GlobalFoundries Reports Second Quarter 2022 Financial Results

Unaudited Consolidated Statements of Financial Position

(in millions USD)  June 30, 2022  December 31, 2021
     
Assets:    
Cash and cash equivalents $2,474  $2,939 
Receivables, prepayments and other  1,247   1,231 
Marketable securities  525    
Inventories  1,262   1,121 
Current assets  $ 5,508   $ 5,291 
Deferred tax assets  313   353 
Property, plant, and equipment, net  9,410   8,713 
Marketable securities  263    
Other assets    700       671  
Noncurrent assets     10,686       9,737  
Total assets   $ 16,194     $ 15,028  
Liabilities and equity:        
Current portion of long-term debt   $ 262     $ 297  
Other current liabilities     3,051       2,866  
Current liabilities   $ 3,313     $ 3,163  
Noncurrent portion of long-term debt     1,908       1,716  
Other liabilities     2,315       2,116  
Noncurrent liabilities   $ 4,223     $ 3,832  
Shareholders' equity:        
Common stock/additional paid-in capital     23,684       23,498  
Accumulated deficit     (15,026 )     (15,469 )
Accumulated other comprehensive (loss)     (51 )     (54 )
Non-controlling interest     51       58  
Total liabilities and equity   $ 16,194     $ 15,028  



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