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: 2011 | ||
Condensed Consolidated Balance Sheets | ||
Period Ending July 31, 2011 10-K (Filed: Sept 14, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| July 31, 2011 | July 31, 2010 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 722 | 214 |
| Investments | 699 | 1,408 |
| Accounts receivable, net of allowance for doubtful accounts of $20 and $22 | 171 | 135 |
| Income taxes receivable | 72 | 27 |
| Deferred income taxes | 94 | 117 |
| Prepaid expenses and other current assets | 82 | 57 |
| Current assets before funds held for customers | 1,840 | 1,958 |
| Funds held for customers | 414 | 337 |
| Total current assets | 2,254 | 2,295 |
| Long-term investments | 63 | 91 |
| Property and equipment, net | 561 | 510 |
| Goodwill | 1,886 | 1,914 |
| Acquired intangible assets, net | 180 | 256 |
| Long-term deferred income taxes | 55 | 41 |
| Other assets | 111 | 91 |
| Total assets | 5,110 | 5,198 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | 500 | 0 |
| Accounts payable | 129 | 143 |
| Accrued compensation and related liabilities | 215 | 206 |
| Deferred revenue | 406 | 387 |
| Income taxes payable | 0 | 14 |
| Other current liabilities | 141 | 134 |
| Current liabilities before customer fund deposits | 1,391 | 884 |
| Customer fund deposits | 414 | 337 |
| Total current liabilities | 1,805 | 1,221 |
| Long-term debt | 499 | 998 |
| Other long-term obligations | 190 | 158 |
| Total liabilities | 2,494 | 2,377 |
| 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 - 300,597 shares at July 31, 2011 and 313,861 shares at July 31, 2010 | 3 | 3 |
| Additional paid-in capital | 2,883 | 2,725 |
| Treasury stock, at cost | (4,316) | (3,315) |
| Accumulated other comprehensive income | 15 | 11 |
| Retained earnings | 4,031 | 3,397 |
| Total stockholders' equity | 2,616 | 2,821 |
| Total liabilities and stockholders' equity | 5,110 | 5,198 |
| External Links | |
| INTUIT INC (INTU) Fiscal Year 2011 | |
| 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 |