Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.8.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents [2] $ 1,045 [1],[3] $ 1,185
Accounts receivable, net [2] 738 454
Inventories, net [2] 715 694
Prepayment and other receivables - related parties [2] 18 33
Prepaid expenses [2] 67 77
Other current assets [2] 168 191
Total current assets [2] 2,751 2,634
Property, plant and equipment, net [2] 290 261
Goodwill [2] 289 289
Investment: equity method [2] 57 58
Other assets [2] 376 310
Total assets [2] 3,763 3,552
Current liabilities:    
Short-term debt, net [2] 223 70
Accounts payable [2] 456 384
Payables to related parties [2] 374 412
Accrued liabilities [2] 485 555
Other current liabilities [2] 159 92
Total current liabilities [2] 1,697 1,513
Long-term debt, net [2] 1,165 1,325
Other long-term liabilities [2] 186 118
Commitments and contingencies (See Note 12) [2]
Capital stock:    
Common stock, par value $0.01; 1,500 shares authorized on March 31, 2018 and December 30, 2017; shares issued: 981 on March 31, 2018 and 979 shares on December 30, 2017; shares outstanding: 969 on March 31, 2018 and 967 shares on December 30, 2017 [2] 10 9
Additional paid-in capital [2] 8,502 8,464
Treasury stock, at cost (12 shares on March 31, 2018 and December 30, 2017) [2] (108) (108)
Accumulated deficit [2] (7,692) (7,775)
Accumulated other comprehensive income [2] 3 6
Total stockholders’ equity [2] 715 596
Total liabilities and stockholders’ equity [2] $ 3,763 $ 3,552
[1] Amounts reflected adoption of ASU 2016-18, Statement of Cash Flows, Restricted Cash (Topic 230) beginning in the first quarter of 2018.
[2] Prior year amounts adjusted to reflect the retrospective application of ASU 2014-09, Revenue from Contracts with Customers. Refer to Note 1.
[3] Prior year amounts adjusted to reflect the retrospective application of ASU 2014-09, Revenue from Contracts with Customers. Refer to Note 1.