CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 218	$ 267
Receivables, net	1,572	1,610
Inventories	74	78
Prepaid expenses and other current assets	253	245
Total current assets	2,117	2,200
Revenue earning equipment, net	8,795	8,190
Operating property and equipment, net of accumulated depreciation of $1,429 and $1,377	1,132	1,148
Goodwill	861	861
Intangible assets, net	281	295
Operating lease right-of-use assets	766	715
Sales-type leases and other assets	1,019	986
Total assets	14,971	14,395
Current liabilities:
Short-term debt and current portion of long-term debt	1,330	1,349
Accounts payable	934	767
Accrued expenses and other current liabilities	1,147	1,200
Total current liabilities	3,411	3,316
Long-term debt	5,195	5,003
Other non-current liabilities	1,604	1,568
Deferred income taxes	1,665	1,571
Total liabilities	11,875	11,458
Commitments and contingencies (Note 14)
Shareholders' equity:
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, June 30, 2023 and December 31, 2022	0	0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, June 30, 2023 — 45,527,262 and December 31, 2022 — 46,286,664	23	23
Additional paid-in capital	1,154	1,192
Retained earnings	2,489	2,518
Accumulated other comprehensive loss	(570)	(796)
Total shareholders' equity	3,096	2,937
Total liabilities and shareholders' equity	$ 14,971	$ 14,395