Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 1,193 $ 869 [1]
Marketable securities 351 896 [1]
Total cash and cash equivalents and marketable securities 1,544 1,765 [1]
Accounts receivable, net 962 919 [1]
Inventories, net 585 476 [1]
Prepaid expenses and other current assets 104 69 [1]
Total current assets 3,195 3,229 [1]
Long-term marketable securities 169 149 [1]
Property, plant and equipment, net 715 726 [1]
Investment in GLOBALFOUNDRIES   278 [1]
Acquisition related intangible assets, net 109 8 [1]
Goodwill 553 323 [1]
Other assets 247 241 [1]
Total assets 4,988 4,954 [1]
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 527 363 [1]
Payable to GLOBALFOUNDRIES 560 177 [1]
Accrued liabilities 556 550 [1]
Deferred income on shipments to distributors 137 123 [1]
Current portion of long-term debt and capital lease obligations 490 489 [1]
Other current liabilities 77 72 [1]
Total current liabilities 2,347 1,774 [1]
Long-term debt and capital lease obligations, less current portion 1,529 1,527 [1]
Other long-term liabilities 60 63 [1]
Commitments and contingencies (See Note 11)       [1]
Stockholders' equity:    
Common stock, par value $0.01; 1,500 shares authorized on March 31, 2012 and December 31, 2011; shares issued: 709 on March 31, 2012 and 706 shares on December 31, 2011; shares outstanding: 700 on March 31, 2012 and 698 shares on December 31, 2011 7 7 [1]
Additional paid-in capital 6,722 6,672 [1]
Treasury stock, at cost (9 shares on March 31, 2012 and December 31, 2011) (107) (107) [1]
Accumulated deficit (5,567) (4,977) [1]
Accumulated other comprehensive loss (3) (5) [1]
Total stockholders' equity 1,052 1,590 [1]
Total liabilities and stockholders' equity $ 4,988 $ 4,954 [1]
[1] Amounts as of December 31, 2011 were derived from the December 31, 2011 audited financial statements.