v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 28, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,454 $ 3,292
Short-term deposits 500 0
Accounts receivable, net 1,095 1,032
Assets held for sale 292 0
Inventories, net 2,452 2,356
Other current assets 716 625
Total current assets 8,509 7,305
Non-current assets:    
Deferred tax assets 1,313 1,251
Other non-current assets 2,186 1,796
Property, plant and equipment, net of accumulated depreciation of $6,434 and $6,145 3,086 3,267
Identified intangible assets, net of accumulated amortization of $846 and $1,037 1,139 836
Goodwill 10,121 9,930
Total non-current assets 17,845 17,080
Total assets 26,354 24,385
Current liabilities:    
Accounts payable 886 1,017
Restructuring liabilities-current 49 147
Other current liabilities 1,384 1,434
Short-term debt 1,264 500
Total current liabilities 3,583 3,098
Non-current liabilities:    
Long-term debt 10,971 10,354
Restructuring liabilities 60 10
Other non-current liabilities 1,313 1,392
Total non-current liabilities 12,344 11,756
Total liabilities 15,927 14,854
Equity:    
Non-controlling interests 382 348
Stockholders’ equity:    
Common stock, par value €0.20 per share: 56 56
Capital in excess of par value 15,324 14,962
Treasury shares, at cost : 36,518,520 shares (2019: 34,082,242 shares) (4,439) (4,004)
Accumulated other comprehensive income (loss) 167 (17)
Accumulated deficit (1,063) (1,814)
Total stockholders’ equity 10,045 9,183
Total equity 10,427 9,531
Total liabilities and equity $ 26,354 $ 24,385