Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

ON Semiconductor Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

	Mar 29, 2024	Dec 31, 2023	Sep 29, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jul 1, 2022	Apr 1, 2022	Dec 31, 2021	Oct 1, 2021	Jul 2, 2021	Apr 2, 2021	Dec 31, 2020	Oct 2, 2020	Jul 3, 2020	Apr 3, 2020	Dec 31, 2019	Sep 27, 2019	Jun 28, 2019	Mar 29, 2019
Accounts payable	665,800)	725,600)	911,300)	907,500)	976,200)	852,100)	791,700)	793,800)	725,300)	635,100)	599,300)	610,200)	605,000)	572,900)	534,200)	522,900)	503,900)	543,600)	534,100)	542,900)	583,300)
Accrued expenses and other current liabilities	678,100)	663,200)	665,400)	654,100)	666,000)	1,047,300)	766,700)	754,300)	670,400)	747,600)	641,800)	643,600)	588,300)	570,000)	567,300)	546,100)	542,600)	538,800)	730,900)	618,200)	603,400)
Current portion of financing lease liabilities	300)	800)	5,200)	7,000)	11,600)	14,200)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current portion of long-term debt	794,800)	794,000)	912,900)	912,100)	926,200)	147,800)	165,300)	165,200)	170,400)	160,700)	203,000)	201,300)	536,700)	531,600)	701,600)	695,600)	689,600)	736,000)	736,600)	105,700)	130,800)
Liabilities held-for-sale	—)	—)	—)	—)	—)	—)	37,300)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current liabilities	2,139,000)	2,183,600)	2,494,800)	2,480,700)	2,580,000)	2,061,400)	1,761,000)	1,713,300)	1,566,100)	1,543,400)	1,444,100)	1,455,100)	1,730,000)	1,674,500)	1,803,100)	1,764,600)	1,736,100)	1,818,400)	2,001,600)	1,266,800)	1,317,500)
Long-term debt, excluding current portion	2,544,100)	2,542,600)	2,541,100)	2,539,600)	2,538,000)	3,045,700)	3,046,500)	3,047,400)	3,035,400)	2,913,900)	2,910,500)	2,907,100)	2,806,900)	2,959,700)	3,537,600)	4,044,800)	4,043,000)	2,876,500)	2,878,800)	3,550,800)	2,639,000)
Deferred tax liabilities	37,300)	38,700)	35,100)	37,700)	36,600)	34,100)	30,500)	36,800)	40,900)	43,200)	46,800)	49,800)	53,900)	57,300)	62,600)	61,500)	60,800)	60,200)	59,800)	58,900)	54,100)
Long-term financing lease liabilities	21,300)	22,400)	21,600)	24,100)	24,000)	23,000)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other long-term liabilities	598,600)	627,300)	684,700)	677,000)	628,700)	607,300)	586,100)	581,100)	552,000)	521,100)	394,900)	378,000)	390,000)	418,400)	403,500)	397,600)	343,300)	346,300)	342,500)	350,100)	333,000)
Long-term liabilities	3,201,300)	3,231,000)	3,282,500)	3,278,400)	3,227,300)	3,710,100)	3,663,100)	3,665,300)	3,628,300)	3,478,200)	3,352,200)	3,334,900)	3,250,800)	3,435,400)	4,003,700)	4,503,900)	4,447,100)	3,283,000)	3,281,100)	3,959,800)	3,026,100)
Total liabilities	5,340,300)	5,414,600)	5,777,300)	5,759,100)	5,807,300)	5,771,500)	5,424,100)	5,378,600)	5,194,400)	5,021,600)	4,796,300)	4,790,000)	4,980,800)	5,109,900)	5,806,800)	6,268,500)	6,183,200)	5,101,400)	5,282,700)	5,226,600)	4,343,600)
