10-Q
Quarterly Report
Netflix, Inc.
NFLX
NASDAQ
CIK: 1065280
File #: 001-35727
Balance Sheet
39 line items · 2 periods
XBRL
| Item | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 7,024,766,000 | 7,116,913,000 |
Short-term investments | 20,973,000 | 20,973,000 |
Other current assets | 2,875,574,000 | 2,780,247,000 |
Total current assets | 9,921,313,000 | 9,918,133,000 |
Content assets, net | 31,662,100,000 | 31,658,056,000 |
Property and equipment, net | 1,501,168,000 | 1,491,444,000 |
Other non-current assets | 5,743,140,000 | 5,664,359,000 |
Total assets | 48,827,721,000 | 48,731,992,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Current content liabilities | 4,436,021,000 | 4,466,470,000 |
Current Content Liabilities | 4,400,000,000 | 4,500,000,000 |
Accounts payable | 607,348,000 | 747,412,000 |
Accrued expenses and other liabilities | 1,977,428,000 | 1,803,960,000 |
Deferred revenue | 1,469,484,000 | 1,442,969,000 |
Short-term debt | 798,936,000 | 399,844,000 |
Total current liabilities | 9,289,217,000 | 8,860,655,000 |
Non-current content liabilities | 2,370,692,000 | 2,578,173,000 |
Non-current Content Liabilities | 2,400,000,000 | 2,600,000,000 |
Long-term debt | 13,217,038,000 | 14,143,417,000 |
Other non-current liabilities | 2,585,364,000 | 2,561,434,000 |
Total liabilities | 27,462,311,000 | 28,143,679,000 |
Stockholders’ equity: | ||
Common stock, $0.001 par value; 4,990,000,000 shares authorized at March 31, 2024 and December 31, 2023; 430,964,991 and 432,759,584 issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 5,489,850,000 | 5,145,172,000 |
Treasury stock at cost (19,648,480 and 16,078,268 shares at March 31, 2024 and December 31, 2023, respectively) | 8,934,056,000 | 6,922,200,000 |
Accumulated other comprehensive loss | (111,879,000) | (223,945,000) |
Retained earnings | 24,921,495,000 | 22,589,286,000 |
Total stockholders’ equity | 21,365,410,000 | 20,588,313,000 |
Common stock and additional paid-in capital: | 5,489,850,000 | 5,145,172,000 |
Treasury stock: | (8,934,056,000) | (6,922,200,000) |
Accumulated other comprehensive loss: | (111,879,000) | (223,945,000) |
Retained earnings: | 24,921,495,000 | 22,589,286,000 |
Foreign Currency Translation Adjustments | (176,974,000) | (103,922,000) |
Change in Unrealized Gains (Losses) on Cash Flow Hedges | 84,461,000 | (155,730,000) |
Tax (expense) benefit | (19,366,000) | 35,707,000 |
Total | (111,879,000) | (223,945,000) |
Total liabilities and stockholders’ equity | 48,827,721,000 | 48,731,992,000 |