Ryder System (R) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - Jun. 30, 2015 - shares	Total
Document and Entity Information [Abstract]
Entity Registrant Name	RYDER SYSTEM INC
Entity Central Index Key	85,961
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding	53,374,025

Consolidated Condensed Statemen

Consolidated Condensed Statements of Earnings (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Lease and rental revenues		$ 779,046	$ 733,763	$ 1,508,070	$ 1,423,445
Services revenue		737,170	741,427	1,430,874	1,451,126
Fuel services revenue		146,715	209,381	291,140	420,737
Total revenues		1,662,931	1,684,571	3,230,084	3,295,308
Cost of lease and rental		531,308	507,620	1,049,730	1,000,192
Cost of services		603,488	625,276	1,185,818	1,231,505
Cost of fuel services		142,176	203,613	278,465	410,818
Other operating expenses		32,834	31,007	67,578	67,652
Selling, general and administrative expenses		214,868	200,430	421,473	392,132
Gains on vehicle sales, net		(33,237)	(34,365)	(62,816)	(63,183)
Interest expense		39,075	35,729	75,877	71,267
Miscellaneous income, net		(1,028)	(4,828)	(3,665)	(10,210)
Total expenses		1,529,484	1,564,482	3,012,460	3,100,173
Earnings from continuing operations before income taxes		133,447	120,089	217,624	195,135
Provision for income taxes		47,530	44,368	78,381	70,288
Earnings from continuing operations		85,917	75,721	139,243	124,847
Loss from discontinued operations, net of tax		(758)	(336)	(1,295)	(1,202)
Net earnings		$ 85,159	$ 75,385	$ 137,948	$ 123,645
Earnings (loss) per common share — Basic
Continuing operations	[1]	$ 1.62	$ 1.43	$ 2.63	$ 2.36
Discontinued operations	[1]	(0.01)	0	(0.02)	(0.02)
Net earnings	[1]	1.61	1.43	2.61	2.34
Earnings (loss) per common share — Diluted
Continuing operations	[1]	1.61	1.42	2.61	2.34
Discontinued operations	[1]	(0.01)	(0.01)	(0.03)	(0.02)
Net earnings	[1]	1.59	1.41	2.59	2.32
Cash dividends declared per common share (in dollars per share)		$ 0.37	$ 0.34	$ 0.74	$ 0.68
[1]	EPS amounts may not be additive due to rounding.

Consolidated Condensed Stateme3

Consolidated Condensed Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net earnings	$ 85,159	$ 75,385	$ 137,948	$ 123,645
Other comprehensive income (loss):
Changes in cumulative translation adjustment and other	27,027	26,273	(30,345)	11,681
Amortization of pension and postretirement items	6,834	4,295	13,892	9,328
Income tax expense related to amortization of pension and postretirement items	(2,366)	(1,302)	(4,814)	(3,208)
Amortization of pension and postretirement items, net of taxes	4,468	2,993	9,078	6,120
Change in net actuarial loss	(8,526)	(3,144)	(8,526)	(3,144)
Income tax benefit related to change in net actuarial loss	3,205	1,096	3,205	1,096
Change in net actuarial loss, net of taxes	(5,321)	(2,048)	(5,321)	(2,048)
Other comprehensive income (loss), net of taxes	26,174	27,218	(26,588)	15,753
Comprehensive income	$ 111,333	$ 102,603	$ 111,360	$ 139,398

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 73,353	$ 50,092
Receivables, net of allowance of $17,180 and $16,388, respectively	831,441	794,864
Inventories	64,684	66,007
Prepaid expenses and other current assets	166,438	165,234
Total current assets	1,135,916	1,076,197
Revenue earning equipment, net of accumulated depreciation of $3,811,697 and $3,689,016 respectively	7,854,037	7,201,886
Operating property and equipment, net of accumulated depreciation of $1,068,779 and $1,035,028, respectively	707,886	699,594
Goodwill	392,260	393,029
Intangible assets	62,874	66,619
Direct financing leases and other assets	485,291	446,099
Total assets	10,638,264	9,883,424
Current liabilities:
Short-term debt and current portion of long-term debt	347,817	36,284
Accounts payable	652,193	560,852
Accrued expenses and other current liabilities	523,722	513,679
Total current liabilities	1,523,732	1,110,815
Long-term debt	4,869,208	4,694,335
Other non-current liabilities	799,415	783,342
Deferred income taxes	1,532,470	1,475,845
Total liabilities	8,724,825	8,064,337
Shareholders’ equity:
Preferred stock of no par value per share — authorized, 3,800,917; none outstanding, June 30, 2015 or December 31, 2014	0	0
Common stock of $0.50 par value per share — authorized, 400,000,000; outstanding, June 30, 2015 — 53,374,025; December 31, 2014 — 53,039,688	26,687	26,520
Additional paid-in capital	989,563	962,328
Retained earnings	1,544,047	1,450,509
Accumulated other comprehensive loss	(646,858)	(620,270)
Total shareholders’ equity	1,913,439	1,819,087
Total liabilities and shareholders’ equity	$ 10,638,264	$ 9,883,424

