Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2018 Financial Results and Quarterly Dividend

 

 

BROADCOM INC.

CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED

(IN MILLIONS)















November 4, 


October 29,




2018


2017








ASSETS












Current assets:






Cash and cash equivalents


$              4,292


$            11,204


Trade accounts receivable, net


3,325


2,448


Inventory


1,124


1,447


Other current assets


366


724








Total current assets


9,107


15,823








Long-term assets:






Property, plant and equipment, net


2,635


2,599


Goodwill


26,913


24,706


Intangible assets, net


10,762


10,832


Other long-term assets


707


458








Total assets


$            50,124


$            54,418




















LIABILITIES AND EQUITY












Current liabilities:






Accounts payable


$                 811


$              1,105


Employee compensation and benefits


715


626


Current portion of long-term debt


-


117


Other current liabilities


812


681








Total current liabilities


2,338


2,529








Long-term liabilities:






Long-term debt


17,493


17,431


Other long-term liabilities


3,636


11,272








Total liabilities


23,467


31,232














Equity:






Broadcom Inc. stockholders' equity:






Common stock and additional paid-in capital


23,285


20,505


Retained earnings (accumulated deficit)


3,487


(129)


Accumulated other comprehensive loss


(115)


(91)








Total Broadcom Inc. stockholders' equity


26,657


20,285


Noncontrolling interest


-


2,901


Total equity


26,657


23,186








  Total liabilities and equity


$            50,124


$            54,418















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