Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Jun. 29, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 4,113 $ 3,933
Short-term investments 1,227 1,840
Accounts receivable, net 5,749 5,376
Inventories 4,991 4,351
Receivables from related parties 24 9
Prepaid expenses and other current assets 1,361 1,259
Total current assets 17,465 16,768
Property and equipment, net 1,666 1,589
Operating lease right-of-use assets 635 633
Goodwill 24,262 24,262
Acquisition-related intangibles, net 20,138 21,363
Investment: equity method 113 99
Deferred tax assets 617 366
Other non-current assets 2,990 2,805
Total assets 67,886 67,885
Current liabilities:    
Accounts payable 1,699 2,055
Payables to related parties 420 363
Accrued liabilities 3,629 3,082
Current portion of long-term debt, net 0 751
Other current liabilities 447 438
Total current liabilities 6,195 6,689
Long-term debt, net of current portion 1,719 1,717
Long-term operating lease liabilities 526 535
Deferred tax liabilities 1,192 1,202
Other long-term liabilities 1,716 1,850
Commitments and contingencies (See Note 12)
Capital stock:    
Common stock, par value $0.01; shares authorized: 2,250; shares issued: 1,668 and 1,663; shares outstanding: 1,618 and 1,616 17 17
Additional paid-in capital 60,542 59,676
Treasury stock, at cost (shares held: 50 and 47) (5,103) (4,514)
Retained earnings 1,111 723
Accumulated other comprehensive loss (29) (10)
Total stockholders’ equity 56,538 55,892
Total liabilities and stockholders’ equity $ 67,886 $ 67,885
Common stock, outstanding (in shares) 1,618 1,616
Common stock, par value (in dollars per share) $ 0.01  
Common stock, authorized (in shares) 2,250  
Common stock, issued (in shares) 1,668 1,663