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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Jun. 30, 2014
Jun. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:                              
Worldwide car rental $ 2,000 $ 2,563 $ 2,304 $ 2,039 $ 2,019 $ 2,538 $ 2,197 $ 1,955 $ 4,343 $ 4,153 $ 6,907 $ 6,690 $ 8,907 $ 8,709 $ 7,153
Worldwide equipment rental 416 413 384 358 401 403 381 353 743 734 1,155 1,138 1,571 1,539 1,382
All other operations 143 145 142 139 135 134 130 129 280 258 425 392 568 527 478
Total revenues 2,559 3,121 2,830 2,536 2,555 3,075 2,708 2,437 5,366 5,145 8,487 8,220 11,046 10,775 9,013
Expenses:                              
Direct operating 1,575 1,702 1,594 1,443 1,449 1,547 1,417 1,364 3,037 2,781 4,738 4,328 6,314 5,777 4,861
Depreciation of revenue earning equipment and lease charges, net 853 746 708 726 641 672 632 589 1,434 1,220 2,180 1,893 3,034 2,533 2,128
Selling, general and administrative 246 303 265 276 234 282 287 250 541 538 844 819 1,088 1,053 978
Interest expense, net 163 163 162 153 168 173 168 161 315 329 479 502 641 669 596
Other (income) expense, net 6 3 (22) (3) 21 44 (2) 0 (25) (2) (22) 42 (15) 64 33
Total expenses 2,843 2,917 2,707 2,595 2,513 2,718 2,502 2,364 5,302 4,866 8,219 7,584 11,062 10,096 8,596
Total (284) 204 123 (59) 42 357 206 73 64 279 268 636 (16) 679 417
(Provision) benefit for taxes on income (loss) 50 (54) (50) (8) (56) (128) (86) (59) (58) (145) (112) (272) (62) (329) (200)
Net income (loss) $ (234) $ 150 $ 73 $ (67) $ (14) $ 229 $ 120 $ 14 $ 6 $ 134 $ 156 $ 364 $ (78) $ 350 $ 217