CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues:
Revenues	$ 2,125	$ 2,117
Cost of revenues:
Cost of equipment rentals, excluding depreciation	747	742
Depreciation of rental equipment	426	395
Total cost of revenues	1,398	1,356
Gross profit	727	761
Selling, general and administrative expenses	267	280
Merger related costs	0	1
Restructuring charge	2	8
Non-rental depreciation and amortization	100	104
Operating income (loss)	358	368
Interest expense, net	136	151
Other income, net	(4)	(3)
Income before provision for income taxes	226	220
Provision for income taxes	53	45
Net income	$ 173	$ 175
Basic earnings per share (in dollars per share)	$ 2.33	$ 2.21
Diluted earnings per share (in dollars per share)	$ 2.33	$ 2.19
Equipment rentals
Revenues:
Revenues	$ 1,783	$ 1,795
Sales of rental equipment
Revenues:
Revenue from contract with customer	208	192
Cost of revenues:
Cost of goods and services sold	125	125
Sales of new equipment
Revenues:
Revenue from contract with customer	62	62
Cost of revenues:
Cost of goods and services sold	54	54
Contractor supplies sales
Revenues:
Revenue from contract with customer	25	24
Cost of revenues:
Cost of goods and services sold	18	17
Service and other revenues
Revenues:
Revenue from contract with customer	47	44
Cost of revenues:
Cost of goods and services sold	$ 28	$ 23