Adobe 2005 Annual Report Download - page 75

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75
Note 3. Cash, cash equivalents and short-term investments
Cash, cash equivalents and short-term investments consisted of the following as of December 2, 2005:
Carrying
Value
Unrealized
Gains
Unrealized
Losses
Estimated
Fair Value
Classified as current assets:
Cash................................................................... $ 41,682 $ — $ — $ 41,682
Cash equivalents:
Money market mutual funds ........................... 334,934 — — 334,934
Bank time deposits.......................................... 24,339 — — 24,339
Corporate bonds.............................................. 19,864 — — 19,864
Total cash equivalents................................ 379,137 — — 379,137
Total cash and cash equivalents...................... 420,819 — — 420,819
Short-term investments:
State and municipal bonds .............................. 1,091,538 22 (8,168) 1,083,392
United States Treasury notes........................... 112,093 — (614) 111,479
Corporate bonds.............................................. 74,449 101 (240) 74,310
Obligations of foreign sovereigns ................... 9,004 — (25) 8,979
Marketable equity securities* ......................... 131 1,725 — 1,856
Total short-term investments...................... 1,287,215 1,848 (9,047) 1,280,016
Total cash, cash equivalents, and
short-term investments .................................. $ 1,708,034 $ 1,848 $ (9,047) $ 1,700,835
*The carrying value of marketable equity securities has been reduced by other-than-temporary declines in the fair
value of these securities.
Cash, cash equivalents and short-term investments consisted of the following as of December 3, 2004:
Carrying
Value
Unrealized
Gains
Unrealized
Losses
Estimated
Fair Value
Classified as current assets:
Cash................................................................... $ 37,546 $ — $ — $ 37,546
Cash equivalents:
Money market mutual funds ........................... 180,400 — — 180,400
Bank time deposits.......................................... 16,507 — — 16,507
United States Treasury notes........................... 20,790 — (6) 20,784
Corporate bonds.............................................. 3,825 — (1) 3,824
Total cash equivalents................................ 221,522 — (7) 221,515
Total cash and cash equivalents...................... 259,068 — (7) 259,061
Short-term investments:
State and municipal bonds .............................. 653,315 200 (3,287) 650,228
United States Treasury notes........................... 278,738 5 (926) 277,817
Corporate bonds.............................................. 98,995 5 (555) 98,445
Obligations of foreign sovereigns ................... 11,865 — (71) 11,794
Bonds of multi-lateral government agencies... 13,070 — (25) 13,045
Marketable equity securities* ......................... 1,923 908 — 2,831
Total short-term investments...................... 1,057,906 1,118 (4,864) 1,054,160
Total cash, cash equivalents, and
short-term investments.................................. $ 1,316,974 $ 1,118 $ (4,871) $ 1,313,221
*The carrying value of marketable equity securities has been reduced by other-than-temporary declines in the fair
value of these securities.