UNITED RENTALS INC
For the period ended Mar 31, 2024. Filed Apr 24, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 24, 2024
URI$1,104.94-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
United Rentals, Inc. Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions, except share data)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Cash and cash equivalents | $429 | $363 |
| Accounts receivable, net | 2,221 | 2,230 |
| Inventory | 208 | 205 |
| Prepaid expenses and other assets | 151 | 135 |
| Total current assets | 3,009 | 2,933 |
| Rental equipment, net | 13,979 | 14,001 |
| Property and equipment, net | 916 | 903 |
| Goodwill | 6,863 | 5,940 |
| Other intangible assets, net | 666 | 670 |
| Operating lease right-of-use assets | 1,181 | 1,099 |
| Other long-term assets | 44 | 43 |
| Total assets | $26,658 | $25,589 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Short-term debt and current maturities of long-term debt | $1,087 | $1,465 |
| Accounts payable | 959 | 905 |
| Accrued expenses and other liabilities | 1,318 | 1,267 |
| Total current liabilities | 3,364 | 3,637 |
| Long-term debt | 11,318 | 10,053 |
| Deferred taxes | 2,690 | 2,701 |
| Operating lease liabilities | 966 | 895 |
| Other long-term liabilities | 200 | 173 |
| Total liabilities | 18,538 | 17,459 |
| Common stock—$0.01 par value, 500,000,000 shares authorized, 115,101,951 and 66,796,805 shares issued and outstanding, respectively, at March 31, 2024 and 115,010,396 and 67,269,577 shares issued and outstanding, respectively, at December 31, 2023 | 1 | 1 |
| Additional paid-in capital | 2,638 | 2,650 |
| Retained earnings | 12,103 | 11,672 |
| Treasury stock at cost—48,305,146 and 47,740,819 shares at March 31, 2024 and December 31, 2023, respectively | (6,343) | (5,965) |
| Accumulated other comprehensive loss | (279) | (228) |
| Total stockholders’ equity | 8,120 | 8,130 |
| Total liabilities and stockholders’ equity | $26,658 | $25,589 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.