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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Worldwide car rental $ 2,171 $ 2,304 $ 4,127 $ 4,343
Worldwide equipment rental 375 384 730 743
All other operations 146 142 288 280
Total revenues 2,692 2,830 5,145 5,366
Expenses:        
Direct operating 1,505 1,594 2,913 3,037
Depreciation of revenue earning equipment and lease charges, net 696 708 1,403 1,434
Selling, general and administrative 296 265 560 541
Interest expense, net 155 162 308 315
Other (income) expense, net (10) (22) (4) (25)
Total expenses 2,642 2,707 5,180 5,302
Income (loss) before income taxes 50 123 (35) 64
(Provision) benefit for taxes on income (loss) (27) (50) (11) (58)
Net income (loss) $ 23 $ 73 $ (46) $ 6