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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Vehicle rental $ 1,582 $ 1,211 $ 4,084 $ 3,163
Other 588 412 1,575 1,106
Net revenues 2,170 1,623 5,659 4,269
Expenses        
Operating 1,036 783 2,882 2,166
Vehicle depreciation and lease charges, net 436 304 1,088 840
Selling, general and administrative 244 190 696 511
Vehicle interest, net 77 74 231 205
Non-vehicle related depreciation and amortization 30 22 92 65
Interest expense related to corporate debt, net:        
Interest expense 67 48 208 143
Early extinguishment of debt 2   52  
Transaction-related costs 11 66 21 102
Restructuring expense 7   26 1
Total expenses 1,910 1,487 5,296 4,033
Income before income taxes 260 136 363 236
Provision for (benefit from) income taxes (20) 54 27 95
Net income 280 82 336 141
Comprehensive income $ 308 $ 15 $ 361 $ 130
Earnings per share        
Basic $ 2.62 $ 0.78 $ 3.16 $ 1.34
Diluted $ 2.38 $ 0.65 $ 2.77 $ 1.14