NetFlix 2015 Annual Report Download - page 51

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NETFLIX, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share data)
As of December 31,
2015 2014
Assets
Current assets:
Cash and cash equivalents ........................................... $ 1,809,330 $1,113,608
Short-term investments ............................................. 501,385 494,888
Current content assets, net ........................................... 2,905,998 2,166,134
Other current assets ................................................ 215,127 152,423
Total current assets ............................................ 5,431,840 3,927,053
Non-current content assets, net ........................................... 4,312,817 2,773,326
Property and equipment, net ............................................. 173,412 149,875
Other non-current assets ................................................ 284,802 192,246
Total assets .................................................. $10,202,871 $7,042,500
Liabilities and Stockholders’ Equity
Current liabilities:
Current content liabilities ........................................... $ 2,789,023 $2,117,241
Accounts payable ................................................. 253,491 201,581
Accrued expenses ................................................. 140,389 69,746
Deferred revenue .................................................. 346,721 274,586
Total current liabilities ......................................... 3,529,624 2,663,154
Non-current content liabilities ............................................ 2,026,360 1,575,832
Long-term debt ....................................................... 2,371,362 885,849
Other non-current liabilities ............................................. 52,099 59,957
Total liabilities ............................................... 7,979,445 5,184,792
Commitments and contingencies (Note 6)
Stockholders’ equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31,
2015 and 2014; no shares issued and outstanding at December 31, 2015 and
2014 .......................................................... — —
Common stock, $0.001 par value; 4,990,000,000 and 160,000,000 shares
authorized at December 31, 2015 and December 31, 2014, respectively;
427,940,440 and 422,910,887 issued and outstanding at December 31, 2015
and December 31, 2014, respectively ................................ 1,324,809 1,042,870
Accumulated other comprehensive loss ................................ (43,308) (4,446)
Retained earnings ................................................. 941,925 819,284
Total stockholders’ equity ....................................... 2,223,426 1,857,708
Total liabilities and stockholders’ equity ........................... $10,202,871 $7,042,500
See accompanying notes to consolidated financial statements.
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