Freescale Semiconductor Announces Fourth Quarter and Full-Year 2014 Results

     
Freescale Semiconductor, Ltd.
Condensed Consolidated Balance Sheets
(Unaudited)
 
 
     
(in millions) Dec 31,

2014

Oct 3,

2014

Dec 31,

2013

ASSETS
Cash and cash equivalents $ 696 $ 737 $ 747
Accounts receivable, net 562 605 388
Inventory, net 745 715 733
Other current assets   166     157     127  
Total current assets 2,169 2,214 1,995
 
Property, plant and equipment, net 750 726 681
Intangible assets, net 59 54 52
Other assets, net   297     312     319  
Total assets $ 3,275   $ 3,306   $ 3,047  
 
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current portion of long-term debt and capital lease obligations $ 35 $ 35 $ 93
Accounts payable 413 454 398
Accrued liabilities and other   397     392     371  
Total current liabilities 845 881 862
 
Long-term debt 5,535 5,643 6,386
Other liabilities 476 375 393
 
Shareholders' deficit   (3,581 )   (3,593 )   (4,594 )
Total liabilities and shareholders' deficit $ 3,275   $ 3,306   $ 3,047  

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