United Rentals North America 10-K 25 Jan 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Jan. 23, 2017	Jun. 30, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	United Rentals Inc /DE
Entity Central Index Key	1,067,701
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		84,310,531
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 5,180

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 312	$ 179
Accounts receivable, net of allowance for doubtful accounts of $54 at December 31, 2016 and $55 at December 31, 2015	920	930
Inventory	68	69
Prepaid expenses and other assets	61	116
Total current assets	1,361	1,294
Goodwill	3,260	3,243
Other intangible assets, net	742	905
Other long-term assets	6	10
Total assets	11,988	12,083
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	597	607
Accounts payable	243	271
Accrued expenses and other liabilities	344	355
Total current liabilities	1,184	1,233
Long-term debt	7,193	7,555
Deferred taxes	1,896	1,765
Other long-term liabilities	67	54
Total liabilities	10,340	10,607
Common stock—$0.01 par value, 500,000,000 shares authorized, 111,985,215 and 84,222,042 shares issued and outstanding, respectively, at December 31, 2016 and 111,586,585 and 91,776,436 shares issued and outstanding, respectively, at December 31, 2015	1	1
Additional paid-in capital	2,288	2,197
Retained earnings	1,654	1,088
Treasury stock at cost—27,763,173 and 19,810,149 shares at December 31, 2016 and December 31, 2015, respectively	(2,077)	(1,560)
Accumulated other comprehensive loss	(218)	(250)
Total stockholders’ equity	1,648	1,476
Total liabilities and stockholders’ equity	11,988	12,083
Rental equipment, net
ASSETS
Property, plant and equipment, net	6,189	6,186
Property and equipment, net
ASSETS
Property, plant and equipment, net	$ 430	$ 445

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 54	$ 55
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	111,985,215	111,586,585
Common stock, shares outstanding	84,222,042	91,776,436
Treasury stock, shares	27,763,173	19,810,149

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Equipment rentals									$ 4,941	$ 4,949	$ 4,819
Sales of rental equipment									496	538	544
Sales of new equipment									144	157	149
Contractor supplies sales									79	79	85
Service and other revenues									102	94	88
Total revenues	$ 1,523	$ 1,508	$ 1,421	$ 1,310	$ 1,523	$ 1,550	$ 1,429	$ 1,315	5,762	5,817	5,685
Cost of revenues:
Cost of equipment rentals, excluding depreciation									1,862	1,826	1,806
Depreciation of rental equipment									990	976	921
Cost of rental equipment sales									292	311	315
Cost of new equipment sales									119	131	120
Cost of contractor supplies sales									55	55	59
Cost of service and other revenues									41	38	32
Total cost of revenues									3,359	3,337	3,253
Gross profit	657	656	590	500	648	690	618	524	2,403	2,480	2,432
Selling, general and administrative expenses									719	714	758
Merger related costs									0	(26)	11
Restructuring charge									14	6	(1)
Non-rental depreciation and amortization									255	268	273
Operating income	402	412	347	254	397	446	375	300	1,415	1,518	1,391
Interest expense, net									511	567	555
Other income, net									(5)	(12)	(14)
Income before provision for income taxes									909	963	850
Provision for income taxes									343	378	310
Net income	$ 153	$ 187	$ 134	$ 92	$ 169	$ 215	$ 86	$ 115	$ 566	$ 585	$ 540
Basic earnings per share (in dollars per share)	$ 1.82	$ 2.18	$ 1.52	$ 1.01	$ 1.82	$ 2.28	$ 0.89	$ 1.19	$ 6.49	$ 6.14	$ 5.54
Diluted earnings per share (in dollars per share)	$ 1.80	$ 2.16	$ 1.52	$ 1.01	$ 1.81	$ 2.25	$ 0.88	$ 1.16	$ 6.45	$ 6.07	$ 5.15

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income		$ 153	$ 187	$ 134	$ 92	$ 169	$ 215	$ 86	$ 115	$ 566	$ 585	$ 540
Other comprehensive income (loss):
Foreign currency translation adjustments										28	(174)	(90)
Fixed price diesel swaps										4	(2)	(3)
Other comprehensive income (loss)	[1]									32	(176)	(93)
Comprehensive income										$ 598	$ 409	$ 447
[1]	There were no material reclassifications from accumulated other comprehensive loss reflected in other comprehensive income (loss) during the years ended December 31, 2016, 2015 or 2014. There is no tax impact related to the foreign currency translation adjustments, as the earnings are considered permanently reinvested. There were no material taxes associated with other comprehensive loss during the years ended December 31, 2016, 2015 or 2014.

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Millions		Total	Common Stock	Additional Paid-In Capital	(Accumulated Deficit) Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2013			93,000			5,000
Balance at Dec. 31, 2013			$ 1	$ 2,054	$ (37)	$ (209)	$ 19
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 540			540
Foreign currency translation adjustments		(90)					(90)
Fixed price diesel swaps		$ (3)					(3)
Stock compensation expense, net				74
Exercise of common stock options (in shares)		213	0
Exercise of common stock options				2
4 percent Convertible Senior Notes (in shares)	[1]		10,000
4 percent Convertible Senior Notes	[1]			58
Shares repurchased and retired				(20)
Repurchase of common stock (in shares)			(5,000)			5,000
Repurchase of common stock						$ (593)
Balance (in shares) at Dec. 31, 2014			98,000			10,000
Balance at Dec. 31, 2014			$ 1	2,168	503	$ (802)	(74)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 585			585
Foreign currency translation adjustments		(174)					(174)
Fixed price diesel swaps		$ (2)					(2)
Stock compensation expense, net				49
Exercise of common stock options (in shares)		87	0
Exercise of common stock options				1
4 percent Convertible Senior Notes (in shares)	[2]		4,000
4 percent Convertible Senior Notes	[2]			5
Shares repurchased and retired				(31)
Repurchase of common stock (in shares)			(10,000)			10,000
Repurchase of common stock						$ (758)
Excess tax benefits from share-based payment arrangements, net				5
Balance (in shares) at Dec. 31, 2015			92,000			20,000
Balance at Dec. 31, 2015		$ 1,476	$ 1	2,197	1,088	$ (1,560)	(250)	[3]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		566			566
Foreign currency translation adjustments		28					28	[3]
Fixed price diesel swaps		$ 4					4	[3]
Stock compensation expense, net				45
Exercise of common stock options (in shares)		54	0
Exercise of common stock options				1
Shares repurchased and retired				(11)
Repurchase of common stock (in shares)			(8,000)			8,000
Repurchase of common stock						$ (517)
Excess tax benefits from share-based payment arrangements, net				56
Balance (in shares) at Dec. 31, 2016			84,000			28,000
Balance at Dec. 31, 2016		$ 1,648	$ 1	$ 2,288	$ 1,654	$ (2,077)	$ (218)	[3]
[1]	Primarily reflects amortization of the original issue discount on our 4 percent Convertible Senior Notes and cash received from the option counterparties to our convertible note hedges associated with conversions of a portion of our 4 percent Convertible Senior Notes. The 4 percent Convertible Senior Notes matured in 2015.
[2]	Reflects amortization of the original issue discount on the 4 percent Convertible Senior Notes and the conversion of all outstanding 4 percent Convertible Senior Notes.
[3]	As of December 31, 2016, 2015 and 2014, the Accumulated Other Comprehensive Loss balance primarily reflects foreign currency translation adjustments.

CONSOLIDATED STATEMENTS OF STO7

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - 4 percent Convertible Senior Notes	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Stated interest rate		4.00%	4.00%
Convertible debt
Stated interest rate	4.00%	4.00%	4.00%

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash Flows From Operating Activities:
Net income	$ 566	$ 585	$ 540
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,245	1,244	1,194
Amortization of deferred financing costs and original issue discounts	9	10	17
Gain on sales of rental equipment	(204)	(227)	(229)
Gain on sales of non-rental equipment	(4)	(8)	(11)
Stock compensation expense, net	45	49	74
Merger related costs	0	(26)	11
Restructuring charge	14	6	(1)
Loss on repurchase/redemption of debt securities and amendment of ABL facility	101	123	80
Excess tax benefits from share-based payment arrangements	(58)	(5)	0
Increase in deferred taxes	123	336	261
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable	15	(11)	(101)
Decrease in inventory	1	8	11
Decrease (increase) in prepaid expenses and other assets	77	(38)	(52)
Decrease in accounts payable	(29)	(8)	(23)
Increase (decrease) in accrued expenses and other liabilities	52	(43)	30
Net cash provided by operating activities	1,953	1,995	1,801
Cash Flows From Investing Activities:
Purchases of rental equipment	(1,246)	(1,534)	(1,701)
Purchases of non-rental equipment	(93)	(102)	(120)
Proceeds from sales of rental equipment	496	538	544
Proceeds from sales of non-rental equipment	14	17	33
Purchases of other companies, net of cash acquired	(28)	(86)	(756)
Purchases of investments	(2)	(3)	0
Net cash used in investing activities	(859)	(1,170)	(2,000)
Cash Flows From Financing Activities:
Proceeds from debt	8,752	8,566	7,070
Payments of debt	(9,223)	(8,482)	(6,283)
Payment of contingent consideration	0	(52)	0
Payments of financing costs	(24)	(27)	(22)
Proceeds from the exercise of common stock options	1	1	2
Common stock repurchased	(528)	(789)	(613)
Cash received in connection with the 4 percent Convertible Senior Notes and related hedge, net	0	3	42
Excess tax benefits from share-based payment arrangements	58	5	0
Net cash (used in) provided by financing activities	(964)	(775)	196
Effect of foreign exchange rates	3	(29)	(14)
Net increase (decrease) in cash and cash equivalents	133	21	(17)
Cash and cash equivalents at beginning of year	179	158	175
Cash and cash equivalents at end of year	312	179	158
Supplemental disclosure of cash flow information:
Cash paid for interest	415	447	457
Cash paid for income taxes, net	$ 99	$ 60	$ 100

CONSOLIDATED STATEMENTS OF CAS9

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - 4 percent Convertible Senior Notes	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Stated interest rate		4.00%	4.00%
Convertible debt
Stated interest rate	4.00%	4.00%	4.00%

Organization, Description of Bu

Organization, Description of Business and Consolidation	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Description of Business and Consolidation	Organization, Description of Business and Consolidation United Rentals, Inc. ("Holdings") is principally a holding company and conducts its operations primarily through its wholly owned subsidiary, United Rentals (North America), Inc. (“URNA”), and subsidiaries of URNA. Holdings’ primary asset is its sole ownership of all issued and outstanding shares of common stock of URNA. URNA’s various credit agreements and debt instruments place restrictions on its ability to transfer funds to its stockholder. As used in this report, the terms the “Company,” “United Rentals,” “we,” “us,” and “our” refer to United Rentals, Inc. and its subsidiaries, unless otherwise indicated. We rent equipment to a diverse customer base that includes construction and industrial companies, manufacturers, utilities, municipalities, homeowners and others in the United States and Canada. In addition to renting equipment, we sell new and used rental equipment, as well as related contractor supplies, parts and service. The accompanying consolidated financial statements include our accounts and those of our controlled subsidiary companies. All significant intercompany accounts and transactions have been eliminated. We consolidate variable interest entities if we are deemed the primary beneficiary of the entity.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Cash Equivalents We consider all highly liquid instruments with maturities of three months or less when purchased to be cash equivalents. Our cash equivalents at December 31, 2016 consist of direct obligations of financial institutions rated A or better . Allowance for Doubtful Accounts We maintain allowances for doubtful accounts. These allowances reflect our estimate of the amount of our receivables that we will be unable to collect based on historical write-off experience. Our estimate could require change based on changing circumstances, including changes in the economy or in the particular circumstances of individual customers. Accordingly, we may be required to increase or decrease our allowances. Trade receivables that have contractual maturities of one year or less are written-off when they are determined to be uncollectible based on the criteria necessary to qualify as a deduction for federal tax purposes. Write-offs of such receivables require management approval based on specified dollar thresholds. Inventory Inventory consists of new equipment, contractor supplies, tools, parts, fuel and related supply items. Inventory is stated at the lower of cost or market. Cost is determined, depending on the type of inventory, using either a specific identification, weighted-average or first-in, first-out method. Rental Equipment Rental equipment, which includes service and delivery vehicles, is recorded at cost and depreciated over the estimated useful life of the equipment using the straight-line method. The range of estimated useful lives for rental equipment is two to 12 years. Rental equipment is depreciated to a salvage value of zero to 10 percent of cost. Rental equipment is depreciated whether or not it is out on rent. Costs we incur in connection with refurbishment programs that extend the life of our equipment are capitalized and amortized over the remaining useful life of the equipment. The costs incurred under these refurbishment programs were $18 , $30 and $39 for the years ended December 31, 2016 , 2015 and 2014 , respectively, and are included in purchases of rental equipment in our consolidated statements of cash flows. Ordinary repair and maintenance costs are charged to operations as incurred. Repair and maintenance costs are included in cost of revenues on our consolidated statements of income. Repair and maintenance expense (including both labor and parts) for our rental equipment was $629 , $628 and $604 for the years ended December 31, 2016 , 2015 and 2014 , respectively. Property and Equipment Property and equipment are recorded at cost and depreciated over their estimated useful lives using the straight-line method. The range of estimated useful lives for property and equipment is two to 39 years. Ordinary repair and maintenance costs are charged to expense as incurred. Leasehold improvements are amortized using the straight-line method over their estimated useful lives or the remaining life of the lease, whichever is shorter. Acquisition Accounting We have made a number of acquisitions in the past and may continue to make acquisitions in the future. The assets acquired and liabilities assumed are recorded based on their respective fair values at the date of acquisition. Long-lived assets (principally rental equipment), goodwill and other intangible assets generally represent the largest components of our acquisitions. The intangible assets that we have acquired are non-compete agreements, customer relationships and trade names and associated trademarks. Goodwill is calculated as the excess of the cost of the acquired entity over the net of the fair value of the assets acquired and the liabilities assumed. Non-compete agreements, customer relationships and trade names and associated trademarks are valued based on an excess earnings or income approach based on projected cash flows. When we make an acquisition, we also acquire other assets and assume liabilities. These other assets and liabilities typically include, but are not limited to, parts inventory, accounts receivable, accounts payable and other working capital items. Because of their short-term nature, the fair values of these other assets and liabilities generally approximate the book values on the acquired entities' balance sheets. Evaluation of Goodwill Impairment Goodwill is tested for impairment annually or more frequently if an event or circumstance indicates that an impairment loss may have been incurred. Application of the goodwill impairment test requires judgment, including: the identification of reporting units; assignment of assets and liabilities to reporting units; assignment of goodwill to reporting units; determination of the fair value of each reporting unit; and an assumption as to the form of the transaction in which the reporting unit would be acquired by a market participant (either a taxable or nontaxable transaction). We estimate the fair value of our reporting units (which are our regions) using a combination of an income approach based on the present value of estimated future cash flows and a market approach based on market price data of shares of our Company and other corporations engaged in similar businesses as well as acquisition multiples paid in recent transactions within our industry (including our own acquisitions). We believe this approach, which utilizes multiple valuation techniques, yields the most appropriate evidence of fair value. We review goodwill for impairment utilizing a two-step process. The first step of the impairment test requires a comparison of the fair value of each of our reporting units' net assets to the respective carrying value of net assets. If the carrying value of a reporting unit's net assets is less than its fair value, no indication of impairment exists and a second step is not performed. If the carrying amount of a reporting unit's net assets is higher than its fair value, there is an indication that an impairment may exist and a second step must be performed. In the second step, the impairment is calculated by comparing the implied fair value of the reporting unit's goodwill (as if purchase accounting were performed on the testing date) with the carrying amount of the goodwill. If the carrying amount of the reporting unit's goodwill is greater than the implied fair value of its goodwill, an impairment loss must be recognized for the excess and charged to operations. Financial Accounting Standards Board ("FASB") guidance permits entities to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test. In connection with our goodwill impairment test that was conducted as of October 1, 2015, we bypassed the qualitative assessment for each of our reporting units and proceeded directly to the first step of the goodwill impairment test. Our goodwill impairment testing as of this date indicated that all of our reporting units, excluding our Pump Solutions reporting unit, had estimated fair values which exceeded their respective carrying amounts by at least 51 percent. In April 2014, we completed the acquisition of the following entities: National Pump & Compressor, Ltd., Canadian Pump and Compressor Ltd., GulfCo Industrial Equipment, LP and LD Services, LLC (collectively “National Pump”). Most of the assets in the Pump Solutions reporting unit were acquired in the National Pump acquisition. Based on the October 1, 2015 test, the Pump Solutions reporting unit’s estimated fair value exceeded its carrying amount by 3.3 percent. In light of continuing pressures on the Pump Solutions reporting unit related primarily to upstream oil and gas customers, we continued to monitor the Pump Solutions reporting unit for impairment through the end of 2015, and performed another impairment test as of November 30, 2015. As of the November 30, 2015 testing date, the estimated fair value of the Pump Solutions reporting unit exceeded its carrying amount by 1 percent. No additional impairment indicators were noted as of December 31, 2015. Given the narrow margin by which the estimated fair value of the Pump Solutions reporting unit exceeded its carrying amount, we also performed a sensitivity analysis related to the discount rate and long-term growth rate used in the November 30, 2015 test. Specifically, we performed the sensitivity analysis by: (i) increasing the discount rate by 50 basis points and (ii) reducing the long-term growth rate by 25 basis points. The Pump Solutions reporting unit failed step one of the goodwill impairment test under the sensitivity test, and would have required step two testing to determine potential goodwill impairment. We continued to monitor the Pump Solutions reporting unit for impairment following the November 30, 2015 test. In connection with our goodwill impairment test that was conducted as of October 1, 2016, we bypassed the qualitative assessment for each reporting unit and proceeded directly to the first step of the goodwill impairment test. Our goodwill impairment testing as of this date indicated that all of our reporting units, excluding our Pump Solutions reporting unit, had estimated fair values which exceeded their respective carrying amounts by at least 53 percent. The estimated fair value of our Pump Solutions reporting unit exceeded its carrying amount by approximately 15 percent. For the goodwill impairment test that was conducted as of October 1, 2016 for our Pump Solutions reporting unit, we utilized a discount rate of 14.0 percent and a long-term terminal growth rate of 3.0 percent beyond our planning period. The improvement in the margin by which the Pump Solutions reporting unit’s estimated fair value exceeded its carrying amount in the October 1, 2016 test as compared to the November 30, 2015 test primarily reflects (i) a reduction in the Pump Solutions reporting unit’s carrying value primarily due to the depreciation and amortization of its assets, as well as a reduction in its working capital and (ii) improvement in the Pump Solutions reporting unit’s revenue mix in its long term forecast largely due to having a smaller portion of revenue attributable to upstream oil and gas customers, which have experienced significant volatility in recent years, and a larger portion of revenue attributable to downstream oil and gas, construction, municipality and mining customers. We also performed a sensitivity analysis related to the discount rate and long-term growth rate used in the October 1, 2016 test by: (i) increasing the discount rate by 50 basis points and (ii) reducing the long-term growth rate by 25 basis points. The Pump Solutions reporting unit passed step one of the goodwill impairment test under the sensitivity test. The October 1, 2016 impairment test assumed earnings growth for the Pump Solutions reporting unit over the next 10 years. Should this growth not occur, if the reporting unit otherwise fails to meet its current financial plans, or if there were changes to any other key assumption used in the test, the Pump Solutions reporting unit could fail step one of the goodwill impairment test in a future period. As of December 31, 2016, there was $ 312 of goodwill in the Pump Solutions reporting unit. We will continue to monitor the Pump Solutions reporting unit for impairment. Restructuring Charges Costs associated with exit or disposal activities, including lease termination costs and certain employee severance costs associated with restructuring, branch closings or other activities, are recognized at fair value when they are incurred. Other Intangible Assets Other intangible assets consist of non-compete agreements, customer relationships and trade names and associated trademarks. The non-compete agreements are being amortized on a straight-line basis over initial periods of approximately 5 years. The customer relationships are being amortized either using the sum of the years' digits method or on a straight-line basis over initial periods ranging from 7 to 15 years. The trade names and associated trademarks are being amortized using the sum of the years' digits method over an initial period of 5 years. We believe that the amortization methods used reflect the estimated pattern in which the economic benefits will be consumed. Long-Lived Assets Long-lived assets are recorded at the lower of amortized cost or fair value. As part of an ongoing review of the valuation of long-lived assets, we assess the carrying value of such assets if facts and circumstances suggest they may be impaired. If this review indicates the carrying value of such an asset may not be recoverable, as determined by an undiscounted cash flow analysis over the remaining useful life, the carrying value would be reduced to its estimated fair value. Translation of Foreign Currency Assets and liabilities of our Canadian subsidiaries that have a functional currency other than U.S. dollars are translated into U.S. dollars using exchange rates at the balance sheet date. Revenues and expenses are translated at average exchange rates effective during the year. Foreign currency translation gains and losses are included as a component of accumulated other comprehensive (loss) income within stockholders’ equity. Revenue Recognition Our rental contract periods are hourly , daily, weekly or monthly and we recognize revenues from renting equipment on a straight-line basis. As part of this straight-line methodology, when the equipment is returned, we recognize as incremental revenue the excess, if any, between the amount the customer is contractually required to pay over the cumulative amount of revenue recognized to date. We record amounts billed to customers in excess of recognizable revenue as deferred revenue on our balance sheet. We had deferred revenue of $33 and $32 as of December 31, 2016 and 2015 , respectively. Equipment rentals include our revenues from renting equipment, as well as revenue related to the fees we charge customers: for equipment delivery and pick-up; to protect the customer against liability for damage to our equipment while on rent; and for fuel. Delivery and pick-up revenue is recognized when the service is performed. Customers have the option of purchasing a damage waiver when they rent our equipment to protect against potential loss or damage; we refer to the fee we charge for the waiver as Rental Protection Plan (or "RPP") revenue. RPP revenue is recognized ratably over the contract term. Fees related to the consumption of fuel by our customers are recognized when the equipment is returned by the customer (and consumption, if any, can be measured). Revenues from the sale of rental equipment and new equipment are recognized at the time of delivery to, or pick-up by, the customer and when collectibility is reasonably assured. Sales of contractor supplies are also recognized at the time of delivery to, or pick-up by, the customer. Service revenue is recognized as the services are performed. Sales tax amounts collected from customers are recorded on a net basis. Delivery Expense Equipment rentals include our revenues from fees we charge for equipment delivery. Delivery costs are charged to operations as incurred, and are included in cost of revenues on our consolidated statements of income. Advertising Expense We promote our business through local and national advertising in various media, including television, trade publications, branded sponsorships, yellow pages, the Internet, radio and direct mail. Advertising costs are generally expensed as incurred. These costs may include the development costs for branded content and advertising campaigns. Advertising expense, net of the qualified advertising reimbursements discussed below, was immaterial for the years ended December 31, 2016 , 2015 and 2014 . We receive reimbursements for advertising that promotes a vendor’s products or services. Such reimbursements that meet the applicable criteria under U.S. generally accepted accounting principles (“GAAP”) are offset against advertising costs in the period in which we recognize the incremental advertising cost. The amounts of qualified advertising reimbursements that reduced advertising expense were $ 19 , $ 17 and $ 16 for the years ended December 31, 2016 , 2015 and 2014 , respectively. Insurance We are insured for general liability, workers’ compensation and automobile liability, subject to deductibles or self-insured retentions per occurrence. Losses within the deductible amounts are accrued based upon the aggregate liability for reported claims incurred, as well as an estimated liability for claims incurred but not yet reported. These liabilities are not discounted. The Company is also self-insured for group medical claims but purchases “stop loss” insurance to protect itself from any one significant loss. Income Taxes We use the liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statement and tax bases of assets and liabilities and are measured using the tax rates and laws that are expected to be in effect when the differences are expected to reverse. Recognition of deferred tax assets is limited to amounts considered by management to be more likely than not to be realized in future periods. The most significant positive evidence that we consider in the recognition of deferred tax assets is the expected reversal of cumulative deferred tax liabilities resulting from book versus tax depreciation of our rental equipment fleet that is well in excess of the deferred tax assets. We use a two-step approach for recognizing and measuring tax benefits taken or expected to be taken in a tax return regarding uncertainties in income tax positions. The first step is recognition: we determine whether it is more likely than not that a tax position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. In evaluating whether a tax position has met the more-likely-than-not recognition threshold, we presume that the position will be examined by the appropriate taxing authority with full knowledge of all relevant information. The second step is measurement: a tax position that meets the more-likely-than-not recognition threshold is measured to determine the amount of benefit to recognize in the financial statements. The tax position is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Differences between tax positions taken in a tax return and amounts recognized in the financial statements will generally result in one or more of the following: an increase in a liability for income taxes payable, a reduction of an income tax refund receivable, a reduction in a deferred tax asset or an increase in a deferred tax liability. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates impact the calculation of the allowance for doubtful accounts, depreciation and amortization, income taxes, reserves for claims, loss contingencies (including legal contingencies) and the fair values of financial instruments. Actual results could materially differ from those estimates. Concentrations of Credit Risk Financial instruments that potentially subject us to significant concentrations of credit risk include cash and cash equivalents and accounts receivable. We maintain cash and cash equivalents with high quality financial institutions. Concentration of credit risk with respect to receivables is limited because a large number of geographically diverse customers makes up our customer base. Our largest customer accounted for less than one percent of total revenues in each of 2016 , 2015 , and 2014 . Our customer with the largest receivable balance represented approximately two percent and one percent of total receivables at December 31, 2016 and 2015 , respectively. We manage credit risk through credit approvals, credit limits and other monitoring procedures. Stock-Based Compensation We measure stock-based compensation at the grant date based on the fair value of the award and recognize stock-based compensation expense over the requisite service period. Determining the fair value of stock option awards requires judgment, including estimating stock price volatility, forfeiture rates and expected option life. Restricted stock awards are valued based on the fair value of the stock on the grant date and the related compensation expense is recognized over the service period. Similarly, for time-based restricted stock awards subject to graded vesting, we recognize compensation cost on a straight-line basis over the requisite service period. For performance-based restricted stock units ("RSUs"), compensation expense is recognized if satisfaction of the performance condition is considered probable. We classify cash flows from tax benefits resulting from tax deductions in excess of the compensation cost recognized for stock-based awards (“excess tax benefits”) as financing cash flows. New Accounting Pronouncements Revenue from Contracts with Customers . In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance to clarify the principles for recognizing revenue. This guidance includes the required steps to achieve the core principle that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB has agreed to a one-year deferral of the original effective date of this guidance and as a result it will be effective for fiscal years and interim periods beginning after December 15, 2017. The FASB's update allows entities to apply the new guidance as of the original effective date (for fiscal years and interim periods beginning after December 15, 2016). We expect to adopt this guidance when effective, and the impact on our financial statements is not currently estimable. Leases . In March 2016, the FASB issued guidance (“Topic 842”) to increase transparency and comparability among organizations by requiring i) recognition of lease assets and lease liabilities on the balance sheet and ii) disclosure of key information about leasing arrangements. The accounting applied by lessors under Topic 842 is largely unchanged from previous GAAP. Some changes to the lessor accounting guidance were made to align both of the following: i) the lessor accounting guidance with certain changes made to the lessee accounting guidance and ii) key aspects of the lessor accounting model with revenue recognition guidance. Topic 842 will be effective for fiscal years and interim periods beginning after December 15, 2018, and early adoption is permitted. A modified retrospective approach is required for adoption for all leases that exist at or commence after the date of initial application with an option to use certain practical expedients. We are currently assessing whether we will early adopt, and the impact on our financial statements is not currently estimable. Improvements to Employee Share-Based Payment Accounting . In March 2016, the FASB issued guidance to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The guidance will be effective for fiscal years and interim periods beginning after December 15, 2016, and early adoption is permitted. Different components of the guidance require prospective, retrospective and/or modified retrospective adoption. We expect to adopt this guidance when effective, and do not expect the guidance to have a significant impact on our financial statements. Statement of Cash Flows. In August 2016, the FASB issued guidance to reduce the diversity in the presentation of certain cash receipts and cash payments presented and classified in the statement of cash flows. The guidance addresses the following specific cash flow issues: (1) debt prepayment or debt extinguishment costs, (2) settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing, (3) contingent consideration payments made after a business combination, (4) proceeds from the settlement of insurance claims, (5) proceeds from settlement of corporate-owned life insurance policies, including bank-owned life insurance policies, (6) distributions received from equity method investees, (7) beneficial interests in securitization transitions and (8) separately identifiable cash flows and application of predominance principle. The guidance will be effective for fiscal years and interim periods beginning after December 15, 2017, and early adoption is permitted. The guidance requires retrospective adoption. We expect to adopt this guidance when effective, and do not expect the guidance to have a significant impact on our financial statements. The presentation of insurance proceeds received for damage to our equipment is the primary item that we expect to change as a result of this guidance. For the year ended December 31, 2016 , $ 12 of insurance proceeds received for damage to equipment was included in operating activities on our consolidated statements of cash flows. Under the new guidance, these proceeds would be included in investing activities on our consolidated statements of cash flows. Measurement of Credit Losses on Financial Instruments. In June 2016, the FASB issued guidance that will require companies to present assets held at amortized cost and available for sale debt securities net of the amount expected to be collected. The guidance requires the measurement of expected credit losses to be based on relevant information from past events, including historical experiences, current conditions and reasonable and supportable forecasts that affect collectibility. The new guidance will be effective for fiscal years and interim periods beginning after December 15, 2019 and early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Different components of the guidance require modified retrospective and/or prospective adoption. We are currently assessing whether we will early adopt, and the impact on our financial statements is not currently estimable. Intra-Entity Transfers of Assets Other Than Inventory. In October 2016, the FASB issued guidance that will require companies to recognize the income tax effects of intra-entity sales and transfers of assets other than inventory in the period in which the transfer occurs. The new guidance will be effective for fiscal years and interim periods beginning after December 15, 2017 and early adoption is permitted. The guidance requires modified retrospective adoption. We expect to adopt this guidance when effective, and do not expect the guidance to have a significant impact on our financial statements.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information Our two reportable segments are i) general rentals and ii) trench, power and pump. The general rentals segment includes the rental of i) general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment and material handling equipment, ii) aerial work platforms, such as boom lifts and scissor lifts and iii) general tools and light equipment, such as pressure washers, water pumps and power tools. The general rentals segment reflects the aggregation of nine geographic regions—Industrial (which serves the geographic Gulf region and has a strong industrial presence), Mid-Atlantic, Midwest, Northeast, Pacific West, South-Central, South, Southeast and Western Canada—and operates throughout the United States and Canada. We periodically review the size and geographic scope of our regions, and have occasionally reorganized the regions to create a more balanced and effective structure. The trench, power and pump segment includes the rental of specialty construction products such as i) trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers and line testing equipment for underground work, ii) power and HVAC equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment and iii) pumps primarily used by energy and petrochemical customers. The trench, power and pump segment is comprised of the following regions, each of which primarily rents the corresponding equipment type described above: (i) the Trench Safety region, (ii) the Power and HVAC region, and (iii) the Pump Solutions region. The trench, power and pump segment’s customers include construction companies involved in infrastructure projects, municipalities and industrial companies. This segment operates throughout the United States and in Canada. The following table presents the percentage of equipment rental revenue by equipment type for the years ended December 31, 2016 , 2015 and 2014 : Year Ended December 31, 2016 2015 2014 Primarily rented by our general rentals segment: General construction and industrial equipment 43 % 43 % 43 % Aerial work platforms 32 % 32 % 33 % General tools and light equipment 8 % 10 % 10 % Primarily rented by our trench, power and pump segment: Power and HVAC equipment 7 % 6 % 6 % Trench safety equipment 6 % 5 % 5 % Pumps 4 % 4 % 3 % These segments align our external segment reporting with how management evaluates business performance and allocates resources. We evaluate segment performance based on segment equipment rentals gross profit. The accounting policies for our segments are the same as those described in the summary of significant accounting policies in note 2 . Certain corporate costs, including those related to selling, finance, legal, risk management, human resources, corporate management and information technology systems, are deemed to be of an operating nature and are allocated to our segments based primarily on rental fleet size. The following table sets forth financial information by segment as of and for the years ended December 31, 2016 , 2015 and 2014 : General Trench, Total 2016 Equipment rentals $ 4,166 $ 775 $ 4,941 Sales of rental equipment 459 37 496 Sales of new equipment 128 16 144 Contractor supplies sales 64 15 79 Service and other revenues 91 11 102 Total revenue 4,908 854 5,762 Depreciation and amortization expense 1,066 179 1,245 Equipment rentals gross profit 1,725 364 2,089 Capital expenditures 1,189 150 1,339 Total assets $ 10,496 $ 1,492 $ 11,988 2015 Equipment rentals $ 4,241 $ 708 $ 4,949 Sales of rental equipment 504 34 538 Sales of new equipment 137 20 157 Contractor supplies sales 67 12 79 Service and other revenues 83 11 94 Total revenue 5,032 785 5,817 Depreciation and amortization expense 1,071 173 1,244 Equipment rentals gross profit 1,819 328 2,147 Capital expenditures 1,439 197 1,636 Total assets $ 10,561 $ 1,522 $ 12,083 2014 Equipment rentals $ 4,222 $ 597 $ 4,819 Sales of rental equipment 519 25 544 Sales of new equipment 113 36 149 Contractor supplies sales 73 12 85 Service and other revenues 75 13 88 Total revenue 5,002 683 5,685 Depreciation and amortization expense 1,060 134 1,194 Equipment rentals gross profit 1,790 302 2,092 Capital expenditures 1,594 227 1,821 Total assets $ 10,597 $ 1,532 $ 12,129 Equipment rentals gross profit is the primary measure management reviews to make operating decisions and assess segment performance. The following is a reconciliation of equipment rentals gross profit to income before provision for income taxes: Year Ended December 31, 2016 2015 2014 Total equipment rentals gross profit $ 2,089 $ 2,147 $ 2,092 Gross profit from other lines of business 314 333 340 Selling, general and administrative expenses (719 ) (714 ) (758 ) Merger related costs — 26 (11 ) Restructuring charge (14 ) (6 ) 1 Non-rental depreciation and amortization (255 ) (268 ) (273 ) Interest expense, net (511 ) (567 ) (555 ) Other income, net 5 12 14 Income before provision for income taxes $ 909 $ 963 $ 850 We operate in the United States and Canada. The following table presents geographic area information for the years ended December 31, 2016 , 2015 and 2014 , except for balance sheet information, which is presented as of December 31, 2016 and 2015 : Domestic Foreign (Canada) Total 2016 Equipment rentals $ 4,524 $ 417 $ 4,941 Sales of rental equipment 444 52 496 Sales of new equipment 129 15 144 Contractor supplies sales 68 11 79 Service and other revenues 87 15 102 Total revenue 5,252 510 5,762 Rental equipment, net 5,709 480 6,189 Property and equipment, net 390 40 430 Goodwill and other intangibles, net $ 3,699 $ 303 $ 4,002 2015 Equipment rentals $ 4,452 $ 497 $ 4,949 Sales of rental equipment 480 58 538 Sales of new equipment 137 20 157 Contractor supplies sales 69 10 79 Service and other revenues 80 14 94 Total revenue 5,218 599 5,817 Rental equipment, net 5,657 529 6,186 Property and equipment, net 399 46 445 Goodwill and other intangibles, net $ 3,838 $ 310 $ 4,148 2014 Equipment rentals $ 4,217 $ 602 $ 4,819 Sales of rental equipment 478 66 544 Sales of new equipment 124 25 149 Contractor supplies sales 70 15 85 Service and other revenues 73 15 88 Total revenue $ 4,962 $ 723 $ 5,685

