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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 261 $ 299
Receivables, net 405 384
Inventories, net 364 366
Prepaid and other current assets 28 19
Total current assets 1,058 1,068
Property, plant and equipment, net 138 131
Deferred income taxes 98 118
Goodwill 192 139
Intangibles, net 55 28
Other assets 46 45
Total assets 1,587 1,529
Current liabilities:    
Accounts payable 278 288
Accrued liabilities 127 120
Other current liabilities 12 10
Total current liabilities 417 418
Long-term operating lease liabilities 31 30
Other long-term liabilities 21 18
Total liabilities 469 466
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; 106,022,368 and 106,257,565 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 2,024 2,032
Accumulated deficit (770) (828)
Accumulated other comprehensive loss (141) (145)
DNOW Inc. stockholders' equity 1,114 1,060
Noncontrolling interest 4 3
Total stockholders' equity 1,118 1,063
Total liabilities and stockholders' equity $ 1,587 $ 1,529