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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 319 $ 587
Trade accounts receivable, net 1,275 1,183
Inventories 1,016 946
Deferred and prepaid income taxes 496 447
Other current assets 365 443
Total current assets 3,471 3,606
Property, plant and equipment, net 1,490 1,507
Goodwill 6,473 5,898
Other intangible assets, net 6,194 5,606
Other long-term assets 505 407
TOTAL ASSETS 18,133 17,024
Current liabilities:    
Current debt obligations 3 403
Accounts payable 209 262
Accrued expenses 1,970 1,950
Other current liabilities 248 231
Total current liabilities 2,430 2,846
Long-term debt 5,674 3,841
Deferred income taxes 735 1,214
Other long-term liabilities $ 2,974 $ 2,666
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value - authorized 50,000,000 shares, none issued and outstanding
Common stock, $0.01 par value - authorized 2,000,000,000 shares; issued 1,594,213,786 shares as of December 31, 2015 and 1,575,018,236 shares as of December 31, 2014 $ 16 $ 16
Treasury stock, at cost - 247,566,270 shares as of December 31, 2015 and 247,566,270 shares as of December 31, 2014 (1,717) (1,717)
Additional paid-in capital 16,860 16,703
Accumulated deficit (8,927) (8,689)
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation adjustment (54) (38)
Unrealized gain on derivative financial instruments 152 219
Unrealized costs associated with certain retirement plans (10) (37)
Total stockholders’ equity 6,320 6,457
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 18,133 $ 17,024