Restructuring Charges

Restructuring Charges	12 Months Ended
	Dec. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges Closed Restructuring Programs We have two closed restructuring programs. The first was initiated in 2008 in recognition of a challenging economic environment and closed in 2011. The second closed restructuring program was initiated following the April 30, 2012 acquisition of RSC, and was completed in 2013. The restructuring charges under the closed restructuring programs include severance costs associated with headcount reductions, as well as branch closure charges which principally relate to continuing lease obligations at vacant facilities. The table below provides certain information concerning our restructuring charges under the closed restructuring programs: Description Beginning Charged to Payments Ending Year ended December 31, 2014: Branch closure charges $ 33 $ (1 ) $ (12 ) $ 20 Severance costs 2 — (2 ) — Total $ 35 $ (1 ) $ (14 ) $ 20 Year ended December 31, 2015: Branch closure charges $ 20 $ 2 $ (9 ) $ 13 Severance costs — — — — Total $ 20 $ 2 $ (9 ) $ 13 Year ended December 31, 2016: Branch closure charges $ 13 $ — $ (5 ) $ 8 Severance costs — — — — Total $ 13 $ — $ (5 ) $ 8 _________________ (1) Reflected in our consolidated statements of income as “Restructuring charge.” The restructuring charges are not allocated to our segments. As of December 31, 2016 , we have incurred total restructuring charges under the closed restructuring programs of $216 , comprised of $150 of branch closure charges and $66 of severance costs. 2015-2016 Cost Savings Restructuring Program In the fourth quarter of 2015, we initiated a restructuring program (the "2015/2016 restructuring program") in response to challenges in our operating environment. In particular, during 2015, we experienced volume and pricing pressure in our general rental business and our Pump Solutions region associated with upstream oil and gas customers. Additionally, our Lean initiatives did not fully generate the anticipated cost savings due to lower than expected growth. Though we expected solid industry growth in 2016, the 2015/2016 restructuring program was initiated in an effort to reduce costs in an environment with continuing pressures on volume and pricing. The program was completed in the fourth quarter of 2016. The table below provides certain information concerning our restructuring charges under the 2015/2016 restructuring program: Description Beginning Charged to Payments Ending Year ended December 31, 2015: Branch closure charges $ — $ — $ — $ — Severance costs — 4 (1 ) 3 Total $ — $ 4 $ (1 ) $ 3 Year ended December 31, 2016: Branch closure charges $ — $ 10 $ (2 ) $ 8 Severance costs 3 4 (6 ) 1 Total $ 3 $ 14 $ (8 ) $ 9 _________________ (1) Reflected in our consolidated statements of income as “Restructuring charge.” The restructuring charges are not allocated to our segments. As of December 31, 2016 , we incurred total restructuring charges under the 2015/2016 restructuring program of $18 , comprised of $10 of branch closure charges and $8 of severance costs.

Rental Equipment

Rental Equipment	12 Months Ended
	Dec. 31, 2016
Rental Equipment
Property, Plant and Equipment [Line Items]
Rental Equipment	Rental Equipment Rental equipment consists of the following: December 31, 2016 2015 Rental equipment $ 9,413 $ 9,022 Less accumulated depreciation (3,224 ) (2,836 ) Rental equipment, net $ 6,189 $ 6,186

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2016
Property and Equipment
Property, Plant and Equipment [Line Items]
Property and Equipment	Property and Equipment Property and equipment consist of the following: December 31, 2016 2015 Land $ 96 $ 98 Buildings 212 226 Non-rental vehicles 93 86 Machinery and equipment 87 78 Furniture and fixtures 188 171 Leasehold improvements 221 212 897 871 Less accumulated depreciation and amortization (467 ) (426 ) Property and equipment, net $ 430 $ 445

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The following table presents the changes in the carrying amount of goodwill for each of the three years in the period ended December 31, 2016 : General rentals Trench, Total Balance at January 1, 2014 (1) $ 2,812 $ 141 $ 2,953 Goodwill related to acquisitions (2) 12 330 342 Foreign currency translation and other adjustments (20 ) (3 ) (23 ) Balance at December 31, 2014 (1) 2,804 468 3,272 Goodwill related to acquisitions (2) 16 — 16 Foreign currency translation and other adjustments (34 ) (11 ) (45 ) Balance at December 31, 2015 (1) 2,786 457 3,243 Goodwill related to acquisitions (2) 5 4 9 Foreign currency translation and other adjustments 6 2 8 Balance at December 31, 2016 (1) $ 2,797 $ 463 $ 3,260 _________________ (1) The total carrying amount of goodwill for all periods in the table above is reflected net of $1,557 of accumulated impairment charges, which were primarily recorded in our general rentals segment. (2) Includes goodwill adjustments for the effect on goodwill of changes to net assets acquired during the measurement period, which were not significant to our previously reported operating results or financial condition. Other intangible assets were comprised of the following at December 31, 2016 and 2015 : December 31, 2016 Weighted-Average Remaining Gross Accumulated Net Non-compete agreements 28 months $ 70 $ 57 $ 13 Customer relationships 10 years $ 1,465 $ 737 $ 728 Trade names and associated trademarks 4 months $ 80 $ 79 $ 1 December 31, 2015 Weighted-Average Remaining Gross Accumulated Net Non-compete agreements 31 months $ 69 $ 44 $ 25 Customer relationships 11 years $ 1,453 $ 583 $ 870 Trade names and associated trademarks 16 months $ 80 $ 70 $ 10 Amortization expense for other intangible assets was $174 , $193 and $204 for the years ended December 31, 2016 , 2015 and 2014 , respectively. As of December 31, 2016 , estimated amortization expense for other intangible assets for each of the next five years and thereafter was as follows: 2017 $ 146 2018 126 2019 111 2020 95 2021 80 Thereafter 184 Total $ 742

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities and Other Long-Term Liabilities	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accrued Expenses and Other Liabilities and Other Long-Term Liabilities	Accrued Expenses and Other Liabilities and Other Long-Term Liabilities Accrued expenses and other liabilities consist of the following: December 31, 2016 2015 Self-insurance accruals $ 35 $ 43 Accrued compensation and benefit costs 55 41 Property and income taxes payable 23 22 Restructuring reserves (1) 17 16 Interest payable 79 91 Deferred revenue (2) 40 38 National accounts accrual 40 39 Due to seller 2 4 Other (3) 53 61 Accrued expenses and other liabilities $ 344 $ 355 _________________ (1) Relates to branch closure charges and severance costs. See note 4 for additional detail. (2) Primarily relates to amounts billed to customers in excess of recognizable equipment rental revenue. See note 2 (“Revenue Recognition”) for additional detail. (3) Other includes multiple items, none of which are individually significant. Other long-term liabilities consist of the following: December 31, 2016 2015 Self-insurance accruals $ 59 $ 47 Accrued compensation and benefit costs 8 7 Other long-term liabilities $ 67 $ 54

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives We recognize all derivative instruments as either assets or liabilities at fair value, and recognize changes in the fair value of the derivative instruments based on the designation of the derivative. We are exposed to certain risks relating to our ongoing business operations. During the year ended December 31, 2016 , the risks we managed using derivative instruments were diesel price risk and foreign currency exchange rate risk. At December 31, 2016 , we had outstanding fixed price swap contracts on diesel purchases which were entered into to mitigate the price risk associated with forecasted purchases of diesel. During the year ended December 31, 2016 , we entered into forward contracts to purchase Canadian dollars to mitigate the foreign currency exchange rate risk associated with certain Canadian dollar denominated intercompany loans. At December 31, 2016 , there were no outstanding forward contracts to purchase Canadian dollars. The outstanding forward contracts on diesel purchases were designated and qualify as cash flow hedges and the forward contracts to purchase Canadian dollars, which were all settled as of December 31, 2016 , represented derivative instruments not designated as hedging instruments. Fixed Price Diesel Swaps The fixed price swap contracts on diesel purchases that were outstanding at December 31, 2016 were designated and qualify as cash flow hedges and the effective portion of the unrealized gain or loss on these contracts is reported as a component of accumulated other comprehensive income and is reclassified into earnings in the period during which the hedged transaction affects earnings (i.e., when the hedged gallons of diesel are used). The remaining gain or loss on the fixed price swap contracts in excess of the cumulative change in the present value of future cash flows of the hedged item, if any (i.e., the ineffective portion), is recognized in our consolidated statements of income during the current period. As of December 31, 2016 , we had outstanding fixed price swap contracts covering 7.0 million gallons of diesel which will be purchased throughout 2017 and 2018 . Foreign Currency Forward Contracts The forward contracts to purchase Canadian dollars, which were all settled as of December 31, 2016 , represented derivative instruments not designated as hedging instruments and gains or losses due to changes in the fair value of the forward contracts were recognized in our consolidated statements of income during the period in which the changes in fair value occurred. During the year ended December 31, 2016 , forward contracts were used to purchase $894 Canadian dollars, representing the total amount due at maturity for certain Canadian dollar denominated intercompany loans that were settled during the year ended December 31, 2016 . Upon maturity, the proceeds from the forward contracts were used to pay down the Canadian dollar denominated intercompany loans. Financial Statement Presentation As of December 31, 2016 and 2015 , immaterial amounts ( $6 or less) were reflected in prepaid expenses and other assets, accrued expenses and other liabilities, and accumulated other comprehensive income in our consolidated balance sheets associated with the outstanding fixed price swap contracts that were designated and qualify as cash flow hedges. Insignificant amounts (less than $1 ) were reflected in our consolidated statement of cash flows for the years ended December 31, 2016 , 2015 and 2014 associated with the forward contracts to purchase Canadian dollars. Operating cash flows in our consolidated statement of cash flows for the years ended December 31, 2016 , 2015 and 2014 include $29 , $35 and $41 , respectively, associated with the fixed price diesel swaps, comprised of 1) the cost to purchase 10.1 million , 10.6 million and 10.5 million hedged gallons of diesel during the years ended December 31, 2016 , 2015 and 2014 , respectively, and 2) cash paid to or received from the counterparties to the fixed price swaps. The effect of our derivative instruments on our consolidated statements of income for the years ended December 31, 2016 , 2015 and 2014 was as follows: Location of income Amount of income (expense) Amount of income (expense) Year ended December 31, 2016: Derivatives designated as hedging instruments: Fixed price diesel swaps Other income (expense), net (1) $ * Cost of equipment rentals, excluding (6 ) (23 ) Derivatives not designated as hedging instruments: Foreign currency forward contracts Other income (expense), net (3 ) 3 Year ended December 31, 2015: Derivatives designated as hedging instruments: Fixed price diesel swaps Other income (expense), net (1) $ * Cost of equipment rentals, excluding (7 ) (29 ) Derivatives not designated as hedging instruments: Foreign currency forward contracts Other income (expense), net (5 ) 5 Year ended December 31, 2014: Derivatives designated as hedging instruments: Fixed price diesel swaps Other income (expense), net (1) $ * Cost of equipment rentals, excluding * (40 ) Derivatives not designated as hedging instruments: Foreign currency forward contracts Other income (expense), net (7 ) 7 * Amounts are insignificant (less than $1 ). (1) Represents the ineffective portion of the fixed price diesel swaps. (2) Amounts recognized on derivative represent the effective portion of the fixed price diesel swaps. (3) Amounts recognized on hedged item reflect the use of 10.1 million , 10.6 million and 10.5 million gallons of diesel covered by the fixed price swaps during the years ended December 31, 2016 , 2015 and 2014 , respectively.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We account for certain assets and liabilities at fair value, and categorize each of our fair value measurements in one of the following three levels based on the lowest level input that is significant to the fair value measurement in its entirety: Level 1 —Inputs to the valuation methodology are unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 —Observable inputs other than quoted prices in active markets for identical assets and liabilities include: a) quoted prices for similar assets or liabilities in active markets; b) quoted prices for identical or similar assets or liabilities in inactive markets; c) inputs other than quoted prices that are observable for the asset or liability; d) inputs that are derived principally from or corroborated by observable market data by correlation or other means. If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability. Level 3 —Inputs to the valuation methodology are unobservable (i.e., supported by little or no market activity) and significant to the fair value measure. Assets and Liabilities Measured at Fair Value As of December 31, 2016 and 2015 , our only assets and liabilities measured at fair value were our fixed price diesel swaps contracts, which are Level 2 derivatives measured at fair value on a recurring basis. As of December 31, 2016 and 2015 , immaterial amounts ( $6 or less) were reflected in prepaid expenses and other assets, and accrued expenses and other liabilities in our consolidated balance sheets, reflecting the fair values of the fixed price swap contracts. As discussed in note 9 to the consolidated financial statements, we entered into the fixed price swap contracts on diesel purchases to mitigate the price risk associated with forecasted purchases of diesel. Fair value is determined based on observable market data. As of December 31, 2016 , we have fixed price swap contracts covering 7.0 million gallons of diesel which we will buy throughout 2017 and 2018 at the average contract price of $2.56 per gallon, while the average forward price for the hedged gallons was $2.73 per gallon as of December 31, 2016 . Fair Value of Financial Instruments The carrying amounts reported in our consolidated balance sheets for accounts receivable, accounts payable and accrued expenses and other liabilities approximate fair value due to the immediate to short-term maturity of these financial instruments. The fair values of our senior secured asset-based revolving credit facility (“ABL facility”) and accounts receivable securitization facility approximate their book values as of December 31, 2016 and 2015 . The estimated fair values of our other financial instruments at December 31, 2016 and 2015 have been calculated based upon available market information or an appropriate valuation technique, and are as follows: December 31, 2016 December 31, 2015 Carrying Fair Carrying Fair Level 1: Senior and senior subordinated notes $ 5,506 $ 5,715 $ 5,916 $ 6,030 Level 3: Capital leases (1) 71 70 96 95 (1) The fair value of capital leases reflects the present value of the leases using a 7.0 percent interest rate.

