10-K
Annual Report
ADOBE INC.
ADBE
NASDAQ
CIK: 796343
File #: 0-15175
Balance Sheet
52 line items · 2 periods
XBRL
| Item | Dec 1, 2023 | Dec 2, 2022 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 7,141,000,000 | 4,236,000,000 |
Short-term investments | 701,000,000 | 1,860,000,000 |
Trade receivables, net of allowances for doubtful accounts of $16 and of $23, respectively | 2,224,000,000 | 2,065,000,000 |
Prepaid expenses and other current assets | 1,018,000,000 | 835,000,000 |
Total current assets | 11,084,000,000 | 8,996,000,000 |
Property and equipment, net | 2,030,000,000 | 1,908,000,000 |
United States | 1,740,000,000 | 1,690,000,000 |
Other | 1,000,000 | 1,000,000 |
Total Americas | 1,741,000,000 | 1,691,000,000 |
EMEA | 87,000,000 | 69,000,000 |
APAC | 202,000,000 | 148,000,000 |
Operating lease right-of-use assets, net | 358,000,000 | 407,000,000 |
Goodwill | 12,805,000,000 | 12,787,000,000 |
Digital Media | 3,890,000,000 | 3,889,000,000 |
Digital Experience | 8,517,000,000 | 8,500,000,000 |
Publishing and Advertising | 398,000,000 | 398,000,000 |
Other intangibles, net | 1,088,000,000 | 1,449,000,000 |
Deferred income taxes | 1,191,000,000 | 777,000,000 |
Other assets | 1,223,000,000 | 841,000,000 |
Total assets | 29,779,000,000 | 27,165,000,000 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current liabilities: | ||
Trade payables | 314,000,000 | 379,000,000 |
Accrued expenses | 1,942,000,000 | 1,790,000,000 |
Debt | 0 | 500,000,000 |
Deferred revenue | 5,837,000,000 | 5,297,000,000 |
Income taxes payable | 85,000,000 | 75,000,000 |
Operating lease liabilities | 73,000,000 | 87,000,000 |
Total current liabilities | 8,251,000,000 | 8,128,000,000 |
Long-term liabilities: | ||
Debt | 3,634,000,000 | 3,629,000,000 |
Deferred revenue | 113,000,000 | 117,000,000 |
Income taxes payable | 514,000,000 | 530,000,000 |
Operating lease liabilities | 373,000,000 | 417,000,000 |
Other liabilities | 376,000,000 | 293,000,000 |
Total liabilities | 13,261,000,000 | 13,114,000,000 |
Stockholders’ equity: | ||
Preferred stock, $0.0001 par value; 2 shares authorized; none issued | 0 | 0 |
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued; 455 and 462 shares outstanding, respectively | 0 | 0 |
Additional paid-in-capital | 11,586,000,000 | 9,868,000,000 |
Retained earnings | 33,346,000,000 | 28,319,000,000 |
Accumulated other comprehensive income (loss) | (285,000,000) | (293,000,000) |
Treasury stock, at cost (146 and 139 shares, respectively) | 28,129,000,000 | 23,843,000,000 |
Total stockholders’ equity | 16,518,000,000 | 14,051,000,000 |
Common Stock | 0 | 0 |
Additional Paid-In Capital | 11,586,000,000 | 9,868,000,000 |
Retained Earnings | 33,346,000,000 | 28,319,000,000 |
Accumulated Other Comprehensive Income (Loss) | (285,000,000) | (293,000,000) |
Treasury Stock | (28,129,000,000) | (23,843,000,000) |
Total liabilities and stockholders’ equity | 29,779,000,000 | 27,165,000,000 |