HERC HOLDINGS INC

For the period ended Dec 31, 2023. Filed Feb 13, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 13, 2024

HRI$167.18+10.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(In millions, except par value)

	December 31,2023	December 31,2022
ASSETS
Cash and cash equivalents	$71	$54
Receivables, net of allowances of $20 and $18, respectively	563	523
Other current assets	77	67
Assets held for sale	21	—
Total current assets	732	644
Rental equipment, net	3,831	3,485
Property and equipment, net	465	392
Right-of-use lease assets	665	552
Intangible assets, net	467	431
Goodwill	483	419
Other long-term assets	10	34
Assets held for sale	408	—
Total assets	$7,061	$5,957
LIABILITIES AND EQUITY
Current maturities of long-term debt and financing obligations	$19	$16
Current maturities of operating lease liabilities	37	42
Accounts payable	212	318
Accrued liabilities	221	228
Liabilities held for sale	19	—
Total current liabilities	508	604
Long-term debt, net	3,673	2,922
Financing obligations, net	104	108
Operating lease liabilities	646	528
Deferred tax liabilities	743	647
Other long-term liabilities	46	40
Liabilities held for sale	68	—
Total liabilities	5,788	4,849
Commitments and contingencies (Note 17)
Equity:
Preferred stock, $0.01 par value, 13.3 shares authorized, no shares issued and outstanding	—	—
Common stock, $0.01 par value, 133.3 shares authorized, 33.1 and 32.7 shares issued and 28.2 and 28.9 shares outstanding	—	—
Additional paid-in capital	1,820	1,820
Retained earnings	498	224
Accumulated other comprehensive loss	(118)	(129)
Treasury stock, at cost, 4.9 shares and 3.8 shares	(927)	(807)
Total equity	1,273	1,108
Total liabilities and equity	$7,061	$5,957

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.