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Interest income related to AEPTCo Parent’s short-term lending is included in Interest Income – Affiliated on AEPTCo Parent’s statements of income. AEPTCo Parent earned interest income for amounts advanced to AEP affiliates of $ 3 million, $ 3 million and $ 915 thousand for the years ended December 31, 2024, 2023 and 2... | text | 915 | monetaryItemType | text: <entity> 915 </entity> <entity type> monetaryItemType </entity type> <context> Interest income related to AEPTCo Parent’s short-term lending is included in Interest Income – Affiliated on AEPTCo Parent’s statements of income. AEPTCo Parent earned interest income for amounts advanced to AEP affiliates of $ 3 mill... | us-gaap:InvestmentIncomeInterest |
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 two reporting units and compares the carrying value of its reporting units to the fair value. If the carrying value of the repo... | text | two | integerItemType | text: <entity> two </entity> <entity type> integerItemType </entity type> <context> 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 two reporting units and compares the carryi... | us-gaap:NumberOfReportingUnits |
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 operates in North America with rev... | text | 92.9 | percentItemType | text: <entity> 92.9 </entity> <entity type> percentItemType </entity type> <context> 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 cert... | us-gaap:ConcentrationRiskPercentage1 |
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 operates in North America with rev... | text | 92.0 | percentItemType | text: <entity> 92.0 </entity> <entity type> percentItemType </entity type> <context> 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 cert... | us-gaap:ConcentrationRiskPercentage1 |
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 operates in North America with rev... | text | 91.2 | percentItemType | text: <entity> 91.2 </entity> <entity type> percentItemType </entity type> <context> 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 cert... | us-gaap:ConcentrationRiskPercentage1 |
Under Topic 606, the accounts receivable balance, prior to allowances for credit losses, for the sale of rental equipment, new equipment, parts and supplies, was approximately $ 17 million and $ 11 million as of December 31, 2024 and 2023, respectively. | text | 17 | monetaryItemType | text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> Under Topic 606, the accounts receivable balance, prior to allowances for credit losses, for the sale of rental equipment, new equipment, parts and supplies, was approximately $ 17 million and $ 11 million as of December 31, 2024 and 20... | us-gaap:ContractWithCustomerAssetNetCurrent |
Under Topic 606, the accounts receivable balance, prior to allowances for credit losses, for the sale of rental equipment, new equipment, parts and supplies, was approximately $ 17 million and $ 11 million as of December 31, 2024 and 2023, respectively. | text | 11 | monetaryItemType | text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> Under Topic 606, the accounts receivable balance, prior to allowances for credit losses, for the sale of rental equipment, new equipment, parts and supplies, was approximately $ 17 million and $ 11 million as of December 31, 2024 and 20... | us-gaap:ContractWithCustomerAssetNetCurrent |
Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $ 82 million, $ 71 million and $ 64 million, respectively, and is included in "Non-rental depreciation and amortization" in the Company's consolidated statements of operations. | text | 82 | monetaryItemType | text: <entity> 82 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $ 82 million, $ 71 million and $ 64 million, respectively, and is included in "Non-rental depreciation and amortization" in the Company's consolidated stateme... | us-gaap:DepreciationNonproduction |
Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $ 82 million, $ 71 million and $ 64 million, respectively, and is included in "Non-rental depreciation and amortization" in the Company's consolidated statements of operations. | text | 71 | monetaryItemType | text: <entity> 71 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $ 82 million, $ 71 million and $ 64 million, respectively, and is included in "Non-rental depreciation and amortization" in the Company's consolidated stateme... | us-gaap:DepreciationNonproduction |
Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $ 82 million, $ 71 million and $ 64 million, respectively, and is included in "Non-rental depreciation and amortization" in the Company's consolidated statements of operations. | text | 64 | monetaryItemType | text: <entity> 64 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $ 82 million, $ 71 million and $ 64 million, respectively, and is included in "Non-rental depreciation and amortization" in the Company's consolidated stateme... | us-gaap:DepreciationNonproduction |
On July 16, 2024, the Company completed the acquisition of substantially all of the assets of Otay Mesa Sales ("Otay"). Otay was a full-service general equipment rental company comprised of approximately 135 employees and 4 locations serving construction and industrial customers throughout the metropolitan areas of San... | text | 273 | monetaryItemType | text: <entity> 273 </entity> <entity type> monetaryItemType </entity type> <context> On July 16, 2024, the Company completed the acquisition of substantially all of the assets of Otay Mesa Sales ("Otay"). Otay was a full-service general equipment rental company comprised of approximately 135 employees and 4 locations s... | us-gaap:BusinessCombinationConsiderationTransferred1 |
The assets and liabilities for Otay were recorded as of July 16, 2024 and the results of operations have been included in the Company's consolidated results of operations since that date. Total revenue and income before taxes for Otay included in the consolidated statement of operations since the acquisition date are $... | text | 35 | monetaryItemType | text: <entity> 35 </entity> <entity type> monetaryItemType </entity type> <context> The assets and liabilities for Otay were recorded as of July 16, 2024 and the results of operations have been included in the Company's consolidated results of operations since that date. Total revenue and income before taxes for Otay i... | us-gaap:BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual |
