XML 14 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 219 $ 179
Accounts receivable, net of allowance for doubtful accounts of $57 at March 31, 2016 and $55 at December 31, 2015 833 930
Inventory 74 69
Prepaid expenses and other assets 56 116
Total current assets 1,182 1,294
Goodwill 3,262 3,243
Other intangible assets, net 864 905
Other long-term assets 9 10
Total assets 11,784 12,083
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 550 607
Accounts payable 330 271
Accrued expenses and other liabilities 349 355
Total current liabilities 1,229 1,233
Long-term debt 7,203 7,555
Deferred taxes 1,797 1,765
Other long-term liabilities 54 54
Total liabilities 10,283 10,607
Common stock—$0.01 par value, 500,000,000 shares authorized, 111,892,071 and 89,376,656 shares issued and outstanding, respectively, at March 31, 2016 and 111,586,585 and 91,776,436 shares issued and outstanding, respectively, at December 31, 2015 1 1
Additional paid-in capital 2,221 2,197
Retained earnings 1,180 1,088
Treasury stock at cost—22,515,415 and 19,810,149 shares at March 31, 2016 and December 31, 2015, respectively (1,714) (1,560)
Accumulated other comprehensive loss (187) (250)
Total stockholders’ equity 1,501 1,476
Total liabilities and stockholders’ equity 11,784 12,083
Rental equipment, net    
ASSETS    
Property, plant and equipment, net 6,025 6,186
Property and equipment, net    
ASSETS    
Property, plant and equipment, net $ 442 $ 445