Marvell Technology, Inc. 
Condensed Consolidated Balance Sheets (Unaudited) 
(In millions)

May 4,
2024

February 3,
2024

Assets

Current assets:

Cash and cash equivalents

$              847.7

$              950.8

Accounts receivable, net

881.9

1,121.6

Inventories

826.4

864.4

Prepaid expenses and other current assets

91.7

125.9

Total current assets

2,647.7

3,062.7

Property and equipment, net

758.0

756.0

Goodwill

11,586.9

11,586.9

Acquired intangible assets, net

3,739.2

4,004.1

Deferred tax assets

327.0

311.9

Other non-current assets

1,432.2

1,506.9

Total assets

$        20,491.0

$        21,228.5

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

$              320.9

$              411.3

Accrued liabilities

861.0

1,032.9

Accrued employee compensation

167.5

262.7

Short-term debt

118.3

107.3

Total current liabilities

1,467.7

1,814.2

Long-term debt

4,027.6

4,058.6

Other non-current liabilities

517.0

524.3

Total liabilities

6,012.3

6,397.1

Stockholders' equity:

Common stock

1.7

1.7

Additional paid-in capital

14,760.7

14,845.3

Accumulated other comprehensive income

0.4

1.1

Accumulated deficit

(284.1)

(16.7)

Total stockholders' equity

14,478.7

14,831.4

Total liabilities and stockholders' equity

$        20,491.0

$        21,228.5