|
MICRON TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS (In millions) (Unaudited) | ||||||
| As of |
November 28,
2024 |
August 29,
2024 | ||||
| Assets | ||||||
| Cash and equivalents | $ | 6,693 | $ | 7,041 | ||
| Short-term investments | 895 | 1,065 | ||||
| Receivables | 7,423 | 6,615 | ||||
| Inventories | 8,705 | 8,875 | ||||
| Other current assets | 777 | 776 | ||||
| Total current assets | 24,493 | 24,372 | ||||
| Long-term marketable investments | 1,156 | 1,046 | ||||
| Property, plant, and equipment | 41,476 | 39,749 | ||||
| Operating lease right-of-use assets | 622 | 645 | ||||
| Intangible assets | 419 | 416 | ||||
| Deferred tax assets | 474 | 520 | ||||
| Goodwill | 1,150 | 1,150 | ||||
| Other noncurrent assets | 1,671 | 1,518 | ||||
| Total assets | $ | 71,461 | $ | 69,416 | ||
| Liabilities and equity | ||||||
| Accounts payable and accrued expenses | $ | 7,126 | $ | 7,299 | ||
| Current debt | 533 | 431 | ||||
| Other current liabilities | 1,356 | 1,518 | ||||
| Total current liabilities | 9,015 | 9,248 | ||||
| Long-term debt | 13,252 | 12,966 | ||||
| Noncurrent operating lease liabilities | 588 | 610 | ||||
| Noncurrent unearned government incentives | 570 | 550 | ||||
| Other noncurrent liabilities | 1,239 | 911 | ||||
| Total liabilities | 24,664 | 24,285 | ||||
| Commitments and contingencies | ||||||
| Shareholders’ equity | ||||||
| Common stock | 126 | 125 | ||||
| Additional capital | 12,317 | 12,115 | ||||
| Retained earnings | 42,427 | 40,877 | ||||
| Treasury stock | (7,852 | ) | (7,852 | ) | ||
| Accumulated other comprehensive income (loss) | (221 | ) | (134 | ) | ||
| Total equity | 46,797 | 45,131 | ||||
| Total liabilities and equity | $ | 71,461 | $ | 69,416 | ||
