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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 175 $ 106
Accounts receivable, net of allowance for doubtful accounts of $49 at December 31, 2013 and $64 at December 31, 2012 804 793
Inventory 70 68
Prepaid expenses and other assets 53 111
Deferred taxes 260 265
Total current assets 1,362 1,343
Rental equipment, net 5,374 4,966
Property and equipment, net 421 428
Goodwill, net 2,953 [1] 2,970 [1]
Other intangible assets, net 1,018 1,200
Other long-term assets 103 119
Total assets 11,231 11,026
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 604 630
Accounts payable 292 286
Accrued expenses and other liabilities 390 435
Total current liabilities 1,286 1,351
Long-term debt 6,569 6,679
Subordinated convertible debentures 0 55
Deferred taxes 1,459 1,302
Other long-term liabilities 69 65
Total liabilities 9,383 9,452
Temporary equity (note 12) 20 31
Common stock—$0.01 par value, 500,000,000 shares authorized, 97,966,802 and 93,288,936 shares issued and outstanding, respectively, at December 31, 2013 and 95,891,809 and 92,984,016 shares issued and outstanding, respectively, at December 31, 2012 1 1
Additional paid-in capital 2,054 1,997
Accumulated deficit (37) (424)
Treasury stock at cost—4,677,866 and 2,907,793 shares at December 31, 2013 and December 31, 2012, respectively (209) (115)
Accumulated other comprehensive income 19 84
Total stockholders’ equity 1,828 1,543
Total liabilities and stockholders’ equity $ 11,231 $ 11,026
[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.