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Vehicle Rental Activities
12 Months Ended
Dec. 31, 2013
Disclosure Components Of Companys Vehicles [Abstract]  
Vehicle Rental Activities
Vehicle Rental Activities
The components of vehicles, net within assets under vehicle programs are as follows: 
 
As of December 31,
 
2013
 
2012
Rental vehicles
$
10,234

 
$
10,000

Less: Accumulated depreciation
(1,411
)
 
(1,345
)
 
8,823

 
8,655

Vehicles held for sale
759

 
619

Vehicles, net
$
9,582

 
$
9,274


The components of vehicle depreciation and lease charges, net are summarized below: 
 
Year Ended December 31,
 
2013
 
2012
 
2011
Depreciation expense
$
1,678

 
$
1,438

 
$
1,395

Lease charges
139

 
130

 
62

Gain on sale of vehicles, net
(6
)
 
(97
)
 
(234
)
Vehicle depreciation and lease charges, net
$
1,811

 
$
1,471

 
$
1,223


For the years ended December 31, 2013, 2012 and 2011, the Company had purchases of vehicles included
in payables of $260 million, $284 million and $356 million, respectively, and sales of vehicles included in
receivables of $378 million, $439 million and $339 million, respectively.