v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2024   28.4        
Balance, beginning at Dec. 31, 2024 $ 1,396 $ 0 $ 1,832 $ 633 $ (142) $ (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (18)     (18)    
Stock-based compensation charges 6   6      
Dividends declared (20)     (20)    
Net settlement on vesting of equity awards (in shares)   0.1        
Net settlement on vesting of equity awards (7)   (7)      
Employee stock purchase plan 1   1      
Ending balance (in shares) at Mar. 31, 2025   28.5        
Balance, ending at Mar. 31, 2025 $ 1,358 $ 0 1,832 595 (142) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared (in USD per share) $ 0.70          
Beginning balance (in shares) at Dec. 31, 2024   28.4        
Balance, beginning at Dec. 31, 2024 $ 1,396 $ 0 1,832 633 (142) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (23)          
Ending balance (in shares) at Sep. 30, 2025   33.2        
Balance, ending at Sep. 30, 2025 1,929 $ 0 2,440 547 (131) (927)
Beginning balance (in shares) at Mar. 31, 2025   28.5        
Balance, beginning at Mar. 31, 2025 1,358 $ 0 1,832 595 (142) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (35)     (35)    
Other comprehensive income (loss) 17       17  
Stock-based compensation charges 6   6      
Dividends declared (20)     (20)    
Employee stock purchase plan 1   1      
Issuance of common stock for H&E acquisition (in shares)   4.7        
Issuance of common stock for H&E acquisition 584   584      
Ending balance (in shares) at Jun. 30, 2025   33.2        
Balance, ending at Jun. 30, 2025 $ 1,911 $ 0 2,423 540 (125) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared (in USD per share) $ 0.70          
Net income (loss) $ 30     30    
Other comprehensive income (loss) (6)       (6)  
Stock-based compensation charges 16   16      
Dividends declared (23)     (23)    
Net settlement on vesting of equity awards (1)   (1)      
Employee stock purchase plan 2   2      
Ending balance (in shares) at Sep. 30, 2025   33.2        
Balance, ending at Sep. 30, 2025 $ 1,929 $ 0 2,440 547 (131) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared (in USD per share) $ 0.70          
Beginning balance (in shares) at Dec. 31, 2025 33.3 33.3        
Balance, beginning at Dec. 31, 2025 $ 1,948 $ 0 2,448 547 (120) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (24)     (24)    
Other comprehensive income (loss) (4)       (4)  
Stock-based compensation charges 6   6      
Dividends declared (23)     (23)    
Net settlement on vesting of equity awards (in shares)   0.1        
Net settlement on vesting of equity awards (7)   (7)      
Employee stock purchase plan 2   2      
Ending balance (in shares) at Mar. 31, 2026   33.4        
Balance, ending at Mar. 31, 2026 $ 1,898 $ 0 2,449 500 (124) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared (in USD per share) $ 0.70          
Beginning balance (in shares) at Dec. 31, 2025 33.3 33.3        
Balance, beginning at Dec. 31, 2025 $ 1,948 $ 0 2,448 547 (120) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) $ 99          
Ending balance (in shares) at Sep. 30, 2026 33.4 33.4        
Balance, ending at Sep. 30, 2026 $ 1,984 $ 0 2,467 576 (132) (927)
Beginning balance (in shares) at Mar. 31, 2026   33.4        
Balance, beginning at Mar. 31, 2026 1,898 $ 0 2,449 500 (124) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 19     19    
Other comprehensive income (loss) (7)       (7)  
Stock-based compensation charges 2   2      
Dividends declared (23)     (23)    
Net settlement on vesting of equity awards (1)   (1)      
Employee stock purchase plan 2   2      
Ending balance (in shares) at Jun. 30, 2026   33.4        
Balance, ending at Jun. 30, 2026 $ 1,890 $ 0 2,452 496 (131) (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared (in USD per share) $ 0.70          
Net income (loss) $ 104     104    
Other comprehensive income (loss) (1)       (1)  
Stock-based compensation charges 14   14      
Dividends declared (24)     (24)    
Net settlement on vesting of equity awards (1)   (1)      
Employee stock purchase plan $ 2   2      
Ending balance (in shares) at Sep. 30, 2026 33.4 33.4        
Balance, ending at Sep. 30, 2026 $ 1,984 $ 0 $ 2,467 $ 576 $ (132) $ (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared (in USD per share) $ 0.70