Debt

Debt	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt	Debt Debt, net of unamortized original issue discounts or premiums, and unamortized debt issuance costs, consists of the following: December 31, 2016 2015 Accounts Receivable Securitization Facility (1) $ 568 $ 571 $2.5 billion ABL Facility (1) 1,645 1,579 7 3 / 8 percent Senior Notes (2) — 740 8 1 / 4 percent Senior Notes (2) — 315 7 5 / 8 percent Senior Notes due 2022 (2) 469 1,306 6 1 / 8 percent Senior Notes due 2023 936 937 4 5 / 8 percent Senior Secured Notes due 2023 991 989 5 3 / 4 percent Senior Notes due 2024 839 838 5 1 / 2 percent Senior Notes due 2025 792 791 5 7 / 8 percent Senior Notes due 2026 (3) 740 — 5 1 / 2 percent Senior Notes due 2027 (3) 739 — Capital leases 71 96 Total debt 7,790 8,162 Less short-term portion (597 ) (607 ) Total long-term debt $ 7,193 $ 7,555 (1) $809 and $57 were available under our ABL facility and accounts receivable securitization facility, respectively, at December 31, 2016 . The ABL facility availability is reflected net of $36 of letters of credit. At December 31, 2016 , the interest rates applicable to our ABL facility and accounts receivable securitization facility were 2.3 percent and 1.5 percent , respectively. (2) In 2016, we redeemed all of our 7 3 / 8 percent Senior Notes and 8 1 / 4 percent Senior Notes, and $ 850 principal amount of our 7 5 / 8 percent Senior Notes due 2022. Upon redemption, we recognized an aggregate loss of $ 100 in interest expense, net. The loss represented the difference between the net carrying amount and the total purchase price of the redeemed notes. (3) In 2016, URNA issued $ 750 principal amount of 5 7 / 8 percent Senior Notes due 2026 and $ 750 principal amount of 5 1 / 2 percent Senior Notes due 2027. See below for additional detail. Short-term debt As of December 31, 2016 , our short-term debt primarily reflects $568 of borrowings under our accounts receivable securitization facility. As discussed below, in 2016, we amended and extended our accounts receivable securitization facility. During the year ended December 31, 2016 , the monthly average amount outstanding under the accounts receivable securitization facility was $551 and the weighted-average interest rate thereon was 1.2 percent . The maximum month-end amount outstanding under the accounts receivable securitization facility during the year ended December 31, 2016 was $621 . Accounts Receivable Securitization Facility . In August 2016, we amended and extended our accounts receivable securitization facility. The amended facility expires on August 29, 2017, has a facility size of $625 , and may be extended on a 364 -day basis by mutual agreement of the Company and the lenders under the facility. Borrowings under the facility are reflected as short-term debt on our consolidated balance sheets. Key provisions of the facility include the following: • borrowings are permitted only to the extent that the face amount of the receivables in the collateral pool, net of applicable reserves, exceeds the outstanding loans by a specified amount. As of December 31, 2016 , there were $655 of receivables, net of applicable reserves, in the collateral pool; • the receivables in the collateral pool are the lenders’ only source of repayment; • upon early termination of the facility, no new amounts will be advanced under the facility and collections on the receivables securing the facility will be used to repay the outstanding borrowings; and • standard termination events including, without limitation, a change of control of Holdings, URNA or certain of its subsidiaries, a failure to make payments, a failure to comply with standard default, delinquency, dilution and days sales outstanding covenants, or breach of the fixed charge coverage ratio covenant under the ABL facility (if applicable). ABL Facility. In June 2008, Holdings, URNA, and certain of our subsidiaries entered into a credit agreement providing for a five -year $1.25 billion ABL facility, a portion of which is available for borrowing in Canadian dollars. The ABL facility was subsequently upsized and extended. The size of the ABL facility was $2.5 billion as of December 31, 2016 . The ABL facility is subject to, among other things, the terms of a borrowing base derived from the value of eligible rental equipment and eligible inventory. The borrowing base is subject to certain reserves and caps customary for financings of this type. All amounts borrowed under the credit agreement must be repaid on or before June 2021. Loans under the credit agreement bear interest, at URNA’s option: (i) in the case of loans in U.S. dollars, at a rate equal to the London interbank offered rate or an alternate base rate, in each case plus a spread, or (ii) in the case of loans in Canadian dollars, at a rate equal to the Canadian prime rate or an alternate rate (Bankers' Acceptance Rate), in each case plus a spread. The interest rates under the credit agreement are subject to change based on the availability in the facility. A commitment fee accrues on any unused portion of the commitments under the credit agreement at a fixed rate per annum. Ongoing extensions of credit under the credit agreement are subject to customary conditions, including sufficient availability under the borrowing base. The credit agreement also contains covenants that, unless certain financial and other conditions are satisfied, require URNA to satisfy various financial tests and to maintain certain financial ratios. As discussed below (see “Loan Covenants and Compliance”), the only material financial covenant that currently exists in the ABL facility is the fixed charge coverage ratio. As of December 31, 2016 , availability under the ABL facility has exceeded the required threshold and, as a result, this maintenance covenant is inapplicable. In addition, the credit agreement contains customary negative covenants applicable to Holdings, URNA and our subsidiaries, including negative covenants that restrict the ability of such entities to, among other things, (i) incur additional indebtedness or engage in certain other types of financing transactions, (ii) allow certain liens to attach to assets, (iii) repurchase, or pay dividends or make certain other restricted payments on, capital stock and certain other securities, (iv) prepay certain indebtedness and (v) make acquisitions and investments. The U.S. dollar borrowings under the credit agreement are secured by substantially all of our assets and substantially all of the assets of certain of our U.S. subsidiaries (other than real property and certain accounts receivable). The U.S. dollar borrowings under the credit agreement are guaranteed by Holdings and by URNA and, subject to certain exceptions, our domestic subsidiaries. Borrowings under the credit agreement by URNA’s Canadian subsidiaries are also secured by substantially all the assets of URNA’s Canadian subsidiaries and supported by guarantees from the Canadian subsidiaries and from Holdings and URNA, and, subject to certain exceptions, our domestic subsidiaries. Under the ABL facility, a change of control (as defined in the credit agreement) constitutes an event of default, entitling our lenders, among other things, to terminate our ABL facility and to require us to repay outstanding borrowings. As of December 31, 2016 , the ABL facility was our only long-term variable rate debt instrument. During the year ended December 31, 2016 , the monthly average amount outstanding under the ABL facility was $1.4 billion and the weighted-average interest rate thereon was 2.1 percent . The maximum month-end amount outstanding under the ABL facility during the year ended December 31, 2016 was $1.7 billion. 7 5 / 8 percent Senior Notes due 2022 . In March 2012 , Funding SPV issued $ 1.325 billion aggregate principal amount of 7 5 / 8 percent Senior Notes (the “7 5 / 8 percent Notes”), which are due April 15, 2022 . The net proceeds from the sale of the 7 5 / 8 percent Notes were approximately $ 1.295 billion (after deducting the initial purchasers' fees and offering expenses). Upon consummation of the RSC merger, URNA assumed the 7 5 / 8 percent Notes. The 7 5 / 8 percent Notes are unsecured and are guaranteed by Holdings and, subject to limited exceptions, URNA's domestic subsidiaries. As of December 31, 2016 , after the redemption of $ 850 principal amount of the 7 5 / 8 percent Notes in 2016, the outstanding principal amount of the notes was $ 475 .The 7 5 / 8 percent Notes may be redeemed on or after April 15, 2017 , at specified redemption prices that range from 103.813 percent in 2017 , to 100 percent in 2020 and thereafter, plus accrued and unpaid interest. The indenture governing the 7 5 / 8 percent Notes contains certain restrictive covenants, including, among others, limitations on (i) liens; (ii) additional indebtedness; (iii) mergers, consolidations and acquisitions; (iv) sales, transfers and other dispositions of assets; (v) loans and other investments; (vi) dividends and other distributions, stock repurchases and redemptions and other restricted payments; (vii) dividends, other payments and other matters affecting subsidiaries; (viii) transactions with affiliates; and (ix) designations of unrestricted subsidiaries, as well as a requirement to timely file periodic reports with the SEC. Each of these covenants is subject to important exceptions and qualifications that would allow URNA and its subsidiaries to engage in these activities under certain conditions. The indenture also requires that, in the event of a change of control (as defined in the indenture), URNA must make an offer to purchase all of the then outstanding 7 5 / 8 percent Notes tendered at a purchase price in cash equal to 101 percent of the principal amount thereof, plus accrued and unpaid interest, if any, thereon. 6 1 / 8 percent Senior Notes due 2023. In October 2012, URNA issued $ 400 aggregate principal amount of 6 1 / 8 percent Senior Notes (the “6 1 / 8 percent Notes”), which are due June 15, 2023 . In March 2014, URNA issued $ 525 principal amount of 6 1 / 8 percent Notes as an add on to the existing 6 1 / 8 percent Notes. The notes issued in March 2014 have identical terms, and are fungible, with the existing 6 1 / 8 percent Notes. The net proceeds from the issuances of the 6 1 / 8 percent Notes were $ 939 (after deducting offering expenses). The 6 1 / 8 percent Notes are unsecured and are guaranteed by Holdings and, subject to limited exceptions, URNA's domestic subsidiaries. The 6 1 / 8 percent Notes may be redeemed by URNA on or after December 15, 2017 , at specified redemption prices that range from 103.063 percent in 2017 to 100 percent in 2020 and thereafter. The indenture governing the 6 1 / 8 percent Notes contains certain restrictive covenants, including, among others, limitations on (i) additional indebtedness; (ii) restricted payments; (iii) liens; (iv) asset sales; (v) preferred stock of certain subsidiaries; (vi) transactions with affiliates; (vii) dividends and other payments; (viii) designations of unrestricted subsidiaries; (ix) additional subsidiary guarantees and (x) mergers, consolidations or sales of substantially all of our assets. The indenture also requires that, in the event of a change of control (as defined in the indenture), URNA must make an offer to purchase all of the then outstanding 6 1 / 8 percent Notes tendered at a purchase price in cash equal to 101 percent of the principal amount thereof plus accrued and unpaid interest, if any, thereon. The carrying value of the 6 1 / 8 percent Notes includes the $ 21 unamortized portion of the original issue premium recognized in conjunction with the March 2014 issuance, which is being amortized through the maturity date in 2023. The effective interest rate on the 6 1 / 8 percent Senior Notes is 5.7 percent . 4 5 / 8 percent Senior Secured Notes due 2023. In March 2015, URNA issued $ 1.0 billion aggregate principal amount of 4 5 / 8 percent Senior Secured Notes (the “4 5 / 8 percent Notes”), which are due July 15, 2023. The net proceeds from the issuance were approximately $ 990 (after deducting offering expenses). The 4 5 / 8 percent Notes are guaranteed by Holdings and certain domestic subsidiaries of URNA and are secured on a second-priority basis by liens on substantially all of URNA’s and the guarantors’ assets that secure the ABL facility, subject to certain exceptions. The 4 5 / 8 percent Notes may be redeemed on or after July 15, 2018, at specified redemption prices that range from 103.469 percent in 2018, to 100 percent in 2021 and thereafter, plus accrued and unpaid interest, if any. The indenture governing the 4 5 / 8 percent Notes contains certain restrictive covenants, including, among others, limitations on (i) liens; (ii) additional indebtedness; (iii) mergers, consolidations and acquisitions; (iv) sales, transfers and other dispositions of assets; (v) loans and other investments; (vi) dividends and other distributions, stock repurchases and redemptions and other restricted payments; (vii) restrictions affecting subsidiaries; (viii) transactions with affiliates and (ix) designations of unrestricted subsidiaries, as well as a requirement to timely file periodic reports with the SEC. The indenture also includes covenants relating to the grant of and maintenance of liens for the benefit of the notes collateral agent. Each of the restrictive covenants is subject to important exceptions and qualifications that would allow URNA and its subsidiaries to engage in these activities under certain conditions. The indenture also requires that, in the event of a change of control (as defined in the indenture), URNA must make an offer to purchase all of the then-outstanding 4 5 / 8 percent Notes tendered at a purchase price in cash equal to 101 percent of the principal amount thereof, plus accrued and unpaid interest, if any, thereon. 5 3 / 4 percent Senior Notes due 2024. In March 2014, URNA issued $ 850 aggregate principal amount of 5 3 / 4 percent Senior Notes (the “5 3 / 4 percent Notes”), which are due November 15, 2024. The net proceeds from the issuance were $ 837 (after deducting offering expenses). The 5 3 / 4 percent Notes are unsecured and are guaranteed by Holdings and, subject to limited exceptions, URNA's domestic subsidiaries. The 5 3 / 4 percent Notes may be redeemed on or after May 15, 2019, at specified redemption prices that range from 102.875 percent in the 12-month period commencing on May 15, 2019, to 100 percent in the 12-month period commencing on May 15, 2022 and thereafter, plus accrued and unpaid interest. The indenture governing the 5 3 / 4 percent Notes contains certain restrictive covenants, including, among others, limitations on (i) liens; (ii) additional indebtedness; (iii) mergers, consolidations and acquisitions; (iv) sales, transfers and other dispositions of assets; (v) loans and other investments; (vi) dividends and other distributions, stock repurchases and redemptions and other restricted payments; (vii) restrictions affecting subsidiaries; (viii) transactions with affiliates and (ix) designations of unrestricted subsidiaries, as well as a requirement to timely file periodic reports with the SEC. Each of these covenants is subject to important exceptions and qualifications that would allow URNA and its subsidiaries to engage in these activities under certain conditions. The indenture also requires that, in the event of a change of control (as defined in the indenture), URNA must make an offer to purchase all of the then outstanding 5 3 / 4 percent Notes tendered at a purchase price in cash equal to 101 percent of the principal amount thereof, plus accrued and unpaid interest, if any, thereon. 5 1 / 2 percent Senior Notes due 2025. In March 2015, URNA issued $ 800 aggregate principal amount of 5 1 / 2 percent Senior Notes which are due July 15, 2025 (the “2025 5 1 / 2 percent Notes”). The net proceeds from the issuance were approximately $ 792 (after deducting offering expenses). The 2025 5 1 / 2 percent Notes are unsecured and are guaranteed by Holdings and certain domestic subsidiaries of URNA. The 2025 5 1 / 2 percent Notes may be redeemed on or after July 15, 2020, at specified redemption prices that range from 102.75 percent in 2020, to 100 percent in 2023 and thereafter, plus accrued and unpaid interest, if any. The indenture governing the 2025 5 1 / 2 percent Notes contains certain restrictive covenants, including, among others, limitations on (i) liens; (ii) additional indebtedness; (iii) mergers, consolidations and acquisitions; (iv) sales, transfers and other dispositions of assets; (v) loans and other investments; (vi) dividends and other distributions, stock repurchases and redemptions and other restricted payments; (vii) restrictions affecting subsidiaries; (viii) transactions with affiliates and (ix) designations of unrestricted subsidiaries, as well as a requirement to timely file periodic reports with the SEC. Each of the restrictive covenants is subject to important exceptions and qualifications that would allow URNA and its subsidiaries to engage in these activities under certain conditions. The indenture also requires that, in the event of a change of control (as defined in the indenture), URNA must make an offer to purchase all of the then-outstanding 2025 5 1 / 2 percent Notes tendered at a purchase price in cash equal to 101 percent of the principal amount thereof, plus accrued and unpaid interest, if any, thereon. 5 7 / 8 percent Senior Notes due 2026. In May 2016, URNA issued $ 750 aggregate principal amount of 5 7 / 8 percent Senior Notes (the “5 7 / 8 percent Notes”) which are due September 15, 2026. The net proceeds from the issuance were approximately $ 741 (after deducting offering expenses). The 5 7 / 8 percent Notes are unsecured and are guaranteed by Holdings and certain domestic subsidiaries of URNA. The 5 7 / 8 percent Notes may be redeemed on or after September 15, 2021, at specified redemption prices that range from 102.938 percent in 2021, to 100 percent in 2024 and thereafter, plus accrued and unpaid interest, if any. The indenture governing the 5 7 / 8 percent Notes contains certain restrictive covenants, including, among others, limitations on (i) liens; (ii) additional indebtedness; (iii) mergers, consolidations and acquisitions; (iv) sales, transfers and other dispositions of assets; (v) loans and other investments; (vi) dividends and other distributions, stock repurchases and redemptions and other restricted payments; (vii) restrictions affecting subsidiaries; (viii) transactions with affiliates; and (ix) designations of unrestricted subsidiaries, as well as a requirement to timely file periodic reports with the SEC. Each of the restrictive covenants is subject to important exceptions and qualifications that would allow URNA and its subsidiaries to engage in these activities under certain conditions. The indenture also requires that, in the event of a change of control (as defined in the indenture), URNA must make an offer to purchase all of the then-outstanding 5 7 / 8 percent Notes tendered at a purchase price in cash equal to 101 percent of the principal amount thereof, plus accrued and unpaid interest, if any, thereon. 5 1 / 2 percent Senior Notes due 2027. In November 2016, URNA issued $ 750 aggregate principal amount of 5 1 / 2 percent Senior Notes which are due May 15, 2027 (the “2027 5 1 / 2 percent Notes”). The net proceeds from the issuance were approximately $741 (after deducting offering expenses). The 2027 5 1 / 2 percent Notes are unsecured and are guaranteed by Holdings and certain domestic subsidiaries of URNA. The 2027 5 1 / 2 percent Notes may be redeemed on or after May 15, 2022, at specified redemption prices that range from 102.75 percent in 2022, to 100 percent in 2025 and thereafter, plus accrued and unpaid interest, if any. The indenture governing the 2027 5 1 / 2 percent Notes contains certain restrictive covenants, including, among others, limitations on (i) liens; (ii) additional indebtedness; (iii) mergers, consolidations and acquisitions; (iv) sales, transfers and other dispositions of assets; (v) loans and other investments; (vi) dividends and other distributions, stock repurchases and redemptions and other restricted payments; (vii) restrictions affecting subsidiaries; (viii) transactions with affiliates; and (ix) designations of unrestricted subsidiaries, as well as a requirement to timely file periodic reports with the SEC. Each of the restrictive covenants is subject to important exceptions and qualifications that would allow URNA and its subsidiaries to engage in these activities under certain conditions. The indenture also requires that, in the event of a change of control (as defined in the indenture), URNA must make an offer to purchase all of the then-outstanding 2027 5 1 / 2 percent Notes tendered at a purchase price in cash equal to 101 percent of the principal amount thereof, plus accrued and unpaid interest, if any, thereon. Loan Covenants and Compliance As of December 31, 2016 , we were in compliance with the covenants and other provisions of the ABL facility, the accounts receivable securitization facility and the senior notes. Any failure to be in compliance with any material provision or covenant of these agreements could have a material adverse effect on our liquidity and operations. The only financial covenant that currently exists under the ABL facility is the fixed charge coverage ratio. Subject to certain limited exceptions specified in the ABL facility, the fixed charge coverage ratio covenant under the ABL facility will only apply in the future if specified availability under the ABL facility falls below 10 percent of the maximum revolver amount under the ABL facility. When certain conditions are met, cash and cash equivalents and borrowing base collateral in excess of the ABL facility size may be included when calculating specified availability under the ABL facility. As of December 31, 2016 , specified availability under the ABL facility exceeded the required threshold and, as a result, this maintenance covenant is inapplicable. Under our accounts receivable securitization facility, we are required, among other things, to maintain certain financial tests relating to: (i) the default ratio, (ii) the delinquency ratio, (iii) the dilution ratio and (iv) days sales outstanding. The accounts receivable securitization facility also requires us to comply with the fixed charge coverage ratio under the ABL facility, to the extent the ratio is applicable under the ABL facility. Maturities Maturities of the Company’s debt (exclusive of any unamortized original issue discounts or premiums, and unamortized debt issuance costs) for each of the next five years and thereafter at December 31, 2016 are as follows: 2017 $ 597 2018 21 2019 12 2020 4 2021 1,656 Thereafter 5,553 Total $ 7,843

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The components of the provision for income taxes for each of the three years in the period ended December 31, 2016 are as follows: Year ended December 31, 2016 2015 2014 Current Federal $ 186 $ 13 $ 2 Foreign 10 15 42 State and local 24 14 5 220 42 49 Deferred Federal 119 300 240 Foreign (1 ) 5 2 State and local 5 31 19 123 336 261 Total $ 343 $ 378 $ 310 A reconciliation of the provision for income taxes and the amount computed by applying the statutory federal income tax rate of 35 percent to the income before provision for income taxes for each of the three years in the period ended December 31, 2016 is as follows: Year ended December 31, 2016 2015 2014 Computed tax at statutory tax rate $ 318 $ 337 $ 297 State income taxes, net of federal tax benefit 21 41 22 Non-deductible expenses and other 9 8 8 Foreign taxes (5 ) (8 ) (17 ) Total $ 343 $ 378 $ 310 The components of deferred income tax assets (liabilities) are as follows: December 31, 2016 December 31, 2015 Reserves and allowances $ 103 $ 112 Debt cancellation and other 33 48 Net operating loss and credit carryforwards 28 73 Total deferred tax assets 164 233 Property and equipment (1,820 ) (1,714 ) Intangibles (231 ) (272 ) Valuation allowance (9 ) (12 ) Total deferred tax liability (2,060 ) (1,998 ) Total deferred income tax liability $ (1,896 ) $ (1,765 ) The following table summarizes the activity related to unrecognized tax benefits, some of which would impact our effective tax rate if recognized: 2016 2015 Balance at January 1 $ 3 $ 7 Additions for tax positions of prior years 1 1 Reductions for tax positions of prior years — (1 ) Settlements — (4 ) Balance at December 31 $ 4 $ 3 We include interest accrued on the underpayment of income taxes in interest expense, and penalties, if any, related to unrecognized tax benefits in selling, general and administrative expense. Interest expense of less than $1 related to income tax was reflected in our consolidated statements of income for each of the years ended December 31, 2016 , 2015 and 2014 . We file income tax returns in the United States and in Canada. With few exceptions, we have completed our domestic and international income tax examinations, or the statute of limitations has expired in the respective jurisdictions, for years prior to 2010. The Internal Revenue Service (“IRS”) has completed audits for periods prior to 2010. Canadian authorities have concluded income tax audits for periods through 2010. Included in the balance of unrecognized tax benefits at December 31, 2016 are certain tax positions associated with Canadian transfer pricing and U.S. state inter-company royalty related issues. The Company has submitted a request to the Canadian Competent Authority for an Advanced Pricing Arrangement ("APA") associated with our intercompany transactions. The process has been delayed due to changes in the management and staff in the Canadian Revenue Agency ("CRA"). The latest communication received from the CRA indicated that the CRA's position on this matter should be expected within the next 12 months. It is not possible to estimate the amount of the change, if any, to the previously recorded uncertain tax positions. For financial reporting purposes, income before provision for income taxes for our foreign subsidiaries was $29 , $70 and $168 for the years ended December 31, 2016 , 2015 and 2014 , respectively. At December 31, 2016 , unremitted earnings of foreign subsidiaries were approximately $382 . Since it is our intention to indefinitely reinvest these earnings, no U.S. taxes have been provided for these amounts. If we changed our reinvestment policy and decided to remit earnings as a dividend, a deferred tax liability would arise. Determination of the amount of unrecognized deferred tax liability on these unremitted taxes is not practicable. We have net operating loss carryforwards (“NOLs”) of $527 for state income tax purposes that expire from 2016 through 2036. We have recorded valuation allowances against this deferred asset of $9 and $12 as of December 31, 2016 and 2015 , respectively. We have no NOLs recorded for federal income tax purposes. In 2016 , the Company utilized $155 of existing NOLs to offset tax liabilities.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies We are subject to a number of claims and proceedings that generally arise in the ordinary conduct of our business. These matters include, but are not limited to, general liability claims (including personal injury, product liability, and property and automobile claims), indemnification and guarantee obligations, employee injuries and employment-related claims, self-insurance obligations and contract and real estate matters. Based on advice of counsel and available information, including current status or stage of proceeding, and taking into account accruals included in our consolidated balance sheets for matters where we have established them, we currently believe that any liabilities ultimately resulting from these ordinary course claims and proceedings will not, individually or in the aggregate, have a material adverse effect on our consolidated financial position, results of operations or cash flows. Indemnification The Company indemnifies its officers and directors pursuant to indemnification agreements and may in addition indemnify these individuals as permitted by Delaware law. Operating Leases We lease rental equipment, real estate and certain office equipment under operating leases. Certain real estate leases require us to pay maintenance, insurance, taxes and certain other expenses in addition to the stated rental payments. Future minimum lease payments by year and in the aggregate, for non-cancelable operating leases with initial or remaining terms of one year or more are as follows at December 31, 2016 : Real Non-Rental 2017 $ 99 $ 41 2018 82 30 2019 63 22 2020 44 15 2021 28 8 Thereafter 39 2 Total $ 355 $ 118 Our real estate leases provide for varying terms, including customary escalation clauses. We evaluate our operating leases in accordance with GAAP. Our leases generally include default provisions that are customary, and do not contain material adverse change clauses, cross-default provisions or subjective default provisions. In these leases, the occurrence of an event of default is objectively determinable based on predefined criteria. Based on the facts and circumstances that existed at lease inception and with consideration of our history as a lessee, we believe that it is reasonable to assume that an event of default will not occur. Rent expense under all non-cancelable real estate, rental equipment and other equipment operating leases totaled $149 , $139 and $131 for the years ended December 31, 2016 , 2015 and 2014 , respectively. Capital Leases Capital lease obligations consist primarily of vehicle and building leases with periods expiring at various dates through 2028. Capital lease obligations were $ 71 and $ 96 at December 31, 2016 and 2015 , respectively. The following table presents capital lease financial statement information for the years ended December 31, 2016 , 2015 and 2014 , except for balance sheet information, which is presented as of December 31, 2016 and 2015 : 2016 2015 2014 Depreciation of rental equipment $ 20 $ 20 $ 20 Non-rental depreciation and amortization 3 3 4 Rental equipment 190 186 Less accumulated depreciation (70 ) (56 ) Rental equipment, net 120 130 Property and equipment, net: Non-rental vehicles 7 8 Buildings 21 21 Less accumulated depreciation and amortization (16 ) (16 ) Property and equipment, net $ 12 $ 13 Future minimum lease payments for capital leases for each of the next five years and thereafter at December 31, 2016 are as follows: 2017 $ 32 2018 23 2019 13 2020 4 2021 2 Thereafter 3 Total 77 Less amount representing interest (1) (6 ) Capital lease obligations $ 71 (1) The weighted average interest rate on our capital lease obligations as of December 31, 2016 was approximately 5.7 percent . Employee Benefit Plans We currently sponsor a defined contribution 401(k) retirement plan, which is subject to the provisions of the Employee Retirement Income Security Act of 1974. We also sponsor a deferred profit sharing plan for the benefit of the full-time employees of our Canadian subsidiaries. Under these plans, we match a percentage of the participants’ contributions up to a specified amount. Company contributions to the plans were $23 , $22 and $19 in the years ended December 31, 2016 , 2015 and 2014 , respectively. Environmental Matters The Company and its operations are subject to various laws and related regulations governing environmental matters. Under such laws, an owner or lessee of real estate may be liable for the costs of removal or remediation of certain hazardous or toxic substances located on or in, or emanating from, such property, as well as investigation of property damage. We incur ongoing expenses associated with the performance of appropriate remediation at certain locations.

Common Stock

Common Stock	12 Months Ended
	Dec. 31, 2016
Equity and Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Common Stock	Common Stock We have 500 million authorized shares of common stock, $0.01 par value. At December 31, 2016 and 2015 , there were 0.5 million and 0.6 million shares of common stock reserved for issuance pursuant to options granted under our stock option plans, respectively. As of December 31, 2016 , there were an aggregate of 1.1 million outstanding time and performance-based RSUs and 3.7 million shares available for grant of stock and options under our 2010 Long Term Incentive Plan. A summary of the transactions within the Company’s stock option plans follows (shares in thousands): Shares Weighted-Average Outstanding at January 1, 2014 875 $ 17.85 Granted — — Exercised (213 ) 11.21 Canceled (10 ) 19.98 Outstanding at December 31, 2014 652 19.99 Granted — — Exercised (87 ) 13.54 Canceled (4 ) 20.29 Outstanding at December 31, 2015 561 20.99 Granted — — Exercised (54 ) 17.42 Canceled — — Outstanding at December 31, 2016 507 21.37 Exercisable at December 31, 2014 564 $ 16.18 Exercisable at December 31, 2015 537 $ 19.49 Exercisable at December 31, 2016 507 $ 21.37 As of December 31, 2016 (options in thousands): Options Outstanding Options Exercisable Range of Exercise Prices Amount Weighted Weighted Amount Weighted $0.01-5.00 100 2.2 $ 3.38 100 $ 3.38 5.01-10.00 169 3.2 8.32 169 8.32 10.01-15.00 12 2.1 14.50 12 14.50 15.01-20.00 12 2.8 15.22 12 15.22 25.01-30.00 27 3.2 26.01 27 26.01 30.01-35.00 62 4.2 31.49 62 31.49 40.01-45.00 51 5.1 41.25 51 41.25 50.01-55.00 74 6.2 53.78 74 53.78 507 $ 21.37 507 $ 21.37 The following table presents information associated with options as of December 31, 2016 and 2015 , and for the years ended December 31, 2016 , 2015 and 2014 : 2016 2015 2014 Intrinsic value of options outstanding as of December 31 $ 43 $ 29 Intrinsic value of options exercisable as of December 31 43 28 Intrinsic value of options exercised 4 7 17 Weighted-average grant date fair value per option $ — $ — $ — In addition to stock options, the Company issues time-based and performance-based RSUs to certain officers and key executives under various plans. The RSUs automatically convert to shares of common stock on a one -for-one basis as the awards vest. The time-based RSUs typically vest over a three year vesting period beginning 12 months from the grant date and thereafter annually on the anniversary of the grant date. The performance-based RSUs vest over the performance period which is currently the calendar year. There were 346 thousand shares of common stock issued upon vesting of RSUs during 2016 , net of 190 thousand shares surrendered to satisfy tax obligations. The Company measures the value of RSUs at fair value based on the closing price of the underlying common stock on the grant date. The Company amortizes the fair value of outstanding RSUs as stock-based compensation expense over the requisite service period on a straight-line basis, or sooner if the employee effectively vests upon termination of employment under certain circumstances. For performance-based RSUs, compensation expense is recognized to the extent that the satisfaction of the performance condition is considered probable. A summary of RSUs granted follows (RSUs in thousands): Year Ended December 31, 2016 2015 2014 RSUs granted 901 463 805 Weighted-average grant date price per unit $ 60.55 $ 86.84 $ 92.28 As of December 31, 2016 , the total pretax compensation cost not yet recognized by the Company with regard to unvested RSUs was $ 32 . The weighted-average period over which this compensation cost is expected to be recognized is 1.9 years. A summary of RSU activity for the year ended December 31, 2016 follows (RSUs in thousands): Stock Units Weighted-Average Nonvested as of December 31, 2015 530 $ 81.94 Granted 901 60.55 Vested (645 ) 64.62 Forfeited (35 ) 79.19 Nonvested as of December 31, 2016 751 $ 71.29 The total fair value of RSUs vested during the fiscal years ended December 31, 2016 , 2015 and 2014 was $ 39 , $ 84 , and $ 54 , respectively. Stockholders’ Rights Plan. Our stockholders' rights plan expired in accordance with its terms on September 27, 2011. Our board of directors elected not to renew or extend the plan.