Consolidated Condensed Balance5

Consolidated Condensed Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets:
Allowance for doubtful accounts, current	$ 17,180	$ 16,388
Revenue earning equipment, accumulated depreciation	3,811,697	3,689,016
Operating property and equipment, accumulated depreciation	$ 1,068,779	$ 1,035,028
Shareholders’ equity:
Common stock, par value	$ 0.50	$ 0.50
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares outstanding	53,374,025	53,039,688
Preferred stock, par value	$ 0	$ 0
Preferred stock, shares authorized	3,800,917	3,800,917
Preferred stock, shares outstanding	0	0

Consolidated Condensed Stateme6

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities from continuing operations:
Net earnings	$ 137,948	$ 123,645
Less: Loss from discontinued operations, net of tax	(1,295)	(1,202)
Earnings from continuing operations	139,243	124,847
Depreciation expense	546,699	512,109
Gains on vehicle sales, net	(62,816)	(63,183)
Share-based compensation expense	11,169	9,989
Amortization expense and other non-cash charges, net	28,329	25,727
Deferred income tax expense	67,592	59,987
Changes in operating assets and liabilities, net of acquisitions:
Receivables	(33,535)	(40,579)
Inventories	1,006	(1,178)
Prepaid expenses and other assets	(25,555)	(19,163)
Accounts payable	(30,439)	1,771
Accrued expenses and other non-current liabilities	17,005	(67,439)
Net cash provided by operating activities from continuing operations	658,698	542,888
Cash flows from financing activities from continuing operations:
Net change in commercial paper borrowings	34,750	21,377
Debt proceeds	930,090	765,713
Debt repaid	(486,103)	(277,636)
Dividends on common stock	(39,690)	(35,915)
Common stock issued	17,129	34,129
Common stock repurchased	(6,141)	(79,488)
Excess tax benefits from share-based compensation	710	411
Debt issuance costs	(5,225)	(5,026)
Net cash provided by financing activities from continuing operations	445,520	423,565
Cash flows from investing activities from continuing operations:
Purchases of property and revenue earning equipment	(1,329,218)	(1,255,222)
Sales of revenue earning equipment	211,153	274,394
Sale and leaseback of revenue earning equipment		0
Sales of operating property and equipment	641	2,780
Acquisitions	0	(1,649)
Collections on direct finance leases	33,912	32,355
Changes in restricted cash	4,849	8,774
Other	0	(1,250)
Net cash used in investing activities from continuing operations	(1,078,663)	(939,818)
Effect of exchange rate changes on cash	(1,198)	48
Increase in cash and cash equivalents from continuing operations	24,357	26,683
Decrease in cash and cash equivalents from discontinued operations	(1,096)	(1,357)
Increase in cash and cash equivalents	23,261	25,326
Cash and cash equivalents at beginning of period	50,092	61,562
Cash and cash equivalents at end of period	$ 73,353	$ 86,888

