Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 607	$ 424
Receivables, net	1,602	1,041
Inventories	1,690	1,385
Prepaid expenses and other current assets	180	224
Total current assets	4,079	3,074
Goodwill	4,442	3,046
Intangible assets	2,193	472
Property, plant and equipment, net	3,745	3,239
Other non-current assets	803	832
Total	15,262	10,663
Current liabilities
Short-term debt	89	62
Current maturities of long-term debt	86	64
Accounts payable	2,732	2,367
Accrued liabilities	1,006	757
Total current liabilities	3,913	3,250
Long-term debt, excluding current maturities	8,517	5,217
Postretirement and pension liabilities	683	588
Other non-current liabilities	863	685
Commitments and contingent liabilities (Note P)
Equity
Noncontrolling interests	349	322
Preferred stock, authorized: 30,000,000; none issued (Note T)	0	0
Common stock, par value: $5.00; authorized: 500,000,000 shares; issued: 185,744,072 shares	929	929
Additional paid-in capital	186	167
Accumulated earnings	3,449	3,004
Accumulated other comprehensive loss	(3,374)	(3,241)
Treasury stock at par value (2018 - 50,570,124 shares; 2017 - 51,468,463 shares)	(253)	(258)
Crown Holdings shareholders’ equity	937	601
Total equity	1,286	923
Total	$ 15,262	$ 10,663

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).