XML 26 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 901 $ 137
Accounts receivable, net of allowances for doubtful accounts of $1 million each as of December 31, 2024 and 2023, respectively 692 521
Inventories, net 693 804
Income tax receivable 20 63
Prepaid expenses and other current assets 134 147
Total Current assets 2,440 1,672
Property, plant and equipment, net 305 309
Right-of-use lease assets 167 169
Goodwill 3,891 3,895
Other intangibles, net 422 527
Deferred income taxes 512 438
Other long-term assets 231 296
Total Assets 7,968 7,306
Current liabilities:    
Current portion of long-term debt 79 173
Accounts payable 633 456
Accrued liabilities 503 504
Deferred revenue 453 458
Income taxes payable 36 7
Total Current liabilities 1,704 1,598
Long-term debt 2,092 2,047
Long-term lease liabilities 155 152
Deferred income taxes 57 67
Long-term deferred revenue 304 312
Other long-term liabilities 70 94
Total Liabilities 4,382 4,270
Stockholders’ Equity:    
Preferred stock, $.01 par value; authorized 10,000,000 shares; none issued 0 0
Class A common stock, $.01 par value; authorized 150,000,000 shares; issued 72,151,857 shares 1 1
Additional paid-in capital 669 615
Treasury stock at cost, 20,645,798 and 20,772,995 shares as of December 31, 2024 and 2023, respectively (1,900) (1,858)
Retained earnings 4,860 4,332
Accumulated other comprehensive loss (44) (54)
Total Stockholders’ Equity 3,586 3,036
Total Liabilities and Stockholders’ Equity $ 7,968 $ 7,306