NVIDIA Announces Financial Results for Third Quarter Fiscal 2020


 
NVIDIA CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)
      
      
    October 27,  January 27,
    2019  2019
ASSETS   
      
Current assets:   
 Cash, cash equivalents and marketable securities$9,769 $7,422
 Accounts receivable, net 1,455  1,424
 Inventories 1,047  1,575
 Prepaid expenses and other current assets 149  136
  Total current assets 12,420  10,557
      
Property and equipment, net 1,517  1,404
Operating lease assets 527  -
Goodwill 618  618
Intangible assets, net 43  45
Deferred income tax assets 569  560
Other assets  116     108
    Total assets $ 15,810   $ 13,292
           
LIABILITIES AND SHAREHOLDERS' EQUITY
           
Current liabilities:      
  Accounts payable $ 591   $ 511
  Accrued and other current liabilities   884     818
    Total current liabilities   1,475     1,329
           
Long-term debt   1,990     1,988
Long-term operating lease liabilities   469     -
Other long-term liabilities   662     633
    Total liabilities   4,596     3,950
           
Shareholders' equity   11,214     9,342
    Total liabilities and shareholders' equity $ 15,810   $ 13,292
           

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