7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2007-06-30 2007-03-31 
      
    		                                                   
      cash flows from operating activities:
    		                                                   
      net income
    		30,000,000 -35,000,000 -18,000,000 -46,000,000 122,000,000 70,000,000 65,000,000 91,000,000 113,000,000 76,000,000 67,000,000 97,800,000 101,400,000 72,200,000 58,500,000 71,800,000 72,300,000 47,100,000 32,900,000 35,500,000 39,900,000 2,000,000 -3,700,000 35,100,000 9,400,000 9,700,000 -6,700,000 33,300,000 46,200,000 -300,000 -10,100,000 214,300,000 12,800,000 -27,600,000 -39,200,000 -13,200,000 3,000,000 41,500,000 -51,000,000 70,000,000 250,000,000 23,000,000 -70,000,000 -7,900,000 214,700,000 121,437,000 17,963,000 -36,396,000 258,366,000 83,675,000 -62,566,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                   
      depreciation of rental equipment
    		246,000,000 195,000,000 172,000,000 180,000,000 174,000,000 165,000,000 160,000,000 163,000,000 167,000,000 161,000,000 152,000,000 146,800,000 139,600,000 130,200,000 119,300,000 113,800,000 105,400,000 101,100,000 100,400,000 100,200,000 101,900,000 101,400,000 100,400,000 105,500,000 102,700,000 100,900,000 100,000,000 98,900,000                        
      depreciation of property and equipment
    		30,000,000 25,000,000 22,000,000 22,000,000 21,000,000 20,000,000 19,000,000 18,000,000 19,000,000 17,000,000 17,000,000 16,800,000 16,300,000 15,600,000 14,800,000 14,700,000 14,000,000 13,500,000 13,400,000 13,300,000 13,500,000 13,700,000 14,000,000 14,700,000 13,100,000 12,900,000 13,300,000 13,700,000 12,800,000 12,700,000 12,700,000 12,800,000 11,900,000 11,600,000 10,500,000 10,600,000 10,500,000       55,600,000 47,900,000 50,476,000 51,324,000 47,450,000 34,134,000 45,298,000 45,700,000 
      amortization of intangible assets
    		40,000,000 20,000,000 11,000,000 13,000,000 12,000,000 10,000,000 10,000,000 11,000,000 10,000,000 11,000,000 9,000,000 9,200,000 9,200,000 7,100,000 5,900,000 4,400,000 3,100,000 2,500,000 2,400,000 2,200,000 2,000,000 2,000,000 1,800,000 1,800,000 1,800,000 1,700,000 1,700,000 1,800,000 1,500,000 1,000,000 1,100,000 1,000,000 1,500,000 1,000,000 1,200,000                 
      amortization of deferred debt and financing obligations costs
    		3,000,000 2,000,000 1,000,000 2,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 900,000 800,000 800,000 800,000 800,000 800,000 800,000 800,000 800,000 900,000 800,000 900,000 900,000 1,000,000 1,700,000 1,600,000 1,600,000 1,600,000 1,600,000 1,500,000                     
      stock-based compensation charges
    		16,000,000 6,000,000 6,000,000 1,000,000 7,000,000 4,000,000 5,000,000 3,000,000 6,000,000 5,000,000 4,000,000 7,200,000 8,600,000 5,100,000 6,200,000 5,400,000 5,500,000 7,100,000 5,300,000 6,100,000 5,400,000 1,700,000 3,200,000 7,000,000 4,300,000 4,300,000 3,900,000 3,500,000 3,300,000 3,800,000 2,800,000 2,600,000 3,000,000 3,000,000 1,500,000 1,700,000 1,100,000 -3,300,000 6,000,000 3,000,000 5,000,000 5,000,000 4,000,000 2,300,000 12,800,000 11,716,000 7,984,000 7,995,000    
      benefit from receivables allowances
    		27,000,000 17,000,000 14,000,000  20,000,000 16,000,000 12,000,000  19,000,000 17,000,000 13,000,000  14,200,000 11,200,000 9,300,000  6,300,000 6,400,000 7,900,000  4,700,000 11,200,000 12,300,000  15,000,000 12,900,000 12,300,000                         
      loss on assets held for sale
    		-1,000,000                                                   
      deferred taxes
    		60,000,000 -29,000,000 -29,000,000 2,000,000 37,000,000 11,000,000 9,000,000 48,000,000 21,000,000 17,000,000 3,000,000 5,900,000 34,800,000 37,900,000 5,200,000 16,000,000 21,100,000 10,100,000 6,200,000 -800,000 11,700,000 200,000 800,000 16,300,000 -4,300,000 2,000,000 -3,300,000 -4,100,000 -2,100,000 800,000 -5,100,000 -196,900,000 5,800,000 -22,200,000 -15,100,000 3,300,000                
      gain on sale of rental equipment
    		-17,000,000 -20,000,000 -29,000,000 -29,000,000 -15,000,000 -20,000,000 -23,000,000 -17,000,000 -25,000,000 -27,000,000 -25,000,000 -17,200,000 -5,300,000 -5,200,000 -9,200,000     3,500,000 1,000,000 -1,800,000 2,400,000 2,000,000 1,300,000 -1,300,000 -1,600,000                         
      other
    		6,000,000   2,000,000 4,000,000 3,000,000 3,000,000 0 -2,000,000 1,000,000 2,000,000 300,000 1,100,000 400,000 1,000,000 -500,000 500,000   500,000 -1,500,000 2,600,000 3,100,000 -7,100,000 1,900,000 100,000 3,600,000 -5,800,000 3,800,000 3,500,000 2,300,000 3,700,000 1,400,000 -900,000 1,600,000 3,500,000 1,900,000 6,100,000 -6,000,000 -3,000,000 -3,000,000 0 -4,000,000         
      changes in assets and liabilities, net of effects from acquisitions:
    		                                                   
