Paying users zone. Data is covered by hidden .

Get to Apple Inc. for $19.99, or
get to whole website for at least 3 months from $49.99.

Apple Inc. (AAPL)

Adjustments to Financial Statements

Difficulty: Advanced

Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders' Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Adjustments to Current Assets

Apple Inc., adjusted current assets

USD $ in millions

		Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Current assets
	Adjustments
	Add: Allowance for doubtful accounts
	After Adjustment
	Adjusted current assets

Source: Based on data from Apple Inc. Annual Reports

Adjustments to Total Assets

Apple Inc., adjusted total assets

USD $ in millions

		Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Total assets
	Adjustments
	Add: Operating leased assets¹
	Add: Allowance for doubtful accounts
	After Adjustment
	Adjusted total assets

Source: Based on data from Apple Inc. Annual Reports

¹ Operating leased assets. See Details »

Adjustments to Current Liabilities

Apple Inc., adjusted current liabilities

USD $ in millions

		Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Current liabilities
	Adjustments
	Less: Deferred revenue, current
	After Adjustment
	Adjusted current liabilities

Source: Based on data from Apple Inc. Annual Reports

Adjustments to Total Liabilities

Apple Inc., adjusted total liabilities

USD $ in millions

		Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Total liabilities
	Adjustments
	Add: Operating lease obligations¹
	Less: Deferred tax liabilities²
	Less: Deferred revenue
	Less: Accrued warranty and related costs
	After Adjustment
	Adjusted total liabilities

Source: Based on data from Apple Inc. Annual Reports

¹ Operating lease obligations. See Details »

² Deferred tax liabilities. See Details »

Adjustments to Stockholders' Equity

Apple Inc., adjusted shareholders' equity

USD $ in millions

		Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Shareholders' equity
	Adjustments
	Less: Net deferred tax assets (liabilities)¹
	Add: Allowance for doubtful accounts
	Add: Deferred revenue
	Add: Accrued warranty and related costs
	After Adjustment
	Adjusted shareholders' equity

Source: Based on data from Apple Inc. Annual Reports

¹ Net deferred tax assets (liabilities). See Details »

Adjustments to Capitalization Table

Apple Inc., adjusted capitalization table

USD $ in millions

		Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Commercial paper
	Current portion of long-term debt
	Long-term debt, excluding current portion
	Total reported debt
	Shareholders' equity
	Total reported capital
	Adjustments to Debt
	Add: Operating lease obligations¹
	Adjusted total debt
	Adjustments to Equity
	Less: Net deferred tax assets (liabilities)²
	Add: Allowance for doubtful accounts
	Add: Deferred revenue
	Add: Accrued warranty and related costs
	Adjusted shareholders' equity
	After Adjustment
	Adjusted total capital

Source: Based on data from Apple Inc. Annual Reports

¹ Operating lease obligations. See Details »

² Net deferred tax assets (liabilities). See Details »

Adjustments to Revenues

Apple Inc., adjusted net sales

USD $ in millions

	12 months ended	Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Net sales
	Adjustments
	Add: Increase (decrease) in deferred revenue
	After Adjustment
	Adjusted net sales

Source: Based on data from Apple Inc. Annual Reports

Adjustments to Reported Income

Apple Inc., adjusted comprehensive income

USD $ in millions

	12 months ended	Sep 30, 2017	Sep 24, 2016	Sep 26, 2015	Sep 27, 2014	Sep 28, 2013	Sep 29, 2012
	As Reported
	Net income
	Adjustments
	Add: Deferred income tax expense (benefit)¹
	Add: Increase (decrease) in allowance for doubtful accounts
	Add: Increase (decrease) in deferred revenue
	Add: Increase (decrease) in accrued warranty and related costs
	Add: Other comprehensive income (loss)
	After Adjustment
	Adjusted comprehensive income

Source: Based on data from Apple Inc. Annual Reports

¹ Deferred income tax expense (benefit). See Details »

	Apple Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality