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Guarantor and Non-Guarantor Consolidating Condensed Financial Statements (Tables) | 6 Months Ended
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Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Consolidating Condensed Statements of Comprehensive Income | Three Months Ended June 30, 2015
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |
| Vehicle rental | $ | — |  |  | $ | — |  |  | $ | 1,055 |  |  | $ | 478 |  |  | $ | — |  |  | $ | 1,533 |
| Other | — |  |  | — |  |  | 307 |  |  | 866 |  |  | (533 | ) |  | 640 |
Net revenues | — |  |  | — |  |  | 1,362 |  |  | 1,344 |  |  | (533 | ) |  | 2,173 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 1 |  |  | 5 |  |  | 654 |  |  | 432 |  |  | — |  |  | 1,092 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 476 |  |  | 500 |  |  | (478 | ) |  | 498 |
| Selling, general and administrative | 9 |  |  | 3 |  |  | 162 |  |  | 107 |  |  | — |  |  | 281 |
| Vehicle interest, net | — |  |  | — |  |  | 52 |  |  | 78 |  |  | (55 | ) |  | 75 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 33 |  |  | 22 |  |  | — |  |  | 56 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 42 |  |  | (8 | ) |  | 11 |  |  | — |  |  | 45 |
|  | Intercompany interest expense (income) | (3 | ) |  | (3 | ) |  | 6 |  |  | — |  |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 23 |  |  | — |  |  | — |  |  | — |  |  | 23 |
| Transaction-related costs, net | — |  |  | 12 |  |  | — |  |  | 6 |  |  | — |  |  | 18 |
| Restructuring expense | — |  |  | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Total expenses | 7 |  |  | 83 |  |  | 1,375 |  |  | 1,159 |  |  | (533 | ) |  | 2,091 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (7 | ) |  | (83 | ) |  | (13 | ) |  | 185 |  |  | — |  |  | 82 |
Provision for (benefit from) income taxes | (3 | ) |  | (127 | ) |  | 53 |  |  | 16 |  |  | — |  |  | (61 | )
Equity in earnings of subsidiaries | 147 |  |  | 103 |  |  | 169 |  |  | — |  |  | (419 | ) |  | — |
Net income | $ | 143 |  |  | $ | 147 |  |  | $ | 103 |  |  | $ | 169 |  |  | $ | (419 | ) |  | $ | 143 |
Comprehensive income | $ | 151 |  |  | $ | 155 |  |  | $ | 111 |  |  | $ | 177 |  |  | $ | (443 | ) |  | $ | 151 |
Six Months Ended June 30, 2015
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |
| Vehicle rental | $ | — |  |  | $ | — |  |  | $ | 1,997 |  |  | $ | 855 |  |  | $ | — |  |  | $ | 2,852 |
| Other | — |  |  | — |  |  | 574 |  |  | 1,619 |  |  | (1,022 | ) |  | 1,171 |
Net revenues | — |  |  | — |  |  | 2,571 |  |  | 2,474 |  |  | (1,022 | ) |  | 4,023 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 1 |  |  | 9 |  |  | 1,262 |  |  | 805 |  |  | — |  |  | 2,077 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 912 |  |  | 931 |  |  | (913 | ) |  | 930 |
| Selling, general and administrative | 17 |  |  | 6 |  |  | 302 |  |  | 204 |  |  | — |  |  | 529 |
| Vehicle interest, net | — |  |  | — |  |  | 101 |  |  | 151 |  |  | (109 | ) |  | 143 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 66 |  |  | 38 |  |  | — |  |  | 105 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 82 |  |  | (7 | ) |  | 22 |  |  | — |  |  | 97 |
|  | Intercompany interest expense (income) | (6 | ) |  | (5 | ) |  | 6 |  |  | 5 |  |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 23 |  |  | — |  |  | — |  |  | — |  |  | 23 |
| Transaction-related costs, net | — |  |  | 18 |  |  | 1 |  |  | 30 |  |  | — |  |  | 49 |
