Hertz 2014 Annual Report Download - page 183

Table of Contents




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

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

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
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
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
Cash and cash equivalents $ 650

$ 467

$ 506
Restricted cash and cash equivalents 415

390

522
Receivables, net of allowance of $58, $56 and $67, respectively 1,448

1,545

1,597
Inventories, net 107

127

104
Prepaid expenses and other assets 545

758

666
Revenue earning equipment:





Cars 13,632

15,418

15,177
Less accumulated depreciation - cars (1,958)
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(2,125)
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(2,396)
Other equipment 3,336

3,452

3,514
Less accumulated depreciation - other equipment (1,060)

(1,062)

(1,102)
Revenue earning equipment, net 13,950
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15,683
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15,193
Property and equipment:


Land, buildings and leasehold improvements 1,224
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1,241

1,284
Service equipment and other 1,033

1,041
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950
Less accumulated depreciation (991)

(1,021)
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(958)
Property and equipment, net 1,266
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1,261

1,276
Other intangible assets, net 4,161
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4,136
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4,126
Goodwill 1,346
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1,363

1,363
Total assets $ 23,888
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$ 25,730

$ 25,353

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
Accounts payable $ 1,337

$ 1,520

$ 981
Accrued liabilities 1,268

1,245

1,358
Accrued taxes, net 145

137

173
Debt 16,317

17,842

17,136
Public liability and property damage 322

328

347
Deferred taxes on income, net 2,652

2,699

2,758
Total liabilities 22,041

23,771

22,753
Commitments and contingencies


Equity:





Preferred Stock, $0.01 par value, 200 shares authorized, no shares issued and
outstanding —

—

—
Common Stock, $0.01 par value, 2,000 shares authorized, 423, 425 and 449
shares issued and 400, 401 and 421 shares outstanding 4

4

4
Additional paid-in capital 3,238

3,264

3,217
Accumulated deficit (878)

(767)

(564)
Accumulated other comprehensive loss (50)

(75)

(57)

2,314

2,426

2,600
Treasury Stock, at cost, 23, 23 and 0 shares (467)

(467)

—
Total equity 1,847

1,959

2,600
Total liabilities and equity $ 23,888

$ 25,730

$ 25,353
171
Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research℠
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