Crucial 2011 Annual Report Download - page 46

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MICRON TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS
(in millions except par value amounts)
See accompanying notes to consolidated financial statements.
45
As of
September 1,
2011
September 2,
2010
Assets
Cash and equivalents
$
2,160
$
2,913
Receivables
1,497
1,531
Inventories
2,080
1,770
Other current assets
95
119
Total current assets
5,832
6,333
Intangible assets, net
414
323
Property, plant and equipment, net
7,555
6,601
Equity method investments
483
582
Restricted cash
8
335
Other noncurrent assets
460
519
Total assets
$
14,752
$
14,693
Liabilities and equity
Accounts payable and accrued expenses
$
1,830
$
1,509
Deferred income
443
298
Equipment purchase contracts
67
183
Current portion of long-term debt
140
712
Total current liabilities
2,480
2,702
Long-term debt
1,861
1,648
Other noncurrent liabilities
559
527
Total liabilities
4,900
4,877
Commitments and contingencies
Micron shareholders' equity:
Common stock, $0.10 par value, 3,000 shares authorized, 984.3 shares issued and
outstanding (994.5 as of September 2, 2010)
98
99
Additional capital
8,610
8,446
Accumulated deficit
(370
)
(536
)
Accumulated other comprehensive income
132
11
Total Micron shareholders' equity
8,470
8,020
Noncontrolling interests in subsidiaries
1,382
1,796
Total equity
9,852
9,816
Total liabilities and equity
$
14,752
$
14,693