2013 Form 10-K Financial Statement

#000136447914000006 Filed on March 19, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $10.78B $2.320B $2.517B
YoY Change 19.55% 15.19% 3.49%
Cost Of Revenue $935.3M
YoY Change 0.62%
Gross Profit $800.3M
YoY Change 17.9%
Gross Profit Margin 7.43%
Selling, General & Admin $1.053B $331.1M $204.7M
YoY Change 7.67% 3.62%
% of Gross Profit 131.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $394.2M
YoY Change 9.11%
% of Gross Profit 49.26%
Operating Expenses $1.053B $331.1M $204.7M
YoY Change 7.67% 3.62%
Operating Profit -$252.7M
YoY Change -15.54%
Interest Expense $716.0M $154.9M
YoY Change 10.17% -8.53%
% of Operating Profit
Other Income/Expense, Net -$102.0M $9.500M
YoY Change 200.0% -32858.62%
Pretax Income $497.0M -$43.10M $373.1M
YoY Change 76.87% -146.44% 26.18%
Income Tax $301.0M -$6.300M $129.3M
% Of Pretax Income 60.56% 34.66%
Net Earnings $302.0M $242.9M
YoY Change 64.13% 14.3%
Net Earnings / Revenue 2.8% 9.65%
Basic Earnings Per Share $0.72 -$0.09 $0.58
Diluted Earnings Per Share $0.67 -$0.09 $0.55
COMMON SHARES
Basic Shares Outstanding 422.0M shares 421.0M shares 420.6M shares
Diluted Shares Outstanding 464.0M shares 445.5M shares

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.40M
YoY Change
Cash & Equivalents $15.40M $541.0M $453.4M
Short-Term Investments
Other Short-Term Assets $103.9M
YoY Change
Inventory $39.20M $102.0M $106.0M
Prepaid Expenses
Receivables $332.1M
Other Receivables $499.4M
Total Short-Term Assets $990.0M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $2.673B $1.259B $1.280B
YoY Change 0.57%
Goodwill $1.333B $454.7M
YoY Change 239.96%
Intangibles $4.180B $2.532B
YoY Change 63.14%
Long-Term Investments
YoY Change
Other Assets $12.20M
YoY Change
Total Long-Term Assets $3.142B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $990.0M
Total Long-Term Assets $3.142B
Total Assets $4.132B $23.13B $19.54B
YoY Change 30.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $246.2M
YoY Change
Accrued Expenses $72.60M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $719.0M
YoY Change
Long-Term Debt Due $91.30M
YoY Change
Total Short-Term Liabilities $1.175B
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $356.2M
YoY Change
Other Long-Term Liabilities $23.50M
YoY Change
Total Long-Term Liabilities $379.7M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.175B
Total Long-Term Liabilities $379.7M
Total Liabilities $2.255B $20.80B $17.00B
YoY Change 34.71%
SHAREHOLDERS EQUITY
Retained Earnings -$884.0M -$667.6M
YoY Change -6.66%
Common Stock $3.238B $3.225B
YoY Change 0.87%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $1.877B $2.486B $2.542B
YoY Change
Total Liabilities & Shareholders Equity $4.132B $23.13B $19.54B
YoY Change 30.86%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $302.0M $242.9M
YoY Change 64.13% 14.3%
Depreciation, Depletion And Amortization $394.2M
YoY Change 9.11%
Cash From Operating Activities $572.7M
YoY Change 39.61%
INVESTING ACTIVITIES
Capital Expenditures -$734.8M
YoY Change -10.05%
Acquisitions $41.00M
YoY Change -97.85%
Other Investing Activities $2.000M
YoY Change 0.0%
Cash From Investing Activities -$589.5M
YoY Change -23.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $555.0M
YoY Change
Debt Paid & Issued, Net $1.045B
YoY Change 9.77%
Cash From Financing Activities 10.30M
YoY Change -96.95%
NET CHANGE
Cash From Operating Activities 572.7M
Cash From Investing Activities -589.5M
Cash From Financing Activities 10.30M
Net Change In Cash -6.500M
YoY Change -69.91%
FREE CASH FLOW
Cash From Operating Activities $572.7M
Capital Expenditures -$734.8M
Free Cash Flow $1.308B
YoY Change 6.55%

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CY2013Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2012Q4 us-gaap Derivative Assets
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4500000 USD
CY2013Q4 us-gaap Derivative Assets
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12700000 USD
CY2012Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2013Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2012Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
-1500000 USD
CY2013Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
-1700000 USD
CY2012Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2013Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2012Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
-1500000 USD
CY2013Q4 us-gaap Derivative Collateral Right To Reclaim Securities
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-1700000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
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4500000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
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12700000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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3000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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11000000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
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5500000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
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14200000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
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4000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
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12500000 USD
CY2013 us-gaap Derivative Gain Loss On Derivative Net
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0 USD
CY2011 us-gaap Derivative Gain Loss On Derivative Net
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0 USD
CY2012 us-gaap Derivative Gain Loss On Derivative Net
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8500000 USD
CY2012Q4 us-gaap Derivative Liabilities
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5500000 USD
CY2013Q4 us-gaap Derivative Liabilities
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14200000 USD
CY2012Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
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0 USD
CY2013Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
0 USD
CY2013 us-gaap Direct Operating Costs
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5752000000 USD
CY2012 us-gaap Direct Operating Costs
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4806000000 USD
us-gaap Earnings Per Share Basic
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0.84
us-gaap Earnings Per Share Basic
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0.33
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0 USD
CY2011 us-gaap Direct Operating Costs
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4573100000 USD
CY2012Q4 us-gaap Direct Operating Costs
