GlobalFoundries Reports Second Quarter 2024 Financial Results

(1) Beginning in Q3 2023, selling, general and administrative includes (gain)/loss on tool sales and certain contract cancellation fees. Prior period amounts have not been adjusted, as they are immaterial.

Unaudited Consolidated Statements of Financial Position
 
(in millions USD)  June 30, 2024  December 31, 2023
     
Assets:    
Cash and cash equivalents $2,184  $2,387 
Receivables, prepayments and other  1,127   1,420 
Marketable securities  1,183   1,033 
Inventories  1,786   1,487 
Current assets  $ 6,280   $ 6,327 
Deferred tax assets $211  $241 
Property, plant, and equipment, net  9,234   9,829  
Right of use assets     510       335  
Marketable securities     778       468  
Other assets     914       844  
Non-current assets   $ 11,647     $ 11,717  
Total assets   $ 17,927     $ 18,044  
Liabilities and equity:        
Current portion of long-term debt   $ 534     $ 571  
Other current liabilities     2,300       2,528  
Current liabilities   $ 2,834     $ 3,099  
Non-current portion of long-term debt   $ 1,687     $ 1,801  
Non-current portion of lease obligations     445       350  
Other liabilities     1,662       1,643  
Non-current liabilities   $ 3,794     $ 3,794  
Total liabilities   $ 6,628     $ 6,893  
Shareholders' equity:        
Common stock / additional paid-in capital   $ 23,925     $ 24,038  
Accumulated deficit     (12,713 )     (13,001 )
Accumulated other comprehensive income     40       67  
Non-controlling interest     47       47  
Total liabilities and equity   $ 17,927     $ 18,044  
                 



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »
Featured Video
Jobs
CAD Engineer for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise