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Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 344 $ 299
Receivables, net of allowance for credit losses 1,392 1,165
Inventories 3,123 3,121
Prepaid expenses and other current assets 343 283
Total current assets 5,202 4,868
Property, plant and equipment, net 1,493 1,516
Operating lease assets, net 1,314 1,336
Goodwill 5,526 5,600
Other intangibles, net 1,271 1,313
Equity method investments 163 159
Other noncurrent assets 301 287
Total assets 15,270 15,079
Current liabilities:    
Accounts payable 1,840 1,648
Accrued expenses:    
Accrued payroll-related liabilities 242 260
Refund liability 137 132
Other accrued expenses 354 309
Current portion of operating lease liabilities 226 224
Current portion of long-term obligations 88 596
Other current liabilities 172 149
Total current liabilities 3,059 3,318
Long-term operating lease liabilities, excluding current portion 1,138 1,163
Long-term obligations, excluding current portion 4,161 3,655
Deferred income taxes 426 448
Other noncurrent liabilities $ 313 $ 314
Common Stock, Par or Stated Value Per Share $ 0.01  
Common Stock, Shares Authorized 1,000.0  
Common Stock, Shares, Issued 323.5 323.1
Common Stock, Shares, Outstanding 267.0 267.2
Stockholders' equity:    
Common stock, $0.01 par value, 1,000.0 shares authorized, 323.5 shares issued and 267.0 shares outstanding at March 31, 2024; 323.1 shares issued and 267.2 shares outstanding at December 31, 2023 $ 3 $ 3
Additional paid-in capital 1,541 1,538
Retained earnings 7,367 7,290
Accumulated other comprehensive loss $ (298) $ (240)
Treasury Stock, Common, Shares 56.5 55.9
Treasury stock, at cost; 56.5 shares at March 31, 2024 and 55.9 shares at December 31, 2023 $ (2,454) $ (2,424)
Total Company stockholders' equity 6,159 6,167
Noncontrolling interest 14 14
Total stockholders' equity 6,173 6,181
Total liabilities and stockholders' equity $ 15,270 $ 15,079