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Vehicle Rental Activities
 9 Months Ended
Sep. 30, 2016
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
 
September 30,
 
December 31,
 
2016
 
2015
Rental vehicles
$
12,403

 
$
11,195

Less: Accumulated depreciation
(1,521
)
 
(1,500
)
 
10,882

 
9,695

Vehicles held for sale
842

 
963

Vehicles, net
$
11,724

 
$
10,658



The components of vehicle depreciation and lease charges, net are summarized below: 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
Depreciation expense
$
523

 
$
510

 
$
1,453

 
$
1,423

Lease charges
57

 
52

 
133

 
120

Gain on sale of vehicles, net
(4
)
 
(7
)
 
(15
)
 
(58
)
Vehicle depreciation and lease charges, net
$
576

 
$
555

 
$
1,571

 
$
1,485



At September 30, 2016 and 2015, the Company had payables related to vehicle purchases included in liabilities under vehicle programs - other of $164 million and $183 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $586 million and $635 million, respectively.