      receivables
    		-62,000,000 -17,000,000 20,000,000 14,000,000 -54,000,000 -15,000,000 -7,000,000 -19,000,000 -55,000,000 -37,000,000 13,000,000 -16,400,000 -72,500,000 -59,500,000 -23,500,000 -11,500,000 -53,400,000 -21,300,000 -6,500,000 -10,100,000 -46,800,000 26,300,000 6,000,000 -1,300,000 -24,300,000 -16,400,000 3,700,000 16,800,000 -45,300,000 -21,200,000 19,800,000 -33,000,000 -66,900,000 -34,100,000 2,400,000 -18,800,000 -30,300,000 38,900,000 -49,000,000 44,000,000 62,000,000 -151,000,000 -13,000,000 130,400,000 62,300,000 -194,189,000 -33,211,000 74,604,000 -501,592,000 45,344,000 223,912,000 
      other assets
    		-5,000,000 6,000,000 -20,000,000 -21,000,000 -14,000,000 15,000,000 -6,000,000 -19,000,000 -4,000,000 3,000,000 -2,000,000 -5,000,000 -3,300,000 1,100,000 -8,500,000 -3,500,000 -6,100,000 800,000 -600,000 -3,500,000 -1,800,000 800,000 -3,400,000 1,300,000 -10,300,000 10,800,000 2,300,000                         
      accounts payable
    		16,000,000 12,000,000 -18,000,000 -15,000,000 4,000,000 15,000,000 -2,000,000 -3,000,000 16,000,000 -14,000,000 8,000,000 -21,000,000 21,400,000 -14,000,000 -8,800,000 15,200,000 1,500,000 3,100,000 3,100,000 -4,500,000 14,200,000 -4,700,000 -11,400,000 -11,300,000 -13,300,000 14,000,000 -2,300,000 1,800,000 -14,100,000 10,900,000 -300,000 -6,600,000 12,200,000 -19,200,000 3,600,000 -15,900,000 38,300,000 -6,200,000 -7,000,000 -5,000,000 -68,000,000 39,000,000 18,000,000 -69,200,000 7,100,000 47,011,000 38,289,000 -33,216,000 -711,514,000 292,682,000 501,944,000 
      accrued liabilities and other long-term liabilities
    		-31,000,000 5,000,000 39,000,000 -10,000,000 17,000,000 23,000,000 -6,000,000 -3,000,000 -6,000,000 50,000,000 -27,000,000 47,100,000 -2,000,000 13,000,000 -28,000,000 8,600,000 7,200,000 25,300,000 -24,800,000 34,600,000 -1,500,000 19,500,000 -31,200,000 16,400,000 16,700,000 -17,300,000 2,900,000 7,300,000 20,000,000 -18,400,000 8,700,000 -3,500,000 26,200,000 -21,100,000 17,800,000 -21,400,000 36,300,000               
      net cash from operating activities
    		358,000,000 241,000,000 171,000,000 331,000,000 336,000,000 318,000,000 240,000,000 290,000,000 280,000,000 281,000,000 235,000,000 293,500,000 264,300,000 215,900,000 143,000,000 240,800,000 175,300,000 193,200,000 134,700,000 186,900,000 143,600,000 178,900,000 101,500,000 194,400,000 168,600,000 141,400,000 131,200,000 184,100,000 142,100,000 103,700,000 129,200,000 91,800,000 127,300,000 36,400,000 86,200,000 62,500,000 162,800,000 -368,900,000 577,000,000 649,000,000 1,232,000,000 669,000,000 782,000,000 738,000,000 1,393,000,000 715,046,000 743,554,000 588,035,000 -72,578,000 1,077,759,000 1,124,767,000 
      capex
    		0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,000,000 0 20,000,000 -27,000,000 -3,000,000 0 71,000,000 16,100,000 -19,100,000 -101,000 58,701,000 -18,712,000 0 0 0 
      free cash flows
    		358,000,000 241,000,000 171,000,000 331,000,000 336,000,000 318,000,000 240,000,000 290,000,000 280,000,000 281,000,000 235,000,000 293,500,000 264,300,000 215,900,000 143,000,000 240,800,000 175,300,000 193,200,000 134,700,000 186,900,000 143,600,000 178,900,000 101,500,000 194,400,000 168,600,000 141,400,000 131,200,000 184,100,000 142,100,000 103,700,000 129,200,000 91,800,000 127,300,000 36,400,000 86,200,000 62,500,000 163,800,000 -368,900,000 597,000,000 622,000,000 1,229,000,000 669,000,000 853,000,000 754,100,000 1,373,900,000 714,945,000 802,255,000 569,323,000 -72,578,000 1,077,759,000 1,124,767,000 
      cash flows from investing activities:
    		                                                   
