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

August 3,
2024

February 3,
2024

Assets

Current assets:

Cash and cash equivalents

$              808.7

$              950.8

Accounts receivable, net

1,060.1

1,121.6

Inventories

817.8

864.4

Prepaid expenses and other current assets

77.3

125.9

Total current assets

2,763.9

3,062.7

Property and equipment, net

781.5

756.0

Goodwill

11,586.9

11,586.9

Acquired intangible assets, net

3,463.4

4,004.1

Deferred tax assets

347.5

311.9

Other non-current assets

1,350.2

1,506.9

Total assets

$        20,293.4

$        21,228.5

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

$              453.4

$              411.3

Accrued liabilities

763.8

1,032.9

Accrued employee compensation

200.0

262.7

Short-term debt

129.3

107.3

Total current liabilities

1,546.5

1,814.2

Long-term debt

3,996.5

4,058.6

Other non-current liabilities

545.5

524.3

Total liabilities

6,088.5

6,397.1

Stockholders' equity:

Common stock

1.7

1.7

Additional paid-in capital

14,732.9

14,845.3

Accumulated other comprehensive income (loss)

(0.4)

1.1

Accumulated deficit

(529.3)

(16.7)

Total stockholders' equity

14,204.9

14,831.4

Total liabilities and stockholders' equity

$        20,293.4

$        21,228.5