Apple Inc. (AAPL) financial statements (2020 and earlier)

Company profile

Business Address ONE APPLE PARK WAY
CUPERTINO, CA 95014
State of Incorp. CA
Fiscal Year End September 30
SIC 3571 - Electronic Computers (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments100,55725,91374,18167,15541,60125,07740,546
Cash and cash equivalents48,84425,91320,28920,48421,12013,84414,259
Short-term investments51,713 53,89246,67120,48111,23326,287
Receivables45,80448,99535,67329,29930,34327,21913,102
Inventory, net of allowances, customer advances and progress billings4,1063,9564,8552,1322,3492,1111,764
Inventory4,1063,9564,8552,1322,3492,1111,764
Deferred tax assets   5,546  
Other current assets12,35212,08713,9368,2839,5399,8066,882
Other undisclosed current assets 40,388   4,31810,992
Total current assets:162,819131,339128,645106,86989,37868,53173,286
Noncurrent Assets
Property, plant and equipment37,37841,30433,78327,01022,47120,62416,597
Long-term investments and receivables105,341 194,714170,430164,065130,162106,215
Long-term investments105,341 194,714170,430164,065130,162106,215
Intangible assets, net (including goodwill)  8,0158,6209,0098,7585,756
Goodwill  5,7175,4145,1164,6161,577
Intangible assets, net (excluding goodwill)  2,2983,2063,8934,1424,179
Other noncurrent assets32,97822,28310,1628,7575,5563,7645,146
Other undisclosed noncurrent assets 170,799     
Total noncurrent assets:175,697234,386246,674214,817201,101163,308133,714
TOTAL ASSETS:338,516365,725375,319321,686290,479231,839207,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities46,23655,88874,79359,32160,67151,06738,382
Accounts payable46,23655,88849,04937,29435,49030,19622,367
Accrued liabilities  25,74422,02725,18118,45313,856
Employee-related liabilities     1,209959
Taxes payable     1,2091,200
Deferred revenue5,522
Debt16,24020,74818,47311,60510,9996,308 
Deferred revenue and credits7,5488,0808,9409,5488,697
Other liabilities37,72032,687     
Other undisclosed current liabilities 7,543   (3,475)(3,421)
Total current liabilities:105,718116,866100,81479,00680,61063,44843,658
Noncurrent Liabilities
Long-term debt and lease obligation91,80793,73597,20775,42753,463  
Long-term debt, excluding current maturities91,80793,73597,20775,42753,463  
Liabilities, other than long-term debt50,50345,18043,25139,00470,47852,68339,322
Deferred revenue and credits2,8362,9303,6243,0312,625
Accounts payable and accrued liabilities    9,3654,567 
Deferred tax liabilities, net   24,06220,25916,489
Other liabilities50,50345,18040,41536,07433,42724,82620,208
Other undisclosed noncurrent liabilities 2,797  (33,427)4,161471
Total noncurrent liabilities:142,310141,712140,458114,43190,51456,84439,793
Total liabilities:248,028258,578241,272193,437171,124120,29283,451
Stockholders' equity
Stockholders' equity attributable to parent, including:90,488107,147134,047128,249119,355111,547123,549
Common stock      19,764
Accumulated other comprehensive income (loss)(584)(3,454)(150)634(345)1,082(471)
Retained earnings45,89870,40098,33096,36492,28487,152104,256
Other undisclosed stockholders' equity attributable to parent45,17440,20135,86731,25127,41623,313 
Total stockholders' equity:90,488107,147134,047128,249119,355111,547123,549
TOTAL LIABILITIES AND EQUITY:338,516365,725375,319321,686290,479231,839207,000

Income statement (P&L) ($ in millions)

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Revenues260,174265,595229,234215,639233,715182,795170,910
Revenue, net229,234215,639233,715182,795170,910
Cost of revenue
(Cost of Goods and Services Sold)
(161,782)(163,756)(141,048)(131,376)(140,089)(112,258)(106,606)
Gross profit:98,392101,83988,18684,26393,62670,53764,304
Operating expenses(34,462)(30,941)(26,842)(24,239)(22,396)(18,034)(15,305)
Operating income:63,93070,89861,34460,02471,23052,50348,999
Nonoperating income1,8072,0052,7451,3481,2859801,156
Investment income, nonoperating4,9615,6865,2013,9992,9211,7951,616
Other nonoperating income (expense)422(441)(133)(1,195)(903)(431)(324)
Interest and debt expense(3,576)(3,240)(2,323)(1,456)(733)(384)(136)
Income from continuing operations before equity method investments, income taxes:62,16169,66361,76659,91671,78253,09950,019
Other undisclosed income from continuing operations before income taxes3,5763,2402,3231,456733384136
Income from continuing operations before income taxes:65,73772,90364,08961,37272,51553,48350,155
Income tax expense(10,481)(13,372)(15,738)(15,685)(19,121)(13,973)(13,118)
Net income available to common stockholders, diluted:55,25659,53148,35145,68753,39439,51037,037

Comprehensive Income ($ in millions)

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Net income:55,25659,53148,35145,68753,39439,51037,037
Other comprehensive income (loss) (1)(77)979(1,427)1,553(970)
Comprehensive income:55,25659,53048,27446,66651,96741,06336,067
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2,781(3,025)(707)    
Comprehensive income, net of tax, attributable to parent:58,03756,50547,56746,66651,96741,06336,067

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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