NVIDIA Announces Financial Results for First Quarter Fiscal 2020

 

 
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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