PALO ALTO NETWORKS, INC PANW Balance Sheet

Palo alto networks, inc (PANW)

Balance Sheet / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12
Assets
Current assets:
Cash and cash equivalents
2,000	1,263	961	1,314	1,127	1,784	2,506	949	915	842	744	692	761	839	734	550	413	275	375	454	342	543	653	234	261	266	310	213	187	174	322
Short-term investments
1,133	1,597	1,841	1,733	1,702	1,419	896	672	720	660	630	680	593	550	551	537	551	485	413	368	332	227	118	133	176	170	109	148	149	147	0
Accounts receivable, net of allowance for doubtful accounts of $1.0 and $0.8 at October 31, 2019 and July 31, 2019, respectively
540	499	582	407	415	382	467	361	365	350	432	364	386	346	348	267	254	196	212	150	135	116	135	114	86	91	87	91	68	56	45
Prepaid expenses and other current assets
304	289	279	261	242	229	268	222	209	185	169	159	139	129	139	91	88	82	72	67	51	45	50	33	30	24	22	19	20	16	13
Total current assets
3,978	3,649	3,664	3,717	3,487	3,815	4,138	2,205	2,210	2,039	1,976	1,895	1,880	1,865	1,774	1,446	1,307	1,039	1,074	1,040	861	933	958	516	555	552	529	472	426	394	381
Property and equipment, net
311	316	296	275	273	276	273	264	264	256	211	192	154	125	117	100	92	76	62	59	52	49	48	48	45	42	32	29	25	22	20
Operating lease right-of-use assets
270	282	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term investments
317	467	575	669	808	565	547	592	722	777	789	719	790	708	652	682	631	694	538	408	463	289	201	103	63	33	17	29	30	20	0
Goodwill
1,511	1,400	1,352	1,027	636	636	522	522	238	238	238	238	163	163	163	163	163	163	163	155	155	155	155	155	-	-	0	-	-	-	-
Intangible Assets, Net (Excluding Goodwill)
290	284	280	234	171	186	140	147	48	51	53	56	39	41	44	46	48	51	52	43	45	47	47	49	-	-	1	-	-	-	-
Other assets
504	423	423	337	330	321	326	175	143	122	169	148	146	102	106	67	73	68	73	76	93	65	66	6	24	11	5	6	6	6	5
Total assets
7,184	6,824	6,592	6,261	5,707	5,801	5,948	3,908	3,627	3,486	3,438	3,250	3,174	3,006	2,858	2,507	2,316	2,094	1,965	1,784	1,672	1,540	1,478	880	689	639	585	538	490	444	407
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable
55	74	73	68	27	43	49	32	33	38	35	33	28	29	30	24	32	17	13	14	14	10	14	24	10	15	15	12	10	10	9
Accrued compensation
175	125	235	144	143	99	163	95	113	74	117	76	78	59	73	56	71	52	79	53	53	35	48	29	29	23	22	19	24	16	11
Accrued and other liabilities
251	192	162	178	171	163	124	106	83	80	79	60	58	48	39	45	44	38	28	28	23	27	25	150	20	17	14	15	16	14	15
Deferred revenue
1,757	1,658	1,582	1,449	1,369	1,269	1,213	1,165	1,088	1,017	968	885	828	758	703	610	541	477	423	365	324	286	259	231	202	171	153	133	117	101	86
Convertible senior notes, net
-	-	-	158	156	239	550	543	537	531	0	-	-	506	-	502	497	492	487	481	-	-	0	-	-	-	-	-	-	-	-
Total current liabilities
2,239	2,051	2,053	1,998	1,868	1,815	2,101	1,943	1,856	1,743	1,201	1,054	993	1,400	846	1,239	1,186	1,078	1,032	944	415	360	348	435	262	228	206	182	168	142	122
Convertible senior notes, net
1,461	1,445	1,430	1,414	1,399	1,384	1,369	0	0	0	524	518	512	0	500	-	-	-	0	0	476	471	466	-	-	-	0	-	-	-	-
Long-term deferred revenue
1,440	1,357	1,306	1,182	1,156	1,114	1,065	989	907	846	805	726	670	601	536	458	387	327	289	238	211	184	162	136	122	107	95	85	70	58	49
Long-term operating lease liabilities
353	371	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
80	82	216	211	208	226	229	226	196	192	147	137	127	85	79	78	72	62	67	54	53	30	32	36	19	14	11	7	6	6	7
Commitments and contingencies (Note 11)
-	-	-	-	-	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
Temporary equity
-	-	-	1	2	6	21	27	33	39	0	-	-	61	-	72	77	82	87	93	-	-	0	-	-	-	-	-	-	-	-
Stockholders’ equity:
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at October 31, 2019 and July 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	0	0	0	0	0	0
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 97.6 and 96.8 shares issued and outstanding at October 31, 2019 and July 31, 2019, respectively
2,644	2,477	2,490	2,340	1,941	2,129	1,967	1,717	1,575	1,573	1,599	1,615	1,613	1,542	1,515	1,330	1,195	1,083	988	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	908	924	859	804	575	441	406	381	357	329	319	309
Accumulated other comprehensive loss
-1	-0	-3	-7	-9	-19	-16	-13	-7	-7	-3	-4	-5	-1	1	0	-0	-0	-0	0	0	-0	-0	0	0	0	-0	0	-0	-0	0
Accumulated deficit
-1,034	-960	-900	-880	-859	-857	-790	-982	-935	-900	-836	-798	-737	-683	-621	-672	-601	-539	-500	-454	-408	-365	-335	-303	-157	-117	-109	-93	-86	-83	-80
Total stockholders’ equity
1,608	1,516	1,586	1,453	1,071	1,253	1,160	722	633	665	759	813	870	856	894	659	592	543	487	454	516	493	468	271	284	289	272	263	243	235	229
Total liabilities and stockholders’ equity
7,184	6,824	6,592	6,261	5,707	5,801	5,948	3,908	3,627	3,486	3,438	3,250	3,174	3,006	2,858	2,507	2,316	2,094	1,965	1,784	1,672	1,540	1,478	880	689	639	585	538	490	444	407