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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 3,009 $ 1,838
Accounts receivable, net 1,814 1,840
Inventories 1,715 1,667
Prepaid expenses and other current assets 672 614
Total current assets 7,210 5,959
Property, plant and equipment, net 4,406 4,530
Goodwill 2,847 3,002
Other intangible assets, net 1,365 1,410
Operating lease right-of-use assets 589  
Other non-current assets 882 819
Total assets 17,299 15,720
Current liabilities:    
Short-term debt 0 2
Current maturities of long-term debt and finance lease obligations 2 2
Accounts payable and accrued liabilities 2,609 2,810
Total current liabilities 2,611 2,814
Long-term debt and finance lease obligations 5,063 3,481
Operating lease liabilities 494  
Other non-current liabilities 1,514 1,559
Total liabilities 9,682 7,854
Commitments and contingencies
Equity:    
Common stock, $1 par value, authorized 2,000,000,000 shares, issued 683,494,944 shares in 2019 and 2018 683 683
Common stock in treasury, at cost, 175,461,299 shares in 2019 and 170,495,859 shares in 2018 (10,582) (9,989)
Additional contributed capital 5,926 5,898
Retained earnings 15,849 15,075
Accumulated other comprehensive (loss) income (4,288) (3,823)
Total Baxter stockholders’ equity 7,588 7,844
Noncontrolling interests 29 22
Total equity 7,617 7,866
Total liabilities and equity $ 17,299 $ 15,720
Common stock, par value (in dollars per share) $ 1 $ 1