      rental equipment expenditures
    		-414,000,000 -234,000,000 -187,000,000 -295,000,000 -285,000,000 -287,000,000 -181,000,000 -220,000,000 -397,000,000 -371,000,000 -332,000,000 -327,300,000 -285,900,000 -268,500,000 -286,800,000 -146,800,000 -207,700,000 -148,400,000 -90,900,000 -70,900,000 -111,700,000 -78,500,000 -83,000,000 -131,700,000 -249,600,000 -174,500,000 -82,600,000 -153,900,000                        
      proceeds from disposal of rental equipment
    		123,000,000 89,000,000 94,000,000 90,000,000 73,000,000 64,000,000 61,000,000 94,000,000 100,000,000 82,000,000 49,000,000 54,500,000 19,800,000 18,000,000 28,800,000 20,800,000 15,100,000 30,700,000 40,300,000 78,400,000 46,200,000 33,300,000 34,600,000 67,300,000 33,200,000 54,100,000 69,600,000 83,200,000                        
      non-rental capital expenditures
    		-43,000,000 -47,000,000 -33,000,000 -34,000,000 -56,000,000 -41,000,000 -30,000,000 -37,000,000 -42,000,000 -44,000,000 -33,000,000 -22,000,000 -54,200,000 -14,600,000 -12,900,000 -16,900,000 -10,200,000 -7,500,000 -13,400,000 -9,400,000 -6,500,000 -10,000,000 -15,500,000 -22,000,000 -14,400,000 -9,100,000 -11,400,000 -19,100,000 -25,300,000 -18,800,000 -14,400,000 -17,500,000 -31,100,000 -8,100,000 -17,900,000                 
      proceeds from disposal of property and equipment
    		6,000,000 5,000,000 4,000,000 4,000,000 2,000,000 2,000,000 2,000,000 4,000,000 5,000,000 3,000,000 3,000,000 3,000,000 1,200,000 1,100,000 2,200,000 1,200,000 1,000,000 600,000 1,800,000 2,400,000 2,000,000 600,000 1,600,000 2,700,000 900,000 3,200,000 900,000 5,800,000 1,500,000 1,200,000 1,200,000 3,100,000 1,100,000 1,200,000 500,000 1,600,000 1,300,000      22,000,000 10,700,000 19,800,000 19,044,000 23,456,000 43,050,000 70,257,000 14,955,000 9,432,000 
      acquisitions, net of cash acquired
    		-5,000,000 -4,240,000,000 -11,000,000 -33,000,000 -277,000,000 -142,000,000 -148,000,000 -98,000,000 -60,000,000 -134,000,000 -138,000,000 -74,300,000 -123,800,000 -244,100,000 -73,000,000 -205,800,000                        0 0 1,000,000 -96,000,000 -27,100,000 2,300,000 -226,416,000 -2,784,000 -1,708,429,000    
      proceeds from disposal of business
    		                   9,200,000 0                           72,806,000    
      net cash from investing activities
    		-234,000,000 -4,427,000,000 -133,000,000 -268,000,000 -543,000,000 -404,000,000 -296,000,000 -257,000,000 -394,000,000 -479,000,000 -451,000,000 -366,100,000 -442,900,000 -526,100,000 -346,700,000 -347,500,000 -409,100,000 -142,500,000 -62,200,000 -35,900,000 -70,000,000 -39,300,000 -62,300,000 -87,900,000 -227,800,000 -124,400,000 -23,500,000 -84,000,000 -281,800,000 -158,400,000 -42,800,000 -113,900,000 -189,300,000 -72,300,000 -27,500,000 -157,900,000 -163,700,000 340,200,000 -417,000,000 349,000,000 42,000,000 -1,990,000,000 -1,166,000,000 196,800,000 -771,500,000 -2,331,783,000 -932,317,000 -1,491,101,000    
      cash flows from financing activities:
    		                                                   
