Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets

v3.6.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 654 $ 644
Trade and other receivables, net 191 181
Marketable securities 118 47
Other current assets 47 34
Total current assets 1,010 906
Investments in available-for-sale securities 16 37
Property and equipment, at cost 225 216
Accumulated depreciation (49) (36)
Property and equipment, net 176 180
Intangible Assets [Abstract]    
Goodwill 3,694 3,689
Trademarks 1,782 1,803
Intangible assets not subject to amortization 5,476 5,492
Intangible assets subject to amortization, net 487 625
Other assets, at cost, net of accumulated amortization 117 45
Total assets 7,282 7,285
Current liabilities:    
Deferred Merchant and other payables 146 121
Accrued liabilities 132 129
Long-term Debt, Current Maturities 80 1
Deferred revenue 64 64
Other current liabilities 13 5
Total current liabilities 435 320
Total long-term debt 555 620
Deferred income tax liabilities 659 719
Other liabilities 209 190
Total liabilities 1,858 1,849
Equity:    
Preferred Stock value
Additional paid-in capital 245 260
Accumulated other comprehensive earnings, net of taxes (36) (25)
Retained earnings 593 572
Total stockholders' equity 803 808
Noncontrolling interests in equity of combined companies 4,621 4,628
Total equity 5,424 5,436
Total liabilities and equity 7,282 7,285
Series A    
Equity:    
Common stock value $ 1 $ 1