Freescale Semiconductor Announces Second Quarter 2013 Results

 
 
Freescale Semiconductor, Ltd.
Condensed Consolidated Balance Sheets
(Unaudited)
           
(in millions) Jun 28, Mar 29, Jun 29,
  2013     2013     2012  
ASSETS
Cash and cash equivalents $ 785 $ 767 $ 881
Accounts receivable, net 399 387 444
Inventory, net 737 764 820
Other current assets   164     158     192  
Total current assets 2,085 2,076 2,337
 
Property, plant and equipment, net 686 692 736
Intangible assets, net 60 63 82
Other assets, net   298     308     344  
Total assets $ 3,129   $ 3,139   $ 3,499  
 
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current portion of long-term debt and capital lease obligations $ 28 $ 28 $ 6
Accounts payable 372 324 369
Accrued liabilities and other   450     515     588  
Total current liabilities 850 867 963
 
Long-term debt 6,413 6,361 6,578
Other liabilities 449 451 456
 
Shareholders' deficit   (4,583 )   (4,540 )   (4,498 )
Total liabilities and shareholders' deficit $ 3,129   $ 3,139   $ 3,499  

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