<SEC-DOCUMENT>0000947871-19-000320.txt : 20190501
<SEC-HEADER>0000947871-19-000320.hdr.sgml : 20190501
<ACCEPTANCE-DATETIME>20190501162655
ACCESSION NUMBER:		0000947871-19-000320
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20190501
FILED AS OF DATE:		20190501
DATE AS OF CHANGE:		20190501

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STMICROELECTRONICS NV
		CENTRAL INDEX KEY:			0000932787
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13546
		FILM NUMBER:		19787987

	BUSINESS ADDRESS:	
		STREET 1:		WTC SCHIPHOL AIRPORT
		STREET 2:		SCHIPHOL BOULEVARD 265
		CITY:			SCHIPHOL AIRPORT
		STATE:			P7
		ZIP:			1118BH
		BUSINESS PHONE:		011 41 22 929 2929

	MAIL ADDRESS:	
		STREET 1:		WTC SCHIPHOL AIRPORT
		STREET 2:		SCHIPHOL BOULEVARD 265
		CITY:			SCHIPHOL AIRPORT
		STATE:			P7
		ZIP:			1118BH

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SGS THOMSON MICROELECTRONICS NV
		DATE OF NAME CHANGE:	19950310
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ss134765_6k.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
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      <hr style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"><font style="font-size: 12pt;
        font-family: 'Times New Roman', Times, serif;">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
      </font>Washington, D.C. 20549</div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 16pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">FORM&#160;6-K</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER<font style="font-size: 10pt; font-family: 'Times New Roman', Times,
          serif;"><br>
        </font>PURSUANT TO RULE&#160;13a-16 OR 15d-16 UNDER<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>THE SECURITIES EXCHANGE ACT OF 1934</font></div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Report on Form&#160;6-K dated May 1, 2019</font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Commission File Number:&#160; 1-13546</font></div>
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      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 16pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">STMicroelectronics N.V.</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>(Name of Registrant)</font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">WTC Schiphol Airport<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>Schiphol Boulevard 265<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>1118 BH Schiphol Airport<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>The Netherlands<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>(Address of Principal Executive Offices)</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form&#160;40-F:</font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Form&#160;20-F &#9746;</font><font style="font-size: 10pt; "></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-size: 10pt; font-family: 'Times New
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation&#160;S-T
        Rule&#160;101(b)(1):</font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Yes </font><font style="font-size: 10pt; "><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;





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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation&#160;S-T
        Rule&#160;101(b)(7):</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Yes</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt;
          font-family: 'Times New Roman', Times, serif;"> &#9744;</font></font><font style="font-size: 10pt; "></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No&#160;</font><font style="font-size: 10pt; font-family:
        'Times New Roman', Times, serif;"><font style="font-size: 10pt; "><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9746;</font></font></font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby
        furnishing the information to the Commission pursuant to Rule&#160;12g3-2(b)&#160;under the Securities Exchange Act of 1934:</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Yes </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font><font style="font-size:
        10pt;"></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> </font></font><font style="font-size: 10pt; font-family: 'Times
        New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9746;</font></font><font style="font-size: 10pt; "></font></font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant in connection with Rule&#160;12g3-2(b):&#160; 82-
        __________</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;Enclosure:&#160; STMicroelectronics N.V.&#8217;s First Quarter ended March 30, 2019:</font></div>
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    <div style="text-align: justify; line-height: 1.25;">
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              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Operating and Financial Review and Prospects;</font></div>
              </td>
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    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
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              </td>
              <td style="width: 36pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Unaudited Interim Consolidated Statements of Income, Statements of Comprehensive Income, Balance Sheets, Statements of Cash Flow, and Statements of Equity and
                    related Notes for the three&#160;months ended March 30, 2019; and</font></div>
              </td>
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
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              </td>
              <td style="width: 36pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Certifications pursuant to Sections&#160;302 (Exhibits&#160;12.1 and 12.2) and 906 (Exhibit&#160;13.1) of the Sarbanes-Oxley Act of 2002, submitted to the Commission on a
                    voluntary basis.</font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
      </font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">OPERATING AND FINANCIAL REVIEW AND PROSPECTS</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Overview</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">The following discussion should be read in conjunction with our Unaudited Interim Consolidated
        Statements of Income, Statements of Comprehensive Income, Balance Sheets, Statements of Cash Flows and Statements of Equity for the three months ended March 30, 2019 and Notes thereto included elsewhere in this Form&#160;6-K, and our annual report on
        Form&#160;20-F for the year ended December&#160;31, 2018 as filed with the U.S. Securities and Exchange Commission (the &#8220;Commission&#8221; or the &#8220;SEC&#8221;) on February 28, 2019 (the &#8220;Form&#160;20-F&#8221;). The following discussion contains statements of future expectations and
        other forward-looking statements within the meaning of Section&#160;27A of the Securities Act of 1933, or Section&#160;21E of the Securities Exchange Act of 1934, each as amended, particularly in the sections &#8220;Business Overview&#8221; and &#8220;Liquidity and Capital
        Resources&#8212;Financial Outlook: Capital Investment&#8221;. Our actual results may differ significantly from those projected in the forward-looking statements. For a discussion of factors that might cause future actual results to differ materially from our
        recent results or those projected in the forward-looking statements in addition to the factors set forth below, see &#8220;Cautionary Note Regarding Forward-Looking Statements&#8221; and &#8220;Item&#160;3. Key Information&#8212;Risk Factors&#8221; included in the Form&#160;20-F. We
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our Management&#8217;s Discussion and Analysis of Financial Position and Results of Operations (&#8220;MD&amp;A&#8221;) is provided in
        addition to the accompanying unaudited interim consolidated financial statements (&#8220;Consolidated Financial Statements&#8221;) and notes to assist readers in understanding our results of operations, financial condition and cash flows. Our MD&amp;A is
        organized as follows:</font></div>
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              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Critical Accounting Policies using Significant Estimates.</font></div>
              </td>
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    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
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              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Business Overview, a discussion of our business and overall analysis of financial and other relevant highlights of the three&#160;months ended March 30, 2019
                    designed to provide context for the other sections of the MD&amp;A, including our expectations for selected financial items for the second quarter of 2019.</font></div>
              </td>
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      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
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              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other Developments in the first quarter of 2019.</font></div>
              </td>
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      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Results of Operations, containing a year-over-year and sequential analysis of our financial results for the three&#160;months ended March 30, 2019, as well as
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              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Legal Proceedings.</font></div>
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    <div style="line-height: 1.25">&#160;</div>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Discussion of the impact of changes in exchange rates, interest rates and equity prices on our activity and financial results.</font></div>
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    </div>
    <div style="line-height: 1.25">&#160;</div>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Liquidity and Capital Resources, presenting an analysis of changes in our balance sheets and cash flows, and discussing our financial condition and potential
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              </td>
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    </div>
    <div style="line-height: 1.25">&#160;</div>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Impact of Recently Issued U.S. Accounting Standards.</font></div>
              </td>
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        energy-efficient products and solutions that power the electronics at the heart of everyday life. ST&#8217;s products are found everywhere today and together with our customers, we are enabling smarter driving and smarter factories, cities and homes,
        along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life.augmented.</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,226</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
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          <td style="vertical-align: bottom; width: 35%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Gross profit</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Gross margin as percentage of net revenues</font></div>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="2" style="vertical-align: bottom; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%;" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; width: 35%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Operating income</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">211</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">443</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">269</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income attributable to parent company</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">178</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">239</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(57.4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Earnings per share (Diluted)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The total available market is defined as the &#8220;TAM&#8221;, while the serviceable available market, the &#8220;SAM&#8221;, is defined as the
        market for products sold by us (which consists of the TAM and excludes major devices such as Microprocessors (MPUs), Dynamic random-access memories (DRAMs), optoelectronics devices, Flash Memories and the Wireless Application Specific market
        products such as Baseband and Application Processor).</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Based on the data published by World Semiconductor Trade Statistics (WSTS), semiconductor industry revenues decreased in
        the first quarter of 2019, on a sequential basis, by approximately 16% for the TAM and 7% for the SAM, to reach approximately $97 billion and $45 billion, respectively. On a year-over-year basis, the TAM decreased by approximately 13% while the SAM
        remained substantially flat.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">First quarter 2019 net revenues amounted to $2,076 million, decreasing sequentially by 21.6%, 90 basis points lower than
        the mid-point of our released guidance. On a sequential basis, Automotive and Discrete Group (ADG) revenues decreased 6.6%, Analog, MEMS and Sensors Group (AMS) revenues decreased 44.1% primarily due to lower Imaging revenues, while
        Microcontrollers and Digital ICs Group (MDG) revenues decreased 10.5%.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">3</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On a year-over-year basis, first quarter net revenues decreased 6.7% mainly driven by lower revenues in AMS and MDG,
        partially offset by higher revenues in ADG. Specifically, AMS revenues decreased by 15.7%, mainly driven by Imaging and Analog; MDG revenues were lower by 17.7%, entirely due to reduced sales in MMS. ADG revenues were higher by 10.5% supported by
        both Automotive and Power Discrete.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our revenue performance was below the performance of the SAM on a sequential and year-over-year basis.</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our effective average exchange rate for the first quarter of 2019 was $1.16 for &#8364;1.00 compared to $1.17 for &#8364;1.00 in the
        fourth quarter of 2018 and $1.18 for &#8364;1.00 in the first quarter of 2018. For a more detailed discussion of our hedging arrangements and the impact of fluctuations in exchange rates, see &#8220;Impact of Changes in Exchange Rates&#8221;.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our first quarter of 2019 gross profit was $818 million and gross margin was 39.4%, 40 basis points above the mid-point of
        our guidance, mainly due to lower sales price pressure and a better product mix than expected. On a sequential basis, gross margin decreased 60 basis points, mainly due to sales price pressure. Gross margin decreased 50 basis points year-over-year,
        mainly impacted by sales price pressure including the currency effect on revenues, partially offset by better product mix and improved manufacturing efficiency.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our aggregated selling, general &amp; administrative (SG&amp;A) and research &amp; development (R&amp;D) costs amounted to
        $640 million, increasing compared to $630 million and $614 million in the prior and year-ago quarter respectively. On a year-over-year basis, operating expenses increased mainly due to higher labor cost, including variable and share based
        compensation.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other income and expenses, net, amounted to positive $33 million, increasing compared to the previous and year-ago
        quarters, mainly due to higher R&amp;D funding, mainly benefitting from the grants associated with the &#8220;Nano 2022&#8221; program in France as part of the European Commission &#8220;Important Project of Common European Interest&#8221; (IPCEI) program.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the first quarter of 2019, our operating income was $211 million, equivalent to 10.2% of net revenues, compared to $443
        million in the fourth quarter of 2018 (16.8% of net revenues), and to $269 million (12.1% of net revenues) in the year-ago quarter. Sequentially and on a year-over-year basis, our operating results decreased, mainly reflecting lower revenues and
        lower level of gross margin.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our net cash from operating activities was $341 million and net cash used in investing activities was $408 million
        including the net cash outflow of $76 million for the acquisition of 55% of Norstel&#8217;s share capital, generating a negative free cash flow (non U.S. GAAP measure) of $67 million for the first quarter of 2019. Our net cash variation was positive $101
        million, including the net cash from financing activities of $173 million (comprised mainly of proceeds from long-term debt of $281 million, the repurchase of common stock of $61 million and dividend payment of $54 million).</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Looking at the second quarter, we plan to return to sequential revenue growth. Our second quarter outlook, at the
        mid-point, is for net revenues to increase about 2.4%, plus or minus 350 basis points. Gross margin is expected to be about 38.5%, plus or minus 200 basis points.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">This outlook is based on an assumed effective currency exchange rate of approximately $1.14 = &#8364;1.00
        for the 2019 second quarter and includes the impact of existing hedging contracts. The second quarter will close on June 29, 2019.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Additionally, for the full year 2019, we expect net revenues to be in the range of about $9.45 to $9.85 billion. We
        therefore plan for strong sequential growth in the second half of the year compared with the first half, across the Industrial, Automotive and Personal Electronics end markets. Our revenue expectation is taking into account engaged customer
        programs, new product introductions, and assumes improving market conditions.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We are moderating our investment plans, with our 2019 CAPEX plan now $1.1 - $1.2 billion, from $1.2 - $1.3 billion
        initially communicated.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our objectives in 2019 are to outperform our served market and to deliver sustainable profitability.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">These are forward-looking statements that are subject to known and unknown risks and uncertainties
        that could cause actual results to differ materially; in particular, refer to those known risks and uncertainties described in &#8220;Cautionary Note Regarding Forward-Looking Statements&#8221; and Item&#160;3. &#8220;Key Information &#8212; Risk Factors&#8221; in our Form&#160;20-F as
        may be updated from time to time in our SEC filings.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">4</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Other Developments in the First Quarter of 2019</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On March 15, we announced and hosted the official launch of the French &#8220;Nano2022&#8221; program for the microelectronics
        industry at our Crolles site. &#8220;Nano2022&#8221; is part of the European Commission&#8217;s IPCEI for Microelectronics initiative and is specifically a five-year public-private strategic support program targeting not only research, development, and innovation,
        but also first industrial deployment. &#8220;Nano2022&#8221; will support our French R&amp;D and manufacturing sites: Crolles, Grenoble, Rennes, Rousset, and Tours; advances in key technologies: new generations of microcontrollers, microprocessors, and digital
        integrated circuits; power conversion technologies, including wide-bandgap materials, to optimize electric system performance; and new specialized imaging and 3D sensors.</font></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On March 27, we announced the main resolutions to be submitted for adoption at the Company&#8217;s Annual General Meeting of
        Shareholders (AGM), which will be held in Amsterdam, the Netherlands, on May 23, 2019. The main resolutions, proposed by the Supervisory Board, include:</font></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
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            <tr>
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              </td>
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              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The adoption of the Company&#8217;s Statutory Annual Accounts for the year ended December 31, 2018, prepared in accordance with International Financial Reporting
                    Standards (IFRS) and filed with the Netherlands Authority for the Financial Markets (AFM) on March 27, 2019;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z27b46b1cca2744ed94fe990a4f5e2fb9" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The distribution of a cash dividend of $0.24 per outstanding share of the Company&#8217;s common stock, to be distributed in quarterly installments of $0.06 in each
                    of the second, third and fourth quarters of 2019 and first quarter of 2020 to shareholders of record in the month of each quarterly payment;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z530fd4d5c6f743d6880f8619e24b36c5" cellpadding="0" cellspacing="0">

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              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The reappointment of Ms. Martine Verluyten, as member of the Supervisory Board, for a one-year term expiring at the 2020 AGM;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zece33a37b7ba4ed2a7487099dbcf81e9" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The reappointment of Ms. Janet Davidson, as member of the Supervisory Board, for a three-year term expiring at the 2022 AGM;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z5b289202b32145be86bef9edd39abe3a" cellpadding="0" cellspacing="0">

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              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The appointment of Ms. Lucia Morselli<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup>, in replacement of Mr. Salvatore
                    Manzi, as member of the Supervisory Board, for a three-year term expiring at the 2022 AGM;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z4d4a39910681404baadf264659a33b06" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The approval of the stock-based portion of the compensation and the special bonus of the President and CEO;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z95df4ca70f9b445696024f1d776e2e3b" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The authorization to the Managing Board, until the conclusion of the 2020 AGM, to repurchase shares, subject to the approval of the Supervisory Board;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z224fef1291194e42bf5f798dae8c7429" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The regular delegation to the Supervisory Board of the authority to issue new common and preference shares, to grant rights to subscribe for such shares, and
                    to limit and/or exclude existing shareholders&#8217; pre-emptive rights on common shares, until the conclusion of the 2020 AGM; and</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z7b96fa2bccbe46d2836e28c77425e7b6" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The specific delegation for purposes of mergers and acquisitions to the Supervisory Board of the authority to issue new common shares, to grant rights to
                    subscribe for such shares, and to limit and/or exclude existing shareholders&#8217; pre-emptive rights on common shares, until the conclusion of the 2020 AGM.</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; margin-left: 18pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup>&#160;<font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">On April 3, we announced that Ms.&#160;Claudia Bugno, who was initially proposed to become a new member of our Supervisory Board at our upcoming AGM scheduled for&#160;May 23, 2019,
          informed us that she was no longer available for appointment to our Supervisory Board.&#160;Since April 3, we considered various alternatives, including whether or not to propose a different candidate for appointment as a new member of our Supervisory
          Board, in order to serve instead of Ms. Bugno. We subsequently announced, on April 9, that our Supervisory Board resolved to propose Ms. Lucia Morselli for appointment to our Supervisory Board at the 2019 AGM.</font></font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">5</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Results of Operations</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Segment Information</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We design, develop, manufacture and market a broad range of products, including discrete and standard commodity
        components, application-specific integrated circuits, full-custom devices and semi-custom devices and application-specific standard products for analog, digital and mixed-signal applications. In addition, we further participate in the manufacturing
        value chain of Smartcard products, which includes the production and sale of both silicon chips and Smartcards.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our reportable segments are as follows:</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z9116d443bfcb40638889e7920c774619" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Automotive</font>&#160;<font style="font-size: 10pt; font-family:
                      'Times New Roman', Times, serif; font-style: italic;">and</font>&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Discrete</font>&#160;<font style="font-size: 10pt; font-family: 'Times New
                      Roman', Times, serif; font-style: italic;">Group</font>&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">(ADG)</font>, comprised of dedicated automotive ICs (both digital and analog),
                    and discrete and power transistor products for all market segments.</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z315a4ed84e76468bb1dbde4f995ba709" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Analog, MEMS</font>&#160;<font style="font-size: 10pt;
                      font-family: 'Times New Roman', Times, serif; font-style: italic;">and Sensors Group</font>&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">(AMS)</font>, comprised of low-power high-end
                    analog ICs (both custom and general purpose) for all markets, smart power products for Industrial, Computer and Consumer markets, Touch Screen Controllers, Low Power Connectivity solutions (both wireline and wireless) for IoT, power
                    conversion products, metering solutions for Smart Grid and all MEMS products for sensors or actuators, subsystems, as well as the Imaging Products division (including the sensors and modules utilizing the Company&#8217;s Time-of-Flight
                    technology).</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z93763f28a5d44a92a82afa4162a8126b" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Microcontrollers</font>&#160;<font style="font-size: 10pt;
                      font-family: 'Times New Roman', Times, serif; font-style: italic;">and</font>&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Digital</font>&#160;<font style="font-size: 10pt; font-family:
                      'Times New Roman', Times, serif; font-style: italic;">ICs</font>&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Group</font>&#160;<font style="font-size: 10pt; font-family: 'Times New
                      Roman', Times, serif; font-style: italic;">(MDG)</font>, comprised of general purpose and secure microcontrollers, EEPROM memories, Digital ASICs, Aerospace &amp; Defense products including components for microwave and millimeter
                    wave.</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For the computation of the segments&#8217; internal financial measurements, we use certain internal rules of allocation for the
        costs not directly chargeable to the segments, including cost of sales, selling, general and administrative expenses and a part of research and development expenses. In compliance with our internal policies, certain costs are not allocated to the
        segments, but reported in &#8220;Others&#8221;. Those include impairment, restructuring charges and other related closure costs, management reorganization expenses, unused capacity charges, phase-out and start-up costs of certain manufacturing facilities,
        certain one-time corporate items, strategic and special research and development programs or other corporate-sponsored initiatives, including certain corporate-level operating expenses, patent claims and litigations and certain other miscellaneous
        charges. In addition, depreciation and amortization expense is part of the manufacturing costs allocated to the segments and is neither identified as part of the inventory variation nor as part of the unused capacity charges; therefore, it cannot
        be isolated in the costs of goods sold. Finally, R&amp;D grants are allocated to the our segments proportionally to the incurred R&amp;D expenses on the sponsored projects.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Wafer costs are allocated to the segments based on actual cost. From time to time, with respect to specific technologies,
        wafer costs are allocated to segments based on market price.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">6</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">First Quarter 2019 vs. Fourth Quarter 2018 and First Quarter 2018</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth certain financial data from our Unaudited Interim Consolidated Statements of Income:</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net revenues&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(60.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1,338</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(60.1</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Gross profit&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">818</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">39.4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1,059</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">40.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">888</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">39.9</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Selling, general and administrative&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(272</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(13.1</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(285</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(10.8</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(265</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(11.9</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Research and development&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(368</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(17.7</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(345</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(13.0</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(349</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(15.7</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other income and expenses, net&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">33</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.6</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">16</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.6</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">16</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.7</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Impairment, restructuring charges and other related closure costs</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(21</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td style="vertical-align: bottom; width: 22%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Operating income&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">211</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">443</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">269</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(3</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(0.1</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Income (loss) on equity-method investments&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.1</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.2</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Loss on financial instruments, net&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">17.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">263</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">11.8</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Income tax expense&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1.6</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(28</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1.2</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(22</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net income&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">179</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.6</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">419</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">15.8</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">241</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">10.8</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income attributable to noncontrolling interest&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="line-height: 1.25;"></font></div>
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(0.1</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net income attributable to parent company&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">%</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">418</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">239</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net sales&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,071</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,633</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,214</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(6.4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: justify; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other revenues&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">15</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(68.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(62.3</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net revenues&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,076</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,648</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,226</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(21.6</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
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      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">7</font></div>
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    <div style="line-height: 1.25">&#160;</div>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">% Variation</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; padding-bottom: 2px; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sequential</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Year-over-Year</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Automotive and Discrete Group (ADG)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">903</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">967</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">817</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(6.6</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: justify; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Analog, MEMS and Sensors Group (AMS)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">552</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">988</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">655</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(44.1</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(15.7</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Microcontrollers and Digital ICs Group (MDG)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">617</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">689</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">750</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(10.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(17.7</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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            <div style="text-align: justify; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Others&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,648</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,226</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On a sequential basis, ADG revenues decreased 6.6%. The decrease in ADG revenues was driven by lower volumes of
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        to lower volumes of approximately 24% and an approximate 20% decrease in average selling prices, mainly due to a less favorable product mix. MDG revenues decreased 10.5%, due to an approximate 20% decrease in volumes, partially offset by an
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On a year-over-year basis, first quarter net revenues decreased by 6.7%, mainly driven by lower revenues in AMS and MDG,
        while ADG revenues increased by 10.5% with both Power Discrete and Automotive contributing. AMS revenues decreased 15.7% compared to the year-ago period mainly driven by lower sales in Imaging and in Analog. The decrease was mainly due to lower
        volumes of approximately 4% and to a less favorable product mix resulting in lower average selling prices of approximately 11%. MDG revenues decreased 17.7% mainly driven by MMS. The decrease in MDG revenues was mainly driven by lower volumes. ADG
        revenues increased 10.5% compared to the year-ago period. The increase was entirely due to higher average selling prices of approximately 34%, driven by a more favorable product mix, while volumes decreased by approximately 24%.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Net Revenues by Market Channel <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
    <div style="line-height: 1.25">&#160;</div>
    <table id="z78eddb047aa84288a5375d7bbc4b8357" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 64%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 64%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 64%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 64%; background-color: #CCEEFF;" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">OEM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">69</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
          </td>
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        <tr>
          <td style="vertical-align: bottom; width: 64%; background-color: #FFFFFF;" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Distribution&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">31</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 64%; background-color: #CCEEFF;" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">%</font></div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">____________</font></div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
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            <tr>
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              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">Original Equipment Manufacturers (&#8220;OEM&#8221;) are the end-customers to which we provide direct marketing application engineering support, while Distribution
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              </td>
            </tr>