Consolidated Condensed Stateme7

Consolidated Condensed Statement of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands		Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Beginning balance at Dec. 31, 2013		$ 1,896,561
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)		36,400
Ending balance at Dec. 31, 2014		$ 1,819,087	$ 0	$ 26,520	$ 962,328	$ 1,450,509	$ (620,270)
Ending balance, shares at Dec. 31, 2014		53,039,688		53,039,688
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)		$ 100
Ending balance at Mar. 31, 2015		1,811,031
Beginning balance at Dec. 31, 2014		$ 1,819,087	0	$ 26,520	962,328	1,450,509	(620,270)
Beginning balance, shares at Dec. 31, 2014		53,039,688		53,039,688
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)		$ 111,360				137,948	(26,588)
Common stock dividends declared — $0.74 per share		(39,519)				(39,519)
Common stock issued under employee stock option and stock purchase plans	[1]	17,052		$ 201	16,851
Common stock issued under employee stock option and stock purchase plans, shares	[1]			402,573
Benefit plan stock sales	[2]	77		$ 1	76
Benefit plan stock sales, shares	[2]			871
Common stock repurchases		(6,141)		$ (35)	(1,215)	(4,891)
Common stock repurchases, shares				(69,107)
Share-based compensation		11,169			11,169	0
Tax benefits from share-based compensation		354			354
Ending balance at Jun. 30, 2015		$ 1,913,439	0	$ 26,687	989,563	1,544,047	(646,858)
Ending balance, shares at Jun. 30, 2015		53,374,025		53,374,025
Beginning balance at Mar. 31, 2015		$ 1,811,031
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)		111,333
Ending balance at Jun. 30, 2015		$ 1,913,439	$ 0	$ 26,687	$ 989,563	$ 1,544,047	$ (646,858)
Ending balance, shares at Jun. 30, 2015		53,374,025		53,374,025
[1]	Net of common shares delivered as payment for the exercise price or to satisfy the option holders’ withholding tax liability upon exercise of options.
[2]	Represents open-market transactions of common shares by the trustee of Ryder’s deferred compensation plans.

Consolidated Condensed Stateme8

Consolidated Condensed Statement of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Stockholders' Equity [Abstract]
Cash dividends declared per common share (in dollars per share)	$ 0.37	$ 0.34	$ 0.74	$ 0.68

