Condensed Consolidating Financial Information of Guarantor Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2018

Condensed Financial Information Disclosure [Abstract]

The condensed consolidating financial information of Parent and its subsidiaries is as follows:

CONDENSED CONSOLIDATING BALANCE SHEETS

December 31, 2018



									Non-Guarantor Subsidiaries
	Parent		URNA			Guarantor Subsidiaries			Foreign			SPV		Eliminations			Total
ASSETS
Cash and cash equivalents	$	—	$	1		$	—		$	42		$	—	$	—		$	43
Accounts receivable, net	—		—			—			159			1,386		—			1,545
Intercompany receivable (payable)	1,534		(1,423		)	(96		)	(15		)	—		—			—
Inventory	—		96			—			13			—		—			109
Prepaid expenses and other assets	—		60			—			4			—		—			64
Total current assets	1,534		(1,266		)	(96		)	203			1,386		—			1,761
Rental equipment, net	—		8,910			—			690			—		—			9,600
Property and equipment, net	57		462			40			55			—		—			614
Investments in subsidiaries	1,826		1,646			980			—			—		(4,452		)	—
Goodwill	—		4,661			—			397			—		—			5,058
Other intangibles, net	—		1,004			—			80			—		—			1,084
Other long-term assets	9		7			—			—			—		—			16
Total assets	$	3,426	$	15,424		$	924		$	1,425		$	1,386	$	(4,452	)	$	18,133
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Short-term debt and current maturities of long-term debt	$	1	$	50		$	—		$	2		$	850	$	—		$	903
Accounts payable	—		481			—			55			—		—			536
Accrued expenses and other liabilities	—		619			14			42			2		—			677
Total current liabilities	1		1,150			14			99			852		—			2,116
Long-term debt	—		10,778			9			57			—		—			10,844
Deferred taxes	22		1,587			—			78			—		—			1,687
Other long-term liabilities	—		83			—			—			—		—			83
Total liabilities	23		13,598			23			234			852		—			14,730
Total stockholders’ equity (deficit)	3,403		1,826			901			1,191			534		(4,452		)	3,403
Total liabilities and stockholders’ equity (deficit)	$	3,426	$	15,424		$	924		$	1,425		$	1,386	$	(4,452	)	$	18,133

CONDENSED CONSOLIDATING BALANCE SHEETS

December 31, 2017



									Non-Guarantor Subsidiaries
	Parent		URNA			Guarantor Subsidiaries			Foreign			SPV		Eliminations			Total
ASSETS
Cash and cash equivalents	$	—	$	23		$	—		$	329		$	—	$	—		$	352
Accounts receivable, net	—		56			—			119			1,058		—			1,233
Intercompany receivable (payable)	887		(677		)	(198		)	(124		)	—		112			—
Inventory	—		68			—			7			—		—			75
Prepaid expenses and other assets	4		219			111			2			—		(224		)	112
Total current assets	891		(311		)	(87		)	333			1,058		(112		)	1,772
Rental equipment, net	—		7,264			—			560			—		—			7,824
Property and equipment, net	41		352			32			42			—		—			467
Investments in subsidiaries	2,194		1,148			1,087			—			—		(4,429		)	—
Goodwill	—		3,815			—			267			—		—			4,082
Other intangibles, net	—		827			—			48			—		—			875
Other long-term assets	3		7			—			—			—		—			10
Total assets	$	3,129	$	13,102		$	1,032		$	1,250		$	1,058	$	(4,541	)	$	15,030
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Short-term debt and current maturities of long-term debt	$	1	$	25		$	—		$	2		$	695	$	—		$	723
Accounts payable	—		366			—			43			—		—			409
Accrued expenses and other liabilities	—		477			17			41			1		—			536
Total current liabilities	1		868			17			86			696		—			1,668
Long-term debt	1		8,596			117			3			—		—			8,717
Deferred taxes	21		1,324			—			74			—		—			1,419
Other long-term liabilities	—		120			—			—			—		—			120
Total liabilities	23		10,908			134			163			696		—			11,924
Total stockholders’ equity (deficit)	3,106		2,194			898			1,087			362		(4,541		)	3,106
Total liabilities and stockholders’ equity (deficit)	$	3,129	$	13,102		$	1,032		$	1,250		$	1,058	$	(4,541	)	$	15,030