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1257700000 USD
us-gaap Direct Operating Costs
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2309300000 USD
CY2012Q1 us-gaap Direct Operating Costs
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CY2012Q2 us-gaap Direct Operating Costs
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1194200000 USD
us-gaap Direct Operating Costs
DirectOperatingCosts
3547300000 USD
CY2012Q3 us-gaap Direct Operating Costs
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1238000000 USD
CY2013Q1 us-gaap Direct Operating Costs
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1358900000 USD
CY2013Q2 us-gaap Direct Operating Costs
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1414200000 USD
us-gaap Direct Operating Costs
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2773100000 USD
us-gaap Direct Operating Costs
DirectOperatingCosts
4312700000 USD
CY2013Q3 us-gaap Direct Operating Costs
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1539500000 USD
CY2012 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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-46300000 USD
CY2011 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2013 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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-4100000 USD
CY2012Q4 us-gaap Due To Related Parties Current And Noncurrent
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190000000 USD
CY2013 us-gaap Earnings Per Share Basic
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0.82
CY2012 us-gaap Earnings Per Share Basic
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0.57
CY2011 us-gaap Earnings Per Share Basic
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0.39
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us-gaap Earnings Per Share Basic
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0.08
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0.21
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-0.13
CY2012Q3 us-gaap Earnings Per Share Basic
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0.58
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2013Q2 us-gaap Earnings Per Share Basic
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0.30
CY2013Q1 us-gaap Earnings Per Share Basic
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0.04
CY2013Q3 us-gaap Earnings Per Share Basic
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0.49
CY2013Q4 us-gaap Earnings Per Share Basic
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0.00
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0.76
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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5700000 USD
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
3700000 USD
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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0.459
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.399
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.478
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.090
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.057
CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.007
CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.007
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.002
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.012
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.040
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.036
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.026
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.027
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.049
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.012
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.010
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.048
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.007
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.010
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.005
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
29900000 USD
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y4M26D
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14000000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
12000000 USD
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11700000 USD
CY2013 us-gaap Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
0.40
CY2013 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.065
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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0 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
467600000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
589300000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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119800000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
52900000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
54000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
66700000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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116200000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1152200000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1167200000 USD
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FiniteLivedIntangibleAssetsNet
684600000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
577900000 USD
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-2500000 USD
CY2011 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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26600000 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
0 USD
CY2012 us-gaap Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
GainLossOnInterestRateCashFlowHedgeIneffectiveness
0 USD
CY2011 us-gaap Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
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0 USD
CY2013 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
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-37200000 USD
CY2012 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
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96800000 USD
CY2011 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
112200000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
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8300000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
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3900000 USD
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
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43500000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
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-34700000 USD
CY2011 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2012 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2012Q4 us-gaap Goodwill
