v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,988 $ 3,292
Accounts receivable, net 1,060 1,032
Inventories, net 2,350 2,356
Other current assets 627 625
Total current assets 8,025 7,305
Non-current assets:    
Deferred Income Tax Assets, Net 1,284 1,251
Other non-current assets 1,942 1,796
Property, plant and equipment, net of accumulated depreciation of $6,269 and $6,145 3,210 3,267
Identified intangible assets, net of accumulated amortization of $952 and $1,037 777 836
Goodwill 9,942 9,930
Total non-current assets 17,155 17,080
Total assets 25,180 24,385
Current liabilities:    
Accounts payable 863 1,017
Restructuring liabilities-current 75 147
Other current liabilities 1,412 1,434
Short-term debt 1,499 500
Total current liabilities 3,849 3,098
Non-current liabilities:    
Long-term debt 10,226 10,354
Restructuring liabilities 4 10
Other non-current liabilities 1,424 1,392
Total non-current liabilities 11,654 11,756
Total liabilities 15,503 14,854
Equity:    
Non-controlling interests 355 348
Stockholders’ equity:    
Common stock, par value €0.20 per share: 56 56
Capital in excess of par value 15,093 14,962
Treasury shares, at cost : 36,518,520 shares (2019: 34,082,242 shares) (4,253) (4,004)
Accumulated other comprehensive income (loss) 29 (17)
Accumulated deficit (1,603) (1,814)
Total stockholders’ equity 9,322 9,183
Total equity 9,677 9,531
Total liabilities and equity $ 25,180 $ 24,385