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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
$ in Millions
Sep. 27, 2020
USD ($)
shares
Dec. 31, 2019
USD ($)
shares
Current assets:    
Cash and cash equivalents $ 3,566 $ 1,045
Accounts receivable, net 755 667
Assets held for sale 0 50
Inventories, net 1,064 1,192
Other current assets 219 313
Total current assets 5,604 3,267
Non-current assets:    
Other non-current assets 924 732
Property, plant and equipment, net of accumulated depreciation of $4,110 and $3,742 2,255 2,448
Identified intangible assets, net of accumulated amortization of $6,843 and $5,764 2,380 3,620
Goodwill 9,959 9,949
Total non-current assets 15,518 16,749
Total assets 21,122 20,016
Current liabilities:    
Accounts payable 697 944
Restructuring liabilities-current 25 32
Other current liabilities 940 815
Short-term debt 1,749 0
Total current liabilities 3,411 1,791
Non-current liabilities:    
Long-term debt 7,607 7,365
Restructuring Reserve, Noncurrent 15 0
Deferred tax liabilities 136 282
Other non-current liabilities 880 923
Total non-current liabilities 8,638 8,570
Total liabilities 12,049 10,361
Equity:    
Non-controlling interests 197 214
Stockholders’ equity:    
Common stock, par value €0.20 per share: 64 64
Capital in excess of par value 15,314 15,184
Treasury shares, at cost : 36,518,520 shares (2019: 34,082,242 shares) (3,279) (3,037)
Accumulated other comprehensive income (loss) 90 75
Accumulated deficit (3,313) (2,845)
Total stockholders’ equity 8,876 9,441
Total equity 9,073 9,655
Total liabilities and equity 21,122 20,016
Accumulated depreciation $ 4,110 $ 3,742
Treasury shares (in shares) | shares 35,790,955 34,082,242