NVIDIA Announces Financial Results for Third Quarter Fiscal 2024
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NVIDIA CORPORATION | |
CONDENSED CONSOLIDATED BALANCE SHEETS | | (In millions) | | (Unaudited) | | | | | | | | | | | | | | | | | | | | | |
October 29, | |
January 29, | | | | | |
2023 | |
2023 | |
ASSETS | | | | | | | | | | | | | | Current assets: | | | | | | | Cash, cash equivalents and marketable securities | | $ | 18,281 | | $ | 13,296 | | | Accounts receivable, net | | | 8,309 | | | 3,827 | | | Inventories | | | 4,779 | | | 5,159 | | | Prepaid expenses and other current assets | | | 1,289 | | | 791 | | | |
Total current assets | | |
32,658 | | |
23,073 | | | | | | | | | | Property and equipment, net | | | 3,844 | | | 3,807 | | Operating lease assets | | | 1,316 | | | 1,038 | | Goodwill | | | 4,430 | | | 4,372 | | Intangible assets, net | | | 1,251 | | | 1,676 | | Deferred income tax assets | | | 5,982 | | | 3,396 | | Other assets | | | 4,667 | | | 3,820 | | | |
Total assets | |
$ |
54,148 | |
$ |
41,182 | | | | | | | | | |
LIABILITIES AND SHAREHOLDERS’ EQUITY | | | | | | | | | | Current liabilities: | | | | | | | Accounts payable | | $ | 2,380 | | $ | 1,193 | | | Accrued and other current liabilities | | | 5,472 | | | 4,120 | | | Short-term debt | | | 1,249 | | | 1,250 | | | |
Total current liabilities | | |
9,101 | | |
6,563 | | | | | | | | | | Long-term debt | | | 8,457 | | | 9,703 | | Long-term operating lease liabilities | | | 1,091 | | | 902 | | Other long-term liabilities | | | 2,234 | | | 1,913 | | | |
Total liabilities | | |
20,883 | | |
19,081 | | | | | | | | | | Shareholders’ equity | | | 33,265 | | | 22,101 | | | |
Total liabilities and shareholders’ equity | |
$ |
54,148 | |
$ |
41,182 | | | | | | | | |
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