v3.26.1
Rental Equipment, net
3 Months Ended
Jul. 31, 2026
Property, Plant, and Equipment [Abstract]  
Rental Equipment, net Rental Equipment, net
Rental equipment consists of the following:
(In millions)July 31,
2026
April 30,
2026
Rental equipment
$
20,102 
$
19,231 
Less: accumulated depreciation
(8,246)
(8,007)
Rental equipment, net$11,856 $11,224 
Amounts due but unpaid for purchases of rental equipment was $607 million and $387 million as of July 31, 2026 and April 30, 2026, respectively. These balances are included in “Accounts payable” and “Accrued expenses and other liabilities” in the consolidated balance sheet. Amounts receivable but unpaid for sales of rental equipment was $127 million and $122 million as of July 31, 2026 and April 30, 2026, respectively. These balances are included in “Accounts receivable, net of allowance for credit losses.”