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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 227 $ 106
Accounts receivable, net 2,138 2,004
Inventory 210 232
Prepaid expenses and other assets 263 381
Total current assets 2,838 2,723
Goodwill 5,826 6,026
Other intangible assets, net 773 452
Operating lease right-of-use assets 1,097 819
Other long-term assets 49 47
Total assets 25,506 24,183
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 1,444 161
Accounts payable 1,339 1,139
Accrued expenses and other liabilities 1,027 1,145
Total current liabilities 3,810 2,445
Long-term debt 10,493 11,209
Deferred taxes 2,724 2,671
Operating lease liabilities 896 642
Other long-term liabilities 169 154
Total liabilities 18,092 17,121
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,951,676 and 68,280,874 shares issued and outstanding, respectively, at June 30, 2023 and 114,758,508 and 69,356,981 shares issued and outstanding, respectively, at December 31, 2022 1 1
Additional paid-in capital 2,621 2,626
Retained earnings 10,493 9,656
Treasury stock at cost—46,670,802 and 45,401,527 shares at June 30, 2023 and December 31, 2022, respectively (5,460) (4,957)
Accumulated other comprehensive loss (241) (264)
Total stockholders’ equity 7,414 7,062
Total liabilities and stockholders’ equity (deficit) 25,506 24,183
Rental equipment, net    
ASSETS    
Equipment 14,068 13,277
Property and equipment, net    
ASSETS    
Equipment $ 855 $ 839