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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 95 $ 156
Accounts receivable, net of allowances for doubtful accounts of $3 527 625
Inventories, net 414 345
Income tax receivable 65 32
Prepaid expenses and other current assets 35 64
Total Current assets 1,136 1,222
Property, plant and equipment, net 273 292
Goodwill 2,464 2,458
Other intangibles, net 380 480
Long-term deferred income taxes 124 113
Other long-term assets 68 67
Total Assets 4,445 4,632
Current liabilities:    
Accounts payable 436 413
Accrued liabilities 314 323
Deferred revenue 214 191
Income taxes payable 19 22
Total Current liabilities 983 949
Long-term debt 2,418 2,648
Long-term deferred income taxes 2 3
Long-term deferred revenue 122 124
Other long-term liabilities 108 116
Total Liabilities 3,633 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, 19,042,813 and 19,267,269 shares at July 1, 2017 and December 31, 2016, respectively (622) (614)
Retained earnings 1,256 1,240
Accumulated other comprehensive loss (57) (45)
Total Stockholders’ Equity 812 792
Total Liabilities and Stockholders’ Equity $ 4,445 $ 4,632