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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 288 $ 280
Receivables, less allowances of $24 and $22, respectively 214 178
Inventories 40 46
Prepaid expenses and other assets 73 81
Current assets held for sale 892 45
Total Current Assets 1,507 629
Other Assets:    
Property and equipment, net 181 204
Operating lease right-of-use assets 83 95
Goodwill 2,127 2,096
Intangible assets, primarily trade names, service marks and trademarks, net 1,113 1,169
Restricted cash 89 89
Notes receivable 32 32
Long-term marketable securities 13 13
Deferred customer acquisition costs 105 94
Other assets 76 68
Long-term assets held for sale 834
Total Assets 5,326 5,322
Current Liabilities:    
Accounts payable 100 96
Accrued liabilities:    
Payroll and related expenses 92 54
Self-insured claims and related expenses 87 72
Accrued interest payable 17 16
Other 159 82
Deferred revenue 104 107
Current portion of lease liability 17 19
Current portion of long-term debt [1] 100 69
Current liabilities held for sale 62 42
Total Current Liabilities 740 557
Long-Term Debt 1,565 1,666
Other Long-Term Liabilities:    
Deferred taxes 480 499
Other long-term obligations, primarily self-insured claims 203 158
Long-term lease liability 99 110
Long-term liabilities held for sale 11
Total Other Long-Term Liabilities 783 777
Commitments and Contingencies (Note 6)
Stockholders' Equity:    
Common stock $0.01 par value (authorized 2,000,000,000 shares with 148,256,197 shares issued and 132,043,971 outstanding at September 30, 2020 and 147,872,959 shares issued and 135,408,054 outstanding at December 31, 2019) 2 2
Additional paid-in capital 2,352 2,334
Retained Earnings 351 291
Accumulated other comprehensive (loss) income (49) 9
Less common stock held in treasury, at cost (16,212,226 shares at September 30, 2020 and 12,464,905 shares at December 31, 2019) (417) (313)
Total Stockholders' Equity 2,239 2,322
Total Liabilities and Stockholders' Equity $ 5,326 $ 5,322
[1] The current portion of long-term debt consists of deferred purchase price and earnout payments on acquisitions and scheduled principal payments of long-term debt due within 12 months.