Restructuring (Tables)

9 Months Ended

Sep. 30, 2013

Restructuring and Related Activities [Abstract]

Summary of restructuring charges in consolidated statement of operations

Restructuring charges in our consolidated statement of operations can be summarized as follows (in millions of dollars):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
By Type:
Termination benefits	$	14.8	$	0.3	$	32.3	$	16.5
Pension and post retirement expense	0.1		—		0.1		—
Consultant costs	0.7		0.1		1.5		0.7
Relocation costs and temporary labor costs	14.0		0.1		14.1		0.1
Facility closure and lease obligation costs	6.7		0.9		9.6		6.6
Other	—		0.1		—		0.4
Total	$	36.3	$	1.5	$	57.6	$	24.3



	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013		2012
By Caption:
Direct operating	$	9.9	$	3.7		$	18.2	$	15.6
Selling, general and administrative	26.4		(2.2		)	39.4		8.7
Total	$	36.3	$	1.5		$	57.6	$	24.3



	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013		2012
By Segment:
U.S. car rental	$	7.4	$	1.3		$	18.3	$	5.7
International car rental	8.6		(1.1		)	16.6		9.8
Worldwide equipment rental	1.1		—			2.4		7.1
All other operations	—		—			—		—
Other reconciling items	19.2		1.3			20.3		1.7
Total	$	36.3	$	1.5		$	57.6	$	24.3

Schedule of activity affecting the restructuring accrual



	Termination Benefits			Pension and Post-retirement Expense			Consultant Costs			Other			Total
Balance as of January 1, 2013	$	12.4		$	0.2		$	0.3		$	8.1		$	21.0
Charges incurred	32.3			0.1			1.5			23.7			57.6
Cash payments	(25.4		)	(0.2		)	(1.6		)	(2.1		)	(29.3		)
Other⁽¹⁾	(1.6		)	(0.1		)	—			(9.6		)	(11.3		)
Balance as of September 30, 2013	$	17.7		$	—		$	0.2		$	20.1		$	38.0

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(1)	Consists of $9.6 million for facility closures, $1.6 million for accelerated equity award compensation and $0.1 million for a reclassification to accrued pension liabilities.

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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