Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets

v3.3.1.900
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 644 $ 509
Trade and other receivables, net 181 153
Marketable securities 47 108
Other current assets 34 41
Total current assets 906 811
Investments in available-for-sale securities 37 31
Property and equipment, at cost 216 174
Accumulated depreciation (36) (36)
Property and equipment, net 180 138
Intangible Assets [Abstract]    
Goodwill 3,689 3,691
Trademarks 1,803 1,819
Intangible assets not subject to amortization 5,492 5,510
Intangible assets subject to amortization, net 625 841
Other assets, at cost, net of accumulated amortization 45 35
Total assets 7,285 7,366
Current liabilities:    
Accounts payable 121 118
Accrued liabilities 129 121
Current portion of debt 1 78
Deferred revenue 64 57
Other current liabilities 5 21
Total current liabilities 320 395
Total long-term debt 620 662
Deferred income tax liabilities 719 808
Other liabilities 190 154
Total liabilities $ 1,849 $ 2,019
Equity:    
Preferred Stock value
Additional paid-in capital $ 260 $ 296
Accumulated other comprehensive earnings, net of taxes (25) (12)
Retained earnings 572 612
Total stockholders' equity 808 897
Noncontrolling interests in equity of combined companies 4,628 4,450
Total equity 5,436 5,347
Total liabilities and equity 7,285 7,366
Series A    
Equity:    
Common stock value $ 1 $ 1