      proceeds from issuance of long-term debt
    		0   0 0                   0            0 0 235,000,000 1,000,000,000 600,000,000 7,000,000   567,200,000 3,100,000 2,818,000 1,201,582,000 1,954,898,000 277,841,000 2,441,000 2,100,000 
      proceeds from revolving lines of credit and securitization
    		567,000,000 2,841,000,000 520,000,000 478,000,000 690,000,000 455,000,000 385,000,000 372,000,000 465,000,000 650,000,000 640,000,000 538,000,000 1,207,000,000 527,800,000 345,000,000 648,700,000 317,900,000 95,000,000 70,000,000 55,000,000 85,000,000 127,000,000 261,000,000 95,700,000 881,200,000 190,800,000 62,300,000 86,700,000                        
      repayments on revolving lines of credit and securitization
    		-654,000,000 -2,084,000,000 -561,000,000 -578,000,000 -388,000,000 -1,131,000,000 -302,000,000 -371,000,000 -297,000,000 -372,000,000 -347,000,000 -388,000,000 -942,000,000 -167,800,000 -118,400,000 -525,000,000 -80,000,000 -140,000,000 -135,000,000 -230,000,000 -187,000,000 -236,000,000 -271,700,000 -199,300,000 -1,091,000,000 -201,800,000 -172,700,000 -179,500,000                        
      principal payments under finance lease and financing obligations
    		-6,000,000 -5,000,000 -5,000,000 -4,000,000 -5,000,000 -5,000,000 -5,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -3,400,000 -3,900,000 -3,700,000 -3,900,000                                     
      payment of debt issuance costs
    		-1,000,000    0                               0 -400,000               
      dividends paid
    		-23,000,000 -20,000,000 -21,000,000 -19,000,000 -19,000,000 -19,000,000 -20,000,000 -17,000,000 -18,000,000 -18,000,000 -20,000,000 -16,600,000 -17,200,000 -17,200,000 -17,100,000                                     
      net settlement on vesting of equity awards
    		-1,000,000 0 -7,000,000 0 0 0 -12,000,000 0 0 0 -25,000,000 -200,000 -100,000 -200,000 -15,000,000 -300,000 -500,000 -1,100,000 -7,100,000 0 -200,000 -300,000 -2,500,000 0 -1,800,000 -100,000 -1,800,000 0 0 -1,000,000 -100,000      0               
      proceeds from employee stock purchase plan
    		2,000,000 1,000,000 1,000,000 2,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 800,000 800,000 800,000 600,000 600,000 600,000 600,000 500,000 600,000 600,000 600,000 600,000 700,000 500,000 600,000 500,000 500,000 400,000 400,000 400,000           1,300,000 1,400,000 1,198,000 1,202,000 1,089,000    
      proceeds from exercise of stock options
    		   0 0 1,000,000 1,000,000 0 1,000,000 1,000,000 1,000,000 100,000    500,000 0 200,000 1,500,000 4,100,000    100,000 300,000                   5,300,000 3,000,000 14,385,000 4,215,000 3,987,000    
      net cash from financing activities
    		-116,000,000 4,191,000,000 -73,000,000 -121,000,000 279,000,000 93,000,000 48,000,000 -33,000,000 148,000,000 195,000,000 202,000,000 69,000,000 184,000,000 339,700,000 191,400,000 106,700,000 234,900,000 -49,200,000 -72,800,000 -173,900,000 -103,400,000 -112,900,000 -15,800,000 -108,200,000 66,100,000 -13,800,000 -111,200,000 -90,000,000 113,100,000 57,100,000 -84,400,000   23,200,000 -58,500,000 55,900,000 10,300,000 -303,900,000 199,000,000 -1,011,000,000 -1,298,000,000 1,270,000,000 499,000,000 -1,074,200,000 -562,400,000 1,446,651,000 316,849,000 978,265,000 543,303,000   
      effect of foreign exchange rate changes on cash and cash equivalents
    		           200,000 -600,000   -100,000 -500,000 200,000 200,000 2,100,000 400,000 700,000 -600,000 200,000 -300,000 200,000 200,000     0 800,000 400,000 100,000 -800,000 -100,000 -11,500,000 12,000,000 -10,000,000 -4,000,000 3,000,000 -20,000,000  6,500,000 -642,000 -7,558,000 4,695,000    
      net change in cash and cash equivalents during the period
    		8,000,000 5,000,000 -35,000,000 -59,000,000 72,000,000 7,000,000 -8,000,000 0 34,000,000 -3,000,000 -14,000,000 -3,400,000 4,800,000 29,300,000 -12,300,000                                     
      cash and cash equivalents at beginning of period
    		0 0 83,000,000 0 0 0 71,000,000 0 0 0 54,000,000 0 0 0 35,100,000                 0 0 0 24,000,000 0 0 -470,300,000 486,000,000 0 0 0 490,000,000 12,200,000 0 45,000 533,255,000 0    
      cash and cash equivalents at end of period
    		8,000,000 5,000,000 48,000,000 -59,000,000 72,000,000 7,000,000 63,000,000 0 34,000,000 -3,000,000 40,000,000 -3,400,000 4,800,000 29,300,000 22,800,000 -100,000 600,000 1,700,000 32,900,000 -20,800,000 -29,400,000 27,400,000 55,800,000  6,600,000 3,400,000 24,500,000     22,400,000 7,100,000 -12,300,000 24,300,000 -40,300,000 9,300,000 -814,400,000 857,000,000 -23,000,000 -28,000,000 -48,000,000 585,000,000 -125,500,000 65,600,000 -170,683,000 653,783,000 79,894,000    
      supplemental disclosure of cash flow information:
    		                                                   
      cash paid for interest
    		83,000,000 53,000,000 66,000,000 64,000,000 71,000,000 45,000,000 78,000,000 46,000,000 75,000,000 37,000,000 63,000,000 22,000,000 46,500,000 7,700,000 37,900,000 4,700,000 37,200,000 3,900,000 36,900,000   6,100,000 41,500,000   46,300,000 15,300,000 39,100,000 28,700,000 49,800,000 11,700,000 56,800,000                    
      cash paid for income taxes
    		1,000,000 15,000,000 2,000,000 0 3,000,000 6,000,000 3,000,000 9,000,000 17,000,000 3,000,000 1,000,000 5,800,000 6,200,000 5,200,000 4,900,000 9,500,000 2,500,000 3,200,000 7,600,000 1,000,000 1,400,000    -2,900,000     7,200,000 3,500,000                     
      supplemental disclosure of non-cash investing activity:
    		                                                   