Goodwill
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CY2013Q4 us-gaap Goodwill
Goodwill
1347500000 USD
CY2011Q4 us-gaap Goodwill
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392100000 USD
CY2013 us-gaap Goodwill Acquired During Period
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4000000 USD
CY2012 us-gaap Goodwill Acquired During Period
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954300000 USD
CY2013 us-gaap Goodwill Translation Adjustments
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1000000 USD
CY2012 us-gaap Goodwill Translation Adjustments
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-1800000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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349900000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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173900000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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551200000 USD
CY2012Q4 us-gaap Goodwill Gross
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2050300000 USD
CY2013Q4 us-gaap Goodwill Gross
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2068500000 USD
CY2011Q4 us-gaap Goodwill Gross
GoodwillGross
1113100000 USD
CY2013Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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721000000 USD
CY2012Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
721000000 USD
CY2011Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
721000000 USD
CY2013 us-gaap Goodwill Period Increase Decrease
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18200000 USD
CY2012 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
937200000 USD
CY2013 us-gaap Goodwill Purchase Accounting Adjustments
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13200000 USD
CY2012 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-15300000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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111900000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
131700000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
91500000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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305600000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
441400000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
663100000 USD
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-43100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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111300000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
148000000 USD
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
373100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
484400000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
73700000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
205900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
279600000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
321300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
600800000 USD
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
62300000 USD
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1700000 USD
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2013 us-gaap Income Tax Effects Allocated Directly To Equity Employee Stock Options
IncomeTaxEffectsAllocatedDirectlyToEquityEmployeeStockOptions
0 USD
CY2011 us-gaap Income Tax Effects Allocated Directly To Equity Employee Stock Options
IncomeTaxEffectsAllocatedDirectlyToEquityEmployeeStockOptions
400000 USD
CY2012 us-gaap Income Tax Effects Allocated Directly To Equity Employee Stock Options
IncomeTaxEffectsAllocatedDirectlyToEquityEmployeeStockOptions
900000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
316900000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
202800000 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
121800000 USD
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79700000 USD
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19600000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
60100000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
129300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
209000000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57900000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
143000000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
111100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
254000000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
70900000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
71700000 USD
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
49600000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
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23200000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
34000000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1100000 USD
CY2011 us-gaap Increase Decrease In Accounts Receivable
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73600000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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34700000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
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149200000 USD
CY2011 us-gaap Increase Decrease In Accrued Income Taxes Payable
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13400000 USD
CY2012 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
28800000 USD
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
24500000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities
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-29600000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
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25200000 USD
CY2011 us-gaap Increase Decrease In Accrued Liabilities
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-145000000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
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308300000 USD
CY2011 us-gaap Increase Decrease In Restricted Cash
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101800000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash
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241600000 USD
CY2012 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
23300000 shares
CY2011 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
21400000 shares
