Herc (HRI) 10-K 27 Feb 20 2019 FY Annual report Financial data

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 33	$ 27.8
Receivables, net of allowances of $18.8 and $21.5, respectively	306.7	332.4
Other current assets	28.9	40.2
Assets held for sale	31.1	0
Total current assets	399.7	400.4
Rental equipment, net	2,490	2,504.7
Property and equipment, net	311.8	282.5
Right-of-use lease assets	207.3	0
Intangible assets, net	291.5	293.5
Goodwill	93.6	91
Other long-term assets	23.1	38.1
Total assets	3,817	3,610.2
LIABILITIES AND EQUITY
Current maturities of long-term debt and financing obligations	30.4	29.9
Current maturities of operating lease liabilities	30.5	0
Accounts payable	126.5	147
Accrued liabilities	135.7	122.3
Total current liabilities	323.1	299.2
Long-term debt, net	2,051.5	2,129.9
Financing obligations, net	117.6	116.3
Operating lease liabilities	182.2	0
Deferred tax liabilities	459.3	448.3
Other long-term liabilities	39	43.8
Total liabilities	3,172.7	3,037.5
Equity:
Preferred stock, $0.01 par value, 13.3 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.01 par value, 133.3 shares authorized, 31.5 and 31.2 shares issued and 28.8 and 28.5 shares outstanding	0.3	0.3
Additional paid-in capital	1,796.9	1,777.9
Accumulated deficit	(351.2)	(391.1)
Accumulated other comprehensive loss	(109.7)	(122.4)
Treasury stock, at cost, 2.7 shares and 2.7 shares	(692)	(692)
Total equity	644.3	572.7
Total liabilities and equity	$ 3,817	$ 3,610.2

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Receivables, allowance for doubtful accounts	$ 18.8	$ 21.5
Preferred Stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred Stock, shares authorized (in shares)	13,300,000	13,300,000
Preferred Stock, shares issued (in shares)	0	0
Preferred Stock, shares outstanding (in shares)	0	0
Common Stock, par value (in USD per share)	$ 0.01	$ 0.01
Common Stock, shares authorized (in shares)	133,300,000	133,300,000
Common Stock, shares issued (in shares)	31,500,000	31,200,000
Common Stock, shares outstanding (in shares)	28,800,000	28,500,000
Treasury Stock, shares (in shares)	2,700,000	2,700,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS Statement - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Revenues	$ 1,999	$ 1,976.7	$ 1,754.5
Expenses:
Direct operating	771.1	785.2	718.9
Depreciation of rental equipment	409.1	387.5	378.9
Cost of sales of rental equipment	243.2	244.3	192
Cost of sales of new equipment, parts and supplies	33.3	37.7	39.5
Selling, general and administrative	294.8	311.3	319.1
Restructuring	7.7	5	2
Impairment	5.1	0.1	29.7
Interest expense, net	173.5	137	140
Other income, net	(2.4)	(0.2)	(1.2)
Total expenses	1,935.4	1,907.9	1,818.9
Income (loss) before income taxes	63.6	68.8	(64.4)
Income tax (provision) benefit	(16.1)	0.3	224.7
Net income	$ 47.5	$ 69.1	$ 160.3
Weighted average shares outstanding:
Basic	28.7	28.4	28.3
Diluted	29.1	28.9	28.6
Earnings per share:
Basic	$ 1.66	$ 2.43	$ 5.66
Diluted	$ 1.63	$ 2.39	$ 5.60
Equipment Rental [Member]
Revenues:
Revenues	$ 1,701.8	$ 1,658.3	$ 1,499
Sales of Revenue Earning Equipment [Member]
Revenues:
Revenues	242.8	256.2	190.8
New Equipment, Parts and Supplies [Member]
Revenues:
Revenues	44	49.3	52.3
Service and Other Revenue [Member]
Revenues:
Revenues	$ 10.4	$ 12.9	$ 12.4

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 47.5	$ 69.1	$ 160.3
Other comprehensive income (loss):
Foreign currency translation adjustments	11.5	(20)	17.7
Unrealized gains and (losses) on hedging instruments:
Unrealized gains (losses) on hedging instruments	(3.6)	1.5	2.1
Income tax benefit (provision) related to hedging instruments	2.1	(0.4)	(0.8)
Pension and postretirement benefit liability adjustments:
Amortization of net losses and settlement losses included in net periodic pension cost	1.9	1.9	2.3
Pension and postretirement benefit liability adjustments arising during the period	3.3	(5.6)
Income tax benefit (provision) related to pension and postretirement plans	(2.5)	1	(1.2)
Total other comprehensive income (loss)	12.7	(21.6)	20.1
Total comprehensive income	$ 60.2	$ 47.5	$ 180.4

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Beginning balance (in shares) at Dec. 31, 2016		28,300,000
Beginning balance at Dec. 31, 2016	$ 317.7	$ 0.3	$ 1,753.3	$ (625.2)	$ (118.7)	$ (692)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	160.3			160.3
Other comprehensive income	20.1				20.1
Net settlement on vesting of equity awards (in shares)		0
Net settlement on vesting of equity awards	(0.1)		(0.1)
Stock-based compensation charges	10.1		10.1
Employee stock purchase plan	1.1		1.1
Exercise of stock options and other (in shares)		0
Exercise of stock options	0.7		0.7
Net transfers with THC	(2)		(2)
Ending balance (in shares) at Dec. 31, 2017		28,300,000
Ending balance at Dec. 31, 2017	510.4	$ 0.3	1,763.1	(462.4)	(98.6)	(692)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of accounting change (Note 14)	2.5			2.5
Net income	69.1			69.1
Other comprehensive income	(21.6)				(23.8)
Net settlement on vesting of equity awards (in shares)		100,000
Net settlement on vesting of equity awards	(1.1)		(1.1)
Stock-based compensation charges	13.4		13.4
Employee stock purchase plan	2		2
Exercise of stock options and other (in shares)		100,000
Exercise of stock options	0.5		0.5
Adoption of new accounting pronouncement (Note 2)				2.2	2.2
Ending balance (in shares) at Dec. 31, 2018		28,500,000
Ending balance at Dec. 31, 2018	572.7	$ 0.3	1,777.9	(391.1)	(122.4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	47.5			47.5
Other comprehensive income	12.7				12.7
Net settlement on vesting of equity awards (in shares)		300,000
Net settlement on vesting of equity awards			(3.7)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	3.7
Stock-based compensation charges	19.5		19.5
Employee stock purchase plan	$ 2.4		2.4
Exercise of stock options and other (in shares)	25,508	0
Exercise of stock options	$ 0.8		0.8
Ending balance (in shares) at Dec. 31, 2019		28,800,000
Ending balance at Dec. 31, 2019	644.3	$ 0.3	1,796.9	(351.2)	(109.7)	(692)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of accounting change (Note 14)				(7.6)
Net income	35.1
Ending balance (in shares) at Dec. 31, 2019		28,800,000
Ending balance at Dec. 31, 2019	644.3	$ 0.3	$ 1,796.9	(351.2)	$ (109.7)	$ (692)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of accounting change (Note 14)	$ (7.6)			$ (7.6)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Cash flows from operating activities:
Net income	$ 47.5	$ 69.1	$ 160.3
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of rental equipment	409.1	387.5	378.9
Depreciation of property and equipment	54	51.9	46.8
Amortization of intangible assets	7	5.4	4.7
Amortization of deferred debt and financing obligations costs	5.2	6.3	6.4
Loss on extinguishment of debt		5.4	11.4
Stock-based compensation charges	19.5	13.4	10.1
Restructuring	5.5	0	0
Impairment	5.1	0.1	29.7
Provision for receivables allowance	48.2	57.8	52.4
Deferred taxes	10.7	10.5	228.4
Loss (gain) on sale of rental equipment	0.4	11.9	1.2
Income from joint ventures	(0.3)	(1.6)	(1.9)
Other	(1.5)	(2.1)	(1.8)
Changes in assets and liabilities:
Receivables	(38.3)	(29.9)	(131.6)
Other assets	4.1	1.8	2.1
Accounts payable	(12.9)	(1.7)	(10)
Accrued liabilities and other long-term liabilities	18.7	13.9	19.4
Net cash provided by operating activities	635.6	559.1	349.1
Cash flows from investing activities:
Rental equipment expenditures	(638.4)	(771.4)	(501.4)
Proceeds from disposal of rental equipment	224.2	272.3	160.1
Non-rental capital expenditures	(56.9)	(77.6)	(74.6)
Proceeds from disposal of property and equipment	7.7	9.7	5.9
Other investing activities	(0.2)	0	0
Net cash used in investing activities	(463.6)	(567)	(410)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	1,200	0	0
Repayments of long-term debt	(864.5)	(123.5)	(247)
Proceeds from revolving lines of credit and securitization	1,230	737.5	561.9
Repayments on revolving lines of credit and securitization	(1,664.8)	(604)	(339.2)
Proceeds from financing obligations	4.7	6.4	119.5
Principal payments under finance lease and financing obligations	(17.2)	(17)	(16.7)
Debt redemption premium payment	(41.5)	(3.7)	(7.4)
Payment of financing obligation and debt financing costs	(13.3)	(1.3)	(2.7)
Proceeds from exercise of stock options	0.8	0.5	0.7
Proceeds from employee stock purchase plan	2.4	2	1.1
Net settlement on vesting of equity awards	(3.7)	(1.1)	(0.1)
Net cash provided by (used in) financing activities	(167.1)	(4.2)	70.1
Effect of foreign exchange rate changes on cash and cash equivalents	0.3	(1.6)	1.3
Net increase (decrease) in cash and cash equivalents during the period	5.2	(13.7)	10.5
Cash and cash equivalents at beginning of period	33	27.8	41.5
Supplemental disclosures of cash flow information:
Cash paid for interest	130.6	129.3	131.7
Cash paid (refunded) for income taxes, net	7.9	13.4	(5.5)
Supplemental disclosures of non-cash investing activity:
Purchases of rental equipment in accounts payable	0	0	22.8
Disposals of rental equipment in accounts receivable	0	0	12.6
Non-rental capital expenditures in accounts payable	2.8	0	0
Disposals of property and equipment in accounts receivable	2.4
Note receivable on disposal of joint venture	19	0
Supplemental disclosures of non-cash financing activity:
Non-cash settlement of transactions with THC through equity	0	0	2
Supplemental disclosures of non-cash investing and financing activity:
Equipment acquired through finance leases	$ 39.1	$ 2.6	$ 0.4

Document and Entity Information

Document and Entity Information (Parentheticals) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Feb. 14, 2020	Jun. 30, 2019
Enitity Information [Abstract]
Entity Voluntary Filers	No
Entity Shell Company	false
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-3530539
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-33139
Entity Registrant Name	HERC HOLDINGS INC.
Entity Address, Address Line One	27500 Riverview Center Blvd.
Entity Address, City or Town	Bonita Springs
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	34134
City Area Code	239
Local Phone Number	301-1000
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	HRI
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Common Stock, Shares Outstanding		28,860,155
Entity Central Index Key	0001364479
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Public Float			$ 865.3
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Emerging Growth Company	false

Background

Background	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background	Background Herc Holdings Inc. ("Herc Holdings" or the "Company") is one of the leading equipment rental suppliers with approximately 275 locations as of December 31, 2019 , principally in North America. The Company conducts substantially all of its operations through subsidiaries, including Herc Rentals Inc. ("Herc"). Operations are conducted under the Herc Rentals brand in the United States and Canada and under the Hertz Equipment Rental brand in other international locations. With over 50 years of experience, the Company is a full-line equipment rental supplier offering a broad portfolio of equipment for rent. In addition to its principal business of equipment rental, the Company sells used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies; provides repair, maintenance, equipment management services and safety training to certain of its customers; offers equipment re-rental services and provides on-site support to its customers; and provides ancillary services such as equipment transport, rental protection, cleaning, refueling and labor. The Company's classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. The Company's equipment rental business is supported by ProSolutions R , its industry-specific solutions-based services, which includes power generation, climate control, remediation and restoration, and studio and production equipment, and its ProContractor professional grade tools. On June 30, 2016, the Company, in its previous form as the holding company of both the existing equipment rental operations as well as the former vehicle rental operations (in its form prior to the Spin-Off, "Hertz Holdings"), completed a spin-off (the "Spin-Off") of its global vehicle rental business through a dividend to stockholders of all of the issued and outstanding common stock of Hertz Rental Car Holding Company, Inc., which was re-named Hertz Global Holdings, Inc. ("New Hertz") in connection with the Spin-Off. New Hertz is an independent public company that trades on the New York Stock Exchange under the symbol "HTZ" and continues to operate its global vehicle rental business through its operating subsidiaries including The Hertz Corporation ("THC"). The Company changed its name to Herc Holdings Inc. on June 30, 2016, and trades on the New York Stock Exchange under the symbol “HRI.”

Basis of Presentation and Recen

Basis of Presentation and Recently Issued Accounting Pronouncements	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Recently Issued Accounting Pronouncements	Basis of Presentation and Recently Issued Accounting Pronouncements Basis of Presentation The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and footnotes. Actual results could differ materially from those estimates. Significant estimates inherent in the preparation of the consolidated financial statements include receivables allowances, depreciation of rental equipment, the recoverability of long-lived assets, useful lives and impairment of long-lived tangible and intangible assets including goodwill and trade name, pension and postretirement benefits, valuation of stock-based compensation, reserves for litigation and other contingencies and accounting for income taxes. Principles of Consolidation The consolidated financial statements include the accounts of Herc Holdings and its wholly owned subsidiaries. In the event that the Company is a primary beneficiary of a variable interest entity, the assets, liabilities and results of operations of the variable interest entity are included in the Company's consolidated financial statements. All significant intercompany transactions have been eliminated in consolidation. Reclassifications Certain amounts in prior years have been reclassified to conform with the presentation in the current year. Cash and Cash Equivalents Cash and cash equivalents include cash on hand and highly liquid investments with an original maturity of three months or less. Concentration of Credit Risk The Company's cash and cash equivalents are held in checking accounts, various investment grade institutional money market accounts or bank term deposits. Deposits held at banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions with reputable credit and therefore bear minimal credit risk. The Company seeks to mitigate such risks by spreading the risk across multiple counterparties and monitoring the risk profiles of these counterparties. In addition, the Company has credit risk from financial instruments used in hedging activities. The Company limits its exposure relating to financial instruments by diversifying the financial instruments among various counterparties, which consist of major financial institutions. No single customer accounted for more than 3% of the Company’s equipment rental revenue during the years ended December 31, 2019 , 2018 and 2017 . As of December 31, 2019 and 2018 , no single customer accounted for more than 5% of accounts receivable. Receivables Receivables are stated net of allowances and represent credit extended to customers and manufacturers that satisfy defined credit criteria. The estimate of the allowance for doubtful accounts is based on the Company's historical experience and its judgment as to the likelihood of ultimate collection. Actual receivables are written-off against the allowance for doubtful accounts when the Company determines the balance will not be collected. Estimates for future credit memos are based on historical experience and are reflected as reductions to revenue, while the provision for bad debt is reflected as a component of "Selling, general and administrative expenses" in the Company's consolidated statements of operations. Rental Equipment Rental equipment is stated at cost, net of related discounts, with holding periods ranging from one year to 15 years. Generally, when rental equipment is acquired, the Company estimates the period that it will hold the asset, primarily based on historical measures of the amount of rental activity (e.g. equipment usage) and the targeted age of equipment at the time of disposal. The Company also estimates the residual value of the applicable rental equipment at the expected time of disposal. The residual value for rental equipment is affected by factors which include equipment age and amount of usage. Depreciation is recorded over the estimated holding period. Depreciation rates are reviewed on a quarterly basis based on management's ongoing assessment of present and estimated future market conditions, their effect on residual values at the time of disposal and the estimated holding periods. Market conditions for used equipment sales can also be affected by external factors such as the economy, natural disasters, fuel prices, supply of similar used equipment, the market price for similar new equipment and incentives offered by manufacturers of new equipment. These key factors are considered when estimating future residual values and assessing depreciation rates. As a result of this ongoing assessment, the Company makes periodic adjustments to depreciation rates of rental equipment in response to changed market conditions. Property and Equipment Property and equipment are stated at cost and are depreciated utilizing the straight-line method over the estimated useful lives of the related assets. Leasehold improvements are amortized over the estimated useful lives of the related assets or leases, whichever is shorter. Useful lives are as follows: Buildings 8 to 33 years Service vehicles 3 to 15 years Machinery and equipment 1 to 15 years Computer equipment 3 to 5 years Furniture and fixtures 2 to 10 years Leasehold improvements The lesser of the asset life or expected lease term including lease extension options. The Company follows the practice of charging routine maintenance and repairs, including the cost of minor replacements, to maintenance expense. Costs of major replacements are capitalized and depreciated. Leases Leases are classified as either finance or operating at inception of the lease, with classification affecting the pattern of expense recognition in the income statement. Operating leases result in the recognition of right-of-use ("ROU") assets and lease liabilities on the balance sheet. ROU assets represent the Company's right to use the leased asset for the lease term and lease liabilities represent the obligation to make lease payments. The liability is calculated as the present value of the remaining minimum lease payments for existing operating leases using either the rate implicit in the lease or, if none exists, the Company's incremental borrowing rate. The Company's capital leases are accounted for as finance leases; no significant changes have been made for the accounting of such leases upon the adoption of ASC Topic 842, Leases , ("Topic 842") on January 1, 2019. In certain instances, the Company may sell property and enter into an arrangement to lease the property back from the landlord. In these instances, the Company performs a sale-leaseback analysis to determine if the assets can be removed from the balance sheet. If certain criteria are met, the Company recognizes the transaction as a sale, removes the assets from its balance sheet and reflects the future lease payments as rent expense. If the criteria for sale is not met, such as available repurchase options or continuing involvement with the property, the Company is considered the owner for accounting purposes. In these instances, the Company is precluded from derecognizing the assets from its balance sheet and will continue to depreciate the assets over the expected lease term. In conjunction with these arrangements, the Company records a financing obligation equal to the cash proceeds or fair market value of the assets received from the landlord. Lease payments for these properties are recognized as interest expense and a reduction of the financing obligation using the effective interest method. At the end of the lease term, including exercise of any renewal options, the net remaining financing obligation over the net carrying value of the fixed asset will be recognized as a non-cash gain on sale of the property. Public Liability and Property Damage The obligation for public liability and property damage on self-insured U.S. and international equipment represents an estimate for both reported accident claims not yet paid, and claims incurred but not yet reported. The related liabilities are recorded on a non-discounted basis. Reserve requirements are based on actuarial evaluations of historical accident claim experience and trends, as well as future projections of ultimate losses, expenses, premiums and administrative costs. The adequacy of the liability is regularly monitored based on evolving accident claim history and insurance-related state legislation changes. If the Company's estimates change or if actual results differ from these assumptions, the amount of the recorded liability is adjusted to reflect these results. Reserves for Claims The Company is exposed to various claims relating to our business, including those for which we provide self-insurance. Claims for which we self-insure include: (i) workers compensation claims; (ii) general liability claims by third parties for injury or property damage caused by our equipment or personnel; (iii) automobile liability claims; and (iv) employee health insurance claims. These types of claims may take a substantial amount of time to resolve and, accordingly, the ultimate liability associated with a particular claim, including claims incurred but not reported as of a period-end reporting date, may not be known for an extended period of time. The Company's methodology for developing self-insurance reserves is based on management estimates and independent third party actuarial estimates. The estimation process considers, among other matters, the cost of known claims over time, cost inflation and incurred but not reported claims. These estimates may change based on, among other things, changes in the Company's claim history or receipt of additional information relevant to assessing the claims and the amount of the recorded liability is adjusted to reflect these changes. The long-term portion of our self-insurance reserves is included in "Other long-term liabilities" in the consolidated balance sheet. Defined Benefit Pension Plans and Other Employee Benefits The Company's employee pension costs and obligations are developed from actuarial valuations. Inherent in these valuations are key assumptions, including discount rates, salary growth, long-term return on plan assets, retirement rates, mortality rates and other factors. The selection of assumptions is based on historical trends and known economic and market conditions at the time of valuation, as well as independent studies of trends performed by actuaries. However, actual results may differ substantially from the estimates that were based on the critical assumptions. The Company uses a December 31 measurement date for all of the plans. Actual results that differ from the Company's assumptions are accumulated and amortized over future periods and, therefore, generally affect its recognized expense in such future periods. While management believes that the assumptions used are appropriate, significant differences in actual experience or significant changes in assumptions would affect the Company's pension costs and obligations. The Company maintains reserves for employee medical claims, up to its insurance stop-loss limit, and workers' compensation claims. These are regularly evaluated and revised, as needed, based on a variety of information, including historical experience, actuarial estimates and current employee statistics. Foreign Currency Translation and Transactions Assets and liabilities of international subsidiaries whose functional currency is the local currency are translated at the rate of exchange in effect on the balance sheet date; income and expenses are translated at the average exchange rates throughout the year. The related translation adjustments are reflected in “Accumulated other comprehensive income (loss)” in the equity section of the Company's consolidated balance sheets. Foreign currency gains and losses resulting from transactions are included in earnings. Financial Instruments The Company is exposed to a variety of market risks, including the effects of changes in interest rates and foreign currency exchange rates. The Company manages exposure to these market risks through ongoing processes to monitor the impact of market changes and, when deemed appropriate, through the use of financial instruments. Financial instruments are viewed as risk management tools and have not been used for speculative or trading purposes. The Company accounts for all derivatives in accordance with U.S. GAAP, which requires that they be recorded on the balance sheet as either assets or liabilities measured at their fair value. For financial instruments that are designated and qualify as hedging instruments, the Company designates the hedging instrument, based upon the exposure being hedged, as either a fair value hedge or a cash flow hedge. The effective portion of changes in fair value of financial instruments designated as cash flow hedging instruments is recorded as a component of other comprehensive income (loss). Amounts included in accumulated other comprehensive income (loss) for cash flow hedges are reclassified into earnings in the same period that the hedged item is recognized in earnings. The ineffective portion of changes in the fair value of financial instruments designated as cash flow hedges is recognized currently in earnings within the same line item as the hedged item, based upon the nature of the hedged item. For financial instruments that are not part of a qualified hedging relationship, the changes in their fair value are recognized currently in earnings. Goodwill and Indefinite-Lived Intangible Assets On an annual basis and at interim periods when circumstances require, the Company tests the recoverability of its goodwill. The analysis is conducted as of October 1 each year. The Company has one reporting unit and compares the carrying value of its reporting unit to its fair value. If the carrying value of the reporting unit is greater than its fair value, the Company recognizes an impairment charge for the amount equal to that excess. The Company may 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 quantitative goodwill impairment test. If a quantitative impairment test is performed, the fair value of the reporting unit is estimated using a combination of an income approach on the present value of estimated future cash flows and a market approach based on published earnings multiples of comparable entities with similar operations and economic characteristics as well as acquisition multiples paid in recent transactions. The Company’s discounted cash flows are based upon reasonable and appropriate assumptions, which are weighted for their likely probability of occurrence, about the underlying business activities of the Company. Indefinite-lived intangible assets, primarily our trade name, are not amortized but are evaluated annually for impairment and whenever events or changes in circumstances indicate that the carrying amount of this asset may exceed its fair value. If the carrying value of an indefinite-lived intangible asset exceeds its fair value, an impairment charge is recognized in an amount equal to that excess. Finite-Lived Intangible and Long-Lived Assets Intangible assets include customer relationships and technology. Intangible assets with finite lives are amortized using the straight-line method over the estimated economic lives of the assets, which range from three years to 10 years. Long-lived assets, including intangible assets with finite lives, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets that management expects to hold and use is based on the estimated fair value of the asset. Long-lived assets, or disposal groups comprising assets and liabilities, that are expected to be recovered primarily through sale rather than through continuing use are classified as assets held for sale. Upon designation as an asset held for sale, the carrying value of each long-lived asset or disposal group is recorded at the lower of its carrying value or its estimated fair value, less estimated costs to sell, and depreciation expense is no longer recorded. Revenue Recognition The Company is principally engaged in the business of renting equipment. Ancillary to the Company’s principal equipment rental business, the Company also sells used rental equipment, new equipment and parts and supplies and offers certain services to support its customers. The Company’s rental transactions are principally accounted for under Topic 842. Prior to the adoption of Topic 842 on January 1, 2019, the Company accounted for these transactions under ASC Topic 840, Leases , ("Topic 840"). Equipment rental revenue includes revenue generated from renting equipment to customers, including re-rent revenue, and is recognized on a straight-line basis over the length of the rental contract. Other equipment rental revenues include fees for the Company's rental protection program and environmental charges and are recognized on a straight-line basis over the length of the rental contract The Company’s sale of rental and new equipment, parts and supplies along with certain services provided to customers are recognized under ASC Topic 606, Revenue from Contracts with Customers, ("Topic 606") which was adopted on January 1, 2018. Prior to adoption of Topic 606, the Company recognized these transactions under ASC Topic 605, Revenue Recognition, ("Topic 605"). The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. The amount of revenue recognized reflects the consideration the Company expects to be entitled to in exchange for such products or services. See Note 3 , " Revenue Recognition " for further discussion of our revenue accounting. Advertising Advertising and sales promotion costs are expensed the first time the advertising or sales promotion takes place. Advertising costs are reflected as a component of "Selling, general and administrative" expense in the Company's consolidated statements of operations. For the years ended December 31, 2019, 2018 and 2017, advertising costs were $2.7 million , $1.0 million and $2.7 million , respectively. Stock Based Compensation Under the Company's stock based compensation plans, certain employees and members of the Company's board of directors have received grants of restricted stock units, performance stock units and stock options for Herc Holdings common stock. The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. That cost is recognized over the period during which the employee is required to provide service in exchange for the award. The Company estimates the fair value of stock options issued at the date of grant using a Black-Scholes option-pricing model, which includes assumptions related to volatility, expected term, dividend yield and risk-free interest rate. The Company accounts for restricted stock unit and performance stock unit awards as equity classified awards. For restricted stock units, the expense is based on the grant date fair value of the stock and the number of shares that vest, recognized over the service period. For performance stock units, the expense is based on the grant date fair value of the stock, recognized over a service period depending upon the applicable performance condition. For performance stock units, the Company re-assesses the probability of achieving the applicable performance condition each reporting period and adjusts the recognition of expense accordingly. Income Taxes The Company applies the provisions of ASC Topic 740, Income Taxes ("Topic 740"), and computes the provision for income taxes on a Separate Return Basis. Under Topic 740, deferred tax assets and liabilities are determined based on differences between the financial statement carrying amounts and tax bases of assets and liabilities and are measured using the enacted tax rates that are expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates is recognized in the statement of operations in the period that includes the enactment date. The Company records valuation allowances to reduce its deferred tax assets by the amount that is more likely than not to be realized. Subsequent changes to enacted tax rates and changes in the interpretations thereof will result in deferred taxes and changes to any related valuation allowances. Provisions are not made for income taxes on undistributed earnings of international subsidiaries that are intended to be indefinitely reinvested outside of the United States or are expected to be remitted free of taxes. Future distributions, if any, from these international subsidiaries to the United States or changes in U.S. tax rules may require a charge to reflect tax on these amounts. In accordance with Topic 740, the Company recognizes, in its consolidated financial statements, the impact of the Company's tax positions that are more likely than not to be sustained upon examination. The Company will 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, the Company presumes that the position will be examined by the appropriate taxing authority with full knowledge of all relevant information. Upon determination that a tax position meets the more-likely-than-not recognition threshold, it is measured to determine the amount of benefit to recognize in the financial statements. The Company recognizes interest and penalties for uncertain tax positions in income tax expense. The Tax Cuts and Jobs Act of 2017 (the "2017 Tax Act"), had a substantial impact on the income tax benefit for the years ended December 31, 2018 and 2017. See Note 14 , " Income Taxes " for further detail. Recently Issued Accounting Pronouncements Adopted Leases In February 2016, the Financial Accounting Standards Board ("FASB") issued new leasing guidance ("Topic 842") that replaced the existing lease guidance ("Topic 840"). Topic 842 established a right-of-use ("ROU") model that requires a lessee to record a ROU asset and lease liability on the balance sheet for all leases with terms longer than 12 months. Leases are classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. This guidance also expanded the requirements for lessees to record leases embedded in other arrangements and the required quantitative and qualitative disclosures surrounding leases. Accounting guidance for lessors is largely unchanged. The Company adopted Topic 842 on its effective date of January 1, 2019 using a modified retrospective transition approach; as such, Topic 842 was not applied to periods prior and the adoption had no impact on the Company's previously reported results. The Company recognized operating lease liabilities of $165.3 million upon adoption, with corresponding ROU assets on its balance sheet. This guidance did not have a material impact on its results of operations and cash flows. The Company took advantage of the transition package of practical expedients permitted within Topic 842 which allowed the Company not to reassess (i) whether any expired or existing lease contracts are or contain leases, (ii) the historical lease classification for any expired or existing leases and (iii) initial direct costs for any existing leases. The Company has elected not to combine lease and non-lease components for its real estate leases and allocates the consideration in the contract based on relative stand-alone prices of each component. Additionally, as discussed in Note 3 , " Revenue Recognition ," most of the Company's equipment rental revenues were accounted for under Topic 840 until the adoption of Topic 842. The Company recognized a cumulative-effect adjustment to the opening balance of retained earnings related to these items of $7.6 million . The adoption of Topic 842 does not have a significant impact on future revenues. The Company also elected the practical expedient that allows lessors to treat the lease and non-lease components as a single lease component where the non-lease component would otherwise be accounted for under Accounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers (“Topic 606”), as timing and pattern of transfer for the lease component and non-lease components associated with that lease component are the same. Not Yet Adopted Compensation - Retirement Benefits In August 2018, the FASB issued guidance that adds, removes, and modifies disclosure requirements related to defined benefit pension and other postretirement plans in order to improve the disclosure effectiveness. The guidance is effective for fiscal years beginning after December 15, 2020 and should be applied on a retrospective basis to all periods presented, with early adoption permitted. The Company expects to adopt the new and modified disclosures requirements of this new guidance on its effective date. Fair Value Measurement In August 2018, the FASB issued new guidance that modifies disclosure requirements on fair value measurements, removing and modifying certain disclosures, while adding other disclosures. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. The Company expects to adopt the new guidance on its effective date and adoption is not expected to have a material impact on the Company's financial statement disclosures. 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 guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 with early adoption permitted. Different components of the guidance require modified retrospective or prospective adoption. This guidance does not apply to receivables arising from operating leases and, as discussed in Note 3 , " Revenue Recognition ," most of the Company's equipment rental revenue is accounted for as lease revenue under Topic 842. The Company expects to adopt this guidance when effective, and the impact on our financial statements is not expected to be material. Simplifying the Accounting for Income Taxes In December 2019, the FASB issued guidance that will simplify the accounting for income taxes. The guidance removes the following exceptions: (i) exceptions to the approach for intraperiod tax allocation when there is a loss from continuing operations and income or a gain from other items, (ii) exception to the requirement to recognize a deferred tax liability for equity method investments when a foreign subsidiary becomes an equity method investment, (iii) exception to the ability not to recognize a deferred tax liability for a foreign subsidiary when a foreign equity method investment becomes a subsidiary and (iv) exception to the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. Additionally, the guidance simplifies the accounting for income taxes by: (i) requiring that an entity recognize a franchise tax (or similar tax) that is partially based on income as an income-based tax and account for any incremental amount incurred as a non-income-based tax, (ii) requiring that an entity evaluate when a step up in the tax basis of goodwill should be considered part of the business combination in which the book goodwill was originally recognized and when it should be considered a separate transaction, (iii) specifying that an entity is not required to allocate the consolidated amount of current and deferred tax expense to a legal entity that is not subject to tax in its separate financial statements (although the entity may elect to do so (on an entity-by-entity basis) for a legal entity that is both not subject to tax and disregarded by the taxing authority), (iv) requiring that an entity reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date and (v) making minor improvements for income tax accounting related to employee stock ownership plans and investments in qualified affordable housing projects accounted for using the equity method. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company expects to early adopt this guidance on January 1, 2020 and does not expect a material impact on its financial position, results of operations or cash flows.

