20182017201620152014Consolidated Balance SheetLiquidity RatiosWorking CapitalAssetsCurrent Ratio201820172016201520142013Acid-Test RatioCurrent AssetsCash and cash equivalents259132028920484211201384414259Profiability RatiosMarketable securities403885389246671204811123326287Return on InvestmentAccounts Receivable (net)231861787415754168491746013102Return on EquityInventories395648552132234921111764Deferred Tax Asset43183453Leverage RatiosVendor Non-trade receivables2580917799135451349497597539Debt RatioOther current Assets120871393682831508598066882Debt/Equity RatioTotal current Assets131339128645106869893786853173286Non-Current AssetsMarketable Securities170799194714170430164065130162106215DefinitionsProperty, Plant, and Equipment (net)413043378327010224712062416597Liquidity RatiosGoodwill5414511646161577Working CapitalAcquired Intangible Assets (Net)3206389341424179Current RatioOther non-current Assets22283181778757542237645146Acid-Test RatioTotal Non-Current Assets234386246674214817200967163308133714Total Assets365725375319321686290345231839207000Profiability RatiosReturn on InvestmentLiabilities & Shareholders' EquityReturn on EquityCurrent LiabilitiesLeverage RatiosAccounts Payable558884424237294354903019622367Debt RatioOther current liabilities3268730551Debt/Equity RatioAccrued Expenses22027251811845313856Deferred Revenue754375488080894084917435Commercial Paper11964119778105849963080Term Debt8784649635002500Total Current Liabilities11686610081479006806106344843658Non-Current LiabilitesDeferred Revenue (non-current)279728362930362430312625Term Debt937359720775427533292898716960Other Non-Current Liabilities451804041536074334272482620208Total Non-Current Liabilities141712140458114431903805684439793Total Liabilities25857824127219343717099012029283451Commitments and ContingenciesShareholders' EquityCommon Stock402013586731251274162331319764Retained Earnings7040098330963649228487152104256Accumulated Other Comprehensive Income/(loss)-3454-150634-3451082-471Total Shareholders' Equity107147134047128249119355111547123549Total Liabilities and Shareholders' Equity365725375319321686290345231839207000Consolidated Statement of Income201820172016201520142013Net Sales265595229234215639233715182795170910Cost of Sales163756141048131376140089112258106606Gross Margin1018398818684263936267053764304Operating ExpensesResearch and Development142361158110045806760414475Selling, General, and Adminstrative167051526114194143291199310830Total Operating Expenses309412684224239223961803415305Operating Income708986134460024712305250348999Other income20052745134812859801156Income before provision for income taxes729036408961372725155348350155Provision for income taxes133721573815685191211397313118Net Income595314835145687533943951037037