XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 278 $ 202
Accounts receivable, net of allowance for doubtful accounts of $104 at March 31, 2021 and $108 at December 31, 2020 1,254 1,315
Inventory 114 125
Prepaid expenses and other assets 358 375
Total current assets 2,004 2,017
Goodwill 5,167 5,168
Other intangible assets, net 592 648
Operating lease right-of-use assets 681 688
Other long-term assets 38 38
Total assets 17,542 17,868
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 585 704
Accounts payable 562 466
Accrued expenses and other liabilities 694 720
Total current liabilities 1,841 1,890
Long-term debt 8,497 8,978
Deferred taxes 1,773 1,768
Operating lease liabilities 541 549
Other long-term liabilities 145 138
Total liabilities 12,797 13,323
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,388,860 and 72,375,351 shares issued and outstanding, respectively, at March 31, 2021 and 114,210,157 and 72,196,648 shares issued and outstanding, respectively, at December 31, 2020 1 1
Additional paid-in capital 2,473 2,482
Retained earnings 6,368 6,165
Treasury stock at cost—42,013,509 shares at March 31, 2021 and December 31, 2020 (3,957) (3,957)
Accumulated other comprehensive loss (140) (146)
Total stockholders’ equity 4,745 4,545
Total liabilities and stockholders’ equity (deficit) 17,542 17,868
Rental equipment, net    
ASSETS    
Equipment 8,476 8,705
Property and equipment, net    
ASSETS    
Equipment $ 584 $ 604