Revenue Recognition (Notes)

Revenue Recognition (Notes)	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue Recognition The Company is principally engaged in the business of renting equipment. Ancillary to the Company’s principal equipment rental business, the Company also sells used rental equipment, new equipment and parts and supplies and offers certain services to support its customers. The Company’s business is primarily focused in North America with revenue from the United States representing approximately 89.9% , 88.9% and 88.2% of total revenue for the years ended December 31, 2019 , 2018 and 2017 , respectively. The Company’s rental transactions are principally accounted for under Topic 842. Prior to the adoption of Topic 842, the Company accounted for rental transactions under Topic 840. The Company’s sale of rental and new equipment, parts and supplies along with certain services provided to customers are accounted for under Topic 606. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. The amount of revenue recognized reflects the consideration the Company expects to be entitled to in exchange for such products or services. The following table summarizes the applicable accounting guidance for the Company’s revenues (in millions): Year Ended December 31, 2019 2018 2017 Topic 842 Topic 606 Total Topic 840 Topic 606 Total Topic 840 Topic 605 Total Revenues: Equipment rental $ 1,549.9 $ — $ 1,549.9 $ 1,509.7 $ — $ 1,509.7 $ 1,372.3 $ — $ 1,372.3 Other rental revenue: Delivery and pick-up — 98.0 98.0 — 88.4 88.4 — 75.2 75.2 Other 53.9 — 53.9 60.2 — 60.2 51.5 — 51.5 Total other rental revenues 53.9 98.0 151.9 60.2 88.4 148.6 51.5 75.2 126.7 Total equipment rentals 1,603.8 98.0 1,701.8 1,569.9 88.4 1,658.3 1,423.8 75.2 1,499.0 Sales of rental equipment — 242.8 242.8 — 256.2 256.2 — 190.8 190.8 Sales of new equipment, parts and supplies — 44.0 44.0 — 49.3 49.3 — 52.3 52.3 Service and other revenues — 10.4 10.4 — 12.9 12.9 — 12.4 12.4 Total revenues $ 1,603.8 $ 395.2 $ 1,999.0 $ 1,569.9 $ 406.8 $ 1,976.7 $ 1,423.8 $ 330.7 $ 1,754.5 Topic 842 revenues Equipment Rental Revenue The Company offers a broad portfolio of equipment for rent on a daily, weekly or monthly basis, with most rental agreements cancelable upon the return of the equipment. Virtually all customer contracts can be canceled by the customer with no penalty by returning the equipment within one day; therefore, the Company does not allocate the transaction price between the different contract elements. Equipment rental revenue includes revenue generated from renting equipment to customers and is recognized on a straight-line basis over the length of the rental contract. As part of this straight-line methodology, when the equipment is returned, the Company recognizes as incremental revenue the excess, if any, between the amount the customer is contractually required to pay, which is based on the rental contract period applicable to the actual number of days the equipment was out on rent, over the cumulative amount of revenue recognized to date. In any given accounting period, the Company will have customers return equipment and be contractually required to pay more than the cumulative amount of revenue recognized to date under the straight-line methodology. Also included in equipment rental revenue is re-rent revenue in which the Company will rent specific pieces of equipment from vendors and then re-rent that equipment to its customers. Provisions for discounts, rebates to customers and other adjustments are provided for in the period the related revenue is recorded. Other Other equipment rental revenue is primarily comprised of fees for the Company’s rental protection program and environmental charges. Fees paid for the rental protection program allow customers to limit the risk of financial loss in the event the Company’s equipment is damaged or lost. Fees for the rental protection program and environmental recovery fees are recognized on a straight-line basis over the length of the rental contract. Topic 606 revenues Delivery and pick-up Delivery and pick-up revenue associated with renting equipment is recognized when the services are performed. Sales of Rental Equipment, New Equipment, Parts and Supplies The Company sells its used rental equipment, new equipment, parts and supplies. Revenues recorded for each category are as follows (in millions): Year Ended December 31, 2019 2018 2017 Sales of rental equipment $ 242.8 $ 256.2 $ 190.8 Sales of new equipment 21.0 21.3 26.9 Sales of parts and supplies 23.0 28.0 25.4 Total $ 286.8 $ 305.5 $ 243.1 The Company recognizes revenue from rental equipment, new equipment, parts and supplies when control of the asset transfers to the customer, which is typically when the asset is picked up by or delivered to the customer and when significant risks and rewards of ownership have passed to the customer. Sales and other tax amounts collected from customers and remitted to government authorities are accounted for on a net basis and, therefore, excluded from revenue. The Company routinely sells its used rental equipment in order to manage repair and maintenance costs, as well as the composition, age and size of its fleet. The Company disposes of used equipment through a variety of channels including retail sales to customers and other third parties, sales to wholesalers, brokered sales and auctions. The Company also sells new equipment, parts and supplies. The types of new equipment that the Company sells vary by location and include a variety of ProContractor tools and supplies, small equipment (such as work lighting, generators, pumps, compaction equipment and power trowels), safety supplies and expendables. Under Topic 606, the accounts receivable balance, prior to allowances for doubtful accounts, for the sale of rental equipment, new equipment, parts and supplies, was approximately $15.6 million and $19.5 million as of December 31, 2019 and 2018, respectively. Service and other revenues Service and other revenues primarily include revenue earned from equipment management and similar services for rental customers which includes providing customer support functions such as dedicated in-plant operations, plant management services, training, and repair and maintenance services particularly to industrial customers who request such services. The Company recognizes revenue for service and other revenues as the services are provided. Service and other revenues are typically invoiced together with a customer’s rental amounts and, therefore, it is not practical for the Company to separate the accounts receivable amount related to services and other revenues that are accounted for under Topic 606; however, such amount is not considered material. Receivables and contract assets and liabilities Most of the Company's equipment rental revenue is accounted for under Topic 842. The customers that are responsible for the remaining revenue that is accounted for under Topic 606 are generally the same customers that rent the Company's equipment. Concentration of credit risk with respect to the Company's accounts receivable is limited because a large number of geographically diverse customers makes up its customer base. No single customer makes up more than 3% of the Company's equipment rental revenue or more than 5% of its accounts receivable balance for the last three years. The Company manages credit risk associated with its accounts receivable at the customer level through credit approvals, credit limits and other monitoring procedures. The Company maintains allowances for doubtful accounts that reflect the Company's estimate of the amount of receivables that the Company will be unable to collect based on its historical write-off experience. The Company does not have material contract assets or contract liabilities associated with customer contracts. The Company's contracts with customers do not generally result in material amounts billed to customers in excess of recognizable revenue. The Company did not recognize material revenue for the years ended December 31, 2019 and 2018 that was included in the contract liability balance as of the beginning of such period. Performance obligations Most of the Company's revenue recognized under Topic 606 is recognized at a point-in-time, rather than over time. Accordingly, in any particular period, the Company does not generally recognize a significant amount of revenue from performance obligations satisfied (or partially satisfied) in previous periods, and the amount of such revenue recognized during the years ended December 31, 2019 and 2018 were not material. We also do not expect to recognize material revenue in the future related to performance obligations that were unsatisfied (or partially unsatisfied) as of December 31, 2019 and 2018 . Contract estimates and judgments The Company's revenues accounted for under Topic 606 generally do not require significant estimates or judgments, primarily for the following reasons: • The transaction price is generally fixed and stated on the Company's contracts; • As noted above, the Company's contracts generally do not include multiple performance obligations, and accordingly do not generally require estimates of the standalone selling price for each performance obligation; • The Company's revenues do not include material amounts of variable consideration; and • Most of the Company's revenue is recognized as of a point-in-time and the timing of the satisfaction of the applicable performance obligations is readily determinable. As noted above, the revenue recognized under Topic 606 is generally recognized at the time of delivery to, or pick-up by, the customer. The Company monitors and reviews its estimated standalone selling prices on a regular basis.

Revenue Earning Equipment

Revenue Earning Equipment	12 Months Ended
	Dec. 31, 2019
Property Subject to or Available for Operating Lease, Net [Abstract]
Revenue Earning Equipment	Rental Equipment Rental equipment consists of the following (in millions): December 31, 2019 December 31, 2018 Rental equipment $ 3,821.6 $ 3,840.7 Less: Accumulated depreciation (1,331.6 ) (1,336.0 ) Rental equipment, net $ 2,490.0 $ 2,504.7

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consists of the following (in millions): December 31, 2019 December 31, 2018 Land and buildings $ 116.1 $ 120.2 Service vehicles 305.3 258.6 Leasehold improvements 94.3 89.1 Machinery and equipment 23.3 27.3 Computer equipment and software 64.9 64.8 Furniture and fixtures 15.1 14.6 Construction in progress 9.4 6.2 Property and equipment, gross 628.4 580.8 Less: accumulated depreciation (316.6 ) (298.3 ) Property and equipment, net $ 311.8 $ 282.5 Depreciation expense for the years ended December 31, 2019 , 2018 and 2017 was $54.0 million , $51.9 million and $46.8 million , respectively. Depreciation expense for property and equipment is included in "Direct operating" and "Selling, general and administrative" expenses in the Company's consolidated statements of operations. The Company leases certain of its service vehicles and office equipment under finance leases. Depreciation of assets held under finance leases is included in depreciation expense. The gross amounts of property and equipment and related depreciation recorded under finance leases, included in the table above, were as follows (in millions): December 31, 2019 December 31, 2018 Service vehicles $ 101.8 $ 87.7 Furniture and fixtures 1.0 — 102.8 87.7 Less: accumulated depreciation (46.2 ) (50.3 ) $ 56.6 $ 37.4 The Company has entered into financing obligations to lease certain of its properties as discussed further in Note 11 , " Financing Obligations ." Depreciation of assets held under financing obligations is included in depreciation expense. The gross amounts of land, building and leasehold improvements and related depreciation recorded under financing obligations, included in the table above, were as follows (in millions): December 31, 2019 December 31, 2018 Land, building and leasehold improvements $ 77.4 $ 76.6 Less: accumulated depreciation (36.1 ) (32.7 ) $ 41.3 $ 43.9

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The Company performed its annual goodwill impairment test as of October 1 and determined that no impairment existed for the years ended December 31, 2019 and 2018 . The following summarizes the Company's goodwill (in millions): Year Ended December 31, 2019 2018 Balance at the beginning of the period: Goodwill $ 765.9 $ 765.9 Accumulated impairment losses (674.9 ) (674.9 ) 91.0 91.0 Additions 2.6 — Balance at the end of the period: Goodwill 768.5 765.9 Accumulated impairment losses (674.9 ) (674.9 ) $ 93.6 $ 91.0 Intangible Assets The Company performed its annual impairment test of indefinite-lived and finite-lived intangible assets as of October 1 and determined that no impairment existed for the years ended December 31, 2019 and 2018 . Intangible assets, net, consisted of the following major classes (in millions): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Value Finite-lived intangible assets: Customer-related $ 11.4 $ (8.9 ) $ 2.5 Internally developed software (a) 34.9 (16.4 ) 18.5 Total 46.3 (25.3 ) 21.0 Indefinite-lived intangible assets: Trade name 270.5 — 270.5 Total intangible assets, net $ 316.8 $ (25.3 ) $ 291.5 (a) Includes capitalized costs of $1.4 million yet to be placed into service. December 31, 2018 Gross Carrying Accumulated Net Carrying Value Finite-lived intangible assets: Customer-related $ 11.4 $ (7.8 ) $ 3.6 Internally developed software (a) 30.4 (10.5 ) 19.9 Total 41.8 (18.3 ) 23.5 Indefinite-lived intangible assets: Trade name 270.0 — 270.0 Total intangible assets, net $ 311.8 $ (18.3 ) $ 293.5 (a) Includes capitalized costs of $0.9 million yet to be placed into service. Amortization of intangible assets for the years ended December 31, 2019 , 2018 and 2017 was approximately $7.0 million , $5.4 million and $4.7 million , respectively. Based on the amortizable assets in-service as of December 31, 2019 , the Company expects amortization expense to be approximately $7.1 million in 2020, $6.2 million in 2021, $4.0 million in 2022, $2.2 million in 2023 and $0.1 million

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2019
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consists of the following (in millions): December 31, 2019 December 31, 2018 Accrued compensation and benefit costs $ 26.8 $ 32.1 Rebate accrual 33.6 30.3 Taxes payable 16.0 21.2 Accrued interest 32.2 7.2 Customer related deferrals 11.3 9.6 Insurance reserves 9.2 8.0 Other 6.6 13.9 Total accrued liabilities $ 135.7 $ 122.3

Debt

Debt	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Debt	Debt The Company's debt consists of the following (in millions): Weighted Average Effective Interest Rate at December 31, 2019 Weighted Average Stated Interest Rate at December 31, 2019 Fixed or Floating Interest Rate Maturity December 31, December 31, Senior Notes 2027 Notes 5.61% 5.50% Fixed 2027 $ 1,200.0 $ — Senior Secured Second Priority Notes 2022 Notes N/A N/A N/A N/A — 427.0 2024 Notes N/A N/A N/A N/A — 437.5 Other Debt New ABL Credit Facility N/A 3.22% Floating 2024 650.0 — Old ABL Credit Facility N/A N/A N/A N/A — 1,085.2 AR Facility N/A 2.48% Floating 2020 175.0 175.0 Finance lease liabilities 2.95% N/A Fixed 2020-2027 56.2 38.1 Other borrowings N/A 4.79% Floating 2020 5.2 4.6 Unamortized Debt Issuance Costs (a) (7.9 ) (10.6 ) Total debt 2,078.5 2,156.8 Less: Current maturities of long-term debt (27.0 ) (26.9 ) Long-term debt, net $ 2,051.5 $ 2,129.9 (a) Unamortized debt issuance costs totaling $9.3 million related to the New ABL Credit Facility and AR Facility (as each is defined below) as of December 31, 2019 and $10.4 million related to the Old ABL Credit Facility (as defined below) and the AR Facility as of December 31, 2018 are included in "Other long-term assets" in the condensed consolidated balance sheets. The effective interest rates for the fixed rate 2027 Notes (as defined below) includes the stated interest on the notes and the amortization of any debt issuance costs. Maturities The nominal principal amounts of maturities of debt for each of the periods ending December 31 are as follows (in millions): 2020 $ 27.0 2021 6.2 2022 6.1 2023 5.9 2024 830.6 After 2024 1,210.6 Total $ 2,086.4 The Company's liquidity needs arise from the funding of its costs of operations and capital expenditures and from debt service on its indebtedness. The Company believes that cash generated from operations and cash received from the disposal of rental and other equipment, together with amounts available under its new senior secured asset-based revolving credit facility (the "New ABL Credit Facility") and AR Facility (as defined below) will be adequate to permit the Company to meet its obligations over the next 12 months. Senior Notes On July 9, 2019, the Company issued $ 1.2 billion aggregate principal amount of its 5.50% Senior Notes due 2027 (the “2027 Notes”). The net proceeds were used to redeem the remaining 2022 Notes and 2024 Notes (as defined below) and repay a portion of the indebtedness outstanding under the then existing ABL Credit Facility. Interest on the 2027 Notes accrues at the rate of 5.50% per annum and will be payable semi-annually in arrears on January 15 and July 15, commencing on January 15, 2020. The 2027 Notes will mature on July 15, 2027. Ranking; Guarantees The 2027 Notes are the Company’s senior unsecured obligations, ranking equally in right of payment with all of the Company’s existing and future senior indebtedness, effectively junior to any of the Company’s existing and future secured indebtedness, including the New ABL Credit Facility, to the extent of the value of the assets securing such indebtedness, and senior in right of payment to any of the Company’s existing and future subordinated indebtedness. The 2027 Notes will be guaranteed on a senior unsecured basis, subject to limited exceptions including special purpose securitization subsidiaries, by the Company’s current and future domestic subsidiaries. Redemption The Company may redeem the 2027 Notes, in whole or in part, at any time prior to July 15, 2022, at a price equal to 100% of the aggregate principal amount thereof, plus the applicable make-whole premium and accrued and unpaid interest, if any, to, but excluding, the redemption date. The Company may redeem the 2027 Notes, in whole or in part, at any time (i) on or after July 15, 2022 and prior to July 15, 2023, at a price equal to 102.750% of the principal amount of the 2027 Notes, (ii) on or after July 15, 2023 and prior to July 15, 2024, at a price equal to 101.833% of the principal amount of the 2027 Notes, (iii) on or after July 15, 2024 and prior to July 15, 2025, at a price equal to 100.917% of the principal amount of the 2027 Notes and (iv) on or after July 15, 2025, at a price equal to 100.000% of the principal amount of the 2027 Notes, in each case, plus accrued and unpaid interest, if any, to, but not including, the applicable redemption date. In addition, at any time on or prior to July 15, 2022, the Company may, at its option, redeem up to 40% of the original aggregate principal amount of the 2027 Notes with the proceeds of one or more equity offerings at a redemption price of 105.500% of the principal amount of the 2027 Notes, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. Covenants The indenture governing the 2027 Notes contains certain covenants applicable to the Company and its restricted subsidiaries, including limitations on liens, indebtedness, mergers, consolidations and acquisitions, sales, transfers and other dispositions of assets, loans and other investments, dividends and other distributions, stock repurchases and redemptions and other restricted payments, restrictions affecting subsidiaries, transactions with affiliates and designations of unrestricted subsidiaries. Upon the occurrence of certain events constituting a change of control triggering event, the Company is required to make an offer to repurchase all of the 2027 Notes (unless otherwise redeemed) at a purchase price equal to 101% of their principal amount, plus accrued and unpaid interest, if any to (but excluding) the repurchase date. If the Company sells assets under certain circumstances, it must use the proceeds to make an offer to purchase the 2027 Notes at a price equal to 100% of their principal amount, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date. Events of Default The indenture also provides for customary events of default, including the following (subject to any applicable cure period): nonpayment, breach of covenants in the indenture, payment defaults under or acceleration of certain other indebtedness, failure to discharge certain judgments and certain events of bankruptcy, insolvency and reorganization. If an event of default occurs or is continuing, the trustee or the holders of at least 30% in aggregate principal amount of the 2027 Notes then outstanding may declare the principal of, premium, if any, and accrued and unpaid interest, if any, to be due and payable immediately. Senior Secured Second Priority Notes In June 2016, Herc issued $610.0 million aggregate principal amount of 7.50% senior secured second priority notes due 2022 (the "2022 Notes") and $625.0 million aggregate principal amount of 7.75% senior secured second priority notes due 2024 (the "2024 Notes" and, together with the 2022 Notes, the "Notes"). In March 2017, October 2017 and July 2018, Herc drew down on its ABL Credit Facility (as defined below) and cumulatively redeemed $183.0 million in aggregate principal amount of the 2022 Notes and $187.5 million in aggregate principal amount of the 2024 Notes. On July 9, 2019, Herc redeemed the remaining $427.0 million outstanding principal amount of its 2022 Notes and the remaining $437.5 million outstanding principal amount of its 2024 Notes. The Notes were redeemed at a redemption price of 103.750% in the case of the 2022 Notes and 105.813% in the case of the 2024 Notes, plus interest accrued to, but excluding, July 9, 2019. The Company used a portion of the net proceeds from its offering of the 2027 Notes to redeem the Notes and to pay related fees and expenses. The Company recorded a loss on early extinguishment of debt of $51.0 million comprised of the cash premiums paid of $41.5 million and unamortized debt issuance costs of $9.5 million . New ABL Credit Facility On July 31, 2019, Herc Holdings, Herc and certain other subsidiaries of Herc Holdings entered into a credit agreement with respect to a new senior secured asset-based revolving credit facility, which refinanced in full and replaced the then existing asset-based credit facility ("Old ABL Credit Facility") and related guarantee and collateral/security agreements. On July 31, 2019, Herc Holdings borrowed $722.0 million under the New ABL Credit Facility and repaid all amounts outstanding under the Old ABL Credit Facility. The New ABL Credit Facility provides (subject to availability under a borrowing base) for aggregate maximum borrowings of up to $1,750 million under a revolving loan facility. Up to $250 million of the revolving loan facility is available for the issuance of letters of credit, subject to certain conditions including issuing lender participation. Subject to the satisfaction of certain conditions and limitations, the New ABL Credit Facility allows for the addition of incremental revolving commitments and/or incremental term loans. Maturity The New ABL Credit Facility matures on July 31, 2024. Guarantees; Collateral/Security The obligations of each of the borrowers under the New ABL Credit Facility are guaranteed by each of Herc Holdings’ direct and indirect U.S. and Canadian subsidiaries, with certain exceptions, including special purpose securitization subsidiaries. The obligations of the borrowers under the New ABL Credit Facility and the guarantees thereof are secured by security interests in substantially all of the assets of each borrower and guarantor, including pledges of all the capital stock of all of their direct subsidiaries, with certain exceptions. The liens securing the New ABL Credit Facility are subject to certain exceptions. Also, subject to certain limitations and conditions, the New ABL Credit Facility permits the incurrence of future secured debt on a basis either pari passu with, or subordinated to, the liens securing the New ABL Credit Facility. Interest The interest rates applicable to any loans under the New ABL Credit Facility are based, at the option of the borrowers, on (i) a floating rate based on LIBOR (for loans denominated in U.S. dollars) or CDOR (for loans denominated in Canadian dollars) plus an initial margin of 1.50% per annum or (ii) a base rate plus an initial margin of 0.50%, in each case, where margin is adjusted under the New ABL Credit Facility based on the quarterly average excess availability under the New ABL Credit Facility. Covenants The New ABL Credit Facility contains a number of covenants that, among other things, limit or restrict the ability of the borrowers and their subsidiaries to incur additional indebtedness, prepay other indebtedness, make dividends and other restricted payments, create or incur liens, make acquisitions and other investments, engage in mergers, consolidations or sales of assets, engage in certain transactions with affiliates, and enter into certain restrictive agreements limiting the ability to create or incur liens. In addition, under the New ABL Credit Facility, upon excess availability falling below certain levels, the borrowers will be required to comply with a minimum fixed charge coverage ratio of no less than 1.00 :1.00. Events of Default The New ABL Credit Facility provides that the occurrence of any of the following events will constitute an event of default: payment default, breach of representation or warranty, covenant breach, cross default to other material indebtedness, certain bankruptcy events, dissolution, invalidity of the credit agreement or any intercreditor agreement (if any), judgment in excess of a certain monetary threshold, any security or guarantee documents cease to be in effect, an ERISA event, pension event or a change of control. Upon the occurrence and during the continuation of an event of default, the agent may exercise remedies on behalf of the lenders, including accelerating the repayment of outstanding loans under the New ABL Credit Facility. Old ABL Credit Facility The Company's Old ABL Credit Facility, executed by its Herc subsidiary, provided for senior secured revolving loans up to a maximum aggregate principal amount of $1,750 million (subject to availability under a borrowing base), including revolving loans in an aggregate principal amount of $1,750 million available to Canadian borrowers and U.S. borrowers, that had a maturity date of June 30, 2021. Up to $250 million of the revolving loan facility was available for the issuance of letters of credit, subject to certain conditions including issuing lender participation. On July 31, 2019, Herc Holdings borrowed $722.0 million under the New ABL Credit Facility and repaid all amounts outstanding under the Old ABL Credit Facility. The Company recorded a loss on early extinguishment of debt of $2.6 million comprised of unamortized debt issuance costs. Accounts Receivable Securitization Facility In September 2018, the Company entered into an accounts receivable securitization facility (the "AR Facility") with aggregate commitments of $175.0 million that matures on September 16, 2020. In connection with the AR Facility, Herc and one of its wholly-owned subsidiaries sell their accounts receivable on an ongoing basis to Herc Receivables U.S. LLC, a wholly-owned special-purpose entity (the "SPE"). The SPE's sole business consists of the purchase by the SPE of accounts receivable from Herc and the Herc subsidiary seller and borrowing by the SPE against the eligible accounts receivable from the lenders under the facility. The borrowings are secured by liens on the accounts receivable and other assets of the SPE. Collections on the accounts receivable are used to service the borrowings. The SPE is a separate legal entity that is consolidated in the Company's financial statements. The SPE assets are owned by the SPE and are not available to settle the obligations of the Company or any of its other subsidiaries. Herc is the servicer of the accounts receivable under the AR Facility. All of the obligations of the Herc subsidiary seller and the servicer and certain indemnification obligations of the SPE under the agreements governing the AR Facility are guaranteed by Herc pursuant to a performance guarantee. The AR Facility is excluded from current maturities of long-term debt as the Company has the intent and ability to consummate refinancing and extend the term of the agreement. The agreements governing the AR Facility contain restrictions and covenants which include limitations applicable to Herc, the Herc subsidiary seller and the SPE on the creation of certain liens, and restrictions and covenants which include limitations applicable to the SPE on the making of certain restricted payments, and limitations applicable to Herc and the SPE with respect to certain corporate acts such as mergers, consolidations and the sale of substantially all assets, with certain exceptions. The Company was in compliance with all such covenants as of December 31, 2019 . The financing agreement with the lenders provides for customary events of default (subject to customary exceptions, thresholds and grace periods) including, without limitation, failure to perform covenants, ineffectiveness of transaction documents, invalidity of security interests or failure to cooperate in the administrative agent's assumption of control of accounts, material inaccuracy of representations or warranties, failure of certain ratios related to the accounts receivables, specified cross default and cross acceleration to other material indebtedness, certain bankruptcy events, certain ERISA events, material judgments, material adverse effect and change in control. Other Borrowings In November 2019, the Company's subsidiary in China entered into uncommitted credit agreements with a bank for up to the aggregate principal amount of $10.0 million . Interest accrues on the loans drawn under these facilities at an applicable loan prime rate plus 0.535% published by National Interbank Funding Center and is payable quarterly. As of December 31, 2019 , the Company had short-term borrowings under these facilities totaling $5.2 million . Borrowing Capacity and Availability After outstanding borrowings, the following was available to the Company as of December 31, 2019 (in millions): Remaining Availability Under New ABL Credit Facility $ 1,079.4 $ 1,079.4 AR Facility — — Total $ 1,079.4 $ 1,079.4 At December 31, 2019, the Company's borrowing base was capped at $175.0 million by the aggregate commitments under the AR Facility. Subsequent to December 31, 2019, the borrowing base under the AR Facility declined to $169.4 million . In addition, as of December 31, 2019 , the Company's subsidiary in China had uncommitted credit facilities of which $4.8 million was available for borrowing. Letters of Credit As of December 31, 2019 , $20.6 million of standby letters of credit were issued and outstanding under the New ABL Credit Facility, none of which had been drawn upon. The New ABL Credit Facility had $229.4 million

