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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 125 $ 106
Accounts receivable, net of allowance for doubtful accounts of $53 at September 30, 2013 and $64 at December 31, 2012 807 793
Inventory 91 68
Prepaid expenses and other assets 129 111
Deferred taxes 262 265
Total current assets 1,414 1,343
Rental equipment, net 5,599 4,966
Property and equipment, net 420 428
Goodwill, net 2,961 2,970
Other intangible assets, net 1,064 1,200
Other long-term assets 105 119
Total assets 11,563 11,026
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 630 [1] 630 [1]
Accounts payable 366 286
Accrued expenses and other liabilities 422 435
Total current liabilities 1,418 1,351
Long-term debt 6,952 6,679
Subordinated convertible debentures 0 55
Deferred taxes 1,395 1,302
Other long-term liabilities 69 65
Total liabilities 9,834 9,452
Temporary equity (note 6) 22 31
Common stock—$0.01 par value, 500,000,000 shares authorized, 97,783,061 and 93,231,395 shares issued and outstanding, respectively, at September 30, 2013 and 95,891,809 and 92,984,016 shares issued and outstanding, respectively, at December 31, 2012 1 1
Additional paid-in capital 2,030 1,997
Accumulated deficit (177) (424)
Treasury stock at cost—4,551,666 and 2,907,793 shares at September 30, 2013 and December 31, 2012, respectively (200) (115)
Accumulated other comprehensive income 53 84
Total stockholders’ equity 1,707 1,543
Total liabilities and stockholders’ equity $ 11,563 $ 11,026
[1] As of September 30, 2013, our short-term debt primarily reflects $462 of borrowings under our accounts receivable securitization facility and $134 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 September 30, 2013.