The assets and liabilities for Otay were recorded as of July 16, 2024 and the results of operations have been included in the Company's consolidated results of operations since that date. Total revenue and income before taxes for Otay included in the consolidated statement of operations since the acquisition date are $... | text | 6 | monetaryItemType | text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> The assets and liabilities for Otay were recorded as of July 16, 2024 and the results of operations have been included in the Company's consolidated results of operations since that date. Total revenue and income before taxes for Otay in... | us-gaap:BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual |
In addition to the acquisition of Otay disclosed above, during the year ended December 31, 2024, the Company acquired eight companies with a total of 24 branches. During the year ended December 31, 2023, the Company acquired 12 companies totaling 21 branches. | text | eight | integerItemType | text: <entity> eight </entity> <entity type> integerItemType </entity type> <context> In addition to the acquisition of Otay disclosed above, during the year ended December 31, 2024, the Company acquired eight companies with a total of 24 branches. During the year ended December 31, 2023, the Company acquired 12 compan... | us-gaap:NumberOfBusinessesAcquired |
In addition to the acquisition of Otay disclosed above, during the year ended December 31, 2024, the Company acquired eight companies with a total of 24 branches. During the year ended December 31, 2023, the Company acquired 12 companies totaling 21 branches. | text | 12 | integerItemType | text: <entity> 12 </entity> <entity type> integerItemType </entity type> <context> In addition to the acquisition of Otay disclosed above, during the year ended December 31, 2024, the Company acquired eight companies with a total of 24 branches. During the year ended December 31, 2023, the Company acquired 12 companies... | us-gaap:NumberOfBusinessesAcquired |
The Company performed its annual goodwill impairment test as of October 1 and determined that no impairment existed at such date. Subsequent to the annual impairment test, it was determined that goodwill classified as assets held for sale was fully impaired, see Note 8, "Assets Held for Sale" for further discussion. T... | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> The Company performed its annual goodwill impairment test as of October 1 and determined that no impairment existed at such date. Subsequent to the annual impairment test, it was determined that goodwill classified as assets held for s... | us-gaap:GoodwillImpairmentLoss |
The Company performed its annual impairment test of indefinite-lived intangible assets as of October 1 and assessed finite-lived intangible assets for impairment triggers and determined that no impairment existed at such date. Subsequent to the annual impairment test, it was determined that certain finite-lived intang... | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> The Company performed its annual impairment test of indefinite-lived intangible assets as of October 1 and assessed finite-lived intangible assets for impairment triggers and determined that no impairment existed at such date. Subseque... | us-gaap:ImpairmentOfIntangibleAssetsExcludingGoodwill |
(a) Includes capitalized costs of $ 14 million yet to be placed into service. | text | 14 | monetaryItemType | text: <entity> 14 </entity> <entity type> monetaryItemType </entity type> <context> (a) Includes capitalized costs of $ 14 million yet to be placed into service. </context> | us-gaap:FiniteLivedIntangibleAssetsNet |
The Company assesses the fair value, less estimated costs to sell, each reporting period it remains classified as held for sale. During the fourth quarter of 2024, there was indication that the carrying value of Cinelease was greater than the fair value, less estimated costs to sell, based on slower than anticipated r... | text | 194 | monetaryItemType | text: <entity> 194 </entity> <entity type> monetaryItemType </entity type> <context> The Company assesses the fair value, less estimated costs to sell, each reporting period it remains classified as held for sale. During the fourth quarter of 2024, there was indication that the carrying value of Cinelease was greater ... | us-gaap:DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown |
(a) Finance lease right-of-use assets are recorded net of accumulated amortization of $ 52 million and $ 37 million for the years ended December 31, 2024 and 2023, respectively. | text | 52 | monetaryItemType | text: <entity> 52 </entity> <entity type> monetaryItemType </entity type> <context> (a) Finance lease right-of-use assets are recorded net of accumulated amortization of $ 52 million and $ 37 million for the years ended December 31, 2024 and 2023, respectively. </context> | us-gaap:FinanceLeaseRightOfUseAssetAccumulatedAmortization |
(a) Finance lease right-of-use assets are recorded net of accumulated amortization of $ 52 million and $ 37 million for the years ended December 31, 2024 and 2023, respectively. | text | 37 | monetaryItemType | text: <entity> 37 </entity> <entity type> monetaryItemType </entity type> <context> (a) Finance lease right-of-use assets are recorded net of accumulated amortization of $ 52 million and $ 37 million for the years ended December 31, 2024 and 2023, respectively. </context> | us-gaap:FinanceLeaseRightOfUseAssetAccumulatedAmortization |
(a) Unamortized debt issuance costs totaling $ 6 million and $ 8 million related to the ABL Credit Facility and AR Facility (as each is defined below) as of December 31, 2024 and 2023, respectively, are included in "Other long-term assets" in the consolidated balance sheets. | text | 6 | monetaryItemType | text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> (a) Unamortized debt issuance costs totaling $ 6 million and $ 8 million related to the ABL Credit Facility and AR Facility (as each is defined below) as of December 31, 2024 and 2023, respectively, are included in "Other long-term as... | us-gaap:DebtIssuanceCostsLineOfCreditArrangementsNet |
(a) Unamortized debt issuance costs totaling $ 6 million and $ 8 million related to the ABL Credit Facility and AR Facility (as each is defined below) as of December 31, 2024 and 2023, respectively, are included in "Other long-term assets" in the consolidated balance sheets. | text | 8 | monetaryItemType | text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> (a) Unamortized debt issuance costs totaling $ 6 million and $ 8 million related to the ABL Credit Facility and AR Facility (as each is defined below) as of December 31, 2024 and 2023, respectively, are included in "Other long-term as... | us-gaap:DebtIssuanceCostsLineOfCreditArrangementsNet |
