Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,044 $ 673
Trade and other receivables, net of allowance for doubtful accounts of $147 million and $129 million, respectively 1,142 1,854
Inventory, net 1,481 1,413
Other current assets 702 636
Total current assets 4,369 4,576
Property and equipment, net 1,282 1,351
Intangible assets not subject to amortization (note 5):    
Goodwill 6,601 6,576
Trademarks 3,168 3,168
Intangible assets not subject to amortization 9,769 9,744
Intangible assets subject to amortization, net (note 5) 799 955
Other assets, at cost, net of accumulated amortization 573 679
Total assets 16,792 17,305
Current liabilities:    
Accounts payable 1,147 1,091
Accrued liabilities 1,101 1,173
Current portion of debt, including $1,682 million and $1,557 million measured at fair value (note 6) 1,682 1,557
Other current liabilities 226 180
Total current liabilities 4,156 4,001
Long-term debt (note 6) 5,184 5,855
Deferred income tax liabilities 1,744 1,716
Other liabilities 753 761
Preferred stock (note 7) 1,248  
Total liabilities 13,085 12,333
Stockholders' equity:    
Additional paid-in capital 27  
Accumulated other comprehensive earnings (loss), net of taxes 16 (55)
Retained earnings 3,531 4,891
Total stockholders' equity 3,578 4,840
Noncontrolling interests in equity of subsidiaries 129 132
Total equity 3,707 4,972
Commitments and contingencies (note 8)
Total liabilities and equity 16,792 17,305
Common Class A    
Stockholders' equity:    
Common stock value 4 4
Common Class B    
Stockholders' equity:    
Common stock value
Common Class C    
Stockholders' equity:    
Common stock value