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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,022 $ 217
Trade accounts receivable, net 1,598 1,828
Inventories 1,472 1,579
Prepaid income taxes 174 195
Other current assets 894 880
Total current assets 6,160 4,699
Property, plant and equipment, net 2,064 2,079
Goodwill 10,137 10,176
Other intangible assets, net 6,797 7,886
Deferred tax assets 4,172 4,196
Other long-term assets 1,516 1,529
TOTAL ASSETS 30,845 30,565
Current liabilities:    
Current debt obligations 11 1,416
Accounts payable 452 542
Accrued expenses 2,195 2,109
Other current liabilities 644 800
Total current liabilities 3,302 4,866
Long-term debt 9,325 8,592
Deferred income taxes 522 595
Other long-term liabilities 2,132 2,635
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.01 par value - authorized 50,000,000 shares - issued 10,062,500 shares as of September 30, 2020 and none as of December 31, 2019 0 0
Common stock, $0.01 par value - authorized 2,000,000,000 shares - issued 1,679,428,209 shares as of September 30, 2020 and 1,642,488,911 shares as of December 31, 2019 17 16
Treasury stock, at cost - 247,566,270 shares as of September 30, 2020 and December 31, 2019 (1,717) (1,717)
Additional paid-in capital 19,687 17,561
Accumulated deficit (2,574) (2,253)
Accumulated other comprehensive income (loss), net of tax 151 270
Total stockholders’ equity 15,564 13,877
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,845 $ 30,565