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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 02, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 141 $ 192
Accounts receivable, net of allowances for doubtful accounts of $6 631 671
Inventories, net 362 397
Prepaid expenses and other current assets 88 74
Total Current assets 1,222 1,334
Property and equipment, net 301 298
Goodwill 2,493 2,490
Other intangibles, net 640 757
Long-term deferred income taxes 71 70
Other long-term assets 78 91
Total Assets 4,805 5,040
Current liabilities:    
Accounts payable 347 289
Accrued liabilities 303 367
Deferred revenue 209 197
Income taxes payable 11 42
Total Current liabilities 870 895
Long-term debt 2,873 3,012
Long-term deferred revenue 118 124
Other long-term liabilities 127 116
Total Liabilities 3,988 4,147
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 1
Additional paid-in capital 189 194
Treasury stock at cost, 19,375,649 and 19,990,006 shares at July 2, 2016 and December 31, 2015, respectively (615) (631)
Retained earnings 1,306 1,377
Accumulated other comprehensive loss (64) (48)
Total Stockholders’ Equity 817 893
Total Liabilities and Stockholders’ Equity $ 4,805 $ 5,040