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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 28, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 33 $ 44
Accounts receivable, net of allowances for doubtful accounts of $2 million and $3 million as of September 28, 2019 and December 31, 2018, respectively 588 520
Inventories, net 468 520
Income tax receivable 76 24
Prepaid expenses and other current assets 66 54
Total Current assets 1,231 1,162
Property, plant and equipment, net 249 249
Right-of-use lease asset 117  
Goodwill 2,618 2,495
Other intangibles, net 290 232
Long-term deferred income taxes 83 114
Other long-term assets 120 87
Total Assets 4,708 4,339
Current liabilities:    
Current portion of long-term debt 205 157
Accounts payable 502 552
Accrued liabilities 314 322
Deferred revenue 230 210
Income taxes payable 55 60
Total Current liabilities 1,306 1,301
Long-term debt 1,314 1,434
Long-term lease liabilities 105  
Long-term deferred income taxes 1 8
Long-term deferred revenue 202 172
Other long-term liabilities 86 89
Total Liabilities 3,014 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 324 294
Treasury stock at cost, 18,104,739 and 18,280,673 shares as of September 28, 2019 and December 31, 2018, respectively (663) (613)
Retained earnings 2,063 1,688
Accumulated other comprehensive loss (31) (35)
Total Stockholders’ Equity 1,694 1,335
Total Liabilities and Stockholders’ Equity $ 4,708 $ 4,339