Discontinued operations (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued operations

Schedule of results of discontinued operations and financial information of the discontinued operation that are included in the Consolidated Balance Sheet

Income (loss) from discontinued operations, net of tax in the Consolidated Statements of Operations consist of the following:

	Year Ended
	December 31,
	2019		2018			2017
Revenues:
Product	$	206	$	238	$	275
Service		161		182		150
Total revenues	$	367	$	420	$	425
Costs and expenses:
Product costs, excluding depreciation and amortization	$	149	$	149	$	158
Service costs, excluding depreciation and amortization		84		114		86
Selling, general and administrative		88		59		54
Depreciation and amortization		11		10		10
Impairment losses		12		477		—
Operating income (loss)		23		(389)		117
Interest expense, net		1		1		1
Other expense (income), net		3		—		(6)
Income (loss) before taxes		19		(390)		122
Income tax (benefit) expense		(7)		(13)		6
Income (loss) from discontinued operations, net of tax	$	26	$	(377)	$	116

The carrying amounts of the major classes of assets and liabilities, which are classified as held for sale in the Consolidated Balance Sheets, are as follows:

	December 31,		December 31,
	2019		2018
Assets
Cash and cash equivalents	$	45	$	16
Trade and other receivables, net		168		156
Deferred tax assets		117		—
Property, plant and equipment		29		—
Intangible assets		27		—
Goodwill		310		—
Other assets 1		55		31
Current assets held for sale	$	751	$	203
Deferred tax assets		—		104
Property, plant and equipment		—		28
Intangible assets		—		28
Goodwill		—		296
Other non-current assets		—		26
Non-current assets held for sale	$	—	$	482
Liabilities
Accounts payable	$	88	$	68
Accrued liabilities		18		21
Accrued compensation and benefits		21		20
Contract liabilities		29		24
Pension and other postretirement benefit liabilities		21		—
Other liabilities 2		53		21
Current liabilities held for sale	$	230	$	154
Pension and other postretirement benefit liabilities	$	—	$	18
Other non-current liabilities		—		40
Non-current liabilities held for sale	$	—	$	58

¹Other assets include income tax receivables, operating lease assets, prepaid and other current assets.

²Other liabilities include operating and finance lease liabilities, current income taxes payable and other current liabilities.