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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 126 $ 195
Receivables, net 564 851
Inventories, net 771 949
Deferred income taxes 47 22
Prepaid and other current assets 24 30
Total current assets 1,532 2,047
Property, plant and equipment, net 162 124
Deferred income taxes 43 2
Goodwill 296 346
Intangibles, net 148 73
Other assets 5 4
Total assets 2,186 2,596
Current liabilities:    
Accounts payable 292 490
Accrued liabilities 97 125
Other current liabilities   5
Total current liabilities 389 620
Long-term debt 120  
Deferred income taxes 15 10
Other long-term liabilities 4  
Total liabilities $ 528 $ 630
Commitments and contingencies
Stockholders' equity:    
Preferred stock—par value $0.01; 20 million shares authorized; no shares issued and outstanding
Common stock - par value $0.01; 330 million shares authorized; 107,204,061 and 107,067,457 shares issued and outstanding, respectively $ 1 $ 1
Additional paid-in capital 1,969 1,952
Retained earnings (deficit) (195) 58
Accumulated other comprehensive loss (117) (45)
Total stockholders' equity 1,658 1,966
Total liabilities and stockholders' equity $ 2,186 $ 2,596