CY2013 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Background</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Hertz Global Holdings, Inc., or &#8220;Hertz Holdings,&#8221; is our top-level holding company. The Hertz Corporation, or &#8220;Hertz,&#8221; is our primary operating company and a direct wholly owned subsidiary of Hertz Investors, Inc., which is wholly owned by Hertz Holdings. &#8220;We,&#8221; &#8220;us&#8221; and &#8220;our&#8221; mean Hertz Holdings and its consolidated subsidiaries, including Hertz and Dollar Thrifty Automotive Group, Inc., or "Dollar Thrifty." </font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We are a successor to corporations that have been engaged in the car and truck rental and leasing business since 1918 and the equipment rental business since 1965. Hertz Holdings was incorporated in Delaware in 2005 to serve as the top-level holding company for the consolidated Hertz business. Hertz was incorporated in Delaware in 1967. Ford Motor Company acquired an ownership interest in Hertz in 1987. Prior to this, Hertz was a subsidiary of United Continental Holdings, Inc. (formerly Allegis Corporation), which acquired Hertz's outstanding capital stock from RCA Corporation in 1985.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">On December&#160;21, 2005, investment funds associated with or designated by:</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Clayton, Dubilier &amp; Rice, Inc., which was succeeded by Clayton, Dubilier &amp; Rice, LLC, or &#8220;CD&amp;R,&#8221;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The Carlyle Group, or &#8220;Carlyle,&#8221; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Merrill Lynch &amp; Co., Inc., or "Merrill Lynch,"</font></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">or collectively the &#8220;Sponsors,&#8221; acquired all of Hertz's common stock from Ford Holdings&#160;LLC.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">On September 1, 2011, Hertz completed the acquisition of Donlen Corporation, or "Donlen," a leading provider of fleet leasing and management services. See Note 4&#8212;Business Combinations and Divestitures.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In December 2011, Hertz purchased the noncontrolling interest of Navigation Solutions, L.L.C., thereby increasing its ownership interest from </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">65%</font><font style="font-family:Arial;font-size:10pt;"> to </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">100%</font><font style="font-family:Arial;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">On November 19, 2012, Hertz completed the acquisition of Dollar Thrifty, a car rental business. See Note 4&#8212;Business Combinations and Divestitures.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">On December 12, 2012, Hertz completed the sale of Simply Wheelz LLC, a wholly owned subsidiary of Hertz that operated our Advantage Rent A Car business. See Note 4&#8212;Business Combinations and Divestitures.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In December 2012, the Sponsors sold </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">50,000,000</font><font style="font-family:Arial;font-size:10pt;"> shares of their Hertz Holdings common stock to J.P. Morgan as the sole underwriter in the registered public offering of those shares.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In March 2013, the Sponsors sold </font><font style="font-family:Arial;font-size:10pt;">60,050,777</font><font style="font-family:Arial;font-size:10pt;"> shares of their Hertz Holdings common stock to Citigroup Global Markets Inc. and Barclays Capital Inc. as the underwriters in the registered public offering of those shares. In connection with the offering, Hertz Holdings repurchased from the underwriters </font><font style="font-family:Arial;font-size:10pt;">23,200,000</font><font style="font-family:Arial;font-size:10pt;"> of the </font><font style="font-family:Arial;font-size:10pt;">60,050,777</font><font style="font-family:Arial;font-size:10pt;"> shares of common stock sold by the Sponsors.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In May 2013, the Sponsors sold </font><font style="font-family:Arial;font-size:10pt;">49,800,405</font><font style="font-family:Arial;font-size:10pt;"> shares of their remaining Hertz Holdings common stock to Goldman Sachs &amp; Co. and J.P. Morgan Securities LLC as the underwriters in the registered public offering of those shares.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">After giving effect to our initial public offering in November 2006, subsequent offerings and a March 2013 share repurchase, the Sponsors do not own any of the outstanding shares of common stock of Hertz Holdings, other than de minimus amounts held from time to time by the Sponsors and their affiliates in the ordinary course of business.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Rights Agreement</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">On December 30, 2013, the board of directors of Hertz Holdings declared a dividend of one preferred share purchase right for each outstanding share of Hertz Holdings common stock, to purchase from Hertz Holdings </font><font style="font-family:Arial;font-size:10pt;">one ten-thousandth</font><font style="font-family:Arial;font-size:10pt;"> of a share of Series A Junior Participating Preferred Stock, par value </font><font style="font-family:Arial;font-size:10pt;">$0.01</font><font style="font-family:Arial;font-size:10pt;"> per share, of Hertz Holdings at a price of </font><font style="font-family:Arial;font-size:10pt;">$115.00</font><font style="font-family:Arial;font-size:10pt;"> per </font><font style="font-family:Arial;font-size:10pt;">one ten-thousandth</font><font style="font-family:Arial;font-size:10pt;"> of a share of preferred stock, subject to adjustment as provided in the associated rights agreement. The description and terms of the preferred share purchase rights are set forth in a rights agreement, dated as of December 30, 2013, between Hertz Holdings and Computershare Trust Company, N.A., as rights agent.</font></div></div>
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CY2011 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
23200000 USD
CY2013 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
54300000 USD
CY2011 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
91500000 USD
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
49400000 USD
CY2011 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11500000 USD
CY2012 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20100000 USD
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12000000 USD
CY2013 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2012 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
38000000 USD
CY2011 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2012Q4 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
2551000000 USD
CY2011 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
