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Netflix Inc. – ‘10-K’ for 12/31/22 – ‘EX-31.1’

On:  Thursday, 1/26/23, at 4:03pm ET   ·   For:  12/31/22   ·   Accession #:  1065280-23-35   ·   File #:  1-35727

Previous ‘10-K’:  ‘10-K’ on 1/27/22 for 12/31/21   ·   Next & Latest:  ‘10-K’ on 1/26/24 for 12/31/23   ·   25 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 1/26/23  Netflix Inc.                      10-K       12/31/22   82:8.2M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.91M 
 2: EX-4.18     Instrument Defining the Rights of Security Holders  HTML     36K 
 3: EX-10.11    Material Contract                                   HTML     60K 
 4: EX-21.1     Subsidiaries List                                   HTML     28K 
 5: EX-23.1     Consent of Expert or Counsel                        HTML     25K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     27K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     27K 
 8: EX-31.3     Certification -- §302 - SOA'02                      HTML     27K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     27K 
15: R1          Cover                                               HTML     84K 
16: R2          Audit Information                                   HTML     27K 
17: R3          Consolidated Statements of Operations               HTML     97K 
18: R4          Consolidated Statements of Comprehensive Income     HTML     42K 
19: R5          Consolidated Statements of Cash Flows               HTML    114K 
20: R6          Consolidated Balance Sheets                         HTML    118K 
21: R7          Consolidated Balance Sheets (Parenthetical)         HTML     42K 
22: R8          Consolidated Statements of Stockholders? Equity     HTML     72K 
23: R9          Organization and Summary of Significant Accounting  HTML     46K 
                Policies                                                         
24: R10         Revenue Recognition                                 HTML     63K 
25: R11         Earnings Per Share                                  HTML     48K 
26: R12         Cash, Cash Equivalents, Restricted Cash, and        HTML     56K 
                Short-term Investments                                           
27: R13         Balance Sheet Components                            HTML    104K 
28: R14         Debt                                                HTML     74K 
29: R15         Commitments and Contingencies                       HTML     37K 
30: R16         Guarantees?Indemnification Obligations              HTML     26K 
31: R17         Stockholders' Equity                                HTML     68K 
32: R18         Income Taxes                                        HTML    104K 
33: R19         Employee Benefit Plan                               HTML     38K 
34: R20         Segment and Geographic Information                  HTML     33K 
35: R21         Organization and Summary of Significant Accounting  HTML     68K 
                Policies (Policy)                                                
36: R22         Revenue Recognition (Tables)                        HTML     57K 
37: R23         Earnings Per Share (Tables)                         HTML     49K 
38: R24         Cash, Cash Equivalents, Restricted Cash, and        HTML     54K 
                Short-term Investments (Tables)                                  
39: R25         Balance Sheet Components (Tables)                   HTML    109K 
40: R26         Debt (Tables)                                       HTML     72K 
41: R27         Commitments and Contingencies (Tables)              HTML     31K 
42: R28         Stockholders' Equity (Tables)                       HTML     64K 
43: R29         Income Taxes (Tables)                               HTML    108K 
44: R30         Employee Benefit Plan (Tables)                      HTML     32K 
45: R31         Segment and Geographic Information (Tables)         HTML     28K 
46: R32         Organization and Summary of Significant Accounting  HTML     43K 
                Policies (Details)                                               
47: R33         Revenue Recognition - Revenue and Membership        HTML     47K 
                Information (Details)                                            
48: R34         Revenue Recognition - Additional Information        HTML     40K 
                (Details)                                                        
49: R35         Earnings Per Share - Calculation of EPS (Details)   HTML     59K 
50: R36         Earnings Per Share - Antidilutive Shares (Details)  HTML     24K 
51: R37         Cash, Cash Equivalents, Restricted Cash, and        HTML     56K 
                Short-term Investments (Details)                                 
52: R38         Balance Sheet Components - Components of Content    HTML     47K 
                Assets (Details)                                                 
53: R39         Balance Sheet Components - Property and Equipment   HTML     58K 
                and Accumulated Depreciation (Details)                           
54: R40         Balance Sheet Components - Leases (Details)         HTML     71K 
55: R41         Balance Sheet Components - Lease Maturities         HTML     42K 
                (Details)                                                        
56: R42         Balance Sheet Components - Other Current Assets     HTML     33K 
                (Details)                                                        
57: R43         Debt - Narrative (Details)                          HTML     39K 
58: R44         Debt - Summary of Long-term Debt (Details)          HTML     79K 
59: R45         Debt - Revolving Line of Credit (Details)           HTML     39K 
60: R46         Commitments and Contingencies - Streaming Content   HTML     34K 
                (Details)                                                        
61: R47         Commitments and Contingencies - Expected Timing of  HTML     32K 
                Payments for Commitments (Details)                               
62: R48         Guarantees?Indemnification Obligations (Details)    HTML     25K 
63: R49         Stockholders' Equity - Voting Rights (Details)      HTML     23K 
64: R50         Stockholders' Equity - Stock Option Plans           HTML     43K 
                (Details)                                                        
65: R51         Stockholders' Equity - Summary of Activity Related  HTML     59K 
                to Stock Option Plans (Details)                                  
66: R52         Stockholders' Equity - Summary of Assumptions Used  HTML     46K 
                to Value Stock Option Grants (Details)                           
67: R53         Stockholders' Equity - Stock Repurchases (Details)  HTML     25K 
68: R54         Income Taxes - Schedule of Income before Income     HTML     32K 
                Taxes (Details)                                                  
69: R55         Income Taxes - Components of Provision for Income   HTML     51K 
                Taxes (Details)                                                  
70: R56         Income Taxes - Reconciliation of Provision for      HTML     49K 
                Income Taxes (Details)                                           
71: R57         Income Taxes - Deferred Tax Assets and Liabilities  HTML     58K 
                (Details)                                                        
72: R58         Income Taxes - Narrative (Details)                  HTML     33K 
73: R59         Income Taxes - Summary of Changes in Unrecognized   HTML     34K 
                Tax Benefits (Details)                                           
74: R60         Employee Benefit Plan - Narrative (Details)         HTML     26K 
75: R61         Employee Benefit Plan - Multiemployer Plan          HTML     33K 
                (Details)                                                        
76: R62         Segment and Geographic Information (Details)        HTML     36K 
77: R63         Segment and Geographic Information - Long-lived     HTML     28K 
                Assets by Geographic Areas (Details)                             
80: XML         IDEA XML File -- Filing Summary                      XML    140K 
78: XML         XBRL Instance -- nflx-20221231_htm                   XML   1.95M 
79: EXCEL       IDEA Workbook of Financial Reports                  XLSX    133K 
11: EX-101.CAL  XBRL Calculations -- nflx-20221231_cal               XML    201K 
12: EX-101.DEF  XBRL Definitions -- nflx-20221231_def                XML    353K 
13: EX-101.LAB  XBRL Labels -- nflx-20221231_lab                     XML   1.46M 
14: EX-101.PRE  XBRL Presentations -- nflx-20221231_pre              XML    802K 
10: EX-101.SCH  XBRL Schema -- nflx-20221231                         XSD    145K 
81: JSON        XBRL Instance as JSON Data -- MetaLinks              424±   647K 
82: ZIP         XBRL Zipped Folder -- 0001065280-23-000035-xbrl      Zip    528K 


