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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Financial Information by Segment
The following table sets forth financial information by segment, and includes a reconciliation of the primary measure of segment profit (equipment rentals gross profit) to income before provision for income taxes.
Three Months Ended March 31, 2025Three Months Ended March 31, 2024
General
rentals		SpecialtyTotalGeneral
rentals		SpecialtyTotal
Equipment rentals$2,099 $1,046 $3,145 $2,070 $859 $2,929 
Sales of rental equipment330 47 377 346 37 383 
Sales of new equipment43 27 70 29 19 48 
Contractor supplies sales20 16 36 20 16 36 
Service and other revenues81 10 91 81 8 89 
Total revenue (1)2,573 1,146 3,719 2,546 939 3,485 
Equipment rentals gross profit (see calculation below)679 451 1,130 681 422 1,103 
Equipment rentals gross margin32.3 %43.1 %35.9 %32.9 %49.1 %37.7 %
Capital expenditures (2)521 270 791 506 147 653 
Calculation of equipment rentals gross profit:
Equipment rentals2,099 1,046 3,145 2,070 859 2,929 
Less:
Depreciation of rental equipment(488)(149)(637)(488)(94)(582)
Significant/all other rental expenses (3):
Labor and benefits (4)(406)(120)(526)(390)(98)(488)
Repairs and maintenance(193)(53)(246)(199)(44)(243)
Delivery(115)(96)(211)(102)(66)(168)
All other rental expenses (3)(218)(177)(395)(210)(135)(345)
Equipment rentals gross profit679 451 1,130 681 422 1,103 
Reconciliation of equipment rentals gross profit to income before provision for income taxes:
Gross profit from other lines of business226 243 
Selling, general and administrative expenses(437)(389)
Restructuring charge (5)(1)(1)
Non-rental depreciation and amortization(114)(104)
Interest expense, net(184)(160)
Other income, net (6)68 3 
Income before provision for income taxes$688 $695 
March 31,
2025		December 31,
2024
General
rentals		SpecialtyTotalGeneral
rentals		SpecialtyTotal
Total assets$20,753 $7,297 $28,050 $21,044 $7,119 $28,163 
 ___________________
(1)Includes immaterial intersegment revenues.
(2)The condensed consolidated statements of cash flows include the payments for capital expenditures, while the table above reflects the gross capital expenditures. Accounts payable included $123 and $77 as of March 31, 2025 and December 31, 2024, respectively, and $158 and $74 as of March 31, 2024 and December 31, 2023, respectively, of amounts due but unpaid for purchases of rental equipment.
(3)The significant expense categories align with the segment-level information that is regularly provided to the CODM. The “all other rental expenses” category reflects the difference between equipment rentals revenue less the significant separately disclosed expense categories above and the primary measure of segment profit (equipment rentals gross profit), and is primarily comprised of property costs, costs associated with re-rent revenue and certain ancillary revenues (see note
2 to the condensed consolidated financial statements for a discussion of the different types of equipment rentals revenue), and insurance costs. Intersegment expenses are included within the amounts shown.
(4)Labor and benefits includes all internal labor and benefits costs associated with equipment rentals, including labor and benefits costs associated with repairs and maintenance and delivery.
(5)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. As of March 31, 2025, there were no open restructuring programs.
(6)In January 2025, we announced that we had signed a merger agreement to acquire H&E. In February 2025, the merger agreement was terminated. Other income, net for the three months ended March 31, 2025 includes a break-up fee of $64 that we received following the termination of the H&E merger agreement