Segment Information

6 Months Ended

Jun. 30, 2012

Segment Reporting, Measurement Disclosures [Abstract]

Segment Information

Segment Information

Our reportable segments are general rentals and trench safety, power and HVAC (“heating, ventilating and air conditioning”). The general rentals segment includes the rental of construction, infrastructure, industrial and homeowner equipment and related services and activities. The general rentals segment’s customers include construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities. The general rentals segment comprises 12 geographic regions—Eastern Canada, Gulf South, Industrial (which serves the geographic Gulf region and has a strong industrial presence), Mid-Atlantic, Mid-Central, Midwest, Mountain West, Northeast, Northwest, South, Southeast and Southwest—and operates throughout the United States and Canada. The trench safety, power and HVAC segment includes the rental of specialty construction products and related services. The trench safety, power and HVAC segment’s customers include construction companies involved in infrastructure projects, municipalities and industrial companies. This segment operates throughout the United States and in Canada. These segments align our external segment reporting with how management evaluates and allocates resources. We evaluate segment performance based on segment equipment rentals gross profit.

The following tables set forth financial information by segment.

	General rentals		Trench safety, power and  HVAC		Total
Three Months Ended June 30, 2012
Equipment rentals	$	781	$	64	$	845
Sales of rental equipment	78		3		81
Sales of new equipment	20		2		22
Contractor supplies sales	21		2		23
Service and other revenues	21		1		22
Total revenue	921		72		993
Depreciation and amortization expense	209		12		221
Equipment rentals gross profit	293		30		323
Three Months Ended June 30, 2011
Equipment rentals	$	479	$	45	$	524
Sales of rental equipment	40		1		41
Sales of new equipment	18		3		21
Contractor supplies sales	20		2		22
Service and other revenues	20		1		21
Total revenue	577		52		629
Depreciation and amortization expense	109		8		117
Equipment rentals gross profit	156		19		175
Six Months Ended June 30, 2012
Equipment rentals	$	1,256	$	112	$	1,368
Sales of rental equipment	152		5		157
Sales of new equipment	37		3		40
Contractor supplies sales	37		4		41
Service and other revenues	41		2		43
Total revenue	1,523		126		1,649
Depreciation and amortization expense	328		22		350
Equipment rentals gross profit	437		48		485
Capital expenditures	853		45		898
Six Months Ended June 30, 2011
Equipment rentals	$	879	$	79	$	958
Sales of rental equipment	70		3		73
Sales of new equipment	32		4		36
Contractor supplies sales	40		3		43
Service and other revenues	40		2		42
Total revenue	1,061		91		1,152
Depreciation and amortization expense	214		14		228
Equipment rentals gross profit	244		33		277
Capital expenditures	391		34		425

	June 30, 2012		December 31, 2011
Total reportable segment assets
General rentals	$	10,485	$	3,776
Trench safety, power and HVAC	457		367
Total assets	$	10,942	$	4,143

Equipment rentals gross profit is the primary measure management reviews to make operating decisions and assess segment performance. The following is a reconciliation of equipment rentals gross profit to (loss) income from continuing operations before (benefit) provision for income taxes:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Total equipment rentals gross profit	$	323		$	175		$	485		$	277
Gross profit from other lines of business	51			36			102			72
Selling, general and administrative expenses	(146		)	(100		)	(248		)	(195		)
RSC merger related costs	(80		)	—			(90		)	—
Restructuring charge	(53		)	(2		)	(53		)	(3		)
Non-rental depreciation and amortization	(49		)	(14		)	(63		)	(26		)
Interest expense, net	(121		)	(57		)	(189		)	(113		)
Interest expense- subordinated convertible debentures	(1		)	(2		)	(2		)	(4		)
Other income, net	12			3			13			4
(Loss) income from continuing operations before (benefit) provision for income taxes	$	(64	)	$	39		$	(45	)	$	12