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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,734 $ 217
Trade accounts receivable, net 1,531 1,828
Inventories 1,351 1,579
Prepaid income taxes 194 195
Assets held for sale 1,133 0
Other current assets 751 880
Total current assets 6,694 4,699
Property, plant and equipment, net 2,084 2,079
Goodwill 9,951 10,176
Other intangible assets, net 5,917 7,886
Deferred tax assets 4,210 4,196
Other long-term assets 1,921 1,529
TOTAL ASSETS 30,777 30,565
Current liabilities:    
Current debt obligations 13 1,416
Accounts payable 513 542
Accrued expenses 2,197 2,109
Other current liabilities 958 800
Total current liabilities 3,681 4,866
Long-term debt 9,130 8,592
Deferred tax liabilities 330 595
Other long-term liabilities 2,309 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 December 31, 2020 and none as of December 31, 2019 0 0
Common stock, $0.01 par value - authorized 2,000,000,000 shares; issued 1,679,911,918 shares as of December 31, 2020 and 1,642,488,911 shares as of December 31, 2019 17 16
Treasury stock, at cost - 263,289,848 shares as of December 31, 2020 and 247,566,270 shares as of December 31, 2019 (2,251) (1,717)
Additional paid-in capital 19,732 17,561
Accumulated deficit (2,378) (2,253)
Accumulated other comprehensive income (loss), net of tax:    
Foreign currency translation adjustment 218 142
Unrealized gain (loss) on derivative financial instruments 36 173
Unrealized costs associated with defined benefit pensions and other items (47) (45)
Total stockholders’ equity 15,326 13,877
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,777 $ 30,565