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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities of continuing operations:      
Net earnings $ 209,979 $ 169,777 $ 118,170
Less: Earnings (loss) from discontinued operations, net of tax 9,080 (1,591) (6,438)
Earnings from continuing operations 200,899 171,368 124,608
Depreciation expense 939,677 872,262 833,841
Gains on vehicle sales, net (89,108) (62,879) (28,727)
Share-based compensation expense 18,864 17,423 16,543
Amortization expense and other non-cash charges, net 49,209 39,928 40,900
Deferred income tax expense 87,102 90,016 41,097
Changes in operating assets and liabilities, net of acquisitions:      
Receivables 7,107 (92,020) (18,020)
Inventories 729 (6,154) (7,508)
Prepaid expenses and other assets 10,715 (25,040) (4,896)
Accounts payable (22,803) 24,657 6,906
Accrued expenses and other non-current liabilities (68,267) 12,395 23,290
Net cash provided by operating activities of continuing operations 1,134,124 1,041,956 1,028,034
Cash flows from financing activities of continuing operations:      
Net change in commercial paper borrowings (64,751) 46,749 174,939
Debt proceeds 745,777 966,402 314,169
Debt repaid, including capital lease obligations (283,937) (419,287) (248,668)
Dividends on common stock (61,266) (57,504) (54,474)
Common stock issued 28,386 33,359 17,028
Common stock repurchased (26,878) (59,689) (123,300)
Excess tax benefits from share-based compensation 1,341 1,710 754
Debt issuance costs (4,867) (7,538) (2,282)
Net cash provided by (used in) financing activities of continuing operations 333,805 504,202 78,166
Cash flows from investing activities of continuing operations:      
Purchases of property and revenue earning equipment (2,133,235) (1,698,589) (1,070,092)
Sales of revenue earning equipment 405,440 290,336 220,843
Sale and leaseback of revenue earning equipment 130,184 37,395 0
Sales of operating property and equipment 7,350 9,905 13,844
Acquisitions (5,113) (361,921) (211,897)
Collections on direct finance leases 71,897 62,224 61,767
Changes in restricted cash 19,204 3,478 (107)
Other, net 0 0 3,178
Net cash used in investing activities of continuing operations (1,504,273) (1,657,172) (982,464)
Effect of exchange rate changes on cash 1,344 3,219 1,723
(Decrease) increase in cash and cash equivalents from continuing operations (35,000) (107,795) 125,459
Cash flows from discontinued operations:      
Operating cash flows (3,219) (500) (9,276)
Financing cash flows 0 (140) (2,955)
Investing cash flows 0 0 1,677
Effect of exchange rate changes on cash 39 (46) (377)
Decrease in cash and cash equivalents from discontinued operations (3,180) (686) (10,931)
Decrease (increase) in cash and cash equivalents (38,180) (108,481) 114,528
Cash and cash equivalents at January 1 104,572 213,053 98,525
Cash and cash equivalents at December 31 $ 66,392 $ 104,572 $ 213,053