| Restructuring expense | — |  |  | — |  |  | 1 |  |  | 3 |  |  | — |  |  | 4 |
Total expenses | 12 |  |  | 134 |  |  | 2,644 |  |  | 2,189 |  |  | (1,022 | ) |  | 3,957 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (12 | ) |  | (134 | ) |  | (73 | ) |  | 285 |  |  | — |  |  | 66 |
Provision for (benefit from) income taxes | (5 | ) |  | (147 | ) |  | 61 |  |  | 23 |  |  | — |  |  | (68 | )
Equity in earnings of subsidiaries | 141 |  |  | 128 |  |  | 262 |  |  | — |  |  | (531 | ) |  | — |
Net income | $ | 134 |  |  | $ | 141 |  |  | $ | 128 |  |  | $ | 262 |  |  | $ | (531 | ) |  | $ | 134 |
Comprehensive income | $ | 48 |  |  | $ | 55 |  |  | $ | 44 |  |  | $ | 178 |  |  | $ | (277 | ) |  | $ | 48 |
Three Months Ended June 30, 2016
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |
| Vehicle rental | $ | — |  |  | $ | — |  |  | $ | 1,084 |  |  | $ | 489 |  |  | $ | — |  |  | $ | 1,573 |
| Other | — |  |  | — |  |  | 316 |  |  | 931 |  |  | (577 | ) |  | 670 |
Net revenues | — |  |  | — |  |  | 1,400 |  |  | 1,420 |  |  | (577 | ) |  | 2,243 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |
| Operating | 1 |  |  | 1 |  |  | 666 |  |  | 454 |  |  | — |  |  | 1,122 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 528 |  |  | 529 |  |  | (525 | ) |  | 532 |
| Selling, general and administrative | 9 |  |  | 5 |  |  | 170 |  |  | 128 |  |  | — |  |  | 312 |
| Vehicle interest, net | — |  |  | — |  |  | 49 |  |  | 76 |  |  | (52 | ) |  | 73 |
| Non-vehicle related depreciation and amortization | — |  |  | — |  |  | 40 |  |  | 25 |  |  | — |  |  | 65 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 42 |  |  | 1 |  |  | 13 |  |  | — |  |  | 56 |
|  | Intercompany interest expense (income) | (3 | ) |  | (2 | ) |  | 5 |  |  | — |  |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | 10 |
| Restructuring expense | — |  |  | — |  |  | 1 |  |  | 4 |  |  | — |  |  | 5 |
| Transaction-related costs, net | — |  |  | — |  |  | 1 |  |  | 4 |  |  | — |  |  | 5 |
Total expenses | 7 |  |  | 56 |  |  | 1,461 |  |  | 1,233 |  |  | (577 | ) |  | 2,180 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (7 | ) |  | (56 | ) |  | (61 | ) |  | 187 |  |  | — |  |  | 63 |
Provision for (benefit from) income taxes | (3 | ) |  | (22 | ) |  | 37 |  |  | 15 |  |  | — |  |  | 27 |
Equity in earnings of subsidiaries | 40 |  |  | 74 |  |  | 172 |  |  | — |  |  | (286 | ) |  | — |
Net income | $ | 36 |  |  | $ | 40 |  |  | $ | 74 |  |  | $ | 172 |  |  | $ | (286 | ) |  | $ | 36 |
Comprehensive income | $ | 40 |  |  | $ | 44 |  |  | $ | 83 |  |  | $ | 180 |  |  | $ | (307 | ) |  | $ | 40 |
Six Months Ended June 30, 2016
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |
| Vehicle rental | $ | — |  |  | $ | — |  |  | $ | 2,013 |  |  | $ | 888 |  |  | $ | — |  |  | $ | 2,901 |
| Other | — |  |  | — |  |  | 587 |  |  | 1,725 |  |  | (1,089 | ) |  | 1,223 |
Net revenues | — |  |  | — |  |  | 2,600 |  |  | 2,613 |  |  | (1,089 | ) |  | 4,124 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 2 |  |  | 11 |  |  | 1,294 |  |  | 855 |  |  | — |  |  | 2,162 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 989 |  |  | 996 |  |  | (990 | ) |  | 995 |
| Selling, general and administrative | 19 |  |  | 10 |  |  | 319 |  |  | 233 |  |  | — |  |  | 581 |
| Vehicle interest, net | — |  |  | — |  |  | 94 |  |  | 143 |  |  | (99 | ) |  | 138 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 77 |  |  | 48 |  |  | — |  |  | 126 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 81 |  |  | 2 |  |  | 23 |  |  | — |  |  | 106 |
