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Condensed Consolidating Financial Information of Guarantor Subsidiaries CONDENSED CONSOLIDATING STATEMENT OF INCOME AND COMPREHENSIVE INCOME (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Equipment rentals $ 1,005 $ 916
Sales of rental equipment 110 123
Sales of new equipment 26 21
Contractor supplies sales 19 20
Service and other revenues 18 20
Total revenues 1,178 1,100
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 409 393
Depreciation of rental equipment 217 202
Cost of rental equipment sales 65 83
Cost of new equipment sales 20 17
Cost of contractor supplies sales 13 13
Cost of service and other revenues 6 7
Total cost of revenues 730 715
Gross profit 448 385
Selling, general and administrative expenses 168 160
Merger related costs 1 6
Restructuring charge 1 [1] 6
Non-rental depreciation and amortization 60 64
Operating (loss) income 218 149
Interest expense (income), net 125 118
Interest expense-subordinated convertible debentures 0 2
Other (income) expense, net (1) (1)
(Loss) income before provision for income taxes 94 30
Provision for income taxes 34 9
Income (loss) before equity in net earnings (loss) of subsidiaries 60 21
Equity in net earnings (loss) of subsidiaries 0 0
Net income 60 21
Other comprehensive income (loss) (39) (20)
Comprehensive income 21 [2] 1 [2]
Parent
   
Revenues:    
Equipment rentals 0 0
Sales of rental equipment 0 0
Sales of new equipment 0 0
Contractor supplies sales 0 0
Service and other revenues 0 0
Total revenues 0 0
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 0 0
Depreciation of rental equipment 0 0
Cost of rental equipment sales 0 0
Cost of new equipment sales 0 0
Cost of contractor supplies sales 0 0
Cost of service and other revenues 0 0
Total cost of revenues 0 0
Gross profit 0 0
Selling, general and administrative expenses 25 19
Merger related costs 0 0
Restructuring charge 0 0
Non-rental depreciation and amortization 4 4
Operating (loss) income (29) (23)
Interest expense (income), net 6 2
Interest expense-subordinated convertible debentures   2
Other (income) expense, net (32) (30)
(Loss) income before provision for income taxes (3) 3
Provision for income taxes 0 1
Income (loss) before equity in net earnings (loss) of subsidiaries (3) 2
Equity in net earnings (loss) of subsidiaries 63 19
Net income 60 21
Other comprehensive income (loss) (39) (20)
Comprehensive income 21 1
URNA
   
Revenues:    
Equipment rentals 872 781
Sales of rental equipment 100 112
Sales of new equipment 21 16
Contractor supplies sales 15 16
Service and other revenues 15 15
Total revenues 1,023 940
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 354 333
Depreciation of rental equipment 193 178
Cost of rental equipment sales 60 76
Cost of new equipment sales 16 13
Cost of contractor supplies sales 10 10
Cost of service and other revenues 5 6
Total cost of revenues 638 616
Gross profit 385 324
Selling, general and administrative expenses 123 117
Merger related costs 1 6
Restructuring charge 1 6
Non-rental depreciation and amortization 51 55
Operating (loss) income 209 140
Interest expense (income), net 118 114
Interest expense-subordinated convertible debentures   0
Other (income) expense, net 46 45
(Loss) income before provision for income taxes 45 (19)
Provision for income taxes 18 (7)
Income (loss) before equity in net earnings (loss) of subsidiaries 27 (12)
Equity in net earnings (loss) of subsidiaries 36 31
Net income 63 19
Other comprehensive income (loss) (39) (20)
Comprehensive income 24 (1)
Guarantor Subsidiaries
   
Revenues:    
Equipment rentals 0 0
Sales of rental equipment 0 0
Sales of new equipment 0 0
Contractor supplies sales 0 0
Service and other revenues 0 0
Total revenues 0 0
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 0 0
Depreciation of rental equipment 0 0
Cost of rental equipment sales 0 0
Cost of new equipment sales 0 0
Cost of contractor supplies sales 0 0
Cost of service and other revenues 0 0
Total cost of revenues 0 0
Gross profit 0 0
Selling, general and administrative expenses 0 0
Merger related costs 0 0
Restructuring charge 0 0
Non-rental depreciation and amortization 0 0
Operating (loss) income 0 0
Interest expense (income), net 1 1
Interest expense-subordinated convertible debentures   0
Other (income) expense, net 2 0
(Loss) income before provision for income taxes (3) (1)
Provision for income taxes 0 0
Income (loss) before equity in net earnings (loss) of subsidiaries (3) (1)
Equity in net earnings (loss) of subsidiaries 25 21
Net income 22 20
Other comprehensive income (loss) (38) (20)
Comprehensive income (16) 0
Non Guarantor Subsidiaries Foreign
   
