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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities:    
Net income $ 413 $ 416
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 927 926
Amortization of deferred financing costs and original issue discounts 7 8
Gain on sales of rental equipment (146) (164)
Gain on sales of non-rental equipment (3) (6)
Stock compensation expense, net 33 37
Merger related costs 0 (26)
Restructuring charge 8 1
Loss on repurchase/redemption of debt securities and amendment of ABL facility 36 123
Excess tax benefits from share-based payment arrangements (53) (57)
Increase in deferred taxes 90 94
Changes in operating assets and liabilities, net of amounts acquired:    
Decrease (increase) in accounts receivable 7 (72)
Increase in inventory (3) 0
Decrease in prepaid expenses and other assets 75 17
Increase in accounts payable 137 195
Increase in accrued expenses and other liabilities 102 65
Net cash provided by operating activities 1,630 1,557
Cash Flows From Investing Activities:    
Purchases of other companies, net of cash acquired (28) (86)
Net cash used in investing activities (865) (1,192)
Cash Flows From Financing Activities:    
Proceeds from debt 5,812 7,453
Payments of debt (6,021) (7,093)
Payment of contingent consideration 0 (52)
Proceeds from the exercise of common stock options 0 1
Common stock repurchased (488) (667)
Payments of financing costs (12) (27)
Excess tax benefits from share-based payment arrangements 53 57
Net cash used in financing activities (656) (328)
Effect of foreign exchange rates 9 (24)
Net increase in cash and cash equivalents 118 13
Cash and cash equivalents at beginning of period 179 158
Cash and cash equivalents at end of period 297 171
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net 14 55
Cash paid for interest 294 304
Rental equipment    
Cash Flows From Investing Activities:    
Purchases of equipment (1,145) (1,425)
Proceeds from sales of equipment 361 381
Nonrental equipment    
Cash Flows From Investing Activities:    
Purchases of equipment (65) (76)
Proceeds from sales of equipment $ 12 $ 14