STMicroelectronics Reports Q4 and FY 2021 Financial Results
| | | | | |
STMicroelectronics N.V. | | | | |
CONSOLIDATED BALANCE SHEETS | | | | |
As at | December 31, | October 2, | December 31, | |
In millions of U.S. dollars | 2021 | 2021 | 2020 | | | (Unaudited) | (Unaudited) | (Audited) | |
ASSETS | | | | |
Current assets: | | | | | Cash and cash equivalents | 3,225 | 3,112 | 3,006 | | Short-term deposits | 291 | 350 | 581 | | Marketable securities | - | - | 133 | | Trade accounts receivable, net | 1,759 | 1,611 | 1,465 | | Inventories | 1,972 | 1,969 | 1,841 | | Other current assets | 581 | 573 | 584 | |
Total current assets |
7,828 |
7,615 |
7,610 | | Goodwill | 313 | 318 | 330 | | Other intangible assets, net | 438 | 447 | 445 | | Property, plant and equipment, net | 5,660 | 5,172 | 4,596 | | Non-current deferred tax assets | 652 | 681 | 739 | | Long-term investments | 10 | 10 | 10 | | Other non-current assets | 639 | 627 | 724 | | |
7,712 |
7,255 |
6,844 | |
Total assets |
15,540 |
14,870 |
14,454 | | | | | | |
LIABILITIES AND EQUITY | | | | |
Current liabilities: | | | | | Short-term debt | 143 | 205 | 795 | | Trade accounts payable | 1,582 | 1,352 | 1,166 | | Other payables and accrued liabilities | 1,101 | 1,032 | 966 | | Dividends payable to stockholders | 55 | 115 | 42 | | Accrued income tax | 68 | 147 | 84 | |
Total current liabilities |
2,949 |
2,851 |
3,053 | | Long-term debt | 2,396 | 2,459 | 1,826 | | Post-employment benefit obligations | 442 | 493 | 506 | | Long-term deferred tax liabilities | 64 | 61 | 75 | | Other long-term liabilities | 416 | 436 | 488 | | |
3,318 |
3,449 |
2,895 | |
Total liabilities |
6,267 |
6,300 |
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, 906,518,057 shares outstanding) | 1,157 | 1,157 | 1,157 | | Additional Paid-in Capital | 2,533 | 2,478 | 3,062 | | Retained earnings | 5,223 | 4,476 | 3,599 | | Accumulated other comprehensive income | 496 | 513 | 723 | | Treasury stock | (200) | (116) | (93) | | Total parent company stockholders' equity | 9,209 | 8,508 | 8,448 | | Noncontrolling interest | 64 | 62 | 58 | |
Total equity |
9,273 |
8,570 |
8,506 | |
Total liabilities and equity |
15,540 |
14,870 |
14,454 | | | | | | | | | | |
|
