Symantec 2012 Annual Report Download - page 143

SYMANTEC CORPORATION
CONSOLIDATED BALANCE SHEETS
March 30,
2012
April 1,
2011
(In millions, except
par value)
ASSETS
Current assets:
Cash and cash equivalents ...................................................... $ 3,162 $ 2,950
Short-term investments ......................................................... 49 8
Trade accounts receivable, net ................................................... 940 1,013
Inventories .................................................................. 28 30
Deferred income taxes ......................................................... 205 223
Other current assets ............................................................ 249 262
Total current assets .......................................................... 4,633 4,486
Property and equipment, net ....................................................... 1,100 1,050
Intangible assets, net ............................................................. 1,337 1,511
Goodwill ...................................................................... 5,826 5,494
Investment in joint venture ........................................................ — 27
Other long-term assets ........................................................... 124 151
Total assets .............................................................. $13,020 $12,719
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ............................................................. $ 324 $ 260
Accrued compensation and benefits ............................................... 416 443
Deferred revenue ............................................................. 3,444 3,321
Current portion of long-term debt ................................................. — 596
Other current liabilities ......................................................... 321 273
Total current liabilities ..................................................... 4,505 4,893
Long-term debt ................................................................. 2,039 1,987
Long-term deferred revenue ....................................................... 529 498
Long-term deferred tax liabilities ................................................... 288 296
Long-term income taxes payable ................................................... 393 361
Other long-term obligations ....................................................... 94 79
Total liabilities ......................................................... 7,848 8,114
Commitments and contingencies (Note 8)
Stockholders’ equity:
Symantec Corporation stockholders’ equity:
Common stock (par value: $0.01, 3,000 shares authorized; 938 and 972 shares issued at
March 30, 2012 and April 1, 2011; 724 and 758 shares outstanding at March 30, 2012 and
April 1, 2011) .............................................................. 7 8
Additional paid-in capital ....................................................... 7,773 8,361
Accumulated other comprehensive income ......................................... 173 171
Accumulated deficit ........................................................... (2,859) (4,012)
Total Symantec Corporation stockholders’ equity .................................. 5,094 4,528
Noncontrolling interest in subsidiary .............................................. 78 77
Total stockholders’ equity .................................................... 5,172 4,605
Total liabilities and stockholders’ equity ....................................... $13,020 $12,719
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
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