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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Worldwide vehicle rental $ 2,124 $ 2,171 $ 3,963 $ 4,127
All other operations 146 146 290 288
Total revenues 2,270 2,317 4,253 4,415
Expenses:        
Direct vehicle and operating 1,267 1,290 2,425 2,492
Depreciation of revenue earning vehicles and lease charges, net 629 597 1,245 1,228
Selling, general and administrative 234 251 459 471
Vehicle 72 62 140 123
Non-vehicle 102 87 185 173
Total interest expense, net 174 149 325 296
Other (income) expense, net 1 (8) (89) (1)
Total expenses 2,305 2,279 4,365 4,486
Income (loss) from continuing operations before income taxes (35) 38 (112) (71)
(Provision) benefit for taxes on income (loss) of continuing operations 7 (25) 32 6
Net income (loss) from continuing operations (28) 13 (80) (65)
Less: Net income (loss) from discontinued operations (15) 23 (11) 32
Net income (loss) $ (43) $ 36 $ (91) $ (33)