10-Q
Quarterly Report
ADOBE INC.
ADBE
NASDAQ
CIK: 796343
File #: 0-15175
Balance Sheet
47 line items · 2 periods
XBRL
| Item | May 30, 2025 | Nov 29, 2024 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 4,931,000,000 | 7,613,000,000 |
Short-term investments | 782,000,000 | 273,000,000 |
Trade receivables, net of allowances for doubtful accounts of $16 and $14 respectively | 1,735,000,000 | 2,072,000,000 |
Prepaid expenses and other current assets | 1,530,000,000 | 1,274,000,000 |
Total current assets | 8,978,000,000 | 11,232,000,000 |
Property and equipment, net | 1,890,000,000 | 1,936,000,000 |
Operating lease right-of-use assets, net | 259,000,000 | 281,000,000 |
Goodwill | 12,830,000,000 | 12,788,000,000 |
Other intangibles, net | 631,000,000 | 782,000,000 |
Deferred income taxes | 1,984,000,000 | 1,657,000,000 |
Other assets | 1,535,000,000 | 1,554,000,000 |
Total assets | 28,107,000,000 | 30,230,000,000 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current liabilities: | ||
Trade payables | 360,000,000 | 361,000,000 |
Accrued expenses and other current liabilities | 2,256,000,000 | 2,336,000,000 |
Debt | 0 | 1,499,000,000 |
Deferred revenue | 6,220,000,000 | 6,131,000,000 |
Income taxes payable | 129,000,000 | 119,000,000 |
Operating lease liabilities | 74,000,000 | 75,000,000 |
Total current liabilities | 9,039,000,000 | 10,521,000,000 |
Long-term liabilities: | ||
Debt | 6,166,000,000 | 4,129,000,000 |
Deferred revenue | 114,000,000 | 128,000,000 |
Income taxes payable | 477,000,000 | 548,000,000 |
Operating lease liabilities | 323,000,000 | 353,000,000 |
Other liabilities | 540,000,000 | 446,000,000 |
Total liabilities | 16,659,000,000 | 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; 427 and 441 shares outstanding, respectively | 0 | 0 |
Additional paid-in capital | 14,375,000,000 | 13,419,000,000 |
Retained earnings | 41,744,000,000 | 38,470,000,000 |
Accumulated other comprehensive income (loss) | (333,000,000) | (201,000,000) |
Treasury stock, at cost (174 and 160 shares, respectively) | 44,338,000,000 | 37,583,000,000 |
Total stockholders’ equity | 11,448,000,000 | 14,105,000,000 |
Common Stock | 0 | 0 |
Additional Paid-In Capital | 14,375,000,000 | 13,419,000,000 |
Retained Earnings | 41,744,000,000 | 38,470,000,000 |
Accumulated Other Comprehensive Income (Loss) | (333,000,000) | (201,000,000) |
Treasury Stock | (44,338,000,000) | (37,583,000,000) |
Net unrealized gains / losses on available-for-sale securities | 0 | (1,000,000) |
Net unrealized gains / losses on derivative instruments designated as hedging instruments | (129,000,000) | 80,000,000 |
Cumulative foreign currency translation adjustments | (204,000,000) | (280,000,000) |
Total liabilities and stockholders’ equity | 28,107,000,000 | 30,230,000,000 |