        </table>
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    </div>
    <div style="line-height: 1.25">&#160;</div>
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Net Revenues by Location of Shipment <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td rowspan="1" colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">% Variation</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sequential</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="14" style="vertical-align: bottom;" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">EMEA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">620</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">617</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">613</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.2</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Americas&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">347</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">342</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">293</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18.3</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Asia Pacific&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,109</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,689</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,320</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(34.3</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(16.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,076</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,648</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,226</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
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              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">Net revenues by location of shipment are classified by location of customer invoiced or reclassified by shipment destination in line with customer demand. For
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              </td>
            </tr>

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    <div style="line-height: 1.25">&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">8</font></div>
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    <div style="line-height: 1.25">&#160;</div>
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    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Variation</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sequential</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Year-Over-Year</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom;" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Gross profit&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">818</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,059</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">888</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
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          <td style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 35%;" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Gross margin (as percentage of net revenues)</font></div>
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          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; background-color: rgb(255, 255, 255); width: 10%;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39.4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; background-color: rgb(255, 255, 255); width: 10%;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40.0</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; background-color: rgb(255, 255, 255); width: 10%;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39.9</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: right; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-60bps</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: right; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-50bps</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the first quarter of 2019, gross margin was 39.4%, 40 basis points above the mid-point of our guidance, mainly due to
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On a year-over-year basis, gross margin decreased by 50 basis points, mainly impacted by sales price pressure including
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Operating expenses</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <table id="zfa672b1036dc4be8a90764a26a14f5a9" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Variation</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sequential</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Year-Over-Year</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Selling, general and administrative expenses</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(272</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(285</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
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        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Research and development expenses</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(345</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 35%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total operating expenses&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(640</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(630</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(614</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)%</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 35%;" valign="bottom">
            <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As percentage of net revenues&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; background-color: rgb(255, 255, 255); width: 10%;" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; background-color: rgb(255, 255, 255); width: 10%;" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; background-color: rgb(255, 255, 255); width: 10%;" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: right; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-700bps</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: right; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-320bps</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The first quarter 2019 operating expenses were $640 million compared to $630 million in the fourth quarter of 2018. On a
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As a percentage of revenues, our operating expenses amounted to 30.8% in the first quarter of 2019, increasing
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">R&amp;D expenses were net of research tax credits in France and Italy, which amounted to $32 million in the first quarter
        of 2019, compared to $39 million and $33 million in the prior and year-ago quarters, respectively.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Other income and expenses, net</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <table id="zc45f08ec9cbc45aeb578278dfc87d2ed" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: top;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Research and development funding&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">19</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
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          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Other income and expenses,
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">16</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Impairment, restructuring charges and other related
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(21</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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        costs, related to the impairment of acquired technologies, for which it was determined that they had no future alternative use. In the first quarter of 2018, we recorded $21 million of impairment, restructuring charges and other related closure
        costs, entirely related to the set-top box plan which is now substantially completed in all locations.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Operating income</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <table id="z38800732a24f49a99325e8aab7b744fa" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: top; width: 61%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
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          <td style="vertical-align: top; width: 61%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: top;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Operating income&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">211</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">443</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">269</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: top; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As percentage of net revenues&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The first quarter of 2019 operating income was $211 million, compared to an operating income of $443 million and $269
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    <div style="line-height: 1.25">&#160;</div>
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Operating income by product group</font></div>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 22%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="22" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 22%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 22%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$ million</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">% of net revenues</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$ million</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">% of net revenues</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" rowspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" rowspan="1" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$ million</font></div>
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          <td colspan="1" rowspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" rowspan="1" style="text-align: center; vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" rowspan="1" style="vertical-align: top; text-align: center; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom"> <font style="font-size: 8pt; font-family: &amp;quot; font-weight: bold;">% of net revenues</font></td>
          <td colspan="1" rowspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Automotive and Discrete Group (ADG)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">141</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">90</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></div>
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          <td style="vertical-align: bottom; width: 22%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Analog, MEMS and Sensors Group (AMS)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">43</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.8</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">202</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">64</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9.8</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Microcontrollers and Digital ICs Group (MDG)<br>
              </font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">83</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13.4</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">122</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">17.7</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">146</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">19.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Total operating income of product segments</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">221</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">10.7</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">465</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">17.6</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">300</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">13.5</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 22%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -9.35pt; margin-left: 9.35pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Others<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(10</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(22</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(31</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: middle; width: 22%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">211</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">10.2</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">%</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">443</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">12.1</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">____________</font></div>
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                <div><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">Operating results of &#8220;Others&#8221; include items such as unused capacity charges, impairment &amp; restructuring charges and other related closure costs, management
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      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">10</font></div>
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        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25; text-indent: 6pt;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Total operating income of product segments&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">221</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">465</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">300</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Impairment, restructuring charges and other related
                closure costs&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Unallocated manufacturing results&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Strategic and other research and development
                programs and other non-allocated provisions<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(23</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(12</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Total operating loss Others&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(10</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(22</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(31</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
        </tr>
        <tr>
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            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total consolidated operating
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">443</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">269</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>

