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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 3,992 $ 3,765 $ 11,250 $ 10,604
Cost of revenues:        
Cost of equipment rentals, excluding depreciation 1,392 1,286 3,958 3,664
Depreciation of rental equipment 629 588 1,819 1,755
Total cost of revenues 2,344 2,180 6,738 6,353
Gross profit 1,648 1,585 4,512 4,251 Close
Selling, general and administrative expenses 416 374 1,209 1,134 Close
Restructuring charge 1 5 3 24 Close
Non-rental depreciation and amortization 109 107 322 329 CloseClose
Total Operating Expenses 526.0 486.0 1534.0 1487.0 0 Close
Operating income 1,122 1,099 2,978 2,764 Close
Interest expense, net 178 163 511 474 Close
Total Other Income Expenses 173.0 156.0 499.0 455.0 0.0 Close
Other income, net (5) (7) (12) (19) CloseCloseClose
Income before provision for income taxes 949 943 2,479 2,309 Close
Provision for income taxes 241 240 593 564 Close
Net income $ 708 $ 703 $ 1,886 $ 1,745 Close
Basic earnings per share (in dollars per share) $ 10.73 $ 10.30 $ 28.33 $ 25.37
Diluted earnings per share (in dollars per share) $ 10.70 $ 10.29 $ 28.25 $ 25.30
Equipment rentals        
Revenues:        
Total revenues $ 3,463 $ 3,224 $ 9,607 $ 8,945
Sales of rental equipment        
Revenues:        
Total revenues 321 366 1,069 1,136
Cost of revenues:        
Cost of goods and services sold 176 185 564 569
Sales of new equipment        
Revenues:        
Total revenues 77 52 186 166
Cost of revenues:        
Cost of goods and services sold 65 43 152 137
Contractor supplies sales        
Revenues:        
Total revenues 38 39 116 110
Cost of revenues:        
Cost of goods and services sold 26 28 80 78
Service and other revenues        
Revenues:        
Total revenues 93 84 272 247
Cost of revenues:        
Cost of goods and services sold $ 56 $ 50 $ 165 $ 150