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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 495 $ 333
Accounts receivable, net of allowances of $12 and $13, respectively 1,647 1,507
Other current assets 286 259
Total current assets 2,428 2,099
Long-term assets    
Property and equipment, net of $1,297 and $1,128 in accumulated depreciation, respectively 960 863
Operating lease assets 2,227 1,772
Goodwill 2,728 2,017
Intangible assets, net of $456 and $407 in accumulated amortization, respectively 570 257
Other long-term assets 306 263
Total long-term assets 6,791 5,172
Total assets 9,219 7,271
Current liabilities    
Accounts payable 717 624
Accrued expenses 995 998
Less: Short-term borrowings and obligations under finance leases 67 34
Current operating lease liabilities 560 453
Other current liabilities 193 220
Total current liabilities 2,532 2,329
Long-term liabilities    
Long-term debt and obligations under finance leases 1,739 927
Long-term operating lease liabilities 1,853 1,391
Other long-term liabilities 417 234
Total long-term liabilities 4,009 2,552
Commitments and Contingencies (Note 18)
Stockholders’ equity    
Common Stock, $0.01 par value per share, 300,000 shares authorized, 118,728 and 114,659 shares issued and outstanding, as of December 31, 2022 and 2021, respectively 1 1
Preferred Stock, $0.01 par value per share, 10,000 shares authorized, 0 shares issued and outstanding, as of December 31, 2022 and 2021 0 0
Additional paid-in capital 2,575 2,354
Retained earnings 323 126
Accumulated other comprehensive loss (254) (130)
Total stockholders’ equity before noncontrolling interests 2,645 2,351
Noncontrolling interests 33 39
Total equity 2,678 2,390
Total liabilities and equity $ 9,219 $ 7,271