Condensed Consolidating Statements of Income

CONDENSED CONSOLIDATING STATEMENTS OF INCOME

For the Year Ended December 31, 2018



										Non-Guarantor Subsidiaries
	Parent			URNA			Guarantor Subsidiaries			Foreign			SPV			Eliminations			Total
Revenues:
Equipment rentals	$	—		$	6,388		$	—		$	552		$	—		$	—		$	6,940
Sales of rental equipment	—			609			—			55			—			—			664
Sales of new equipment	—			184			—			24			—			—			208
Contractor supplies sales	—			80			—			11			—			—			91
Service and other revenues	—			126			—			18			—			—			144
Total revenues	—			7,387			—			660			—			—			8,047
Cost of revenues:
Cost of equipment rentals, excluding depreciation	—			2,370			—			244			—			—			2,614
Depreciation of rental equipment	—			1,258			—			105			—			—			1,363
Cost of rental equipment sales	—			358			—			28			—			—			386
Cost of new equipment sales	—			159			—			20			—			—			179
Cost of contractor supplies sales	—			52			—			8			—			—			60
Cost of service and other revenues	—			71			—			10			—			—			81
Total cost of revenues	—			4,268			—			415			—			—			4,683
Gross profit	—			3,119			—			245			—			—			3,364
Selling, general and administrative expenses	25			860			—			96			57			—			1,038
Merger related costs	—			36			—			—			—			—			36
Restructuring charge	—			29			—			2			—			—			31
Non-rental depreciation and amortization	17			266			—			25			—			—			308
Operating (loss) income	(42		)	1,928			—			122			(57		)	—			1,951
Interest (income) expense, net	(39		)	497			—			—			24			(1		)	481
Other (income) expense, net	(657		)	742			—			51			(142		)	—			(6		)
Income before provision for income taxes	654			689			—			71			61			1			1,476
Provision for income taxes	164			181			—			20			15			—			380
Income before equity in net earnings (loss) of subsidiaries	490			508			—			51			46			1			1,096
Equity in net earnings (loss) of subsidiaries	606			98			47			—			—			(751		)	—
Net income (loss)	1,096			606			47			51			46			(750		)	1,096
Other comprehensive (loss) income	(86		)	(86		)	(82		)	(105		)	—			273			(86		)
Comprehensive income (loss)	$	1,010		$	520		$	(35	)	$	(54	)	$	46		$	(477	)	$	1,010

CONDENSED CONSOLIDATING STATEMENTS OF INCOME

For the Year Ended December 31, 2017



										Non-Guarantor Subsidiaries
	Parent			URNA			Guarantor Subsidiaries			Foreign		SPV			Eliminations			Total
Revenues:
Equipment rentals	$	—		$	5,253		$	—		$	462	$	—		$	—		$	5,715
Sales of rental equipment	—			494			—			56		—			—			550
Sales of new equipment	—			157			—			21		—			—			178
Contractor supplies sales	—			70			—			10		—			—			80
Service and other revenues	—			102			—			16		—			—			118
Total revenues	—			6,076			—			565		—			—			6,641
Cost of revenues:
Cost of equipment rentals, excluding depreciation	—			1,933			—			218		—			—			2,151
Depreciation of rental equipment	—			1,033			—			91		—			—			1,124
Cost of rental equipment sales	—			302			—			28		—			—			330
Cost of new equipment sales	—			134			—			18		—			—			152
Cost of contractor supplies sales	—			49			—			7		—			—			56
Cost of service and other revenues	—			51			—			8		—			—			59
Total cost of revenues	—			3,502			—			370		—			—			3,872
Gross profit	—			2,574			—			195		—			—			2,769
Selling, general and administrative expenses	103			682			—			80		38			—			903
Merger related costs	—			50			—			—		—			—			50
Restructuring charge	—			49			—			1		—			—			50
Non-rental depreciation and amortization	15			223			—			21		—			—			259
Operating (loss) income	(118		)	1,570			—			93		(38		)	—			1,507
Interest (income) expense, net	(15		)	469			3			—		12			(5		)	464
Other (income) expense, net	(543		)	596			—			45		(103		)	—			(5		)
Income (loss) before provision (benefit) for income taxes	440			505			(3		)	48		53			5			1,048
Provision (benefit) for income taxes	144			(469		)	—			12		15			—			(298		)
Income (loss) before equity in net earnings (loss) of subsidiaries	296			974			(3		)	36		38			5			1,346
Equity in net earnings (loss) of subsidiaries	1,050			76			36			—		—			(1,162		)	—
Net income (loss)	1,346			1,050			33			36		38			(1,157		)	1,346
Other comprehensive income (loss)	67			67			67			55		—			(189		)	67
Comprehensive income (loss)	$	1,413		$	1,117		$	100		$	91	$	38		$	(1,346	)	$	1,413

