STMicroelectronics Reports 2022 First Quarter Financial Results
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STMicroelectronics N.V. | | | | |
CONSOLIDATED BALANCE SHEETS | | | | |
As at | April 2, | December 31, | April 3, | |
In millions of U.S. dollars | 2022 | 2021 | 2021 | | | (Unaudited) | (Audited) | (Unaudited) | |
ASSETS | | | | |
Current assets: | | | | | Cash and cash equivalents | 2,828 | 3,225 | 3,454 | | Short-term deposits | 427 | 291 | 573 | | Marketable securities | 139 | - | 132 | | Trade accounts receivable, net | 1,809 | 1,759 | 1,418 | | Inventories | 2,147 | 1,972 | 1,843 | | Other current assets | 633 | 581 | 550 | |
Total current assets |
7,983 |
7,828 |
7,970 | | Goodwill | 307 | 313 | 320 | | Other intangible assets, net | 462 | 438 | 434 | | Property, plant and equipment, net | 6,151 | 5,660 | 4,743 | | Non-current deferred tax assets | 604 | 652 | 717 | | Long-term investments | 10 | 10 | 10 | | Other non-current assets | 705 | 639 | 784 | | |
8,239 |
7,712 |
7,008 | |
Total assets |
16,222 |
15,540 |
14,978 | | | | | | |
LIABILITIES AND EQUITY | | | | |
Current liabilities: | | | | | Short-term debt | 140 | 143 | 837 | | Trade accounts payable | 1,608 | 1,582 | 1,281 | | Other payables and accrued liabilities | 1,207 | 1,101 | 1,003 | | Dividends payable to stockholders | 6 | 55 | 4 | | Accrued income tax | 113 | 68 | 75 | |
Total current liabilities |
3,074 |
2,949 |
3,200 | | Long-term debt | 2,414 | 2,396 | 2,137 | | Post-employment benefit obligations | 436 | 442 | 490 | | Long-term deferred tax liabilities | 47 | 64 | 74 | | Other long-term liabilities | 424 | 416 | 461 | | |
3,321 |
3,318 |
3,162 | |
Total liabilities |
6,395 |
6,267 |
6,362 | | 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, 911,281,920 shares issued, 904,642,060 shares outstanding) | 1,157 | 1,157 | 1,157 | | Additional Paid-in Capital | 2,472 | 2,533 | 3,127 | | Retained earnings | 5,995 | 5,223 | 3,963 | | Accumulated other comprehensive income | 426 | 496 | 559 | | Treasury stock | (286) | (200) | (249) | |
Total parent company stockholders' equity |
9,764 |
9,209 |
8,557 | | Noncontrolling interest | 63 | 64 | 59 | |
Total equity |
9,827 |
9,273 |
8,616 | |
Total liabilities and equity |
16,222 |
15,540 |
14,978 | | | | | |
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