    </table>
    <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">____________</font> </div>
    <div style="text-align: justify; line-height: 1.25;">
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                <div><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">Includes unallocated income and expenses such as certain corporate-level operating expenses and other costs/income that are not allocated to the product
                    segments.</font></div>
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Interest income (expense), net</font></div>
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    <table id="z4ccd442be8644aec91b38335ea223641" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25; text-indent: 6pt;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: top;" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Interest income (expense), net&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the first quarter of 2019, we recorded a net interest income of $2 million, improving sequentially and on a
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    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Interest expense recorded in the first quarters of 2019 and 2018 included a $9 million charge, non-cash, related to the
        senior unsecured convertible bonds issued on July 3, 2017. Interest expense recorded in the fourth quarter of 2018 included a $10 million charge, non-cash, related to the senior unsecured convertible bonds issued on July 3, 2017.</font></div>
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    <div style="line-height: 1.25">&#160;</div>
    <table id="zba4e9955e4d7426c8adf4691ef50ceed" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25; text-indent: 6pt;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: top;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Income tax expense&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(32</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(28</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(22</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">During the first quarter of 2019, we registered an income tax expense of $32 million, reflecting the estimated annual
        effective tax rate in each of our jurisdictions, applied to the first quarter of 2019 consolidated result before taxes.</font></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Net income attributable to parent company</font></div>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25; text-indent: 6pt;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: top;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income attributable to parent company&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">418</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">239</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10.7</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
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        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For the first quarter of 2019, we reported a net income attributable to parent company of $178&#160;million. The first quarter
        2019 net income represented diluted earnings per share of $0.20 compared to $0.46 in the prior quarter and $0.26 in the prior-year quarter.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">11</font></div>
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        <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Legal Proceedings</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For a discussion of legal proceedings, see Note 26 Contingencies, Claims and Legal Proceedings to our Interim Consolidated
        Financial Statements.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Impact of Changes in Exchange Rates</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our results of operations and financial condition can be significantly affected by material changes in the exchange rates
        between the U.S. dollar and other currencies, particularly the Euro.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As a market practice, the reference currency for the semiconductor industry is the U.S. dollar and the market prices of
        semiconductor products are mainly denominated in U.S. dollars. However, revenues for some of our products (primarily certain of our products sold in Europe) are quoted in currencies other than the U.S. dollar and as such are directly affected by
        fluctuations in the value of the U.S. dollar. As a result of currency variations, the appreciation of the Euro compared to the U.S. dollar could increase our level of revenues when reported in U.S. dollars or the depreciation of the Euro compared
        to the U.S. dollar could decrease our level of revenues when reported in U.S. dollars. Over time and depending on market conditions, the prices in the industry could align to the equivalent amount in U.S. dollars, except that there is a lag between
        the changes in the currency rate and the adjustment in the price paid in local currency, which is proportional to the amplitude of the currency swing, and such adjustment could be only partial and/or delayed, depending on market demand.
        Furthermore, certain significant costs incurred by us, such as manufacturing costs, SG&amp;A expenses, and R&amp;D expenses, are largely incurred in the currency of the jurisdictions in which our operations are located. Given that most of our
        operations are located in the Euro zone and other non-U.S. dollar currency areas, including Singapore, our costs tend to increase when translated into U.S. dollars when the U.S. dollar weakens or to decrease when the U.S. dollar strengthens.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our principal strategy to reduce the risks associated with exchange rate fluctuations has been to balance as much as
        possible the proportion of sales to our customers denominated in U.S. dollars with the amount of materials, purchases and services from our suppliers denominated in U.S. dollars, thereby reducing the potential exchange rate impact of certain
        variable costs relative to revenues. Moreover, in order to further reduce the exposure to U.S. dollar exchange fluctuations, we have hedged certain line items on our Interim Consolidated Statements of Income, in particular with respect to a portion
        of the costs of sales, most of the R&amp;D expenses and certain SG&amp;A expenses, located in the Euro zone, which we account for as cash flow hedging contracts. We use two different types of hedging contracts: forward and options (including
        collars).</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our Interim Consolidated Statements of Income for the three&#160;months ended March 30, 2019 included income and expense items
        translated at the average U.S. dollar exchange rate for the period, plus the impact of the hedging contracts expiring during the period. Our effective exchange rate was $1.16 for &#8364;1.00 in the first quarter of 2019 compared to $1.17 for &#8364;1.00 in the
        fourth quarter of 2018 and $1.18 for &#8364;1.00 in the first quarter of 2018. These effective exchange rates reflect the actual exchange rates combined with the impact of cash flow hedging contracts that matured in the period.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The time horizon of our cash flow hedging for manufacturing costs and operating expenses may run up to 24 months, for a
        limited percentage of our exposure to the Euro, depending on currency market circumstances. As of March 30, 2019, the outstanding hedged amounts were &#8364;722&#160;million to cover manufacturing costs and &#8364;451 million to cover operating expenses, both at an
        average exchange rate of about $1.20 for &#8364;1.00 (considering the collars at upper strike), maturing over the period from April 3, 2019 to June 30, 2020. As of March 30, 2019, measured with respect to the exchange rate at period closing of about
        $1.12 to &#8364;1.00, these outstanding hedging contracts and certain expiring contracts covering manufacturing expenses capitalized in inventory resulted in a deferred loss before tax of approximately $42 million, recorded in &#8220;Accumulated other
        comprehensive income (loss)&#8221; in the Consolidated Statements of Equity, compared to a deferred loss before tax of approximately $38&#160;million at December&#160;31, 2018.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We also hedge certain manufacturing costs denominated in Singapore dollars (SGD); as of March 30, 2019, the outstanding
        hedged amounts were SGD 163&#160;million at an average exchange rate of about SGD 1.35 to $1.00 maturing over the period from April 4, 2019 to February 27, 2020. As of March 30, 2019, these outstanding hedging contracts and certain expiring contracts
        covering manufacturing expenses capitalized in inventory resulted in a deferred gain before tax of less than $1&#160;million, recorded in &#8220;Accumulated other comprehensive income (loss)&#8221; in the Consolidated Statements of Equity, compared to a deferred
        loss before tax of approximately $1 million at December 31, 2018.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">12</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our cash flow hedging policy is not intended to cover our full exposure and is based on hedging a declining portion of our
        exposure in the next four quarters. In the first quarter of 2019, as a result of our cash flow hedging, we recorded a net loss of $23 million consisting of a loss of about $14 million to costs of goods sold, $7 million to research and development
        and $2 million in selling, general and administrative expenses, while in the comparable quarter in 2018, we recorded a net gain of $34 million.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In addition to our cash flow hedging, in order to mitigate potential exchange rate risks on our commercial transactions,
        we purchase and enter into forward foreign currency exchange contracts and currency options to cover foreign currency exposure in payables or receivables at our affiliates, which we account for as fair value instruments. We may in the future
        purchase or sell similar types of instruments. See &#8220;Item 11. Quantitative and Qualitative Disclosures About Market Risk&#8221; in our Form 20-F. Furthermore, we may not predict in a timely fashion the amount of future transactions in the volatile
        industry environment. No assurance may be given that our hedging activities will sufficiently protect us against declines in the value of the U.S. dollar. Consequently, our results of operations have been and may continue to be impacted by
        fluctuations in exchange rates. The net effect of our consolidated foreign exchange exposure resulted in a net gain of less than $1 million recorded in &#8220;Other income and expenses, net&#8221; in our Interim Consolidated Statements of Income for the first
        quarter of 2019.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The assets and liabilities of subsidiaries are, for consolidation purposes, translated into U.S. dollars at the period-end
        exchange rate. Income and expenses, as well as cash flows, are translated at the average exchange rate for the period. The balance sheet impact, as well as the income statement and cash flow impact, of such translations have been, and may be
        expected to be, significant from period to period since a large part of our assets and liabilities and activities are accounted for in Euros as they are located in jurisdictions where the Euro is the functional currency. Adjustments resulting from
        the translation are recorded directly in equity, and are shown as &#8220;Accumulated other comprehensive income (loss)&#8221; in the Consolidated Statements of Equity. At March 30, 2019, our outstanding indebtedness was denominated mainly in U.S. dollars and
        in Euros.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For a more detailed discussion, see Item&#160;3. &#8220;Key Information &#8212; Risk Factors &#8212; Risks Related to Our Operations&#8221; in our
        Form&#160;20-F, which may be updated from time to time in our public filings.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Impact of Changes in Interest Rates</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Interest rates may fluctuate upon changes in financial market conditions and material changes can affect our results of
        operations and financial condition, since these changes can impact the total interest income received on our cash and cash equivalents and marketable securities, as well as the total interest expense paid on our financial debt.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our interest income (expense), net, as reported in our Interim Consolidated Statements of Income, is the balance between
        interest income received from our cash and cash equivalents and marketable securities investments and interest expense paid on our financial liabilities, non-cash interest expense on the senior unsecured convertible bonds and bank fees (including
        fees on committed credit lines). Our interest income is dependent upon fluctuations in interest rates, mainly in U.S. dollars and Euros, since we invest primarily on a short-term basis; any increase or decrease in the market interest rates would
        mean a proportional increase or decrease in our interest income. Our interest expenses are also dependent upon fluctuations in interest rates, since our financial liabilities include European Investment Bank Floating Rate Loans at Libor and Euribor
        plus variable spreads.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At March 30, 2019, our total liquidity, including cash and cash equivalents, restricted cash and marketable securities
        generated an average interest income annual rate of 2.29%. At the same date, the average interest annual rate on our outstanding debt was 2.31% including the non-cash effective interest of the senior unsecured convertible bonds, while the average
        cash interest annual rate was only 0.46%.</font></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Impact of Changes in Equity Prices</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As of March 30, 2019, we did not hold any significant equity participations, which could be subject to a material impact
        in changes in equity prices. However, we hold equity participations whose carrying value could be reduced due to further losses or impairment charges of our equity-method investments. See Note 20 to our Consolidated Financial Statements.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">13</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Liquidity and Capital Resources</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Treasury activities are regulated by our policies, which define procedures, objectives and controls. Our policies focus on
        the management of our financial risk in terms of exposure to currency rates and interest rates. Most treasury activities are centralized, with any local treasury activities subject to oversight from our head treasury office. The majority of our
        cash and cash equivalents are held in U.S. dollars and Euros and are placed with financial institutions rated at least a single A long-term rating, meaning at least A3 from Moody&#8217;s Investors Service (&#8220;Moody&#8217;s&#8221;) and A- from Standard &amp; Poor&#8217;s
        (&#8220;S&amp;P&#8221;) or Fitch Ratings (&#8220;Fitch&#8221;). Marginal amounts are held in other currencies. See &#8220;Item 11. Quantitative and Qualitative Disclosures About Market Risk&#8221; in our Form&#160;20-F, which may be updated from time to time in our public filings.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Cash flow</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We maintain a significant cash position and a low debt-to-equity ratio, which provide us with adequate financial
        flexibility. As in the past, our cash management policy is to finance our investment needs mainly with net cash generated from operating activities.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">During the first three months of 2019, our net cash increased by $101&#160;million, due to the net cash from operating and
        financing activities exceeding the net cash used in investing activities.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The components of our cash flow for the comparable periods are set forth below:</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <table id="z149ec89dde834a70a60b253e52fa2353" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 74%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 74%;" valign="bottom">&#160;</td>
          <td colspan="1" rowspan="1" style="text-align: center; vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" rowspan="1" style="vertical-align: bottom; text-align: center; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom"><font style="font-size: 8pt; font-family: &amp;quot; font-weight: bold;">March 30, 2019</font></td>
          <td colspan="1" rowspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" rowspan="1" style="text-align: center; vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" rowspan="1" style="vertical-align: bottom; text-align: center; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2018</font>
            <br>
          </td>
          <td colspan="1" rowspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 74%;" valign="bottom">&#160;</td>
          <td colspan="1" rowspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" rowspan="1" style="vertical-align: top;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
          </td>
          <td colspan="1" rowspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 74%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net cash from operating activities&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">341</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">455</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 74%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net cash used in investing activities&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(408</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(374</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <tr>
          <td style="vertical-align: top; width: 74%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net cash from (used in) financing activities&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">173</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 74%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Effect of changes in exchange rates&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 74%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net cash increase&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">101</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">32</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Net cash from operating
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        decreasing compared to $455 million in the prior-year period mainly due to lower net income and negative change in the net working capital.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Net cash used in
          investing activities</font>. Investing activities used $408&#160;million of cash in the first three months of 2019 increasing compared to $374 million in the prior-year period after the net cash outflow of $76 million for the acquisition of 55% of
        Norstel&#8217;s share capital. Payments for purchase of tangible assets, net of proceeds, totaled $322 million, compared to $351&#160;million registered in the prior-year period.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Net cash from (used in)
          financing activities</font>. Net cash from financing activities was $173&#160;million for the first three months of 2019, compared to $54&#160;million used for the first three months of 2018, and consisted mainly of $281 million proceeds from long-term
        debt, $61 million repurchase of common stock and $54 million dividends paid to stockholders.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Free Cash Flow (non U.S. GAAP measure)</font></div>
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    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We also present Free Cash Flow, which is a non U.S. GAAP measure, defined as (i) net cash from operating activities plus
        (ii) net cash used in investing activities, excluding payment for purchase (and proceeds from sale) of marketable securities, and investment in short-term deposits. The result of this definition is ultimately net cash from operating activities plus
        payment for purchase (and proceeds from sale) of tangible, intangible and financial assets, proceeds received in the sale of businesses and cash paid for business acquisitions. We believe Free Cash Flow, a non U.S. GAAP measure, provides useful
        information for investors and management because it measures our capacity to generate cash from our operating and investing activities to sustain our operations. Free Cash Flow is not a U.S. GAAP measure and does not represent total cash flow since
        it does not include the cash flows generated by or used in financing activities. Free Cash Flow reconciles with the net cash increase (decrease) by including the payment for purchase (and proceeds from the sale) of marketable securities, the change
        in short-term deposits, the net cash from (used in) financing activities and the effect of changes in exchange rates. In addition, our definition of Free Cash Flow may differ from definitions used by other companies. Free Cash Flow is determined as
        follows from our Consolidated Statements of Cash Flows:</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">14</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
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        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 74%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="6" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Three Months Ended</font></div>
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; padding-bottom: 2px; width: 74%;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: center; vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; text-align: center; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom"><font style="font-size: 8pt; font-family: &amp;quot; font-weight: bold;">March 30, 2019</font></td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: center; vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; text-align: center; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom"><font style="font-size: 8pt; font-family: &amp;quot; font-weight: bold;">March 30, 2018</font></td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 74%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 74%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; margin-right: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net cash from operating activities&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">341</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">455</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 74%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; margin-right: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net cash used in investing activities&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(408</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(374</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 74%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; margin-right: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Excluding:</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 74%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; margin-right: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Payment for purchase and proceeds from sale of marketable securities, and investment in short
                term deposits</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 74%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; margin-right: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Payment for purchase and proceeds from sale of tangible and intangible
                assets <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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                <div><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">Reflects the total of the following line items reconciled with our Consolidated Statements of Cash Flows relating to the investing activities: Payment for
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        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="10" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> As at</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 30, 2019</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">December 31, 2018</font></div>
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          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">March 31, 2018</font></div>
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          <td style="vertical-align: top; width: 61%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$ <br>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</font></div>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,791</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Restricted cash&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">60</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Short-term deposits&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Marketable securities&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">331</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">330</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">429</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total Liquidity&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,698</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,596</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,234</font></div>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Short-term debt&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Long-term debt&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1,593</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(255, 255, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total financial debt&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(255, 255, 255);" valign="bottom">
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          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 61%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: left; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net Financial Position&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">510</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">$</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 10%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">522</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our Net Financial Position as of March 30, 2019 was $510 million, decreasing compared to $686 million at December 31,
        2018.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Cash and cash equivalents</font>
        amounted to $2,307 million as at March 30, 2019.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">15</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Marketable securities</font>
        amounted to $331 million as at March 30, 2019, and consisted of U.S. Treasury Bonds available for sale.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Financial debt</font> was
        $2,188&#160;million as at March 30, 2019, composed of (i) $173&#160;million of current portion of long-term debt and (ii)&#160;$2,015&#160;million of long-term debt. The breakdown of our total financial debt included (i)&#160;$846&#160;million in European Investment Bank
        (&#8220;EIB&#8221;) loans, (ii) $1,325 million in the senior unsecured convertible bonds, and (iii)&#160;$17&#160;million in other long-term loans and loans from other funding programs.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The EIB Loans are comprised of three long-term amortizing credit facilities as part of our R&amp;D funding programs. The
        first, signed in 2010, is a &#8364;350 million multi-currency loan to support our industrial and R&amp;D programs. It was drawn mainly in U.S. dollars for an amount of $321 million and only partially in Euros for an amount of &#8364;100 million, of which $108
        million remained outstanding as of March 30, 2019. The second, signed in 2013, is a &#8364;350 million multi-currency loan which also supports our R&amp;D programs. It was drawn in U.S. dollars for an amount of $471 million, of which $176 million is
        outstanding as of March 30, 2019. The third, signed in August 2017, is a &#8364;500 million loan, in relation to R&amp;D and capital expenditure investments in the European Union. It was fully drawn in Euros corresponding to $562 million outstanding as
        of March 30, 2019.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On July 3, 2017, we issued a $1.5 billion offering of senior unsecured bonds convertible into new or existing ordinary
        shares of ST, for net proceeds of $1,502 million. The bonds were issued in two $750 million principal amount tranches, one with a maturity of 5 years (37.5% conversion premium, negative 0.25% yield to maturity, 0% coupon) and the other 7 years
        (37.5% conversion premium, 0.25% yield to maturity, 0.25% coupon). The conversion price at issuance was $20.54 on each tranche. The senior unsecured convertible bonds are convertible by the bondholders or callable by us, following a given time
        schedule, if certain conditions are satisfied. Under the terms of the bonds, we can satisfy the conversion rights either in cash or shares, or a combination of the two, at our selection. Assuming the exercise of the Issuer Soft Call at 130% of the
        Conversion Price after the initial lock-up period, the underlying shares under net shares settlement will be 16.9 million. Net proceeds from the issuance of the bonds of $1,502 million were used for general corporate purposes, including the early
        redemption of the outstanding $1 billion convertible bonds due 2019 and 2021, completed in the second half of 2017. Upon initial recognition, the proceeds were allocated between debt and equity by determining the fair value of the liability
        component using an income approach.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our long-term debt contains standard conditions, but does not impose minimum financial ratios.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our current ratings with the three major rating agencies that report on us on a solicited basis, are as follows: S&amp;P:
        &#8220;BBB&#8221; with stable outlook; Moody&#8217;s: &#8220;Baa3&#8221; with stable outlook; Fitch: &#8220;BBB&#8221; with stable outlook.</font></div>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 16%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="26" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Payments Due by Period</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; padding-bottom: 2px; width: 16%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2019</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2020</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2021</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2022</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2023</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Thereafter</font></div>
            </div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; width: 16%;" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td colspan="26" style="vertical-align: top;" valign="bottom">
            <div style="text-align: center; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(In millions)</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 16%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="text-align: justify; text-indent: -5.05pt; margin-right: 5.05pt; margin-left: 5.05pt; line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">Long-term debt (including current portion)</font></div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$</td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">2,363</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$<br>
          </td>
          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">145</font></div>
          </td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$<br>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$<br>
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          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$<br>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$<br>
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          <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
            <div style="line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">59</font></div>
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          <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
          <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">$<br>
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            <div style="line-height: 1.25;"><font style="font-size: 8pt; font-family: 'Times New Roman', Times, serif;">1,059</font></div>
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    </div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Financial Outlook: Capital Investment</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our policy is to modulate our capital spending according to the evolution of the semiconductor market. Based on current
        market visibility and the combination of new products, customer demand in the second half of 2019 and ongoing strategic initiatives, we are moderating our capital investment in 2019 to a range of approximately $1.1 billion to $1.2 billion, from
        $1.2 to $1.3 billion initially communicated. A portion of this capital expenditure will be devoted to support three strategic initiatives: i) in Agrate Italy the start of the construction of a new 300mm fab to support next generation mixed signal,
        IGBT and power products; ii) the expansion of the installed capacity in SiC both in front-end and back-end and the start-up of production of GaN technology in Catania 150mm and Tours 200mm and iii) next generation Image sensor technology. In
        addition to our strategic initiatives, our main capital investment in front-end is in i) our 300mm fab in Crolles, expanding capacity optimizing existing infrastructure to support production ramp up on our main runner technologies; ii) mix
        evolution, and a few selected programs of capacity growth and infrastructure preparation, mainly in the area of mixed signal and discrete processes; and iii) capacity increase of Power MOS technology in 200mm in Singapore by the progressive
        integration of the former Micron fab in Singapore. The most important 2019 capital investment for our back-end facilities are expected to be: (i) capacity growth on certain package families, including the SiC technology, next generation Imaging
        sensor technologies and new products for Automotive and Industrial, to sustain market demand; (ii) modernization and rationalization of package lines targeting cost savings benefits; and (iii) specific investments in the areas of factory
        automation, quality, environment and energy savings. In addition, we will invest in overall capacity adjustment in final testing and wafers probing (EWS) to meet increased demand and a changed product mix as well as invest in quality, safety,
        maintenance, productivity and cost savings in both 150mm, 200mm front-end fabs and back-end plants.</font></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We will continue to invest to support revenues growth and new products introduction, taking into consideration factors
        such as trends in the semiconductor industry and capacity utilization. We expect to need significant financial resources in the coming&#160;years for capital expenditures and for our investments in manufacturing and R&amp;D. We plan to fund our capital
        requirements from cash provided by operating activities, available funds and support from third&#160;parties, and may have recourse to borrowings under available credit lines and, to the extent necessary or attractive based on market conditions
        prevailing at the time, the issuance of debt, convertible bonds or additional equity securities. A substantial deterioration of our economic results, and consequently of our profitability, could generate a deterioration of the cash generated by our
        operating activities. Therefore, there can be no assurance that, in future periods, we will generate the same level of cash as in prior&#160;years to fund our capital expenditure plans for expanding/upgrading our production facilities, our working
        capital requirements, our R&amp;D and manufacturing costs.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As a result of our exit from the ST-Ericsson joint venture, our exposure is limited to covering 50% of ST-Ericsson&#8217;s needs
        to complete the wind-down, which are estimated to be negligible, based on our current visibility of the ST-Ericsson liquidation balance.</font></div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
      </font></div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We believe that we have the financial resources needed to meet our currently projected business requirements for the next
        twelve&#160;months, including capital expenditures for our manufacturing activities, working capital requirements, approved dividend payments and the repayment of our debts in line with their maturity dates.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Contractual Obligations, Commercial Commitments and Contingencies</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our contractual obligations, commercial commitments and contingencies are mainly comprised of: long term purchase
        commitments for material, equipment and software license, agreement to purchase the Singapore fab from Micron technologies, take or pay type of agreements to outsource wafers from foundries, commercial agreements with customers, long term debt
        obligations, pension obligations and other long term liabilities.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Off-Balance Sheet Arrangements</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We had no material off-balance sheet arrangements at March 30, 2019.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Impact of Recently Issued U.S. Accounting Standards</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">See Note 5 Recent Accounting Pronouncements to our Consolidated Financial Statements.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Backlog and Customers</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">During the first quarter of 2019, our booking plus net frames orders decreased compared to the fourth quarter of 2018. We
        entered the second quarter 2019 with a backlog lower than the level we had when entering in the first quarter 2019. Backlog (including frame orders) is subject to possible cancellation, push back and lower ratio of frame orders being translated
        into firm orders and, thus, it is not necessarily indicative of the amount of billings or growth to be registered in subsequent periods.</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">There is no guarantee that any customer will continue to generate revenues for us at the same levels as in prior periods.
        If we were to lose one or more of our key customers, or if they were to significantly reduce their bookings, not confirm planned delivery dates on frame orders in a significant manner or fail to meet their payment obligations, our operating results
        and financial condition could be adversely affected.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Disclosure Controls and Procedures</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Evaluation</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Our management, including the CEO and CFO, performed an evaluation of the effectiveness of the design and operation of our
        disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934 (&#8220;Disclosure Controls&#8221;) as of the end of the period covered by this report. Disclosure Controls are controls and procedures
        designed to reasonably assure that information required to be disclosed in our reports filed under the Securities and Exchange Act of 1934, such as this periodic report, is recorded, processed, summarized and reported within the time periods
        specified in the SEC&#8217;s rules and forms. Disclosure Controls are also designed to reasonably assure that such information is accumulated and communicated to our management, including the CEO and CFO, as appropriate to allow timely decisions
        regarding required disclosure. Our quarterly evaluation of Disclosure Controls includes an evaluation of certain components of our internal control over financial reporting, and internal control over financial reporting is also separately evaluated
        on an annual basis.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">17</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The evaluation of our Disclosure Controls included a review of the controls&#8217; objectives and design, our implementation of
        the controls and their effect on the information generated for use in this periodic report. In the course of the controls evaluation, we reviewed identified data errors, errors in process flow or delay in communication, control problems or acts of
        fraud and sought to confirm that appropriate corrective actions, including process improvements, were being undertaken. This type of evaluation is performed at least on a quarterly basis so that the conclusions of management, including the CEO and
        CFO, concerning the effectiveness of the Disclosure Controls can be reported in our periodic reports on Form&#160;6-K and Form&#160;20-F. The components of our Disclosure Controls are also evaluated on an ongoing basis by our Internal Audit Department, which
        reports directly to our Audit Committee. The overall goals of these various evaluation activities are to monitor our Disclosure Controls, and to modify them as necessary. Our intent is to maintain the Disclosure Controls as dynamic systems that
        change as conditions warrant.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Based upon the controls evaluation, our CEO and CFO have concluded that, as of the end of the period covered by this
        periodic report, our Disclosure Controls were effective.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Changes in Internal Control over Financial Reporting</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">There were no changes to our internal control over financial reporting that occurred during the period covered by this
        report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Limitations on Effectiveness of Controls</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No system of internal control over financial reporting, including one determined to be effective, may prevent or detect
        all misstatements. It can provide only reasonable assurance regarding financial statement preparation and presentation. Also, projections of the results of any evaluation of the effectiveness of internal control over financial reporting into future
        periods are subject to inherent risk that the relevant controls may become inadequate due to changes in circumstances or that the degree of compliance with the underlying policies or procedures may deteriorate.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Other Reviews</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We have sent this report to our Audit Committee, which had an opportunity to raise questions with our management and
        independent auditors before we submitted it to the Securities and Exchange Commission.</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Cautionary Note Regarding Forward-Looking Statements</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Some of the statements contained in this Form&#160;6-K that are not historical facts, particularly in &#8220;Business Overview&#8221; and
        in &#8220;Liquidity and Capital Resources&#8212;Financial Outlook: Capital Investment&#8221;, are statements of future expectations and other forward-looking statements (within the meaning of Section&#160;27A of the Securities Act of 1933 or Section&#160;21E of the Securities
        Exchange Act of 1934, each as amended) that are based on management&#8217;s current views and assumptions, and are conditioned upon and also involve known and unknown risks and uncertainties that could cause actual results, performance or events to
        differ materially from those anticipated by such statements due to, among other factors:</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="ze3df76cc4f3443fb92e774c778a3f3f5" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Changes in global trade policies, including the adoption and expansion of tariffs and trade barriers, that could affect the macro-economic environment and
                    adversely impact the demand for our products;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z4343f238ce734c9faca35cbc8c256d1c" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Uncertain macro-economic and industry trends, which may impact end-market demand for our products;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: normal; font-style: normal;">18</font></div>
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        <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
    </div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zc17e2aebc15e459b97405cdadd439a31" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Customer demand that differs from projections;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z021214c8c2b3467f81ad3dd084eeafe6" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
              </td>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The ability to design, manufacture and sell innovative products in a rapidly changing technological environment;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z0688ce7920e944d78543b261b1478a5b" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Changes in economic, social, labor, political, or infrastructure conditions in the locations where we, our customers, or our suppliers operate, including as a
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              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z39ce26e9796c48eeb1ccb797a81f04f6" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
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                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Unanticipated events or circumstances, which may impact our ability to execute our plans and/or meet the objectives of our R&amp;D and manufacturing programs,
                    which benefit from public funding;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z7fbd8d386741417f9254ae71402c4cc8" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: Times New Roman">&#9679;</font></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Brexit vote and the perceptions as to the impact of the withdrawal of the U.K. may adversely affect business activity, political stability and economic
                    conditions in the U.K., the Eurozone, the EU and elsewhere. While we do not have material operations in the U.K. and have not experienced any material impact from Brexit on our underlying business to date, we cannot predict its future
                    implications;</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">
      <div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zb695084a81494dd6a7606cea9bc30341" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 36pt;"><br>
              </td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: #000000 solid 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: #000000 solid 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">Net revenues</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; padding-bottom: 2px; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Cost of sales</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(1,338</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td style="vertical-align: top; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">Gross profit</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">888</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Selling, general and administrative</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(265</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td style="vertical-align: top; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Research and development</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(368</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(349</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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            <tr>
              <td style="vertical-align: top; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Other income and expenses, net</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">33</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">16</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td rowspan="1" style="vertical-align: top; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Impairment, restructuring charges and other related closure costs</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">-</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(21</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
              </td>
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              <td style="vertical-align: top; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">Operating income</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">211</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">269</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Interest income (expense), net</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">2</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(3</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td style="vertical-align: top; width: 76%; background-color: #FFFFFF;" valign="bottom">
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(3</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">179</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">Net income attributable to noncontrolling interest</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(2</font></div>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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                <div style="text-align: left;"><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">Net income attributable to parent company</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">178</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">239</font></div>
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              <td style="vertical-align: top; width: 76%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td rowspan="1" style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">0.27</font></div>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">0.20</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000;">0.26</font></div>
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              <td style="vertical-align: top; width: 76%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000;">The accompanying notes are an integral part of these audited consolidated financial statements</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div>&#160;</div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div style="text-align: left; color: rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">STMicroelectronics N.V.</div>
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              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: #000000 solid 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: #000000 solid 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(35</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">49</font></div>
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                <div style="text-align: left;"><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">&#160;&#160;&#160;&#160;Foreign currency translation adjustments</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">(35</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">1</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div><font style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; color: #000000;">20</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div style="text-align: left; color: rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">STMicroelectronics N.V.</div>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 156, 226);">CONSOLIDATED BALANCE SHEETS</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%;" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Restricted cash</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Marketable securities</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">331</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">330</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Trade accounts receivable, net</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">1,102</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">1,277</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Inventories</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">1,765</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">1,562</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Other current assets</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">454</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">419</font></div>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">Total current assets</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">5,854</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Goodwill</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">163</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">121</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Other intangible assets, net</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">291</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">212</font></div>
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                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Property, plant and equipment, net</font></div>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">3,495</font></div>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Non-current deferred tax assets</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">659</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Long-term investments</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">62</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">61</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Other non-current assets</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">455</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">452</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">5,370</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">5,013</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">Total assets</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">11,389</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">10,867</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">Liabilities and equity</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">Current liabilities:</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Short-term debt</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">173</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">146</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Trade accounts payable</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">895</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">981</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Other payables and accrued liabilities</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">950</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">874</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Dividends payable to stockholders</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">6</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">60</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Accrued income tax</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">44</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">59</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">Total current liabilities</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">2,068</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Other long-term liabilities</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">298</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">160</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">2,323</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">Total liabilities</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">4,776</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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                <div><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">4,443</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Commitment and contingencies</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #CCEEFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; font-weight: bold; color: rgb(0, 0, 0);">Equity</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">1,157</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">1,157</font></div>
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              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; font-size: 10pt; width: 76%; background-color: #FFFFFF;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">Capital surplus</font></div>
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              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">2,881</font></div>
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                <div style="text-align: left;"><font style="font-family: &amp;quot; color: rgb(0, 0, 0);">The accompanying notes are an integral part of these audited consolidated financial statements</font></div>
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                  <div style="text-align: left; color: rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">STMicroelectronics N.V.</div>
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                <td style="width: 11.8%; vertical-align: top;">&#160;</td>
                <td style="width: 11.8%; vertical-align: top;">&#160;</td>
                <td style="width: 14.6%; vertical-align: top;">&#160;</td>
                <td style="width: 14.6%; vertical-align: top;">&#160;</td>
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                  <div style="text-align: left;"><font style="font-size: 16pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #009CE2;">CONSOLIDATED STATEMENTS OF CASH FLOWS</font></div>
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                  <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);"> Three Months Ended</font></div>
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                <td style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;&#160;&#160;</td>
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                  <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">(Unaudited)</font></div>
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                  <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">(Unaudited)</font></div>
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                  <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">March 30,</font></div>
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                  <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">March 31,</font></div>
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                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">In million of U.S. dollars</font></div>
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                  <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">2019</font></div>
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                  <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">2018</font></div>
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                <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;" valign="bottom">&#160;</td>
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                <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Net income</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">179</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">241</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Depreciation and amortization</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">206</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">185</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">9</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">9</font></div>
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                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Non-cash stock-based compensation</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">38</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">25</font></div>
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                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Other non-cash items</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(26</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(29</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Deferred income tax</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">13</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">11</font></div>
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                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(Income) loss on equity-method investments</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(1</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">-</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(6</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <tr>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">174</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">106</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 6%; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Inventories</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(215</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
                </td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(84</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 6%; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Trade payables</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(14</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">3</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 6%; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(16</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(14</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <tr>
                <td colspan="1" style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Net cash from operating activities</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">341</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">455</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              </tr>
              <tr>
                <td style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Cash flows from investing activities:</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Payment for purchase of tangible assets</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(322</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(351</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
                </td>
              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Investment in short-term deposits</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">-</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(14</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
                </td>
              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Payment for purchase of intangible assets</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(10</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
                </td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(9</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 2%; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">&#160; Payment for business acquisitions, net of cash and cash equivalents acquired</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">)</font></div>
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                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">(374</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">)</font></div>
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                <td style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Proceeds from long-term debt</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">281</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">-</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Repurchase of common stock</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(61</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">-</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Dividends paid to stockholders</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(54</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(54</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Proceeds from noncontrolling interests</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">7</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">-</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Net cash from (used in) financing activities</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">173</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">(54</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">)</font></div>
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              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; padding-left: 3%; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Effect of changes in exchange rates</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(5</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">5</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              </tr>
              <tr>
                <td colspan="1" style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Net cash increase</font></div>
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                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">101</font></div>
                </td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">&#160;</td>
                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
                <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                  <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">32</font></div>
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                <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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              <tr>
                <td colspan="1" style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255); font-size: 10pt; padding-bottom: 2px;" valign="bottom">
                  <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Cash, cash equivalents and restricted cash at beginning of the period</font></div>
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              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
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                <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Stock</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <div style="text-align: center;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Interest</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Balance as of December 31, 2017 (Audited)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">2,718</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">(132</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">973</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">688</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">63</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">5,467</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 16%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Repurchase of common stock</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(62</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(62</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <td style="vertical-align: top; width: 16%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Stock-based compensation expense</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">125</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">53</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(53</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">6</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">1,293</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td style="vertical-align: top; width: 16%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">&#160;&#160;Other comprehensive income (loss), net of tax</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(179</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(179</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <td style="vertical-align: top; width: 16%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Comprehensive income (loss)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">1,114</font></div>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Dividends to noncontrolling interest</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(4</font></div>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Dividends, $0.24 per share</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(216</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(216</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">Balance as of December 31, 2018 (Audited)</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">2,843</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">(141</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">)</font></div>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">1,991</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">509</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">65</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; color: rgb(0, 0, 0);">6,424</font></div>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Contribution of noncontrolling interest</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">7</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">7</font></div>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Business combination</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">61</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">61</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; width: 16%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Repurchase of common stock</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(61</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">(61</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">)</font></div>
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              <td style="vertical-align: top; width: 16%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Stock-based compensation expense</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">38</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">38</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; width: 16%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">Comprehensive income (loss):</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <tr>
              <td style="vertical-align: top; width: 16%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">&#160;&#160;Net income</font></div>
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              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">
                <div><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">178</font></div>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); font-size: 10pt;" valign="bottom">&#160;</td>
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                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; color: rgb(0, 0, 0);">The accompanying notes are an integral part of these audited consolidated financial statements</font></div>
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      <div style="text-align: center; color: rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; font-size: 14pt; font-weight: bold;">STMicroelectronics N.V.</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 14pt; font-weight: bold; color: rgb(0, 0, 0);">Notes to Interim Consolidated Financial Statements (Unaudited)</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">1.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">The Company</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">STMicroelectronics N.V. (the &#8220;Company&#8221;) is registered in The Netherlands with its corporate legal seat in Amsterdam, the
          Netherlands, and its corporate headquarters located in Geneva, Switzerland.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company is a global independent semiconductor company that designs, develops, manufactures and markets a broad range
          of products, including discrete and standard commodity components, application-specific integrated circuits (&#8220;ASICs&#8221;), full custom devices and semi-custom devices and application-specific standard products (&#8220;ASSPs&#8221;) for analog, digital and
          mixed-signal applications. In addition, the Company participates in the manufacturing value chain of smartcard products, which includes the production and sale of both silicon chips and smartcards.</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">2.</font></td>
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                  <div><font style="font-size: 12pt; font-weight: bold;">Fiscal Year</font></div>
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      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company&#8217;s fiscal year ends on December 31. Interim periods are established for accounting purposes on a thirteen-week
          basis.</font></div>
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      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company&#8217;s first quarter ended on March 30, 2019, its second quarter will end on June 29, its third quarter will end on
          September 28 and its fourth quarter will end on December 31.</font></div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">3.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Basis of Presentation</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The accompanying Unaudited Interim Consolidated Financial Statements of the Company have been prepared in conformity with
          accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;), consistent in all material respects with those applied for the year ended December 31, 2018, except for the effects of adopting new accounting guidance
          effective on January 1, 2019, as described in Note 5. The interim financial information is unaudited but reflects all normal adjustments which are, in the opinion of management, necessary to provide a fair statement of results for the periods
          presented. The results of operations for the interim period are not necessarily indicative of the results to be expected for the entire year.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">All balances and values in the current and prior periods are in millions of U.S. dollars, except shares and per-share
          amounts.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The accompanying Unaudited Interim Consolidated Financial Statements do not include certain footnotes and financial
          presentation normally required on an annual basis under U.S. GAAP. Therefore, these interim financial statements should be read in conjunction with the Consolidated Financial Statements in the Company&#8217;s Annual Report on Form 20-F for the year
          ended December&#160;31, 2018, as filed with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) on February 28, 2019. However, they include mandatory disclosures required by accounting pronouncements effective on January 1, 2019, as further
          described in Note 5.</font></div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">4.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Use of Estimates</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and
          assumptions. The primary areas that require significant estimates and judgments by management include, but are not limited to:</font></div>
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                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">sales returns and allowances,</font></div>
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                <td style="width: 15.75pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">inventory obsolescence reserves and normal manufacturing capacity thresholds to determine costs capitalized in inventory,</font></div>
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                <td style="width: 15.75pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">recognition and measurement of loss contingencies,</font></div>
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                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">valuation at fair value of assets acquired or sold, including intangibles, goodwill, investments and tangible assets,</font></div>
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                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">measurement of right-of-use assets and financial liabilities related to the accounting for lease arrangements,</font></div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">annual and trigger-based impairment review of goodwill and intangible assets, as well as the assessment, in each reporting period, of events, which could trigger impairment testing
                      on long-lived assets,</font></div>
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      <div style="text-align: justify;">
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">assessment of other-than-temporary impairment charges on financial assets, including equity-method investments,</font></div>
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      <div style="text-align: justify;">
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">recognition and measurement of restructuring charges and other related exit costs,</font></div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">assumptions used in assessing the number of awards expected to vest on stock-based compensation plans,</font></div>
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      <div style="text-align: justify;">
        <div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">assumptions used in calculating pension obligations and other long-term employee benefits, and</font></div>
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      <div style="text-align: justify;">
        <div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">determination of the income tax expense estimated on the basis of the projected tax amount for the full year, including deferred income tax assets, valuation allowance and
                      provisions for uncertain tax positions and claims.</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company bases the estimates and assumptions on historical experience and on various other factors such as market
          trends, market information used by market participants and the latest available business plans that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets
          and liabilities. While the Company regularly evaluates its estimates and assumptions, the actual results experienced by the Company could differ materially and adversely from those estimates.</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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        <div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">5.</font></td>
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                  <div><font style="font-size: 12pt; font-weight: bold;">Recent Accounting Pronouncements</font></div>
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      <div style="text-align: justify; margin-left: 54pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-style: italic; color: rgb(0, 0, 0);">Accounting pronouncements effective in 2019</font></div>
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      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><font style="font-size: 10pt;"><u>Lease accounting</u></font></font></div>
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      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">The Company adopted on January 1, 2019 ASC 842 guidance on lease accounting by applying the <font style="font-size: 10pt; color: rgb(0, 0,
            0);">optional simplified transition method with cumulative impact recorded in retained earnings at January 1, 2019 and no restatement of previous periods</font>. <font style="font-size: 10pt; color: rgb(0, 0, 0);">In compliance with the new
            lease accounting guidance, a</font>s a lessee, the Company recognizes lease arrangements on the balance sheet as right-of-use assets as a category within &#8220;Property, plant and equipment, net&#8221; on the consolidated balance sheet. The corresponding
          lease liabilities are reported on the line &#8220;Other long-term liabilities&#8221; when payment is expected beyond twelve months, and on the line &#8220;Other payables and accrued liabilities&#8221; for the current portion of the lease obligations. For income
          statement purposes, the new guidance is still based on a dual model, requiring leases to be classified as either operating or finance leases. Classification criteria are largely similar to current lease accounting guidance, except that the new
          guidance does not contain explicit bright lines. The new guidance has not changed the way operating lease expenses are recognized in the consolidated income statements, which is recorded on a straight-line basis over the lease period and reported
          as &#8220;Cost of sales&#8221;, &#8220;Selling, general and administrative&#8221;, or &#8220;Research and development&#8221; in the consolidated statements of income according to the intended use of the leased asset.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Prior to the new guidance adoption, the Company classified as capital leases arrangements in which the Company had substantially all the risks
          and rewards of owernship. <font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company did not report any material capital lease arrangement as at December 31, 2018. Only assets leased under capital leases were included in &#8220;Property, plant
            and equipment, net&#8221; on the consolidated balance sheet and recorded at the lower of their fair value and the present value of the minimum lease payments. </font>Lessor accounting is similar to the current model, but updated to align with
          certain changes to the lessee model and the new revenue recognition guidance. Existing sale-leaseback guidance has been replaced with a new model applicable to both lessees and lessors. The Company did not report any existing sale-leaseback
          transaction upon adoption. Moreover, the Company is not involved in any significant lease arrangement in which it acts as a lessor.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">The Company elected the package of transition practical expedients, which allowed the Company not to (1) reassess whether any expired or
          existing contracts are or contain leases, (2) reassess the lease classification for any expired or existing leases and (3) reassess initial direct costs for any existing leases. Additionally, the Company has elected not to allocate the
          consideration in existing contracts between lease and nonlease components.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-7</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">The Company also elected to exclude from capitalization for lease arrangements with a total duration lower than twelve months and for amounts
          below $5,000. The impact upon adoption was an increase of property, plant and equipment of the consolidated balance sheet to reflect the right-of-use assets for the existing lease arrangements, with a corresponding increase in <font style="font-size: 10pt; color: rgb(0, 0, 0);">other payables and accrued liabilities, for the operating lease obligations which payment is expected within one year, and other long-term liabilities </font>of the consolidated balance sheet. The
          value of capitalized lease arrangements totaled $209 million as of March 30, 2019, which is further described in Note 19.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">The Company adopted on January 1, 2019 the improvements to hedge accounting issued in August 2017. The changes to existing guidance are
          intended to align hedge accounting with companies&#8217; risk management strategies by simplifying the application of hedge accounting and enlarging the scope and results of hedging programs. The amendments to the existing guidance include designation
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; margin-left: 54pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-style: italic; color: rgb(0, 0, 0);">Accounting pronouncements that are not yet effective and have not been adopted by
          the Company</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">In June 2016, the FASB issued new guidance on measuring credit losses for financial instruments. The objective of the new guidance is to
          provide financial statement users with more decision-useful information about the expected credit losses on financial instruments, primarily financial assets measured at amortized cost and available-for-sale debt securities, and other commitments
          to extend credit held by a reporting entity at each reporting date. The amended guidance replaces the incurred loss impairment methodology applied in current practice with an approach that reflects expected credit losses and requires
          consideration of a broader range of reasonable and supportable information to inform credit losses estimates. The new guidance is effective for public companies for fiscal years beginning after December 15, 2019, including interim periods within
          those years. The Company will adopt the new guidance when effective and is currently assessing its impact on its consolidated financial statements.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">In January 2017, the FASB simplified the accounting for goodwill impairment by removing step 2 of the goodwill impairment test, which requires
          a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit&#8217;s carrying value exceeds its fair value. The amended guidance is effective for public companies for annual and interim periods in
          fiscal years beginning after December 15, 2019, with early application permitted for goodwill impairment tests with measurement dates after January 1, 2017. The Company will adopt the new guidance when effective.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z8ddb2db75ce843c3865b4855605337db" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">6.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Other Income and Expenses, Net</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other income and expenses, net consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z311f957c60524956b5e9e0a79b5394f8" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Research and development funding</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">34</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">11</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Phase-out and start-up costs</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Exchange gains, net</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Patent costs</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(3)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Gain on sale of businesses and non-current assets</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">6</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other, net</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">33</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">16</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-8</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company receives significant public funding from governmental agencies in several jurisdictions. Public funding for
          research and development is recognized ratably as the related costs are incurred once the agreement with the respective governmental agency has been signed and all applicable conditions have been met.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160; <br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Phase-out costs are costs incurred during the closing stage of a Company&#8217;s manufacturing facility. They are treated in the
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          line&#8217;s quality certification.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Exchange gains and losses, net represent the portion of exchange rate changes on transactions denominated in currencies
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Patent costs include legal and attorney fees and payment for claims, patent pre-litigation consultancy and legal fees. They are reported net of
          settlements, if any, which primarily include reimbursements of prior patent litigation costs.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Gain on sale of businesses and non-current assets for the first quarter 2018 was related to the sale of one of our non-strategic investments.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zafd1e7c7141e461a9b0a6e701d2210cf" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">7.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Impairment, Restructuring Charges and Other Related Closure Costs</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company did not incur any impairment, restructuring charges and other related closure costs in the first quarter of
          2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Impairment, restructuring charges and other related closure costs incurred in the first quarter of 2018 are summarized as
          follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zad25d818431b459c9cf25ad72aa96793" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td rowspan="1" style="width: 32%; vertical-align: top; font-family: &quot;Times New Roman&quot;; padding-bottom: 2px;">
              <div style="text-align: center;"><br>
              </div>
            </td>
            <td colspan="4" rowspan="1" style="vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended on March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Impairment</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Restructuring charges</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other related closure costs</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Total&#160; impairment, restructuring charges and other related closure costs</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 32%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Set-top Box restructuring plan</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(21)</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(21)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(21)</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(21)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold; color: rgb(0, 0, 0);">Impairment charges</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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            <td style="width: 30%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 26%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
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            <td style="width: 22%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
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            <td style="width: 22.5%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
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          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Provision as at December 31, 2018</font></div>
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            <td style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">34</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">35</font></div>
            </td>
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            <td rowspan="1" style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
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            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Charges incurred in 2019</font></div>
            </td>
            <td style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
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            <td rowspan="1" style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
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            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amounts paid</font></div>
            </td>
            <td style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(5)</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(6)</font></div>
            </td>
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            <td rowspan="1" style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
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            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency translation effect</font></div>
            </td>
            <td style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
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          <tr>
            <td rowspan="1" style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22.5%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Provision as at March 30, 2019</font></div>
            </td>
            <td style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; margin-right: 4.5pt; margin-left: 4.5pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">27</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; margin-right: 4.5pt; margin-left: 4.5pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 22.5%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; margin-right: 4.5pt; margin-left: 4.5pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">27</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-9</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zb1b5f61617524197886be41ea99d4412" cellpadding="0" cellspacing="0">

