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MERGER (Tables)
3 Months Ended
Mar. 29, 2014
Assets Held for Sale and Liabilities Held for Sale

The entity’s assets and liabilities are presented in the Condensed Consolidated Balance Sheet at March 29, 2014, as Assets of consolidated joint venture held for sale and Liabilities of consolidated joint venture held for sale, respectively, and include the following:

 

(In millions)

      

Cash and cash equivalents

   $ 5   

Receivables, net

     15   

Inventories

     66   

Property and equipment, net

     39   

Goodwill

     24   

Other assets

     11   
  

 

 

 

Assets of consolidated joint venture held for sale

   $ 160   
  

 

 

 

Trade payables

   $ 27   

Accrued expenses

     17   

Debt

     10   

Other liabilities

     4   
  

 

 

 

Liabilities of consolidated joint venture held for sale

   $ 58