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Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues                      
Vehicle rental                 $ 6,026 $ 6,026 $ 5,707
Other                 2,476 2,459 2,230
Net revenues                 8,502 8,485 7,937
Expenses                      
Operating                 4,284 4,251 4,074
Vehicle depreciation and lease charges, net                 1,933 1,996 1,811
Selling, general and administrative                 1,093 1,080 1,019
Vehicle interest, net                 289 282 264
Non-vehicle related depreciation and amortization                 218 180 152
Interest expense related to corporate debt, net:                      
Interest expense                 194 209 228
Early extinguishment of debt                 23 56 147
Transaction-related costs, net                 68 13 51
Restructuring expense                 18 26 61
Impairment                 0 0 33
Total expenses                 8,120 8,093 7,840
Income before income taxes                 382 392 97
Provision for income taxes                 69 147 81
Net income                 $ 313 $ 245 $ 16
Earnings (loss) per share                      
Basic (in dollars per share) $ (0.06) $ 1.80 $ 1.36 $ (0.09) $ 0.22 $ 1.84 $ 0.25 $ 0.03 $ 3.02 $ 2.32 $ 0.15
Diluted (in dollars per share) $ (0.06) $ 1.77 $ 1.34 $ (0.09) $ 0.21 $ 1.74 $ 0.24 $ 0.03 $ 2.98 $ 2.22 $ 0.15