10-K
Annual Report
Netflix, Inc.
NFLX
NASDAQ
CIK: 1065280
File #: 001-35727
Balance Sheet
39 line items · 2 periods
XBRL
| Item | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 7,116,913,000 | 5,147,176,000 |
Short-term investments | 20,973,000 | 911,276,000 |
Other current assets | 2,780,247,000 | 3,208,021,000 |
Total current assets | 9,918,133,000 | 9,266,473,000 |
Content assets, net | 31,658,056,000 | 32,736,713,000 |
Property and equipment, net | 1,491,444,000 | 1,398,257,000 |
Other non-current assets | 5,664,359,000 | 5,193,325,000 |
Total assets | 48,731,992,000 | 48,594,768,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Current content liabilities | 4,466,470,000 | 4,480,150,000 |
Current Content Liabilities | 4,500,000,000 | 4,500,000,000 |
Accounts payable | 747,412,000 | 671,513,000 |
Accrued expenses and other liabilities | 1,803,960,000 | 1,514,650,000 |
Deferred revenue | 1,442,969,000 | 1,264,661,000 |
Short-term debt | 399,844,000 | 0 |
Total current liabilities | 8,860,655,000 | 7,930,974,000 |
Non-current content liabilities | 2,578,173,000 | 3,081,277,000 |
Non-current Content Liabilities | 2,600,000,000 | 3,100,000,000 |
Long-term debt | 14,143,417,000 | 14,353,076,000 |
Other non-current liabilities | 2,561,434,000 | 2,452,040,000 |
Total liabilities | 28,143,679,000 | 27,817,367,000 |
Stockholders’ equity: | ||
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2023 and December 31, 2022; no shares issued and outstanding at December 31, 2023 and December 31, 2022 | 0 | 0 |
Common stock, $0.001 par value; 4,990,000,000 shares authorized at December 31, 2023 and December 31, 2022; 432,759,584 and 445,346,776 issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 5,145,172,000 | 4,637,601,000 |
Treasury stock at cost (16,078,268 and 1,564,478 shares at December 31, 2023 and December 31, 2022) | 6,922,200,000 | 824,190,000 |
Accumulated other comprehensive loss | (223,945,000) | (217,306,000) |
Retained earnings | 22,589,286,000 | 17,181,296,000 |
Total stockholders’ equity | 20,588,313,000 | 20,777,401,000 |
Common Stock and Additional Paid-in Capital | 5,145,172,000 | 4,637,601,000 |
Treasury Stock | (6,922,200,000) | (824,190,000) |
Accumulated Other Comprehensive Income (Loss) | (223,945,000) | (217,306,000) |
Retained Earnings | 22,589,286,000 | 17,181,296,000 |
Foreign Currency Translation Adjustments | (103,922,000) | (217,306,000) |
Change in Unrealized Gains (Losses) on Cash Flow Hedges | (120,023,000) | 0 |
Total | (223,945,000) | (217,306,000) |
Total liabilities and stockholders’ equity | 48,731,992,000 | 48,594,768,000 |