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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 337 $ 312
Accounts receivable, net of allowance for doubtful accounts of $55 at March 31, 2017 and $54 at December 31, 2016 854 920
Inventory 75 68
Prepaid expenses and other assets 54 61
Total current assets 1,320 1,361
Goodwill 3,262 3,260
Other intangible assets, net 701 742
Other long-term assets 6 6
Total assets 11,822 11,988
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 577 597
Accounts payable 382 243
Accrued expenses and other liabilities 358 344
Total current liabilities 1,317 1,184
Long-term debt 6,772 7,193
Deferred taxes 1,911 1,896
Other long-term liabilities 69 67
Total liabilities 10,069 10,340
Common stock—$0.01 par value, 500,000,000 shares authorized, 112,270,415 and 84,507,242 shares issued and outstanding, respectively, at March 31, 2017 and 111,985,215 and 84,222,042 shares issued and outstanding, respectively, at December 31, 2016 1 1
Additional paid-in capital 2,276 2,288
Retained earnings 1,763 1,654
Treasury stock at cost—27,763,173 shares at March 31, 2017 and December 31, 2016 (2,077) (2,077)
Accumulated other comprehensive loss (210) (218)
Total stockholders’ equity (deficit) 1,753 1,648
Total liabilities and stockholders’ equity 11,822 11,988
Rental equipment, net    
ASSETS    
Property, plant and equipment, net 6,107 6,189
Property and equipment, net    
ASSETS    
Property, plant and equipment, net $ 426 $ 430