Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,011	$ 966
Short-term investments	42	76
Trade accounts receivable, net of allowance for doubtful accounts of $3 and $4 at March 31, 2022 and December 31, 2021, respectively	480	443
Inventories	636	577
Other current assets	89	85
Total current assets	2,258	2,147
Property, plant and equipment, net	331	326
Right-of-use assets	180	184
Goodwill	1,227	1,228
Intangible assets, net	561	576
Other assets	92	79
Total assets	4,649	4,540
Current liabilities:
Short-term debt	12	9
Accounts payable	173	168
Accrued compensation	72	132
Income taxes payable	32	25
Lease liabilities	19	18
Deferred revenue and customer advances	46	37
Other current liabilities	82	71
Total current liabilities	436	460
Long-term debt, net	806	808
Non-current deferred taxes	103	99
Non-current accrued compensation	48	49
Non-current lease liabilities	189	193
Other non-current liabilities	40	44
Total liabilities	1,622	1,653
Commitments and contingencies (Note 17)
Stockholders’ equity:
Preferred Stock, $0.01 par value per share, 2 shares authorized; none issued and outstanding
Common Stock, no par value, 200 shares authorized; 55.6 and 55.5 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively
Additional paid-in capital	909	907
Retained earnings	2,122	1,991
Accumulated other comprehensive loss	(4)	(11)
Total stockholders’ equity	3,027	2,887
Total liabilities and stockholders’ equity	$ 4,649	$ 4,540