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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities from continuing operations:    
Net earnings $ 38,149 $ 55,794
Less: Loss from discontinued operations, net of tax (130) (391)
Earnings from continuing operations 38,279 56,185
Depreciation expense 311,207 287,170
Used vehicle sales, net (780) (19,129)
Share-based compensation expense 4,955 4,888
Amortization expense and other non-cash charges, net 8,841 6,248
Non-service retirement benefit costs 7,330 6,810
Deferred income tax expense 18,887 29,319
Changes in operating assets and liabilities:    
Receivables (27,348) 3,709
Inventories 1,876 (1,558)
Prepaid expenses and other assets (7,577) (21,234)
Accounts payable 13,966 49,206
Accrued expenses and other non-current liabilities (38,287) (33,612)
Net cash provided by operating activities from continuing operations 331,349 368,002
Cash flows from financing activities from continuing operations:    
Net change in commercial paper borrowings and revolving credit facilities 9,513 98,580
Debt proceeds 477,550 298,254
Debt repaid (555,671) (312,400)
Dividends on common stock (23,907) (22,482)
Common stock issued 3,992 1,492
Common stock repurchased (16,846) 0
Debt issuance costs and other items (846) (2,932)
Net cash (used in) provided by financing activities (106,215) 60,512
Cash flows from investing activities from continuing operations:    
Purchases of property and revenue earning equipment (361,339) (575,031)
Sales of revenue earning equipment 95,617 119,188
Sales of operating property and equipment 892 1,410
Collections on direct finance leases and other items 16,265 25,610
Changes in restricted cash 1,435 (221)
Net cash used in investing activities (247,130) (429,044)
Effect of exchange rate changes on cash 1,501 (3,508)
Decrease in cash and cash equivalents from continuing operations (20,495) (4,038)
Decrease in cash and cash equivalents from discontinued operations (355) (101)
Decrease in cash and cash equivalents (20,850) (4,139)
Cash and cash equivalents at January 1 58,801 60,945
Cash and cash equivalents at March 31 $ 37,951 $ 56,806