v3.24.2
Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,159 $ 1,897
Short-term investments 3,254 2,980
Accounts receivable, net 1,518 2,036
Current portion of deferred commissions 482 461
Prepaid expenses and other current assets 608 403
Total current assets 8,021 7,777
Deferred commissions, less current portion 928 919
Long-term investments 3,472 3,203
Property and equipment, net 1,606 1,358
Operating lease right-of-use assets 675 715
Intangible assets, net 220 224
Goodwill 1,239 1,231
Deferred tax assets 1,447 1,508
Other assets 599 452
Total assets 18,207 17,387
Current liabilities:    
Accounts payable 296 126
Accrued expenses and other current liabilities 1,163 1,365
Current portion of deferred revenue 5,615 5,785
Current portion of operating lease liabilities 98 89
Total current liabilities 7,172 7,365
Deferred revenue, less current portion 85 81
Operating lease liabilities, less current portion 669 707
Long-term debt, net 1,488 1,488
Other long-term liabilities 127 118
Total liabilities 9,541 9,759
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; shares authorized: 10,000; no shares issued or outstanding 0 0
Common stock, $0.001 par value; shares authorized: 600,000; shares issued: 206,967 and 205,619; shares outstanding: 205,857 and 204,724 0 0
Treasury stock, at cost (shares held: 1,110 and $895) (704) (535)
Additional paid-in capital 6,770 6,131
Accumulated other comprehensive loss (78) (37)
Retained earnings 2,678 2,069
Total stockholders’ equity 8,666 7,628
Total liabilities and stockholders’ equity $ 18,207 $ 17,387
Shares of common stock, authorized (in shares) 600,000 600,000