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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 152 $ 231
Accounts receivable – net of allowances for doubtful accounts of $1 329 279
Inventories 209 170
Other current assets 58 45
Total Current Assets 748 725
Property, plant and equipment, net 561 466
Intangible assets, net 1,061 1,066
Goodwill 2,040 1,941
Other non-current assets 61 39
TOTAL ASSETS 4,471 4,237
Current Liabilities    
Accounts payable 185 169
Product warranty liability 25 26
Current portion of long-term debt 6 0
Deferred revenue 35 34
Other current liabilities 226 197
Total Current Liabilities 477 426
Product warranty liability 29 40
Deferred revenue 103 88
Long-term debt 2,513 2,523
Deferred income taxes 380 329
Other non-current liabilities 226 172
TOTAL LIABILITIES 3,728 3,578
Commitments and contingencies (see NOTE P)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, none issued and outstanding 0 0
Paid in capital 1,799 1,788
Accumulated deficit (997) (1,100)
Accumulated other comprehensive loss, net of tax (60) (30)
TOTAL STOCKHOLDERS’ EQUITY 743 659
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY 4,471 4,237
Voting Common Stock    
STOCKHOLDERS’ EQUITY    
Common stock 1 1
TOTAL STOCKHOLDERS’ EQUITY 1 1
Non-voting Common Stock    
STOCKHOLDERS’ EQUITY    
Common stock $ 0 $ 0