Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Intangible Assets

Intangible assets consisted of:

	As of June 30, 2014						As of December 31, 2013
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized Intangible Assets
License agreements (a)(b)(d)	$	279	$	58	$	221	$	272	$	52	$	220
Customer relationships (a)(d)	177		44		133		166		35		131
Other (c)	8		2		6		2		1		1
Total	$	464	$	104	$	360	$	440	$	88	$	352
Unamortized Intangible Assets
Goodwill (a)(b)(d)	$	707					$	691
Trademarks (d)	$	572					$	571

__________

^(a)  The increases in carrying amounts reflect the acquisition of the Budget licensee for Edmonton.

^(b)  The increases in carrying amounts reflect the reacquired right to operate the Budget brand in Portugal.

^(c)  The increases in carrying amounts reflect the acquisition of airport concession agreements, amortized over a weighted average useful life of approximately three years.

^(d)  The changes in carrying amounts reflect fluctuations in currency exchange rates.