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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 65 $ 352
Accounts receivable, net of allowance for doubtful accounts of $77 at September 30, 2018 and $68 at December 31, 2017 1,438 1,233
Inventory 104 75
Prepaid expenses and other assets 85 112
Total current assets 1,692 1,772
Rental equipment, net 8,910 7,824
Property and equipment, net 529 467
Goodwill 4,313 4,082
Other intangible assets, net 895 875
Other long-term assets 15 10
Total assets 16,354 15,030
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 896 723
Accounts payable 688 409
Accrued expenses and other liabilities 503 536
Total current liabilities 2,087 1,668
Long-term debt 9,182 8,717
Deferred taxes 1,628 1,419
Other long-term liabilities 123 120
Total liabilities 13,020 11,924
Common stock—$0.01 par value, 500,000,000 shares authorized, 112,874,448 and 81,537,040 shares issued and outstanding, respectively, at September 30, 2018 and 112,394,395 and 84,463,662 shares issued and outstanding, respectively, at December 31, 2017 1 1
Additional paid-in capital 2,380 2,356
Retained earnings 3,791 3,005
Treasury stock at cost—31,337,408 and 27,930,733 shares at September 30, 2018 and December 31, 2017, respectively (2,660) (2,105)
Accumulated other comprehensive loss (178) (151)
Total stockholders’ equity (deficit) 3,334 3,106
Total liabilities and stockholders’ equity (deficit) $ 16,354 $ 15,030