v3.24.2
Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 276 $ 299
Receivables, net of allowance for credit losses 1,360 1,165
Inventories 3,064 3,121
Prepaid expenses and other current assets 385 283
Total current assets 5,085 4,868
Property, plant and equipment, net 1,509 1,516
Operating lease assets, net 1,364 1,336
Goodwill 5,530 5,600
Other intangibles, net 1,233 1,313
Equity method investments 157 159
Other noncurrent assets 333 287
Total assets 15,211 15,079
Current liabilities:    
Accounts payable 1,764 1,648
Accrued expenses:    
Accrued payroll-related liabilities 199 260
Refund liability 134 132
Other accrued expenses 353 309
Current portion of operating lease liabilities 238 224
Current portion of long-term obligations 44 596
Other current liabilities 172 149
Total current liabilities 2,904 3,318
Long-term operating lease liabilities, excluding current portion 1,179 1,163
Long-term obligations, excluding current portion 4,253 3,655
Deferred income taxes 425 448
Other noncurrent liabilities $ 306 $ 314
Common Stock, Par or Stated Value Per Share $ 0.01  
Common Stock, Shares Authorized 1,000.0  
Common Stock, Shares, Issued 323.6 323.1
Common Stock, Shares, Outstanding 264.2 267.2
Stockholders' equity:    
Common stock, $0.01 par value, 1,000.0 shares authorized, 323.6 shares issued and 264.2 shares outstanding at June 30, 2024; 323.1 shares issued and 267.2 shares outstanding at December 31, 2023 $ 3 $ 3
Additional paid-in capital 1,547 1,538
Retained earnings 7,472 7,290
Accumulated other comprehensive loss $ (313) $ (240)
Treasury Stock, Common, Shares 59.4 55.9
Treasury stock, at cost; 59.4 shares at June 30, 2024 and 55.9 shares at December 31, 2023 $ (2,580) $ (2,424)
Total Company stockholders' equity 6,129 6,167
Noncontrolling interest 15 14
Total stockholders' equity 6,144 6,181
Total liabilities and stockholders' equity $ 15,211 $ 15,079