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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Sep. 30, 2017
Current assets:      
Cash and cash equivalents $ 440 $ 492 $ 339
Trade receivables, net of allowance of $35 million, $34 million, and $36 million at September 30, 2018, December 31, 2017 and September 30, 2017 992 663 1,028
Inventories 973 1,036 1,046
Prepaid expenses and other current assets 259 229 254
Total current assets 2,664 2,420 2,667
Property, plant and equipment, net 3,044 3,131 3,036
Goodwill 2,549 2,590 2,621
Intangibles, net 422 439 473
Other assets 1,261 1,176 1,202
Total assets 9,940 9,756 9,999
Current liabilities:      
Accounts payable 1,048 1,324 1,087
Short-term loans and long-term debt due within one year 152 162 243
Current portion of asbestos-related liabilities 100 100 115
Other liabilities 604 579 617
Other liabilities - discontinued operations 115 115 115
Total current liabilities 2,019 2,280 2,177
Long-term debt 5,487 5,121 5,378
Asbestos-related liabilities 442 482 528
Other long-term liabilities 925 946 977
Share owners' equity 1,067 927 939
Total liabilities and share owners' equity $ 9,940 $ 9,756 $ 9,999