STMicroelectronics Reports 2017 Fourth Quarter and Full Year Financial Results
| STMicroelectronics N.V. | | | |
| CONSOLIDATED BALANCE SHEETS | | | |
| As at | December 31, | September 30, | December 31, |
| In millions of U.S. dollars | 2017 | 2017 | 2016 |
| | (Unaudited) | (Unaudited) | (Audited) |
| ASSETS | | | |
| Current assets: | | | |
| Cash and cash equivalents | 1,759 | 2,188 | 1,629 |
| Marketable securities | 431 | 433 | 335 |
| Trade accounts receivable, net | 1,149 | 1,057 | 939 |
| Inventories | 1,335 | 1,321 | 1,173 |
| Other current assets | 425 | 404 | 311 |
| Total current assets | 5,099 | 5,403 | 4,387 |
| Goodwill | 123 | 122 | 116 |
| Other intangible assets, net | 209 | 193 | 195 |
| Property, plant and equipment, net | 3,094 | 2,882 | 2,287 |
| Non-current deferred tax assets | 624 | 662 | 528 |
| Long-term investments | 57 | 57 | 57 |
| Other non-current assets | 475 | 442 | 434 |
| | 4,582 | 4,358 | 3,617 |
| Total assets | 9,681 | 9,761 | 8,004 |
| | | | |
| LIABILITIES AND EQUITY | | | |
| Current liabilities: | | | |
| Short-term debt | 118 | 486 | 117 |
| Trade accounts payable | 893 | 847 | 620 |
| Other payables and accrued liabilities | 897 | 867 | 750 |
| Dividends payable to stockholders | 60 | 112 | 59 |
| Accrued income tax | 52 | 47 | 42 |
| Total current liabilities | 2,020 | 2,359 | 1,588 |
| Long-term debt | 1,583 | 1,689 | 1,334 |
| Post-employment benefit obligations | 385 | 380 | 347 |
| Long-term deferred tax liabilities | 11 | 6 | 5 |
| Other long-term liabilities | 215 | 178 | 134 |
| | 2,194 | 2,253 | 1,820 |
| Total liabilities | 4,214 | 4,612 | 3,408 |
| Commitment and contingencies | | | |
| Equity | | | |
| Parent company stockholders' equity | | | |
| Common stock (preferred stock: 540,000,000 shares authorized, not issued; common stock: Euro 1.04 nominal value, 1,200,000,000 shares authorized, 911,110,420 shares issued, 896,590,286 shares outstanding) | 1,157 | 1,157 | 1,157 |
| Capital surplus | 2,718 | 2,866 | 2,818 |
| Retained earnings | 973 | 667 | 431 |
| Accumulated other comprehensive income | 688 | 677 | 371 |
| Treasury stock | (132) | (285) | (242) |
| Total parent company stockholders' equity | 5,404 | 5,082 | 4,535 |
| Noncontrolling interest | 63 | 67 | 61 |
| Total equity | 5,467 | 5,149 | 4,596 |
| Total liabilities and equity | 9,681 | 9,761 | 8,004 |
