Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 166	$ 101
Receivables, net	906	661
Inventories, net	905	850
Deferred income taxes	20	21
Prepaid and other current assets	35	29
Total current assets	2,032	1,662
Property, plant and equipment, net	124	102
Deferred income taxes	9	15
Goodwill	328	333
Intangibles, net	65	68
Other assets		3
Total assets	2,558	2,183
Current liabilities:
Accounts payable	454	264
Accrued liabilities	120	99
Accrued income taxes	4
Total current liabilities	578	363
Deferred income taxes	5	16
Other liabilities	2	2
Total liabilities	585	381
Commitments and contingencies
Stockholders' equity:
Common stock-par value $0.01; 330 million shares authorized; 107,067,457 shares issued and outstanding	1
Preferred stock-par value $0.01; 20 million shares authorized; no shares issued and outstanding
Additional paid-in capital	1,951
Retained earnings	42
National Oilwell Varco, Inc. ("NOV") net investment		1,802
Accumulated other comprehensive income (loss)	(21)
Total stockholders' equity	1,973	1,802
Total liabilities and stockholders' equity	$ 2,558	$ 2,183