XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Revenues $ 2,337 $ 2,328 $ 4,257 $ 4,296
Expenses        
Operating 1,172 1,175 2,243 2,267
Vehicle depreciation and lease charges, net 543 591 1,028 1,106
Selling, general and administrative 313 321 597 617
Vehicle interest, net 90 80 171 152
Non-vehicle related depreciation and amortization 66 67 133 128
Interest expense 48 49 90 95
Early extinguishment of debt 0 0 0 5
Restructuring and other related charges 23 4 44 10
Transaction-related costs, net 1 3 6 7
Total expenses 2,256 2,290 4,312 4,387
Income (loss) before income taxes 81 38 (55) (91)
Provision for (benefit from) income taxes 19 12 (26) (30)
Net income (loss) 62 26 (29) (61)
Comprehensive income (loss) $ 60 $ (24) $ (36) $ (103)
Earnings (loss) per share        
Basic $ 0.81 $ 0.33 $ (0.39) $ (0.75)
Diluted $ 0.81 $ 0.32 $ (0.39) $ (0.75)