financial statements . as of december 31 , 2016 , we had cash and cash equivalents of $ 683 million and debt of $ 10478 million , including the current portion , net of capitalized debt issuance costs . of the $ 683 million cash and cash equivalents , approximately $ 470 million is held by our foreign entities and would generally be subject to u.s . income taxation upon repatriation to the u.s