Balance Sheet: Assets

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.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

EMC Corp., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
Cash and cash equivalents	6,549)	6,343)	7,891)	4,754)	4,531)
Short-term investments	2,726)	1,978)	2,773)	1,413)	1,787)
Accounts and notes receivable, less allowance for doubtful accounts	3,977)	4,413)	3,861)	3,433)	2,937)
Inventories	1,245)	1,276)	1,334)	1,201)	1,010)
Deferred income taxes	—)	1,070)	912)	942)	733)
Other current assets	566)	653)	507)	465)	584)
Current assets	15,063)	15,733)	17,278)	12,209)	11,583)
Long-term investments	5,508)	6,334)	6,924)	5,229)	4,525)
Property, plant and equipment, net	3,850)	3,766)	3,478)	3,145)	2,833)
Intangible assets, net	2,149)	2,125)	1,780)	2,035)	1,766)
Goodwill	17,090)	16,134)	14,424)	13,840)	12,155)
Deferred income taxes	1,164)	157)	133)	65)	—)
Other assets, net	1,788)	1,636)	1,832)	1,547)	1,406)
Noncurrent assets	31,549)	30,152)	28,571)	25,860)	22,685)
Total assets	46,612)	45,885)	45,849)	38,069)	34,268)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	EMC Corp. current assets decreased from 2013 to 2014 and from 2014 to 2015.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	EMC Corp. property, plant and equipment, net increased from 2013 to 2014 and from 2014 to 2015.
Noncurrent assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	EMC Corp. noncurrent assets increased from 2013 to 2014 and from 2014 to 2015.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	EMC Corp. total assets increased from 2013 to 2014 and from 2014 to 2015.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	EMC Corp. cash and cash equivalents decreased from 2013 to 2014 but then slightly increased from 2014 to 2015.
Short-term investments	Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.	EMC Corp. short-term investments decreased from 2013 to 2014 but then increased from 2014 to 2015 not reaching 2013 level.
Accounts and notes receivable, less allowance for doubtful accounts	The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively.	EMC Corp. accounts and notes receivable, less allowance for doubtful accounts increased from 2013 to 2014 but then slightly decreased from 2014 to 2015 not reaching 2013 level.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	EMC Corp. inventories decreased from 2013 to 2014 and from 2014 to 2015.

EMC Corp. (NYSE:EMC)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items