Broadcom Reports Second Quarter 2015 Results

 


BROADCOM CORPORATION

Unaudited Condensed Consolidated Balance Sheets

(In millions)






June 30,
2015


December 31,
2014

ASSETS





Current assets:




Cash and cash equivalents

$

1,976



$

2,545


Short-term marketable securities

1,208



1,061


Accounts receivable, net

922



804


Inventory

612



531


Prepaid expenses and other current assets

145



131


Total current assets

4,863



5,072


Property and equipment, net

626



516


Long-term marketable securities

3,161



2,383


Goodwill

3,717



3,710


Purchased intangible assets, net

462



664


Other assets

161



126


Total assets

$

12,990



$

12,471






LIABILITIES AND SHAREHOLDERS' EQUITY





Current liabilities:




Accounts payable

$

594



$

503


Wages and related benefits

220



220


Deferred revenue and income

36



36


Accrued liabilities

696



791


Total current liabilities

1,546



1,550


Long-term debt

1,594



1,593


Other long-term liabilities

247



277


Commitments and contingencies




Shareholders' equity

9,603



9,051


Total liabilities and shareholders' equity

$

12,990



$

12,471



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