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                <td style="width: 54pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
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                </td>
              </tr>

          </table>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">In 2013, the Company committed to restructuring actions to reduce operating expenses, net of R&amp;D grants to the level
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="ze54492a81fe2438c8f809b860a5c6110" cellpadding="0" cellspacing="0">

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                <td style="width: 54pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">EPS restructuring plan</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">In 2014, the Company committed to a plan affecting around 450 employees worldwide and targeting savings in the former
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z5149740f590f48b3981afaeb834cb727" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 54pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">Set-top Box restructuring plan</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">In 2016, the Company announced its decision to cease the development of new platforms</font><font style="font-size: 12pt; color: rgb(255, 0, 0);">&#160;</font><font style="font-size: 10pt; color: rgb(0, 0, 0);">and standard products for set-top-box and home gateway products. This decision implied a global workforce review of approximately 1,400
            employees worldwide, which included about 430 in France through a voluntary departure plan, about 670 in Asia and about 120 in the United States of America. </font>The Company recorded in the first quarter of 2018, $21 million of restructuring
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      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total impairment, restructuring charges and other related closure costs</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Set-top Box restructuring plan was expected to result in pre-tax charges of
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z8278b9458bf84662a776b21cd0e513bc" cellpadding="0" cellspacing="0">

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                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">8.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Interest income (expense), Net</font></div>
                </td>
              </tr>

          </table>
        </div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Interest income (expense), net consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z7187fe01894f4e7ea2e00059549e8c98" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 56.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="width: 43.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 21.96%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 21.96%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Income</font></div>
            </td>
            <td style="width: 21.96%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">16</font></div>
            </td>
            <td style="width: 21.96%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">10</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Expense</font></div>
            </td>
            <td style="width: 21.96%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(14)</font></div>
            </td>
            <td style="width: 21.96%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(13)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 21.96%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 21.96%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(3)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Interest income is related to the cash and cash equivalents, short-term deposits and marketable securities held by the
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z50015fd4d78b461d8b0fbfd6738c0d9d" cellpadding="0" cellspacing="0">

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                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">9.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
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                </td>
              </tr>

