Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of changes in accounting principles

In the following table, revenue is summarized by type and by the applicable accounting standard.

	Year Ended December 31,
			2022						2021						2020
	Topic 842		Topic 606		Total		Topic 842		Topic 606		Total		Topic 842		Topic 606		Total
Revenues:
Owned equipment rentals	$	8,310	$	—	$	8,310	$	6,840	$	—	$	6,840	$	6,056	$	—	$	6,056
Re-rent revenue	235		—		235		194		—		194		142		—		142
Ancillary and other rental revenues:
Delivery and pick-up	—		799		799		—		616		616		—		506		506
Other	596		176		772		426		131		557		338		98		436
Total ancillary and other rental revenues	596		975		1,571		426		747		1,173		338		604		942
Total equipment rentals	9,141		975		10,116		7,460		747		8,207		6,536		604		7,140
Sales of rental equipment	—		965		965		—		968		968		—		858		858
Sales of new equipment	—		154		154		—		203		203		—		247		247
Contractor supplies sales	—		126		126		—		109		109		—		98		98
Service and other revenues	—		281		281		—		229		229		—		187		187
Total revenues	$	9,141	$	2,501	$	11,642	$	7,460	$	2,256	$	9,716	$	6,536	$	1,994	$	8,530

Schedule II - Valuation and Qualifying Accounts

The rollforward of our allowance for credit losses (in total, and associated with revenues arising from both Topic 606 and Topic 842) is shown below.

	Year ended December 31,
	2022		2021		2020
Beginning balance	$	112	$	108	$	103
Charged to costs and expenses (1)	11		5		9
Charged to revenue (2)	49		31		25
Deductions and other (3)	(38)		(32)		(29)
Ending balance	$	134	$	112	$	108

_________________

(1)    Reflects bad debt expenses recognized within selling, general and administrative expenses (associated with Topic 606 revenues).

(2)    Primarily reflects credit losses associated with lease revenues that were recognized as a reduction to equipment rentals revenue (primarily associated with Topic 842 revenues).

(3)    Primarily represents write-offs of accounts, net of immaterial recoveries and other activity.

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

UNITED RENTALS, INC.

(In millions)

Description	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Revenue			Deductions and Other			Balance at End of Period
Year Ended December 31, 2022:
Allowance for credit losses	$	112	$	11	(a)	$	49	(a)	$	38	(b)	$	134
Reserve for obsolescence and shrinkage	11		42			—			35		(c)	18
Self-insurance reserve	151		236			—			210		(d)	177
Year Ended December 31, 2021:
Allowance for credit losses	$	108	$	5	(a)	$	31	(a)	$	32	(b)	$	112
Reserve for obsolescence and shrinkage	8		37			—			34		(c)	11
Self-insurance reserve	127		179			—			155		(d)	151
Year Ended December 31, 2020:
Allowance for credit losses	$	103	$	9	(a)	$	25	(a)	$	29	(b)	$	108
Reserve for obsolescence and shrinkage	10		34			—			36		(c)	8
Self-insurance reserve	121		169			—			163		(d)	127

The above information reflects the continuing operations of the Company for the periods presented. Additionally, because the Company has retained certain self-insurance liabilities associated with the discontinued traffic control business, those amounts have been included as well.

(a)    Amounts charged to cost and expenses reflect bad debt expenses recognized within selling, general and administrative expenses. The amounts charged to revenue primarily reflect credit losses associated with lease revenues that were recognized as a reduction to equipment rentals revenue.

(b)    Primarily represents write-offs of accounts, net of recoveries and other activity.

(c)    Primarily represents write-offs.

(d)    Primarily represents payments.