Microchip Technology Announces Record Financial Results for Fourth Quarter and Fiscal Year 2021

 
MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in millions)
 
ASSETS
 March 31, March 31,
 2021 2020
 (Unaudited)  
Cash and short-term investments$282.0  $403.0 
Accounts receivable, net997.7  934.0 
Inventories665.0  685.7 
Other current assets200.5  194.5 
Total current assets2,145.2  2,217.2 
    
Property, plant and equipment, net854.7  876.1 
Other assets13,478.9  14,332.8 
Total assets$16,478.8  $17,426.1 
    
LIABILITIES AND STOCKHOLDERS' EQUITY
    
Accounts payable and accrued liabilities$1,086.7  $1,028.6 
Current portion of long-term debt1,322.9  608.8 
Total current liabilities2,409.6  1,637.4 
    
Long-term debt 7,581.2     8,873.4  
Long-term income tax payable 689.9     668.4  
Long-term deferred tax liability 43.9     318.5  
Other long-term liabilities 417.1     342.9  
       
Stockholders' equity 5,337.1     5,585.5  
Total liabilities and stockholders' equity $ 16,478.8     $ 17,426.1  
               

MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES

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