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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,213 $ 168
Restricted cash 41 39
Accounts receivable, net 621 599
Notes receivable, net 104 114
Inventories 229 216
Prepaid expenses, deposits and other current assets 238 233
Total current assets 2,446 1,369
Non-current assets:    
Restricted cash 12 13
Notes receivable, net 33 40
Property and equipment, net 517 547
Operating lease right-of-use assets 118 0
Goodwill 3,301 3,280
Intangible assets, net 1,745 1,809
Software, net 277 285
Equity investments 296 298
Other assets 92 77
Total assets 8,837 7,718
Current liabilities:    
Current portion of long-term debt 1,046 45
Accounts payable 200 225
Accrued liabilities 540 477
Total current liabilities 1,786 747
Deferred income taxes 109 108
Operating lease liabilities 98 0
Operating lease liabilities 330 334
Long-term debt, excluding current portion 8,937 8,992
Total liabilities 11,260 10,181
Commitments and contingencies (see Note 16)
Stockholders’ deficit:    
Common stock, par value $0.001 per share: 199.3 shares authorized; [108.6] and 109.1 shares issued and [91.4] and 91.9 shares outstanding, respectively [1] 1 1
Additional paid-in capital 848 835
Accumulated loss (2,848) (2,824)
Treasury stock, at cost, 17 shares (175) (175)
Accumulated other comprehensive loss (249) (300)
Total stockholders’ deficit (2,423) (2,463)
Total liabilities and stockholders’ (deficit) equity $ 8,837 $ 7,718
[1] Following the consummation of the reincorporation merger on January 10, 2018, each authorized, issued and outstanding share of Class A common stock of SGC, par value $0.01 per share automatically converted into one share of common stock of the surviving corporation, par value $.001 per share. The change in par value had no impact on total number of authorized, issued and outstanding shares.