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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 101 $ 144
Accounts receivable, net of allowance for doubtful accounts of $116 at March 31, 2022 and $112 at December 31, 2021 1,607 1,677
Inventory 179 164
Prepaid expenses and other assets 123 166
Total current assets 2,010 2,151
Goodwill 5,517 5,528
Other intangible assets, net 583 615
Operating lease right-of-use assets 792 784
Other long-term assets 38 42
Total assets 20,169 20,292
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 960 906
Accounts payable 828 816
Accrued expenses and other liabilities 809 881
Total current liabilities 2,597 2,603
Long-term debt 8,528 8,779
Deferred taxes 2,188 2,154
Operating lease liabilities 625 621
Other long-term liabilities 147 144
Total liabilities 14,085 14,301
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,687,661 and 71,867,762 shares issued and outstanding, respectively, at March 31, 2022 and 114,434,075 and 72,420,566 shares issued and outstanding, respectively, at December 31, 2021 1 1
Additional paid-in capital 2,535 2,567
Retained earnings 7,918 7,551
Treasury stock at cost—42,819,899 and 42,013,509 shares at March 31, 2022 and December 31, 2021, respectively (4,219) (3,957)
Accumulated other comprehensive loss (151) (171)
Total stockholders’ equity 6,084 5,991
Total liabilities and stockholders’ equity (deficit) 20,169 20,292
Rental equipment, net    
ASSETS    
Equipment 10,604 10,560
Property and equipment, net    
ASSETS    
Equipment $ 625 $ 612