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: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending July 31, 2016 10-K (Filed: Sept 1, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| July 31, 2016 | July 31, 2015 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 638 | 808 |
| Investments | 442 | 889 |
| Accounts receivable, net of allowance for doubtful accounts of $51 and $45 | 108 | 91 |
| Income taxes receivable | 20 | 84 |
| Deferred income taxes | 0 | 231 |
| Prepaid expenses and other current assets | 102 | 94 |
| Current assets of discontinued operations | 0 | 26 |
| Current assets before funds held for customers | 1,310 | 2,223 |
| Funds held for customers | 304 | 337 |
| Total current assets | 1,614 | 2,560 |
| Long-term investments | 28 | 27 |
| Property and equipment, net | 1,031 | 682 |
| Goodwill | 1,282 | 1,266 |
| Acquired intangible assets, net | 44 | 87 |
| Long-term deferred income taxes | 139 | 5 |
| Other assets | 112 | 106 |
| Long-term assets of discontinued operations | 0 | 235 |
| Total assets | 4,250 | 4,968 |
| LIABILITIES AND STOCKHOLDERS EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 512 | 0 |
| Accounts payable | 184 | 190 |
| Accrued compensation and related liabilities | 289 | 283 |
| Deferred revenue | 801 | 691 |
| Other current liabilities | 161 | 150 |
| Current liabilities of discontinued operations | 0 | 93 |
| Current liabilities before customer fund deposits | 1,947 | 1,407 |
| Customer fund deposits | 304 | 337 |
| Total current liabilities | 2,251 | 1,744 |
| Long-term debt | 488 | 500 |
| Long-term deferred revenue | 204 | 152 |
| Other long-term obligations | 146 | 172 |
| Long-term obligations of discontinued operations | 0 | 68 |
| Total liabilities | 3,089 | 2,636 |
| 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 - 257,853 shares at July 31, 2016 and 277,706 shares at July 31, 2015 | 3 | 3 |
| Additional paid-in capital | 4,442 | 4,007 |
| Treasury stock, at cost | (9,939) | (7,675) |
| Accumulated other comprehensive loss | (32) | (30) |
| Retained earnings | 6,687 | 6,027 |
| Total stockholders equity | 1,161 | 2,332 |
| Total liabilities and stockholders equity | 4,250 | 4,968 |
| External Links | |
| INTUIT INC (INTU) Fiscal Year 2016 | |
| 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 |