Freescale Semiconductor Announces First Quarter 2015 Results

     
Freescale Semiconductor, Ltd.
Condensed Consolidated Balance Sheets
(Unaudited)
 
 
     
(in millions) Apr 3,

2015

Dec 31,

2014

Apr 4,

2014

ASSETS
Cash and cash equivalents $ 501 $ 696 $ 709
Accounts receivable, net 559 562 464
Inventory, net 749 745 724
Other current assets   174     166     147  
Total current assets 1,983 2,169 2,044
 
Property, plant and equipment, net 758 750 693
Intangible assets, net 55 59 51
Other assets, net   300     297     312  
Total assets $ 3,096   $ 3,275   $ 3,100  
 
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current portion of long-term debt and capital lease obligations $ 35 $ 35 $ 35
Accounts payable 425 413 447
Accrued liabilities and other   349     397     318  
Total current liabilities 809 845 800
 
Long-term debt 5,277 5,535 5,758
Other liabilities 464 476 393
 
Shareholders' deficit   (3,454 )   (3,581 )   (3,851 )
Total liabilities and shareholders' deficit $ 3,096   $ 3,275   $ 3,100  

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