Balance Sheet: Liabilities and Stockholders’ Equity

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.

Adobe Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Dec 1, 2023	Dec 2, 2022	Dec 3, 2021	Nov 27, 2020	Nov 29, 2019	Nov 30, 2018
Trade payables	314)	379)	312)	306)	209)	186)
Accrued bonuses	547)	489)	455)	330)	222)	216)
Accrued compensation and benefits	535)	485)	490)	375)	318)	314)
Accrued corporate marketing	132)	154)	96)	134)	80)	66)
Sales and use taxes	122)	117)	119)	95)	83)	58)
Refund liabilities	111)	106)	128)	127)	126)	—)
Other	495)	439)	448)	361)	569)	510)
Accrued expenses	1,942)	1,790)	1,736)	1,422)	1,399)	1,163)
Debt, current portion	—)	500)	—)	—)	3,149)	—)
Deferred revenue	5,837)	5,297)	4,733)	3,629)	3,378)	2,916)
Income taxes payable	85)	75)	54)	63)	56)	36)
Current operating lease liabilities	73)	87)	97)	92)	—)	—)
Current liabilities	8,251)	8,128)	6,932)	5,512)	8,191)	4,301)
Debt, excluding current portion	3,634)	3,629)	4,123)	4,117)	989)	4,125)
Deferred revenue	113)	117)	145)	130)	123)	138)
Income taxes payable	514)	530)	534)	529)	616)	644)
Long-term operating lease liabilities	373)	417)	453)	499)	—)	—)
Other liabilities	376)	293)	257)	233)	314)	199)
Long-term liabilities	5,010)	4,986)	5,512)	5,508)	2,041)	5,105)
Total liabilities	13,261)	13,114)	12,444)	11,020)	10,232)	9,407)
Preferred stock, $0.0001 par value; none issued	—)	—)	—)	—)	—)	—)
Common stock, $0.0001 par value	—)	—)	—)	—)	—)	—)
Additional paid-in-capital	11,586)	9,868)	8,428)	7,357)	6,505)	5,685)
Retained earnings	33,346)	28,319)	23,905)	19,611)	14,829)	11,816)
Accumulated other comprehensive loss	(285)	(293)	(137)	(158)	(188)	(148)
Treasury stock, at cost	(28,129)	(23,843)	(17,399)	(13,546)	(10,615)	(7,991)
Stockholders’ equity	16,518)	14,051)	14,797)	13,264)	10,530)	9,362)
Total liabilities and stockholders’ equity	29,779)	27,165)	27,241)	24,284)	20,762)	18,769)

Based on: 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30).

Download chart

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.	Adobe Inc. current liabilities increased from 2021 to 2022 and from 2022 to 2023.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Adobe Inc. long-term liabilities decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
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.	Adobe Inc. total liabilities increased from 2021 to 2022 and from 2022 to 2023.
Stockholders’ 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.	Adobe Inc. stockholders’ equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

Adobe Inc. (NASDAQ:ADBE)

Balance Sheet: Liabilities and Stockholders’ Equity