Company: COST
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0000909832-25-000033
Chunk: 6

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-06-05
Form: 10-Q
Item: Item 1
Chunk 6
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 (80)(87)(117)COMPREHENSIVE INCOME$2,230 $1,601 $5,402 $4,896 

The accompanying notes are an integral part of these condensed consolidated financial statements.4

Table of Contents

COSTCO WHOLESALE CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(amounts in millions, except par value and share data) (unaudited)

May 11,2025September 1,2024ASSETSCURRENT ASSETSCash and cash equivalents$13,836 $9,906 Short-term investments1,014 1,238 Receivables, net2,875 2,721 Merchandise inventories18,606 18,647 Other current assets1,820 1,734 Total current assets38,151 34,246 OTHER ASSETSProperty and equipment, net30,582 29,032 Operating lease right-of-use assets2,718 2,617 Other long-term assets4,031 3,936 TOTAL ASSETS$75,482 $69,831 LIABILITIES AND EQUITYCURRENT LIABILITIESAccounts payable$19,820 $19,421 Accrued salaries and benefits4,813 4,794 Accrued member rewards2,583 2,435 Deferred membership fees2,931 2,501 Other current liabilities7,432 6,313 Total current liabilities37,579 35,464 OTHER LIABILITIESLong-term debt, excluding current portion5,717 5,794 Long-term operating lease liabilities2,463 2,375 Other long-term liabilities2,598 2,576 TOTAL LIABILITIES48,357 46,209 COMMITMENTS AND CONTINGENCIESEQUITYPreferred stock $0.005 par value; 100,000,000 shares authorized; no shares issued and outstanding— — Common stock $0.005 par value; 900,000,000 shares authorized; 443,519,000 and 443,126,000 shares issued and outstanding2 2 Additional paid-in capital8,148 7,829 Accumulated other comprehensive loss(1,915)(1,828)Retained earnings20,890 17,619 TOTAL EQUITY27,125 23,622 TOTAL LIABILITIES AND E