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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and equivalents $ 3,255.7 $ 898.5
Accounts and notes receivable 2,852.6 2,224.2
Inventories, at cost, not in excess of market 42.6 50.2
Prepaid expenses and other current assets 458.5 385.0
Total current assets 6,609.4 3,557.9
Other assets    
Investments in and advances to affiliates 1,278.1 1,270.3
Goodwill 2,671.9 2,677.4
Miscellaneous 2,547.2 2,584.0
Total other assets 6,497.2 6,531.7
Lease right-of-use asset, net 13,002.3 13,261.2
Property and equipment    
Property and equipment, at cost 39,137.4 39,050.9
Accumulated depreciation and amortization (15,307.4) (14,890.9)
Net property and equipment 23,830.0 24,160.0
Total assets 49,938.9 47,510.8
Current liabilities    
Short-term borrowings 1,000.0 0.0
Accounts payable 538.4 988.2
Lease liability 681.2 621.0
Income taxes 302.8 331.7
Other taxes 247.4 247.5
Accrued interest 316.1 337.8
Accrued payroll and other liabilities 1,073.6 1,035.7
Current maturities of long-term debt 3,086.6 59.1
Total current liabilities 7,246.1 3,621.0
Long-term debt 34,675.6 34,118.1
Long-term lease liability 12,478.9 12,757.8
Long-term income taxes 1,871.3 2,265.9
Deferred revenues - initial franchise fees 664.2 660.6
Other long-term liabilities 916.7 979.6
Deferred income taxes 1,549.2 1,318.1
Shareholders' equity (deficit)    
Preferred stock, no par value; authorized—165.0 million shares; issued—none 0.0 0.0
Common stock, $.01 par value; authorized—3.5 billion shares; issued—1,660.6 million shares 16.6 16.6
Additional paid-in capital 7,780.0 7,653.9
Retained earnings 52,660.8 52,930.5
Accumulated other comprehensive income (loss) (2,806.3) (2,482.7)
Common stock in treasury, at cost; 916.5 and 914.3 million shares (67,114.2) (66,328.6)
Total shareholders' equity (deficit) (9,463.1) (8,210.3)
Total liabilities and shareholders' equity (deficit) $ 49,938.9 $ 47,510.8