(in millions)
|
September 27,
|
|
June 28, 2024 |
|
December 31,
|
|||||||
Assets |
|
|
|
|
|
|||||||
Cash and cash equivalents |
$ |
2,470.2 |
|
|
$ |
2,231.0 |
|
|
$ |
2,483.0 |
|
|
Short-term investments |
|
300.0 |
|
|
|
450.0 |
|
|
|
— |
|
|
Receivables, net |
|
1,070.6 |
|
|
|
887.2 |
|
|
|
935.4 |
|
|
Inventories |
|
2,242.8 |
|
|
|
2,224.6 |
|
|
|
2,111.8 |
|
|
Other current assets |
|
461.1 |
|
|
|
532.2 |
|
|
|
382.1 |
|
|
Total current assets |
|
6,544.7 |
|
|
|
6,325.0 |
|
|
|
5,912.3 |
|
|
Property, plant and equipment, net |
|
4,383.7 |
|
|
|
4,372.5 |
|
|
|
4,401.5 |
|
|
| Goodwill |
|
1,587.9 |
|
|
|
1,577.6 |
|
|
|
1,577.6 |
|
|
| Intangible assets, net |
|
273.1 |
|
|
|
275.0 |
|
|
|
299.3 |
|
|
| Deferred tax assets |
|
725.8 |
|
|
|
679.1 |
|
|
|
600.8 |
|
|
| ROU financing lease assets |
|
41.1 |
|
|
|
41.7 |
|
|
|
42.4 |
|
|
| Other assets |
|
367.3 |
|
|
|
387.9 |
|
|
|
381.3 |
|
|
| Total assets |
$ |
13,923.6 |
|
|
$ |
13,658.8 |
|
|
$ |
13,215.2 |
|
|
| Liabilities and Stockholders’ Equity |
|
|
|
|
|
|||||||
| Accounts payable |
$ |
597.5 |
|
|
$ |
617.7 |
|
|
$ |
725.6 |
|
|
| Accrued expenses and other current liabilities |
|
734.3 |
|
|
|
684.3 |
|
|
|
663.2 |
|
|
| Current portion of financing lease liabilities |
|
0.4 |
|
|
|
0.4 |
|
|
|
0.8 |
|
|
| Current portion of long-term debt |
|
796.4 |
|
|
|
795.6 |
|
|
|
794.0 |
|
|
| Total current liabilities |
|
2,128.6 |
|
|
|
2,098.0 |
|
|
|
2,183.6 |
|
|
| Long-term debt |
|
2,547.2 |
|
|
|
2,545.7 |
|
|
|
2,542.6 |
|
|
| Deferred tax liabilities |
|
42.8 |
|
|
|
39.6 |
|
|
|
38.7 |
|
|
| Long-term financing lease liabilities |
|
22.4 |
|
|
|
21.7 |
|
|
|
22.4 |
|
|
| Other long-term liabilities |
|
578.6 |
|
|
|
595.4 |
|
|
|
627.3 |
|
|
| Total liabilities |
|
5,319.6 |
|
|
|
5,300.4 |
|
|
|
5,414.6 |
|
|
| ON Semiconductor Corporation stockholders’ equity: |
|
|
|
|
|
|||||||
| Common stock |
|
6.2 |
|
|
|
6.2 |
|
|
|
6.2 |
|
|
| Additional paid-in capital |
|
5,321.9 |
|
|
|
5,283.3 |
|
|
|
5,210.9 |
|
|
| Accumulated other comprehensive loss |
|
(49.1 |
) |
|
|
(56.8 |
) |
|
|
(45.2 |
) |
|
| Accumulated earnings |
|
7,741.0 |
|
|
|
7,339.3 |
|
|
|
6,548.1 |
|
|
| Less: Treasury stock, at cost |
|
(4,435.9 |
) |
|
|
(4,232.5 |
) |
|
|
(3,937.4 |
) |
|
| Total ON Semiconductor Corporation stockholders’ equity |
|
8,584.1 |
|
|
|
8,339.5 |
|
|
|
7,782.6 |
|
|
| Non-controlling interest |
|
19.9 |
|
|
|
18.9 |
|
|
|
18.0 |
|
|
| Total stockholders’ equity |
|
8,604.0 |
|
|
|
8,358.4 |
|
|
|
7,800.6 |
|
|
| Total liabilities and stockholders’ equity |
$ |
13,923.6 |
|
|
$ |
13,658.8 |
|
|
$ |
13,215.2 |
|
|
ON SEMICONDUCTOR CORPORATION
