CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 204	$ 267
Receivables, net	1,714	1,610
Prepaid expenses and other current assets	347	323
Total current assets	2,265	2,200
Revenue earning equipment, net	8,892	8,190
Operating property and equipment, net	1,217	1,148
Goodwill	940	861
Intangible assets, net	396	295
Operating lease right-of-use assets	1,016	715
Sales-type leases and other assets	1,052	986
Total assets	15,778	14,395
Current liabilities:
Short-term debt and current portion of long-term debt	1,583	1,349
Accounts payable	833	767
Accrued expenses and other current liabilities	1,233	1,200
Total current liabilities	3,649	3,316
Long-term debt	5,531	5,003
Other non-current liabilities	1,871	1,568
Deferred income taxes	1,658	1,571
Total liabilities	12,709	11,458
Commitments and contingencies (Note 21)
Shareholders’ equity:
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, December 31, 2023 and 2022	0	0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, December 31, 2023 — 43,902,065 and December 31, 2022 — 46,286,664	22	23
Additional paid-in capital	1,148	1,192
Retained earnings	2,554	2,518
Accumulated other comprehensive loss	(655)	(796)
Total shareholders’ equity	3,069	2,937
Total liabilities and shareholders’ equity	$ 15,778	$ 14,395