v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 29, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,170 $ 3,292
Accounts receivable, net 1,071 1,032
Assets held for sale 294 0
Inventories, net 2,361 2,356
Other current assets 790 625
Total current assets 7,686 7,305
Non-current assets:    
Deferred tax assets 1,306 1,251
Other non-current assets 1,909 1,796
Property, plant and equipment, net of accumulated depreciation of $6,327 and $6,145 3,130 3,267
Identified intangible assets, net of accumulated amortization of $916 and $1,037 1,121 836
Goodwill 10,098 9,930
Total non-current assets 17,564 17,080
Total assets 25,250 24,385
Current liabilities:    
Accounts payable 892 1,017
Restructuring liabilities-current 65 147
Other current liabilities 1,471 1,434
Short-term debt 1,999 500
Total current liabilities 4,427 3,098
Non-current liabilities:    
Long-term debt 9,479 10,354
Restructuring liabilities 60 10
Other non-current liabilities 1,348 1,392
Total non-current liabilities 10,887 11,756
Total liabilities 15,314 14,854
Equity:    
Non-controlling interests 367 348
Stockholders’ equity:    
Common stock, par value €0.20 per share: 56 56
Capital in excess of par value 15,206 14,962
Treasury shares, at cost : 36,518,520 shares (2019: 34,082,242 shares) (4,441) (4,004)
Accumulated other comprehensive income (loss) 170 (17)
Accumulated deficit (1,422) (1,814)
Total stockholders’ equity 9,569 9,183
Total equity 9,936 9,531
Total liabilities and equity $ 25,250 $ 24,385