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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (Note 6) $ 476 $ 1,000
Receivables, less allowance of $27 and $29 1,183 1,435
Receivables from related parties (Note 21) 217 224
Inventories (Note 7) 2,071 2,092
Other current assets 95 79
Total current assets 4,042 4,830
Operating lease assets (Note 8) 239 0
Property, plant and equipment 16,725 16,008
Less accumulated depreciation and depletion 11,415 11,143
Total property, plant and equipment, net 5,310 4,865
Investments and long-term receivables, less allowance of $5 in both periods 576 513
Intangibles – net (Note 9) 152 158
Deferred income tax benefits (Note 13) 460 445
Other noncurrent assets 138 171
Total assets 10,917 10,982
Current liabilities:    
Accounts payable and other accrued liabilities 2,138 2,454
Accounts payable to related parties (Note 21) 111 81
Payroll and benefits payable 345 440
Accrued taxes 107 118
Accrued interest 26 39
Current operating lease liabilities (Note 8) 56 0
Current portion of long-term debt (Note 16) 67 65
Total current liabilities 2,850 3,197
Noncurrent operating lease liabilities (Note 8) 189 0
Long-term debt, less unamortized discount and debt issuance costs (Note 16) 2,500 2,316
Employee benefits 905 980
Deferred income tax liabilities (Note 13) 8 14
Deferred credits and other noncurrent liabilities 265 272
Total liabilities 6,717 6,779
Contingencies and commitments (Note 23)
Stockholders’ Equity (Note 19):    
Common stock (178,542,856 and 177,386,430 shares issued) (Note 14) 179 177
Treasury stock, at cost (8,505,376 shares and 2,857,578 shares) (173) (78)
Additional paid-in capital 3,947 3,917
Retained earnings 1,221 1,212
Accumulated other comprehensive loss (Note 20) (975) (1,026)
Total United States Steel Corporation stockholders’ equity 4,199 4,202
Noncontrolling interests 1 1
Total liabilities and stockholders’ equity $ 10,917 $ 10,982