          </table>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z2b09a15bc421430882c78ed461777bc0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 56.4%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
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            </td>
          </tr>
          <tr>
            <td style="width: 56.4%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22.28%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 21.32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56.4%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Income tax benefit (expense)</font></div>
            </td>
            <td style="width: 22.28%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(32)</font></div>
            </td>
            <td style="width: 21.32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(22)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-10</font></div>
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      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The annual estimated effective tax rate method was applied, as management believes it provides a reliable estimate of the
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">At each reporting date, the Company assesses all material open income tax positions in all
            tax jurisdictions to determine any uncertain tax position. The Company uses a two-step process for the evaluation of uncertain tax positions. The first step consists in determining whether a benefit may be recognized; the assessment is based on
            a sustainability threshold. If the sustainability is lower than 50%, a full provision should be accounted for. In case of a sustainability threshold in step one higher than 50%, the Company must perform a second step in order to measure the
            amount of recognizable tax benefit, net of any liability for tax uncertainties. The measurement methodology in step two is based on a &#8220;cumulative probability&#8221; approach, resulting in the recognition of the largest amount that is greater than 50%
            likely of being realized upon settlement with the taxing authority. All unrecognized tax benefits affect the effective tax rate, if recognized</font>.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z2cb0753dfc9349629c58d4137ca97645" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">10.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Earnings per share</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Basic net earnings per share (&#8220;EPS&#8221;) is computed based on net income attributable to parent company stockholders using the
          weighted-average number of common shares outstanding during the reported period; the number of outstanding shares does not include treasury shares. Diluted EPS is computed using the weighted-average number of common shares and dilutive potential
          common shares outstanding during the period, such as stock issuable pursuant to the exercise of stock options outstanding, unvested shares granted and the conversion of convertible debt.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="ze92c4e620d2a439fa741c76b48c10ef4" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 56%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Basic EPS</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Net income attributable to parent company</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">178</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">239</font></div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: middle; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: middle; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Weighted average shares outstanding</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">896,380,933</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">896,612,467</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Basic EPS</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">0.20</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">0.27</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Diluted EPS</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: middle; background-color: rgb(255, 255, 255);">&#160;</td>
            <td rowspan="1" style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Net income attributable to parent company</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">178</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">239</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Weighted average shares outstanding</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">896,380,933</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">896,612,467</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Dilutive effect of stock awards</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">6,601,422</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">9,578,444</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Dilutive effect of convertible bonds</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">8,528,737</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt;">Number of shares used in calculating diluted EPS</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">902,982,355</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">914,719,648</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Diluted EPS</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">0.20</font></div>
            </td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">0.26</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">For the three months ended March 30, 2019, there was no dilutive effect of the senior convertible bonds issued on July 3,
          2017 since the contingently conversion features were out-of-the-money.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-11</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z89e5c57f9f874de39aeef904ab06544e" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">11.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Accumulated Other Comprehensive Income (&#8220;AOCI&#8221;)</font></div>
                </td>
              </tr>

          </table>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The table below details the changes in AOCI attributable to the company&#8217;s stockholders by component, net of tax, for the
          three months ended March 30, 2019:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z6baa7809a4d2424c91f4a738788b506e" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 30%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 14.73%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Gains (Losses) on Cash Flow Hedges</font></div>
            </td>
            <td style="width: 15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Gains (Losses) on Available-For-Sale Debt Securities</font></div>
            </td>
            <td style="width: 15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Defined Benefit Pension Plan Items</font></div>
            </td>
            <td style="width: 15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign Currency Translation Adjustments (&#8220;CTA&#8221;)</font></div>
            </td>
            <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Total</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(39)</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(179)</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">681</font></div>
            </td>
            <td style="width: 10%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">461</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Cumulative tax impact</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">4</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">44</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">48</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018, net of tax</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(35)</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(135)</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">681</font></div>
            </td>
            <td style="width: 10%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">509</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">OCI before reclassifications</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(26)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(35)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(60)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amounts reclassified from AOCI</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">23</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">25</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">OCI for the three months ended March 30, 2019</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(3)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(35)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(35)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Cumulative tax impact</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">OCI for the three months ended March 30, 2019, net of tax</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(3)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(35)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(35)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(42)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(177)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">646</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">426</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Cumulative tax impact</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">4</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">44</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">48</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019, net of tax</font></div>
            </td>
            <td style="width: 14.73%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(38)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(133)</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">646</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">474</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Items reclassified out of Accumulated Other Comprehensive Income for period ended March 30, 2019 are listed in the table
          below:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; width: 100%;" id="zd185acfd65024944ab0f381e43c421e7" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Details about AOCI components</font></div>
            </td>
            <td style="width: 30%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amounts reclassified from AOCI</font></div>
            </td>
            <td style="width: 35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Affected line item in the statement where net income (loss) is presented</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Gains (losses) on cash flow hedges</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange derivative contracts</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(14)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Cost of sales</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange derivative contracts</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Selling, general and administrative</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange derivative contracts</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(7)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Research and development</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">3</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Income tax benefit (expense)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(20)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Net of tax</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Defined benefit pension plan items</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amortization of actuarial gains (losses)</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Research and development<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amortization of actuarial gains (losses)</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Selling, general and administrative<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Income tax benefit (expense)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Net of tax</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total reclassifications for the period attributable to the Company&#8217;s stockholders</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(22)</font></div>
            </td>
            <td style="width: 35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Net of tax</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1) </sup>These items are included in the
          computation of net periodic pension cost, as described in Note 23.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-12</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z6cd0d3aeb3934ee3bf3f04ed167fc3e1" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">12.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Marketable Securities</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Changes in the value of marketable securities, as reported in current assets on the consolidated balance sheets as at
          March 30, 2019 and December 31, 2018 are detailed in the table below:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="ze4d964847bce43e686c404666f1bfd62" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 20%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 11%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018</font></div>
            </td>
            <td style="width: 10.38%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Purchase</font></div>
            </td>
            <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Sale / Redemption</font></div>
            </td>
            <td style="width: 15.09%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Change in fair value included in OCI* for available-for-sale marketable securities</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Change in fair value recognized in earnings</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange result through OCI*</font></div>
            </td>
            <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">U.S. Treasury debt securities</font></div>
            </td>
            <td style="width: 11%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">330</font></div>
            </td>
            <td style="width: 10.38%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15.09%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">331</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 11%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">330</font></div>
            </td>
            <td style="width: 10.38%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 15.09%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 12%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 12%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">331</font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">*Other Comprehensive Income</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">As at March 30, 2019, the Company held $331 million of U.S. Treasury Bonds, all transferred to financial institutions with high credit quality.
          These transactions were concluded in compliance with the Company&#8217;s policy to optimize the return on its short-term interest rate investments, always placed with institutions with high credit rating. The Company, acting as the securities lender,
          does not hold any collateral on the unsecured securities lending transactions. The Company retains effective control on the transferred securities.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The debt securities had an average rating of Aaa/AA+/AAA from Moody&#8217;s, S&amp;P and Fitch, respectively, with a weighted
          average maturity of 1.05 years. The debt securities were reported as current assets on the line &#8220;Marketable Securities&#8221; on the consolidated balance sheet as at March 30, 2019, since they represented investments of funds available for current
          operations. The bonds were classified as available-for-sale and recorded at fair value as at March 30, 2019. This fair value measurement corresponds to a Level 1 fair value hierarchy measurement.&#160; The aggregated amortized cost basis of these
          securities totaled $332 million as at March 30, 2019.</font></div>
      <br>
      &#160;
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-13</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">
        <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
        <div style="text-align: left;">
          <div>
            <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" cellpadding="0" cellspacing="0">

                <tr>
                  <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                  </td>
                  <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">13.</font></td>
                  <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                    <div><font style="font-size: 12pt; font-weight: bold;">Trade Accounts Receivable, Net</font></div>
                  </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
        <div style="text-align: justify; text-indent: -36pt; margin-left: 36pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Trade accounts receivable, net consisted of the following:</font></div>
        <div style="text-align: justify; text-indent: -36pt; margin-left: 36pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
          </font></div>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z3b0878f737cc48f384f6b903e5f5b1bb" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 38.46%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30.77%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30.77%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30.77%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Trade accounts receivable</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,115</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,292</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Allowance for doubtful accounts</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(13)</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(15)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1,102</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1,277</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company enters from time to time into factoring transactions to accelerate the realization in cash of some trade
          accounts receivable. As at March 30, 2019, $50 million of trade accounts receivable were sold without recourse (nil as at December 31, 2018).</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zedd4afc4609743c8bd81c9fc169c8887" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">14.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Inventories</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Inventories, net of reserve, consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zf8b3a02f52c8451e9054284a66caee62" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 38.46%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30.77%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Raw materials</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">144</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">132</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Work-in-process</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,157</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,005</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Finished products</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">464</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">425</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.46%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1,765</font></div>
            </td>
            <td style="width: 30.77%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1,562</font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Reserve for obsolescence is estimated for excess uncommitted inventories based on the previous quarter&#8217;s sales, backlog of
          orders and production plans.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z6443751ed37d4393887e944f562177e5" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">15.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Business Combination</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">On February 6, 2019, the Company acquired a majority stake in the Swedish silicon carbide (SiC) wafer manufacturer Norstel
          AB (&#8220;Norstel&#8221;). The Company acquired 55% of Norstel&#8217;s common stock, obtaining control over the entity. The fair value of the business as a whole was estimated at $138 million, of which $77 million was paid by the Company for its majority stake,
          with an option to acquire the remaining 45% at a later date, subject to certain conditions. The amount paid, net of $1 million of cash acquired, was funded with available cash. An amount of $60 million is held in an escrow account and reported as
          current restricted cash in the consolidated balance sheet as at March 30, 2019, should the Company exercise its purchase option.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">This acquisition will extend the Company&#8217;s silicon carbide ecosystem and strengthen the Company&#8217;s flexibility to serve
          fast growing automotive and industrial applications.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">This transaction has been accounted for as a business combination. The activities of this business are included in the
          Automotive and Discrete Group (ADG) reportable segment. The preliminary fair value of the identifiable assets and assumed liabilities acquired from Norstel at acquisition date were as follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z83ba1d56645945e98edc2691cff65499" border="0" cellpadding="2" cellspacing="0">

          <tr>
            <td style="width: 70%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Fair value recognized</font></div>
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);"> at acquisition date</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 70%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Property, plant and equipment</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">11</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 70%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Technology in process</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">85</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 70%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Net working capital</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 70%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Goodwill</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            </td>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">44</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 70%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total net assets at fair value</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">138</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 70%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Noncontrolling Interest</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(61)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 70%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Purchase consideration</font></div>
            </td>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">77</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> The primary item that generated goodwill is the value of the
          future synergies between Norstel technology in silicon carbide and the Company which do not qualify as an amortizable intangible asset.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-14</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zb24ee5abb727476997b67905d8e412ec" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">16.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Goodwill</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Goodwill allocated to reportable segments and changes in the carrying amount of goodwill were as follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zf61ae8ae401c419ebb69cf967de91394" border="0" cellpadding="1" cellspacing="0">

          <tr>
            <td style="width: 30.77%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 18.27%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Automotive and Discrete Group (ADG)</font></div>
            </td>
            <td style="width: 19.23%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Analog, MEMS &amp; Sensors Group (AMS)</font></div>
            </td>
            <td style="width: 16.35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Microcontrollers and Digital ICs Group (MDG)</font></div>
            </td>
            <td style="width: 16%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Total</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018</font></div>
            </td>
            <td style="width: 18.27%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 19.23%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 16.35%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">119</font></div>
            </td>
            <td style="width: 16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">121</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30.77%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Business combination</font></div>
            </td>
            <td style="width: 18.27%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">44</font></div>
            </td>
            <td style="width: 19.23%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 16.35%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 16%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">44</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign currency translation</font></div>
            </td>
            <td style="width: 18.27%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 19.23%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 16.35%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
            <td style="width: 16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 30.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 18.27%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">44</font></div>
            </td>
            <td style="width: 19.23%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 16.35%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">117</font></div>
            </td>
            <td style="width: 16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">163</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As described in Note 15, the acquisition of Norstel resulted in the recognition of $44 million in goodwill which has been
          included in the ADG segment to align the goodwill of the acquired Company with the segment for which the related activities will be reported.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z4a05adbb43da4020ba1bbc73f847b5ae" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">17.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Other intangible assets</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other intangible assets consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zefb78d61692545bebac1cf8d57b0003d" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 40%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 15%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Gross Cost</font></div>
            </td>
            <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Accumulated Amortization</font></div>
            </td>
            <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; margin-left: 7.2pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Net Cost</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Technologies &amp; licenses</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">699</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(595)</font></div>
            </td>
            <td style="width: 20%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">104</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Purchased &amp; internally developed software</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">462</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(408)</font></div>
            </td>
            <td style="width: 20%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">54</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Technologies in progress</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">133</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 20%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">133</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other intangible assets</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">69</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(69)</font></div>
            </td>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">1,363</font></div>
            </td>
            <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">(1,072)</font></div>
            </td>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">291</font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"></font><br>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z28b902ec56674972b226d8b108672e9a" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 40%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;,serif; font-size: 10pt; font-weight: bold;">December 31, 2018</div>
              </td>
              <td style="width: 15.35%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
                <div style="text-align: center;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold; color: #000000;">Gross Cost</font></div>
              </td>
              <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
                <div style="text-align: center;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold; color: #000000;">Accumulated Amortization</font></div>
              </td>
              <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
                <div style="text-align: center; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold; color: #000000;">Net Cost</font></div>
              </td>
            </tr>
            <tr>
              <td style="width: 40%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: left;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; color: #000000;">Technologies &amp; licenses</font></div>
              </td>
              <td style="width: 15.35%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">705</font></div>
              </td>
              <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">(592)</font></div>
              </td>
              <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">113</font></div>
              </td>
            </tr>
            <tr>
              <td style="width: 40%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: left;"><font style="font-family: &quot;Times New Roman&quot;,serif; font-size: 10pt; color: rgb(0, 0, 0);">Purchased &amp; internally developed software</font></div>
              </td>
              <td style="width: 15.35%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;"><font style="font-family: &quot;Times New Roman&quot;,serif; font-size: 10pt;">459</font></div>
              </td>
              <td style="width: 25%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;"><font style="font-family: &quot;Times New Roman&quot;,serif; font-size: 10pt;">(404)</font></div>
              </td>
              <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;"><font style="font-family: &quot;Times New Roman&quot;,serif; font-size: 10pt;">55</font></div>
              </td>
            </tr>
            <tr>
              <td style="width: 40%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: left;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; color: #000000;">Technologies in progress</font></div>
              </td>
              <td style="width: 15.35%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">44</font></div>
              </td>
              <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">-</font></div>
              </td>
              <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">44</font></div>
              </td>
            </tr>
            <tr>
              <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: left;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; color: #000000;">Other intangible assets</font></div>
              </td>
              <td style="width: 15.35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">69</font></div>
              </td>
              <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">(69)</font></div>
              </td>
              <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">-</font></div>
              </td>
            </tr>
            <tr>
              <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: left;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold; color: #000000;">Total</font></div>
              </td>
              <td style="width: 15.35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">1,277</font></div>
              </td>
              <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">(1,065)</font></div>
              </td>
              <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">212</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><br>
          The line &#8220;Technologies in progress&#8221; in the table above includes internally developed software under development and software not ready for use.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amortization expense was $16 million and $15 million for the first three months of 2019 and 2018, respectively.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As described in Note 15, the acquisition of Norstel resulted in the recognition of technology in process for $85 million in &#8220;Technologies in
          progress&#8221;.</font><br>
      </div>
      <br>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-15</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">
        <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The estimated amortization expense of the existing intangible assets for each period is expected to be as follows:</font></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z7bdd8a3ffb6746aba31ac9c872d3ee4d" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 39.16%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Year</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 39.16%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Remainder of 2019</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right; margin-right: 9pt;"><font style="font-size: 10pt;">55</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39.16%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2020</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right; margin-right: 9pt;"><font style="font-size: 10pt;">66</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39.16%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2021</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right; margin-right: 9pt;"><font style="font-size: 10pt;">47</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39.16%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2022</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right; margin-right: 9pt;"><font style="font-size: 10pt;">30</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39.16%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2023</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right; margin-right: 9pt;"><font style="font-size: 10pt;">15</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39.16%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Thereafter</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; margin-right: 9pt;"><font style="font-size: 10pt;">78</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39.16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 60.84%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right; margin-right: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">291</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z209c2d66ef014017916a81577d8d86f9" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">18.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Property, plant and equipment</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Property, plant and equipment consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zad9c6bdb137b4b938eab25a5040c79e1" border="0" cellpadding="2" cellspacing="0">

          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Gross Cost</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Accumulated Depreciation</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Net Cost</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Land</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">78</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">78</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Buildings</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">900</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(486)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">414</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Facilities &amp; leasehold improvements</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">3,140</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(2,723)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">417</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Machinery and equipment</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">14,857</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(12,535)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">2,322</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Computer and R&amp;D equipment</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">381</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(335)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">46</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Operating lease right-of-use assets</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">223</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(14)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">209</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other tangible assets</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">125</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(93)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">32</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Construction in progress</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">222</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">222</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">19,926</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">(16,186)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">3,740</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Gross Cost</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Accumulated Depreciation</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Net Cost</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Land</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">79</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">79</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Buildings</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">902</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(487)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">415</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Facilities &amp; leasehold improvements</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">3,170</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(2,748)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">422</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Machinery and equipment</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">14,882</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(12,582)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">2,300</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Computer and R&amp;D equipment</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">381</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(334)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">47</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other tangible assets</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">123</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">(93)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">30</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Construction in progress</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">202</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt;">202</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">19,739</font></div>
            </td>
            <td style="width: 20.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">(16,244)</font></div>
            </td>
            <td style="width: 20.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold;">3,495</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-16</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The line &#8220;Construction in progress&#8221; in the table above includes property, plant and equipment under construction and
          equipment under qualification before operating.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Facilities &amp; leasehold improvements, machinery and equipment and other tangible assets
            include assets acquired under capital lease. The net cost of assets under capital lease was </font>less than $1 million<font style="font-size: 10pt; color: rgb(0, 0, 0);"> both at March 30, 2019 and December 31, 2018.</font></font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">On January 1, 2019, the Company adopted the new guidance on lease accounting and operating lease right-of-use assets are now included in plant,
          property and equipment. The impact of the adoption of this new guidance is further described in Note 19.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The depreciation charge was $190 million and $170 million for the first three months of 2019 and 2018, respectively.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As described in Note 15, the acquisition of Norstel resulted in the recognition of property, plant and equipment for $11
          million.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zfef049c8769248ca8d92decf2f95db27" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">19.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Leasing</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">A lease contract is a contract, or part of a contract, that conveys the right to control the use of identified property,
          plant, or equipment (an identified asset) for a period of time in exchange for consideration. The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use assets within plant,
          property and equipment. Current operating lease liabilities are included in other payables and accrued liabilities, while noncurrent operating lease liabilities are included in other long-term liabilities in the Company&#8217;s consolidated balance
          sheet. Finance leases are included in property and equipment and long-term debt.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Right-of-use assets represent the Company&#8217;s right to use an underlying asset for the lease term and lease liabilities
          represent the Company&#8217;s obligation to make lease payments arising from the lease. Right-of-use assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company leases land, buildings, cars and certain equipment (including IT equipment) which have remaining lease terms
          between less than one year and 38 years. Certain lease contracts contain options to extend the leases by up to 30 years, which the Company has included in the lease term when it is reasonably certain for the Company to exercise that option. In
          addition, the Company made an accounting policy election for all the asset classes to not account for the short-term leases. A short-term lease is defined as a lease that, at the commencement date, has a lease term of 12 months or less and does
          not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise. The short-term lease election can only be made at the commencement date.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Variable lease payments that depend on an index or a rate are included in the lease payments and are measured using the
          prevailing index or rate at the measurement date (January 1, 2019 for initial measurement of the leases existing at that date and commencement date for subsequent lease contracts). Changes to index and rate-based variable lease payments are
          recognized in profit or loss in the period of the change.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Lease contracts with a sum of lease payments not exceeding $5,000 have been excluded from the capitalization in the
          balance sheet.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Significant assumptions and judgements may be made in applying the requirements of lease accounting, such as the exercise
          of extension options and determination of discount rates.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-style: italic; color: rgb(0, 0, 0);">Practical expedients</font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company applied the following practical expedients at standard adoption:</font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1. Practical expedient to not separate lease and non-lease components and instead to account for each separate lease
          component and the non-lease components associated with that lease component as a single lease component. This practical expedient was applied to the real estate (land and buildings), equipment, IT and cars.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2. The package of transition practical expedients (elected as a package and applied consistently to all leases) not to
          reassess leases that commenced before the effective date consisting in:</font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">a) No need to reassess whether any expired or existing contracts are or contain leases.</font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-17</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">b) No need to reassess the lease classification for any expired or existing leases.</font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">c) No need to reassess initial direct costs for any existing leases.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">3. The transition option allowing to not apply the new leases standard in the comparative periods presented in the
          financial statements in the year of adoption.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-style: italic; color: rgb(0, 0, 0);">Discount rates</font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The rate implicit in the lease should be used whenever that rate is readily determinable. In most cases, this rate is not
          readily determinable and the Company used its incremental borrowing rate, which was derived from information available at the lease commencement date, in determining the present value of lease payments. The Company gives consideration to its
          recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating its incremental borrowing rates. Discount rates at implementation were established as of January 1, 2019. Going forward, due to
          immateriality of any intra-quarter discount rate changes, the Company will determine the discount rate based on the mid-quarter date.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As of March 30, 2019 finance lease right-of-use asset was less than $1 million. The below information is presented for the
          operating leases only.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Operating leases consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z32ea81c338fc41479f6ca2a732a0d647" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 33.39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold;">Assets</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Operating lease assets</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">209</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold;">Total operating lease liabilities</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">209</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold;">Liabilities</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Current</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">59</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Noncurrent</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">150</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold;">Total operating lease liabilities</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">209</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;"> <br>
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Undiscounted cash flows of operating lease liabilities are as follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z0a758eccc94648edb60e2a7aa702b25f" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">2019</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">44</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">2020</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">49</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">2021</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">35</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">2022</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">24</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">2023</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">17</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Thereafter</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">91</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold;">Total future undiscounted cash outflows</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">260</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Effect of discounting</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(51)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold;">Total operating lease liabilities</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">209</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Operating lease term and discount rate are as follows:</font></div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z1b3c4e60945d4b3082d733b25b37af41" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Weighted average remaining lease term (in years)</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">9</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Weighted average discount rate</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">2.77%</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Operating lease cost and cash paid for the first three months of 2019 are as follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zc10c2a1a1dda48579fdb3d4725ec863f" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 66.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 33.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Operating lease cost</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">16</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.61%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Operating lease cash paid</font></div>
            </td>
            <td style="width: 33.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">17</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-18</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z1a1764f7626c42a9b93c370a39bc0226" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">20.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Long-Term Investments</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Long-Term Investments consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z6612ce9fccda4aa68fe73288de485749" border="0" cellpadding="2" cellspacing="0">

