Gen Digital Inc.
For the period ended Jul 4, 2025. Filed Aug 13, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 4, 2025 · Filed Aug 13, 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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Condensed Consolidated Balance Sheets
(Unaudited, in millions, except par value per share amounts)
| July 4, 2025 | March 28, 2025 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $828 | $1,006 |
| Accounts receivable, net, including amounts held by a VIE of $93 million as of July 4, 2025 | 314 | 171 |
| Other current assets | 249 | 245 |
| Assets held for sale | 37 | 22 |
| Total current assets | 1,428 | 1,444 |
| Property and equipment, net | 64 | 60 |
| Intangible assets, net | 2,499 | 2,267 |
| Goodwill | 10,817 | 10,237 |
| Deferred income tax assets | 1,253 | 1,218 |
| Other long-term assets | 299 | 269 |
| Total assets | $16,360 | $15,495 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable | $90 | $94 |
| Accrued compensation and benefits | 85 | 105 |
| Current portion of long-term debt, including amounts held by a VIE of $49 million as of July 4, 2025 | 288 | 291 |
| Contract liabilities | 1,783 | 1,846 |
| Other current liabilities | 612 | 515 |
| Total current liabilities | 2,858 | 2,851 |
| Long-term debt | 8,575 | 7,968 |
| Long-term contract liabilities | 90 | 77 |
| Deferred income tax liabilities | 234 | 222 |
| Long-term income taxes payable | 1,509 | 1,420 |
| Other long-term liabilities | 729 | 688 |
| Total liabilities | 13,995 | 13,226 |
| Commitments and contingencies (Note 18) | ||
| Stockholders’ equity (deficit): | ||
| Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 616 and 617 shares issued and outstanding as of July 4, 2025 and March 28, 2025, respectively | 2,179 | 2,066 |
| Accumulated other comprehensive income (loss) | 26 | (33) |
| Retained earnings (accumulated deficit) | 160 | 236 |
| Total stockholders’ equity (deficit) | 2,365 | 2,269 |
| Total liabilities and stockholders’ equity (deficit) | $16,360 | $15,495 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.