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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating activities    
Net loss $ (46) $ (23)
Adjustments to reconcile net income to net cash provided by operating activities:    
Vehicle depreciation 353 331
Gain on sale of vehicles, net 0 (39)
Non-vehicle related depreciation and amortization 34 32
Amortization of debt financing fees 11 16
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:    
Receivables (57) (28)
Income taxes and deferred income taxes (21) 0
Accounts payable and other current liabilities (35) (65)
Other, net 61 29
Net cash provided by operating activities 300 253
Investing activities    
Property and equipment additions (21) (20)
Proceeds received on asset sales 4 3
Net assets acquired, net of cash acquired (476) 0
Other, net 26 (1)
Net cash used in investing activities exclusive of vehicle programs (467) (18)
Vehicle programs:    
Increase in program cash (24) (39)
Investment in vehicles (3,111) (3,053)
Proceeds received on disposition of vehicles 2,394 2,143
Net cash used in investing activities of vehicle programs (741) (949)
Net cash used in investing activities (1,208) (967)
Financing activities    
Proceeds from long-term borrowings 1,225 624
Principal payments on long-term borrowings (788) (520)
Net change in short-term borrowings (31) (12)
Purchases of warrants (28) (13)
Proceeds from sale of call options 37 19
Debt financing fees (10) (8)
Other, net 2 0
Net cash provided by financing activities exclusive of vehicle programs 407 90
Vehicle programs:    
Proceeds from borrowings 3,762 3,140
Payments on borrowings (3,279) (2,440)
Debt financing fees (17) (7)
Net cash provided by financing activities of vehicle programs 466 693
Net cash provided by financing activities 873 783
Effect of changes in exchange rates on cash and cash equivalents (2) 3
Net increase (decrease) in cash and cash equivalents (37) 72
Cash and cash equivalents, beginning of period 606 534
Cash and cash equivalents, end of period $ 569 $ 606