Facebook 2013 Annual Report Download - page 62

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60
FACEBOOK, INC.
CONSOLIDATED BALANCE SHEETS
(In millions, except for number of shares and par value)
December 31,
2013 2012
Assets
Current assets:
Cash and cash equivalents $ 3,323 $ 2,384
Marketable securities 8,126 7,242
Accounts receivable, net of allowances for doubtful accounts of $38 and $22 as of December 31,
2013 and December 31, 2012, respectively 1,109 719
Income tax refundable 51 451
Prepaid expenses and other current assets 461 471
Total current assets 13,070 11,267
Property and equipment, net 2,882 2,391
Goodwill and intangible assets, net 1,722 1,388
Other assets 221 57
Total assets $ 17,895 $ 15,103
Liabilities and stockholders' equity
Current liabilities:
Accounts payable $ 87 $ 65
Developer partners payable 181 169
Accrued expenses and other current liabilities 555 423
Deferred revenue and deposits 38 30
Current portion of capital lease obligations 239 365
Total current liabilities 1,100 1,052
Capital lease obligations, less current portion 237 491
Long-term debt — 1,500
Other liabilities 1,088 305
Total liabilities 2,425 3,348
Commitments and contingencies
Stockholders' equity:
Common stock, $0.000006 par value; 5,000 million Class A shares authorized, 1,970 million and
1,671 million shares issued and outstanding, including 6 million and 2 million outstanding
shares subject to repurchase as of December 31, 2013 and December 31, 2012, respectively;
4,141 million Class B shares authorized, 577 million and 701 million shares issued and
outstanding, including 6 million and 11 million outstanding shares subject to repurchase as of
December 31, 2013 and December 31, 2012, respectively — —
Additional paid-in capital 12,297 10,094
Accumulated other comprehensive income 14 2
Retained earnings 3,159 1,659
Total stockholders' equity 15,470 11,755
Total liabilities and stockholders' equity $ 17,895 $ 15,103
See Accompanying Notes to Consolidated Financial Statements.