v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 29, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,708 $ 3,267
Accounts receivable, net 1,186 1,055
Assets held for sale 91 372
Inventories, net 2,523 2,577
Other current assets 644 669
Total current assets 8,152 7,940
Non-current assets:    
Deferred tax assets 1,238 1,213
Other non-current assets 3,037 2,584
Property, plant and equipment, net of accumulated depreciation of $6,457 and $6,366 respectively 2,901 2,977
Identified intangible assets, net of accumulated amortization of $775 and $820 respectively 1,505 1,547
Goodwill 10,280 10,299
Total non-current assets 18,961 18,620
Total assets 27,113 26,560
Current liabilities:    
Accounts payable 904 997
Restructuring liabilities-current 133 189
Other current liabilities 1,851 1,445
Short-term debt 750 1,250
Total current liabilities 3,638 3,881
Non-current liabilities:    
Long-term debt 10,974 10,972
Restructuring liabilities 76 81
Other non-current liabilities 1,151 1,175
Total non-current liabilities 12,201 12,228
Total liabilities 15,839 16,109
Equity:    
Non-controlling interests 347 395
Stockholders’ equity:    
Common stock, par value €0.20 per share: 56 56
Capital in excess of par value 15,537 15,424
Treasury shares, at cost: (4,341) (4,283)
Accumulated other comprehensive income (loss) 171 213
Accumulated deficit (496) (1,354)
Total stockholders’ equity 10,927 10,056
Total equity 11,274 10,451
Total liabilities and equity $ 27,113 $ 26,560