STMicroelectronics Reports 2021 Second Quarter Financial Results
| | | | | |
STMicroelectronics N.V. | | | | |
CONSOLIDATED BALANCE SHEETS | | | | |
As at | July 3, | April 3, | December 31, | |
In millions of U.S. dollars | 2021 | 2021 | 2020 | | | (Unaudited) | (Unaudited) | (Audited) | |
ASSETS | | | | |
Current assets: | | | | | Cash and cash equivalents | 3,749 | 3,454 | 3,006 | | Short-term deposits | 500 | 573 | 581 | | Marketable securities | - | 132 | 133 | | Trade accounts receivable, net | 1,571 | 1,418 | 1,465 | | Inventories | 1,970 | 1,843 | 1,841 | | Other current assets | 650 | 550 | 584 | |
Total current assets |
8,440 |
7,970 |
7,610 | | Goodwill | 322 | 320 | 330 | | Other intangible assets, net | 442 | 434 | 445 | | Property, plant and equipment, net | 5,037 | 4,743 | 4,596 | | Non-current deferred tax assets | 688 | 717 | 739 | | Long-term investments | 10 | 10 | 10 | | Other non-current assets | 576 | 784 | 724 | | |
7,075 |
7,008 |
6,844 | |
Total assets |
15,515 |
14,978 |
14,454 | | | | | | |
LIABILITIES AND EQUITY | | | | |
Current liabilities: | | | | | Short-term debt | 872 | 837 | 795 | | Trade accounts payable | 1,366 | 1,281 | 1,166 | | Other payables and accrued liabilities | 975 | 1,003 | 966 | | Dividends payable to stockholders | 168 | 4 | 42 | | Accrued income tax | 95 | 75 | 84 | |
Total current liabilities |
3,476 |
3,200 |
3,053 | | Long-term debt | 2,296 | 2,137 | 1,826 | | Post-employment benefit obligations | 497 | 490 | 506 | | Long-term deferred tax liabilities | 57 | 74 | 75 | | Other long-term liabilities | 473 | 461 | 488 | | |
3,323 |
3,162 |
2,895 | |
Total liabilities |
6,799 |
6,362 |
5,948 | | Commitment and contingencies | | | | |
Equity | | | | | Parent company stockholders' equity | | | | | Common stock (preferred stock: 540,000,000 shares authorized, not issued; common stock: Euro 1.04 par value, 1,200,000,000 shares authorized, 911,264,420 shares issued, 903,271,713 shares outstanding) | 1,157 | 1,157 | 1,157 | | Additional Paid-in Capital | 3,174 | 3,127 | 3,062 | | Retained earnings | 4,053 | 3,963 | 3,599 | | Accumulated other comprehensive income | 571 | 559 | 723 | | Treasury stock | (300) | (249) | (93) | |
Total parent company stockholders' equity |
8,655 |
8,557 |
8,448 | | Noncontrolling interest | 61 | 59 | 58 | |
Total equity |
8,716 |
8,616 |
8,506 | |
Total liabilities and equity |
15,515 |
14,978 |
14,454 | | | | | |
|
