ST believes its Net Financial Position and Adjusted Net Financial Position provide useful information for investors and management because they give evidence of our global position either in terms of net indebtedness or net cash by measuring our capital resources based on cash and cash equivalents, restricted cash, if any, short-term deposits and marketable securities and the total level of our financial debt. Our definitions of Net Financial Position and Adjusted Net Financial Position may differ from definitions used by other companies, and therefore, comparability may be limited.
| (US$ m) | Dec 31 2023 | Sep 30 2023 | July 1 2023 | Apr 1 2023 | Dec 31 2022 |
| Cash and cash equivalents | 3,222 | 3,011 | 3,111 | 3,572 | 3,258 |
| Short term deposits | 1,226 | 506 | 106 | 106 | 581 |
| Marketable securities | 1,635 | 1,537 | 1,346 | 841 | 679 |
| Total liquidity | 6,083 | 5,054 | 4,563 | 4,519 | 4,518 |
| Short-term debt | (217) | (173) | (176) | (176) | (175) |
| Long-term debt (a) | (2,710) | (2,418) | (2,473) | (2,488) | (2,542) |
| Total financial debt | (2,927) | (2,591) | (2,649) | (2,664) | (2,717) |
| Net Financial Position | 3,156 | 2,463 | 1,914 | 1,855 | 1,801 |
| Advances from capital grants | (152) | - | - | - | - |
| Adjusted Net Financial Position | 3,004 | 2,463 | 1,914 | 1,855 | 1,801 |
