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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 221,886 $ 233,961
Receivables, net 1,602,663 1,464,737
Inventories 74,827 68,677
Prepaid expenses and other current assets 212,792 693,239
Total current assets 2,112,168 2,460,614
Revenue earning equipment, net 8,390,706 8,323,039
Operating property and equipment, net of accumulated depreciation of $1,293,186 and $1,273,637 1,045,952 984,978
Goodwill 844,793 570,905
Intangible assets, net 322,120 170,205
Sales-type leases and other assets 1,520,512 1,324,582
Total assets 14,236,251 13,834,323
Current liabilities:    
Short-term debt and current portion of long-term debt 1,559,928 1,333,363
Accounts payable 867,322 747,898
Accrued expenses and other current liabilities 1,127,833 1,119,602
Total current liabilities 3,555,083 3,200,863
Long-term debt 5,220,848 5,246,306
Other non-current liabilities 1,436,724 1,314,404
Deferred income taxes 1,375,255 1,274,804
Total liabilities 11,587,910 11,036,377
Commitments and Contingencies
Shareholders’ equity:    
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, March 31, 2022 and December 31, 2021 0 0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, March 31, 2022 — 51,136,680 and December 31, 2021 — 53,789,036 25,568 26,896
Additional paid-in capital 1,134,143 1,194,334
Retained earnings 2,170,625 2,265,957
Accumulated other comprehensive loss (681,995) (689,241)
Total shareholders’ equity 2,648,341 2,797,946
Total liabilities and shareholders’ equity $ 14,236,251 $ 13,834,323