XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 265 $ 179
Accounts receivable, net of allowance for doubtful accounts of $55 at June 30, 2016 and December 31, 2015 867 930
Inventory 71 69
Prepaid expenses and other assets 61 116
Total current assets 1,264 1,294
Goodwill 3,259 3,243
Other intangible assets, net 825 905
Other long-term assets 10 10
Total assets 12,120 12,083
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 576 607
Accounts payable 609 271
Accrued expenses and other liabilities 323 355
Total current liabilities 1,508 1,233
Long-term debt 7,265 7,555
Deferred taxes 1,790 1,765
Other long-term liabilities 55 54
Total liabilities 10,618 10,607
Common stock—$0.01 par value, 500,000,000 shares authorized, 111,930,089 and 86,725,103 shares issued and outstanding, respectively, at June 30, 2016 and 111,586,585 and 91,776,436 shares issued and outstanding, respectively, at December 31, 2015 1 1
Additional paid-in capital 2,259 2,197
Retained earnings 1,314 1,088
Treasury stock at cost—25,204,986 and 19,810,149 shares at June 30, 2016 and December 31, 2015, respectively (1,885) (1,560)
Accumulated other comprehensive loss (187) (250)
Total stockholders’ equity (deficit) 1,502 1,476
Total liabilities and stockholders’ equity 12,120 12,083
Rental equipment, net    
ASSETS    
Property, plant and equipment, net 6,325 6,186
Property and equipment, net    
ASSETS    
Property, plant and equipment, net $ 437 $ 445