CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)
| As of |
December 1,
2022 |
September 1,
2022 | ||||
| Assets | ||||||
| Cash and equivalents | $ | 9,574 | $ | 8,262 | ||
| Short-term investments | 1,007 | 1,069 | ||||
| Receivables | 3,318 | 5,130 | ||||
| Inventories | 8,359 | 6,663 | ||||
| Other current assets | 663 | 657 | ||||
| Total current assets | 22,921 | 21,781 | ||||
| Long-term marketable investments | 1,426 | 1,647 | ||||
| Property, plant, and equipment | 39,335 | 38,549 | ||||
| Operating lease right-of-use assets | 693 | 678 | ||||
| Intangible assets | 428 | 421 | ||||
| Deferred tax assets | 672 | 702 | ||||
| Goodwill | 1,228 | 1,228 | ||||
| Other noncurrent assets | 1,171 | 1,277 | ||||
| Total assets | $ | 67,874 | $ | 66,283 | ||
| Liabilities and equity | ||||||
| Accounts payable and accrued expenses | $ | 5,438 | $ | 6,090 | ||
| Current debt | 171 | 103 | ||||
| Other current liabilities | 916 | 1,346 | ||||
| Total current liabilities | 6,525 | 7,539 | ||||
| Long-term debt | 10,094 | 6,803 | ||||
| Noncurrent operating lease liabilities | 625 | 610 | ||||
| Noncurrent unearned government incentives | 516 | 589 | ||||
| Other noncurrent liabilities | 808 | 835 | ||||
| Total liabilities | 18,568 | 16,376 | ||||
| Commitments and contingencies | ||||||
| Shareholders’ equity | ||||||
| Common stock | 123 | 123 | ||||
| Additional capital | 10,335 | 10,197 | ||||
| Retained earnings | 46,873 | 47,274 | ||||
| Treasury stock | (7,552 | ) | (7,127 | ) | ||
| Accumulated other comprehensive income (loss) | (473 | ) | (560 | ) | ||
| Total equity | 49,306 | 49,907 | ||||
| Total liabilities and equity | $ | 67,874 | $ | 66,283 | ||
MICRON TECHNOLOGY, INC.
