XML 23 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 1,197 $ 500
Trade and other receivables, net of allowances for doubtful accounts and sales returns of $22 and $23 as of March 31, 2021 and December 31, 2020, respectively 504 465
Prepaid expenses and other current assets 319 195
Current assets, discontinued operations   1,064
Total current assets 2,020 2,224
Non-current assets    
Property, plant and equipment, net 249 270
Operating lease right-of-use asset 154 161
Goodwill 5,654 5,680
Other intangible assets, net 3,594 3,663
Deferred tax assets 48 53
Other non-current assets 165 159
Non-current assets, discontinued operations   1,925
Total assets 11,884 14,135
Current liabilities    
Accounts payable and other current liabilities 487 499
Deferred revenues 148 135
Income tax liabilities 76 15
Current portion of long-term debt, finance lease obligations and short-term borrowings 866 276
Current liabilities, discontinued operations   989
Total current liabilities 1,577 1,914
Non-current liabilities    
Long-term debt and finance lease obligations 5,886 6,684
Deferred tax liabilities 687 888
Operating lease liabilities 131 140
Other non-current liabilities 433 429
Non-current liabilities, discontinued operations   1,837
Total liabilities 8,714 11,892
Commitments and contingencies (Note 13)
Shareholders’ equity    
Common stock, €0.07 par value, 1,185,800,000 and 1,185,800,000 shares authorized; 358,530,521 and 357,678,263 shares issued and 358,497,131 and 357,644,935 shares outstanding at March 31, 2021 and December 31, 2020, respectively 32 32
Additional paid-in capital 4,314 4,340
Retained earnings/(accumulated deficit) (643) (1,216)
Accumulated other comprehensive loss, net of income taxes (726) (1,105)
Total shareholders’ equity 2,977 2,051
Noncontrolling interests 193 192
Total equity 3,170 2,243
Total liabilities and equity $ 11,884 $ 14,135