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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 513 $ 52
Accounts receivable, net of allowance for doubtful accounts of $107 at March 31, 2020 and $103 at December 31, 2019 1,413 1,530
Inventory 115 120
Prepaid expenses and other assets 173 140
Total current assets 2,214 1,842
Goodwill 5,122 5,154
Other intangible assets, net 823 895
Operating lease right-of-use assets 666 669
Other long-term assets 21 19
Total assets 18,868 18,970
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 854 997
Accounts payable 484 454
Accrued expenses and other liabilities 658 747
Total current liabilities 1,996 2,198
Long-term debt 10,743 10,431
Deferred taxes 1,878 1,887
Operating lease liabilities 530 533
Other long-term liabilities 86 91
Total liabilities 15,233 15,140
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,061,646 and 72,048,137 shares issued and outstanding, respectively, at March 31, 2020 and 113,825,667 and 74,362,195 shares issued and outstanding, respectively, at December 31, 2019 1 1
Additional paid-in capital 2,435 2,440
Retained earnings 5,448 5,275
Treasury stock at cost—42,013,509 and 39,463,472 shares at March 31, 2020 and December 31, 2019, respectively (3,957) (3,700)
Accumulated other comprehensive loss (292) (186)
Total stockholders’ equity 3,635 3,830
Total liabilities and stockholders’ equity (deficit) 18,868 18,970
Rental equipment, net    
ASSETS    
Property and equipment, net 9,422 9,787
Property and equipment, net    
ASSETS    
Property and equipment, net $ 600 $ 604