GlobalFoundries Reports Second Quarter 2023 Financial Results
|
Unaudited Consolidated Statements of Financial Position | |
(in millions USD) | |
June 30, 2023 | |
December 31, 2022 | | | | | | | | Assets: | | | | | | Cash and cash equivalents | | $ | 1,832 | | | $ | 2,352 | | | Receivables, prepayments and other | | | 1,232 | | | | 1,487 | | | Marketable securities | | | 955 | | | | 622 | | | Inventories | | | 1,504 | | | | 1,339 | | |
Current assets | |
$ |
5,523 | | |
$ |
5,800 | | | Deferred tax assets | | $ | 245 | | | $ | 292 | | | Property, plant, and equipment, net | | | 10,789 | | | | 10,596 | | | Marketable securities | | | 516 | | | | 372 | | | Other assets | | | 742 | | | | 781 | | |
Non-current assets | |
$ |
12,292 | | |
$ |
12,041 | | |
Total assets | |
$ |
17,815 | | |
$ |
17,841 | | |
Liabilities and equity: | | | | | | Current portion of long-term debt | | $ | 221 | | | $ | 223 | | | Other current liabilities | | | 2,569 | | | | 3,136 | | |
Current liabilities | |
$ |
2,790 | | |
$ |
3,359 | | | Non-current portion of long-term debt | | $ | 2,208 | | | $ | 2,288 | | | Other liabilities | | | 2,243 | | | | 2,234 | | |
Non-current liabilities | |
$ |
4,451 | | |
$ |
4,522 | | | Shareholders' equity: | | | | | | Common stock/additional paid-in capital | | $ | 23,979 | | | $ | 23,842 | | | Accumulated deficit | | | (13,527 | ) | | | (14,021 | ) | | Accumulated other comprehensive income | | | 77 | | | | 92 | | | Non-controlling interest | | | 45 | | | | 47 | | |
Total liabilities and equity | |
$ |
17,815 | | |
$ |
17,841 | | | | | | | | | | | |
|
