Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Apple Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Mar 29, 2025	Dec 28, 2024	Sep 28, 2024	Jun 29, 2024	Mar 30, 2024	Dec 30, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Sep 24, 2022	Jun 25, 2022	Mar 26, 2022	Dec 25, 2021	Sep 25, 2021	Jun 26, 2021	Mar 27, 2021	Dec 26, 2020	Sep 26, 2020	Jun 27, 2020	Mar 28, 2020	Dec 28, 2019	Sep 28, 2019	Jun 29, 2019	Mar 30, 2019	Dec 29, 2018
Cash and cash equivalents	28,162)	30,299)	29,943)	25,565)	32,695)	40,760)	29,965)	28,408)	24,687)	20,535)	23,646)	27,502)	28,098)	37,119)	34,940)	34,050)	38,466)	36,010)	38,016)	33,383)	40,174)	39,771)	48,844)	50,530)	37,988)	44,771)
Current marketable securities	20,336)	23,476)	35,228)	36,236)	34,455)	32,340)	31,590)	34,074)	31,185)	30,820)	24,658)	20,729)	23,413)	26,794)	27,699)	27,646)	31,368)	40,816)	52,927)	59,642)	53,877)	67,391)	51,713)	44,084)	42,104)	41,656)
Accounts receivable, net	26,136)	29,639)	33,410)	22,795)	21,837)	23,194)	29,508)	19,549)	17,936)	23,752)	28,184)	21,803)	20,815)	30,213)	26,278)	17,475)	18,503)	27,101)	16,120)	17,882)	15,722)	20,970)	22,926)	14,148)	15,085)	18,077)
Vendor non-trade receivables	23,662)	29,667)	32,833)	20,377)	19,313)	26,908)	31,477)	19,637)	17,963)	30,428)	32,748)	20,439)	24,585)	35,040)	25,228)	16,433)	14,533)	31,519)	21,325)	14,193)	14,955)	18,976)	22,878)	12,326)	11,193)	18,904)
Inventories	6,269)	6,911)	7,286)	6,165)	6,232)	6,511)	6,331)	7,351)	7,482)	6,820)	4,946)	5,433)	5,460)	5,876)	6,580)	5,178)	5,219)	4,973)	4,061)	3,978)	3,334)	4,097)	4,106)	3,355)	4,884)	4,988)
Other current assets	14,109)	13,248)	14,287)	14,297)	13,884)	13,979)	14,695)	13,640)	13,660)	16,422)	21,223)	16,386)	15,809)	18,112)	14,111)	13,641)	13,376)	13,687)	11,264)	10,987)	15,691)	12,026)	12,352)	10,530)	12,092)	12,432)
Current assets	118,674)	133,240)	152,987)	125,435)	128,416)	143,692)	143,566)	122,659)	112,913)	128,777)	135,405)	112,292)	118,180)	153,154)	134,836)	114,423)	121,465)	154,106)	143,713)	140,065)	143,753)	163,231)	162,819)	134,973)	123,346)	140,828)
Non-current marketable securities	84,424)	87,593)	91,479)	91,240)	95,187)	99,475)	100,544)	104,061)	110,461)	114,095)	120,805)	131,077)	141,219)	138,683)	127,877)	131,948)	134,539)	118,745)	100,887)	100,592)	98,793)	99,899)	105,341)	115,996)	145,319)	158,608)
Property, plant and equipment, net	46,876)	46,069)	45,680)	44,502)	43,546)	43,666)	43,715)	43,550)	43,398)	42,951)	42,117)	40,335)	39,304)	39,245)	39,440)	38,615)	37,815)	37,933)	36,766)	35,687)	35,889)	37,031)	37,378)	37,636)	38,746)	39,597)
Other non-current assets	81,259)	77,183)	74,834)	70,435)	70,262)	66,681)	64,758)	64,768)	65,388)	60,924)	54,428)	52,605)	51,959)	50,109)	48,849)	44,854)	43,339)	43,270)	42,522)	41,000)	41,965)	40,457)	32,978)	33,634)	34,587)	34,686)
Non-current assets	212,559)	210,845)	211,993)	206,177)	208,995)	209,822)	209,017)	212,379)	219,247)	217,970)	217,350)	224,017)	232,482)	228,037)	216,166)	215,417)	215,693)	199,948)	180,175)	177,279)	176,647)	177,387)	175,697)	187,266)	218,652)	232,891)
Total assets	331,233)	344,085)	364,980)	331,612)	337,411)	353,514)	352,583)	335,038)	332,160)	346,747)	352,755)	336,309)	350,662)	381,191)	351,002)	329,840)	337,158)	354,054)	323,888)	317,344)	320,400)	340,618)	338,516)	322,239)	341,998)	373,719)

