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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 43 $ 352
Accounts receivable, net of allowance for doubtful accounts of $93 at December 31, 2018 and $68 at December 31, 2017 1,545 1,233
Inventory 109 75
Prepaid expenses and other assets 64 112
Total current assets 1,761 1,772
Rental equipment, net 9,600 7,824
Property and equipment, net 614 467
Goodwill 5,058 4,082
Other intangible assets, net 1,084 875
Other long-term assets 16 10
Total assets 18,133 15,030
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 903 723
Accounts payable 536 409
Accrued expenses and other liabilities 677 536
Total current liabilities 2,116 1,668
Long-term debt 10,844 8,717
Deferred taxes 1,687 1,419
Other long-term liabilities 83 120
Total liabilities 14,730 11,924
Common stock—$0.01 par value, 500,000,000 shares authorized, 112,907,209 and 79,872,956 shares issued and outstanding, respectively, at December 31, 2018 and 112,394,395 and 84,463,662 shares issued and outstanding, respectively, at December 31, 2017 1 1
Additional paid-in capital 2,408 2,356
Retained earnings 4,101 3,005
Treasury stock at cost—33,034,253 and 27,930,733 shares at December 31, 2018 and December 31, 2017, respectively (2,870) (2,105)
Accumulated other comprehensive loss (237) (151)
Total stockholders’ equity 3,403 3,106
Total liabilities and stockholders’ equity $ 18,133 $ 15,030