Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Reported Income

Costco Wholesale Corp., adjusted current assets

US$ in millions

	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019	Sep 2, 2018
As Reported
Current assets	35,879)	32,696)	29,505)	28,120)	23,485)	20,289)
Adjustments
Add: LIFO reserve¹	—)	438)	—)	—)	—)	—)
After Adjustment
Adjusted current assets	35,879)	33,134)	29,505)	28,120)	23,485)	20,289)

Based on: 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02).

¹ LIFO reserve. See details »

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Costco Wholesale Corp., adjusted total assets

US$ in millions

	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019	Sep 2, 2018
As Reported
Total assets	68,994)	64,166)	59,268)	55,556)	45,400)	40,830)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	1,882)	1,825)
Add: LIFO reserve²	—)	438)	—)	—)	—)	—)
Less: Deferred income tax assets (included in Other long-term assets)³	491)	445)	444)	406)	398)	316)
After Adjustment
Adjusted total assets	68,503)	64,159)	58,824)	55,150)	46,884)	42,339)

Based on: 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² LIFO reserve. See details »

³ Deferred income tax assets (included in Other long-term assets). See details »

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Costco Wholesale Corp., adjusted total liabilities

US$ in millions

	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019	Sep 2, 2018
As Reported
Total liabilities	43,936)	43,519)	41,190)	36,851)	29,816)	27,727)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	1,882)	1,825)
Less: Deferred income tax liabilities (included in Other long-term liabilities)²	795)	724)	754)	665)	543)	317)
After Adjustment
Adjusted total liabilities	43,141)	42,795)	40,436)	36,186)	31,155)	29,235)

Based on: 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred income tax liabilities (included in Other long-term liabilities). See details »

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Costco Wholesale Corp., adjusted total Costco stockholders’ equity

US$ in millions

	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019	Sep 2, 2018
As Reported
Total Costco stockholders’ equity	25,058)	20,642)	17,564)	18,284)	15,243)	12,799)
Adjustments
Less: Net deferred tax assets (liabilities)¹	(304)	(279)	(310)	(259)	(145)	(1)
Add: LIFO reserve²	—)	438)	—)	—)	—)	—)
Add: Noncontrolling interests	—)	5)	514)	421)	341)	304)
After Adjustment
Adjusted total equity	25,362)	21,364)	18,388)	18,964)	15,729)	13,104)

Based on: 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02).

¹ Net deferred tax assets (liabilities). See details »

² LIFO reserve. See details »

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Costco Wholesale Corp., adjusted capitalization table

US$ in millions

	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019	Sep 2, 2018
As Reported
Current portion of long-term debt	1,081)	73)	799)	95)	1,699)	90)
Current finance lease liabilities	129)	245)	72)	31)	26)	7)
Long-term debt, excluding current portion	5,377)	6,484)	6,692)	7,514)	5,124)	6,487)
Long-term finance lease liabilities	1,303)	1,383)	980)	657)	395)	390)
Total reported debt	7,890)	8,185)	8,543)	8,297)	7,244)	6,974)
Total Costco stockholders’ equity	25,058)	20,642)	17,564)	18,284)	15,243)	12,799)
Total reported capital	32,948)	28,827)	26,107)	26,581)	22,487)	19,773)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	1,882)	1,825)
Add: Current operating lease liabilities (included in other current liabilities in the consolidated balance sheets)²	220)	239)	222)	231)	—)	—)
Add: Long-term operating lease liabilities³	2,426)	2,482)	2,642)	2,558)	—)	—)
Adjusted total debt	10,536)	10,906)	11,407)	11,086)	9,126)	8,799)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	(304)	(279)	(310)	(259)	(145)	(1)
Add: LIFO reserve⁵	—)	438)	—)	—)	—)	—)
Add: Noncontrolling interests	—)	5)	514)	421)	341)	304)
Adjusted total equity	25,362)	21,364)	18,388)	18,964)	15,729)	13,104)
After Adjustment
Adjusted total capital	35,898)	32,270)	29,795)	30,050)	24,855)	21,903)

Based on: 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (included in other current liabilities in the consolidated balance sheets). See details »

³ Long-term operating lease liabilities. See details »

⁴ Net deferred tax assets (liabilities). See details »

⁵ LIFO reserve. See details »

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Costco Wholesale Corp., adjusted net income attributable to Costco

US$ in millions

12 months ended:	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019	Sep 2, 2018
As Reported
Net income attributable to Costco	6,292)	5,844)	5,007)	4,002)	3,659)	3,134)
Adjustments
Add: Deferred income tax expense (benefit)¹	33)	(57)	61)	90)	150)	(50)
Add: Increase (decrease) in LIFO reserve²	(438)	438)	—)	—)	—)	64)
Add: Other comprehensive income (loss), net	24)	(721)	181)	162)	(245)	(192)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	—)	36)	93)	80)	37)	38)
After Adjustment
Adjusted net income including noncontrolling interests	5,911)	5,540)	5,342)	4,334)	3,601)	2,994)

Based on: 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02).

¹ Deferred income tax expense (benefit). See details »

² Increase (decrease) in LIFO reserve. See details »

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Costco Wholesale Corp. (NASDAQ:COST)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Reported Income