Yahoo 2011 Annual Report Download - page 68

Yahoo! Inc.
Consolidated Balance Sheets
December 31,
2010 2011
(In thousands, except par values)
ASSETS
Current assets:
Cash and cash equivalents .......................................... $ 1,526,427 $ 1,562,390
Short-term marketable debt securities ................................. 1,357,661 493,189
Accounts receivable, net of allowance of $22,975 and $30,142 as of
December 31, 2010 and 2011, respectively .......................... 1,028,900 1,037,474
Prepaid expenses and other current assets ............................. 432,560 359,483
Total current assets ........................................... 4,345,548 3,452,536
Long-term marketable debt securities ..................................... 744,594 474,338
Property and equipment, net ............................................ 1,653,422 1,730,888
Goodwill ........................................................... 3,681,645 3,900,752
Intangible assets, net .................................................. 255,870 254,600
Other long-term assets ................................................. 235,136 220,628
Investments in equity interests .......................................... 4,011,889 4,749,044
Total assets ......................................................... $14,928,104 $14,782,786
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable ................................................ $ 162,424 $ 166,595
Accrued expenses and other current liabilities .......................... 1,208,792 846,044
Deferred revenue ................................................. 254,656 194,722
Total current liabilities ........................................ 1,625,872 1,207,361
Long-term deferred revenue ............................................ 56,365 43,639
Capital lease and other long-term liabilities ................................ 142,799 134,905
Deferred and other long-term tax liabilities, net ............................. 506,658 815,534
Total liabilities ...................................................... 2,331,694 2,201,439
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; 1,308,836
shares issued and 1,308,836 shares outstanding as of December 31, 2010
and 1,217,481 shares issued and 1,190,006 shares outstanding as of
December 31, 2011 ............................................. 1,306 1,242
Additional paid-in capital .......................................... 10,109,913 9,825,899
Treasury stock at cost, zero shares as of December 31, 2010 and 27,475 shares
as of December 31, 2011 ......................................... — (416,237)
Retained earnings ................................................ 1,942,656 2,432,294
Accumulated other comprehensive income ............................ 504,254 697,869
Total Yahoo! Inc. stockholders’ equity ............................ 12,558,129 12,541,067
Noncontrolling interests ............................................... 38,281 40,280
Total equity ......................................................... 12,596,410 12,581,347
Total liabilities and equity .............................................. $14,928,104 $14,782,786
The accompanying notes are an integral part of these consolidated financial statements.
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