Hertz 2015 Annual Report Download - page 150
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Table of Contents
United States $ 18,886
$ 19,077
International 4,472
4,908
Total $ 23,358
$ 23,985
United States $ 10,938
$ 11,235
International 2,190
2,418
Total $ 13,128
$ 13,653
United States $ 1,081
$ 1,118
International 167
204
Total $ 1,248
$ 1,322
(a) The following table reconciles adjusted pre-tax income to income before income taxes.
U.S. car rental $ 551
$ 387
$ 1,033
International car rental 215
144
134
Worldwide equipment rental 189
258
301
All other operations 68
62
58
Total reportable segments 1,023
851
1,526
Corporate (1) (451)
(448)
(430)
Consolidated adjusted pre-tax income (loss) 572
403
1,096
Acquisition accounting(2) (124)
(132)
(132)
Debt-related charges(3) (63)
(53)
(68)
Restructuring and restructuring related charges(4) (96)
(159)
(99)
Acquisition related costs and charges(5) (3)
(10)
(19)
Integration expenses(6) (5)
(9)
(43)
Equipment Rental spin-off costs(7) (35)
(39)
—
Relocation costs(8) (5)
(9)
(7)
Premiums paid on debt(9) —
—
(29)
Loss on extinguishment of debt(10) —
(1)
(35)
Sale of CAR Inc. common stock(11) 133
—
—
Gain on divestitures(12) 51
—
—
Impairment charges and asset write-downs(13) (57)
(34)
(40)
Other(14) (27)
20
(21)
Income (loss) before income taxes $ 341
$ (23)
$ 603
(1) Represents general corporate expenses, certain interest expense (including net interest on corporate debt), as well as other business activities.
142
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