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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Statement of Cash Flows [Abstract]    
Document Fiscal Year Focus 2019  
Operating activities    
Net loss $ (91) $ (87)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Vehicle depreciation 436 460
Amortization of right-of-use assets 215 0
(Gain) loss on sale of vehicles, net (8) (1)
Non-vehicle related depreciation and amortization 67 61
Stock-based compensation 5 5
Amortization of debt financing fees 8 8
Early extinguishment of debt 0 5
Net change in assets and liabilities:    
Receivables 2 16
Income taxes and deferred income taxes (51) (44)
Accounts payable and other current liabilities 97 109
Operating lease liabilities (216) 0
Other, net (24) (29)
Net cash provided by operating activities 440 503
Investing activities    
Property and equipment additions (57) (57)
Proceeds received on asset sales 2 4
Net assets acquired (net of cash acquired) 5 10
Other, net (3) (19)
Net cash used in investing activities exclusive of vehicle programs (63) (82)
Vehicle programs:    
Investment in vehicles (4,376) (4,226)
Proceeds received on disposition of vehicles 3,083 2,572
Repayments of Related Party Debt (78) 0
Net cash used in investing activities of vehicle programs 1,371 1,654
Net cash used in investing activities (1,434) (1,736)
Financing activities    
Proceeds from long-term borrowings 0 81
Payments on long-term borrowings (5) (89)
Proceeds from (Repayments of) Short-term Debt 0 (1)
Repurchases of common stock (4) (14)
Debt financing fees 0 (8)
Other, net 0 1
Net cash used in financing activities exclusive of vehicle programs (9) (30)
Vehicle programs:    
Proceeds from borrowings 5,989 5,100
Payments on borrowings (5,038) (4,045)
Debt financing fees (5) (1)
Net cash provided by financing activities of vehicle programs 946 1,054
Net cash provided by financing activities 937 1,024
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash (2) 9
Net decrease in cash and cash equivalents, program and restricted cash (59) (200)
Cash and cash equivalents, program and restricted cash, beginning of period 735 901
Cash and cash equivalents, program and restricted cash, end of period $ 676 $ 701