Segment Information (Tables)

6 Months Ended

Jun. 30, 2014



				Six Months Ended June 30,
				2014					2013
				Revenues		Adjusted EBITDA			Revenues ^(a)		Adjusted EBITDA ^(b)
North America				$	2,663	$	271		$	2,377	$	208
International				1,218		74			1,138		75
Truck Rental				175		11			178		12
Corporate and Other ^(c)				—		(26		)	—		(23		)
	Total Company			$	4,056	330			$	3,693	272

Less:		Non-vehicle related depreciation and amortization				86					71
		Interest expense related to corporate debt, net:
			Interest expense			111					114
			Early extinguishment of debt			56					131
		Transaction-related costs				16					26
		Restructuring expense				8					25
Income (loss) before income taxes						$	53				$	(95	)

__________


^(a)	Previously reported amounts were recast for a change in the Company’s reportable segments, decreasing North America revenues and increasing International revenues by $15 million in the six months ended June 30, 2013.

^(b)

Amounts reflect the revised definition of Adjusted EBITDA to exclude restructuring expense, which resulted in an increase in Adjusted EBITDA in North America, International and Truck Rental of $3 million, $9 million and $13 million, respectively, and a change in the Company’s reportable segments, which resulted in an increase in North America Adjusted EBITDA and a decrease in International Adjusted EBITDA by $1 million in the six months ended June 30, 2013.


^(c)	Includes unallocated corporate overhead which is not attributable to a particular segment.



				Three Months Ended June 30,
				2014					2013
				Revenues		Adjusted EBITDA			Revenues ^(a)		Adjusted EBITDA ^(b)
North America				$	1,427	$	157		$	1,279	$	115
International				667		57			621		58
Truck Rental				100		13			102		17
Corporate and Other ^(c)				—		(14		)	—		(11		)
	Total Company			$	2,194	213			$	2,002	179

Less:		Non-vehicle related depreciation and amortization				45					37
		Interest expense related to corporate debt, net:
			Interest expense			55					55
			Early extinguishment of debt			56					91
		Transaction-related costs				8					19
		Restructuring expense				1					15
Income (loss) before income taxes						$	48				$	(38	)

__________


^(a)	Previously reported amounts were recast for a change in the Company’s reportable segments, decreasing North America revenues and increasing International revenues by $13 million in the three months ended June 30, 2013.

^(b)

Amounts reflect a revision to the definition of Adjusted EBITDA to exclude restructuring expense, which resulted in an increase in Adjusted EBITDA in International and Truck Rental of $6 million and $9 million, respectively, and a change in the Company’s reportable segments, which resulted in an increase in North America Adjusted EBITDA and a decrease in International Adjusted EBITDA of $1 million in the three months ended June 30, 2013.


^(c)	Includes unallocated corporate overhead which is not attributable to a particular segment.



				Six Months Ended June 30,
				2014					2013
				Revenues		Adjusted EBITDA			Revenues ^(a)		Adjusted EBITDA ^(b)
North America				$	2,663	$	271		$	2,377	$	208
International				1,218		74			1,138		75
Truck Rental				175		11			178		12
Corporate and Other ^(c)				—		(26		)	—		(23		)
	Total Company			$	4,056	330			$	3,693	272

Less:		Non-vehicle related depreciation and amortization				86					71
		Interest expense related to corporate debt, net:
			Interest expense			111					114
			Early extinguishment of debt			56					131
		Transaction-related costs				16					26
		Restructuring expense				8					25
Income (loss) before income taxes						$	53				$	(95	)

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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