Balance Sheet: Assets

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.

Costco Wholesale Corp., consolidated balance sheet: assets

US$ in millions

	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021	Aug 30, 2020	Sep 1, 2019
Cash and cash equivalents	9,906)	13,700)	10,203)	11,258)	12,277)	8,384)
Short-term investments	1,238)	1,534)	846)	917)	1,028)	1,060)
Receivables, net	2,721)	2,285)	2,241)	1,803)	1,550)	1,535)
Merchandise inventories	18,647)	16,651)	17,907)	14,215)	12,242)	11,395)
Other current assets	1,734)	1,709)	1,499)	1,312)	1,023)	1,111)
Current assets	34,246)	35,879)	32,696)	29,505)	28,120)	23,485)
Property and equipment, net	29,032)	26,684)	24,646)	23,492)	21,807)	20,890)
Finance lease assets	1,433)	1,325)	1,620)	1,000)	592)	351)
Property and equipment, net, including finance lease right-of-use assets	30,465)	28,009)	26,266)	24,492)	22,399)	21,241)
Operating lease right-of-use assets	2,617)	2,713)	2,774)	2,890)	2,788)	—)
Other long-term assets	2,503)	2,393)	2,430)	2,381)	2,249)	674)
Long-term assets	35,585)	33,115)	31,470)	29,763)	27,436)	21,915)
Total assets	69,831)	68,994)	64,166)	59,268)	55,556)	45,400)

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).

Assets: Selected Items

Download chart

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.	Costco Wholesale Corp. current assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Property and equipment, net, including finance lease right-of-use assets	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.	Costco Wholesale Corp. property and equipment, net, including finance lease right-of-use assets increased from 2022 to 2023 and from 2023 to 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.	Costco Wholesale Corp. long-term assets increased from 2022 to 2023 and from 2023 to 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.	Costco Wholesale Corp. total assets increased from 2022 to 2023 and from 2023 to 2024.

Current Assets: Selected Items

Download chart

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.	Costco Wholesale Corp. cash and cash equivalents increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Short-term investments	Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.	Costco Wholesale Corp. short-term investments increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Receivables, net	The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value.	Costco Wholesale Corp. receivables, net increased from 2022 to 2023 and from 2023 to 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.	Costco Wholesale Corp. merchandise inventories decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Costco Wholesale Corp. (NASDAQ:COST)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items