XML 46 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 257us-gaap_CashAndCashEquivalentsAtCarryingValue $ 158us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net of allowance for doubtful accounts of $45 at March 31, 2015 and $43 at December 31, 2014 848us-gaap_AccountsReceivableNetCurrent 940us-gaap_AccountsReceivableNetCurrent
Inventory 81us-gaap_InventoryNet 78us-gaap_InventoryNet
Prepaid expenses and other assets 51us-gaap_PrepaidExpenseAndOtherAssetsCurrent 122us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred taxes 215us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 248us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Total current assets 1,452us-gaap_AssetsCurrent 1,546us-gaap_AssetsCurrent
Goodwill 3,249us-gaap_Goodwill 3,272us-gaap_Goodwill
Other intangible assets, net 1,047us-gaap_FiniteLivedIntangibleAssetsNet 1,106us-gaap_FiniteLivedIntangibleAssetsNet
Other long-term assets 118us-gaap_OtherAssetsNoncurrent 97us-gaap_OtherAssetsNoncurrent
Total assets 12,282us-gaap_Assets 12,467us-gaap_Assets
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Short-term debt and current maturities of long-term debt 593us-gaap_DebtCurrent [1] 618us-gaap_DebtCurrent [1]
Accounts payable 465us-gaap_AccountsPayableCurrent 285us-gaap_AccountsPayableCurrent
Accrued expenses and other liabilities 497us-gaap_AccruedLiabilitiesCurrent 575us-gaap_AccruedLiabilitiesCurrent
Total current liabilities 1,555us-gaap_LiabilitiesCurrent 1,478us-gaap_LiabilitiesCurrent
Long-term debt 7,482us-gaap_LongTermDebtAndCapitalLeaseObligations 7,434us-gaap_LongTermDebtAndCapitalLeaseObligations
Deferred taxes 1,690us-gaap_DeferredTaxLiabilitiesNoncurrent 1,692us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 60us-gaap_OtherLiabilitiesNoncurrent 65us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 10,787us-gaap_Liabilities 10,669us-gaap_Liabilities
Temporary equity (note 7) 1us-gaap_TemporaryEquityCarryingAmountAttributableToParent 2us-gaap_TemporaryEquityCarryingAmountAttributableToParent
Common stock—$0.01 par value, 500,000,000 shares authorized, 110,822,519 and 96,928,055 shares issued and outstanding, respectively, at March 31, 2015 and 108,233,686 and 97,877,580 shares issued and outstanding, respectively, at December 31, 2014 1us-gaap_CommonStockValue 1us-gaap_CommonStockValue
Additional paid-in capital 2,156us-gaap_AdditionalPaidInCapital 2,168us-gaap_AdditionalPaidInCapital
Retained earnings 618us-gaap_RetainedEarningsAccumulatedDeficit 503us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock at cost—13,894,464 and 10,356,106 shares at March 31, 2015 and December 31, 2014, respectively (1,118)us-gaap_TreasuryStockValue (802)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss (163)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (74)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 1,494us-gaap_StockholdersEquity 1,796us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity 12,282us-gaap_LiabilitiesAndStockholdersEquity 12,467us-gaap_LiabilitiesAndStockholdersEquity
Rental equipment, net    
ASSETS    
Property, plant and equipment, net 5,988us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= us-gaap_EquipmentLeasedToOtherPartyMember
6,008us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= us-gaap_EquipmentLeasedToOtherPartyMember
Property and equipment, net    
ASSETS    
Property, plant and equipment, net $ 428us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= uri_PropertyPlantandEquipmentExcludingEquipmentLeasedtoOtherPartiesMember
$ 438us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= uri_PropertyPlantandEquipmentExcludingEquipmentLeasedtoOtherPartiesMember
[1] As of March 31, 2015, our short-term debt primarily reflects the current portion of the debt discussed above that was redeemed in April 2015 using availability under our accounts receivable securitization facility.