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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Vehicle rental $ 1,810 $ 1,734 $ 4,692 $ 4,388
Other 732 661 1,906 1,699
Net revenues 2,542 2,395 6,598 6,087
Expenses        
Operating 1,168 1,142 3,273 3,080
Vehicle depreciation and lease charges, net 582 524 1,532 1,387
Selling, general and administrative 298 274 833 771
Vehicle interest, net 77 72 213 195
Non-vehicle related depreciation and amortization 46 39 132 109
Interest expense related to corporate debt, net:        
Interest expense 50 57 161 170
Early extinguishment of debt 0 0 56 131
Transaction-related costs 7 10 23 37
Restructuring expense 8 14 16 39
Other than Temporary Impairment Losses, Investments 0 33 0 33
Total expenses 2,236 2,165 6,239 5,952
Income before income taxes 306 230 359 135
Provision for income taxes 114 112 137 91
Net income 192 118 222 44
Comprehensive income $ 116 $ 178 $ 154 $ 44
Earnings per share        
Basic (US$ per share) $ 1.84 $ 1.09 $ 2.11 $ 0.41
Diluted (US$ per share) $ 1.74 $ 1.02 $ 2.00 $ 0.39