Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 29, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 549 $ 869
Marketable securities 453 896
Total cash and cash equivalents and marketable securities 1,002 1,765
Accounts receivable, net 630 919
Inventories, net 562 476
Prepaid expenses and other current assets 71 69
Total current assets 2,265 3,229
Long-term marketable securities 181 149
Property, plant and equipment, net 658 726
Investment in GLOBALFOUNDRIES 0 278
Acquisition related intangible assets, net 96 8
Goodwill 553 323
Other assets 247 241
Total assets 4,000 4,954
Current liabilities:    
Accounts payable 278 363
Accounts payable to GLOBALFOUNDRIES 454 177
Accrued liabilities 489 550
Deferred income on shipments to distributors 108 123
Current portion of long-term debt and capital lease obligations 5 489
Other current liabilities 63 72
Total current liabilities 1,397 1,774
Long-term debt and capital lease obligations, less current portion 2,037 1,527
Other long-term liabilities 28 63
Stockholders’ equity:    
Common stock, par value $0.01; 1,500 shares authorized on December 29, 2012 and December 31, 2011; shares issued: 722 shares on December 29, 2012 and 706 on December 31, 2011; shares outstanding: 713 shares on December 29, 2012 and 698 shares on December 31, 2011 7 7
Additional paid-in capital 6,803 6,672
Treasury stock, at cost (9 shares on December 29, 2012 and December 31, 2011) (109) (107)
Accumulated deficit (6,160) (4,977)
Accumulated other comprehensive income (loss) (3) (5)
Total stockholders’ equity 538 1,590
Total liabilities and stockholders’ equity $ 4,000 $ 4,954