Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 915 $ 654
Trade and other receivables, net 252 191
Marketable securities 17 118
Other current assets 25 47
Total current assets 1,209 1,010
Investments in available-for-sale securities 4 16
Property and equipment, at cost 225 225
Accumulated depreciation (54) (49)
Property and equipment, net 171 176
Intangible assets not subject to amortization:    
Goodwill 3,707 3,694
Trademarks 1,793 1,782
Intangible assets not subject to amortization 5,500 5,476
Intangible assets subject to amortization, net 434 487
Other assets, at cost, net of accumulated amortization 139 117
Total assets 7,457 7,282
Current liabilities:    
Deferred Merchant and other payables 351 146
Accrued liabilities 169 132
Long-term Debt, Current Maturities 7 80
Deferred revenue 90 64
Other current liabilities 8 13
Total current liabilities 625 435
Total long-term debt 728 555
Deferred income tax liabilities 644 659
Other liabilities 222 209
Total liabilities 2,219 1,858
Equity:    
Additional paid-in capital 239 245
Accumulated other comprehensive earnings, net of taxes (28) (36)
Retained earnings 578 593
Total stockholders' equity 790 803
Noncontrolling interests in equity of combined companies 4,448 4,621
Total equity 5,238 5,424
Commitments and contingencies
Total liabilities and equity 7,457 7,282
Preferred Stock    
Equity:    
Preferred Stock value
Series A    
Equity:    
Common stock value 1 1
Series B    
Equity:    
Common stock value
Series C    
Equity:    
Common stock value