CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 168		$ 175
Accounts receivable, net of allowance for doubtful accounts of $38 at September 30, 2014 and $49 at December 31, 2013	941		804
Inventory	112		70
Prepaid expenses and other assets	64		53
Deferred taxes	93		260
Total current assets	1,378		1,362
Rental equipment, net	6,146		5,374
Property and equipment, net	423		421
Goodwill	3,270	[1]	2,953	[1]
Other intangible assets, net	1,165		1,018
Other long-term assets	101		103
Total assets	12,483		11,231
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	618	[2]	604	[2]
Accounts payable	505		292
Accrued expenses and other liabilities	572		390
Total current liabilities	1,695		1,286
Long-term debt	7,477		6,569
Deferred taxes	1,412		1,459
Other long-term liabilities	83		69
Total liabilities	10,667		9,383
Temporary equity (note 8)	3		20
Common stock—$0.01 par value, 500,000,000 shares authorized, 108,198,641 and 99,864,348 shares issued and outstanding, respectively, at September 30, 2014 and 97,966,802 and 93,288,936 shares issued and outstanding, respectively, at December 31, 2013	1		1
Additional paid-in capital	2,127		2,054
Retained earnings (accumulated deficit)	309		(37)
Treasury stock at cost—8,334,293 and 4,677,866 shares at September 30, 2014 and December 31, 2013, respectively	(589)		(209)
Accumulated other comprehensive (loss) income	(35)		19
Total stockholders’ equity	1,813		1,828
Total liabilities and stockholders’ equity	$ 12,483		$ 11,231

[1] The total carrying amount of goodwill for all periods in the table above is reflected net of $1,557 of accumulated impairment charges, which were primarily recorded in our general rentals segment.

[2] As of September 30, 2014, our short-term debt primarily reflects $550 of borrowings under our accounts receivable securitization facility and $31 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 were redeemable at September 30, 2014.