SYNOPSYS, INC.

Unaudited Consolidated Balance Sheets ⁽¹⁾

(in thousands, except par value amounts)

October 31, 2023

October 31, 2022

ASSETS:

Current assets:

  Cash and cash equivalents

$             1,438,913

$             1,417,608

  Short-term investments

151,639

147,913

          Total cash, cash equivalents and short-term investments

1,590,552

1,565,521

  Accounts receivable, net

946,967

796,091

  Inventories

325,590

211,927

  Prepaid and other current assets

567,515

439,130

          Total current assets

3,430,624

3,012,669

Property and equipment, net

557,261

483,300

Operating lease right-of-use assets, net

568,829

559,090

Goodwill

4,070,336

3,842,234

Intangible assets, net

374,194

386,446

Deferred income taxes

860,914

670,653

Other long-term assets

470,973

463,695

           Total assets

$           10,333,131

$             9,418,087

LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND
STOCKHOLDERS' EQUITY:

Current liabilities:

  Accounts payable and accrued liabilities

$             1,123,761

$                809,403

  Operating lease liabilities

85,690

54,274

  Deferred revenue

1,776,000

1,910,822

           Total current liabilities

2,985,451

2,774,499

Long-term operating lease liabilities

584,035

581,273

Long-term deferred revenue

175,128

154,472

Long-term debt

18,078

20,824

Other long-term liabilities

386,138

327,829

           Total liabilities

4,148,830

3,858,897

Redeemable non-controlling interest

31,043

38,664

Stockholders' equity:

  Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding

—

—

  Common stock, $0.01 par value: 400,000 shares authorized; 152,053 and 152,375 shares
outstanding, respectively

1,521

1,524

  Capital in excess of par value

1,276,152

1,487,126

  Retained earnings

6,741,699

5,534,307

  Treasury stock, at cost: 5,207 and 4,886 shares, respectively

(1,675,650)

(1,272,955)

  Accumulated other comprehensive income (loss)

(196,414)

(234,277)

           Total Synopsys stockholders' equity

6,147,308

5,515,725

Non-controlling interest

5,950

4,801

           Total stockholders' equity

6,153,258

5,520,526

           Total liabilities, redeemable non-controlling interest and stockholders' equity

$           10,333,131

$             9,418,087

(1) Synopsys' fiscal year 2023 and 2022 ended on October 28, 2023 and October 29, 2022, respectively. For presentation purposes, we refer to the
closest calendar month end.