Arista Networks, Inc. ANET Balance Sheet

Arista networks, inc. (ANET)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Dec'13
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
761	1,111	1,095	944	809	649	524	711	886	859	854	823	746	567	500	531	710	687	418	342	275	240	408	397	113
Marketable securities
1,875	1,613	1,351	1,313	1,341	1,306	1,137	1,149	851	676	488	301	296	299	299	292	51	0	150	208	209	209	-	-	0
Accounts receivable, net of rebates and allowances of $6,061 and $6,160, respectively
352	391	447	343	271	331	322	260	207	247	212	269	209	253	210	146	135	144	160	122	113	96	84	67	77
Inventory, Net
261	243	239	314	347	264	216	245	268	306	333	363	286	236	162	118	84	92	109	100	91	78	62	71	67
Deferred tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	12	9	12	8	8	12
Prepaid Expense and Other Assets, Current
85	111	106	113	131	162	235	253	165	177	186	190	197	168	151	53	41	50	62	63	37	42	16	9	7
Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4
Notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	8	-
Total current assets
3,336	3,471	3,240	3,028	2,900	2,714	2,436	2,620	2,379	2,266	2,075	1,949	1,736	1,526	1,324	1,142	1,023	974	921	850	736	679	588	562	282
Property, Plant and Equipment, Net
37	39	40	41	41	75	75	73	73	74	73	75	76	76	78	79	79	79	75	73	72	71	66	68	67
Acquisition-related intangible assets, net
89	45	48	51	55	58	62	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
84	54	54	53	53	53	55	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments
4	4	4	31	31	30	35	35	36	36	36	36	36	36	36	39	36	36	36	36	36	36	-	-	0
Operating lease right-of-use assets
83	87	91	94	98	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets
448	452	110	113	126	126	114	82	68	65	95	81	70	70	62	55	50	48	19	13	12	11	8	7	4
Other Long-term Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Other assets
27	30	29	27	25	22	20	20	22	18	21	20	19	18	18	18	20	20	20	17	17	11	27	3	10
TOTAL ASSETS
4,111	4,185	3,619	3,441	3,332	3,081	2,798	2,832	2,580	2,460	2,301	2,162	1,939	1,729	1,519	1,334	1,209	1,159	1,072	990	875	811	691	642	364
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable
84	92	78	86	89	93	85	53	70	52	32	80	60	79	77	60	24	43	31	43	29	32	19	20	20
Accrued liabilities
100	140	128	113	104	123	103	86	85	133	94	84	75	90	77	55	46	60	58	43	28	40	32	28	21
Deferred revenue
332	312	291	272	304	358	318	262	274	327	423	426	383	273	191	138	135	122	124	107	81	60	40	37	41
Accrued legal settlement (Note 10)
-	-	-	-	-	-	-	405	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible notes payable, related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	24
Accrued interest payable, related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	4
Convertible notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	74
Accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	12
Other current liabilities
55	52	49	52	44	30	32	19	26	16	16	19	12	15	9	9	7	8	9	8	8	11	9	11	10
Total current liabilities
573	597	548	525	543	606	539	826	457	529	567	610	532	459	355	263	214	235	224	202	148	144	101	97	209
Income taxes payable
58	55	60	45	37	36	42	40	37	34	22	19	17	14	11	16	14	14	11	17	17	17	15	15	14
Operating lease liabilities, non-current
78	83	87	89	93	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities, non-current
-	-	0	0	0	35	36	36	37	37	38	38	39	39	40	40	40	41	41	41	42	42	42	43	43
Deferred revenue, non-current
264	262	237	229	231	228	211	186	181	187	141	127	113	99	93	91	83	74	65	57	50	46	-	-	17
Deferred tax liabilities, non-current
250	254	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
38	37	30	25	25	28	23	22	21	9	7	7	8	7	6	6	6	6	6	5	5	4	39	25	1
TOTAL LIABILITIES
1,263	1,290	963	915	932	938	852	1,112	734	798	777	805	711	621	507	418	360	371	349	325	264	255	198	181	286
Commitments and contingencies (Note 6)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of March 31, 2020 and December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 75,655 and 76,389 shares issued and outstanding as of March 31, 2020 and December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
1,149	1,106	1,076	1,038	1,005	956	929	872	841	804	770	737	711	674	636	592	564	537	516	487	456	426	394	384	28
Retained earnings
1,698	1,788	1,579	1,484	1,395	1,190	1,020	851	1,007	859	755	621	518	435	376	325	286	250	206	178	154	129	98	76	42
Accumulated other comprehensive income (loss)
0	0	0	2	-0	-3	-4	-4	-3	-1	-1	-1	-1	-1	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	0
Stockholders' Equity Attributable to Parent
2,848	2,894	2,656	2,525	2,400	2,143	1,945	1,719	1,845	1,661	1,524	1,357	1,228	1,107	1,011	916	849	788	723	665	610	555	492	461	77
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
4,111	4,185	3,619	3,441	3,332	3,081	2,798	2,832	2,580	2,460	2,301	2,162	1,939	1,729	1,519	1,334	1,209	1,159	1,072	990	875	811	691	642	364