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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 61 $ 44
Accounts receivable, net of allowances for doubtful accounts of $2 million and $3 million as of March 30, 2019 and December 31, 2018, respectively 488 520
Inventories, net 510 520
Income tax receivable 21 24
Prepaid expenses and other current assets 62 54
Total Current assets 1,142 1,162
Property, plant and equipment, net 257 249
Right-of-use lease asset 110 0
Goodwill 2,567 2,495
Other intangibles, net 311 232
Long-term deferred income taxes 97 114
Other long-term assets 92 87
Total Assets 4,576 4,339
Current liabilities:    
Current portion of long-term debt 131 157
Accounts payable 457 552
Accrued liabilities 275 322
Deferred revenue 222 210
Income taxes payable 61 60
Total Current liabilities 1,146 1,301
Long-term debt 1,605 1,434
Long-term lease liabilities 102 0
Long-term deferred income taxes 1 8
Long-term deferred revenue 178 172
Other long-term liabilities 77 89
Total Liabilities 3,109 3,004
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 305 294
Treasury stock at cost, 18,176,120 and 18,280,673 shares as of March 30, 2019 and December 31, 2018, respectively (611) (613)
Retained earnings 1,803 1,688
Accumulated other comprehensive loss (31) (35)
Total Stockholders’ Equity 1,467 1,335
Total Liabilities and Stockholders’ Equity $ 4,576 $ 4,339