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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income $ 302 $ 165 $ 361
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Vehicle depreciation 1,890 1,974 1,947
Amortization of Right-Of-Use Assets 989 0 0
(Gain) loss on sale of vehicles, net (82) (48) 52
Non-vehicle related depreciation and amortization 263 256 259
Deferred income taxes (103) 14 (192)
Stock-based compensation 22 24 13
Amortization of debt financing fees 31 28 34
Early extinguishment of debt costs 12 19 3
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:      
Receivables 10 (44) (59)
Income taxes (5) 35 (16)
Accounts payable and other current liabilities 84 48 49
Increase (Decrease) in Operating Liabilities (981) 0 0
Other, net 154 138 197
Net cash provided by operating activities 2,586 2,609 2,648
Investing activities      
Property and equipment additions (250) (231) (197)
Proceeds received on asset sales 11 17 8
Net assets acquired (net of cash acquired) (77) (91) (21)
Other, net 81 (44) 5
Net cash used in investing activities exclusive of vehicle programs (235) (349) (205)
Vehicle programs:      
Investment in vehicles (12,887) (12,589) (11,538)
Proceeds received on disposition of vehicles 10,460 9,648 9,600
Repayments of Related Party Debt (251) (188) (61)
Proceeds from Related Party Debt 161 52 0
Net Cash Used In Investing Activities Of Vehicle Programs (2,517) (3,077) (1,999)
Net cash used in investing activities (2,752) (3,426) (2,204)
Financing activities      
Proceeds from long-term borrowings 402 485 589
Payments on long-term borrowings (509) (515) (602)
Net change in short-term borrowings (1) (4) (4)
Debt financing fees (7) (15) (9)
Repurchases of common stock (67) (216) (210)
Other, net 0 3 1
Net cash used in financing activities exclusive of vehicle programs (182) (262) (235)
Vehicle programs:      
Proceeds from borrowings 19,869 17,339 17,212
Payments on borrowings (19,346) (16,385) (17,269)
Debt financing fees (23) (25) (16)
Net cash provided by financing activities of vehicle programs 500 929 (73)
Net cash provided by (used in) financing activities 318 667 (308)
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash 13 (16) 45
Net increase (decrease) in cash and cash equivalents, program and restricted cash 165 (166) 181
Cash and cash equivalents, program and restricted cash, beginning of period 735 901 720
Cash and cash equivalents, program and restricted cash, end of period 900 735 901
Interest Paid, Including Capitalized Interest, Operating and Investing Activities [Abstract]      
Interest Paid, Excluding Capitalized Interest, Operating Activities 509 497 460
Income Taxes Paid, Net [Abstract]      
Income tax payments, net $ 93 $ 53 $ 58