v3.25.2
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Accounting Guidance for the Company’s Revenues
The following summarizes the applicable accounting guidance for the Company’s revenues for the three and six months ended June 30, 2025 and 2024 (in millions):
Three Months Ended June 30,
20252024
Topic 842Topic 606TotalTopic 842Topic 606Total
Revenues:
Equipment rental$777 $— $777 $685 $— $685 
Other rental revenue:
Delivery and pick-up— 60 60 — 53 53 
Other33 — 33 27 — 27 
Total other rental revenues33 60 93 27 53 80 
Total equipment rental810 60 870 712 53 765 
Sales of rental equipment— 106 106 — 65 65 
Sales of new equipment, parts and supplies— 17 17 — 10 10 
Service and other revenues— 9 9 — 8 8 
Total revenues$810 $192 $1,002 $712 $136 $848 

Six Months Ended June 30,
20252024
Topic 842Topic 606TotalTopic 842Topic 606Total
Revenues:
Equipment rental$1,443 $— $1,443 $1,333 $— $1,333 
Other rental revenue:
Delivery and pick-up— 108 108 — 98 98 
Other58 — 58 53 — 53 
Total other rental revenues58 108 166 53 98 151 
Total equipment rental1,501 108 1,609 1,386 98 1,484 
Sales of rental equipment— 211 211 — 134 134 
Sales of new equipment, parts and supplies— 28 28 — 19 19 
Service and other revenues— 15 15 — 15 15 
Total revenues$1,501 $362 $1,863 $1,386 $266 $1,652 
Schedule of Disaggregation of Revenue
The Company sells its used rental equipment, new equipment, parts and supplies. Revenues recorded for each category are as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Sales of rental equipment$106 $65 $211 $134 
Sales of new equipment7 3 12 6 
Sales of parts and supplies10 7 16 13 
Total$123 $75 $239 $153