Financing Obligations

Financing Obligations	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Financing Obligations	Financing Obligations In October 2017, Herc consummated a sale-leaseback transaction pursuant to which it sold 42 of its properties located in the U.S. for gross proceeds of approximately $119.5 million , and during the fourth quarter of 2018, entered into sale-leaseback transactions with respect to two additional properties for gross proceeds of $6.4 million . Herc entered into a master lease agreement pursuant to which it has continued operations at those properties as a tenant. The triple net lease agreement has an initial term of 20 years, subject to extension, at Herc's option, for up to five additional periods of five years each. The sale of the properties did not qualify for sale-leaseback accounting due to continuing involvement with the properties. Therefore, the book value of the buildings and land remains on the Company's consolidated balance sheet. During March 2019, Herc entered into a sale-leaseback transaction for certain service vehicles that did not qualify for sale-leaseback accounting, therefore the book value of the vehicles remains on the Company's consolidated balance sheet. Gross proceeds from the sale-leaseback transaction were $4.7 million . In connection with these transactions, the Company capitalized $2.7 million in deferred financing obligations issuance costs. The costs are being amortized to interest expense using the effective interest method. Interest expense related to the amortization of these costs for the year ended December 31, 2019 , 2018 and 2017 was $0.4 million , $0.2 million and $0.1 million , respectively. The Company's financing obligations consist of the following (in millions): Weighted Average Effective Interest Rate at December 31, 2019 Maturity December 31, 2019 December 31, 2018 Financing obligations 4.89% 2026-2038 $ 123.5 $ 122.1 Unamortized financing issuance costs (2.5 ) (2.8 ) Total financing obligations 121.0 119.3 Less: Current maturities of financing obligations (3.4 ) (3.0 ) Financing obligations, net $ 117.6 $ 116.3 As of December 31, 2019 , future minimum financing payments for the agreements referred to above are as follows (in millions): 2020 $ 9.4 2021 9.4 2022 9.4 2023 9.4 2024 9.4 Thereafter 111.2 Total minimum financing obligations payments 158.2 Obligations subject to non-cash gain on future sale of property 34.4 Less amount representing interest (at a weighted-average interest rate of 4.89%) (69.1 ) Total financing obligations $ 123.5

Employee Retirement Benefits Em

Employee Retirement Benefits Employee Retirement Benefits (Notes)	12 Months Ended
	Dec. 31, 2019
Retirement Benefits [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	Employee Retirement Benefits 401(k) Savings Plan and Other Defined Contribution Plan On July 1, 2016, the Company established the Herc Holdings Savings Plan covering all of its U.S. employees. Contributions to the plans are made by both the employee and the Company. Company contributions to these plans are based on the level of employee contributions and formulas determined by the Company. Expenses for the defined contribution plans for the years ended December 31, 2019 , 2018 and 2017 were approximately $11.4 million , $10.5 million and $9.4 million , respectively. Defined Benefit Pension and Postretirement Plans Prior to the Spin-Off, the Company participated in certain THC-sponsored U.S. defined benefit pension and postretirement plans covering substantially all U.S. employees, as well as certain non-U.S. defined benefit plans covering eligible non-U.S. employees. Qualified U.S. employees of the Company, after completion of specified periods of service, were eligible to participate in The Hertz Corporation Account Balance Defined Benefit Pension Plan (the "Hertz Plan"), a cash balance plan that was frozen effective December 31, 2014. In July 2016, the Company established the Herc Holdings Retirement Plan (the "Plan"), a U.S. qualified pension plan. The majority of assets and liabilities of the Hertz Plan attributable to current and former employees of the equipment rental business were transferred to the Plan following the Spin-Off based on a preliminary allocation. The final allocations and transfers were completed in 2017 and were lower than the preliminary allocation, resulting in a $3.6 million increase to the pension liability funded status and a corresponding offset of $2.0 million , net of taxes, to additional paid-in capital. Postretirement benefits, other than pensions, provide healthcare benefits, and in some instances, life insurance benefits for certain eligible retired employees in the U.S. The Company reflects the funded status of defined benefit pension and other postretirement benefit plans as an asset or liability. This amount is defined as the difference between the fair value of plan assets and the benefit obligation. The Company is required to recognize as a component of other comprehensive income (loss), net of tax, the actuarial gains/losses and prior service credits that arise but were not previously required to be recognized as components of net periodic benefit cost. Other comprehensive income (loss) is adjusted as these amounts are later recognized in the statement of operations as components of net periodic benefit cost. The Company’s policy for funded plans is to contribute, at a minimum, amounts required by applicable laws, regulations and union agreements. The Plan represents approximately 99% of the Company's defined benefit plan obligations and 100% of its plan assets. The Company made a $2.8 million contribution to the plan in 2019 , however, no cash contributions were made in 2018 or 2017 . The level of future contributions will vary and is dependent on a number of factors including investment returns, interest rate fluctuations, plan demographics, funding regulations and the results of the final actuarial valuation. Additionally, pursuant to various collective bargaining agreements, certain union-represented employees participate in multiemployer pension plans. The following table provides a reconciliation of benefit obligations and plan assets of the Company’s pension plans and postretirement benefit plans (in millions): Pension Postretirement 2019 2018 2019 2018 Change in Projected Benefit Obligations Benefit obligations at beginning of year $ 148.5 $ 160.0 $ 1.0 $ 1.1 Interest cost 6.2 5.7 — — Plan settlements (6.3 ) (7.9 ) — — Benefits paid (0.4 ) (0.2 ) — — Adjustment (1) — 1.1 — — Actuarial (gain) loss 15.5 (10.2 ) — (0.1 ) Benefit obligations at end of year $ 163.5 $ 148.5 $ 1.0 $ 1.0 Change in Fair Value of Plan Assets Fair value of plan assets at beginning of year $ 123.6 $ 140.4 $ — $ — Actual return on plan assets 24.0 (10.2 ) — — Employer contribution 2.8 — — — Plan settlements (6.3 ) (7.9 ) — — Benefits paid (0.4 ) (0.2 ) — — Adjustment (1) — 1.5 — — Fair value of plan assets at end of year $ 143.7 $ 123.6 $ — $ — Funded Status $ (19.8 ) $ (24.9 ) $ (1.0 ) $ (1.0 ) Accumulated benefit obligations $ 163.5 $ 148.5 (1) In connection with the Spin-Off, assets were allocated between THC and the Company in proportion to the associated liability. The adjustment for 2018 represented the final allocation and settlement with the Hertz Plan. Pension Postretirement 2019 2018 2019 2018 Amounts Recognized in Balance Sheet Accrued liabilities $ (0.1 ) $ (0.1 ) $ (0.1 ) $ (0.1 ) Other long-term liabilities (19.7 ) (24.8 ) (0.9 ) (0.9 ) Net amount recognized $ (19.8 ) $ (24.9 ) $ (1.0 ) $ (1.0 ) Amounts Recognized in Accumulated Other Comprehensive Loss Net actuarial gain (loss) $ (20.3 ) $ (25.6 ) $ 0.2 $ 0.2 Prior service credits 0.1 0.1 — — Net amount recognized $ (20.2 ) $ (25.5 ) $ 0.2 $ 0.2 Weighted‑Average Assumptions Used to Determine Projected Benefit Obligations Discount rate 3.2 % 4.3 % 3.2 % 4.2 % Average rate of increase in compensation — % — % — % — % Initial healthcare cost trend rate N/A N/A 5.8 % 6.1 % Ultimate healthcare cost trend rate N/A N/A 4.5 % 4.5 % The benefit obligations and fair value of plan assets for the Company’s qualified and non-qualified pension and postretirement plans with projected benefit obligations or accumulated benefit obligations in excess of plan assets are as follows (in millions): Pension Postretirement 2019 2018 2019 2018 Plans with Benefit Obligations in Excess of Plan Assets Projected benefit obligations $ 163.5 $ 148.5 $ 1.0 $ 1.0 Accumulated benefit obligations 163.5 148.5 — — Fair value of plan assets 143.7 123.6 — — The following table sets forth the net periodic pension cost (benefit) (in millions): Years Ended December 31, 2019 2018 2017 Components of Net Periodic Pension Cost (Benefit): Interest cost $ 6.2 $ 5.7 $ 6.1 Expected return on plan assets (5.2 ) (6.0 ) (6.2 ) Net amortization of actuarial net loss 1.1 0.7 1.4 Settlement loss 0.8 1.2 0.9 Net periodic pension cost (benefit) $ 2.9 $ 1.6 $ 2.2 Weighted‑Average Assumptions Used to Determine Net Periodic Pension Cost (Benefit) Discount rate 4.3 % 3.6 % 4.1 % Expected return on assets 5.8 % 5.6 % 6.5 % Average rate of increase in compensation — % — % — % The net periodic postretirement cost was immaterial in 2019 , 2018 and 2017 . The discount rate reflects the rate the Company would have to pay to purchase high-quality investments that would provide cash sufficient to settle its current pension obligations. The discount rate is determined based on a range of factors, including the rates of return on high-quality, fixed-income corporate bonds and the related expected duration of the obligations. The discount rate for the Plan is based on the rate from the Mercer Pension Discount Curve-Above Mean Yield that is appropriate for the duration of the obligations. The discount rate used to measure the pension obligation at the end of the year is also used to measure pension cost in the following year. The expected return on plan assets for the U.S. qualified plan is based on expected future investment returns considering the target investment mix of plan assets. It reflects the average rate of earnings expected on the funds invested, or to be invested, to provide for the benefits included in the projected benefit obligations. In determining the expected long-term rate of return on plan assets, the Company considers the relative weighting of plan assets, the historical performance of total plan assets and individual asset classes and economic and other indicators of future performance. There was no average rate of increase in compensation for 2019 , 2018 or 2017 as there are no longer any employees in the Plan accruing benefits. The ultimate healthcare cost trend rates for the postretirement benefit plans are expected to be reached in 2038. Changing the assumed health care cost trend rates by one percentage point is estimated to have an immaterial (less than $0.1 million ) impact on the accumulated postretirement benefit obligation as of December 31, 2019 and the 2019 aggregate of service and interest costs. The Company expects to amortize $0.5 million of net actuarial losses from accumulated other comprehensive loss into net periodic pension cost (benefit) in 2020 . Plan Assets The Company has a long-term investment outlook for its Plan assets, which is consistent with the long-term nature of the Plan's respective liabilities. The Plan currently has a target asset allocation of 35% equity and 65% fixed income. The equity portion of the assets is actively managed in U.S. small/mid cap and international funds and a small allocation to a passively managed U.S. large cap index fund. The fixed income portion of the assets is actively managed in long/intermediate duration government/credit funds and small allocations to an actively managed high yield fund, a bank loan fund and an emerging market debt fund. A modest amount of cash is maintained to facilitate payment of benefits and plan expenses. The fair value measurements of all plan assets are based upon significant other observable inputs (Level 2), except for cash which is based upon quoted market prices in active markets for identical assets (Level 1). The following represents the Company's pension plan assets (in millions): Asset Category December 31, 2019 December 31, 2018 Cash $ 2.3 $ 1.9 Short Term Investments 0.1 0.1 Equity Securities: U.S. Large Cap 20.0 14.7 U.S. Mid Cap 4.6 3.2 U.S. Small Cap 1.2 1.2 International Developed 18.6 14.3 International Emerging Markets 6.9 6.8 Fixed Income Securities: U.S. Treasuries 22.2 21.0 Corporate Bonds 41.5 37.2 Government Bonds 9.9 7.1 Municipal Bonds 2.8 2.7 Mortgage-Backed Securities 2.9 1.2 Asset-Backed Securities 2.5 3.6 Bank Loans 7.1 6.6 Other 1.1 2.0 Total fair value of pension plan assets $ 143.7 $ 123.6 Estimated Future Benefit Payments The following table presents estimated future benefit payments (in millions): Pension Postretirement 2020 $ 6.1 $ 0.1 2021 6.6 0.1 2022 7.5 0.1 2023 8.5 0.1 2024 9.9 0.1 2025-2029 61.7 0.4 $ 100.3 $ 0.9 Multiemployer Pension Plans The Company contributes to several multiemployer defined benefit pension plans under collective bargaining agreements that cover certain union represented employees. The risks of participating in such plans are different from the risks of single-employer plans, in the following respects: (a) Assets contributed to a multiemployer plan by one employer may be used to provide benefits to employees of other participating employers; (b) If a participating employer ceases to contribute to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers; and (c) If the Company ceases to have an obligation to contribute to the multiemployer plan in which the Company had been a contributing employer, the Company may be required to pay to the plan an amount based on the underfunded status of the plan and on the history of the Company's participation in the plan prior to the cessation of its obligation to contribute. The amount that an employer that has ceased to have an obligation to contribute to a multiemployer plan is required to pay to the plan is referred to as a withdrawal liability. The Company's participation in multiemployer plans for the annual period ended December 31, 2019 is outlined in the table below. For each plan that is individually significant to the Company, the following information is provided: • The "EIN / Pension Plan Number" column provides the Employer Identification Number assigned to a plan by the Internal Revenue Service. • The "Pension Protection Act Zone Status" available is for plan years that ended in 2019 and 2018. The zone status is based on information provided to the Company and other participating employers by each plan and is certified by the plan's actuary. A plan in the "red" zone has been determined to be in "critical status," based on criteria established under the Internal Revenue Code, or the "Code," and is generally less than 65% funded. A plan in the "yellow" zone has been determined to be in "endangered status," based on criteria established under the Code, and is generally less than 80% funded. A plan in the "green" zone has been determined to be neither in "critical status" nor in "endangered status," and is generally at least 80% funded. • The "FIP/RP Status Pending/Implemented" column indicates whether a Funding Improvement Plan, as required under the Code to be adopted by plans in the "yellow" zone, or a Rehabilitation Plan, as required under the Code to be adopted by plans in the “red” zone, is pending or has been implemented as of the end of the plan year that ended in 2019 . • The "Surcharge Imposed" column indicates whether a surcharge was paid during the most recent annual period presented for the Company's contributions to any plan in the red zone in accordance with the requirements of the Code. The last column lists the expiration dates of the collective bargaining agreements pursuant to which the Company contributed to the plans. There are no plans where the amount contributed by the Company represents more than 5% of the total contributions to the plan for the years ended December 31, 2019 , 2018 and 2017 . (In millions) EIN / Pension Pension FIP / Contributions Surcharge Imposed Expiration Pension Fund 2019 2018 2019 2018 2017 Midwest Operating Engineers 36-6140097 Green Green N/A $ 1.0 $ 0.9 $ 0.8 N/A 5/31/2021 Other Plans (a) 1.2 1.1 0.9 Total contributions $ 2.2 $ 2.0 $ 1.7 (a) Consists of six plans, none of which are individually significant to the Company.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation On May 17, 2018, the Herc Holdings Inc. 2018 Omnibus Incentive Plan (the "2018 Omnibus Plan") was approved and replaced the Herc Holdings Inc. 2008 Omnibus Incentive Plan. The 2018 Omnibus Plan provides for grants of both equity and cash awards, including non-qualified stock options, incentive stock options, stock appreciation rights, performance awards (shares and units), restricted awards (shares and units) and deferred stock units to key executives, employees, non-management directors and non-employee consultants. The total number of common shares authorized for issuance under the 2018 Omnibus Plan is 2,200,000 , of which approximately 1,913,000 remains available as of December 31, 2019 for future incentive awards. Stock-based compensation awards are measured on their grant date using a fair value method and are recognized in the statement of operations over the requisite service period. The Company's stock-based compensation expense is included in “Selling, general and administrative” expense in the Company's consolidated statements of operations. The following table summarizes the expenses and associated income tax benefits recognized (in millions): Year Ended December 31, 2019 2018 2017 Compensation expense $ 19.5 $ 13.4 $ 10.1 Income tax benefit (5.1 ) (3.5 ) (2.5 ) Total $ 14.4 $ 9.9 $ 7.6 As of December 31, 2019 , there was $15.8 million of total unrecognized compensation cost related to non-vested stock options, restricted stock units ("RSUs") and performance stock units ("PSUs"). The total unrecognized compensation cost is expected to be recognized over the remaining 1.5 years , on a weighted average basis, of the requisite service period that began on the grant dates. Stock Options All stock options granted had a per-share exercise price of not less than the fair market value of one share of common stock on the grant date. Stock options vest based on a minimum period of service or the occurrence of events (such as a change in control, as defined in the 2018 Omnibus Plan). No stock options are exercisable after ten years from the grant date. The Company’s practice is to grant stock options at fair market value. Options vest over four years with terms of five years to 10 years , assuming continued employment with certain exceptions. Vesting of the option awards is contingent upon meeting certain service conditions. The fair value of option grants is estimated using the Black-Scholes option pricing model. The fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period. Use of a valuation model requires management to make certain assumptions with respect to selected model inputs. The risk-free interest rate is based on U.S. Treasury zero-coupon issues with a remaining term which approximates the expected life assumed at the date of grant. The compensation expense recognized for all stock-based awards is net of estimated forfeitures. Forfeitures were estimated based on an analysis of actual option forfeitures. There were no stock options granted during 2019, 2018 or 2017. A summary of option activity is presented below. Options Weighted Weighted Aggregate Intrinsic (a) Outstanding at December 31, 2018 370,273 $ 37.56 Granted — — Exercised (25,508 ) 32.93 Forfeited or expired (2,267 ) 33.19 Outstanding at December 31, 2019 342,498 $ 37.94 Expected to Vest at December 31, 2019 63,845 $ 33.31 3.6 $ 1.0 Exercisable at December 31, 2019 278,122 $ 39.01 2.9 $ 3.4 (a) Market price per share on December 31, 2019 was $ 48.94 . The intrinsic value is zero for options with exercise prices above market value. Stock options as of December 31, 2019 : Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding Weighted Weighted Number Outstanding Weighted Weighted $30.01-40.00 277,998 33.19 3.6 214,501 33.19 3.6 40.01-50.00 3,616 42.18 3.4 2,737 42.27 3.3 50.01-60.00 46,820 56.12 0.5 46,820 56.12 0.5 70.01-80.00 14,064 70.14 0.1 14,064 70.14 0.1 342,498 $ 37.94 278,122 $ 39.01 Additional information pertaining to stock option activity under the Omnibus Plan is as follows (in millions): Year Ended December 31, 2019 2018 2017 Aggregate intrinsic value of stock options exercised (a) $ 0.3 $ 0.5 $ 0.3 Cash received from the exercise of stock options 0.8 0.5 0.7 Tax benefit realized on exercise of stock options 0.1 0.1 0.1 (a) The intrinsic value is the difference between the market value of the shares on the exercise date and the exercise price of the option. Performance Stock Units PSUs will vest based on the achievement of pre-determined performance goals over performance periods determined by the Company's Compensation Committee. Each of the units granted represent the right to receive one share of the Company's common stock on a specified future date. Compensation expense for PSUs is based on the grant date fair value and is recognized ratably over the three year vesting period. In addition to the service vesting condition, the PSUs have an additional vesting condition which calls for the number of units to be awarded being based on the achievement of certain performance measures over the applicable measurement period. In the event of an employee's death or disability, a pro rata portion of the employee's PSUs will vest to the extent performance goals are achieved at the end of the performance period. A summary of the PSU activity is presented below. Units Weighted Nonvested at December 31, 2018 267,107 $ 48.60 Granted 162,490 40.79 Vested (97,997 ) 34.48 Forfeited (9,807 ) 49.97 Nonvested at December 31, 2019 321,793 $ 48.91 The weighted average per share grant-date fair values of PSUs granted during 2019 , 2018 and 2017 were $40.79 , $64.51 and $47.88 , respectively. The total fair value of PSUs that vested during 2019 and 2018 were $ 3.4 million and $3.2 million , respectively. There were no PSUs that vested in 2017 . PSUs granted in 2019 , 2018 and 2017 include vesting conditions based on the achievement of the Company's return on invested capital performance measured over a three-year period starting from the year of grant. Restricted Stock Units RSUs granted under the Omnibus Plan will vest based on a minimum period of service or the occurrence of events (such as a change in control, as defined in the Omnibus Plan) specified by the Compensation Committee. Compensation expense for RSUs is based on the grant date fair value and is recognized ratably over the vesting period which generally ranges from one year to three years . A summary of the RSU activity under the Omnibus Plan is presented below. Units Weighted Nonvested at December 31, 2018 456,654 $ 46.57 Granted 245,176 41.18 Vested (263,396 ) 40.44 Forfeited (27,365 ) 47.71 Nonvested at December 31, 2019 411,069 $ 47.17 The weighted average per share grant date fair values of RSUs granted during 2019 , 2018 and 2017 were $41.18 , $62.89 and $45.61 , respectively. The total fair value of RSUs that vested during 2019 , 2018 and 2017 was $10.7 million , $3.0 million and $1.6 million , respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The components of income (loss) before income taxes for the periods were as follows (in millions): Years Ended December 31, 2019 2018 2017 Domestic $ 61.9 $ 60.5 $ (59.2 ) Foreign 1.7 8.3 (5.2 ) Income (loss) before income taxes $ 63.6 $ 68.8 $ (64.4 ) The provision (benefit) for income taxes consists of the following (in millions): Years Ended December 31, 2019 2018 2017 Current: Federal $ (1.4 ) $ 2.2 $ 2.0 Foreign 3.5 1.9 5.0 State and local 3.7 5.5 (3.3 ) Total current 5.8 9.6 3.7 Deferred: Federal 15.9 (7.0 ) (214.9 ) Foreign 0.4 (1.9 ) (4.6 ) State and local (6.0 ) (1.0 ) (8.9 ) Total deferred 10.3 (9.9 ) (228.4 ) Total income tax provision (benefit) $ 16.1 $ (0.3 ) $ (224.7 ) The principal items of the U.S. and foreign net deferred tax assets and liabilities are as follows (in millions): December 31, 2019 December 31, 2018 Deferred tax assets: Employee benefit plans $ 5.5 $ 6.8 Tax credit carryforwards 2.1 4.2 Right-of-use assets 54.7 — Accrued expenses 35.0 34.9 Net operating loss carryforwards 122.9 101.8 Total deferred tax assets 220.2 147.7 Less: valuation allowance (9.0 ) (5.8 ) Total net deferred tax assets 211.2 141.9 Deferred tax liabilities: Deferred state gain — (6.3 ) Lease liabilities (53.2 ) — Outside basis difference in foreign subsidiaries and other (2.0 ) (3.4 ) Depreciation on tangible assets (545.7 ) (512.5 ) Intangible assets (69.6 ) (67.8 ) Total deferred tax liabilities (670.5 ) (590.0 ) Net deferred tax liability $ (459.3 ) $ (448.1 ) As of December 31, 2019 , a deferred tax asset of $104.6 million was recorded for unutilized federal net operating loss carryforwards ("NOL carryforwards"). The total federal NOL carryforwards are $509.1 million and the federal NOL carryforwards begin to expire in 2031 . State NOL carryforwards have generated a deferred tax asset of $11.1 million and expire over various years beginning in 2020 . As of December 31, 2019 , deferred tax assets of $2.0 million were recorded for federal Alternative Minimum Tax and various non-U.S. Tax Credits. As of December 31, 2019 , deferred tax assets of $7.2 million were recorded for foreign NOL carryforwards of $35.6 million , of which $15.9 million have an indefinite carryforward period. In determining the valuation allowance, an assessment of positive and negative evidence was performed regarding realization of the net deferred tax assets in accordance with Topic 740. This assessment included the evaluation of scheduled reversals of deferred tax liabilities, the availability of carryforwards and estimates of projected future taxable income. Based on the assessment, as of December 31, 2019 , total valuation allowances of $9.0 million were recorded against deferred tax assets. Although realization is not assured, the Company has concluded that it is more likely than not the remaining deferred tax assets of $211.2 million will be realized and as such no valuation allowance has been provided on these assets. The income tax in the accompanying consolidated statements of operations differs from the income tax calculated by applying the statutory federal income tax rate to income (loss) before income taxes due to the following (in millions): Years Ended December 31, 2019 2018 2017 Income tax (benefit) provision at statutory rate $ 13.3 $ 14.4 $ (22.5 ) Increases (decreases) resulting from: Foreign taxes 0.9 0.9 1.9 State and local income taxes, net of federal income tax (3.7 ) 3.6 2.6 Federal and foreign 3.1 1.1 0.5 Enactment of the 2017 Tax Act — (20.8 ) (207.1 ) Finalization of estimates from Spin-Off — — (0.9 ) Change in valuation allowance 2.6 (1.5 ) 1.1 Outside basis difference in foreign subsidiaries (0.9 ) 0.9 — All other items, net 0.8 1.1 (0.3 ) Income tax (benefit) provision $ 16.1 $ (0.3 ) $ (224.7 ) As a result of the 2017 Tax Act, previously undistributed earnings from foreign subsidiaries are deemed to have been repatriated as of December 31, 2017 for federal income tax purposes. Beginning in 2018, companies are generally able to repatriate earnings from foreign subsidiaries with no U.S. federal income tax impact. As of December 31, 2018, and as part of the finalization of the tax impacts of the 2017 Tax Act under SAB 118, the Company has determined not to assert that earnings from foreign operations are permanently reinvested. The Company therefore recorded a deferred tax liability of $1.8 million with respect to the expected future tax liability associated with the repatriation of these earnings in the future. As of December 31, 2019 , the Company had sold all interests in foreign subsidiaries that were responsible for recording the liability. As such, a benefit of $1.8 million was recorded related to the reversal of the future tax liability. As of December 31, 2019, the Company has not changed its assertion that earnings from foreign operations are not permanently invested. The Company, as a matter of policy, looks to repatriate foreign earnings in a tax efficient manner. Many foreign jurisdictions impose taxes on distributions to other jurisdictions. Due to the variations and complexities of these laws, the Company believes it would be impractical to calculate and accrue these taxes beyond the normal earnings and profits standard for U.S. tax purposes. As of December 31, 2019 , the Company is maintaining the assertion that future earnings associated with the potential stock sale or liquidation of foreign subsidiaries is permanently reinvested. Accordingly, the Company has not recorded any deferred tax liabilities associated with these book-to-tax differences. The Company has analyzed the potential tax liability associated with these differences to be approximately $44.8 million . During the year ended December 31, 2019 the Company recorded unrecognized tax benefits of $2.3 million related to tax positions in the prior periods. The Company conducts business globally and, as a result, files one or more income tax returns in the U.S. and non-U.S. jurisdictions. In the normal course of business, the Company is subject to examination by taxing authorities throughout the world. The open tax years for these jurisdictions span from 2005 to 2018. The IRS completed its audit of the Company's 2007 to 2011 consolidated income tax returns, in which Herc was included, and had no changes to the previously filed tax returns. The Company is currently under audit for the 2014 and 2015 income tax years. The Company was also recently notified that the IRS will be auditing the 2016 income tax return. Several U.S. state and non-U.S. jurisdictions are under audit. The Company does not expect any material assessments resulting from these audits. In December 2017, the 2017 Tax Act was enacted. This legislation had significant impact on the current tax environment in the U.S. Subsequent to the enactment of the 2017 Tax Act, the Securities and Exchange Commission ("SEC") provided guidance issued in Staff Accounting Bulletin No. 118 ("SAB 118") on how public companies should report the effects of the 2017 Tax Act in future SEC filings. The Company performed an initial analysis of the 2017 Tax Act in accordance with this guidance. The Company recognized, as an estimate, an income tax net benefit of $207.1 million for the year ended December 31, 2017 associated with the items that were reasonably estimable. This net benefit reflected (i) a $245.2 million revaluation of the Company's net deferred tax liability based on a U.S. federal tax rate of 21%, partially offset by (ii) a one-time transition tax of $38.1 million on unremitted foreign earnings and profits (the $38.1 million did not represent cash taxes paid due to the utilization of NOL carryforwards. During the fourth quarter of 2018, the Company completed the analysis of the 2017 Tax Act in accordance with SAB 118. Below is a summary of the key provisions of the 2017 Tax Act as finalized (in millions): Years ended December 31, 2019 2018 2017 Tax Rate Reduction $ — $ 14.3 $ (245.2 ) Deemed Repatriation — (35.1 ) 38.1 Total benefit related to the 2017 Tax Act $ — $ (20.8 ) $ (207.1 ) Tax Rate Reduction The 2017 Tax Act reduced the federal income tax rate from 35% to 21% beginning in 2018. Accordingly, the Company recorded an estimated tax benefit of $245.2 million for the year ended December 31, 2017 associated with the reduction in net deferred tax liabilities. The tax impact of this rate change was finalized in 2018 as part of the completion of the 2017 income tax returns. Based on the completion of this analysis, the Company recorded an adjustment of $14.3 million to the 2017 estimate resulting in a final tax benefit of $230.9 million . Deemed Repatriation Under the 2017 Tax Act, companies were required, as part of the December 31, 2018 income tax reporting, to calculate the amount of previously unrepatriated earnings from foreign operations and remit a one-time tax (“Toll Charge”) on these previously untaxed earnings. The Company recognized an estimated tax expense of $38.1 million associated with this deemed repatriation for the year ended December 31, 2017 . Based on the finalization of the analysis in 2018, the Company recorded a benefit of approximately $35.1 million with respect to the Toll Charge. This benefit was partially offset by a rate reduction on federal NOL carryforwards previously utilized at 35% and reduced to 21%. The Company elected to utilize current NOL carryforwards to offset the remaining deemed repatriation income balance and therefore recorded no income tax payable for U.S. federal tax purposes. Interest Expense Limitation Beginning in 2018, interest expense deductions are limited to 30% of adjusted taxable income, subject to certain provisions. The Company completed the analysis with respect to the interest expense limitation. The Company was not subject to this limitation in 2019 or 2018. Territorial Taxation The 2017 Tax Act generally allows for the receipt of foreign dividends on a tax-free basis beginning in 2018. However, the 2017 Tax Act also enacts various new taxes with respect to transactions with, and operations of, foreign related parties. The Company has completed the analysis with respect to these new taxes and concluded as follows: • Global Intangible Low-Taxed Income ("GILTI") - The Company, in accordance with the GILTI regulations with respect to foreign subsidiaries, was in a tested loss position for 2018 and therefore recorded no GILTI. Additionally, since the Company was not subject to the GILTI, no election has currently been made with respect to GILTI and deferred taxes or valuation allowances with respect to GILTI. • Base Erosion Anti-Abuse Tax ("BEAT") - The Company made no payment to foreign subsidiaries subject to BEAT in 2018. Therefore, no BEAT has been recorded. • Foreign Derived Intangible Income ("FDII") - The Company received no amounts from foreign subsidiaries subject to FDII in 2018. Therefore, no FDII has been recorded. Fixed Assets The 2017 Tax Act allows for a special 100% bonus depreciation deduction to be claimed on many fixed assets purchased subsequent to September 27, 2017 through December 2022. Additionally, the 2017 Tax Act terminated the availability of Section 1031 LKE treatment with respect to personal property items. As a result, the Company elected to cease matching asset sales with newly acquired assets effective October 1, 2017 and began utilizing the 100% expensing provision effective as of October 1, 2017. Reclassifications In February 2018, the FASB issued guidance that allows reclassification from accumulated other comprehensive income to retained earnings for certain tax effects resulting from the 2017 Tax Act that would otherwise be stranded in accumulated other comprehensive income. This guidance is effective for annual and interim periods beginning after December 15, 2018, with early adoption permitted. The Company has elected to early adopt this guidance and as a result has recorded an adjustment of $2.2 million to retained earnings as of January 1, 2018.