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	Quarterly Financial Information (Unaudited) First Second Third Fourth Full For the year ended December 31, 2016 (1): Total revenues $ 1,310 $ 1,421 $ 1,508 $ 1,523 $ 5,762 Gross profit 500 590 656 657 2,403 Operating income 254 347 412 402 1,415 Net income 92 134 187 153 566 Earnings per share—basic 1.01 1.52 2.18 1.82 6.49 Earnings per share—diluted (3) 1.01 1.52 2.16 1.80 6.45 For the year ended December 31, 2015 (2): Total revenues $ 1,315 $ 1,429 $ 1,550 $ 1,523 $ 5,817 Gross profit 524 618 690 648 2,480 Operating income 300 375 446 397 1,518 Net income 115 86 215 169 585 Earnings per share—basic 1.19 0.89 2.28 1.82 6.14 Earnings per share—diluted (3) 1.16 0.88 2.25 1.81 6.07 (1) The fourth quarter of 2016 includes $ 6 of restructuring charges associated with the restructuring program we initiated in the fourth quarter of 2015 and closed in the fourth quarter of 2016, which is discussed further in note 4 to our consolidated financial statements. Additionally, as discussed in note 11 to our consolidated financial statements, in the fourth quarter of 2016 , we redeemed $ 850 principal amount of our 7 5 / 8 percent Senior Notes due 2022 and issued $ 750 principal amount of 5 1 / 2 percent Senior Notes due 2027. Upon the partial redemption of the 7 5 / 8 percent Senior Notes due 2022, we recognized a loss of $ 65 in interest expense, net. The loss represented the difference between the net carrying amount and the total purchase price of the redeemed notes. (2) The fourth quarter of 2015 included a decrease in stock compensation, net of $14 as compared to the fourth quarter of 2014 primarily due to lower than expected revenue and profitability. Additionally, as discussed in note 4 to our consolidated financial statements, in the fourth quarter of 2015, we initiated a restructuring program in response to recent challenges in our operating environment. Though we expected solid industry growth in 2016, the restructuring program was initiated in an effort to reduce costs in an environment with continuing pressures on volume and pricing. We recognized $4 of costs for the program in the fourth quarter of 2015. The program was completed in the fourth quarter of 2016. Additionally, during the fourth quarter of 2015, we reached agreement on a settlement that provided us with a $5 refund on previously paid property taxes. We recognized a reduction of $5 in cost of equipment rentals, excluding depreciation, associated with the settlement during the fourth quarter of 2015. Additionally, our provision for income taxes for the fourth quarter of 2015 includes the impact of a $5 increase in valuation allowances resulting from the enactment of Connecticut state limitations on net operating loss utilization. (3) Diluted earnings per share includes the after-tax impacts of the following: First Second Third Fourth Full For the year ended December 31, 2016: Merger related intangible asset amortization (5) $ (0.30 ) $ (0.28 ) $ (0.28 ) $ (0.29 ) $ (1.12 ) Impact of the fair value mark-up of acquired RSC fleet (7) (0.06 ) (0.06 ) (0.05 ) (0.06 ) (0.25 ) Impact on interest expense related to fair value adjustment of acquired RSC indebtedness (8) — — — — 0.01 Restructuring charge (9) (0.01 ) (0.02 ) (0.02 ) (0.05 ) (0.11 ) Asset impairment charge (11) (0.02 ) — — — (0.03 ) Loss on extinguishment of debt securities and amendment of ABL facility — (0.18 ) (0.07 ) (0.47 ) (0.70 ) For the year ended December 31, 2015: Merger related costs (4) $ 0.17 $ — $ — $ — $ 0.17 Merger related intangible asset amortization (5) (0.32 ) (0.27 ) (0.28 ) (0.28 ) (1.15 ) Impact on depreciation related to acquired RSC fleet and property and equipment (6) 0.01 — — — 0.02 Impact of the fair value mark-up of acquired RSC fleet (7) (0.04 ) (0.04 ) (0.04 ) (0.07 ) (0.19 ) Impact on interest expense related to fair value adjustment of acquired RSC indebtedness (8) 0.01 — — — 0.02 Restructuring charge (9) — — — (0.03 ) (0.04 ) Loss on extinguishment of debt securities (0.01 ) (0.76 ) — — (0.78 ) (4) This reflects transaction costs associated with the National Pump acquisition discussed above. The income during the year ended December 31, 2015 reflects a decline in the fair value of the contingent cash consideration component of the National Pump purchase price. (5) This reflects the amortization of the intangible assets acquired in the RSC and National Pump acquisitions. (6) This reflects the impact of extending the useful lives of equipment acquired in the RSC acquisition, net of the impact of additional depreciation associated with the fair value mark-up of such equipment. (7) This reflects additional costs recorded in cost of rental equipment sales associated with the fair value mark-up of rental equipment acquired in the RSC acquisition and subsequently sold. (8) This reflects a reduction of interest expense associated with the fair value mark-up of debt acquired in the RSC acquisition. (9) As discussed in note 4 to our consolidated financial statements, this reflects severance costs and branch closure charges associated with our restructuring programs.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period. The following table sets forth the computation of basic and diluted earnings per share (shares in thousands): Year Ended December 31, 2016 2015 2014 Numerator: Net income available to common stockholders $ 566 $ 585 $ 540 Denominator: Denominator for basic earnings per share—weighted-average common shares 87,217 95,170 97,489 Effect of dilutive securities: Employee stock options and warrants 277 300 394 4 percent Convertible Senior Notes — 660 6,386 Restricted stock units 281 249 687 Denominator for diluted earnings per share—adjusted weighted-average common shares 87,775 96,379 104,956 Basic earnings per share $ 6.49 $ 6.14 $ 5.54 Diluted earnings per share $ 6.45 $ 6.07 $ 5.15

Condensed Consolidating Financi

Condensed Consolidating Financial Information of Guarantor Subsidiaries	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Financial Information of Guarantor Subsidiaries	Condensed Consolidating Financial Information of Guarantor Subsidiaries URNA is 100 percent owned by Holdings (“Parent”) and, as of December 31, 2016 and/or December 31, 2015 , had outstanding (i) certain indebtedness that is guaranteed by both Parent and, with the exception of its U.S. special purpose vehicle which holds receivable assets relating to the Company’s accounts receivable securitization facility (the “SPV”), all of URNA’s U.S. subsidiaries (the “guarantor subsidiaries”) and (ii) certain indebtedness that was guaranteed only by the guarantor subsidiaries (specifically, the 8 1 / 4 percent Senior Notes). As discussed in note 11 to the consolidated financial statements, in 2016, all of the 8 1 / 4 percent Senior Notes were redeemed. Other than the guarantee by certain Canadian subsidiaries of URNA's indebtedness under the ABL facility, none of URNA’s indebtedness is guaranteed by URNA's foreign subsidiaries or the SPV (together, the “non-guarantor subsidiaries”). The receivable assets owned by the SPV have been sold or contributed by URNA to the SPV and are not available to satisfy the obligations of URNA or Parent’s other subsidiaries. The guarantor subsidiaries are all 100 percent -owned and the guarantees are made on a joint and several basis. The guarantees are not full and unconditional because a guarantor subsidiary can be automatically released and relieved of its obligations under certain circumstances, including sale of the guarantor subsidiary, the sale of all or substantially all of the guarantor subsidiary's assets, the requirements for legal defeasance or covenant defeasance under the applicable indenture being met or designating the guarantor subsidiary as an unrestricted subsidiary for purposes of the applicable covenants. The guarantees are also subject to subordination provisions (to the same extent that the obligations of the issuer under the relevant notes are subordinated to other debt of the issuer) and to a standard limitation which provides that the maximum amount guaranteed by each guarantor will not exceed the maximum amount that can be guaranteed without making the guarantee void under fraudulent conveyance laws. Based on our understanding of Rule 3-10 of Regulation S-X ("Rule 3-10"), we believe that the guarantees of the guarantor subsidiaries comply with the conditions set forth in Rule 3-10 and therefore continue to utilize Rule 3-10 to present condensed consolidating financial information for Holdings, URNA, the guarantor subsidiaries and the non-guarantor subsidiaries. Separate consolidated financial statements of the guarantor subsidiaries have not been presented because management believes that such information would not be material to investors. However, condensed consolidating financial information is presented. URNA covenants in the ABL facility, accounts receivable securitization facility and the other agreements governing our debt impose operating and financial restrictions on URNA, Parent and the guarantor subsidiaries, including limitations on the ability to make share repurchases and dividend payments. As of December 31, 2016 , the amount available for distribution under the most restrictive of these covenants was $ 377 . The Company’s total available capacity for making share repurchases and dividend payments includes the intercompany receivable balance of Parent. As of December 31, 2016 , our total available capacity for making share repurchases and dividend payments, which includes URNA’s capacity to make restricted payments and the intercompany receivable balance of Parent, was $ 713 . The condensed consolidating financial information of Parent and its subsidiaries is as follows: CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2016 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total ASSETS Cash and cash equivalents $ — $ 21 $ — $ 291 $ — $ — $ 312 Accounts receivable, net — 38 — 96 786 — 920 Intercompany receivable (payable) 336 (137 ) (188 ) (115 ) — 104 — Inventory — 61 — 7 — — 68 Prepaid expenses and other assets 5 51 — 5 — — 61 Total current assets 341 34 (188 ) 284 786 104 1,361 Rental equipment, net — 5,709 — 480 — — 6,189 Property and equipment, net 38 326 26 40 — — 430 Investments in subsidiaries 1,292 1,013 978 — — (3,283 ) — Goodwill — 3,013 — 247 — — 3,260 Other intangibles, net — 686 — 56 — — 742 Other long-term assets — 6 — — — — 6 Total assets $ 1,671 $ 10,787 $ 816 $ 1,107 $ 786 $ (3,179 ) $ 11,988 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Short-term debt and current maturities of long-term debt $ 1 $ 25 $ — $ 3 $ 568 $ — $ 597 Accounts payable — 217 — 26 — — 243 Accrued expenses and other liabilities — 305 13 25 1 — 344 Total current liabilities 1 547 13 54 569 — 1,184 Long-term debt 2 7,076 111 4 — — 7,193 Deferred taxes 20 1,805 — 71 — — 1,896 Other long-term liabilities — 67 — — — — 67 Total liabilities 23 9,495 124 129 569 — 10,340 Total stockholders’ equity (deficit) 1,648 1,292 692 978 217 (3,179 ) 1,648 Total liabilities and stockholders’ equity (deficit) $ 1,671 $ 10,787 $ 816 $ 1,107 $ 786 $ (3,179 ) $ 11,988 CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2015 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total ASSETS Cash and cash equivalents $ — $ 18 $ — $ 161 $ — $ — $ 179 Accounts receivable, net — 41 — 104 785 — 930 Intercompany receivable (payable) 144 40 (176 ) (109 ) — 101 — Inventory — 62 — 7 — — 69 Prepaid expenses and other assets — 98 — 18 — — 116 Total current assets 144 259 (176 ) 181 785 101 1,294 Rental equipment, net — 5,657 — 529 — — 6,186 Property and equipment, net 45 334 20 46 — — 445 Investments in subsidiaries 1,307 958 924 — — (3,189 ) — Goodwill — 3,000 — 243 — — 3,243 Other intangibles, net — 838 — 67 — — 905 Other long-term assets 3 7 — — — — 10 Total assets $ 1,499 $ 11,053 $ 768 $ 1,066 $ 785 $ (3,088 ) $ 12,083 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Short-term debt and current maturities of long-term debt $ 1 $ 34 $ — $ — $ 572 $ — $ 607 Accounts payable — 237 — 34 — — 271 Accrued expenses and other liabilities — 314 14 27 — — 355 Total current liabilities 1 585 14 61 572 — 1,233 Long-term debt 4 7,430 110 11 — — 7,555 Deferred taxes 18 1,677 — 70 — — 1,765 Other long-term liabilities — 54 — — — — 54 Total liabilities 23 9,746 124 142 572 — 10,607 Total stockholders’ equity (deficit) 1,476 1,307 644 924 213 (3,088 ) 1,476 Total liabilities and stockholders’ equity (deficit) $ 1,499 $ 11,053 $ 768 $ 1,066 $ 785 $ (3,088 ) $ 12,083 CONDENSED CONSOLIDATING STATEMENTS OF INCOME For the Year Ended December 31, 2016 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Revenues: Equipment rentals $ — $ 4,524 $ — $ 417 $ — $ — $ 4,941 Sales of rental equipment — 444 — 52 — — 496 Sales of new equipment — 129 — 15 — — 144 Contractor supplies sales — 68 — 11 — — 79 Service and other revenues — 87 — 15 — — 102 Total revenues — 5,252 — 510 — — 5,762 Cost of revenues: Cost of equipment rentals, excluding depreciation — 1,669 — 193 — — 1,862 Depreciation of rental equipment — 900 — 90 — — 990 Cost of rental equipment sales — 265 — 27 — — 292 Cost of new equipment sales — 107 — 12 — — 119 Cost of contractor supplies sales — 47 — 8 — — 55 Cost of service and other revenues — 35 — 6 — — 41 Total cost of revenues — 3,023 — 336 — — 3,359 Gross profit — 2,229 — 174 — — 2,403 Selling, general and administrative expenses 43 579 — 72 25 — 719 Restructuring charge — 7 — 7 — — 14 Non-rental depreciation and amortization 15 216 — 24 — — 255 Operating (loss) income (58 ) 1,427 — 71 (25 ) — 1,415 Interest (income) expense, net (6 ) 509 3 2 8 (5 ) 511 Other (income) expense, net (471 ) 521 — 40 (95 ) — (5 ) Income (loss) before provision for income taxes 419 397 (3 ) 29 62 5 909 Provision for income taxes 154 157 — 8 24 — 343 Income (loss) before equity in net earnings (loss) of subsidiaries 265 240 (3 ) 21 38 5 566 Equity in net earnings (loss) of subsidiaries 301 61 21 — — (383 ) — Net income (loss) 566 301 18 21 38 (378 ) 566 Other comprehensive income (loss) 32 32 28 22 — (82 ) 32 Comprehensive income (loss) $ 598 $ 333 $ 46 $ 43 $ 38 $ (460 ) $ 598 CONDENSED CONSOLIDATING STATEMENTS OF INCOME For the Year Ended December 31, 2015 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Revenues: Equipment rentals $ — $ 4,452 $ — $ 497 $ — $ — $ 4,949 Sales of rental equipment — 480 — 58 — — 538 Sales of new equipment — 137 — 20 — — 157 Contractor supplies sales — 69 — 10 — — 79 Service and other revenues — 80 — 14 — — 94 Total revenues — 5,218 — 599 — — 5,817 Cost of revenues: Cost of equipment rentals, excluding depreciation — 1,603 — 223 — — 1,826 Depreciation of rental equipment — 881 — 95 — — 976 Cost of rental equipment sales — 279 — 32 — — 311 Cost of new equipment sales — 115 — 16 — — 131 Cost of contractor supplies sales — 48 — 7 — — 55 Cost of service and other revenues — 33 — 5 — — 38 Total cost of revenues — 2,959 — 378 — — 3,337 Gross profit — 2,259 — 221 — — 2,480 Selling, general and administrative expenses 5 596 1 79 33 — 714 Merger related costs — (26 ) — — — — (26 ) Restructuring charge — 5 — 1 — — 6 Non-rental depreciation and amortization 15 228 1 24 — — 268 Operating (loss) income (20 ) 1,456 (2 ) 117 (33 ) — 1,518 Interest (income) expense, net (3 ) 559 8 3 5 (5 ) 567 Other (income) expense, net (471 ) 513 — 44 (98 ) — (12 ) Income (loss) before provision (benefit) for income taxes 454 384 (10 ) 70 60 5 963 Provision (benefit) for income taxes 201 141 (5 ) 18 23 — 378 Income (loss) before equity in net earnings (loss) of subsidiaries 253 243 (5 ) 52 37 5 585 Equity in net earnings (loss) of subsidiaries 332 89 52 — — (473 ) — Net income (loss) 585 332 47 52 37 (468 ) 585 Other comprehensive (loss) income (176 ) (176 ) (175 ) (139 ) — 490 (176 ) Comprehensive income (loss) $ 409 $ 156 $ (128 ) $ (87 ) $ 37 $ 22 $ 409 CONDENSED CONSOLIDATING STATEMENTS OF INCOME For the Year Ended December 31, 2014 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Revenues: Equipment rentals $ — $ 4,217 $ — $ 602 $ — $ — $ 4,819 Sales of rental equipment — 478 — 66 — — 544 Sales of new equipment — 124 — 25 — — 149 Contractor supplies sales — 70 — 15 — — 85 Service and other revenues — 73 — 15 — — 88 Total revenues — 4,962 — 723 — — 5,685 Cost of revenues: Cost of equipment rentals, excluding depreciation — 1,558 — 248 — — 1,806 Depreciation of rental equipment — 820 — 101 — — 921 Cost of rental equipment sales — 277 — 38 — — 315 Cost of new equipment sales — 101 — 19 — — 120 Cost of contractor supplies sales — 49 — 10 — — 59 Cost of service and other revenues — 27 — 5 — — 32 Total cost of revenues — 2,832 — 421 — — 3,253 Gross profit — 2,130 — 302 — — 2,432 Selling, general and administrative expenses 55 607 3 84 9 — 758 Merger related costs — 11 — — — — 11 Restructuring charge — (1 ) — — — — (1 ) Non-rental depreciation and amortization 17 226 1 29 — — 273 Operating (loss) income (72 ) 1,287 (4 ) 189 (9 ) — 1,391 Interest expense (income), net 9 538 5 4 5 (6 ) 555 Other (income) expense, net (1) (149 ) 212 (3 ) 17 (91 ) — (14 ) Income (loss) before provision for income taxes 68 537 (6 ) 168 77 6 850 Provision for income taxes 1 236 — 43 30 — 310 Income (loss) before equity in net earnings (loss) of subsidiaries 67 301 (6 ) 125 47 6 540 Equity in net earnings (loss) of subsidiaries 473 172 125 — — (770 ) — Net income (loss) 540 473 119 125 47 (764 ) 540 Other comprehensive (loss) income (93 ) (93 ) (90 ) (72 ) — 255 (93 ) Comprehensive income (loss) $ 447 $ 380 $ 29 $ 53 $ 47 $ (509 ) $ 447 (1) In 2015, the amount of royalties Holdings receives from URNA and its subsidiaries was adjusted as discussed above (see Item 7- Management’s Discussion and Analysis of Financial Condition and Results of Operations- Liquidity and Capital Resources- Relationship between Holdings and URNA). Other (income) expense, net for 2014 reflects the lower royalty rate that was used in 2014. CONDENSED CONSOLIDATING CASH FLOW INFORMATION For the Year Ended December 31, 2016 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Net cash provided by (used in) operating activities $ 9 $ 1,774 $ (3 ) $ 136 $ 37 $ — $ 1,953 Net cash used in investing activities (9 ) (844 ) — (6 ) — — (859 ) Net cash (used in) provided by financing activities — (927 ) 3 (3 ) (37 ) — (964 ) Effect of foreign exchange rates — — — 3 — — 3 Net increase in cash and cash equivalents — 3 — 130 — — 133 Cash and cash equivalents at beginning of period — 18 — 161 — — 179 Cash and cash equivalents at end of period $ — $ 21 $ — $ 291 $ — $ — $ 312 CONDENSED CONSOLIDATING CASH FLOW INFORMATION For the Year Ended December 31, 2015 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Net cash provided by (used in) operating activities $ 13 $ 1,804 $ (3 ) $ 170 $ 11 $ — $ 1,995 Net cash used in investing activities (13 ) (1,035 ) — (122 ) — — (1,170 ) Net cash (used in) provided by financing activities — (759 ) 3 (8 ) (11 ) — (775 ) Effect of foreign exchange rates — — — (29 ) — — (29 ) Net increase in cash and cash equivalents — 10 — 11 — — 21 Cash and cash equivalents at beginning of period — 8 — 150 — — 158 Cash and cash equivalents at end of period $ — $ 18 $ — $ 161 $ — $ — $ 179 CONDENSED CONSOLIDATING CASH FLOW INFORMATION For the Year Ended December 31, 2014 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Net cash provided by (used in) operating activities $ 13 $ 1,644 $ 4 $ 223 $ (83 ) $ — $ 1,801 Net cash used in investing activities (13 ) (1,773 ) — (214 ) — — (2,000 ) Net cash provided by (used in) financing activities — 120 (4 ) (3 ) 83 — 196 Effect of foreign exchange rate — — — (14 ) — — (14 ) Net decrease in cash and cash equivalents — (9 ) — (8 ) — — (17 ) Cash and cash equivalents at beginning of period — 17 — 158 — — 175 Cash and cash equivalents at end of period $ — $ 8 $ — $ 150 $ — $ — $ 158

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On January 25, 2017, we entered into a definitive merger agreement with NES Rentals Holdings II, Inc. (“NES ”), pursuant to which we have agreed to acquire NES in an all cash transaction. The aggregate merger consideration paid to holders of NES common stock and options is expected to be approximately $ 965 . The merger and related fees and expenses will be funded through available cash, drawings on current debt facilities and new debt issuances. NES is a provider of rental equipment with 73 branches located throughout the eastern half of the U.S., and had approximately 1,100 employees and approximately $ 900 of rental assets at original equipment cost as of December 31, 2016. NES has annual revenues of approximately $ 369 . The proposed merger is subject to Hart-Scott-Rodino antitrust clearance and customary conditions. We expect the merger to close early in the second quarter of 2017.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2016
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS UNITED RENTALS, INC. (In millions) Description Balance at Charged to Deductions Balance Year ended December 31, 2016: Allowance for doubtful accounts $ 55 $ 24 $ 25 (a) $ 54 Reserve for obsolescence and shrinkage 4 17 18 (b) 3 Self-insurance reserve 90 108 104 (c) 94 Year ended December 31, 2015: Allowance for doubtful accounts $ 43 $ 32 $ 20 (a) $ 55 Reserve for obsolescence and shrinkage 3 18 17 (b) 4 Self-insurance reserve 92 110 112 (c) 90 Year ended December 31, 2014: Allowance for doubtful accounts $ 49 $ 13 $ 19 (a) $ 43 Reserve for obsolescence and shrinkage 3 18 18 (b) 3 Self-insurance reserve 94 105 107 (c) 92 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) Represents write-offs of accounts, net of recoveries. (b) Represents write-offs. (c) Represents payments.