|  | Intercompany interest expense (income) | (6 | ) |  | (5 | ) |  | 11 |  |  | — |  |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | 10 |
| Restructuring expense | — |  |  | — |  |  | 7 |  |  | 13 |  |  | — |  |  | 20 |
| Transaction-related costs, net | — |  |  | 1 |  |  | 1 |  |  | 7 |  |  | — |  |  | 9 |
Total expenses | 15 |  |  | 109 |  |  | 2,794 |  |  | 2,318 |  |  | (1,089 | ) |  | 4,147 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (15 | ) |  | (109 | ) |  | (194 | ) |  | 295 |  |  | — |  |  | (23 | )
Provision for (benefit from) income taxes | (6 | ) |  | (43 | ) |  | 32 |  |  | 9 |  |  | — |  |  | (8 | )
Equity in earnings (loss) of subsidiaries | (6 | ) |  | 60 |  |  | 286 |  |  | — |  |  | (340 | ) |  | — |
Net income (loss) | $ | (15 | ) |  | $ | (6 | ) |  | $ | 60 |  |  | $ | 286 |  |  | $ | (340 | ) |  | $ | (15 | )
Comprehensive income | $ | 59 |  |  | $ | 68 |  |  | $ | 141 |  |  | $ | 365 |  |  | $ | (574 | ) |  | $ | 59 |
Schedule Of Condensed Consolidating Balance Sheet Table | As of June 30, 2016
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | 3 |  |  | $ | 81 |  |  | $ | — |  |  | $ | 443 |  |  | $ | — |  |  | $ | 527 |
| Receivables, net | — |  |  | — |  |  | 249 |  |  | 511 |  |  | — |  |  | 760 |
| Other current assets | 5 |  |  | 111 |  |  | 102 |  |  | 638 |  |  | — |  |  | 856 |
Total current assets | 8 |  |  | 192 |  |  | 351 |  |  | 1,592 |  |  | — |  |  | 2,143 |
Property and equipment, net | — |  |  | 142 |  |  | 346 |  |  | 195 |  |  | — |  |  | 683 |
Deferred income taxes | 20 |  |  | 1,232 |  |  | 255 |  |  | — |  |  | (17 | ) |  | 1,490 |
Goodwill | — |  |  | — |  |  | 489 |  |  | 515 |  |  | — |  |  | 1,004 |
Other intangibles, net | — |  |  | 29 |  |  | 512 |  |  | 355 |  |  | — |  |  | 896 |
Other non-current assets | 95 |  |  | 18 |  |  | 20 |  |  | 111 |  |  | — |  |  | 244 |
Intercompany receivables | 166 |  |  | 348 |  |  | 1,166 |  |  | 767 |  |  | (2,447 | ) |  | — |
Investment in subsidiaries | 165 |  |  | 3,573 |  |  | 3,773 |  |  | — |  |  | (7,511 | ) |  | — |
Total assets exclusive of assets under vehicle programs | 454 |  |  | 5,534 |  |  | 6,912 |  |  | 3,535 |  |  | (9,975 | ) |  | 6,460 |
Assets under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Program cash | — |  |  | — |  |  | — |  |  | 182 |  |  | — |  |  | 182 |
| Vehicles, net | — |  |  | 17 |  |  | 80 |  |  | 13,130 |  |  | — |  |  | 13,227 |
| Receivables from vehicle manufacturers and other | — |  |  | 1 |  |  | — |  |  | 252 |  |  | — |  |  | 253 |
| Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 361 |  |  | — |  |  | 361 |
|  |  | — |  |  | 18 |  |  | 80 |  |  | 13,925 |  |  | — |  |  | 14,023 |
Total assets | $ | 454 |  |  | $ | 5,552 |  |  | $ | 6,992 |  |  | $ | 17,460 |  |  | $ | (9,975 | ) |  | $ | 20,483 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |
| Accounts payable and other current liabilities | $ | 25 |  |  | $ | 189 |  |  | $ | 585 |  |  | $ | 944 |  |  | $ | — |  |  | $ | 1,743 |
| Short-term debt and current portion of long-term debt | — |  |  | 15 |  |  | 4 |  |  | 9 |  |  | — |  |  | 28 |
Total current liabilities | 25 |  |  | 204 |  |  | 589 |  |  | 953 |  |  | — |  |  | 1,771 |
Long-term debt | — |  |  | 2,986 |  |  | 2 |  |  | 514 |  |  | — |  |  | 3,502 |
Other non-current liabilities | 90 |  |  | 97 |  |  | 237 |  |  | 366 |  |  | (17 | ) |  | 773 |
Intercompany payables | — |  |  | 2,099 |  |  | 347 |  |  | 1 |  |  | (2,447 | ) |  | — |
