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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 73,584 $ 68,111
Receivables, net 1,228,490 1,242,058
Inventories 80,822 79,228
Prepaid expenses and other current assets 179,155 178,313
Total current assets 1,562,051 1,567,710
Revenue earning equipment, net 10,427,664 9,415,961
Operating property and equipment, net 917,799 862,054
Goodwill 475,025 475,206
Intangible assets, net 50,905 59,075
Sales-type leases and other assets 1,041,890 967,802
Total assets 14,475,334 13,347,808
Current liabilities:    
Short-term debt and current portion of long-term debt 1,154,564 937,131
Accounts payable 594,712 731,876
Accrued expenses and other current liabilities 876,077 847,739
Total current liabilities 2,625,353 2,516,746
Long-term debt 6,770,224 5,712,146
Other non-current liabilities 1,442,003 1,402,625
Deferred income taxes 1,161,444 1,179,723
Total liabilities 11,999,024 10,811,240
Commitments and contingencies (Note 23)
Shareholders’ equity:    
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, December 31, 2019 and 2018 0 0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, December 31, 2019 — 53,278,316 and December 31, 2018 — 53,116,485 26,639 26,559
Additional paid-in capital 1,108,649 1,084,391
Retained earnings 2,177,513 2,337,252
Accumulated other comprehensive loss (836,491) (911,634)
Total shareholders’ equity 2,476,310 2,536,568
Total liabilities and shareholders’ equity $ 14,475,334 $ 13,347,808