          <tr>
            <td style="width: 56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 21.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Equity-method investments</font></div>
            </td>
            <td style="width: 21.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">50</font></div>
            </td>
            <td rowspan="1" style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">49</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt;">Other long-term investments</font></div>
            </td>
            <td style="width: 21.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">12</font></div>
            </td>
            <td rowspan="1" style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">12</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 21.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">62</font></div>
            </td>
            <td rowspan="1" style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">61</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold; font-style: italic;">Equity-method investments</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div><font style="font-size: 10pt; color: rgb(0, 0, 0);">Equity-method investments as at March 30, 2019 and December 31, 2018 were as follows:</font> </div>
      <div><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td rowspan="2" style="width: 48%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 13%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Carrying</font></div>
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> value</font></div>
            </td>
            <td style="width: 13.01%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Ownership percentage</font></div>
            </td>
            <td style="width: 13%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Carrying</font></div>
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> value</font></div>
            </td>
            <td style="width: 13.01%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Ownership percentage</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">ST-Ericsson SA, in liquidation</font></div>
            </td>
            <td style="width: 13%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">50</font></div>
            </td>
            <td style="width: 13.01%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">50.0%</font></div>
            </td>
            <td style="width: 13%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">49</font></div>
            </td>
            <td style="width: 13.01%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">50.0%</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 13%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">50</font></div>
            </td>
            <td style="width: 13.01%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 13%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">49</font></div>
            </td>
            <td style="width: 13.01%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-style: italic; color: rgb(0, 0, 0);">ST-Ericsson SA, in liquidation</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">On February 3, 2009, the Company announced the closing of a transaction to combine the businesses of Ericsson Mobile
          Platforms and ST-NXP Wireless into a new venture, named ST-Ericsson. As part of the transaction, the Company received an interest in ST-Ericsson Holding AG in which the Company owned 50% plus a controlling share. In 2010, ST-Ericsson Holding AG
          was merged in ST-Ericsson SA.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company evaluated that ST-Ericsson SA was a variable interest entity (VIE). The Company determined that it controlled
          ST-Ericsson SA and therefore consolidated ST-Ericsson SA.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">On September 9, 2013, the Company sold 1 ST-Ericsson SA share to Ericsson for its nominal value changing the ownership
          structure of ST-Ericsson SA to bring both partners to an equal ownership proportion. As a result and in combination with the new shareholder agreement, the Company lost the control of ST-Ericsson SA and as such ST-Ericsson SA was deconsolidated
          from the Company&#8217;s financial statements. The deconsolidation of ST-Ericsson SA did not result in a gain or loss for the Company. The fair value of the Company&#8217;s retained noncontrolling interest was evaluated at $55 million. In addition, the
          Company and its partner signed funding commitment letters, capped at $149 million for each partner, to the residual joint wind-down operations to ensure solvency. These were not drawn as of March 30, 2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Before the deconsolidation of ST-Ericsson SA, certain assets and companies of the ST-Ericsson SA group of companies were
          transferred to both partners for their net book value which was representative of their fair value. The transactions did not result in cash exchange between the partners. ST-Ericsson SA entered into liquidation on April 15, 2014.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-19</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 11pt; font-weight: bold; font-style: italic;">Other long-term investments</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Other long-term investments are equity securities with no readily determinable fair value for which the Company has elected to apply the cost
          alternative measurement. It includes principally the Company&#8217;s investment in DNP Photomask Europe S.p.A (&#8220;DNP&#8221;). The Company has identified the joint venture as a VIE, but has determined that it is not the primary beneficiary. The significant
          activities of DNP revolve around the creation of masks and development of high level mask technology. The Company does not have the power to direct such activities. The Company&#8217;s current maximum exposure to loss as a result of its involvement
          with the joint venture is limited to its investment. The Company has not provided additional financial support in the first three months of 2019 and currently has no requirement or intent to provide further financial support to the joint venture.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zdc9f4a306f6040f4ba9b2f81f994bd17" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">21.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Other Non-current Assets</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other non-current assets consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zfd4fd4ed2f2644f1abe223fe49845108" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 47.17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 26.42%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.17%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Equity securities</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">20</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">19</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.17%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Long-term State receivables</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">377</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">391</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.17%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Deposits and other non-current assets</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">57</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">42</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.17%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">454</font></div>
            </td>
            <td style="width: 26.42%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">452</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Long-term State receivables include receivables related to funding and receivables related to tax refunds. Funding are
          mainly public grants to be received from governmental agencies in Italy and France as part of long-term research and development, industrialization and capital investment projects.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">During the first three months of 2019, the Company entered into a factoring transaction to accelerate the realization in
          cash of some non-current assets. As at March 30, 2019, $33 million of the non-current assets were sold without recourse, with a financial cost of less than $1 million.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z31c4881367f24e58b348cca35ac89a30" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">22.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Long-term debt</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Long-term debt consisted of the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z797b6c8f433149f29d54f136ec4c4d1b" border="0" cellpadding="3" cellspacing="0">

