BROADCOM INC.

CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED

(IN MILLIONS)

May 3,

November 3,

2020

2019

ASSETS

Current assets:

Cash and cash equivalents

$        9,207

$        5,055

Trade accounts receivable, net

3,211

3,259

Inventory

953

874

Other current assets

851

729

Total current assets

14,222

9,917

Long-term assets:

Property, plant and equipment, net

2,618

2,565

Goodwill

43,457

36,714

Intangible assets, net

19,909

17,554

Other long-term assets

1,342

743

Total assets

$      81,548

$      67,493

LIABILITIES AND EQUITY

Current liabilities:

Accounts payable

$        1,230

$           855

Employee compensation and benefits

494

641

Current portion of long-term debt

819

2,787

Other current liabilities

4,058

2,616

Total current liabilities

6,601

6,899

Long-term liabilities:

Long-term debt

45,044

30,011

Other long-term liabilities

5,933

5,613

Total liabilities

57,578

42,523

Preferred stock dividend obligation

28

29

Stockholders' equity:

Preferred stock

-

-

Common stock

-

-

Additional paid-in capital

24,073

25,081

Retained earnings

-

-

Accumulated other comprehensive loss

(131)

(140)

Total stockholders' equity

23,942

24,941

  Total liabilities and equity

$     81,548

$      67,493