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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities from continuing operations:    
Net earnings $ 88,965 $ 129,544
Less: Loss from discontinued operations, net of tax (657) (683)
Earnings from continuing operations 89,622 130,227
Depreciation expense 621,020 581,043
Used vehicle sales, net 14,542 (31,129)
Amortization expense and other non-cash charges, net 17,058 9,177
Non-operating pension costs and share-based compensation expense 23,979 32,231
Deferred income tax expense 43,009 67,031
Changes in operating assets and liabilities:    
Receivables (75,093) (39,071)
Inventories 2,524 (2,633)
Prepaid expenses and other assets (1,115) (18,734)
Accounts payable 7,666 68,584
Accrued expenses and other non-current liabilities (11,517) (33,702)
Net cash provided by operating activities from continuing operations 731,695 763,024
Cash flows from financing activities:    
Net change in commercial paper borrowings and revolving credit facilities 329,268 162,105
Debt proceeds 575,528 298,254
Debt repaid (925,999) (328,416)
Dividends on common stock (47,250) (44,261)
Common stock issued 6,007 6,259
Common stock repurchased (58,228) (21,899)
Debt issuance costs (1,285) (2,995)
Net cash (used in) provided by financing activities (121,959) 69,047
Cash flows from investing activities:    
Purchases of property and revenue earning equipment (855,252) (1,120,182)
Sales of revenue earning equipment 202,033 245,681
Sales of operating property and equipment 3,960 6,322
Collections on direct finance leases and other items 32,829 43,957
Changes in restricted cash 259 886
Net cash used in investing activities (616,171) (823,336)
Effect of exchange rate changes on cash 3,352 (3,415)
(Decrease)/Increase in cash and cash equivalents from continuing operations (3,083) 5,320
Decrease in cash and cash equivalents from discontinued operations (355) (301)
(Decrease)/Increase in cash and cash equivalents (3,438) 5,019
Cash and cash equivalents at beginning of period 58,801 60,945
Cash and cash equivalents at end of period $ 55,363 $ 65,964