Broadcom Reports Third Quarter 2015 Results

 

BROADCOM CORPORATION

Unaudited Condensed Consolidated Balance Sheets

(In millions)

       
 

September 30,
2015

 

December 31,
2014

ASSETS

             
       

Current assets:

     

Cash and cash equivalents

$

2,212

   

$

2,545

 

Short-term marketable securities

1,252

   

1,061

 

Accounts receivable, net

966

   

804

 

Inventory

552

   

531

 

Prepaid expenses and other current assets

131

   

131

 

Total current assets

5,113

   

5,072

 

Property and equipment, net

656

   

516

 

Long-term marketable securities

3,180

   

2,383

 

Goodwill

3,701

   

3,710

 

Purchased intangible assets, net

426

   

664

 

Other assets

159

   

126

 

Total assets

$

13,235

   

$

12,471

 
       

LIABILITIES AND SHAREHOLDERS' EQUITY

             
       

Current liabilities:

     

Accounts payable

$

516

   

$

503

 

Wages and related benefits

311

   

220

 

Deferred revenue and income

41

   

36

 

Accrued liabilities

553

   

791

 

Total current liabilities

1,421

   

1,550

 

Long-term debt

1,594

   

1,593

 

Other long-term liabilities

231

   

277

 

Commitments and contingencies

     

Shareholders' equity

9,989

   

9,051

 

Total liabilities and shareholders' equity

$

13,235

   

$

12,471

 

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