Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 114	$ 164
Receivables, net	889	874
Inventories, net	1,062	1,192
Prepaid and other current assets	52	48
Total current assets	2,117	2,278
Property, plant and equipment, net	257	264
Operating right-of-use assets	148	160
Deferred income tax assets	10	11
Goodwill	700	617
Intangibles, net	556	565
Other assets	28	29
Total assets	3,816	3,924
Current liabilities:
Accounts payable	711	653
Accrued liabilities	262	300
Other current liabilities	18	21
Total current liabilities	991	974
Long-term debt	474	411
Long-term operating lease liabilities	109	129
Deferred income tax liabilities	74	99
Other long-term liabilities	70	73
Total liabilities	1,718	1,686
Commitments and contingencies (Note 12)
Stockholders' equity:
Common stock - par value $0.01; 330 million shares authorized; 180,910,798 and 186,125,254 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	2	2
Additional paid-in capital	3,123	3,193
Accumulated deficit	(901)	(836)
Accumulated other comprehensive loss	(131)	(126)
DNOW Inc. stockholders' equity	2,093	2,233
Noncontrolling interests	5	5
Total stockholders' equity	2,098	2,238
Total liabilities and stockholders' equity	$ 3,816	$ 3,924

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).