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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 359 $ 454
Trade and other receivables, net of allowances for doubtful accounts and sales returns of $34 and $28 as of March 31, 2020 and December 31, 2019, respectively 1,182 1,103
Prepaid expenses and other current assets 473 420
Total current assets 2,014 1,977
Non-current assets    
Property, plant and equipment, net 426 466
Operating lease right-of-use asset 378 393
Goodwill 5,979 5,993
Other intangible assets, net 4,806 4,881
Deferred tax assets 267 276
Other non-current assets 323 333
Total assets 14,193 14,319
Current liabilities    
Accounts payable and other current liabilities 1,077 1,182
Deferred revenues 402 345
Income tax liabilities 35 60
Current portion of long-term debt, finance lease obligations and short-term borrowings 1,054 914
Total current liabilities 2,568 2,501
Non-current liabilities    
Long-term debt and finance lease obligations 7,359 7,395
Deferred tax liabilities 1,031 1,052
Operating lease liabilities 363 370
Other non-current liabilities 641 613
Total liabilities 11,962 11,931
Commitments and contingencies (Note 13)
Nielsen shareholders’ equity    
Common stock, €0.07 par value, 1,185,800,000 and 1,185,800,000 shares authorized; 356,487,712 and 356,158,879 shares issued and 356,475,591 and 356,149,883 shares outstanding at March 31, 2020 and December 31, 2019, respectively 32 32
Additional paid-in capital 4,370 4,378
Retained earnings/(accumulated deficit) (1,228) (1,210)
Accumulated other comprehensive loss, net of income taxes (1,130) (1,005)
Total Nielsen shareholders’ equity 2,044 2,195
Noncontrolling interests 187 193
Total equity 2,231 2,388
Total liabilities and equity $ 14,193 $ 14,319