XML 55 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,115 $ 1,171
Receivables, net 1,879 1,855
Inventories, net 2,032 2,197
Contract assets, net 639 643
Prepaid and other current assets 237 247
Total current assets 5,902 6,113
Property, plant and equipment, net 2,003 2,354
Lease right-of-use assets, operating 399 444
Lease right-of-use assets, financing 211 230
Goodwill 1,515 2,807
Intangibles, net 534 852
Investment in unconsolidated affiliates 57 282
Other assets 69 67
Total assets 10,690 13,149
Current liabilities:    
Accounts payable 662 715
Accrued liabilities 888 949
Contract liabilities 470 427
Current portion of lease liabilities 115 114
Accrued income taxes 28 42
Total current liabilities 2,163 2,247
Lease liabilities 646 674
Long-term debt 2,002 1,989
Deferred income taxes 69 140
Other liabilities 256 253
Total liabilities 5,136 5,303
Commitments and contingencies
Stockholders’ equity:    
Common stock - par value $.01; 1 billion shares authorized; 388,222,777 and 385,886,682 shares issued and outstanding at March 31, 2020 and December 31, 2019 4 4
Additional paid-in capital 8,518 8,507
Accumulated other comprehensive loss (1,655) (1,423)
Retained earnings (1,381) 690
Total Company stockholders' equity 5,486 7,778
Noncontrolling interests 68 68
Total stockholders’ equity 5,554 7,846
Total liabilities and stockholders’ equity $ 10,690 $ 13,149