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\begin{tabular}{|l|r|r|}\hline \multicolumn{1}{|c|}{ Balance Sheets (in millions)} & Paxon & Saxon \\\hline Assets & & \\\hline Cash and receivables & $2,860 & $720\\\hline Inventory & 1,700 & 900\\\hline Equity method investments & -- & 300\\\hline Land & 650 & 175\\\hline Buildings and equipment, net & 2,400 & 600\\\hline Total assets & $7,610 & $2,695\\\hline Liabilities and Shareholders' Equity & & \\\hline Current liabilities & 1,500 & 1,000\\\hline Long-term debt & 2,000 & 845\\\hline Common stock, par value & 500 & 50\\\hline Additional paid-in capital & 1,200 & 200\\\hline Retained earnings & 2,410 & 600\\\hline Total liabilities and shareholders' equity & $7,610 & $2,695\\\hline \hline \end{tabular}

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