      purchases of rental equipment in accounts payable
    		19,000,000   -96,000,000 83,000,000     29,000,000 18,000,000 -200,000 31,400,000   61,900,000 3,300,000 39,400,000 24,500,000 -9,000,000 -20,900,000 9,300,000 24,600,000  -77,900,000 116,300,000 25,400,000                         
      non-rental capital expenditures in accounts payable
    		-4,000,000 -1,000,000 7,000,000 -3,000,000 -12,000,000 12,000,000 5,000,000   -1,000,000 3,000,000 11,100,000 -12,900,000           -4,500,000     2,000,000 3,300,000 300,000  -11,900,000                   
      disposal of rental equipment in accounts receivable
    		19,000,000 8,000,000 4,000,000  3,000,000 -4,000,000 5,000,000   3,000,000 15,000,000        400,000    1,900,000                             
      supplemental disclosure of non-cash investing and financing activity:
    		                                                   
      issuance of common stock for h&e acquisition
    		0                                                   
      equipment acquired through finance lease
    		7,000,000 0 3,000,000 13,000,000 1,000,000 0 3,000,000 9,000,000 11,000,000 1,000,000 3,000,000 11,300,000 5,700,000 6,300,000 800,000                                     
      changes in assets and liabilities:
    		                                                   
      benefit from receivables allowance
    		                           16,800,000 16,900,000 14,000,000 10,100,000 13,000,000 17,500,000 11,300,000 10,600,000 20,000,000 6,300,000 -4,900,000 23,000,000 1,000,000 19,000,000           
      other investing activities
    		       0 0   0 0 -18,000,000 -5,000,000                             1,400,000 -800,000 -1,531,000 -469,000 -379,000    
      payment of debt financing costs
    		           0                                        
      repurchase of common stock
    		       -13,000,000 0 -63,000,000 -44,000,000 -61,900,000                                        
      supplemental disclosures of cash flow information:
    		                                                   
      supplemental disclosures of non-cash investing activity:
    		                                                   
      disposals of rental equipment in accounts receivable
    		                          7,500,000                         
      supplemental disclosures of non-cash investing and financing activity:
    		                                                   
      impairment
    		               2,800,000 0   5,900,000 0 3,200,000 6,300,000     0 0   400,000 0                   
      loss on extinguishment of debt
    		                       0                    7,200,000        
      restructuring
    		                       0 0                           
      repayments of long-term debt
    		                       0    0    -123,500,000 0 0 -123,500,000    -185,000,000 -193,000,000 -68,000,000 -5,000,000 -1,027,000,000         
      proceeds from financing obligations
    		                       0 0 0 4,700,000                         
      debt redemption premium payment
    		                       0                            
      payment of financing obligation and debt financing costs
    		                                                   
      disposals of property and equipment in accounts receivable
    		                          1,100,000                         
      note receivable on disposal of joint venture
    		                       0 0                           
      (gain) loss on sale of rental equipment
    		                -2,900,000 -5,600,000 -5,800,000                                 
      principal payments under capital lease and financing obligations
    		                -3,000,000 -3,900,000 -2,800,000  -3,000,000 -4,200,000 -3,200,000  -3,900,000 -3,800,000 -4,200,000 -3,900,000 -4,200,000 -4,400,000 -4,500,000                     
      net increase in cash and cash equivalents during the period
    		                600,000 1,700,000 -100,000  -29,400,000 27,400,000 22,800,000 -1,500,000 6,600,000 3,400,000 -3,300,000     22,400,000 7,100,000 -12,300,000 300,000 -40,300,000 9,300,000 -344,100,000 371,000,000 -23,000,000 -28,000,000 -48,000,000 95,000,000    120,528,000     
      cash and cash equivalents cash at beginning of period
    		                0 0 33,000,000  0 0 33,000,000  0 0 27,800,000                         
      equipment acquired through finance leases
    		                                                   
      note receivable on disposals
    		                                                   
      acquisitions
    		                                                   
      cash paid for interest, including premium payment
    		                                                   
      notes receivable on disposals
    		                                                   
      cash paid (refunded) for income taxes
    		                      700,000    -1,300,000 1,400,000    -2,400,000                    
      disposal of property and equipment in accounts receivable
    		                                                   
      income from joint ventures
    		                       0 0 -100,000 -200,000 -300,000 -400,000 -400,000 -500,000 -600,000 -600,000 -100,000 -600,000 -200,000 -700,000               
      supplemental disclosures of non-cash financing activity:
    		                                                   
      non-cash settlement of transactions with thc through equity
    		                               -1,600,000 -400,000   -22,300,000 0               
      proceeds from exercise of stock options and other
    		                           0 0 100,000 400,000 500,000     0               
      inventory, prepaid and other assets
    		                           4,000,000 -1,400,000 1,000,000 -1,800,000 4,600,000                    
      debt extinguishment costs
    		                           0                        
      distributions and net transfers to thc
    		                                                   
