Balance Sheet: Assets
Quarterly Data

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.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

EMC Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012	Dec 31, 2011	Sep 30, 2011	Jun 30, 2011	Mar 31, 2011
Cash and cash equivalents	9,354)	7,224)	6,549)	5,324)	5,803)	4,388)	6,343)	6,055)	5,687)	6,291)	7,891)	7,155)	7,526)	5,304)	4,754)	4,161)	3,993)	4,671)	4,531)	3,126)	3,896)	4,102)
Short-term investments	2,407)	2,577)	2,726)	2,318)	1,939)	2,062)	1,978)	2,092)	1,962)	1,964)	2,773)	3,442)	3,620)	1,223)	1,413)	1,285)	1,660)	1,668)	1,787)	1,636)	1,436)	1,491)
Accounts and notes receivable, less allowance for doubtful accounts	2,896)	2,941)	3,977)	3,134)	3,345)	2,966)	4,413)	3,185)	3,344)	2,981)	3,861)	2,934)	3,204)	2,784)	3,433)	3,164)	2,974)	2,662)	2,937)	2,650)	2,620)	2,379)
Inventories	1,243)	1,233)	1,245)	1,224)	1,224)	1,292)	1,276)	1,390)	1,397)	1,421)	1,334)	1,375)	1,233)	1,180)	1,201)	1,158)	1,029)	1,034)	1,010)	1,104)	1,006)	921)
Deferred income taxes	—)	—)	—)	1,088)	1,061)	1,067)	1,070)	970)	969)	941)	912)	986)	940)	978)	942)	802)	792)	750)	733)	643)	634)	632)
Other current assets	650)	625)	566)	649)	715)	788)	653)	727)	586)	597)	507)	555)	651)	579)	465)	541)	486)	515)	584)	789)	640)	647)
Current assets	16,550)	14,600)	15,063)	13,737)	14,087)	12,563)	15,733)	14,419)	13,945)	14,195)	17,278)	16,447)	17,174)	12,049)	12,209)	11,111)	10,935)	11,300)	11,583)	9,948)	10,233)	10,172)
Long-term investments	4,387)	5,169)	5,508)	6,642)	7,041)	7,022)	6,334)	7,233)	6,985)	7,006)	6,924)	6,869)	6,430)	5,480)	5,229)	5,134)	5,253)	4,540)	4,525)	4,499)	4,180)	3,877)
Property, plant and equipment, net	3,725)	3,806)	3,850)	3,791)	3,788)	3,742)	3,766)	3,629)	3,606)	3,568)	3,478)	3,373)	3,291)	3,170)	3,145)	2,983)	2,942)	2,879)	2,833)	2,756)	2,702)	2,565)
Intangible assets, net	1,998)	2,059)	2,149)	2,239)	1,953)	2,041)	2,125)	2,069)	2,147)	1,941)	1,780)	1,831)	1,833)	1,938)	2,035)	2,053)	1,758)	1,714)	1,766)	1,852)	1,872)	1,557)
Goodwill	17,137)	17,099)	17,090)	17,083)	16,185)	16,174)	16,134)	15,859)	15,802)	15,301)	14,424)	14,306)	13,994)	13,994)	13,840)	13,728)	12,655)	12,217)	12,155)	12,154)	12,108)	11,790)
Deferred income taxes	1,169)	1,173)	1,164)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other assets, net	1,779)	1,797)	1,788)	1,853)	1,813)	1,751)	1,793)	1,819)	1,953)	2,036)	1,965)	1,776)	1,676)	1,603)	1,612)	1,495)	1,416)	1,336)	1,406)	1,222)	1,236)	1,226)
Noncurrent assets	30,195)	31,103)	31,549)	31,608)	30,780)	30,730)	30,152)	30,609)	30,493)	29,852)	28,571)	28,155)	27,224)	26,185)	25,860)	25,394)	24,024)	22,685)	22,685)	22,483)	22,098)	21,015)
Total assets	46,745)	45,703)	46,612)	45,345)	44,867)	43,293)	45,885)	45,028)	44,438)	44,047)	45,849)	44,602)	44,398)	38,234)	38,069)	36,506)	34,959)	33,985)	34,268)	32,431)	32,332)	31,187)

The financial data reveals several notable trends across the analyzed periods. Cash and cash equivalents exhibit a generally upward trajectory, starting around US$4.1 billion in early 2011 and reaching nearly US$9.4 billion by mid-2016. Despite some fluctuations, the overall increase suggests improved liquidity over time.

Short-term investments display variability, with values peaking above US$3.6 billion around mid-2013 before declining and stabilizing near US$2.4 billion by mid-2016. This indicates occasional changes in the portfolio's composition or short-term investment strategy.

Accounts and notes receivable demonstrate moderate fluctuations without a clear directional trend. After an initial rise through 2011 and 2012, values oscillate around the US$3 billion mark, suggesting relatively stable credit sales and collection patterns.

Inventories maintain relative stability throughout, generally fluctuating between US$900 million and US$1.4 billion. This steadiness points to consistent management of stock levels matching operational needs.

Deferred income taxes within current assets show a gradual increase through early 2015 but with some missing data towards the latest periods, which limits full trend assessment. Other current assets remain fairly constant, with occasional modest rises and falls, indicating stable short-term miscellaneous receivables and prepaid expenses.

Total current assets grow substantially from approximately US$10.2 billion at the start to over US$16.5 billion by mid-2016, driven largely by increases in cash and receivables, indicating an expansion in working capital.

Long-term investments show an increasing trend until around late 2013 when they peak near US$7.2 billion, followed by a steady decline to about US$4.4 billion by mid-2016. This suggests a reduction or reallocation of longer-term securities or assets in recent years.

Property, plant, and equipment net values steadily increase from about US$2.6 billion to roughly US$3.7 billion through 2014-2015, showing ongoing investment in fixed assets, before slightly contracting towards mid-2016.

Intangible assets, net, fluctuate but generally hover between US$1.5 billion and US$2.2 billion without a consistent upward or downward trend, pointing to relatively stable valuation of intangibles such as patents or trademarks.

Goodwill consistently increases from nearly US$11.8 billion to over US$17.1 billion, particularly evident from 2011 through 2015, indicating acquisitions or revaluations increasing the recognized intangible asset related to business combinations.

Noncurrent assets overall trend upwards from approximately US$21 billion to about US$31.6 billion with some volatility in later periods, reflecting growth in long-term resource base.

Total assets demonstrate a gradual and significant growth over the years, rising from around US$31 billion in early 2011 to nearly US$47 billion by mid-2016. The asset base expansion is supported by increases in both current and noncurrent assets.

In summary, the financial data portrays strengthened liquidity, expansion in asset base including acquisitions as reflected in goodwill, and ongoing investment in property and equipment. Fluctuations in both short- and long-term investments suggest active portfolio management. The overall growth in total assets conveys expansion and increasing scale of operations throughout the observed quarters.

Assets: Selected Items

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Current Assets: Selected Items

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EMC Corp. (NYSE:EMC)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data