Derivatives (Tables)

3 Months Ended

Mar. 31, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Effect of derivatives on consolidated statements of income

The effect of our derivative instruments on our condensed consolidated statements of income for the three months ended March 31, 2012 and 2011 was as follows:

		Three Months Ended March 31, 2012				Three Months Ended March 31, 2011
	Location of  income (expense) recognized  on derivative/hedged item	Amount of  income (expense) recognized on  derivative	Amount of  income (expense) recognized on hedged item			Amount of  income (expense) recognized on  derivative	Amount of  income (expense) recognized on hedged item
Derivatives designated as hedging instruments:
Fixed price diesel swaps	Other income (expense), net (1)	$ *				$ *
	Cost of equipment rentals, excluding depreciation (2), (3)	*	$	(5	)	*	$	(3	)
Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Other income (expense), net	—	—			4	(4		)

* Amounts are insignificant (less than $1).

(1) Represents the ineffective portion of the fixed price diesel swaps.

(2) Amounts recognized on derivative represent the effective portion of the fixed price diesel swaps.

(3) Amounts recognized on hedged item reflect the use of 1.2 million and 0.9 million gallons of diesel covered by the fixed price swaps during the three months ended March 31, 2012 and 2011, respectively.