General

General	6 Months Ended
	Jun. 30, 2015
Accounting Changes and Error Corrections [Abstract]
INTERIM FINANCIAL STATEMENTS	Interim Financial Statements The accompanying unaudited Consolidated Condensed Financial Statements include the accounts of Ryder System, Inc. (Ryder) and all entities in which Ryder has a controlling voting interest (subsidiaries) and variable interest entities (VIEs) required to be consolidated in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). The accompanying unaudited Consolidated Condensed Financial Statements have been prepared in accordance with the accounting policies described in our 2014 Annual Report on Form 10-K and should be read in conjunction with the Consolidated Financial Statements and notes thereto. In the opinion of management, all adjustments (consisting of normal recurring accruals and items referenced under the "Revision of Prior Period Financial Statements") considered necessary for a fair statement have been included and the disclosures herein are adequate. The operating results for interim periods are unaudited and are not necessarily indicative of the results that can be expected for a full year. During the first quarter of 2015, our management structure changed within the supply chain business. We created the role of President of Dedicated Transportation Solutions (DTS) for the dedicated product offering which was previously within Supply Chain Solutions (SCS). We are now reporting our financial performance as follows: (1) Fleet Management Solutions (FMS), which provides full service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; (2) DTS, which provides vehicles and drivers as part of a dedicated transportation solution in the U.S.; and (3) SCS, which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. Dedicated services provided as part of an integrated, multi-service, supply chain solution are reported in the SCS business segment. Prior period amounts have been recast to conform to the new presentation. This change impacted Note (F), "Goodwill," and Note (Q), "Segment Reporting," with no impact on consolidated revenues, net income or cash flows. Revision of Prior Period Financial Statements The Company periodically enters into sale and leaseback transactions to lower the total cost of funding our operations, to diversify funding among different classes of investors and among different types of funding instruments. Historically, these sale-leaseback transactions resulted in a reduction of revenue earning equipment and debt on the balance sheet, as proceeds from the sale of revenue earning equipment were primarily used to repay debt. The related leasebacks were historically treated as off-balance sheet operating leases and were included in our reported total obligations leverage ratios. In April of 2015, we completed a financing transaction of revenue earning equipment with third parties not deemed to be variable interest entities. The revenue earning equipment subject to this transaction was originally owned and titled in a titling trust which is a wholly-owned, consolidated subsidiary of Ryder. As part of the sale-leaseback transaction, the titling trust created special units of beneficial interests (SUBIs) for the specific revenue earning equipment. The SUBIs were then sold to third parties and leased back to Ryder. In conjunction with this transaction, we reviewed and evaluated the structure to determine whether it qualified for off-balance sheet treatment. We concluded the April 2015 transaction should be treated as an issuance of financial interests that does not qualify for deconsolidation. As a result, off-balance sheet treatment is not appropriate for the current, as well as similar prior year transactions. We have evaluated the materiality of this revision, quantitatively and qualitatively, and concluded it was not material to any of our previously issued consolidated financial statements and correction as an out of period adjustment in the quarter ended June 30, 2015 would not be material. However, we have elected to revise previously issued financial statements to avoid inconsistencies in our financial statements. Adjustments may not be additive and may have minor differences within the tables due to rounding. The effects of this revision on our Consolidated Statements of Earnings were as follows (in millions): Year ended December 31, 2014 Year ended December 31, 2013 Year ended December 31, 2012 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 2,039.3 (2.4 ) 2,036.9 $ 1,928.9 (3.4 ) 1,925.5 $ 1,902.8 (2.4 ) 1,900.4 Interest expense 142.1 2.6 144.7 137.2 3.3 140.5 140.6 2.7 143.3 Earnings from continuing operations before income taxes 338.5 (0.2 ) 338.3 368.9 0.1 369.0 303.1 (0.3 ) 302.8 Provision for income taxes 118.1 (0.1 ) 118.0 125.7 — 125.7 102.2 (0.1 ) 102.1 Earnings from continuing operations 220.5 (0.3 ) 220.2 243.2 0.1 243.3 200.9 (0.2 ) 200.7 Net earnings 218.6 (0.3 ) 218.3 237.8 0.1 237.9 210.0 (0.3 ) 209.7 Earnings (loss) per common share — Diluted, Net Earnings 4.14 — 4.14 4.63 — 4.63 3.91 (0.01 ) 3.90 Three months ended March 31, 2015 Three months ended March 31, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 519.2 (0.8 ) 518.4 $ 493.0 (0.4 ) 492.6 Interest expense 35.8 1.0 36.8 35.1 0.4 35.5 Earnings from continuing operations before income taxes 84.4 (0.2 ) 84.2 75.0 — 75.0 Earnings from continuing operations 53.5 (0.2 ) 53.3 49.1 — 49.1 Net earnings 52.9 (0.1 ) 52.8 48.2 0.1 48.3 Three months ended June 30, 2014 Six months ended June 30, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 508.1 (0.5 ) 507.6 $ 1,001.1 (0.9 ) 1,000.2 Interest expense 35.3 0.4 35.7 70.4 0.9 71.3 Earnings from continuing operations before income taxes 120.0 0.1 120.1 195.0 0.1 195.1 Three months ended September 30, 2014 Nine months ended September 30, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 522.9 (0.7 ) 522.2 $ 1,524.0 (1.6 ) 1,522.4 Interest expense 35.9 0.8 36.7 106.3 1.6 107.9 Earnings from continuing operations before income taxes 129.7 (0.1 ) 129.6 324.8 (0.1 ) 324.7 Provision for income taxes 45.8 (0.1 ) 45.7 116.0 — 116.0 Earnings from continuing operations 84.0 (0.1 ) 83.9 208.8 (0.1 ) 208.7 Net earnings 83.7 (0.1 ) 83.6 207.3 — 207.3 The effects of this revision on our Consolidated Statements of Comprehensive Income were as follows (in millions): Comprehensive Income As Previously Reported Adjustment As Revised Year ended December 31, 2014 $ 36.6 (0.2 ) 36.4 Year ended December 31, 2013 387.2 0.1 387.3 Year ended December 31, 2012 189.5 (0.2 ) 189.3 Three months ended March 31, 2015 $ 0.2 (0.1 ) 0.1 Three months ended September 30, 2014 39.8 (0.1 ) 39.7 Nine months ended September 30, 2014 179.1 — 179.1 Three months ended June 30, 2014 102.6 — 102.6 Six months ended June 30, 2014 139.3 0.1 139.4 Three months ended March 31, 2014 36.8 — 36.8 The effects of this revision on our Consolidated Balance Sheets were as follows (in millions): March 31, 2015 December 31, 2014 December 31, 2013 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Revenue earning equipment, net $ 7,208.3 201.2 7,409.5 $ 6,994.4 207.4 7,201.9 $ 6,490.8 102.0 6,592.8 Total assets 9,906.8 201.2 10,108.0 9,676.0 207.4 9,883.4 9,103.8 102.0 9,205.8 Short-term debt and current portion of long-term debt 11.4 24.1 35.5 12.2 24.1 36.3 259.4 12.8 272.2 Accrued expenses and other current liabilities 489.6 (7.1 ) 482.5 520.5 (6.8 ) 513.7 496.3 (1.9 ) 494.4 Total current liabilities 1,126.5 16.9 1,143.4 1,093.6 17.2 1,110.8 1,231.1 10.9 1,242.0 Long-term debt 4,692.5 188.1 4,880.6 4,500.3 194.0 4,694.3 3,930.0 93.0 4,023.0 Other non-current liabilities 788.1 (3.2 ) 784.9 786.7 (3.4 ) 783.3 616.3 (1.6 ) 614.7 Deferred income taxes 1,488.1 (0.2 ) 1,487.9 1,476.0 (0.2 ) 1,475.8 1,429.6 — 1,429.6 Total liabilities 8,095.2 201.7 8,296.9 7,856.5 207.8 8,064.3 7,207.1 102.1 7,309.2 Retained earnings 1,479.2 (0.5 ) 1,478.7 1,450.9 (0.4 ) 1,450.5 1,390.8 (0.2 ) 1,390.6 Total shareholders’ equity 1,811.5 (0.5 ) 1,811.0 1,819.5 (0.4 ) 1,819.1 1,896.7 (0.1 ) 1,896.6 Total liabilities and shareholders’ equity 9,906.8 201.2 10,108.0 9,676.0 207.4 9,883.4 9,103.8 102.0 9,205.8 The effects of this revision on the individual line items within our Consolidated Statements of Cash Flows were as follows (in millions): Year ended December 31, 2014 Year ended December 31, 2013 Year ended December 31, 2012 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Net earnings $ 218.6 (0.3 ) 218.3 $ 237.8 0.1 237.9 $ 210.0 (0.3 ) 209.7 Depreciation expense 1,040.3 17.6 1,057.8 957.1 26.5 983.6 939.7 22.4 962.1 Deferred income tax expense 104.8 — 104.7 113.6 — 113.6 87.1 (0.1 ) 87.0 Accrued expenses and other non-current liabilities (48.7 ) (4.4 ) (53.1 ) (66.6 ) 2.2 (64.4 ) (68.3 ) 4.1 (64.2 ) Net cash provided by operating activities from continuing operations 1,370.0 12.8 1,382.8 1,223.1 28.7 1,251.8 1,134.1 26.1 1,160.2 Debt proceeds 839.7 125.8 965.5 557.0 — 557.0 745.8 130.2 876.0 Debt repaid, including capital and financing lease obligations (280.7 ) (12.8 ) (293.5 ) (332.6 ) (46.6 ) (379.2 ) (283.9 ) (26.1 ) (310.0 ) Net cash provided by financing activities from continuing operations 198.7 113.0 311.7 393.6 (46.5 ) 347.1 333.8 104.1 437.9 Purchases of property and revenue earning equipment (2,259.2 ) — (2,259.2 ) (2,140.5 ) 17.9 (2,122.6 ) (2,133.2 ) — (2,133.2 ) Sale and leaseback of revenue earning equipment 125.8 (125.8 ) — — — — 130.2 (130.2 ) — Net cash used in investing activities from continuing operations (1,578.7 ) (125.8 ) (1,704.5 ) (1,621.7 ) 17.9 (1,603.8 ) (1,504.3 ) (130.2 ) (1,634.5 ) Three months ended March 31, 2015 Three months ended March 31, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Net earnings $ 52.9 (0.1 ) 52.8 $ 48.2 0.1 48.3 Depreciation expense 262.4 6.2 268.6 248.8 3.1 251.9 Deferred income tax expense 26.7 (0.1 ) 26.6 21.7 — 21.7 Accrued expenses and other non-current liabilities (21.5 ) (0.1 ) (21.6 ) (29.9 ) (3.1 ) (33.0 ) Net cash provided by operating activities from continuing operations 277.9 6.0 283.8 237.7 — 237.7 Debt repaid, including capital and financing lease obligations (457.6 ) (6.0 ) (463.5 ) (252.8 ) — (252.8 ) Net cash provided by financing activities from continuing operations 184.8 (6.0 ) 178.9 215.2 — 215.2 Six months ended June 30, 2014 Nine months ended September 30, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Net earnings $ 123.6 — 123.6 $ 207.3 — 207.3 Depreciation expense 506.0 6.1 512.1 770.1 11.3 781.4 Accrued expenses and other non-current liabilities (67.6 ) 0.2 (67.4 ) (41.5 ) (4.9 ) (46.4 ) Net cash provided by operating activities from continuing operations 536.5 6.4 542.9 974.7 6.3 981.0 Debt proceeds 765.7 — 765.7 769.9 125.8 895.7 Debt repaid, including capital and financing lease obligations (271.2 ) (6.4 ) (277.6 ) (278.4 ) (6.4 ) (284.8 ) Net cash provided by financing activities from continuing operations 430.0 (6.4 ) 423.6 213.1 119.4 332.5 Sale and leaseback of revenue earning equipment — — — 125.8 (125.8 ) — Net cash used in investing activities from continuing operations (939.8 ) — (939.8 ) (1,171.5 ) (125.8 ) (1,297.3 )

