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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 476 $ 349
Accounts receivable, net 1,398 1,842
Inventories 1,700 1,606
Prepaid expenses and other 343 313
Total current assets 3,917 4,110
Property, plant and equipment, net 1,123 1,155
Operating lease assets, net 561 615
Goodwill 3,483 3,709
Other intangible assets, net 3,567 4,916
Deferred income taxes 873 776
Other assets 379 361
Total assets 13,903 15,642
Liabilities:    
Accounts payable 1,036 1,102
Accrued compensation 124 204
Other accrued liabilities 1,152 1,340
Short-term debt and current portion of long-term debt 639 332
Total current liabilities 2,951 2,978
Long-term debt 5,375 5,391
Deferred income taxes 498 625
Long-term operating lease liabilities 503 541
Other noncurrent liabilities 1,097 1,111
Total liabilities 10,424 10,646
Commitments and contingencies (Footnote 18)
Stockholders’ equity:    
Preferred stock (10.0 authorized shares, $1.00 par value, no shares issued at March 31, 2020 and December 31, 2019) 0 0
Common stock (800.0 authorized shares, $1.00 par value, 448.0 shares and 447.1 shares issued at March 31, 2020 and December 31, 2019) 448 447
Treasury stock, at cost (23.9 shares and 23.6 shares issued at March 31, 2020 and December 31, 2019) (596) (590)
Additional paid-in capital 8,340 8,430
Retained deficit (3,683) (2,404)
Accumulated other comprehensive loss (1,055) (920)
Stockholders’ equity attributable to parent 3,454 4,963
Stockholders’ equity attributable to noncontrolling interests 25 33
Total stockholders’ equity 3,479 4,996
Total liabilities and stockholders’ equity $ 13,903 $ 15,642