STMicroelectronics Reports Q4 and FY 2020 Financial Results
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STMicroelectronics N.V. | | | | |
CONSOLIDATED BALANCE SHEETS | | | | |
As at | December 31, | September 26, | December 31, | |
In millions of U.S. dollars | 2020 | 2020 | 2019 | | | (Unaudited) | (Unaudited) | (Audited) | |
ASSETS | | | | |
Current assets: | | | | | Cash and cash equivalents | 3,006 | 2,714 | 2,597 | | Restricted cash | - | - | 10 | | Short-term deposits | 581 | 679 | 4 | | Marketable securities | 133 | 134 | 133 | | Trade accounts receivable, net | 1,465 | 1,433 | 1,380 | | Inventories | 1,841 | 1,931 | 1,691 | | Other current assets | 584 | 504 | 442 | |
Total current assets |
7,610 |
7,395 |
6,257 | | Goodwill | 330 | 321 | 162 | | Other intangible assets, net | 445 | 422 | 299 | | Property, plant and equipment, net | 4,596 | 4,312 | 4,007 | | Non-current deferred tax assets | 739 | 726 | 695 | | Long-term investments | 10 | 10 | 11 | | Other non-current assets | 724 | 580 | 437 | | |
6,844 |
6,371 |
5 ,611 | |
Total assets |
14,454 |
13,766 |
11,868 | | | | | | |
LIABILITIES AND EQUITY | | | | |
Current liabilities: | | | | | Short-term debt | 795 | 983 | 173 | | Trade accounts payable | 1,166 | 1,091 | 950 | | Other payables and accrued liabilities | 966 | 865 | 831 | | Dividends payable to stockholders | 42 | 82 | 58 | | Accrued income tax | 84 | 105 | 52 | |
Total current liabilities |
3,053 |
3,126 |
2,064 | | Long-term debt | 1,826 | 1,882 | 1,899 | | Post-employment benefit obligations | 506 | 464 | 445 | | Long-term deferred tax liabilities | 75 | 80 | 19 | | Other long-term liabilities | 488 | 470 | 330 | | |
2,895 |
2,896 |
2,693 | |
Total liabilities |
5,948 |
6,022 |
4,757 | | Commitment and contingencies | | | | |
Equity | | | | | Parent company stockholders' equity | | | | | Common stock (preferred stock: 540,000,000 shares authorized, not issued; common stock: Euro 1.04 par value, 1,200,000,000 shares authorized, 911,239,420 shares issued, 905,415,002 shares outstanding) | 1,157 | 1,157 | 1,157 | | Additional Paid-in Capital | 3,062 | 3,057 | 2,992 | | Retained earnings | 3,599 | 3,019 | 2,747 | | Accumulated other comprehensive income | 723 | 576 | 475 | | Treasury stock | (93) | (133) | (328) | | Total parent company stockholders' equity | 8,448 | 7,676 | 7,043 | | Noncontrolling interest | 58 | 68 | 68 | |
Total equity |
8,506 |
7,744 |
7,111 | |
Total liabilities and equity |
14,454 |
13,766 |
11,868 | | | | | |
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