Freescale Semiconductor Announces Second Quarter 2015 Results

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

2015

Apr 3,

2015

Jul 4,

2014

ASSETS
Cash and cash equivalents $ 588 $ 501 $ 744
Accounts receivable, net 560 559 583
Inventory, net 740 749 701
Other current assets   174     174     158  
Total current assets 2,062 1,983 2,186
 
Property, plant and equipment, net 761 758 707
Intangible assets, net 55 55 59
Other assets, net   287     300     313  
Total assets $ 3,165   $ 3,096   $ 3,265  
 
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current portion of long-term debt and capital lease obligations $ 35 $ 35 $ 35
Accounts payable 441 425 438
Accrued liabilities and other   329     349     379  
Total current liabilities 805 809 852
 
Long-term debt 5,169 5,277 5,750
Other liabilities 364 464 391
 
Shareholders' deficit   (3,173 )   (3,454 )   (3,728 )
Total liabilities and shareholders' deficit $ 3,165   $ 3,096   $ 3,265  

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