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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities from continuing operations:    
Net earnings $ 214,296 $ 228,567
Less: Loss from discontinued operations, net of tax (1,069) (1,487)
Earnings from continuing operations 215,365 230,054
Depreciation expense 878,173 828,148
Gains on used vehicles, net (33,002) (82,158)
Share-based compensation expense 13,870 16,112
Amortization expense and other non-cash charges, net 49,869 46,272
Deferred income tax expense 109,191 111,609
Changes in operating assets and liabilities:    
Receivables (69,169) (23,751)
Inventories (3,524) 1,275
Prepaid expenses and other assets (24,241) (33,334)
Accounts payable 68,599 (19,506)
Accrued expenses and other non-current liabilities (20,387) (3,385)
Net cash provided by operating activities from continuing operations 1,184,744 1,071,336
Cash flows from financing activities:    
Net change in commercial paper borrowings and revolving credit facilities 73,597 184,750
Debt proceeds 298,254 1,329,810
Debt repaid (340,707) (795,837)
Dividends on common stock (67,651) (61,436)
Common stock issued 9,626 20,397
Common stock repurchased (25,658) (6,141)
Excess tax benefits from share-based compensation and other items (1,685) 723
Debt issuance costs (1,012) (7,483)
Net cash (used in) provided by financing activities (55,236) 664,783
Cash flows from investing activities:    
Purchases of property and revenue earning equipment (1,511,359) (2,087,294)
Sales of revenue earning equipment 331,720 319,766
Sales of operating property and equipment 6,623 1,203
Collections on direct finance leases and other items 60,229 51,166
Changes in restricted cash 4,203 7,781
Net cash used in investing activities (1,108,584) (1,707,378)
Effect of exchange rate changes on cash (5,567) (2,006)
Increase in cash and cash equivalents from continuing operations 15,357 26,735
Decrease in cash and cash equivalents from discontinued operations (1,308) (1,440)
Increase in cash and cash equivalents 14,049 25,295
Cash and cash equivalents at beginning of period 60,945 50,092
Cash and cash equivalents at end of period $ 74,994 $ 75,387