Revenues:    
Equipment rentals 133 135
Sales of rental equipment 10 11
Sales of new equipment 5 5
Contractor supplies sales 4 4
Service and other revenues 3 5
Total revenues 155 160
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 55 60
Depreciation of rental equipment 24 24
Cost of rental equipment sales 5 7
Cost of new equipment sales 4 4
Cost of contractor supplies sales 3 3
Cost of service and other revenues 1 1
Total cost of revenues 92 99
Gross profit 63 61
Selling, general and administrative expenses 20 22
Merger related costs 0 0
Restructuring charge 0 0
Non-rental depreciation and amortization 5 5
Operating (loss) income 38 34
Interest expense (income), net 1 1
Interest expense-subordinated convertible debentures   0
Other (income) expense, net 3 3
(Loss) income before provision for income taxes 34 30
Provision for income taxes 9 9
Income (loss) before equity in net earnings (loss) of subsidiaries 25 21
Equity in net earnings (loss) of subsidiaries 0 0
Net income 25 21
Other comprehensive income (loss) (30) (15)
Comprehensive income (5) 6
Non Guarantor Subsidiaries SPV
   
Revenues:    
Equipment rentals 0 0
Sales of rental equipment 0 0
Sales of new equipment 0 0
Contractor supplies sales 0 0
Service and other revenues 0 0
Total revenues 0 0
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 0 0
Depreciation of rental equipment 0 0
Cost of rental equipment sales 0 0
Cost of new equipment sales 0 0
Cost of contractor supplies sales 0 0
Cost of service and other revenues 0 0
Total cost of revenues 0 0
Gross profit 0 0
Selling, general and administrative expenses 0 2
Merger related costs 0 0
Restructuring charge 0 0
Non-rental depreciation and amortization 0 0
Operating (loss) income 0 (2)
Interest expense (income), net 1 1
Interest expense-subordinated convertible debentures   0
Other (income) expense, net (20) (19)
(Loss) income before provision for income taxes 19 16
Provision for income taxes 7 6
Income (loss) before equity in net earnings (loss) of subsidiaries 12 10
Equity in net earnings (loss) of subsidiaries 0 0
Net income 12 10
Other comprehensive income (loss) 0 0
Comprehensive income 12 10
Eliminations
   
Revenues:    
Equipment rentals 0 0
Sales of rental equipment 0 0
Sales of new equipment 0 0
Contractor supplies sales 0 0
Service and other revenues 0 0
Total revenues 0 0
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 0 0
Depreciation of rental equipment 0 0
Cost of rental equipment sales 0 0
Cost of new equipment sales 0 0
Cost of contractor supplies sales 0 0
Cost of service and other revenues 0 0
Total cost of revenues 0 0
Gross profit 0 0
Selling, general and administrative expenses 0 0
Merger related costs 0 0
Restructuring charge 0 0
Non-rental depreciation and amortization 0 0
Operating (loss) income 0 0
Interest expense (income), net (2) (1)
Interest expense-subordinated convertible debentures   0
Other (income) expense, net 0 0
(Loss) income before provision for income taxes 2 1
Provision for income taxes 0 0
Income (loss) before equity in net earnings (loss) of subsidiaries 2 1
Equity in net earnings (loss) of subsidiaries (124) (71)
Net income (122) (70)
Other comprehensive income (loss) 107 55
Comprehensive income $ (15) $ (15)
[1] Reflected in our condensed consolidated statements of income as “Restructuring charge.” These charges are not allocated to our reportable segments.
[2] There were no material reclassifications from accumulated other comprehensive income (loss) reflected in other comprehensive loss during 2014 or 2013. There is no tax impact related to the foreign currency translation adjustments, as the earnings are considered permanently reinvested. There were no material taxes associated with other comprehensive loss during 2014 or 2013.