|
MICRON TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS (In millions) (Unaudited) | |||||||||
| As of |
August 29,
2024 |
May 30,
2024 |
August 31,
2023 | ||||||
| Assets | |||||||||
| Cash and equivalents | $ | 7,041 | $ | 7,594 | $ | 8,577 | |||
| Short-term investments | 1,065 | 785 | 1,017 | ||||||
| Receivables | 6,615 | 5,131 | 2,443 | ||||||
| Inventories | 8,875 | 8,512 | 8,387 | ||||||
| Other current assets | 776 | 1,297 | 820 | ||||||
| Total current assets | 24,372 | 23,319 | 21,244 | ||||||
| Long-term marketable investments | 1,046 | 775 | 844 | ||||||
| Property, plant, and equipment | 39,749 | 37,926 | 37,928 | ||||||
| Operating lease right-of-use assets | 645 | 660 | 666 | ||||||
| Intangible assets | 416 | 413 | 404 | ||||||
| Deferred tax assets | 520 | 597 | 756 | ||||||
| Goodwill | 1,150 | 1,150 | 1,150 | ||||||
| Other noncurrent assets | 1,518 | 1,415 | 1,262 | ||||||
| Total assets | $ | 69,416 | $ | 66,255 | $ | 64,254 | |||
| Liabilities and equity | |||||||||
| Accounts payable and accrued expenses | $ | 7,299 | $ | 5,145 | $ | 3,958 | |||
| Current debt | 431 | 398 | 278 | ||||||
| Other current liabilities | 1,518 | 1,297 | 529 | ||||||
| Total current liabilities | 9,248 | 6,840 | 4,765 | ||||||
| Long-term debt | 12,966 | 12,860 | 13,052 | ||||||
| Noncurrent operating lease liabilities | 610 | 609 | 603 | ||||||
| Noncurrent unearned government incentives | 550 | 672 | 727 | ||||||
| Other noncurrent liabilities | 911 | 1,049 | 987 | ||||||
| Total liabilities | 24,285 | 22,030 | 20,134 | ||||||
| Commitments and contingencies | |||||||||
| Shareholders’ equity | |||||||||
| Common stock | 125 | 125 | 124 | ||||||
| Additional capital | 12,115 | 11,794 | 11,036 | ||||||
| Retained earnings | 40,877 | 40,169 | 40,824 | ||||||
| Treasury stock | (7,852 | ) | (7,552 | ) | (7,552 | ) | |||
| Accumulated other comprehensive income (loss) | (134 | ) | (311 | ) | (312 | ) | |||
| Total equity | 45,131 | 44,225 | 44,120 | ||||||
| Total liabilities and equity | $ | 69,416 | $ | 66,255 | $ | 64,254 | |||
