Consolidated Balance Sheets € in Millions, $ in Millions	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Current assets:
Cash and cash equivalents	$ 2,789	$ 3,547
Accounts receivables, net	792	879
Inventories, net	1,279	1,236
Other current assets	365	382
Total current assets	5,225	6,044
Non-current assets:
Other non-current assets	545	981
Property, plant and equipment, net	2,436	2,295
Identified intangible assets, net	4,467	5,863
Goodwill	8,857	8,866
Total non-current assets	16,305	18,005
Total assets	21,530	24,049
Current liabilities:
Accounts payable	999	1,146
Restructuring liabilities - current	60	74
Accrued liabilities	1,219	747
Short-term debt	1,107	751
Total current liabilities	3,385	2,718
Non-current liabilities:
Long-term debt	6,247	5,814
Restructuring liabilities	5	15
Deferred tax liabilities	450	701
Other non-current liabilities	753	1,085
Total non-current liabilities	7,455	7,615
Equity:
Non-controlling interests	185	189
Stockholders’ equity:
Preferred stock, par value €0.20 per share: Authorized: 645,754,500 (2017: 645,754,500 shares) Issued: none	0	0
Common stock, par value €0.20 per share: Authorized: 430,503,000 shares (2017: 430,503,000 shares) Issued and fully paid: 328,702,719 shares (2017: 346,002,862 shares)	67	71
Capital in excess of par value	15,460	15,960
Treasury shares, at cost: 35,913,021 shares (2017: 3,078,470 shares)	(3,238)	(342)
Accumulated other comprehensive income (loss)	123	177
Accumulated deficit	(1,907)	(2,339)
Total Stockholders’ equity	10,505	13,527
Total equity	10,690	13,716
Total liabilities and equity	$ 21,530	$ 24,049

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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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.