      net financing activities with affiliates
    		                                   0 0               
      effect of foreign exchange rate changes on cash, cash equivalents and restricted cash
    		                           -300,000 600,000 -1,400,000 -500,000                     
      net increase in cash, cash equivalents and restricted cash during the period
    		                             1,000,000 1,500,000                     
      cash, cash equivalents and restricted cash at beginning of period
    		                           0 0 0 41,500,000                     
      cash, cash equivalents and restricted cash at end of period
    		                           9,800,000 -26,000,000 1,000,000 43,000,000                     
      equipment acquired through capital lease
    		                              100,000 100,000 100,000   0 0               
      net decrease in cash, cash equivalents and restricted cash during the period
    		                                                   
      supplemental disclosure of non-cash financing activity:
    		                                                   
      depreciation of revenue earning equipment
    		                             97,000,000 93,300,000 95,400,000 96,300,000 94,300,000 92,900,000 95,400,000 89,100,000 -525,000,000 691,000,000 643,000,000 680,000,000 678,000,000 689,000,000 597,900,000 652,300,000 623,049,000 571,751,000 537,603,000 566,921,000 496,037,000 467,817,000 
      (gain) loss on sale of revenue earning equipment
    		                             -2,400,000 -5,300,000                     
      revenue earning equipment expenditures
    		                             -218,000,000 -82,500,000 -145,100,000 -195,500,000 -104,600,000 -56,200,000 -142,600,000 -183,200,000 3,484,500,000 -3,627,000,000 -2,648,000,000 -2,019,000,000 -4,553,000,000 -3,438,000,000 -957,400,000 -2,515,500,000 -3,572,520,000 -3,252,980,000 -1,932,221,000    
      proceeds from disposal of revenue earning equipment
    		                             77,200,000 52,900,000 38,500,000 33,000,000 43,900,000 44,700,000 16,400,000 24,800,000 -2,935,800,000 3,010,000,000 2,835,000,000 1,879,000,000 2,620,000,000 2,289,000,000 1,594,900,000 1,926,400,000 1,504,922,000 2,237,878,000 2,309,722,000 510,301,000 2,061,855,000 2,243,218,000 
      proceeds from revolving lines of credit
    		                             135,000,000 51,000,000 156,000,000 126,500,000                   
      repayments on revolving lines of credit
    		                             -73,100,000 -131,600,000 -100,500,000 -55,000,000                   
      purchases of revenue earning equipment in accounts payable
    		                             108,800,000 114,900,000 -83,900,000 -70,200,000 113,900,000 63,000,000 -104,000,000 -43,900,000               
      disposals of revenue earning equipment in accounts receivable
    		                                                   
      gain on disposal of business
    		                                                   
      gain on sale of revenue earning equipment
    		                                   3,900,000 2,600,000               
      net change in restricted cash and cash equivalents
    		                               7,100,000 3,200,000 -4,700,000 1,400,000 -14,700,000 9,200,000 4,100,000 -2,000,000 -69,000,000 140,000,000 -10,000,000 154,000,000 -358,300,000 -125,400,000 32,758,000 142,642,000 -192,304,000    
      purchase of treasury stock
    		                                                   
      capital contributions from affiliates
    		                                                   
      payment of financing obligations and debt financing costs
    		                                                   
      amortization of deferred financing costs
    		                                1,500,000 1,600,000 1,600,000 1,400,000 1,800,000             11,842,000 13,248,000 
      loss on sale of revenue earning equipment
    		                                900,000 5,000,000 500,000                 
      taxes receivable and payable
    		                                8,200,000 4,000,000 -300,000 -4,100,000 5,900,000               
      principal payments under capital lease obligations
    		                                -3,800,000 -4,000,000 -3,800,000 -3,700,000 -3,600,000               
      distribution and net transfers to thc
    		                                    1,300,000               
      net cash from in financing activities
    		                                                   
      inventory, prepaid expenses and other assets
    		                                 1,100,000 -3,400,000                 
      net transfers to thc
    		                                                   
      cash paid for interest, net of amounts capitalized
    		                                 51,500,000 13,400,000 55,500,000 2,400,000               
      cash paid for income taxes, net of refunds
    		                                 400,000 1,400,000 1,800,000 -3,500,000               
      sales of revenue earning equipment in accounts receivable
    		                                 -1,100,000 5,500,000                 
      debt issuance costs included in accrued liabilities
    		                                                   
      inventory provisions
    		                                  700,000                 
      gain on sale of property and equipment
    		                                  -100,000 -300,000 -600,000       -1,300,000 -1,100,000 -483,000 -1,017,000 -6,374,000    
      proceeds from revolving line of credit
    		                                  173,800,000  27,000,000               
      repayments on revolving line of credit
    		                                  -105,000,000  -14,000,000               
      proceeds under revolving line of credit
    		                                                   
      repayments under revolving line of credit
    		                                                   
      net settlement on vesting of restricted stock
    		                                              -10,342,000     
      distributions and net transfers with thc
    		                                                   
