Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 798 $ 806
Trade and other receivables, net of allowance for doubtful accounts of $103 million and $132 million, respectively 1,185 1,640
Inventory, net 1,742 1,301
Indemnification agreement receivable 394 345
Other current assets 418 473
Total current assets 4,537 4,565
Property and equipment, net 1,196 1,300
Intangible assets not subject to amortization (note 5):    
Goodwill 6,592 6,638
Trademarks 3,168 3,168
Intangible assets not subject to amortization 9,760 9,806
Intangible assets subject to amortization, net (note 5) 794 779
Other assets, at cost, net of accumulated amortization 673 549
Total assets 16,960 16,999
Current liabilities:    
Accounts payable 1,238 1,305
Accrued liabilities 1,034 1,418
Current portion of debt, $1,983 million and $1,750 million measured at fair value (note 6) 1,983 1,750
Other current liabilities 190 231
Total current liabilities 4,445 4,704
Long-term debt (note 6) 5,311 5,186
Deferred income tax liabilities 1,318 1,359
Preferred stock (note 7) 1,260 1,249
Other liabilities 712 768
Total liabilities 13,046 13,266
Stockholders' equity :    
Accumulated other comprehensive earnings (loss), net of taxes (60) 72
Retained earnings 3,822 3,522
Total stockholders' equity 3,766 3,598
Noncontrolling interests in equity of subsidiaries 148 135
Total equity 3,914 3,733
Commitments and contingencies (note 9)
Total liabilities and equity 16,960 16,999
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