Symantec 2013 Annual Report Download - page 159

SYMANTEC CORPORATION
CONSOLIDATED BALANCE SHEETS
March 29,
2013
March 30,
2012
(In millions, except
par value)
ASSETS
Current assets:
Cash and cash equivalents .................................................. $ 4,685 $ 3,162
Short-term investments .................................................... 62 49
Trade accounts receivable, net .............................................. 1,031 940
Inventories .............................................................. 24 28
Deferred income taxes ..................................................... 198 205
Other current assets ....................................................... 315 249
Total current assets ..................................................... 6,315 4,633
Property and equipment, net .................................................. 1,122 1,100
Intangible assets, net ........................................................ 977 1,337
Goodwill ................................................................. 5,841 5,826
Other long-term assets ....................................................... 124 124
Total assets ........................................................... $14,379 $13,020
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ........................................................ $ 334 $ 324
Accrued compensation and benefits .......................................... 422 416
Deferred revenue ......................................................... 3,496 3,444
Current portion of long-term debt ............................................ 997 —
Other current liabilities .................................................... 313 321
Total current liabilities .................................................. 5,562 4,505
Long-term debt ............................................................ 2,094 2,039
Long-term deferred revenue .................................................. 521 529
Long-term deferred tax liabilities .............................................. 403 288
Long-term income taxes payable .............................................. 318 393
Other long-term obligations .................................................. 60 94
Total liabilities ........................................................ 8,958 7,848
Commitments and contingencies (Note 8)
Stockholders’ equity:
Symantec Corporation stockholders’ equity:
Common stock (par value: $0.01, 3,000 shares authorized; 912 and 938 shares issued at
March 29, 2013 and March 30, 2012; 698 and 724 shares outstanding at March 29,
2013 and March 30, 2012) ............................................... 7 7
Additional paid-in capital .................................................. 7,313 7,773
Accumulated other comprehensive income .................................... 197 173
Accumulated deficit ...................................................... (2,096) (2,859)
Total Symantec Corporation stockholders’ equity ............................. 5,421 5,094
Noncontrolling interest in subsidiary ......................................... — 78
Total stockholders’ equity ................................................ 5,421 5,172
Total liabilities and stockholders’ equity .................................. $14,379 $13,020
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
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