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: 2017 | ||
Consolidated Balance Sheets | ||
Period Ending July 31, 2017 10-K (Filed: Sept 1, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| July 31, 2017 | July 31, 2016 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 529 | 638 |
| Investments | 248 | 442 |
| Accounts receivable, net of allowance for doubtful accounts of $46 and $51 | 103 | 108 |
| Income taxes receivable | 63 | 20 |
| Prepaid expenses and other current assets | 100 | 102 |
| Current assets before funds held for customers | 1,043 | 1,310 |
| Funds held for customers | 372 | 304 |
| Total current assets | 1,415 | 1,614 |
| Long-term investments | 31 | 28 |
| Property and equipment, net | 1,030 | 1,031 |
| Goodwill | 1,295 | 1,282 |
| Acquired intangible assets, net | 22 | 44 |
| Long-term deferred income taxes | 132 | 139 |
| Other assets | 143 | 112 |
| Total assets | 4,068 | 4,250 |
| LIABILITIES AND STOCKHOLDERS EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 50 | 512 |
| Accounts payable | 157 | 184 |
| Accrued compensation and related liabilities | 300 | 289 |
| Deferred revenue | 887 | 801 |
| Other current liabilities | 178 | 161 |
| Current liabilities before customer fund deposits | 1,572 | 1,947 |
| Customer fund deposits | 372 | 304 |
| Total current liabilities | 1,944 | 2,251 |
| Long-term debt | 438 | 488 |
| Long-term deferred revenue | 202 | 204 |
| Other long-term obligations | 130 | 146 |
| Total liabilities | 2,714 | 3,089 |
| 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 - 255,668 shares at July 31, 2017 and 257,853 shares at July 31, 2016 | 3 | 3 |
| Additional paid-in capital | 4,854 | 4,442 |
| Treasury stock, at cost | (10,778) | (9,939) |
| Accumulated other comprehensive loss | (22) | (32) |
| Retained earnings | 7,297 | 6,687 |
| Total stockholders equity | 1,354 | 1,161 |
| Total liabilities and stockholders equity | 4,068 | 4,250 |
| External Links | |
| INTUIT INC (INTU) Fiscal Year 2017 | |
| 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 |