10-Q
Quarterly Report
ADOBE INC.
ADBE
NASDAQ
CIK: 796343
File #: 0-15175
Balance Sheet
44 line items · 2 periods
XBRL
| Item | Feb 28, 2025 | Nov 29, 2024 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 6,758,000,000 | 7,613,000,000 |
Short-term investments | 677,000,000 | 273,000,000 |
Trade receivables, net of allowances for doubtful accounts of $15 and $14, respectively | 1,973,000,000 | 2,072,000,000 |
Prepaid expenses and other current assets | 1,447,000,000 | 1,274,000,000 |
Total current assets | 10,855,000,000 | 11,232,000,000 |
Property and equipment, net | 1,893,000,000 | 1,936,000,000 |
Operating lease right-of-use assets, net | 266,000,000 | 281,000,000 |
Goodwill | 12,777,000,000 | 12,788,000,000 |
Other intangibles, net | 706,000,000 | 782,000,000 |
Deferred income taxes | 1,820,000,000 | 1,657,000,000 |
Other assets | 1,638,000,000 | 1,554,000,000 |
Total assets | 29,955,000,000 | 30,230,000,000 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current liabilities: | ||
Trade payables | 326,000,000 | 361,000,000 |
Accrued expenses and other current liabilities | 1,951,000,000 | 2,336,000,000 |
Debt | 0 | 1,499,000,000 |
Deferred revenue | 6,347,000,000 | 6,131,000,000 |
Income taxes payable | 465,000,000 | 119,000,000 |
Operating lease liabilities | 74,000,000 | 75,000,000 |
Total current liabilities | 9,163,000,000 | 10,521,000,000 |
Long-term liabilities: | ||
Debt | 6,155,000,000 | 4,129,000,000 |
Deferred revenue | 143,000,000 | 128,000,000 |
Income taxes payable | 567,000,000 | 548,000,000 |
Operating lease liabilities | 334,000,000 | 353,000,000 |
Other liabilities | 498,000,000 | 446,000,000 |
Total liabilities | 16,860,000,000 | 16,125,000,000 |
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; 435 and 441 shares outstanding, respectively | 0 | 0 |
Additional paid-in capital | 13,894,000,000 | 13,419,000,000 |
Retained earnings | 40,186,000,000 | 38,470,000,000 |
Accumulated other comprehensive income (loss) | (158,000,000) | (201,000,000) |
Treasury stock, at cost (166 and 160 shares, respectively) | 40,827,000,000 | 37,583,000,000 |
Total stockholders’ equity | 13,095,000,000 | 14,105,000,000 |
Common Stock | 0 | 0 |
Additional Paid-In Capital | 13,894,000,000 | 13,419,000,000 |
Retained Earnings | 40,186,000,000 | 38,470,000,000 |
Accumulated Other Comprehensive Income (Loss) | (158,000,000) | (201,000,000) |
Treasury Stock | (40,827,000,000) | (37,583,000,000) |
Total liabilities and stockholders’ equity | 29,955,000,000 | 30,230,000,000 |