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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 284 $ 106
Accounts receivable, net 2,277 2,004
Inventory 201 232
Prepaid expenses and other assets 216 381
Total current assets 2,978 2,723
Goodwill 5,792 6,026
Other intangible assets, net 728 452
Operating lease right-of-use assets 1,091 819
Other long-term assets 48 47
Total assets 25,832 24,183 Close
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 1,448 161
Accounts payable 1,121 1,139
Accrued expenses and other liabilities 1,104 1,145
Total current liabilities 3,673 2,445
Long-term debt 10,580 11,209
Deferred taxes 2,757 2,671
Operating lease liabilities 890 642
Other long-term liabilities 176 154
Total liabilities 18,076 17,121 Close
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,957,299 and 67,733,679 shares issued and outstanding, respectively, at September 30, 2023 and 114,758,508 and 69,356,981 shares issued and outstanding, respectively, at December 31, 2022 1 1 Close
Additional paid-in capital 2,642 2,626
Retained earnings 11,094 9,656
Treasury stock at cost—47,223,620 and 45,401,527 shares at September 30, 2023 and December 31, 2022, respectively (5,713) (4,957)
Accumulated other comprehensive loss (268) (264)
Total stockholders’ equity 7,756 7,062 Close
Total liabilities and stockholders’ equity (deficit) 25,832 24,183
Rental equipment, net    
ASSETS    
Equipment 14,314 13,277
Property and equipment, net    
ASSETS    
Equipment $ 881 $ 839