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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 29, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 45 $ 62
Accounts receivable, net of allowances for doubtful accounts of $3 million as of September 29, 2018 and December 31, 2017 575 479
Inventories, net 493 458
Income tax receivable 37 40
Prepaid expenses and other current assets 51 24
Total Current assets 1,201 1,063
Property, plant and equipment, net 251 264
Goodwill 2,496 2,465
Other intangibles, net 260 299
Long-term deferred income taxes 91 119
Other long-term assets 101 65
Total Assets 4,400 4,275
Current liabilities:    
Current portion of long-term debt 71 51
Accounts payable 498 424
Accrued liabilities 285 296
Deferred revenue 199 186
Income taxes payable 52 43
Total Current liabilities 1,105 1,000
Long-term debt 1,829 2,176
Long-term deferred revenue 161 148
Other long-term liabilities 92 117
Total Liabilities 3,187 3,441
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 282 257
Treasury stock at cost, 18,349,215 and 18,915,762 shares at September 29, 2018 and December 31, 2017, respectively (614) (620)
Retained earnings 1,573 1,248
Accumulated other comprehensive income (loss) (29) (52)
Total Stockholders’ Equity 1,213 834
Total Liabilities and Stockholders’ Equity $ 4,400 $ 4,275