| MICRON TECHNOLOGY, INC. | |||||||||
| CONSOLIDATED BALANCE SHEETS | |||||||||
| (In millions) | |||||||||
| (Unaudited) | |||||||||
| As of |
February 29,
2024 |
November 30,
2023 |
August 31,
2023 | ||||||
| Assets | |||||||||
| Cash and equivalents | $ | 8,016 | $ | 8,075 | $ | 8,577 | |||
| Short-term investments | 990 | 973 | 1,017 | ||||||
| Receivables | 4,296 | 2,943 | 2,443 | ||||||
| Inventories | 8,443 | 8,276 | 8,387 | ||||||
| Other current assets | 1,690 | 791 | 820 | ||||||
| Total current assets | 23,435 | 21,058 | 21,244 | ||||||
| Long-term marketable investments | 627 | 720 | 844 | ||||||
| Property, plant, and equipment | 37,587 | 37,677 | 37,928 | ||||||
| Operating lease right-of-use assets | 642 | 648 | 666 | ||||||
| Intangible assets | 414 | 416 | 404 | ||||||
| Deferred tax assets | 664 | 781 | 756 | ||||||
| Goodwill | 1,150 | 1,150 | 1,150 | ||||||
| Other noncurrent assets | 1,199 | 1,326 | 1,262 | ||||||
| Total assets | $ | 65,718 | $ | 63,776 | $ | 64,254 | |||
| Liabilities and equity | |||||||||
| Accounts payable and accrued expenses | $ | 4,680 | $ | 3,946 | $ | 3,958 | |||
| Current debt | 344 | 908 | 278 | ||||||
| Other current liabilities | 1,235 | 1,108 | 529 | ||||||
| Total current liabilities | 6,259 | 5,962 | 4,765 | ||||||
| Long-term debt | 13,378 | 12,597 | 13,052 | ||||||
| Noncurrent operating lease liabilities | 593 | 601 | 603 | ||||||
| Noncurrent unearned government incentives | 662 | 705 | 727 | ||||||
| Other noncurrent liabilities | 956 | 1,026 | 987 | ||||||
| Total liabilities | 21,848 | 20,891 | 20,134 | ||||||
| Commitments and contingencies | |||||||||
| Shareholders’ equity | |||||||||
| Common stock | 125 | 124 | 124 | ||||||
| Additional capital | 11,564 | 11,217 | 11,036 | ||||||
| Retained earnings | 39,997 | 39,356 | 40,824 | ||||||
| Treasury stock | (7,552 | ) | (7,552 | ) | (7,552 | ) | |||
| Accumulated other comprehensive income (loss) | (264 | ) | (260 | ) | (312 | ) | |||
| Total equity | 43,870 | 42,885 | 44,120 | ||||||
| Total liabilities and equity | $ | 65,718 | $ | 63,776 | $ | 64,254 | |||
