STMicroelectronics Reports Q4 and FY 2018 Financial Results
| | | | | | STMicroelectronics N.V. | | | | | CONSOLIDATED BALANCE SHEETS | | | | | As at | December 31, | September 29, | December 31, | | In millions of U.S. dollars | 2018 | 2018 | 2017 | | | (Unaudited) | (Unaudited) | (Audited) | | ASSETS | | | | | Current assets: | | | | | Cash and cash equivalents | 2,266 | 1,835 | 1,759 | | Short-term deposits | - | 8 | - | | Marketable securities | 330 | 328 | 431 | | Trade accounts receivable, net | 1,277 | 1,309 | 1,149 | | Inventories | 1,562 | 1,586 | 1,335 | | Other current assets | 419 | 442 | 425 | | Total current assets | 5,854 | 5,508 | 5,099 | | Goodwill | 121 | 121 | 123 | | Other intangible assets, net | 212 | 198 | 209 | | Property, plant and equipment, net | 3,495 | 3,414 | 3,094 | | Non-current deferred tax assets | 672 | 691 | 624 | | Long-term investments | 61 | 60 | 57 | | Other non-current assets | 452 | 421 | 475 | | | 5,013 | 4,905 | 4,582 | | Total assets | 10,867 | 10,413 | 9,681 | | | | | | | LIABILITIES AND EQUITY | | | | | Current liabilities: | | | | | Short-term debt | 146 | 117 | 118 | | Trade accounts payable | 981 | 976 | 893 | | Other payables and accrued liabilities | 874 | 909 | 897 | | Dividends payable to stockholders | 60 | 114 | 60 | | Accrued income tax | 59 | 53 | 52 | | Total current liabilities | 2,120 | 2,169 | 2,020 | | Long-term debt | 1,764 | 1,607 | 1,583 | | Post-employment benefit obligations | 385 | 375 | 385 | | Long-term deferred tax liabilities | 14 | 13 | 11 | | Other long-term liabilities | 160 | 197 | 215 | | | 2,323 | 2,192 | 2,194 | | Total liabilities | 4,443 | 4,361 | 4,214 | | Commitment and contingencies | | | | | Equity | | | | | Parent company stockholders' equity | | | | | Common stock (preferred stock: 540,000,000 shares authorized, not issued; common stock: Euro 1.04 nominal value, 1,200,000,000 shares authorized, 911,156,920 shares issued, 898,305,080 shares outstanding) | 1,157 | 1,157 | 1,157 | | Capital surplus | 2,843 | 2,798 | 2,718 | | Retained earnings | 1,991 | 1,574 | 973 | | Accumulated other comprehensive income | 509 | 534 | 688 | | Treasury stock | (141) | (79) | (132) | | Total parent company stockholders' equity | 6,359 | 5,984 | 5,404 | | Noncontrolling interest | 65 | 68 | 63 | | Total equity | 6,424 | 6,052 | 5,467 | | Total liabilities and equity | 10,867 | 10,413 | 9,681 | | | | | |
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