Total liabilities exclusive of liabilities under vehicle programs | 115 |  |  | 5,386 |  |  | 1,175 |  |  | 1,834 |  |  | (2,464 | ) |  | 6,046 |
Liabilities under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Debt | — |  |  | 1 |  |  | 71 |  |  | 3,106 |  |  | — |  |  | 3,178 |
| Due to Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 7,987 |  |  | — |  |  | 7,987 |
Deferred income taxes | — |  |  | — |  |  | 2,173 |  |  | 177 |  |  | — |  |  | 2,350 |
Other | — |  |  | — |  |  | — |  |  | 583 |  |  | — |  |  | 583 |
|  |  | — |  |  | 1 |  |  | 2,244 |  |  | 11,853 |  |  | — |  |  | 14,098 |
Total stockholders’ equity | 339 |  |  | 165 |  |  | 3,573 |  |  | 3,773 |  |  | (7,511 | ) |  | 339 |
Total liabilities and stockholders’ equity | $ | 454 |  |  | $ | 5,552 |  |  | $ | 6,992 |  |  | $ | 17,460 |  |  | $ | (9,975 | ) |  | $ | 20,483 |
As of December 31, 2015
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | 4 |  |  | $ | 70 |  |  | $ | — |  |  | $ | 378 |  |  | $ | — |  |  | $ | 452 |
| Receivables, net | — |  |  | — |  |  | 212 |  |  | 456 |  |  | — |  |  | 668 |
| Other current assets | 2 |  |  | 78 |  |  | 83 |  |  | 344 |  |  | — |  |  | 507 |
Total current assets | 6 |  |  | 148 |  |  | 295 |  |  | 1,178 |  |  | — |  |  | 1,627 |
Property and equipment, net | — |  |  | 134 |  |  | 345 |  |  | 202 |  |  | — |  |  | 681 |
Deferred income taxes | 20 |  |  | 1,246 |  |  | 253 |  |  | — |  |  | (31 | ) |  | 1,488 |
Goodwill | — |  |  | — |  |  | 487 |  |  | 486 |  |  | — |  |  | 973 |
Other intangibles, net | — |  |  | 30 |  |  | 525 |  |  | 362 |  |  | — |  |  | 917 |
Other non-current assets | 93 |  |  | 15 |  |  | 17 |  |  | 107 |  |  | — |  |  | 232 |
Intercompany receivables | 160 |  |  | 367 |  |  | 1,070 |  |  | 696 |  |  | (2,293 | ) |  | — |
Investment in subsidiaries | 272 |  |  | 3,426 |  |  | 3,680 |  |  | — |  |  | (7,378 | ) |  | — |
Total assets exclusive of assets under vehicle programs | 551 |  |  | 5,366 |  |  | 6,672 |  |  | 3,031 |  |  | (9,702 | ) |  | 5,918 |
Assets under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Program cash | — |  |  | — |  |  | — |  |  | 258 |  |  | — |  |  | 258 |
| Vehicles, net | — |  |  | 18 |  |  | 78 |  |  | 10,562 |  |  | — |  |  | 10,658 |
| Receivables from vehicle manufacturers and other | — |  |  | — |  |  | — |  |  | 438 |  |  | — |  |  | 438 |
| Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 362 |  |  | — |  |  | 362 |
|  |  | — |  |  | 18 |  |  | 78 |  |  | 11,620 |  |  | — |  |  | 11,716 |
Total assets | $ | 551 |  |  | $ | 5,384 |  |  | $ | 6,750 |  |  | $ | 14,651 |  |  | $ | (9,702 | ) |  | $ | 17,634 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |
| Accounts payable and other current liabilities | $ | 24 |  |  | $ | 180 |  |  | $ | 471 |  |  | $ | 810 |  |  | $ | — |  |  | $ | 1,485 |
| Short-term debt and current portion of long-term debt | — |  |  | 14 |  |  | 5 |  |  | 7 |  |  | — |  |  | 26 |
Total current liabilities | 24 |  |  | 194 |  |  | 476 |  |  | 817 |  |  | — |  |  | 1,511 |
Long-term debt | — |  |  | 2,932 |  |  | 2 |  |  | 501 |  |  | — |  |  | 3,435 |
Other non-current liabilities | 88 |  |  | 85 |  |  | 237 |  |  | 355 |  |  | (31 | ) |  | 734 |
Intercompany payables | — |  |  | 1,897 |  |  | 336 |  |  | 60 |  |  | (2,293 | ) |  | — |
Total liabilities exclusive of liabilities under vehicle programs | 112 |  |  | 5,108 |  |  | 1,051 |  |  | 1,733 |  |  | (2,324 | ) |  | 5,680 |
Liabilities under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Debt | — |  |  | 4 |  |  | 74 |  |  | 1,986 |  |  | — |  |  | 2,064 |