Leases

Leases	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Leases	Leases The Company leases real estate, office equipment and service vehicles. The Company's leases have remaining lease terms of up to 15 years , some of which include options to extend the leases for up to 20 years . The Company has included the initial lease term and, in the case where there are options to extend, will include the option to extend if it has determined that it reasonably certain that the Company would exercise those options. Leases are classified as either finance or operating at inception of the lease, with classification affecting the pattern of expense recognition in the income statement. Operating leases result in the recognition of ROU assets and lease liabilities on the balance sheet. ROU assets represent the Company's right to use the leased asset for the lease term and lease liabilities represent the obligation to make lease payments. The liability is calculated as the present value of the remaining minimum rental payments for existing operating leases using either the rate implicit in the lease or, if none exists, the Company's incremental borrowing rate. The Company's capital leases are accounted for as finance leases; no significant changes have been made for the accounting of such leases upon adoption of Topic 842 on January 1, 2019. The Company also leases certain equipment that it rents to its customers where the payments vary based upon the amount of time the equipment is on rent. There are no fixed payments on these leases and, therefore, no lease liability or ROU assets have been recorded. Leases with an initial term of 12 months or less are not recorded on the balance sheet. Lease expense for these leases is recognized on a straight-line basis over the lease term. The components of lease expense consist of the following (in millions): Classification December 31, 2019 Operating lease cost (a) Direct operating $ 100.1 Finance lease cost: Amortization of ROU assets Depreciation and amortization (b) 12.5 Interest on lease liabilities Interest expense, net 1.7 Sublease income Equipment rental revenue (67.2 ) Net lease cost $ 47.1 (a) Includes short-term leases of $ 54.6 million for the year ended December 31, 2019 , and variable lease costs of $ 4.3 million for the year ended December 31, 2019 . (b) Depreciation and amortization is included with selling, general and administrative expense. During the second quarter of 2019, the Company entered into a plan of restructuring with respect to certain branches in Canada. As part of the plan, certain of its leased locations were closed and the Company recorded a ROU asset impairment of $4.8 million . Additionally, the Company recorded related leasehold improvement impairments of $0.7 million and severance charges of $2.2 million . Balance sheet information related to leases consists of the following (in millions): Classification December 31, 2019 Assets Operating lease ROU assets Right-of-use assets $ 207.3 Finance lease ROU assets Property and equipment, net (a) 56.6 Total leased assets $ 263.9 Liabilities Current Operating Current maturities of operating lease liabilities $ 30.5 Finance Current maturities of long-term debt and financing obligations 21.8 Non-current Operating Operating lease liabilities 182.2 Finance Long-term debt, net 34.4 Total lease liabilities $ 268.9 Weighted average remaining lease term Operating leases 8.6 Finance leases 5.8 Weighted average discount rate Operating leases 3.89 % Finance leases 2.95 % (a) Finance lease right-of-use assets are recorded net of accumulated amortization of $46.2 million . Cash flow information related to leases consists of the following (in millions): December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 37.9 Operating cash flows from finance leases 1.7 Financing cash flows from finance leases 14.2 Right-of-use assets obtained in exchange for lease obligations: Operating leases 76.3 Finance leases 39.1 Maturities of lease liabilities are as follows (in millions): Operating Leases Finance Leases 2020 $ 37.3 $ 23.2 2021 35.8 7.1 2022 31.0 6.9 2023 26.9 6.5 2024 24.2 6.0 After 2025 96.2 11.0 Total lease payments 251.4 60.7 Less: Interest (38.7 ) (4.5 ) Present value of lease liabilities $ 212.7 $ 56.2

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The changes in the accumulated other comprehensive income (loss) balance by component (net of tax) are presented in the tables below (in millions): Pension and Other Post-Employment Benefits Unrealized Gains on Hedging Instruments Foreign Currency Items Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2018 $ (18.7 ) $ 2.7 $ (106.4 ) $ (122.4 ) Other comprehensive income before reclassification 3.3 (1.5 ) 11.5 13.3 Amounts reclassified from accumulated other comprehensive loss (0.6 ) — — (0.6 ) Net current period other comprehensive income 2.7 (1.5 ) 11.5 12.7 Balance at December 31, 2019 $ (16.0 ) $ 1.2 $ (94.9 ) $ (109.7 ) Pension and Other Post-Employment Benefits Unrealized Gains on Hedging Instruments Foreign Currency Items Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2017 $ (13.5 ) $ 1.3 $ (86.4 ) $ (98.6 ) Other comprehensive income before reclassification (5.6 ) 1.1 (20.0 ) (24.5 ) Amounts reclassified from accumulated other comprehensive loss 2.9 — — 2.9 Cumulative effect of accounting change (Note 14) (2.5 ) 0.3 — (2.2 ) Net current period other comprehensive income (5.2 ) 1.4 (20.0 ) (23.8 ) Balance at December 31, 2018 $ (18.7 ) $ 2.7 $ (106.4 ) $ (122.4 ) Amounts reclassified from accumulated other comprehensive income (loss) to net income were as follows (in millions): Twelve Months Ended December 31, Pension and other postretirement benefit plans 2019 2018 2017 Statement of Operations Caption Amortization of actuarial losses $ 1.1 $ 0.7 $ 1.4 Selling, general and administrative Settlement loss 0.8 1.2 0.9 Selling, general and administrative Total 1.9 1.9 2.3 Tax benefit (provision) (2.5 ) 1.0 (1.2 ) Income tax benefit (provision) Total reclassifications for the period $ (0.6 ) $ 2.9 $ 1.1

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Contingencies	Commitments and Contingencies Legal Proceedings In re Hertz Global Holdings, Inc. Securities Litigation - In November 2013, a putative shareholder class action, Pedro Ramirez, Jr. v. Hertz Global Holdings, Inc., et al., was commenced in the U.S. District Court for the District of New Jersey naming Hertz Holdings and certain of its officers as defendants and alleging violations of the federal securities laws. The complaint alleged that Hertz Holdings made material misrepresentations and/or omission of material fact in its public disclosures during the period from February 25, 2013 through November 4, 2013, in violation of Section 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and Rule 10b-5 promulgated thereunder. The complaint sought unspecified monetary damages on behalf of the purported class and an award of costs and expenses, including counsel fees and expert fees. In June 2014, Hertz Holdings moved to dismiss the amended complaint. In October 2014, the court granted Hertz Holdings’ motion to dismiss without prejudice, allowing the plaintiff to amend the complaint a second time. In November 2014, plaintiff filed a second amended complaint which shortened the putative class period and made allegations that were not substantively very different than the allegations in the prior complaint. In early 2015, Hertz Holdings moved to dismiss the second amended complaint. In July 2015, the court granted Hertz Holdings’ motion to dismiss without prejudice, allowing plaintiff to file a third amended complaint. In August 2015, plaintiff filed a third amended complaint which included additional allegations, named additional then-current and former officers as defendants and expanded the putative class period to extend from February 14, 2013 to July 16, 2015. In November 2015, Hertz Holdings moved to dismiss the third amended complaint. The plaintiff then sought leave to add a new plaintiff because of challenges to the standing of the first plaintiff. The court granted plaintiff leave to file a fourth amended complaint to add the new plaintiff, and the new complaint was filed on March 1, 2016. Hertz Holdings and the individual defendants moved to dismiss the fourth amended complaint with prejudice on March 24, 2016. In April 2017, the court granted Hertz Holdings' and the individual defendants' motions to dismiss and dismissed the action with prejudice. In May 2017, plaintiff filed a notice of appeal and, in June 2018, oral argument was conducted before the U.S. Court of Appeals for the Third Circuit. In September 2018, the court affirmed the dismissal of the action with prejudice. On February 5, 2019, plaintiff filed a motion to set aside the judgment against it, and for leave to file a fifth amended complaint. The proposed amended complaint would add allegations related to the settlement with the SEC that, among other things, ordered New Hertz to cease and desist from violating certain of the federal securities laws and imposed a civil penalty of $16.0 million . On February 26, 2019, New Hertz filed an opposition to plaintiff’s motion for relief from judgment and leave to file a fifth amended complaint. On March 8, 2019, plaintiff filed a reply in support of that motion. On September 30, 2019, the court denied plaintiff’s motion for relief from judgment and leave to file a fifth amended complaint. On October 30, 2019, plaintiff filed a notice of appeal with the U.S. Court of Appeals for the Third Circuit. In addition, the Company is subject to a number of claims and proceedings that generally arise in the ordinary conduct of its business. These matters include, but are not limited to, claims arising from the operation of rented equipment and workers' compensation claims. The Company does not believe that the liabilities arising from such ordinary course claims and proceedings will have a material adverse effect on the Company's consolidated financial position, results of operations or cash flows. The Company has established reserves for matters where the Company believes the losses are probable and can be reasonably estimated. For matters where a reserve has not been established, the ultimate outcome or resolution cannot be predicted at this time, or the amount of ultimate loss, if any, cannot be reasonably estimated. Litigation is subject to many uncertainties and there can be no assurance as to the outcome of the individual litigated matters. It is possible that certain of the actions, claims, inquiries or proceedings, could be decided unfavorably to the Company or any of its subsidiaries involved. Accordingly, it is possible that an adverse outcome from such a proceeding could exceed the amount accrued in an amount that could be material to the Company's consolidated financial condition, results of operations or cash flows in any particular reporting period. Off-Balance Sheet Commitments Indemnification Obligations In the ordinary course of business, the Company executes contracts involving indemnification obligations customary in the relevant industry and indemnifications specific to a transaction such as the sale of a business or assets or a financial transaction. These indemnification obligations might include claims relating to the following: accuracy of representations; compliance with covenants and agreements by the Company or third parties; environmental matters; intellectual property rights; governmental regulations; employment-related matters; customer, supplier and other commercial contractual relationships; condition of assets; and financial or other matters. Performance under these indemnification obligations would generally be triggered by a breach of terms of the contract or by a third-party claim. The Company regularly evaluates the probability of having to incur costs associated with these indemnification obligations and has accrued for expected losses that are probable and estimable. The types of indemnification obligations for which payments are possible include the following: The Spin-Off In connection with the Spin-Off, pursuant to the separation and distribution agreement (as discussed in Note 21, " Arrangements with New Hertz "), the Company has assumed the liability for, and control of, all pending and threatened legal matters related to its equipment rental business and related assets, as well as assumed or retained liabilities, and will indemnify New Hertz for any liability arising out of or resulting from such assumed legal matters. The separation and distribution agreement also provides for certain liabilities to be shared by the parties. The Company is responsible for a portion of these shared liabilities (typically 15% ), as set forth in that agreement. New Hertz is responsible for managing the settlement or other disposition of such shared liabilities. Pursuant to the tax matters agreement, the Company has agreed to indemnify New Hertz for any resulting taxes and related losses if the Company takes or fails to take any action (or permits any of its affiliates to take or fail to take any action) that causes the Spin-Off and related transactions to be taxable, or if there is an acquisition of the equity securities or assets of the Company or of any member of the Company’s group that causes the Spin-Off and related transactions to be taxable. Environmental The Company has indemnified various parties for the costs associated with remediating numerous hazardous substance storage, recycling or disposal sites in many states and, in some instances, for natural resource damages. The amount of any such expenses or related natural resource damages for which the Company may be held responsible could be substantial. The probable expenses that the Company expects to incur for such matters have been accrued, and those expenses are reflected in the Company's consolidated financial statements. As of December 31, 2019 and December 31, 2018 , the aggregate amounts accrued for environmental liabilities, including liability for environmental indemnities, reflected in the Company's consolidated balance sheets in "Accrued liabilities" were $0.2 million and $0.1 million , respectively. The accrual generally represents the estimated cost to study potential environmental issues at sites deemed to require investigation or clean-up activities, and the estimated cost to implement remediation actions, including on-going maintenance, as required. Cost estimates are developed by site. Initial cost estimates are based on historical experience at similar sites and are refined over time on the basis of in-depth studies of the sites. For many sites, the remediation costs and other damages for which the Company ultimately may be responsible cannot be reasonably estimated because of uncertainties with respect to factors such as the Company's connection to the site, the materials there, the involvement of other potentially responsible parties, the application of laws and other standards or regulations, site conditions, and the nature and scope of investigations, studies, and remediation to be undertaken (including the technologies to be required and the extent, duration, and success of remediation). Guarantee The Company has an outstanding bank loan in connection with a previous joint venture. The Company has determined the maximum potential payment amount under the guarantee is approximately $6.3 million ; however the Company has not recorded a liability on its balance sheet as of December 31, 2019 as the bank loan is collateralized by the rental equipment and other assets of the joint venture entity and has maturities through 2023.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the principal market or, if none exists, the most advantageous market, for the specific asset or liability at the measurement date (referred to as the "exit price"). Fair value is a market-based measurement that should be determined based upon assumptions that market participants would use in pricing an asset or liability, including consideration of nonperformance risk. The Company assesses the inputs used to measure fair value using the three-tier hierarchy promulgated under U.S. GAAP. This hierarchy indicates the extent to which inputs used in measuring fair value are observable in the market. Level 1: Inputs that reflect quoted prices for identical assets or liabilities in active markets that are observable. Level 2: Inputs other than quoted prices included in Level 1 that are observable either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3: Inputs that are unobservable to the extent that observable inputs are not available for the asset or liability at the measurement date and include management's judgment about assumptions that market participants would use in pricing the asset or liability. Under U.S. GAAP, entities are allowed to measure certain financial instruments and other items at fair value. The Company has not elected the fair value measurement option for any of its assets or liabilities that meet the criteria for this option. Irrespective of the fair value option previously described, U.S. GAAP requires certain financial and non-financial assets and liabilities of the Company to be measured on either a recurring basis or on a nonrecurring basis as shown in the sections that follow. Assets and Liabilities Measured at Fair Value on a Recurring Basis The fair value of cash, accounts receivable, accounts payable and accrued liabilities, to the extent the underlying liability will be settled in cash, approximates carrying values because of the short-term nature of these instruments. The Company's assessment of goodwill and other intangible assets for impairment includes an assessment using various Level 2 (EBITDA multiples and discount rate) and Level 3 (forecasted cash flows) inputs. See Note 2 , " Basis of Presentation and Recently Issued Accounting Pronouncements ," for more information on the application of the use of fair value methodology. Cash Equivalents and Investments Cash equivalents, when held, primarily consist of money market accounts which are classified as Level 1 assets which the Company measures at fair value on a recurring basis. The Company determines the fair value of cash equivalents using a market approach based on quoted prices in active markets. The Company had no cash equivalents at December 31, 2019 or 2018 . Financial Instruments The fair value of the Company's financial instruments as of December 31, 2019 and 2018 are classified as Level 2 assets and liabilities and are priced using quoted market prices for similar assets or liabilities in active markets. Debt Obligations The fair values of the Company's New ABL Credit Facility, ABL Credit Facility, AR Facility, finance lease liabilities and other borrowings approximated their book values as of December 31, 2019 and 2018 . The fair value of the Company's 2027 Notes, 2022 Notes and 2024 Notes are estimated based on quoted market rates as well as borrowing rates currently available to the Company for loans with similar terms and average maturities (Level 2 inputs) (in millions). December 31, 2019 December 31, 2018 Nominal Unpaid Principal Balance Aggregate Fair Value Nominal Unpaid Principal Balance Aggregate Fair Value 2027 Notes $ 1,200.0 $ 1,265.0 $ — $ — 2022 Notes and 2024 Notes — — 864.5 901.2

Equity and Earnings (Loss) Per

Equity and Earnings (Loss) Per Share	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Equity and Earnings (Loss) Per Share	Equity Earnings Per Share Earnings Per Share Basic earnings per share has been computed based upon the weighted average number of common shares outstanding. Diluted earnings per share has been computed based upon the weighted average number of common shares outstanding plus the effect of all potentially dilutive common stock equivalents, except when the effect would be anti-dilutive. The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share data). Year Ended December 31, 2019 2018 2017 Basic and diluted earnings per share: Numerator: Net income, basic and diluted $ 47.5 $ 69.1 $ 160.3 Denominator: Basic weighted average common shares 28.7 28.4 28.3 Stock options, RSUs and PSUs 0.4 0.5 0.3 Weighted average shares used to calculate diluted earnings (loss) per share 29.1 28.9 28.6 Earnings per share: Basic $ 1.66 $ 2.43 $ 5.66 Diluted $ 1.63 $ 2.39 $ 5.60 Antidilutive stock options, RSUs and PSUs 0.3 0.2 0.4

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Agreements with Carl C. Icahn The Company is subject to the Nomination and Standstill Agreement, dated September 15, 2014 (the "Nomination and Standstill Agreement"), with Carl C. Icahn and certain related entities and individuals. In connection with their appointments or nomination, as applicable, to the Company’s board of directors (the "Board"), each of Jonathan Frates, Louis J. Pastor and Nicholas F. Graziano (collectively, the "Icahn Designees," and, together with Carl C. Icahn and the other parties to the Nomination and Standstill Agreements the "Icahn Group") executed a Joinder Agreement agreeing to become bound as a party to the terms and conditions of the Nomination and Standstill Agreement (such Joinder Agreements, together with the Nomination and Standstill Agreement, are collectively referred to herein as the "Icahn Agreements"). Pursuant to the Icahn Agreements, the Icahn Designees were appointed to the Company’s Board. So long as an Icahn Designee is a member of the Board, the Board will not be expanded beyond its current size without approval from the Icahn Designees then on the Board. In addition, pursuant to the Icahn Agreements, subject to certain restrictions and requirements, the Icahn Group will have certain replacement rights in the event an Icahn Designee resigns or is otherwise unable to serve as a director (other than as a result of not being nominated by the Company for an annual meeting). In addition, until the date that no Icahn Designee is a member of the Board (or otherwise deemed to be on the Board pursuant to the terms of the Icahn Agreements) the Icahn Group agrees to vote all of its shares of the Company’s common stock in favor of the election of all of the Company’s director nominees at each annual or special meeting of the Company’s stockholders, and, subject to limited exceptions, the Icahn Group further agrees to (i) adhere to certain standstill obligations, including the obligation to not solicit proxies or consents or influence others with respect to the same, and (ii) not acquire or otherwise beneficially own more than 20% of the Company’s outstanding voting securities. Pursuant to the Icahn Agreements, the Company will not create a separate executive committee of the Board so as long as an Icahn Designee is a member of the Board. Under the Icahn Agreements, if the Icahn Group ceases to hold a “net long position,” as defined in the Nomination and Standstill Agreement, in at least 1,900,000 shares of the Company’s common stock, the Icahn Group will cause one Icahn Designee to resign from the Board; if the Icahn Group’s holdings are further reduced to specified levels, additional Icahn Designees are required to resign. In addition, pursuant to the Icahn Agreements, the Company entered into a registration rights agreement, effective June 30, 2016 (the "Registration Rights Agreement"), with certain entities related to Carl C. Icahn on behalf of any person who is a member of the "Icahn group" (as such term is defined therein) who owns applicable securities at the relevant time and is or has become a party to the Registration Rights Agreement. The Registration Rights Agreement provides for customary demand and piggyback registration rights and obligations. Arrangements with New Hertz In connection with the Spin-Off, the Company entered into a separation and distribution agreement (the "Separation Agreement") with New Hertz. In connection therewith, the Company also entered into various other ancillary agreements with New Hertz to effect the Spin-Off and provide a framework for its relationship with New Hertz. The following summarizes some of the most significant agreements and relationships that Herc Holdings continues to have with New Hertz. Separation and Distribution Agreement The Separation Agreement sets forth the Company's agreements with New Hertz regarding the principal actions taken in connection with the Spin-Off. It also sets forth other agreements that govern aspects of the Company's relationship with New Hertz following the Spin-Off including (i) the manner in which legal matters and claims are allocated and certain liabilities are shared between the Company and New Hertz; (ii) other matters including transfers of assets and liabilities, treatment or termination of intercompany arrangements and releases of certain claims between the parties and their affiliates; (iii) mutual indemnification clauses; and (iv) allocation of Spin-Off expenses between the parties. Transition Services Agreement The Company entered into a transition services agreement ("TSA"), pursuant to which New Hertz or its affiliates provided, during the year ended December 31, 2018 , specified services, primarily consisting of IT support, to the Company on a transitional basis to help ensure an orderly transition following the Spin-Off. Effective upon the migration of the Company’s financial systems from the New Hertz system to a stand-alone system in July 2018, the Company receives no further services from New Hertz under the TSA. During the year ended December 31, 2018 and 2017, the Company incurred expenses of $6.3 million and $18.4 million , respectively, under the TSA which are included in "Direct operating" and "Selling, general and administrative" expenses in the Company's condensed consolidated statements of operations. Tax Matters Agreement The Company entered into a tax matters agreement with New Hertz that governs the parties' rights, responsibilities and obligations after the Spin-Off with respect to tax liabilities and benefits, tax attributes, tax contests and other tax matters regarding income taxes, other taxes and related tax returns. Employee Matters Agreement The Company and New Hertz entered into an employee matters agreement to allocate liabilities and responsibilities relating to employment matters, employee compensation, benefit plans and programs and other related matters for current and former employees of the vehicle rental business and the equipment rental business. Intellectual Property Agreement The Company and New Hertz entered into an intellectual property agreement (the “Intellectual Property Agreement”) that provides for ownership, licensing and other arrangements regarding the trademarks and related intellectual property that New Hertz and the Company use in conducting their businesses. The Intellectual Property Agreement allocates ownership between New Hertz and the Company of all trademarks, domain names and certain copyrights that Hertz Holdings or its subsidiaries owned immediately prior to the Spin-Off.

