The following selected consolidated financial data is derived from our Consolidated Financial Statements. This data should be read in conjunction with our Consolidated Financial Statements and related notes included in this annual report and with Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations. Historical results may not be indicative of future results.
Five-Year Summary
Fiscal (a)
2015
2014
2013
2012
2011
(In millions, except per share data)
Consolidated Statements of Income Data:
Net revenue
$
6,508
$
6,676
$
6,906
$
6,730
$
6,190
Operating income
1,149
1,183
1,106
1,104
927
Net income attributable to Symantec Corporation stockholders (b)
878
898
755
1,187
626
Net income per share attributable to Symantec Corporation stockholders: (c)
Basic
$
1.27
$
1.29
$
1.08
$
1.60
$
0.80
Diluted
$
1.26
$
1.28
$
1.06
$
1.59
$
0.76
Weighted-average shares outstanding:
Basic
689
696
701
741
778
Diluted
696
704
711
748
786
Cash dividends per share
$
0.60
$
0.60
$
—
$
—
$
—
Consolidated Balance Sheet Data:
Cash, cash equivalents, and short-term investments
$
3,891
$
4,084
$
4,747
$
3,211
$
2,958
Total assets
13,233
13,539
14,508
13,158
12,841
Deferred revenue
3,109
3,322
3,496
3,444
3,321
Current portion of long-term debt (c)(d)
350
—
997
—
596
Long-term debt (c)(d)
1,746
2,095
2,094
2,039
1,987
Long-term deferred revenue
555
581
584
596
565
Total stockholders’ equity (e)
5,935
5,797
5,476
5,237
4,635
(a)
We have a 52/53-week fiscal year. Our fiscal 2015 was a 53-week year whereas fiscal 2014, 2013, 2012, and 2011 each consisted of 52 weeks.
(b)
In fiscal 2008, we formed a joint venture with a subsidiary of Huawei Technologies Co., Limited (“Huawei”). In fiscal 2012, we sold our 49% ownership interest in the joint venture to Huawei for $530 million in cash. The gain of $530 million, offset by costs to sell the joint venture of $4 million, was included in gain from sale of joint venture in our fiscal 2012 Consolidated Statements of Income.
(c)
In the first quarter of fiscal 2007, we issued $1.0 billion in principal amount of 1.00% Convertible Senior Notes (“1.00% notes”), due in June 2013. On June 15, 2013, the principal balance on those notes matured and was settled by a cash payment of $1 billion, along with the $5 million semi-annual interest payment. In addition, we elected to pay the conversion value above par value of the 1.00% notes in cash in the amount of $189 million. Concurrently with the payment of the conversion value we received $189 million from the note hedge we entered into at the time of the issuance of the 1.00% notes. At the time of issuance of the 1.00% notes, we granted warrants to affiliates of certain initial purchasers of the notes whereby they had the option to purchase up to 52.7 million shares of our common stock at a price of $27.1330 per share. All the warrants expired unexercised on various dates during the second quarter of fiscal 2014 and there was no dilutive impact from the warrants on our earnings per share for fiscal 2014.
(d)
In fiscal 2011, we issued $350 million in principal amount of 2.75% senior notes due September 2015 (“2.75% notes due 2015”) and $750 million in principal amount of 4.20% senior notes due September 2020 (“4.20% notes”). In fiscal 2013, we issued $600 million in principal amount of 2.75% senior notes due June 2017 (“2.75% notes due 2017”) and $400 million in principal amount of 3.95% senior notes due June 2022 (“3.95% notes”).
(e)
Includes noncontrolling interest in subsidiary of $78 million and $77 million in fiscal 2012 and fiscal 2011, respectively.
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