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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 113 $ 116
Receivables, net 466 482
Inventories, net 548 602
Prepaid and other current assets 21 19
Total current assets 1,148 1,219
Property, plant and equipment, net 117 106
Deferred income taxes 2 2
Goodwill 320 314
Intangibles, net 133 144
Other assets 70 10
Total assets 1,790 1,795
Current liabilities:    
Accounts payable 326 329
Accrued liabilities 136 110
Other current liabilities 8 2
Total current liabilities 470 441
Long-term debt   132
Long-term operating lease liabilities 36  
Deferred income taxes 5 6
Other long-term liabilities 12 2
Total liabilities 523 581
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; 108,798,362 and 108,426,962 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 1 1
Additional paid-in capital 2,045 2,034
Accumulated deficit (636) (678)
Accumulated other comprehensive loss (143) (143)
Total stockholders' equity 1,267 1,214
Total liabilities and stockholders' equity $ 1,790 $ 1,795