10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NIKE, INC. | ||
Ticker: NKE Fiscal Year: 2023 | ||
Consolidated Balance Sheets | ||
Period Ending May 31, 2023 10-K (Filed: July 20, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| May 31, 2023 | May 31, 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and equivalents | $ 7,441 | 8,574 |
| Short-term investments | 3,234 | 4,423 |
| Accounts receivable, net | 4,131 | 4,667 |
| Inventories | 8,454 | 8,420 |
| Prepaid expenses and other current assets | 1,942 | 2,129 |
| Total current assets | 25,202 | 28,213 |
| Property, plant and equipment, net | 5,081 | 4,791 |
| Operating lease right-of-use assets, net | 2,923 | 2,926 |
| Identifiable intangible assets, net | 274 | 286 |
| Goodwill | 281 | 284 |
| Deferred income taxes and other assets | 3,770 | 3,821 |
| TOTAL ASSETS | 37,531 | 40,321 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | 0 | 500 |
| Notes payable | 6 | 10 |
| Accounts payable | 2,862 | 3,358 |
| Current portion of operating lease liabilities | 425 | 420 |
| Accrued liabilities | 5,723 | 6,220 |
| Income taxes payable | 240 | 222 |
| Total current liabilities | 9,256 | 10,730 |
| Long-term debt | 8,927 | 8,920 |
| Operating lease liabilities | 2,786 | 2,777 |
| Deferred income taxes and other liabilities | 2,558 | 2,613 |
| Commitments and contingencies (Note 16) | ||
| Redeemable preferred stock | 0 | 0 |
| Shareholders' equity: | ||
| Capital in excess of stated value | 12,412 | 11,484 |
| Accumulated other comprehensive income (loss) | 231 | 318 |
| Retained earnings (deficit) | 1,358 | 3,476 |
| Total shareholders' equity | 14,004 | 15,281 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 37,531 | 40,321 |
| Class of Stock | ||
| Class A Convertible Common Stock | ||
| Common stock at stated value | 0 | 0 |
| Class B Common Stock | ||
| Common stock at stated value | 3 | 3 |
| External Links | |
| NIKE, INC. (NKE) Fiscal Year 2023 | |