Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of changes in accounting principles

In the following table, revenue is summarized by type and by the applicable accounting standard.

	Three Months Ended September 30,
			2023						2022
	Topic 842		Topic 606		Total		Topic 842		Topic 606		Total
Revenues:
Owned equipment rentals	$	2,651	$	—	$	2,651	$	2,238	$	—	$	2,238
Re-rent revenue	68		—		68		72		—		72
Ancillary and other rental revenues:
Delivery and pick-up	—		258		258		—		221		221
Other	204		43		247		163		38		201
Total ancillary and other rental revenues	204		301		505		163		259		422
Total equipment rentals	2,923		301		3,224		2,473		259		2,732
Sales of rental equipment	—		366		366		—		181		181
Sales of new equipment	—		52		52		—		32		32
Contractor supplies sales	—		39		39		—		32		32
Service and other revenues	—		84		84		—		74		74
Total revenues	$	2,923	$	842	$	3,765	$	2,473	$	578	$	3,051

	Nine Months Ended September 30,
			2023						2022
	Topic 842		Topic 606		Total		Topic 842		Topic 606		Total
Revenues:
Owned equipment rentals	$	7,378	$	—	$	7,378	$	6,053	$	—	$	6,053
Re-rent revenue	176		—		176		176		—		176
Ancillary and other rental revenues:
Delivery and pick-up	—		699		699		—		583		583
Other	554		138		692		429		128		557
Total ancillary and other rental revenues	554		837		1,391		429		711		1,140
Total equipment rentals	8,108		837		8,945		6,658		711		7,369
Sales of rental equipment	—		1,136		1,136		—		556		556
Sales of new equipment	—		166		166		—		115		115
Contractor supplies sales	—		110		110		—		94		94
Service and other revenues	—		247		247		—		212		212
Total revenues	$	8,108	$	2,496	$	10,604	$	6,658	$	1,688	$	8,346

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure

The rollforward of our allowance for credit losses (in total, and associated with revenues arising from both Topic 606 and Topic 842) is shown below.

	Three Months Ended September 30, 2023		Three Months Ended September 30, 2022		Nine Months Ended September 30, 2023		Nine Months Ended September 30, 2022
Beginning balance	$	147	$	117	$	134	$	112
Charged to costs and expenses (1)	4		3		9		6
Charged to revenue (2)	16		11		37		28
Deductions and other (3)	(9)		(8)		(22)		(23)
Ending balance	$	158	$	123	$	158	$	123

_________________

(1)    Reflects bad debt expenses recognized within selling, general and administrative expenses (associated with Topic 606 revenues).

(2)    Primarily reflects credit losses associated with lease revenues that were recognized as a reduction to equipment rentals revenue (primarily associated with Topic 842 revenues).

(3)    Primarily represents write-offs of accounts, net of immaterial recoveries and other activity.