Symantec 2009 Annual Report Download - page 120

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SYMANTEC CORPORATION
CONSOLIDATED BALANCE SHEETS
April 3,
2009
March 28,
2008
(In thousands, except par value)
ASSETS
Current assets:
Cash and cash equivalents . ......................................... $ 1,792,502 $ 1,890,225
Short-term investments . . . ......................................... 198,667 536,728
Trade accounts receivable, net ....................................... 837,010 758,200
Inventories . .................................................... 26,928 34,138
Deferred income taxes............................................. 165,556 193,775
Other current assets . .............................................. 279,476 316,852
Total current assets ............................................. 3,300,139 3,729,918
Property and equipment, net . ......................................... 973,274 1,001,750
Intangible assets, net . . .............................................. 1,638,684 1,892,474
Goodwill ........................................................ 4,560,623 11,207,357
Investment in joint venture . . ......................................... 96,938 150,000
Long-term deferred income taxes ....................................... 7,867 55,304
Other long-term assets .............................................. 67,605 55,291
Total assets . . . .............................................. $10,645,130 $18,092,094
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable . . .............................................. $ 190,303 $ 169,631
Accrued compensation and benefits ................................... 374,468 431,345
Current deferred revenue . . ......................................... 2,644,011 2,661,515
Income taxes payable ............................................. 43,894 72,263
Short-term borrowing ............................................. — 200,000
Other current liabilities . . . ......................................... 261,691 264,832
Total current liabilities ......................................... 3,514,367 3,799,586
Convertible senior notes ............................................. 2,100,000 2,100,000
Long-term deferred revenue. . ......................................... 418,769 415,054
Long-term deferred tax liabilities ....................................... 51,875 219,341
Long-term income taxes payable ....................................... 522,384 478,743
Other long-term obligations . . ......................................... 89,747 106,187
Total liabilities ............................................. 6,697,142 7,118,911
Commitments and contingencies
Stockholders’ equity:
Common stock (par value: $0.01, 3,000,000 shares authorized; 1,200,626 and
1,223,038 shares issued at April 3, 2009 and March 28, 2008; 816,975 and
839,387 shares outstanding at April 3, 2009 and March 28, 2008) ............ 8,169 8,393
Additional paid-in capital . ......................................... 8,941,065 9,139,084
Accumulated other comprehensive income .............................. 185,594 159,792
Accumulated (deficit) earnings ....................................... (5,186,840) 1,665,914
Total stockholders’ equity ........................................ 3,947,988 10,973,183
Total liabilities and stockholders’ equity. . ......................... $10,645,130 $18,092,094
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
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