Gen Digital Inc
For the period ended Mar 29, 2024. Filed May 16, 2024.
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FY2024 · Filed May 16, 2024
GEN$29.80+0.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except par value per share amounts)
| March 29, 2024 | March 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $846 | $750 |
| Accounts receivable, net | 163 | 168 |
| Other current assets | 334 | 284 |
| Assets held for sale | 15 | 31 |
| Total current assets | 1,358 | 1,233 |
| Property and equipment, net | 72 | 76 |
| Intangible assets, net | 2,638 | 3,097 |
| Goodwill | 10,210 | 10,217 |
| Other long-term assets | 1,494 | 1,324 |
| Total assets | $15,772 | $15,947 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable | $66 | $77 |
| Accrued compensation and benefits | 78 | 102 |
| Current portion of long-term debt | 175 | 233 |
| Contract liabilities | 1,730 | 1,708 |
| Other current liabilities | 599 | 729 |
| Total current liabilities | 2,648 | 2,849 |
| Long-term debt | 8,429 | 9,529 |
| Long-term contract liabilities | 76 | 80 |
| Deferred income tax liabilities | 261 | 395 |
| Long-term income taxes payable | 1,490 | 820 |
| Other long-term liabilities | 671 | 74 |
| Total liabilities | 13,575 | 13,747 |
| Commitments and contingencies (Note 18) | ||
| Stockholders’ equity (deficit): | ||
| Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 623 and 640 shares issued and outstanding as of March 29, 2024 and March 31, 2023, respectively | 2,227 | 2,800 |
| Accumulated other comprehensive income (loss) | 11 | (15) |
| Retained earnings (accumulated deficit) | (41) | (585) |
| Total stockholders’ equity (deficit) | 2,197 | 2,200 |
| Total liabilities and stockholders’ equity (deficit) | $15,772 | $15,947 |
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