Guarantor and Non-Guarantor Statements (Tables)

3 Months Ended

Mar. 29, 2013

Mar. 30, 2012

Guarantor And Non-Guarantor Statements [Abstract]

Guarantor and Non-Guarantor Consolidated Statement Of Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET AS OF MARCH 29, 2013 (in millions)
	Issuer			Guarantor
	ON Semiconductor Corporation			SCI LLC			Other Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Cash and cash equivalents	$	—		$	343.3		$	—		$	193.7		$	—		$	537.0
Short-term investments	—			77.3			—			—			—			77.3
Receivables, net	—			51.0			—			316.2			—			367.2
Inventories	—			38.0			—			548.1			(24.7		)	561.4
Short-term intercompany receivables	—			13.7			3.4			—			(17.1		)	—
Other current assets	—			10.7			0.1			54.6			—			65.4
Deferred income taxes	—			1.6			—			7.6			—			9.2
Total current assets	—			535.6			3.5			1,120.2			(41.8		)	1,617.5
Property, plant and equipment, net	—			262.7			2.7			831.1			(2.3		)	1,094.2
Deferred income taxes	—			—			—			8.9			22.7			31.6
Goodwill	—			111.7			37.2			35.7			—			184.6
Intangible assets, net	—			124.5			—			148.9			(24.9		)	248.5
Long-term intercompany receivables	—			1.2			—			—			(1.2		)	—
Other assets	1,786.5			1,446.5			131.1			835.2			(4,143.0		)	56.3
Total assets	$	1,786.5		$	2,482.2		$	174.5		$	2,980.0		$	(4,190.5	)	$	3,232.7
Accounts payable	$	—		$	32.6		$	0.1		$	230.3		$	—		$	263.0
Accrued expenses	—			48.1			0.8			152.4			1.7			203.0
Income taxes payable	—			(2.4		)	—			5.8			—			3.4
Accrued interest	3.3			1.8			—			—			—			5.1
Deferred income on sales to distributors	—			34.6			—			99.2			—			133.8
Deferred income taxes	—			—			—			0.2			22.7			22.9
Current portion of long-term debt	69.6			79.6			0.1			93.5			—			242.8
Short-term intercompany payables	—			—			—			17.1			(17.1		)	—
Total current liabilities	72.9			194.3			1.0			598.5			7.3			874.0
Long-term debt	330.0			333.5			—			43.3			—			706.8
Other long-term liabilities	—			29.5			0.3			185.4			—			215.2
Deferred income taxes	—			1.6			—			21.2			—			22.8
Long-term intercompany payables	—			—			—			1.2			(1.2		)	—
Total liabilities	402.9			558.9			1.3			849.6			6.1			1,818.8
Common stock	5.1			0.3			50.9			201.6			(252.8		)	5.1
Additional paid-in capital	3,167.8			2,479.2			259.2			1,402.9			(4,141.3		)	3,167.8
Accumulated other comprehensive loss	(50.4		)	(51.4		)	—			(43.3		)	94.7			(50.4		)
Accumulated deficit	(1,270.3		)	(504.8		)	(136.9		)	569.2			72.5			(1,270.3		)
Less: treasury stock, at cost	(468.6		)	—			—			—			—			(468.6		)
Total ON Semiconductor Corporation stockholders’ equity	1,383.6			1,923.3			173.2			2,130.4			(4,226.9		)	1,383.6
Non-controlling interest in consolidated subsidiary	—			—			—			—			30.3			30.3
Total equity	1,383.6			1,923.3			173.2			2,130.4			(4,196.6		)	1,413.9
Total liabilities and equity	$	1,786.5		$	2,482.2		$	174.5		$	2,980.0		$	(4,190.5	)	$	3,232.7

CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2012 (in millions)
	Issuer			Guarantor
	ON Semiconductor Corporation			SCI LLC			Other Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Cash and cash equivalents	$	—		212.1			—			$	274.8		—			$	486.9
Short-term investments	—			144.8			—			—			—			144.8
Receivables, net	—			45.4			—			312.4			—			357.8
Inventories	—			34.5			—			578.4			(31.2		)	581.7
Short-term intercompany receivables	—			—			3.3			17.2			(20.5		)	—
Other current assets	—			10.6			—			101.1			—			111.7
Deferred income taxes	—			2.3			—			8.2			—			10.5
Total current assets	—			449.7			3.3			1,292.1			(51.7		)	1,693.4
Property, plant and equipment, net	—			272.0			2.8			830.9			(2.4		)	1,103.3
Deferred income taxes	—			—			—			8.5			22.7			31.2
Goodwill	—			111.7			37.2			35.7			—			184.6
Intangible assets, net	—			128.2			—			154.7			(25.9		)	257.0
Long-term intercompany receivables	—			310.8			51.0			—			(361.8		)	—
Other assets	1,834.9			1,287.1			78.5			827.3			(3,968.9		)	58.9
Total assets	$	1,834.9		$	2,559.5		$	172.8		$	3,149.2		$	(4,388.0	)	$	3,328.4
Accounts payable	$	—		$	24.1		—			255.4			—			$	279.5
Accrued expenses	—			53.0			0.9			172.7			1.7			228.3
Income taxes payable	—			—			—			4.9			—			4.9
Accrued interest	0.5			—			—			0.1			—			0.6
Deferred income on sales to distributors	—			34.2			—			100.3			—			134.5
Deferred income taxes	—			—			—			0.1			22.8			22.9
Current portion of long-term debt	198.9			80.2			0.1			74.4			—			353.6
Short-term intercompany payables	—			20.5			—			—			(20.5		)	—
Total current liabilities	199.4			212.0			1.0			607.9			4.0			1,024.3
Long-term debt	274.1			344.1			—			40.1			—			658.3
Other long-term liabilities	—			27.5			0.3			204.4			—			232.2
Deferred income taxes	—			2.4			—			20.5			—			22.9
Long-term intercompany payables	0.3			—			—			156.0			(156.3		)	—
Total liabilities	473.8			586.0			1.3			1,028.9			(152.3		)	1,937.7
Common stock	5.1			0.3			50.9			201.6			(252.8		)	5.1
Additional paid-in capital	3,156.4			2,549.3			259.2			1,402.9			(4,211.4		)	3,156.4
Accumulated other comprehensive loss	(41.1		)	(41.0		)	—			(34.6		)	75.6			(41.1		)
Accumulated deficit	(1,292.9		)	(535.1		)	(138.6		)	550.4			123.3			(1,292.9		)
Less: treasury stock, at cost	(466.4		)	—			—			—			—			(466.4		)
Total ON Semiconductor Corporation stockholders’ equity	1,361.1			1,973.5			171.5			2,120.3			(4,265.3		)	1,361.1
Non-controlling interest in consolidated subsidiary	—			—			—			—			29.6			29.6
Total equity	1,361.1			1,973.5			171.5			2,120.3			(4,235.7		)	1,390.7
Total liabilities and equity	$	1,834.9		$	2,559.5		$	172.8		$	3,149.2		$	(4,388.0	)	$	3,328.4

