Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 29, 2014
Dec. 28, 2013
Current assets:    
Cash and cash equivalents $ 554 $ 869
Marketable securities 348 228
Accounts receivable, net of allowances of $0 and $0 840 832
Inventories, net 869 884
Prepaid expenses and other current assets 79 71
Total current assets 2,690 2,884
Long-term marketable securities 80 90
Property, plant and equipment, net 337 346
Acquisition related intangible assets, net 75 78
Goodwill 553 553
Other assets 373 386
Total assets 4,108 4,337
Current liabilities:    
Short-term debt 60 60
Accounts payable 483 519
Payable to GLOBALFOUNDRIES 213 364
Accrued and other current liabilities 482 530
Deferred income on shipments to distributors 146 145
Total current liabilities 1,384 1,618
Long-term debt 2,078 1,998
Other long-term liabilities 135 177
Capital stock:    
Common stock, par value $0.01; 1,500 shares authorized on March 29, 2014 and December 28, 2013; shares issued: 772 shares on March 29, 2014 and 735 shares on December 28, 2013; shares outstanding: 762 shares on March 29, 2014 and 725 shares on December 28, 2013 8 7
Additional paid-in capital 6,883 6,894
Treasury stock, at cost (10 shares on March 29, 2014 and December 28, 2013) (114) (112)
Accumulated deficit (6,263) (6,243)
Accumulated other comprehensive loss (3) (2)
Total stockholders' equity 511 544
Total liabilities and stockholders' equity $ 4,108 $ 4,337