Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Changes in Accounting Principles

In the following table, revenue is summarized by type and by the applicable accounting standard.

	Three Months Ended June 30,
			2024						2023
	Topic 842		Topic 606		Total		Topic 842		Topic 606		Total
Revenues:
Owned equipment rentals	$	2,604	$	—	$	2,604	$	2,461	$	—	$	2,461
Re-rent revenue	58		—		58		56		—		56
Ancillary and other rental revenues:
Delivery and pick-up	—		267		267		—		238		238
Other	241		45		286		185		41		226
Total ancillary and other rental revenues	241		312		553		185		279		464
Total equipment rentals	2,903		312		3,215		2,702		279		2,981
Sales of rental equipment	—		365		365		—		382		382
Sales of new equipment	—		61		61		—		70		70
Contractor supplies sales	—		42		42		—		37		37
Service and other revenues	—		90		90		—		84		84
Total revenues	$	2,903	$	870	$	3,773	$	2,702	$	852	$	3,554

	Six Months Ended June 30,
			2024						2023
	Topic 842		Topic 606		Total		Topic 842		Topic 606		Total
Revenues:
Owned equipment rentals	$	5,008	$	—	$	5,008	$	4,727	$	—	$	4,727
Re-rent revenue	113		—		113		108		—		108
Ancillary and other rental revenues:
Delivery and pick-up	—		481		481		—		441		441
Other	442		100		542		350		95		445
Total ancillary and other rental revenues	442		581		1,023		350		536		886
Total equipment rentals	5,563		581		6,144		5,185		536		5,721
Sales of rental equipment	—		748		748		—		770		770
Sales of new equipment	—		109		109		—		114		114
Contractor supplies sales	—		78		78		—		71		71
Service and other revenues	—		179		179		—		163		163
Total revenues	$	5,563	$	1,695	$	7,258	$	5,185	$	1,654	$	6,839

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure

The rollforward of our allowance for credit losses (in total, and associated with revenues arising from both Topic 606 and Topic 842) is shown below.

	Three Months Ended June 30, 2024		Three Months Ended June 30, 2023		Six Months Ended June 30, 2024		Six Months Ended June 30, 2023
Beginning balance	$	174	$	146	$	169	$	134
Charged to costs and expenses (1)	3		2		7		5
Charged to revenue (2)	14		8		23		21
Deductions and other (3)	(15)		(9)		(23)		(13)
Ending balance	$	176	$	147	$	176	$	147

_________________

(1)    Reflects bad debt expenses recognized within selling, general and administrative expenses (associated with Topic 606 revenues).

(2)    Primarily reflects credit losses associated with lease revenues that were recognized as a reduction to equipment rentals revenue (primarily associated with Topic 842 revenues).

(3)    Primarily represents write-offs of accounts, net of immaterial recoveries and other activity.