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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 202 $ 52
Accounts receivable, net of allowance for doubtful accounts of $108 at December 31, 2020 and $103 at December 31, 2019 1,315 1,530
Inventory 125 120
Prepaid expenses and other assets 375 140
Total current assets 2,017 1,842
Goodwill 5,168 5,154
Other intangible assets, net 648 895
Operating lease right-of-use assets 688 669
Other long-term assets 38 19
Total assets 17,868 18,970
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 704 997
Accounts payable 466 454
Accrued expenses and other liabilities 720 747
Total current liabilities 1,890 2,198
Long-term debt 8,978 10,431
Deferred taxes 1,768 1,887
Operating lease liabilities 549 533
Other long-term liabilities 138 91
Total liabilities 13,323 15,140
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,210,157 and 72,196,648 shares issued and outstanding, respectively, at December 31, 2020 and 113,825,667 and 74,362,195 shares issued and outstanding, respectively, at December 31, 2019 1 1
Additional paid-in capital 2,482 2,440
Retained earnings 6,165 5,275
Treasury stock at cost—42,013,509 and 39,463,472 shares at December 31, 2020 and December 31, 2019, respectively (3,957) (3,700)
Accumulated other comprehensive loss (146) (186)
Total stockholders’ equity 4,545 3,830
Total liabilities and stockholders’ equity $ 17,868 $ 18,970
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Rental equipment, net    
ASSETS    
Property and equipment, net $ 8,705 $ 9,787
Property and equipment, net    
ASSETS    
Property and equipment, net $ 604 $ 604