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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 185 $ 280
Receivables, less allowances of $19 and $21, respectively 177 178
Inventories 41 46
Prepaid expenses and other assets 89 81
Current assets held for sale 883 45
Total Current Assets 1,376 629
Other Assets:    
Property and equipment, net 192 205
Operating lease right-of-use assets 91 95
Goodwill 2,095 2,096
Intangible assets, primarily trade names, service marks and trademarks, net 1,149 1,169
Restricted cash 89 89
Notes receivable 30 32
Long-term marketable securities 12 13
Deferred customer acquisition costs 86 94
Other assets 81 72
Long-term assets held for sale 829
Total Assets 5,201 5,322
Current Liabilities:    
Accounts payable 92 96
Accrued liabilities:    
Payroll and related expenses 50 54
Self-insured claims and related expenses 84 72
Accrued interest payable 22 16
Other 95 82
Deferred revenue 108 107
Current portion of lease liability 19 19
Current portion of long-term debt [1] 100 70
Current liabilities held for sale 48 40
Total Current Liabilities 617 557
Long-Term Debt 1,622 1,667
Other Long-Term Liabilities:    
Deferred taxes 486 499
Other long-term obligations, primarily self-insured claims 180 158
Long-term lease liability 107 110
Long-term liabilities held for sale 9
Total Other Long-Term Liabilities 772 776
Commitments and Contingencies (Note 6)
Stockholders' Equity:    
Common stock $0.01 par value (authorized 2,000,000,000 shares with 148,135,587 shares issued and 131,923,361 shares outstanding at March 31, 2020, and 147,872,959 shares issued and 135,408,054 outstanding at December 31, 2019) 2 2
Additional paid-in capital 2,341 2,334
Retained earnings 305 291
Accumulated other comprehensive (loss) income (41) 9
Less common stock held in treasury, at cost (16,212,226 shares at March 31, 2020 and 12,464,905 shares at December 31, 2019) (417) (313)
Total Stockholders' Equity 2,190 2,322
Total Liabilities and Stockholders' Equity $ 5,201 $ 5,322
[1] The increase in the current portion of long-term debt consists of deferred purchase price and earnout payments on acquisitions due within 12 months.