Segment Information

Our reportable segments are i) general rentals and ii) trench, power and pump. The general rentals segment includes the rental of i) general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment and material handling equipment, ii) aerial work platforms, such as boom lifts and scissor lifts and iii) general tools and light equipment, such as pressure washers, water pumps and power tools. The general rentals segment reflects the aggregation of 11 geographic regions—Carolinas, Gulf South, Industrial (which serves the geographic Gulf region and has a strong industrial presence), Mid-Atlantic, Mid Central, Midwest, Northeast, Pacific West, South, Southeast and Western Canada—and operates throughout the United States and Canada.

The trench, power and pump segment includes the rental of specialty construction products such as i) trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers and line testing equipment for underground work, ii) power and HVAC equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment and iii) pumps primarily used by municipalities, industrial plants, and mining, construction, and agribusiness customers. The trench, power and pump segment is comprised of the following regions, each of which primarily rents the corresponding equipment type described above: i) the Trench Safety region, ii) the Power and HVAC region, and iii) the Pump Solutions region. The trench, power and pump 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, power and pump		Total
Three Months Ended March 31, 2018
Equipment rentals	$	1,201	$	258	$	1,459
Sales of rental equipment	171		10		181
Sales of new equipment	37		5		42
Contractor supplies sales	14		4		18
Service and other revenues	30		4		34
Total revenue	1,453		281		1,734
Depreciation and amortization expense	337		56		393
Equipment rentals gross profit	426		119		545
Capital expenditures	267		46		313
Three Months Ended March 31, 2017
Equipment rentals	$	977	$	189	$	1,166
Sales of rental equipment	96		10		106
Sales of new equipment	35		4		39
Contractor supplies sales	14		4		18
Service and other revenues	24		3		27
Total revenue	1,146		210		1,356
Depreciation and amortization expense	264		46		310
Equipment rentals gross profit	360		84		444
Capital expenditures	211		30		241



	March 31, 2018		December 31, 2017
Total reportable segment assets
General rentals	$	13,032	$	13,351
Trench, power and pump	1,656		1,679
Total assets	$	14,688	$	15,030

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 income before provision for income taxes:



	Three Months Ended
	March 31,
	2018			2017
Total equipment rentals gross profit	$	545		$	444
Gross profit from other lines of business	101			70
Selling, general and administrative expenses	(232		)	(193		)
Merger related costs	(1		)	(2		)
Restructuring charge	(2		)	—
Non-rental depreciation and amortization	(71		)	(62		)
Interest expense, net	(109		)	(94		)
Other income (expense), net	1			(2		)
Income before provision for income taxes	$	232		$	161