|
MICRON TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS (In millions) (Unaudited) | |||||||||
| As of |
May 30,
2024 |
February 29,
2024 |
August 31,
2023 | ||||||
| Assets | |||||||||
| Cash and equivalents | $ | 7,594 | $ | 8,016 | $ | 8,577 | |||
| Short-term investments | 785 | 990 | 1,017 | ||||||
| Receivables | 5,131 | 4,296 | 2,443 | ||||||
| Inventories | 8,512 | 8,443 | 8,387 | ||||||
| Other current assets | 1,297 | 1,690 | 820 | ||||||
| Total current assets | 23,319 | 23,435 | 21,244 | ||||||
| Long-term marketable investments | 775 | 627 | 844 | ||||||
| Property, plant, and equipment | 37,926 | 37,587 | 37,928 | ||||||
| Operating lease right-of-use assets | 660 | 642 | 666 | ||||||
| Intangible assets | 413 | 414 | 404 | ||||||
| Deferred tax assets | 597 | 664 | 756 | ||||||
| Goodwill | 1,150 | 1,150 | 1,150 | ||||||
| Other noncurrent assets | 1,415 | 1,199 | 1,262 | ||||||
| Total assets | $ | 66,255 | $ | 65,718 | $ | 64,254 | |||
| Liabilities and equity | |||||||||
| Accounts payable and accrued expenses | $ | 5,145 | $ | 4,680 | $ | 3,958 | |||
| Current debt | 398 | 344 | 278 | ||||||
| Other current liabilities | 1,297 | 1,235 | 529 | ||||||
| Total current liabilities | 6,840 | 6,259 | 4,765 | ||||||
| Long-term debt | 12,860 | 13,378 | 13,052 | ||||||
| Noncurrent operating lease liabilities | 609 | 593 | 603 | ||||||
| Noncurrent unearned government incentives | 672 | 662 | 727 | ||||||
| Other noncurrent liabilities | 1,049 | 956 | 987 | ||||||
| Total liabilities | 22,030 | 21,848 | 20,134 | ||||||
| Commitments and contingencies | |||||||||
| Shareholders’ equity | |||||||||
| Common stock | 125 | 125 | 124 | ||||||
| Additional capital | 11,794 | 11,564 | 11,036 | ||||||
| Retained earnings | 40,169 | 39,997 | 40,824 | ||||||
| Treasury stock | (7,552 | ) | (7,552 | ) | (7,552 | ) | |||
| Accumulated other comprehensive income (loss) | (311 | ) | (264 | ) | (312 | ) | |||
| Total equity | 44,225 | 43,870 | 44,120 | ||||||
| Total liabilities and equity | $ | 66,255 | $ | 65,718 | $ | 64,254 | |||
