Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities Commitments and contingencies Shareholders' equity: ASSETS: September 25, 2021 September 26, 2020 34,940 $ 38,016 27,699 52,927 26,278 16,120 6,580 4,061 25,228 21,325 14,111 11,264 134,836 143,713 127,877 100,887 39,440 36,766 48,849 42,522 216,166 180,175 $ 351,002 $ 323,888 LIABILITIES AND SHAREHOLDERS' EQUITY: 54,763 $ 42,296 47,493 42,684 7,612 6,643 6,000 4,996 9,613 8,773 125,481 105,392 109,106 98,667 53,325 54,490 162,431 153,157 287,912 258,549 Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 16,426,786 and 16,976,763 shares issued and outstanding, respectively Retained earnings 57,365 50,779 5,562 14,966 Accumulated other comprehensive income/(loss) 163 (406) Total shareholders' equity 63,090 65,339 Total liabilities and shareholders' equity $ 351,002 $ 323,888 See accompanying Notes to Consolidated Financial Statements.