Common stock, $0.01 par value	6,200)	6,200)	6,100)	6,100)	6,100)	6,100)	6,100)	6,100)	6,100)	6,000)	6,000)	6,000)	5,800)	5,700)	5,700)	5,700)	5,700)	5,700)	5,600)	5,600)	5,600)
Additional paid-in capital	5,243,900)	5,210,900)	4,745,800)	4,714,600)	4,633,600)	4,670,900)	4,598,800)	4,565,900)	4,533,300)	4,633,300)	4,498,500)	4,470,300)	4,161,000)	4,133,100)	3,877,600)	3,854,600)	3,830,300)	3,809,500)	3,779,100)	3,757,600)	3,722,500)
Accumulated other comprehensive loss	(52,200)	(45,200)	(44,900)	(37,400)	(29,600)	(23,200)	(23,400)	(29,300)	(26,400)	(40,600)	(48,600)	(52,200)	(55,900)	(57,600)	(63,400)	(67,600)	(66,500)	(54,300)	(55,600)	(53,400)	(43,700)
Accumulated earnings	7,001,100)	6,548,100)	5,985,400)	5,402,700)	4,826,100)	4,364,400)	3,760,100)	3,448,200)	2,992,400)	2,435,100)	2,009,200)	1,699,500)	1,515,400)	1,425,500)	1,336,500)	1,175,900)	1,177,300)	1,191,300)	1,134,800)	1,195,500)	1,093,700)
Treasury stock, at cost	(4,075,100)	(3,937,400)	(3,208,100)	(3,101,900)	(2,988,200)	(2,829,700)	(2,685,600)	(2,601,400)	(2,507,200)	(2,448,400)	(2,341,400)	(2,339,200)	(1,996,700)	(1,968,200)	(1,733,000)	(1,732,500)	(1,731,900)	(1,650,500)	(1,648,600)	(1,631,000)	(1,579,900)
Total ON Semiconductor Corporation stockholders’ equity	8,123,900)	7,782,600)	7,484,300)	6,984,100)	6,448,000)	6,188,500)	5,656,000)	5,389,500)	4,998,200)	4,585,400)	4,123,700)	3,784,400)	3,629,600)	3,538,500)	3,423,400)	3,236,100)	3,214,900)	3,301,700)	3,215,300)	3,274,300)	3,198,200)
Non-controlling interest	18,700)	18,000)	19,700)	19,500)	19,000)	18,500)	20,600)	20,600)	19,800)	19,000)	20,700)	20,000)	20,000)	19,600)	23,800)	23,200)	22,700)	22,400)	24,300)	23,600)	22,500)
Total stockholders’ equity	8,142,600)	7,800,600)	7,504,000)	7,003,600)	6,467,000)	6,207,000)	5,676,600)	5,410,100)	5,018,000)	4,604,400)	4,144,400)	3,804,400)	3,649,600)	3,558,100)	3,447,200)	3,259,300)	3,237,600)	3,324,100)	3,239,600)	3,297,900)	3,220,700)
Total liabilities and stockholders’ equity	13,482,900)	13,215,200)	13,281,300)	12,762,700)	12,274,300)	11,978,500)	11,100,700)	10,788,700)	10,212,400)	9,626,000)	8,940,700)	8,594,400)	8,630,400)	8,668,000)	9,254,000)	9,527,800)	9,420,800)	8,425,500)	8,522,300)	8,524,500)	7,564,300)

Accounts payable: Accounts payable showed moderate fluctuations with a general increasing trend from 583,300 thousand USD in March 2019 to a peak of 976,200 thousand USD in March 2023, before declining to 665,800 thousand USD by March 2024. This suggests periods of increased purchasing activity followed by a reduction in outstanding payables.
Accrued expenses and other current liabilities: These liabilities exhibited cyclical movements with some notable spikes, such as an increase to 1,047,300 thousand USD in December 2022, followed by declines. The overall trend indicates variability likely driven by operating cycles and expense recognition timing.
