Financial Statements

NortonLifeLock Inc. (NLOK)

$21.66

-0.50 (-2.26%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) -1,940-2,776-3,330328-
Net Income 1,3498365543,88731
Stock Dividends 320303373-64514
Dividend Paid -314-303-373-7,481-217
Retained Earnings -585-1,940-2,776-3,330328

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 134154326790-
Annual Depreciation -9-14-166-375997
Capital Expenditure -6-6-6-89-207
Net PPE 119134154326790

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -8,4502,5852,8672,873
New Purchases -----
Intangible and Goodwill 8,4502,5852,8672,87310,217

NortonLifeLock Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes NortonLifeLock Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.