NXP Semiconductors
Table 2: Condensed consolidated balance sheet (unaudited)
| ($ in millions) | As of | ||||||||
| July 2, 2023 | April 2, 2023 | July 3, 2022 | |||||||
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and cash equivalents | $ | 3,863 | $ | 3,930 | $ | 3,545 | |||
| Accounts receivable, net | 1,061 | 1,063 | 996 | ||||||
| Inventories, net | 2,107 | 1,977 | 1,462 | ||||||
| Other current assets | 416 | 387 | 317 | ||||||
| Total current assets | 7,447 | 7,357 | 6,320 | ||||||
| Non-current assets: | |||||||||
| Other non-current assets | 2,136 | 2,095 | 1,848 | ||||||
| Property, plant and equipment, net | 3,152 | 3,123 | 2,914 | ||||||
| Identified intangible assets, net | 1,110 | 1,208 | 1,527 | ||||||
| Goodwill | 9,950 | 9,949 | 9,930 | ||||||
| Total non-current assets | 16,348 | 16,375 | 16,219 | ||||||
| Total assets | 23,795 | 23,732 | 22,539 | ||||||
| LIABILITIES AND EQUITY | |||||||||
| Current liabilities: | |||||||||
| Accounts payable 1) | 967 | 1,002 | 1,191 | ||||||
| Restructuring liabilities-current | 23 | 27 | 12 | ||||||
| Other current liabilities 1) | 2,096 | 2,186 | 1,738 | ||||||
| Short-term debt | 999 | 998 | — | ||||||
| Total current liabilities | 4,085 | 4,213 | 2,941 | ||||||
| Non-current liabilities: | |||||||||
| Long-term debt | 10,171 | 10,169 | 11,160 | ||||||
| Restructuring liabilities | 8 | 7 | 12 | ||||||
| Deferred tax liabilities | 40 | 38 | 41 | ||||||
| Other non-current liabilities | 1,014 | 1,057 | 1,159 | ||||||
| Total non-current liabilities | 11,233 | 11,271 | 12,372 | ||||||
| Non-controlling interests | 305 | 299 | 264 | ||||||
| Stockholders’ equity | 8,172 | 7,949 | 6,962 | ||||||
| Total equity | 8,477 | 8,248 | 7,226 | ||||||
| Total liabilities and equity | 23,795 | 23,732 | 22,539 | ||||||
| 1) | We have reclassified $271 million as of July 3, 2022 related to customer programs previously presented in “Accounts payable” to “Other current liabilities” to conform to current period presentation. | ||||||||