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Cash Equivalents	Cash Equivalents We consider all highly liquid instruments with maturities of three months or less when purchased to be cash equivalents. Our cash equivalents at December 31, 2016 consist of direct obligations of financial institutions rated A or better .
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts We maintain allowances for doubtful accounts. These allowances reflect our estimate of the amount of our receivables that we will be unable to collect based on historical write-off experience. Our estimate could require change based on changing circumstances, including changes in the economy or in the particular circumstances of individual customers. Accordingly, we may be required to increase or decrease our allowances. Trade receivables that have contractual maturities of one year or less are written-off when they are determined to be uncollectible based on the criteria necessary to qualify as a deduction for federal tax purposes. Write-offs of such receivables require management approval based on specified dollar thresholds.
Inventory	Inventory Inventory consists of new equipment, contractor supplies, tools, parts, fuel and related supply items. Inventory is stated at the lower of cost or market. Cost is determined, depending on the type of inventory, using either a specific identification, weighted-average or first-in, first-out method.
Rental Equipment and Property and Equipment	Rental Equipment Rental equipment, which includes service and delivery vehicles, is recorded at cost and depreciated over the estimated useful life of the equipment using the straight-line method. The range of estimated useful lives for rental equipment is two to 12 years. Rental equipment is depreciated to a salvage value of zero to 10 percent of cost. Rental equipment is depreciated whether or not it is out on rent. Costs we incur in connection with refurbishment programs that extend the life of our equipment are capitalized and amortized over the remaining useful life of the equipment. The costs incurred under these refurbishment programs were $18 , $30 and $39 for the years ended December 31, 2016 , 2015 and 2014 , respectively, and are included in purchases of rental equipment in our consolidated statements of cash flows. Ordinary repair and maintenance costs are charged to operations as incurred. Repair and maintenance costs are included in cost of revenues on our consolidated statements of income. Repair and maintenance expense (including both labor and parts) for our rental equipment was $629 , $628 and $604 for the years ended December 31, 2016 , 2015 and 2014 , respectively. Property and Equipment Property and equipment are recorded at cost and depreciated over their estimated useful lives using the straight-line method. The range of estimated useful lives for property and equipment is two to 39 years. Ordinary repair and maintenance costs are charged to expense as incurred. Leasehold improvements are amortized using the straight-line method over their estimated useful lives or the remaining life of the lease, whichever is shorter.
Acquisition Accounting	Acquisition Accounting We have made a number of acquisitions in the past and may continue to make acquisitions in the future. The assets acquired and liabilities assumed are recorded based on their respective fair values at the date of acquisition. Long-lived assets (principally rental equipment), goodwill and other intangible assets generally represent the largest components of our acquisitions. The intangible assets that we have acquired are non-compete agreements, customer relationships and trade names and associated trademarks. Goodwill is calculated as the excess of the cost of the acquired entity over the net of the fair value of the assets acquired and the liabilities assumed. Non-compete agreements, customer relationships and trade names and associated trademarks are valued based on an excess earnings or income approach based on projected cash flows. When we make an acquisition, we also acquire other assets and assume liabilities. These other assets and liabilities typically include, but are not limited to, parts inventory, accounts receivable, accounts payable and other working capital items. Because of their short-term nature, the fair values of these other assets and liabilities generally approximate the book values on the acquired entities' balance sheets.
Evaluation of Goodwill Impairment	Evaluation of Goodwill Impairment Goodwill is tested for impairment annually or more frequently if an event or circumstance indicates that an impairment loss may have been incurred. Application of the goodwill impairment test requires judgment, including: the identification of reporting units; assignment of assets and liabilities to reporting units; assignment of goodwill to reporting units; determination of the fair value of each reporting unit; and an assumption as to the form of the transaction in which the reporting unit would be acquired by a market participant (either a taxable or nontaxable transaction). We estimate the fair value of our reporting units (which are our regions) using a combination of an income approach based on the present value of estimated future cash flows and a market approach based on market price data of shares of our Company and other corporations engaged in similar businesses as well as acquisition multiples paid in recent transactions within our industry (including our own acquisitions). We believe this approach, which utilizes multiple valuation techniques, yields the most appropriate evidence of fair value. We review goodwill for impairment utilizing a two-step process. The first step of the impairment test requires a comparison of the fair value of each of our reporting units' net assets to the respective carrying value of net assets. If the carrying value of a reporting unit's net assets is less than its fair value, no indication of impairment exists and a second step is not performed. If the carrying amount of a reporting unit's net assets is higher than its fair value, there is an indication that an impairment may exist and a second step must be performed. In the second step, the impairment is calculated by comparing the implied fair value of the reporting unit's goodwill (as if purchase accounting were performed on the testing date) with the carrying amount of the goodwill. If the carrying amount of the reporting unit's goodwill is greater than the implied fair value of its goodwill, an impairment loss must be recognized for the excess and charged to operations. Financial Accounting Standards Board ("FASB") guidance permits entities to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test.
Restructuring Charges	Restructuring Charges Costs associated with exit or disposal activities, including lease termination costs and certain employee severance costs associated with restructuring, branch closings or other activities, are recognized at fair value when they are incurred.
Other Intangible Assets	Other Intangible Assets Other intangible assets consist of non-compete agreements, customer relationships and trade names and associated trademarks. The non-compete agreements are being amortized on a straight-line basis over initial periods of approximately 5 years. The customer relationships are being amortized either using the sum of the years' digits method or on a straight-line basis over initial periods ranging from 7 to 15 years. The trade names and associated trademarks are being amortized using the sum of the years' digits method over an initial period of 5 years. We believe that the amortization methods used reflect the estimated pattern in which the economic benefits will be consumed.
Long-Lived Assets	Long-Lived Assets Long-lived assets are recorded at the lower of amortized cost or fair value. As part of an ongoing review of the valuation of long-lived assets, we assess the carrying value of such assets if facts and circumstances suggest they may be impaired. If this review indicates the carrying value of such an asset may not be recoverable, as determined by an undiscounted cash flow analysis over the remaining useful life, the carrying value would be reduced to its estimated fair value.
Translation of Foreign Currency	Translation of Foreign Currency Assets and liabilities of our Canadian subsidiaries that have a functional currency other than U.S. dollars are translated into U.S. dollars using exchange rates at the balance sheet date. Revenues and expenses are translated at average exchange rates effective during the year. Foreign currency translation gains and losses are included as a component of accumulated other comprehensive (loss) income within stockholders’ equity.
Revenue Recognition	Revenue Recognition Our rental contract periods are hourly , daily, weekly or monthly and we recognize revenues from renting equipment on a straight-line basis. As part of this straight-line methodology, when the equipment is returned, we recognize as incremental revenue the excess, if any, between the amount the customer is contractually required to pay over the cumulative amount of revenue recognized to date. We record amounts billed to customers in excess of recognizable revenue as deferred revenue on our balance sheet. We had deferred revenue of $33 and $32 as of December 31, 2016 and 2015 , respectively. Equipment rentals include our revenues from renting equipment, as well as revenue related to the fees we charge customers: for equipment delivery and pick-up; to protect the customer against liability for damage to our equipment while on rent; and for fuel. Delivery and pick-up revenue is recognized when the service is performed. Customers have the option of purchasing a damage waiver when they rent our equipment to protect against potential loss or damage; we refer to the fee we charge for the waiver as Rental Protection Plan (or "RPP") revenue. RPP revenue is recognized ratably over the contract term. Fees related to the consumption of fuel by our customers are recognized when the equipment is returned by the customer (and consumption, if any, can be measured). Revenues from the sale of rental equipment and new equipment are recognized at the time of delivery to, or pick-up by, the customer and when collectibility is reasonably assured. Sales of contractor supplies are also recognized at the time of delivery to, or pick-up by, the customer. Service revenue is recognized as the services are performed. Sales tax amounts collected from customers are recorded on a net basis.
Delivery Expense	Delivery Expense Equipment rentals include our revenues from fees we charge for equipment delivery. Delivery costs are charged to operations as incurred, and are included in cost of revenues on our consolidated statements of income.
Advertising Expense	Advertising Expense We promote our business through local and national advertising in various media, including television, trade publications, branded sponsorships, yellow pages, the Internet, radio and direct mail. Advertising costs are generally expensed as incurred. These costs may include the development costs for branded content and advertising campaigns.
Advertising Reimbursements	We receive reimbursements for advertising that promotes a vendor’s products or services. Such reimbursements that meet the applicable criteria under U.S. generally accepted accounting principles (“GAAP”) are offset against advertising costs in the period in which we recognize the incremental advertising cost.
Insurance	Insurance We are insured for general liability, workers’ compensation and automobile liability, subject to deductibles or self-insured retentions per occurrence. Losses within the deductible amounts are accrued based upon the aggregate liability for reported claims incurred, as well as an estimated liability for claims incurred but not yet reported. These liabilities are not discounted. The Company is also self-insured for group medical claims but purchases “stop loss” insurance to protect itself from any one significant loss.
Income Taxes	Income Taxes We use the liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statement and tax bases of assets and liabilities and are measured using the tax rates and laws that are expected to be in effect when the differences are expected to reverse. Recognition of deferred tax assets is limited to amounts considered by management to be more likely than not to be realized in future periods. The most significant positive evidence that we consider in the recognition of deferred tax assets is the expected reversal of cumulative deferred tax liabilities resulting from book versus tax depreciation of our rental equipment fleet that is well in excess of the deferred tax assets. We use a two-step approach for recognizing and measuring tax benefits taken or expected to be taken in a tax return regarding uncertainties in income tax positions. The first step is recognition: we determine whether it is more likely than not that a tax position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. In evaluating whether a tax position has met the more-likely-than-not recognition threshold, we presume that the position will be examined by the appropriate taxing authority with full knowledge of all relevant information. The second step is measurement: a tax position that meets the more-likely-than-not recognition threshold is measured to determine the amount of benefit to recognize in the financial statements. The tax position is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Differences between tax positions taken in a tax return and amounts recognized in the financial statements will generally result in one or more of the following: an increase in a liability for income taxes payable, a reduction of an income tax refund receivable, a reduction in a deferred tax asset or an increase in a deferred tax liability.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates impact the calculation of the allowance for doubtful accounts, depreciation and amortization, income taxes, reserves for claims, loss contingencies (including legal contingencies) and the fair values of financial instruments. Actual results could materially differ from those estimates.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject us to significant concentrations of credit risk include cash and cash equivalents and accounts receivable. We maintain cash and cash equivalents with high quality financial institutions. Concentration of credit risk with respect to receivables is limited because a large number of geographically diverse customers makes up our customer base. Our largest customer accounted for less than one percent of total revenues in each of 2016 , 2015 , and 2014 . Our customer with the largest receivable balance represented approximately two percent and one percent of total receivables at December 31, 2016 and 2015 , respectively. We manage credit risk through credit approvals, credit limits and other monitoring procedures.
Stock-Based Compensation	Stock-Based Compensation We measure stock-based compensation at the grant date based on the fair value of the award and recognize stock-based compensation expense over the requisite service period. Determining the fair value of stock option awards requires judgment, including estimating stock price volatility, forfeiture rates and expected option life. Restricted stock awards are valued based on the fair value of the stock on the grant date and the related compensation expense is recognized over the service period. Similarly, for time-based restricted stock awards subject to graded vesting, we recognize compensation cost on a straight-line basis over the requisite service period. For performance-based restricted stock units ("RSUs"), compensation expense is recognized if satisfaction of the performance condition is considered probable. We classify cash flows from tax benefits resulting from tax deductions in excess of the compensation cost recognized for stock-based awards (“excess tax benefits”) as financing cash flows.
New Accounting Pronouncements	New Accounting Pronouncements Revenue from Contracts with Customers . In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance to clarify the principles for recognizing revenue. This guidance includes the required steps to achieve the core principle that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB has agreed to a one-year deferral of the original effective date of this guidance and as a result it will be effective for fiscal years and interim periods beginning after December 15, 2017. The FASB's update allows entities to apply the new guidance as of the original effective date (for fiscal years and interim periods beginning after December 15, 2016). We expect to adopt this guidance when effective, and the impact on our financial statements is not currently estimable. Leases . In March 2016, the FASB issued guidance (“Topic 842”) to increase transparency and comparability among organizations by requiring i) recognition of lease assets and lease liabilities on the balance sheet and ii) disclosure of key information about leasing arrangements. The accounting applied by lessors under Topic 842 is largely unchanged from previous GAAP. Some changes to the lessor accounting guidance were made to align both of the following: i) the lessor accounting guidance with certain changes made to the lessee accounting guidance and ii) key aspects of the lessor accounting model with revenue recognition guidance. Topic 842 will be effective for fiscal years and interim periods beginning after December 15, 2018, and early adoption is permitted. A modified retrospective approach is required for adoption for all leases that exist at or commence after the date of initial application with an option to use certain practical expedients. We are currently assessing whether we will early adopt, and the impact on our financial statements is not currently estimable. Improvements to Employee Share-Based Payment Accounting . In March 2016, the FASB issued guidance to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The guidance will be effective for fiscal years and interim periods beginning after December 15, 2016, and early adoption is permitted. Different components of the guidance require prospective, retrospective and/or modified retrospective adoption. We expect to adopt this guidance when effective, and do not expect the guidance to have a significant impact on our financial statements. Statement of Cash Flows. In August 2016, the FASB issued guidance to reduce the diversity in the presentation of certain cash receipts and cash payments presented and classified in the statement of cash flows. The guidance addresses the following specific cash flow issues: (1) debt prepayment or debt extinguishment costs, (2) settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing, (3) contingent consideration payments made after a business combination, (4) proceeds from the settlement of insurance claims, (5) proceeds from settlement of corporate-owned life insurance policies, including bank-owned life insurance policies, (6) distributions received from equity method investees, (7) beneficial interests in securitization transitions and (8) separately identifiable cash flows and application of predominance principle. The guidance will be effective for fiscal years and interim periods beginning after December 15, 2017, and early adoption is permitted. The guidance requires retrospective adoption. We expect to adopt this guidance when effective, and do not expect the guidance to have a significant impact on our financial statements. The presentation of insurance proceeds received for damage to our equipment is the primary item that we expect to change as a result of this guidance. For the year ended December 31, 2016 , $ 12 of insurance proceeds received for damage to equipment was included in operating activities on our consolidated statements of cash flows. Under the new guidance, these proceeds would be included in investing activities on our consolidated statements of cash flows. Measurement of Credit Losses on Financial Instruments. In June 2016, the FASB issued guidance that will require companies to present assets held at amortized cost and available for sale debt securities net of the amount expected to be collected. The guidance requires the measurement of expected credit losses to be based on relevant information from past events, including historical experiences, current conditions and reasonable and supportable forecasts that affect collectibility. The new guidance will be effective for fiscal years and interim periods beginning after December 15, 2019 and early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Different components of the guidance require modified retrospective and/or prospective adoption. We are currently assessing whether we will early adopt, and the impact on our financial statements is not currently estimable. Intra-Entity Transfers of Assets Other Than Inventory. In October 2016, the FASB issued guidance that will require companies to recognize the income tax effects of intra-entity sales and transfers of assets other than inventory in the period in which the transfer occurs. The new guidance will be effective for fiscal years and interim periods beginning after December 15, 2017 and early adoption is permitted. The guidance requires modified retrospective adoption. We expect to adopt this guidance when effective, and do not expect the guidance to have a significant impact on our financial statements.

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Equipment rental revenue by equipment type	The following table presents the percentage of equipment rental revenue by equipment type for the years ended December 31, 2016 , 2015 and 2014 : Year Ended December 31, 2016 2015 2014 Primarily rented by our general rentals segment: General construction and industrial equipment 43 % 43 % 43 % Aerial work platforms 32 % 32 % 33 % General tools and light equipment 8 % 10 % 10 % Primarily rented by our trench, power and pump segment: Power and HVAC equipment 7 % 6 % 6 % Trench safety equipment 6 % 5 % 5 % Pumps 4 % 4 % 3 %
Financial information by segment	The following table sets forth financial information by segment as of and for the years ended December 31, 2016 , 2015 and 2014 : General Trench, Total 2016 Equipment rentals $ 4,166 $ 775 $ 4,941 Sales of rental equipment 459 37 496 Sales of new equipment 128 16 144 Contractor supplies sales 64 15 79 Service and other revenues 91 11 102 Total revenue 4,908 854 5,762 Depreciation and amortization expense 1,066 179 1,245 Equipment rentals gross profit 1,725 364 2,089 Capital expenditures 1,189 150 1,339 Total assets $ 10,496 $ 1,492 $ 11,988 2015 Equipment rentals $ 4,241 $ 708 $ 4,949 Sales of rental equipment 504 34 538 Sales of new equipment 137 20 157 Contractor supplies sales 67 12 79 Service and other revenues 83 11 94 Total revenue 5,032 785 5,817 Depreciation and amortization expense 1,071 173 1,244 Equipment rentals gross profit 1,819 328 2,147 Capital expenditures 1,439 197 1,636 Total assets $ 10,561 $ 1,522 $ 12,083 2014 Equipment rentals $ 4,222 $ 597 $ 4,819 Sales of rental equipment 519 25 544 Sales of new equipment 113 36 149 Contractor supplies sales 73 12 85 Service and other revenues 75 13 88 Total revenue 5,002 683 5,685 Depreciation and amortization expense 1,060 134 1,194 Equipment rentals gross profit 1,790 302 2,092 Capital expenditures 1,594 227 1,821 Total assets $ 10,597 $ 1,532 $ 12,129
Reconciliation of segment operating income to total Company operating income	The following is a reconciliation of equipment rentals gross profit to income before provision for income taxes: Year Ended December 31, 2016 2015 2014 Total equipment rentals gross profit $ 2,089 $ 2,147 $ 2,092 Gross profit from other lines of business 314 333 340 Selling, general and administrative expenses (719 ) (714 ) (758 ) Merger related costs — 26 (11 ) Restructuring charge (14 ) (6 ) 1 Non-rental depreciation and amortization (255 ) (268 ) (273 ) Interest expense, net (511 ) (567 ) (555 ) Other income, net 5 12 14 Income before provision for income taxes $ 909 $ 963 $ 850
Geographic area information	We operate in the United States and Canada. The following table presents geographic area information for the years ended December 31, 2016 , 2015 and 2014 , except for balance sheet information, which is presented as of December 31, 2016 and 2015 : Domestic Foreign (Canada) Total 2016 Equipment rentals $ 4,524 $ 417 $ 4,941 Sales of rental equipment 444 52 496 Sales of new equipment 129 15 144 Contractor supplies sales 68 11 79 Service and other revenues 87 15 102 Total revenue 5,252 510 5,762 Rental equipment, net 5,709 480 6,189 Property and equipment, net 390 40 430 Goodwill and other intangibles, net $ 3,699 $ 303 $ 4,002 2015 Equipment rentals $ 4,452 $ 497 $ 4,949 Sales of rental equipment 480 58 538 Sales of new equipment 137 20 157 Contractor supplies sales 69 10 79 Service and other revenues 80 14 94 Total revenue 5,218 599 5,817 Rental equipment, net 5,657 529 6,186 Property and equipment, net 399 46 445 Goodwill and other intangibles, net $ 3,838 $ 310 $ 4,148 2014 Equipment rentals $ 4,217 $ 602 $ 4,819 Sales of rental equipment 478 66 544 Sales of new equipment 124 25 149 Contractor supplies sales 70 15 85 Service and other revenues 73 15 88 Total revenue $ 4,962 $ 723 $ 5,685

Restructuring Charges (Tables)

Restructuring Charges (Tables)	12 Months Ended
	Dec. 31, 2016
Closed Restructuring Programs
Restructuring Cost and Reserve [Line Items]
Schedule of restructuring charges	The table below provides certain information concerning our restructuring charges under the closed restructuring programs: Description Beginning Charged to Payments Ending Year ended December 31, 2014: Branch closure charges $ 33 $ (1 ) $ (12 ) $ 20 Severance costs 2 — (2 ) — Total $ 35 $ (1 ) $ (14 ) $ 20 Year ended December 31, 2015: Branch closure charges $ 20 $ 2 $ (9 ) $ 13 Severance costs — — — — Total $ 20 $ 2 $ (9 ) $ 13 Year ended December 31, 2016: Branch closure charges $ 13 $ — $ (5 ) $ 8 Severance costs — — — — Total $ 13 $ — $ (5 ) $ 8 _________________ (1) Reflected in our consolidated statements of income as “Restructuring charge.” The restructuring charges are not allocated to our segments.
2015-2016 Cost Savings Restructuring Program
Restructuring Cost and Reserve [Line Items]
Schedule of restructuring charges	The table below provides certain information concerning our restructuring charges under the 2015/2016 restructuring program: Description Beginning Charged to Payments Ending Year ended December 31, 2015: Branch closure charges $ — $ — $ — $ — Severance costs — 4 (1 ) 3 Total $ — $ 4 $ (1 ) $ 3 Year ended December 31, 2016: Branch closure charges $ — $ 10 $ (2 ) $ 8 Severance costs 3 4 (6 ) 1 Total $ 3 $ 14 $ (8 ) $ 9 _________________ (1) Reflected in our consolidated statements of income as “Restructuring charge.” The restructuring charges are not allocated to our segments.

Rental Equipment (Tables)

Rental Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Rental Equipment
Property, Plant and Equipment [Line Items]
Schedule of rental equipment	Rental equipment consists of the following: December 31, 2016 2015 Rental equipment $ 9,413 $ 9,022 Less accumulated depreciation (3,224 ) (2,836 ) Rental equipment, net $ 6,189 $ 6,186

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property and Equipment
Property, Plant and Equipment [Line Items]
Schedule of property and equipment	Property and equipment consist of the following: December 31, 2016 2015 Land $ 96 $ 98 Buildings 212 226 Non-rental vehicles 93 86 Machinery and equipment 87 78 Furniture and fixtures 188 171 Leasehold improvements 221 212 897 871 Less accumulated depreciation and amortization (467 ) (426 ) Property and equipment, net $ 430 $ 445

Goodwill and Other Intangible34

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in carrying amount of goodwill	The following table presents the changes in the carrying amount of goodwill for each of the three years in the period ended December 31, 2016 : General rentals Trench, Total Balance at January 1, 2014 (1) $ 2,812 $ 141 $ 2,953 Goodwill related to acquisitions (2) 12 330 342 Foreign currency translation and other adjustments (20 ) (3 ) (23 ) Balance at December 31, 2014 (1) 2,804 468 3,272 Goodwill related to acquisitions (2) 16 — 16 Foreign currency translation and other adjustments (34 ) (11 ) (45 ) Balance at December 31, 2015 (1) 2,786 457 3,243 Goodwill related to acquisitions (2) 5 4 9 Foreign currency translation and other adjustments 6 2 8 Balance at December 31, 2016 (1) $ 2,797 $ 463 $ 3,260 _________________ (1) The total carrying amount of goodwill for all periods in the table above is reflected net of $1,557 of accumulated impairment charges, which were primarily recorded in our general rentals segment. (2) Includes goodwill adjustments for the effect on goodwill of changes to net assets acquired during the measurement period, which were not significant to our previously reported operating results or financial condition.
Components of intangible assets	Other intangible assets were comprised of the following at December 31, 2016 and 2015 : December 31, 2016 Weighted-Average Remaining Gross Accumulated Net Non-compete agreements 28 months $ 70 $ 57 $ 13 Customer relationships 10 years $ 1,465 $ 737 $ 728 Trade names and associated trademarks 4 months $ 80 $ 79 $ 1 December 31, 2015 Weighted-Average Remaining Gross Accumulated Net Non-compete agreements 31 months $ 69 $ 44 $ 25 Customer relationships 11 years $ 1,453 $ 583 $ 870 Trade names and associated trademarks 16 months $ 80 $ 70 $ 10
Estimated future amortization expense of intangible assets	As of December 31, 2016 , estimated amortization expense for other intangible assets for each of the next five years and thereafter was as follows: 2017 $ 146 2018 126 2019 111 2020 95 2021 80 Thereafter 184 Total $ 742

Accrued Expenses and Other Li35

Accrued Expenses and Other Liabilities and Other Long-Term Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Summary of accrued expenses and other liabilities	Accrued expenses and other liabilities consist of the following: December 31, 2016 2015 Self-insurance accruals $ 35 $ 43 Accrued compensation and benefit costs 55 41 Property and income taxes payable 23 22 Restructuring reserves (1) 17 16 Interest payable 79 91 Deferred revenue (2) 40 38 National accounts accrual 40 39 Due to seller 2 4 Other (3) 53 61 Accrued expenses and other liabilities $ 344 $ 355 _________________ (1) Relates to branch closure charges and severance costs. See note 4 for additional detail. (2) Primarily relates to amounts billed to customers in excess of recognizable equipment rental revenue. See note 2 (“Revenue Recognition”) for additional detail. (3) Other includes multiple items, none of which are individually significant.
Summary of other long-term liabilities	Other long-term liabilities consist of the following: December 31, 2016 2015 Self-insurance accruals $ 59 $ 47 Accrued compensation and benefit costs 8 7 Other long-term liabilities $ 67 $ 54

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Effect of derivatives on consolidated statements of income	The effect of our derivative instruments on our consolidated statements of income for the years ended December 31, 2016 , 2015 and 2014 was as follows: Location of income Amount of income (expense) Amount of income (expense) Year ended December 31, 2016: Derivatives designated as hedging instruments: Fixed price diesel swaps Other income (expense), net (1) $ * Cost of equipment rentals, excluding (6 ) (23 ) Derivatives not designated as hedging instruments: Foreign currency forward contracts Other income (expense), net (3 ) 3 Year ended December 31, 2015: Derivatives designated as hedging instruments: Fixed price diesel swaps Other income (expense), net (1) $ * Cost of equipment rentals, excluding (7 ) (29 ) Derivatives not designated as hedging instruments: Foreign currency forward contracts Other income (expense), net (5 ) 5 Year ended December 31, 2014: Derivatives designated as hedging instruments: Fixed price diesel swaps Other income (expense), net (1) $ * Cost of equipment rentals, excluding * (40 ) Derivatives not designated as hedging instruments: Foreign currency forward contracts Other income (expense), net (7 ) 7 * Amounts are insignificant (less than $1 ). (1) Represents the ineffective portion of the fixed price diesel swaps. (2) Amounts recognized on derivative represent the effective portion of the fixed price diesel swaps. (3) Amounts recognized on hedged item reflect the use of 10.1 million , 10.6 million and 10.5 million gallons of diesel covered by the fixed price swaps during the years ended December 31, 2016 , 2015 and 2014 , respectively.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Summary of the fair value of financial instruments	The estimated fair values of our other financial instruments at December 31, 2016 and 2015 have been calculated based upon available market information or an appropriate valuation technique, and are as follows: December 31, 2016 December 31, 2015 Carrying Fair Carrying Fair Level 1: Senior and senior subordinated notes $ 5,506 $ 5,715 $ 5,916 $ 6,030 Level 3: Capital leases (1) 71 70 96 95 (1) The fair value of capital leases reflects the present value of the leases using a 7.0 percent interest rate.

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of debt instruments	Debt, net of unamortized original issue discounts or premiums, and unamortized debt issuance costs, consists of the following: December 31, 2016 2015 Accounts Receivable Securitization Facility (1) $ 568 $ 571 $2.5 billion ABL Facility (1) 1,645 1,579 7 3 / 8 percent Senior Notes (2) — 740 8 1 / 4 percent Senior Notes (2) — 315 7 5 / 8 percent Senior Notes due 2022 (2) 469 1,306 6 1 / 8 percent Senior Notes due 2023 936 937 4 5 / 8 percent Senior Secured Notes due 2023 991 989 5 3 / 4 percent Senior Notes due 2024 839 838 5 1 / 2 percent Senior Notes due 2025 792 791 5 7 / 8 percent Senior Notes due 2026 (3) 740 — 5 1 / 2 percent Senior Notes due 2027 (3) 739 — Capital leases 71 96 Total debt 7,790 8,162 Less short-term portion (597 ) (607 ) Total long-term debt $ 7,193 $ 7,555 (1) $809 and $57 were available under our ABL facility and accounts receivable securitization facility, respectively, at December 31, 2016 . The ABL facility availability is reflected net of $36 of letters of credit. At December 31, 2016 , the interest rates applicable to our ABL facility and accounts receivable securitization facility were 2.3 percent and 1.5 percent , respectively. (2) In 2016, we redeemed all of our 7 3 / 8 percent Senior Notes and 8 1 / 4 percent Senior Notes, and $ 850 principal amount of our 7 5 / 8 percent Senior Notes due 2022. Upon redemption, we recognized an aggregate loss of $ 100 in interest expense, net. The loss represented the difference between the net carrying amount and the total purchase price of the redeemed notes. (3) In 2016, URNA issued $ 750 principal amount of 5 7 / 8 percent Senior Notes due 2026 and $ 750 principal amount of 5 1 / 2 percent Senior Notes due 2027. See below for additional detail.
Schedule of the maturities of debt	Maturities of the Company’s debt (exclusive of any unamortized original issue discounts or premiums, and unamortized debt issuance costs) for each of the next five years and thereafter at December 31, 2016 are as follows: 2017 $ 597 2018 21 2019 12 2020 4 2021 1,656 Thereafter 5,553 Total $ 7,843

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of the components of the provision (benefit) for income taxes	The components of the provision for income taxes for each of the three years in the period ended December 31, 2016 are as follows: Year ended December 31, 2016 2015 2014 Current Federal $ 186 $ 13 $ 2 Foreign 10 15 42 State and local 24 14 5 220 42 49 Deferred Federal 119 300 240 Foreign (1 ) 5 2 State and local 5 31 19 123 336 261 Total $ 343 $ 378 $ 310
Schedule of effective income tax rate reconciliation	A reconciliation of the provision for income taxes and the amount computed by applying the statutory federal income tax rate of 35 percent to the income before provision for income taxes for each of the three years in the period ended December 31, 2016 is as follows: Year ended December 31, 2016 2015 2014 Computed tax at statutory tax rate $ 318 $ 337 $ 297 State income taxes, net of federal tax benefit 21 41 22 Non-deductible expenses and other 9 8 8 Foreign taxes (5 ) (8 ) (17 ) Total $ 343 $ 378 $ 310
Schedule of deferred tax assets and liabilities	The components of deferred income tax assets (liabilities) are as follows: December 31, 2016 December 31, 2015 Reserves and allowances $ 103 $ 112 Debt cancellation and other 33 48 Net operating loss and credit carryforwards 28 73 Total deferred tax assets 164 233 Property and equipment (1,820 ) (1,714 ) Intangibles (231 ) (272 ) Valuation allowance (9 ) (12 ) Total deferred tax liability (2,060 ) (1,998 ) Total deferred income tax liability $ (1,896 ) $ (1,765 )
Schedule of unrecognized tax benefits	The following table summarizes the activity related to unrecognized tax benefits, some of which would impact our effective tax rate if recognized: 2016 2015 Balance at January 1 $ 3 $ 7 Additions for tax positions of prior years 1 1 Reductions for tax positions of prior years — (1 ) Settlements — (4 ) Balance at December 31 $ 4 $ 3

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Operating leases of lessee disclosure	Future minimum lease payments by year and in the aggregate, for non-cancelable operating leases with initial or remaining terms of one year or more are as follows at December 31, 2016 : Real Non-Rental 2017 $ 99 $ 41 2018 82 30 2019 63 22 2020 44 15 2021 28 8 Thereafter 39 2 Total $ 355 $ 118
Schedule of capital leased assets	The following table presents capital lease financial statement information for the years ended December 31, 2016 , 2015 and 2014 , except for balance sheet information, which is presented as of December 31, 2016 and 2015 : 2016 2015 2014 Depreciation of rental equipment $ 20 $ 20 $ 20 Non-rental depreciation and amortization 3 3 4 Rental equipment 190 186 Less accumulated depreciation (70 ) (56 ) Rental equipment, net 120 130 Property and equipment, net: Non-rental vehicles 7 8 Buildings 21 21 Less accumulated depreciation and amortization (16 ) (16 ) Property and equipment, net $ 12 $ 13
Schedule of future minimum capital lease payments	Future minimum lease payments for capital leases for each of the next five years and thereafter at December 31, 2016 are as follows: 2017 $ 32 2018 23 2019 13 2020 4 2021 2 Thereafter 3 Total 77 Less amount representing interest (1) (6 ) Capital lease obligations $ 71 (1) The weighted average interest rate on our capital lease obligations as of December 31, 2016 was approximately 5.7 percent .

