Broadcom Inc. (AVGO)

Balance Sheet: Liabilities and Stockholders’ Equity

Difficulty: Beginner

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Broadcom Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

		Nov 4, 2018		Oct 29, 2017		Oct 30, 2016		Nov 1, 2015		Nov 2, 2014		Nov 3, 2013
	Accounts payable
	Employee compensation and benefits
	Current portion of long-term debt
	Interest payable
	Deferred revenue
	Accrued rebates
	Tax liabilities
	Other, miscellaneous
	Other current liabilities
	Current liabilities
	Long-term debt, excluding current portion
	Convertible notes payable to related party, non-current
	Unrecognized tax benefits
	Deferred tax liabilities
	Tax indemnification liability
	Other, miscellaneous
	Other long-term liabilities
	Long-term liabilities
	Total liabilities
	Preferred stock, $0.001 par value
	Common stock and additional paid-in capital, $0.001 par value
	Retained earnings (accumulated deficit)
	Accumulated other comprehensive loss
	Total Broadcom Inc. stockholders’ equity
	Noncontrolling interest
	Total equity
	Total liabilities and equity

Based on: 10-K (filing date: 2018-12-21), 10-K (filing date: 2017-12-21), 10-K (filing date: 2016-12-23), 10-K (filing date: 2015-12-17), 10-K (filing date: 2014-12-29), 10-K (filing date: 2013-12-20).

Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Broadcom Inc.’s current liabilities declined from 2016 to 2017 and from 2017 to 2018.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Broadcom Inc.’s long-term liabilities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Broadcom Inc.’s total liabilities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
Total Broadcom Inc. stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Broadcom Inc.’s total Broadcom Inc. stockholders’ equity increased from 2016 to 2017 and from 2017 to 2018.

	Broadcom 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