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Inventory Valuation On July 22, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-11, Simplifying the Measurement of Inventory , which applies to inventory that is measured using first-in, first-out or average cost. Under the updated guidance, an entity should measure inventory that is within scope at the lower of cost and net realizable value, which is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Subsequent measurement is unchanged for inventory that is measured using last-in, first-out. The update becomes effective January 1, 2017 and should be applied prospectively with early adoption permitted at the beginning of an interim or annual reporting period. We are in the process of determining the effect of the standard on our consolidated financial position and results of operations. Revenue Recognition On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance. The update was originally effective January 1, 2017. On July 9, 2015, the FASB issued a deferral of the update for one year, making the update effective January 1, 2018. Early application is permitted but not before January 1, 2017. The standard permits the use of either the modified retrospective or cumulative effect transition methods. We have not yet selected a transition method. We are in the process of determining the effect of the standard on our consolidated financial position and results of operations. Presentation of Debt Issuance Costs On April 7, 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs , which requires an entity to present debt issuance costs as a direct deduction from the carrying amount of the related debt liability on the balance sheet. The update requires retrospective application and represents a change in accounting principle. The update becomes effective January 1, 2016. Based on the balances as of June 30, 2015 , the adoption of this ASU will require us to reclassify $19.4 million of unamortized debt issuance costs from "Direct financing leases and other assets" to "Long-term debt."

