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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 12 $ 59
Trade and other receivables, net 305 357
Inventory 25 20
Advances to suppliers 34 42
Prepaid and other current assets 40 32
Current assets held for sale 627 751
Total current assets 1,043 1,261
Non-current assets:    
Orbital receivables, net 363 382
Property, plant and equipment, net 782 758
Intangible assets, net 943 991
Non-current operating lease assets 176 176
Goodwill 1,455 1,455
Other non-current assets 127 134
Total assets 4,889 5,157
Current liabilities:    
Accounts payable 128 153
Accrued liabilities 91 130
Accrued compensation and benefits 74 93
Contract liabilities 220 271
Current portion of long-term debt 29 30
Current operating lease liabilities 41 40
Other current liabilities 70 49
Current liabilities held for sale 175 230
Total current liabilities 828 996
Non-current liabilities:    
Pension and other postretirement benefits 193 197
Contract liabilities 3 4
Operating lease liabilities 172 173
Long-term debt 2,926 2,915
Other non-current liabilities 110 110
Total liabilities 4,232 4,395
Commitments and contingencies
Stockholders' equity:    
Common stock ($0.0001 par value, 240 million common shares authorized and 60.1 million outstanding at March 31, 2020; $0.0001 par value, 240 million common shares authorized and 59.9 million outstanding at December 31, 2019)
Additional paid-in capital 1,790 1,784
Accumulated deficit (1,130) (1,082)
Accumulated other comprehensive (loss) income (4) 59
Total Maxar stockholders' equity 656 761
Noncontrolling interest 1 1
Total stockholders' equity 657 762
Total liabilities and stockholders' equity $ 4,889 $ 5,157