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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Cash flows from operating activities:          
Net loss $ (52,111) $ (134,948) $ (363) $ (95,856) $ (1,185,738)
Adjustments to reconcile net loss to net cash provided by operating activities:          
Depreciation of revenue earning equipment 809,433 881,540 1,789,903 1,849,674 2,085,665
Depreciation of property and equipment 77,140 78,571 154,031 159,693 172,848
Amortization of other intangible assets 33,679 32,700 64,713 66,059 66,282
Amortization and write-off of deferred financing costs 63,102 37,361 70,825 57,471 70,193
Amortization and write-off of debt discount 11,914 11,526 20,968 27,742 17,908
Stock-based compensation charges 16,630 19,308 36,560 35,464 28,023
(Gain) loss on derivatives (2,203) 5,047 10,810 (1,552) 22,938
Amortization and ineffectiveness of cash flow hedges   38,868 68,815 74,597 11,807
Provision for losses on doubtful accounts 14,313 10,295 19,667 27,951 31,068
Asset writedowns 23,311 14,215 20,448 36,063 93,211
Deferred taxes on income (21,441) (12,976) (19,471) 117,374 (235,913)
Gain on sale of property and equipment (4,748) (2,176) (5,740) (1,072) (9,602)
Changes in assets and liabilities, net of effects of acquisition:          
Receivables (187,818) (101,157) (3,145) 34,539 46,887
Inventories, prepaid expenses and other assets (57,831) (25,495) (61,871) 7,554 17,934
Accounts payable 138,214 254,809 118,011 (227,479) 108,530
Accrued liabilities (179,257) (69,493) (53,457) (181,452) (54,223)
Accrued taxes 21,667 (7,116) 10,281 (201,902) (101)
Public liability and property damage (4,393) 252 (3,058) (34,536) (20,068)
Net cash provided by operating activities 699,601 1,031,131 2,237,927 1,701,860 2,436,549
Cash flows from investing activities:          
Net change in restricted cash and cash equivalents (60,233) (389,242) 160,516 368,721 (71,836)
Revenue earning equipment expenditures (5,466,856) (5,317,298) (8,440,872) (7,527,317) (10,150,982)
Proceeds from disposal of revenue earning equipment 3,488,890 3,443,510 7,518,446 6,106,624 8,619,715
Property and equipment expenditures (125,370) (92,018) (179,209) (100,701) (193,766)
Proceeds from disposal of property and equipment 28,388 15,194 38,905 23,697 68,515
Acquisitions, net of cash acquired (10,976) (157) (47,571) (76,419) (70,920)
(Purchase) sale of short-term investments, net (32,891) 3,171 3,491 (3,492)  
Other investing activities 1,303 817 2,726 828 (488)
Net cash used in investing activities (2,177,745) (2,336,023) (943,568) (1,208,059) (1,799,762)
Cash flows from financing activities:          
Proceeds from issuance of long-term debt 3,028,591 681,370 2,635,713 1,200,896 22,565
Payment of long-term debt (3,631,472) (756,964) (2,954,233) (1,149,876) (860,515)
Short-term borrowings:          
Proceeds 285,803 274,730 490,490 364,065 396,679
Payments (489,217) (281,009) (970,949) (351,773) (374,333)
Proceeds (payments) under the revolving lines of credit, net 728,855 1,423,403 1,026,070 (1,126,099) 198,761
Distributions to noncontrolling interest (10,500) (7,630) (18,200) (15,050) (24,150)
Proceeds from employee stock purchase plan 1,716 1,222 3,208 2,400  
Loan with Hertz Global Holdings, Inc. 182 (5,607) (6,173) (7,186) 6,273
Dividends paid (12,450) (12,500) (23,000)    
Payment of financing costs (81,392) (24,972) (78,151) (45,017) (61,223)
Net cash provided by (used in) financing activities (179,884) 1,292,043 104,517 (137,523) (695,943)
Effect of foreign exchange rate changes on cash and cash equivalents 31,602 (75,836) (10,337) 35,192 (76,540)
Net change in cash and cash equivalents during the period (1,626,426) (88,685) 1,388,539 391,470 (135,696)
Cash and cash equivalents at beginning of period 2,374,006 985,467 985,467 593,997 729,693
Cash and cash equivalents at end of period 747,580 896,782 2,374,006 985,467 593,997
Cash paid during the period for:          
Interest (net of amounts capitalized) 330,930 252,129 508,183 622,615 764,539
Income taxes 25,338 30,694 50,688 31,321 33,408
Supplemental disclosures of non-cash flow information:          
Purchases of revenue earning equipment included in accounts payable and accrued liabilities 628,695 828,881 266,354 141,039 347,581
Sales of revenue earning equipment included in receivables 263,954 530,856 504,217 537,862 1,025,832
Purchases of property and equipment included in accounts payable 59,633 29,125 37,379 38,210 19,490
Sales of property and equipment included in receivables $ 14,356 $ 5,259 $ 11,071 $ 5,229 $ 2,452