CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Cash Flows From Operating Activities:
Net income	$ 387	[1]	$ 75	[2]	$ 101
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,098		897		480
Amortization of deferred financing costs and original issue discounts	21		23		22
Gain on sales of rental equipment	(176)		(125)		(66)
Gain on sales of non-rental equipment	(6)		(2)		(2)
Gain on sale of software subsidiary	1		(8)		0
Stock compensation expense, net	46		32		12
RSC merger related costs	9		111		19
Restructuring charge	12		99		19
Loss on extinguishment of debt securities and ABL amendment	1		72		3
Loss on retirement of subordinated convertible debentures	2		0		2
Increase (decrease) in deferred taxes	167		(16)		39
Changes in operating assets and liabilities:
Increase in accounts receivable	(20)		(86)		(62)
Increase in inventory	(2)		(2)		(3)
Decrease (increase) in prepaid expenses and other assets	60		(18)		(15)
Increase (decrease) in accounts payable	9		(223)		68
Decrease in accrued expenses and other liabilities	(58)		(108)		(5)
Net cash provided by operating activities	1,551		721		612
Cash Flows From Investing Activities:
Purchases of rental equipment	(1,580)		(1,272)		(774)
Purchases of non-rental equipment	(104)		(97)		(36)
Proceeds from sales of rental equipment	490		399		208
Proceeds from sales of non-rental equipment	26		31		13
Purchases of other companies, net of cash acquired	(9)		(1,175)		(276)
Proceeds from sale of software subsidiary	0		10		0
Net cash used in investing activities	(1,177)		(2,104)		(865)
Cash Flows From Financing Activities:
Proceeds from debt	3,805		6,013		1,892
Payments of debt, including subordinated convertible debentures	(3,965)		(4,370)		(1,813)
Payments of financing costs	(2)		(75)		(16)
Proceeds from the exercise of common stock options	6		21		35
Common stock repurchased	(115)		(131)		(7)
Cash paid in connection with the 4 percent Convertible Senior Notes and related hedge, net	(24)		0		(11)
Excess tax benefits from share-based payment arrangements, net	0		(5)		0
Net cash (used in) provided by financing activities	(295)		1,453		80
Effect of foreign exchange rates	(10)		0		6
Net increase (decrease) in cash and cash equivalents	69		70		(167)
Cash and cash equivalents at beginning of year	106		36		203
Cash and cash equivalents at end of year	175		106		36
Supplemental disclosure of cash flow information:
Cash paid for interest, including subordinated convertible debentures	461		371		203
Cash paid for income taxes, net	$ 48		$ 40		$ 24

[1] The fourth quarter of 2013 includes a reduction in bad debt expense of $17 as compared to the fourth quarter of 2012 primarily due to improved receivable aging. In the fourth quarter of 2013, we recognized a benefit of $3 in cost of equipment rentals, excluding depreciation related to our provision for self-insurance reserves.

[2] During the fourth quarter of 2012, we recognized $13 of charges associated with the RSC acquisition. Additionally, during the quarter, we recognized restructuring charges of $6, primarily reflecting branch closure charges associated with the RSC acquisition. During the quarter, we also recognized asset impairment charges of $2 which are primarily reflected in non-rental depreciation and amortization and principally relate to write-offs of leasehold improvements and other fixed assets. During the fourth quarter of 2012, we redeemed our 10 7/8 percent Senior Notes and all of our outstanding 1 7/8 percent Convertible Senior Subordinated Notes were converted. Upon redemption/conversion, we recognized a loss of $72 in interest expense, net. The loss represents the difference between the net carrying amount and the total purchase/conversion price of these securities. During the quarter, we also recognized a benefit of $6 in cost of equipment rentals, excluding depreciation related to our provision for self-insurance reserves. Additionally, operating income for the fourth quarter 2012 included $8 of costs, in the aggregate, primarily related to the merger, which should have been recognized in the second and third quarters of 2012. There was no impact on 2012 full year operating income.