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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 25 $ 43
Accounts receivable, net 586 587
Inventories, net 742 797
Other current assets 37 38
Total current assets 1,390 1,465
Long-term assets:    
Operating lease assets 186  
Property, plant and equipment, net 140 140
Other assets 21 23
Intangible assets:    
Goodwill, net 482 484
Other intangible assets, net 288 322
Total assets 2,507 2,434
Current liabilities:    
Trade accounts payable 431 435
Accrued expenses and other current liabilities 93 130
Operating lease liabilities 34  
Current portion of long-term debt 4 4
Total current liabilities 562 569
Long-term liabilities:    
Long-term debt, net 623 680
Operating lease liabilities 168  
Deferred income taxes 91 98
Other liabilities 37 40
Commitments and contingencies
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding 355 355
Stockholders' equity:    
Common stock, $0.01 par value per share: 500 million shares authorized, 105,623,390 and 104,953,693 issued, respectively 1 1
Additional paid-in capital 1,727 1,721
Retained deficit (453) (498)
Less: Treasury stock at cost: 23,436,329 and 19,347,839 shares, respectively (363) (300)
Accumulated other comprehensive loss (241) (232)
Total stockholders' equity 671 692
Total liabilities and stockholders' equity $ 2,507 $ 2,434