      purchases of non-rental capital expenditures in accounts payable
    		                                                   
      conversion of convertible senior notes
    		                                                   
      amortization of other intangible assets
    		                                    1,300,000       30,600,000 30,200,000 30,201,000 30,499,000 25,197,000 28,133,000 15,384,000 15,382,000 
      inventories, prepaid expenses and other assets
    		                                    -7,400,000 13,000,000 -17,000,000 -12,000,000 32,000,000 23,000,000 -65,000,000 -5,400,000 36,000,000 -16,491,000 -42,109,000 -24,704,000    
      property and equipment expenditures
    		                                    -15,800,000       -67,400,000 -78,300,000 -88,040,000 -80,060,000 -83,346,000    
      purchases of property and equipment in accounts payable
    		                                    1,000,000               
      deferred taxes on income
    		                                     16,300,000 -11,000,000 -85,000,000 77,000,000 27,000,000 -16,000,000 78,500,000 69,300,000 57,508,000 35,992,000 24,368,000 88,493,000   
      changes in assets and liabilities
    		                                                   
      debt issuance costs included in accrued expenses
    		                                                   
      depreciation and amortization, non-fleet
    		                                      77,000,000 87,000,000 96,000,000 83,000,000 86,000,000         
      amortization and write-off of deferred financing costs
    		                                      14,000,000 16,000,000 14,000,000 16,000,000 15,000,000 13,500,000 16,000,000 14,375,000 11,925,000 10,688,000    
      amortization and write-off of debt discount
    		                                      1,000,000 1,000,000 0 -3,000,000 1,000,000 400,000 1,600,000 5,148,000 5,352,000 6,337,000    
      impairment charges and asset write-downs
    		                                       44,000,000 6,000,000           
      (gain) loss on sale of shares in equity method investment
    		                                      -75,000,000 -77,000,000            
      accrued liabilities
    		                                      -19,000,000 -52,000,000 71,000,000 -67,000,000 91,000,000 -78,400,000 109,700,000 -28,860,000 22,760,000 -39,140,000 9,288,000   
      accrued taxes
    		                                      -6,000,000 8,000,000 38,000,000 -43,000,000 20,000,000 -27,900,000 36,700,000 -8,960,000 24,660,000 -63,303,000    
      public liability and property damage
    		                                      6,000,000 17,000,000 9,000,000   -1,700,000 12,800,000 -4,991,000 -9,809,000 -1,152,000    
      capital asset expenditures, non-fleet
    		                                      -53,000,000 -77,000,000 -80,000,000 -73,000,000 -97,000,000         
      proceeds from disposal of property and other equipment
    		                                      22,000,000 46,000,000 22,000,000           
      sales of shares in equity method investment
    		                                      233,000,000             
      short-term borrowings:
    		                                                   
      proceeds
    		                                      151,000,000 80,000,000 160,000,000 208,000,000 175,000,000 124,000,000 140,400,000 203,215,000 128,785,000 70,399,000 -202,012,000 425,000,000 145,000,000 
      payments
    		                                      -132,000,000 -183,000,000 -176,000,000 -116,000,000 -142,000,000 -306,600,000 -275,000,000 -240,574,000 -195,326,000 -317,453,000    
      proceeds under the revolving lines of credit
    		                                      1,663,000,000 1,191,000,000 599,000,000 1,981,000,000 3,326,000,000 4,261,300,000 1,570,200,000       
      payments under the revolving lines of credit
    		                                      -2,296,000,000 -2,150,000,000 -1,555,000,000 -1,860,000,000 -1,828,000,000 -4,937,000,000 -1,949,600,000       
      payment of financing costs
    		                                      -10,000,000 -18,000,000 -3,000,000 -7,000,000 -1,000,000 -28,600,000 -5,100,000 -5,198,000 -15,402,000 -35,754,000    
      supplemental disclosures of cash information:
    		                                                   
      cash paid during the period for:
    		                                                   
      interest
    		                                      102,000,000    98,000,000 205,500,000 129,100,000 197,303,000 119,097,000 164,426,000 8,568,000 126,997,000 260,036,000 
      income taxes, net of refunds
    		                                      16,000,000 3,000,000 12,000,000 15,000,000 4,000,000         
      supplemental disclosures of non-cash information:
    		                                                   
      purchases of revenue earning equipment included in accounts payable and accrued liabilities
    		                                      636,000,000 -33,000,000 -330,000,000 -100,000,000 633,000,000 104,900,000 -377,400,000 118,480,000 443,120,000     
      sales of revenue earning equipment included in receivables
    		                                      471,000,000 499,000,000 416,000,000 -104,000,000 293,000,000 -33,700,000 272,200,000 -111,915,000 230,715,000 112,337,000    
      purchases of property and other equipment included in accounts payable
    		                                      20,000,000 -27,000,000 -3,000,000           
      sales of property and other equipment included in receivables
    		                                      13,000,000 -12,000,000 12,000,000           
      (gain) loss on disposal of business
    		                                                   
      changes in assets and liabilities, net of effects of acquisition:
    		                                                   
      sales of (investment in) shares in equity method investment
    		                                       136,000,000            
      purchase of treasury shares
    		                                       -343,000,000    -87,500,000 0 48,000 -467,248,000     
      interest, net of amounts capitalized
    		                                       179,000,000 102,000,000           
      consideration for equity method investment
    		                                                   