Arrangements With New Hertz

Arrangements With New Hertz	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Arrangements With New Hertz	Related Party Transactions Agreements with Carl C. Icahn The Company is subject to the Nomination and Standstill Agreement, dated September 15, 2014 (the "Nomination and Standstill Agreement"), with Carl C. Icahn and certain related entities and individuals. In connection with their appointments or nomination, as applicable, to the Company’s board of directors (the "Board"), each of Jonathan Frates, Louis J. Pastor and Nicholas F. Graziano (collectively, the "Icahn Designees," and, together with Carl C. Icahn and the other parties to the Nomination and Standstill Agreements the "Icahn Group") executed a Joinder Agreement agreeing to become bound as a party to the terms and conditions of the Nomination and Standstill Agreement (such Joinder Agreements, together with the Nomination and Standstill Agreement, are collectively referred to herein as the "Icahn Agreements"). Pursuant to the Icahn Agreements, the Icahn Designees were appointed to the Company’s Board. So long as an Icahn Designee is a member of the Board, the Board will not be expanded beyond its current size without approval from the Icahn Designees then on the Board. In addition, pursuant to the Icahn Agreements, subject to certain restrictions and requirements, the Icahn Group will have certain replacement rights in the event an Icahn Designee resigns or is otherwise unable to serve as a director (other than as a result of not being nominated by the Company for an annual meeting). In addition, until the date that no Icahn Designee is a member of the Board (or otherwise deemed to be on the Board pursuant to the terms of the Icahn Agreements) the Icahn Group agrees to vote all of its shares of the Company’s common stock in favor of the election of all of the Company’s director nominees at each annual or special meeting of the Company’s stockholders, and, subject to limited exceptions, the Icahn Group further agrees to (i) adhere to certain standstill obligations, including the obligation to not solicit proxies or consents or influence others with respect to the same, and (ii) not acquire or otherwise beneficially own more than 20% of the Company’s outstanding voting securities. Pursuant to the Icahn Agreements, the Company will not create a separate executive committee of the Board so as long as an Icahn Designee is a member of the Board. Under the Icahn Agreements, if the Icahn Group ceases to hold a “net long position,” as defined in the Nomination and Standstill Agreement, in at least 1,900,000 shares of the Company’s common stock, the Icahn Group will cause one Icahn Designee to resign from the Board; if the Icahn Group’s holdings are further reduced to specified levels, additional Icahn Designees are required to resign. In addition, pursuant to the Icahn Agreements, the Company entered into a registration rights agreement, effective June 30, 2016 (the "Registration Rights Agreement"), with certain entities related to Carl C. Icahn on behalf of any person who is a member of the "Icahn group" (as such term is defined therein) who owns applicable securities at the relevant time and is or has become a party to the Registration Rights Agreement. The Registration Rights Agreement provides for customary demand and piggyback registration rights and obligations. Arrangements with New Hertz In connection with the Spin-Off, the Company entered into a separation and distribution agreement (the "Separation Agreement") with New Hertz. In connection therewith, the Company also entered into various other ancillary agreements with New Hertz to effect the Spin-Off and provide a framework for its relationship with New Hertz. The following summarizes some of the most significant agreements and relationships that Herc Holdings continues to have with New Hertz. Separation and Distribution Agreement The Separation Agreement sets forth the Company's agreements with New Hertz regarding the principal actions taken in connection with the Spin-Off. It also sets forth other agreements that govern aspects of the Company's relationship with New Hertz following the Spin-Off including (i) the manner in which legal matters and claims are allocated and certain liabilities are shared between the Company and New Hertz; (ii) other matters including transfers of assets and liabilities, treatment or termination of intercompany arrangements and releases of certain claims between the parties and their affiliates; (iii) mutual indemnification clauses; and (iv) allocation of Spin-Off expenses between the parties. Transition Services Agreement The Company entered into a transition services agreement ("TSA"), pursuant to which New Hertz or its affiliates provided, during the year ended December 31, 2018 , specified services, primarily consisting of IT support, to the Company on a transitional basis to help ensure an orderly transition following the Spin-Off. Effective upon the migration of the Company’s financial systems from the New Hertz system to a stand-alone system in July 2018, the Company receives no further services from New Hertz under the TSA. During the year ended December 31, 2018 and 2017, the Company incurred expenses of $6.3 million and $18.4 million , respectively, under the TSA which are included in "Direct operating" and "Selling, general and administrative" expenses in the Company's condensed consolidated statements of operations. Tax Matters Agreement The Company entered into a tax matters agreement with New Hertz that governs the parties' rights, responsibilities and obligations after the Spin-Off with respect to tax liabilities and benefits, tax attributes, tax contests and other tax matters regarding income taxes, other taxes and related tax returns. Employee Matters Agreement The Company and New Hertz entered into an employee matters agreement to allocate liabilities and responsibilities relating to employment matters, employee compensation, benefit plans and programs and other related matters for current and former employees of the vehicle rental business and the equipment rental business. Intellectual Property Agreement The Company and New Hertz entered into an intellectual property agreement (the “Intellectual Property Agreement”) that provides for ownership, licensing and other arrangements regarding the trademarks and related intellectual property that New Hertz and the Company use in conducting their businesses. The Intellectual Property Agreement allocates ownership between New Hertz and the Company of all trademarks, domain names and certain copyrights that Hertz Holdings or its subsidiaries owned immediately prior to the Spin-Off.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Information		Segment Information The Company consists of a single reportable segment, worldwide equipment rental. The Company considered guidance in ASC Topic 280, Segment Reporting, and used the management approach in determining its reportable segments. We generate substantially all of our equipment rental revenue in North America. For each of the last three fiscal years, revenues from our external customers attributed to the U.S. and all foreign countries (primarily Canada) in total are set forth below: Years Ended December 31, 2019 2018 2017 United States $ 1,796.6 $ 1,757.8 $ 1,548.1 International 202.4 218.9 206.4 Total revenue $ 1,999.0 $ 1,976.7 $ 1,754.5 Geographic information for long-lived assets, which consist primarily of rental equipment and property and equipment, was as follows (in millions): December 31, 2019 December 31, 2018 Total assets at end of year United States $ 3,360.4 $ 3,182.7 International 456.6 427.5 Total $ 3,817.0 $ 3,610.2 Rental equipment, net, at end of year United States $ 2,254.2 $ 2,248.3 International 235.8 256.4 Total $ 2,490.0 $ 2,504.7 Property and equipment, net, at end of year United States $ 291.5 $ 256.3 International 20.3 26.2 Total $ 311.8 $ 282.5
Long-lived Assets by Geographic Areas [Table Text Block]	For each of the last three fiscal years, revenues from our external customers attributed to the U.S. and all foreign countries (primarily Canada) in total are set forth below: Years Ended December 31, 2019 2018 2017 United States $ 1,796.6 $ 1,757.8 $ 1,548.1 International 202.4 218.9 206.4 Total revenue $ 1,999.0 $ 1,976.7 $ 1,754.5	Geographic information for long-lived assets, which consist primarily of rental equipment and property and equipment, was as follows (in millions): December 31, 2019 December 31, 2018 Total assets at end of year United States $ 3,360.4 $ 3,182.7 International 456.6 427.5 Total $ 3,817.0 $ 3,610.2 Rental equipment, net, at end of year United States $ 2,254.2 $ 2,248.3 International 235.8 256.4 Total $ 2,490.0 $ 2,504.7 Property and equipment, net, at end of year United States $ 291.5 $ 256.3 International 20.3 26.2 Total $ 311.8 $ 282.5

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	Quarterly Financial Information (Unaudited) Provided below is a summary of the quarterly operating results during 2019 and 2018 . Amounts are computed independently each quarter. As a result, the sum of the quarter's amounts may not equal the total amount for the respective year. First Quarter Second Quarter Third Quarter Fourth Quarter (In millions, except per share data) 2019 2019 2019 2019 Revenues $ 475.7 $ 475.1 $ 508.1 $ 540.1 Income (loss) before income taxes (9.8 ) 15.0 5.2 53.2 Net income (loss) (a) (6.7 ) 9.7 9.4 35.1 Earnings (loss) per share: Basic $ (0.23 ) $ 0.34 $ 0.33 $ 1.22 Diluted $ (0.23 ) $ 0.33 $ 0.32 $ 1.20 First Quarter Second Quarter Third Quarter Fourth Quarter (In millions, except per share data) 2018 2018 2018 2018 Revenues $ 431.3 $ 485.5 $ 516.2 $ 543.7 Income (loss) before income taxes (15.2 ) 0.5 45.2 38.3 Net income (loss) (b) (10.1 ) (0.3 ) 46.2 33.3 Earnings (loss) per share: Basic $ (0.36 ) $ (0.01 ) $ 1.62 $ 1.17 Diluted $ (0.36 ) $ (0.01 ) $ 1.60 $ 1.16 (a) Net income for the second quarter includes a restructuring charge of $7.7 million , the third quarter includes a loss on the early extinguishment of debt of $53.6 million as discussed in Note 10 , " Debt " and the fourth quarter includes an impairment of $4.0 million related to certain assets held for sale . (b) Net income for the third quarter, fourth quarter and full year 2018 includes a net benefit of $14.8 million , $6.0 million and $20.8 million , respectively, associated with the finalization of the impacts of the 2017 Tax Act discussed further in Note 14 , " Income Taxes ." The third quarter includes the early redemption of $123.5 million of Notes, resulting in a loss on the early extinguishment of debt of $5.4 million as discussed in Note 10 , " Debt " .

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS HERC HOLDINGS INC. AND SUBSIDIARIES (In millions) Beginning Balance Provisions Translation Adjustments Deductions Ending Balance Receivables allowances: Year to date December 31, 2019 $ 21.5 $ 48.2 $ 0.1 $ (51.0 ) $ 18.8 Year to date December 31, 2018 26.9 57.8 (0.2 ) (63.0 ) 21.5 Year to date December 31, 2017 24.9 52.4 0.3 (50.7 ) 26.9 Tax valuation allowances: Year to date December 31, 2019 $ 5.8 $ 4.4 $ — $ (1.2 ) $ 9.0 Year to date December 31, 2018 7.6 0.3 (0.3 ) (1.8 ) 5.8 Year to date December 31, 2017 4.5 2.8 0.3 — 7.6

Basis of Presentation and Rec_2

Basis of Presentation and Recently Issued Accounting Pronouncements (Policies)	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and footnotes. Actual results could differ materially from those estimates. Significant estimates inherent in the preparation of the consolidated financial statements include receivables allowances, depreciation of rental equipment, the recoverability of long-lived assets, useful lives and impairment of long-lived tangible and intangible assets including goodwill and trade name, pension and postretirement benefits, valuation of stock-based compensation, reserves for litigation and other contingencies and accounting for income taxes.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Herc Holdings and its wholly owned subsidiaries. In the event that the Company is a primary beneficiary of a variable interest entity, the assets, liabilities and results of operations of the variable interest entity are included in the Company's consolidated financial statements. All significant intercompany transactions have been eliminated in consolidation.
Reclassification of Prior Period Presentation	Reclassifications Certain amounts in prior years have been reclassified to conform with the presentation in the current year.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash on hand and highly liquid investments with an original maturity of three months or less.
Concentration of Credit Risk	Concentration of Credit Risk The Company's cash and cash equivalents are held in checking accounts, various investment grade institutional money market accounts or bank term deposits. Deposits held at banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions with reputable credit and therefore bear minimal credit risk. The Company seeks to mitigate such risks by spreading the risk across multiple counterparties and monitoring the risk profiles of these counterparties. In addition, the Company has credit risk from financial instruments used in hedging activities. The Company limits its exposure relating to financial instruments by diversifying the financial instruments among various counterparties, which consist of major financial institutions. No single customer accounted for more than 3% of the Company’s equipment rental revenue during the years ended December 31, 2019 , 2018 and 2017 . As of December 31, 2019 and 2018 , no single customer accounted for more than 5% of accounts receivable.
Receivables	Receivables Receivables are stated net of allowances and represent credit extended to customers and manufacturers that satisfy defined credit criteria. The estimate of the allowance for doubtful accounts is based on the Company's historical experience and its judgment as to the likelihood of ultimate collection. Actual receivables are written-off against the allowance for doubtful accounts when the Company determines the balance will not be collected. Estimates for future credit memos are based on historical experience and are reflected as reductions to revenue, while the provision for bad debt is reflected as a component of "Selling, general and administrative expenses" in the Company's consolidated statements of operations.
Rental Equipment	Rental Equipment Rental equipment is stated at cost, net of related discounts, with holding periods ranging from one year to 15 years. Generally, when rental equipment is acquired, the Company estimates the period that it will hold the asset, primarily based on historical measures of the amount of rental activity (e.g. equipment usage) and the targeted age of equipment at the time of disposal. The Company also estimates the residual value of the applicable rental equipment at the expected time of disposal. The residual value for rental equipment is affected by factors which include equipment age and amount of usage. Depreciation is recorded over the estimated holding period. Depreciation rates are reviewed on a quarterly basis based on management's ongoing assessment of present and estimated future market conditions, their effect on residual values at the time of disposal and the estimated holding periods. Market conditions for used equipment sales can also be affected by external factors such as the economy, natural disasters, fuel prices, supply of similar used equipment, the market price for similar new equipment and incentives offered by manufacturers of new equipment. These key factors are considered when estimating future residual values and assessing depreciation rates. As a result of this ongoing assessment, the Company makes periodic adjustments to depreciation rates of rental equipment in response to changed market conditions.
Property and Equipment	Property and Equipment Property and equipment are stated at cost and are depreciated utilizing the straight-line method over the estimated useful lives of the related assets. Leasehold improvements are amortized over the estimated useful lives of the related assets or leases, whichever is shorter. Useful lives are as follows: Buildings 8 to 33 years Service vehicles 3 to 15 years Machinery and equipment 1 to 15 years Computer equipment 3 to 5 years Furniture and fixtures 2 to 10 years Leasehold improvements The lesser of the asset life or expected lease term including lease extension options. The Company follows the practice of charging routine maintenance and repairs, including the cost of minor replacements, to maintenance expense. Costs of major replacements are capitalized and depreciated.
Leases	Leases Leases are classified as either finance or operating at inception of the lease, with classification affecting the pattern of expense recognition in the income statement. Operating leases result in the recognition of right-of-use ("ROU") assets and lease liabilities on the balance sheet. ROU assets represent the Company's right to use the leased asset for the lease term and lease liabilities represent the obligation to make lease payments. The liability is calculated as the present value of the remaining minimum lease payments for existing operating leases using either the rate implicit in the lease or, if none exists, the Company's incremental borrowing rate. The Company's capital leases are accounted for as finance leases; no significant changes have been made for the accounting of such leases upon the adoption of ASC Topic 842, Leases , ("Topic 842") on January 1, 2019. In certain instances, the Company may sell property and enter into an arrangement to lease the property back from the landlord. In these instances, the Company performs a sale-leaseback analysis to determine if the assets can be removed from the balance sheet. If certain criteria are met, the Company recognizes the transaction as a sale, removes the assets from its balance sheet and reflects the future lease payments as rent expense. If the criteria for sale is not met, such as available repurchase options or continuing involvement with the property, the Company is considered the owner for accounting purposes. In these instances, the Company is precluded from derecognizing the assets from its balance sheet and will continue to depreciate the assets over the expected lease term. In conjunction with these arrangements, the Company records a financing obligation equal to the cash proceeds or fair market value of the assets received from the landlord. Lease payments for these properties are recognized as interest expense and a reduction of the financing obligation using the effective interest method. At the end of the lease term, including exercise of any renewal options, the net remaining financing obligation over the net carrying value of the fixed asset will be recognized as a non-cash gain on sale of the property.
Public Liability and Property Damage	Public Liability and Property Damage The obligation for public liability and property damage on self-insured U.S. and international equipment represents an estimate for both reported accident claims not yet paid, and claims incurred but not yet reported. The related liabilities are recorded on a non-discounted basis. Reserve requirements are based on actuarial evaluations of historical accident claim experience and trends, as well as future projections of ultimate losses, expenses, premiums and administrative costs. The adequacy of the liability is regularly monitored based on evolving accident claim history and insurance-related state legislation changes. If the Company's estimates change or if actual results differ from these assumptions, the amount of the recorded liability is adjusted to reflect these results.
Defined Benefit Pension Plans and Other Employee Benefits	Defined Benefit Pension Plans and Other Employee Benefits The Company's employee pension costs and obligations are developed from actuarial valuations. Inherent in these valuations are key assumptions, including discount rates, salary growth, long-term return on plan assets, retirement rates, mortality rates and other factors. The selection of assumptions is based on historical trends and known economic and market conditions at the time of valuation, as well as independent studies of trends performed by actuaries. However, actual results may differ substantially from the estimates that were based on the critical assumptions. The Company uses a December 31 measurement date for all of the plans. Actual results that differ from the Company's assumptions are accumulated and amortized over future periods and, therefore, generally affect its recognized expense in such future periods. While management believes that the assumptions used are appropriate, significant differences in actual experience or significant changes in assumptions would affect the Company's pension costs and obligations. The Company maintains reserves for employee medical claims, up to its insurance stop-loss limit, and workers' compensation claims. These are regularly evaluated and revised, as needed, based on a variety of information, including historical experience, actuarial estimates and current employee statistics.
Foreign Currency Translation and Transactions	Foreign Currency Translation and Transactions Assets and liabilities of international subsidiaries whose functional currency is the local currency are translated at the rate of exchange in effect on the balance sheet date; income and expenses are translated at the average exchange rates throughout the year. The related translation adjustments are reflected in “Accumulated other comprehensive income (loss)” in the equity section of the Company's consolidated balance sheets. Foreign currency gains and losses resulting from transactions are included in earnings.
Financial Instruments	Financial Instruments The Company is exposed to a variety of market risks, including the effects of changes in interest rates and foreign currency exchange rates. The Company manages exposure to these market risks through ongoing processes to monitor the impact of market changes and, when deemed appropriate, through the use of financial instruments. Financial instruments are viewed as risk management tools and have not been used for speculative or trading purposes. The Company accounts for all derivatives in accordance with U.S. GAAP, which requires that they be recorded on the balance sheet as either assets or liabilities measured at their fair value. For financial instruments that are designated and qualify as hedging instruments, the Company designates the hedging instrument, based upon the exposure being hedged, as either a fair value hedge or a cash flow hedge. The effective portion of changes in fair value of financial instruments designated as cash flow hedging instruments is recorded as a component of other comprehensive income (loss). Amounts included in accumulated other comprehensive income (loss) for cash flow hedges are reclassified into earnings in the same period that the hedged item is recognized in earnings. The ineffective portion of changes in the fair value of financial instruments designated as cash flow hedges is recognized currently in earnings within the same line item as the hedged item, based upon the nature of the hedged item. For financial instruments that are not part of a qualified hedging relationship, the changes in their fair value are recognized currently in earnings.
Goodwill and Indefinite-Lived Intangible Assets	Goodwill and Indefinite-Lived Intangible Assets On an annual basis and at interim periods when circumstances require, the Company tests the recoverability of its goodwill. The analysis is conducted as of October 1 each year. The Company has one reporting unit and compares the carrying value of its reporting unit to its fair value. If the carrying value of the reporting unit is greater than its fair value, the Company recognizes an impairment charge for the amount equal to that excess. The Company may 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 quantitative goodwill impairment test. If a quantitative impairment test is performed, the fair value of the reporting unit is estimated using a combination of an income approach on the present value of estimated future cash flows and a market approach based on published earnings multiples of comparable entities with similar operations and economic characteristics as well as acquisition multiples paid in recent transactions. The Company’s discounted cash flows are based upon reasonable and appropriate assumptions, which are weighted for their likely probability of occurrence, about the underlying business activities of the Company. Indefinite-lived intangible assets, primarily our trade name, are not amortized but are evaluated annually for impairment and whenever events or changes in circumstances indicate that the carrying amount of this asset may exceed its fair value. If the carrying value of an indefinite-lived intangible asset exceeds its fair value, an impairment charge is recognized in an amount equal to that excess.
Finite-Lived Intangible and Long-Lived Assets	Finite-Lived Intangible and Long-Lived Assets Intangible assets include customer relationships and technology. Intangible assets with finite lives are amortized using the straight-line method over the estimated economic lives of the assets, which range from three years to 10 years. Long-lived assets, including intangible assets with finite lives, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets that management expects to hold and use is based on the estimated fair value of the asset. Long-lived assets, or disposal groups comprising assets and liabilities, that are expected to be recovered primarily through sale rather than through continuing use are classified as assets held for sale. Upon designation as an asset held for sale, the carrying value of each long-lived asset or disposal group is recorded at the lower of its carrying value or its estimated fair value, less estimated costs to sell, and depreciation expense is no longer recorded.
Revenue Recognition	Revenue Recognition The Company is principally engaged in the business of renting equipment. Ancillary to the Company’s principal equipment rental business, the Company also sells used rental equipment, new equipment and parts and supplies and offers certain services to support its customers. The Company’s rental transactions are principally accounted for under Topic 842. Prior to the adoption of Topic 842 on January 1, 2019, the Company accounted for these transactions under ASC Topic 840, Leases , ("Topic 840"). Equipment rental revenue includes revenue generated from renting equipment to customers, including re-rent revenue, and is recognized on a straight-line basis over the length of the rental contract. Other equipment rental revenues include fees for the Company's rental protection program and environmental charges and are recognized on a straight-line basis over the length of the rental contract The Company’s sale of rental and new equipment, parts and supplies along with certain services provided to customers are recognized under ASC Topic 606, Revenue from Contracts with Customers, ("Topic 606") which was adopted on January 1, 2018. Prior to adoption of Topic 606, the Company recognized these transactions under ASC Topic 605, Revenue Recognition, ("Topic 605"). The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. The amount of revenue recognized reflects the consideration the Company expects to be entitled to in exchange for such products or services.
Advertising	Advertising Advertising and sales promotion costs are expensed the first time the advertising or sales promotion takes place. Advertising costs are reflected as a component of "Selling, general and administrative" expense in the Company's consolidated statements of operations. For the years ended December 31, 2019, 2018 and 2017, advertising costs were $2.7 million , $1.0 million and $2.7 million , respectively.
Stock Based Compensation	Stock Based Compensation Under the Company's stock based compensation plans, certain employees and members of the Company's board of directors have received grants of restricted stock units, performance stock units and stock options for Herc Holdings common stock. The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. That cost is recognized over the period during which the employee is required to provide service in exchange for the award. The Company estimates the fair value of stock options issued at the date of grant using a Black-Scholes option-pricing model, which includes assumptions related to volatility, expected term, dividend yield and risk-free interest rate. The Company accounts for restricted stock unit and performance stock unit awards as equity classified awards. For restricted stock units, the expense is based on the grant date fair value of the stock and the number of shares that vest, recognized over the service period. For performance stock units, the expense is based on the grant date fair value of the stock, recognized over a service period depending upon the applicable performance condition. For performance stock units, the Company re-assesses the probability of achieving the applicable performance condition each reporting period and adjusts the recognition of expense accordingly.
Income Taxes	Income Taxes The Company applies the provisions of ASC Topic 740, Income Taxes ("Topic 740"), and computes the provision for income taxes on a Separate Return Basis. Under Topic 740, deferred tax assets and liabilities are determined based on differences between the financial statement carrying amounts and tax bases of assets and liabilities and are measured using the enacted tax rates that are expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates is recognized in the statement of operations in the period that includes the enactment date. The Company records valuation allowances to reduce its deferred tax assets by the amount that is more likely than not to be realized. Subsequent changes to enacted tax rates and changes in the interpretations thereof will result in deferred taxes and changes to any related valuation allowances. Provisions are not made for income taxes on undistributed earnings of international subsidiaries that are intended to be indefinitely reinvested outside of the United States or are expected to be remitted free of taxes. Future distributions, if any, from these international subsidiaries to the United States or changes in U.S. tax rules may require a charge to reflect tax on these amounts. In accordance with Topic 740, the Company recognizes, in its consolidated financial statements, the impact of the Company's tax positions that are more likely than not to be sustained upon examination. The Company will 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, the Company presumes that the position will be examined by the appropriate taxing authority with full knowledge of all relevant information. Upon determination that a tax position meets the more-likely-than-not recognition threshold, it is measured to determine the amount of benefit to recognize in the financial statements. The Company recognizes interest and penalties for uncertain tax positions in income tax expense. The Tax Cuts and Jobs Act of 2017 (the "2017 Tax Act"), had a substantial impact on the income tax benefit for the years ended December 31, 2018 and 2017. See Note 14 , " Income Taxes " for further detail.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Adopted Leases In February 2016, the Financial Accounting Standards Board ("FASB") issued new leasing guidance ("Topic 842") that replaced the existing lease guidance ("Topic 840"). Topic 842 established a right-of-use ("ROU") model that requires a lessee to record a ROU asset and lease liability on the balance sheet for all leases with terms longer than 12 months. Leases are classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. This guidance also expanded the requirements for lessees to record leases embedded in other arrangements and the required quantitative and qualitative disclosures surrounding leases. Accounting guidance for lessors is largely unchanged. The Company adopted Topic 842 on its effective date of January 1, 2019 using a modified retrospective transition approach; as such, Topic 842 was not applied to periods prior and the adoption had no impact on the Company's previously reported results. The Company recognized operating lease liabilities of $165.3 million upon adoption, with corresponding ROU assets on its balance sheet. This guidance did not have a material impact on its results of operations and cash flows. The Company took advantage of the transition package of practical expedients permitted within Topic 842 which allowed the Company not to reassess (i) whether any expired or existing lease contracts are or contain leases, (ii) the historical lease classification for any expired or existing leases and (iii) initial direct costs for any existing leases. The Company has elected not to combine lease and non-lease components for its real estate leases and allocates the consideration in the contract based on relative stand-alone prices of each component. Additionally, as discussed in Note 3 , " Revenue Recognition ," most of the Company's equipment rental revenues were accounted for under Topic 840 until the adoption of Topic 842. The Company recognized a cumulative-effect adjustment to the opening balance of retained earnings related to these items of $7.6 million . The adoption of Topic 842 does not have a significant impact on future revenues. The Company also elected the practical expedient that allows lessors to treat the lease and non-lease components as a single lease component where the non-lease component would otherwise be accounted for under Accounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers (“Topic 606”), as timing and pattern of transfer for the lease component and non-lease components associated with that lease component are the same. Not Yet Adopted Compensation - Retirement Benefits In August 2018, the FASB issued guidance that adds, removes, and modifies disclosure requirements related to defined benefit pension and other postretirement plans in order to improve the disclosure effectiveness. The guidance is effective for fiscal years beginning after December 15, 2020 and should be applied on a retrospective basis to all periods presented, with early adoption permitted. The Company expects to adopt the new and modified disclosures requirements of this new guidance on its effective date. Fair Value Measurement In August 2018, the FASB issued new guidance that modifies disclosure requirements on fair value measurements, removing and modifying certain disclosures, while adding other disclosures. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. The Company expects to adopt the new guidance on its effective date and adoption is not expected to have a material impact on the Company's financial statement disclosures. 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 guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 with early adoption permitted. Different components of the guidance require modified retrospective or prospective adoption. This guidance does not apply to receivables arising from operating leases and, as discussed in Note 3 , " Revenue Recognition ," most of the Company's equipment rental revenue is accounted for as lease revenue under Topic 842. The Company expects to adopt this guidance when effective, and the impact on our financial statements is not expected to be material. Simplifying the Accounting for Income Taxes In December 2019, the FASB issued guidance that will simplify the accounting for income taxes. The guidance removes the following exceptions: (i) exceptions to the approach for intraperiod tax allocation when there is a loss from continuing operations and income or a gain from other items, (ii) exception to the requirement to recognize a deferred tax liability for equity method investments when a foreign subsidiary becomes an equity method investment, (iii) exception to the ability not to recognize a deferred tax liability for a foreign subsidiary when a foreign equity method investment becomes a subsidiary and (iv) exception to the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. Additionally, the guidance simplifies the accounting for income taxes by: (i) requiring that an entity recognize a franchise tax (or similar tax) that is partially based on income as an income-based tax and account for any incremental amount incurred as a non-income-based tax, (ii) requiring that an entity evaluate when a step up in the tax basis of goodwill should be considered part of the business combination in which the book goodwill was originally recognized and when it should be considered a separate transaction, (iii) specifying that an entity is not required to allocate the consolidated amount of current and deferred tax expense to a legal entity that is not subject to tax in its separate financial statements (although the entity may elect to do so (on an entity-by-entity basis) for a legal entity that is both not subject to tax and disregarded by the taxing authority), (iv) requiring that an entity reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date and (v) making minor improvements for income tax accounting related to employee stock ownership plans and investments in qualified affordable housing projects accounted for using the equity method. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company expects to early adopt this guidance on January 1, 2020 and does not expect a material impact on its financial position, results of operations or cash flows.

