NXP Semiconductors
Table 2: Condensed consolidated balance sheet (unaudited)
| ($ in millions) | As of | |||||||||||
|
December 31,
2023 |
October 1,
2023 |
December 31,
2022 | ||||||||||
| ASSETS | ||||||||||||
| Current assets: | ||||||||||||
| Cash and cash equivalents | $ | 3,862 | $ | 4,042 | $ | 3,845 | ||||||
| Short-term deposits | 409 | — | — | |||||||||
| Accounts receivable, net | 894 | 939 | 960 | |||||||||
| Inventories, net | 2,134 | 2,140 | 1,782 | |||||||||
| Other current assets | 565 | 495 | 348 | |||||||||
| Total current assets | 7,864 | 7,616 | 6,935 | |||||||||
| Non-current assets: | ||||||||||||
| Other non-current assets | 2,289 | 2,236 | 1,942 | |||||||||
| Property, plant and equipment, net | 3,323 | 3,197 | 3,105 | |||||||||
| Identified intangible assets, net | 922 | 1,010 | 1,311 | |||||||||
| Goodwill | 9,955 | 9,937 | 9,943 | |||||||||
| Total non-current assets | 16,489 | 16,380 | 16,301 | |||||||||
| Total assets | 24,353 | 23,996 | 23,236 | |||||||||
| LIABILITIES AND EQUITY | ||||||||||||
| Current liabilities: | ||||||||||||
| Accounts payable 1) | 1,164 | 959 | 1,185 | |||||||||
| Restructuring liabilities-current | 92 | 16 | 19 | |||||||||
| Other current liabilities 1) | 1,855 | 1,990 | 2,066 | |||||||||
| Short-term debt | 1,000 | 999 | — | |||||||||
| Total current liabilities | 4,111 | 3,964 | 3,270 | |||||||||
| Non-current liabilities: | ||||||||||||
| Long-term debt | 10,175 | 10,173 | 11,165 | |||||||||
| Restructuring liabilities | 9 | 3 | 1 | |||||||||
| Deferred tax liabilities | 44 | 44 | 45 | |||||||||
| Other non-current liabilities | 1,054 | 1,014 | 1,015 | |||||||||
| Total non-current liabilities | 11,282 | 11,234 | 12,226 | |||||||||
| Non-controlling interests | 316 | 310 | 291 | |||||||||
| Stockholders’ equity | 8,644 | 8,488 | 7,449 | |||||||||
| Total equity | 8,960 | 8,798 | 7,740 | |||||||||
| Total liabilities and equity | 24,353 | 23,996 | 23,236 | |||||||||
| 1) | We have reclassified $432 million as of December 31, 2022 related to customer programs previously presented in “Accounts payable” to “Other current liabilities” to conform to current period presentation. | |||||||||||
