Table 2: Condensed consolidated balance sheet (unaudited)
| ($ in millions) | As of | ||||||||
|
December 31,
2021 |
October 3,
2021 |
December 31,
2020 | |||||||
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and cash equivalents | $ | 2,830 | $ | 2,303 | $ | 2,275 | |||
| Accounts receivable, net | 923 | 979 | 765 | ||||||
| Inventories, net | 1,189 | 1,173 | 1,030 | ||||||
| Other current assets | 286 | 266 | 254 | ||||||
| Total current assets | 5,228 | 4,721 | 4,324 | ||||||
| Non-current assets: | |||||||||
| Other non-current assets | 1,346 | 1,070 | 1,013 | ||||||
| Property, plant and equipment, net | 2,635 | 2,510 | 2,284 | ||||||
| Identified intangible assets, net | 1,694 | 1,741 | 2,242 | ||||||
| Goodwill | 9,961 | 9,968 | 9,984 | ||||||
| Total non-current assets | 15,636 | 15,289 | 15,523 | ||||||
| Total assets | 20,864 | 20,010 | 19,847 | ||||||
| LIABILITIES AND EQUITY | |||||||||
| Current liabilities: | |||||||||
| Accounts payable | 1,252 | 1,140 | 991 | ||||||
| Restructuring liabilities-current | 25 | 30 | 60 | ||||||
| Other current liabilities | 1,175 | 1,269 | 966 | ||||||
| Short-term debt | — | 999 | — | ||||||
| Total current liabilities | 2,452 | 3,438 | 2,017 | ||||||
| Non-current liabilities: | |||||||||
| Long-term debt | 10,572 | 8,594 | 7,609 | ||||||
| Restructuring liabilities | 12 | 13 | 14 | ||||||
| Deferred tax liabilities | 57 | 84 | 85 | ||||||
| Other non-current liabilities | 1,001 | 909 | 971 | ||||||
| Total non-current liabilities | 11,642 | 9,600 | 8,679 | ||||||
| Non-controlling interests | 242 | 234 | 207 | ||||||
| Stockholders’ equity | 6,528 | 6,738 | 8,944 | ||||||
| Total equity | 6,770 | 6,972 | 9,151 | ||||||
| Total liabilities and equity | 20,864 | 20,010 | 19,847 | ||||||
