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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 149 $ 75
Restricted cash and restricted cash equivalents [1] 28 26
Trade accounts receivable, net 1,010 1,115
Inventories 747 654
Prepaid expenses and other current assets 306 403
Total current assets 2,240 2,273
Property, plant and equipment, net 2,071 2,028
Investments in unconsolidated affiliates 102 151
Goodwill 19,968 20,172
Other intangible assets, net 23,785 24,117
Other non-current assets 831 748
Deferred tax assets 29 29
Total assets 49,026 49,518
Current liabilities:    
Accounts payable 3,377 3,176
Accrued expenses 940 939
Structured payables 182 321
Short-term borrowings and current portion of long-term obligations 2,256 1,593
Other current liabilities 543 445
Total current liabilities 7,298 6,474
Long-term obligations 11,849 12,827
Deferred tax liabilities 5,922 6,030
Other non-current liabilities 1,034 930
Total liabilities 26,103 26,261
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued 0 0
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 1,407,193,674 and 1,406,852,305 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 14 14
Additional paid-in capital 21,624 21,557
Retained earnings 1,613 1,582
Accumulated other comprehensive (loss) income (328) 104
Total stockholders' equity 22,923 23,257
Total liabilities and stockholders' equity $ 49,026 $ 49,518
[1]
Restricted cash and cash equivalents primarily represent amounts held in escrow in connection with the Core Acquisition, the Bai Acquisition and the Big Red Acquisition. Amounts held in escrow are expected to be released within one year.