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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,692 $ 1,171
Receivables, net 1,274 1,855
Inventories, net 1,408 2,197
Contract assets 611 643
Prepaid and other current assets 224 247
Total current assets 5,209 6,113
Property, plant and equipment, net 1,927 2,354
Lease right-of-use assets, operating 371 444
Lease right-of-use assets, financing 195 230
Goodwill 1,493 2,807
Intangibles, net 527 852
Investment in unconsolidated affiliates 51 282
Other assets 156 67
Total assets 9,929 13,149
Current liabilities:    
Accounts payable 489 715
Accrued liabilities 863 949
Contract liabilities 354 427
Current portion of lease liabilities 110 114
Accrued income taxes 51 42
Total current liabilities 1,867 2,247
Long-term debt 1,834 1,989
Lease liabilities 612 674
Deferred income taxes 78 140
Other liabilities 259 253
Total liabilities 4,650 5,303
Commitments and contingencies
Stockholders’ equity:    
Common stock - par value $.01; 1 billion shares authorized; 388,255,374 and 385,886,682 shares issued and outstanding at December 31, 2020 and December 31, 2019 4 4
Additional paid-in capital 8,591 8,507
Accumulated other comprehensive loss (1,509) (1,423)
Retained earnings (1,876) 690
Total Company stockholders' equity 5,210 7,778
Noncontrolling interests 69 68
Total stockholders’ equity 5,279 7,846
Total liabilities and stockholders’ equity $ 9,929 $ 13,149