| MICRON TECHNOLOGY, INC. | ||||||
| CONSOLIDATED BALANCE SHEETS | ||||||
| (In millions) | ||||||
| (Unaudited) | ||||||
| As of |
November 30,
2023 |
August 31,
2023 | ||||
| Assets | ||||||
| Cash and equivalents | $ | 8,075 | $ | 8,577 | ||
| Short-term investments | 973 | 1,017 | ||||
| Receivables | 2,943 | 2,443 | ||||
| Inventories | 8,276 | 8,387 | ||||
| Other current assets | 791 | 820 | ||||
| Total current assets | 21,058 | 21,244 | ||||
| Long-term marketable investments | 720 | 844 | ||||
| Property, plant, and equipment | 37,677 | 37,928 | ||||
| Operating lease right-of-use assets | 648 | 666 | ||||
| Intangible assets | 416 | 404 | ||||
| Deferred tax assets | 781 | 756 | ||||
| Goodwill | 1,150 | 1,150 | ||||
| Other noncurrent assets | 1,326 | 1,262 | ||||
| Total assets | $ | 63,776 | $ | 64,254 | ||
| Liabilities and equity | ||||||
| Accounts payable and accrued expenses | $ | 3,946 | $ | 3,958 | ||
| Current debt | 908 | 278 | ||||
| Other current liabilities | 1,108 | 529 | ||||
| Total current liabilities | 5,962 | 4,765 | ||||
| Long-term debt | 12,597 | 13,052 | ||||
| Noncurrent operating lease liabilities | 601 | 603 | ||||
| Noncurrent unearned government incentives | 705 | 727 | ||||
| Other noncurrent liabilities | 1,026 | 987 | ||||
| Total liabilities | 20,891 | 20,134 | ||||
| Commitments and contingencies | ||||||
| Shareholders’ equity | ||||||
| Common stock | 124 | 124 | ||||
| Additional capital | 11,217 | 11,036 | ||||
| Retained earnings | 39,356 | 40,824 | ||||
| Treasury stock | (7,552 | ) | (7,552 | ) | ||
| Accumulated other comprehensive income (loss) | (260 | ) | (312 | ) | ||
| Total equity | 42,885 | 44,120 | ||||
| Total liabilities and equity | $ | 63,776 | $ | 64,254 | ||