CONDENSED CONSOLIDATING STATEMENTS OF INCOME

For the Year Ended December 31, 2016



									Non-Guarantor Subsidiaries
	Parent			URNA		Guarantor Subsidiaries			Foreign		SPV			Eliminations			Total
Revenues:
Equipment rentals	$	—		$	4,524	$	—		$	417	$	—		$	—		$	4,941
Sales of rental equipment	—			444		—			52		—			—			496
Sales of new equipment	—			129		—			15		—			—			144
Contractor supplies sales	—			68		—			11		—			—			79
Service and other revenues	—			87		—			15		—			—			102
Total revenues	—			5,252		—			510		—			—			5,762
Cost of revenues:
Cost of equipment rentals, excluding depreciation	—			1,669		—			193		—			—			1,862
Depreciation of rental equipment	—			900		—			90		—			—			990
Cost of rental equipment sales	—			265		—			27		—			—			292
Cost of new equipment sales	—			107		—			12		—			—			119
Cost of contractor supplies sales	—			47		—			8		—			—			55
Cost of service and other revenues	—			35		—			6		—			—			41
Total cost of revenues	—			3,023		—			336		—			—			3,359
Gross profit	—			2,229		—			174		—			—			2,403
Selling, general and administrative expenses	43			579		—			72		25			—			719
Restructuring charge	—			7		—			7		—			—			14
Non-rental depreciation and amortization	15			216		—			24		—			—			255
Operating (loss) income	(58		)	1,427		—			71		(25		)	—			1,415
Interest (income) expense, net	(6		)	509		3			2		8			(5		)	511
Other (income) expense, net	(471		)	521		—			40		(95		)	—			(5		)
Income (loss) before provision for income taxes	419			397		(3		)	29		62			5			909
Provision for income taxes	154			157		—			8		24			—			343
Income (loss) before equity in net earnings (loss) of subsidiaries	265			240		(3		)	21		38			5			566
Equity in net earnings (loss) of subsidiaries	301			61		21			—		—			(383		)	—
Net income (loss)	566			301		18			21		38			(378		)	566
Other comprehensive income (loss)	32			32		28			22		—			(82		)	32
Comprehensive income (loss)	$	598		$	333	$	46		$	43	$	38		$	(460	)	$	598

Condensed Consolidating Cash Flow Information

CONDENSED CONSOLIDATING CASH FLOW INFORMATION

For the Year Ended December 31, 2018



										Non-Guarantor Subsidiaries
	Parent			URNA			Guarantor Subsidiaries			Foreign			SPV			Eliminations		Total
Net cash provided by (used in) operating activities	$	36		$	3,116		$	(1	)	$	(16	)	$	(282	)	$	—	$	2,853
Net cash used in investing activities	(36		)	(4,308		)	—			(207		)	—			—		(4,551		)
Net cash provided by (used in) financing activities	—			1,170			1			(56		)	282			—		1,397
Effect of foreign exchange rates	—			—			—			(8		)	—			—		(8		)
Net decrease in cash and cash equivalents	—			(22		)	—			(287		)	—			—		(309		)
Cash and cash equivalents at beginning of period	—			23			—			329			—			—		352
Cash and cash equivalents at end of period	$	—		$	1		$	—		$	42		$	—		$	—	$	43

CONDENSED CONSOLIDATING CASH FLOW INFORMATION

For the Year Ended December 31, 2017



										Non-Guarantor Subsidiaries
	Parent			URNA			Guarantor Subsidiaries			Foreign			SPV			Eliminations		Total
Net cash provided by (used in) operating activities	$	21		$	2,291		$	(3	)	$	132		$	(232	)	$	—	$	2,209
Net cash used in investing activities	(21		)	(3,554		)	—			(109		)	—			—		(3,684		)
Net cash provided by (used in) financing activities	—			1,265			3			(3		)	232			—		1,497
Effect of foreign exchange rates	—			—			—			18			—			—		18
Net increase in cash and cash equivalents	—			2			—			38			—			—		40
Cash and cash equivalents at beginning of period	—			21			—			291			—			—		312
Cash and cash equivalents at end of period	$	—		$	23		$	—		$	329		$	—		$	—	$	352

CONDENSED CONSOLIDATING CASH FLOW INFORMATION

For the Year Ended December 31, 2016



										Non-Guarantor Subsidiaries
	Parent			URNA			Guarantor Subsidiaries			Foreign			SPV			Eliminations		Total
Net cash provided by (used in) operating activities	$	9		$	1,762		$	(3	)	$	136		$	37		$	—	$	1,941
Net cash used in investing activities	(9		)	(832		)	—			(6		)	—			—		(847		)
Net cash (used in) provided by financing activities	—			(927		)	3			(3		)	(37		)	—		(964		)
Effect of foreign exchange rate	—			—			—			3			—			—		3
Net increase in cash and cash equivalents	—			3			—			130			—			—		133
Cash and cash equivalents at beginning of period	—			18			—			161			—			—		179
Cash and cash equivalents at end of period	$	—		$	21		$	—		$	291		$	—		$	—	$	312