XML 106 R90.htm IDEA: XBRL DOCUMENT v3.10.0.1
Quarterly Financial Information (Unaudited) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Selected Quarterly Financial Information [Abstract]                      
Revenues $ 2,306,000,000 $ 2,116,000,000 $ 1,891,000,000 $ 1,734,000,000 $ 1,922,000,000 $ 1,766,000,000 $ 1,597,000,000 $ 1,356,000,000 $ 8,047,000,000 $ 6,641,000,000 $ 5,762,000,000
Gross profit 998,000,000 938,000,000 782,000,000 646,000,000 827,000,000 773,000,000 655,000,000 514,000,000 3,364,000,000 2,769,000,000 2,403,000,000
Operating income 563,000,000 578,000,000 470,000,000 340,000,000 462,000,000 448,000,000 340,000,000 257,000,000 1,951,000,000 1,507,000,000 1,415,000,000
Net income $ 310,000,000 $ 333,000,000 $ 270,000,000 $ 183,000,000 $ 897,000,000 $ 199,000,000 $ 141,000,000 $ 109,000,000 $ 1,096,000,000 $ 1,346,000,000 $ 566,000,000
Earnings per share - basic (in dollars per share) $ 3.84 $ 4.05 $ 3.22 $ 2.18 $ 10.60 $ 2.36 $ 1.67 $ 1.29 $ 13.26 $ 15.91 $ 6.49
Earnings per share - diluted (in dollars per share) $ 3.80 4.01 3.20 2.15 $ 10.45 2.33 1.65 1.27 $ 13.12 $ 15.73 $ 6.45
Effect of Fourth Quarter Events [Line Items]                      
Benefit of Tax Cuts and Jobs Act of 2017         $ 689,000,000       $ (6,000,000) $ 689,000,000  
Effect on Tax Cuts and Jobs Act of 2017 on diluted earnings per share (in dollars per share)         $ 8.03         $ 8.05  
Merger related costs $ 22,000,000       $ 18,000,000       36,000,000 $ 50,000,000 $ 0
Restructuring charge $ 16,000,000       22,000,000       31,000,000 50,000,000 14,000,000
Loss on extinguishment of debt                 $ 0 $ 54,000,000 $ 101,000,000
Increase in stock compensation, net         $ 11,000,000            
Earnings Per Share, Diluted, Other Disclosures [Abstract]                      
Merger related costs (in dollars per share) $ (0.21) (0.09) (0.02) (0.01) $ (0.13) (0.12) (0.09) (0.02) $ (0.32) $ (0.36)  
Merger related intangible asset amortization (in dollars per share) (0.58) (0.42) (0.37) (0.39) (0.32) (0.27) (0.30) (0.28) (1.76) (1.15)  
Impact on depreciation related to acquired fleet and property and equipment (in dollars per share) 0 (0.02) (0.08) (0.09) (0.01) (0.07) 0.03 0 (0.19) (0.05)  
Impact of the fair value mark-up of acquired fleet (in dollars per share) (0.11) (0.11) (0.15) (0.21) (0.23) (0.17) (0.13) (0.06) (0.59) (0.59)  
Restructuring charge (in dollars per share) $ (0.15) $ (0.09) $ (0.03) $ (0.02) (0.15) (0.07) (0.14) 0 $ (0.28) (0.36)  
Asset impairment charge (in dollars per share)         0 0 0 0   (0.01)  
Loss on extinguishment of debt securities and amendment of ABL facility (in dollars per share)         $ (0.08) $ (0.22) $ (0.09) $ 0   $ (0.39)  
Senior notes | 7 5/8 percent Senior Notes                      
Effect of Fourth Quarter Events [Line Items]                      
Redemption of principal amount of debt         $ 225,000,000         $ 225,000,000  
Stated interest rate 7.625%               7.625%    
Loss on extinguishment of debt         $ 11,000,000