CADENCE DESIGN SYSTEMS, INC. CDNS Balance Sheet

Cadence design systems, inc. (CDNS)

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	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current Assets:
Cash and Cash Equivalents, at Carrying Value
946	705	655	633	538	533	544	819	746	688	678	655	544	465	524	669	810	616	616	647	887	932	500	557	532	536	620	577	810	726	649	661	659	601	696	665	612	557	509	475	569
Short-term investments
-	-	-	-	-	-	5	5	5	-	4	3	3	3	8	34	96	94	95	96	92	90	94	97	97	96	96	101	100	100	95	51	3	3	2	3	10	12	2	2	2
Receivables, net
284	304	274	237	264	297	240	219	225	190	170	153	180	157	152	156	147	164	133	131	133	122	107	101	106	107	101	92	75	97	123	123	79	136	152	150	172	191	202	191	200
Inventories
60	55	66	49	37	28	30	28	30	33	36	31	30	39	64	61	56	56	57	62	54	56	61	58	55	50	45	38	37	36	34	41	41	43	47	44	43	39	28	23	24
2015 notes hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	429	523	452	455	369	306	292	335	315	303	287	219	257	215	-	222	-	0	-	-	-
Prepaid expenses and other
108	103	53	58	76	92	66	56	61	68	42	39	41	37	42	39	41	31	139	129	135	126	134	143	136	123	117	120	122	127	60	61	69	64	59	79	83	78	79	71	54
Total current assets
1,399	1,169	1,049	979	917	951	888	1,129	1,069	979	931	883	800	702	792	962	1,152	964	1,042	1,067	1,733	1,851	1,351	1,414	1,297	1,221	1,274	1,265	1,461	1,391	1,250	1,158	1,111	1,063	958	1,165	922	879	822	765	850
Property, Plant and Equipment, Net
281	275	259	257	253	252	248	252	249	251	244	249	243	238	240	235	231	228	227	229	225	230	231	239	239	238	241	243	237	244	246	251	257	262	259	267	273	285	290	295	311
Goodwill
778	661	661	662	662	662	661	663	665	666	574	575	574	572	573	573	551	551	552	553	553	553	557	559	478	456	456	457	232	233	233	192	192	192	192	173	159	158	158	158	0
Intangible Assets, Net (Excluding Goodwill)
258	172	185	197	212	225	238	251	264	278	216	229	244	258	273	287	283	296	312	328	344	360	378	395	316	311	323	337	177	184	192	159	166	173	180	178	172	179	185	192	28
Deferred taxes
699	732	-	-	-	154	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term receivables
-	-	1	2	3	-	4	4	9	12	11	13	13	12	14	17	11	4	1	1	3	3	4	5	6	3	3	5	3	7	5	7	7	11	9	10	11	23	28	40	58
Other assets
350	345	504	512	496	222	232	227	226	230	326	316	315	311	298	300	308	299	194	199	201	209	181	170	185	196	257	253	209	225	59	59	58	58	81	78	277	75	220	244	161
2015 Notes Hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	179	0	-	130	-	-	-
Total assets
3,767	3,357	2,662	2,612	2,546	2,468	2,273	2,527	2,486	2,418	2,305	2,267	2,191	2,096	2,194	2,377	2,539	2,345	2,331	2,380	3,062	3,209	2,705	2,785	2,524	2,428	2,557	2,563	2,323	2,287	1,988	1,829	1,794	1,761	1,860	1,874	1,815	1,732	1,705	1,695	1,410
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Revolving credit facility
350	0	0	0	50	100	0	0	45	85	0	0	50	50	50	50	50	0	-	-	-	-	-	100	-	-	50	100	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt
-	-	-	-	-	-	-	299	299	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	293	342	337	333	329	324	463	458	452	447	305	301	297	294	148	433	144	143	-	-	0
2015 notes embedded conversion derivative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	429	523	452	455	369	306	292	335	315	303	287	219	257	215	-	222	-	0	-	-	-
