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Condensed Consolidating Financial Information of Guarantor Subsidiaries - CONDENSED CONSOLIDATING STATEMENT OF INCOME AND COMPREHENSIVE INCOME (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Equipment rentals $ 1,220 $ 1,179 $ 2,345 $ 2,184
Sales of rental equipment 124 138 240 248
Sales of new equipment 39 37 72 63
Contractor supplies sales 21 22 39 41
Service and other revenues 25 23 48 41
Total revenues 1,429 1,399 2,744 2,577
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 445 447 889 856
Depreciation of rental equipment 240 229 475 446
Cost of rental equipment sales 68 80 132 145
Cost of new equipment sales 33 31 60 51
Cost of contractor supplies sales 15 15 27 28
Cost of service and other revenues 10 8 19 14
Total cost of revenues 811 810 1,602 1,540
Gross profit 618 589 1,142 1,037
Selling, general and administrative expenses 175 187 356 355
Merger related costs 1 8 (26) 9
Restructuring charge 0 (1) 1 [1] 0
Non-rental depreciation and amortization 67 70 136 130
Operating (loss) income 375 325 675 543
Interest (income) expense, net 232 187 353 312
Other (income) expense, net (6) (4) (9) (5)
Income (loss) before provision for income taxes 149 142 331 236
Provision for income taxes 63 48 130 82
Income (loss) before equity in net earnings (loss) of subsidiaries 86 94 201 154
Equity in net earnings (loss) of subsidiaries 0 0 0 0
Net income 86 94 201 154
Other comprehensive income (loss) 17 36 (72) (3)
Comprehensive income [2] 103 130 129 151
Parent        
Revenues:        
Equipment rentals 0 0 0 0
Sales of rental equipment 0 0 0 0
Sales of new equipment 0 0 0 0
Contractor supplies sales 0 0 0 0
Service and other revenues 0 0 0 0
Total revenues 0 0 0 0
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 0 0 0 0
Depreciation of rental equipment 0 0 0 0
Cost of rental equipment sales 0 0 0 0
Cost of new equipment sales 0 0 0 0
Cost of contractor supplies sales 0 0 0 0
Cost of service and other revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Gross profit 0 0 0 0
Selling, general and administrative expenses (4) (6) (1) 19
Merger related costs 0 0 0 0
Restructuring charge 0 0 0  
Non-rental depreciation and amortization 4 5 8 9
Operating (loss) income 0 1 (7) (28)
Interest (income) expense, net 0 1 (1) 7
Other (income) expense, net (38) (37) (73) (69)
Income (loss) before provision for income taxes 38 37 67 34
Provision for income taxes 18 1 31 1
Income (loss) before equity in net earnings (loss) of subsidiaries 20 36 36 33
Equity in net earnings (loss) of subsidiaries 66 58 165 121
Net income 86 94 201 154
Other comprehensive income (loss) 17 36 (72) (3)
Comprehensive income 103 130 129 151
URNA        
Revenues:        
Equipment rentals 1,100 1,042 2,098 1,914
Sales of rental equipment 106 122 212 222
Sales of new equipment 34 31 63 52
Contractor supplies sales 18 19 34 34
Service and other revenues 22 17 41 32
Total revenues 1,280 1,231 2,448 2,254
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 389 383 773 737
Depreciation of rental equipment 216 203 427 396
Cost of rental equipment sales 58 70 117 130
Cost of new equipment sales 29 27 53 43
Cost of contractor supplies sales 13 13 24 23
Cost of service and other revenues 9 5 15 10
Total cost of revenues 714 701 1,409 1,339
Gross profit 566 530 1,039 915
Selling, general and administrative expenses 153 171 304 294
Merger related costs 1 8 (26) 9
Restructuring charge 0 (1) 1  
Non-rental depreciation and amortization 57 58 116 109
Operating (loss) income 355 294 644 503
Interest (income) expense, net 232 182 351 300
Other (income) expense, net 55 52 107 98
Income (loss) before provision for income taxes 68 60 186 105
Provision for income taxes 28 32 71 50
Income (loss) before equity in net earnings (loss) of subsidiaries 40 28 115 55
Equity in net earnings (loss) of subsidiaries 26 30 50 66
Net income 66 58 165 121
Other comprehensive income (loss) 17 36 (72) (3)
Comprehensive income 83 94 93 118
Guarantor Subsidiaries        
Revenues:        
Equipment rentals 0 0 0 0
Sales of rental equipment 0 0 0 0
Sales of new equipment 0 0 0 0
Contractor supplies sales 0 0 0 0
Service and other revenues 0 0 0 0
Total revenues 0 0 0 0
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 0 0 0 0
Depreciation of rental equipment 0 0 0 0
Cost of rental equipment sales 0 0 0 0
Cost of new equipment sales 0 0 0 0
Cost of contractor supplies sales 0 0 0 0
Cost of service and other revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Gross profit 0 0 0 0
Selling, general and administrative expenses 0 2 0 2
Merger related costs 0 0 0 0
Restructuring charge 0 0 0  
