Symantec 2016 Annual Report Download - page 141

SYMANTEC CORPORATION
CONSOLIDATED BALANCE SHEETS
April 1,
2016
April 3,
2015
(In millions,
except par value)
ASSETS
Current assets:
Cash and cash equivalents $ 5,983 $ 2,843
Short-term investments 42 1,017
Accounts receivable, net of allowance for doubtful accounts of $16 and $5,
respectively 556 700
Deferred income taxes - 152
Other current assets 378 295
Current assets of discontinued operations - 415
Total current assets 6,959 5,422
Property and equipment, net 957 950
Intangible assets, net 443 525
Goodwill 3,148 3,146
Equity investments 157 10
Other long-term assets 103 70
Long-term assets of discontinued operations - 3,110
Total assets $ 11,767 $ 13,233
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 175 $ 169
Accrued compensation and benefits 219 232
Deferred revenue 2,279 2,427
Current portion of long-term debt - 350
Income taxes payable 941 47
Other current liabilities 419 292
Current liabilities of discontinued operations - 936
Total current liabilities 4,033 4,453
Long-term debt 2,207 1,746
Long-term deferred revenue 359 444
Long-term deferred tax liabilities 1,235 308
Long-term income taxes payable 160 134
Other long-term obligations 97 79
Long-term liabilities of discontinued operations - 134
Total liabilities 8,091 7,298
Commitments and contingencies
Stockholders’ equity:
Common stock and additional paid-in capital, $0.01 par value, 3,000 shares
authorized; 612 and 898 shares issued; 612 and 684 shares outstanding,
respectively 4,309 6,101
Accumulated other comprehensive income 22 104
Accumulated deficit (655) (270)
Total stockholders’ equity 3,676 5,935
Total liabilities and stockholders’ equity $ 11,767 $ 13,233
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
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