Accounts payable and accrued liabilities
236	316	274	246	235	256	212	243	210	221	199	222	193	239	192	224	195	238	194	202	178	225	205	216	189	216	193	185	156	171	160	153	143	165	140	165	188	216	152	153	150
Current portion of deferred revenue
425	355	344	363	345	352	329	327	310	336	320	322	331	296	288	289	322	298	315	324	324	301	300	301	304	299	297	282	285	295	322	328	312	340	360	362	340	337	308	290	247
Total current liabilities
1,012	672	618	610	631	708	541	870	866	642	520	544	575	585	531	564	567	536	509	527	1,226	1,393	1,296	1,408	1,192	1,148	1,297	1,361	1,210	1,217	1,074	1,002	1,011	1,015	649	1,184	673	697	461	444	397
Long-Term Liabilities:
Long-term portion of deferred revenue
95	73	48	57	51	48	49	46	56	61	57	60	66	66	36	38	38	30	31	36	48	54	42	46	48	52	48	43	41	50	58	58	62	73	88	91	100	85	96	92	92
Long-term debt
346	346	345	345	345	345	345	344	344	644	644	643	643	643	643	643	642	343	348	348	348	348	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	136	135	133	131	420	128	411	406	548	541	436
2015 Notes Embedded Conversion Derivative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	179	0	-	130	-	-	-
Other long-term liabilities
155	162	169	168	152	77	80	77	77	81	72	67	64	59	56	56	55	59	56	70	75	79	82	70	69	71	115	117	51	104	130	131	126	128	145	138	333	135	304	454	376
Total long-term liabilities
597	581	562	571	549	471	474	469	478	787	774	771	774	769	735	738	737	433	436	456	472	482	125	117	117	124	163	160	92	154	325	324	322	334	834	358	844	757	948	1,088	904
Commitments and contingencies
-	-	-	-	-	-	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	-	0	0	-	0	-	-	-
Stockholders' Equity:
Preferred stock – $0.01 par value; authorized 400 shares, none issued or outstanding
-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0
Common stock and capital in excess of par value
2,099	2,046	2,007	1,984	1,944	1,936	1,897	1,861	1,858	1,829	1,807	1,848	1,824	1,820	1,801	1,851	1,844	1,863	1,853	1,886	1,869	1,851	1,820	1,812	1,785	1,757	1,739	1,744	1,727	1,721	1,711	1,741	1,735	1,733	1,713	1,725	1,716	1,715	1,706	1,708	1,674
Treasury stock, at cost
1,778	1,668	1,589	1,526	1,446	1,395	1,292	1,234	1,222	1,178	1,142	1,156	1,166	1,190	963	800	587	400	307	256	219	203	169	154	147	140	141	168	175	200	207	266	269	290	294	330	332	353	353	370	431
Retained earnings
1,883	1,761	1,102	1,000	893	772	674	574	499	341	355	274	205	136	98	33	-15	-73	-154	-231	-290	-326	-391	-428	-452	-485	-523	-561	-570	-649	-962	-1,018	-1,053	-1,083	-1,092	-1,114	-1,139	-1,138	-1,100	-1,215	-1,177
Accumulated other comprehensive loss
-46	-36	-39	-27	-26	-24	-22	-13	5	-3	-10	-14	-22	-25	-9	-9	-7	-12	-6	-0	3	12	25	32	28	24	20	26	37	43	46	45	48	50	50	50	52	53	42	40	43
Stockholders' Equity Attributable to Parent
2,157	2,102	1,480	1,430	1,365	1,288	1,257	1,187	1,142	989	1,010	951	840	741	926	1,075	1,234	1,376	1,384	1,397	1,363	1,333	1,284	1,260	1,214	1,156	1,096	1,040	1,019	915	588	502	460	411	376	331	297	276	295	162	108
Total liabilities and stockholders’ equity
3,767	3,357	2,662	2,612	2,546	2,468	2,273	2,527	2,486	2,418	2,305	2,267	2,191	2,096	2,194	2,377	2,539	2,345	2,331	2,380	3,062	3,209	2,705	2,785	2,524	2,428	2,557	2,563	2,323	2,287	1,988	1,829	1,794	1,761	1,860	1,874	1,815	1,732	1,705	1,695	1,410