XML 109 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive (Loss) Income
Balance (in shares) at Dec. 31, 2016   84     28  
Balance at Dec. 31, 2016   $ 1 $ 2,288 $ 1,654 $ (2,077) $ (218)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 1,346     1,346    
Foreign currency translation adjustments 67 [1]         67
Neff acquisition     7      
Stock compensation expense, net [2]     91      
Exercise of common stock options     3      
Cumulative effect of a change in accounting for share-based payments 5          
Shares repurchased and retired     (28)      
Repurchase of common stock         $ (28)  
Other     (5)      
Balance (in shares) at Dec. 31, 2017   84     28  
Balance at Dec. 31, 2017   $ 1 2,356 3,005 $ (2,105) (151)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 1,096     1,096    
Foreign currency translation adjustments (84) [1]         (84)
Fixed price diesel swaps           (2)
Stock compensation expense, net (in shares)   1        
Stock compensation expense, net     102      
Exercise of common stock options     2      
Shares repurchased and retired     (52)      
Repurchase of common stock (in shares)   5     5  
Repurchase of common stock         $ (765)  
Balance (in shares) at Dec. 31, 2018   80     33  
Balance at Dec. 31, 2018 3,403 $ 1 2,408 4,101 $ (2,870) (237) [3]
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 1,174     1,174    
Foreign currency translation adjustments 49 [1]         49 [3]
Fixed price diesel swaps [3]           2
Stock compensation expense, net     61      
Exercise of common stock options     11      
Shares repurchased and retired     (40)      
Repurchase of common stock (in shares)   6     6  
Repurchase of common stock         $ (830)  
Balance (in shares) at Dec. 31, 2019   74     39  
Balance at Dec. 31, 2019 $ 3,830 $ 1 $ 2,440 $ 5,275 $ (3,700) $ (186) [3]
[1] There were no material reclassifications from accumulated other comprehensive loss reflected in other comprehensive income (loss) during the years ended December 31, 2019, 2018 or 2017. There is no tax impact related to the foreign currency translation adjustments, as the earnings are considered permanently reinvested (see note 14 to the consolidated financial statements for further discussion addressing this determination). There were no material taxes associated with other comprehensive income (loss) during the years ended December 31, 2019, 2018 or 2017.

[2] Includes net stock compensation expense as reported as a separate component in our consolidated statements of cash flows, and net stock compensation expense included in “Restructuring charge” as reported in our consolidated statements of cash flows.

[3] As of December 31, 2019, 2018 and 2017, the Accumulated Other Comprehensive Loss balance primarily reflects foreign currency translation adjustments.