Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 297	$ 414
Receivables, less allowances for discounts and doubtful accounts of $29 and $35 in 2018 and 2017, respectively	999	956
Inventories	578	524
Prepaid and other current assets	192	177
Total current assets	2,066	2,071
Property, plant and equipment, net	666	643
Goodwill	3,082	2,768
Other intangible assets, net	1,303	1,168
Other non-current assets	233	210
Total assets	7,350	6,860
Current liabilities:
Accounts payable	543	549
Accrued and other current liabilities	546	551
Short-term borrowings and current maturities of long-term debt	371	0
Total current liabilities	1,460	1,100
Long-term debt	2,228	2,200
Accrued postretirement benefits	446	442
Deferred income tax liabilities	285	252
Other non-current accrued liabilities	374	347
Total liabilities	4,793	4,341
Commitments and contingencies (Note 18)
Stockholders’ equity:
Common Stock - par value $0.01 per share: Authorized 750.0 shares, issued 190.8 shares and 190.2 shares in 2016 and 2015, respectively	2	2
Capital in excess of par value	1,925	1,912
Retained earnings	1,282	1,227
Treasury stock – at cost 12.8 shares and 12.4 shares in 2018 and 2017, respectively	(461)	(428)
Accumulated other comprehensive loss	(207)	(210)
Total stockholders’ equity	2,541	2,503
Non-controlling interests	16	16
Total equity	2,557	2,519
Total liabilities and stockholders’ equity	$ 7,350	$ 6,860