v3.26.1
Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 301 $ 319
Receivables, net of allowance for credit losses 1,399 1,204
Inventories 3,284 3,426
Prepaid expenses and other current assets 367 299
Total current assets 5,351 5,248
Property, plant and equipment, net 1,417 1,452
Operating lease assets, net 1,310 1,332
Goodwill 5,369 5,414
Other intangibles, net 1,040 1,072
Equity method investments 124 170
Other noncurrent assets 418 449
Total assets 15,029 15,137
Current liabilities:    
Accounts payable 1,791 2,108
Accrued expenses:    
Accrued payroll-related liabilities 192 190
Refund liability 127 122
Other accrued expenses 407 344
Current portion of operating lease liabilities 255 253
Current portion of long-term obligations 545 32
Other current liabilities 73 88
Total current liabilities 3,390 3,137
Long-term operating lease liabilities, excluding current portion 1,125 1,145
Long-term obligations, excluding current portion 3,388 3,631
Deferred income taxes 315 331
Other noncurrent liabilities $ 340 $ 332
Common Stock, Par or Stated Value Per Share $ 0.01  
Common Stock, Shares Authorized 1,000.0  
Common Stock, Shares, Issued 324.3 324.0
Common Stock, Shares, Outstanding 253.4 255.0
Stockholders' equity:    
Common stock, $0.01 par value, 1,000.0 shares authorized, 324.3 shares issued and 253.4 shares outstanding at June 30, 2026; 324.0 shares issued and 255.0 shares outstanding at December 31, 2025 $ 3 $ 3
Additional paid-in capital 1,593 1,581
Retained earnings 8,019 7,958
Accumulated other comprehensive loss $ (166) $ (57)
Treasury Stock, Common, Shares 70.9 69.0
Treasury stock, at cost; 70.9 shares at June 30, 2026 and 69.0 shares at December 31, 2025 $ (3,002) $ (2,948)
Total Company stockholders' equity 6,447 6,537
Noncontrolling interest 24 24
Total stockholders' equity 6,471 6,561
Total liabilities and stockholders' equity $ 15,029 $ 15,137