Broadcom Inc. Announces First Quarter Fiscal Year 2020 Financial Results, Quarterly Dividend and Updated Guidance

 

 

BROADCOM INC.

CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED

(IN MILLIONS)















February 2,


November 3,




2020


2019








ASSETS












Current assets:






Cash and cash equivalents


$              6,444


$              5,055


Trade accounts receivable, net


3,651


3,259


Inventory


944


874


Other current assets


1,070


729








Total current assets


12,109


9,917








Long-term assets:






Property, plant and equipment, net


2,616


2,565


Goodwill


43,472


36,714


Intangible assets, net


21,465


17,554


Other long-term assets


1,344


743








Total assets


$            81,006


$            67,493














LIABILITIES AND EQUITY












Current liabilities:






Accounts payable


$                 985


$                 855


Employee compensation and benefits


435


641


Current portion of long-term debt


2,311


2,787


Other current liabilities


4,008


2,616








Total current liabilities


7,739


6,899








Long-term liabilities:






Long-term debt


42,407


30,011


Other long-term liabilities


6,464


5,613








Total liabilities


56,610


42,523














Preferred stock dividend obligation


28


29








Stockholders' equity:






Preferred stock


-


-


Common stock


-


-


Additional paid-in capital


24,500


25,081


Retained earnings


-


-


Accumulated other comprehensive loss


(132)


(140)








Total stockholders' equity


24,368


24,941








  Total liabilities and equity


$            81,006


$            67,493



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