Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2024

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,
			2024						2023
	Topic 842		Topic 606		Total		Topic 842		Topic 606		Total
Revenues:
Owned equipment rentals	$	2,804	$	—	$	2,804	$	2,651	$	—	$	2,651
Re-rent revenue	71		—		71		68		—		68
Ancillary and other rental revenues:
Delivery and pick-up	—		297		297		—		258		258
Other	243		48		291		204		43		247
Total ancillary and other rental revenues	243		345		588		204		301		505
Total equipment rentals	3,118		345		3,463		2,923		301		3,224
Sales of rental equipment	—		321		321		—		366		366
Sales of new equipment	—		77		77		—		52		52
Contractor supplies sales	—		38		38		—		39		39
Service and other revenues	—		93		93		—		84		84
Total revenues	$	3,118	$	874	$	3,992	$	2,923	$	842	$	3,765

	Nine Months Ended September 30,
			2024						2023
	Topic 842		Topic 606		Total		Topic 842		Topic 606		Total
Revenues:
Owned equipment rentals	$	7,812	$	—	$	7,812	$	7,378	$	—	$	7,378
Re-rent revenue	184		—		184		176		—		176
Ancillary and other rental revenues:
Delivery and pick-up	—		778		778		—		699		699
Other	685		148		833		554		138		692
Total ancillary and other rental revenues	685		926		1,611		554		837		1,391
Total equipment rentals	8,681		926		9,607		8,108		837		8,945
Sales of rental equipment	—		1,069		1,069		—		1,136		1,136
Sales of new equipment	—		186		186		—		166		166
Contractor supplies sales	—		116		116		—		110		110
Service and other revenues	—		272		272		—		247		247
Total revenues	$	8,681	$	2,569	$	11,250	$	8,108	$	2,496	$	10,604

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, 2024		Three Months Ended September 30, 2023		Nine Months Ended September 30, 2024		Nine Months Ended September 30, 2023
Beginning balance	$	176	$	147	$	169	$	134
Charged to costs and expenses (1)	6		4		13		9
Charged to revenue (2)	17		16		40		37
Deductions and other (3)	(15)		(9)		(38)		(22)
Ending balance	$	184	$	158	$	184	$	158

_________________

(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.