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

	Nov 29, 2024	Dec 1, 2023	Dec 2, 2022	Dec 3, 2021	Nov 27, 2020	Nov 29, 2019
Trade payables	361)	314)	379)	312)	306)	209)
Accrued compensation and benefits	646)	535)	485)	490)	375)	318)
Accrued bonuses	575)	547)	489)	455)	330)	222)
Accrued corporate marketing	176)	132)	154)	96)	134)	80)
Derivative collateral liabilities	168)	50)	—)	—)	—)	—)
Refund liabilities	141)	111)	106)	128)	127)	126)
Sales and use taxes	121)	122)	117)	119)	95)	83)
Other	509)	445)	439)	448)	361)	569)
Accrued expenses	2,336)	1,942)	1,790)	1,736)	1,422)	1,399)
Debt, current portion	1,499)	—)	500)	—)	—)	3,149)
Deferred revenue	6,131)	5,837)	5,297)	4,733)	3,629)	3,378)
Income taxes payable	119)	85)	75)	54)	63)	56)
Current operating lease liabilities	75)	73)	87)	97)	92)	—)
Current liabilities	10,521)	8,251)	8,128)	6,932)	5,512)	8,191)
Debt, excluding current portion	4,129)	3,634)	3,629)	4,123)	4,117)	989)
Deferred revenue	128)	113)	117)	145)	130)	123)
Income taxes payable	548)	514)	530)	534)	529)	616)
Long-term operating lease liabilities	353)	373)	417)	453)	499)	—)
Other liabilities	446)	376)	293)	257)	233)	314)
Long-term liabilities	5,604)	5,010)	4,986)	5,512)	5,508)	2,041)
Total liabilities	16,125)	13,261)	13,114)	12,444)	11,020)	10,232)
Preferred stock, $0.0001 par value; none issued	—)	—)	—)	—)	—)	—)
Common stock, $0.0001 par value	—)	—)	—)	—)	—)	—)
Additional paid-in-capital	13,419)	11,586)	9,868)	8,428)	7,357)	6,505)
Retained earnings	38,470)	33,346)	28,319)	23,905)	19,611)	14,829)
Accumulated other comprehensive loss	(201)	(285)	(293)	(137)	(158)	(188)
Treasury stock, at cost	(37,583)	(28,129)	(23,843)	(17,399)	(13,546)	(10,615)
Stockholders’ equity	14,105)	16,518)	14,051)	14,797)	13,264)	10,530)
Total liabilities and stockholders’ equity	30,230)	29,779)	27,165)	27,241)	24,284)	20,762)

Based on: 10-K (reporting date: 2024-11-29), 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).

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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 2022 to 2023 and from 2023 to 2024.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Adobe Inc. long-term liabilities increased from 2022 to 2023 and from 2023 to 2024.
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 2022 to 2023 and from 2023 to 2024.
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 increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.

Adobe Inc. (NASDAQ:ADBE)

Balance Sheet: Liabilities and Stockholders’ Equity