CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014		Sep. 30, 2013
Revenues:
Equipment rentals	$ 1,315	$ 1,138	$ 3,499		$ 3,063
Sales of rental equipment	140	102	388		356
Sales of new equipment	42	29	105		74
Contractor supplies sales	23	23	64		66
Service and other revenues	24	19	65		58
Total revenues	1,544	1,311	4,121		3,617
Cost of revenues:
Cost of equipment rentals, excluding depreciation	480	422	1,336		1,214
Depreciation of rental equipment	236	219	682		629
Cost of rental equipment sales	82	62	227		232
Cost of new equipment sales	33	23	84		59
Cost of contractor supplies sales	16	15	44		44
Cost of service and other revenues	9	6	23		19
Total cost of revenues	856	747	2,396		2,197
Gross profit	688	564	1,725		1,420
Selling, general and administrative expenses	194	167	549		479
Merger related costs	4	0	13		8
Restructuring charge	(2)	1	(2)	[1]	12
Non-rental depreciation and amortization	70	59	200		185
Operating income	422	337	965		736
Interest expense, net	124	121	436		357
Interest expense—subordinated convertible debentures	0	0	0		3
Other income, net	(5)	(2)	(10)		(3)
Income before provision for income taxes	303	218	539		379
Provision for income taxes	111	75	193		132
Net income	$ 192	$ 143	$ 346		$ 247
Basic earnings per share (in dollars per share)	$ 1.95	$ 1.53	$ 3.57		$ 2.65
Diluted earnings per share (in dollars per share)	$ 1.84	$ 1.35	$ 3.29		$ 2.33

[1] Reflected in our condensed consolidated statements of income as “Restructuring charge.” The income for the nine months ended September 30, 2014 primarily reflects buyouts or settlements of real estate leases for less than the recognized reserves. These charges are not allocated to our reportable segments.