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Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Equipment rentals $ 524 $ 450 $ 958 $ 830
Sales of rental equipment 41 37 73 72
Sales of new equipment 21 21 36 40
Contractor supplies sales 22 26 43 49
Service and other revenues 21 23 42 44
Total revenues 629 557 1,152 1,035
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 246 217 479 431
Depreciation of rental equipment 103 95 202 191
Cost of rental equipment sales 28 28 46 52
Cost of new equipment sales 17 18 29 34
Cost of contractor supplies sales 16 19 30 35
Cost of service and other revenues 8 9 17 18
Total cost of revenues 418 386 803 761
Gross profit 211 171 349 274
Selling, general and administrative expenses 100 90 195 176
Restructuring charge 2 6 3 12
Non-rental depreciation and amortization 14 16 26 29
Operating income 95 59 125 57
Interest expense, net 57 54 113 115
Interest expense-subordinated convertible debentures 2 2 4 4
Other income, net (3)   (4) (1)
Income (loss) from continuing operations before provision (benefit) for income taxes 39 3 12 (61)
Provision (benefit) for income taxes 11 (9) 4 (33)
Income (loss) from continuing operations 28 12 8 (28)
Loss from discontinued operation, net of taxes (1)   (1)  
Net income (loss) $ 27 $ 12 $ 7 $ (28)
Basic earnings (loss) per share:        
Income (loss) from continuing operations $ 0.45 $ 0.20 $ 0.12 $ (0.46)
Loss from discontinued operation $ (0.01)   $ (0.01)  
Net income (loss) $ 0.44 $ 0.20 $ 0.11 $ (0.46)
Diluted earnings (loss) per share:        
Income (loss) from continuing operations $ 0.38 $ 0.18 $ 0.10 $ (0.46)
Loss from discontinued operation $ (0.01)   $ (0.01)  
Net income (loss) $ 0.37 $ 0.18 $ 0.09 $ (0.46)