Juniper Networks, Inc. (JNPR) Financial Statements (2024 and earlier)

Company Profile

Business Address 1133 INNOVATION WAY
SUNNYVALE, CA 94089
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3576 - Computer Communications Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0901,2381,7741,9543,5593,033
Cash and cash equivalents8809231,3621,2162,4892,007
Short-term investments2103164127381,0701,026
Receivables1,227994964880755852
Inventory, net of allowances, customer advances and progress billings619273222948298
Inventory619273222948298
Prepaid expense104     
Other current assets141     
Other undisclosed current assets435452311282186202
Total current assets:3,6172,9573,2713,2104,5824,185
Noncurrent Assets
Operating lease, right-of-use asset142161185170
Property, plant and equipment6677037628319521,021
Long-term investments and receivables140456657590199988
Long-term investments140456657590199988
Intangible assets, net (including goodwill)3,8954,0463,9363,5233,2273,224
Goodwill3,7343,7623,6703,3373,1093,096
Intangible assets, net (excluding goodwill)161284267186119128
Restricted cash and investments      36
Other noncurrent assets867564567515404379
Total noncurrent assets:5,7105,9306,1075,6284,7825,649
TOTAL ASSETS:9,3278,8879,3788,8389,3639,834
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities654610548449430404
Employee-related liabilities336271229221186
Accounts payable347274277220209218
Accrued liabilities306     
Deferred revenue1,021938867813
Debt   422 350 
Deferred revenue and credits1,030
Contract with customer, liability829
Other liabilities405329325283234304
Total current liabilities:2,0791,8772,1611,5441,8431,738
Noncurrent Liabilities
Long-term debt and lease obligation1,6011,8291,8691,8421,789 
Long-term debt, excluding current maturities1,6011,6871,7061,6841,789 
Liabilities, other than long-term debt1,1718658048419091,278
Deferred revenue and credits509
Accounts payable and accrued liabilities279331313373404651
Deferred revenue643476419411
Contract with customer, liability384
Other liabilities132587358120119
Operating lease, liability118142164158
Other undisclosed noncurrent liabilities      2,136
Total noncurrent liabilities:2,7732,6942,6742,6832,6983,415
Total liabilities:4,8524,5704,8354,2274,5405,153
Equity
Equity, attributable to parent4,4754,3174,5444,6114,8234,681
Additional paid in capital6,8466,9737,1577,3717,6738,042
Accumulated other comprehensive income (loss)4(2)56(19)(18)(5)
Accumulated deficit(2,376)(2,654)(2,669)(2,741)(2,831)(3,356)
Total equity:4,4754,3174,5444,6114,8234,681
TOTAL LIABILITIES AND EQUITY:9,3278,8879,3788,8389,3639,834

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues5,3014,7354,4454,4454,6485,027
Revenue, net5,027
Cost of revenue
(Cost of Goods and Services Sold)
(2,343)(1,995)(1,871)(1,829)(1,906)(1,955)
Gross profit:2,9582,7402,5742,6172,7413,072
Operating expenses(2,439)(2,353)(2,221)(2,175)(2,169)(2,224)
Operating income:519388353442572848
Nonoperating expense(29)(17)(33)(28)(40)(36)
Investment income, nonoperating283350756568
Other nonoperating income (expense)22(6)1(2)(3)
Interest and debt expense(59)(61)(55)(15)(103)(101)
Other undisclosed income from continuing operations before equity method investments, income taxes104     
Income from continuing operations before equity method investments, income taxes:536310265399430711
Loss from equity method investments(5)     
Other undisclosed income (loss) from continuing operations before income taxes   15103101
Income from continuing operations before income taxes:532310265414533812
Income tax expense (benefit)(61)(57)(7)(69)34(506)
Income from continuing operations:471253258345567306
Income before gain (loss) on sale of properties:253258345567306
Net income:471253258345567306
Other undisclosed net income attributable to parent      
Net income available to common stockholders, diluted:471253258345567306

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:471253258345567306
Other comprehensive income (loss) (26)(29)74(0)(19)32
Other undisclosed comprehensive loss      
Comprehensive income:445224332345548338
Other undisclosed comprehensive income (loss), net of tax, attributable to parent32(29)    
Comprehensive income, net of tax, attributable to parent:477195332345548338

Statements Sources

The financial statements are based on the Company's filings with 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: