NVIDIA Announces Financial Results for Second Quarter Fiscal 2020
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NVIDIA CORPORATION | |
CONDENSED CONSOLIDATED BALANCE SHEETS | | (In millions) | | (Unaudited) | | | | | | | | | | | | | | | | | | | | | |
July 28, | |
January 27, | | | | | | |
2019 | | | |
2019 | | |
ASSETS | | | | | | | | | | | | | | Current assets: | | | | | | | Cash, cash equivalents and marketable securities | | $ | 8,475 | | | $ | 7,422 | | | | Accounts receivable, net | | | 1,561 | | | | 1,424 | | | | Inventories | | | 1,204 | | | | 1,575 | | | | Prepaid expenses and other current assets | | | 151 | | | | 136 | | | | | Total current assets | | | 11,391 | | | | 10,557 | | | | | | | | | | | Property and equipment, net | | | 1,484 | | | | 1,404 | | | Operating lease assets | | | 535 | | | | - | | | Goodwill | | | 618 | | | | 618 | | | Intangible assets, net | | | 49 | | | | 45 | | | Deferred income tax assets | | | 588 | | | | 560 | | | Other assets | | | 110 | | | | 108 | | | | | Total assets | | $ | 14,775 | | | $ | 13,292 | | | | | | | | | | |
LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | | | Current liabilities: | | | | | | | Accounts payable | | $ | 437 | | | $ | 511 | | | | Accrued and other current liabilities | | | 880 | | | | 818 | | | | | Total current liabilities | | | 1,317 | | | | 1,329 | | | | | | | | | | | Long-term debt | | | 1,989 | | | | 1,988 | | | Long-term operating lease liabilities | | | 483 | | | | - | | | Other long-term liabilities | | | 650 | | | | 633 | | | | | Total liabilities | | | 4,439 | | | | 3,950 | | | | | | | | | | | Shareholders' equity | | | 10,336 | | | | 9,342 | | | | | Total liabilities and shareholders' equity | | $ | 14,775 | | | $ | 13,292 | | | | | | | | | |
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