CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 257 $ 158
Accounts receivable, net of allowance for doubtful accounts of $45 at March 31, 2015 and $43 at December 31, 2014 848 940
Inventory 81 78
Prepaid expenses and other assets 51 122
Deferred taxes 215 248
Total current assets 1,452 1,546
Goodwill 3,249 3,272
Other intangible assets, net 1,047 1,106
Other long-term assets 118 97
Total assets 12,282 12,467
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 593 [1] 618 [1]
Accounts payable 465 285
Accrued expenses and other liabilities 497 575
Total current liabilities 1,555 1,478
Long-term debt 7,482 7,434
Deferred taxes 1,690 1,692
Other long-term liabilities 60 65
Total liabilities 10,787 10,669
Temporary equity (note 7) 1 2
Common stock—$0.01 par value, 500,000,000 shares authorized, 110,822,519 and 96,928,055 shares issued and outstanding, respectively, at March 31, 2015 and 108,233,686 and 97,877,580 shares issued and outstanding, respectively, at December 31, 2014 1 1
Additional paid-in capital 2,156 2,168
Retained earnings 618 503
Treasury stock at cost—13,894,464 and 10,356,106 shares at March 31, 2015 and December 31, 2014, respectively (1,118) (802)
Accumulated other comprehensive loss (163) (74)
Total stockholders’ equity 1,494 1,796
Total liabilities and stockholders’ equity 12,282 12,467
Rental equipment, net    
ASSETS    
Property, plant and equipment, net 5,988 6,008
Property and equipment, net    
ASSETS    
Property, plant and equipment, net $ 428 $ 438
[1] As of March 31, 2015, our short-term debt primarily reflects the current portion of the debt discussed above that was redeemed in April 2015 using availability under our accounts receivable securitization facility.