Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 611	$ 663
Receivables, less allowances for discounts and doubtful accounts of $29 and $34 in 2015 and 2014, respectively	762	771
Inventories	477	486
Prepaid and other current assets	132	144
Deferred income tax assets	35	38
Total current assets	2,017	2,102
Property, plant and equipment, net	418	461
Goodwill	1,584	1,635
Other intangible assets, net	434	470
Other non-current assets	192	192
Total assets	4,645	4,860
Current liabilities:
Accounts payable	314	338
Accrued and other current liabilities	422	481
Short-term borrowings and current maturities of long-term debt	79	89
Total current liabilities	815	908
Long-term debt	1,196	1,195
Accrued postretirement benefits	374	388
Deferred income tax liabilities	141	158
Other non-current accrued liabilities	76	84
Total liabilities	$ 2,602	$ 2,733
Commitments and contingencies (Note 17)
Stockholders’ equity:
Authorized 750.0 shares, issued 189.8 shares and 188.9 shares in 2015 and 2014, respectively	$ 2	$ 2
Capital in excess of par value	1,822	1,796
Retained earnings	796	648
Treasury stock – at cost 10.4 shares and 6.6 shares in 2015 and 2014, respectively	(348)	(220)
Accumulated other comprehensive loss	(229)	(99)
Total stockholders’ equity	2,043	2,127
Total liabilities and stockholders’ equity	$ 4,645	$ 4,860