CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 158		$ 175
Accounts receivable, net of allowance for doubtful accounts of $43 at December 31, 2014 and $49 at December 31, 2013	940		804
Inventory	78		70
Prepaid expenses and other assets	122		53
Deferred taxes	248		260
Total current assets	1,546		1,362
Goodwill	3,272	[1]	2,953	[1]
Other intangible assets, net	1,106		1,018
Other long-term assets	97		103
Total assets	12,467	[2]	11,231	[2]
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	618		604
Accounts payable	285		292
Accrued expenses and other liabilities	575		390
Total current liabilities	1,478		1,286
Long-term debt	7,434		6,569
Deferred taxes	1,692		1,459
Other long-term liabilities	65		69
Total liabilities	10,669		9,383
Temporary equity (note 12)	2		20
Common stock—$0.01 par value, 500,000,000 shares authorized, 108,233,686 and 97,877,580 shares issued and outstanding, respectively, at December 31, 2014 and 97,966,802 and 93,288,936 shares issued and outstanding, respectively, at December 31, 2013	1		1
Additional paid-in capital	2,168		2,054
Retained earnings (accumulated deficit)	503		(37)
Treasury stock at cost—10,356,106 and 4,677,866 shares at December 31, 2014 and December 31, 2013, respectively	(802)		(209)
Accumulated other comprehensive (loss) income	(74)		19
Total stockholders’ equity	1,796		1,828
Total liabilities and stockholders’ equity	12,467		11,231
Rental equipment, net
ASSETS
Property, plant and equipment, net	6,008		5,374
Property and equipment, net
ASSETS
Property, plant and equipment, net	$ 438		$ 421

[1] The total carrying amount of goodwill for all periods in the table above is reflected net of $1,557 of accumulated impairment charges, which were primarily recorded in our general rentals segment.

[2] The increase in the trench safety, power and HVAC, and pump solutions assets in 2014 primarily reflects the impact of the National Pump acquisition discussed in note 3 to the consolidated financial statements.