      conversion of convertible senior notes included in debt, common stock and additional paid-in capital
    		                                           0        
      revenue earning equipment and property and equipment acquired through capital lease
    		                                       0            
      cash flows from operating activities
    		                                                   
      cash flows from investing activities
    		                                                   
      cash flows from financing activities
    		                                                   
      benefit from losses on doubtful accounts
    		                                          6,000,000 7,500,000 17,000,000 8,743,000 12,657,000 10,672,000 17,160,000 3,441,000 2,871,000 
      impairment charges and asset write downs
    		                                          20,000,000         
      purchases of property and equipment included in accounts payable
    		                                          71,000,000 16,100,000 -19,100,000 -101,000 58,701,000 -18,712,000    
      sales of property and equipment included in receivables
    		                                          24,000,000 14,100,000 -16,000,000 4,802,000 13,698,000 -37,157,000    
      depreciation and amortization, non-fleet assets
    		                                                   
      loss on disposal of business
    		                                                   
      equity method investment
    		                                                   
      purchase of noncontrolling interest
    		                                               0    
      supplemental disclosures of non-cash flow information:
    		                                                   
      consideration for investment in equity method investee
    		                                                   
      (gain) loss on derivatives
    		                                           5,300,000    3,595,000    
      (gain) loss on revaluation of foreign denominated debt
    		                                                   
      income from equity investments
    		                                                   
      impairment charges and other
    		                                           0        
      asset writedowns
    		                                                   
      gain on revaluation of investment
    		                                                   
      purchase of short-term investments
    		                                                   
      payment of long-term debt
    		                                           -673,500,000 -50,600,000 -22,069,000 -298,631,000 -296,033,000    
      distributions to noncontrolling interest
    		                                                   
      proceeds from disgorgement of stockholder short-swing profits
    		                                               0    
      witholding taxes - restricted stock
    		                                                   
      income taxes
    		                                           14,500,000 13,400,000 37,297,000 5,703,000 28,637,000 35,191,000 4,629,000 3,204,000 
      consideration for acquisitions and divestitures
    		                                           0 4,900,000       
      capital leases included in revenue earning equipment, property and equipment and debt
    		                                                   
      purchase of noncontrolling interest included in accounts payable
    		                                                   
      loss on revaluation of foreign denominated debt
    		                                                   
      net settlement on vesting of restricted stock units
    		                                            -200,000       
      capital leases included in property and equipment and debt
    		                                                   
      gain on derivatives
    		                                             -2,144,000 -1,456,000     
      net decrease in cash and cash equivalents during the period
    		                                                   
      proceeds (payments) under the revolving lines of credit
    		                                              -31,986,000 -402,823,000    
      amortization and ineffectiveness of cash flow hedges
    		                                                   
      adjustments to reconcile net income to net cash from operating
    		                                                   
      activities:
    		                                                   
      purchases of revenue earning equipment included in accounts payable and
    		                                                   
      non-cash expenses:
    		                                                   
      amortization of debt discount
    		                                                 4,995,000 6,181,000 
      debt modification costs
    		                                                 0 16,177,000 
      stock-based employee compensation
    		                                                 7,740,000 6,099,000 
      benefit from public liability and property damage
    		                                                 45,224,000 47,042,000 
      unrealized loss on mark-to-market of euro-denominated debt
    		                                                   
      unrealized (gain) loss on derivatives
    		                                                   
      gain on ineffectiveness of interest rate swaps
    		                                                  12,786,000 
      minority interest
    		                                                 4,746,000 4,110,000 
      vacation accrual adjustment
    		                                                   
      payments of public liability and property damage claims and expenses
    		                                                   
      net change in restricted cash
    		                                                 -20,126,000 360,954,000 
      repayment of long-term debt
    		                                                   
      repayments
    		                                                   
      ninety day term or less
    		                                                 340,530,000 13,912,000 
      proceeds from the sale of common stock
    		                                                   
      distributions to minority interest
    		                                                   
      exercise of stock options
    		                                                   
      proceeds from stockholder short-swing profits
    		                                                   
      effect of foreign exchange rate changes on cash and equivalents
    		                                                   
      net decrease in cash and equivalents during the period
    		                                                   
      cash and equivalents at beginning of period
    		                                                 0 674,549,000 
      cash and equivalents at end of period
    		                                                 -75,253,000 476,883,000 
      available-for-sale securities:
    		                                                   
      sales
    		                                                  264,000 
      due from affiliates
    		                                                   
      purchase of predecessor company stock
    		                                                   
      proceeds from sales (purchases) of short-term investments
    		                                                   
      purchases
    		                                                   
      changes in investment in joint venture
    		                                                   
      issuance of an intercompany note
    		                                                   
      ninety-day term or less
    		                                                   
      proceeds from the sale of stock
    		                                                   
      net increase in cash and equivalents during the period
    		                                                   
      cash paid (received) during the period for:
    		                                                   
      non-cash transactions excluded from cash flow presentation:
    		                                                   
      revaluation of net assets to fair market value, net of tax
    		                                                   
      non-cash settlement of outstanding balances with ford
    		                                                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.