XML 23 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows From Operating Activities:  
Net income (loss)$ 72$ (5)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:  
Depreciation and amortization351332
Amortization of deferred financing costs and original issue discounts1717
Gain on sales of rental equipment(42)(30)
Gain on sales of non-rental equipment(2)(1)
Stock compensation expense, net96
Restructuring charge519
Loss on repurchase/redemption of debt securities 3
Loss on retirement of subordinated convertible debentures1 
Increase (decrease) in deferred taxes16(35)
Changes in operating assets and liabilities:  
Increase in accounts receivable(60)(62)
Increase in inventory(17)(4)
Increase (decrease) in prepaid expenses and other assets(11)62
Increase in accounts payable10139
Increase in accrued expenses and other liabilities132
Net cash provided by operating activities453343
Cash Flows From Investing Activities:  
Purchases of rental equipment(631)(287)
Purchases of non-rental equipment(24)(20)
Proceeds from sales of rental equipment115104
Proceeds from sales of non-rental equipment116
Purchases of other companies(198) 
Net cash used in investing activities(727)(197)
Cash Flows From Financing Activities:  
Proceeds from debt1,4621,481
Payments of debt, including subordinated convertible debentures(1,383)(1,625)
Proceeds from the exercise of common stock options31 
Shares repurchased and retired(7)(1)
Cash paid in connection with the 4 percent Convertible Senior Notes and related hedge, net(11) 
Excess tax benefits from share-based payment arrangements, net (2)
Net cash provided by (used in) financing activities92(147)
Effect of foreign exchange rates52
Net (decrease) increase in cash and cash equivalents(177)1
Cash and cash equivalents at beginning of period203169
Cash and cash equivalents at end of period26170
Supplemental disclosure of cash flow information:  
Cash paid (received) for income taxes, net20(49)
Cash paid for interest, including subordinated convertible debentures$ 141$ 140