          <tr>
            <td style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; width: 52%;">&#160;</td>
            <td style="width: 24.24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;; width: 52%;">&#160;</td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Funding program loans from European Investment Bank:</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">3.86% due 2020, floating interest rate at Libor + 1.099%</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">25</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">25</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">3.56% due 2020, floating interest rate at Libor + 1.056%</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">55</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">55</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">0.51% due 2020, floating interest rate at Euribor + 0.817%</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">28</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">29</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">3.30% due 2021, floating interest rate at Libor + 0.525%</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">90</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">90</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">3.46% due 2021, floating interest rate at Libor + 0.572%</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">86</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">86</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">0.33% due 2028, floating interest rate at Euribor + 0.589%</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">287</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">292</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">0.33% due 2029, floating interest rate at Euribor + 0.589%</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">275</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Dual tranche senior unsecured convertible bonds</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Zero-coupon due 2022 (Tranche A)</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">685</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">681</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">0.25% due 2024 (Tranche B)</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">640</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">635</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Other funding program loans:</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">0.31% (weighted average), due 2019-2023, fixed interest rate</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">16</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">16</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Other long-term loans:</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">0.87% (weighted average), due 2020, fixed interest rate</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">1</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total long-term debt</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,188</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">1,910</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Less current portion</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(173)</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(146)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 52%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total long-term debt, less current portion</font></div>
            </td>
            <td style="width: 24.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,015</font></div>
            </td>
            <td style="width: 24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">1,764</font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-20</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="background-color: #FFFFFF;">
        <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">On July 3, 2017, the Company issued a $1.5 billion principal amount of dual tranche senior unsecured convertible bonds
            (Tranche A and Tranche B for $750 million each tranche), due 2022 and 2024, respectively. Tranche A bonds were issued at 101.265% as zero-coupon bonds while Tranche B bonds were issued at par and bear a 0.25% per annum nominal interest, payable
            semi-annually. The conversion price at issuance was $20.54 dollar, equivalent to a 37.5% premium on both tranches, which corresponds to 9,737 equivalent shares per each $200,000 bond par value. The bonds are convertible by the bondholders or
            are callable by the issuer upon certain conditions, on a net-share settlement basis, except if the issuer elects a full-cash or full-share conversion as an alternative settlement. The net proceeds from the bond offering were $1,502 million,
            after deducting issuance costs payable by the Company. Proceeds were allocated between debt and equity by measuring first the liability component and then determining the equity component as a residual amount. The liability component was
            measured at fair value based on a discount rate adjustment technique (income approach), which corresponded to a Level 3 fair value hierarchy measurement. The fair value of the liability component at initial recognition totaled $1,266 million
            before allocation of issuance costs, and was estimated by calculating the present value of cash flows using a discount rate of 2.70% and 3.28% (including 0.25% per annum nominal interest), respectively, on each tranche, which were determined to
            be consistent with the market rates at the time for similar instruments with no conversion rights. An amount of $242 million, net of allocated issuance costs of $1 million, was recorded in shareholders&#8217; equity as the value of the conversion
            features of the instruments. Unamortized debt discount and issuance costs on the newly issued convertible debt totaled $175 million as at March 30, 2019. As at March 30, 2019, the Company stock price did not exceed the conversion price of the
            new convertible bonds.</font></div>
        <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">In August 2017, the Company signed a new long-term credit facility with the European Investment Bank for a total of &#8364;500
          million in relation to R&amp;D and capital expenditure investments in the European Union for the years 2017 and 2018. As of March 30, 2019, the entire amount was fully drawn in Euros corresponding to $562 million outstanding as of March 30, 2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z41a4ec3e439f43b396f22e6c70675034" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">23.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Post Employment and Other Long-term Employee Benefits</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company and its subsidiaries have a number of defined benefit pension plans, mainly unfunded, and other long-term
          employees&#8217; benefits covering employees in various countries. The defined benefit plans provide pension benefits based on years of service and employee compensation levels. The other long-term employees&#8217; plans provide benefits due during the
          employees&#8217; period of service after certain seniority levels. The Company uses a December 31 measurement date for its plans. Eligibility is generally determined in accordance with local statutory requirements. For the Italian termination indemnity
          plan (&#8220;TFR&#8221;) generated before July 1, 2007, the Company continues to measure the vested benefits to which Italian employees are entitled as if they left the company immediately as of March 30, 2019, in compliance with U.S. GAAP guidance on
          determining vested benefit obligations for defined benefit pension plans.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The components of the net periodic benefit cost included the following:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zf35f54dcb31442598edb8b6674045d44" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Pension Benefits</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Service cost</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(7)</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(7)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Interest cost</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(6)</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(6)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Expected return on plan assets</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">5</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">5</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amortization of actuarial net (loss) gain</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><font style="font-size: 10pt; font-weight: bold;">Net periodic benefit cost </font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            </td>
            <td style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(10)</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(10)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><font style="color: rgb(0, 0, 0);"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;(1)</sup> Defined benefit plan expense
          components other than service cost, representing $3 million in the first quarter of each 2019 and 2018, were recognized outside of Operating income in &#8220;Other components of pension benefit costs&#8221; in our Consolidated Statements of Income. Service
          cost was recognized within Operating income.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-21</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z01592e527e3341c68e4cbabfe42c4897" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Other long-term benefits</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 22%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Service cost</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Interest cost</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Net periodic benefit cost</font></div>
            </td>
            <td style="width: 22%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 22.46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Employer contributions paid and expected to be paid in 2019 are consistent with the amounts disclosed in the consolidated
          financial statements for the year ended December 31, 2018<font style="font-size: 10pt;">.</font></font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z250ef2131071414c996857d01916f515" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">24.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Dividends</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Annual General Meeting of Shareholders held on May 31, 2018 authorized the distribution of a cash dividend of $0.24
          per outstanding share of the Company&#8217;s common stock, to be distributed in quarterly installments of $0.06 in each of the second, third and fourth quarters of 2018 and first quarter of 2019. The amount of $54 million corresponding to the first
          installment, $54 million corresponding to the second installment and $54 million corresponding to the third installment and $48 million corresponding to the fourth installment were paid as of March 30, 2019. The amount of $6 million presented in
          the line &#8220;Dividends payable to stockholders&#8221; in the consolidated balance sheet as of&#160; March 30, 2019 corresponds to the remaining portion of the fourth installment to be paid in the second quarter of 2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Annual General Meeting of Shareholders held on June 20, 2017 authorized the distribution of a cash dividend of $0.24
          per outstanding share of the Company&#8217;s common stock, to be distributed in quarterly installments of $0.06 in each of the second, third and fourth quarters of 2017 and first quarter of 2018. The amount of $53 million corresponding to the first
          installment, $53 million corresponding to the second installment, $47 million corresponding to the third installment were paid as of December 31, 2017. The remaining portion of the third installment amounting to $7 million and the last
          installment of $53 million were paid in the first half of 2018.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z44354cb2a25d4a32a174c722ea80ccb0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">25.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Treasury Stock</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The treasury shares have been designated for allocation under the Company&#8217;s share based remuneration programs of unvested
          shares. Through March 30, 2019, 46,266,249 of these treasury shares were transferred to employees under the Company&#8217;s share based remuneration programs, of which 56,707 were transferred in the first three months of 2019<font style="font-size:
            10pt;">.</font></font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">On November 5, 2018, the Company announced a three years buy-back program of up to $750 million. During the first quarter
          of 2019, the Company also repurchased 4.0 million shares of its common stock for a total of $61 million, under the share buy-back program, reflected at cost, as a reduction of the parent company stockholders&#8217; equity.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As of March 30, 2019, the Company held 16,762,129 treasury shares.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z37a58fa05eb6464a83fdeeedcdc46fd4" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">26.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Contingencies, Claims and Legal proceedings</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company is subject to possible loss contingencies arising in the ordinary course of business. These include but are
          not limited to: warranty cost on the products of the Company, breach of contract claims, claims for unauthorized use of third-party intellectual property, tax claims beyond assessed uncertain tax positions as well as claims for environmental
          damages. In determining loss contingencies, the Company considers the likelihood of impairing an asset or the incurrence of a liability at the date of the financial statements as well as the ability to reasonably estimate the amount of such loss.
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-22</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company records a provision for a loss contingency when information available before the financial statements are
          issued or are available to be issued indicates that it is probable that an asset has been impaired or a liability has been incurred at the date of the financial statements and when the amount of loss can be reasonably estimated. The Company
          regularly reevaluates claims to determine whether provisions need to be readjusted based on the most current information available to the Company. Changes in these evaluations could result in an adverse material impact on the Company&#8217;s results of
          operations, cash flows or its financial position for the period in which they occur.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company has received and may in the future receive communications alleging possible infringements of third party
          patents or other third party intellectual property rights. Furthermore, the Company from time to time enters into discussions regarding a broad patent cross license arrangement with other industry participants. There is no assurance that such
          discussions may be brought to a successful conclusion and result in the intended agreement. The Company may become involved in costly litigation brought against the Company regarding patents, mask works, copyrights, trademarks or trade secrets.
          In the event that the outcome of any litigation would be unfavorable to the Company, the Company may be required to take a license to third party patents and/or other intellectual property rights at economically unfavorable terms and conditions,
          and possibly pay damages for prior use and/or face an injunction, all of which individually or in the aggregate could have a material adverse effect on the Company&#8217;s results of operations, cash flows, financial position and/or ability to compete.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company is otherwise also involved in various lawsuits, claims, investigations and proceedings incidental to its
          business and operations.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company regularly evaluates claims and legal proceedings together with their related probable losses to determine
          whether they need to be adjusted based on the current information available to the Company. There can be no assurance that its recorded provisions will be sufficient to cover the extent of its potential liabilities. Legal costs associated with
          claims are expensed as incurred. In the event of litigation which is adversely determined with respect to the Company&#8217;s interests, or in the event the Company needs to change its evaluation of a potential third-party claim, based on new evidence
          or communications, a material adverse effect could impact its operations or financial condition at the time it were to materialize.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As of March 30, 2019, provisions for estimated probable losses with respect to claims and legal proceedings were not
          considered material.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z8a63eea1d989420188113d52b194f608" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">27.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Derivative Instruments and Hedging Activities</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company is exposed to changes in financial market conditions in the normal course of business due to its operations in
          different foreign currencies and its ongoing investing and financing activities. The Company&#8217;s activities expose it to a variety of financial risks, such as market risk, credit risk and liquidity risk. The Company uses derivative financial
          instruments to hedge certain risk exposures. The primary risk managed by using derivative instruments is foreign currency exchange risk.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;"><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt; font-family: &quot;Times New Roman&quot;;" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-family: &quot;Times New Roman&quot;;
          font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Foreign currency exchange risk</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency forward contracts and currency options are entered into to reduce exposure to changes in exchange rates on the
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-style: italic; color: rgb(0, 0, 0);">Derivative Instruments Not Designated as a Hedge</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company conducts its business on a global basis in various major international currencies. As a result, the Company is
          exposed to adverse movements in foreign currency exchange rates, primarily with respect to the Euro. Foreign exchange risk mainly arises from future commercial transactions and recognized assets and liabilities in the Company&#8217;s subsidiaries.
          Management has set up a policy to require the Company&#8217;s subsidiaries to hedge their entire foreign exchange risk exposure with the Company through financial instruments transacted or overseen by Corporate Treasury. To manage their foreign
          exchange risk arising from foreign-currency-denominated assets and liabilities, the Company and its subsidiaries use forward contracts and purchased currency options. Foreign exchange risk arises from exchange rate fluctuations on assets and
          liabilities denominated in a currency that is not the entity&#8217;s functional currency. These instruments do not qualify as hedging instruments for accounting purposes and are marked-to-market at each period-end with the associated changes in fair
          value recognized in &#8220;Other income and expenses, net&#8221; in the consolidated statements of income.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-23</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-style: italic; color: rgb(0, 0, 0);">Cash Flow Hedge</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">To further reduce its exposure to U.S. dollar exchange rate fluctuations, the Company hedges through the use of currency
          forward contracts and currency options, including collars, certain Euro-denominated forecasted intercompany transactions that cover at reporting date a large part of its research and development, selling, general and administrative expenses as
          well as a portion of its front-end manufacturing costs of semi-finished goods. The Company also hedges through the use of currency forward contracts certain forecasted manufacturing transactions denominated in Singapore dollars.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">These derivative instruments are designated as and qualify for cash flow hedge. They are reflected at fair value in the
          consolidated balance sheets. The criteria for designating a derivative as a hedge include the instrument&#8217;s effectiveness in risk reduction and, in most cases, a one-to-one matching of the derivative instrument to its underlying transaction, which
          enables the Company to conclude, based on the fact that the critical terms of the hedging instruments match the terms of the hedged transactions, that changes in cash flows attributable to the risk being hedged are expected to be completely
          offset by the hedging derivatives. Currency forward contracts and currency options, including collars, used as hedges are highly effective at reducing the Euro/U.S. dollar and the Singapore dollar/U.S. dollar currency fluctuation risk and are
          designated as a hedge at the inception of the contract and on an ongoing basis over the duration of the hedge relationship. Effectiveness on transactions hedged through purchased currency options and collars is measured on the full fair value of
          the instrument, including the time value of the options. Ineffectiveness appears if the hedge relationship is not perfectly effective or if the cumulative gain or loss on the derivative hedging instrument exceeds the cumulative change on the
          expected cash flows on the hedged transactions. The whole change in fair value recorded on the hedging instrument is reported as a component of &#8220;Accumulated other comprehensive income (loss)&#8221; in the consolidated statements of equity and is
          reclassified into earnings in the same period in which the hedged transaction affects earnings, and within the same consolidated statement of income line item as the impact of the hedged transaction.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The principles regulating the hedging strategy for derivatives designated as cash flow hedge are established as follows:
          (i) for R&amp;D and Corporate costs, up to 80% of the total forecasted transactions; (ii) for manufacturing costs, up to 70% of the total forecasted transactions. The maximum length of time over which the Company could hedge its exposure to the
          variability of cash flows for forecasted transactions is 24 months.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As at March 30, 2019, the Company had the following outstanding derivative instruments that were entered into to hedge
          Euro-denominated and Singapore dollar-denominated forecasted transactions:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z42cea66193a74055875bbb13a2801923" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 37.74%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">In millions of Euros</font></div>
            </td>
            <td style="width: 30.19%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notional amount for hedge on forecasted R&amp;D and other operating expenses</font></div>
            </td>
            <td style="width: 32.08%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notional amount for hedge on forecasted manufacturing costs</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30.19%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 32.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Forward contracts</font></div>
            </td>
            <td style="width: 30.19%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">225</font></div>
            </td>
            <td style="width: 32.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">382</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency collars</font></div>
            </td>
            <td style="width: 30.19%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">226</font></div>
            </td>
            <td style="width: 32.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">340</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30.19%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 32.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: left; margin-left: 3.6pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">In millions of Singapore dollars</font></div>
            </td>
            <td style="width: 30.19%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notional amount for hedge on forecasted R&amp;D and other operating
                  expenses</font></div>
            </td>
            <td style="width: 32.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notional amount for hedge on forecasted manufacturing costs</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 30.19%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 32.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Forward contracts</font></div>
            </td>
            <td style="width: 30.19%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 32.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">163</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 37.74%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 30.19%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 32.08%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;"><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt; font-family: &quot;Times New Roman&quot;;" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-family: &quot;Times New Roman&quot;;
          font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Cash flow and fair value interest rate risk</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company&#8217;s interest rate risk arises from long-term borrowings. Borrowings issued at variable rates expose the Company
          to cash flow interest rate risk. Borrowings issued at fixed rates expose the Company to fair value interest rate risk. The Company analyzes its interest rate exposure on a dynamic basis. Various scenarios are simulated taking into consideration
          refinancing, renewal of existing positions, alternative financing and hedging. The Company invests primarily on a short-term basis and the majority of the Company&#8217;s liquidity is invested in floating interest rate instruments. As a consequence the
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160; <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-24</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Other market risk</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">As part of its ongoing investing activities, the Company might be exposed to equity security price risk. Therefore our
          procedures allow the Company to enter into certain hedging transactions.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">For a complete description of exposure to market risks, including credit risk, these interim financial statements should
          be read in conjunction with the Consolidated Financial Statements in the Company&#8217;s Annual Report on Form 20-F for the year ended December 31, 2018.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Information on fair value of derivative instruments and their location in the consolidated balance sheets as at March 30,
          2019 and December 31, 2018 is presented in the table below:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z8942bfbe2a5e499f84be23b0eceea6b2" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 28.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Asset Derivatives</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Balance sheet location</font></div>
            </td>
            <td style="width: 15.1%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Fair value</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Balance sheet location</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Fair value</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: bottom;">
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Derivatives designated as a hedge:</font></div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 15.1%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other current assets</font></div>
            </td>
            <td style="width: 15.1%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other current assets</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">2</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.1%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency collars</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other non-current assets</font></div>
            </td>
            <td style="width: 15.1%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other current assets</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-right: 7.2pt; margin-left: 0.7pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total derivatives designated as a hedge:</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">2</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 1.45pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Derivatives not designated as a hedge:</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15.1%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other current assets</font></div>
            </td>
            <td style="width: 15.1%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other current assets</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">3</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total derivatives not designated as a hedge:</font></div>
            </td>
            <td style="width: 21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15.1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">3</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.24%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total Derivatives</font></div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
            </td>
            <td style="width: 21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">5</font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z745617f9966b433ca81b8b011522fe73" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 28%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Liability Derivatives</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Balance sheet location</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Fair value</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Balance sheet location</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Fair value</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Derivatives designated as a hedge:</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other payables and accrued liabilities</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(25)</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other payables and accrued liabilities</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(22)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency collars</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other payables and accrued liabilities</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(11)</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other payables and accrued liabilities</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(11)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total derivatives designated as a hedge:</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(36)</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(33)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Derivatives not designated as a hedge:</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other payables and accrued liabilities</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other payables and accrued liabilities</font></div>
            </td>
            <td style="width: 15%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(1)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total derivatives not designated as a hedge:</font></div>
            </td>
            <td style="width: 21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 28%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total Derivatives</font></div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
            </td>
            <td style="width: 21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(36)</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(34)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-25</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The effect on the consolidated statements of income for the three months ended March 30, 2019 and March 31, 2018,
          respectively, and on the &#8220;Accumulated Other comprehensive income (loss)&#8221; (&#8220;AOCI&#8221;) as reported in the statements of equity as at March 30, 2019 and December 31, 2018 of derivative instruments designated as cash flow hedge is presented in the table
          below:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z202e12364af845e1b932b74d15078f71" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 26%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Gain (loss) deferred in OCI on derivative</font></div>
            </td>
            <td style="width: 21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Location of gain (loss) reclassified from OCI into earnings</font></div>
            </td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Gain (loss) reclassified from OCI into earnings</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 13%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 14%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">December 31, 2018</font></div>
            </td>
            <td style="width: 21%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 13%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 13%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(18)</font></div>
            </td>
            <td style="width: 14%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(18)</font></div>
            </td>
            <td style="width: 21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Cost of sales</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(10)</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">14</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
            <td style="width: 14%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Selling, general and administrative</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(7)</font></div>
            </td>
            <td style="width: 14%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(6)</font></div>
            </td>
            <td style="width: 21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Research and development</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(4)</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">6</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency collars</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center; margin-left: 3.6pt;"><font style="font-size: 10pt;">(10)</font></div>
            </td>
            <td style="width: 14%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(9)</font></div>
            </td>
            <td style="width: 21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Cost of sales</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(4)</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">8</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency collars</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center; margin-left: 3.6pt;"><font style="font-size: 10pt;">(1)</font></div>
            </td>
            <td style="width: 14%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Selling, general and administrative</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Currency collars</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center; margin-left: 3.6pt;"><font style="font-size: 10pt;">(4)</font></div>
            </td>
            <td style="width: 14%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(4)</font></div>
            </td>
            <td style="width: 21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Research and development</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(3)</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">3</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(42)</font></div>
            </td>
            <td style="width: 14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(39)</font></div>
            </td>
            <td style="width: 21%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 13%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(23)</font></div>
            </td>
            <td style="width: 13%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">34</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">A total $42 million loss deferred as at March 30, 2019 in AOCI is expected to be reclassified to earnings within the next
          twelve months.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">No amount was excluded from effectiveness measurement on foreign exchange forward contracts and currency collars.&#160; No
          ineffective portion of the cash flow hedge relationships was recorded on the hedge transactions that were settled in the first three months of 2019 and 2018. No ineffectiveness is to be reported on hedge transactions outstanding as at March 30,
          2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The effect on the consolidated statements of income for the three months ended March 30, 2019 of derivative instruments
          not designated as a hedge is presented in the table below:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zdc72d30100b7438fac3919526a338ddd" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 31.07%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 37.86%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Location of gain (loss) recognized in earnings</font></div>
            </td>
            <td colspan="2" style="width: 31.07%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Gain (loss) recognized in earnings</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 31.07%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 37.86%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 15.53%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 15.53%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 31.07%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Foreign exchange forward contracts</font></div>
            </td>
            <td style="width: 37.86%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other income and expenses, net</font></div>
            </td>
            <td style="width: 15.53%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 15.53%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">4</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 31.07%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total</font></div>
            </td>
            <td style="width: 37.86%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.53%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 15.53%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">4</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company did not enter into any derivative instrument containing credit-risk-related contingent features.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company entered into currency collars as combinations of two options, which are reported, for accounting purposes, on
          a net basis. The fair value of these collars represented liabilities for a net amount of $11 million (composed of $1 million asset with a $12 million liability) as at March 30, 2019. In addition, the Company entered into other derivative
          instruments, primarily forward contracts, which are governed by standard International Swaps and Derivatives Association (&#8220;ISDA&#8221;) agreements, which are not offset in the statement of financial position, and representing total assets of $2 million
          and total liabilities of $25 million as at March 30, 2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z08b8b4c299f040029181c00881cddaba" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">28.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Fair Value Measurements</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The table below details financial assets (liabilities) measured at fair value on a recurring basis as at March 30, 2019:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-26</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z78d0271bd68248a39fb37022f06e0738" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="3" style="width: 55.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Value Measurements using</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">March 30, 2019</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Significant Other Observable Inputs</font></div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">(Level 2)</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Significant Unobservable Inputs</font></div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">(Level 3)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Marketable securities &#8211; U.S. Treasury debt securities</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">331</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">331</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Equity securities measured at fair value through earnings</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">20</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">20</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Derivative assets designated as cash flow hedge</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">1</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Derivative assets not designated as cash flow hedge</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">1</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Derivative liabilities designated as cash flow hedge</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(36)</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(36)</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold;">Total</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">317</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">351</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">(34)</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">-</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The table below details financial assets (liabilities) measured at fair value on a recurring basis as at December 31,
          2018:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z1643f07ec8154187bdce3e2dfc2c17e3" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="3" style="width: 55.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Value Measurements using</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">December 31, 2018</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Quoted Prices in Active Markets for Identical Assets</font></div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">(Level 1)</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Significant Other Observable Inputs</font></div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">(Level 2)</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Significant Unobservable Inputs</font></div>
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">(Level 3)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt;">Marketable securities &#8211; U.S. Treasury debt securities</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">330</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">330</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt;">Equity securities measured at fair value through earnings</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">19</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">19</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt;">Derivative assets designated as cash flow hedge</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">2</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">2</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt;">Derivative liabilities designated as cash flow hedge</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(33)</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(33)</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt;">Derivative assets not designated as cash flow hedge</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">3</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">3</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt;">Derivative liabilities not designated as cash flow hedge</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(1)</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(1)</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 27.78%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold;">Total</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">320</font></div>
            </td>
            <td style="width: 20.37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">349</font></div>
            </td>
            <td style="width: 16.67%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">(29)</font></div>
            </td>
            <td style="width: 18.52%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">-</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">There was no material asset (liability) measured at fair value on a recurring basis using significant unobservable inputs
          (Level 3) as at March 30, 2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">For assets (liabilities) measured at fair value on a recurring basis using significant unobservable inputs (Level 3), the
          reconciliation between January 1, 2018 and March 31, 2018 is presented as follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z8a533aaf647b4125819146309f351a38" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 55.45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 44.55%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Fair Value Measurements using Significant Unobservable Inputs (Level 3)</font></div>
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 55.45%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">January 1, 2018</font></div>
            </td>
            <td style="width: 44.55%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(12)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 55.45%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 9pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Revaluation of contingent consideration on business combination</font></div>
            </td>
            <td style="width: 44.55%; vertical-align: top; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 55.45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
            <td style="width: 44.55%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">(12)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 55.45%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 44.55%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 55.45%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: justify;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Amount of total losses for the period included in earnings attributable to assets still held at the reporting date</font></div>
            </td>
            <td style="width: 44.55%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">No asset (liability) was measured at fair value on a non-recuring basis using significant unobservable inputs (Level 3) as
          March 31, 2019. On February 6, 2019, the Company acquired a majority stake in Swedish silicon carbide (SiC) wafer manufacturer Norstel AB (&#8220;Norstel&#8221;), as detailed in Note 15. </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-27</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The purchase price allocation on the assets acquired and assumed liabilities, measured at fair value, was determined by
          the Company with the assistance of a third party. This corresponds to a Level 3 fair value hierarchy measurement. The main asset that was identified separately corresponded to IP R&amp;D (technology-based intangible asset) and amounted to $85
          million. The fair value of the intangible asset was determined using the average of the replacement cost method and a discounted cash flow approach (&#8220;with and without method&#8221;) consisting in discounting at a 12.5% discount rate future cost
          savings, less capital expenditures necessary to produce silicon carbite wafers in-house over a 15-year period.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The following table includes additional fair value information on other financial assets and liabilities as at March 30,
          2019 and December 31, 2018:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z674bec0ad2384339a162e991e3d66522" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 23.07%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="width: 30.77%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at March 30, 2019</font></div>
            </td>
            <td colspan="2" style="width: 29.24%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">As at December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.07%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.92%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Level</font></div>
            </td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Carrying Amount</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Estimated Fair Value</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Carrying Amount</font></div>
            </td>
            <td style="width: 15.39%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Estimated Fair Value</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.07%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 13.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 13.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 15.39%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 23.07%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Cash equivalents<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            </td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1,600</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1,600</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">2,138</font></div>
            </td>
            <td style="width: 15.39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">2,138</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.07%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Long-term debt</font></div>
            </td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 13.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 13.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.39%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 23.07%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">- Bank loans (including current portion)</font></div>
            </td>
            <td style="width: 16.92%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2</font></div>
            </td>
            <td style="width: 16.92%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">863</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">863</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">594</font></div>
            </td>
            <td style="width: 15.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">594</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.07%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; text-indent: -3.6pt; margin-left: 3.6pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">- Senior unsecured convertible bonds<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font></div>
            </td>
            <td style="width: 16.92%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">1</font></div>
            </td>
            <td style="width: 16.92%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">1,325</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">1,557</font></div>
            </td>
            <td style="width: 13.85%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">1,316</font></div>
            </td>
            <td style="width: 15.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">1,501</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.07%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.92%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 13.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 13.85%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15.39%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>

      </table>
      <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1) </sup>Cash equivalents primarily correspond
          to deposits at call with banks.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup> The carrying amount of the senior
          unsecured convertible bonds issued on July 3, 2017 as reported above corresponds to the liability component only, since, at initial recognition, an amount of $242 million was recorded directly in shareholders&#8217; equity as the value of the equity
          instrument embedded in the issued convertible bonds. The initial recognition of the convertible bonds is further described in Note 22, Long-term Debt.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The table below details securities that were in an unrealized loss position as at March 30, 2019. The securities are
          segregated by investment type and length of time that the individual securities have been in a continuous unrealized position as at March 30, 2019.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z1917c088e8194867a10c465d171c00cd" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 25%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Less than 12 months</font></div>
            </td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">More than 12 months</font></div>
            </td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Total</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Description</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Values</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Unrealized Losses</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Values</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Unrealized Losses</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Values</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Unrealized Losses</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt;">U.S. Treasury Bonds</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">331</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">331</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt;">Total</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">331</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">331</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The table below details securities that were in an unrealized loss position as at December 31, 2018. The securities are
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z79af7e5c8c0141ef80c073bb39843391" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 25%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="6" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">December 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Less than 12 months</font></div>
            </td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">More than 12 months</font></div>
            </td>
            <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Total</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Description</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Values</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Unrealized Losses</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Values</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Unrealized Losses</font></div>
            </td>
            <td style="width: 12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Fair Values</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt;">Unrealized Losses</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt;">U.S. Treasury Bonds</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">330</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">330</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 3.6pt;"><font style="font-size: 10pt;">Total</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">-</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">330</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
            <td style="width: 12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">330</font></div>
            </td>
            <td style="width: 13.21%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt;">(2)</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The methodologies used to estimate fair value are as follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-28</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left; text-indent: 72pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Debt securities classified as available-for-sale</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The fair value of these debt securities is estimated based upon quoted market prices for identical instruments.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; text-indent: 72pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Foreign exchange forward contracts, currency options and collars</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The fair value of these instruments is estimated based upon quoted market prices for similar instruments.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; text-indent: 72pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Equity securities measured at fair value through earnings</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The fair value of these instruments is estimated based upon quoted market prices for the same instruments.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; text-indent: 72pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Equity securities carried at cost as a measurement alternative</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The non-recurring fair value measurement is based on the valuation of the underlying investments on a new round of third
          party financing or upon liquidation.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; text-indent: 72pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Long-term debt and current portion of long-term debt</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The fair value of bank loans is determined by estimating future cash flows on a borrowing-by-borrowing basis and
          discounting these future cash flows using the Company&#8217;s incremental borrowing rates for similar types of borrowing arrangements.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The senior unsecured convertible bonds have been trading on the open market segment of the Frankfurt Stock Exchange since
          their issuance on July 3, 2017. The fair value of these instruments is the observable price of the bonds on that market.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left; margin-left: 72pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Cash and cash equivalents, accounts receivable, short-term borrowings, and accounts
          payable</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The carrying amounts reflected in the consolidated financial statements are reasonable estimates of fair value due to the
          relatively short period of time between the origination of the instruments and their expected realization.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="ze4934e1e8be54b4bbdf225cec68a627b" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">29.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Revenues</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z6c7973564ab048409a8e297ebd434b4c" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 36pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">29.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Nature of goods and services</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company designs, develops, manufactures and markets a broad range of products, including discrete and standard
          commodity components, application-specific integrated circuits (&#8220;ASICs&#8221;), full-custom devices and semi-custom devices and application specific standard products (&#8220;ASSPs&#8221;) for analog, digital and mixed-signal applications. In addition, the Company
          participates in the manufacturing value chain of Smartcard products, which includes the production and sale of both silicon chips and Smartcards.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The principal activities &#8211; separated by reportable segments &#8211; from which the Company
            generates its </font>revenues are described in Note 30.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other revenues consist of license revenue, service revenue related to transferring licenses, patent royalty income, sale
          of scrap materials and manufacturing by-products.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">While the majority of the Company&#8217;s sales agreements contain standard terms and conditions, the Company may, from time to
          time, enter into agreements that contain multiple performance obligations or terms and conditions. Those agreements concern principally the revenues from services, where the performance obligation is satisfied over time. The objective when
          allocating the transaction price is to allocate the transaction price to each performance obligation (or distinct good or service) in an amount that depicts the amount of consideration to which the Company expects to be entitled in exchange for
          transferring the promised goods or services to the customer.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
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      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-29</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z7ec1a4364423469181b0e93760f201f7" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 36pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
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                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Revenue recognition and disaggregation</font></div>
                </td>
              </tr>

