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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 188 $ 299
Receivables, net 410 384
Inventories, net 428 366
Prepaid and other current assets 19 19
Total current assets 1,045 1,068
Property, plant and equipment, net 137 131
Deferred income taxes 112 118
Goodwill 192 139
Intangibles, net 59 28
Other assets 49 45
Total assets 1,594 1,529
Current liabilities:    
Accounts payable 339 288
Accrued liabilities 112 120
Other current liabilities 11 10
Total current liabilities 462 418
Long-term operating lease liabilities 33 30
Other long-term liabilities 20 18
Total liabilities 515 466
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; 106,783,725 and 106,257,725 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 2,031 2,032
Accumulated deficit (807) (828)
Accumulated other comprehensive loss (149) (145)
DNOW Inc. stockholders' equity 1,076 1,060
Noncontrolling interest 3 3
Total stockholders' equity 1,079 1,063
Total liabilities and stockholders' equity $ 1,594 $ 1,529