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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 302 $ 280
Receivables, less allowances of $22 and $21, respectively 205 178
Inventories 45 46
Prepaid expenses and other assets 68 81
Current assets held for sale 884 45
Total Current Assets 1,505 629
Other Assets:    
Property and equipment, net 189 205
Operating lease right-of-use assets 86 95
Goodwill 2,103 2,096
Intangible assets, primarily trade names, service marks and trademarks, net 1,146 1,169
Restricted cash 89 89
Notes receivable 33 32
Long-term marketable securities 13 13
Deferred customer acquisition costs 96 94
Other assets 78 72
Long-term assets held for sale 829
Total Assets 5,339 5,322
Current Liabilities:    
Accounts payable 115 96
Accrued liabilities:    
Payroll and related expenses 75 54
Self-insured claims and related expenses 84 72
Accrued interest payable 12 16
Other 108 82
Deferred revenue 112 107
Current portion of lease liability 18 19
Current portion of long-term debt [1] 104 70
Current liabilities held for sale 54 40
Total Current Liabilities 683 557
Long-Term Debt 1,620 1,667
Other Long-Term Liabilities:    
Deferred taxes 486 499
Other long-term obligations, primarily self-insured claims 196 158
Long-term lease liability 103 110
Long-term liabilities held for sale 9
Total Other Long-Term Liabilities 786 776
Commitments and Contingencies (Note 6)
Stockholders' Equity:    
Common stock $0.01 par value (authorized 2,000,000,000 shares with 148,193,311 shares issued and 131,981,085 shares outstanding at June 30, 2020, and 147,872,959 shares issued and 135,408,054 outstanding at December 31, 2019) 2 2
Additional paid-in capital 2,348 2,334
Retained earnings 358 291
Accumulated other comprehensive (loss) income (40) 9
Less common stock held in treasury, at cost (16,212,226 shares at June 30, 2020 and 12,464,905 shares at December 31, 2019) (417) (313)
Total Stockholders' Equity 2,251 2,322
Total Liabilities and Stockholders' Equity $ 5,339 $ 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.