From the Table of Contents, select Financial Statements and Supplementary Data.
ID: 2521674 • Letter: F
Question
From the Table of Contents, select Financial Statements and Supplementary Data. Use the (Consolidated) Balance Sheet to answer the following:
What is the amount of total assets for the most recent date? What is the amount of total liabilities?
AMAZON.COM, INC.
CONSOLIDATED BALANCE SHEETS
(in millions, except per share data)
December 31,
2016
2017
ASSETS
Current assets:
Cash and cash equivalents
$
19,334
$
20,522
Marketable securities
6,647
10,464
Inventories
11,461
16,047
Accounts receivable, net and other
8,339
13,164
Total current assets
45,781
60,197
Property and equipment, net
29,114
48,866
Goodwill
3,784
13,350
Other assets
4,723
8,897
Total assets
$
83,402
$
131,310
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable
$
25,309
$
34,616
Accrued expenses and other
13,739
18,170
Unearned revenue
4,768
5,097
Total current liabilities
43,816
57,883
Long-term debt
7,694
24,743
Other long-term liabilities
12,607
20,975
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, $0.01 par value:
Authorized shares — 500
Issued and outstanding shares — none
—
—
Common stock, $0.01 par value:
Authorized shares — 5,000
Issued shares — 500 and 507
Outstanding shares — 477 and 484
5
5
Treasury stock, at cost
(1,837
)
(1,837
)
Additional paid-in capital
17,186
21,389
Accumulated other comprehensive loss
(985
)
(484
)
Retained earnings
4,916
8,636
Total stockholders’ equity
19,285
27,709
Total liabilities and stockholders’ equity
$
83,402
$
131,310
See accompanying notes to consolidated financial statements.
40
December 31,
2016
2017
ASSETS
Current assets:
Cash and cash equivalents
$
19,334
$
20,522
Marketable securities
6,647
10,464
Inventories
11,461
16,047
Accounts receivable, net and other
8,339
13,164
Total current assets
45,781
60,197
Property and equipment, net
29,114
48,866
Goodwill
3,784
13,350
Other assets
4,723
8,897
Total assets
$
83,402
$
131,310
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable
$
25,309
$
34,616
Accrued expenses and other
13,739
18,170
Unearned revenue
4,768
5,097
Total current liabilities
43,816
57,883
Long-term debt
7,694
24,743
Other long-term liabilities
12,607
20,975
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, $0.01 par value:
Authorized shares — 500
Issued and outstanding shares — none
—
—
Common stock, $0.01 par value:
Authorized shares — 5,000
Issued shares — 500 and 507
Outstanding shares — 477 and 484
5
5
Treasury stock, at cost
(1,837
)
(1,837
)
Additional paid-in capital
17,186
21,389
Accumulated other comprehensive loss
(985
)
(484
)
Retained earnings
4,916
8,636
Total stockholders’ equity
19,285
27,709
Total liabilities and stockholders’ equity
$
83,402
$
131,310
Explanation / Answer
Total assets for the most recent date (Dec 31, 2017) is $131,310.
Total liabilities for the most recent date (Dec 31, 2017) is $103,601.
Working note:
Total liabilties = Total current liabilities + Long term debt + Other long-term liabilities
= $57,883 + $24,743 + $20,975
= $103,601
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