Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
What is the retained earnings from this balance sheet? Current assets: ASSETS Cash and cash equivalents Short-term investments Accounts receivable, net Inventories Receivables from related
What is the retained earnings from this balance sheet?
Current assets: ASSETS Cash and cash equivalents Short-term investments Accounts receivable, net Inventories Receivables from related parties Prepaid expenses and other current assets Total current assets Property and equipment, net Operating lease right-of-use assets Goodwill Investment: equity method Deferred tax assets Other non-current assets Total assets Current liabilities: LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Payables to related parties Accrued liabilities Current portion of long-term debt, net Other current liabilities Total current liabilities Long-term debt, net of current portion Long-term operating lease liabilities Other long-term liabilities Commitments and Contingencies (see Notes 16 and 17) Stockholders' equity: Capital stock: Common stock, par value $0.01; shares authorized: 2,250; shares issued: 1,232 and 1,217; shares outstanding: 1,207 and 1,211 Additional paid-in capital Treasury stock, at cost (shares held: 25 and 6) Accumulated deficit Accumulated other comprehensive income (loss) Total stockholders' equity Total liabilities and stockholders' equity December 25, December 26, 2020 2021 (In millions, except par value amounts) $ 2,535 $ 1,595 1,073 695 2,706 2,066 1,955 1,399 2 10 312 378 8,583 6,143 702 641 367 208 289 289 69 63 931 1,245 1,478 373 12,419 $ 8,962 1,321 $ 468 85 78 2,424 1,796 312 98 75 4,240 2,417 1 330 348 201 333 177 12 12 11,069 10,544 (2,130) (1,451) (3) 7,497 12,419 $ $ $ $ (131) (4,605) 17 5,837 8,962Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started