Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 695 $ 654
Trade and other receivables, net 230 191
Short term marketable securities 35 118
Other current assets 85 47
Total current assets 1,045 1,010
Investments in available-for-sale securities 27 16
Property and equipment, at cost 226 225
Accumulated depreciation (61) (49)
Property and equipment, net 165 176
Intangible assets not subject to amortization:    
Goodwill 2,445 3,694
Trademarks 1,272 1,782
Intangible assets not subject to amortization 3,717 5,476
Intangible assets subject to amortization, net 382 487
Other assets, at cost, net of accumulated amortization 148 117
Total assets 5,484 7,282
Current liabilities:    
Deferred Merchant and other payables 164 146
Accrued liabilities 135 132
Long-term Debt, Current Maturities 7 80
Deferred revenue 60 64
Other current liabilities 6 13
Total current liabilities 372 435
Total long-term debt 704 555
Deferred income tax liabilities 332 659
Other liabilities 323 209
Total liabilities 1,731 1,858
Equity:    
Preferred Stock value
Additional paid-in capital 250 245
Accumulated other comprehensive earnings, net of taxes (23) (36)
Retained earnings 196 593
Total stockholders' equity 424 803
Noncontrolling interests in equity of subsidiaries 3,329 4,621
Total equity 3,753 5,424
Total liabilities and equity 5,484 7,282
Series A    
Equity:    
Common stock value $ 1 $ 1