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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
$ in Millions
Oct. 03, 2021
USD ($)
shares
Dec. 31, 2020
USD ($)
shares
Sep. 27, 2020
USD ($)
Current assets:      
Cash and cash equivalents $ 2,303 $ 2,275  
Accounts receivable, net 979 765  
Inventories, net 1,173 1,030  
Other current assets 266 254  
Total current assets 4,721 4,324  
Non-current assets:      
Other non-current assets 1,070 1,013  
Property, plant and equipment, net of accumulated depreciation of $4,565 and $4,237 2,510 2,284  
Identified intangible assets, net of accumulated amortization of $7,441 and $7,007 1,741 2,242  
Goodwill 9,968 9,984  
Total non-current assets 15,289 15,523  
Total assets 20,010 19,847  
Current liabilities:      
Accounts payable 1,140 991  
Restructuring liabilities-current 30 60  
Other current liabilities 1,269 966  
Short-term debt 999   $ 0
Total current liabilities 3,438 2,017  
Non-current liabilities:      
Long-term debt 8,594 7,609  
Restructuring liabilities 13 14  
Deferred tax liabilities 84 85  
Other non-current liabilities 909 971  
Total non-current liabilities 9,600 8,679  
Total liabilities 13,038 10,696  
Equity:      
Non-controlling interests 234 207  
Stockholders’ equity:      
Common stock, par value €0.20 per share: 59 59  
Capital in excess of par value $ 14,392 $ 14,133  
Treasury shares (in shares) | shares 23,179,725 9,044,952  
Treasury shares, at cost : 36,518,520 shares (2019: 34,082,242 shares) $ (4,028) $ (1,037)  
Accumulated other comprehensive income (loss) 45 117  
Accumulated deficit (3,730) (4,328)  
Total stockholders’ equity 6,738 8,944  
Total equity 6,972 9,151 $ 9,073
Total liabilities and equity $ 20,010 $ 19,847