Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 1,840	$ 1,875
Receivables, less allowances for discounts, returns and credit losses of $41 and $46 in 2021 and 2020, respectively	975	923
Inventories	642	558
Prepaid and other current assets	166	167
Total current assets	3,623	3,523
Property, plant and equipment, net	626	657
Goodwill	2,841	2,854
Other intangible assets, net	1,058	1,093
Other non-current assets	637	623
Total assets	8,785	8,750
Current liabilities:
Accounts payable	599	569
Accrued and other current liabilities	760	787
Short-term borrowings and current maturities of long-term debt	600	600
Total current liabilities	1,959	1,956
Long-term debt	2,466	2,484
Accrued post-retirement benefits	501	519
Deferred income tax liabilities	264	242
Other non-current accrued liabilities	546	573
Total liabilities	5,736	5,774
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common Stock	2	2
Capital in excess of par value	2,063	2,037
Retained earnings	2,029	1,930
Treasury stock – at cost 15.2 shares and 14.5 shares in 2021 and 2020, respectively	(656)	(588)
Accumulated other comprehensive loss	(398)	(413)
Total stockholders’ equity	3,040	2,968
Non-controlling interests	9	8
Total equity	3,049	2,976
Total liabilities and stockholders’ equity	$ 8,785	$ 8,750