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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Worldwide car rental $ 8,434 $ 8,907 $ 8,709
Worldwide equipment rental 1,518 1,571 1,539
All other operations 583 568 527
Total revenues 10,535 11,046 10,775
Expenses:      
Direct operating 5,896 6,314 5,777
Depreciation of revenue earning equipment and lease charges, net 2,762 3,034 2,533
Selling, general and administrative 1,045 1,088 1,053
Interest expense, net 622 648 707
Other (income) expense, net (131) (15) 102
Total expenses 10,194 11,069 10,172
Income (loss) before income taxes 341 (23) 603
(Provision) benefit for taxes on income (loss) (68) (59) (301)
Net income (loss) $ 273 $ (82) $ 302
Weighted average shares outstanding:      
Basic (in shares) 452 454 422
Diluted (in shares) 456 454 464
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.60 $ (0.18) $ 0.72
Diluted (in dollars per share) $ 0.60 $ (0.18) $ 0.67