Non-rental depreciation and amortization 0 0 0 0
Operating (loss) income 0 (2) 0 (2)
Interest (income) expense, net 0 2 2 3
Other (income) expense, net 0 (3) 1 (1)
Income (loss) before provision for income taxes 0 (1) (3) (4)
Provision for income taxes 2 0 0 0
Income (loss) before equity in net earnings (loss) of subsidiaries (2) (1) (3) (4)
Equity in net earnings (loss) of subsidiaries 16 17 32 42
Net income 14 16 29 38
Other comprehensive income (loss) 16 36 (74) (2)
Comprehensive income 30 52 (45) 36
Non Guarantor Subsidiaries - Foreign        
Revenues:        
Equipment rentals 120 137 247 270
Sales of rental equipment 18 16 28 26
Sales of new equipment 5 6 9 11
Contractor supplies sales 3 3 5 7
Service and other revenues 3 6 7 9
Total revenues 149 168 296 323
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 56 64 116 119
Depreciation of rental equipment 24 26 48 50
Cost of rental equipment sales 10 10 15 15
Cost of new equipment sales 4 4 7 8
Cost of contractor supplies sales 2 2 3 5
Cost of service and other revenues 1 3 4 4
Total cost of revenues 97 109 193 201
Gross profit 52 59 103 122
Selling, general and administrative expenses 18 23 38 43
Merger related costs 0 0 0 0
Restructuring charge 0 0 0  
Non-rental depreciation and amortization 6 7 12 12
Operating (loss) income 28 29 53 67
Interest (income) expense, net 1 2 2 3
Other (income) expense, net 2 4 3 7
Income (loss) before provision for income taxes 25 23 48 57
Provision for income taxes 9 6 16 15
Income (loss) before equity in net earnings (loss) of subsidiaries 16 17 32 42
Equity in net earnings (loss) of subsidiaries 0 0 0 0
Net income 16 17 32 42
Other comprehensive income (loss) 13 28 (58) (2)
Comprehensive income 29 45 (26) 40
Non Guarantor Subsidiaries - SPV        
Revenues:        
Equipment rentals 0 0 0 0
Sales of rental equipment 0 0 0 0
Sales of new equipment 0 0 0 0
Contractor supplies sales 0 0 0 0
Service and other revenues 0 0 0 0
Total revenues 0 0 0 0
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 0 0 0 0
Depreciation of rental equipment 0 0 0 0
Cost of rental equipment sales 0 0 0 0
Cost of new equipment sales 0 0 0 0
Cost of contractor supplies sales 0 0 0 0
Cost of service and other revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Gross profit 0 0 0 0
Selling, general and administrative expenses 8 (3) 15 (3)
Merger related costs 0 0 0 0
Restructuring charge 0 0 0  
Non-rental depreciation and amortization 0 0 0 0
Operating (loss) income (8) 3 (15) 3
Interest (income) expense, net 1 1 2 2
Other (income) expense, net (25) (20) (47) (40)
Income (loss) before provision for income taxes 16 22 30 41
Provision for income taxes 6 9 12 16
Income (loss) before equity in net earnings (loss) of subsidiaries 10 13 18 25
Equity in net earnings (loss) of subsidiaries 0 0 0 0
Net income 10 13 18 25
Other comprehensive income (loss) 0 0 0 0
Comprehensive income 10 13 18 25
Eliminations        
Revenues:        
Equipment rentals 0 0 0 0
Sales of rental equipment 0 0 0 0
Sales of new equipment 0 0 0 0
Contractor supplies sales 0 0 0 0
Service and other revenues 0 0 0 0
Total revenues 0 0 0 0
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 0 0 0 0
Depreciation of rental equipment 0 0 0 0
Cost of rental equipment sales 0 0 0 0
Cost of new equipment sales 0 0 0 0
Cost of contractor supplies sales 0 0 0 0
Cost of service and other revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Gross profit 0 0 0 0
Selling, general and administrative expenses 0 0 0 0
Merger related costs 0 0 0 0
Restructuring charge 0 0 0  
Non-rental depreciation and amortization 0 0 0 0
Operating (loss) income 0 0 0 0
Interest (income) expense, net (2) (1) (3) (3)
Other (income) expense, net 0 0 0 0
Income (loss) before provision for income taxes 2 1 3 3
Provision for income taxes 0 0 0 0
Income (loss) before equity in net earnings (loss) of subsidiaries 2 1 3 3
Equity in net earnings (loss) of subsidiaries (108) (105) (247) (229)
Net income (106) (104) (244) (226)
Other comprehensive income (loss) (46) (100) 204 7
Comprehensive income $ (152) $ (204) $ (40) $ (219)
[1] Reflected in our condensed consolidated statements of income as “Restructuring charge.” These charges are not allocated to our reportable segments.
[2] There were no material reclassifications from accumulated other comprehensive loss reflected in other comprehensive income (loss) during 2015 or 2014. There is no tax impact related to the foreign currency translation adjustments, as the earnings are considered permanently reinvested. There were no material taxes associated with other comprehensive income (loss) during 2015 or 2014.