NVIDIA 2016 Annual Report Download - page 199

53
NVIDIA CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In millions, except per share data)
January 31,
2016
January 25,
2015
ASSETS
Current assets:
Cash and cash equivalents ...................................................................................... $ 596 $ 497
Marketable securities .............................................................................................. 4,441 4,126
Accounts receivable, less allowances of $11 as of January 31, 2016 and $17 as
of January 25, 2015................................................................................................. 505 474
Inventories .............................................................................................................. 418 483
Prepaid expenses and other current assets .............................................................. 93 70
Deferred income taxes ............................................................................................ —63
Total current assets ........................................................................................................... 6,053 5,713
Property and equipment, net............................................................................................. 466 557
Goodwill........................................................................................................................... 618 618
Intangible assets, net ........................................................................................................ 166 222
Other assets ...................................................................................................................... 67 91
Total assets ....................................................................................................................... $ 7,370 $ 7,201
LIABILITIES, CONVERTIBLE DEBT CONVERSION OBLIGATION AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable.................................................................................................... $ 296 $ 293
Accrued and other current liabilities....................................................................... 642 603
Convertible short-term debt.................................................................................... 1,413 —
Total current liabilities...................................................................................................... 2,351 896
Convertible long-term debt .............................................................................................. — 1,384
Other long-term liabilities ................................................................................................ 453 489
Capital lease obligations, long-term................................................................................. 10 14
Total liabilities ................................................................................................................. 2,814 2,783
Commitments and contingencies - see Note 12 ...............................................................
Convertible debt conversion obligation ........................................................................... 87 —
Shareholders’ equity:
Preferred stock, $.001 par value; 2 shares authorized; none issued ....................... ——
Common stock, $.001 par value; 2,000 shares authorized; 780 shares issued and
539 outstanding as of January 31, 2016; 759 shares issued and 545 outstanding as
of January 25, 2015................................................................................................. 11
Additional paid-in capital ....................................................................................... 4,170 3,855
Treasury stock, at cost (242 shares in 2016 and 214 shares in 2015)..................... (4,048)(3,395)
Accumulated other comprehensive income (loss).................................................. (4)8
Retained earnings.................................................................................................... 4,350 3,949
Total shareholders' equity................................................................................................. 4,469 4,418
Total liabilities, convertible debt conversion obligation and shareholders' equity .......... $ 7,370 $ 7,201
See accompanying notes to the consolidated financial statements.