On July 9, 2019, the Company issued $ 1.2 billion aggregate principal amount of its 5.50 % Senior Notes due 2027 (the “2027 Notes”). Interest on the 2027 Notes accrues at the rate of 5.50 % per annum and is payable semi-annually in arrears on January 15 and July 15. The 2027 Notes will mature on July 15, 2027. | text | 1.2 | monetaryItemType | text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> On July 9, 2019, the Company issued $ 1.2 billion aggregate principal amount of its 5.50 % Senior Notes due 2027 (the “2027 Notes”). Interest on the 2027 Notes accrues at the rate of 5.50 % per annum and is payable semi-annually in arr... | us-gaap:DebtInstrumentFaceAmount |
On July 9, 2019, the Company issued $ 1.2 billion aggregate principal amount of its 5.50 % Senior Notes due 2027 (the “2027 Notes”). Interest on the 2027 Notes accrues at the rate of 5.50 % per annum and is payable semi-annually in arrears on January 15 and July 15. The 2027 Notes will mature on July 15, 2027. | text | 5.50 | percentItemType | text: <entity> 5.50 </entity> <entity type> percentItemType </entity type> <context> On July 9, 2019, the Company issued $ 1.2 billion aggregate principal amount of its 5.50 % Senior Notes due 2027 (the “2027 Notes”). Interest on the 2027 Notes accrues at the rate of 5.50 % per annum and is payable semi-annually in arr... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
The Company may redeem the 2027 Notes, in whole or in part, at any time (i) 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 (ii) on or after July 15, 2025, at a price equal to 100.000 % of the principal amount of the 2027 Notes, in each c... | text | 100.917 | percentItemType | text: <entity> 100.917 </entity> <entity type> percentItemType </entity type> <context> The Company may redeem the 2027 Notes, in whole or in part, at any time (i) 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 (ii) on or after July 15, ... | us-gaap:DebtInstrumentRedemptionPricePercentage |
The Company may redeem the 2027 Notes, in whole or in part, at any time (i) 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 (ii) on or after July 15, 2025, at a price equal to 100.000 % of the principal amount of the 2027 Notes, in each c... | text | 100.000 | percentItemType | text: <entity> 100.000 </entity> <entity type> percentItemType </entity type> <context> The Company may redeem the 2027 Notes, in whole or in part, at any time (i) 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 (ii) on or after July 15, ... | us-gaap:DebtInstrumentRedemptionPricePercentage |
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 distrib... | text | 101 | percentItemType | text: <entity> 101 </entity> <entity type> percentItemType </entity type> <context> 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 ot... | us-gaap:DebtInstrumentRedemptionPricePercentage |
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 distrib... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> 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 ot... | us-gaap:DebtInstrumentRedemptionPricePercentage |
On June 7, 2024, the Company issued $ 800 million aggregate principal amount of its 6.625 % Senior Notes due 2029 (the "2029 Notes" and, together with the 2027 Notes, the "Notes"). The net proceeds were used to repay a portion of the indebtedness outstanding under the ABL Credit Facility and to pay related fees and exp... | text | 800 | monetaryItemType | text: <entity> 800 </entity> <entity type> monetaryItemType </entity type> <context> On June 7, 2024, the Company issued $ 800 million aggregate principal amount of its 6.625 % Senior Notes due 2029 (the "2029 Notes" and, together with the 2027 Notes, the "Notes"). The net proceeds were used to repay a portion of the i... | us-gaap:DebtInstrumentFaceAmount |
On June 7, 2024, the Company issued $ 800 million aggregate principal amount of its 6.625 % Senior Notes due 2029 (the "2029 Notes" and, together with the 2027 Notes, the "Notes"). The net proceeds were used to repay a portion of the indebtedness outstanding under the ABL Credit Facility and to pay related fees and exp... | text | 6.625 | percentItemType | text: <entity> 6.625 </entity> <entity type> percentItemType </entity type> <context> On June 7, 2024, the Company issued $ 800 million aggregate principal amount of its 6.625 % Senior Notes due 2029 (the "2029 Notes" and, together with the 2027 Notes, the "Notes"). The net proceeds were used to repay a portion of the ... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium and accrued and unpaid interest, if any, to, but excluding, the redemption date. The Compa... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium and ac... | us-gaap:DebtInstrumentRedemptionPricePercentage |
The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium and accrued and unpaid interest, if any, to, but excluding, the redemption date. The Compa... | text | 103.313 | percentItemType | text: <entity> 103.313 </entity> <entity type> percentItemType </entity type> <context> The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium an... | us-gaap:DebtInstrumentRedemptionPricePercentage |
The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium and accrued and unpaid interest, if any, to, but excluding, the redemption date. The Compa... | text | 101.656 | percentItemType | text: <entity> 101.656 </entity> <entity type> percentItemType </entity type> <context> The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium an... | us-gaap:DebtInstrumentRedemptionPricePercentage |
The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium and accrued and unpaid interest, if any, to, but excluding, the redemption date. The Compa... | text | 100.000 | percentItemType | text: <entity> 100.000 </entity> <entity type> percentItemType </entity type> <context> The Company may, at its option, redeem the 2029 Notes, in whole or in part, at any time prior to June 15, 2026, at a price equal to 100 % of the aggregate principal amount of the 2029 Notes, plus the applicable make-whole premium an... | us-gaap:DebtInstrumentRedemptionPricePercentage |
or prior to June 15, 2026, the Company may, at its option, redeem up to 40 % of the aggregate principal amount of the 2029 Notes with the net cash proceeds of one or more equity offerings at a redemption price equal to 106.625 % of the principal amount of the 2029 Notes, plus accrued and unpaid interest, if any, to, bu... | text | 40 | percentItemType | text: <entity> 40 </entity> <entity type> percentItemType </entity type> <context> or prior to June 15, 2026, the Company may, at its option, redeem up to 40 % of the aggregate principal amount of the 2029 Notes with the net cash proceeds of one or more equity offerings at a redemption price equal to 106.625 % of the p... | us-gaap:DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed |
or prior to June 15, 2026, the Company may, at its option, redeem up to 40 % of the aggregate principal amount of the 2029 Notes with the net cash proceeds of one or more equity offerings at a redemption price equal to 106.625 % of the principal amount of the 2029 Notes, plus accrued and unpaid interest, if any, to, bu... | text | 106.625 | percentItemType | text: <entity> 106.625 </entity> <entity type> percentItemType </entity type> <context> or prior to June 15, 2026, the Company may, at its option, redeem up to 40 % of the aggregate principal amount of the 2029 Notes with the net cash proceeds of one or more equity offerings at a redemption price equal to 106.625 % of ... | us-gaap:DebtInstrumentRedemptionPricePercentage |
The indenture governing the 2029 Notes contains certain covenants applicable to the Company and its restricted subsidiaries, including limitations on: indebtedness; restricted payments; liens; dispositions of proceeds from asset sales; transactions with affiliates; dividends and other payment restrictions affecting res... | text | 101 | percentItemType | text: <entity> 101 </entity> <entity type> percentItemType </entity type> <context> The indenture governing the 2029 Notes contains certain covenants applicable to the Company and its restricted subsidiaries, including limitations on: indebtedness; restricted payments; liens; dispositions of proceeds from asset sales; ... | us-gaap:DebtInstrumentRedemptionPricePercentage |
The indenture governing the 2029 Notes contains certain covenants applicable to the Company and its restricted subsidiaries, including limitations on: indebtedness; restricted payments; liens; dispositions of proceeds from asset sales; transactions with affiliates; dividends and other payment restrictions affecting res... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> The indenture governing the 2029 Notes contains certain covenants applicable to the Company and its restricted subsidiaries, including limitations on: indebtedness; restricted payments; liens; dispositions of proceeds from asset sales; ... | us-gaap:DebtInstrumentRedemptionPricePercentage |
On July 31, 2019, Herc Holdings, Herc and certain other subsidiaries of Herc Holdings entered into a credit agreement with respect to a senior secured asset-based revolving credit facility, which was amended and extended on July 5, 2022. The aggregate amount of the revolving credit commitments is $ 3.5 billion (subject... | text | 3.5 | monetaryItemType | text: <entity> 3.5 </entity> <entity type> monetaryItemType </entity type> <context> On July 31, 2019, Herc Holdings, Herc and certain other subsidiaries of Herc Holdings entered into a credit agreement with respect to a senior secured asset-based revolving credit facility, which was amended and extended on July 5, 202... | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
On July 31, 2019, Herc Holdings, Herc and certain other subsidiaries of Herc Holdings entered into a credit agreement with respect to a senior secured asset-based revolving credit facility, which was amended and extended on July 5, 2022. The aggregate amount of the revolving credit commitments is $ 3.5 billion (subject... | text | 250 | monetaryItemType | text: <entity> 250 </entity> <entity type> monetaryItemType </entity type> <context> On July 31, 2019, Herc Holdings, Herc and certain other subsidiaries of Herc Holdings entered into a credit agreement with respect to a senior secured asset-based revolving credit facility, which was amended and extended on July 5, 202... | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The interest rates applicable to any loans under the ABL Credit Facility are based, at the option of the borrowers, on (i) a floating rate based on Term SOFR (for loans denominated in U.S. dollars) or CORRA (for loans denominated in Canadian dollars) plus an initial margin of 1.375 % and a SOFR adjustment of 0.10 % per... | text | 1.375 | percentItemType | text: <entity> 1.375 </entity> <entity type> percentItemType </entity type> <context> The interest rates applicable to any loans under the ABL Credit Facility are based, at the option of the borrowers, on (i) a floating rate based on Term SOFR (for loans denominated in U.S. dollars) or CORRA (for loans denominated in C... | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
The interest rates applicable to any loans under the ABL Credit Facility are based, at the option of the borrowers, on (i) a floating rate based on Term SOFR (for loans denominated in U.S. dollars) or CORRA (for loans denominated in Canadian dollars) plus an initial margin of 1.375 % and a SOFR adjustment of 0.10 % per... | text | 0.10 | percentItemType | text: <entity> 0.10 </entity> <entity type> percentItemType </entity type> <context> The interest rates applicable to any loans under the ABL Credit Facility are based, at the option of the borrowers, on (i) a floating rate based on Term SOFR (for loans denominated in U.S. dollars) or CORRA (for loans denominated in Ca... | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
The interest rates applicable to any loans under the ABL Credit Facility are based, at the option of the borrowers, on (i) a floating rate based on Term SOFR (for loans denominated in U.S. dollars) or CORRA (for loans denominated in Canadian dollars) plus an initial margin of 1.375 % and a SOFR adjustment of 0.10 % per... | text | 0.50 | percentItemType | text: <entity> 0.50 </entity> <entity type> percentItemType </entity type> <context> The interest rates applicable to any loans under the ABL Credit Facility are based, at the option of the borrowers, on (i) a floating rate based on Term SOFR (for loans denominated in U.S. dollars) or CORRA (for loans denominated in Ca... | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
