Table 2: Condensed consolidated balance sheet (unaudited)
| ($ in millions) | As of | ||||||||
| April 3, 2022 |
December 31,
2021 | April 4, 2021 | |||||||
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and cash equivalents | $ | 2,683 | $ | 2,830 | $ | 1,842 | |||
| Accounts receivable, net | 925 | 923 | 833 | ||||||
| Inventories, net | 1,311 | 1,189 | 1,056 | ||||||
| Other current assets | 356 | 286 | 293 | ||||||
| Total current assets | 5,275 | 5,228 | 4,024 | ||||||
| Non-current assets: | |||||||||
| Other non-current assets | 1,701 | 1,346 | 1,039 | ||||||
| Property, plant and equipment, net | 2,814 | 2,635 | 2,304 | ||||||
| Identified intangible assets, net | 1,577 | 1,694 | 2,057 | ||||||
| Goodwill | 9,954 | 9,961 | 9,968 | ||||||
| Total non-current assets | 16,046 | 15,636 | 15,368 | ||||||
| Total assets | 21,321 | 20,864 | 19,392 | ||||||
| LIABILITIES AND EQUITY | |||||||||
| Current liabilities: | |||||||||
| Accounts payable | 1,369 | 1,252 | 1,033 | ||||||
| Restructuring liabilities-current | 16 | 25 | 42 | ||||||
| Other current liabilities | 1,460 | 1,175 | 1,190 | ||||||
| Total current liabilities | 2,845 | 2,452 | 2,265 | ||||||
| Non-current liabilities: | |||||||||
| Long-term debt | 10,573 | 10,572 | 7,611 | ||||||
| Restructuring liabilities | 14 | 12 | 14 | ||||||
| Deferred tax liabilities | 53 | 57 | 85 | ||||||
| Other non-current liabilities | 1,076 | 1,001 | 896 | ||||||
| Total non-current liabilities | 11,716 | 11,642 | 8,606 | ||||||
| Non-controlling interests | 251 | 242 | 218 | ||||||
| Stockholders’ equity | 6,509 | 6,528 | 8,303 | ||||||
| Total equity | 6,760 | 6,770 | 8,521 | ||||||
| Total liabilities and equity | 21,321 | 20,864 | 19,392 | ||||||
