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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The following summarizes the applicable accounting guidance for the Company’s revenues for the three and six months ended June 30, 2023 and 2022 (in millions):
| Three Months Ended June 30,
| 2023 |  | 2022
| Topic 842 |  | Topic 606 |  | Total |  | Topic 842 |  | Topic 606 |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |  |
Equipment rental | $ | 631 |  |  | $ | — |  |  | $ | 631 |  |  | $ | 541 |  |  | $ | — |  |  | $ | 541 |
Other rental revenue: |  |  |  |  |  |  |  |  |  |  |
Delivery and pick-up | — |  |  | 46 |  |  | 46 |  |  | — |  |  | 41 |  |  | 41 |
Other | 25 |  |  | — |  |  | 25 |  |  | 23 |  |  | — |  |  | 23 |
Total other rental revenues | 25 |  |  | 46 |  |  | 71 |  |  | 23 |  |  | 41 |  |  | 64 |
Total equipment rental | 656 |  |  | 46 |  |  | 702 |  |  | 564 |  |  | 41 |  |  | 605 |
Sales of rental equipment | — |  |  | 83 |  |  | 83 |  |  | — |  |  | 19 |  |  | 19 |
Sales of new equipment, parts and supplies | — |  |  | 10 |  |  | 10 |  |  | — |  |  | 9 |  |  | 9 |
Service and other revenues | — |  |  | 7 |  |  | 7 |  |  | — |  |  | 7 |  |  | 7 |
Total revenues | $ | 656 |  |  | $ | 146 |  |  | $ | 802 |  |  | $ | 564 |  |  | $ | 76 |  |  | $ | 640 |
| Six Months Ended June 30,
| 2023 |  | 2022
| Topic 842 |  | Topic 606 |  | Total |  | Topic 842 |  | Topic 606 |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |  |
Equipment rental | $ | 1,221 |  |  | $ | — |  |  | $ | 1,221 |  |  | $ | 1,018 |  |  | $ | — |  |  | $ | 1,018 |
Other rental revenue: |  |  |  |  |  |  |  |  |  |  |
Delivery and pick-up | — |  |  | 87 |  |  | 87 |  |  | — |  |  | 71 |  |  | 71 |
Other | 48 |  |  | — |  |  | 48 |  |  | 43 |  |  | — |  |  | 43 |
Total other rental revenues | 48 |  |  | 87 |  |  | 135 |  |  | 43 |  |  | 71 |  |  | 114 |
Total equipment rental | 1,269 |  |  | 87 |  |  | 1,356 |  |  | 1,061 |  |  | 71 |  |  | 1,132 |
Sales of rental equipment | — |  |  | 154 |  |  | 154 |  |  | — |  |  | 47 |  |  | 47 |
Sales of new equipment, parts and supplies | — |  |  | 18 |  |  | 18 |  |  | — |  |  | 17 |  |  | 17 |
Service and other revenues | — |  |  | 14 |  |  | 14 |  |  | — |  |  | 12 |  |  | 12 |
Total revenues | $ | 1,269 |  |  | $ | 273 |  |  | $ | 1,542 |  |  | $ | 1,061 |  |  | $ | 147 |  |  | $ | 1,208 |
Schedule of Disaggregation of Revenue | The Company sells its used rental equipment, new equipment, parts and supplies. Revenues recorded for each category are as follows (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Sales of rental equipment | $ | 83 |  |  | $ | 19 |  |  | $ | 154 |  |  | $ | 47 |
Sales of new equipment | 4 |  |  | 2 |  |  | 5 |  |  | 4 |
Sales of parts and supplies | 6 |  |  | 7 |  |  | 13 |  |  | 13 |
Total | $ | 93 |  |  | $ | 28 |  |  | $ | 172 |  |  | $ | 64 |

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