XML 17 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 03, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 177 $ 168
Accounts receivable, net of allowances for doubtful accounts of $1 million as of April 3, 2021 and December 31, 2020 521 508
Inventories, net 528 511
Income tax receivable 7 16
Prepaid expenses and other current assets 110 70
Total Current assets 1,343 1,273
Property, plant and equipment, net 269 274
Right-of-use lease assets 129 135
Goodwill 2,989 2,988
Other intangibles, net 376 402
Deferred income taxes 133 139
Other long-term assets 172 164
Total Assets 5,411 5,375
Current liabilities:    
Current portion of long-term debt 134 364
Accounts payable 573 601
Accrued liabilities 457 559
Deferred revenue 344 308
Income taxes payable 38 19
Total Current liabilities 1,546 1,851
Long-term debt 956 881
Long-term lease liabilities 122 129
Long-term deferred revenue 287 273
Other long-term liabilities 89 97
Total Liabilities 3,000 3,231
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 405 395
Treasury stock at cost, 18,641,691 and 18,689,775 shares as of April 3, 2021 and December 31, 2020, respectively (919) (919)
Retained earnings 2,964 2,736
Accumulated other comprehensive loss (40) (69)
Total Stockholders’ Equity 2,411 2,144
Total Liabilities and Stockholders’ Equity $ 5,411 $ 5,375