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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 325 $ 183
Receivables, net 213 370
Inventories, net 318 465
Assets held-for-sale 6 34
Prepaid and other current assets 16 15
Total current assets 878 1,067
Property, plant and equipment, net 101 120
Deferred income taxes 2 2
Goodwill   245
Intangibles, net   90
Other assets 58 67
Total assets 1,039 1,591
Current liabilities:    
Accounts payable 163 255
Accrued liabilities 94 127
Liabilities held-for-sale 1 6
Other current liabilities 6 8
Total current liabilities 264 396
Long-term operating lease liabilities 29 34
Deferred income taxes   4
Other long-term liabilities 15 13
Total liabilities 308 447
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; 109,379,627 and 109,207,678 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 1 1
Additional paid-in capital 2,050 2,046
Accumulated deficit (1,164) (775)
Accumulated other comprehensive loss (156) (128)
Total stockholders' equity 731 1,144
Total liabilities and stockholders' equity $ 1,039 $ 1,591