Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2019

CONSOLIDATED FINANCIAL SUMMARY, Continued

As of  August 29,
 2019
  May 30,
 2019
  August 30,
 2018
Cash and short-term investments $7,955  $6,689  $6,802 
Receivables (1) 3,195  3,257  5,478 
Inventories 5,118  4,905  3,595 
Total current assets (1) 16,503  15,066  16,039 
Long-term marketable investments 1,164  1,167  473 
Property, plant, and equipment 28,240  27,138  23,672 
Total assets 48,887  46,288  43,376 
       
Accounts payable and accrued expenses 4,626  3,494  4,374 
Current debt (3) 1,310  1,346  859 
Total current liabilities 6,390  5,397  5,754 
Long-term debt (3) 4,541  3,563  3,777 
       
Total Micron shareholders' equity (1) 35,881  35,323  32,294 
Noncontrolling interests in subsidiaries 889    867     870  
Total equity   36,770     36,190     33,164  

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