12-31	-10,529,400,000	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	490,900,000	USD	366
2011-01-01 to 2011-12-31	4,268,100,000	USD	365
2010-01-01 to 2010-12-31	10,186,700,000	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2012-12-31	-74,600,000	USD
At 2011-12-31	517,700,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	200,887,000	shares	366
2011-01-01 to 2011-12-31	200,678,000	shares	365
2010-01-01 to 2010-12-31	200,201,000	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	200,887,000	shares	366
2011-01-01 to 2011-12-31	200,815,000	shares	365
2010-01-01 to 2010-12-31	200,575,000	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-2.95	USD/shares	366
2011-01-01 to 2011-12-31	0.07	USD/shares	365
2010-01-01 to 2010-12-31	2.6	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2012-10-01 to 2012-12-31	1.03	USD/shares	92
2012-01-01 to 2012-12-31	-2.95	USD/shares	366
2011-01-01 to 2011-12-31	0.07	USD/shares	365
2010-01-01 to 2010-12-31	2.6	USD/shares	365

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2012-10-01 to 2012-12-31	366,600,000	USD	92
2012-01-01 to 2012-12-31	2,897,400,000	USD	366
2011-01-01 to 2011-12-31	2,794,400,000	USD	365
2010-01-01 to 2010-12-31	3,079,700,000	USD	365

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit
At 2012-12-31	345,900,000	USD
At 2011-12-31	345,900,000	USD
At 2010-12-31	340,400,000	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2012-10-01 to 2012-12-31	231,900,000	USD	92
2012-01-01 to 2012-12-31	918,200,000	USD	366
2011-01-01 to 2011-12-31	896,600,000	USD	365
2010-01-01 to 2010-12-31	1,025,100,000	USD	365

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	918,200,000	USD	366
2011-01-01 to 2011-12-31	896,600,000	USD	365
2010-01-01 to 2010-12-31	1,025,100,000	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit
At 2012-12-31	200,868,802	shares
At 2011-12-31	200,660,314	shares
At 2010-12-31	200,463,197	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2012-12-31	8,501,800,000	USD
At 2011-12-31	8,459,300,000	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2012-12-31	-77,700,000	USD
At 2011-12-31	-82,600,000	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2012-12-31	8,339,500,000	USD
At 2012-09-30	8,113,800,000	USD
At 2012-06-30	8,397,900,000	USD
At 2012-03-31	8,470,700,000	USD
At 2011-12-31	8,886,100,000	USD
At 2011-09-30	8,898,400,000	USD
At 2011-06-30	8,961,400,000	USD
At 2011-03-31	9,016,800,000	USD
At 2010-12-31	8,926,800,000	USD
At 2009-12-31	8,401,400,000	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2012-12-31	21,961,800,000	USD
At 2011-12-31	26,307,700,000	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2012-12-31	31,900,000	USD
At 2011-12-31	63,600,000	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-588,600,000	USD	366
2011-01-01 to 2011-12-31	19,800,000	USD	365
2010-01-01 to 2010-12-31	525,700,000	USD	365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-583,700,000	USD	366
2011-01-01 to 2011-12-31	-61,700,000	USD	365
2010-01-01 to 2010-12-31	524,600,000	USD	365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-592,300,000	USD	366
2011-01-01 to 2011-12-31	14,800,000	USD	365
2010-01-01 to 2010-12-31	521,300,000	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	32,700,000	USD	366
2011-01-01 to 2011-12-31	57,000,000	USD	365
2010-01-01 to 2010-12-31	108,200,000	USD	365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	18,400,000	USD	366
2011-01-01 to 2011-12-31	94,500,000	USD	365
2010-01-01 to 2010-12-31	25,600,000	USD	365

Inspect the source

Entity: CIT GROUP INC / CIK 0001171825
Captured: 2026-09-22 19:41 UTC
SEC response SHA-256: cb16a4f77a441ed68a775915c8b0bfbb0930e9c215aa22fb538201368b73650c

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001171825.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))