Yahoo 2009 Annual Report Download - page 37

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Consolidated Balance Sheets Data:
December 31,
2005(3) 2006(3) 2007(1)(3) 2008(2)(3) 2009
(In thousands)
Cash and cash equivalents ............... $ 1,429,693 $ 1,569,871 $ 1,513,930 $ 2,292,296 $ 1,275,430
Marketable debt securities ............... $ 2,570,155 $ 1,967,414 $ 849,542 $ 1,229,677 $ 3,242,574
Working capital ....................... $ 2,245,481 $ 2,276,148 $ 942,652 $ 3,040,483 $ 2,877,044
Total assets .......................... $10,830,151 $11,512,673 $12,229,554 $13,689,848 $14,936,030
Long-term liabilities ................... $ 1,013,638 $ 843,790 $ 384,208 $ 715,872 $ 699,666
Total Yahoo! Inc. stockholders’ equity ..... $ 8,612,461 $ 9,186,833 $ 9,538,209 $11,250,942 $12,493,320
(1) As of December 31, 2007, our $750 million of outstanding zero coupon senior convertible notes were
classified as short-term debt and are reflected in working capital. The zero coupon senior convertible notes
were classified as long-term debt as of the end of 2005 and 2006. Refer to Note 9—“Debt” in the Notes to the
consolidated financial statements.
(2) During the year ended December 31, 2008, our $750 million of outstanding zero coupon senior convertible
notes were converted into 36.6 million shares of Yahoo! common stock. Refer to Note 9—“Debt” in the
Notes to the consolidated financial statements. During the year ended December 31, 2008, we received a
$350 million, one-time payment from AT&T Inc., which was recorded in both short-term and long-term
deferred revenues.
(3) Amounts reflect the adoption of new authoritative guidance for convertible debt instruments that may be
settled in cash upon conversion, including partial cash settlement. Refer to Note 9—“Debt” in the Notes to
the consolidated financial statements for additional information.
29