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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
12 Months Ended
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Cash flows from operating activities:      
Net loss $ (363) $ (95,856) $ (1,185,738)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation of revenue earning equipment 1,789,903 1,849,674 2,085,665
Depreciation of property and equipment 154,031 159,693 172,848
Amortization of other intangible assets 64,713 66,059 66,282
Amortization and write-off of deferred financing costs 70,825 57,471 70,193
Amortization of debt discount 20,968 27,742 17,908
Gain on debt buyback   (48,472)  
Stock-based compensation charges 36,560 35,464 28,023
(Gain) loss on derivatives 10,810 (1,552) 22,938
Amortization and ineffectiveness of cash flow hedges 68,815 74,597 11,807
Provision for losses on doubtful accounts 19,667 27,951 31,068
Asset writedowns 20,448 36,063 93,211
Deferred taxes on income (19,471) 117,374 (235,913)
Gain on sale of property and equipment (5,740) (1,072) (9,602)
Impairment charges     1,168,900
Changes in assets and liabilities, net of effects of acquisition:      
Receivables (3,145) 34,539 46,887
Inventories, prepaid expenses and other assets (61,871) 7,554 17,934
Accounts payable 118,011 (227,479) 108,530
Accrued liabilities (53,457) (181,452) (54,223)
Accrued taxes 10,281 (201,902) (101)
Public liability and property damage (3,058) (34,536) (20,068)
Net cash provided by operating activities 2,237,927 1,701,860 2,436,549
Cash flows from investing activities:      
Net change in restricted cash and cash equivalents 160,516 368,721 (71,836)
Revenue earning equipment expenditures (8,440,872) (7,527,317) (10,150,982)
Proceeds from disposal of revenue earning equipment 7,518,446 6,106,624 8,619,715
Property and equipment expenditures (179,209) (100,701) (193,766)
Proceeds from disposal of property and equipment 38,905 23,697 68,515
Acquisitions, net of cash acquired (47,571) (76,419) (70,920)
(Purchase) sale of short-term investments, net 3,491 (3,492)  
Other investing activities 2,726 828 (488)
Net cash used in investing activities (943,568) (1,208,059) (1,799,762)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 2,635,713 1,200,896 22,565
Payment of long-term debt (2,954,233) (1,149,876) (860,515)
Short-term borrowings:      
Proceeds 490,490 364,065 396,679
Payments (970,949) (351,773) (374,333)
Proceeds (payments) under the revolving lines of credit, net 1,026,070 (1,126,099) 198,761
Distributions to noncontrolling interest (18,200) (15,050) (24,150)
Capital invested by Hertz Global Holdings, Inc.   990,117  
Loan with Hertz Global Holdings, Inc. (6,173) (7,186) 6,273
Proceeds from employee stock purchase plan 3,208 2,400  
Excess tax benefits from exercise of stock options (258)    
Dividends paid (23,000)    
Payment of financing costs (78,151) (45,017) (61,223)
Net cash provided by (used in) financing activities 104,517 (137,523) (695,943)
Effect of foreign exchange rate changes on cash and cash equivalents (10,337) 35,192 (76,540)
Net change in cash and cash equivalents during the period 1,388,539 391,470 (135,696)
Cash and cash equivalents at beginning of period 985,467 593,997 729,693
Cash and cash equivalents at end of period 2,374,006 985,467 593,997
Cash paid during the period for:      
Interest (net of amounts capitalized) 508,183 622,615 764,539
Income taxes 50,688 31,321 33,408
Supplemental disclosures of non-cash flow information:      
Purchases of revenue earning equipment included in accounts payable and other accrued liabilities 266,354 141,039 347,581
Sales of revenue earning equipment included in receivables 504,217 537,862 1,025,832
Purchases of property and equipment included in accounts payable 37,379 38,210 19,490
Sales of property and equipment included in receivables $ 11,071 $ 5,229 $ 2,452