STMicroelectronics Reports Q4 and FY 2022 Financial Results
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STMicroelectronics N.V. | | | | |
CONSOLIDATED BALANCE SHEETS | | | | |
As at | December 31, | October 1, | December 31, | |
In millions of U.S. dollars | 2022 | 2022 | 2021 | | | (Unaudited) | (Unaudited) | (Audited) | |
ASSETS | | | | |
Current assets: | | | | | Cash and cash equivalents | 3,258 | 2,812 | 3,225 | | Short-term deposits | 581 | 780 | 291 | | Marketable securities | 679 | 496 | - | | Trade accounts receivable, net | 1,970 | 2,227 | 1,759 | | Inventories | 2,583 | 2,381 | 1,972 | | Other current assets | 734 | 618 | 581 | |
Total current assets |
9,805 |
9,314 |
7,828 | | Goodwill | 297 | 282 | 313 | | Other intangible assets, net | 405 | 438 | 438 | | Property, plant and equipment, net | 8,201 | 7,093 | 5,660 | | Non-current deferred tax assets | 602 | 526 | 652 | | Long-term investments | 11 | 10 | 10 | | Other non-current assets | 661 | 615 | 639 | | |
10,177 |
8,964 |
7,712 | |
Total assets |
19,982 |
18,278 |
15,540 | | | | | | |
LIABILITIES AND EQUITY | | | | |
Current liabilities: | | | | | Short-term debt | 175 | 155 | 143 | | Trade accounts payable | 2,122 | 1,867 | 1,582 | | Other payables and accrued liabilities | 1,385 | 1,361 | 1,101 | | Dividends payable to stockholders | 60 | 114 | 55 | | Accrued income tax | 95 | 339 | 68 | |
Total current liabilities |
3,837 |
3,836 |
2,949 | | Long-term debt | 2,542 | 2,476 | 2,396 | | Post-employment benefit obligations | 331 | 401 | 442 | | Long-term deferred tax liabilities | 60 | 43 | 64 | | Other long-term liabilities | 454 | 544 | 416 | | |
3,387 |
3,464 |
3,318 | |
Total liabilities |
7,224 |
7,300 |
6,267 | | 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, 911,281,920 shares issued, 903,865,763 shares outstanding) | 1,157 | 1,157 | 1,157 | | Additional paid-in capital | 2,631 | 2,568 | 2,533 | | Retained earnings | 8,713 | 7,470 | 5,223 | | Accumulated other comprehensive income | 460 | (93) | 496 | | Treasury stock | (268) | (185) | (200) | | Total parent company stockholders' equity |
12,693 |
10,917 |
9,209 | | Noncontrolling interest | 65 | 61 | 64 | |
Total equity |
12,758 |
10,978 |
9,273 | |
Total liabilities and equity |
19,982 |
18,278 |
15,540 | | | | | | | | | | |
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