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Segment Information
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
Our reportable segments are i) general rentals and ii) specialty. For general rentals, the divisions discussed below, which are our operating segments, are aggregated into the reportable segment. The specialty segment is a single division that is both an operating segment and a reportable segment. We believe that the divisions that are aggregated into our reportable segments have similar economic characteristics, as each division is capital intensive, offers similar products to similar customers, uses similar methods to distribute its products, and is subject to similar competitive risks. The aggregation of our divisions also reflects the management structure that we use for making operating decisions and assessing performance. We evaluate segment performance primarily based on segment equipment rentals gross profit.
The general rentals segment includes the rental of i) general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment and material handling equipment, ii) aerial work platforms, such as boom lifts and scissor lifts and iii) general tools and light equipment, such as pressure washers, water pumps and power tools. The general rentals segment reflects the aggregation of four geographic divisions—Central, Northeast, Southeast and West—and operates throughout the United States and Canada.
The specialty segment, which, as noted above, is a single division that is both an operating segment and a reportable segment, rents products (and provides setup and other services on such rented equipment) including i) trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers and line testing equipment for underground work, ii) power and HVAC equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment, iii) fluid solutions equipment primarily used for fluid containment, transfer and treatment, iv) mobile storage equipment and modular office space and v) surface protection mats. The specialty segment’s customers include construction companies involved in infrastructure projects, municipalities and industrial companies. This segment primarily operates in the United States and Canada, and has a limited presence in Europe, Australia and New Zealand.
 
The following tables set forth financial information by segment.
General
rentals		SpecialtyTotal
Three Months Ended September 30, 2024
Equipment rentals$2,327 $1,136 $3,463 
Sales of rental equipment274 47 321 
Sales of new equipment36 41 77 
Contractor supplies sales22 16 38 
Service and other revenues86 7 93 
Total revenue2,745 1,247 3,992 
Depreciation and amortization expense568 170 738 
Equipment rentals gross profit874 568 1,442 
Three Months Ended September 30, 2023
Equipment rentals$2,307 $917 $3,224 
Sales of rental equipment320 46 366 
Sales of new equipment24 28 52 
Contractor supplies sales23 16 39 
Service and other revenues78 6 84 
Total revenue2,752 1,013 3,765 
Depreciation and amortization expense580 115 695 
Equipment rentals gross profit872 478 1,350 
Nine Months Ended September 30, 2024
Equipment rentals$6,606 $3,001 $9,607 
Sales of rental equipment933 136 1,069 
Sales of new equipment92 94 186 
Contractor supplies sales65 51 116 
Service and other revenues248 24 272 
Total revenue7,944 3,306 11,250 
Depreciation and amortization expense1,683 458 2,141 
Equipment rentals gross profit2,357 1,473 3,830 
Capital expenditures (1)2,738 815 3,553 
Nine Months Ended September 30, 2023
Equipment rentals$6,514 $2,431 $8,945 
Sales of rental equipment1,012 124 1,136 
Sales of new equipment66 100 166 
Contractor supplies sales67 43 110 
Service and other revenues225 22 247 
Total revenue7,884 2,720 10,604 
Depreciation and amortization expense1,737 347 2,084 
Equipment rentals gross profit2,323 1,203 3,526 
Capital expenditures (1)2,663 682 3,345 
 ___________________
(1)The condensed consolidated statements of cash flows include the payments for capital expenditures, while the table above reflects the gross capital expenditures. Accounts payable as of September 30, 2024 and December 31, 2023 included $183 and $74, respectively, of amounts due but unpaid for purchases of rental equipment. The net impact of accrued purchases of rental equipment was not material for the nine months ended September 30, 2023.
September 30,
2024		December 31,
2023
Total reportable segment assets
General rentals$21,176 $20,411 
Specialty (1)7,236 5,178 
Total assets$28,412 $25,589 
  ___________________
(1)The increase in the specialty segment assets includes the impact of the Yak acquisition discussed in note 3 to the condensed consolidated financial statements.  
Equipment rentals gross profit is the primary measure management reviews to make operating decisions and assess segment performance. The following is a reconciliation of equipment rentals gross profit to income before provision for income taxes:
Three Months EndedNine Months Ended
 September 30,September 30,
 2024202320242023
Total equipment rentals gross profit$1,442 $1,350 $3,830 $3,526 
Gross profit from other lines of business206 235 682 725 
Selling, general and administrative expenses(416)(374)(1,209)(1,134)
Restructuring charge (1)(1)(5)(3)(24)
Non-rental depreciation and amortization(109)(107)(322)(329)
Interest expense, net(178)(163)(511)(474)
Other income, net5 7 12 19 
Income before provision for income taxes$949 $943 $2,479 $2,309 
 ___________________
(1)Primarily reflects severance and branch closure charges associated with our restructuring programs. The restructuring charges generally involve the closure of a large number of branches over a short period of time, often in periods following a major acquisition. The amounts above primarily reflect charges associated with the restructuring program initiated following the December 2022 acquisition of Ahern Rentals, Inc. As of September 30, 2024, there were no open restructuring programs.