Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 681 $ 695
Accounts receivable and contract assets, net of allowance for doubtful accounts of $19 million and $16 million, respectively 237 230
Other current assets 27 120
Total current assets 945 1,045
Property and equipment, at cost 232 226
Accumulated depreciation (76) (61)
Property and equipment, net 156 165
Intangible assets not subject to amortization:    
Goodwill 2,447 2,445
Trademarks 1,268 1,272
Intangible assets not subject to amortization 3,715 3,717
Intangible assets subject to amortization, net 334 382
Other assets, at cost, net of accumulated amortization 115 175
Total assets 5,265 5,484
Current liabilities:    
Deferred merchant and other payables 226 164
Accrued liabilities 140 135
Current portion of debt (note 6) 217 7
Deferred revenue 73 60
Other current liabilities 15 6
Total current liabilities 671 372
Long-term debt (note 6) 267 704
Deferred income tax liabilities 325 332
Other liabilities 277 323
Total liabilities 1,540 1,731
Equity:    
Additional paid-in capital 231 250
Accumulated other comprehensive earnings (loss), net of taxes (27) (23)
Retained earnings 141 196
Total stockholders' equity 346 424
Noncontrolling interests in equity of subsidiaries 3,379 3,329
Total equity 3,725 3,753
Commitments and contingencies (note 7)
Total liabilities and equity 5,265 5,484
Preferred Stock    
Equity:    
Preferred stock, $.01 par value. Authorized shares 50,000,000; no shares issued.
Series A    
Equity:    
Common stock value 1 1
Series B    
Equity:    
Common stock value
Series C    
Equity:    
Common stock value