Applied Materials Announces Third Quarter 2024 Results

APPLIED MATERIALS, INC.
UNAUDITED CONSOLIDATED CONDENSED BALANCE SHEETS
 
(In millions)July 28,
2024
 October 29,
2023
ASSETS   
Current assets:   
Cash and cash equivalents$8,288 $6,132
Short-term investments 815  737
Accounts receivable, net 4,970  5,165
Inventories 5,568  5,725
Other current assets 1,030  1,388
Total current assets 20,671  19,147
Long-term investments 2,981  2,281
Property, plant and equipment, net 3,100  2,723
Goodwill 3,732  3,732
Purchased technology and other intangible assets, net 262  294
Deferred income taxes and other assets 2,901  2,552
Total assets$33,647 $30,729
LIABILITIES AND STOCKHOLDERS’ EQUITY   
Current liabilities:   
Short-term debt$99 $100
Accounts payable and accrued expenses   4,387     4,297
Contract liabilities   2,742     2,975
Total current liabilities   7,228     7,372
Long-term debt   6,158     5,461
Income taxes payable   671     833
Other liabilities   750     714
Total liabilities   14,807     14,380
Total stockholders’ equity   18,840     16,349
Total liabilities and stockholders’ equity $ 33,647   $ 30,729



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