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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities:    
Net income $ 109 $ 92
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 310 310
Amortization of deferred financing costs and original issue discounts 2 2
Gain on sales of rental equipment (46) (47)
Gain on sales of non-rental equipment (1) (1)
Stock compensation expense, net 16 9
Merger related costs 2 0
Restructuring charge 0 2
Excess tax benefits from share-based payment arrangements 0 (27)
Increase in deferred taxes 10 25
Changes in operating assets and liabilities, net of amounts acquired:    
Decrease in accounts receivable 65 103
Increase in inventory (6) (4)
Decrease in prepaid expenses and other assets 9 64
Increase in accounts payable 139 56
Increase in accrued expenses and other liabilities 14 20
Net cash provided by operating activities 623 604
Cash Flows From Investing Activities:    
Purchases of other companies, net of cash acquired 0 (13)
Purchases of investments (1) 0
Net cash used in investing activities (134) (17)
Cash Flows From Financing Activities:    
Proceeds from debt 1,502 914
Payments of debt (1,939) (1,337)
Proceeds from the exercise of common stock options 1 0
Common stock repurchased (23) (164)
Payments of financing costs (7) 0
Excess tax benefits from share-based payment arrangements 0 27
Net cash used in financing activities (466) (560)
Effect of foreign exchange rates 2 13
Net increase in cash and cash equivalents 25 40
Cash and cash equivalents at beginning of period 312 179
Cash and cash equivalents at end of period 337 219
Supplemental disclosure of cash flow information:    
Cash paid (received) for income taxes, net 1 (53)
Cash paid for interest 90 69
Rental equipment    
Cash Flows From Investing Activities:    
Purchases of equipment (219) (100)
Proceeds from sales of equipment 106 115
Nonrental equipment    
Cash Flows From Investing Activities:    
Purchases of equipment (22) (23)
Proceeds from sales of equipment $ 2 $ 4