Gen Digital Inc.

For the period ended Mar 28, 2025. Filed May 15, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed May 15, 2025

GEN$29.80+0.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(In millions, except par value per share amounts)

	March 28, 2025	March 29, 2024
ASSETS
Current assets:
Cash and cash equivalents	$1,006	$846
Accounts receivable, net	171	163
Other current assets	245	334
Assets held for sale	22	15
Total current assets	1,444	1,358
Property and equipment, net	60	72
Intangible assets, net	2,267	2,638
Goodwill	10,237	10,210
Other long-term assets	1,487	1,515
Total assets	$15,495	$15,793
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$94	$66
Accrued compensation and benefits	105	78
Current portion of long-term debt	291	175
Contract liabilities	1,846	1,808
Other current liabilities	515	599
Total current liabilities	2,851	2,726
Long-term debt	7,968	8,429
Long-term contract liabilities	77	76
Deferred income tax liabilities	222	261
Long-term income taxes payable	1,420	1,490
Other long-term liabilities	688	671
Total liabilities	13,226	13,653
Commitments and contingencies (Note 18)
Stockholders’ equity (deficit):
Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 617 and 623 shares issued and outstanding as of March 28, 2025 and March 29, 2024, respectively	2,066	2,227
Accumulated other comprehensive income (loss)	(33)	11
Retained earnings (accumulated deficit)	236	(98)
Total stockholders’ equity (deficit)	2,269	2,140
Total liabilities and stockholders’ equity	$15,495	$15,793

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.