227100000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1904600000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
254000000 USD
CY2012 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
297100000 USD
CY2011 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
281700000 USD
CY2011 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
460900000 USD
CY2013 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
596400000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1127700000 USD
CY2008 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
10700 employee
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
717200000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
489300000 USD
CY2012 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6463600000 USD
CY2011 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
53800000 USD
CY2013 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
73000000 USD
CY2012 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
122000000 USD
CY2011 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
23100000 USD
CY2012 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2013 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
26900000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
238600000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
183800000 USD
CY2013 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
313800000 USD
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain prior period amounts have been reclassified to conform with current year presentation.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In the third quarter of 2013 we changed the composition of our reportable segments upon further consideration of the guidance provided in the Financial Accounting Standards Board, or &#8220;FASB,&#8221; Accounting Standards Codification, or &#8220;ASC,&#8221; Topic 280, Segment Reporting. We historically aggregated our U.S., Europe, Other International and Donlen car rental operating segments together to produce a worldwide car rental reportable segment. We now present our operations as four reportable segments (U.S. car rental, international car rental, worldwide equipment rental and all other operations). We have revised our segment results presented herein to reflect this new segment structure, including </font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;">for</font><font style="font-family:Arial;font-size:10pt;"> prior periods. Such revisions have no impact on our consolidated financial condition, results of operations or cash flows for the periods presented. See Note 11&#8212;Segment Information.</font></div></div>
CY2011 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2012 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
84500000 USD
CY2013 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2237300000 USD
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1774700000 USD
CY2011 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3062500000 USD
CY2011 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
3600000 USD
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
5100000 USD
CY2012 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
4300000 USD
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
9511600000 USD
CY2013 us-gaap Restructuring Charges
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77000000 USD
CY2012 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
438400000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
346200000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2549900000 USD
CY2011 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
5106800000 USD
CY2011 us-gaap Restructuring Charges
RestructuringCharges
56400000 USD
CY2012 us-gaap Restructuring Charges
RestructuringCharges
38000000 USD
CY2012Q4 us-gaap Restructuring Reserve
RestructuringReserve
21000000 USD
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
21600000 USD
CY2013Q4 us-gaap Restructuring Reserve
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48400000 USD
CY2012 us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
-1800000 USD
CY2013 us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
-1000000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-725000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2619100000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1436400000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1514300000 USD
CY2013Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
2679600000 USD
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13100000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11200000 USD
CY2012Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1850400000 USD
CY2012Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
12548800000 USD
CY2013Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
14456600000 USD
CY2013Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
14193400000 USD
CY2012Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
12896600000 USD
CY2012 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
38300000 USD
CY2011 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
28200000 USD
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
45900000 USD
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
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1288800000 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1362100000 USD
CY2012 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
9500000 USD
CY2011 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2700000 USD
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
10000000 USD
CY2013Q3 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
11900000 USD
CY2011 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5164100000 USD
CY2012 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5190500000 USD
CY2013 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
9104500000 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
952100000 USD
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3649300000 USD
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1044800000 USD
CY2013 us-gaap Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
1017500000 USD
CY2012 us-gaap Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
1280100000 USD
CY2011 us-gaap Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
1194100000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
551600000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
859900000 USD
CY2013 us-gaap Restructuring And Related Cost Cost Incurred To Date
RestructuringAndRelatedCostCostIncurredToDate
645400000 USD
CY2013 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
77000000 USD
CY2012 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
38000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-378800000 USD
