NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2019
NVIDIA CORPORATION | |
CONDENSED CONSOLIDATED BALANCE SHEETS | |
(In millions) | |
(Unaudited) | |
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January 27, | |
January 28, | |
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2019 | |
2018 | |
ASSETS | | | | | |
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Current assets: | | | | | |
| Cash, cash equivalents and marketable securities | | $ | 7,422 | | $ | 7,108 | |
| Accounts receivable, net | | | 1,424 | | | 1,265 | |
| Inventories | | | 1,575 | | | 796 | |
| Prepaid expenses and other current assets | | | 136 | | | 86 | |
| | Total current assets | | | 10,557 | | | 9,255 | |
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Property and equipment, net | | | 1,404 | | | 997 | |
Goodwill | | | 618 | | | 618 | |
Intangible assets, net | | | 45 | | | 52 | |
Other assets | | | 668 | | | 319 | |
| | Total assets | | $ | 13,292 | | $ | 11,241 | |
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LIABILITIES AND SHAREHOLDERS' EQUITY | |
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Current liabilities: | | | | | |
| Accounts payable | | $ | 511 | | $ | 596 | |
| Accrued and other current liabilities | | | 818 | | | 542 | |
| Convertible short-term debt | | | - | | | 15 | |
| | Total current liabilities | | | 1,329 | | | 1,153 | |
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Long-term debt | | | 1,988 | | | 1,985 | |
Other long-term liabilities | | | 633 | | | 632 | |
| | Total liabilities | | | 3,950 | | | 3,770 | |
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Shareholders' equity | | | 9,342 | | | 7,471 | |
| | Total liabilities and shareholders' equity | | $ | 13,292 | | $ | 11,241 | |
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