v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,885 $ 1,897
Short-term investments 3,410 2,980
Accounts receivable, net 1,308 2,036
Current portion of deferred commissions 502 461
Prepaid expenses and other current assets 591 403
Total current assets 7,696 7,777
Deferred commissions, less current portion 946 919
Long-term investments 3,829 3,203
Property and equipment, net 1,718 1,358
Operating lease right-of-use assets 661 715
Intangible assets, net 214 224
Goodwill 1,291 1,231
Deferred tax assets 1,444 1,508
Other assets 635 452
Total assets 18,434 17,387
Current liabilities:    
Accounts payable 165 126
Accrued expenses and other current liabilities 1,058 1,365
Current portion of deferred revenue 5,457 5,785
Current portion of operating lease liabilities 106 89
Total current liabilities 6,786 7,365
Deferred revenue, less current portion 77 81
Operating lease liabilities, less current portion 650 707
Long-term debt, net 1,489 1,488
Other long-term liabilities 142 118
Total liabilities 9,144 9,759
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; shares authorized: 10,000; no shares issued or outstanding 0 0
Common stock, $0.001 par value; shares authorized: 600,000; shares issued: 207,693 and 205,619; shares outstanding: 206,317 and 204,724 0 0
Treasury stock, at cost (shares held: 1,376 and $895) (926) (535)
Additional paid-in capital 7,126 6,131
Accumulated other comprehensive loss (20) (37)
Retained earnings 3,110 2,069
Total stockholders’ equity 9,290 7,628
Total liabilities and stockholders’ equity $ 18,434 $ 17,387
Shares of common stock, authorized (in shares) 600,000 600,000