Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 28, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 1,330 $ 1,466
Marketable securities 55 37
Accounts receivable, net 1,691 1,859
Inventories, net 1,056 982
Prepayment and receivables—related parties 17 20
Prepaid expenses and other current assets 241 233
Total current assets 4,390 4,597
Property and equipment, net 540 500
Operating lease right-of-use assets 221 205
Goodwill 289 289
Investment: equity method 58 58
Other assets 366 379
Total assets 5,864 6,028
Current liabilities:    
Accounts payable 653 988
Payables to related parties 187 213
Accrued liabilities 1,070 1,084
Other current liabilities 75 74
Total current liabilities 1,985 2,359
Long-term debt, net 488 486
Long-term operating lease liabilities 211 199
Other long-term liabilities 143 157
Contingencies (See Note 11)
Capital stock:    
Common stock, par value $0.01; shares authorized: 2,250; shares issued: 1,176 and 1,175; shares outstanding: 1,171 and 1,170 12 12
Additional paid-in capital 10,026 9,963
Treasury stock, at cost (shares issued: 5 and 5) (54) (53)
Accumulated deficit (6,933) (7,095)
Accumulated other comprehensive loss (14) 0
Total stockholders’ equity 3,037 2,827
Total liabilities and stockholders’ equity $ 5,864 $ 6,028