Common Stock (Tables)

Common Stock (Tables)	12 Months Ended
	Dec. 31, 2016
Equity and Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of stock option activity	A summary of the transactions within the Company’s stock option plans follows (shares in thousands): Shares Weighted-Average Outstanding at January 1, 2014 875 $ 17.85 Granted — — Exercised (213 ) 11.21 Canceled (10 ) 19.98 Outstanding at December 31, 2014 652 19.99 Granted — — Exercised (87 ) 13.54 Canceled (4 ) 20.29 Outstanding at December 31, 2015 561 20.99 Granted — — Exercised (54 ) 17.42 Canceled — — Outstanding at December 31, 2016 507 21.37 Exercisable at December 31, 2014 564 $ 16.18 Exercisable at December 31, 2015 537 $ 19.49 Exercisable at December 31, 2016 507 $ 21.37
Schedule of share authorized under stock option plan, by exercise price range	As of December 31, 2016 (options in thousands): Options Outstanding Options Exercisable Range of Exercise Prices Amount Weighted Weighted Amount Weighted $0.01-5.00 100 2.2 $ 3.38 100 $ 3.38 5.01-10.00 169 3.2 8.32 169 8.32 10.01-15.00 12 2.1 14.50 12 14.50 15.01-20.00 12 2.8 15.22 12 15.22 25.01-30.00 27 3.2 26.01 27 26.01 30.01-35.00 62 4.2 31.49 62 31.49 40.01-45.00 51 5.1 41.25 51 41.25 50.01-55.00 74 6.2 53.78 74 53.78 507 $ 21.37 507 $ 21.37
Summary of options outstanding	The following table presents information associated with options as of December 31, 2016 and 2015 , and for the years ended December 31, 2016 , 2015 and 2014 : 2016 2015 2014 Intrinsic value of options outstanding as of December 31 $ 43 $ 29 Intrinsic value of options exercisable as of December 31 43 28 Intrinsic value of options exercised 4 7 17 Weighted-average grant date fair value per option $ — $ — $ —
Summary of restricted stock units activity	A summary of RSU activity for the year ended December 31, 2016 follows (RSUs in thousands): Stock Units Weighted-Average Nonvested as of December 31, 2015 530 $ 81.94 Granted 901 60.55 Vested (645 ) 64.62 Forfeited (35 ) 79.19 Nonvested as of December 31, 2016 751 $ 71.29 A summary of RSUs granted follows (RSUs in thousands): Year Ended December 31, 2016 2015 2014 RSUs granted 901 463 805 Weighted-average grant date price per unit $ 60.55 $ 86.84 $ 92.28

Quarterly Financial Informati42

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly financial information	First Second Third Fourth Full For the year ended December 31, 2016 (1): Total revenues $ 1,310 $ 1,421 $ 1,508 $ 1,523 $ 5,762 Gross profit 500 590 656 657 2,403 Operating income 254 347 412 402 1,415 Net income 92 134 187 153 566 Earnings per share—basic 1.01 1.52 2.18 1.82 6.49 Earnings per share—diluted (3) 1.01 1.52 2.16 1.80 6.45 For the year ended December 31, 2015 (2): Total revenues $ 1,315 $ 1,429 $ 1,550 $ 1,523 $ 5,817 Gross profit 524 618 690 648 2,480 Operating income 300 375 446 397 1,518 Net income 115 86 215 169 585 Earnings per share—basic 1.19 0.89 2.28 1.82 6.14 Earnings per share—diluted (3) 1.16 0.88 2.25 1.81 6.07 (1) The fourth quarter of 2016 includes $ 6 of restructuring charges associated with the restructuring program we initiated in the fourth quarter of 2015 and closed in the fourth quarter of 2016, which is discussed further in note 4 to our consolidated financial statements. Additionally, as discussed in note 11 to our consolidated financial statements, in the fourth quarter of 2016 , we redeemed $ 850 principal amount of our 7 5 / 8 percent Senior Notes due 2022 and issued $ 750 principal amount of 5 1 / 2 percent Senior Notes due 2027. Upon the partial redemption of the 7 5 / 8 percent Senior Notes due 2022, we recognized a loss of $ 65 in interest expense, net. The loss represented the difference between the net carrying amount and the total purchase price of the redeemed notes. (2) The fourth quarter of 2015 included a decrease in stock compensation, net of $14 as compared to the fourth quarter of 2014 primarily due to lower than expected revenue and profitability. Additionally, as discussed in note 4 to our consolidated financial statements, in the fourth quarter of 2015, we initiated a restructuring program in response to recent challenges in our operating environment. Though we expected solid industry growth in 2016, the restructuring program was initiated in an effort to reduce costs in an environment with continuing pressures on volume and pricing. We recognized $4 of costs for the program in the fourth quarter of 2015. The program was completed in the fourth quarter of 2016. Additionally, during the fourth quarter of 2015, we reached agreement on a settlement that provided us with a $5 refund on previously paid property taxes. We recognized a reduction of $5 in cost of equipment rentals, excluding depreciation, associated with the settlement during the fourth quarter of 2015. Additionally, our provision for income taxes for the fourth quarter of 2015 includes the impact of a $5 increase in valuation allowances resulting from the enactment of Connecticut state limitations on net operating loss utilization. (3) Diluted earnings per share includes the after-tax impacts of the following: First Second Third Fourth Full For the year ended December 31, 2016: Merger related intangible asset amortization (5) $ (0.30 ) $ (0.28 ) $ (0.28 ) $ (0.29 ) $ (1.12 ) Impact of the fair value mark-up of acquired RSC fleet (7) (0.06 ) (0.06 ) (0.05 ) (0.06 ) (0.25 ) Impact on interest expense related to fair value adjustment of acquired RSC indebtedness (8) — — — — 0.01 Restructuring charge (9) (0.01 ) (0.02 ) (0.02 ) (0.05 ) (0.11 ) Asset impairment charge (11) (0.02 ) — — — (0.03 ) Loss on extinguishment of debt securities and amendment of ABL facility — (0.18 ) (0.07 ) (0.47 ) (0.70 ) For the year ended December 31, 2015: Merger related costs (4) $ 0.17 $ — $ — $ — $ 0.17 Merger related intangible asset amortization (5) (0.32 ) (0.27 ) (0.28 ) (0.28 ) (1.15 ) Impact on depreciation related to acquired RSC fleet and property and equipment (6) 0.01 — — — 0.02 Impact of the fair value mark-up of acquired RSC fleet (7) (0.04 ) (0.04 ) (0.04 ) (0.07 ) (0.19 ) Impact on interest expense related to fair value adjustment of acquired RSC indebtedness (8) 0.01 — — — 0.02 Restructuring charge (9) — — — (0.03 ) (0.04 ) Loss on extinguishment of debt securities (0.01 ) (0.76 ) — — (0.78 ) (4) This reflects transaction costs associated with the National Pump acquisition discussed above. The income during the year ended December 31, 2015 reflects a decline in the fair value of the contingent cash consideration component of the National Pump purchase price. (5) This reflects the amortization of the intangible assets acquired in the RSC and National Pump acquisitions. (6) This reflects the impact of extending the useful lives of equipment acquired in the RSC acquisition, net of the impact of additional depreciation associated with the fair value mark-up of such equipment. (7) This reflects additional costs recorded in cost of rental equipment sales associated with the fair value mark-up of rental equipment acquired in the RSC acquisition and subsequently sold. (8) This reflects a reduction of interest expense associated with the fair value mark-up of debt acquired in the RSC acquisition. (9) As discussed in note 4 to our consolidated financial statements, this reflects severance costs and branch closure charges associated with our restructuring programs.
Schedule of after tax impact on diluted earnings per share	Diluted earnings per share includes the after-tax impacts of the following: First Second Third Fourth Full For the year ended December 31, 2016: Merger related intangible asset amortization (5) $ (0.30 ) $ (0.28 ) $ (0.28 ) $ (0.29 ) $ (1.12 ) Impact of the fair value mark-up of acquired RSC fleet (7) (0.06 ) (0.06 ) (0.05 ) (0.06 ) (0.25 ) Impact on interest expense related to fair value adjustment of acquired RSC indebtedness (8) — — — — 0.01 Restructuring charge (9) (0.01 ) (0.02 ) (0.02 ) (0.05 ) (0.11 ) Asset impairment charge (11) (0.02 ) — — — (0.03 ) Loss on extinguishment of debt securities and amendment of ABL facility — (0.18 ) (0.07 ) (0.47 ) (0.70 ) For the year ended December 31, 2015: Merger related costs (4) $ 0.17 $ — $ — $ — $ 0.17 Merger related intangible asset amortization (5) (0.32 ) (0.27 ) (0.28 ) (0.28 ) (1.15 ) Impact on depreciation related to acquired RSC fleet and property and equipment (6) 0.01 — — — 0.02 Impact of the fair value mark-up of acquired RSC fleet (7) (0.04 ) (0.04 ) (0.04 ) (0.07 ) (0.19 ) Impact on interest expense related to fair value adjustment of acquired RSC indebtedness (8) 0.01 — — — 0.02 Restructuring charge (9) — — — (0.03 ) (0.04 ) Loss on extinguishment of debt securities (0.01 ) (0.76 ) — — (0.78 ) (4) This reflects transaction costs associated with the National Pump acquisition discussed above. The income during the year ended December 31, 2015 reflects a decline in the fair value of the contingent cash consideration component of the National Pump purchase price. (5) This reflects the amortization of the intangible assets acquired in the RSC and National Pump acquisitions. (6) This reflects the impact of extending the useful lives of equipment acquired in the RSC acquisition, net of the impact of additional depreciation associated with the fair value mark-up of such equipment. (7) This reflects additional costs recorded in cost of rental equipment sales associated with the fair value mark-up of rental equipment acquired in the RSC acquisition and subsequently sold. (8) This reflects a reduction of interest expense associated with the fair value mark-up of debt acquired in the RSC acquisition. (9) As discussed in note 4 to our consolidated financial statements, this reflects severance costs and branch closure charges associated with our restructuring programs.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Schedule of earnings per share	The following table sets forth the computation of basic and diluted earnings per share (shares in thousands): Year Ended December 31, 2016 2015 2014 Numerator: Net income available to common stockholders $ 566 $ 585 $ 540 Denominator: Denominator for basic earnings per share—weighted-average common shares 87,217 95,170 97,489 Effect of dilutive securities: Employee stock options and warrants 277 300 394 4 percent Convertible Senior Notes — 660 6,386 Restricted stock units 281 249 687 Denominator for diluted earnings per share—adjusted weighted-average common shares 87,775 96,379 104,956 Basic earnings per share $ 6.49 $ 6.14 $ 5.54 Diluted earnings per share $ 6.45 $ 6.07 $ 5.15

Condensed Consolidating Finan44

Condensed Consolidating Financial Information of Guarantor Subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheets	CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2016 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total ASSETS Cash and cash equivalents $ — $ 21 $ — $ 291 $ — $ — $ 312 Accounts receivable, net — 38 — 96 786 — 920 Intercompany receivable (payable) 336 (137 ) (188 ) (115 ) — 104 — Inventory — 61 — 7 — — 68 Prepaid expenses and other assets 5 51 — 5 — — 61 Total current assets 341 34 (188 ) 284 786 104 1,361 Rental equipment, net — 5,709 — 480 — — 6,189 Property and equipment, net 38 326 26 40 — — 430 Investments in subsidiaries 1,292 1,013 978 — — (3,283 ) — Goodwill — 3,013 — 247 — — 3,260 Other intangibles, net — 686 — 56 — — 742 Other long-term assets — 6 — — — — 6 Total assets $ 1,671 $ 10,787 $ 816 $ 1,107 $ 786 $ (3,179 ) $ 11,988 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Short-term debt and current maturities of long-term debt $ 1 $ 25 $ — $ 3 $ 568 $ — $ 597 Accounts payable — 217 — 26 — — 243 Accrued expenses and other liabilities — 305 13 25 1 — 344 Total current liabilities 1 547 13 54 569 — 1,184 Long-term debt 2 7,076 111 4 — — 7,193 Deferred taxes 20 1,805 — 71 — — 1,896 Other long-term liabilities — 67 — — — — 67 Total liabilities 23 9,495 124 129 569 — 10,340 Total stockholders’ equity (deficit) 1,648 1,292 692 978 217 (3,179 ) 1,648 Total liabilities and stockholders’ equity (deficit) $ 1,671 $ 10,787 $ 816 $ 1,107 $ 786 $ (3,179 ) $ 11,988 CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2015 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total ASSETS Cash and cash equivalents $ — $ 18 $ — $ 161 $ — $ — $ 179 Accounts receivable, net — 41 — 104 785 — 930 Intercompany receivable (payable) 144 40 (176 ) (109 ) — 101 — Inventory — 62 — 7 — — 69 Prepaid expenses and other assets — 98 — 18 — — 116 Total current assets 144 259 (176 ) 181 785 101 1,294 Rental equipment, net — 5,657 — 529 — — 6,186 Property and equipment, net 45 334 20 46 — — 445 Investments in subsidiaries 1,307 958 924 — — (3,189 ) — Goodwill — 3,000 — 243 — — 3,243 Other intangibles, net — 838 — 67 — — 905 Other long-term assets 3 7 — — — — 10 Total assets $ 1,499 $ 11,053 $ 768 $ 1,066 $ 785 $ (3,088 ) $ 12,083 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Short-term debt and current maturities of long-term debt $ 1 $ 34 $ — $ — $ 572 $ — $ 607 Accounts payable — 237 — 34 — — 271 Accrued expenses and other liabilities — 314 14 27 — — 355 Total current liabilities 1 585 14 61 572 — 1,233 Long-term debt 4 7,430 110 11 — — 7,555 Deferred taxes 18 1,677 — 70 — — 1,765 Other long-term liabilities — 54 — — — — 54 Total liabilities 23 9,746 124 142 572 — 10,607 Total stockholders’ equity (deficit) 1,476 1,307 644 924 213 (3,088 ) 1,476 Total liabilities and stockholders’ equity (deficit) $ 1,499 $ 11,053 $ 768 $ 1,066 $ 785 $ (3,088 ) $ 12,083
Condensed Consolidating Statements of Income	CONDENSED CONSOLIDATING STATEMENTS OF INCOME For the Year Ended December 31, 2016 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Revenues: Equipment rentals $ — $ 4,524 $ — $ 417 $ — $ — $ 4,941 Sales of rental equipment — 444 — 52 — — 496 Sales of new equipment — 129 — 15 — — 144 Contractor supplies sales — 68 — 11 — — 79 Service and other revenues — 87 — 15 — — 102 Total revenues — 5,252 — 510 — — 5,762 Cost of revenues: Cost of equipment rentals, excluding depreciation — 1,669 — 193 — — 1,862 Depreciation of rental equipment — 900 — 90 — — 990 Cost of rental equipment sales — 265 — 27 — — 292 Cost of new equipment sales — 107 — 12 — — 119 Cost of contractor supplies sales — 47 — 8 — — 55 Cost of service and other revenues — 35 — 6 — — 41 Total cost of revenues — 3,023 — 336 — — 3,359 Gross profit — 2,229 — 174 — — 2,403 Selling, general and administrative expenses 43 579 — 72 25 — 719 Restructuring charge — 7 — 7 — — 14 Non-rental depreciation and amortization 15 216 — 24 — — 255 Operating (loss) income (58 ) 1,427 — 71 (25 ) — 1,415 Interest (income) expense, net (6 ) 509 3 2 8 (5 ) 511 Other (income) expense, net (471 ) 521 — 40 (95 ) — (5 ) Income (loss) before provision for income taxes 419 397 (3 ) 29 62 5 909 Provision for income taxes 154 157 — 8 24 — 343 Income (loss) before equity in net earnings (loss) of subsidiaries 265 240 (3 ) 21 38 5 566 Equity in net earnings (loss) of subsidiaries 301 61 21 — — (383 ) — Net income (loss) 566 301 18 21 38 (378 ) 566 Other comprehensive income (loss) 32 32 28 22 — (82 ) 32 Comprehensive income (loss) $ 598 $ 333 $ 46 $ 43 $ 38 $ (460 ) $ 598 CONDENSED CONSOLIDATING STATEMENTS OF INCOME For the Year Ended December 31, 2015 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Revenues: Equipment rentals $ — $ 4,452 $ — $ 497 $ — $ — $ 4,949 Sales of rental equipment — 480 — 58 — — 538 Sales of new equipment — 137 — 20 — — 157 Contractor supplies sales — 69 — 10 — — 79 Service and other revenues — 80 — 14 — — 94 Total revenues — 5,218 — 599 — — 5,817 Cost of revenues: Cost of equipment rentals, excluding depreciation — 1,603 — 223 — — 1,826 Depreciation of rental equipment — 881 — 95 — — 976 Cost of rental equipment sales — 279 — 32 — — 311 Cost of new equipment sales — 115 — 16 — — 131 Cost of contractor supplies sales — 48 — 7 — — 55 Cost of service and other revenues — 33 — 5 — — 38 Total cost of revenues — 2,959 — 378 — — 3,337 Gross profit — 2,259 — 221 — — 2,480 Selling, general and administrative expenses 5 596 1 79 33 — 714 Merger related costs — (26 ) — — — — (26 ) Restructuring charge — 5 — 1 — — 6 Non-rental depreciation and amortization 15 228 1 24 — — 268 Operating (loss) income (20 ) 1,456 (2 ) 117 (33 ) — 1,518 Interest (income) expense, net (3 ) 559 8 3 5 (5 ) 567 Other (income) expense, net (471 ) 513 — 44 (98 ) — (12 ) Income (loss) before provision (benefit) for income taxes 454 384 (10 ) 70 60 5 963 Provision (benefit) for income taxes 201 141 (5 ) 18 23 — 378 Income (loss) before equity in net earnings (loss) of subsidiaries 253 243 (5 ) 52 37 5 585 Equity in net earnings (loss) of subsidiaries 332 89 52 — — (473 ) — Net income (loss) 585 332 47 52 37 (468 ) 585 Other comprehensive (loss) income (176 ) (176 ) (175 ) (139 ) — 490 (176 ) Comprehensive income (loss) $ 409 $ 156 $ (128 ) $ (87 ) $ 37 $ 22 $ 409 CONDENSED CONSOLIDATING STATEMENTS OF INCOME For the Year Ended December 31, 2014 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Revenues: Equipment rentals $ — $ 4,217 $ — $ 602 $ — $ — $ 4,819 Sales of rental equipment — 478 — 66 — — 544 Sales of new equipment — 124 — 25 — — 149 Contractor supplies sales — 70 — 15 — — 85 Service and other revenues — 73 — 15 — — 88 Total revenues — 4,962 — 723 — — 5,685 Cost of revenues: Cost of equipment rentals, excluding depreciation — 1,558 — 248 — — 1,806 Depreciation of rental equipment — 820 — 101 — — 921 Cost of rental equipment sales — 277 — 38 — — 315 Cost of new equipment sales — 101 — 19 — — 120 Cost of contractor supplies sales — 49 — 10 — — 59 Cost of service and other revenues — 27 — 5 — — 32 Total cost of revenues — 2,832 — 421 — — 3,253 Gross profit — 2,130 — 302 — — 2,432 Selling, general and administrative expenses 55 607 3 84 9 — 758 Merger related costs — 11 — — — — 11 Restructuring charge — (1 ) — — — — (1 ) Non-rental depreciation and amortization 17 226 1 29 — — 273 Operating (loss) income (72 ) 1,287 (4 ) 189 (9 ) — 1,391 Interest expense (income), net 9 538 5 4 5 (6 ) 555 Other (income) expense, net (1) (149 ) 212 (3 ) 17 (91 ) — (14 ) Income (loss) before provision for income taxes 68 537 (6 ) 168 77 6 850 Provision for income taxes 1 236 — 43 30 — 310 Income (loss) before equity in net earnings (loss) of subsidiaries 67 301 (6 ) 125 47 6 540 Equity in net earnings (loss) of subsidiaries 473 172 125 — — (770 ) — Net income (loss) 540 473 119 125 47 (764 ) 540 Other comprehensive (loss) income (93 ) (93 ) (90 ) (72 ) — 255 (93 ) Comprehensive income (loss) $ 447 $ 380 $ 29 $ 53 $ 47 $ (509 ) $ 447 (1) In 2015, the amount of royalties Holdings receives from URNA and its subsidiaries was adjusted as discussed above (see Item 7- Management’s Discussion and Analysis of Financial Condition and Results of Operations- Liquidity and Capital Resources- Relationship between Holdings and URNA). Other (income) expense, net for 2014 reflects the lower royalty rate that was used in 2014.
Condensed Consolidating Cash Flow Information	CONDENSED CONSOLIDATING CASH FLOW INFORMATION For the Year Ended December 31, 2016 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Net cash provided by (used in) operating activities $ 9 $ 1,774 $ (3 ) $ 136 $ 37 $ — $ 1,953 Net cash used in investing activities (9 ) (844 ) — (6 ) — — (859 ) Net cash (used in) provided by financing activities — (927 ) 3 (3 ) (37 ) — (964 ) Effect of foreign exchange rates — — — 3 — — 3 Net increase in cash and cash equivalents — 3 — 130 — — 133 Cash and cash equivalents at beginning of period — 18 — 161 — — 179 Cash and cash equivalents at end of period $ — $ 21 $ — $ 291 $ — $ — $ 312 CONDENSED CONSOLIDATING CASH FLOW INFORMATION For the Year Ended December 31, 2015 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Net cash provided by (used in) operating activities $ 13 $ 1,804 $ (3 ) $ 170 $ 11 $ — $ 1,995 Net cash used in investing activities (13 ) (1,035 ) — (122 ) — — (1,170 ) Net cash (used in) provided by financing activities — (759 ) 3 (8 ) (11 ) — (775 ) Effect of foreign exchange rates — — — (29 ) — — (29 ) Net increase in cash and cash equivalents — 10 — 11 — — 21 Cash and cash equivalents at beginning of period — 8 — 150 — — 158 Cash and cash equivalents at end of period $ — $ 18 $ — $ 161 $ — $ — $ 179 CONDENSED CONSOLIDATING CASH FLOW INFORMATION For the Year Ended December 31, 2014 Non-Guarantor Parent URNA Guarantor Foreign SPV Eliminations Total Net cash provided by (used in) operating activities $ 13 $ 1,644 $ 4 $ 223 $ (83 ) $ — $ 1,801 Net cash used in investing activities (13 ) (1,773 ) — (214 ) — — (2,000 ) Net cash provided by (used in) financing activities — 120 (4 ) (3 ) 83 — 196 Effect of foreign exchange rate — — — (14 ) — — (14 ) Net decrease in cash and cash equivalents — (9 ) — (8 ) — — (17 ) Cash and cash equivalents at beginning of period — 17 — 158 — — 175 Cash and cash equivalents at end of period $ — $ 8 $ — $ 150 $ — $ — $ 158

Summary of Significant Accoun45

Summary of Significant Accounting Policies (Details) - USD ($) $ in Millions	Oct. 01, 2016	Nov. 30, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 01, 2015	Dec. 31, 2013
Significant Accounting Policies [Line Items]
Cost of service and other revenues			$ 41	$ 38	$ 32
Percentage of fair value in excess of carrying amount	53.00%					51.00%
Goodwill			3,260	3,243	3,272		$ 2,953
Deferred revenue			33	32
Advertising reimbursements			19	$ 17	16
Insurance proceeds included in operating activities			$ 12
Accounts receivable | Customer concentration risk
Significant Accounting Policies [Line Items]
Concentration risk, percentage (less than 1% of total revenues)			2.00%	1.00%
Trade names and trademarks
Significant Accounting Policies [Line Items]
Finite lived intangible assets life			5 years
Rental Equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment additions			$ 18	$ 30	39
Cost of service and other revenues			$ 629	$ 628	$ 604
Minimum | Customer relationships
Significant Accounting Policies [Line Items]
Finite lived intangible assets life			7 years
Minimum | Rental Equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life			2 years
Property, plant and equipment salvage value			0.00%
Minimum | Property and Equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life			2 years
Maximum | Non-compete agreements
Significant Accounting Policies [Line Items]
Finite lived intangible assets life			5 years
Maximum | Customer relationships
Significant Accounting Policies [Line Items]
Finite lived intangible assets life			15 years
Maximum | Rental Equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life			12 years
Property, plant and equipment salvage value			10.00%
Maximum | Property and Equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life			39 years
Largest customer | Maximum | Revenues | Customer concentration risk
Significant Accounting Policies [Line Items]
Concentration risk, percentage (less than 1% of total revenues)			1.00%	1.00%	1.00%
Pump Solutions
Significant Accounting Policies [Line Items]
Percentage of fair value in excess of carrying amount	15.00%	1.00%				3.30%
Goodwill			$ 312
Increase in discount rate	0.50%	0.50%
Reduction in long-term growth rate	0.25%	0.25%
Long-term terminal growth rate	14.00%
Discount rate	3.00%
Impairment test measurement period	10 years

Segment Information (Narrative)

Segment Information (Narrative) (Details)	12 Months Ended
	Dec. 31, 2016reportable_segmentRegion
Segment Reporting Information [Line Items]
Number of reportable segments | reportable_segment	2
Operating segments | General rentals
Segment Reporting Information [Line Items]
Number of geographic regions entity operates in (in locations) | Region	9

Segment Information (Percentage

Segment Information (Percentage of Equipment Rental Revenue by Equipment Type) (Details) - Equipment rental revenue - Product concentration risk	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
General construction and industrial equipment | General rentals
Segment Reporting Information [Line Items]
Percentage of equipment rental revenue	43.00%	43.00%	43.00%
Aerial work platforms | General rentals
Segment Reporting Information [Line Items]
Percentage of equipment rental revenue	32.00%	32.00%	33.00%
General tools and light equipment | General rentals
Segment Reporting Information [Line Items]
Percentage of equipment rental revenue	8.00%	10.00%	10.00%
Power and HVAC equipment | Trench, power and pump
Segment Reporting Information [Line Items]
Percentage of equipment rental revenue	7.00%	6.00%	6.00%
Trench safety equipment | Trench, power and pump
Segment Reporting Information [Line Items]
Percentage of equipment rental revenue	6.00%	5.00%	5.00%
Pumps | Trench, power and pump
Segment Reporting Information [Line Items]
Percentage of equipment rental revenue	4.00%	4.00%	3.00%

Segment Information (Financial

Segment Information (Financial information by segment) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Equipment rentals									$ 4,941	$ 4,949	$ 4,819
Sales of rental equipment									496	538	544
Sales of new equipment									144	157	149
Contractor supplies sales									79	79	85
Service and other revenues									102	94	88
Total revenues	$ 1,523	$ 1,508	$ 1,421	$ 1,310	$ 1,523	$ 1,550	$ 1,429	$ 1,315	5,762	5,817	5,685
Depreciation and amortization expense									1,245	1,244	1,194
Gross profit	657	$ 656	$ 590	$ 500	648	$ 690	$ 618	$ 524	2,403	2,480	2,432
Capital expenditures									1,339	1,636	1,821
Total assets	11,988				12,083				11,988	12,083	12,129
General rentals
Segment Reporting Information [Line Items]
Equipment rentals									4,166	4,241	4,222
Sales of rental equipment									459	504	519
Sales of new equipment									128	137	113
Contractor supplies sales									64	67	73
Service and other revenues									91	83	75
Total revenues									4,908	5,032	5,002
Depreciation and amortization expense									1,066	1,071	1,060
Capital expenditures									1,189	1,439	1,594
Total assets	10,496				10,561				10,496	10,561	10,597
Trench, power and pump
Segment Reporting Information [Line Items]
Equipment rentals									775	708	597
Sales of rental equipment									37	34	25
Sales of new equipment									16	20	36
Contractor supplies sales									15	12	12
Service and other revenues									11	11	13
Total revenues									854	785	683
Depreciation and amortization expense									179	173	134
Capital expenditures									150	197	227
Total assets	$ 1,492				$ 1,522				1,492	1,522	1,532
Equipment rentals
Segment Reporting Information [Line Items]
Gross profit									2,089	2,147	2,092
Equipment rentals | General rentals
Segment Reporting Information [Line Items]
Gross profit									1,725	1,819	1,790
Equipment rentals | Trench, power and pump
Segment Reporting Information [Line Items]
Gross profit									$ 364	$ 328	$ 302

Segment Information (Reconcilia

Segment Information (Reconciliation to consolidated totals) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total equipment rentals gross profit	$ 657	$ 656	$ 590	$ 500	$ 648	$ 690	$ 618	$ 524	$ 2,403	$ 2,480	$ 2,432
Selling, general and administrative expenses									(719)	(714)	(758)
Merger related costs									0	26	(11)
Restructuring charge									(14)	(6)	1
Non-rental depreciation and amortization									(255)	(268)	(273)
Interest expense, net									(511)	(567)	(555)
Other income, net									5	12	14
Income before provision for income taxes									909	963	850
Equipment rentals
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total equipment rentals gross profit									2,089	2,147	2,092
Other products and services
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total equipment rentals gross profit									$ 314	$ 333	$ 340

