XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 542 $ 457
Accounts receivable, net 2,298 2,357
Inventory 227 200
Prepaid expenses and other assets 174 235
Total current assets 3,241 3,249
Goodwill 6,860 6,900
Other intangible assets, net 642 663
Operating lease right-of-use assets 1,323 1,337
Other long-term assets 53 49
Total assets 28,050 28,163
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 1,420 1,178
Accounts payable 1,029 748
Accrued expenses and other liabilities 1,345 1,397
Total current liabilities 3,794 3,323
Long-term debt 11,502 12,228
Deferred taxes 2,692 2,685
Operating lease liabilities 1,071 1,089
Other long-term liabilities 202 216
Total liabilities 19,261 19,541
Common stock—$0.01 par value, 500,000,000 shares authorized, 115,270,866 and 64,997,902 shares issued and outstanding, respectively, at March 31, 2025 and 115,179,350 and 65,305,731 shares issued and outstanding, respectively, at December 31, 2024 1 1
Additional paid-in capital 2,688 2,691
Retained earnings 14,214 13,813
Treasury stock at cost—50,272,964 and 49,873,619 shares at March 31, 2025 and December 31, 2024, respectively (7,730) (7,478)
Accumulated other comprehensive loss (384) (405)
Total stockholders’ equity 8,789 8,622
Total liabilities and stockholders’ equity 28,050 28,163
Rental equipment, net    
ASSETS    
Equipment 14,885 14,931
Property and equipment, net    
ASSETS    
Equipment $ 1,046 $ 1,034