Symantec 2014 Annual Report Download - page 136

SYMANTEC CORPORATION
CONSOLIDATED BALANCE SHEETS
March 28,
2014
March 29,
2013
(In millions,
except par value)
ASSETS
Current assets:
Cash and cash equivalents $ 3,707 $ 4,685
Short-term investments 377 62
Trade accounts receivable, net 1,007 1,031
Inventories, net 14 24
Deferred income taxes 142 169
Deferred commissions 115 130
Other current assets 290 315
Total current assets 5,652 6,416
Property and equipment, net 1,116 1,122
Intangible assets, net 768 977
Goodwill 5,858 5,841
Long-term deferred commissions 21 29
Other long-term assets 124 123
Total assets $ 13,539 $ 14,508
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 282 $ 334
Accrued compensation and benefits 365 422
Deferred revenue 3,322 3,496
Current portion of long-term debt - 997
Other current liabilities 337 318
Total current liabilities 4,306 5,567
Long-term debt 2,095 2,094
Long-term deferred revenue 581 584
Long-term deferred tax liabilities 425 409
Long-term income taxes payable 252 318
Other long-term obligations 83 60
Total liabilities 7,742 9,032
Commitments and contingencies (Note 8)
Stockholders’ equity:
Symantec Corporation stockholders’ equity:
Common stock, $0.01 par value, 3,000 shares authorized; 909 and 912
shares issued; 695 and 698 shares outstanding, respectively 7 7
Additional paid-in capital 6,744 7,313
Accumulated other comprehensive income 194 202
Accumulated deficit (1,148) (2,046)
Total Symantec Corporation stockholders’ equity 5,797 5,476
Noncontrolling interest in subsidiary - -
Total stockholders’ equity 5,797 5,476
Total liabilities and stockholders’ equity $ 13,539 $ 14,508
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
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