| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||
1,174 | 1,096 | 1,346 | 566 | 585 | 540 | 387 | 75 | 101 | -26 | -62 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
2,038 | 1,671 | 1,383 | 1,245 | 1,244 | 1,194 | 1,098 | 897 | 480 | 449 | 474 |
Amortization of deferred financing costs and original issue discounts | ||||||||||
15 | 12 | 9 | 9 | 10 | 17 | 21 | 23 | 22 | 23 | 17 |
Gain on sales of rental equipment | ||||||||||
313 | 278 | 220 | 204 | 227 | 229 | 176 | 125 | 66 | 41 | 7 |
Gain on sales of non-rental equipment | ||||||||||
6 | 6 | 4 | 4 | 8 | 11 | 6 | 2 | 2 | 0 | -1 |
Gain on insurance proceeds from damaged equipment | ||||||||||
24 | 22 | 21 | 12 | - | - | - | - | - | - | - |
Loss on sale of software subsidiary | ||||||||||
- | - | - | - | - | - | -1 | 8 | 0 | 0 | - |
Stock compensation expense, net | ||||||||||
61 | 102 | 87 | 45 | 49 | 74 | 46 | 32 | 12 | 8 | 8 |
Merger related costs | ||||||||||
1 | 36 | 50 | 0 | -26 | 11 | 9 | 111 | 19 | 0 | 0 |
Restructuring charge | ||||||||||
18 | 31 | 50 | 14 | 6 | -1 | 12 | 99 | 19 | 34 | 31 |
Gain (Loss) on Extinguishment of Debt | ||||||||||
-61 | 0 | -54 | -101 | -123 | -80 | -1 | -72 | -3 | -28 | 7 |
Loss on retirement of subordinated convertible debentures | ||||||||||
- | - | - | - | - | - | -2 | 0 | -2 | 0 | 13 |
Excess tax benefits from share-based payment arrangements | ||||||||||
- | - | - | 58 | 5 | 0 | 0 | - | - | - | - |
Increase in deferred taxes | ||||||||||
204 | 257 | -533 | 123 | 336 | -261 | -167 | 16 | -39 | 58 | -4 |
Changes in operating assets and liabilities, net of amounts acquired: | ||||||||||
Decrease in accounts receivable | ||||||||||
-39 | 115 | 184 | -15 | 11 | 101 | 20 | 86 | 62 | 38 | -128 |
Decrease (increase) in inventory | ||||||||||
8 | 20 | -1 | -1 | -8 | -11 | 2 | 2 | 3 | -5 | -16 |
(Increase) decrease in prepaid expenses and other assets | ||||||||||
59 | -75 | 20 | -77 | 38 | 52 | -60 | 18 | 15 | -61 | 36 |
Increase in accounts payable | ||||||||||
-86 | 49 | 141 | -29 | -8 | -23 | 9 | -223 | 68 | 4 | -32 |
Decrease in accrued expenses and other liabilities | ||||||||||
-91 | -35 | 70 | 52 | -43 | 30 | -58 | -108 | -5 | 3 | -84 |
Net Cash Provided by (Used in) Operating Activities | ||||||||||
3,024 | 2,853 | 2,209 | 1,941 | 1,995 | 1,801 | 1,551 | 721 | 612 | 452 | 438 |
Cash Flows From Investing Activities: | ||||||||||
Purchases of rental equipment | ||||||||||
2,132 | 2,106 | 1,769 | 1,246 | 1,534 | 1,701 | 1,580 | 1,272 | 774 | 346 | 260 |
Purchases of non-rental equipment | ||||||||||
218 | 185 | 120 | 93 | 102 | 120 | 104 | 97 | 36 | 28 | 51 |
Proceeds from sales of rental equipment | ||||||||||
831 | 664 | 550 | 496 | 538 | 544 | 490 | 399 | 208 | 144 | 229 |
Proceeds from sales of non-rental equipment | ||||||||||
37 | 23 | 16 | 14 | 17 | 33 | 26 | 31 | 13 | 7 | 13 |
Insurance proceeds from damaged equipment | ||||||||||
24 | 22 | 21 | 12 | - | - | - | - | - | - | - |
Purchases of other companies, net of cash acquired | ||||||||||
249 | 2,966 | 2,377 | 28 | 86 | 756 | 9 | 1,175 | 276 | 0 | 25 |
Purchases of investments | ||||||||||
3 | 3 | 5 | 2 | 3 | 0 | 0 | - | - | - | - |
Proceeds from sale of software subsidiary | ||||||||||
- | - | - | - | - | - | - | 10 | 0 | 0 | - |
Net Cash Provided by (Used in) Investing Activities | ||||||||||
-1,710 | -4,551 | -3,684 | -847 | -1,170 | -2,000 | -1,177 | -2,104 | -865 | -223 | -94 |
Cash Flows From Financing Activities: | ||||||||||
Proceeds from debt | ||||||||||
9,260 | 12,178 | 11,801 | 8,752 | 8,566 | 7,070 | 3,805 | 6,013 | 1,892 | 3,423 | 3,452 |
Payments of debt | ||||||||||
9,678 | 9,942 | 10,207 | 9,223 | 8,482 | 6,283 | 3,965 | 4,370 | 1,813 | 3,606 | 3,658 |
Proceeds from the exercise of common stock options | ||||||||||
11 | 2 | 3 | 1 | 1 | 2 | 6 | 21 | 35 | 1 | 0 |
Common stock repurchased | ||||||||||
870 | 817 | 56 | 528 | 789 | 613 | 115 | 131 | 7 | 1 | 1 |
Payment of contingent consideration | ||||||||||
- | - | - | - | 52 | 0 | 0 | - | - | - | - |
Payments of financing costs | ||||||||||
28 | 24 | 44 | 24 | 27 | 22 | 2 | 75 | 16 | 18 | 33 |
Cash received in connection with the 4 percent Convertible Senior Notes and related hedge, net | ||||||||||
- | - | - | - | 3 | 42 | -24 | 0 | 11 | 0 | 26 |
Excess tax benefits from share-based payment arrangements | ||||||||||
- | - | - | 58 | 5 | 0 | 0 | -5 | 0 | -2 | -2 |
Net Cash Provided by (Used in) Financing Activities | ||||||||||
-1,305 | 1,397 | 1,497 | -964 | -775 | 196 | -295 | 1,453 | 80 | -203 | -268 |
Effect of foreign exchange rates | ||||||||||
0 | -8 | 18 | 3 | -29 | -14 | -10 | 0 | 6 | 8 | 16 |
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ||||||||||
9 | -309 | 40 | 133 | 21 | -17 | 69 | 70 | -167 | 34 | 92 |
Supplemental disclosure of cash flow information: | ||||||||||
Cash paid for income taxes, net | ||||||||||
238 | 71 | 205 | 99 | 60 | 100 | 48 | 40 | 24 | -49 | 3 |
Cash paid for interest | ||||||||||
581 | 455 | 357 | 415 | 447 | 457 | 461 | 371 | 203 | 229 | 234 |