Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Sep. 24, 2023
Sep. 25, 2022
Current assets:    
Cash and cash equivalents $ 8,450 $ 2,773
Marketable securities 2,874 3,609
Accounts receivable, net 3,183 5,643
Inventories 6,422 6,341
Held for sale assets 341 733
Other current assets 1,194 1,625
Total current assets 22,464 20,724
Deferred tax assets 3,310 1,803
Property, plant and equipment, net 5,042 5,168
Goodwill [1] 10,642 10,508
Other intangible assets, net 1,408 1,882
Held for sale assets 88 1,200
Other assets 8,086 7,729
Total assets 51,040 49,014
Current liabilities:    
Trade accounts payable 1,912 3,796
Payroll and other benefits related liabilities 1,685 1,486
Unearned revenues 293 369
Short-term debt 914 1,945
Held for sale liabilities 333 581
Other current liabilities 4,491 3,689
Total current liabilities 9,628 11,866
Unearned revenues 99 144
Income taxes payable 1,080 1,472
Long-term debt 14,484 13,537
Held for sale liabilities 38 119
Other liabilities 4,130 3,863
Total liabilities 29,459 31,001
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 8 shares authorized; none outstanding $ 0 $ 0
Preferred Stock, Par or Stated Value Per Share $ 0.0001 $ 0.0001
Preferred Stock, Shares Authorized 8 8
Preferred Stock, Shares Outstanding 0 0
Common stock and paid-in capital, $0.0001 par value; 6,000 shares authorized; 1,114 and 1,121 shares issued and outstanding, respectively $ 490 $ 195
Common Stock, Par or Stated Value Per Share $ 0.0001 $ 0.0001
Common Stock, Shares Authorized 6,000 6,000
Common Stock, Shares, Issued 1,114 1,121
Retained earnings $ 20,733 $ 17,840
Accumulated other comprehensive income (loss) 358 (22)
Total stockholders’ equity 21,581 18,013
Total liabilities and stockholders’ equity $ 51,040 $ 49,014
[1] Cumulative goodwill impairments were $812 million at both September 24, 2023 and September 25, 2022.