Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 1,466 $ 1,078
Marketable securities 37 78
Accounts receivable, net 1,859 1,235
Inventories, net 982 845
Prepayment and receivables—related parties 20 34
Prepaid expenses and other current assets 233 270
Total current assets 4,597 3,540
Property and equipment, net 500 348
Operating lease right-of-use assets 205  
Goodwill 289 289
Investment: equity method 58 58
Other assets 379 321
Total assets 6,028 4,556
Current liabilities:    
Short-term debt, net 0 136
Accounts payable 988 834
Payables to related parties 213 207
Accrued liabilities 1,084 783
Other current liabilities 74 24
Total current liabilities 2,359 1,984
Long-term debt, net 486 1,114
Long-term operating lease liabilities 199  
Other long-term liabilities 157 192
Commitments and contingencies (see Notes 17 and 18)
Stockholders’ equity:    
Common stock, par value $0.01; 2,250 shares authorized, 1,175 shares issued and 1,170 shares outstanding as of December 28, 2019; 2,250 shares authorized, 1,010 shares issued and 1,005 shares outstanding as of December 29, 2018 12 10
Additional paid-in capital 9,963 8,750
Treasury stock, at cost (5 shares as of December 28, 2019 and December 29, 2018) (53) (50)
Accumulated deficit (7,095) (7,436)
Accumulated other comprehensive income (loss) 0 (8)
Total stockholders’ equity 2,827 1,266
Total liabilities and stockholders’ equity $ 6,028 $ 4,556