Adjustments to Financial Statements
Advanced level
Adjustments to Current Assets
salesforce.com inc., adjusted current assets
US$ in millions
|
|
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Current assets |
15,963 | 10,683 | 9,290 | 5,997 | 4,347 | 3,550 |
|
Adjustments |
|
Add: Allowance for doubtful accounts |
23 | 22 | 21 | 12 | 10 | 8 |
|
Less: Current deferred tax assets1 |
— | — | — | — | — | 36 |
|
After Adjustment |
|
Adjusted current assets |
15,986 |
10,705 |
9,311 |
6,009 |
4,358 |
3,523 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).
Adjustments to Total Assets
salesforce.com inc., adjusted total assets
US$ in millions
|
|
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Total assets |
55,126 | 30,737 | 21,010 | 17,585 | 12,771 | 10,693 |
|
Adjustments |
|
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1 |
— | 3,418 | 2,724 | 2,382 | 1,889 | 1,811 |
|
Add: Allowance for doubtful accounts |
23 | 22 | 21 | 12 | 10 | 8 |
|
Less: Current deferred tax assets2 |
— | — | — | — | — | 36 |
|
Less: Noncurrent deferred tax assets3 |
— | 104 | 37 | 29 | 16 | 9 |
|
After Adjustment |
|
Adjusted total assets |
55,149 |
34,073 |
23,718 |
19,950 |
14,654 |
12,468 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).
Adjustments to Current Liabilities
salesforce.com inc., adjusted current liabilities
US$ in millions
|
|
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Current liabilities |
14,845 | 11,255 | 10,130 | 7,258 | 5,617 | 4,390 |
|
Adjustments |
|
Less: Current unearned revenue |
10,662 | 8,564 | 7,095 | 5,506 | 4,268 | 3,287 |
|
After Adjustment |
|
Adjusted current liabilities |
4,183 |
2,691 |
3,035 |
1,753 |
1,349 |
1,103 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).
Adjustments to Total Liabilities
salesforce.com inc., adjusted total liabilities
US$ in millions
|
|
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Total liabilities |
21,241 | 15,132 | 11,617 | 10,085 | 7,768 | 6,718 |
|
Adjustments |
|
Add: Operating lease liability (before adoption of FASB Topic 842)1 |
— | 3,418 | 2,724 | 2,382 | 1,889 | 1,811 |
|
Less: Noncurrent deferred tax liabilities2 |
152 | — | 25 | 24 | 12 | 38 |
|
Less: Unearned revenue |
10,662 | 8,564 | 7,095 | 5,543 | 4,292 | 3,321 |
|
After Adjustment |
|
Adjusted total liabilities |
10,427 |
9,986 |
7,222 |
6,899 |
5,354 |
5,170 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).
1 Operating lease liability (before adoption of FASB Topic 842). See details »
2 Noncurrent deferred tax liabilities. See details »
Adjustments to Stockholders’ Equity
salesforce.com inc., adjusted stockholders’ equity
US$ in millions
|
|
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Stockholders’ equity |
33,885 | 15,605 | 9,388 | 7,500 | 5,003 | 3,975 |
|
Adjustments |
|
Less: Net deferred tax assets (liabilities)1 |
(152) | 104 | 12 | 5 | 4 | 7 |
|
Add: Allowance for doubtful accounts |
23 | 22 | 21 | 12 | 10 | 8 |
|
Add: Unearned revenue |
10,662 | 8,564 | 7,095 | 5,543 | 4,292 | 3,321 |
|
After Adjustment |
|
Adjusted stockholders’ equity |
44,722 |
24,087 |
16,493 |
13,050 |
9,301 |
7,298 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).
Adjustments to Capitalization Table
salesforce.com inc., adjusted capitalization table
US$ in millions
|
|
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Current portion of debt |
4 | 3 | 1,025 | — | — | — |
|
Noncurrent debt, excluding current portion |
2,673 | 3,173 | 695 | 2,008 | 1,294 | 1,371 |
|
Total reported debt |
2,677 |
3,176 |
1,719 |
2,008 |
1,294 |
1,371 |
|
Stockholders’ equity |
33,885 | 15,605 | 9,388 | 7,500 | 5,003 | 3,975 |
|
Total reported capital |
36,562 |
18,781 |
11,108 |
9,509 |
6,297 |
5,346 |
|
Adjustments to Debt |
|
Add: Operating lease liability (before adoption of FASB Topic 842)1 |
— | 3,418 | 2,724 | 2,382 | 1,889 | 1,811 |
|
Add: Operating lease liabilities, current2 |
750 | — | — | — | — | — |
|
Add: Noncurrent operating lease liabilities3 |
2,445 | — | — | — | — | — |
|
Adjusted total debt |
5,872 |
6,594 |
4,444 |
4,390 |
3,183 |
3,182 |
|
Adjustments to Equity |
|
Less: Net deferred tax assets (liabilities)4 |
(152) | 104 | 12 | 5 | 4 | 7 |
|
Add: Allowance for doubtful accounts |
23 | 22 | 21 | 12 | 10 | 8 |
|
Add: Unearned revenue |
10,662 | 8,564 | 7,095 | 5,543 | 4,292 | 3,321 |
|
Adjusted stockholders’ equity |
44,722 |
24,087 |
16,493 |
13,050 |
9,301 |
7,298 |
|
After Adjustment |
|
Adjusted total capital |
50,594 |
30,681 |
20,936 |
17,440 |
12,483 |
10,480 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).
Adjustments to Revenues
salesforce.com inc., adjusted revenues
US$ in millions
|
12 months ended: |
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Revenues |
17,098 | 13,282 | 10,480 | 8,392 | 6,667 | 5,374 |
|
Adjustment |
|
Add: Increase (decrease) in unearned revenue |
2,098 | 1,569 | 1,552 | 1,251 | 970 | 799 |
|
After Adjustment |
|
Adjusted revenues |
19,196 |
14,851 |
12,032 |
9,643 |
7,637 |
6,173 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).
Adjustments to Reported Income
salesforce.com inc., adjusted net income (loss)
US$ in millions
|
12 months ended: |
Jan 31, 2020 |
Jan 31, 2019 |
Jan 31, 2018 |
Jan 31, 2017 |
Jan 31, 2016 |
Jan 31, 2015 |
|
As Reported |
|
Net income (loss) |
126 | 1,110 | 127 | 180 | (47) | (263) |
|
Adjustments |
|
Add: Deferred income tax expense (benefit)1 |
27 | (283) | (6) | (231) | 1 | (3) |
|
Add: Increase (decrease) in allowance for doubtful accounts |
1 | 1 | 9 | 2 | 2 | 3 |
|
Add: Increase (decrease) in unearned revenue |
2,098 | 1,569 | 1,552 | 1,251 | 970 | 799 |
|
Add: Other comprehensive income (loss), net |
(35) | (39) | 49 | (26) | (26) | (42) |
|
After Adjustment |
|
Adjusted net income (loss) |
2,217 |
2,358 |
1,731 |
1,176 |
900 |
495 |
Based on:
10-K (filing date: 2020-03-05),
10-K (filing date: 2019-03-08),
10-K (filing date: 2018-03-09),
10-K (filing date: 2017-03-06),
10-K (filing date: 2016-03-07),
10-K (filing date: 2015-03-06).