v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 340 $ 854
Accounts receivable, net of allowance of $14 and $15 2,188 2,028
Other current assets 416 406
Total current assets 2,944 3,288
Long-term assets    
Property and equipment, net of accumulated depreciation of $2,270 and $2,126 1,268 1,151
Operating lease right-of-use assets 2,786 2,563
Goodwill 3,722 3,781
Intangible assets, net of accumulated amortization of $851 and $781 812 909
Other long-term assets 613 570
Total long-term assets 9,201 8,974
Total assets 12,145 12,262
Current liabilities    
Accounts payable 740 758
Accrued expenses 1,555 1,492
Current debt 366 446
Current operating lease liabilities 777 745
Other current liabilities 415 434
Total current liabilities 3,853 3,875
Long-term liabilities    
Long-term debt 2,452 2,619
Long-term operating lease liabilities 2,225 2,044
Other long-term liabilities 591 709
Total long-term liabilities 5,268 5,372
Commitments and Contingencies (Note 13)
Stockholders’ Equity    
Common stock, $0.01 par value per share; 300,000 shares authorized, 120,490 and 119,868 shares issued and 113,026 and 114,512 shares outstanding, respectively 1 1
Treasury stock, at cost; 7,464 and 5,356 shares, respectively (303) (202)
Preferred stock, $0.01 par value per share; 10,000 shares authorized, none issued and outstanding 0 0
Additional Paid-In Capital (“APIC”) 2,691 2,667
Retained earnings 811 718
Accumulated Other Comprehensive Income (Loss) (“AOCIL”) (207) (201)
Total stockholders’ equity before NCI 2,993 2,983
NCI 31 32
Total equity 3,024 3,015
Total liabilities and equity $ 12,145 $ 12,262