NVIDIA Announces Financial Results for Second Quarter Fiscal 2020

 

 
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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