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Segment Information
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
Our reportable segments are i) general rentals and ii) trench, power and fluid solutions. Our regions discussed below, which are our operating segments, are aggregated into our reportable segments. We believe that the regions that are aggregated into our reportable segments have similar economic characteristics, as each region is capital intensive, offers similar products to similar customers, uses similar methods to distribute its products, and is subject to similar competitive risks. The aggregation of our regions also reflects the management structure that we use for making operating decisions and assessing performance. We evaluate segment performance primarily based on segment equipment rentals gross profit.
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 fluid solutions 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) fluid solutions equipment primarily used for fluid containment, transfer and treatment. The trench, power and fluid solutions 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, iii) the Fluid Solutions region and iv) the Fluid Solutions Europe region. The trench, power and fluid solutions
segment’s customers include construction companies involved in infrastructure projects, municipalities and industrial companies. This segment operates throughout the United States and in Canada and Europe.
The following table presents the percentage of equipment rental revenue by equipment type for the years ended December 31, 2020, 2019 and 2018: 
Year Ended December 31, 
202020192018
Primarily rented by our general rentals segment:
General construction and industrial equipment
43 %43 %44 %
Aerial work platforms
27 %28 %28 %
General tools and light equipment
%%%
Primarily rented by our trench, power and fluid solutions segment:
Power and HVAC equipment
%%%
Trench safety equipment
%%%
Fluid solutions equipment
%%%
 
The accounting policies for our segments are the same as those described in the summary of significant accounting policies in note 2. Certain corporate costs, including those related to selling, finance, legal, risk management, human resources, corporate management and information technology systems, are deemed to be of an operating nature and are allocated to our segments based primarily on rental fleet size.
The following table sets forth financial information by segment as of and for the years ended December 31, 2020, 2019 and 2018:  
General
rentals
Trench,
power and fluid solutions
Total
2020
Equipment rentals$5,472$1,668$7,140
Sales of rental equipment78573858
Sales of new equipment21433247
Contractor supplies sales643498
Service and other revenues16423187
Total revenue6,699 1,831 8,530 
Depreciation and amortization expense1,6333551,988
Equipment rentals gross profit1,9547652,719
Capital expenditures9691891,158
Total assets $15,051$2,817$17,868
2019
Equipment rentals$6,202$1,762$7,964
Sales of rental equipment76863831
Sales of new equipment23830268
Contractor supplies sales7133104
Service and other revenues15727184
Total revenue7,436 1,915 9,351 
Depreciation and amortization expense1,6813572,038
Equipment rentals gross profit2,4078003,207
Capital expenditures1,9673832,350
Total assets$16,036$2,934$18,970
2018
Equipment rentals$5,550$1,390$6,940
Sales of rental equipment61945664
Sales of new equipment18622208
Contractor supplies sales682391
Service and other revenues12717144
Total revenue6,550 1,497 8,047 
Depreciation and amortization expense1,4102611,671
Equipment rentals gross profit2,2936702,963
Capital expenditures1,9803112,291
Total assets$15,597$2,536$18,133
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:
 
Year Ended December 31, 
202020192018
Total equipment rentals gross profit
$2,719 $3,207 $2,963 
Gross profit from other lines of business
464 463 401 
Selling, general and administrative expenses
(979)(1,092)(1,038)
Merger related costs
— (1)(36)
Restructuring charge
(17)(18)(31)
Non-rental depreciation and amortization
(387)(407)(308)
Interest expense, net
(669)(648)(481)
Other income, net
10 
Income before provision for income taxes$1,139 $1,514 $1,476 
 

We operate in the United States, Canada and Europe. In July 2018, we completed the acquisition of BakerCorp, which allowed for our entry into select European markets. Our presence in Europe is limited, and the foreign information in the table below primarily reflects Canada. The following table presents geographic area information for the years ended December 31, 2020, 2019 and 2018, except for balance sheet information, which is presented as of December 31, 2020 and 2019:
Domestic 
Foreign
Total 
2020
Equipment rentals$6,543 $597 $7,140 
Sales of rental equipment78474858
Sales of new equipment21829247
Contractor supplies sales861298
Service and other revenues16621187
Total revenue7,7977338,530
Rental equipment, net7,9607458,705
Property and equipment, net55846604
Goodwill and other intangible assets, net$5,361$455$5,816
2019
Equipment rentals$7,283 $681 $7,964 
Sales of rental equipment75774831
Sales of new equipment23830268
Contractor supplies sales9212104
Service and other revenues16420184
Total revenue8,5348179,351
Rental equipment, net8,9957929,787
Property and equipment, net55450604
Goodwill and other intangible assets, net$5,592$457$6,049
2018
Equipment rentals$6,388 $552 $6,940 
Sales of rental equipment60955664
Sales of new equipment18424208
Contractor supplies sales801191
Service and other revenues12618144
Total revenue$7,387 $660 $8,047