v3.24.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,304 $ 1,897
Short-term investments 3,458 2,980
Accounts receivable, net 2,240 2,036
Current portion of deferred commissions 517 461
Prepaid expenses and other current assets 668 403
Total current assets 9,187 7,777
Deferred commissions, less current portion 999 919
Long-term investments 4,111 3,203
Property and equipment, net 1,763 1,358
Operating lease right-of-use assets 693 715
Intangible assets, net 209 224
Goodwill 1,273 1,231
Deferred tax assets 1,385 1,508
Other assets 763 452
Total assets 20,383 17,387
Current liabilities:    
Accounts payable 68 126
Accrued expenses and other current liabilities 1,369 1,365
Current portion of deferred revenue 6,819 5,785
Current portion of operating lease liabilities 102 89
Total current liabilities 8,358 7,365
Deferred revenue, less current portion 95 81
Operating lease liabilities, less current portion 687 707
Long-term debt, net 1,489 1,488
Other long-term liabilities 145 118
Total liabilities 10,774 9,759
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; shares authorized: 600,000; shares issued: 208,151 and 205,619; shares outstanding: 206,487 and 204,724 0 0
Treasury stock, at cost (shares held: 1,664 and 895) (1,219) (535)
Additional paid-in capital 7,402 6,131
Accumulated other comprehensive loss (68) (37)
Retained earnings 3,494 2,069
Total stockholders’ equity 9,609 7,628
Total liabilities and stockholders’ equity $ 20,383 $ 17,387