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Consolidated Balance Sheets - USD ($)
Apr. 02, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 194,000,000 $ 192,000,000
Accounts receivable, net of allowances for doubtful accounts of $5 and $6 606,000,000 671,000,000
Inventories, net 386,000,000 397,000,000
Prepaid expenses and other current assets 95,000,000 74,000,000
Total Current assets 1,281,000,000 1,334,000,000
Property and equipment, net 300,000,000 298,000,000
Goodwill 2,492,000,000 2,490,000,000
Other intangibles, net 700,000,000 757,000,000
Long-term deferred income taxes 74,000,000 70,000,000
Other long-term assets 89,000,000 91,000,000
Total Assets 4,936,000,000 5,040,000,000
Current liabilities:    
Accounts payable 316,000,000 289,000,000
Accrued liabilities 350,000,000 367,000,000
Deferred revenue 208,000,000 197,000,000
Income taxes payable 14,000,000 42,000,000
Total Current liabilities 888,000,000 895,000,000
Long-term debt 2,937,000,000 3,012,000,000
Long-term deferred revenue 118,000,000 124,000,000
Other long-term liabilities 132,000,000 116,000,000
Total Liabilities 4,075,000,000 4,147,000,000
Stockholders’ Equity:    
Preferred stock, $.01 par value; authorized 10,000,000 shares; none issued 0 0
Class A common stock, $.01 par value; authorized 150,000,000 shares; issued 72,151,857 shares 1,000,000 1,000,000
Additional paid-in capital 204,000,000 194,000,000
Treasury stock at cost, 19,867,914 and 19,990,006 shares at April 2, 2016 and December 31, 2015, respectively (629,000,000) (631,000,000)
Retained earnings 1,351,000,000 1,377,000,000
Accumulated other comprehensive loss (66,000,000) (48,000,000)
Total Stockholders’ Equity 861,000,000 893,000,000
Total Liabilities and Stockholders’ Equity $ 4,936,000,000 $ 5,040,000,000