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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Summary of contribution of reportable segments to revenues and adjusted pre-tax income (loss) and the reconciliation to consolidated amounts
Revenues and adjusted pre-tax income (loss) by segment and the reconciliation to consolidated amounts are summarized below.
 
Three Months Ended March 31,
 
Revenues
 
Adjusted Pre-Tax Income (Loss)
(In millions)
2016
 
2015
 
2016
 
2015
U.S. Car Rental
$
1,406

 
$
1,520

 
$
(4
)
 
$
71

International Car Rental
433

 
436

 
3

 
8

Worldwide Equipment Rental
328

 
355

 
12

 
33

All Other Operations
144

 
143

 
18

 
16

Total reportable segments
$
2,311

 
$
2,454

 
29

 
128

Corporate(1)
 
 
 
 
(109
)
 
(125
)
Consolidated adjusted pre-tax income (loss)
 
 
 
 
(80
)
 
3

Adjustments:
 
 
 
 
 
 
 
Acquisition accounting(2)
 
 
 
 
(18
)
 
(31
)
Debt-related charges(3)
 
 
 
 
(15
)
 
(16
)
Restructuring and restructuring related charges(4)
 
 
 
 
(12
)
 
(20
)
Equipment rental spin-off costs(5)
 
 
 
 
(13
)
 
(9
)
Sale of CAR Inc. common stock(6)
 
 
 
 
75

 
—

Impairment charges and asset write-downs(7)
 
 
 
 
—

 
(9
)
Finance and information technology transformation costs(8)
 
 
 
 
(8
)
 
—

Other(9)
 
 
 
 
5

 
(4
)
Income (loss) before income taxes
 
 
 
 
$
(66
)
 
$
(86
)

(1)
Represents general corporate expenses, certain interest expense (including net interest on corporate debt), as well as other business activities.
(2)
Represents incremental expense associated with amortization of other intangible assets, depreciation of property and other equipment and accretion of revalued liabilities relating to acquisition accounting.
(3)
Represents debt-related charges relating to the amortization of deferred debt financing costs and debt discounts and premiums.
(4)
Represents expenses incurred under restructuring actions as defined in U.S. GAAP. For further information on restructuring costs, see Note 8, "Restructuring." Also represents incremental costs incurred directly supporting business transformation initiatives. Such costs include transition costs incurred in connection with business process outsourcing arrangements and incremental costs incurred to facilitate business process re-engineering initiatives that involve significant organization redesign and extensive operational process changes. Also includes consulting costs and legal fees related to the accounting review and investigation.
(5)
Represents expenses associated with the anticipated HERC spin-off transaction announced in March 2014. In 2016, $9 million were incurred by HERC and $4 million by Corporate. In 2015, $9 million were incurred by HERC.
(6)
Represents the pre-tax gain on the sale of CAR Inc. common stock.
(7)
In 2015, primarily represents a $6 million impairment on the former Dollar Thrifty headquarters in Tulsa, Oklahoma.
(8)
Represents external costs associated with the Company’s finance and information technology transformation programs, both of which are multi-year initiatives to upgrade and modernize the Company’s systems and processes.
(9)
Includes miscellaneous and non-recurring items including but not limited to acquisition charges, integration charges, and other non-cash items. In 2016, also includes a settlement gain related to one of our U.S. airport locations and, in 2015, also includes charges incurred in connection with relocating the Company's corporate headquarters to Estero, Florida.

Depreciation of revenue earning equipment and lease charges, net
 
Three Months Ended
March 31,
(In millions)
2016
 
2015
U.S. Car Rental
$
419

 
$
421

International Car Rental
86

 
95

Worldwide Equipment Rental
90

 
76

All Other Operations
111

 
115

Total
$
706

 
$
707


Total assets
(In millions)
March 31, 2016
 
December 31, 2015
U.S. Car Rental
$
13,894

 
$
13,614

International Car Rental
3,548

 
3,002

Worldwide Equipment Rental
3,757

 
3,809

All Other Operations
1,522

 
1,520

Corporate
1,306

 
1,335

Total
$
24,027

 
$
23,280