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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 192 $ 394
Investments and marketable securities 0 24
Accounts receivable, net 674 671
Inventories, net 394 394
Deferred income taxes 0 123
Income tax receivable 4 13
Prepaid expenses and other current assets 68 53
Total Current assets 1,332 1,672
Property and equipment, net 298 255
Goodwill 2,493 2,490
Other intangibles, net 757 1,029
Long-term deferred income taxes 52 0
Other long-term assets 92 93
Total Assets 5,024 5,539
Current liabilities:    
Accounts payable 289 327
Accrued liabilities 358 421
Deferred revenue 198 196
Current portion of long-term debt 0 4
Income taxes payable 31 5
Total Current liabilities 876 953
Long-term debt 3,012 3,156
Long-term deferred tax liability 1 200
Long-term deferred revenue 124 116
Other long-term liabilities 98 74
Total Liabilities 4,111 4,499
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 194 147
Treasury stock at cost, 19,990,006 and 20,497,520 shares at December 31, 2015 and December 31, 2014, respectively (631) (634)
Retained earnings 1,398 1,535
Accumulated other comprehensive loss (49) (9)
Total Stockholders’ Equity 913 1,040
Total Liabilities and Stockholders’ Equity $ 5,024 $ 5,539