v3.26.1
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2026
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, 2026 and 2025 (in millions):
Three Months Ended June 30,
20262025
Topic 842Topic 606TotalTopic 842Topic 606Total
Revenues:
Equipment rental$962 $— $962 $777 $— $777 
Other rental revenue:
Delivery and pick-up— 72 72 — 60 60 
Other38 — 38 33 — 33 
Total other rental revenues38 72 110 33 60 93 
Total equipment rental1,000 72 1,072 810 60 870 
Sales of rental equipment— 110 110 — 106 106 
Sales of new equipment, parts and supplies— 12 12 — 17 17 
Service and other revenues— 10 10 — 9 9 
Total revenues$1,000 $204 $1,204 $810 $192 $1,002 

Six Months Ended June 30,
20262025
Topic 842Topic 606TotalTopic 842Topic 606Total
Revenues:
Equipment rental$1,846 $— $1,846 $1,443 $— $1,443 
Other rental revenue:
Delivery and pick-up— 134 134 — 108 108 
Other73 — 73 58 — 58 
Total other rental revenues73 134 207 58 108 166 
Total equipment rental1,919 134 2,053 1,501 108 1,609 
Sales of rental equipment— 248 248 — 211 211 
Sales of new equipment, parts and supplies— 25 25 — 28 28 
Service and other revenues— 17 17 — 15 15 
Total revenues$1,919 $424 $2,343 $1,501 $362 $1,863 
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,
2026202520262025
Sales of rental equipment$110 $106 $248 $211 
Sales of new equipment4 7 10 12 
Sales of parts and supplies8 10 15 16 
Total$122 $123 $273 $239