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.

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

US$ in thousands

	Nov 18, 2023	Aug 26, 2023	May 6, 2023	Feb 11, 2023	Nov 19, 2022	Aug 27, 2022	May 7, 2022	Feb 12, 2022	Nov 20, 2021	Aug 28, 2021	May 8, 2021	Feb 13, 2021	Nov 21, 2020	Aug 29, 2020	May 9, 2020	Feb 15, 2020	Nov 23, 2019	Aug 31, 2019	May 4, 2019	Feb 9, 2019	Nov 17, 2018	Aug 25, 2018	May 5, 2018	Feb 10, 2018	Nov 18, 2017
Cash and cash equivalents	282,981)	277,054)	274,916)	301,286)	269,790)	264,380)	263,044)	239,423)	961,125)	1,171,335)	975,646)	1,026,164)	1,664,005)	1,750,815)	509,118)	152,970)	158,089)	176,300)	174,058)	195,665)	252,086)	217,824)	218,386)	288,522)	257,677)
Accounts receivable	511,907)	520,385)	471,009)	484,767)	501,798)	504,886)	439,820)	405,585)	379,276)	378,392)	359,669)	352,517)	350,915)	364,774)	266,920)	340,280)	333,246)	308,995)	281,610)	298,319)	275,194)	258,136)	261,299)	282,532)	272,450)
Merchandise inventories	5,774,467)	5,764,143)	5,703,688)	5,731,255)	5,607,690)	5,638,004)	5,313,114)	5,031,222)	4,768,258)	4,639,813)	4,665,477)	4,736,826)	4,628,334)	4,473,282)	4,440,602)	4,606,211)	4,463,124)	4,319,113)	4,325,659)	4,305,469)	4,090,376)	3,943,670)	4,005,820)	4,085,528)	4,012,104)
Other current assets	387,446)	217,844)	259,259)	277,497)	253,840)	220,714)	238,743)	227,540)	240,487)	225,763)	223,604)	211,338)	193,541)	223,001)	181,353)	201,086)	202,516)	224,277)	190,013)	197,619)	196,673)	216,239)	185,772)	169,725)	174,961)
Current assets	6,956,801)	6,779,426)	6,708,872)	6,794,805)	6,633,118)	6,627,984)	6,254,721)	5,903,770)	6,349,146)	6,415,303)	6,224,396)	6,326,845)	6,836,795)	6,811,872)	5,397,993)	5,300,547)	5,156,975)	5,028,685)	4,971,340)	4,997,072)	4,814,329)	4,635,869)	4,671,277)	4,826,307)	4,717,192)
Property and equipment	10,550,192)	10,337,890)	9,937,300)	9,723,855)	9,571,496)	9,453,171)	9,139,576)	8,965,026)	8,854,872)	8,807,178)	8,538,854)	8,410,097)	8,283,676)	8,136,542)	7,899,183)	7,948,231)	7,844,304)	7,713,196)	7,556,743)	7,436,916)	7,324,008)	7,291,623)	7,124,603)	7,041,562)	6,952,694)
Accumulated depreciation and amortization	(4,837,035)	(4,741,342)	(4,603,277)	(4,487,726)	(4,376,950)	(4,282,752)	(4,167,950)	(4,085,947)	(3,996,944)	(3,950,287)	(3,855,705)	(3,782,104)	(3,697,674)	(3,627,321)	(3,514,597)	(3,471,805)	(3,393,648)	(3,314,445)	(3,231,813)	(3,166,993)	(3,095,207)	(3,073,223)	(3,001,637)	(2,960,261)	(2,891,743)
Property and equipment, less accumulated depreciation and amortization	5,713,157)	5,596,548)	5,334,023)	5,236,129)	5,194,546)	5,170,419)	4,971,626)	4,879,079)	4,857,928)	4,856,891)	4,683,149)	4,627,993)	4,586,002)	4,509,221)	4,384,586)	4,476,426)	4,450,656)	4,398,751)	4,324,930)	4,269,923)	4,228,801)	4,218,400)	4,122,966)	4,081,301)	4,060,951)
Operating lease right-of-use assets	2,998,672)	2,998,097)	2,959,488)	2,943,844)	2,922,148)	2,918,817)	2,764,631)	2,743,771)	2,717,566)	2,718,712)	2,694,846)	2,660,667)	2,607,019)	2,581,677)	2,613,849)	2,579,217)	2,585,105)	—)	—)	—)	—)	—)	—)	—)	—)
Goodwill	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	302,645)	391,887)
Deferred income taxes	84,087)	86,002)	62,043)	59,814)	53,444)	52,047)	40,707)	40,730)	40,164)	41,043)	30,366)	30,240)	29,887)	27,843)	23,345)	27,945)	27,365)	26,861)	35,150)	34,844)	33,118)	34,620)	33,784)	34,251)	33,990)
Other long-term assets	237,208)	223,160)	230,851)	207,905)	210,032)	203,131)	186,235)	208,478)	193,500)	181,605)	202,544)	211,603)	206,226)	190,614)	179,713)	176,969)	177,710)	138,971)	139,675)	140,611)	144,688)	155,446)	171,097)	159,215)	193,064)
Long-term assets	9,335,769)	9,206,452)	8,889,050)	8,750,337)	8,682,815)	8,647,059)	8,265,844)	8,174,703)	8,111,803)	8,100,896)	7,913,550)	7,833,148)	7,731,779)	7,612,000)	7,504,138)	7,563,202)	7,543,481)	4,867,228)	4,802,400)	4,748,023)	4,709,252)	4,711,111)	4,630,492)	4,577,412)	4,679,892)
Total assets	16,292,570)	15,985,878)	15,597,922)	15,545,142)	15,315,933)	15,275,043)	14,520,565)	14,078,473)	14,460,949)	14,516,199)	14,137,946)	14,159,993)	14,568,574)	14,423,872)	12,902,131)	12,863,749)	12,700,456)	9,895,913)	9,773,740)	9,745,095)	9,523,581)	9,346,980)	9,301,769)	9,403,719)	9,397,084)

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	AutoZone Inc. current assets increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Property and equipment, less accumulated depreciation and amortization	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	AutoZone Inc. property and equipment, less accumulated depreciation and amortization increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Long-term assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	AutoZone Inc. long-term assets increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	AutoZone Inc. total assets increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	AutoZone Inc. cash and cash equivalents increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Accounts receivable	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	AutoZone Inc. accounts receivable increased from Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024.
Merchandise inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	AutoZone Inc. merchandise inventories increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

AutoZone Inc. (NYSE:AZO)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data