| Due to Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 6,796 |  |  | — |  |  | 6,796 |
| Deferred income taxes | — |  |  | — |  |  | 2,199 |  |  | 168 |  |  | — |  |  | 2,367 |
| Other | — |  |  | — |  |  | — |  |  | 288 |  |  | — |  |  | 288 |
|  |  | — |  |  | 4 |  |  | 2,273 |  |  | 9,238 |  |  | — |  |  | 11,515 |
Total stockholders’ equity | 439 |  |  | 272 |  |  | 3,426 |  |  | 3,680 |  |  | (7,378 | ) |  | 439 |
Total liabilities and stockholders’ equity | $ | 551 |  |  | $ | 5,384 |  |  | $ | 6,750 |  |  | $ | 14,651 |  |  | $ | (9,702 | ) |  | $ | 17,634 |
Consolidating Condensed Statements Of Cash Flows | Six Months Ended June 30, 2016
| Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net cash provided by operating activities | $ | 80 |  |  | $ | 144 |  |  | $ | 30 |  |  | $ | 896 |  |  | $ | (80 | ) |  | $ | 1,070 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Property and equipment additions | — |  |  | (11 | ) |  | (46 | ) |  | (32 | ) |  | — |  |  | (89 | )
Proceeds received on asset sales | — |  |  | 4 |  |  | 1 |  |  | 2 |  |  | — |  |  | 7 |
Net assets acquired (net of cash acquired) | — |  |  | — |  |  | (1 | ) |  | (2 | ) |  | — |  |  | (3 | )
Intercompany loan receipts (advances) | — |  |  | — |  |  | 28 |  |  | — |  |  | (28 | ) |  | — |
Other, net | 93 |  |  | — |  |  | — |  |  | 4 |  |  | (93 | ) |  | 4 |
Net cash provided by (used in) investing activities exclusive of vehicle programs | 93 |  |  | (7 | ) |  | (18 | ) |  | (28 | ) |  | (121 | ) |  | (81 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Decrease in program cash | — |  |  | — |  |  | — |  |  | 82 |  |  | — |  |  | 82 |
Investment in vehicles | — |  |  | (2 | ) |  | (7 | ) |  | (8,491 | ) |  | — |  |  | (8,500 | )
Proceeds received on disposition of vehicles | — |  |  | 20 |  |  | — |  |  | 5,398 |  |  | — |  |  | 5,418 |
| — |  |  | 18 |  |  | (7 | ) |  | (3,011 | ) |  | — |  |  | (3,000 | )
Net cash provided by (used in) investing activities | 93 |  |  | 11 |  |  | (25 | ) |  | (3,039 | ) |  | (121 | ) |  | (3,081 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings | — |  |  | 557 |  |  | — |  |  | 1 |  |  | — |  |  | 558 |
Payments on long-term borrowings | — |  |  | (518 | ) |  | (1 | ) |  | (1 | ) |  | — |  |  | (520 | )
Intercompany loan borrowings (payments) | — |  |  | — |  |  | — |  |  | (28 | ) |  | 28 |  |  | — |
Repurchases of common stock | (174 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (174 | )
Debt financing fees | — |  |  | (10 | ) |  | — |  |  | — |  |  | — |  |  | (10 | )
Other, net | — |  |  | (173 | ) |  | — |  |  | — |  |  | 173 |  |  | — |
Net cash provided by (used in) financing activities exclusive of vehicle programs | (174 | ) |  | (144 | ) |  | (1 | ) |  | (28 | ) |  | 201 |  |  | (146 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | — |  |  | 9,850 |  |  | — |  |  | 9,850 |
Payments on borrowings | — |  |  | — |  |  | (4 | ) |  | (7,610 | ) |  | — |  |  | (7,614 | )
Debt financing fees | — |  |  | — |  |  | — |  |  | (17 | ) |  |  |  |  | (17 | )
| — |  |  | — |  |  | (4 | ) |  | 2,223 |  |  | — |  |  | 2,219 |
Net cash provided by (used in) financing activities | (174 | ) |  | (144 | ) |  | (5 | ) |  | 2,195 |  |  | 201 |  |  | 2,073 |
Effect of changes in exchange rates on cash and cash equivalents | — |  |  | — |  |  | — |  |  | 13 |  |  | — |  |  | 13 |
Net increase (decrease) in cash and cash equivalents | (1 | ) |  | 11 |  |  | — |  |  | 65 |  |  | — |  |  | 75 |
