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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Revenues $ 2,753 $ 2,778 $ 7,010 $ 7,074
Expenses        
Operating 1,291 1,294 3,534 3,561
Vehicle depreciation and lease charges, net 551 587 1,579 1,693
Selling, general and administrative 350 336 947 953
Vehicle interest, net 90 85 261 237
Non-vehicle related depreciation and amortization 62 62 195 190
Interest expense 49 44 139 139
Early extinguishment of debt 10 0 10 5
Restructuring and other related charges 22 4 66 14
Transaction-related costs, net 0 11 6 18
Total expenses 2,425 2,423 6,737 6,810
Income before income taxes 328 355 273 264
Provision for income taxes 139 142 113 112
Net income 189 213 160 152
Comprehensive income $ 155 $ 207 $ 119 $ 104
Earnings per share        
Basic $ 2.52 $ 2.71 $ 2.12 $ 1.90
Diluted $ 2.50 $ 2.68 $ 2.10 $ 1.88