          </table>
        </div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company recognizes revenue from products sold to a customer, including distributors, when it satisfies a performance
          obligation at a point in time by transferring control over a product to the customer. This usually occurs at the time of shipment. The performance obligations linked to the sale of goods contracts have the original expected length of less than
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The payment terms typically range between 30 and 90 days.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company&#8217;s consolidated net revenues disaggregated by product group are presented in Note 30. The following tables
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zf287d50e670e4f079e9ab5e3c0f06c78" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="width: 33.15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 30, 2019</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><font style="font-size: 10pt; font-weight: bold;">Net revenues by geographical region of shipment</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">EMEA</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">620</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">613</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Americas</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">347</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">293</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Asia Pacific</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,109</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,320</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total revenues</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,076</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,226</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Net revenues by nature</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Revenues from sale of products</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2,035</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2,183</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Revenues from sale of services</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">36</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">31</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Other revenues</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">5</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">12</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total revenues</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,076</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,226</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"><font style="font-size: 10pt; font-weight: bold;">Net revenues by market channel</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Original Equipment Manufacturers (&#8220;OEM&#8221;)</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,364</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">1,398</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Distribution</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">712</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">828</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 66.85%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total revenues</font></div>
            </td>
            <td style="width: 16.56%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,076</font></div>
            </td>
            <td style="width: 16.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,226</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zef15048e03c041bbb29ddc82823d8e66" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;; font-size: 8pt;">
                  <div>Net revenues by geographical region of shipment are classified by location of customer invoiced or reclassified by shipment destination in line with customer demand. For example, products ordered by U.S.-based companies to be
                    invoiced to Asia Pacific affiliates are classified as Asia Pacific revenues.</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z11e2d2d2445e421281782f0360773e30" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;; font-size: 8pt;">
                  <div>Original Equipment Manufacturers (&#8220;OEM&#8221;) are the end-customers to which the Company provides direct marketing application engineering support, while Distribution customers refers to the distributors and representatives that the
                    Company engages to distribute its products around the world.</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z976d188ff7ea4b5c92d858f8d9b85c2c" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 36pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">29.3</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Practical Expedients and Exemptions</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected
          length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160; <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-30</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <div style="text-align: left;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zb02a8e023a9e4b06b358487d6128c252" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 12pt; font-weight: bold;">30.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 12pt; font-weight: bold;">Segment Reporting</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">The Company designs, develops, manufactures and markets a broad range of products, including discrete and standard commodity components,
          application-specific integrated circuits (&#8220;ASICs&#8221;), full custom devices and semi-custom devices and application-specific standard products (&#8220;ASSPs&#8221;) for analog, digital, and mixed-signal applications. In addition, the Company further participates
          in the manufacturing value chain of Smartcard products, which includes the production and sale of both silicon chips and Smartcards.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">The Company&#8217;s reportable segments are as follows:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z2838684cc0484a1b9b41d0aee706125a" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-family: Times New Roman">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt;"><font style="font-size: 10pt; font-style: italic;">Automotive</font>&#160;<font style="font-size: 10pt; font-style: italic;">and</font>&#160;<font style="font-size: 10pt; font-style: italic;">Discrete</font>&#160;<font style="font-size: 10pt; font-style: italic;">Group</font>&#160;<font style="font-size: 10pt; font-style: italic;">(ADG)</font>, comprised of dedicated automotive ICs (both digital and analog), and discrete and power transistor products
                      for all market segments.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z42eebbdd55464d9499b89f05432e8c44" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-family: Times New Roman">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt;"><font style="font-size: 10pt; font-style: italic;">Analog, MEMS</font>&#160;<font style="font-size: 10pt; font-style: italic;">and Sensors Group</font>&#160;<font style="font-size: 10pt; font-style: italic;">(AMS)</font>,
                      comprised of low-power high-end analog ICs (both custom and general purpose) for all markets, smart power products for Industrial, Computer and Consumer markets, Touch Screen Controllers, Low Power Connectivity solutions (both
                      wireline and wireless) for IoT, power conversion products, metering solutions for Smart Grid and all MEMS products for sensors or actuators, subsystems, as well as the Imaging Products division (including the sensors and modules
                      utilizing the Company&#8217;s Time-of-Flight technology).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z539fd4c38c224b5693ac01c65f374e5b" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;;"><font style="font-family: Times New Roman">&#9679;</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;;">
                  <div><font style="font-size: 10pt;"><font style="font-size: 10pt; font-style: italic;">Microcontrollers</font>&#160;<font style="font-size: 10pt; font-style: italic;">and</font>&#160;<font style="font-size: 10pt; font-style: italic;">Digital</font>&#160;<font style="font-size: 10pt; font-style: italic;">ICs</font>&#160;<font style="font-size: 10pt; font-style: italic;">Group</font>&#160;<font style="font-size: 10pt; font-style: italic;">(MDG)</font>, comprised of general purpose and secure
                      microcontrollers, EEPROM memories, Digital ASICs, Aerospace &amp; Defense products including components for microwave and millimeter wave.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">For the computation of the segments&#8217; internal financial measurements, the Company uses certain internal rules of allocation for the costs not
          directly chargeable to the segments, including cost of sales, selling, general and administrative expenses and a part of research and development expenses. In compliance with the Company&#8217;s internal policies, certain costs are not allocated to the
          segments, but reported in &#8220;Others&#8221;. Those include impairment, restructuring charges and other related closure costs, management reorganization expenses, unused capacity charges, phase-out and start-up costs of certain manufacturing facilities,
          certain one-time corporate items, strategic and special research and development programs or other corporate-sponsored initiatives, including certain corporate-level operating expenses, patent claims and litigations and certain other
          miscellaneous charges. In addition, depreciation and amortization expense is part of the manufacturing costs allocated to the segments and is neither identified as part of the inventory variation nor as part of the unused capacity charges;
          therefore, it cannot be isolated in the costs of goods sold. Finally, R&amp;D grants are allocated to the Company&#8217;s segments proportionally to the incurred R&amp;D expenses on the sponsored projects.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Wafer costs are allocated to the segments based on actual cost. From time to time, with respect to specific technologies, wafer costs are
          allocated to segments based on market price.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">The following tables present the Company&#8217;s consolidated net revenues and consolidated operating income by reportable segment.</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt;">Net revenues by reportable segment:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zb41178074dad488cbab773d2ac4d636b" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 64.82%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="width: 35.18%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.82%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 18.9%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">March 30, 2019</font></div>
            </td>
            <td style="width: 16.28%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.82%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Automotive and Discrete Group (ADG)</font></div>
            </td>
            <td style="width: 18.9%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">903</font></div>
            </td>
            <td style="width: 16.28%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">817</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.82%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Analog, MEMS and Sensors Group (AMS)</font></div>
            </td>
            <td style="width: 18.9%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">552</font></div>
            </td>
            <td style="width: 16.28%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">655</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.82%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Microcontrollers and Digital ICs Group (MDG)</font></div>
            </td>
            <td style="width: 18.9%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">617</font></div>
            </td>
            <td style="width: 16.28%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">750</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.82%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total net revenues of product segments</font></div>
            </td>
            <td style="width: 18.9%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,072</font></div>
            </td>
            <td style="width: 16.28%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,222</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.82%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Others</font></div>
            </td>
            <td style="width: 18.9%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">4</font></div>
            </td>
            <td style="width: 16.28%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">4</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.82%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total consolidated net revenues</font></div>
            </td>
            <td style="width: 18.9%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,076</font></div>
            </td>
            <td style="width: 16.28%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">2,226</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="text-align: left; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Operating income by reportable segment:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: normal; font-style: normal;">F-31</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;"> <br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z11a198d2e65940e7b0ccc9a6c63add92" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 64.31%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="width: 35.69%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.31%; vertical-align: middle; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">March 30, 2019</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.31%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Automotive and Discrete Group (ADG)</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">95</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">90</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.31%; vertical-align: middle; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Analog, MEMS and Sensors Group (AMS)</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">43</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">64</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Microcontrollers and Digital ICs Group (MDG)</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">83</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">146</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total operating income of product segments</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">221</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">300</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Others<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(10)</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(31)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 64.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total consolidated operating income</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">211</font></div>
            </td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">269</font></div>
            </td>
          </tr>

      </table>
      <div style="font-family: &quot;Times New Roman&quot;;"><br>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z380bbb5d9ba747d880ff595ff2ddb6c9" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 18pt; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="color: #000000;">(1)</font></sup></td>
                <td style="width: auto; vertical-align: top; text-align: justify; font-family: &quot;Times New Roman&quot;; font-size: 8pt;">
                  <div><font style="color: rgb(0, 0, 0);">Operating results of &#8220;Others&#8221; include items such as unused capacity charges, impairment &amp; restructuring charges and other related closure costs, management reorganization expenses, phase out and
                      start-up costs, and other unallocated expenses such as: strategic or special research and development programs, certain corporate-level operating expenses, patent claims and litigations, and other costs that are not allocated to
                      product groups, as well as assembly services and other revenue.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <div style="text-align: justify; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Reconciliation of operating income of segments to the total operating income:</font></div>
      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z698b8bda9ab9497cb879d66ad97c6172" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 63.69%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td colspan="2" style="width: 36.31%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Three months ended</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 63.69%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
            <td style="width: 19.04%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">March 30, 2019</font></div>
            </td>
            <td style="width: 17.26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;;">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold;">March 31, 2018</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 63.69%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total operating income of segments</font></div>
            </td>
            <td style="width: 19.04%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">221</font></div>
            </td>
            <td style="width: 17.26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">300</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 63.69%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: left; margin-left: 14.2pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Impairment, restructuring charges and other related closure costs</font></div>
            </td>
            <td style="width: 19.04%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">-</font></div>
            </td>
            <td style="width: 17.26%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(21)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 63.69%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: left; margin-left: 14.2pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Unallocated manufacturing results</font></div>
            </td>
            <td style="width: 19.04%; vertical-align: top; font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
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              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">2</font></div>
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          <tr>
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              <div style="text-align: left; margin-left: 14.2pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">Strategic and other research and development programs and other non-allocated provisions<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
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              <div style="text-align: center;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(12)</font></div>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total operating loss Others</font></div>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">Total consolidated operating income</font></div>
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              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">211</font></div>
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              <div style="text-align: center;"><font style="font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">269</font></div>
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      <div style="font-family: &quot;Times New Roman&quot;;">&#160;</div>
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                <td style="width: 18pt; vertical-align: top; font-family: &quot;Times New Roman&quot;; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="color: #000000;">(1)</font></sup></td>
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                  <div><font style="color: rgb(0, 0, 0);">Includes unallocated income and expenses such as certain corporate-level operating expenses and other costs/income that are not allocated to the product segments.</font></div>
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    <div style="text-align: center; line-height: 1.25; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-weight: bold;">SIGNATURES</font></div>
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                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-weight: bold;">STMicroelectronics N.V.</div>
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                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 35%; VERTICAL-ALIGN: top">
                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">&#160;</div>
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                <td style="width: 5%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
                <td style="width: 35%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
                <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
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                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">Date: &#160; May 1, 2019</div>
                </td>
                <td style="PADDING-BOTTOM: 2px; WIDTH: 5%; VERTICAL-ALIGN: top">
                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">By:</div>
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                <td style="BORDER-BOTTOM: black 2px solid; WIDTH: 35%; VERTICAL-ALIGN: top">
                  <div style="text-align: left; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-right: 19.3pt;">/s/ Jean-Marc Chery</div>
                </td>
                <td style="padding-bottom: 2px; width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
              </tr>
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                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 5%; VERTICAL-ALIGN: top">
                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 35%; VERTICAL-ALIGN: top">
                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">&#160;</div>
                </td>
                <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
              </tr>
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                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 5%; VERTICAL-ALIGN: top">
                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">Name:</div>
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                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-weight: bold;">Jean-Marc Chery</div>
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                <td style="width: 10%; vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
              </tr>
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                <td style="WIDTH: 50%; VERTICAL-ALIGN: top">
                  <div style="text-align: justify; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">&#160;</div>
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                  <div style="text-align: left; line-height: 1.25; font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-weight: bold;">President and Chief Executive Officer and Sole Member of our Managing Board</div>
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<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>2
<FILENAME>ss134765_1201.htm
<DESCRIPTION>VOLUNTARY CERTIFICATION
<TEXT>
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    </div>
    <div style="text-align: right; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Exhibit&#160;12.1</font></div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">VOLUNTARY CERTIFICATION</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">I, Jean-Marc Chery, certify that:</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">I have reviewed this report
        on Form&#160;6-K of STMicroelectronics N.V.;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Based on my knowledge,
        this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the
        period covered by this report;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Based on my knowledge, the
        Unaudited Interim Consolidated Statements of Income, Statements of Comprehensive Income, Balance Sheets, Statements of Cash Flow and Statements of Equity and related Notes, and other financial information included in this report, fairly present in
        all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The company&#8217;s other
        certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules&#160;13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act
        Rules&#160;13a-15(f) and 15(d)&#160;&#8211; 15(f)) for the company and have:</font></div>
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    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Designed

        such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known to
        us by others within those entities, particularly during the period in which this report is being prepared;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Designed

        such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
        financial statements for external purposes in accordance with generally accepted accounting principles;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Evaluated

        the effectiveness of the company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such
        evaluation; and</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Disclosed

        in this report any change in the company&#8217;s internal control over financial reporting that occurred during the period covered by the report that has materially affected, or is reasonably likely to materially affect, the company&#8217;s internal control
        over financial reporting;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The company&#8217;s other
        certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company&#8217;s auditors and the audit committee of the company&#8217;s board of directors (or persons performing the equivalent
        functions):</font></div>
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    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All
        significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the company&#8217;s ability to record, process, summarize and report financial
        information; and</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Any
        fraud, whether or not material, that involves management or other employees who have a significant role in the company&#8217;s internal control over financial reporting.</font></div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"> <br>
      </font></div>
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            <tr>
              <td style="WIDTH: 50%; VERTICAL-ALIGN: top">&#160;</td>
              <td style="WIDTH: 5%; VERTICAL-ALIGN: top">&#160;</td>
              <td style="WIDTH: 35%; VERTICAL-ALIGN: top">&#160;</td>
              <td style="WIDTH: 10%; VERTICAL-ALIGN: top">&#160;</td>
            </tr>
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              <td style="PADDING-BOTTOM: 2px; WIDTH: 50%; VERTICAL-ALIGN: top">
                <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Date: &#160; May 1, 2019</div>
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              </td>
              <td style="BORDER-BOTTOM: black 2px solid; WIDTH: 35%; VERTICAL-ALIGN: top">
                <div style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; MARGIN-RIGHT: 19.3pt">/s/ Jean-Marc Chery</div>
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              <td style="PADDING-BOTTOM: 2px; WIDTH: 10%; VERTICAL-ALIGN: top">&#160;</td>
            </tr>
            <tr>
              <td style="WIDTH: 50%; VERTICAL-ALIGN: top">
                <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
              </td>
              <td style="WIDTH: 5%; VERTICAL-ALIGN: top">
                <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
              </td>
              <td style="WIDTH: 35%; VERTICAL-ALIGN: top">
                <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
              </td>
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                <div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Jean-Marc Chery</div>
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              <td style="WIDTH: 50%; VERTICAL-ALIGN: top">
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.2
<SEQUENCE>3
<FILENAME>ss134765_1202.htm
<DESCRIPTION>VOLUNTARY CERTIFICATION
<TEXT>
<html>
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<body style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;" bgcolor="#ffffff" text="#000000">
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    <div style="text-align: right; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Exhibit&#160;12.2</font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">VOLUNTARY CERTIFICATION</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">I, Lorenzo Grandi, certify that:</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">I have reviewed this
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Based on my knowledge,
        this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the
        period covered by this report;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Based on my knowledge, the
        Unaudited Interim Consolidated Statements of Income, Statements of Comprehensive Income, Balance Sheets, Statements of Cash Flow and Statements of Equity and related Notes, and other financial information included in this report, fairly present in
        all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The company&#8217;s other
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        Rules&#160;13a-15(f) and 15(d)&#160;&#8211; 15(f) for the company and have:</font></div>
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        such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known to
        us by others within those entities, particularly during the period in which this report is being prepared;</font></div>
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    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Designed

        such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
        financial statements for external purposes in accordance with generally accepted accounting principles;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Evaluated

        the effectiveness of the company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such
        evaluation; and</font></div>
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    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Disclosed

        in this report any change in the company&#8217;s internal control over financial reporting that occurred during the period covered by the report that has materially affected, or is reasonably likely to materially affect, the company&#8217;s internal control
        over financial reporting;</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The company&#8217;s other
        certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company&#8217;s auditors and the audit committee of the company&#8217;s board of directors (or persons performing the equivalent
        functions):</font></div>
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    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All
        significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the company&#8217;s ability to record, process, summarize and report financial
        information; and</font></div>
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    <div style="text-align: justify; margin-left: 54pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Any
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      </font></div>
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              <td style="PADDING-BOTTOM: 2px; WIDTH: 50%" valign="top">Date: &#160;&#160; May 1, 2019</td>
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              <td style="BORDER-BOTTOM: black 2px solid; WIDTH: 6%" colspan="2" nowrap="nowrap" valign="top">/s/ Lorenzo Grandi </td>
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              <td style="WIDTH: 50%" valign="top">&#160;</td>
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              <td style="TEXT-ALIGN: left; WIDTH: 6%" nowrap="nowrap" valign="top">Name: </td>
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                <div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Lorenzo Grandi</div>
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                <div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Chief Financial Officer</div>
                <div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">President, Finance, Infrastructure and Services</div>
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      <div>&#160;</div>
      &#160; <br>
    </div>
    <br>
    <hr style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.1
<SEQUENCE>4
<FILENAME>ss134765_1301.htm
<DESCRIPTION>VOLUNTARY CERTIFICATION OF JEAN-MARC CHERY
<TEXT>
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  <div>
    <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Exhibit&#160;13.1</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">VOLUNTARY CERTIFICATION OF JEAN-MARC CHERY, PRESIDENT AND CHIEF EXECUTIVE OFFICER AND SOLE MEMBER OF THE
        MANAGING BOARD OF STMICROELECTRONICS N.V. AND LORENZO GRANDI, CHIEF FINANCIAL OFFICER AND PRESIDENT, FINANCE, INFRASTRUCTURE AND SERVICES OF STMICROELECTRONICS N.V., PURSUANT TO SECTION 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In connection with the Report on Form&#160;6-K of STMicroelectronics N.V. (the &#8220;Company&#8221;) for the period ending March 30, 2019,
        as submitted to the Securities and Exchange Commission on the date hereof (the &#8220;Report&#8221;), the undersigned hereby certify that to the best of our knowledge:</font></div>
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    <div style="text-align: justify; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Report fully complies
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    <div style="line-height: 1.25">&#160;</div>
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      <div style="TEXT-ALIGN: justify">
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                  <td style="PADDING-BOTTOM: 2px; WIDTH: 50%" valign="top">Date:&#160;&#160; May 1, 2019<br>
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                  <td style="PADDING-BOTTOM: 2px; WIDTH: 4%" nowrap="nowrap" valign="top">By: </td>
                  <td style="BORDER-BOTTOM: black 2px solid; WIDTH: 6%" colspan="2" nowrap="nowrap" valign="top">/s/ Jean-Marc Chery</td>
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                <tr>
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                    <div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">President and Chief Executive Officer and Sole Member of our Managing Board </div>
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          <div>&#160;</div>
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                  <tr>
                    <td style="PADDING-BOTTOM: 2px; WIDTH: 50%" valign="top">Date:&#160;&#160; May 1, 2019<br>
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                    <td style="PADDING-BOTTOM: 2px; WIDTH: 4%" nowrap="nowrap" valign="top">By: </td>
                    <td style="BORDER-BOTTOM: black 2px solid; WIDTH: 6%" colspan="2" nowrap="nowrap" valign="top">/s/ Lorenzo Grandi </td>
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                  </tr>
                  <tr>
                    <td rowspan="1" style="WIDTH: 50%" valign="top">&#160;</td>
                    <td rowspan="1" style="WIDTH: 4%" valign="top">&#160;</td>
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                    <td style="WIDTH: 6%" nowrap="nowrap" valign="top">Title: </td>
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                    <td style="WIDTH: 50%" valign="top">&#160;</td>
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                    <td style="WIDTH: 10%" valign="top">&#160;</td>
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              </table>
            </div>
            <div>&#160;</div>
            <div> <br>
            </div>
            <div> <br>
            </div>
          </div>
        </div>
      </div>
    </div>
    <div>
      <hr style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
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</SEC-DOCUMENT>