‘EX-31.1’   —   Certification — §302 – SOA’02


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EXHIBIT 31.1
CERTIFICATION OF CO-CHIEF EXECUTIVE OFFICER
PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I, Ted Sarandos, certify that:
1.I have reviewed this Annual Report on Form 10-K of Netflix, Inc.;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent function):
a)all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
 

Dated: January 26, 2023 By: 
   /S/ TED SARANDOS
  Ted Sarandos
  Co-Chief Executive Officer



Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:1/26/23None on these Dates
For Period end:12/31/22
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/26/24  Netflix Inc.                      10-K       12/31/23   93:9.6M


24 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/23/22  Netflix Inc.                      8-K:5,9    12/22/22   11:252K
12/09/22  Netflix Inc.                      8-K:5,9    12/07/22   12:262K
 6/08/22  Netflix Inc.                      8-K:5,9     6/02/22   13:1.1M
 1/27/22  Netflix Inc.                      10-K       12/31/21   83:8.8M
 9/10/21  Netflix Inc.                      8-K:5,9     9/08/21   11:268K
 6/17/21  Netflix Inc.                      8-K:1,2,9   6/17/21   11:930K                                   Donnelley … Solutions/FA
 4/28/20  Netflix Inc.                      8-K:1,2,8,9 4/22/20   16:1.9M                                   Donnelley … Solutions/FA
 4/22/20  Netflix Inc.                      DEF 14A     6/04/20    2:23M                                    Donnelley … Solutions/FA
10/25/19  Netflix Inc.                      8-K:1,2,8,910/21/19   16:1.8M                                   Donnelley … Solutions/FA
 4/29/19  Netflix Inc.                      8-K:1,2,8,9 4/23/19    7:1.3M                                   Donnelley … Solutions/FA
 4/01/19  Netflix Inc.                      8-K:1,9     3/29/19    2:641K                                   Donnelley … Solutions/FA
10/26/18  Netflix Inc.                      8-K:1,2,8,910/22/18    7:1.3M                                   Donnelley … Solutions/FA
 4/26/18  Netflix Inc.                      8-K:1,2,8,9 4/23/18    5:664K                                   Donnelley … Solutions/FA
 1/24/18  Netflix Inc.                      8-K:5,9     1/21/18    2:38K
10/26/17  Netflix Inc.                      8-K:1,2,8,910/23/17    5:725K                                   Donnelley … Solutions/FA
10/18/17  Netflix Inc.                      10-Q        9/30/17   61:6.7M
 5/03/17  Netflix Inc.                      8-K:1,2,9   5/02/17    3:679K                                   Donnelley … Solutions/FA
 4/20/17  Netflix Inc.                      10-Q        3/31/17   61:4.9M                                   Workiva Inc Wde… FA01/FA
10/27/16  Netflix Inc.                      8-K:1,2,8,910/24/16    6:792K                                   Donnelley … Solutions/FA
 2/05/15  Netflix Inc.                      8-K:1,2,8,9 2/02/15    7:1.1M                                   Donnelley … Solutions/FA
 2/19/14  Netflix Inc.                      8-K:1,2,9   2/19/14    3:586K                                   Donnelley … Solutions/FA
 4/20/11  Netflix Inc.                      DEF 14A     6/03/11    1:898K                                   Donnelley … Solutions/FA
 4/16/02  Netflix Inc.                      S-1/A                  5:540K                                   Donnelley Fin’l S… 13/FA
 3/20/02  Netflix Inc.                      S-1/A                  4:104K                                   Donnelley Fin’l S… 13/FA
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Filing Submission 0001065280-23-000035   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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