XML 17 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 723 $ 715
Accounts receivable, net 445 588
Inventories 52 28
Other current assets 82 97
Total current assets 1,302 1,428
Property and equipment, net 303 295
Capitalized software, net 60 72
Right of use assets - operating lease, net 60 0
Goodwill 396 395
Acquired intangible assets, net 14 16
Deferred income taxes 66 67
Other assets 85 87
Total assets 2,286 2,360
Current liabilities    
Current portion of long-term debt 25 19
Current portion of finance lease liability 21 17
Current portion of operating lease liability 17 0
Accounts payable 99 141
Payroll and benefits liabilities 103 224
Deferred revenue 569 490
Other current liabilities 80 118
Total current liabilities 914 1,009
Long-term debt 472 478
Finance lease liability 38 30
Operating lease liability 48 0
Pension and other postemployment plan liabilities 104 113
Long-term deferred revenue 100 105
Deferred tax liabilities 4 3
Other liabilities 139 127
Total liabilities 1,819 1,865
Commitments and contingencies (Note 9)
Stockholders’ equity    
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 117.1 and 116.8 shares issued at March 31, 2019 and December 31, 2018, respectively 1 1
Paid-in capital 1,466 1,418
Accumulated deficit (891) (823)
Accumulated other comprehensive loss (109) (101)
Total stockholders’ equity 467 495
Total liabilities and stockholders’ equity $ 2,286 $ 2,360