Segment Information (Geographic

Segment Information (Geographic area information) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Equipment rentals									$ 4,941	$ 4,949	$ 4,819
Sales of rental equipment									496	538	544
Sales of new equipment									144	157	149
Contractor supplies sales									79	79	85
Service and other revenues									102	94	88
Total revenues	$ 1,523	$ 1,508	$ 1,421	$ 1,310	$ 1,523	$ 1,550	$ 1,429	$ 1,315	5,762	5,817	5,685
Goodwill and other intangibles, net	4,002				4,148				4,002	4,148
Domestic
Revenues from External Customers and Long-Lived Assets [Line Items]
Equipment rentals									4,524	4,452	4,217
Sales of rental equipment									444	480	478
Sales of new equipment									129	137	124
Contractor supplies sales									68	69	70
Service and other revenues									87	80	73
Total revenues									5,252	5,218	4,962
Goodwill and other intangibles, net	3,699				3,838				3,699	3,838
Foreign (Canada)
Revenues from External Customers and Long-Lived Assets [Line Items]
Equipment rentals									417	497	602
Sales of rental equipment									52	58	66
Sales of new equipment									15	20	25
Contractor supplies sales									11	10	15
Service and other revenues									15	14	15
Total revenues									510	599	$ 723
Goodwill and other intangibles, net	303				310				303	310
Rental equipment, net
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	6,189				6,186				6,189	6,186
Rental equipment, net | Domestic
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	5,709				5,657				5,709	5,657
Rental equipment, net | Foreign (Canada)
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	480				529				480	529
Property and equipment, net
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	430				445				430	445
Property and equipment, net | Domestic
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	390				399				390	399
Property and equipment, net | Foreign (Canada)
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	$ 40				$ 46				$ 40	$ 46

Restructuring Charges (Narrativ

Restructuring Charges (Narrative) (Details) $ in Millions	Dec. 31, 2016USD ($)restructuring_program
Closed Restructuring Programs
Restructuring Cost and Reserve [Line Items]
Number of restructuring programs | restructuring_program	2
Restructuring charges incurred to date	$ 216
Closed Restructuring Programs | Branch closure charges
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred to date	150
Closed Restructuring Programs | Severance costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred to date	66
2015-2016 Cost Savings Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred to date	18
2015-2016 Cost Savings Restructuring Program | Branch closure charges
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred to date	10
2015-2016 Cost Savings Restructuring Program | Severance costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred to date	$ 8

Restructuring Charges (Schedule

Restructuring Charges (Schedule Of Restructuring Charges) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Restructuring Reserve [Roll Forward]
Beginning Reserve Balance			$ 16
Charged to Costs and Expenses			14	$ 6	$ (1)
Ending Reserve Balance	$ 17	$ 16	17	16
Closed Restructuring Programs
Restructuring Reserve [Roll Forward]
Beginning Reserve Balance			13	20	35
Charged to Costs and Expenses			0	2	(1)
Payments and Other			(5)	(9)	(14)
Ending Reserve Balance	8	13	8	13	20
Closed Restructuring Programs | Branch closure charges
Restructuring Reserve [Roll Forward]
Beginning Reserve Balance			13	20	33
Charged to Costs and Expenses			0	2	(1)
Payments and Other			(5)	(9)	(12)
Ending Reserve Balance	8	13	8	13	20
Closed Restructuring Programs | Severance costs
Restructuring Reserve [Roll Forward]
Beginning Reserve Balance			0	0	2
Charged to Costs and Expenses			0	0	0
Payments and Other			0	0	(2)
Ending Reserve Balance	0	0	0	0	0
2015-2016 Cost Savings Restructuring Program
Restructuring Reserve [Roll Forward]
Beginning Reserve Balance			3	0
Charged to Costs and Expenses	6	4	14	4
Payments and Other			(8)	(1)
Ending Reserve Balance	9	3	9	3	0
2015-2016 Cost Savings Restructuring Program | Branch closure charges
Restructuring Reserve [Roll Forward]
Beginning Reserve Balance			0	0
Charged to Costs and Expenses			10	0
Payments and Other			(2)	0
Ending Reserve Balance	8	0	8	0	0
2015-2016 Cost Savings Restructuring Program | Severance costs
Restructuring Reserve [Roll Forward]
Beginning Reserve Balance			3	0
Charged to Costs and Expenses			4	4
Payments and Other			(6)	(1)
Ending Reserve Balance	$ 1	$ 3	$ 1	$ 3	$ 0

Rental Equipment (Details)

Rental Equipment (Details) - Rental equipment, net - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 9,413	$ 9,022
Less accumulated depreciation	(3,224)	(2,836)
Property, Plant and Equipment, Total	$ 6,189	$ 6,186

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Property and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 897	$ 871
Less accumulated depreciation and amortization	(467)	(426)
Property, Plant and Equipment, Total	430	445
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	96	98
Buildings
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	212	226
Non-rental vehicles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	93	86
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	87	78
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	188	171
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 221	$ 212

Goodwill and Other Intangible55

Goodwill and Other Intangible Assets (Goodwill) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Roll Forward]
Balance at beginning of period	$ 3,243	$ 3,272	$ 2,953
Goodwill related to acquisitions	9	16	342
Foreign currency translation and other adjustments	8	(45)	(23)
Balance at end of period	3,260	3,243	3,272
General rentals
Goodwill [Roll Forward]
Balance at beginning of period	2,786	2,804	2,812
Goodwill related to acquisitions	5	16	12
Foreign currency translation and other adjustments	6	(34)	(20)
Balance at end of period	2,797	2,786	2,804
Goodwill accumulated impairment loss	1,557
Trench, power and pump
Goodwill [Roll Forward]
Balance at beginning of period	457	468	141
Goodwill related to acquisitions	4	0	330
Foreign currency translation and other adjustments	2	(11)	(3)
Balance at end of period	$ 463	$ 457	$ 468

Goodwill and Other Intangible56

Goodwill and Other Intangible Assets (Other Intangible Assets) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Net Amount	$ 742	$ 905
Amortization expense	174	193	$ 204
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	146
2,018	126
2,019	111
2,020	95
2,021	80
Thereafter	184
Net Amount	$ 742	$ 905
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Remaining Amortization Period	28 months	31 months
Gross Carrying Amount	$ 70	$ 69
Accumulated Amortization	57	44
Net Amount	13	25
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Net Amount	$ 13	$ 25
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Remaining Amortization Period	10 years	11 years
Gross Carrying Amount	$ 1,465	$ 1,453
Accumulated Amortization	737	583
Net Amount	728	870
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Net Amount	$ 728	$ 870
Trade names and associated trademarks
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Remaining Amortization Period	4 months	16 months
Gross Carrying Amount	$ 80	$ 80
Accumulated Amortization	79	70
Net Amount	1	10
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Net Amount	$ 1	$ 10

Accrued Expenses and Other Li57

Accrued Expenses and Other Liabilities and Other Long-Term Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Accrued expenses and other liabilities
Self-insurance accruals	$ 35	$ 43
Accrued compensation and benefit costs	55	41
Property and income taxes payable	23	22
Restructuring reserves	17	16
Interest payable	79	91
Deferred revenue	40	38
National accounts accrual	40	39
Due to seller	2	4
Other	53	61
Accrued expenses and other liabilities	344	355
Other long-term liabilities
Self-insurance accruals	59	47
Accrued compensation and benefit costs	8	7
Other long-term liabilities	$ 67	$ 54

Derivatives (Narrative) (Detail

Derivatives (Narrative) (Details) gal in Millions, CAD in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)gal	Dec. 31, 2016CADgal	Dec. 31, 2015USD ($)gal	Dec. 31, 2014USD ($)gal
Diesel swap
Derivative [Line Items]
Derivative, nonmonetary notional amount (in gallons)	7	7
Forward contracts
Derivative [Line Items]
Derivative purchases of underlying currency (in Canadian Dollars) | CAD		CAD 894
Swap
Derivative [Line Items]
Hedging activities net cash flow impact | $	$ 29		$ 35	$ 41
Derivative purchases of underlying commodity (in gallons)	10.1	10.1	10.6	10.5

Derivatives (Effect of derivati

Derivatives (Effect of derivatives on consolidated statements of income) (Details) gal in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)gal	Dec. 31, 2015USD ($)gal	Dec. 31, 2014USD ($)gal
Swap
Derivative Instruments, Gain (Loss) [Line Items]
Derivative purchases of underlying commodity (in gallons) | gal	10.1	10.6	10.5
Swap | Designated as hedging instrument | Cost of equipment rentals, excluding depreciation
Derivative Instruments, Gain (Loss) [Line Items]
Amount of income (expense) recognized on derivative	$ (6)	$ (7)
Amount of income (expense) recognized on hedged item	(23)	(29)	$ (40)
Foreign currency forward | Not designated as hedging instrument | Other income (expense), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of income (expense) recognized on derivative	(3)	(5)	(7)
Amount of income (expense) recognized on hedged item	$ 3	$ 5	$ 7

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - Diesel swap gal in Millions	12 Months Ended
	Dec. 31, 2016$ / galgal
Derivatives, Fair Value [Line Items]
Derivative, nonmonetary notional amount (in gallons) | gal	7
Derivative, notional amount (in dollars per gallon)	2.56
Average forward price (in dollars per gallon)	2.73

Fair Value Measurements (Financ

Fair Value Measurements (Financial Instruments) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Capital leases
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Effective interest rate	7.00%
Level 1 | Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior and senior subordinated notes	$ 5,506	$ 5,916
Level 1 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior and senior subordinated notes	5,715	6,030
Level 3 | Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Capital leases	71	96
Level 3 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Capital leases	$ 70	$ 95

Debt (Schedule of Debt) (Detail

Debt (Schedule of Debt) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2016	Aug. 31, 2016	May 31, 2016	Mar. 31, 2015	Mar. 31, 2014	Oct. 31, 2012	Mar. 31, 2012
Debt Instrument [Line Items]
Total debt	$ 7,790,000,000	$ 7,790,000,000	$ 8,162,000,000
Less short-term portion	(597,000,000)	(597,000,000)	(607,000,000)
Long-term debt	7,193,000,000	7,193,000,000	7,555,000,000
Loss on extinguishment of debt		101,000,000	123,000,000	$ 80,000,000
Accounts Receivable Securitization Facility
Debt Instrument [Line Items]
Unused borrowing capacity amount	$ 57,000,000	$ 57,000,000
Interest rate at period end	1.50%	1.50%
Accounts Receivable Securitization Facility | Accounts receivable facility
Debt Instrument [Line Items]
Total debt	$ 568,000,000	$ 568,000,000	571,000,000
Line of credit facility, maximum borrowing capacity						$ 625,000,000
$2.5 billion ABL Facility
Debt Instrument [Line Items]
Unused borrowing capacity amount	809,000,000	809,000,000
Letters of credit outstanding	$ 36,000,000	$ 36,000,000
Interest rate at period end	2.30%	2.30%
Line of credit facility, maximum borrowing capacity	$ 2,500,000,000	$ 2,500,000,000	2,500,000,000
$2.5 billion ABL Facility | Credit facility
Debt Instrument [Line Items]
Total debt	1,645,000,000	1,645,000,000	$ 1,579,000,000
7 3/8 percent Senior Notes
Debt Instrument [Line Items]
Stated interest rate			7.375%
7 3/8 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Total debt	$ 0	$ 0	$ 740,000,000
8 1/4 percent Senior Notes
Debt Instrument [Line Items]
Stated interest rate	8.25%	8.25%	8.25%
8 1/4 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Total debt	$ 0	$ 0	$ 315,000,000
7 5/8 percent Senior Notes
Debt Instrument [Line Items]
Stated interest rate	7.625%	7.625%
7 5/8 percent Senior Notes | Interest expense
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ 65,000,000
7 5/8 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Total debt	$ 469,000,000	$ 469,000,000	1,306,000,000
Redemption of principal amount of debt		$ 850,000,000
Debt instrument, face amount											$ 1,325,000,000
6 1/8 percent Senior Notes
Debt Instrument [Line Items]
Stated interest rate	6.125%	6.125%
6 1/8 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Total debt	$ 936,000,000	$ 936,000,000	937,000,000
Debt instrument, face amount										$ 400,000,000
4 5/8 percent Senior Secured Notes
Debt Instrument [Line Items]
Stated interest rate	4.625%	4.625%
4 5/8 percent Senior Secured Notes | Senior secured notes
Debt Instrument [Line Items]
Total debt	$ 991,000,000	$ 991,000,000	989,000,000
Debt instrument, face amount								$ 1,000,000,000
5 3/4 percent Senior Notes
Debt Instrument [Line Items]
Stated interest rate	5.75%	5.75%
5 3/4 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Total debt	$ 839,000,000	$ 839,000,000	838,000,000
Debt instrument, face amount									$ 850,000,000
5 1/2 percent Senior Notes due 2025
Debt Instrument [Line Items]
Stated interest rate	5.50%	5.50%
5 1/2 percent Senior Notes due 2025 | Senior notes
Debt Instrument [Line Items]
Total debt	$ 792,000,000	$ 792,000,000	791,000,000
Debt instrument, face amount								$ 800,000,000
5 7/8 percent Senior Notes
Debt Instrument [Line Items]
Stated interest rate	5.875%	5.875%
5 7/8 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Total debt	$ 740,000,000	$ 740,000,000	0
Debt instrument, face amount							$ 750,000,000
5 1/2 percent Senior Notes due 2027
Debt Instrument [Line Items]
Stated interest rate	5.50%	5.50%
5 1/2 percent Senior Notes due 2027 | Senior notes
Debt Instrument [Line Items]
Total debt	$ 739,000,000	$ 739,000,000	0
Debt instrument, face amount					$ 750,000,000
Capital leases
Debt Instrument [Line Items]
Total debt	$ 71,000,000	71,000,000	$ 96,000,000
7 3/8, 8 1/4, and 7 5/8 Senior Notes | Interest expense
Debt Instrument [Line Items]
Loss on extinguishment of debt		$ 100,000,000

Debt (Short Term Debt Narrative

Debt (Short Term Debt Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Aug. 31, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Short-term debt	$ 7,790,000,000		$ 8,162,000,000
Accounts receivable facility | Accounts Receivable Securitization Facility
Short-term Debt [Line Items]
Short-term debt	568,000,000		$ 571,000,000
Average outstanding amount	$ 551,000,000
Interest rate during period	1.20%
Maximum month-end outstanding amount	$ 621,000,000
Line of credit facility, maximum borrowing capacity		$ 625,000,000
Extension period	364 days
Collateral amount	$ 655,000,000

Debt (Long Term Debt Narrative)

Debt (Long Term Debt Narrative) (Details) - USD ($)	1 Months Ended							12 Months Ended	18 Months Ended
	Nov. 30, 2016	May 31, 2016	Mar. 31, 2015	Mar. 31, 2014	Oct. 31, 2012	Mar. 31, 2012	Jun. 30, 2008	Dec. 31, 2016	Mar. 31, 2014	Dec. 31, 2015
$2.5 billion ABL Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity								$ 2,500,000,000		$ 2,500,000,000
Maximum revolving credit amount percentage								10.00%
$2.5 billion ABL Facility | Credit facility | Line of credit
Debt Instrument [Line Items]
Debt instrument, term							5 years
Line of credit facility, maximum borrowing capacity							$ 1,250,000,000	$ 2,500,000,000
Line of credit facility, average outstanding amount								$ 1,400,000,000
Line of credit facility, interest rate during period								2.10%
Line of credit facility, maximum month-end outstanding amount								$ 1,700,000,000
7 5/8 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Debt instrument, face amount						$ 1,325,000,000
Proceeds from issuance of long-term debt						$ 1,295,000,000
Redemption of principal amount of debt								850,000,000
Outstanding principal amount of debt								475,000,000
Debt redemption percentage						101.00%
7 5/8 percent Senior Notes | Senior notes | Period commencing in 2017
Debt Instrument [Line Items]
Debt redemption percentage						103.813%
7 5/8 percent Senior Notes | Senior notes | Period commencing in 2020
Debt Instrument [Line Items]
Debt redemption percentage						100.00%
6 1/8 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Debt instrument, face amount					$ 400,000,000
Proceeds from issuance of long-term debt									$ 939,000,000
Debt redemption percentage					101.00%
Debt instrument, unamortized premium								$ 21,000,000
Effective interest rate								5.70%
6 1/8 percent Senior Notes | Senior notes | Period commencing in 2017
Debt Instrument [Line Items]
Debt redemption percentage				103.063%
6 1/8 percent Senior Notes | Senior notes | Period commencing in 2020
Debt Instrument [Line Items]
Debt redemption percentage				100.00%
Add-on to Senior Notes 6 1/8 percent | Senior notes
Debt Instrument [Line Items]
Debt instrument, face amount				$ 525,000,000					525,000,000
4 5/8 percent Senior Secured Notes | Senior secured notes
Debt Instrument [Line Items]
Debt instrument, face amount			$ 1,000,000,000
Proceeds from issuance of long-term debt			$ 990,000,000
Debt redemption percentage			101.00%
4 5/8 percent Senior Secured Notes | Senior secured notes | Period commencing in 2018
Debt Instrument [Line Items]
Debt redemption percentage			103.469%
4 5/8 percent Senior Secured Notes | Senior secured notes | Period commencing in 2021
Debt Instrument [Line Items]
Debt redemption percentage			100.00%
5 3/4 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Debt instrument, face amount				850,000,000					$ 850,000,000
Proceeds from issuance of long-term debt				$ 837,000,000
Debt redemption percentage				101.00%
5 3/4 percent Senior Notes | Senior notes | Period commencing in 2019
Debt Instrument [Line Items]
Debt redemption percentage				102.875%
5 3/4 percent Senior Notes | Senior notes | Period commencing in 2022
Debt Instrument [Line Items]
Debt redemption percentage				100.00%
5 1/2 percent Senior Notes due 2025 | Senior notes
Debt Instrument [Line Items]
Debt instrument, face amount			$ 800,000,000
Proceeds from issuance of long-term debt			$ 792,000,000
Debt redemption percentage			101.00%
5 1/2 percent Senior Notes due 2025 | Senior notes | Period commencing in 2020
Debt Instrument [Line Items]
Debt redemption percentage			102.75%
5 1/2 percent Senior Notes due 2025 | Senior notes | Period commencing in 2023
Debt Instrument [Line Items]
Debt redemption percentage			100.00%
5 7/8 percent Senior Notes | Senior notes
Debt Instrument [Line Items]
Debt instrument, face amount		$ 750,000,000
Proceeds from issuance of long-term debt		$ 741,000,000
Debt redemption percentage		101.00%
5 7/8 percent Senior Notes | Senior notes | Period commencing in 2021
Debt Instrument [Line Items]
Debt redemption percentage		102.938%
5 7/8 percent Senior Notes | Senior notes | Period commencing in 2024
Debt Instrument [Line Items]
Debt redemption percentage		100.00%
5 1/2 percent Senior Notes due 2027 | Senior notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 750,000,000
Proceeds from issuance of long-term debt	$ 741,000,000
Debt redemption percentage	101.00%
5 1/2 percent Senior Notes due 2027 | Senior notes | Period commencing in 2022
Debt Instrument [Line Items]
Debt redemption percentage	102.75%
5 1/2 percent Senior Notes due 2027 | Senior notes | Period commencing in 2025
Debt Instrument [Line Items]
Debt redemption percentage	100.00%

Debt (Schedule of Debt Maturity

Debt (Schedule of Debt Maturity) (Details) $ in Millions	Dec. 31, 2016USD ($)
Maturity profile:
2,017	$ 597
2,018	21
2,019	12
2,020	4
2,021	1,656
Thereafter	5,553
Total	$ 7,843

Income Taxes (Components of inc

Income Taxes (Components of income tax expense and reconciliation of effective tax rate) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current
Federal	$ 186	$ 13	$ 2
Foreign	10	15	42
State and local	24	14	5
Current income tax expense	220	42	49
Deferred
Federal	119	300	240
Foreign	(1)	5	2
State and local	5	31	19
Deferred income tax expense (benefit)	123	336	261
Total	343	378	310
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Computed tax at statutory tax rate	318	337	297
State income taxes, net of federal tax benefit	21	41	22
Non-deductible expenses and other	9	8	8
Foreign taxes	$ (5)	$ (8)	$ (17)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Loss Carryforwards [Line Items]
Federal statutory income tax rate	35.00%
Unrecognized tax benefits, interest on income taxes expense (less than $1 for December 31, 2016, 2015, and 2014 respectively)	$ 1,000,000	$ 1,000,000	$ 1,000,000
Income before income taxes, foreign	29,000,000	70,000,000	$ 168,000,000
Undistributed earnings of foreign subsidiaries amount	382,000,000
Operating loss carryforwards, benefit	155,000,000
State Jurisdiction
Operating Loss Carryforwards [Line Items]
Deferred tax assets, operating loss carryforwards, state and local	527,000,000
Valuation allowance, amount	9,000,000	$ 12,000,000
Federal Jurisdiction
Operating Loss Carryforwards [Line Items]
Deferred tax assets, operating loss carryforwards, state and local	$ 0

Income Taxes (Components of def

Income Taxes (Components of deferred tax assets and liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Components of Deferred Tax Assets [Abstract]
Reserves and allowances	$ 103	$ 112
Debt cancellation and other	33	48
Net operating loss and credit carryforwards	28	73
Total deferred tax assets	164	233
Components of Deferred Tax Liabilities [Abstract]
Property and equipment	(1,820)	(1,714)
Intangibles	(231)	(272)
Valuation allowance	(9)	(12)
Total deferred tax liability	(2,060)	(1,998)
Total deferred income tax (liability)	$ (1,896)	$ (1,765)

Income Taxes (Unrecognized tax

Income Taxes (Unrecognized tax benefits) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns, Net [Roll Forward]
Balance at January 1	$ 3	$ 7
Additions for tax positions of prior years	1	1
Reductions for tax positions of prior years	0	(1)
Settlements	0	(4)
Balance at December 31	$ 4	$ 3

Commitments and Contingencies70

Commitments and Contingencies (Future Minimum Operating Lease Payments) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Operating leases, rent expense, minimum rentals	$ 149	$ 139	$ 131
Real Estate Leases
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,017	99
2,018	82
2,019	63
2,020	44
2,021	28
Thereafter	39
Total	355
Non-Rental Equipment Leases
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,017	41
2,018	30
2,019	22
2,020	15
2,021	8
Thereafter	2
Total	$ 118

Commitments and Contingencies71

Commitments and Contingencies (Capital Lease Obligations) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Capital Leased Assets [Line Items]
Debt and capital lease obligations	$ 7,790	$ 8,162
Depreciation of rental equipment	990	976	$ 921
Non-rental depreciation and amortization	255	268	273
Less accumulated depreciation and amortization	(16)	(16)
Property and equipment, net	12	13
Rental Equipment
Capital Leased Assets [Line Items]
Depreciation of rental equipment	20	20	20
Property and equipment	190	186
Less accumulated depreciation and amortization	(70)	(56)
Property and equipment, net	120	130
Non-rental Equipment
Capital Leased Assets [Line Items]
Non-rental depreciation and amortization	3	3	$ 4
Non-rental vehicles
Capital Leased Assets [Line Items]
Property and equipment	7	8
Buildings
Capital Leased Assets [Line Items]
Property and equipment	21	21
Capital leases
Capital Leased Assets [Line Items]
Debt and capital lease obligations	$ 71	$ 96

Commitments and Contingencies72

Commitments and Contingencies (Future Minimum Capital Lease Payments) (Details) $ in Millions	Dec. 31, 2016USD ($)
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,017	$ 32
2,018	23
2,019	13
2,020	4
2,021	2
Thereafter	3
Total	77
Less amount representing interest	(6)
Capital lease obligations	$ 71
Capital leases
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Weighted average interest rate	5.70%

Commitments and Contingencies73

Commitments and Contingencies (Employee Benefits Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Defined contribution plan, contributions	$ 23	$ 22	$ 19

Common Stock (Narrative) (Detai

Common Stock (Narrative) (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)
Class of Stock [Line Items]
Common stock authorized (in shares)	500,000,000	500,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Employee stock option
Class of Stock [Line Items]
Common stock, capital shares reserved for future issuance (in shares)	500,000	600,000
Restricted Stock Units (RSUs)
Class of Stock [Line Items]
Restricted stock units outstanding (in shares)	1,100,000
Share conversion ratio	1
Shares issued for RSUs (in shares)	346,000
Shares paid for tax withholding (in shares)	190,000
Compensation expense not yet recognized | $	$ 32
Compensation expense not yet recognized, period for recognition	1 year 11 months
Fair value of RSUs vested during the period | $	$ 39	$ 84	$ 54
Time-based Restricted Stock Units
Class of Stock [Line Items]
Vesting period	3 years
Vesting period, start duration from grant date	12 months
2010 Long Term Incentive Plan
Class of Stock [Line Items]
Shares available for grant (in shares)	3,700,000

Common Stock (Schedule of Stock

Common Stock (Schedule of Stock Option Activity) (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Shares
Outstanding at beginning of period (in shares)	561	652	875
Granted (in shares)	0	0	0
Exercised (shares)	(54)	(87)	(213)
Canceled (in shares)	0	(4)	(10)
Outstanding at end of period (in shares)	507	561	652
Exercisable (in shares)	507	537	564
Weighted-Average Exercise Price
Outstanding at beginning of period (in dollars per share)	$ 20.99	$ 19.99	$ 17.85
Granted (in dollars per share)	0	0	0
Exercised (in dollars per share)	17.42	13.54	11.21
Canceled (in dollars per share)	0	20.29	19.98
Outstanding at end of period (in dollars per share)	21.37	20.99	19.99
Exercisable (in dollars per share)	$ 21.37	$ 19.49	$ 16.18

Common Stock (Schedule of Sto76

Common Stock (Schedule of Stock Option Exercise Prices) (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Amount Outstanding (in shares) | shares	507
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 21.37
Options Exercisable, Amount Exercisable (in shares) | shares	507
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 21.37
0.01-5.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	0.01
Range of exercise prices, maximum (in dollars per share)	$ 5
Options Outstanding, Amount Outstanding (in shares) | shares	100
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	2 years 2 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 3.38
Options Exercisable, Amount Exercisable (in shares) | shares	100
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 3.38
5.01-10.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	5.01
Range of exercise prices, maximum (in dollars per share)	$ 10
Options Outstanding, Amount Outstanding (in shares) | shares	169
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	3 years 2 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 8.32
Options Exercisable, Amount Exercisable (in shares) | shares	169
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 8.32
10.01-15.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	10.01
Range of exercise prices, maximum (in dollars per share)	$ 15
Options Outstanding, Amount Outstanding (in shares) | shares	12
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	2 years 1 month
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 14.50
Options Exercisable, Amount Exercisable (in shares) | shares	12
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 14.50
15.01-20.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	15.01
Range of exercise prices, maximum (in dollars per share)	$ 20
Options Outstanding, Amount Outstanding (in shares) | shares	12
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	2 years 10 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 15.22
Options Exercisable, Amount Exercisable (in shares) | shares	12
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 15.22
25.01-30.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	25.01
Range of exercise prices, maximum (in dollars per share)	$ 30
Options Outstanding, Amount Outstanding (in shares) | shares	27
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	3 years 2 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 26.01
Options Exercisable, Amount Exercisable (in shares) | shares	27
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 26.01
30.01-35.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	30.01
Range of exercise prices, maximum (in dollars per share)	$ 35
Options Outstanding, Amount Outstanding (in shares) | shares	62
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	4 years 2 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 31.49
Options Exercisable, Amount Exercisable (in shares) | shares	62
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 31.49
40.01-45.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	40.01
Range of exercise prices, maximum (in dollars per share)	$ 45
Options Outstanding, Amount Outstanding (in shares) | shares	51
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	5 years 1 month
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 41.25
Options Exercisable, Amount Exercisable (in shares) | shares	51
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 41.25
50.01-55.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, minimum (in dollars per share)	50.01
Range of exercise prices, maximum (in dollars per share)	$ 55
Options Outstanding, Amount Outstanding (in shares) | shares	74
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	6 years 2 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 53.78
Options Exercisable, Amount Exercisable (in shares) | shares	74
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 53.78

