Symantec Corporation (SYMC) financial statements (2021 and earlier)

Company profile

Business Address 60 E RIO SALADO PARKWAY
TEMPE, AZ 85281
State of Incorp. DE
Fiscal Year End March 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12,7682,0432,1624,2476,0253,8914,084
Cash and cash equivalents12,6491,7911,7744,2475,9832,8743,707
Short-term investments119252388 421,017377
Receivables1717088096495569931,007
Inventory, net of allowances, customer advances and progress billings      14
Inventory      14
Deferred costs     131 
Disposal group, including discontinued operation8      
Assets held-for-sale, not part of disposal group213    
Other current assets411435522428378255290
Other undisclosed current assets     152257
Total current assets:13,5713,1863,4935,3246,9595,4225,652
Noncurrent Assets
Operating lease, right-of-use asset107
Property, plant and equipment3657907789379571,2051,116
Long-term investments and receivables   158157  
Long-term investments   158157  
Intangible assets, net (including goodwill)3,79510,70010,96211,6313,5916,4756,626
Goodwill2,6768,4508,3198,6273,1485,8475,858
Intangible assets, net (excluding goodwill)1,1192,2502,6433,004443628768
Deferred costs     26 
Other noncurrent assets7091,262526124103105124
Other undisclosed noncurrent assets      21
Total noncurrent assets:4,97612,75212,26612,8504,8087,8117,887
TOTAL ASSETS:18,54715,93815,75918,17411,76713,23313,539
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2884224304821,335611647
Accounts payable157165168180175213282
Employee-related liabilities131257262272219398365
Taxes payable   30941  
Deferred revenue1,019
Debt781491 1,310 350 
Disposal group, including discontinued operation21      
Deferred revenue and credits2,3682,3532,2793,1093,322
Contract with customer, liability2,320
Other liabilities2,604533372477419383337
Total current liabilities:4,7133,7663,1704,6224,0334,4534,306
Noncurrent Liabilities
Long-term debt and lease obligation3,8113,9615,0266,8762,2071,7462,095
Long-term debt, excluding current maturities3,7193,9615,0266,8762,2071,7462,095
Operating lease, liability92
Liabilities, other than long-term debt1,3461,8961,9483,1891,8511,0991,341
Deferred revenue and credits735434359555581
Accounts payable and accrued liabilities1,0861,0761,126    
Deferred revenue28
Contract with customer, liability736
Deferred tax liabilities, net  2,4011,235308425
Deferred income tax liabilities165
Liability for uncertainty in income taxes   251160134252
Other liabilities6784871039710283
Other undisclosed noncurrent liabilities 577592    
Total noncurrent liabilities:5,1576,4347,56610,0654,0582,8453,436
Total liabilities:9,87010,20010,73614,6878,0917,2987,742
Stockholders' equity
Stockholders' equity attributable to parent, including:8,6775,7385,0233,4873,6765,9355,797
Common stock     77
Additional paid in capital     6,0946,744
Accumulated other comprehensive income (loss)12(7)41222104194
Retained earnings (accumulated deficit)3,812933328(761)(655)(270)(1,148)
Other undisclosed stockholders' equity attributable to parent4,8534,8124,6914,2364,309  
Total stockholders' equity:8,6775,7385,0233,4873,6765,9355,797
TOTAL LIABILITIES AND EQUITY:18,54715,93815,75918,17411,76713,23313,539

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

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues3,6624,7314,8344,0193,6006,5086,676
Revenue, net 4,0193,6006,508716
Cost of revenue(754)(1,050)(1,032)(853)(615)(1,153)(1,149)
Deferred sales inducement cost, amortization expense      195
Gross profit:2,9083,6813,8023,1662,9855,3555,527
Operating expenses(2,479)(3,301)(3,753)(3,266)(2,528)(4,206)(4,344)
Operating income (loss):42938049(100)4571,1491,183
Nonoperating income (expense)404(64)64446102063
Investment income, nonoperating435 65321101212
Other nonoperating income (expense)(5)(64)(9)25 1145
Interest and debt expense(197)(208)(256)(208)(75)(79)(84)
Income (loss) from continuing operations before equity method investments, income taxes:636108437(262)3921,0901,162
Loss from equity method investments(11)      
Other undisclosed income from continuing operations before income taxes     3 
Income (loss) from continuing operations before income taxes:625108437(262)3921,0931,162
Income tax expense (benefit)(181)(92)69026(1,213)(215)(258)
Income (loss) before gain (loss) on sale of properties:444161,127(236)(821)878904
Other undisclosed net loss      (6)
Net income (loss):444161,127(236)(821)878898
Other undisclosed net income attributable to parent3,24615111303,309  
Net income (loss) available to common stockholders, diluted:3,690311,138(106)2,488878898

Comprehensive Income ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):444161,127(236)(821)878898
Other comprehensive loss     (90)(8)
Comprehensive income (loss):444161,127(236)(821)788890
Comprehensive income, net of tax, attributable to noncontrolling interest1      
Other undisclosed comprehensive income, net of tax, attributable to parent3,271431203,308  
Comprehensive income (loss), net of tax, attributable to parent:3,716201,130(116)2,487788890

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.

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: