XML 40 R16.htm IDEA: XBRL DOCUMENT v3.3.1.900
Vehicle Rental Activities
 12 Months Ended
Dec. 31, 2015
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,
 
2015
 
2014
Rental vehicles
$
11,195

 
$
11,006

Less: Accumulated depreciation
(1,500
)
 
(1,465
)
 
9,695

 
9,541

Vehicles held for sale
963

 
674

Vehicles, net
$
10,658

 
$
10,215


The components of vehicle depreciation and lease charges, net are summarized below: 
 
Year Ended December 31,
 
2015
 
2014
 
2013
Depreciation expense
$
1,837

 
$
1,840

 
$
1,678

Lease charges
156

 
163

 
139

Gain on sale of vehicles, net
(60
)
 
(7
)
 
(6
)
Vehicle depreciation and lease charges, net
$
1,933

 
$
1,996

 
$
1,811


At December 31, 2015, 2014 and 2013, the Company had payables related to vehicle purchases included in liabilities under vehicle programs - other of $269 million, $222 million and $260 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $433 million, $352 million and $378 million, respectively.