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Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 327 $ 274
Receivables, net 1,239 1,073
Inventories 2,573 2,611
Assets held for sale 290 2
Prepaid expenses and other current assets 253 294
Total current assets 4,682 4,254
Property, plant and equipment, net 1,256 1,299
Operating lease assets, net 1,301 1,361
Goodwill 4,426 4,540
Other intangibles, net 715 746
Equity method investments 179 181
Other noncurrent assets 219 225
Total assets 12,778 12,606
Current liabilities:    
Accounts payable 1,370 1,176
Accrued expenses:    
Accrued payroll-related liabilities 219 261
Refund liability 106 107
Other accrued expenses 330 271
Liabilities held for sale 127 0
Current portion of operating lease liabilities 192 203
Current portion of long-term obligations 31 35
Other current liabilities 120 112
Total current liabilities 2,495 2,165
Long-term operating lease liabilities, excluding current portion 1,161 1,209
Long-term obligations, excluding current portion 2,680 2,777
Deferred income taxes 270 279
Other noncurrent liabilities 349 365
Redeemable noncontrolling interest $ 24 $ 24
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 1,000.0 1,000.0
Common Stock, Shares, Issued 322.0 321.6
Common Stock, Shares, Outstanding 284.7 287.0
Stockholders' equity:    
Common stock, $0.01 par value, 1,000.0 shares authorized, 322.0 shares issued and 284.7 shares outstanding at March 31, 2022; 321.6 shares issued and 287.0 shares outstanding at December 31, 2021 $ 3 $ 3
Additional paid-in capital 1,482 1,474
Retained earnings 5,995 5,794
Accumulated other comprehensive loss $ (206) $ (153)
Treasury Stock, Common, Shares 37.3 34.6
Treasury stock, at cost; 37.3 shares at March 31, 2022 and 34.6 shares at December 31, 2021 $ (1,490) $ (1,346)
Total Company stockholders' equity 5,784 5,772
Noncontrolling interest 15 15
Total stockholders' equity 5,799 5,787
Total liabilities and stockholders' equity $ 12,778 $ 12,606