Question: Calculating Financial Leverage for Broadcom Inc. + A 2 :E 3 9 Dollar amounts in Millions Percentages Consolidated Balance Sheets Oct. 2 9 , 2

Calculating Financial Leverage for Broadcom Inc. +A2:E39 Dollar amounts in Millions Percentages
Consolidated Balance Sheets Oct. 29,2023 Oct. 30,2022 Oct. 29,2023 Oct. 30,2022
Current assets:
Cash and cash equivalents $ 14,189 $ 12,41619.47%16.95%
Trade accounts receivable, net 3,1542,9584.33%4.04%
Inventory 1,8981,9252.60%2.63%
Other current assets 1,6061,2052.20%1.65%
Total current assets 20,84718,50428.61%25.26%
Long-term assets:
Property, plant and equipment, net 2,1542,2232.96%3.03%
Goodwill 43,65343,61459.91%59.54%
Intangible assets, net 3,8677,1115.31%9.71%
Other long-term assets 2,3401,7973.21%2.45%
Total assets 72,86173,249100.00%100.00%
Current liabilities:
Accounts payable 1,2109981.66%1.36%
Employee compensation and benefits 9351,2021.28%1.64%
Current portion of long-term debt 1,6084402.21%0.60%
Other current liabilities 3,6524,4125.01%6.02%
Total current liabilities 7,4057,05210.16%9.63%
Long-term liabilities:
Long-term debt 37,62139,07551.63%53.35%
Other long-term liabilities 3,8474,4135.28%6.02%
Total liabilities 48,87350,54067.08%69.00%
Stockholders equity:
Common stock, $0.001 par value; 2,900 shares authorized; 414 and 418 shares issued and outstanding as of October 29,2023 and October 30,2022, respectively and Additional paid-in capital 21,09921,15928.96%28.89%
Retained earnings 2,6821,6043.68%2.19%
Accumulated other comprehensive income (loss)207(54)0.28%-0.07%
Total stockholders equity 23,98822,70932.92%31.00%
Total liabilities and stockholders equity $ 72,861 $ 73,249100.00%100.00%

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