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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities      
Net income (loss) $ (684) $ 302 $ 165
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Vehicle depreciation 1,330 1,890 1,974
Amortization of Right-Of-Use Assets 945 989 0
(Gain) loss on sale of vehicles, net (157) (82) (48)
Non-vehicle related depreciation and amortization 286 263 256
Deferred income taxes (317) (103) 14
Stock-based compensation 9 22 24
Amortization of debt financing fees 33 31 28
Early extinguishment of debt costs 9 12 19
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:      
Receivables 115 10 (44)
Income taxes 1 (5) 35
Accounts payable and other current liabilities (181) 84 48
Increase (Decrease) in Operating Liabilities (936) (981) 0
Other, net 238 154 138
Net cash provided by operating activities 691 2,586 2,609
Investing activities      
Property and equipment additions (94) (250) (231)
Proceeds received on asset sales 6 11 17
Net assets acquired (net of cash acquired) (69) (77) (91)
Other, net 0 81 (44)
Net cash used in investing activities exclusive of vehicle programs (157) (235) (349)
Vehicle programs:      
Investment in vehicles (5,401) (12,887) (12,589)
Proceeds received on disposition of vehicles 8,753 10,460 9,648
Repayments of Related Party Debt (286) (251) (188)
Proceeds from Related Party Debt 268 161 52
Net Cash Used In Investing Activities Of Vehicle Programs 3,334 (2,517) (3,077)
Net cash provided by (used in) investing activities 3,177 (2,752) (3,426)
Financing activities      
Proceeds from long-term borrowings 991 402 485
Payments on long-term borrowings (308) (509) (515)
Net change in short-term borrowings 0 (1) (4)
Debt financing fees (26) (7) (15)
Repurchases of common stock (119) (67) (216)
Other, net 0 0 3
Net cash provided by (used in) financing activities exclusive of vehicle programs 553 (182) (262)
Vehicle programs:      
Proceeds from borrowings 13,558 19,869 17,339
Payments on borrowings (18,138) (19,346) (16,385)
Debt financing fees (18) (23) (25)
Net cash provided by financing activities of vehicle programs (4,598) 500 929
Net cash provided by (used in) financing activities (4,045) 318 667
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash 42 13 (16)
Net (decrease) increase in cash and cash equivalents, program and restricted cash (135) 165 (166)
Cash and cash equivalents, program and restricted cash, beginning of period 900 735 901
Cash and cash equivalents, program and restricted cash, end of period 765 900 735
Interest Paid, Including Capitalized Interest, Operating and Investing Activities [Abstract]      
Interest Paid, Excluding Capitalized Interest, Operating Activities 503 509 497
Income Taxes Paid, Net [Abstract]      
Income tax payments, net 44 93 53
Proceeds from Issuance of Common Stock $ 15 $ 0 $ 0