Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 653 $ 903
Trade and other receivables, net 1,835 1,726
Inventory, net 1,474 1,411
Other current assets 224 125
Total current assets 4,186 4,165
Investments in equity securities 96 2,363
Property and equipment, at cost 2,685 2,564
Accumulated depreciation (1,363) (1,223)
Property and equipment, net 1,322 1,341
Intangible assets not subject to amortization (note 8):    
Goodwill 7,017 7,082
Trademarks 3,895 3,929
Indefinite Lived Intangible Assets Total 10,912 11,011
Intangible assets subject to amortization, net (note 7) 1,058 1,248
Other assets, at cost, net of accumulated amortization 267 359
Assets of discontinued operations (note 5)   3,635
Total assets 17,841 24,122
Liabilities and Equity    
Accounts payable 1,204 1,151
Accrued liabilities 1,182 1,125
Current portion of debt, including $990 million and $978 million measured at fair value (note 8) 1,410 996
Other current liabilities 155 169
Total current liabilities 3,951 3,441
Long-term debt, including $344 million and $868 million measured at fair value (note 8) 5,963 7,553
Deferred income tax liabilities 1,925 2,500
Other liabilities 258 242
Liabilities of discontinued operations   303
Total liabilities 12,097 14,039
Equity    
Additional paid-in capital   1,043
Accumulated other comprehensive earnings (loss), net of taxes (55) (133)
Retained earnings 5,675 9,068
Total stockholders' equity 5,624 9,984
Noncontrolling interests in equity of subsidiaries 120 99
Total equity 5,744 10,083
Total liabilities and equity 17,841 24,122
Common Class A    
Equity    
Common stock value 4 5
Total equity $ 4 5
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value   1
Total equity   $ 1