Quarterly report pursuant to Section 13 or 15(d)

Condensed Combined Balance Sheets

v2.4.0.8
Condensed Combined Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 589 $ 354
Trade and other receivables, net 187 122
Inventory, net 15 12
Short term marketable securities 51 131
Deferred income tax assets 6 6
Other current assets 18 18
Total current assets 866 643
Investments in available-for-sale securities 83 188
Property and equipment, at cost 124 55
Accumulated depreciation (26) (16)
Property and equipment, net 98 39
Intangible Assets [Abstract]    
Goodwill 3,565 3,460
Trademarks 1,838 1,832
Intangible assets not subject to amortization 5,403 5,292
Intangible assets subject to amortization, net 872 908
Other assets, at cost, net of accumulated amortization 33 19
Total assets 7,355 7,089
Current liabililities:    
Accounts payable 144 42
Accrued liabilities 109 94
Related party notes payable 42 30
Current portion of debt 73 69
Deferred revenue 61 47
Other current liabilities 31 29
Total current liabilities 460 311
Total long-term debt 280 300
Deferred income tax liabilities 836 853
Other liabilities 112 44
Total liabilities 1,688 1,508
Equity:    
Parent’s investment 209 226
Accumulated other comprehensive earnings, net of taxes 3  
Retained earnings 983 982
Total parent’s investment 1,195 1,208
Noncontrolling interests in equity of combined companies 4,472 4,373
Total equity 5,667 5,581
Total liabilities and equity $ 7,355 $ 7,089