The accounts receivable securitization facility (the "AR Facility") was amended in August 2024 to extend the maturity date to August 31, 2025 and increase the aggregate commitments from $ 370 million to $ 400 million. In connection with the AR Facility, Herc sells its accounts receivables on an ongoing basis to Herc Re... | text | 370 | monetaryItemType | text: <entity> 370 </entity> <entity type> monetaryItemType </entity type> <context> The accounts receivable securitization facility (the "AR Facility") was amended in August 2024 to extend the maturity date to August 31, 2025 and increase the aggregate commitments from $ 370 million to $ 400 million. In connection wit... | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The accounts receivable securitization facility (the "AR Facility") was amended in August 2024 to extend the maturity date to August 31, 2025 and increase the aggregate commitments from $ 370 million to $ 400 million. In connection with the AR Facility, Herc sells its accounts receivables on an ongoing basis to Herc Re... | text | 400 | monetaryItemType | text: <entity> 400 </entity> <entity type> monetaryItemType </entity type> <context> The accounts receivable securitization facility (the "AR Facility") was amended in August 2024 to extend the maturity date to August 31, 2025 and increase the aggregate commitments from $ 370 million to $ 400 million. In connection wit... | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
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... | text | 23 | monetaryItemType | text: <entity> 23 </entity> <entity type> monetaryItemType </entity type> <context> 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 ... | us-gaap:DefinedContributionPlanCostRecognized |
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... | text | 20 | monetaryItemType | text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> 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 ... | us-gaap:DefinedContributionPlanCostRecognized |
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... | text | 16 | monetaryItemType | text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> 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 ... | us-gaap:DefinedContributionPlanCostRecognized |
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 cash contributions to the Plan of $ 4 mill... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> 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 10... | us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations |
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 cash contributions to the Plan of $ 4 mill... | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> 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 10... | us-gaap:DefinedBenefitPlanContributionsByEmployer |
The Plan currently has a target asset allocation of 25 % equity, 65 % fixed income, and 10 % in real assets. The equity portion of the assets are invested in a diversified public equity fund, including domestic and international holdings, that is both actively and passively managed. The fixed income portion of the asse... | text | 25 | percentItemType | text: <entity> 25 </entity> <entity type> percentItemType </entity type> <context> The Plan currently has a target asset allocation of 25 % equity, 65 % fixed income, and 10 % in real assets. The equity portion of the assets are invested in a diversified public equity fund, including domestic and international holdings... | us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations |
The Plan currently has a target asset allocation of 25 % equity, 65 % fixed income, and 10 % in real assets. The equity portion of the assets are invested in a diversified public equity fund, including domestic and international holdings, that is both actively and passively managed. The fixed income portion of the asse... | text | 65 | percentItemType | text: <entity> 65 </entity> <entity type> percentItemType </entity type> <context> The Plan currently has a target asset allocation of 25 % equity, 65 % fixed income, and 10 % in real assets. The equity portion of the assets are invested in a diversified public equity fund, including domestic and international holdings... | us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations |
The Plan currently has a target asset allocation of 25 % equity, 65 % fixed income, and 10 % in real assets. The equity portion of the assets are invested in a diversified public equity fund, including domestic and international holdings, that is both actively and passively managed. The fixed income portion of the asse... | text | 10 | percentItemType | text: <entity> 10 </entity> <entity type> percentItemType </entity type> <context> The Plan currently has a target asset allocation of 25 % equity, 65 % fixed income, and 10 % in real assets. The equity portion of the assets are invested in a diversified public equity fund, including domestic and international holdings... | us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations |
On May 17, 2018, the Herc Holdings Inc. 2018 Omnibus Incentive Plan (the "2018 Omnibus Plan") was approved and 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 a... | text | 2200000 | sharesItemType | text: <entity> 2200000 </entity> <entity type> sharesItemType </entity type> <context> On May 17, 2018, the Herc Holdings Inc. 2018 Omnibus Incentive Plan (the "2018 Omnibus Plan") was approved and provides for grants of both equity and cash awards, including non-qualified stock options, incentive stock options, stock ... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized |
On May 17, 2018, the Herc Holdings Inc. 2018 Omnibus Incentive Plan (the "2018 Omnibus Plan") was approved and 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 a... | text | 1140000 | sharesItemType | text: <entity> 1140000 </entity> <entity type> sharesItemType </entity type> <context> On May 17, 2018, the Herc Holdings Inc. 2018 Omnibus Incentive Plan (the "2018 Omnibus Plan") was approved and provides for grants of both equity and cash awards, including non-qualified stock options, incentive stock options, stock ... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant |
As of December 31, 2024, there was $ 16 million of total unrecognized compensation cost related to non-vested restricted stock units ("RSUs") and performance stock units ("PSUs"). The total unrecognized compensation cost is expected to be recognized over the remaining 1.4 years, on a weighted average basis, of the requ... | text | 16 | monetaryItemType | text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, there was $ 16 million of total unrecognized compensation cost related to non-vested restricted stock units ("RSUs") and performance stock units ("PSUs"). The total unrecognized compensation cost is expected to ... | us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized |
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 ... | text | 0 | percentItemType | text: <entity> 0 </entity> <entity type> percentItemType </entity type> <context> 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 c... | us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage |
