Adjustments to Financial Statements
Advanced level
Adjustments to Current Assets
eBay Inc., adjusted current assets
US$ in millions
|
|
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Current assets |
7,126 | 7,743 | 8,875 | 7,904 | 26,531 |
|
Adjustments |
|
|
Add: Allowance for doubtful accounts and authorized credits |
106 | 102 | 81 | 84 | 102 |
|
After Adjustment |
|
|
Adjusted current assets |
7,232 |
7,845 |
8,956 |
7,988 |
26,633 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
Adjustments to Total Assets
eBay Inc., adjusted total assets
US$ in millions
|
|
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Total assets |
22,819 | 25,981 | 23,847 | 17,785 | 45,132 |
|
Adjustments |
|
|
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1 |
515 | 281 | 212 | 206 | 419 |
|
|
Add: Allowance for doubtful accounts and authorized credits |
106 | 102 | 81 | 84 | 102 |
|
|
Less: Deferred tax assets2 |
4,792 | 5,195 | 4,608 | — | — |
|
After Adjustment |
|
|
Adjusted total assets |
18,648 |
21,169 |
19,532 |
18,075 |
45,653 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
Adjustments to Current Liabilities
eBay Inc., adjusted current liabilities
US$ in millions
|
|
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Current liabilities |
4,454 | 3,539 | 3,847 | 2,263 | 17,531 |
|
Adjustments |
|
|
Less: Current deferred revenue |
170 | 117 | 110 | 106 | 188 |
|
After Adjustment |
|
|
Adjusted current liabilities |
4,284 |
3,422 |
3,737 |
2,157 |
17,343 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
Adjustments to Total Liabilities
eBay Inc., adjusted total liabilities
US$ in millions
|
|
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Total liabilities |
16,538 | 17,918 | 13,308 | 11,209 | 25,226 |
|
Adjustments |
|
|
Add: Operating lease liability (before adoption of FASB Topic 842)1 |
515 | 281 | 212 | 206 | 419 |
|
|
Less: Deferred tax liabilities2 |
2,925 | 3,425 | 1,888 | 2,092 | 792 |
|
|
Less: Deferred revenue |
170 | 117 | 110 | 106 | 188 |
|
|
Less: Restructuring reserve |
8 | — | — | — | — |
|
After Adjustment |
|
|
Adjusted total liabilities |
13,950 |
14,657 |
11,522 |
9,217 |
24,665 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
Adjustments to Stockholders’ Equity
eBay Inc., adjusted stockholders’ equity
US$ in millions
|
|
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Stockholders’ equity |
6,281 | 8,063 | 10,539 | 6,576 | 19,906 |
|
Adjustments |
|
|
Less: Net deferred tax assets and liabilities1 |
1,868 | 1,769 | 3,155 | (1,669) | (3,188) |
|
|
Add: Allowance for doubtful accounts and authorized credits |
106 | 102 | 81 | 84 | 102 |
|
|
Add: Deferred revenue |
170 | 117 | 110 | 106 | 188 |
|
|
Add: Restructuring reserve |
8 | — | — | — | — |
|
After Adjustment |
|
|
Adjusted stockholders’ equity |
4,697 |
6,513 |
7,575 |
8,435 |
23,384 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
Adjustments to Capitalization Table
eBay Inc., adjusted capitalization table
US$ in millions
|
|
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Short-term debt |
1,546 | 781 | 1,451 | — | 850 |
|
|
Long-term debt |
7,685 | 9,234 | 7,509 | 6,779 | 6,777 |
|
|
Total reported debt |
9,231 |
10,015 |
8,960 |
6,779 |
7,627 |
|
|
Stockholders’ equity |
6,281 | 8,063 | 10,539 | 6,576 | 19,906 |
|
|
Total reported capital |
15,512 |
18,078 |
19,499 |
13,355 |
27,533 |
|
Adjustments to Debt |
|
|
Add: Operating lease liability (before adoption of FASB Topic 842)1 |
515 | 281 | 212 | 206 | 419 |
|
|
Adjusted total debt |
9,746 |
10,296 |
9,172 |
6,985 |
8,046 |
|
Adjustments to Equity |
|
|
Less: Net deferred tax assets and liabilities2 |
1,868 | 1,769 | 3,155 | (1,669) | (3,188) |
|
|
Add: Allowance for doubtful accounts and authorized credits |
106 | 102 | 81 | 84 | 102 |
|
|
Add: Deferred revenue |
170 | 117 | 110 | 106 | 188 |
|
|
Add: Restructuring reserve |
8 | — | — | — | — |
|
|
Adjusted stockholders’ equity |
4,697 |
6,513 |
7,575 |
8,435 |
23,384 |
|
After Adjustment |
|
|
Adjusted total capital |
14,443 |
16,809 |
16,747 |
15,420 |
31,430 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
1 Operating lease liability (before adoption of FASB Topic 842). See details »
2 Net deferred tax assets and liabilities. See details »
Adjustments to Revenues
eBay Inc., adjusted net revenues
US$ in millions
|
12 months ended: |
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Net revenues |
10,746 | 9,567 | 8,979 | 8,592 | 17,902 |
|
Adjustment |
|
|
Add: Increase (decrease) in deferred revenue |
33 | 7 | 4 | (2) | 30 |
|
After Adjustment |
|
|
Adjusted net revenues |
10,779 |
9,574 |
8,983 |
8,590 |
17,932 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
Adjustments to Reported Income
eBay Inc., adjusted net income (loss)
US$ in millions
|
12 months ended: |
Dec 31, 2018 |
Dec 31, 2017 |
Dec 31, 2016 |
Dec 31, 2015 |
Dec 31, 2014 |
|
As Reported |
|
|
Net income (loss) |
2,530 | (1,016) | 7,266 | 1,725 | 46 |
|
Adjustments |
|
|
Add: Deferred income tax expense (benefit)1 |
(153) | 1,729 | (4,556) | (32) | 2,808 |
|
|
Add: Increase (decrease) in allowance for doubtful accounts and authorized credits |
4 | 21 | (3) | (2) | (4) |
|
|
Add: Increase (decrease) in deferred revenue |
33 | 7 | 4 | (2) | 30 |
|
|
Add: Increase (decrease) in restructuring reserve |
8 | — | — | — | — |
|
|
Less: Income (loss) from discontinued operations, net of income taxes |
2 | (4) | (19) | (222) | — |
|
|
Add: Other comprehensive income (loss), net tax |
(219) | 841 | (650) | (633) | 15 |
|
After Adjustment |
|
|
Adjusted net income (loss) |
2,201 |
1,586 |
2,080 |
1,278 |
2,895 |
Based on:
10-K (filing date: 2019-01-30),
10-K (filing date: 2018-02-05),
10-K (filing date: 2017-02-06),
10-K (filing date: 2016-02-01),
10-K (filing date: 2015-02-06).
