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
Sep. 27, 2014
Dec. 28, 2013
Current assets:    
Cash and cash equivalents $ 640 $ 869
Marketable securities 298 228
Accounts receivable, net of allowances of $0 and $0 973 832
Inventories, net 897 884
Prepaid expenses and other current assets 212 71
Total current assets 3,020 2,884
Long-term marketable securities 0 90
Property, plant and equipment, net 328 346
Acquisition related intangible assets, net 69 78
Goodwill 553 553
Other assets 355 386
Total assets 4,325 4,337
Current liabilities:    
Short-term debt 102 60
Accounts payable 498 519
Payable to GLOBALFOUNDRIES 317 364
Accrued and other current liabilities 555 530
Deferred income on shipments to distributors 94 145
Total current liabilities 1,566 1,618
Long-term debt 2,106 1,998
Other long-term liabilities 118 177
Capital stock:    
Common stock, par value $0.01; 1,500 shares authorized on September 27, 2014 and December 28, 2013; shares issued: 787 shares on September 27, 2014 and 735 shares on December 28, 2013; shares outstanding: 775 shares on September 27, 2014 and 725 shares on December 28, 2013 8 7
Additional paid-in capital 6,928 6,894
Treasury stock, at cost (12 shares on September 27, 2014 and 10 shares on December 28, 2013) (118) (112)
Accumulated deficit (6,282) (6,243)
Accumulated other comprehensive loss (1) (2)
Total stockholders' equity 535 544
Total liabilities and stockholders' equity $ 4,325 $ 4,337