Yahoo 2010 Annual Report Download - page 63

Yahoo! Inc.
Consolidated Balance Sheets
December 31,
2009 2010
(In thousands, except par values)
ASSETS
Current assets:
Cash and cash equivalents .......................................... $ 1,275,430 $ 1,526,427
Short-term marketable debt securities ................................. 2,015,655 1,357,661
Accounts receivable, net of allowance of $41,003 and $22,975 as of
December 31, 2009 and 2010, respectively .......................... 1,003,362 1,028,900
Prepaid expenses and other current assets ............................. 300,325 432,560
Total current assets ........................................... 4,594,772 4,345,548
Long-term marketable debt securities ..................................... 1,226,919 744,594
Property and equipment, net ............................................ 1,426,862 1,653,422
Goodwill ........................................................... 3,640,373 3,681,645
Intangible assets, net .................................................. 355,883 255,870
Other long-term assets ................................................. 194,933 235,136
Investments in equity interests .......................................... 3,496,288 4,011,889
Total assets ......................................................... $14,936,030 $14,928,104
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable ................................................ $ 136,769 $ 162,424
Accrued expenses and other current liabilities .......................... 1,169,815 1,208,792
Deferred revenue ................................................. 411,144 254,656
Total current liabilities ........................................ 1,717,728 1,625,872
Long-term deferred revenue ............................................ 122,550 56,365
Capital lease and other long-term liabilities ................................ 83,021 142,799
Deferred and other long-term tax liabilities, net ............................. 494,095 506,658
Total liabilities ...................................................... 2,417,394 2,331,694
Commitments and contingencies (Note 12) ................................ — —
Yahoo! Inc. stockholders’ equity:
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued or
outstanding ................................................... — —
Common stock, $0.001 par value; 5,000,000 shares authorized; 1,413,718
shares issued and 1,406,075 shares outstanding as of December 31, 2009
and 1,308,836 shares issued and 1,308,836 shares outstanding as of
December 31, 2010 ............................................. 1,410 1,306
Additional paid-in capital .......................................... 10,640,367 10,109,913
Treasury stock at cost, 7,643 shares as of December 31, 2009 and zero shares
as of December 31, 2010 ......................................... (117,331) —
Retained earnings ................................................ 1,599,638 1,942,656
Accumulated other comprehensive income ............................ 369,236 504,254
Total Yahoo! Inc. stockholders’ equity ............................ 12,493,320 12,558,129
Noncontrolling interests ............................................... 25,316 38,281
Total equity ......................................................... 12,518,636 12,596,410
Total liabilities and equity .............................................. $14,936,030 $14,928,104
The accompanying notes are an integral part of these consolidated financial statements.
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