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Stockholders' Equity
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity
Cash Dividend Payments
During 2018, 2017 and 2016, the Company did not declare or pay any cash dividends. The Company’s ability to pay dividends to holders of its common stock is limited by the Company’s senior credit facility, the indentures governing its senior notes and its vehicle financing programs.
Share Repurchases
The Company’s Board of Directors has authorized the repurchase of up to approximately $1.7 billion of its common stock under a plan originally approved in 2013 and subsequently expanded, most recently in 2018. During 2018, 2017 and 2016, the Company repurchased approximately 24 million shares of common stock at a cost of approximately $800 million under the program. As of December 31, 2018, approximately $150 million of authorization remained available to repurchase common stock under this plan.
Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) are as follows:
 
Currency Translation
 Adjustments
 
Net Unrealized Gains (Losses) on Cash Flow Hedges (a)
 
Net Unrealized Gains (Losses) on Available-For-Sale Securities
 
Minimum Pension Liability 
Adjustment (b)
 
Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2016
$
(80
)
 
$
(2
)
 
$
—

 
$
(65
)
 
$
(147
)
Other comprehensive income (loss) before reclassifications
41

 
—

 
1

 
(57
)
 
(15
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
4

 
—

 
4

 
8

Net current-period other comprehensive income (loss)
41

 
4

 
1

 
(53
)
 
(7
)
Balance, December 31, 2016
(39
)
 
2

 
1

 
(118
)
 
(154
)
Other comprehensive income (loss) before reclassifications
110

 
1

 
1

 
11

 
123

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
2

 
—

 
5

 
7

Net current-period other comprehensive income (loss)
110

 
3

 
1

 
16

 
130

Balance, December 31, 2017
71

 
5

 
2

 
(102
)
 
(24
)
Cumulative effect of accounting change (c)
7

 
1

 
(2
)
 
(12
)
 
(6
)
Balance, January 1, 2018
78

 
6

 
—

 
(114
)
 
(30
)
Other comprehensive income (loss) before reclassifications
(81
)
 
(2
)
 
—

 
(23
)
 
(106
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(2
)
 
—

 
5

 
3

Net current-period other comprehensive income (loss)
(81
)
 
(4
)
 
—

 
(18
)
 
(103
)
Balance, December 31, 2018
$
(3
)
 
$
2

 
$
—

 
$
(132
)
 
$
(133
)

 __________
All components of accumulated other comprehensive income (loss) are net of tax, except currency translation adjustments, which exclude income taxes related to indefinite investments in foreign subsidiaries (see Note 8-Income Taxes for impacts of the Tax Act) and include a $64 million gain, net of tax, related to the Company’s hedge of its investment in euro-denominated foreign operations (See Note 18-Financial Instruments).
(a) 
For the years ended December 31, 2018, 2017 and 2016, the amounts reclassified from accumulated other comprehensive income (loss) into corporate interest expense were $3 million ($2 million, net of tax), $4 million ($2 million, net of tax) and $6 million ($4 million, net of tax), respectively. For the year ended December 31, 2016, amount reclassified from accumulated other comprehensive income (loss) into vehicle interest expense was $1 million ($0 million, net of tax).
(b) 
For the years ended December 31, 2018, 2017 and 2016, amounts reclassified from accumulated other comprehensive income (loss) into selling, general and administrative expenses were $7 million ($5 million, net of tax), $8 million ($5 million, net of tax) and $6 million ($4 million, net of tax), respectively.
(c) 
See Note 2-Summary of Significant Accounting Policies for the impact of adoption of ASU 2016-01 and ASU 2018-02.