XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 127 $ 52
Accounts receivable, net of allowance for doubtful accounts of $108 at June 30, 2020 and $103 at December 31, 2019 1,226 1,530
Inventory 107 120
Prepaid expenses and other assets 162 140
Total current assets 1,622 1,842
Goodwill 5,135 5,154
Other intangible assets, net 761 895
Operating lease right-of-use assets 666 669
Other long-term assets 21 19
Total assets 17,900 18,970
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 806 997
Accounts payable 316 454
Accrued expenses and other liabilities 799 747
Total current liabilities 1,921 2,198
Long-term debt 9,599 10,431
Deferred taxes 1,820 1,887
Operating lease liabilities 532 533
Other long-term liabilities 121 91
Total liabilities 13,993 15,140
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,092,170 and 72,078,661 shares issued and outstanding, respectively, at June 30, 2020 and 113,825,667 and 74,362,195 shares issued and outstanding, respectively, at December 31, 2019 1 1
Additional paid-in capital 2,450 2,440
Retained earnings 5,660 5,275
Treasury stock at cost—42,013,509 and 39,463,472 shares at June 30, 2020 and December 31, 2019, respectively (3,957) (3,700)
Accumulated other comprehensive loss (247) (186)
Total stockholders’ equity 3,907 3,830
Total liabilities and stockholders’ equity (deficit) $ 17,900 $ 18,970
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Rental equipment, net    
ASSETS    
Property and equipment, net $ 9,086 $ 9,787
Property and equipment, net    
ASSETS    
Property and equipment, net $ 609 $ 604