Stock Analysis on Net

Cisco Systems Inc. (NASDAQ:CSCO)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company 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.

Cisco Systems Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Jan 27, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 23, 2021 Oct 24, 2020 Jul 25, 2020 Apr 25, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019 Apr 27, 2019 Jan 26, 2019 Oct 27, 2018 Jul 28, 2018 Apr 28, 2018 Jan 27, 2018 Oct 28, 2017
Short-term debt 4,936 990 1,733 1,731 1,250 1,249 1,099 1,000 2,502 506 2,508 2,000 5,000 5,002 3,005 4,506 1,499 4,000 10,191 7,777 9,737 7,241 5,238 7,736 13,741 10,239
Accounts payable 1,848 2,084 2,313 2,442 2,329 2,316 2,281 2,289 2,101 2,261 2,362 2,440 1,867 2,294 2,218 2,393 1,935 2,016 2,059 2,022 1,655 1,805 1,904 1,552 1,060 1,155
Income taxes payable 1,876 2,380 4,235 3,132 2,200 890 961 852 837 816 801 753 763 810 839 1,047 819 794 1,149 953 1,110 1,084 1,004 962 2,204 86
Accrued compensation 3,216 3,039 3,984 3,352 3,187 2,907 3,316 3,032 3,364 3,231 3,818 3,327 3,295 2,978 3,122 2,940 2,690 2,735 3,221 2,872 2,599 2,622 2,986 2,966 2,736 2,684
Deferred revenue 14,011 13,812 13,908 13,249 13,109 12,578 12,784 12,249 12,268 12,017 12,148 11,492 11,552 11,271 11,406 10,710 10,638 10,646 10,668 10,117 9,976 9,637 11,490 11,301 11,102 10,920
Other current liabilities 4,964 4,730 5,136 4,813 5,177 4,956 5,199 4,728 4,843 4,407 4,620 4,250 4,791 4,636 4,741 4,341 4,507 4,406 4,424 4,172 4,402 4,025 4,413 4,125 4,521 4,200
Current liabilities 30,851 27,035 31,309 28,719 27,252 24,896 25,640 24,150 25,915 23,238 26,257 24,262 27,268 26,991 25,331 25,937 22,088 24,597 31,712 27,913 29,479 26,414 27,035 28,642 35,364 29,284
Long-term debt, excluding current portion 6,669 6,660 6,658 6,663 7,637 7,629 8,416 8,418 8,969 8,996 9,018 9,532 9,554 9,564 11,578 11,578 14,494 14,497 14,475 15,921 15,893 18,323 20,331 20,336 25,625 25,684
Income taxes payable 3,390 5,790 5,756 6,725 6,609 7,835 7,725 7,689 7,628 8,553 8,538 8,247 8,084 8,786 8,837 8,285 8,227 8,919 8,927 8,038 7,760 8,216 8,585 9,076 9,185 883
Deferred revenue 11,760 11,847 11,642 11,011 10,818 10,441 10,480 10,044 10,045 10,055 10,016 9,397 9,294 9,202 9,040 7,938 8,048 7,956 7,799 7,339 7,285 7,177 8,195 7,652 7,686 7,645
Other long-term liabilities 2,253 2,240 2,134 2,116 2,050 1,981 1,968 2,096 2,209 2,438 2,393 2,253 2,280 2,303 2,147 1,948 2,036 2,100 1,309 1,272 1,256 1,451 1,434 1,641 1,668 1,476
Long-term liabilities 24,072 26,537 26,190 26,515 27,114 27,886 28,589 28,247 28,851 30,042 29,965 29,429 29,212 29,855 31,602 29,749 32,805 33,472 32,510 32,570 32,194 35,167 38,545 38,705 44,164 35,688
Total liabilities 54,923 53,572 57,499 55,234 54,366 52,782 54,229 52,397 54,766 53,280 56,222 53,691 56,480 56,846 56,933 55,686 54,893 58,069 64,222 60,483 61,673 61,581 65,580 67,347 79,528 64,972
Preferred stock, $0.001 par value; none issued and outstanding
Common stock and additional paid-in capital, $0.001 par value 45,002 44,546 44,289 43,639 43,424 42,984 42,714 42,587 42,291 42,621 42,346 41,949 41,690 41,360 41,202 40,691 40,617 40,321 40,266 40,577 41,361 41,897 42,820 43,556 44,535 44,872
Retained earnings (accumulated deficit) 2,761 2,689 1,639 262 (364) (594) (1,319) (724) (2,006) 553 (654) (1,456) (2,351) (2,756) (2,763) (3,874) (4,384) (5,083) (5,903) (2,877) 538 3,169 1,233 3,709 7,364 20,647
Accumulated other comprehensive income (loss) (1,512) (2,025) (1,575) (1,606) (1,586) (2,118) (1,622) (1,463) (789) (473) (417) (288) (218) (447) (519) (1,109) (700) (815) (792) (896) (1,110) (1,218) (849) (604) 83 31
Total equity 46,251 45,210 44,353 42,295 41,474 40,272 39,773 40,400 39,496 42,701 41,275 40,205 39,121 38,157 37,920 35,708 35,533 34,423 33,571 36,804 40,789 43,848 43,204 46,661 51,982 65,550
Total liabilities and equity 101,174 98,782 101,852 97,529 95,840 93,054 94,002 92,797 94,262 95,981 97,497 93,896 95,601 95,003 94,853 91,394 90,426 92,492 97,793 97,287 102,462 105,429 108,784 114,008 131,510 130,522

Based on: 10-Q (reporting date: 2024-01-27), 10-Q (reporting date: 2023-10-28), 10-K (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-Q (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-K (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-Q (reporting date: 2021-01-23), 10-Q (reporting date: 2020-10-24), 10-K (reporting date: 2020-07-25), 10-Q (reporting date: 2020-04-25), 10-Q (reporting date: 2020-01-25), 10-Q (reporting date: 2019-10-26), 10-K (reporting date: 2019-07-27), 10-Q (reporting date: 2019-04-27), 10-Q (reporting date: 2019-01-26), 10-Q (reporting date: 2018-10-27), 10-K (reporting date: 2018-07-28), 10-Q (reporting date: 2018-04-28), 10-Q (reporting date: 2018-01-27), 10-Q (reporting date: 2017-10-28).

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. Cisco Systems Inc. current liabilities decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 not reaching Q4 2023 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Cisco Systems Inc. long-term liabilities increased from Q4 2023 to Q1 2024 but then decreased significantly from Q1 2024 to Q2 2024.
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. Cisco Systems Inc. total liabilities decreased from Q4 2023 to Q1 2024 but then slightly increased from Q1 2024 to Q2 2024.
Total 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 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. Cisco Systems Inc. total equity increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.