Income Statement Balance Sheet
v3.23.3
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
Sep. 03, 2023
Aug. 28, 2022
Aug. 29, 2021
REVENUE      
Total revenue $ 242,290 $ 226,954 $ 195,929
OPERATING EXPENSES      
Merchandise costs 212,586 199,382 170,684
Selling, general and administrative 21,590 19,779 18,537
Operating Income 8,114 7,793 6,708
OTHER INCOME (EXPENSE)      
Interest expense (160) (158) (171)
Interest income and other, net 533 205 143
INCOME BEFORE INCOME TAXES 8,487 7,840 6,680
Provision for income taxes 2,195 1,925 1,601
Net income including noncontrolling interests 6,292 5,915 5,079
Net income attributable to noncontrolling interests 0 (71) (72)
NET INCOME ATTRIBUTABLE TO COSTCO $ 6,292 $ 5,844 $ 5,007
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:      
Basic (in dollars per share) $ 14.18 $ 13.17 $ 11.30
Diluted (in dollars per share) $ 14.16 $ 13.14 $ 11.27
Shares used in calculation (000's)      
Basic (shares) 443,854 443,651 443,089
Diluted (shares) 444,452 444,757 444,346
Net sales      
REVENUE      
Total revenue $ 237,710 $ 222,730 $ 192,052
Membership fees      
REVENUE      
Total revenue $ 4,580 $ 4,224 $ 3,877
v3.23.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 03, 2023
Aug. 28, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 13,700 $ 10,203
Short-term investments 1,534 846
Receivables, net 2,285 2,241
Merchandise inventories 16,651 17,907
Other current assets 1,709 1,499
Total current assets 35,879 32,696
OTHER ASSETS    
Property and equipment, net 26,684 24,646
Operating lease right-of-use assets 2,713 2,774
Other long-term assets 3,718 4,050
Total assets 68,994 64,166
CURRENT LIABILITIES    
Accounts payable 17,483 17,848
Accrued salaries and benefits 4,278 4,381
Accrued member rewards 2,150 1,911
Deferred membership fees 2,337 2,174
Current portion of long-term debt [1] 1,081 73
Other current liabilities 6,254 5,611
Total current liabilities 33,583 31,998
OTHER LIABILITIES    
Long-term debt, excluding current portion 5,377 6,484
Long-term operating lease liabilities 2,426 2,482
Other long-term liabilities 2,550 2,555
Total liabilities 43,936 43,519
EQUITY    
Preferred stock $.005 par value; 100,000,000 shares authorized; no shares issued and outstanding 0 0
Common Stock $.005 par value; 900,000,000 shares authorized; 442,793,000 and 442,664,000 shares issued and outstanding 2 2
Additional paid-in capital 7,340 6,884
Accumulated other comprehensive loss (1,805) (1,829)
Retained earnings 19,521 15,585
Total Costco stockholders' equity 25,058 20,642
Noncontrolling interests 0 5
Total equity 25,058 20,647
TOTAL LIABILITIES AND EQUITY $ 68,994 $ 64,166
[1] Net of unamortized debt discounts and issuance costs.