Consolidated Balance Sheets - USD ($) $ in Millions	Oct. 01, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 1,389.2	$ 1,080.7
Receivables, net	720.0	676.0
Inventories	1,327.6	1,251.4
Other current assets	205.0	176.0
Total current assets	3,641.8	3,184.1
Property, plant and equipment, net	2,427.8	2,512.3
Goodwill	1,662.7	1,663.4
Intangible assets, net	390.3	469.0
Deferred tax assets	382.1	429.0
Other assets	436.0	410.2
Total assets	8,940.7	8,668.0
Liabilities, Non-Controlling Interest and Stockholders’ Equity
Accounts payable	599.3	572.9
Accrued expenses and other current liabilities	641.8	570.0
Current portion of long-term debt	203.0	531.6
Total current liabilities	1,444.1	1,674.5
Long-term debt	2,910.5	2,959.7
Deferred tax liabilities	46.8	57.3
Other long-term liabilities	394.9	418.4
Total liabilities	4,796.3	5,109.9
Commitments and contingencies (Note 10)
ON Semiconductor Corporation stockholders’ equity:
Common stock ($0.01 par value, 1,250,000,000 shares authorized, 599,738,476 and 570,766,439 issued, 430,824,004 and 411,842,629 outstanding, respectively)	6.0	5.7
Additional paid-in capital	4,498.5	4,133.1
Accumulated other comprehensive loss	(48.6)	(57.6)
Accumulated earnings	2,009.2	1,425.5
Less: Treasury stock, at cost: 168,914,472 and 158,923,810 shares, respectively	(2,341.4)	(1,968.2)
Total ON Semiconductor Corporation stockholders’ equity	4,123.7	3,538.5
Non-controlling interest	20.7	19.6
Total stockholders' equity	4,144.4	3,558.1
Total liabilities and stockholders' equity	$ 8,940.7	$ 8,668.0