Basis of Presentation and Rec_3

Basis of Presentation and Recently Issued Accounting Pronouncements (Tables)	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]	Reserves for Claims The Company is exposed to various claims relating to our business, including those for which we provide self-insurance. Claims for which we self-insure include: (i) workers compensation claims; (ii) general liability claims by third parties for injury or property damage caused by our equipment or personnel; (iii) automobile liability claims; and (iv) employee health insurance claims. These types of claims may take a substantial amount of time to resolve and, accordingly, the ultimate liability associated with a particular claim, including claims incurred but not reported as of a period-end reporting date, may not be known for an extended period of time. The Company's methodology for developing self-insurance reserves is based on management estimates and independent third party actuarial estimates. The estimation process considers, among other matters, the cost of known claims over time, cost inflation and incurred but not reported claims. These estimates may change based on, among other things, changes in the Company's claim history or receipt of additional information relevant to assessing the claims and the amount of the recorded liability is adjusted to reflect these changes. The long-term portion of our self-insurance reserves is included in "Other long-term liabilities" in the consolidated balance sheet.
Schedule of Useful Lives	Useful lives are as follows: Buildings 8 to 33 years Service vehicles 3 to 15 years Machinery and equipment 1 to 15 years Computer equipment 3 to 5 years Furniture and fixtures 2 to 10 years Leasehold improvements The lesser of the asset life or expected lease term including lease extension options. Property and equipment consists of the following (in millions): December 31, 2019 December 31, 2018 Land and buildings $ 116.1 $ 120.2 Service vehicles 305.3 258.6 Leasehold improvements 94.3 89.1 Machinery and equipment 23.3 27.3 Computer equipment and software 64.9 64.8 Furniture and fixtures 15.1 14.6 Construction in progress 9.4 6.2 Property and equipment, gross 628.4 580.8 Less: accumulated depreciation (316.6 ) (298.3 ) Property and equipment, net $ 311.8 $ 282.5

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	The following table summarizes the applicable accounting guidance for the Company’s revenues (in millions): Year Ended December 31, 2019 2018 2017 Topic 842 Topic 606 Total Topic 840 Topic 606 Total Topic 840 Topic 605 Total Revenues: Equipment rental $ 1,549.9 $ — $ 1,549.9 $ 1,509.7 $ — $ 1,509.7 $ 1,372.3 $ — $ 1,372.3 Other rental revenue: Delivery and pick-up — 98.0 98.0 — 88.4 88.4 — 75.2 75.2 Other 53.9 — 53.9 60.2 — 60.2 51.5 — 51.5 Total other rental revenues 53.9 98.0 151.9 60.2 88.4 148.6 51.5 75.2 126.7 Total equipment rentals 1,603.8 98.0 1,701.8 1,569.9 88.4 1,658.3 1,423.8 75.2 1,499.0 Sales of rental equipment — 242.8 242.8 — 256.2 256.2 — 190.8 190.8 Sales of new equipment, parts and supplies — 44.0 44.0 — 49.3 49.3 — 52.3 52.3 Service and other revenues — 10.4 10.4 — 12.9 12.9 — 12.4 12.4 Total revenues $ 1,603.8 $ 395.2 $ 1,999.0 $ 1,569.9 $ 406.8 $ 1,976.7 $ 1,423.8 $ 330.7 $ 1,754.5
Disaggregation of Revenue [Table Text Block]	The Company sells its used rental equipment, new equipment, parts and supplies. Revenues recorded for each category are as follows (in millions): Year Ended December 31, 2019 2018 2017 Sales of rental equipment $ 242.8 $ 256.2 $ 190.8 Sales of new equipment 21.0 21.3 26.9 Sales of parts and supplies 23.0 28.0 25.4 Total $ 286.8 $ 305.5 $ 243.1

Revenue Earning Equipment (Tabl

Revenue Earning Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property Subject to or Available for Operating Lease, Net [Abstract]
Components of Revenue Earning Equipment	Rental equipment consists of the following (in millions): December 31, 2019 December 31, 2018 Rental equipment $ 3,821.6 $ 3,840.7 Less: Accumulated depreciation (1,331.6 ) (1,336.0 ) Rental equipment, net $ 2,490.0 $ 2,504.7

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment	Useful lives are as follows: Buildings 8 to 33 years Service vehicles 3 to 15 years Machinery and equipment 1 to 15 years Computer equipment 3 to 5 years Furniture and fixtures 2 to 10 years Leasehold improvements The lesser of the asset life or expected lease term including lease extension options. Property and equipment consists of the following (in millions): December 31, 2019 December 31, 2018 Land and buildings $ 116.1 $ 120.2 Service vehicles 305.3 258.6 Leasehold improvements 94.3 89.1 Machinery and equipment 23.3 27.3 Computer equipment and software 64.9 64.8 Furniture and fixtures 15.1 14.6 Construction in progress 9.4 6.2 Property and equipment, gross 628.4 580.8 Less: accumulated depreciation (316.6 ) (298.3 ) Property and equipment, net $ 311.8 $ 282.5
Schedule of Property and Equipment and Related Amortization Recorded Under Capital Leases	The Company has entered into financing obligations to lease certain of its properties as discussed further in Note 11 , " Financing Obligations ." Depreciation of assets held under financing obligations is included in depreciation expense. The gross amounts of land, building and leasehold improvements and related depreciation recorded under financing obligations, included in the table above, were as follows (in millions): December 31, 2019 December 31, 2018 Land, building and leasehold improvements $ 77.4 $ 76.6 Less: accumulated depreciation (36.1 ) (32.7 ) $ 41.3 $ 43.9 The Company leases certain of its service vehicles and office equipment under finance leases. Depreciation of assets held under finance leases is included in depreciation expense. The gross amounts of property and equipment and related depreciation recorded under finance leases, included in the table above, were as follows (in millions): December 31, 2019 December 31, 2018 Service vehicles $ 101.8 $ 87.7 Furniture and fixtures 1.0 — 102.8 87.7 Less: accumulated depreciation (46.2 ) (50.3 ) $ 56.6 $ 37.4

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill Rollforward	The following summarizes the Company's goodwill (in millions): Year Ended December 31, 2019 2018 Balance at the beginning of the period: Goodwill $ 765.9 $ 765.9 Accumulated impairment losses (674.9 ) (674.9 ) 91.0 91.0 Additions 2.6 — Balance at the end of the period: Goodwill 768.5 765.9 Accumulated impairment losses (674.9 ) (674.9 ) $ 93.6 $ 91.0
Intangible Assets, Net (Finite Lived)	ntangible assets, net, consisted of the following major classes (in millions): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Value Finite-lived intangible assets: Customer-related $ 11.4 $ (8.9 ) $ 2.5 Internally developed software (a) 34.9 (16.4 ) 18.5 Total 46.3 (25.3 ) 21.0 Indefinite-lived intangible assets: Trade name 270.5 — 270.5 Total intangible assets, net $ 316.8 $ (25.3 ) $ 291.5 (a) Includes capitalized costs of $1.4 million yet to be placed into service. December 31, 2018 Gross Carrying Accumulated Net Carrying Value Finite-lived intangible assets: Customer-related $ 11.4 $ (7.8 ) $ 3.6 Internally developed software (a) 30.4 (10.5 ) 19.9 Total 41.8 (18.3 ) 23.5 Indefinite-lived intangible assets: Trade name 270.0 — 270.0 Total intangible assets, net $ 311.8 $ (18.3 ) $ 293.5 (a) Includes capitalized costs of $0.9 million yet to be placed into service.
Intangible Assets, Net (Indefinite-Lived)	Intangible assets, net, consisted of the following major classes (in millions): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Value Finite-lived intangible assets: Customer-related $ 11.4 $ (8.9 ) $ 2.5 Internally developed software (a) 34.9 (16.4 ) 18.5 Total 46.3 (25.3 ) 21.0 Indefinite-lived intangible assets: Trade name 270.5 — 270.5 Total intangible assets, net $ 316.8 $ (25.3 ) $ 291.5 (a) Includes capitalized costs of $1.4 million yet to be placed into service. December 31, 2018 Gross Carrying Accumulated Net Carrying Value Finite-lived intangible assets: Customer-related $ 11.4 $ (7.8 ) $ 3.6 Internally developed software (a) 30.4 (10.5 ) 19.9 Total 41.8 (18.3 ) 23.5 Indefinite-lived intangible assets: Trade name 270.0 — 270.0 Total intangible assets, net $ 311.8 $ (18.3 ) $ 293.5 (a) Includes capitalized costs of $0.9 million yet to be placed into service.

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2019
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consists of the following (in millions): December 31, 2019 December 31, 2018 Accrued compensation and benefit costs $ 26.8 $ 32.1 Rebate accrual 33.6 30.3 Taxes payable 16.0 21.2 Accrued interest 32.2 7.2 Customer related deferrals 11.3 9.6 Insurance reserves 9.2 8.0 Other 6.6 13.9 Total accrued liabilities $ 135.7 $ 122.3

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of Debt	The Company's debt consists of the following (in millions): Weighted Average Effective Interest Rate at December 31, 2019 Weighted Average Stated Interest Rate at December 31, 2019 Fixed or Floating Interest Rate Maturity December 31, December 31, Senior Notes 2027 Notes 5.61% 5.50% Fixed 2027 $ 1,200.0 $ — Senior Secured Second Priority Notes 2022 Notes N/A N/A N/A N/A — 427.0 2024 Notes N/A N/A N/A N/A — 437.5 Other Debt New ABL Credit Facility N/A 3.22% Floating 2024 650.0 — Old ABL Credit Facility N/A N/A N/A N/A — 1,085.2 AR Facility N/A 2.48% Floating 2020 175.0 175.0 Finance lease liabilities 2.95% N/A Fixed 2020-2027 56.2 38.1 Other borrowings N/A 4.79% Floating 2020 5.2 4.6 Unamortized Debt Issuance Costs (a) (7.9 ) (10.6 ) Total debt 2,078.5 2,156.8 Less: Current maturities of long-term debt (27.0 ) (26.9 ) Long-term debt, net $ 2,051.5 $ 2,129.9 (a)
Nominal Principal Amounts of Maturities of Debt	The nominal principal amounts of maturities of debt for each of the periods ending December 31 are as follows (in millions): 2020 $ 27.0 2021 6.2 2022 6.1 2023 5.9 2024 830.6 After 2024 1,210.6 Total $ 2,086.4
Borrowing Capacity and Availability on Line of Credit	After outstanding borrowings, the following was available to the Company as of December 31, 2019 (in millions): Remaining Availability Under New ABL Credit Facility $ 1,079.4 $ 1,079.4 AR Facility — — Total $ 1,079.4 $ 1,079.4

Financing Obligations (Tables)

Financing Obligations (Tables)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Financial obligation	The Company's financing obligations consist of the following (in millions): Weighted Average Effective Interest Rate at December 31, 2019 Maturity December 31, 2019 December 31, 2018 Financing obligations 4.89% 2026-2038 $ 123.5 $ 122.1 Unamortized financing issuance costs (2.5 ) (2.8 ) Total financing obligations 121.0 119.3 Less: Current maturities of financing obligations (3.4 ) (3.0 ) Financing obligations, net $ 117.6 $ 116.3
Sale leaseback transactions	As of December 31, 2019 , future minimum financing payments for the agreements referred to above are as follows (in millions): 2020 $ 9.4 2021 9.4 2022 9.4 2023 9.4 2024 9.4 Thereafter 111.2 Total minimum financing obligations payments 158.2 Obligations subject to non-cash gain on future sale of property 34.4 Less amount representing interest (at a weighted-average interest rate of 4.89%) (69.1 ) Total financing obligations $ 123.5

Employee Retirement Benefits (T

Employee Retirement Benefits (Tables)	12 Months Ended
	Dec. 31, 2019
Retirement Benefits [Abstract]
Changes in Projected Benefit Obligation, Changes in Plan Assets and Funded Status of Plan	The following table provides a reconciliation of benefit obligations and plan assets of the Company’s pension plans and postretirement benefit plans (in millions): Pension Postretirement 2019 2018 2019 2018 Change in Projected Benefit Obligations Benefit obligations at beginning of year $ 148.5 $ 160.0 $ 1.0 $ 1.1 Interest cost 6.2 5.7 — — Plan settlements (6.3 ) (7.9 ) — — Benefits paid (0.4 ) (0.2 ) — — Adjustment (1) — 1.1 — — Actuarial (gain) loss 15.5 (10.2 ) — (0.1 ) Benefit obligations at end of year $ 163.5 $ 148.5 $ 1.0 $ 1.0 Change in Fair Value of Plan Assets Fair value of plan assets at beginning of year $ 123.6 $ 140.4 $ — $ — Actual return on plan assets 24.0 (10.2 ) — — Employer contribution 2.8 — — — Plan settlements (6.3 ) (7.9 ) — — Benefits paid (0.4 ) (0.2 ) — — Adjustment (1) — 1.5 — — Fair value of plan assets at end of year $ 143.7 $ 123.6 $ — $ — Funded Status $ (19.8 ) $ (24.9 ) $ (1.0 ) $ (1.0 ) Accumulated benefit obligations $ 163.5 $ 148.5 (1) In connection with the Spin-Off, assets were allocated between THC and the Company in proportion to the associated liability. The adjustment for 2018 represented the final allocation and settlement with the Hertz Plan.
Schedule of Amounts Recognized in Balance Sheet	Pension Postretirement 2019 2018 2019 2018 Amounts Recognized in Balance Sheet Accrued liabilities $ (0.1 ) $ (0.1 ) $ (0.1 ) $ (0.1 ) Other long-term liabilities (19.7 ) (24.8 ) (0.9 ) (0.9 ) Net amount recognized $ (19.8 ) $ (24.9 ) $ (1.0 ) $ (1.0 ) Amounts Recognized in Accumulated Other Comprehensive Loss Net actuarial gain (loss) $ (20.3 ) $ (25.6 ) $ 0.2 $ 0.2 Prior service credits 0.1 0.1 — — Net amount recognized $ (20.2 ) $ (25.5 ) $ 0.2 $ 0.2 Weighted‑Average Assumptions Used to Determine Projected Benefit Obligations Discount rate 3.2 % 4.3 % 3.2 % 4.2 % Average rate of increase in compensation — % — % — % — % Initial healthcare cost trend rate N/A N/A 5.8 % 6.1 % Ultimate healthcare cost trend rate N/A N/A 4.5 % 4.5 %
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)	Pension Postretirement 2019 2018 2019 2018 Amounts Recognized in Balance Sheet Accrued liabilities $ (0.1 ) $ (0.1 ) $ (0.1 ) $ (0.1 ) Other long-term liabilities (19.7 ) (24.8 ) (0.9 ) (0.9 ) Net amount recognized $ (19.8 ) $ (24.9 ) $ (1.0 ) $ (1.0 ) Amounts Recognized in Accumulated Other Comprehensive Loss Net actuarial gain (loss) $ (20.3 ) $ (25.6 ) $ 0.2 $ 0.2 Prior service credits 0.1 0.1 — — Net amount recognized $ (20.2 ) $ (25.5 ) $ 0.2 $ 0.2 Weighted‑Average Assumptions Used to Determine Projected Benefit Obligations Discount rate 3.2 % 4.3 % 3.2 % 4.2 % Average rate of increase in compensation — % — % — % — % Initial healthcare cost trend rate N/A N/A 5.8 % 6.1 % Ultimate healthcare cost trend rate N/A N/A 4.5 % 4.5 %
Schedule of Assumptions Used	Pension Postretirement 2019 2018 2019 2018 Amounts Recognized in Balance Sheet Accrued liabilities $ (0.1 ) $ (0.1 ) $ (0.1 ) $ (0.1 ) Other long-term liabilities (19.7 ) (24.8 ) (0.9 ) (0.9 ) Net amount recognized $ (19.8 ) $ (24.9 ) $ (1.0 ) $ (1.0 ) Amounts Recognized in Accumulated Other Comprehensive Loss Net actuarial gain (loss) $ (20.3 ) $ (25.6 ) $ 0.2 $ 0.2 Prior service credits 0.1 0.1 — — Net amount recognized $ (20.2 ) $ (25.5 ) $ 0.2 $ 0.2 Weighted‑Average Assumptions Used to Determine Projected Benefit Obligations Discount rate 3.2 % 4.3 % 3.2 % 4.2 % Average rate of increase in compensation — % — % — % — % Initial healthcare cost trend rate N/A N/A 5.8 % 6.1 % Ultimate healthcare cost trend rate N/A N/A 4.5 % 4.5 %
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets	The benefit obligations and fair value of plan assets for the Company’s qualified and non-qualified pension and postretirement plans with projected benefit obligations or accumulated benefit obligations in excess of plan assets are as follows (in millions): Pension Postretirement 2019 2018 2019 2018 Plans with Benefit Obligations in Excess of Plan Assets Projected benefit obligations $ 163.5 $ 148.5 $ 1.0 $ 1.0 Accumulated benefit obligations 163.5 148.5 — — Fair value of plan assets 143.7 123.6 — —
Schedule of Net Periodic Costs	The following table sets forth the net periodic pension cost (benefit) (in millions): Years Ended December 31, 2019 2018 2017 Components of Net Periodic Pension Cost (Benefit): Interest cost $ 6.2 $ 5.7 $ 6.1 Expected return on plan assets (5.2 ) (6.0 ) (6.2 ) Net amortization of actuarial net loss 1.1 0.7 1.4 Settlement loss 0.8 1.2 0.9 Net periodic pension cost (benefit) $ 2.9 $ 1.6 $ 2.2 Weighted‑Average Assumptions Used to Determine Net Periodic Pension Cost (Benefit) Discount rate 4.3 % 3.6 % 4.1 % Expected return on assets 5.8 % 5.6 % 6.5 % Average rate of increase in compensation — % — % — %
Schedule of Allocation of Plan Assets	The fair value measurements of all plan assets are based upon significant other observable inputs (Level 2), except for cash which is based upon quoted market prices in active markets for identical assets (Level 1). The following represents the Company's pension plan assets (in millions): Asset Category December 31, 2019 December 31, 2018 Cash $ 2.3 $ 1.9 Short Term Investments 0.1 0.1 Equity Securities: U.S. Large Cap 20.0 14.7 U.S. Mid Cap 4.6 3.2 U.S. Small Cap 1.2 1.2 International Developed 18.6 14.3 International Emerging Markets 6.9 6.8 Fixed Income Securities: U.S. Treasuries 22.2 21.0 Corporate Bonds 41.5 37.2 Government Bonds 9.9 7.1 Municipal Bonds 2.8 2.7 Mortgage-Backed Securities 2.9 1.2 Asset-Backed Securities 2.5 3.6 Bank Loans 7.1 6.6 Other 1.1 2.0 Total fair value of pension plan assets $ 143.7 $ 123.6
Schedule of Expected Benefit Payments	The following table presents estimated future benefit payments (in millions): Pension Postretirement 2020 $ 6.1 $ 0.1 2021 6.6 0.1 2022 7.5 0.1 2023 8.5 0.1 2024 9.9 0.1 2025-2029 61.7 0.4 $ 100.3 $ 0.9
Schedule of Multiemployer Plans	The Company's participation in multiemployer plans for the annual period ended December 31, 2019 is outlined in the table below. For each plan that is individually significant to the Company, the following information is provided: • The "EIN / Pension Plan Number" column provides the Employer Identification Number assigned to a plan by the Internal Revenue Service. • The "Pension Protection Act Zone Status" available is for plan years that ended in 2019 and 2018. The zone status is based on information provided to the Company and other participating employers by each plan and is certified by the plan's actuary. A plan in the "red" zone has been determined to be in "critical status," based on criteria established under the Internal Revenue Code, or the "Code," and is generally less than 65% funded. A plan in the "yellow" zone has been determined to be in "endangered status," based on criteria established under the Code, and is generally less than 80% funded. A plan in the "green" zone has been determined to be neither in "critical status" nor in "endangered status," and is generally at least 80% funded. • The "FIP/RP Status Pending/Implemented" column indicates whether a Funding Improvement Plan, as required under the Code to be adopted by plans in the "yellow" zone, or a Rehabilitation Plan, as required under the Code to be adopted by plans in the “red” zone, is pending or has been implemented as of the end of the plan year that ended in 2019 . • The "Surcharge Imposed" column indicates whether a surcharge was paid during the most recent annual period presented for the Company's contributions to any plan in the red zone in accordance with the requirements of the Code. The last column lists the expiration dates of the collective bargaining agreements pursuant to which the Company contributed to the plans. There are no plans where the amount contributed by the Company represents more than 5% of the total contributions to the plan for the years ended December 31, 2019 , 2018 and 2017 . (In millions) EIN / Pension Pension FIP / Contributions Surcharge Imposed Expiration Pension Fund 2019 2018 2019 2018 2017 Midwest Operating Engineers 36-6140097 Green Green N/A $ 1.0 $ 0.9 $ 0.8 N/A 5/31/2021 Other Plans (a) 1.2 1.1 0.9 Total contributions $ 2.2 $ 2.0 $ 1.7 (a) Consists of six plans, none of which are individually significant to the Company.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Components of Stock-Based Compensation Expense	Stock-based compensation awards are measured on their grant date using a fair value method and are recognized in the statement of operations over the requisite service period. The Company's stock-based compensation expense is included in “Selling, general and administrative” expense in the Company's consolidated statements of operations. The following table summarizes the expenses and associated income tax benefits recognized (in millions): Year Ended December 31, 2019 2018 2017 Compensation expense $ 19.5 $ 13.4 $ 10.1 Income tax benefit (5.1 ) (3.5 ) (2.5 ) Total $ 14.4 $ 9.9 $ 7.6
Summary of Weighted Average Assumptions used in Black Scholes Option Pricing Model	There were no stock options granted during 2019, 2018 or 2017.
Summary of Stock Option Activity	A summary of option activity is presented below. Options Weighted Weighted Aggregate Intrinsic (a) Outstanding at December 31, 2018 370,273 $ 37.56 Granted — — Exercised (25,508 ) 32.93 Forfeited or expired (2,267 ) 33.19 Outstanding at December 31, 2019 342,498 $ 37.94 Expected to Vest at December 31, 2019 63,845 $ 33.31 3.6 $ 1.0 Exercisable at December 31, 2019 278,122 $ 39.01 2.9 $ 3.4 (a) Market price per share on December 31, 2019 was $ 48.94 . The intrinsic value is zero for options with exercise prices above market value.
Stock Options by Exercise Price Range	Stock options as of December 31, 2019 : Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding Weighted Weighted Number Outstanding Weighted Weighted $30.01-40.00 277,998 33.19 3.6 214,501 33.19 3.6 40.01-50.00 3,616 42.18 3.4 2,737 42.27 3.3 50.01-60.00 46,820 56.12 0.5 46,820 56.12 0.5 70.01-80.00 14,064 70.14 0.1 14,064 70.14 0.1 342,498 $ 37.94 278,122 $ 39.01
Additional Information Pertaining to Option Activity	Additional information pertaining to stock option activity under the Omnibus Plan is as follows (in millions): Year Ended December 31, 2019 2018 2017 Aggregate intrinsic value of stock options exercised (a) $ 0.3 $ 0.5 $ 0.3 Cash received from the exercise of stock options 0.8 0.5 0.7 Tax benefit realized on exercise of stock options 0.1 0.1 0.1 (a) The intrinsic value is the difference between the market value of the shares on the exercise date and the exercise price of the option.
Summary of PSU Activity	A summary of the PSU activity is presented below. Units Weighted Nonvested at December 31, 2018 267,107 $ 48.60 Granted 162,490 40.79 Vested (97,997 ) 34.48 Forfeited (9,807 ) 49.97 Nonvested at December 31, 2019 321,793 $ 48.91
Summary of RSU Activity	A summary of the RSU activity under the Omnibus Plan is presented below. Units Weighted Nonvested at December 31, 2018 456,654 $ 46.57 Granted 245,176 41.18 Vested (263,396 ) 40.44 Forfeited (27,365 ) 47.71 Nonvested at December 31, 2019 411,069 $ 47.17

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The components of income (loss) before income taxes for the periods were as follows (in millions): Years Ended December 31, 2019 2018 2017 Domestic $ 61.9 $ 60.5 $ (59.2 ) Foreign 1.7 8.3 (5.2 ) Income (loss) before income taxes $ 63.6 $ 68.8 $ (64.4 )
Summary of Provision for Income Taxes	The provision (benefit) for income taxes consists of the following (in millions): Years Ended December 31, 2019 2018 2017 Current: Federal $ (1.4 ) $ 2.2 $ 2.0 Foreign 3.5 1.9 5.0 State and local 3.7 5.5 (3.3 ) Total current 5.8 9.6 3.7 Deferred: Federal 15.9 (7.0 ) (214.9 ) Foreign 0.4 (1.9 ) (4.6 ) State and local (6.0 ) (1.0 ) (8.9 ) Total deferred 10.3 (9.9 ) (228.4 ) Total income tax provision (benefit) $ 16.1 $ (0.3 ) $ (224.7 )
Schedule of U.S. and Foreign Deferred Tax Assets and Liabilities	The principal items of the U.S. and foreign net deferred tax assets and liabilities are as follows (in millions): December 31, 2019 December 31, 2018 Deferred tax assets: Employee benefit plans $ 5.5 $ 6.8 Tax credit carryforwards 2.1 4.2 Right-of-use assets 54.7 — Accrued expenses 35.0 34.9 Net operating loss carryforwards 122.9 101.8 Total deferred tax assets 220.2 147.7 Less: valuation allowance (9.0 ) (5.8 ) Total net deferred tax assets 211.2 141.9 Deferred tax liabilities: Deferred state gain — (6.3 ) Lease liabilities (53.2 ) — Outside basis difference in foreign subsidiaries and other (2.0 ) (3.4 ) Depreciation on tangible assets (545.7 ) (512.5 ) Intangible assets (69.6 ) (67.8 ) Total deferred tax liabilities (670.5 ) (590.0 ) Net deferred tax liability $ (459.3 ) $ (448.1 )
Reconciliation of Statutory and Effective Tax Rates	The income tax in the accompanying consolidated statements of operations differs from the income tax calculated by applying the statutory federal income tax rate to income (loss) before income taxes due to the following (in millions): Years Ended December 31, 2019 2018 2017 Income tax (benefit) provision at statutory rate $ 13.3 $ 14.4 $ (22.5 ) Increases (decreases) resulting from: Foreign taxes 0.9 0.9 1.9 State and local income taxes, net of federal income tax (3.7 ) 3.6 2.6 Federal and foreign 3.1 1.1 0.5 Enactment of the 2017 Tax Act — (20.8 ) (207.1 ) Finalization of estimates from Spin-Off — — (0.9 ) Change in valuation allowance 2.6 (1.5 ) 1.1 Outside basis difference in foreign subsidiaries (0.9 ) 0.9 — All other items, net 0.8 1.1 (0.3 ) Income tax (benefit) provision $ 16.1 $ (0.3 ) $ (224.7 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The changes in the accumulated other comprehensive income (loss) balance by component (net of tax) are presented in the tables below (in millions): Pension and Other Post-Employment Benefits Unrealized Gains on Hedging Instruments Foreign Currency Items Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2018 $ (18.7 ) $ 2.7 $ (106.4 ) $ (122.4 ) Other comprehensive income before reclassification 3.3 (1.5 ) 11.5 13.3 Amounts reclassified from accumulated other comprehensive loss (0.6 ) — — (0.6 ) Net current period other comprehensive income 2.7 (1.5 ) 11.5 12.7 Balance at December 31, 2019 $ (16.0 ) $ 1.2 $ (94.9 ) $ (109.7 ) Pension and Other Post-Employment Benefits Unrealized Gains on Hedging Instruments Foreign Currency Items Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2017 $ (13.5 ) $ 1.3 $ (86.4 ) $ (98.6 ) Other comprehensive income before reclassification (5.6 ) 1.1 (20.0 ) (24.5 ) Amounts reclassified from accumulated other comprehensive loss 2.9 — — 2.9 Cumulative effect of accounting change (Note 14) (2.5 ) 0.3 — (2.2 ) Net current period other comprehensive income (5.2 ) 1.4 (20.0 ) (23.8 ) Balance at December 31, 2018 $ (18.7 ) $ 2.7 $ (106.4 ) $ (122.4 )
Reclassification out of Accumulated Other Comprehensive Income	Amounts reclassified from accumulated other comprehensive income (loss) to net income were as follows (in millions): Twelve Months Ended December 31, Pension and other postretirement benefit plans 2019 2018 2017 Statement of Operations Caption Amortization of actuarial losses $ 1.1 $ 0.7 $ 1.4 Selling, general and administrative Settlement loss 0.8 1.2 0.9 Selling, general and administrative Total 1.9 1.9 2.3 Tax benefit (provision) (2.5 ) 1.0 (1.2 ) Income tax benefit (provision) Total reclassifications for the period $ (0.6 ) $ 2.9 $ 1.1

