ARRIS International plc ARRS Balance Sheet

Arris international plc (ARRS)

Balance Sheet / Yearly

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	Dec'14
ASSETS
Current assets:
Cash and cash equivalents
729	480	501	506	487	1,379	1,346	1,126	980	1,031	870	659	863	-	565
Short-term investments, at fair value
5	39	46	36	23	33	38	90	115	67	21	17	15	-	126
Total cash, cash equivalents and short-term investments
735	520	548	543	511	1,413	1,384	1,216	1,095	1,099	892	676	879	-	692
Accounts receivable (net of allowances for doubtful accounts of $7,442 in 2018 and $10,230 in 2017)
1,225	1,117	1,183	1,008	1,218	1,056	991	1,069	1,359	1,104	1,053	972	651	-	598
Other receivables
222	235	192	169	157	145	132	57	73	45	55	31	12	-	10
Unbilled receivables
-	-	-	26	-	-	-	-	-	-	-	-	-	-	-
Inventories (net of reserves of $63,581 in 2018 and $69,459 in 2017)
740	717	803	849	825	775	657	556	551	598	647	662	401	-	401
Prepaid income taxes
17	17	10	26	28	41	16	21	51	30	29	22	25	-	11
Prepaids
26	34	40	36	26	27	32	27	21	30	39	37	19	-	27
Current deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	113
Other current assets
144	201	196	172	145	109	119	132	127	140	136	123	120	0	55
Total current assets
3,112	2,843	2,973	2,832	2,913	3,569	3,334	3,082	3,280	3,049	2,855	2,526	2,110	0	1,910
Property, plant and equipment (net of accumulated depreciation of $391,177 in 2018 and $367,954 in 2017)
287	289	299	309	372	347	355	354	353	352	367	369	312	-	366
Goodwill
2,240	2,261	2,259	2,336	2,278	2,016	2,014	2,018	2,016	2,083	2,089	2,068	1,013	-	936
Intangible assets (net of accumulated amortization of $1,988,963 in 2018 and $1,599,573 in 2017)
1,403	1,488	1,580	1,583	1,771	1,406	1,491	1,586	1,677	1,772	1,902	2,036	810	-	943
Investments
45	71	69	69	71	73	61	65	72	80	77	72	69	-	77
Deferred income taxes
175	155	146	131	115	193	199	190	298	269	224	221	185	-	71
Other assets
62	76	72	103	101	57	54	58	59	43	21	18	21	-	35
Deferred costs for future issuance of ordinary shares (see note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	2	-
Deferred debt issuance costs (see note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	10	-
Total assets
7,327	7,186	7,401	7,366	7,624	7,664	7,510	7,354	7,758	7,651	7,539	7,313	4,523	13	4,341
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
1,288	1,100	1,125	1,010	1,206	1,266	1,201	1,020	1,048	1,010	1,016	818	514	-	480
Accrued compensation, benefits and related taxes
141	146	140	113	155	102	81	73	139	123	97	97	111	-	145
Accrued warranty
36	40	38	42	44	45	44	46	49	56	66	58	27	-	42
Deferred revenue
111	115	123	143	115	118	130	145	132	160	147	144	137	-	92
Current portion of long-term debt and financing lease obligation
83	83	83	83	83	89	89	82	82	82	94	94	43	-	67
Income taxes payable
2	4	2	4	6	4	9	20	23	1	2	65	8	-	10
Other accrued liabilities
302	356	361	316	321	327	303	300	357	317	262	248	169	-	165
Total current liabilities
1,967	1,848	1,875	1,714	1,933	1,952	1,860	1,688	1,834	1,753	1,687	1,527	1,012	0	1,003
Long-term debt and financing lease obligation, net of current portion
2,032	2,053	2,074	2,095	2,116	2,112	2,134	2,159	2,180	2,200	2,221	2,242	1,496	-	1,448
Accrued pension
25	32	31	43	42	54	55	54	52	51	55	55	64	-	64
Noncurrent deferred revenue
58	58	58	56	54	-	-	-	-	-	-	-	-	-	-
Noncurrent income taxes
119	112	120	159	144	115	114	120	123	109	84	68	42	-	41
Deferred income taxes
46	60	62	68	68	83	83	89	223	337	348	385	0	-	0
Other noncurrent liabilities
71	67	68	71	80	118	120	112	117	138	138	126	66	-	91
Total liabilities
4,322	4,233	4,292	4,209	4,440	4,437	4,368	4,225	4,531	4,591	4,536	4,406	2,682	0	2,650
Stockholders' equity:
Preferred stock, par value $1.00 per share, 5.0 million shares authorized; none issued and outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Ordinary shares, nominal value £0.01 per share, 174.0 million and 185.2 million shares issued and outstanding in 2018 and 2017, respectively
2	2	-	-	2	2	2	2	-	-	-	-	-	0	1
Redeemable shares (see note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Capital in excess of par value
3,468	3,439	3,424	3,392	3,387	3,367	3,356	3,322	3,314	3,259	3,227	3,204	1,777	13	1,739
Treasury stock at cost, 35.1 million shares in 2015
-	-	-	-	-	-	-	-	-	-	-	-	331	-	306
Accumulated deficit
-466	-494	-329	-266	-225	-188	-256	-243	-132	-220	-240	-324	358	-0	266
Accumulated other comprehensive (loss) income
-13	-8	-4	12	4	8	2	10	3	-21	-28	-20	-12	-	-11
Total ARRIS International plc stockholders' equity
2,991	2,938	3,093	3,141	3,168	3,191	3,104	3,093	3,188	3,020	2,961	2,862	1,793	13	1,690
Stockholders' equity attributable to noncontrolling interest
14	14	16	15	15	36	37	35	37	40	42	44	47	-	-
Total stockholders' equity
3,005	2,953	3,109	3,157	3,184	3,227	3,142	3,129	3,226	3,060	3,003	2,906	1,840	-	1,690
Total liabilities and stockholders' equity
7,327	7,186	7,401	7,366	7,624	7,664	7,510	7,354	7,758	7,651	7,539	7,313	4,523	13	4,341