Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 27, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 1,775 $ 1,466
Marketable securities 0 37
Accounts receivable, net 1,789 1,859
Inventories 1,324 982
Receivables from related parties 10 20
Prepaid expenses and other current assets 211 233
Total current assets 5,109 4,597
Property and equipment, net 585 500
Operating lease right-of-use assets 215 205
Goodwill 289 289
Investment: equity method 59 58
Other non-current assets 326 379
Total assets 6,583 6,028
Current liabilities:    
Short-term Debt 200 0
Accounts payable 802 988
Payables to related parties 192 213
Accrued liabilities 1,172 1,084
Other current liabilities 68 74
Total current liabilities 2,434 2,359
Long-term debt, net 490 486
Long-term operating lease liabilities 204 199
Other long-term liabilities 150 157
Contingencies (See Note 11)
Capital stock:    
Common stock, par value 0.01; shares authorized: 2,250; shares issued: 1,179 and 1,175; shares outstanding: 1,174 and 1,170 12 12
Additional paid-in capital 10,127 9,963
Treasury stock, at cost (shares held: 5 and 5) (54) (53)
Accumulated deficit (6,776) (7,095)
Accumulated other comprehensive loss (4) 0
Total stockholders’ equity 3,305 2,827
Total liabilities and stockholders’ equity $ 6,583 $ 6,028