CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 01, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 1,645.1	$ 1,352.6
Receivables, net	910.7	809.4
Inventories	1,496.0	1,379.5
Other current assets	315.6	240.1
Total current assets	4,367.4	3,781.6
Property, plant and equipment, net	2,559.4	2,524.3
Goodwill	1,936.7	1,937.5
Intangible assets, net	474.5	495.7
Deferred tax assets	349.3	366.3
Other assets	525.1	520.6
Total assets	10,212.4	9,626.0
Liabilities, Non-Controlling Interest and Stockholders’ Equity
Accounts payable	725.3	635.1
Accrued expenses and other current liabilities	670.4	747.6
Current portion of long-term debt	170.4	160.7
Total current liabilities	1,566.1	1,543.4
Long-term debt	3,035.4	2,913.9
Deferred tax liabilities	40.9	43.2
Other long-term liabilities	552.0	521.1
Total liabilities	5,194.4	5,021.6
Commitments and contingencies
ON Semiconductor Corporation stockholders’ equity:
Common stock ($0.01 par value, 1,250,000,000 shares authorized, 606,021,655 and 603,044,079 issued, 434,494,753 and 432,472,818 outstanding, respectively)	6.1	6.0
Additional paid-in capital	4,533.3	4,633.3
Accumulated other comprehensive loss	(26.4)	(40.6)
Accumulated earnings	2,992.4	2,435.1
Less: Treasury stock, at cost: 171,526,902 and 170,571,261 shares, respectively	(2,507.2)	(2,448.4)
Total ON Semiconductor Corporation stockholders’ equity	4,998.2	4,585.4
Non-controlling interest	19.8	19.0
Total stockholders' equity	5,018.0	4,604.4
Total liabilities and stockholders' equity	$ 10,212.4	$ 9,626.0