Applied Materials Announces Third Quarter 2019 Results


APPLIED MATERIALS, INC.
UNAUDITED CONSOLIDATED CONDENSED BALANCE SHEETS

(In millions)July 28,
 2019
 October 28,
 2018
ASSETS       
Current assets:   
Cash and cash equivalents$3,014  $3,440 
Short-term investments547  590 
Accounts receivable, net2,373  2,323 
Inventories3,539  3,721 
Other current assets569  530 
Total current assets10,042  10,604 
Long-term investments1,650  1,568 
Property, plant and equipment, net1,513  1,407 
Goodwill3,399  3,368 
Purchased technology and other intangible assets, net170  213 
Deferred income taxes and other assets2,031  473 
Total assets$18,805  $17,633 
LIABILITIES AND STOCKHOLDERS’ EQUITY   
Current liabilities:   
Accounts payable and accrued expenses$2,355  $2,721 
Contract liabilities1,430  1,201 
Total current liabilities3,785  3,922 
Income taxes payable1,253  1,254 
Long-term debt5,312   5,309  
Other liabilities 339     303  
Total liabilities 10,689     10,788  
Total stockholders’ equity 8,116     6,845  
Total liabilities and stockholders’ equity $ 18,805     $ 17,633  



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