Consolidated Balance Sheets € in Millions, $ in Millions	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Current assets:
Cash and cash equivalents	$ 1,894	$ 1,614
Accounts receivables, net	1,033	1,047
Assets held for sale	1,104	15
Inventories, net	1,113	1,879
Other current assets	254	257
Total current assets	5,398	4,812
Non-current assets:
Other non-current assets	962	602
Property, plant and equipment, net	2,352	2,922
Identified intangible assets, net	7,343	8,790
Goodwill	8,843	9,228
Total non-current assets	19,500	21,542
Total assets	24,898	26,354
Current liabilities:
Accounts payable	973	1,014
Liabilities held for sale	198
Restructuring liabilities - current	129	197
Accrued liabilities	712	781
Short-term debt	421	556
Total current liabilities	2,433	2,548
Non-current liabilities:
Long-term debt	8,766	8,656
Restructuring liabilities	22	43
Deferred tax liabilities	1,659	2,293
Other non-current liabilities	862	1,011
Total non-current liabilities	11,309	12,003
Equity:
Non-controlling interests	221	288
Stockholders' equity:
Preferred stock, par value €0.20 per share: Authorized: 645,754,500 (2015: 645,754,500 shares) Issued: none
Common stock, par value €0.20 per share: Authorized: 430,503,000 shares (2015: 430,503,000 shares) Issued and fully paid: 346,002,862 shares (2015: 346,002,862 shares)	71	68
Capital in excess of par value	15,679	15,150
Treasury shares, at cost: 10,609,980 shares (2015: 3,998,982 shares)	(915)	(342)
Accumulated other comprehensive income (loss)	34	181
Accumulated deficit	(3,934)	(3,542)
Total Stockholders' equity	10,935	11,515
Total equity	11,156	11,803
Total liabilities and equity	$ 24,898	$ 26,354

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).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.