CY2011 us-gaap Revenues
Revenues
8299300000 USD
CY2013 us-gaap Revenue Recognition Services Franchise Fees
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Franchise Revenues and Transactions</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#8220;Franchise revenues&#8221; includes franchise fees for use of our brands and services. Generally franchise fees from franchised locations are based on a percentage of net sales of the franchised business and are recognized as earned and when collectability is reasonably assured.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Initial franchise fees are recorded as deferred income when received and are recognized as revenue when all material services and conditions related to the franchise fee have been substantially performed. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Renewal franchise fees are recognized as revenue when the license agreements are effective and collectability is reasonably assured. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Other (income) expense, net includes the gains or losses from the sales of our operations or assets to new and existing franchisees. Such gains or losses are included in operating income because they are expected to be a recurring part of our business.</font></div></div>
CY2013 us-gaap Revenues
Revenues
10771900000 USD
CY2012 us-gaap Revenues
Revenues
9024900000 USD
CY2012Q4 us-gaap Revenues
Revenues
2319700000 USD
us-gaap Revenues
Revenues
4188000000 USD
CY2012Q1 us-gaap Revenues
Revenues
1961700000 USD
CY2012Q2 us-gaap Revenues
Revenues
2226200000 USD
us-gaap Revenues
Revenues
6705200000 USD
CY2012Q3 us-gaap Revenues
Revenues
2517200000 USD
CY2013Q1 us-gaap Revenues
Revenues
2436900000 USD
CY2013Q2 us-gaap Revenues
Revenues
2709200000 USD
us-gaap Revenues
Revenues
5146200000 USD
CY2013Q3 us-gaap Revenues
Revenues
3069400000 USD
us-gaap Revenues
Revenues
8215600000 USD
CY2013Q4 us-gaap Revenues
Revenues
2556400000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
34800000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
30300000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
31100000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0256
CY2008Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
32700000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
19900000 shares
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
767700000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
968100000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1022200000 USD
CY2012Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
331100000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
432300000 USD
CY2012Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
218400000 USD
CY2012Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
214000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
637000000 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
204700000 USD
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
280900000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
247600000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
528500000 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
271500000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
800000000 USD
CY2013Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0181
CY2013Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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3000000 USD
CY2011 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4200000 USD
CY2012 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
5000000 USD
CY2013 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
6000000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11200000 USD
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12700000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
26900000 USD
CY2013 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
402800000 USD
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
554700000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
2486200000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
2858700000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2771200000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2486200000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2113900000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2218000000 USD
CY2013Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
140400000 USD
CY2012Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
144600000 USD
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3900000 shares
CY2013Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
23200000 shares
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
87500000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
0 USD
CY2013Q1 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
467200000 USD
CY2013Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
475000000 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-4300000 USD
CY2013 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1600000 USD
CY2011 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
8000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
41400000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11000000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
46300000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18700000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6700000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
9500000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
26000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3600000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4200000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2900000 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
600000 USD
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1900000 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-1000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3300000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4600000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2600000 USD
htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
1882500000 USD
CY2013Q3 htz Cost Of Services Depreciation And Lease Charges
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674900000 USD
