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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 91,738 $ 151,294
Receivables, net 1,194,557 1,182,350
Inventories 60,649 61,191
Prepaid expenses and other current assets 184,703 200,694
Total current assets 1,531,647 1,595,529
Revenue earning equipment, net 8,567,387 8,777,015
Operating property and equipment, net of accumulated depreciation of $1,217,211 and $1,212,164 930,501 927,058
Goodwill 475,400 475,245
Intangible assets, net 41,473 43,216
Sales-type leases and other assets 1,128,205 1,113,891
Total assets 12,674,613 12,931,954
Current liabilities:    
Short-term debt and current portion of long-term debt 789,928 516,581
Accounts payable 547,532 547,389
Accrued expenses and other current liabilities 947,791 989,178
Total current liabilities 2,285,251 2,053,148
Long-term debt 5,582,232 6,093,655
Other non-current liabilities 1,384,156 1,403,861
Deferred income taxes 1,143,287 1,125,733
Total liabilities 10,394,926 10,676,397
Commitments and Contingencies
Shareholders’ equity:    
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, March 31, 2021 and December 31, 2020 0 0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, March 31, 2021 — 53,870,387 and December 31, 2020 — 53,732,033 26,935 26,866
Additional paid-in capital 1,135,644 1,132,954
Retained earnings 1,919,875 1,912,942
Accumulated other comprehensive loss (802,767) (817,205)
Total shareholders’ equity 2,279,687 2,255,557
Total liabilities and shareholders’ equity $ 12,674,613 $ 12,931,954