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 ... | text | 200 | percentItemType | text: <entity> 200 </entity> <entity type> percentItemType </entity type> <context> 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... | us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage |
The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million, $ 13 million and $ 5 million, respectively. | text | 148.01 | perShareItemType | text: <entity> 148.01 </entity> <entity type> perShareItemType </entity type> <context> The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 mil... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million, $ 13 million and $ 5 million, respectively. | text | 155.80 | perShareItemType | text: <entity> 155.80 </entity> <entity type> perShareItemType </entity type> <context> The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 mil... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million, $ 13 million and $ 5 million, respectively. | text | 164.43 | perShareItemType | text: <entity> 164.43 </entity> <entity type> perShareItemType </entity type> <context> The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 mil... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million, $ 13 million and $ 5 million, respectively. | text | 12 | monetaryItemType | text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million, $ 13 million and $ 5 million, respectively. | text | 13 | monetaryItemType | text: <entity> 13 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million, $ 13 million and $ 5 million, respectively. | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average per share grant-date fair values of PSUs granted during 2024, 2023 and 2022 were $ 148.01 , $ 155.80 and $ 164.43 , respectively. The total fair value of PSUs that vested during 2024, 2023 and 2022 were $ 12 million,... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 million, $ 9 million and $ 9 million, respectively. | text | 152.88 | perShareItemType | text: <entity> 152.88 </entity> <entity type> perShareItemType </entity type> <context> The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 mill... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 million, $ 9 million and $ 9 million, respectively. | text | 150.58 | perShareItemType | text: <entity> 150.58 </entity> <entity type> perShareItemType </entity type> <context> The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 mill... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 million, $ 9 million and $ 9 million, respectively. | text | 155.68 | perShareItemType | text: <entity> 155.68 </entity> <entity type> perShareItemType </entity type> <context> The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 mill... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 million, $ 9 million and $ 9 million, respectively. | text | 10 | monetaryItemType | text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 million,... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 million, $ 9 million and $ 9 million, respectively. | text | 9 | monetaryItemType | text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average per share grant date fair values of RSUs granted during 2024, 2023 and 2022 were $ 152.88 , $ 150.58 and $ 155.68 , respectively. The total fair value of RSUs that vested during 2024, 2023 and 2022 was $ 10 million, ... | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
Management also records deferred tax assets for unutilized net operating loss carryforwards in various tax jurisdictions. As of December 31, 2024, a deferred tax asset of $ 26 million was recorded for unutilized federal net operating loss carryforwards ("NOL carryforwards"). The total federal NOL carryforwards are $ 13... | text | 26 | monetaryItemType | text: <entity> 26 </entity> <entity type> monetaryItemType </entity type> <context> Management also records deferred tax assets for unutilized net operating loss carryforwards in various tax jurisdictions. As of December 31, 2024, a deferred tax asset of $ 26 million was recorded for unutilized federal net operating lo... | us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsDomestic |
Management also records deferred tax assets for unutilized net operating loss carryforwards in various tax jurisdictions. As of December 31, 2024, a deferred tax asset of $ 26 million was recorded for unutilized federal net operating loss carryforwards ("NOL carryforwards"). The total federal NOL carryforwards are $ 13... | text | 16 | monetaryItemType | text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> Management also records deferred tax assets for unutilized net operating loss carryforwards in various tax jurisdictions. As of December 31, 2024, a deferred tax asset of $ 26 million was recorded for unutilized federal net operating lo... | us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration |
As of December 31, 2024, deferred tax assets of $ 5 million were recorded for federal and various state tax credit carryforwards and expire in various years beginning in 2036. | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, deferred tax assets of $ 5 million were recorded for federal and various state tax credit carryforwards and expire in various years beginning in 2036. </context> | us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax |
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 estim... | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> 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... | us-gaap:DeferredTaxAssetsValuationAllowance |
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 estim... | text | 415 | monetaryItemType | text: <entity> 415 </entity> <entity type> monetaryItemType </entity type> <context> 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 schedul... | us-gaap:DeferredTaxAssetsNet |
The total cumulative amount of unrecognized tax benefits is $ 15 million and $ 12 million as of December 31, 2024 and 2023, respectively. | text | 15 | monetaryItemType | text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> The total cumulative amount of unrecognized tax benefits is $ 15 million and $ 12 million as of December 31, 2024 and 2023, respectively. </context> | us-gaap:UnrecognizedTaxBenefits |
The total cumulative amount of unrecognized tax benefits is $ 15 million and $ 12 million as of December 31, 2024 and 2023, respectively. | text | 12 | monetaryItemType | text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> The total cumulative amount of unrecognized tax benefits is $ 15 million and $ 12 million as of December 31, 2024 and 2023, respectively. </context> | us-gaap:UnrecognizedTaxBenefits |
