| (In millions) | October 27,
2024 | October 29,
2023 | |||
| ASSETS | |||||
| Current assets: | |||||
| Cash and cash equivalents | $ | 8,022 | $ | 6,132 | |
| Short-term investments | 1,449 | 737 | |||
| Accounts receivable, net | 5,234 | 5,165 | |||
| Inventories | 5,421 | 5,725 | |||
| Other current assets | 1,094 | 1,388 | |||
| Total current assets | 21,220 | 19,147 | |||
| Long-term investments | 2,787 | 2,281 | |||
| Property, plant and equipment, net | 3,339 | 2,723 | |||
| Goodwill | 3,732 | 3,732 | |||
| Purchased technology and other intangible assets, net | 249 | 294 | |||
| Deferred income taxes and other assets | 3,082 | 2,552 | |||
| Total assets | $ | 34,409 | $ | 30,729 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | |||||
| Current liabilities: | |||||
| Short-term debt | $ | 799 | $ | 100 | |
| Accounts payable and accrued expenses | 4,820 | 4,297 | |||
| Contract liabilities | 2,849 | 2,975 | |||
| Total current liabilities | 8,468 | 7,372 | |||
| Long-term debt | 5,460 | 5,461 | |||
| Income taxes payable | 670 | 833 | |||
| Other liabilities | 810 | 714 | |||
| Total liabilities | 15,408 | 14,380 | |||
| Total stockholders’ equity | 19,001 | 16,349 | |||
| Total liabilities and stockholders’ equity | $ | 34,409 | $ | 30,729 | |
APPLIED MATERIALS, INC.
