XML 50 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Total Equity
 9 Months Ended
Sep. 30, 2012
Stockholders' Equity Note [Abstract]  
Total Equity
Total Equity
 
100 Shares Common Stock
 
Additional
Paid-In Capital
 
Accumulated
Deficit
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Non-
Controlling
Interest
 
Total
Equity
(In Millions)
 
December 31, 2011
—

 
$
3,473.6

 
$
(816.4
)
 
$
(28.4
)
 
$
—

 
$
2,628.8

Net income attributable to The Hertz
 
 
 
 
 
 
 
 
 
 
 
Corporation and Subsidiaries' common stockholder
 

 
 

 
304.0

 
 

 
 

 
304.0

Other comprehensive income
 

 
 

 
 
 
13.6

 
 

 
13.6

Dividends paid
 

 
—

 
(12.5
)
 
 

 
 

 
(12.5
)
Stock-based employee
 
 
 
 
 
 
 
 
 
 
 
compensation charges, net of tax
 

 
22.2

 
 

 
 

 
 

 
22.2

Proceeds from employee
 
 
 
 
 
 
 
 
 
 
 
stock purchase plan
 

 
3.7

 
 

 
 

 
 

 
3.7

Hertz Holdings common shares
 
 
 
 
 
 
 
 
 
 
 
issued to Directors
 

 
1.5

 
 

 
 

 
 

 
1.5

September 30, 2012
—

 
$
3,501.0

 
$
(524.9
)
 
$
(14.8
)
 
$
—

 
$
2,961.3

 
 
100 Shares Common Stock
 
Additional
Paid-In
Capital
 
Accumulated
Deficit
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Non-
Controlling
Interest
 
Total
Equity
(In Millions)
 
December 31, 2010
$
—

 
$
3,452.0

 
$
(1,004.0
)
 
$
37.8

 
$
16.5

 
$
2,502.3

Net income attributable to The Hertz
 
 
 
 
 
 
 
 
 
 
 
Corporation and Subsidiaries' common stockholder
 

 
 

 
151.7

 
 

 
 

 
151.7

Other comprehensive loss
 

 
 

 
 

 
(12.6
)
 
 

 
(12.6
)
Dividend payment to noncontrolling
 
 
 
 
 
 
 
 
 
 
 
interest
 
 
 
 
 
 
 
 
(10.5
)
 
(10.5
)
Net income relating to noncontrolling
 
 
 
 
 
 
 
 
 
 
 
interest
 

 
 

 
 

 
 

 
14.5

 
14.5

Dividends paid
 

 
 

 
(12.4
)
 
 

 
 
 
(12.4
)
Stock-based employee compensation
 
 
 
 
 
 
 
 
 
 
 
charges, net of tax
 

 
24.4

 
 

 
 

 
 

 
24.4

Proceeds from employee stock
 
 
 
 
 
 
 
 
 
 
 
purchase plan
 

 
3.2

 
 

 
 

 
 

 
3.2

Hertz Holdings common shares
 
 
 
 
 
 
 
 
 
 
 
issued to Directors
 

 
1.5

 
 

 
 

 
 

 
1.5

September 30, 2011
$
—

 
$
3,481.1

 
$
(864.7
)
 
$
25.2

 
$
20.5

 
$
2,662.1


Accumulated other comprehensive loss as of September 30, 2012 and December 31, 2011 includes accumulated translation gains of $95.0 million and $91.3 million, respectively, pension benefits (expense) of $(94.5) million and $(99.6) million, respectively, unrealized losses on our Euro-denominated debt of $(19.4) million and $(19.4) million, respectively, unrealized holding gains of $5.1 million and $0.3 million, respectively, and other of $(1.0) million and $(1.0) million, respectively.