STMicroelectronics Reports 2021 Third Quarter Financial Results
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STMicroelectronics N.V. | | | | |
CONSOLIDATED BALANCE SHEETS | | | | |
As at | October 2, | July 3, | December 31, | |
In millions of U.S. dollars | 2021 | 2021 | 2020 | | | (Unaudited) | (Unaudited) | (Audited) | |
ASSETS | | | | |
Current assets: | | | | | Cash and cash equivalents | 3,112 | 3,749 | 3,006 | | Short-term deposits | 350 | 500 | 581 | | Marketable securities | - | - | 133 | | Trade accounts receivable, net | 1,611 | 1,571 | 1,465 | | Inventories | 1,969 | 1,970 | 1,841 | | Other current assets | 573 | 650 | 584 | |
Total current assets |
7,615 |
8,440 |
7,610 | | Goodwill | 318 | 322 | 330 | | Other intangible assets, net | 447 | 442 | 445 | | Property, plant and equipment, net | 5,172 | 5,037 | 4,596 | | Non-current deferred tax assets | 681 | 688 | 739 | | Long-term investments | 10 | 10 | 10 | | Other non-current assets | 627 | 576 | 724 | | |
7,255 |
7,075 |
6,844 | |
Total assets |
14,870 |
15,515 |
14,454 | | | | | | |
LIABILITIES AND EQUITY | | | | |
Current liabilities: | | | | | Short-term debt | 205 | 872 | 795 | | Trade accounts payable | 1,352 | 1,366 | 1,166 | | Other payables and accrued liabilities | 1,032 | 975 | 966 | | Dividends payable to stockholders | 115 | 168 | 42 | | Accrued income tax | 147 | 95 | 84 | |
Total current liabilities |
2,851 |
3,476 |
3,053 | | Long-term debt | 2,459 | 2,296 | 1,826 | | Post-employment benefit obligations | 493 | 497 | 506 | | Long-term deferred tax liabilities | 61 | 57 | 75 | | Other long-term liabilities | 436 | 473 | 488 | | |
3,449 |
3,323 |
2,895 | |
Total liabilities |
6,300 |
6,799 |
5,948 | | 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, 911,276,920 shares issued, 908,312,878 shares outstanding) | 1,157 | 1,157 | 1,157 | | Additional Paid-in Capital | 2,478 | 3,174 | 3,062 | | Retained earnings | 4,476 | 4,053 | 3,599 | | Accumulated other comprehensive income | 513 | 571 | 723 | | Treasury stock | (116) | (300) | (93) | | Total parent company stockholders' equity | 8,508 | 8,655 | 8,448 | | Noncontrolling interest | 62 | 61 | 58 | |
Total equity |
8,570 |
8,716 |
8,506 | |
Total liabilities and equity |
14,870 |
15,515 |
14,454 | | | | | |
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