Broadcom Limited Announces Third Quarter Fiscal Year 2016 Financial Results and Interim Dividend
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BROADCOM LIMITED | |
CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED | |
(IN MILLIONS) | | | | | | | | | | |
July 31, | |
November 1,
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2016 | | | |
2015 (1) | | | | | | | | | | |
ASSETS | | | | | | | | | | | | | | Current assets: | | | | | | | Cash and cash equivalents | | $ | 1,961 | | | $ | 1,822 | | | | Trade accounts receivable, net | | | 2,181 | | | | 1,019 | | | | Inventory | | | 1,306 | | | | 524 | | | | Assets held-for-sale | | | 246 | | | | 22 | | | | Other current assets | | | 354 | | | | 372 | | | | Total current assets | | | 6,048 | | | | 3,759 | | | | Property, plant and equipment, net | | | 2,573 | | | | 1,460 | | | | Goodwill | | | 24,784 | | | | 1,674 | | | | Intangible assets, net | | | 15,819 | | | | 3,277 | | | | Other long-term assets | | | 528 | | | | 345 | | | | Total assets | | $ | 49,752 | | | $ | 10,515 | | | | | | | | | | | | | | | | | | | | | |
LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | | | | | | | Current liabilities: | | | | | | | Accounts payable | | $ | 1,127 | | | $ | 617 | | | | Employee compensation and benefits | | | 424 | | | | 250 | | | | Current portion of long-term debt | | | 334 | | | | 46 | | | | Other current liabilities | | | 843 | | | | 206 | | | | Total current liabilities | | | 2,728 | | | | 1,119 | | | | | | | | | | | Long-term liabilities: | | | | | | | Long-term debt | | | 13,381 | | | | 3,826 | | | | Pension and post-retirement benefit obligations | | | 468 | | | | 475 | | | | Other long-term liabilities | | | 10,671 | | | | 381 | | | | Total liabilities | | | 27,248 | | | | 5,801 | | | | | | | | | | | Shareholders' equity: | | | | | | | Ordinary shares | | | 18,926 | | | | 2,547 | | | | Retained earnings | | | 619 | | | | 2,240 | | | | Accumulated other comprehensive loss | | | (72 | ) | | | (73 | ) | | | Total Broadcom Limited shareholders' equity | | | 19,473 | | | | 4,714 | | | | Noncontrolling interest | | | 3,031 | | | | - | | | | Total shareholders' equity | | | 22,504 | | | | 4,714 | | | | Total liabilities and shareholders' equity | | $ | 49,752 | | | $ | 10,515 | | | | | | | | | | | (1) Amounts as of November 1, 2015 have been derived from audited financial statements as of that date. | | | | | | | | |
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