Autodesk, Inc. | |||||||
Condensed Consolidated Balance Sheets | |||||||
(In millions) | |||||||
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| July 31, 2021 |
| January 31, 2021 | ||||
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| (Unaudited) | ||||||
ASSETS |
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Current assets: |
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Cash and cash equivalents | $ | 923.5 |
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| $ | 1,772.2 |
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Marketable securities | 1.4 |
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| 4.0 |
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Accounts receivable, net | 357.8 |
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| 643.1 |
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Prepaid expenses and other current assets | 263.3 |
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| 206.2 |
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Total current assets | 1,546.0 |
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| 2,625.5 |
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Computer equipment, software, furniture and leasehold improvements, net | 198.3 |
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| 192.8 |
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Operating lease right-of-use assets | 384.3 |
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| 416.7 |
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Intangible assets, net (1) | 511.3 |
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| 199.3 |
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Goodwill | 3,562.2 |
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| 2,706.5 |
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Deferred income taxes, net | 739.6 |
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| 763.1 |
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Long-term other assets (1) | 478.9 |
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| 375.9 |
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Total assets | $ | 7,420.6 |
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| $ | 7,279.8 |
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LIABILITIES AND STOCKHOLDERS' EQUITY |
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Current liabilities: |
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Accounts payable | $ | 108.4 |
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| $ | 122.5 |
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Accrued compensation | 216.5 |
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| 322.6 |
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Accrued income taxes | 21.9 |
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| 42.6 |
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Deferred revenue | 2,521.0 |
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| 2,500.9 |
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Operating lease liabilities | 87.7 |
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| 71.4 |
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Other accrued liabilities | 131.9 |
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| 194.7 |
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Total current liabilities | 3,087.4 |
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| 3,254.7 |
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Long-term deferred revenue | 779.4 |
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| 859.3 |
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Long-term operating lease liabilities | 358.9 |
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| 396.0 |
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Long-term income taxes payable | 21.1 |
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| 15.9 |
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| Long-term deferred income taxes | 60.4 |
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| 11.4 |
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| Long-term notes payable, net | 1,638.4 |
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| 1,637.2 |
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| Long-term other liabilities | 147.2 |
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| 139.8 |
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| Stockholders' equity: |
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| Common stock and additional paid-in capital | 2,780.7 |
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| 2,578.9 |
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| Accumulated other comprehensive loss | (113.4) |
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| (125.9) |
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| Accumulated deficit | (1,339.5) |
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| (1,487.5) |
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| Total stockholders' equity | 1,327.8 |
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| 965.5 |
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| Total liabilities and stockholders' equity | $ | 7,420.6 |
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| $ | 7,279.8 |
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| ____________________ | |
| (1) | During the quarter ended July 31, 2021, the Company changed its presentation on the Condensed Consolidated Balance Sheet for intangible assets. These amounts were previously presented in "Developed technologies, net" and "Long-term other assets" and are now presented as "Intangible assets, net". Accordingly, prior period amounts have been reclassified to conform to the current period presentation. This presentation change did not impact "Total assets" on the Condensed Consolidated Balance Sheets and had no impact on the Company's Condensed Consolidated Statements of Operations, and Condensed Consolidated Statements of Cash Flows. |
