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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 479 $ 363
Accounts receivable, net 2,396 2,230
Inventory 211 205
Prepaid expenses and other assets 235 135
Total current assets 3,321 2,933
Goodwill 6,853 5,940
Other intangible assets, net 694 670
Operating lease right-of-use assets 1,255 1,099
Other long-term assets 48 43
Total assets 28,412 25,589 Close
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 1,510 1,465
Accounts payable 1,216 905
Accrued expenses and other liabilities 1,300 1,267
Total current liabilities 4,026 3,637
Long-term debt 11,884 10,053
Deferred taxes 2,675 2,701
Operating lease liabilities 1,021 895
Other long-term liabilities 225 173
Total liabilities 19,831 17,459 Close
Common stock—$0.01 par value, 500,000,000 shares authorized, 115,114,012 and 65,702,533 shares issued and outstanding, respectively, at September 30, 2024 and 115,010,396 and 67,269,577 shares issued and outstanding, respectively, at December 31, 2023 1 1
Additional paid-in capital 2,686 2,650
Retained earnings 13,231 11,672
Treasury stock at cost—49,411,479 and 47,740,819 shares at September 30, 2024 and December 31, 2023, respectively (7,100) (5,965)
Accumulated other comprehensive loss (237) (228)
Total stockholders’ equity 8,581 8,130 Close
Total liabilities and stockholders’ equity 28,412 25,589
Rental equipment, net    
ASSETS    
Equipment 15,241 14,001
Property and equipment, net    
ASSETS    
Equipment $ 1,000 $ 903