CONSOLIDATED BALANCE SHEETS € in Millions, $ in Millions	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Current assets:
Cash and cash equivalents	$ 3,862	$ 3,845
Deposits Assets, Current	409	0
Accounts receivables, net	894	960
Inventories, net	2,134	1,782
Other current assets	565	348
Total current assets	7,864	6,935
Non-current assets:
Other non-current assets	2,289	1,942
Property, Plant and Equipment, Net	3,323	3,105
Identified intangible assets, net	922	1,311
Goodwill	9,955	9,943
Total non-current assets	16,489	16,301
Total assets	24,353	23,236
Current liabilities:
Accounts payable	1,164	1,185
Restructuring liabilities - current	92	19
Other current liabilities	1,855	2,066
Short-term debt	1,000	0
Total current liabilities	4,111	3,270
Non-current liabilities:
Long-term debt	10,175	11,165
Restructuring liabilities - noncurrent	9	1
Deferred tax liabilities	44	45
Other non-current liabilities	1,054	1,015
Total non-current liabilities	11,282	12,226
Equity:
Non-controlling interests	316	291
Stockholders’ equity:
Common stock, par value €0.20 per share:, Authorized 430,503,000 shares (2018: 430,503,000 shares) Issued and fully paid: 315,519,638 shares (2018: 328,702,719 shares)	56	56
Capital in excess of par value	14,501	14,091
Treasury shares, at cost: 17,329,585 shares (2022: 15,056,232 shares)	(3,210)	(2,799)
Accumulated other comprehensive income (loss)	90	76
Accumulated deficit	(2,793)	(3,975)
Total Stockholders’ equity	8,644	7,449
Total equity	8,960	7,740
Total liabilities and equity	$ 24,353	$ 23,236