Stock Analysis on Net
Stock Analysis on Net

Micron Technology Inc. (NASDAQ:MU)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Micron Technology Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 Jun 1, 2023 Mar 2, 2023 Dec 1, 2022 Sep 1, 2022 Jun 2, 2022 Mar 3, 2022 Dec 2, 2021 Sep 2, 2021 Jun 3, 2021 Mar 4, 2021 Dec 3, 2020 Sep 3, 2020 May 28, 2020 Feb 27, 2020 Nov 28, 2019 Aug 29, 2019 May 30, 2019 Feb 28, 2019 Nov 29, 2018 Aug 30, 2018 May 31, 2018 Mar 1, 2018 Nov 30, 2017
Accounts payable and accrued expenses 7.12 6.19 6.16 6.36 6.48 8.01 9.19 8.86 8.87 8.93 9.05 7.91 8.40 9.04 10.84 10.31 10.23 10.89 9.46 7.55 8.55 9.42 10.63 9.55 10.16 10.13
Current debt 0.52 1.42 0.43 0.39 0.36 0.25 0.16 0.16 0.19 0.19 0.26 0.53 0.60 0.51 0.50 0.63 0.48 0.93 2.68 2.91 5.55 0.89 1.98 3.47 3.67 3.77
Other current liabilities 1.88 1.74 0.82 1.02 1.06 1.35 2.03 1.71 1.80 1.51 1.60 1.32 1.03 1.04 1.02 0.94 1.02 0.90 0.93 1.20 1.40 1.33 0.65 1.03 1.03 1.12
Current liabilities 9.52% 9.35% 7.42% 7.77% 7.90% 9.61% 11.37% 10.73% 10.86% 10.63% 10.92% 9.76% 10.04% 10.59% 12.36% 11.89% 11.73% 12.72% 13.07% 11.66% 15.50% 11.64% 13.27% 14.06% 14.87% 15.01%
Long-term debt 20.36 19.75 20.31 19.77 18.10 14.87 10.26 10.50 10.92 11.27 11.25 11.47 11.63 11.84 11.87 12.22 10.45 10.45 9.29 7.70 7.59 8.37 8.71 14.08 18.91 20.55
Noncurrent operating lease liabilities 0.90 0.94 0.94 0.92 0.92 0.92 0.92 0.96 0.84 0.85 0.86 0.92 0.98 0.99 0.99 1.04 1.10 1.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Noncurrent unearned government incentives 1.01 1.11 1.13 0.96 0.80 0.76 0.89 1.02 1.11 1.25 1.37 1.29 1.22 1.22 1.20 1.06 1.18 1.23 1.30 1.34 0.00 0.00 0.00 0.00 0.00 0.00
Other noncurrent liabilities 1.45 1.61 1.54 1.45 1.25 1.19 1.26 1.31 1.16 1.03 0.95 1.02 1.02 1.03 0.93 0.87 0.77 0.86 0.92 0.90 2.09 1.87 1.34 1.31 1.81 1.49
Noncurrent liabilities 23.72% 23.41% 23.92% 23.10% 21.06% 17.74% 13.33% 13.79% 14.02% 14.41% 14.43% 14.70% 14.85% 15.08% 14.99% 15.19% 13.51% 13.56% 11.51% 9.94% 9.68% 10.24% 10.05% 15.39% 20.72% 22.04%
Total liabilities 33.25% 32.76% 31.34% 30.87% 28.96% 27.36% 24.71% 24.53% 24.89% 25.04% 25.35% 24.46% 24.89% 25.67% 27.35% 27.09% 25.23% 26.29% 24.59% 21.60% 25.18% 21.88% 23.31% 29.45% 35.58% 37.05%
Redeemable convertible notes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.03 0.05
Redeemable noncontrolling interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.19 0.20 0.20 0.20 0.21 0.20 0.22 0.22 0.00 0.00 0.00
Common stock, $0.10 par value 0.19 0.19 0.19 0.19 0.18 0.18 0.19 0.19 0.19 0.20 0.21 0.21 0.22 0.22 0.22 0.23 0.24 0.24 0.24 0.25 0.25 0.26 0.27 0.28 0.28 0.31
Additional capital 17.60 17.59 17.18 16.42 15.98 15.23 15.38 15.24 15.41 15.62 16.06 16.60 17.06 16.83 16.61 16.85 17.57 16.98 16.80 17.75 17.15 18.72 18.91 21.19 23.28 25.40
Retained earnings 60.86 61.71 63.54 64.54 66.79 69.06 71.32 70.32 68.15 67.38 66.36 65.16 64.14 63.58 62.19 62.31 63.65 62.88 62.92 65.25 61.84 62.27 56.24 47.96 39.37 34.79
Treasury stock -11.49 -11.84 -11.75 -11.50 -11.35 -11.13 -10.75 -9.71 -8.42 -8.09 -7.98 -6.52 -6.46 -6.51 -6.51 -6.64 -6.88 -6.59 -6.59 -6.96 -6.45 -5.30 -0.99 -1.03 -0.76 0.00
Accumulated other comprehensive income (loss) -0.40 -0.41 -0.49 -0.52 -0.56 -0.70 -0.84 -0.56 -0.22 -0.15 0.00 0.08 0.15 0.20 0.13 -0.02 -0.02 0.01 0.02 0.02 0.01 -0.01 0.02 0.05 0.10 0.06
Total Micron shareholders’ equity 66.75% 67.24% 68.66% 69.13% 71.04% 72.64% 75.29% 75.47% 75.11% 74.96% 74.65% 75.54% 75.11% 74.33% 72.65% 72.72% 74.57% 73.52% 73.40% 76.31% 72.79% 75.95% 74.45% 68.46% 62.28% 60.57%
Noncontrolling interests in subsidiary 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.82 1.87 1.82 1.95 2.01 2.08 2.11 2.33
Total equity 66.75% 67.24% 68.66% 69.13% 71.04% 72.64% 75.29% 75.47% 75.11% 74.96% 74.65% 75.54% 75.11% 74.33% 72.65% 72.72% 74.57% 73.52% 75.21% 78.18% 74.61% 77.90% 76.46% 70.54% 64.38% 62.90%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-06-01), 10-Q (reporting date: 2023-03-02), 10-Q (reporting date: 2022-12-01), 10-K (reporting date: 2022-09-01), 10-Q (reporting date: 2022-06-02), 10-Q (reporting date: 2022-03-03), 10-Q (reporting date: 2021-12-02), 10-K (reporting date: 2021-09-02), 10-Q (reporting date: 2021-06-03), 10-Q (reporting date: 2021-03-04), 10-Q (reporting date: 2020-12-03), 10-K (reporting date: 2020-09-03), 10-Q (reporting date: 2020-05-28), 10-Q (reporting date: 2020-02-27), 10-Q (reporting date: 2019-11-28), 10-K (reporting date: 2019-08-29), 10-Q (reporting date: 2019-05-30), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-29), 10-K (reporting date: 2018-08-30), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-03-01), 10-Q (reporting date: 2017-11-30).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Micron Technology Inc. current liabilities as a percentage of total liabilities and equity increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Micron Technology Inc. noncurrent liabilities as a percentage of total liabilities and equity decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 not reaching Q4 2023 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Micron Technology Inc. total liabilities as a percentage of total liabilities and equity increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Total Micron shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Micron Technology Inc. total Micron shareholders’ equity as a percentage of total liabilities and equity decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.