Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Reported Income

Costco Wholesale Corp., adjusted current assets

US$ in millions

	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019
As Reported
Current assets	34,246)	35,879)	32,696)	29,505)	28,120)	23,485)
Adjustments
Add: LIFO reserve¹	—)	—)	438)	—)	—)	—)
After Adjustment
Adjusted current assets	34,246)	35,879)	33,134)	29,505)	28,120)	23,485)

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

¹ LIFO reserve. See details »

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Costco Wholesale Corp., adjusted total assets

US$ in millions

	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019
As Reported
Total assets	69,831)	68,994)	64,166)	59,268)	55,556)	45,400)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	1,882)
Add: LIFO reserve²	—)	—)	438)	—)	—)	—)
Less: Deferred income tax assets (included in Other long-term assets)³	548)	491)	445)	444)	406)	398)
After Adjustment
Adjusted total assets	69,283)	68,503)	64,159)	58,824)	55,150)	46,884)

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² LIFO reserve. See details »

³ Deferred income tax assets (included in Other long-term assets). See details »

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Costco Wholesale Corp., adjusted total liabilities

US$ in millions

	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019
As Reported
Total liabilities	46,209)	43,936)	43,519)	41,190)	36,851)	29,816)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	1,882)
Less: Deferred income tax liabilities (included in Other long-term liabilities)²	769)	795)	724)	754)	665)	543)
After Adjustment
Adjusted total liabilities	45,440)	43,141)	42,795)	40,436)	36,186)	31,155)

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred income tax liabilities (included in Other long-term liabilities). See details »

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Costco Wholesale Corp., adjusted total Costco stockholders’ equity

US$ in millions

	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019
As Reported
Total Costco stockholders’ equity	23,622)	25,058)	20,642)	17,564)	18,284)	15,243)
Adjustments
Less: Net deferred tax assets (liabilities)¹	(221)	(304)	(279)	(310)	(259)	(145)
Add: LIFO reserve²	—)	—)	438)	—)	—)	—)
Add: Noncontrolling interests	—)	—)	5)	514)	421)	341)
After Adjustment
Adjusted total equity	23,843)	25,362)	21,364)	18,388)	18,964)	15,729)

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

¹ Net deferred tax assets (liabilities). See details »

² LIFO reserve. See details »

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Costco Wholesale Corp., adjusted capitalization table

US$ in millions

	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019
As Reported
Current portion of long-term debt	103)	1,081)	73)	799)	95)	1,699)
Current finance lease liabilities	147)	129)	245)	72)	31)	26)
Long-term debt, excluding current portion	5,794)	5,377)	6,484)	6,692)	7,514)	5,124)
Long-term finance lease liabilities	1,351)	1,303)	1,383)	980)	657)	395)
Total reported debt	7,395)	7,890)	8,185)	8,543)	8,297)	7,244)
Total Costco stockholders’ equity	23,622)	25,058)	20,642)	17,564)	18,284)	15,243)
Total reported capital	31,017)	32,948)	28,827)	26,107)	26,581)	22,487)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	1,882)
Add: Current operating lease liabilities (included in Other current liabilities)²	179)	220)	239)	222)	231)	—)
Add: Long-term operating lease liabilities³	2,375)	2,426)	2,482)	2,642)	2,558)	—)
Adjusted total debt	9,949)	10,536)	10,906)	11,407)	11,086)	9,126)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	(221)	(304)	(279)	(310)	(259)	(145)
Add: LIFO reserve⁵	—)	—)	438)	—)	—)	—)
Add: Noncontrolling interests	—)	—)	5)	514)	421)	341)
Adjusted total equity	23,843)	25,362)	21,364)	18,388)	18,964)	15,729)
After Adjustment
Adjusted total capital	33,792)	35,898)	32,270)	29,795)	30,050)	24,855)

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (included in Other current liabilities). See details »

³ Long-term operating lease liabilities. See details »

⁴ Net deferred tax assets (liabilities). See details »

⁵ LIFO reserve. See details »

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Costco Wholesale Corp., adjusted net income attributable to Costco

US$ in millions

12 months ended:	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019
As Reported
Net income attributable to Costco	7,367)	6,292)	5,844)	5,007)	4,002)	3,659)
Adjustments
Add: Deferred income tax expense (benefit)¹	(101)	33)	(57)	61)	90)	150)
Add: Increase (decrease) in LIFO reserve²	—)	(438)	438)	—)	—)	—)
Add: Other comprehensive income (loss), net	(23)	24)	(721)	181)	162)	(245)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	—)	—)	36)	93)	80)	37)
After Adjustment
Adjusted net income including noncontrolling interests	7,243)	5,911)	5,540)	5,342)	4,334)	3,601)

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

¹ Deferred income tax expense (benefit). See details »

² Increase (decrease) in LIFO reserve. See details »

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Costco Wholesale Corp. (NASDAQ:COST)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Reported Income