APPLIED MATERIALS, INC.
CONSOLIDATED CONDENSED BALANCE SHEETS * |
|
|
| (In thousands) |
|
October 26,
1997 |
|
October 27,
1996 |
|
| ASSETS |
| Current assets: |
| Cash and cash equivalents |
|
$ 448,043 |
|
$ 403,888 |
| Short-term investments |
|
1,094,912 |
|
633,744 |
| Accounts receivable, net |
|
1,110,885 |
|
822,384 |
| Inventories |
|
686,451 |
|
478,552 |
| Deferred income taxes |
|
324,568 |
|
281,586 |
| Other current assets |
|
105,498 |
|
72,915 |
|
|
|
|
|
| Total current assets |
|
3,770,357 |
|
2,693,069 |
|
| Property, plant and equipment, net |
|
1,066,053 |
|
919,038 |
| Other assets |
|
234,356 |
|
25,880 |
|
|
|
|
|
| Total assets |
|
$ 5,070,766 |
|
$ 3,637,987 |
|
|
|
|
|
|
| LIABILITIES AND STOCKHOLDERS' EQUITY |
| Current liabilities: |
| Notes payable |
|
$ 55,943 |
|
$ 77,522 |
| Current portion of long-term debt |
|
10,563 |
|
22,640 |
| Accounts payable and accrued expenses |
|
1,157,808 |
|
791,897 |
| Income taxes payable |
|
177,774 |
|
43,168 |
|
|
|
|
|
| Total current liabilities |
|
1,402,088 |
|
935,227 |
|
| Long-term debt |
|
623,090 |
|
275,485 |
| Deferred income taxes and other non-current obligations |
|
103,417 |
|
56,850 |
|
|
|
|
|
| Total liabilities |
|
2,128,595 |
|
1,267,562 |
|
|
|
|
|
|
| Stockholders' equity: |
| Common stock |
|
3,672 |
|
1,802 |
| Additional paid-in capital |
|
850,902 |
|
763,376 |
| Retained earnings |
|
2,098,038 |
|
1,599,564 |
| Cumulative translation adjustments |
|
(10,441) |
|
5,683 |
|
|
|
|
|
| Total stockholders' equity |
|
2,942,171 |
|
2,370,425 |
|
|
|
|
|
| Total liabilities and stockholders' equity |
|
$ 5,070,766 |
|
$ 3,637,987 |
|
|
| *Common stock and additional paid-in capital have been
restated as of October 27, 1996 to reflect a two-for-one stock split in the form of a 100
percent stock dividend, effective October 13, 1997 |
|
