Consolidated Balance Sheets - USD ($) shares in Millions, $ in Millions	Dec. 26, 2020	Dec. 28, 2019
Current assets:
Cash and cash equivalents	$ 1,595	$ 1,466
Short-term investments	695	37
Accounts receivable, net	2,066	1,859
Inventories	1,399	982
Receivables from related parties	10	20
Prepaid expenses and other current assets	378	233
Total current assets	6,143	4,597
Property and equipment, net	641	500
Operating lease right-of-use assets	208	205
Goodwill	289	289
Investment: equity method	63	58
Deferred tax assets	1,245	22
Other non-current assets	373	357
Total assets	8,962	6,028
Current liabilities:
Accounts payable	468	988
Payables to related parties	78	213
Accrued liabilities	1,796	1,084
Other current liabilities	75	74
Total current liabilities	2,417	2,359
Long-term debt, net	330	486
Long-term operating lease liabilities	201	199
Other long-term liabilities	177	157
Commitments and Contingencies (see Notes 16 and 17)
Stockholders equity:
Common Stock, Value, Issued	12	12
Additional paid-in capital	$ 10,544	$ 9,963
Treasury stock (shares)	6	5
Treasury Stock, Value	$ (131)	$ (53)
Accumulated deficit	(4,605)	(7,095)
Accumulated other comprehensive income	17	0
Total stockholders equity	5,837	2,827
Total liabilities and stockholders equity	$ 8,962	$ 6,028

Case 2.1 Intel Case The 2013 Intel Form 10-K can be found at the following Web site: www.pearsonhighered .com/fraser. Using the Form 10-K, answer the following questions: (a) Prepare a common-size balance sheet for Intel for all years presented. (b) Describe the types of assets Intel owns. Which assets are the most significant to the company? Using the notes to the financial statements, discuss the accounting methods used to value assets. What other information can be learned about the asset accounts om the notes? Have there been significant changes to the asset structure from 2012 to 2013? (c) Analyze the accounts receivable and allowance for doubtful accounts. (d) Describe the types of liabilities Intel has incurred. Which liabilities are the most significant to the company? Have there been significant changes to the liability and equity structure from 2012 to 2013? (e) Describe the commitments and contingencies of Intel. (f) Under which classification(s) are deferred taxes listed? What item is the most significant component of deferred taxes? (g) What equity accounts are included on the balance sheet of Intel