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.

NVIDIA Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Jan 26, 2020	Jan 27, 2019
Accounts payable	2,699)	1,193)	1,783)	1,201)	687)	511)
Customer program accruals	2,081)	1,196)	1,000)	630)	462)	302)
Excess inventory purchase obligations	1,655)	954)	196)	—)	—)	—)
Deferred revenue	764)	354)	300)	288)	141)	92)
Accrued payroll and related expenses	675)	530)	409)	297)	185)	186)
Product warranty and return provisions	415)	108)	—)	—)	—)	—)
Taxes payable	296)	467)	132)	—)	—)	—)
Short-term operating lease liabilities	228)	176)	144)	121)	91)	—)
Unsettled share repurchases	187)	117)	—)	—)	—)	—)
Licenses and royalties	182)	149)	—)	—)	—)	—)
Other	199)	69)	371)	389)	218)	238)
Accrued and other current liabilities	6,682)	4,120)	2,552)	1,725)	1,097)	818)
Short-term debt	1,250)	1,250)	—)	999)	—)	—)
Current liabilities	10,631)	6,563)	4,335)	3,925)	1,784)	1,329)
Long-term debt	8,459)	9,703)	10,946)	5,964)	1,991)	1,988)
Long-term operating lease liabilities	1,119)	902)	741)	634)	561)	—)
Income tax payable	1,361)	1,204)	980)	836)	528)	513)
Deferred income tax	462)	247)	245)	241)	29)	19)
Deferred revenue	573)	218)	202)	163)	60)	46)
Licenses payable	80)	181)	77)	—)	—)	—)
Other	65)	63)	49)	135)	158)	55)
Other long-term liabilities	2,541)	1,913)	1,553)	1,375)	775)	633)
Long-term liabilities	12,119)	12,518)	13,240)	7,973)	3,327)	2,621)
Total liabilities	22,750)	19,081)	17,575)	11,898)	5,111)	3,950)
Preferred stock, $.001 par value; none issued	—)	—)	—)	—)	—)	—)
Common stock, $.001 par value	2)	2)	3)	1)	1)	1)
Additional paid-in capital	13,132)	11,971)	10,385)	8,721)	7,045)	6,051)
Treasury stock, at cost	—)	—)	—)	(10,756)	(9,814)	(9,263)
Accumulated other comprehensive income (loss)	27)	(43)	(11)	19)	1)	(12)
Retained earnings	29,817)	10,171)	16,235)	18,908)	14,971)	12,565)
Shareholders’ equity	42,978)	22,101)	26,612)	16,893)	12,204)	9,342)
Total liabilities and shareholders’ equity	65,728)	41,182)	44,187)	28,791)	17,315)	13,292)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).

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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.	NVIDIA Corp. 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.	NVIDIA Corp. long-term liabilities decreased 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.	NVIDIA Corp. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
Shareholders’ 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.	NVIDIA Corp. shareholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

NVIDIA Corp. (NASDAQ:NVDA)

Balance Sheet: Liabilities and Stockholders’ Equity