XML 74 R63.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Jun. 30, 2016
USD ($)
segment
Jun. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Reconciliation of adjusted pre-tax income to income (loss) before income taxes            
Number of reportable segments | segment       3    
Revenues $ 2,270 $ 2,317   $ 4,253 $ 4,415  
Adjusted Pre-Tax Income (Loss) 55 118   (53) 77  
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income 35 (38)   112 71  
Depreciation of revenue earning vehicles and lease charges, net 629 597   1,245 1,228  
Assets 22,020     22,020   $ 23,509
Assets of discontinued operations 0     0   3,390
Impairment charges and asset write-downs       3 20  
Acquisition accounting            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income 18 23   34 45  
Debt-related charges            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income 12 15   25 29  
Loss On Extinguishment of Debt [Member]            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income (20) 0   (20) 0  
Restructuring and restructuring related charges            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income 18 41   29 59  
Sale of CAR, Inc. Common Stock            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income       (75) 0  
Impairment charges and asset write-downs            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income 3 0   3 9  
Finance and Information Technology Transformation Costs            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income 19 0   26 0  
Other            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income 0 1   (3) 6  
Selling, general and administrative expenses | Held-for-sale | Dollar Thrifty Headquarters            
Adjustments from Segment Totals to Consolidated [Abstract]            
Impairment charges and asset write-downs     $ 6      
U.S. Rental Car            
Adjustments from Segment Totals to Consolidated [Abstract]            
Depreciation of revenue earning vehicles and lease charges, net 417 380   836 801  
U.S. Rental Car | Finance and Information Technology Transformation Costs            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income (5)     (9)    
International Rental Car            
Adjustments from Segment Totals to Consolidated [Abstract]            
Depreciation of revenue earning vehicles and lease charges, net 98 101   184 196  
All Other Operations            
Adjustments from Segment Totals to Consolidated [Abstract]            
Depreciation of revenue earning vehicles and lease charges, net 114 116   225 231  
All Other Operations | Finance and Information Technology Transformation Costs            
Adjustments from Segment Totals to Consolidated [Abstract]            
Adjusted pre-tax income (14)     (17)    
Operating segments            
Reconciliation of adjusted pre-tax income to income (loss) before income taxes            
Revenues 2,270 2,317   4,253 4,415  
Adjusted Pre-Tax Income (Loss) 194 257   209 348  
Operating segments | U.S. Rental Car            
Reconciliation of adjusted pre-tax income to income (loss) before income taxes            
Revenues 1,584 1,615   2,990 3,135  
Adjusted Pre-Tax Income (Loss) 143 195   138 265  
Adjustments from Segment Totals to Consolidated [Abstract]            
Assets 14,049     14,049   13,614
Operating segments | International Rental Car            
Reconciliation of adjusted pre-tax income to income (loss) before income taxes            
Revenues 540 556   973 992  
Adjusted Pre-Tax Income (Loss) 34 45   36 52  
Adjustments from Segment Totals to Consolidated [Abstract]            
Assets 4,416     4,416   3,002
Operating segments | All Other Operations            
Reconciliation of adjusted pre-tax income to income (loss) before income taxes            
Revenues 146 146   290 288  
Adjusted Pre-Tax Income (Loss) 17 17   35 31  
Adjustments from Segment Totals to Consolidated [Abstract]            
Assets 1,583     1,583   1,520
Corporate, Non-Segment            
Reconciliation of adjusted pre-tax income to income (loss) before income taxes            
Adjusted Pre-Tax Income (Loss) (139) $ (139)   (262) $ (271)  
Adjustments from Segment Totals to Consolidated [Abstract]            
Assets $ 1,972     $ 1,972   $ 1,983