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates and Assumptions</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America, or </font><font style="font-family:inherit;font-size:10pt;">&#8220;</font><font style="font-family:Arial;font-size:10pt;">GAAP,</font><font style="font-family:inherit;font-size:10pt;">&#8221;</font><font style="font-family:Arial;font-size:10pt;"> requires management to make estimates and assumptions that affect the amounts reported in the financial statements and footnotes. Actual results could differ materially from those estimates.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Significant estimates inherent in the preparation of the consolidated financial statements include depreciation of revenue earning equipment, reserves for litigation and other contingencies, accounting for income taxes and related uncertain tax positions, pension and postretirement benefit costs, the fair value of assets and liabilities acquired in business combinations, the recoverability of long-lived assets, useful lives and impairment of long-lived tangible and intangible assets including goodwill, valuation of stock based compensation, public liability and property damage reserves, reserves for restructuring, allowance for doubtful accounts, and fair value of derivatives, among others</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2012Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
440800000 USD
CY2013Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
689700000 USD
CY2013Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
689100000 USD
CY2012Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
440300000 USD
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
444800000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
463900000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
448200000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
419900000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
422300000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
415900000 shares
CY2012Q4 htz Accumulated Depreciation Other Equipment
AccumulatedDepreciationOtherEquipment
1041900000 USD
CY2013Q4 htz Accumulated Depreciation Other Equipment
AccumulatedDepreciationOtherEquipment
1095800000 USD
CY2013 htz Cash And Cash Equivalents Maximum Maturity Period
CashAndCashEquivalentsMaximumMaturityPeriod
P3M
CY2013Q1 htz Common Stock Shares Sold By Investors Group To Underwriter
CommonStockSharesSoldByInvestorsGroupToUnderwriter
60050777 shares
CY2013Q2 htz Common Stock Shares Sold By Investors Group To Underwriter
CommonStockSharesSoldByInvestorsGroupToUnderwriter
49800405 shares
CY2012Q4 htz Common Stock Shares Sold By Investors Group To Underwriter
CommonStockSharesSoldByInvestorsGroupToUnderwriter
50000000 shares
CY2012 htz Cost And Expenses Including Interest Expense
CostAndExpensesIncludingInterestExpense
8583500000 USD
CY2011 htz Cost And Expenses Including Interest Expense
CostAndExpensesIncludingInterestExpense
7993700000 USD
CY2013 htz Cost And Expenses Including Interest Expense
CostAndExpensesIncludingInterestExpense
10108800000 USD
CY2011 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
1896200000 USD
CY2012 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
2128900000 USD
CY2013 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
2525500000 USD
CY2012Q4 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
550000000 USD
htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
1023200000 USD
CY2012Q1 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
508700000 USD
CY2012Q2 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
514500000 USD
htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
1579900000 USD
CY2012Q3 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
556700000 USD
CY2013Q2 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
627500000 USD
CY2013Q1 htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
580100000 USD
htz Cost Of Services Depreciation And Lease Charges
CostOfServicesDepreciationAndLeaseCharges
1207600000 USD
CY2013 htz Cost Of Services Depreciation As Adjusted For Gain Loss Upon Disposal
CostOfServicesDepreciationAsAdjustedForGainLossUponDisposal
2445000000 USD
CY2011 htz Cost Of Services Depreciation As Adjusted For Gain Loss Upon Disposal
CostOfServicesDepreciationAsAdjustedForGainLossUponDisposal
1800000000 USD
CY2013Q2 htz Debt Instrument Interest Rate Alternative Base Rate Margin
DebtInstrumentInterestRateAlternativeBaseRateMargin
1.75
CY2012 htz Cost Of Services Depreciation As Adjusted For Gain Loss Upon Disposal
CostOfServicesDepreciationAsAdjustedForGainLossUponDisposal
2049000000 USD
CY2013 htz Debt Instrument Principal Amount Denomination For Conversion Into Cash
DebtInstrumentPrincipalAmountDenominationForConversionIntoCash
1000 USD
CY2013Q4 htz Debt Instrument Restrictive Covenants Percentage Of Net Income Used For Calculation Of Additional Cash Dividend To Parent
DebtInstrumentRestrictiveCovenantsPercentageOfNetIncomeUsedForCalculationOfAdditionalCashDividendToParent
0.5
CY2011 htz Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
63300000 USD
CY2013 htz Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
241300000 USD
CY2012 htz Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
124600000 USD
CY2013 htz Defined Contribution Plan Maximum Annual Contribution Credit Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionCreditPerEmployeePercent
0.030
CY2013 htz Effective Income Tax Rate Reconciliation Withholding Taxes
EffectiveIncomeTaxRateReconciliationWithholdingTaxes
0.019
CY2012 htz Effective Income Tax Rate Reconciliation Withholding Taxes
EffectiveIncomeTaxRateReconciliationWithholdingTaxes
0.019
CY2011 htz Effective Income Tax Rate Reconciliation Withholding Taxes
EffectiveIncomeTaxRateReconciliationWithholdingTaxes
0.025
CY2013 htz Fixed Interest Rate On Cash Balance Credits In Year2012 And Later Years Percentage
FixedInterestRateOnCashBalanceCreditsInYear2012AndLaterYearsPercentage
0.03
CY2013 htz Maximum Maturity Period For Which Fair Value Approximates Carrying Value
MaximumMaturityPeriodForWhichFairValueApproximatesCarryingValue
P90D
CY2013 htz Gain Loss On Write Downs Of Other Assets
GainLossOnWriteDownsOfOtherAssets
0 USD
CY2011 htz Gain Loss On Write Downs Of Other Assets
GainLossOnWriteDownsOfOtherAssets
-23200000 USD
CY2012 htz Gain Loss On Write Downs Of Other Assets
GainLossOnWriteDownsOfOtherAssets
0 USD
CY2012 htz Increase Decrease In Income Per Share After Tax Effect Restructuring Charges
IncreaseDecreaseInIncomePerShareAfterTaxEffectRestructuringCharges
-0.07
CY2013 htz Increase Decrease In Income Per Share After Tax Effect Restructuring Charges
IncreaseDecreaseInIncomePerShareAfterTaxEffectRestructuringCharges
-0.12
CY2011 htz Increase Decrease In Income Per Share After Tax Effect Restructuring Charges
IncreaseDecreaseInIncomePerShareAfterTaxEffectRestructuringCharges
-0.09
CY2013 htz Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
28000000 USD
CY2011 htz Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
-1000000 USD
CY2012 htz Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
26600000 USD
CY2012 htz Increase Decrease In Public Liability And Property Damage
IncreaseDecreaseInPublicLiabilityAndPropertyDamage
-4300000 USD
