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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Revenues $ 760,000,000 $ 2,337,000,000 $ 2,513,000,000 $ 4,257,000,000
Expenses        
Operating 622,000,000 1,172,000,000 1,680,000,000 2,243,000,000
Vehicle depreciation and lease charges, net 374,000,000 543,000,000 833,000,000 1,028,000,000
Selling, General and Administrative Expense 132,000,000 313,000,000 383,000,000 597,000,000
Vehicle interest, net 87,000,000 90,000,000 170,000,000 171,000,000
Non-vehicle related depreciation and amortization 71,000,000 66,000,000 140,000,000 133,000,000
Interest expense 51,000,000 48,000,000 99,000,000 90,000,000
Early extinguishment of debt 3,000,000 0 7,000,000 0
Restructuring and other related charges 28,000,000 23,000,000 72,000,000 44,000,000
Transaction-related costs, net 1,000,000 1,000,000 3,000,000 6,000,000
Total expenses 1,369,000,000 2,256,000,000 3,387,000,000 4,312,000,000
Income (loss) before income taxes (609,000,000) 81,000,000 (874,000,000) (55,000,000)
Provision for (benefit from) income taxes (128,000,000) 19,000,000 (235,000,000) (26,000,000)
Net income (loss) (481,000,000) 62,000,000 (639,000,000) (29,000,000)
Comprehensive income (loss) $ (448,000,000) $ 60,000,000 $ (705,000,000) $ (36,000,000)
Earnings (loss) per share        
Basic $ (6.91) $ 0.81 $ (8.96) $ (0.39)
Diluted $ (6.91) $ 0.81 $ (8.96) $ (0.39)