10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
INTUIT INC | ||
Ticker: INTU Fiscal Year: 2010 | ||
Consolidated Balance Sheets | ||
Period Ending July 31, 2010 10-K (Filed: Sept 16, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| July 31, 2010 | July 31, 2009 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 214 | 679 |
| Investments | 1,408 | 668 |
| Accounts receivable, net of allowance for doubtful accounts of $22 and $16 | 135 | 135 |
| Income taxes receivable | 27 | 67 |
| Deferred income taxes | 117 | 92 |
| Prepaid expenses and other current assets | 57 | 43 |
| Current assets of discontinued operations | 0 | 12 |
| Current assets before funds held for customers | 1,958 | 1,696 |
| Funds held for customers | 337 | 272 |
| Total current assets | 2,295 | 1,968 |
| Long-term investments | 91 | 97 |
| Property and equipment, net | 510 | 527 |
| Goodwill | 1,914 | 1,754 |
| Acquired intangible assets, net | 256 | 291 |
| Long-term deferred income taxes | 41 | 36 |
| Other assets | 91 | 77 |
| Long-term assets of discontinued operations | 0 | 76 |
| Total assets | 5,198 | 4,826 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 143 | 103 |
| Accrued compensation and related liabilities | 206 | 171 |
| Deferred revenue | 387 | 360 |
| Income taxes payable | 14 | 0 |
| Other current liabilities | 134 | 153 |
| Current liabilities of discontinued operations | 0 | 25 |
| Current liabilities before customer fund deposits | 884 | 812 |
| Customer fund deposits | 337 | 272 |
| Total current liabilities | 1,221 | 1,084 |
| Long-term debt | 998 | 998 |
| Other long-term obligations | 158 | 187 |
| Total liabilities | 2,377 | 2,269 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value Authorized - 1,345 shares total; 145 shares designated Series A; 250 shares designated Series B Junior Participating Issued and outstanding - None | 0 | 0 |
| Common stock, $0.01 par value Authorized - 750,000 shares Outstanding - 313,861 shares at July 31, 2010 and 322,766 shares at July 31, 2009 | 3 | 3 |
| Additional paid-in capital | 2,725 | 2,544 |
| Treasury stock, at cost | (3,315) | (2,846) |
| Accumulated other comprehensive income | 11 | 7 |
| Retained earnings | 3,397 | 2,849 |
| Total stockholders' equity | 2,821 | 2,557 |
| Total liabilities and stockholders' equity | 5,198 | 4,826 |
| External Links | |
| INTUIT INC (INTU) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |