Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities from continuing operations:
Net earnings	$ 33,505	$ 38,406
Less: Loss from discontinued operations, net of tax	(427)	(130)
Earnings from continuing operations	33,932	38,536
Depreciation expense	336,745	311,207
Goodwill impairment	15,513	0
Used vehicle sales, net	7,409	(780)
Amortization expense and other non-cash charges, net	13,636	8,841
Non-operating pension costs and share-based compensation expense	6,563	12,285
Deferred income tax expense	31,858	19,296
Changes in operating assets and liabilities:
Receivables	22,265	(27,348)
Inventories	(253)	1,876
Prepaid expenses and other assets	(26,040)	(7,577)
Accounts payable	(30,851)	13,966
Accrued expenses and other non-current liabilities	(95,890)	(38,953)
Net cash provided by operating activities from continuing operations	314,887	331,349
Cash flows from financing activities from continuing operations:
Net change in commercial paper borrowings and revolving credit facilities	237,960	9,513
Debt proceeds	446,500	477,550
Debt repaid	(412,080)	(555,671)
Dividends on common stock	(27,795)	(23,907)
Common stock issued	1,417	3,992
Common stock repurchased	(12,921)	(16,846)
Debt issuance costs and other items	(1,259)	(846)
Net cash provided by (used in) financing activities	231,822	(106,215)
Cash flows from investing activities from continuing operations:
Purchases of property and revenue earning equipment	(662,744)	(361,339)
Sales of revenue earning equipment	89,023	95,617
Sales of operating property and equipment	933	892
Collections on direct finance leases and other items	19,744	16,265
Net cash used in investing activities	(553,044)	(248,565)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	3,519	1,501
Decrease in cash, cash equivalents, and restricted cash from continuing operations	(2,816)	(21,930)
Decrease in cash, cash equivalents, and restricted cash from discontinued operations	(348)	(355)
Decrease in cash, cash equivalents, and restricted cash	(3,164)	(22,285)
Cash, cash equivalents, and restricted cash at January 1	83,022	62,639
Cash, cash equivalents, and restricted cash at March 31	$ 79,858	$ 40,354

The aggregate amount of recurring noncash expense charged against earnings in the period including the amortization of pension and postretirement items, debt issuance costs and intangible assets; and other transactions that do not result in cash inflows or outflows in the period in which they occur, but affect net income and thus are removed when calculating net cash flow from operating activities using the indirect cash flow method.

No definition available.