NXP Semiconductors Reports Second Quarter 2019 Results

 

       
NXP Semiconductors      
Table 2: Condensed consolidated balance sheet (unaudited)      
             
       
($ in millions)  As of
   June 30, 2019  March 31, 2019  July 1, 2018
       
Current assets:      
Cash and cash equivalents $  3,030 $  2,192 $  2,981
Accounts receivable, net    780    800    790
Assets held for sale    81    -    -
Inventories, net    1,144    1,241    1,326
Other current assets    396    387    414
Total current assets     5,431      4,620       5,511
             
Non-current assets:            
Other non-current assets       706       699       793
Property, plant and equipment, net       2,397       2,407       2,352
Identified intangible assets, net       3,737       4,094       5,127
Goodwill       8,788       8,852       8,861
Total non-current assets       15,628       16,052       17,133
             
Total assets       21,059       20,672       22,644
             
Current liabilities:            
Accounts payable       770       815       1,072
Restructuring liabilities-current       53       66       64
Other current liabilities       983       1,264       712
Short-term debt       1,177       1,117       2
Total current liabilities       2,983       3,262       1,850
             
Non-current liabilities:            
Long-term debt       7,361       6,223       5,341
Restructuring liabilities       -       4       9
Deferred tax liabilities       337       390       579
Other non-current liabilities       858       862       976
Total non-current liabilities       8,556       7,479       6,905
             
Non-controlling interests       195       190       159
Stockholders’ equity       9,325       9,741       13,730
Total equity       9,520       9,931       13,889
             
Total liabilities and equity       21,059       20,672       22,644
             

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