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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 312 $ 179
Accounts receivable, net of allowance for doubtful accounts of $54 at December 31, 2016 and $55 at December 31, 2015 920 930
Inventory 68 69
Prepaid expenses and other assets 61 116
Total current assets 1,361 1,294
Goodwill 3,260 3,243
Other intangible assets, net 742 905
Other long-term assets 6 10
Total assets 11,988 12,083
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 597 607
Accounts payable 243 271
Accrued expenses and other liabilities 344 355
Total current liabilities 1,184 1,233
Long-term debt 7,193 7,555
Deferred taxes 1,896 1,765
Other long-term liabilities 67 54
Total liabilities 10,340 10,607
Common stock—$0.01 par value, 500,000,000 shares authorized, 111,985,215 and 84,222,042 shares issued and outstanding, respectively, at December 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 2,288 2,197
Retained earnings 1,654 1,088
Treasury stock at cost—27,763,173 and 19,810,149 shares at December 31, 2016 and December 31, 2015, respectively (2,077) (1,560)
Accumulated other comprehensive loss (218) (250)
Total stockholders’ equity 1,648 1,476
Total liabilities and stockholders’ equity 11,988 12,083
Rental equipment, net    
ASSETS    
Property, plant and equipment, net 6,189 6,186
Property and equipment, net    
ASSETS    
Property, plant and equipment, net $ 430 $ 445