Guarantor and Non-Guarantor Consolidated Statement of Operations and Comprehensive Income [Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE QUARTER ENDED MARCH 29, 2013 (in millions)
	Issuer			Guarantor Subsidiaries
	ON Semiconductor Corporation			SCI LLC			Other Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Revenues	$	—		$	178.1		$	3.2	$	947.8		$	(468.1	)	$	661.0
Cost of revenues	—			112.3			0.2		819.2			(475.2		)	456.5
Gross profit	—			65.8			3.0		128.6			7.1			204.5
Operating Expenses:
Research and development	—			41.6			2.5		44.3			—			88.4
Selling and marketing	—			16.7			0.1		23.0			—			39.8
General and administrative	—			5.1			0.2		30.9			—			36.2
Amortization of acquisition related intangible assets	—			3.8			—		5.6			(1.0		)	8.4
Restructuring, asset impairments and other, net	—			1.0			—		(7.0		)	—			(6.0		)
Total operating expenses	—			68.2			2.8		96.8			(1.0		)	166.8
Operating income (loss)	—			(2.4		)	0.2		31.8			8.1			37.7
Other income (expenses), net:
Interest expense	(6.1		)	(2.4		)	—		(1.6		)	—			(10.1		)
Interest income	—			0.2			—		0.1			—			0.3
Other	—			7.8			—		(6.9		)	—			0.9
Loss on debt exchange	(3.1		)	—			—		—			—			(3.1		)
Equity in earnings	31.8			24.9			1.6		(0.1		)	(58.2		)	—
Other income (expenses), net	22.6			30.5			1.6		(8.5		)	(58.2		)	(12.0		)
Income before income taxes	22.6			28.1			1.8		23.3			(50.1		)	25.7
Income tax provision	—			2.2			—		(4.6		)	—			(2.4		)
Net income	22.6			30.3			1.8		18.7			(50.1		)	23.3
Net income attributable to non-controlling interest	—			—			—		—			(0.7		)	(0.7		)
Net income attributable to ON Semiconductor Corporation	$	22.6		$	30.3		$	1.8	$	18.7		$	(50.8	)	$	22.6
Comprehensive income attributable to ON Semiconductor Corporation	$	13.3		$	19.8		$	1.8	$	10.1		$	(31.7	)	$	13.3

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE QUARTER ENDED MARCH 30, 2012 (in millions)
	Issuer			Guarantor Subsidiaries
	ON Semiconductor Corporation			SCI LLC			Other Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Revenues	$	—		$	185.6		$	—		$	893.5		$	(334.7	)	$	744.4
Cost of revenues	—			116.1			0.2			708.1			(325.2		)	499.2
Gross profit	—			69.5			(0.2		)	185.4			(9.5		)	245.2
Operating Expenses:
Research and development	—			43.2			2.6			45.6			—			91.4
Selling and marketing	—			17.1			0.2			28.3			—			45.6
General and administrative	—			15.2			0.2			26.6			—			42.0
Amortization of acquisition related intangible assets	—			4.5			—			7.6			(1.0		)	11.1
Restructuring, asset impairments and other, net	—			—			—			11.5			—			11.5
Total operating expenses	—			80.0			3.0			119.6			(1.0		)	201.6
Operating income (loss)	—			(10.5		)	(3.2		)	65.8			(8.5		)	43.6
Other income (expenses), net:
Interest expense	(10.9		)	(2.3		)	—			(2.5		)	—			(15.7		)
Interest income	—			0.3			—			0.2			—			0.5
Other	—			6.2			—			(1.5		)	—			4.7
Equity in earnings	39.1			34.9			1.9			—			(75.9		)	—
Other income (expenses), net	28.2			39.1			1.9			(3.8		)	(75.9		)	(10.5		)
Income (loss) before income taxes	28.2			28.6			(1.3		)	62.0			(84.4		)	33.1
Income tax provision	—			8.5			—			(12.6		)	—			(4.1		)
Net income (loss)	28.2			37.1			(1.3		)	49.4			(84.4		)	29.0
Net income attributable to non-controlling interest	—			—			—			—			(0.8		)	(0.8		)
Net income (loss) attributable to ON Semiconductor Corporation	$	28.2		$	37.1		$	(1.3	)	$	49.4		$	(85.2	)	$	28.2
Comprehensive income (loss) attributable to ON Semiconductor Corporation	$	33.3		$	37.5		$	(1.3	)	$	54.1		$	(90.3	)	$	33.3

Guarantor and Non-Guarantor Consolidated Statement Of Operations, Comprehensive Income And Cash Flow

