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Revenue Earning Equipment
 12 Months Ended
Dec. 31, 2014
Revenue Earning Equipment [Abstract]  
REVENUE EARNING EQUIPMENT
REVENUE EARNING EQUIPMENT
 
 
Estimated
Useful
Lives
 
December 31, 2014
 
December 31, 2013
Cost
 
Accumulated
Depreciation
 
Net Book
Value (1)
 
Cost
 
Accumulated
Depreciation
 
Net Book
Value (1)
(In years)
 
(In thousands)
Held for use:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Full service lease
 
3 — 12
 
$
7,918,497

 
(2,591,688
)
 
5,326,809

 
7,436,093

 
(2,537,077
)
 
4,899,016

Commercial rental
 
4.5 — 12
 
2,411,957

 
(830,683
)
 
1,581,274

 
2,210,863

 
(747,283
)
 
1,463,580

Held for sale
 
 
 
312,698

 
(226,333
)
 
86,365

 
439,983

 
(311,742
)
 
128,241

Total
 
 
 
$
10,643,152

 
(3,648,704
)
 
6,994,448

 
10,086,939

 
(3,596,102
)
 
6,490,837

_______________ 
(1)
Revenue earning equipment, net includes vehicles under capital leases of $48 million, less accumulated depreciation of $22 million, at December 31, 2014 and $54 million, less accumulated depreciation of $22 million, at December 31, 2013.
Depreciation expense was $961 million, $884 million and $867 million in 2014, 2013 and 2012, respectively.