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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 99 $ 106
Receivables, net 466 354
Inventories, net 562 483
Prepaid and other current assets 22 16
Total current assets 1,149 959
Property, plant and equipment, net 126 143
Deferred income taxes 2 1
Goodwill 328 311
Intangibles, net 171 184
Other assets 4 5
Total assets 1,780 1,603
Current liabilities:    
Accounts payable 310 246
Accrued liabilities 111 100
Other current liabilities 1 1
Total current liabilities 422 347
Long-term debt 163 65
Deferred income taxes 7 7
Other long-term liabilities 1 1
Total liabilities 593 420
Commitments and contingencies
Stockholders' equity:    
Preferred stock—par value $0.01; 20 million shares authorized; no shares issued and outstanding
Common stock - par value $0.01; 330 million shares authorized; 107,803,100 and 107,474,904 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 1 1
Additional paid-in capital 2,017 2,002
Accumulated deficit (727) (678)
Accumulated other comprehensive loss (104) (142)
Total stockholders' equity 1,187 1,183
Total liabilities and stockholders' equity $ 1,780 $ 1,603