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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of changes in goodwill, by segment
The following summarizes the changes in the Company's goodwill, by segment:
(In millions)
US Car Rental
 
International Car Rental
 
Worldwide Equipment Rental
 
All Other Operations
 
Total
Balance as of January 1, 2014
 
 
 
 
 
 
 
 
 
Goodwill
$
1,012

 
$
254

 
$
772

 
$
35

 
$
2,073

Accumulated impairment losses

 
(46
)
 
(675
)
 

 
(721
)
 
1,012

 
208

 
97

 
35

 
1,352

Goodwill acquired during the period
13

 

 

 

 
13

Adjustments to previously recorded purchase price allocation

 
(1
)
 

 

 
(1
)
Other changes during the period(a)

 
(5
)
 

 

 
(5
)
 
13

 
(6
)
 

 

 
7

Balance as of December 31, 2014
 
 
 
 
 
 
 
 
 
Goodwill
1,025

 
248

 
772

 
35

 
2,080

Accumulated impairment losses

 
(46
)
 
(675
)
 

 
(721
)
 
$
1,025

 
$
202

 
$
97

 
$
35

 
$
1,359


 
(As restated)
(In millions)
U.S. Car Rental
 
International Car Rental
 
Worldwide Equipment
Rental
 
All Other Operations
 
Total
Balance as of January 1, 2013
 
 
 
 
 
 
 
 
 
Goodwill
$
998

 
$
249

 
$
772

 
$
35

 
$
2,054

Accumulated impairment losses

 
(46
)
 
(675
)
 

 
(721
)
 
998

 
203

 
97

 
35

 
1,333

Goodwill acquired during the period
1

 
4

 

 

 
5

Adjustments to previously recorded purchase price allocation
13

 

 

 

 
13

Other changes during the period(a)

 
1

 

 

 
1

 
14

 
5

 

 

 
19

Balance as of December 31, 2013
 
 
 
 
 
 
 
 
 
Goodwill
1,012

 
254

 
772

 
35

 
2,073

Accumulated impairment losses

 
(46
)
 
(675
)
 

 
(721
)
 
$
1,012

 
$
208

 
$
97

 
$
35

 
$
1,352


(a)
Primarily consists of foreign currency adjustments.
Components of other intangible assets by major classes
Other intangible assets, net, consisted of the following major classes:
 
December 31, 2014
(In millions)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Value
Amortizable intangible assets:
 
 
 
 
 
Customer-related
$
692

 
$
(568
)
 
$
124

Concession rights
410

 
(97
)
 
313

Technology-related intangibles(a)
338

 
(147
)
 
191

Other(b)
78

 
(49
)
 
29

Total
1,518

 
(861
)
 
657

Indefinite-lived intangible assets:
 
 
 
 
 
Trade name
3,330

 

 
3,330

Other(c)
22

 

 
22

Total
3,352

 

 
3,352

Total other intangible assets, net
$
4,870

 
$
(861
)
 
$
4,009

 
December 31, 2013
(In millions)
Gross
Carrying
Amount (As Restated)
 
Accumulated
Amortization (As Restated)
 
Net Carrying Value (As Restated)
Amortizable intangible assets:
 
 
 
 
 
Customer-related
$
693

 
$
(502
)
 
$
191

Concession rights
410

 
(49
)
 
361

Technology related intangibles(a)
311

 
(114
)
 
197

Other(b)
63

 
(38
)
 
25

Total
1,477

 
(703
)
 
774

Indefinite-lived intangible assets:
 
 
 
 
 
Trade name
3,330

 

 
3,330

Other(c)
20

 

 
20

Total
3,350

 

 
3,350

Total other intangible assets, net
$
4,827

 
$
(703
)
 
$
4,124


(a) Technology-related intangibles include software not yet placed into service, therefore, there is no associated amortization.
(b) Other amortizable intangible assets primarily include the Donlen trade name and non-compete agreements.
(c) Other indefinite-lived intangible assets primarily consist of reacquired franchise rights.