Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Paying user area

Try for free

NXP Semiconductors N.V. pages available for free this week:

The data is hidden behind: . Unhide it.

Get full access to the entire website from $10.42/mo, or
get 1-month access to NXP Semiconductors N.V. for $22.49.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

NXP Semiconductors N.V., consolidated balance sheet: assets

US$ in millions

		Dec 31, 2021		Dec 31, 2020		Dec 31, 2019		Dec 31, 2018		Dec 31, 2017
	Cash and cash equivalents
	Accounts receivables, net
	Assets held for sale
	Inventories, net
	Other current assets
	Current assets
	Other non-current assets
	Property, plant and equipment, net
	Identified intangible assets, net
	Goodwill
	Non-current assets
	Total assets

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

The analysis of the financial data over the five-year period reveals several noteworthy trends and changes in the company's asset composition and liquidity position.

Cash and Cash Equivalents: There is a notable decline in cash and cash equivalents from 3,547 million USD at the end of 2017 to 1,045 million USD in 2019. However, this is followed by a recovery in 2020 and 2021, reaching 2,830 million USD. This pattern indicates an initial reduction in liquidity possibly for investment or operational needs, with subsequent improvement.
Accounts Receivables, Net: Accounts receivable showed a decreasing trend from 879 million USD in 2017 to 667 million USD in 2019, followed by a pickup to 923 million USD in 2021. The dip and rebound suggest fluctuations in sales or collection efficiency throughout the period.
Assets Held for Sale: This item appears only in 2019 at 50 million USD, suggesting a one-time identification of assets intended for sale during that year, absent in other years.
Inventories, Net: Inventory levels remained relatively stable with a slight decrease in 2020 (1,030 million USD) compared to previous years but increased again in 2021 (1,189 million USD). This could reflect adjustments in stock management or demand fluctuations.
Other Current Assets: There is a gradual decline from 382 million USD in 2017 to 254 million USD in 2020, followed by a modest increase in 2021 to 286 million USD, indicating a reduction in miscellaneous current asset holdings, partially reversed in the last year.
Current Assets: Total current assets show a decreasing trajectory from 6,044 million USD in 2017 to a low of 3,267 million USD in 2019, with improvement in 2020 and 2021 to 5,228 million USD. This overall trend aligns with cash and receivables behavior, reflecting shifts in liquidity and short-term asset management.
Other Non-Current Assets: This category dropped significantly from 981 million USD in 2017 to 545 million USD in 2018 but experienced a steady increase thereafter, reaching 1,346 million USD by 2021. The reversal suggests new investments or reclassification of asset types during later years.
Property, Plant and Equipment, Net: Property, plant, and equipment exhibited stability, ranging between 2,284 million USD and 2,635 million USD, with a slight dip in 2020 and recovery in 2021. This indicates consistent investment and maintenance of physical assets.
Identified Intangible Assets, Net: There is a consistent decline in identified intangible assets from 5,863 million USD in 2017 to 1,694 million USD in 2021. This significant reduction could arise from amortization, impairment, or disposals, markedly decreasing the intangible asset base over the period.
Goodwill: Goodwill remains relatively stable, fluctuating modestly between approximately 8,857 million USD and 9,961 million USD, indicating minimal impairment or acquisition-related changes affecting this intangible account.
Non-Current Assets: Non-current assets decreased from 18,005 million USD in 2017 to 15,523 million USD in 2020, with a slight recovery to 15,636 million USD in 2021. This suggests a moderate contraction in long-term asset holdings with some reinvestment in the recent year.
Total Assets: Total assets exhibited a declining trend from 24,049 million USD in 2017 to 19,847 million USD in 2020, followed by an increase to 20,864 million USD in 2021. The reduction aligns with decreases in both current and non-current assets until 2020, with partial recovery thereafter.

In summary, the data reflects a period of contraction in both current and non-current assets up to 2019-2020, with cash, receivables, and intangibles notably reduced. The subsequent years show a partial rebound in liquidity and asset levels, suggesting efforts to strengthen the balance sheet. The substantial decline in identified intangible assets contrasts with stable goodwill, implying different treatment or origins for these categories. Overall, the company appears to have managed a cycle of asset reduction followed by measured asset repositioning within the timeframe analyzed.

Assets: Selected Items

Download chart

Current Assets: Selected Items