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value of Debt	December 31, 2019 December 31, 2018 Nominal Unpaid Principal Balance Aggregate Fair Value Nominal Unpaid Principal Balance Aggregate Fair Value 2027 Notes $ 1,200.0 $ 1,265.0 $ — $ — 2022 Notes and 2024 Notes — — 864.5 901.2

Equity and Earnings (Loss) Pe_2

Equity and Earnings (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) Per Share, Basic and Diluted	The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share data). Year Ended December 31, 2019 2018 2017 Basic and diluted earnings per share: Numerator: Net income, basic and diluted $ 47.5 $ 69.1 $ 160.3 Denominator: Basic weighted average common shares 28.7 28.4 28.3 Stock options, RSUs and PSUs 0.4 0.5 0.3 Weighted average shares used to calculate diluted earnings (loss) per share 29.1 28.9 28.6 Earnings per share: Basic $ 1.66 $ 2.43 $ 5.66 Diluted $ 1.63 $ 2.39 $ 5.60 Antidilutive stock options, RSUs and PSUs 0.3 0.2 0.4

Segment (Tables)

Segment (Tables)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting [Abstract]
Long-lived Assets by Geographic Areas [Table Text Block]	For each of the last three fiscal years, revenues from our external customers attributed to the U.S. and all foreign countries (primarily Canada) in total are set forth below: Years Ended December 31, 2019 2018 2017 United States $ 1,796.6 $ 1,757.8 $ 1,548.1 International 202.4 218.9 206.4 Total revenue $ 1,999.0 $ 1,976.7 $ 1,754.5	Geographic information for long-lived assets, which consist primarily of rental equipment and property and equipment, was as follows (in millions): December 31, 2019 December 31, 2018 Total assets at end of year United States $ 3,360.4 $ 3,182.7 International 456.6 427.5 Total $ 3,817.0 $ 3,610.2 Rental equipment, net, at end of year United States $ 2,254.2 $ 2,248.3 International 235.8 256.4 Total $ 2,490.0 $ 2,504.7 Property and equipment, net, at end of year United States $ 291.5 $ 256.3 International 20.3 26.2 Total $ 311.8 $ 282.5

Quarterly Financial Informati_2

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Summary of Quarterly Operating Results	First Quarter Second Quarter Third Quarter Fourth Quarter (In millions, except per share data) 2019 2019 2019 2019 Revenues $ 475.7 $ 475.1 $ 508.1 $ 540.1 Income (loss) before income taxes (9.8 ) 15.0 5.2 53.2 Net income (loss) (a) (6.7 ) 9.7 9.4 35.1 Earnings (loss) per share: Basic $ (0.23 ) $ 0.34 $ 0.33 $ 1.22 Diluted $ (0.23 ) $ 0.33 $ 0.32 $ 1.20 First Quarter Second Quarter Third Quarter Fourth Quarter (In millions, except per share data) 2018 2018 2018 2018 Revenues $ 431.3 $ 485.5 $ 516.2 $ 543.7 Income (loss) before income taxes (15.2 ) 0.5 45.2 38.3 Net income (loss) (b) (10.1 ) (0.3 ) 46.2 33.3 Earnings (loss) per share: Basic $ (0.36 ) $ (0.01 ) $ 1.62 $ 1.17 Diluted $ (0.36 ) $ (0.01 ) $ 1.60 $ 1.16 (a) Net income for the second quarter includes a restructuring charge of $7.7 million , the third quarter includes a loss on the early extinguishment of debt of $53.6 million as discussed in Note 10 , " Debt " and the fourth quarter includes an impairment of $4.0 million related to certain assets held for sale . (b) Net income for the third quarter, fourth quarter and full year 2018 includes a net benefit of $14.8 million , $6.0 million and $20.8 million , respectively, associated with the finalization of the impacts of the 2017 Tax Act discussed further in Note 14 , " Income Taxes ." The third quarter includes the early redemption of $123.5 million of Notes, resulting in a loss on the early extinguishment of debt of $5.4 million as discussed in Note 10 , " Debt " .

Background (Details)

Background (Details)	12 Months Ended
	Dec. 31, 2019company_operated_branch
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of locations	275

Basis of Presentation and Rec_4

Basis of Presentation and Recently Issued Accounting Pronouncements - Stock Split (Details) - shares shares in Millions	Dec. 31, 2019	Dec. 31, 2018
Class of Stock [Line Items]
Common Stock, shares authorized (in shares)	133.3	133.3
Preferred Stock, shares authorized (in shares)	13.3	13.3

Basis of Presentation and Rec_5

Basis of Presentation and Recently Issued Accounting Pronouncements - Revenue Earning Equipment (Details)	12 Months Ended
	Dec. 31, 2019
Minimum
Property Subject to or Available for Operating Lease [Line Items]
Holding period for revenue earning equipment	1 year
Maximum
Property Subject to or Available for Operating Lease [Line Items]
Holding period for revenue earning equipment	15 years

Basis of Presentation and Rec_6

Basis of Presentation and Recently Issued Accounting Pronouncements - Property and Equipment (Details)	12 Months Ended
	Dec. 31, 2018
Building | Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	8 years
Building | Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	33 years
Service vehicles | Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	3 years
Service vehicles | Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	15 years
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	1 year
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	15 years
Computer equipment | Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	3 years
Computer equipment | Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	5 years
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	2 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	10 years

Basis of Presentation and Rec_7

Basis of Presentation and Recently Issued Accounting Pronouncements - Goodwill and Indefinite-Lived Intangible Assets and Finite Lived Intangible and Long-Lived Assets (Details)	12 Months Ended
	Dec. 31, 2019reporting_unit
Finite-Lived Intangible Assets [Line Items]
Number of reporting units	1
Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated economic lives	3 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated economic lives	10 years

Basis of Presentation and Rec_8

Basis of Presentation and Recently Issued Accounting Pronouncements - Advertising (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Advertising costs	$ 2.7	$ 1	$ 2.7

Basis of Presentation and Rec_9

Basis of Presentation and Recently Issued Accounting Pronouncements Leases (Details) - USD ($) $ in Millions	Dec. 31, 2019	Sep. 30, 2019
Operating Leased Assets [Line Items]
Present value of lease liabilities	$ 212.7
Accounting Standards Update 2016-02 [Member]
Operating Leased Assets [Line Items]
Present value of lease liabilities		$ 165.3

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition - Applicable Accounting Guidance for Revenue (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Gross									$ 1,549.9	$ 1,509.7	$ 1,372.3
Operating Leases, Income Statement, Lease Revenue, Other									151.9	148.6	126.7
Operating Leases, Income Statement, Lease Revenue									1,701.8	1,658.3	1,499
Sales Revenue, Revenue Earning Equipment, Gross									242.8	256.2	190.8
Sales of New Equipment, Parts and Supplies									44	49.3	52.3
Services and Other Revenues									10.4	12.9	12.4
Revenues	$ 540.1	$ 508.1	$ 475.1	$ 475.7	$ 543.7	$ 516.2	$ 485.5	$ 431.3	1,999	1,976.7	1,754.5
Topic 840 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Gross										1,509.7	1,372.3
Operating Leases, Income Statement, Lease Revenue, Other										60.2	51.5
Operating Leases, Income Statement, Lease Revenue										1,569.9	1,423.8
Sales Revenue, Revenue Earning Equipment, Gross										0	0
Sales of New Equipment, Parts and Supplies										0	0
Services and Other Revenues									0	0	0
Revenues										1,569.9	1,423.8
Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Gross											0
Operating Leases, Income Statement, Lease Revenue, Other											75.2
Operating Leases, Income Statement, Lease Revenue									98	88.4	75.2
Sales Revenue, Revenue Earning Equipment, Gross											190.8
Sales of New Equipment, Parts and Supplies									44	49.3	52.3
Services and Other Revenues									10.4	12.9	12.4
Revenues									395.2	406.8	330.7
Delivery and Pick-up [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									98	88.4	75.2
Delivery and Pick-up [Member] | Topic 840 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other										0	0
Delivery and Pick-up [Member] | Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other											75.2
Other Revenue [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									53.9	60.2	51.5
Other Revenue [Member] | Topic 840 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									53.9	$ 60.2	51.5
Other Revenue [Member] | Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									$ 0		$ 0

Revenue Recognition Disaggregat

Revenue Recognition Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenues	$ 540.1	$ 508.1	$ 475.1	$ 475.7	$ 543.7	$ 516.2	$ 485.5	$ 431.3	$ 1,999	$ 1,976.7	$ 1,754.5
Operating Leases, Income Statement, Lease Revenue, Gross									1,549.9	1,509.7	1,372.3
Operating Leases, Income Statement, Lease Revenue, Other									151.9	148.6	126.7
Operating Leases, Income Statement, Lease Revenue									1,701.8	1,658.3	1,499
Sales Revenue, Revenue Earning Equipment, Gross									242.8	256.2	190.8
Sales Revenue, New Equipment									21	21.3	26.9
Sales Revenue, Parts and Supplies									23	28	25.4
Sales Revenue, Revenue Earning Equipment, Net									286.8	305.5	243.1
Sales of New Equipment, Parts and Supplies									44	49.3	52.3
Accounting Standards Update 2016-02 [Member]
Disaggregation of Revenue [Line Items]
Revenues									1,603.8
Operating Leases, Income Statement, Lease Revenue, Gross									1,549.9
Operating Leases, Income Statement, Lease Revenue, Other									53.9
Operating Leases, Income Statement, Lease Revenue									1,603.8
Sales Revenue, Revenue Earning Equipment, Gross									0
Sales of New Equipment, Parts and Supplies									0
Accounting Standards Update 2014-09 [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Lease Revenue, Gross									0	0
Operating Leases, Income Statement, Lease Revenue, Other									98	88.4
Sales Revenue, Revenue Earning Equipment, Gross									242.8	256.2
Delivery and Pick-up [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									98	88.4	75.2
Delivery and Pick-up [Member] | Accounting Standards Update 2016-02 [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									0
Delivery and Pick-up [Member] | Accounting Standards Update 2014-09 [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									98	88.4
Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other									$ 53.9	60.2	$ 51.5
Other Revenue [Member] | Accounting Standards Update 2014-09 [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Lease Revenue, Other										$ 0

Revenue Recognition Revenue R_2

Revenue Recognition Revenue Recognition Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Concentration Risk [Line Items]
Concentration Risk, Percentage	3.00%
United States
Concentration Risk [Line Items]
Concentration Risk, Percentage	89.90%	88.90%	88.20%
Accounting Standards Update 2014-09 [Member]
Concentration Risk [Line Items]
Accounts Receivable, before Allowance for Credit Loss	$ 15.6	$ 19.5
Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	5.00%

Revenue Earning Equipment - Rev

Revenue Earning Equipment - Revenue Earning Equipment Components (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Property Subject to or Available for Operating Lease, Net [Abstract]
Rental equipment	$ 3,821.6	$ 3,840.7
Less: Accumulated depreciation	(1,331.6)	(1,336)
Rental equipment, net	$ 2,490	$ 2,504.7

Property and Equipment - Compon

Property and Equipment - Components of Property and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 628.4	$ 580.8
Less: accumulated depreciation and amortization	(316.6)	(298.3)
Property and equipment, net	311.8	282.5
Land and buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	116.1	120.2
Service vehicles
Property, Plant and Equipment [Line Items]
Property and equipment, gross	305.3	258.6
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	94.3	89.1
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	23.3	27.3
Computer equipment and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	64.9	64.8
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	15.1	14.6
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 9.4	$ 6.2

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 54	$ 51.9	$ 46.8

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment and Related Amortization Recorded Under Capital Leases (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Capital Leased Assets, Gross	$ 102.8	$ 87.7
Less: accumulated depreciation	(46.2)	(50.3)
Capital leases, net	56.6	37.4
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Capital Leased Assets, Gross	101.8	87.7
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Capital Leased Assets, Gross	1	0
Land, building and leasehold improvements
Property, Plant and Equipment [Line Items]
Capital Leased Assets, Gross	77.4	76.6
Less: accumulated depreciation	(36.1)	(32.7)
Capital leases, net	$ 41.3	$ 43.9

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment	$ 0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	0
Amortization of intangible assets	7,000,000	$ 5,400,000	$ 4,700,000
Amortizable intangible assets, net carrying value	21,000,000	23,500,000
Software Development
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, net carrying value	1,400,000	900,000
Internally developed software
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, net carrying value		$ 19,900,000
Intangible Assets, Excluding Internally Developed Software Yet To Be Placed Into Service
Finite-Lived Intangible Assets [Line Items]
2019	7,100,000
2020	6,200,000
2021	4,000,000
2022	2,200,000
2023	$ 100,000

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Goodwill Rollforward (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Goodwill [Roll Forward]
Goodwill	$ 765.9	$ 765.9
Accumulated impairment losses	(674.9)	(674.9)
Preconfirmation, Goodwill	91	91
Goodwill, net	93.6	91
Goodwill, Translation and Purchase Accounting Adjustments	2.6
Postconfirmation, Goodwill	$ 768.5	$ 765.9

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Amortizable intangible assets:
Amortizable intangible assets, gross carrying amount	$ 46.3	$ 41.8
Amortizable intangible assets, accumulated amortization	(25.3)	(18.3)
Amortizable intangible assets, net carrying value	21	23.5
Total other intangible assets, gross carrying amount	316.8	311.8
Intangible assets, net	291.5	293.5
Trade name
Indefinite-lived intangible assets:
Indefinite-lived intangible assets	270.5	270
Customer-related
Amortizable intangible assets:
Amortizable intangible assets, gross carrying amount	11.4	11.4
Amortizable intangible assets, accumulated amortization	(8.9)	(7.8)
Amortizable intangible assets, net carrying value	2.5	3.6
Internally developed software
Amortizable intangible assets:
Amortizable intangible assets, gross carrying amount		30.4
Amortizable intangible assets, accumulated amortization		(10.5)
Amortizable intangible assets, net carrying value		19.9
Software Development
Amortizable intangible assets:
Amortizable intangible assets, net carrying value	$ 1.4	$ 0.9

Accrued Liabilities - Schedule

Accrued Liabilities - Schedule of Accrued Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Accrued compensation and benefit costs	$ 26.8	$ 32.1
Rebate accrual	33.6	30.3
Taxes payable	16	21.2
Accrued interest	32.2	7.2
Customer related deferrals	11.3	9.6
Insurance reserves	9.2	8
Other	6.6	13.9
Total accrued liabilities	$ 135.7	$ 122.3

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Millions	Dec. 31, 2019	Jul. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Financing obligations	$ 2,086.4
Unamortized Debt Issuance Costs	(7.9)		$ (10.6)
Total debt	2,078.5		2,156.8
Less: Current maturities of long-term debt	(27)		(26.9)
Long-term debt, net	$ 2,051.5		2,129.9
Senior Secured Second Priority Notes | 2027 Notes [Member]
Debt Instrument [Line Items]
Weighted Average Effective Interest Rate at December 31, 2019	5.61%
Weighted Average Stated Interest Rate at December 31, 2019	5.50%
Financing obligations	$ 1,200
Senior Secured Second Priority Notes | 2022 Notes
Debt Instrument [Line Items]
Weighted Average Stated Interest Rate at December 31, 2019				7.50%
Financing obligations	0		427
Senior Secured Second Priority Notes | 2024 Notes
Debt Instrument [Line Items]
Weighted Average Stated Interest Rate at December 31, 2019				7.75%
Financing obligations	$ 0		437.5
Line of Credit | AR Facility
Debt Instrument [Line Items]
Weighted Average Stated Interest Rate at December 31, 2019	2.48%
Financing obligations	$ 175		175
Line of Credit | Other Borrowings [Member]
Debt Instrument [Line Items]
Financing obligations	$ 5.2		4.6
Capital leases
Debt Instrument [Line Items]
Weighted Average Effective Interest Rate at December 31, 2019	4.89%
Financing obligations	$ 123.5		122.1
Less: Current maturities of long-term debt	(3.4)		(3)
Capital leases | Capital Lease Agreements [Member]
Debt Instrument [Line Items]
Financing obligations	$ 56.2		38.1
Capital leases | Capital leases
Debt Instrument [Line Items]
Finance Lease, Weighted Average Discount Rate, Percent	2.95%
Senior Secured Revolving Credit Facility [Member] | Line of Credit | New Credit Facility [Member] [Domain]
Debt Instrument [Line Items]
Weighted Average Stated Interest Rate at December 31, 2019	3.22%
Financing obligations	$ 650
Senior Secured Revolving Credit Facility [Member] | Line of Credit | Old ABL Credit Facility
Debt Instrument [Line Items]
Financing obligations	$ 0	$ 722	1,085.2
Senior Secured Revolving Credit Facility [Member] | Line of Credit | Other Borrowings [Member]
Debt Instrument [Line Items]
Weighted Average Stated Interest Rate at December 31, 2019	4.79%
Other long-term assets | Senior Secured Revolving Credit Facility [Member] | Line of Credit | Old ABL Credit Facility
Debt Instrument [Line Items]
Unamortized debt issuance costs related to credit facility	$ 9.3		$ 10.4

Debt - Nominal Principal Amount

Debt - Nominal Principal Amounts of Debt Maturities (Details) $ in Millions	Dec. 31, 2019USD ($)
Debt Disclosure [Abstract]
2019	$ 27
2020	6.2
2021	6.1
2022	5.9
2023	830.6
After 2024	1,210.6
Total	$ 2,086.4

Debt - Senior Secured Second Pr

Debt - Senior Secured Second Priority Notes (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jul. 09, 2019	Jun. 30, 2016
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 2,086.4
Line of Credit Facility, Covenant Terms, Fixed Charge Coverage Ratio, Minimum		1
Loss on extinguishment of debt	$ 53.6		$ 5.4	$ 11.4
Payment for Debt Extinguishment or Debt Prepayment Cost		$ 41.5	3.7	$ 7.4
2027 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		100.00%
2027 Notes [Member] | Prior to June 1, 2019
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		105.50%
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed		40.00%
2027 Notes [Member] | On or after June 1, 2019 and prior to June 1, 2020
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		102.75%
2027 Notes [Member] | On or after June 1, 2020 and prior to June 1, 2021
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		101.833%
2027 Notes [Member] | On or after June 1, 2021 and prior to June 1, 2022
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		100.917%
2027 Notes [Member] | On or after June 1, 2022
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		100.00%
2027 Notes [Member] | Upon Change in Control
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		101.00%
2027 Notes [Member] | Asset Sale
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage		100.00%
2022 and 2024 Notes [Member]
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost		$ 9.5
Old ABL Credit Facility
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost		2.6
Senior Secured Second Priority Notes | 2027 Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 1,200
Stated rate		5.50%
Senior Secured Second Priority Notes | 7.50% Senior Notes, Due 2022
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 0	427
Aggregate principal amount						$ 610
Stated rate				7.50%
Principal amount redeemed				$ 183	$ 427
Senior Secured Second Priority Notes | 7.75% Senior Notes, Due 2024
Debt Instrument [Line Items]
Long-term Debt, Gross		0	437.5
Aggregate principal amount						$ 625
Stated rate				7.75%
Principal amount redeemed			$ 123.5	$ 187.5	$ 437.5
2022 and 2024 Notes [Member]
Debt Instrument [Line Items]
Loss on extinguishment of debt		51
Letter of Credit [Member] | Line of Credit | Old ABL Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 250

Debt - ABL Credit Facility and

Debt - ABL Credit Facility and Covenants (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Debt Instrument [Line Items]
Line of Credit Facility, Covenant Terms, Fixed Charge Coverage Ratio, Minimum	1
Old ABL Credit Facility
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost	$ 2.6
Revolving Credit Facility [Member] | Line of Credit | Old ABL Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	1,750
Letter of Credit [Member] | Line of Credit | Old ABL Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 250

Debt Securitization (Details)

Debt Securitization (Details) $ in Millions	Dec. 31, 2019USD ($)
AR Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 175

Debt - Borrowing Capacity and A

Debt - Borrowing Capacity and Availability and Letters of Credit (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Jul. 31, 2019	Dec. 31, 2018
Line of Credit Facility [Line Items]
Remaining Capacity	$ 1,079.4
Availability Under Borrowing Base Limitation	1,079.4
Financing obligations	2,086.4
Other Borrowings [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 10
Line of Credit | Old ABL Credit Facility | Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Remaining Capacity	1,079.4
Availability Under Borrowing Base Limitation	1,079.4
Financing obligations	0	$ 722	1,085.2
Line of Credit | Old ABL Credit Facility | Letter of Credit [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	250
Remaining Capacity	229.4
Letters of Credit Outstanding, Amount	$ 20.6
Line of Credit | Other Borrowings [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Percentage Ratio of Interest Rate to Prevailing Base Lending Rates	0.535%
Remaining Capacity	$ 4.8
Financing obligations	5.2		4.6
Line of Credit | AR Facility
Line of Credit Facility [Line Items]
Remaining Capacity	0
Availability Under Borrowing Base Limitation	0
Financing obligations	$ 175		$ 175

Debt - Debt Issuance Costs (Det

Debt - Debt Issuance Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Amortization of debt issuance costs	$ 5.2	$ 6.3	$ 6.4
2022 and 2024 Notes [Member]
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost	$ 9.5

Financing Obligations - Narrati

Financing Obligations - Narrative (Details) $ in Millions	Oct. 10, 2017USD ($)propertyperiod	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)
Leases [Abstract]
Sale leaseback transaction, number of properties | property	42			2
Sale Leaseback Transaction, Gross Proceeds	$ 119.5	$ 4.7	$ 4.7	$ 6.4	$ 119.5
Sale leaseback transaction, lease term, period (in years)	20 years
Sale leaseback transaction, renewal term, number of additional terms | period	5
Sale leaseback transaction, length of each additional period (in years)		5 years
Deferred finance costs, issuance costs			2.7
Deferred Finance Costs, Own-share Lending Arrangement, Issuance Costs, Accumulated Amortization Expense, Period Increase (Decrease)			$ 0.4	$ 0.2	$ 0.1

Financing Obligations - Obligat

Financing Obligations - Obligations (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Financing obligations	$ 2,086.4
Less: Current maturities of financing obligations	$ 27	$ 26.9
Capital leases
Debt Instrument [Line Items]
Weighted Average Effective Interest Rate at December 31, 2019	4.89%
Financing obligations	$ 123.5	122.1
Unamortized financing issuance costs	2.5	2.8
Total financing obligations	121	119.3
Less: Current maturities of financing obligations	3.4	3
Financing obligations, net	$ 117.6	$ 116.3

Financing Obligations - Future

Financing Obligations - Future Minimum Financing Payments (Details) $ in Millions	Dec. 31, 2019USD ($)
Leases [Abstract]
2019	$ 9.4
2020	9.4
2021	9.4
2022	9.4
2023	9.4
Thereafter	111.2
Total minimum financing obligations payments	158.2
Obligations subject to non-cash gain on future sale of property	34.4
Less amount representing interest (at a weighted-average interest rate of 4.89%)	(69.1)
Total financing obligations	$ 123.5

Employee Retirement Benefits -

Employee Retirement Benefits - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Provision for defined contribution plans	$ 11.4	$ 10.5	$ 9.4
Increase to the pension liability funded status			3.6
Defined Benefit Plan, Actual Benefit Plan Obligation Allocations	99.00%
Offset to taxes			$ 2
Effect of 1% increase in postretirement benefit obligation (less than)	$ 0.1
Net actuarial loss	$ 0.5
Asset allocation percentage	100.00%
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 2.8
Qualified Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Increase to the pension liability funded status	$ 0	$ 1.5
Expected return on assets	5.80%	5.60%	6.50%
Equity Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Asset allocation percentage	35.00%
Fixed Income Securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Asset allocation percentage	65.00%

Employee Retirement Benefits _2

Employee Retirement Benefits - Changes in Projected Benefit Obligation, Changes in Plan Assets and Funded Status of Plan (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Change in Fair Value of Plan Assets
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 2.8
Plan assets receivable from the Hertz Plan			$ 3.6
Pension Plan
Change in Projected Benefit Obligations
Benefit obligations at beginning of year	148.5	$ 160
Interest cost	6.2	5.7	6.1
Plan settlements	6.3	7.9
Benefits paid	(0.4)	(0.2)
Adjustment (1)	0	1.1
Actuarial (gain) loss	(15.5)	10.2
Benefit obligations at end of year	163.5	148.5	160
Change in Fair Value of Plan Assets
Fair value of plan assets at beginning of year	123.6	140.4
Actual return on plan assets	24	(10.2)
Plan settlements	(6.3)	(7.9)
Benefits paid	(0.4)	(0.2)
Plan assets receivable from the Hertz Plan	0	1.5
Fair value of plan assets at end of year	143.7	123.6	140.4
Funded Status	(19.8)	(24.9)
Accumulated benefit obligations	163.5	148.5
Postretirement
Change in Projected Benefit Obligations
Benefit obligations at beginning of year	1	1.1
Interest cost	0	0
Plan settlements	0	0
Benefits paid	0	0
Adjustment (1)	0	0
Actuarial (gain) loss	0	0.1
Benefit obligations at end of year	1	1	1.1
Change in Fair Value of Plan Assets
Fair value of plan assets at beginning of year	0	0
Actual return on plan assets	0	0
Plan settlements	0	0
Benefits paid	0	0
Plan assets receivable from the Hertz Plan	0	0
Fair value of plan assets at end of year	0	0	$ 0
Funded Status	$ (1)	$ (1)

Employee Retirement Benefits _3

Employee Retirement Benefits - Amounts Recognized in Balance Sheet and Other Comprehensive Income and Assumptions Used (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Pension
Amounts Recognized in Balance Sheet
Accrued liabilities	$ (0.1)	$ (0.1)
Other long-term liabilities	(19.7)	(24.8)
Net amount recognized	(19.8)	(24.9)
Amounts Recognized in Accumulated Other Comprehensive Loss
Net actuarial gain (loss)	(20.3)	(25.6)
Prior service credits	0.1	0.1
Net amount recognized	$ (20.2)	$ (25.5)
Weighted‑Average Assumptions Used to Determine Projected Benefit Obligations
Discount rate	3.20%	4.30%
Average rate of increase in compensation	0.00%	0.00%
Postretirement
Amounts Recognized in Balance Sheet
Accrued liabilities	$ (0.1)	$ (0.1)
Other long-term liabilities	(0.9)	(0.9)
Net amount recognized	(1)	(1)
Amounts Recognized in Accumulated Other Comprehensive Loss
Net actuarial gain (loss)	0.2	0.2
Prior service credits	0	0
Net amount recognized	$ 0.2	$ 0.2
Weighted‑Average Assumptions Used to Determine Projected Benefit Obligations
Discount rate	3.20%	4.20%
Average rate of increase in compensation	0.00%	0.00%
Initial healthcare cost trend rate	5.80%	6.10%
Ultimate healthcare cost trend rate	4.50%	4.50%

Employee Retirement Benefits _4

Employee Retirement Benefits - Accumulated Benefit Plan Obligation in Excess of Fair Value of Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Projected benefit obligation	$ 163.5	$ 148.5
Accumulated benefit obligation	163.5	148.5
Fair value of plan assets	143.7	123.6
Postretirement
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Projected benefit obligation	1	1
Accumulated benefit obligation	0	0
Fair value of plan assets	$ 0	$ 0

