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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 180 $ 156
Accounts receivable, net of allowances for doubtful accounts of $4 550 625
Inventories, net 376 345
Income tax receivable 28 32
Prepaid expenses and other current assets 35 64
Total Current assets 1,169 1,222
Property, plant and equipment, net 284 292
Goodwill 2,460 2,458
Other intangibles, net 430 480
Long-term deferred income taxes 121 113
Other long-term assets 67 67
Total Assets 4,531 4,632
Current liabilities:    
Accounts payable 365 413
Accrued liabilities 324 323
Deferred revenue 217 191
Income taxes payable 15 22
Total Current liabilities 921 949
Long-term debt 2,573 2,648
Long-term deferred income taxes 2 3
Long-term deferred revenue 128 124
Other long-term liabilities 112 116
Total Liabilities 3,736 3,840
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 234 210
Treasury stock at cost, 19,397,578 and 19,267,269 shares at April 1, 2017 and December 31, 2016, respectively (630) (614)
Retained earnings 1,239 1,240
Accumulated other comprehensive loss (49) (45)
Total Stockholders’ Equity 795 792
Total Liabilities and Stockholders’ Equity $ 4,531 $ 4,632