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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities from continuing operations:    
Net earnings $ 137,948 $ 123,645
Less: Loss from discontinued operations, net of tax (1,295) (1,202)
Earnings from continuing operations 139,243 124,847
Depreciation expense 546,699 512,109
Gains on vehicle sales, net (62,816) (63,183)
Share-based compensation expense 11,169 9,989
Amortization expense and other non-cash charges, net 28,329 25,727
Deferred income tax expense 67,592 59,987
Changes in operating assets and liabilities, net of acquisitions:    
Receivables (33,535) (40,579)
Inventories 1,006 (1,178)
Prepaid expenses and other assets (25,555) (19,163)
Accounts payable (30,439) 1,771
Accrued expenses and other non-current liabilities 17,005 (67,439)
Net cash provided by operating activities from continuing operations 658,698 542,888
Cash flows from financing activities from continuing operations:    
Net change in commercial paper borrowings 34,750 21,377
Debt proceeds 930,090 765,713
Debt repaid (486,103) (277,636)
Dividends on common stock (39,690) (35,915)
Common stock issued 17,129 34,129
Common stock repurchased (6,141) (79,488)
Excess tax benefits from share-based compensation 710 411
Debt issuance costs (5,225) (5,026)
Net cash provided by financing activities from continuing operations 445,520 423,565
Cash flows from investing activities from continuing operations:    
Purchases of property and revenue earning equipment (1,329,218) (1,255,222)
Sales of revenue earning equipment 211,153 274,394
Sale and leaseback of revenue earning equipment   0
Sales of operating property and equipment 641 2,780
Acquisitions 0 (1,649)
Collections on direct finance leases 33,912 32,355
Changes in restricted cash 4,849 8,774
Other 0 (1,250)
Net cash used in investing activities from continuing operations (1,078,663) (939,818)
Effect of exchange rate changes on cash (1,198) 48
Increase in cash and cash equivalents from continuing operations 24,357 26,683
Decrease in cash and cash equivalents from discontinued operations (1,096) (1,357)
Increase in cash and cash equivalents 23,261 25,326
Cash and cash equivalents at beginning of period 50,092 61,562
Cash and cash equivalents at end of period $ 73,353 $ 86,888