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CONSOLIDATED INTERIM BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Apr. 03, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 508 $ 517
Accounts receivable – net 875 863
Inventories – net 681 672
Other current assets 156 173
Total current assets 2,220 2,225
Property, plant and equipment – net 307 318
Goodwill 2,675 2,691
Other assets 374 376
Total assets 5,576 5,610
Current liabilities:    
Accounts payable 908 936
Current maturities of debt 10 7
Accrued liabilities 528 595
Total current liabilities 1,446 1,538
Long-term debt 1,186 1,155
Obligations payable under Indemnification Agreements 583 590
Other liabilities 329 334
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY    
Common stock, $0.001 par value, 700,000 shares authorized, 144,888 and 143,819 shares issued and outstanding as of April 3, 2021, 143,959 and 143,059 shares issued and outstanding as of December 31, 2020, respectively 0 0
Additional paid-in capital 2,088 2,070
Treasury stock, at cost (10) (6)
Retained earnings 124 75
Accumulated other comprehensive loss (170) (146)
Total equity 2,032 1,993
Total liabilities and equity $ 5,576 $ 5,610