Broadcom Inc. Announces Second Quarter Fiscal Year 2020 Financial Results and Quarterly Dividends

 

BROADCOM INC.

CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED

(IN MILLIONS)















May 3,


November 3,




2020


2019








ASSETS












Current assets:






Cash and cash equivalents


$        9,207


$        5,055


Trade accounts receivable, net


3,211


3,259


Inventory


953


874


Other current assets


851


729








Total current assets


14,222


9,917








Long-term assets:






Property, plant and equipment, net


2,618


2,565


Goodwill


43,457


36,714


Intangible assets, net


19,909


17,554


Other long-term assets


1,342


743








Total assets


$      81,548


$      67,493




















LIABILITIES AND EQUITY












Current liabilities:






Accounts payable


$        1,230


$           855


Employee compensation and benefits


494


641


Current portion of long-term debt


819


2,787


Other current liabilities


4,058


2,616








Total current liabilities


6,601


6,899








Long-term liabilities:






Long-term debt


45,044


30,011


Other long-term liabilities


5,933


5,613








Total liabilities


57,578


42,523














Preferred stock dividend obligation


28


29








Stockholders' equity:






Preferred stock


-


-


Common stock


-


-


Additional paid-in capital


24,073


25,081


Retained earnings


-


-


Accumulated other comprehensive loss


(131)


(140)








Total stockholders' equity


23,942


24,941








  Total liabilities and equity


$     81,548


$      67,493



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