Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 212,000,000	$ 313,000,000
Receivables, net	398,000,000	304,000,000
Inventories, net	381,000,000	250,000,000
Prepaid and other current assets	26,000,000	16,000,000
Total current assets	1,017,000,000	883,000,000
Property, plant and equipment, net	119,000,000	111,000,000
Goodwill	116,000,000	67,000,000
Intangibles, net	25,000,000	9,000,000
Other assets	43,000,000	34,000,000
Total assets	1,320,000,000	1,104,000,000
Current liabilities:
Accounts payable	304,000,000	235,000,000
Accrued liabilities	126,000,000	112,000,000
Other current liabilities	9,000,000	22,000,000
Total current liabilities	439,000,000	369,000,000
Long-term operating lease liabilities	25,000,000	17,000,000
Deferred income taxes	1,000,000	0
Other long-term liabilities	11,000,000	6,000,000
Total liabilities	476,000,000	392,000,000
Commitments and contingencies
Stockholders' equity:
Preferred stock - par value $0.01; 20 million shares authorized; no shares issued and outstanding	0	0
Common stock - par value $0.01; 330 million shares authorized; 110,369,266 and 110,558,831 shares issued and outstanding at December 31, 2022 and 2021, respectively	1,000,000	1,000,000
Additional paid-in capital	2,066,000,000	2,060,000,000
Accumulated deficit	(1,075,000,000)	(1,203,000,000)
Accumulated other comprehensive loss	(150,000,000)	(147,000,000)
NOW Inc. stockholders' equity	842,000,000	711,000,000
Noncontrolling interest	2,000,000	1,000,000
Total stockholders' equity	844,000,000	712,000,000
Total liabilities and stockholders' equity	$ 1,320,000,000	$ 1,104,000,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).