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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 227 $ 175
Accounts receivable, net of allowance for doubtful accounts of $44 at March 31, 2014 and $49 at December 31, 2013 752 804
Inventory 102 70
Prepaid expenses and other assets 59 53
Deferred taxes 260 260
Total current assets 1,400 1,362
Rental equipment, net 5,406 5,374
Property and equipment, net 408 421
Goodwill, net 2,944 2,953
Other intangible assets, net 972 1,018
Other long-term assets 117 103
Total assets 11,247 11,231
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 265 [1] 604 [1]
Accounts payable 454 292
Accrued expenses and other liabilities 382 390
Total current liabilities 1,101 1,286
Long-term debt 6,774 6,569
Deferred taxes 1,481 1,459
Other long-term liabilities 67 69
Total liabilities 9,423 9,383
Temporary equity (note 6) 11 20
Common stock—$0.01 par value, 500,000,000 shares authorized, 102,707,899 and 97,527,696 shares issued and outstanding, respectively, at March 31, 2014 and 97,966,802 and 93,288,936 shares issued and outstanding, respectively, at December 31, 2013 1 1
Additional paid-in capital 2,061 2,054
Retained earnings (accumulated deficit) 23 (37)
Treasury stock at cost—5,180,203 and 4,677,866 shares at March 31, 2014 and December 31, 2013, respectively (252) (209)
Accumulated other comprehensive (loss) income (20) 19
Total stockholders’ equity 1,813 1,828
Total liabilities and stockholders’ equity $ 11,247 $ 11,231
[1] As of March 31, 2014, our short-term debt primarily reflects $140 of borrowings under our accounts receivable securitization facility and $89 of 4 percent Convertible Senior Notes. The 4 percent Convertible Senior Notes mature in November 2015, but are reflected as short-term debt because they are redeemable at March 31, 2014.