EDGARÂ® OnlineÂ®, Inc., a financial information company specializing in making complex regulatory reporting by public companies actionable and easy-to-use, announced today that it now offers U.S. public company financial statements in a new importable format called eXtensible Business Reporting Language (XBRL).
One of the first financial services companies to make use of XBRL, EDGAR Online is also offering users for the first time and at no cost a limited number of real-time public company financial statements directly downloaded into Microsoft Excel 2003 worksheets.
EDGAR Online has been instrumental in the development of eXtensible Business Reporting Language (XBRL) through its early involvement with XBRL International. This consortium of over 200 companies and organizations such as the big four accounting firms, Morgan Stanley, Microsoft and the AICPA, represents the international business reporting supply chain. XBRL is an open specification that uses XML-based data tags to describe financial statements in both public and private companies. These tags are intended to create a royalty-free, standards-based method that revolutionizes the ways that financial information can be exchanged.
Users can access and perform financial comparisons on the following companies at no charge: AIG (NYSE: AIG), Altria Group (NYSE: MO), Amgen (NASDAQ: AMGN), Bank of America (NYSE: BAC), Cisco Systems (NASDAQ: CSCO), Citigroup (NYSE: C), Coca-Cola (NYSE: KO), Dell (NASDAQ: DELL), Exxon Mobil (NYSE: XOM), General Electric (NYSE: GE), Home Depot (NYSE: HD), IBM (NYSE: IBM), Intel (NASDAQ: INTC) J.P. Morgan Chase & Co. (NYSE: JPM), Johnson & Johnson (NYSE: JNJ), Microsoft (NASDAQ: MSFT), Merck (NYSE: MRK), PepsiCo (NYSE: PEP), Pfizer (NYSE: PFE), Procter & Gamble (NYSE: PG), SBC Communications (NYSE: SBC), Verizon Communications (NYSE: VZ), Wal-Mart Stores (NYSE: WMT) and Wells Fargo & Company (NYSE: WFC).
Users can also register for EDGAR Online Pro, a premium service that allows access to the entire universe of quarterly and annual financial data filed by U.S. public companies.
To learn more about this service or to subscribe, go to http://xbrl.edgar-online.com/x/xbrltool/ and http://www.microsoft.com/office/solutions/xbrl/. For more information about the XBRL International Consortium, go to http://www.xbrl.org. Visit EDGAR Online at the SIA Technology Management Conference, June 8-10, 2004, at the New York Hilton. For further information, contact Liv Watson, Vice President of XBRL Strategies at EDGAR Online, Inc.: (203) 852-5645 or email [email protected].