Guarantees (Tables)

12 Months Ended

Dec. 31, 2012

Guarantees [Abstract]

Maximum determinable exposure of each type of guarantee and the corresponding liability

At December 31, 2012 and 2011, the maximum determinable exposure of each type of guarantee and the corresponding liability, if any, recorded on the Consolidated Balance Sheets were as follows:

	December 31, 2012			December 31, 2011
Guarantee	Maximum Exposure of Guarantee		Carrying Amount of Liability	Maximum Exposure of Guarantee	Carrying Amount of Liability
	(In thousands)
Vehicle residual value guarantees (end of lease term)— operating leases(1)	$	24,544	—	—	—
Vehicle residual value guarantees — finance lease programs	14		11	805	244
Standby letters of credit	6,234		6,234	7,520	7,520
Total	$	30,792	6,245	8,325	7,764

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(1) Amounts exclude contingent rentals associated with residual value guarantees on certain vehicles held under operating leases for which the guarantees are conditioned upon disposal of the leased vehicles prior to the end of their lease term. At December 31, 2012 and 2011, our maximum exposure for such guarantees was approximately $183 million and $91 million, respectively, with $2 million and $4 million recorded as a liability at December 31, 2012 and 2011, respectively.

Letters of credit and surety bonds outstanding

At December 31, 2012 and 2011, we had letters of credit and surety bonds outstanding, which primarily guarantee various insurance activities as noted in the following table:

	December 31,
	2012		2011
	(In thousands)
Letters of credit	$	198,227	196,671
Surety bonds	95,856		74,280