VMware 2014 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2014 VMware annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 128

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

Table of Contents VMware, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
E. Cash, Cash Equivalents and Short-Term Investments
Cash, cash equivalents and short-term investments as of December 31, 2014 and 2013 consisted of the following (tables in millions):
Refer to Note F for further information regarding the fair value of VMware’s cash equivalents and short-term investments.
VMware evaluated its fixed income investments as of December 31, 2014 and 2013 to determine whether or not any security had
experienced an other-than-temporary decline in fair value. As of December 31, 2014 and 2013 , VMware did not
79
December 31, 2014
Cost or
Amortized Cost
Unrealized
Gains
Unrealized
Losses
Aggregate
Fair Value
Cash
$
885
$
—
$
—
$
885
Cash equivalents:
Money-market funds
1,130
—
—
1,130
U.S. and foreign corporate debt securities
54
—
—
54
Foreign governments and multi-national agency obligations
2
—
—
2
Total cash equivalents
1,186
—
—
1,186
Short-term investments:
U.S. Government and agency obligations
542
—
—
542
U.S. and foreign corporate debt securities
3,236
3
(5
)
3,234
Foreign governments and multi-national agency obligations
23
—
—
23
Municipal obligations
930
2
—
932
Asset-backed securities
53
—
—
53
Mortgage-backed securities
221
—
(
1
)
220
Total short-term investments
5,005
5
(6
)
5,004
Total cash, cash equivalents and short-term investments
$
7,076
$
5
$
(6
)
$
7,075
December 31, 2013
Cost or
Amortized Cost
Unrealized
Gains
Unrealized
Losses
Aggregate
Fair Value
Cash
$
483
$
—
$
—
$
483
Cash equivalents:
Money-market funds
1,808
—
—
1,808
U.S. and foreign corporate debt securities
12
—
—
12
Municipal obligations
2
—
—
2
Total cash equivalents
1,822
—
—
1,822
Short-term investments:
U.S. Government and agency obligations
537
—
—
537
U.S. and foreign corporate debt securities
2,351
6
(3
)
2,354
Foreign governments and multi-national agency obligations
37
—
—
37
Municipal obligations
811
3
—
814
Mortgage-backed securities
129
—
(
1
)
128
Total short-term investments
3,865
9
(4
)
3,870
Total cash, cash equivalents and short-term investments
$
6,170
$
9
$
(4
)
$
6,175