Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2024

MICRON TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)

As of May 30,
2024
February 29,
2024
August 31,
2023
    
Assets   
Cash and equivalents$7,594 $8,016 $8,577 
Short-term investments 785  990  1,017 
Receivables 5,131  4,296  2,443 
Inventories 8,512  8,443  8,387 
Other current assets 1,297  1,690  820 
Total current assets 23,319  23,435  21,244 
Long-term marketable investments 775  627     844  
Property, plant, and equipment   37,926     37,587     37,928  
Operating lease right-of-use assets   660     642     666  
Intangible assets   413     414     404  
Deferred tax assets   597     664     756  
Goodwill   1,150     1,150     1,150  
Other noncurrent assets   1,415     1,199     1,262  
Total assets $ 66,255   $ 65,718   $ 64,254  
       
Liabilities and equity      
Accounts payable and accrued expenses $ 5,145   $ 4,680   $ 3,958  
Current debt   398     344     278  
Other current liabilities   1,297     1,235     529  
Total current liabilities   6,840     6,259     4,765  
Long-term debt   12,860     13,378     13,052  
Noncurrent operating lease liabilities   609     593     603  
Noncurrent unearned government incentives   672     662     727  
Other noncurrent liabilities   1,049     956     987  
Total liabilities   22,030     21,848     20,134  
       
Commitments and contingencies      
       
Shareholders’ equity      
Common stock   125     125     124  
Additional capital   11,794     11,564     11,036  
Retained earnings   40,169     39,997     40,824  
Treasury stock   (7,552 )   (7,552 )   (7,552 )
Accumulated other comprehensive income (loss)   (311 )   (264 )   (312 )
Total equity   44,225     43,870     44,120  
Total liabilities and equity $ 66,255   $ 65,718   $ 64,254  
                   



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise