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. 29, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 963 $ 1,078
Marketable securities 165 78
Accounts receivable, net 1,333 1,235
Inventories, net 1,015 845
Prepayments and receivables—related parties 30 34
Prepaid expenses and other current assets 248 270
Total current assets 3,754 3,540
Property and equipment, net 458 348
Operating lease right-of-use assets 212 0
Goodwill 289 289
Investment: equity method 58 58
Other assets 331 321
Total assets 5,102 4,556
Current liabilities:    
Short-term debt, net 0 136
Accounts payable 828 834
Payables to related parties 201 207
Accrued liabilities 727 783
Other current liabilities 48 24
Total current liabilities 1,804 1,984
Long-term debt, net 1,031 1,114
Long-term operating lease liabilities 211 0
Other long-term liabilities 155 192
Contingencies (See Note 12)
Capital stock:    
Common stock, par value $0.01; shares authorized: 2,250; shares issued: 1,091 and 1,010; shares outstanding: 1,086 and 1,005 11 10
Additional paid-in capital 9,325 8,750
Treasury stock, at cost (shares issued: 5 and 5) (50) (50)
Accumulated deficit (7,385) (7,436)
Accumulated other comprehensive loss 0 (8)
Total stockholders’ equity 1,901 1,266
Total liabilities and stockholders’ equity $ 5,102 $ 4,556