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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 338 $ 319
Trade accounts receivable, net 1,291 1,275
Inventories 1,022 1,016
Deferred and prepaid income taxes 76 496
Other current assets 437 365
Total current assets 3,164 3,471
Property, plant and equipment, net 1,464 1,490
Goodwill 6,477 6,473
Other intangible assets, net 6,062 6,194
Other long-term assets 551 505
TOTAL ASSETS 17,718 18,133
Current liabilities:    
Current debt obligations 253 3
Accounts payable 232 209
Accrued expenses 1,792 1,970
Other current liabilities 331 248
Total current liabilities 2,608 2,430
Long-term debt 5,424 5,674
Deferred income taxes 295 735
Other long-term liabilities $ 2,934 $ 2,974
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $.01 par value - authorized 50,000,000 shares, none issued and outstanding
Common stock, $.01 par value - authorized 2,000,000,000 shares - issued 1,602,133,758 shares as of March 31, 2016 and 1,594,213,786 shares as of December 31, 2015 $ 16 $ 16
Treasury stock, at cost - 247,566,270 shares as of March 31, 2016 and 247,566,270 shares as of December 31, 2015 (1,717) (1,717)
Additional paid-in capital 16,848 16,860
Accumulated deficit (8,725) (8,927)
Accumulated other comprehensive income (loss), net of tax 35 88
Total stockholders’ equity 6,457 6,320
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 17,718 $ 18,133