CY2011 htz Increase Decrease In Public Liability And Property Damage
IncreaseDecreaseInPublicLiabilityAndPropertyDamage
6600000 USD
CY2013 htz Increase Decrease In Public Liability And Property Damage
IncreaseDecreaseInPublicLiabilityAndPropertyDamage
-3700000 USD
CY2013 htz Increase Decreasein Assets
IncreaseDecreaseinAssets
1324100000 USD
CY2013 htz Increase In Provision For Income Taxes
IncreaseInProvisionForIncomeTaxes
114100000 USD
CY2012Q4 htz Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
4497800000 USD
CY2013Q4 htz Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
4517300000 USD
CY2011 htz Net Income Loss Attributable To Noncontrolling Interest Other
NetIncomeLossAttributableToNoncontrollingInterestOther
-19600000 USD
CY2011 htz Noncontrolling Interest Decrease From Redemptions Or Purchase Of Interests Tax Effect
NoncontrollingInterestDecreaseFromRedemptionsOrPurchaseOfInterestsTaxEffect
9800000 USD
CY2013Q4 htz Other Equipment Gross
OtherEquipmentGross
3512200000 USD
CY2012Q4 htz Other Equipment Gross
OtherEquipmentGross
3240100000 USD
CY2012 htz Payments To Acquire Revenue Earning Equipment
PaymentsToAcquireRevenueEarningEquipment
9612800000 USD
CY2011 htz Payments To Acquire Revenue Earning Equipment
PaymentsToAcquireRevenueEarningEquipment
9431900000 USD
CY2013 htz Payments To Acquire Revenue Earning Equipment
PaymentsToAcquireRevenueEarningEquipment
10298400000 USD
CY2013 htz Proceeds From Disgorgement Of Stockholder Short Swing Profits
ProceedsFromDisgorgementOfStockholderShortSwingProfits
0 USD
CY2012 htz Proceeds From Disgorgement Of Stockholder Short Swing Profits
ProceedsFromDisgorgementOfStockholderShortSwingProfits
0 USD
CY2011 htz Proceeds From Disgorgement Of Stockholder Short Swing Profits
ProceedsFromDisgorgementOfStockholderShortSwingProfits
100000 USD
CY2013 htz Proceeds From Sale Of Revenue Earning Equipment
ProceedsFromSaleOfRevenueEarningEquipment
7264100000 USD
CY2012 htz Proceeds From Sale Of Revenue Earning Equipment
ProceedsFromSaleOfRevenueEarningEquipment
7125100000 USD
CY2011 htz Proceeds From Sale Of Revenue Earning Equipment
ProceedsFromSaleOfRevenueEarningEquipment
7850400000 USD
CY2012Q4 htz Public And Property Damage Liability
PublicAndPropertyDamageLiability
332200000 USD
CY2013Q4 htz Public And Property Damage Liability
PublicAndPropertyDamageLiability
347700000 USD
CY2012 htz Purchase Of Noncontrolling Interest
PurchaseOfNoncontrollingInterest
0 USD
CY2011 htz Purchase Of Noncontrolling Interest
PurchaseOfNoncontrollingInterest
38000000 USD
CY2013 htz Purchase Of Noncontrolling Interest
PurchaseOfNoncontrollingInterest
0 USD
CY2011 htz Purchases Of Revenue Earning Equipment Incurred But Not Yet Paid
PurchasesOfRevenueEarningEquipmentIncurredButNotYetPaid
153600000 USD
CY2013 htz Purchases Of Revenue Earning Equipment Incurred But Not Yet Paid
PurchasesOfRevenueEarningEquipmentIncurredButNotYetPaid
289100000 USD
CY2012 htz Purchases Of Revenue Earning Equipment Incurred But Not Yet Paid
PurchasesOfRevenueEarningEquipmentIncurredButNotYetPaid
247000000 USD
CY2013Q4 htz Restricted Net Assets Of Subsidiaries As Percentage Of Total Consolidated Net Assets Greater Than
RestrictedNetAssetsOfSubsidiariesAsPercentageOfTotalConsolidatedNetAssetsGreaterThan
0.25
CY2012 htz Revenue Car Rental
RevenueCarRental
7161700000 USD
CY2011 htz Revenue Car Rental
RevenueCarRental
6940800000 USD
CY2013 htz Revenue Car Rental
RevenueCarRental
8706900000 USD
CY2013 htz Revenue Equipment Rental
RevenueEquipmentRental
1538000000 USD
CY2011 htz Revenue Equipment Rental
RevenueEquipmentRental
1209500000 USD
CY2012 htz Revenue Equipment Rental
RevenueEquipmentRental
1385400000 USD
CY2013 htz Sales Of Property And Equipment Earned But Not Received
SalesOfPropertyAndEquipmentEarnedButNotReceived
16600000 USD
CY2011 htz Sales Of Property And Equipment Earned But Not Received
SalesOfPropertyAndEquipmentEarnedButNotReceived
41800000 USD
CY2012 htz Sales Of Property And Equipment Earned But Not Received
SalesOfPropertyAndEquipmentEarnedButNotReceived
900000 USD
CY2013 htz Sales Of Revenue Earning Equipment Earned But Not Received
SalesOfRevenueEarningEquipmentEarnedButNotReceived
357300000 USD
CY2011 htz Sales Of Revenue Earning Equipment Earned But Not Received
SalesOfRevenueEarningEquipmentEarnedButNotReceived
620700000 USD
CY2012 htz Sales Of Revenue Earning Equipment Earned But Not Received
SalesOfRevenueEarningEquipmentEarnedButNotReceived
618600000 USD
CY2013Q4 htz Share Based Compensation Arrangement By Share Based Payment Award Shares Of Common Stock Underlying Awards Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesOfCommonStockUnderlyingAwardsOutstanding
14200000 shares
CY2013 htz Share Based Compensation Arrangement By Share Based Payment Award Number Of Common Stock Shares For Each Unit Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfCommonStockSharesForEachUnitGranted
1 shares
CY2012 htz Shares Issued During Period Value Employee Stock Purchase Plan Tax
SharesIssuedDuringPeriodValueEmployeeStockPurchasePlanTax
0 USD
CY2011 htz Shares Issued During Period Value Employee Stock Purchase Plan Tax
SharesIssuedDuringPeriodValueEmployeeStockPurchasePlanTax
0 USD
CY2013 htz Short Term Borrowings Maximum Maturity Period
ShortTermBorrowingsMaximumMaturityPeriod
P3M
CY2013 htz Stock Issued During Period Value Conversionof Convertible Securities Tax
StockIssuedDuringPeriodValueConversionofConvertibleSecuritiesTax
3100000 USD
CY2012 htz Stock Issued During Period Value Directors
StockIssuedDuringPeriodValueDirectors
1500000 USD
CY2011 htz Stock Issued During Period Value Directors
StockIssuedDuringPeriodValueDirectors
1300000 USD
CY2013 htz Stock Issued During Period Value Directors
StockIssuedDuringPeriodValueDirectors
700000 USD
CY2011 htz Stock Issued During Period Value Phantom
StockIssuedDuringPeriodValuePhantom
200000 USD
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001364479
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
447677308 shares
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
10530523399 USD
CY2013 dei Entity Registrant Name
EntityRegistrantName
HERTZ GLOBAL HOLDINGS INC
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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0001364479-14-000006-index.html Edgar Link pending
0001364479-14-000006.txt Edgar Link pending
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a2013hghform10-kexhibit211.htm Edgar Link pending
a2013hghform10-kexhibit231.htm Edgar Link pending
a2013hghform10-kexhibit311.htm Edgar Link pending
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exhibit1021secondamendedan.htm Edgar Link pending
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exhibit10614performancesto.htm Edgar Link pending
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