Current portion of financing lease liabilities: Beginning with negligible or missing data, this item appeared only from March 2023 onward, then declined from 14,200 thousand USD to 300 thousand USD by March 2024, indicating either repayment or reclassification of lease liabilities.
Current portion of long-term debt: This liability experienced high volatility, including a substantial peak of 926,200 thousand USD in March 2023 and generally elevated levels compared to earlier periods. The increase may reflect debt refinancing or upcoming maturities requiring reclassification to current liabilities.
Liabilities held-for-sale: Reported solely in one period (April 2022) at 37,300 thousand USD, then absent, indicating a possible disposal or reclassification event related to assets or business units.
Current liabilities: Current liabilities showed a notable spike during the periods around March 2023, reaching 2,580,000 thousand USD before declining to 2,139,000 thousand USD by March 2024. Variations correspond with movements in individual current liability components, including accounts payable and accrued expenses.
Long-term debt, excluding current portion: Long-term debt fluctuated around 3 billion USD across the years, with a marked increase in early 2020 reaching over 4 billion USD, followed by gradual decline closer to approximately 2.54 billion USD towards the latest periods, indicating debt repayment or restructuring.
Deferred tax liabilities: This liability exhibited a downward trend overall, declining from 54,100 thousand USD in March 2019 to fluctuating around 37,000 thousand USD in the recent quarters, reflecting potential changes in tax positions or timing differences.
Long-term financing lease liabilities: Data appeared only in later periods with relatively stable values near 20,000 to 24,000 thousand USD, signaling ongoing lease commitments classified as long-term.
Other long-term liabilities: These showed a general increasing tendency, rising from 333,000 thousand USD in early 2019 to approximately 598,600 thousand USD by March 2024. The consistent increase suggests growing obligations or accruals in this category over time.
Long-term liabilities: Long-term liabilities peaked in mid-2020 around 4.44 billion USD post-pandemic onset, then steadily decreased to about 3.2 billion USD in the latest period, reflecting reductions in long-term debt and possible repayments.
Total liabilities: Total liabilities experienced strong growth from 4.34 billion USD in March 2019 to a maximum exceeding 6.18 billion USD in April 2020, subsequently stabilizing near 5.34 billion USD by March 2024. This overall pattern indicates expansion followed by consolidation.
Common stock: Common stock increased marginally from 5,600 thousand USD to 6,200 thousand USD over the period, reflecting minor issuances or adjustments in par value.
Additional paid-in capital: Additional paid-in capital rose steadily from 3.72 billion USD in early 2019 to 5.24 billion USD in March 2024, indicative of equity financing or stock-based compensation increasing shareholder contributions.
Accumulated other comprehensive loss: Accumulated other comprehensive loss remained relatively stable with some fluctuations, generally ranging from -65,600 thousand USD to around -23,200 thousand USD, indicating ongoing unrealized losses on certain items such as foreign currency translation or hedging activities.
Accumulated earnings: Accumulated earnings showed continuous and substantial growth from approximately 1.09 billion USD to 7 billion USD, signaling consistent profitability or retained earnings accumulation over time.
Treasury stock: Treasury stock values increased in magnitude negatively from -1.58 billion USD to -4.08 billion USD, reflecting significant repurchases or holding of company shares, which reduces stockholders’ equity.
Total stockholders’ equity: Total stockholders’ equity exhibited a strong upward trend, growing from approximately 3.22 billion USD in early 2019 to over 8.14 billion USD by March 2024. This increase is driven primarily by retained earnings growth and additional paid-in capital despite increased treasury stock.
Non-controlling interest: Non-controlling interest values remained relatively stable, fluctuating around 18,000 to 25,000 thousand USD, indicating minor changes in ownership interests outside the parent company.
Total liabilities and stockholders’ equity: The sum of total liabilities and stockholders’ equity exhibited a steady increase, rising from 7.56 billion USD in March 2019 to about 13.48 billion USD by March 2024, demonstrating company growth and expansion of its financing base.

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ON Semiconductor Corp. (NASDAQ:ON)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data