Cash equivalents 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 measures the fair value of cash equivalents using a market approach based on quoted prices in active markets. The Company had $ 27 million and $ 3... | text | 27 | monetaryItemType | text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> Cash equivalents 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 measures the fair value of cash equivalents using a market app... | us-gaap:CashAndCashEquivalentsFairValueDisclosure |
Cash equivalents 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 measures the fair value of cash equivalents using a market approach based on quoted prices in active markets. The Company had $ 27 million and $ 3... | text | 31 | monetaryItemType | text: <entity> 31 </entity> <entity type> monetaryItemType </entity type> <context> Cash equivalents 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 measures the fair value of cash equivalents using a market app... | us-gaap:CashAndCashEquivalentsFairValueDisclosure |
, and used the management approach in determining its reportable segments. The Company has determined that it has two operating segments that are aggregated into one reportable segment: equipment rental. | text | two | integerItemType | text: <entity> two </entity> <entity type> integerItemType </entity type> <context> , and used the management approach in determining its reportable segments. The Company has determined that it has two operating segments that are aggregated into one reportable segment: equipment rental. </context> | us-gaap:NumberOfOperatingSegments |
, and used the management approach in determining its reportable segments. The Company has determined that it has two operating segments that are aggregated into one reportable segment: equipment rental. | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> , and used the management approach in determining its reportable segments. The Company has determined that it has two operating segments that are aggregated into one reportable segment: equipment rental. </context> | us-gaap:NumberOfReportableSegments |
Stockholders are entitled to receive, when and if declared by our Board of Directors from time to time, dividends and other distributions in cash, stock or property from our assets or funds legally and contractually available for such purposes. In February 2024, our Board of Directors approved a dividend of $0.13 per s... | text | 64.7 | monetaryItemType | text: <entity> 64.7 </entity> <entity type> monetaryItemType </entity type> <context> Stockholders are entitled to receive, when and if declared by our Board of Directors from time to time, dividends and other distributions in cash, stock or property from our assets or funds legally and contractually available for such... | us-gaap:PaymentsOfDividendsCommonStock |
Stockholders are entitled to receive, when and if declared by our Board of Directors from time to time, dividends and other distributions in cash, stock or property from our assets or funds legally and contractually available for such purposes. In February 2024, our Board of Directors approved a dividend of $0.13 per s... | text | 2.5 | monetaryItemType | text: <entity> 2.5 </entity> <entity type> monetaryItemType </entity type> <context> Stockholders are entitled to receive, when and if declared by our Board of Directors from time to time, dividends and other distributions in cash, stock or property from our assets or funds legally and contractually available for such ... | us-gaap:DividendsPayableCurrentAndNoncurrent |
Stockholders are entitled to receive, when and if declared by our Board of Directors from time to time, dividends and other distributions in cash, stock or property from our assets or funds legally and contractually available for such purposes. In February 2024, our Board of Directors approved a dividend of $0.13 per s... | text | 1.3 | monetaryItemType | text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> Stockholders are entitled to receive, when and if declared by our Board of Directors from time to time, dividends and other distributions in cash, stock or property from our assets or funds legally and contractually available for such ... | us-gaap:DividendsPayableCurrentAndNoncurrent |
We had an outstanding aggregate balance of $ 1,807.7 million under the Term Loan as of December 31, 2024. Under our Term Loan, we pay interest at an annual rate equal to SOFR plus 2.25%, with a 0.75% SOFR floor. Accordingly, we have been and continue to be subject to interest rate fluctuations. Our Cap began in Decembe... | text | 1807.7 | monetaryItemType | text: <entity> 1807.7 </entity> <entity type> monetaryItemType </entity type> <context> We had an outstanding aggregate balance of $ 1,807.7 million under the Term Loan as of December 31, 2024. Under our Term Loan, we pay interest at an annual rate equal to SOFR plus 2.25%, with a 0.75% SOFR floor. Accordingly, we have... | us-gaap:DebtInstrumentCarryingAmount |
The Company’s raw materials balance includes $ 21.2 million and $ 32.2 million at December 31, 2024 and December 31, 2023, respectively, of inventory held on consignment at third-party manufacturers. | text | 21.2 | monetaryItemType | text: <entity> 21.2 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s raw materials balance includes $ 21.2 million and $ 32.2 million at December 31, 2024 and December 31, 2023, respectively, of inventory held on consignment at third-party manufacturers. </context> | us-gaap:OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment |
The Company’s raw materials balance includes $ 21.2 million and $ 32.2 million at December 31, 2024 and December 31, 2023, respectively, of inventory held on consignment at third-party manufacturers. | text | 32.2 | monetaryItemType | text: <entity> 32.2 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s raw materials balance includes $ 21.2 million and $ 32.2 million at December 31, 2024 and December 31, 2023, respectively, of inventory held on consignment at third-party manufacturers. </context> | us-gaap:OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment |
During the fourth quarter of 2023, the Company updated its estimate of the satellites’ remaining useful lives based on the health of the constellation and related engineering data. As a result, the estimated useful lives of the satellites were extended by five years, from 12.5 years to 17.5 years. The impact of this ch... | text | 0.21 | perShareItemType | text: <entity> 0.21 </entity> <entity type> perShareItemType </entity type> <context> During the fourth quarter of 2023, the Company updated its estimate of the satellites’ remaining useful lives based on the health of the constellation and related engineering data. As a result, the estimated useful lives of the satell... | us-gaap:BasicEarningsPerShareAdjustmentProForma |
