JABIL INC
For the period ended Feb 29, 2024. Filed Apr 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Feb 29, 2024 · Filed Apr 5, 2024
JBL$249.82-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of and
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions, except for share data)
| February 29, 2024(Unaudited) | August 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,566 | $1,804 |
| Accounts receivable, net of allowance for credit losses | 2,648 | 3,647 |
| Contract assets | 1,086 | 1,035 |
| Inventories, net of reserve for excess and obsolete inventory | 4,821 | 5,206 |
| Prepaid expenses and other current assets | 1,349 | 1,109 |
| Assets held for sale | — | 1,929 |
| Total current assets | 12,470 | 14,730 |
| Property, plant and equipment, net of accumulated depreciation of $4,655 as of February 29, 2024 and $4,512 as of August 31, 2023 | 3,045 | 3,137 |
| Operating lease right-of-use asset | 363 | 367 |
| Goodwill | 656 | 621 |
| Intangible assets, net of accumulated amortization | 167 | 142 |
| Deferred income taxes | 131 | 159 |
| Other assets | 291 | 268 |
| Total assets | $17,123 | $19,424 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current installments of notes payable and long-term debt | $— | $— |
| Accounts payable | 5,041 | 5,679 |
| Accrued expenses | 5,548 | 5,515 |
| Current operating lease liabilities | 102 | 104 |
| Liabilities held for sale | — | 1,397 |
| Total current liabilities | 10,691 | 12,695 |
| Notes payable and long-term debt, less current installments | 2,878 | 2,875 |
| Other liabilities | 374 | 319 |
| Non-current operating lease liabilities | 272 | 269 |
| Income tax liabilities | 110 | 131 |
| Deferred income taxes | 140 | 268 |
| Total liabilities | 14,465 | 16,557 |
| Commitments and contingencies | ||
| Equity: | ||
| Jabil Inc. stockholders’ equity: | ||
| Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and no shares outstanding | — | — |
| Common stock, $0.001 par value, authorized 500,000,000 shares; 276,057,643 and 273,949,811 shares issued and 122,440,607 and 131,294,422 shares outstanding as of February 29, 2024 and August 31, 2023, respectively | — | — |
| Additional paid-in capital | 2,877 | 2,795 |
| Retained earnings | 5,512 | 4,412 |
| Accumulated other comprehensive loss | (17) | (17) |
| Treasury stock at cost, 153,617,036 and 142,655,389 shares as of February 29, 2024 and August 31, 2023, respectively | (5,714) | (4,324) |
| Total Jabil Inc. stockholders’ equity | 2,658 | 2,866 |
| Noncontrolling interests | — | 1 |
| Total equity | 2,658 | 2,867 |
| Total liabilities and equity | $17,123 | $19,424 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.