Preferred stock, shares authorized (in shares)

[Table of Contents](#i3b067f3fb23d442cae02253229e3471d_7)AKAMAI TECHNOLOGIES, INC.CONSOLIDATED BALANCE SHEETS  


|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands, except share data) | December 31, 2021 |  | December 31, 2020 |
| ASSETS |  |  |  |
| Current assets: |  |  |  |
| Cash and cash equivalents | $ | 536,725  |  |  | $ | 352,917  |  |
| Marketable securities | 541,470  |  |  | 745,156  |  |
| Accounts receivable, net of reserves of $1,397 and $1,822 at December 31, 2021 and 2020, respectively | 675,926  |  |  | 660,052  |  |
| Prepaid expenses and other current assets | 166,313  |  |  | 171,406  |  |
| Total current assets | 1,920,434  |  |  | 1,929,531  |  |
| Marketable securities | 1,088,048  |  |  | 1,398,802  |  |
| Property and equipment, net | 1,534,329  |  |  | 1,478,272  |  |
| Operating lease right-of-use assets | 815,754  |  |  | 793,945  |  |
| Acquired intangible assets, net | 313,225  |  |  | 234,724  |  |
| Goodwill | 2,156,254  |  |  | 1,674,371  |  |
| Deferred income tax assets | 168,342  |  |  | 106,918  |  |
| Other assets | 142,287  |  |  | 147,567  |  |
| Total assets | $ | 8,138,673  |  |  | $ | 7,764,130  |  |
| LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |
| Current liabilities: |  |  |  |
| Accounts payable | $ | 109,928  |  |  | $ | 118,546  |  |
| Accrued expenses | 411,590  |  |  | 380,468  |  |
| Deferred revenue | 86,517  |  |  | 76,600  |  |
|  |  |  |  |
| Operating lease liabilities | 175,683  |  |  | 154,801  |  |
| Other current liabilities | 6,623  |  |  | 27,755  |  |
| Total current liabilities | 790,341  |  |  | 758,170  |  |
| Deferred revenue | 25,342  |  |  | 5,262  |  |
| Deferred income tax liabilities | 40,974  |  |  | 37,458  |  |
| Convertible senior notes | 1,976,167  |  |  | 1,906,707  |  |
| Operating lease liabilities | 707,087  |  |  | 715,404  |  |
| Other liabilities | 68,748  |  |  | 89,833  |  |
| Total liabilities | 3,608,659  |  |  | 3,512,834  |  |
| Commitments and contingencies (Note 13) |  |  |  |
| Stockholders’ equity: |  |  |  |
| Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding | —  |  |  | —  |  |
| Common stock, $0.01 par value; 700,000,000 shares authorized; 160,512,111 and 162,709,720 shares issued and outstanding at December 31, 2021 and 2020, respectively | 1,605  |  |  | 1,627  |  |
| Additional paid-in capital | 3,340,822  |  |  | 3,664,820  |  |
| Accumulated other comprehensive loss | (69,105) |  |  | (20,201) |  |
| Retained earnings | 1,256,692  |  |  | 605,050  |  |
| Total stockholders’ equity | 4,530,014  |  |  | 4,251,296  |  |
| Total liabilities and stockholders’ equity | $ | 8,138,673  |  |  | $ | 7,764,130  |  |

  
The accompanying notes are an integral part of the consolidated financial statements.  
  
  
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