Table 2: Condensed consolidated balance sheet (unaudited)
| ($ in millions) | As of | |||||||||||
| October 3, 2021 | July 4, 2021 |
September 27,
2020 | ||||||||||
| ASSETS | ||||||||||||
| Current assets: | ||||||||||||
| Cash and cash equivalents | $ | 2,303 | $ | 2,910 | $ | 3,566 | ||||||
| Accounts receivable, net | 979 | 991 | 755 | |||||||||
| Inventories, net | 1,173 | 1,116 | 1,064 | |||||||||
| Other current assets | 266 | 274 | 219 | |||||||||
| Total current assets | 4,721 | 5,291 | 5,604 | |||||||||
| Non-current assets: | ||||||||||||
| Other non-current assets | 1,070 | 1,094 | 924 | |||||||||
| Property, plant and equipment, net | 2,510 | 2,375 | 2,255 | |||||||||
| Identified intangible assets, net | 1,741 | 1,891 | 2,380 | |||||||||
| Goodwill | 9,968 | 9,971 | 9,959 | |||||||||
| Total non-current assets | 15,289 | 15,331 | 15,518 | |||||||||
| Total assets | 20,010 | 20,622 | 21,122 | |||||||||
| LIABILITIES AND EQUITY | ||||||||||||
| Current liabilities: | ||||||||||||
| Accounts payable | 1,140 | 1,167 | 697 | |||||||||
| Restructuring liabilities-current | 30 | 36 | 25 | |||||||||
| Other current liabilities | 1,269 | 1,133 | 940 | |||||||||
| Short-term debt | 999 | — | 1,749 | |||||||||
| Total current liabilities | 3,438 | 2,336 | 3,411 | |||||||||
| Non-current liabilities: | ||||||||||||
| Long-term debt | 8,594 | 9,591 | 7,607 | |||||||||
| Restructuring liabilities | 13 | 12 | 15 | |||||||||
| Deferred tax liabilities | 84 | 90 | 136 | |||||||||
| Other non-current liabilities | 909 | 924 | 880 | |||||||||
| Total non-current liabilities | 9,600 | 10,617 | 8,638 | |||||||||
| Non-controlling interests | 234 | 227 | 197 | |||||||||
| Stockholders’ equity | 6,738 | 7,442 | 8,876 | |||||||||
| Total equity | 6,972 | 7,669 | 9,073 | |||||||||
| Total liabilities and equity | 20,010 | 20,622 | 21,122 | |||||||||
