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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 2,285 $ 377
Accounts receivable, net of allowances of $79 and $58, respectively 2,244 2,500
Other current assets 501 465
Total current assets 5,030 3,342
Long-term assets    
Property and equipment, net of $2,291 and $2,054 in accumulated depreciation, respectively 2,597 2,704
Operating lease assets 2,226 2,245
Goodwill 4,422 4,450
Identifiable intangible assets, net of $864 and $850 in accumulated amortization, respectively 1,015 1,092
Other long-term assets 351 295
Total long-term assets 10,611 10,786
Total assets 15,641 14,128
Current liabilities    
Accounts payable 840 1,157
Accrued expenses 1,673 1,414
Short-term borrowings and current maturities of long-term debt 198 84
Short-term operating lease liabilities 460 468
Other current liabilities 158 135
Total current liabilities 3,329 3,258
Long-term debt 6,939 5,182
Deferred tax liability 507 495
Employee benefit obligations 155 157
Long-term operating lease liabilities 1,770 1,776
Other long-term liabilities 307 364
Total long-term liabilities 9,678 7,974
Stockholders’ equity    
Convertible perpetual preferred stock, $0.001 par value; 10 shares authorized; 0.07 of Series A shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 41 41
Common stock, $0.001 par value; 300 shares authorized; 91 and 92 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 0 0
Additional paid-in capital 1,963 2,061
Retained earnings 672 786
Accumulated other comprehensive loss (192) (145)
Total stockholders’ equity before noncontrolling interests 2,484 2,743
Noncontrolling interests 150 153
Total equity 2,634 2,896
Total liabilities and equity $ 15,641 $ 14,128