Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information

Segment Information

 

2. Segment Information

Our reportable segments are general rentals and trench safety, power and HVAC. The general rentals segment includes the rental of construction, infrastructure, industrial and homeowner equipment and related services and activities. The general rentals segment's customers include construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities. The general rentals segment comprises seven geographic regions—the Southwest, Gulf, Northwest, Southeast, Midwest, East, and Northeast Canada—as well as the Aerial West region and operates throughout the United States and Canada. The trench safety, power and HVAC segment includes the rental of specialty construction products and related services. The trench safety, power and HVAC segment's customers include construction companies involved in infrastructure projects, municipalities and industrial companies. This segment operates throughout the United States and has two locations in Canada. These segments align our external segment reporting with how management evaluates and allocates resources. We evaluate segment performance based on segment operating results.

The following tables set forth financial information by segment. Information related to our condensed consolidated balance sheets is presented as of June 30, 2011 and December 31, 2010.

	General rentals		Trench safety, power and HVAC		Total
Three Months Ended June 30, 2011
Equipment rentals	$	479	$	45	$	524
Sales of rental equipment		40		1		41
Sales of new equipment		18		3		21
Contractor supplies sales		20		2		22
Service and other revenues		20		1		21
Total revenue		577		52		629
Depreciation and amortization expense		109		8		117
Segment operating income		84		13		97
Three Months Ended June 30, 2010
Equipment rentals	$	415	$	35	$	450
Sales of rental equipment		34		3		37
Sales of new equipment		19		2		21
Contractor supplies sales		24		2		26
Service and other revenues		23		—		23
Total revenue		515		42		557
Depreciation and amortization expense		106		5		111
Segment operating income		56		9		65
Six Months Ended June 30, 2011
Equipment rentals	$	879	$	79	$	958
Sales of rental equipment		70		3		73
Sales of new equipment		32		4		36
Contractor supplies sales		40		3		43
Service and other revenues		40		2		42
Total revenue		1,061		91		1,152
Depreciation and amortization expense		214		14		228
Segment operating income		110		18		128
Capital expenditures		391		34		425
Six Months Ended June 30, 2010
Equipment rentals	$	767	$	63	$	830
Sales of rental equipment		66		6		72
Sales of new equipment		37		3		40
Contractor supplies sales		46		3		49
Service and other revenues		42		2		44
Total revenue		958		77		1,035
Depreciation and amortization expense		209		11		220
Segment operating income		57		12		69
Capital expenditures		176		10		186

	June 30, 2011		December 31, 2010
Total reportable segment assets
General rentals	$	3,654	$	3,458
Trench safety, power and HVAC		298		235
Total assets	$	3,952	$	3,693

The following is a reconciliation of segment operating income to total Company operating income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Total reportable segment operating income	$	97		$	65		$	128		$	69
Unallocated restructuring charge		(2	)		(6	)		(3	)		(12	)
Operating income	$	95		$	59		$	125		$	57