ON SEMICONDUCTOR CORP
For the period ended Sep 27, 2024. Filed Oct 28, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2024 · Filed Oct 28, 2024
ON$69.11+9.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in millions, except share and per share data)
| September 27,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $2,470.2 | $2,483.0 |
| Short-term investments | 300.0 | — |
| Receivables, net | 1,070.6 | 935.4 |
| Inventories | 2,242.8 | 2,111.8 |
| Other current assets | 461.1 | 382.1 |
| Total current assets | 6,544.7 | 5,912.3 |
| Property, plant and equipment, net | 4,383.7 | 4,401.5 |
| Goodwill | 1,587.9 | 1,577.6 |
| Intangible assets, net | 273.1 | 299.3 |
| Deferred tax assets | 725.8 | 600.8 |
| ROU financing lease assets | 41.1 | 42.4 |
| Other assets | 367.3 | 381.3 |
| Total assets | $13,923.6 | $13,215.2 |
| Liabilities and Stockholders’ Equity | ||
| Accounts payable | $597.5 | $725.6 |
| Accrued expenses and other current liabilities | 734.3 | 663.2 |
| Current portion of financing lease liabilities | 0.4 | 0.8 |
| Current portion of long-term debt | 796.4 | 794.0 |
| Total current liabilities | 2,128.6 | 2,183.6 |
| Long-term debt | 2,547.2 | 2,542.6 |
| Deferred tax liabilities | 42.8 | 38.7 |
| Long-term financing lease liabilities | 22.4 | 22.4 |
| Other long-term liabilities | 578.6 | 627.3 |
| Total liabilities | 5,319.6 | 5,414.6 |
| Commitments and contingencies (Note 9) | ||
| ON Semiconductor Corporation stockholders’ equity: | ||
| Common stock ($0.01 par value, 1,250,000,000 shares authorized, 622,306,537 and 616,281,996 issued, 425,645,765 and 426,386,426 outstanding, respectively) | 6.2 | 6.2 |
| Additional paid-in capital | 5,321.9 | 5,210.9 |
| Accumulated other comprehensive loss | (49.1) | (45.2) |
| Accumulated earnings | 7,741.0 | 6,548.1 |
| Less: Treasury stock, at cost: 196,660,772 and 189,895,570 shares, respectively | (4,435.9) | (3,937.4) |
| Total ON Semiconductor Corporation stockholders’ equity | 8,584.1 | 7,782.6 |
| Non-controlling interest | 19.9 | 18.0 |
| Total stockholders’ equity | 8,604.0 | 7,800.6 |
| Total liabilities and stockholders’ equity | $13,923.6 | $13,215.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.