Gen Digital Inc.
For the period ended Mar 28, 2025. Filed May 15, 2025.
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FY2025 · Filed May 15, 2025
GEN$30.01+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity (Deficit)
(In millions, except share amounts)
| Common Stock and Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Retained Earnings (Accumulated Deficit) · Total Stockholders’ Equity (Deficit) | |||||
|---|---|---|---|---|---|
| Shares · Amount | |||||
| Balance as of April 1, 2022 | 582 | $1,851 | $(4) | $(1,973) | $(126) |
| Net income (loss) | — | — | — | 1,334 | 1,334 |
| Other comprehensive income (loss), net of taxes | — | — | (11) | — | (11) |
| Common stock issued under employee stock incentive plans | 5 | 12 | — | — | 12 |
| Shares withheld for taxes related to vesting of stock units | (1) | (19) | — | — | (19) |
| Repurchases of common stock | (40) | (904) | — | — | (904) |
| Cash dividends declared ($0.50 per share of common stock) and dividend equivalents accrued | — | (308) | — | — | (308) |
| Stock-based compensation | — | 134 | — | — | 134 |
| Extinguishment of convertible debt | — | (100) | — | — | (100) |
| Cumulative effect adjustment from adoption of ASU 2020-06 (1) | — | (7) | — | 6 | (1) |
| Acquisition consideration | 94 | 2,141 | — | — | 2,141 |
| Balance as of March 31, 2023 | 640 | 2,800 | (15) | (633) | 2,152 |
| Net income (loss) | — | — | — | 607 | 607 |
| Other comprehensive income (loss), net of taxes | — | — | 26 | — | 26 |
| Common stock issued under employee stock incentive plans | 6 | 12 | — | — | 12 |
| Shares withheld for taxes related to vesting of stock units | (2) | (26) | — | — | (26) |
| Repurchases of common stock (2) | (21) | (444) | — | — | (444) |
| Cash dividends declared ($0.50 per share of common stock) and dividend equivalents accrued | — | (253) | — | (72) | (325) |
| Stock-based compensation | — | 138 | — | — | 138 |
| Balance as of March 29, 2024 | 623 | 2,227 | 11 | (98) | 2,140 |
| Net income (loss) | — | — | — | 643 | 643 |
| Other comprehensive income (loss), net of taxes | — | — | (44) | — | (44) |
| Common stock issued under employee stock incentive plans | 6 | 11 | — | — | 11 |
| Shares withheld for taxes related to vesting of stock units | (1) | (26) | — | — | (26) |
| Repurchases of common stock (2) | (11) | (274) | — | — | (274) |
| Cash dividends declared ($0.50 per share of common stock) and dividend equivalents accrued | — | (6) | — | (309) | (315) |
| Stock-based compensation | — | 134 | — | — | 134 |
| Balance as of March 28, 2025 | 617 | $2,066 | $(33) | $236 | $2,269 |
(1)Effective on April 2, 2022, we adopted ASU 2020-06 (Debt with Conversion and Other Options, ASC 470-20) using a modified retrospective method.
(2)Amount includes excise tax on share repurchases.
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