v3.26.1
Revenue Recognition
12 Months Ended
Apr. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Nature of goods and services
In the following table, revenue is summarized by type and by the applicable accounting standard.
Year Ended April 30,
202620252024
(In millions)Topic 842Topic 606TotalTopic 842Topic 606TotalTopic 842Topic 606Total
Revenues:
Equipment rentals$8,302 $— $8,302 $8,049 $— $8,049 $7,727 $— $7,727 
Other rental revenue:
Delivery and pick-up— 875 875 — 862 862 — 802 802 
Other343 800 1,143 338 731 1,069 334 767 1,101 
Total equipment rentals8,645 1,675 10,320 8,387 1,593 9,980 8,061 1,569 9,630 
Sales of rental equipment— 451 451 — 467 467 — 859 859 
Sales of new equipment, merchandise and consumables
— 383 383 — 344 344 — 370 370 
Total revenues$8,645 $2,509 $11,154 $8,387 $2,404 $10,791 $8,061 $2,798 $10,859 
Revenues by reportable segment are presented in Note 5 of the consolidated financial statements, using the revenue captions reflected in our consolidated statements of income.
Allowance for Credit Losses
The roll-forward of the allowance for credit losses is shown below.
Year Ended April 30,
(In millions)202620252024
Beginning balance$102 $141 $107 
Amounts written off or recovered
(61)
(67)
(50)
Increase in allowance recognized
64 
28 
84 
Ending balance$105 $102 $141