Common Stock (Schedule of Intri

Common Stock (Schedule of Intrinsic Value of Options Exercised) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity and Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Intrinsic value of options outstanding as of December 31	$ 43	$ 29
Intrinsic value of options exercisable as of December 31	43	28
Intrinsic value of options exercised	$ 4	$ 7	$ 17
Weighted-average grant date fair value per option (in dollars per share)	$ 0	$ 0	$ 0

Common Stock (Schedule of Restr

Common Stock (Schedule of Restricted Stock Unit Activity) (Details) - Restricted Stock Units (RSUs) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Stock Units
Nonvested as of December 31, 2015 (in shares)	530
Granted (in shares)	901	463	805
Vested (in shares)	(645)
Forfeited (in shares)	(35)
Nonvested as of December 31, 2016 (in shares)	751	530
Weighted-Average Grant Date Fair Value
Nonvested as of December 31, 2015 (in dollars per share)	$ 81.94
Granted (in dollars per share)	60.55	$ 86.84	$ 92.28
Vested (in dollars per share)	64.62
Forfeited (in dollars per share)	79.19
Nonvested as of December 31, 2016 (in dollars per share)	$ 71.29	$ 81.94

Quarterly Financial Informati79

Quarterly Financial Information (Unaudited) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2016	Mar. 31, 2012
Selected Quarterly Financial Information [Abstract]
Total revenues	$ 1,523,000,000	$ 1,508,000,000	$ 1,421,000,000	$ 1,310,000,000	$ 1,523,000,000	$ 1,550,000,000	$ 1,429,000,000	$ 1,315,000,000	$ 5,762,000,000	$ 5,817,000,000	$ 5,685,000,000
Gross profit	657,000,000	656,000,000	590,000,000	500,000,000	648,000,000	690,000,000	618,000,000	524,000,000	2,403,000,000	2,480,000,000	2,432,000,000
Operating income	402,000,000	412,000,000	347,000,000	254,000,000	397,000,000	446,000,000	375,000,000	300,000,000	1,415,000,000	1,518,000,000	1,391,000,000
Net income	$ 153,000,000	$ 187,000,000	$ 134,000,000	$ 92,000,000	$ 169,000,000	$ 215,000,000	$ 86,000,000	$ 115,000,000	$ 566,000,000	$ 585,000,000	$ 540,000,000
Earnings per share - basic (in dollars per share)	$ 1.82	$ 2.18	$ 1.52	$ 1.01	$ 1.82	$ 2.28	$ 0.89	$ 1.19	$ 6.49	$ 6.14	$ 5.54
Earnings per share - diluted (in dollars per share)	1.80	2.16	1.52	1.01	$ 1.81	2.25	0.88	1.16	$ 6.45	$ 6.07	$ 5.15
Effect of Fourth Quarter Events [Line Items]
Restructuring charge									$ 14,000,000	$ 6,000,000	$ (1,000,000)
Loss on extinguishment of debt									$ 101,000,000	123,000,000	$ 80,000,000
Decrease in stock compensation, net					$ 14,000,000
Refund from tax settlement					5,000,000					$ 5,000,000
Reduction in cost of equipment rentals, excluding depreciation					5,000,000
Increase in valuation allowance					$ 5,000,000
Earnings Per Share, Diluted, Other Disclosures [Abstract]
Merger related intangible asset amortization (in dollars per share)	(0.29)	(0.28)	(0.28)	(0.30)	$ (0.28)	(0.28)	(0.27)	(0.32)	$ (1.12)	$ (1.15)
Merger related costs (in dollars per share)					0	0	0	0.17		0.17
Impact on depreciation related to acquired RSC fleet and property and equipment (in dollars per share)					0	0	0	0.01		0.02
Impact of the fair value mark-up of acquired RSC fleet (in dollars per share)	(0.06)	(0.05)	(0.06)	(0.06)	(0.07)	(0.04)	(0.04)	(0.04)	(0.25)	(0.19)
Impact on interest expense related to fair value adjustment of acquired RSC indebtedness (in dollars per share)	0	0	0	0	0	0	0	0.01	0.01	0.02
Restructuring charge (in dollars per share)	(0.05)	(0.02)	(0.02)	(0.01)	(0.03)	0	0	0	(0.11)	(0.04)
Asset impairment charge (in dollars per share)	0	0	0	(0.02)					(0.03)
Loss on extinguishment of debt securities and amendment of ABL facility (in dollars per share)	$ (0.47)	$ (0.07)	$ (0.18)	$ 0	$ 0	$ 0	$ (0.76)	$ (0.01)	$ (0.70)	$ (0.78)
7 5/8 percent Senior Notes
Effect of Fourth Quarter Events [Line Items]
Stated interest rate	7.625%								7.625%
7 5/8 percent Senior Notes | Interest expense
Effect of Fourth Quarter Events [Line Items]
Loss on extinguishment of debt	$ 65,000,000
5 1/2 percent Senior Notes due 2027
Effect of Fourth Quarter Events [Line Items]
Stated interest rate	5.50%								5.50%
Senior notes | 7 5/8 percent Senior Notes
Effect of Fourth Quarter Events [Line Items]
Redemption of principal amount of debt									$ 850,000,000
Debt instrument, face amount													$ 1,325,000,000
Senior notes | 5 1/2 percent Senior Notes due 2027
Effect of Fourth Quarter Events [Line Items]
Debt instrument, face amount												$ 750,000,000
2015-2016 Cost Savings Restructuring Program
Effect of Fourth Quarter Events [Line Items]
Restructuring charge	$ 6,000,000				$ 4,000,000				$ 14,000,000	$ 4,000,000

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Numerator:
Net income available to common stockholders									$ 566	$ 585	$ 540
Denominator:
Denominator for basic earnings per share—weighted-average common shares (in shares)									87,217	95,170	97,489
Effect of dilutive securities:
4 percent Convertible Senior Notes (in shares)									0	660	6,386
Denominator for diluted earnings per share—adjusted weighted-average common shares (in shares)									87,775	96,379	104,956
Basic earnings per share (in dollars per share)	$ 1.82	$ 2.18	$ 1.52	$ 1.01	$ 1.82	$ 2.28	$ 0.89	$ 1.19	$ 6.49	$ 6.14	$ 5.54
Diluted earnings per share (in dollars per share)	$ 1.80	$ 2.16	$ 1.52	$ 1.01	$ 1.81	$ 2.25	$ 0.88	$ 1.16	$ 6.45	$ 6.07	$ 5.15
4 percent Convertible Senior Notes
Effect of dilutive securities:
Stated interest rate					4.00%					4.00%	4.00%
Employee stock options and warrants
Effect of dilutive securities:
Share-based payment arrangements (in shares)									277	300	394
Restricted stock units
Effect of dilutive securities:
Share-based payment arrangements (in shares)									281	249	687

Condensed Consolidating Finan81

Condensed Consolidating Financial Information of Guarantor Subsidiaries - CONDENSED CONSOLIDATING BALANCE SHEETS (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 312	$ 179	$ 158	$ 175
Accounts receivable, net	920	930
Intercompany receivable (payable)	0	0
Inventory	68	69
Prepaid expenses and other assets	61	116
Total current assets	1,361	1,294
Investments in subsidiaries	0	0
Goodwill	3,260	3,243	3,272	2,953
Other intangible assets, net	742	905
Other long-term assets	6	10
Total assets	11,988	12,083	12,129
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	597	607
Accounts payable	243	271
Accrued expenses and other liabilities	344	355
Total current liabilities	1,184	1,233
Long-term debt	7,193	7,555
Deferred taxes	1,896	1,765
Other long-term liabilities	67	54
Total liabilities	10,340	10,607
Total stockholders’ equity (deficit)	1,648	1,476
Total liabilities and stockholders’ equity	11,988	12,083
Eliminations
ASSETS
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Intercompany receivable (payable)	104	101
Inventory	0	0
Prepaid expenses and other assets	0	0
Total current assets	104	101
Investments in subsidiaries	(3,283)	(3,189)
Goodwill	0	0
Other intangible assets, net	0	0
Other long-term assets	0	0
Total assets	(3,179)	(3,088)
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	0	0
Accounts payable	0	0
Accrued expenses and other liabilities	0	0
Total current liabilities	0	0
Long-term debt	0	0
Deferred taxes	0	0
Other long-term liabilities	0	0
Total liabilities	0	0
Total stockholders’ equity (deficit)	(3,179)	(3,088)
Total liabilities and stockholders’ equity	(3,179)	(3,088)
Parent
ASSETS
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Intercompany receivable (payable)	336	144
Inventory	0	0
Prepaid expenses and other assets	5	0
Total current assets	341	144
Investments in subsidiaries	1,292	1,307
Goodwill	0	0
Other intangible assets, net	0	0
Other long-term assets	0	3
Total assets	1,671	1,499
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	1	1
Accounts payable	0	0
Accrued expenses and other liabilities	0	0
Total current liabilities	1	1
Long-term debt	2	4
Deferred taxes	20	18
Other long-term liabilities	0	0
Total liabilities	23	23
Total stockholders’ equity (deficit)	1,648	1,476
Total liabilities and stockholders’ equity	$ 1,671	1,499
URNA
Condensed Financial Information Other Details [Abstract]
Ownership percentage in subsidiaries	100.00%
ASSETS
Cash and cash equivalents	$ 21	18	8	17
Accounts receivable, net	38	41
Intercompany receivable (payable)	(137)	40
Inventory	61	62
Prepaid expenses and other assets	51	98
Total current assets	34	259
Investments in subsidiaries	1,013	958
Goodwill	3,013	3,000
Other intangible assets, net	686	838
Other long-term assets	6	7
Total assets	10,787	11,053
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	25	34
Accounts payable	217	237
Accrued expenses and other liabilities	305	314
Total current liabilities	547	585
Long-term debt	7,076	7,430
Deferred taxes	1,805	1,677
Other long-term liabilities	67	54
Total liabilities	9,495	9,746
Total stockholders’ equity (deficit)	1,292	1,307
Total liabilities and stockholders’ equity	$ 10,787	11,053
Guarantor Subsidiaries
Condensed Financial Information Other Details [Abstract]
Ownership percentage in subsidiaries	100.00%
ASSETS
Cash and cash equivalents	$ 0	0	0	0
Accounts receivable, net	0	0
Intercompany receivable (payable)	(188)	(176)
Inventory	0	0
Prepaid expenses and other assets	0	0
Total current assets	(188)	(176)
Investments in subsidiaries	978	924
Goodwill	0	0
Other intangible assets, net	0	0
Other long-term assets	0	0
Total assets	816	768
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	0	0
Accounts payable	0	0
Accrued expenses and other liabilities	13	14
Total current liabilities	13	14
Long-term debt	111	110
Deferred taxes	0	0
Other long-term liabilities	0	0
Total liabilities	124	124
Total stockholders’ equity (deficit)	692	644
Total liabilities and stockholders’ equity	816	768
Non Guarantor Subsidiaries - Foreign
ASSETS
Cash and cash equivalents	291	161	150	158
Accounts receivable, net	96	104
Intercompany receivable (payable)	(115)	(109)
Inventory	7	7
Prepaid expenses and other assets	5	18
Total current assets	284	181
Investments in subsidiaries	0	0
Goodwill	247	243
Other intangible assets, net	56	67
Other long-term assets	0	0
Total assets	1,107	1,066
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	3	0
Accounts payable	26	34
Accrued expenses and other liabilities	25	27
Total current liabilities	54	61
Long-term debt	4	11
Deferred taxes	71	70
Other long-term liabilities	0	0
Total liabilities	129	142
Total stockholders’ equity (deficit)	978	924
Total liabilities and stockholders’ equity	1,107	1,066
Non Guarantor Subsidiaries - SPV
ASSETS
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts receivable, net	786	785
Intercompany receivable (payable)	0	0
Inventory	0	0
Prepaid expenses and other assets	0	0
Total current assets	786	785
Investments in subsidiaries	0	0
Goodwill	0	0
Other intangible assets, net	0	0
Other long-term assets	0	0
Total assets	786	785
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term debt and current maturities of long-term debt	568	572
Accounts payable	0	0
Accrued expenses and other liabilities	1	0
Total current liabilities	569	572
Long-term debt	0	0
Deferred taxes	0	0
Other long-term liabilities	0	0
Total liabilities	569	572
Total stockholders’ equity (deficit)	217	213
Total liabilities and stockholders’ equity	$ 786	$ 785
8 1/4 percent Senior Notes
Condensed Financial Information Other Details [Abstract]
Stated interest rate	8.25%	8.25%
ABL Facility, Accounts Receivable Securitization Facility, and Other Agreements
Condensed Financial Information Other Details [Abstract]
Line of credit facility, restricted payment capacity	$ 713
ABL Facility, Accounts Receivable Securitization Facility, and Other Agreements | URNA
Condensed Financial Information Other Details [Abstract]
Line of credit facility, restricted payment capacity	377
Rental equipment, net
ASSETS
Property, plant and equipment, net	6,189	$ 6,186
Rental equipment, net | Eliminations
ASSETS
Property, plant and equipment, net	0	0
Rental equipment, net | Parent
ASSETS
Property, plant and equipment, net	0	0
Rental equipment, net | URNA
ASSETS
Property, plant and equipment, net	5,709	5,657
Rental equipment, net | Guarantor Subsidiaries
ASSETS
Property, plant and equipment, net	0	0
Rental equipment, net | Non Guarantor Subsidiaries - Foreign
ASSETS
Property, plant and equipment, net	480	529
Rental equipment, net | Non Guarantor Subsidiaries - SPV
ASSETS
Property, plant and equipment, net	0	0
Property and equipment, net
ASSETS
Property, plant and equipment, net	430	445
Property and equipment, net | Eliminations
ASSETS
Property, plant and equipment, net	0	0
Property and equipment, net | Parent
ASSETS
Property, plant and equipment, net	38	45
Property and equipment, net | URNA
ASSETS
Property, plant and equipment, net	326	334
Property and equipment, net | Guarantor Subsidiaries
ASSETS
Property, plant and equipment, net	26	20
Property and equipment, net | Non Guarantor Subsidiaries - Foreign
ASSETS
Property, plant and equipment, net	40	46
Property and equipment, net | Non Guarantor Subsidiaries - SPV
ASSETS
Property, plant and equipment, net	$ 0	$ 0

Condensed Consolidating Finan82

Condensed Consolidating Financial Information of Guarantor Subsidiaries - CONDENSED CONSOLIDATING STATEMENTS OF INCOME (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Equipment rentals										$ 4,941	$ 4,949	$ 4,819
Sales of rental equipment										496	538	544
Sales of new equipment										144	157	149
Contractor supplies sales										79	79	85
Service and other revenues										102	94	88
Total revenues		$ 1,523	$ 1,508	$ 1,421	$ 1,310	$ 1,523	$ 1,550	$ 1,429	$ 1,315	5,762	5,817	5,685
Cost of revenues:
Cost of equipment rentals, excluding depreciation										1,862	1,826	1,806
Depreciation of rental equipment										990	976	921
Cost of rental equipment sales										292	311	315
Cost of new equipment sales										119	131	120
Cost of contractor supplies sales										55	55	59
Cost of service and other revenues										41	38	32
Total cost of revenues										3,359	3,337	3,253
Gross profit		657	656	590	500	648	690	618	524	2,403	2,480	2,432
Selling, general and administrative expenses										719	714	758
Merger related costs										0	(26)	11
Restructuring charge										14	6	(1)
Non-rental depreciation and amortization										255	268	273
Operating income		402	412	347	254	397	446	375	300	1,415	1,518	1,391
Interest (income) expense, net										511	567	555
Other (income) expense, net										(5)	(12)	(14)
Income before provision for income taxes										909	963	850
Provision for income taxes										343	378	310
Income (loss) before equity in net earnings (loss) of subsidiaries										566	585	540
Equity in net earnings (loss) of subsidiaries										0	0	0
Net income		$ 153	$ 187	$ 134	$ 92	$ 169	$ 215	$ 86	$ 115	566	585	540
Other comprehensive income (loss)	[1]									32	(176)	(93)
Comprehensive income										598	409	447
Eliminations
Revenues:
Equipment rentals										0	0	0
Sales of rental equipment										0	0	0
Sales of new equipment										0	0	0
Contractor supplies sales										0	0	0
Service and other revenues										0	0	0
Total revenues										0	0	0
Cost of revenues:
Cost of equipment rentals, excluding depreciation										0	0	0
Depreciation of rental equipment										0	0	0
Cost of rental equipment sales										0	0	0
Cost of new equipment sales										0	0	0
Cost of contractor supplies sales										0	0	0
Cost of service and other revenues										0	0	0
Total cost of revenues										0	0	0
Gross profit										0	0	0
Selling, general and administrative expenses										0	0	0
Merger related costs											0	0
Restructuring charge										0	0	0
Non-rental depreciation and amortization										0	0	0
Operating income										0	0	0
Interest (income) expense, net										(5)	(5)	(6)
Other (income) expense, net										0	0	0
Income before provision for income taxes										5	5	6
Provision for income taxes										0	0	0
Income (loss) before equity in net earnings (loss) of subsidiaries										5	5	6
Equity in net earnings (loss) of subsidiaries										(383)	(473)	(770)
Net income										(378)	(468)	(764)
Other comprehensive income (loss)										(82)	490	255
Comprehensive income										(460)	22	(509)
Parent
Revenues:
Equipment rentals										0	0	0
Sales of rental equipment										0	0	0
Sales of new equipment										0	0	0
Contractor supplies sales										0	0	0
Service and other revenues										0	0	0
Total revenues										0	0	0
Cost of revenues:
Cost of equipment rentals, excluding depreciation										0	0	0
Depreciation of rental equipment										0	0	0
Cost of rental equipment sales										0	0	0
Cost of new equipment sales										0	0	0
Cost of contractor supplies sales										0	0	0
Cost of service and other revenues										0	0	0
Total cost of revenues										0	0	0
Gross profit										0	0	0
Selling, general and administrative expenses										43	5	55
Merger related costs											0	0
Restructuring charge										0	0	0
Non-rental depreciation and amortization										15	15	17
Operating income										(58)	(20)	(72)
Interest (income) expense, net										(6)	(3)	9
Other (income) expense, net										(471)	(471)	(149)
Income before provision for income taxes										419	454	68
Provision for income taxes										154	201	1
Income (loss) before equity in net earnings (loss) of subsidiaries										265	253	67
Equity in net earnings (loss) of subsidiaries										301	332	473
Net income										566	585	540
Other comprehensive income (loss)										32	(176)	(93)
Comprehensive income										598	409	447
URNA
Revenues:
Equipment rentals										4,524	4,452	4,217
Sales of rental equipment										444	480	478
Sales of new equipment										129	137	124
Contractor supplies sales										68	69	70
Service and other revenues										87	80	73
Total revenues										5,252	5,218	4,962
Cost of revenues:
Cost of equipment rentals, excluding depreciation										1,669	1,603	1,558
Depreciation of rental equipment										900	881	820
Cost of rental equipment sales										265	279	277
Cost of new equipment sales										107	115	101
Cost of contractor supplies sales										47	48	49
Cost of service and other revenues										35	33	27
Total cost of revenues										3,023	2,959	2,832
Gross profit										2,229	2,259	2,130
Selling, general and administrative expenses										579	596	607
Merger related costs											(26)	11
Restructuring charge										7	5	(1)
Non-rental depreciation and amortization										216	228	226
Operating income										1,427	1,456	1,287
Interest (income) expense, net										509	559	538
Other (income) expense, net										521	513	212
Income before provision for income taxes										397	384	537
Provision for income taxes										157	141	236
Income (loss) before equity in net earnings (loss) of subsidiaries										240	243	301
Equity in net earnings (loss) of subsidiaries										61	89	172
Net income										301	332	473
Other comprehensive income (loss)										32	(176)	(93)
Comprehensive income										333	156	380
Guarantor Subsidiaries
Revenues:
Equipment rentals										0	0	0
Sales of rental equipment										0	0	0
Sales of new equipment										0	0	0
Contractor supplies sales										0	0	0
Service and other revenues										0	0	0
Total revenues										0	0	0
Cost of revenues:
Cost of equipment rentals, excluding depreciation										0	0	0
Depreciation of rental equipment										0	0	0
Cost of rental equipment sales										0	0	0
Cost of new equipment sales										0	0	0
Cost of contractor supplies sales										0	0	0
Cost of service and other revenues										0	0	0
Total cost of revenues										0	0	0
Gross profit										0	0	0
Selling, general and administrative expenses										0	1	3
Merger related costs											0	0
Restructuring charge										0	0	0
Non-rental depreciation and amortization										0	1	1
Operating income										0	(2)	(4)
Interest (income) expense, net										3	8	5
Other (income) expense, net										0	0	(3)
Income before provision for income taxes										(3)	(10)	(6)
Provision for income taxes										0	(5)	0
Income (loss) before equity in net earnings (loss) of subsidiaries										(3)	(5)	(6)
Equity in net earnings (loss) of subsidiaries										21	52	125
Net income										18	47	119
Other comprehensive income (loss)										28	(175)	(90)
Comprehensive income										46	(128)	29
Non Guarantor Subsidiaries - Foreign
Revenues:
Equipment rentals										417	497	602
Sales of rental equipment										52	58	66
Sales of new equipment										15	20	25
Contractor supplies sales										11	10	15
Service and other revenues										15	14	15
Total revenues										510	599	723
Cost of revenues:
Cost of equipment rentals, excluding depreciation										193	223	248
Depreciation of rental equipment										90	95	101
Cost of rental equipment sales										27	32	38
Cost of new equipment sales										12	16	19
Cost of contractor supplies sales										8	7	10
Cost of service and other revenues										6	5	5
Total cost of revenues										336	378	421
Gross profit										174	221	302
Selling, general and administrative expenses										72	79	84
Merger related costs											0	0
Restructuring charge										7	1	0
Non-rental depreciation and amortization										24	24	29
Operating income										71	117	189
Interest (income) expense, net										2	3	4
Other (income) expense, net										40	44	17
Income before provision for income taxes										29	70	168
Provision for income taxes										8	18	43
Income (loss) before equity in net earnings (loss) of subsidiaries										21	52	125
Equity in net earnings (loss) of subsidiaries										0	0	0
Net income										21	52	125
Other comprehensive income (loss)										22	(139)	(72)
Comprehensive income										43	(87)	53
Non Guarantor Subsidiaries - SPV
Revenues:
Equipment rentals										0	0	0
Sales of rental equipment										0	0	0
Sales of new equipment										0	0	0
Contractor supplies sales										0	0	0
Service and other revenues										0	0	0
Total revenues										0	0	0
Cost of revenues:
Cost of equipment rentals, excluding depreciation										0	0	0
Depreciation of rental equipment										0	0	0
Cost of rental equipment sales										0	0	0
Cost of new equipment sales										0	0	0
Cost of contractor supplies sales										0	0	0
Cost of service and other revenues										0	0	0
Total cost of revenues										0	0	0
Gross profit										0	0	0
Selling, general and administrative expenses										25	33	9
Merger related costs											0	0
Restructuring charge										0	0	0
Non-rental depreciation and amortization										0	0	0
Operating income										(25)	(33)	(9)
Interest (income) expense, net										8	5	5
Other (income) expense, net										(95)	(98)	(91)
Income before provision for income taxes										62	60	77
Provision for income taxes										24	23	30
Income (loss) before equity in net earnings (loss) of subsidiaries										38	37	47
Equity in net earnings (loss) of subsidiaries										0	0	0
Net income										38	37	47
Other comprehensive income (loss)										0	0	0
Comprehensive income										$ 38	$ 37	$ 47
[1]	There were no material reclassifications from accumulated other comprehensive loss reflected in other comprehensive income (loss) during the years ended December 31, 2016, 2015 or 2014. There is no tax impact related to the foreign currency translation adjustments, as the earnings are considered permanently reinvested. There were no material taxes associated with other comprehensive loss during the years ended December 31, 2016, 2015 or 2014.

Condensed Consolidating Finan83

Condensed Consolidating Financial Information of Guarantor Subsidiaries - CONDENSED CONSOLIDATING CASH FLOW INFORMATION (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 1,953	$ 1,995	$ 1,801
Net cash used in investing activities	(859)	(1,170)	(2,000)
Net cash (used in) provided by financing activities	(964)	(775)	196
Effect of foreign exchange rates	3	(29)	(14)
Net increase (decrease) in cash and cash equivalents	133	21	(17)
Cash and cash equivalents at beginning of year	179	158	175
Cash and cash equivalents at end of year	312	179	158
Eliminations
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	0	0	0
Net cash used in investing activities	0	0	0
Net cash (used in) provided by financing activities	0	0	0
Effect of foreign exchange rates	0	0	0
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents at beginning of year	0	0	0
Cash and cash equivalents at end of year	0	0	0
Parent
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	9	13	13
Net cash used in investing activities	(9)	(13)	(13)
Net cash (used in) provided by financing activities	0	0	0
Effect of foreign exchange rates	0	0	0
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents at beginning of year	0	0	0
Cash and cash equivalents at end of year	0	0	0
URNA
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	1,774	1,804	1,644
Net cash used in investing activities	(844)	(1,035)	(1,773)
Net cash (used in) provided by financing activities	(927)	(759)	120
Effect of foreign exchange rates	0	0	0
Net increase (decrease) in cash and cash equivalents	3	10	(9)
Cash and cash equivalents at beginning of year	18	8	17
Cash and cash equivalents at end of year	21	18	8
Guarantor Subsidiaries
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(3)	(3)	4
Net cash used in investing activities	0	0	0
Net cash (used in) provided by financing activities	3	3	(4)
Effect of foreign exchange rates	0	0	0
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents at beginning of year	0	0	0
Cash and cash equivalents at end of year	0	0	0
Non Guarantor Subsidiaries - Foreign
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	136	170	223
Net cash used in investing activities	(6)	(122)	(214)
Net cash (used in) provided by financing activities	(3)	(8)	(3)
Effect of foreign exchange rates	3	(29)	(14)
Net increase (decrease) in cash and cash equivalents	130	11	(8)
Cash and cash equivalents at beginning of year	161	150	158
Cash and cash equivalents at end of year	291	161	150
Non Guarantor Subsidiaries - SPV
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	37	11	(83)
Net cash used in investing activities	0	0	0
Net cash (used in) provided by financing activities	(37)	(11)	83
Effect of foreign exchange rates	0	0	0
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents at beginning of year	0	0	0
Cash and cash equivalents at end of year	$ 0	$ 0	$ 0

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	Jan. 25, 2017USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)employeebranch	Dec. 31, 2015USD ($)
Rental Equipment
Subsequent Event [Line Items]
Rental assets			$ 6,189	$ 6,186
NES Rentals Holdings II, Inc.
Subsequent Event [Line Items]
Number of branch locations | branch			73
Number of entity employees | employee			1,100
NES Rentals Holdings II, Inc. | Rental Equipment
Subsequent Event [Line Items]
Rental assets			$ 900
Proposed Merger with NES Rentals Holdings II, Inc. | Subsequent Event
Subsequent Event [Line Items]
Revenues	$ 369
Proposed Merger with NES Rentals Holdings II, Inc. | Scenario, Forecast | Subsequent Event
Subsequent Event [Line Items]
Aggregate merger consideration paid		$ 965

Schedule II - Valuation and Q85

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for doubtful accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 55	$ 43	$ 49
Charged to Costs and Expenses	24	32	13
Deductions	25	20	19
Balance at End of Period	54	55	43
Reserve for obsolescence and shrinkage
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	4	3	3
Charged to Costs and Expenses	17	18	18
Deductions	18	17	18
Balance at End of Period	3	4	3
Self-insurance reserve
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	90	92	94
Charged to Costs and Expenses	108	110	105
Deductions	104	112	107
Balance at End of Period	$ 94	$ 90	$ 92