CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 473	$ 599
Accounts receivable	1,085	969
Unbilled accounts receivable	392	443
Inventories	1,689	1,642
Other current assets	193	227
Total current assets	3,832	3,880
Property, plant and equipment, net	1,497	1,601
Goodwill	8,587	8,485
Other intangible assets, net	3,705	3,869
Other noncurrent assets	833	619
Total noncurrent assets	14,622	14,574
Total Assets	18,454	18,454
Liabilities
Accounts payable	1,012	909
Customer deposits	629	643
Accrued compensation	335	242
Accrued warranty	228	240
Current portion of long-term debt	2	447
Other accrued liabilities	704	745
Total current liabilities	2,910	3,226
Long-term debt	4,056	3,792
Accrued postretirement and pension benefits	77	114
Deferred income taxes	288	168
Contingent consideration	141	218
Other long term liabilities	743	783
Total Liabilities	8,215	8,301
Commitments and Contingencies (Note 18)
Equity
Common stock, $.01 par value; 500.0 shares authorized: 226.9 and 226.9 shares issued and 185.8 and 188.9 outstanding at December 31, 2021 and 2020, respectively	2	2
Additional paid-in capital	7,916	7,881
Treasury stock, at cost, 41.1 and 38.0 shares, at December 31, 2021 and 2020, respectively	(1,306)	(1,010)
Retained earnings	4,055	3,589
Accumulated other comprehensive loss	(466)	(339)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity	10,201	10,123
Noncontrolling interest	38	30
Total Equity	10,239	10,153
Total Liabilities and Equity	$ 18,454	$ 18,454