The analysis of the quarterly financial data reveals several significant trends and fluctuations in various asset categories over the observed periods.

Cash and Cash Equivalents: There is notable volatility in cash and cash equivalents, fluctuating between approximately 20,535 million and 44,771 million US dollars. The values tend to peak towards the end of calendar years and somewhat decline in the subsequent quarters, showing irregular cash management or seasonal cash flow patterns.
Current Marketable Securities: The current marketable securities exhibit a downward trend from around 67,391 million to roughly 20,336 million US dollars in recent periods. A sharp decline is seen particularly after 2019, indicating possible asset reallocation or liquidity adjustments within the current asset segment.
Accounts Receivable, Net: The accounts receivable balance fluctuates without a clear upward or downward trend, ranging between 14,148 million and 33,410 million US dollars. Peaks align sporadically, suggesting variations in credit sales and collection cycles, but no persistent increase or decrease is evident.
Vendor Non-trade Receivables: These receivables show considerable variability, rising from about 11,193 million to over 35,040 million US dollars at certain points. The variations imply shifts in the company's extended receivables management or vendor-related transactions, with peaks often occurring near fiscal year-ends.
Inventories: Inventory levels display cyclical fluctuations with values mostly oscillating between roughly 3,300 million and 7,400 million US dollars. The general pattern indicates seasonal inventory adjustments consistent with production cycles or product launches but lacks a definitive trend.
Other Current Assets: Other current assets increase gradually from around 10,530 million to a peak near 21,223 million US dollars before showing some decrease. The trend suggests growing diversification or buildup of miscellaneous current assets in recent periods.
Current Assets: Current assets overall rise and fall accordingly with fluctuations in components such as cash, securities, receivables, inventories, and other assets. The total spans from approximately 112,292 million to 162,819 million US dollars, with peaks in late 2019 and late 2020, followed by a decline and eventual partial recovery, indicative of dynamic working capital management.
Non-current Marketable Securities: This category trends downward from roughly 158,608 million to around 84,424 million US dollars, implying a long-term reduction in investment securities, possibly reflecting strategic asset sales or portfolio reallocations.
Property, Plant, and Equipment, Net: Property, plant, and equipment hold relatively stable values, gently increasing from about 37,031 million to 46,876 million US dollars. This steady rise suggests ongoing capital expenditures and asset enhancement consistent with growth or capacity maintenance.
Other Non-current Assets: Other non-current assets progressively increase from about 32,978 million to over 81,259 million US dollars, indicating expansion in intangible assets, long-term investments, or deferred items over the reporting periods.
Non-current Assets: Total non-current assets show a declining trend initially, dropping from around 232,891 million to about 206,177 million, then stabilizing and slightly increasing to 212,559 million US dollars. This pattern illustrates a potential phase of asset disposals or impairments followed by renewed investment.
Total Assets: Total assets fluctuate between approximately 320,400 million and 381,191 million US dollars, peaking at the end of 2021 before declining thereafter. The shifts reflect combined effects of changes in current and non-current assets, signaling adjustments in the company’s overall financial position and asset management strategies.

Assets: Selected Items

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Current Assets: Selected Items

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Apple Inc. (NASDAQ:AAPL)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data