XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 447,737 $ 233,961
Receivables, net 1,692,911 1,464,737
Inventories 82,097 68,677
Prepaid expenses and other current assets 194,570 693,239
Total current assets 2,417,315 2,460,614
Revenue earning equipment, net 8,319,137 8,323,039
Operating property and equipment, net of accumulated depreciation of $1,310,627 and $1,273,637 1,070,030 984,978
Goodwill 854,202 570,905
Intangible assets, net 310,745 170,205
Sales-type leases and other assets 1,504,453 1,324,582
Total assets 14,475,882 13,834,323
Current liabilities:    
Short-term debt and current portion of long-term debt 1,414,684 1,333,363
Accounts payable 966,555 747,898
Accrued expenses and other current liabilities 1,206,580 1,119,602
Total current liabilities 3,587,819 3,200,863
Long-term debt 5,178,550 5,246,306
Other non-current liabilities 1,437,446 1,314,404
Deferred income taxes 1,439,507 1,274,804
Total liabilities 11,643,322 11,036,377
Commitments and contingencies (Note 15)
Shareholders’ equity:    
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, June 30, 2022 and December 31, 2021 0 0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, June 30, 2022 — 51,194,660 and December 31, 2021 — 53,789,036 25,597 26,896
Additional paid-in capital 1,148,835 1,194,334
Retained earnings 2,379,800 2,265,957
Accumulated other comprehensive loss (721,672) (689,241)
Total shareholders’ equity 2,832,560 2,797,946
Total liabilities and shareholders’ equity $ 14,475,882 $ 13,834,323