Net Operating Working Capital (NOWC)

Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020?

Mimi's Gymnastics Inc.: Balance Sheets as of December 31
(Millions of Dollars)
		2020
Assets
Cash		$150
Short-term investments		190
Accounts receivable		1,200
Inventories		900
Total current assets		$2,440
Net plant and equipment		2,500
Total assets		$4,940
Liabilities and Equity
Accounts payable		$700
Accruals		300
Notes payable		210
Total current liabilities		$1,210
Long-term debt		600
Total liabilities		$1,810
Common stock		2,500
Retained earnings		630
Total common equity		$3,130
Total liabilities and equity		$4,940

Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.

$ million