GlobalFoundries Reports Fourth Quarter 2023 and Fiscal Year 2023 Financial Results



Unaudited Consolidated Statements of Financial Position
 
(in millions USD)  December 31, 2023  December 31, 2022
     
Assets:    
Cash and cash equivalents $2,387  $2,352 
Receivables, prepayments and other  1,420   1,487 
Marketable securities  1,033   622 
Inventories  1,487   1,339 
Current assets  $ 6,327   $ 5,800 
Deferred tax assets $241  $292 
Property, plant, and equipment, net  10,164   10,596 
Marketable securities  468   372 
Other assets  844     781  
Non-current assets   $ 11,717     $ 12,041  
Total assets   $ 18,044     $ 17,841  
Liabilities and equity:        
Current portion of long-term debt   $ 571     $ 223  
Other current liabilities     2,528       3,136  
Current liabilities   $ 3,099     $ 3,359  
Non-current portion of long-term debt   $ 1,801     $ 2,288  
Other liabilities     1,993       2,234  
Non-current liabilities   $ 3,794     $ 4,522  
Shareholders' equity:        
Common stock/additional paid-in capital   $ 24,038     $ 23,842  
Accumulated deficit     (13,001 )     (14,021 )
Accumulated other comprehensive income     67       92  
Non-controlling interest     47       47  
Total liabilities and equity   $ 18,044     $ 17,841  



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