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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 147 $ 106
Accounts receivable, net of allowance for doubtful accounts of $65 at March 31, 2013 and $64 at December 31, 2012 725 793
Inventory 103 68
Prepaid expenses and other assets 81 111
Deferred taxes 255 265
Total current assets 1,311 1,343
Rental equipment, net 4,963 4,966
Property and equipment, net 420 428
Goodwill, net 2,963 2,970
Other intangible assets, net 1,151 1,200
Other long-term assets 113 119
Total assets 10,921 11,026
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 567 [1] 630 [1]
Accounts payable 406 286
Accrued expenses and other liabilities 396 435
Total current liabilities 1,369 1,351
Long-term debt 6,580 6,679
Subordinated convertible debentures 17 55
Deferred taxes 1,293 1,302
Other long-term liabilities 67 65
Total liabilities 9,326 9,452
Temporary equity (note 6) 29 31
Common stock—$0.01 par value, 500,000,000 shares authorized, 97,487,189 and 94,232,796 shares issued and outstanding, respectively, at March 31, 2013 and 95,891,809 and 92,984,016 shares issued and outstanding, respectively, at December 31, 2012 1 1
Additional paid-in capital 2,037 1,997
Accumulated deficit (403) (424)
Treasury stock at cost—3,254,393 and 2,907,793 shares at March 31, 2013 and December 31, 2012, respectively (133) (115)
Accumulated other comprehensive income 64 84
Total stockholders’ equity 1,566 1,543
Total liabilities and stockholders’ equity $ 10,921 $ 11,026
[1] As of March 31, 2013, our short-term debt primarily reflects $390 of borrowings under our accounts receivable securitization facility and $139 of 4 percent Convertible Senior Notes. The 4 percent Convertible Senior Notes mature in 2015, but are reflected as short-term debt because they are redeemable at March 31, 2013.