CONDENSED CONSOLIDATING STATEMENT CASH FLOWS FOR THE QUARTER ENDED MARCH 29, 2013 (in millions)
	Issuer			Guarantor Subsidiaries
	ON Semiconductor Corporation			SCI LLC			Other Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided by (used in) operating activities	$	—		$	(10.0	)	$	—	$	95.2		$	—		$	85.2
Cash flows from investing activities:
Purchases of property, plant and equipment	—			(3.9		)	—		(35.0		)	—			(38.9		)
Proceeds from sales of property, plant and equipment	—			0.1			—		7.9			—			8.0
Deposits utilized for purchases of property, plant and equipment	—			—			—		1.4			—			1.4
Proceeds from held-to maturity securities	—			73.5			—		—			—			73.5
Purchase of held-to-maturity securities	—			(6.0		)	—		—			—			(6.0		)
Contribution from (to) subsidiaries	75.9			—			—		—			(75.9		)	—
Net cash provided by (used in) investing activities	75.9			63.7			—		(25.7		)	(75.9		)	38.0
Cash flows from financing activities:
Intercompany loans	—			(213.3		)	—		213.3			—			—
Intercompany loan repayments	—			378.4			—		(378.4		)	—			—
Payments from (to) parent	—			(75.9		)	—		—			75.9			—
Proceeds from exercise of stock options	3.8			—			—		—			—			3.8
Payments of tax withholding for restricted shares	(2.2		)	—			—		—			—			(2.2		)
Proceeds from debt issuance	—			—			—		26.2			—			26.2
Payment of capital leases obligations	—			(10.3		)	—		(1.2		)	—			(11.5		)
Repayment of long-term debt	(77.5		)	(1.4		)	—		(2.6		)	—			(81.5		)
Net cash provided by (used in) financing activities	(75.9		)	77.5			—		(142.7		)	75.9			(65.2		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—		(7.9		)	—			(7.9		)
Net (decrease) increase in cash and cash equivalents	—			131.2			—		(81.1		)	—			50.1
Cash and cash equivalents, beginning of period	—			212.1			—		274.8			—			486.9
Cash and cash equivalents, end of period	$	—		$	343.3		$	—	$	193.7		$	—		$	537.0

CONDENSED CONSOLIDATING STATEMENT CASH FLOWS FOR THE QUARTER ENDED MARCH 30, 2012 (in millions)
	Issuers			Guarantor Subsidiaries
	ON Semiconductor Corporation			SCI LLC			Other Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided by (used in) operating activities	$	—		$	(31.3	)	$	(0.2	)	$	99.9		$	—		$	68.4
Cash flows from investing activities:
Purchases of property, plant and equipment	—			(11.2		)	(0.5		)	(38.7		)	—			(50.4		)
Proceeds from sales of property, plant and equipment	—			—			—			1.9			—			1.9
Deposits utilized for purchases of property, plant and equipment	—			—			—			(9.6		)	—			(9.6		)
Recovery from insurance on property, plant and equipment	—			—			—			11.5			—			11.5
Proceeds from held-to maturity securities	—			99.7			—			—			—			99.7
Purchase of held-to-maturity securities	—			(163.3		)	—			—			—			(163.3		)
Contribution from subsidiaries	0.5			—			—			—			(0.5		)	—
Net cash provided by (used in) investing activities	0.5			(74.8		)	(0.5		)	(34.9		)	(0.5		)	(110.2		)
Cash flows from financing activities:
Intercompany loans	—			(23.3		)	—			23.3			—			—
Intercompany loan repayments	—			70.2			—			(70.2		)	—			—
Payments from (to) parent	—			(0.5		)	—			—			0.5			—
Proceeds from exercise of stock options	4.8			—			—			—			—			4.8
Payments of tax withholding for restricted shares	(5.3		)	—			—			—			—			(5.3		)
Repurchase of common stock	—			—			—			—			—			—
Proceeds from debt issuance	—			—			—			2.0			—			2.0
Payment of capital leases obligations	—			(11.0		)	—			(0.4		)	—			(11.4		)
Repayment of long-term debt	—			(1.1		)	—			(14.5		)	—			(15.6		)
Net cash provided by (used in) financing activities	(0.5		)	34.3			—			(59.8		)	0.5			(25.5		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			(5.5		)	—			(5.5		)
Net (decrease) increase in cash and cash equivalents	—			(71.8		)	(0.7		)	(0.3		)	—			(72.8		)
Cash and cash equivalents, beginning of period	—			304.5			(0.2		)	348.6			—			652.9
Cash and cash equivalents, end of period	$	—		$	232.7		$	(0.9	)	$	348.3		$	—		$	580.1