|
MICRON TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS (In millions) (Unaudited) | |||||||||
| As of |
June 1,
2023 |
March 2,
2023 |
September 1,
2022 | ||||||
| Assets | |||||||||
| Cash and equivalents | $ | 9,298 | $ | 9,798 | $ | 8,262 | |||
| Short-term investments | 1,054 | 1,020 | 1,069 | ||||||
| Receivables | 2,429 | 2,278 | 5,130 | ||||||
| Inventories | 8,238 | 8,129 | 6,663 | ||||||
| Other current assets | 715 | 673 | 657 | ||||||
| Total current assets | 21,734 | 21,898 | 21,781 | ||||||
| Long-term marketable investments | 973 | 1,212 | 1,647 | ||||||
| Property, plant, and equipment | 38,727 | 39,085 | 38,549 | ||||||
| Operating lease right-of-use assets | 655 | 673 | 678 | ||||||
| Intangible assets | 410 | 410 | 421 | ||||||
| Deferred tax assets | 708 | 697 | 702 | ||||||
| Goodwill | 1,252 | 1,228 | 1,228 | ||||||
| Other noncurrent assets | 1,221 | 1,317 | 1,277 | ||||||
| Total assets | $ | 65,680 | $ | 66,520 | $ | 66,283 | |||
| Liabilities and equity | |||||||||
| Accounts payable and accrued expenses | $ | 4,177 | $ | 4,310 | $ | 6,090 | |||
| Current debt | 259 | 237 | 103 | ||||||
| Other current liabilities | 668 | 708 | 1,346 | ||||||
| Total current liabilities | 5,104 | 5,255 | 7,539 | ||||||
| Long-term debt | 12,986 | 12,037 | 6,803 | ||||||
| Noncurrent operating lease liabilities | 603 | 610 | 610 | ||||||
| Noncurrent unearned government incentives | 632 | 529 | 589 | ||||||
| Other noncurrent liabilities | 950 | 832 | 835 | ||||||
| Total liabilities | 20,275 | 19,263 | 16,376 | ||||||
| Commitments and contingencies | |||||||||
| Shareholders’ equity | |||||||||
| Common stock | 124 | 123 | 123 | ||||||
| Additional capital | 10,782 | 10,633 | 10,197 | ||||||
| Retained earnings | 42,391 | 44,426 | 47,274 | ||||||
| Treasury stock | (7,552 | ) | (7,552 | ) | (7,127 | ) | |||
| Accumulated other comprehensive income (loss) | (340 | ) | (373 | ) | (560 | ) | |||
| Total equity | 45,405 | 47,257 | 49,907 | ||||||
| Total liabilities and equity | $ | 65,680 | $ | 66,520 | $ | 66,283 | |||
