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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 68 $ 144
Accounts receivable, net of allowance for doubtful accounts of $117 at June 30, 2022 and $112 at December 31, 2021 1,744 1,677
Inventory 199 164
Prepaid expenses and other assets 153 166
Total current assets 2,164 2,151
Goodwill 5,610 5,528
Other intangible assets, net 533 615
Operating lease right-of-use assets 802 784
Other long-term assets 41 42
Total assets 20,820 20,292
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 60 906
Accounts payable 1,065 816
Accrued expenses and other liabilities 898 881
Total current liabilities 2,023 2,603
Long-term debt 9,761 8,779
Deferred taxes 2,204 2,154
Operating lease liabilities 633 621
Other long-term liabilities 153 144
Total liabilities 14,774 14,301
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,704,863 and 70,112,526 shares issued and outstanding, respectively, at June 30, 2022 and 114,434,075 and 72,420,566 shares issued and outstanding, respectively, at December 31, 2021 1 1
Additional paid-in capital 2,570 2,567
Retained earnings 8,411 7,551
Treasury stock at cost—43,892,525 and 42,013,509 shares at June 30, 2022 and December 31, 2021, respectively (4,719) (3,957)
Accumulated other comprehensive loss (217) (171)
Total stockholders’ equity 6,046 5,991
Total liabilities and stockholders’ equity (deficit) 20,820 20,292
Rental equipment, net    
ASSETS    
Equipment 11,029 10,560
Property and equipment, net    
ASSETS    
Equipment $ 641 $ 612