BROADCOM INC.

CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED

(IN MILLIONS)

May 5,

November 4,

2019

2018

ASSETS

Current assets:

   Cash and cash equivalents

$            5,328

$            4,292

   Trade accounts receivable, net

3,484

3,325

   Inventory

1,034

1,124

   Other current assets

831

366

Total current assets

10,677

9,107

Long-term assets:

   Property, plant and equipment, net

2,654

2,635

   Goodwill

36,662

26,913

   Intangible assets, net

20,188

10,762

   Other long-term assets

735

707

Total assets

$          70,916

$          50,124

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

   Accounts payable

$                759

$                811

   Employee compensation and benefits

478

715

   Current portion of long-term debt

3,537

-

   Other current liabilities

3,729

812

Total current liabilities

8,503

2,338

Long-term liabilities:

   Long-term debt

34,011

17,493

   Other long-term liabilities

6,230

3,636

Total liabilities

48,744

23,467

Stockholders' equity:

   Common stock and additional paid-in capital

22,288

23,285

   Retained earnings

-

3,487

   Accumulated other comprehensive loss

(116)

(115)

 Total stockholders' equity

22,172

26,657

   Total liabilities and stockholders' equity

$           70,916

$           50,124