VMware 2014 Annual Report Download - page 65
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Table of Contents
VMware, Inc.
CONSOLIDATED BALANCE SHEETS
(amounts in millions, except per share amounts, and shares in thousands)
The accompanying notes are an integral part of the consolidated financial statements.
62
December 31,
2014
2013
ASSETS
Current assets:
Cash and cash equivalents
$
2,071
$
2,305
Short-term investments
5,004
3,870
Accounts receivable, net of allowance for doubtful accounts of $2 and $2
1,520
1,220
Due from related parties, net
49
—
Deferred tax assets
248
190
Other current assets
238
96
Total current assets
9,130
7,681
Property and equipment, net
1,035
845
Other assets, net
174
107
Deferred tax assets
165
60
Intangible assets, net
748
607
Goodwill
3,964
3,027
Total assets
$
15,216
$
12,327
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable
$
203
$
109
Accrued expenses and other
811
608
Due to related parties, net —
18
Unearned revenues
2,982
2,558
Total current liabilities
3,996
3,293
Notes payable to EMC
1,500
450
Unearned revenues
1,851
1,534
Other liabilities
283
234
Total liabilities
7,630
5,511
Commitments and Contingencies (refer to Note L)
Stockholders’ equity:
Class A common stock, par value $.01; authorized 2,500,000 shares; issued and outstanding
129,359 and 130,349 shares
1
1
Class B convertible common stock, par value $.01; authorized 1,000,000 shares; issued and
outstanding 300,000 shares
3
3
Additional paid-in capital
3,380
3,496
Accumulated other comprehensive income (loss)
(1
)
4
Retained earnings
4,198
3,312
Total VMware, Inc.’s stockholders’ equity
7,581
6,816
Non-controlling interests
5
—
Total stockholders’ equity
7,586
6,816
Total liabilities and stockholders’ equity
$
15,216
$
12,327