Cash and cash equivalents, beginning of period | 4 |  |  | 70 |  |  | — |  |  | 378 |  |  | — |  |  | 452 |
Cash and cash equivalents, end of period | $ | 3 |  |  | $ | 81 |  |  | $ | — |  |  | $ | 443 |  |  | $ | — |  |  | $ | 527 |
Six Months Ended June 30, 2015
| Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net cash provided by operating activities | $ | 3 |  |  | $ | 158 |  |  | $ | 69 |  |  | $ | 797 |  |  | $ | — |  |  | $ | 1,027 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Property and equipment additions | — |  |  | (11 | ) |  | (38 | ) |  | (31 | ) |  | — |  |  | (80 | )
Proceeds received on asset sales | — |  |  | 3 |  |  | — |  |  | 3 |  |  | — |  |  | 6 |
Net assets acquired (net of cash acquired) | — |  |  | (8 | ) |  | — |  |  | (214 | ) |  | — |  |  | (222 | )
Intercompany loan receipts (advances) | — |  |  | (30 | ) |  | (94 | ) |  | — |  |  | 124 |  |  | — |
Other, net | 114 |  |  | (95 | ) |  | 1 |  |  | — |  |  | (21 | ) |  | (1 | )
Net cash provided by (used in) investing activities exclusive of vehicle programs | 114 |  |  | (141 | ) |  | (131 | ) |  | (242 | ) |  | 103 |  |  | (297 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Increase in program cash | — |  |  | — |  |  | — |  |  | (30 | ) |  | — |  |  | (30 | )
Investment in vehicles | — |  |  | (1 | ) |  | (2 | ) |  | (7,936 | ) |  | — |  |  | (7,939 | )
Proceeds received on disposition of vehicles | — |  |  | 9 |  |  | — |  |  | 4,540 |  |  | — |  |  | 4,549 |
| — |  |  | 8 |  |  | (2 | ) |  | (3,426 | ) |  | — |  |  | (3,420 | )
Net cash provided by (used in) investing activities | 114 |  |  | (133 | ) |  | (133 | ) |  | (3,668 | ) |  | 103 |  |  | (3,717 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings | — |  |  | 375 |  |  | — |  |  | 1 |  |  | — |  |  | 376 |
Payments on long-term borrowings | — |  |  | (250 | ) |  | (2 | ) |  | (29 | ) |  | — |  |  | (281 | )
Net change in short-term borrowings | — |  |  | — |  |  | — |  |  | (13 | ) |  | — |  |  | (13 | )
Intercompany loan borrowings (payments) | — |  |  | — |  |  | — |  |  | 124 |  |  | (124 | ) |  | — |
Repurchases of common stock | (114 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (114 | )
Debt financing fees | — |  |  | (7 | ) |  | — |  |  | — |  |  | — |  |  | (7 | )
Other, net | — |  |  | (114 | ) |  | 70 |  |  | 23 |  |  | 21 |  |  | — |
Net cash provided by (used in) financing activities exclusive of vehicle programs | (114 | ) |  | 4 |  |  | 68 |  |  | 106 |  |  | (103 | ) |  | (39 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | — |  |  | 9,018 |  |  | — |  |  | 9,018 |
Payments on borrowings | — |  |  | — |  |  | (4 | ) |  | (6,343 | ) |  | — |  |  | (6,347 | )
Debt financing fees | — |  |  | — |  |  | — |  |  | (17 | ) |  | — |  |  | (17 | )
| — |  |  | — |  |  | (4 | ) |  | 2,658 |  |  | — |  |  | 2,654 |
Net cash provided by (used in) financing activities | (114 | ) |  | 4 |  |  | 64 |  |  | 2,764 |  |  | (103 | ) |  | 2,615 |
Effect of changes in exchange rates on cash and cash equivalents | — |  |  | — |  |  | — |  |  | (20 | ) |  | — |  |  | (20 | )
Net increase (decrease) in cash and cash equivalents | 3 |  |  | 29 |  |  | — |  |  | (127 | ) |  | — |  |  | (95 | )
Cash and cash equivalents, beginning of period | 2 |  |  | 210 |  |  | — |  |  | 412 |  |  | — |  |  | 624 |
Cash and cash equivalents, end of period | $ | 5 |  |  | $ | 239 |  |  | $ | — |  |  | $ | 285 |  |  | $ | — |  |  | $ | 529 |

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