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Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues                      
Vehicle rental                 $ 6,081 $ 6,026 $ 6,026
Other                 2,578 2,476 2,459
Net revenues                 8,659 8,502 8,485
Expenses                      
Operating                 4,382 4,284 4,251
Vehicle depreciation and lease charges, net                 2,047 1,933 1,996
Selling, general and administrative                 1,134 1,093 1,080
Vehicle interest, net                 284 289 282
Non-vehicle related depreciation and amortization                 253 218 180
Interest expense related to corporate debt, net:                      
Interest expense                 203 194 209
Early extinguishment of debt                 27 23 56
Restructuring expense                 29 18 26
Transaction-related costs, net                 21 68 13
Total expenses                 8,380 8,120 8,093
Income before income taxes                 279 382 392
Provision for income taxes                 116 69 147
Net income                 $ 163 $ 313 $ 245
Earnings per share                      
Basic $ (0.35) $ 2.32 $ 0.39 $ (0.53) $ (0.06) $ 1.80 $ 1.36 $ (0.09) $ 1.78 $ 3.02 $ 2.32
Diluted $ (0.35) $ 2.28 $ 0.38 $ (0.53) $ (0.06) $ 1.77 $ 1.34 $ (0.09) $ 1.75 $ 2.98 $ 2.22