Employee Retirement Benefits _5

Employee Retirement Benefits - Net Periodic Costs (Benefits) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Provision for defined contribution plans	$ 11.4	$ 10.5	$ 9.4
Pension
Defined Benefit Plan Disclosure [Line Items]
Interest cost	6.2	5.7	6.1
Expected return on plan assets	(5.2)	(6)	(6.2)
Net amortization of actuarial net loss	1.1	0.7	1.4
Settlement loss	0.8	1.2	0.9
Net periodic pension cost (benefit)	$ 2.9	$ 1.6	$ 2.2
Weighted‑Average Assumptions Used to Determine Net Periodic Pension Cost (Benefit)
Discount rate	4.30%	3.60%	4.10%
Expected return on assets	5.80%	5.60%	6.50%
Average rate of increase in compensation	0.00%	0.00%	0.00%

Employee Retirement Benefits _6

Employee Retirement Benefits - Fair Value of Plan Assets (Details) - Pension Plan - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	$ 143.7	$ 123.6	$ 140.4
Level 1 | Cash
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	2.3	1.9
Level 2 | Total Plan Assets, Excluding Assets Expected to be Transferred in
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	143.7	123.6
Level 2 | Short Term Investments
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	0.1	0.1
Level 2 | U.S. Large Cap
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	20	14.7
Level 2 | U.S. Mid Cap
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	4.6	3.2
Level 2 | U.S. Small Cap
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	1.2	1.2
Level 2 | International Developed
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	18.6	14.3
Level 2 | International Emerging Markets
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	6.9	6.8
Level 2 | U.S. Treasuries
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	22.2	21
Level 2 | Corporate Bonds
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	41.5	37.2
Level 2 | Government Bonds
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	9.9	7.1
Level 2 | Municipal Bonds
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	2.8	2.7
Level 2 | Mortgage-Backed Securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	2.9	1.2
Level 2 | Asset-Backed Securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	2.5	3.6
Level 2 | Bank Loans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	7.1	6.6
Level 2 | Other
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Plan Assets, Amount	$ 1.1	$ 2

Employee Retirement Benefits _7

Employee Retirement Benefits - Estimated Future Benefit Payments (Details) $ in Millions	Dec. 31, 2019USD ($)
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2019	$ 6.1
2020	6.6
2021	7.5
2022	8.5
2023	9.9
2024-2028	61.7
Total expected future benefit payments	100.3
Postretirement
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2019	0.1
2020	0.1
2021	0.1
2022	0.1
2023	0.1
2024-2028	0.4
Total expected future benefit payments	$ 0.9

Employee Retirement Benefits _8

Employee Retirement Benefits - Contributions to Multiemployer Plans (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)plan
Multiemployer Plans [Line Items]
Number of other multiemployer plans | plan			6
Multiemployer Plans, Pension
Multiemployer Plans [Line Items]
Contributions	$ 2.2	$ 2	$ 1.7
Multiemployer Plans, Pension | Midwest Operating Engineers
Multiemployer Plans [Line Items]
Contributions	1	0.9	0.8
Multiemployer Plans, Pension | Other Plans
Multiemployer Plans [Line Items]
Contributions	$ 1.2	$ 1.1	$ 0.9

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	2,200,000
Number of shares available for grant (in shares)	1,913,000
Allocated stock-based compensation expense	$ 19,500,000	$ 13,400,000	$ 10,100,000
Unrecognized compensation cost	$ 15,800,000
Compensation cost not yet recognized, period for recognition	1 year 6 months
Proceeds from exercise of stock options	$ 800,000	$ 500,000	700,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 3,700,000
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years
Proceeds from exercise of stock options			$ 700,000
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Weighted average grant date fair value (in USD per share)	$ 40.79	$ 64.51	$ 47.88
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 3,400,000	$ 3,200,000	$ 0
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in USD per share)	$ 41.18	$ 62.89	$ 45.61
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 10,700,000	$ 3,000,000	$ 1,600,000
Minimum | Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	5 years
Minimum | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	1 year
Maximum | Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Maximum | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock-Based Compensation Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement [Abstract]
Compensation expense	$ 19.5	$ 13.4	$ 10.1
Income tax benefit	(5.1)	(3.5)	(2.5)
Total	$ 14.4	$ 9.9	$ 7.6

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Option Activity (Details)	12 Months Ended
	Dec. 31, 2019USD ($)$ / sharesshares
Options
Outstanding at beginning of period (in shares) | shares	370,273
Granted (in shares) | shares	0
Exercised (in shares) | shares	(25,508)
Forfeited or expired (in shares) | shares	(2,267)
Outstanding at end of period (in shares) | shares	342,498
Vested and unvested expected to vest at end of period (in shares) | shares	63,845
Exercisable at end of period (in shares) | shares	278,122
Weighted Average Exercise Price
Outstanding at the beginning of the period (in USD per share)	$ 37.56
Granted (in USD per share)	0
Exercised (in USD per share)	32.93
Forfeited or expired (in USD per share)	33.19
Outstanding at the end of the period (in USD per share)	37.94
Vested and unvested expected to Vest at end of period (in USD per share)	33.31
Exercisable at end of period (in USD per share)	$ 39.01
Weighted-Average Remaining Contractual Term, Vested and Unvested Expected to Vest at end of period	3 years 7 months 6 days
Weighted-Average Remaining Contractual Term, Exercisable at end of period	2 years 10 months 24 days
Aggregate Intrinsic Value, Vested and Unvested Expected to Vest at end of period | $	$ 1
Aggregate Intrinsic Value, Exercisable at end of period | $	$ 3.4
Market price (in USD per share)	$ 48.94

Stock-Based Compensation - St_2

Stock-Based Compensation - Stock Options by Exercise Price Range (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Number Outstanding (in shares)	342,498
Options Outstanding, Weighted‑ Average Exercise Price (in USD per share)	$ 37.94
Options Exercisable, Number Outstanding (in shares)	278,122
Options Exercisable, Weighted‑ Average Exercise Price (in USD per share)	$ 39.01
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 3,700,000
$30.01-40.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Number Outstanding (in shares)	277,998
Options Outstanding, Weighted‑ Average Exercise Price (in USD per share)	$ 33.19
Options Outstanding, Weighted‑ Average Remaining Contractual Term (Years)	3 years 7 months 6 days
Options Exercisable, Number Outstanding (in shares)	214,501
Options Exercisable, Weighted‑ Average Exercise Price (in USD per share)	$ 33.19
Options Exercisable, Weighted‑ Average Remaining Contractual Term (Years)	3 years 7 months 6 days
40.01-50.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Number Outstanding (in shares)	3,616
Options Outstanding, Weighted‑ Average Exercise Price (in USD per share)	$ 42.18
Options Outstanding, Weighted‑ Average Remaining Contractual Term (Years)	3 years 4 months 24 days
Options Exercisable, Number Outstanding (in shares)	2,737
Options Exercisable, Weighted‑ Average Exercise Price (in USD per share)	$ 42.27
Options Exercisable, Weighted‑ Average Remaining Contractual Term (Years)	3 years 3 months 18 days
50.01-60.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Number Outstanding (in shares)	46,820
Options Outstanding, Weighted‑ Average Exercise Price (in USD per share)	$ 56.12
Options Outstanding, Weighted‑ Average Remaining Contractual Term (Years)	6 months
Options Exercisable, Number Outstanding (in shares)	46,820
Options Exercisable, Weighted‑ Average Exercise Price (in USD per share)	$ 56.12
Options Exercisable, Weighted‑ Average Remaining Contractual Term (Years)	6 months
70.01-80.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Number Outstanding (in shares)	14,064
Options Outstanding, Weighted‑ Average Exercise Price (in USD per share)	$ 70.14
Options Outstanding, Weighted‑ Average Remaining Contractual Term (Years)	1 month 6 days
Options Exercisable, Number Outstanding (in shares)	14,064
Options Exercisable, Weighted‑ Average Exercise Price (in USD per share)	$ 70.14
Options Exercisable, Weighted‑ Average Remaining Contractual Term (Years)	1 month 6 days
Stock Option | $30.01-40.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices, lower range limit (in USD per share)	$ 30.01
Range of Exercise Prices, upper range limit (in USD per share)	40
Stock Option | 40.01-50.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices, lower range limit (in USD per share)	40.01
Range of Exercise Prices, upper range limit (in USD per share)	50
Stock Option | 50.01-60.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices, lower range limit (in USD per share)	50.01
Range of Exercise Prices, upper range limit (in USD per share)	60
Stock Option | 70.01-80.00
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Range of Exercise Prices, lower range limit (in USD per share)	$ 70.01
Performance Shares [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 3,400,000	$ 3,200,000	$ 0

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information Pertaining to Option Activity (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate intrinsic value of stock options exercised	$ 0.3	$ 0.5	$ 0.3
Proceeds from exercise of stock options	0.8	0.5	0.7
Tax benefit realized on exercise of stock options	$ 0.1	$ 0.1	0.1
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of stock options			$ 0.7

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of PSU Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Weighted Average Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 3,700,000
Performance Shares [Member]
Units
Nonvested at beginning of period (in shares)	267,107
Grants in period (in shares)	162,490
Vested (in shares)	(97,997)
Forfeited or expired (in shares)	(9,807)
Nonvested at end of period (in shares)	321,793	267,107
Weighted Average Grant Date Fair Value
Nonvested at beginning of period (in USD per share)	$ 48.60
Granted (in USD per share)	40.79	$ 64.51	$ 47.88
Vested (in USD per share)		34.48
Forfeited or expired (in USD per share)		49.97
Nonvested at end of period (in USD per share)	$ 48.91	$ 48.60
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 3,400,000	$ 3,200,000	$ 0

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of RSU Activity (Details) - Restricted Stock Units (RSUs) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Units
Nonvested at beginning of period (in shares)	456,654
Grants in period (in shares)	245,176
Vested (in shares)	(263,396)
Forfeited (in shares)	(27,365)
Nonvested at end of period (in shares)	411,069	456,654
Weighted Average Grant Date Fair Value
Nonvested at beginning of period (in USD per share)	$ 46.57
Granted (in USD per share)	41.18	$ 62.89	$ 45.61
Vested (in USD per share)	40.44
Forfeited (in USD per share)	47.71
Nonvested at end of period (in USD per share)	$ 47.17	$ 46.57

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Contingency [Line Items]
Deferred Tax Liabilities, Tax Deferred Income	$ 6.3			$ 6.3
Net income tax benefit related to toll charge as a result tax rate change	6	$ 14.8	$ 0	(35.1)
Enactment of the 2017 Tax Act			0	20.8	$ 207.1
Tax Cuts and Jobs Act, Incomplete Accounting, Change in Tax Rate, Deferred Tax Asset, Provisional Income Tax Expense				14.3	(245.2)
Tax Cuts and Jobs Act of 2017, Final Impact, Change in Tax Rate, Deferred Tax Asset, Provisional Tax Expense				(230.9)
Tax Cuts and Jobs Act, Incomplete Accounting, Transition Tax for Accumulated Foreign Earnings, Provisional Liability					$ 38.1
Deferred tax assets for federal alternative minimum tax			2
Valuation allowance against deferred tax assets	5.8		9	5.8
Deferred tax assets, net	141.9		211.2	141.9
Future Earnings Associated with Potential Stock Sale or Liquidation of Foreign Subsidiaries Considered Permanently Reinvested	44.8			44.8
Federal
Income Tax Contingency [Line Items]
Deferred tax assets unutilized for net operating losses			104.6
NOL subject to expiration			509.1
State and Local Jurisdiction [Member]
Income Tax Contingency [Line Items]
Deferred tax assets associated with operating loss carryforwards subject to expiration			11.1
Foreign
Income Tax Contingency [Line Items]
Operating loss carryforwards			35.6
Deferred tax assets for foreign NOL carryforwards			7.2
Carryforwards not subject to expiration			$ 15.9
2017 Tax Act Impact [Member]
Income Tax Contingency [Line Items]
Deferred Tax Liabilities, Tax Deferred Income	$ 1.8			$ 1.8
Minimum | Federal
Income Tax Contingency [Line Items]
Operating Loss Carryforwards, Expiration Date			Jan. 1, 2031
Minimum | State and Local Jurisdiction [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards, Expiration Date			Jan. 1, 2020

Income Taxes - Income before In

Income Taxes - Income before Income Tax, Domestic and Foreign (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Domestic	$ 61.9	$ 60.5	$ (59.2)
Foreign	1.7	8.3	(5.2)
Income (loss) before income taxes	$ 63.6	$ 68.8	$ (64.4)

Income Taxes - Summary of Provi

Income Taxes - Summary of Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current:
Federal	$ (1.4)	$ 2.2	$ 2
Foreign	3.5	1.9	5
State and local	3.7	5.5	(3.3)
Total current	5.8	9.6	3.7
Deferred:
Federal	15.9	(7)	(214.9)
Foreign	0.4	(1.9)	(4.6)
State and local	(6)	(1)	(8.9)
Total deferred	10.3	(9.9)	(228.4)
Total income tax provision (benefit)	$ 16.1	$ (0.3)	$ (224.7)

Income Taxes - Schedule of U.S.

Income Taxes - Schedule of U.S. and Foreign Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Employee benefit plans	$ 5.5	$ 6.8
Tax credit carryforwards	2.1	4.2
Right-of-use assets	54.7
Accrued expenses	35	34.9
Net operating loss carryforwards	122.9	101.8
Total deferred tax assets	220.2	147.7
Less: valuation allowance	(9)	(5.8)
Total net deferred tax assets	211.2	141.9
Deferred tax liabilities:
Deferred state gain		(6.3)
Deferred Tax Liabilities, Leasing Arrangements	(53.2)
Outside basis difference in foreign subsidiaries	(2)	(3.4)
Depreciation on tangible assets	(545.7)	(512.5)
Intangible assets	(69.6)	(67.8)
Total deferred tax liabilities	(670.5)	(590)
Net deferred tax liability	$ (459.3)	$ (448.1)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Statutory and Effective Tax Rates (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Contingency [Line Items]
Income tax (benefit) provision at statutory rate	$ 13.3	$ 14.4	$ (22.5)
Foreign taxes	0.9	0.9	1.9
State and local income taxes, net of federal income tax	(3.7)	3.6	2.6
Federal and foreign	3.1	1.1	0.5
Enactment of the 2017 Tax Act	0	20.8	207.1
Finalization of estimates from Spin-Off	0	0	(0.9)
Change in valuation allowance	2.6	(1.5)	1.1
Outside basis difference in foreign subsidiaries	(0.9)	0.9	0
All other items, net	0.8	1.1	(0.3)
Total income tax provision (benefit)	$ 16.1	$ (0.3)	$ (224.7)

Income Taxes Summary of the key

Income Taxes Summary of the key provisions of the 2017 Tax Act (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount			$ 0	$ (20.8)	$ (207.1)
Tax Cuts and Jobs Act, Incomplete Accounting, Change in Tax Rate, Deferred Tax Asset, Provisional Income Tax Expense				14.3	(245.2)
Net income tax benefit related to toll charge as a result tax rate change	$ 6	$ 14.8	$ 0	$ (35.1)
Tax Cuts and Jobs Act, Incomplete Accounting, Transition Tax for Accumulated Foreign Earnings, Provisional Liability					$ 38.1
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			35.00%	21.00%
Minimum | State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Expiration Date			Jan. 1, 2020
Minimum | Federal
Operating Loss Carryforwards, Expiration Date			Jan. 1, 2031

Leases - Minimum Obligations Un

Leases - Minimum Obligations Under Operating Lease Agreements (Details) $ in Millions	Dec. 31, 2019USD ($)
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	$ 37.3
Lessee, Operating Lease, Liability, Payments, Due Year Two	35.8
Lessee, Operating Lease, Liability, Payments, Due Year Three	31
Lessee, Operating Lease, Liability, Payments, Due Year Four	26.9
Lessee, Operating Lease, Liability, Payments, Due Year Five	24.2
After 2025	96.2
Total lease payments	251.4
Less: Interest	38.7
Present value of lease liabilities	$ 212.7

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Variable Lease, Cost	$ 4.3
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	316.6	$ 298.3
Short-term Lease, Cost	$ 54.6
Maximum
Remaining Lease Term	15 years
Lessee, Finance Lease, Renewal Term	20 years
FinanceLeaseAsset [Member]
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 46.2
2019 Plan [Member]
Operating Lease, Impairment Loss	4.8
Impairment of Leasehold	0.7
Severance Costs	$ 2.2

Leases - Future Minimum Capital

Leases - Future Minimum Capital Lease Payments (Details) $ in Millions	Dec. 31, 2019USD ($)
Leases [Abstract]
Finance Lease, Liability, Payments, Remainder of Fiscal Year	$ 23.2
Finance Lease, Liability, Payments, Due Year Two	7.1
Finance Lease, Liability, Payments, Due Year Three	6.9
Finance Lease, Liability, Payments, Due Year Four	6.5
Finance Lease, Liability, Payments, Due Year Five	6
Finance Lease, Liability, Payments, Due after Year Five	11
Finance Lease, Liability, Payment, Due	60.7
Finance Lease, Liability, Undiscounted Excess Amount	4.5
Finance Lease, Liability	$ 56.2

Leases Lease Tables (Details)

Leases Lease Tables (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Operating Lease, Payments	$ 37.9
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	76.3
Operating Lease, Cost	100.1
Finance Lease, Right-of-Use Asset, Amortization	12.5
Finance Lease, Interest Expense	1.7
Sublease Income	67.2
Lease, Cost	47.1
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	39.1
Finance Lease, Interest Payment on Liability	1.7
Finance Lease, Principal Payments	$ 14.2

Leases Leases Assets (Details)

Leases Leases Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Operating Lease, Payments	$ 37.9
Right-of-use lease assets	207.3	$ 0
Finance Lease, Right-of-Use Asset	56.6
Operating Lease and Finance Lease, Right-of-Use Asset	263.9
Current maturities of operating lease liabilities	30.5	0
Finance Lease, Liability, Current	21.8
Operating lease liabilities	182.2	$ 0
Finance Lease, Liability, Noncurrent	34.4
OperatingLeaseandFinanceLeaseLiability	$ 268.9
Operating Lease, Weighted Average Remaining Lease Term	8 years 7 months 6 days
Finance Lease, Weighted Average Remaining Lease Term	5 years 9 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent	3.89%
Finance Lease, Interest Payment on Liability	$ 1.7
Finance Lease, Principal Payments	$ 14.2

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Changes in AOCI (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 572.7	$ 510.4	$ 317.7
Total other comprehensive income (loss)	12.7	(21.6)	20.1
Ending balance	644.3	572.7	510.4
Pension and Other Post-Employment Benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(18.7)	(13.5)
Other comprehensive income before reclassification	3.3	(5.6)
Amounts reclassified from accumulated other comprehensive loss	(0.6)	2.9
Adoption of new accounting pronouncement (Note 2)		2.5
Total other comprehensive income (loss)	2.7	(5.2)
Ending balance	(16)	(18.7)	(13.5)
Unrealized Gains on Hedging Instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	2.7	1.3
Other comprehensive income before reclassification	(1.5)	1.1
Amounts reclassified from accumulated other comprehensive loss	0
Adoption of new accounting pronouncement (Note 2)		(0.3)
Total other comprehensive income (loss)	(1.5)	1.4
Ending balance	1.2	2.7	1.3
Foreign Currency Items
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(106.4)	(86.4)
Other comprehensive income before reclassification	11.5	(20)
Amounts reclassified from accumulated other comprehensive loss	0	0
Adoption of new accounting pronouncement (Note 2)		0
Total other comprehensive income (loss)	11.5	(20)
Ending balance	(94.9)	(106.4)	(86.4)
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(122.4)	(98.6)	(118.7)
Other comprehensive income before reclassification	13.3	(24.5)
Amounts reclassified from accumulated other comprehensive loss	(0.6)	2.9
Adoption of new accounting pronouncement (Note 2)		2.2
Total other comprehensive income (loss)	12.7	(23.8)	20.1
Ending balance	$ (109.7)	$ (122.4)	$ (98.6)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Reclassification out of AOCI (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Selling, general and administrative									$ (294.8)	$ (311.3)	$ (319.1)
Total	$ 53.2	$ 5.2	$ 15	$ 9.8	$ 38.3	$ 45.2	$ 0.5	$ 15.2	63.6	68.8	(64.4)
Tax expense (benefit)									16.1	(0.3)	(224.7)
Total reclassifications for the period	$ (35.1)	$ (9.4)	$ (9.7)	$ (6.7)	$ (33.3)	$ (46.2)	$ (0.3)	$ (10.1)	(47.5)	(69.1)	(160.3)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total									1.9	1.9	2.3
Tax expense (benefit)											(1.2)
Total reclassifications for the period									(0.6)	(2.9)	(1.1)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of actuarial losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Selling, general and administrative									(1.1)	(0.7)	(1.4)
Reclassification out of Accumulated Other Comprehensive Income | Settlement loss
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Selling, general and administrative									(0.8)	1.2	$ (0.9)
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax expense (benefit)									$ 2.5	$ (1)

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded to Other Party		$ 16
Accrued environmental liabilities		0.2	$ 0.1
Guarantor Obligations, Maximum Exposure, Undiscounted		$ 6.3
THC
Loss Contingencies [Line Items]
Related party indemnification percentage	15.00%

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Debt Obligations (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Fair Value | Level 2
Fair Value of Financial Instruments [Abstract]
2022 Notes and 2024 Notes	$ 1,265	$ 901.2
Carrying Value
Fair Value of Financial Instruments [Abstract]
2022 Notes and 2024 Notes	$ 1,200	$ 864.5

Equity and Earnings (Loss) Pe_3

Equity and Earnings (Loss) Per Share - Computation of Basic and Diluted Earnings (Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								9 Months Ended	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Numerator:
Net income	$ 35.1	$ 9.4	$ 9.7	$ 6.7	$ 33.3	$ 46.2	$ 0.3	$ 10.1		$ 47.5	$ 69.1	$ 160.3
Denominator:
Basic weighted average common shares										28.7	28.4	28.3
Stock options, RSUs and PSUs										0.4	0.5	0.3
Weighted average shares used to calculate diluted earnings (loss) per share										29.1	28.9	28.6
Earnings per share:
Basic	$ 1.22	$ 0.33	$ 0.34	$ 0.23	$ 1.17	$ 1.62	$ 0.01	$ 0.36		$ 1.66	$ 2.43	$ 5.66
Diluted	$ 1.20	$ 0.32	$ 0.33	$ 0.23	$ 1.16	$ 1.60	$ 0.01	$ 0.36		$ 1.63	$ 2.39	$ 5.60
Antidilutive stock options, RSUs and PSUs
Earnings per share:
Antidilutive stock options, RSUs and PSUs (in shares)									0.2	0.3			0.4
Retained Earnings (Accumulated Deficit)
Numerator:
Net income										$ 47.5	$ 69.1	$ 160.3

Related Party Transactions - Sc

Related Party Transactions - Schedule of Costs Incurred and Allocated (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Direct operating	$ 771.1	$ 785.2	$ 718.9
Selling, general and administrative	294.8	311.3	319.1
Total expenses	$ 1,935.4	$ 1,907.9	$ 1,818.9

Related Party Transactions - Ag

Related Party Transactions - Agreements with Carl Icahn (Details) - Nomination and Standstill Agreement - Icahn Group - shares	Sep. 15, 2014	Sep. 30, 2019
Related Party Transaction [Line Items]
Ownership percentage limit (no more than)	20.00%
Net long position shares held, tranche one (in shares)		1,900,000

Arrangements With New Hertz Nar

Arrangements With New Hertz Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
THC | Transition Services Agreement [Member]
Related Party Transaction [Line Items]
Costs and Expenses, Related Party	$ 6.3	$ 18.4

Segment Information - Narrative

Segment Information - Narrative (Details)	12 Months Ended
	Dec. 31, 2017segment
Segment Reporting [Abstract]
Number of reportable segments	1

Segment Information - Schedule

Segment Information - Schedule of Geographical Information for Long-Lived Assets (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	$ 3,817	$ 3,610.2
Rental equipment, net	2,490	2,504.7
Property and equipment, net	311.8	282.5
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	3,360.4	3,182.7
Rental equipment, net	2,254.2	2,248.3
Property and equipment, net	291.5	256.3
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Assets	456.6	427.5
Rental equipment, net	235.8	256.4
Property and equipment, net	$ 20.3	$ 26.2

Segment Information Revenue (De

Segment Information Revenue (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Revenues	$ 540.1	$ 508.1	$ 475.1	$ 475.7	$ 543.7	$ 516.2	$ 485.5	$ 431.3	$ 1,999	$ 1,976.7	$ 1,754.5
Property and equipment, net	311.8				282.5				311.8	282.5
United States
Segment Reporting Information [Line Items]
Revenues									1,796.6	1,757.8	1,548.1
Property and equipment, net	291.5				256.3				291.5	256.3
International
Segment Reporting Information [Line Items]
Revenues									202.4	218.9	$ 206.4
Property and equipment, net	$ 20.3				$ 26.2				$ 20.3	$ 26.2

Quarterly Financial Informati_3

Quarterly Financial Information (Unaudited) - Narrative (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jul. 09, 2019
Effect of Fourth Quarter Events [Line Items]
Restructuring									$ 7.7	$ 5	$ 2
Net income tax benefit related to toll charge as a result tax rate change					$ 6	$ 14.8			0	(35.1)
Revenues	$ 540.1	$ 508.1	$ 475.1	$ 475.7	543.7	516.2	$ 485.5	$ 431.3	1,999	1,976.7	1,754.5
Net income	35.1	9.4	$ 9.7	$ 6.7	33.3	$ 46.2	$ 0.3	$ 10.1	47.5	69.1	160.3
Loss on extinguishment of debt		$ 53.6								5.4	11.4
Impairment	$ 4								5.1	0.1	29.7
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount									$ 0	(20.8)	(207.1)
Senior Secured Second Priority Notes | 2022 Notes
Effect of Fourth Quarter Events [Line Items]
Principal amount redeemed											183	$ 427
Senior Secured Second Priority Notes | 2024 Notes
Effect of Fourth Quarter Events [Line Items]
Principal amount redeemed					$ 123.5					$ 123.5	$ 187.5	$ 437.5

Quarterly Financial Informati_4

Quarterly Financial Information (Unaudited) Selected Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 540.1	$ 508.1	$ 475.1	$ 475.7	$ 543.7	$ 516.2	$ 485.5	$ 431.3	$ 1,999	$ 1,976.7	$ 1,754.5
Income (loss) before income taxes	(53.2)	(5.2)	(15)	(9.8)	(38.3)	(45.2)	(0.5)	(15.2)	(63.6)	(68.8)	64.4
Earnings per share:	$ (35.1)	$ (9.4)	$ (9.7)	$ (6.7)	$ (33.3)	$ (46.2)	$ (0.3)	$ (10.1)	$ (47.5)	$ (69.1)	$ (160.3)
Basic	$ (1.22)	$ (0.33)	$ (0.34)	$ (0.23)	$ (1.17)	$ (1.62)	$ (0.01)	$ (0.36)	$ (1.66)	$ (2.43)	$ (5.66)
Diluted	$ (1.20)	$ (0.32)	$ (0.33)	$ (0.23)	$ (1.16)	$ (1.60)	$ (0.01)	$ (0.36)	$ (1.63)	$ (2.39)	$ (5.60)

Schedule II - Valuation of Qual

Schedule II - Valuation of Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Receivables Allowance
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Beginning Balance	$ 21.5	$ 26.9	$ 24.9
Provisions	48.2	57.8	52.4
Translation Adjustments	0.1	(0.2)	0.3
Deductions	(51)	(63)	(50.7)
Ending Balance	18.8	21.5	26.9
Tax Valuation Allowances
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Beginning Balance	5.8	7.6	4.5
Provisions	4.4	0.3	2.8
Translation Adjustments	0	(0.3)	0.3
Deductions	(1.2)	(1.8)	0
Ending Balance	$ 9	$ 5.8	$ 7.6

Uncategorized Items - herc2019f

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 31,000,000