NVIDIA Announces Financial Results for First Quarter Fiscal 2020
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NVIDIA CORPORATION | |
CONDENSED CONSOLIDATED BALANCE SHEETS | | (In millions) | | (Unaudited) | | | | | | | | | | | | | | | | | | |
April 28, | |
January 27, | | | | |
2019 | |
2019 | |
ASSETS | | | | | | | | | | | | Current assets: | | | | | | Cash, cash equivalents and marketable securities | $ | 7,802 | | $ | 7,422 | | | Accounts receivable, net | | 1,242 | | | 1,424 | | | Inventories | | 1,426 | | | 1,575 | | | Prepaid expenses and other current assets | | 159 | | | 136 | | | | Total current assets | | 10,629 | | | 10,557 | | | | | | | | | Property and equipment, net | | 1,473 | | | 1,404 | | Operating lease assets | | 536 | | | - | | Goodwill | | 618 | | | 618 | | Intangible assets, net | | 54 | | | 45 | | Deferred income tax assets | | 601 | | | 560 | | Other assets | | 110 | | | 108 | | | | Total assets | $ | 14,021 | | $ | 13,292 | | | | | | | | |
LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | | Current liabilities: | | | | | | Accounts payable | $ | 368 | | $ | 511 | | | Accrued and other current liabilities | | 815 | | | 818 | | | | Total current liabilities | | 1,183 | | | 1,329 | | | | | | | | | Long-term debt | | 1,988 | | | 1,988 | | Long-term operating lease liabilities | | 486 | | | - | | Other long-term liabilities | | 660 | | | 633 | | | | Total liabilities | | 4,317 | | | 3,950 | | | | | | | | | Shareholders' equity | | 9,704 | | | 9,342 | | | | Total liabilities and shareholders' equity | $ | 14,021 | | $ | 13,292 | | | | | | | |
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