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Vehicle Rental Activities
 6 Months Ended
Jun. 30, 2015
Vehicle Rental Activities [Abstract]  
Vehicle Rental Activities
Vehicle Rental Activities

The components of vehicles, net within assets under vehicle programs were as follows: 
 
As of
 
As of
 
June 30,
 
December 31,
 
2015
 
2014
Rental vehicles
$
14,298

 
$
11,006

Less: Accumulated depreciation
(1,398
)
 
(1,465
)
 
12,900

 
9,541

Vehicles held for sale
495

 
674

Vehicles, net
$
13,395

 
$
10,215



The components of vehicle depreciation and lease charges, net are summarized below: 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2015
 
2014
 
2015
 
2014
Depreciation expense
$
490

 
$
491

 
$
913

 
$
898

Lease charges
35

 
39

 
68

 
76

Gain on sales of vehicles, net
(27
)
 
(13
)
 
(51
)
 
(24
)
Vehicle depreciation and lease charges, net
$
498

 
$
517

 
$
930

 
$
950



At June 30, 2015 and 2014, the Company had payables related to vehicle purchases included in liabilities under vehicle programs - other of $577 million and $498 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $217 million and $170 million, respectively.