NXP Semiconductors Reports First Quarter 2016 Results
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NXP Semiconductors | |
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Table 2: Condensed consolidated balance sheet (unaudited) | |
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| ($ in millions) | |
As of | |
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April 3, 2016 | |
Dec. 31,
2015 | |
April 5, 2015 | |
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Current assets: | | | | | | | |
| Cash and cash equivalents | | $ | 1,488 | | | $ | 1,614 | | | $ | 1,355 | | |
| Accounts receivable, net | | | 1,054 | | | | 1,047 | | | | 539 | | |
| Assets held for sale | | | 8 | | | | 15 | | | | 59 | | |
| Inventories, net | | | 1,452 | | | | 1,879 | | | | 772 | | |
| Other current assets | | | 243 | | | | 257 | | | | 169 | | |
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Total current assets | | |
4,245 | | | |
4,812 | | | |
2,894 | | |
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Non-current assets: | | | | | | | |
| Other non-current assets | | | 595 | | | | 602 | | | | 552 | | |
| Property, plant and equipment, net | | | 2,848 | | | | 2,922 | | | | 1,107 | | |
| Identified intangible assets, net | | | 8,446 | | | | 8,790 | | | | 558 | | |
| Goodwill | | | 9,239 | | | | 9,228 | | | | 1,954 | | |
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Total non-current assets | | |
21,128 | | | |
21,542 | | | |
4,171 | | |
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Total assets | | |
25,373 | | | |
26,354 | | | |
7,065 | | |
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Current liabilities: | | | | | | | |
| Accounts payable | | | 948 | | | | 1,014 | | | | 755 | | |
| Liabilities held for sale | | | - | | | | - | | | | 6 | | |
| Restructuring liabilities-current | | | 193 | | | | 197 | | | | 29 | | |
| Accrued liabilities | | | 821 | | | | 781 | | | | 503 | | |
| Short-term debt | | | 736 | | | | 556 | | | | 32 | | |
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Total current liabilities | | |
2,698 | | | |
2,548 | | | |
1,325 | | |
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Non-current liabilities: | | | | | | | |
| Long-term debt | | | 8,270 | | | | 8,656 | | | | 4,012 | | |
| Restructuring liabilities | | | 31 | | | | 43 | | | | 4 | | |
| Deferred tax liabilities | | | 2,044 | | | | 2,293 | | | | 78 | | |
| Other non-current liabilities | | | 839 | | | | 1,011 | | | | 911 | | |
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Total non-current liabilities | | |
11,184 | | | |
12,003 | | | |
5,005 | | |
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| Non-controlling interests | | | 299 | | | | 288 | | | | 280 | | |
| Stockholders’ equity | | | 11,192 | | | | 11,515 | | | | 455 | | |
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Total equity | | |
11,491 | | | |
11,803 | | | |
735 | | |
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Total liabilities and equity | | |
25,373 | | | |
26,354 | | | |
7,065 | | |
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