Marvell Technology, Inc. Condensed Consolidated Balance Sheets (Unaudited) (In millions) | ||||
| ||||
|
| October 28,
|
| January 28,
|
Assets |
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
| $ 725.6 |
| $ 911.0 |
Accounts receivable, net |
| 1,214.6 |
| 1,192.2 |
Inventories |
| 941.5 |
| 1,068.3 |
Prepaid expenses and other current assets |
| 91.5 |
| 109.6 |
Total current assets |
| 2,973.2 |
| 3,281.1 |
Property and equipment, net |
| 701.6 |
| 577.4 |
Goodwill |
| 11,586.9 |
| 11,586.9 |
Acquired intangible assets, net |
| 4,290.4 |
| 5,102.0 |
Deferred tax assets |
| 759.5 |
| 465.9 |
Other non-current assets |
| 1,402.8 |
| 1,508.8 |
Total assets |
| $ 21,714.4 |
| $ 22,522.1 |
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
Current liabilities: |
|
|
|
|
Accounts payable |
| $ 419.1 |
| $ 465.8 |
Accrued liabilities |
| 1,119.2 |
| 1,092.0 |
Accrued employee compensation |
| 245.0 |
| 244.5 |
Short-term debt |
| 96.3 |
| 584.4 |
Total current liabilities |
| 1,879.6 |
| 2,386.7 |
Long-term debt |
| 4,089.6 |
| 3,907.7 |
Other non-current liabilities |
| 511.8 |
| 590.5 |
Total liabilities |
| 6,481.0 |
| 6,884.9 |
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
Common stock |
| 1.7 |
| 1.7 |
Additional paid-in capital |
| 14,805.2 |
| 14,512.0 |
Accumulated other comprehensive loss |
| (1.4) |
| — |
Retained earnings |
| 427.9 |
| 1,123.5 |
Total stockholders' equity |
| 15,233.4 |
| 15,637.2 |
Total liabilities and stockholders' equity |
| $ 21,714.4 |
| $ 22,522.1 |