During the fourth quarter of 2023, the Company updated its estimate of the satellites’ remaining useful lives based on the health of the constellation and related engineering data. As a result, the estimated useful lives of the satellites were extended by five years, from 12.5 years to 17.5 years. The impact of this ch... | text | 0.20 | perShareItemType | text: <entity> 0.20 </entity> <entity type> perShareItemType </entity type> <context> During the fourth quarter of 2023, the Company updated its estimate of the satellites’ remaining useful lives based on the health of the constellation and related engineering data. As a result, the estimated useful lives of the satell... | us-gaap:EarningsPerShareDilutedProFormaAdjustment |
During the quarter ended June 30, 2023, the Company launched five of its remaining six ground spare satellites. Following completion of successful on-orbit testing of the five launched satellites, the Company has no plans to use, develop or launch the remaining ground spare. As the Company believed the construction-in-... | text | 37.5 | monetaryItemType | text: <entity> 37.5 </entity> <entity type> monetaryItemType </entity type> <context> During the quarter ended June 30, 2023, the Company launched five of its remaining six ground spare satellites. Following completion of successful on-orbit testing of the five launched satellites, the Company has no plans to use, deve... | us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf |
Depreciation expense was $ 195.9 million, $ 318.5 million and $ 301.9 million for the years ended December 31, 2024, 2023 and 2022, respectively. See “Property and Equipment” in | text | 195.9 | monetaryItemType | text: <entity> 195.9 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense was $ 195.9 million, $ 318.5 million and $ 301.9 million for the years ended December 31, 2024, 2023 and 2022, respectively. See “Property and Equipment” in </context> | us-gaap:Depreciation |
Depreciation expense was $ 195.9 million, $ 318.5 million and $ 301.9 million for the years ended December 31, 2024, 2023 and 2022, respectively. See “Property and Equipment” in | text | 318.5 | monetaryItemType | text: <entity> 318.5 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense was $ 195.9 million, $ 318.5 million and $ 301.9 million for the years ended December 31, 2024, 2023 and 2022, respectively. See “Property and Equipment” in </context> | us-gaap:Depreciation |
Depreciation expense was $ 195.9 million, $ 318.5 million and $ 301.9 million for the years ended December 31, 2024, 2023 and 2022, respectively. See “Property and Equipment” in | text | 301.9 | monetaryItemType | text: <entity> 301.9 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense was $ 195.9 million, $ 318.5 million and $ 301.9 million for the years ended December 31, 2024, 2023 and 2022, respectively. See “Property and Equipment” in </context> | us-gaap:Depreciation |
Amortization expense was $ 7.2 million, $ 1.5 million and $ 1.6 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 7.2 | monetaryItemType | text: <entity> 7.2 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 7.2 million, $ 1.5 million and $ 1.6 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AmortizationOfIntangibleAssets |
Amortization expense was $ 7.2 million, $ 1.5 million and $ 1.6 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 1.5 | monetaryItemType | text: <entity> 1.5 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 7.2 million, $ 1.5 million and $ 1.6 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AmortizationOfIntangibleAssets |
Amortization expense was $ 7.2 million, $ 1.5 million and $ 1.6 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 1.6 | monetaryItemType | text: <entity> 1.6 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 7.2 million, $ 1.5 million and $ 1.6 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AmortizationOfIntangibleAssets |
), resulting in a goodwill balance of $ 98.2 million as of December 31, 2024. There was no goodwill balance as of December 31, 2023. | text | 98.2 | monetaryItemType | text: <entity> 98.2 </entity> <entity type> monetaryItemType </entity type> <context> ), resulting in a goodwill balance of $ 98.2 million as of December 31, 2024. There was no goodwill balance as of December 31, 2023. </context> | us-gaap:Goodwill |
Pursuant to a credit agreement (as amended to date, the “Credit Agreement”), the Company previously entered into a term loan totaling $ 1,500.0 million (as so amended and restated, the “Term Loan”), issued at a price equal to 99.75 % of its face value, and an accompanying $ 100.0 million revolving loan (the “Revolving ... | text | 1500.0 | monetaryItemType | text: <entity> 1500.0 </entity> <entity type> monetaryItemType </entity type> <context> Pursuant to a credit agreement (as amended to date, the “Credit Agreement”), the Company previously entered into a term loan totaling $ 1,500.0 million (as so amended and restated, the “Term Loan”), issued at a price equal to 99.75 ... | us-gaap:DebtInstrumentCarryingAmount |
Pursuant to a credit agreement (as amended to date, the “Credit Agreement”), the Company previously entered into a term loan totaling $ 1,500.0 million (as so amended and restated, the “Term Loan”), issued at a price equal to 99.75 % of its face value, and an accompanying $ 100.0 million revolving loan (the “Revolving ... | text | 100.0 | monetaryItemType | text: <entity> 100.0 </entity> <entity type> monetaryItemType </entity type> <context> Pursuant to a credit agreement (as amended to date, the “Credit Agreement”), the Company previously entered into a term loan totaling $ 1,500.0 million (as so amended and restated, the “Term Loan”), issued at a price equal to 99.75 %... | us-gaap:DebtInstrumentCarryingAmount |
Pursuant to a credit agreement (as amended to date, the “Credit Agreement”), the Company previously entered into a term loan totaling $ 1,500.0 million (as so amended and restated, the “Term Loan”), issued at a price equal to 99.75 % of its face value, and an accompanying $ 100.0 million revolving loan (the “Revolving ... | text | 125.0 | monetaryItemType | text: <entity> 125.0 </entity> <entity type> monetaryItemType </entity type> <context> Pursuant to a credit agreement (as amended to date, the “Credit Agreement”), the Company previously entered into a term loan totaling $ 1,500.0 million (as so amended and restated, the “Term Loan”), issued at a price equal to 99.75 %... | us-gaap:ProceedsFromIssuanceOfDebt |
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