Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 26, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 1,296 $ 1,466
Short-term investments 475 37
Accounts receivable, net 2,134 1,859
Inventories 1,292 982
Receivables from related parties 4 20
Prepaid expenses and other current assets 299 233
Total current assets 5,500 4,597
Property and equipment, net 595 500
Operating lease right-of-use assets 215 205
Goodwill 289 289
Investment: equity method 60 58
Other non-current assets 364 379
Total assets 7,023 6,028
Current liabilities:    
Accounts payable 752 988
Payables to related parties 115 213
Accrued liabilities 1,478 1,084
Other current liabilities 72 74
Total current liabilities 2,417 2,359
Long-term debt, net 373 486
Long-term operating lease liabilities 205 199
Other long-term liabilities 161 157
Contingencies (See Note 11)
Capital stock:    
Common stock, par value 0.01; shares authorized: 2,250; shares issued: 1,208 and 1,175; shares outstanding: 1,202 and 1,170 12 12
Additional paid-in capital 10,362 9,963
Treasury stock, at cost (shares held: 6 and 5) (126) (53)
Accumulated deficit (6,386) (7,095)
Accumulated other comprehensive income 5 0
Total stockholders’ equity 3,867 2,827
Total liabilities and stockholders’ equity $ 7,023 $ 6,028