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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Revenues $ 2,328 $ 2,238 $ 4,296 $ 4,077
Expenses        
Operating 1,175 1,108 2,267 2,157
Vehicle depreciation and lease charges, net 591 597 1,106 1,101
Selling, general and administrative 321 293 617 555
Vehicle interest, net 80 73 152 137
Non-vehicle related depreciation and amortization 67 65 128 128
Interest expense 49 48 95 97
Early extinguishment of debt 0 0 5 3
Restructuring and other related charges 4 38 10 45
Transaction-related costs, net 3 5 7 8
Total expenses 2,290 2,227 4,387 4,231
Income (loss) before income taxes 38 11 (91) (154)
Provision for (benefit from) income taxes 12 8 (30) (50)
Net income (loss) 26 3 (61) (104)
Comprehensive income (loss) $ (24) $ 51 $ (103) $ (28)
Earnings (loss) per share        
Basic $ 0.33 $ 0.04 $ (0.75) $ (1.22)
Diluted $ 0.32 $ 0.04 $ (0.75) $ (1.22)