VMware 2010 Annual Report Download - page 76

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Table of Contents
VMware, Inc.
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share amounts)
The accompanying notes are an integral part of the consolidated financial statements
73
December
2010
2009
ASSETS
Current assets:
Cash and cash equivalents
$
1,628,965
$
2,486,461
Short
-
term investments
1,694,675
27,360
Accounts receivable, net
614,726
534,196
Due from EMC, net
55,481
26,402
Deferred tax asset, current portion
100,689
63,360
Other current assets
203,119
44,701
Total current assets
4,297,655
3,182,480
Property and equipment, net
419,065
402,356
Capitalized software development costs, net and other
151,945
169,293
Deferred tax asset, net of current portion
149,126
102,529
Intangible assets, net
210,928
94,557
Goodwill
1,568,600
1,115,769
Total assets
$
6,797,319
$
5,066,984
LIABILITIES AND STOCKHOLDERS
’
EQUITY
Current liabilities:
Accounts payable
$
58,913
$
50,566
Accrued expenses and other
459,813
334,523
Unearned revenue, current portion
1,270,426
908,953
Total current liabilities
1,789,152
1,294,042
Note payable to EMC
450,000
450,000
Unearned revenue, net of current portion
589,668
416,345
Deferred tax liability
30,096
60,300
Other liabilities
129,960
103,346
Total liabilities
2,988,876
2,324,033
Commitments and contingencies (see Note J)
Stockholders
’
equity:
Class A common stock, par value $.01; authorized 2,500,000 shares; issued and outstanding 116,701 and
102,785 shares
1,167
1,028
Class B convertible common stock, par value $.01; authorized 1,000,000 shares; issued and outstanding
300,000 shares
3,000
3,000
Additional paid
-
in capital
2,955,971
2,263,129
Accumulated other comprehensive income
19,635
4,563
Retained earnings
828,670
471,231
Total stockholders
’
equity
3,808,443
2,742,951
Total liabilities and stockholders
’
equity
$
6,797,319
$
5,066,984