Share-Based Compensation Plans

Share-Based Compensation Plans	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION PLANS	SHARE-BASED COMPENSATION PLANS Share-based incentive awards are provided to employees under the terms of various share-based compensation plans (collectively, the “Plans”). The Plans are administered by the Compensation Committee of the Board of Directors. Awards under the Plans principally include at-the-money stock options, nonvested stock and cash awards. Nonvested stock awards include grants of market-based, performance-based and time-vested restricted stock rights. Under the terms of our Plans, dividends may be paid on our nonvested stock awards but are not paid unless the award vests. Upon vesting, the amount of the dividends paid is equal to the aggregate dividends declared on common shares during the period from the grant date of the award until the date the shares underlying the award are delivered. The following table provides information on share-based compensation expense and income tax benefits recognized during the periods: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Stock option and stock purchase plans $ 1,956 2,241 $ 4,257 4,478 Nonvested stock 3,548 2,890 6,912 5,511 Share-based compensation expense 5,504 5,131 11,169 9,989 Income tax benefit (1,860 ) (1,713 ) (3,743 ) (3,389 ) Share-based compensation expense, net of tax $ 3,644 3,418 $ 7,426 6,600 The following table is a summary of compensation expense recognized for market-based cash awards in addition to the share-based compensation expense reported in the previous table: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Cash awards $ 281 $ 743 $ 464 $ 1,266 Total unrecognized pre-tax compensation expense related to all share-based compensation arrangements at June 30, 2015 was $30.1 million and is expected to be recognized over a weighted-average period of 2.0 years. The following table is a summary of the awards granted under the Plans during the periods presented: Six months ended June 30, 2015 2014 (In thousands) Stock options 362 405 Market-based restricted stock rights 19 22 Performance-based restricted stock rights 42 30 Time-vested restricted stock rights 80 158 Total 503 615

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following table presents the calculation of basic and diluted earnings per common share from continuing operations: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands, except per share amounts) Earnings per share — Basic: Earnings from continuing operations $ 85,917 75,721 $ 139,243 124,847 Less: Distributed and undistributed earnings allocated to nonvested stock (246 ) (302 ) (393 ) (582 ) Earnings from continuing operations available to common shareholders — Basic $ 85,671 75,419 $ 138,850 124,265 Weighted average common shares outstanding — Basic 52,827 52,564 52,712 52,612 Earnings from continuing operations per common share — Basic $ 1.62 1.43 $ 2.63 2.36 Earnings per share — Diluted: Earnings from continuing operations $ 85,917 75,721 $ 139,243 124,847 Less: Distributed and undistributed earnings allocated to nonvested stock (244 ) (299 ) (390 ) (578 ) Earnings from continuing operations available to common shareholders — Diluted $ 85,673 75,422 $ 138,853 124,269 Weighted average common shares outstanding — Basic 52,827 52,564 52,712 52,612 Effect of dilutive equity awards 468 482 492 472 Weighted average common shares outstanding — Diluted 53,295 53,046 53,204 53,084 Earnings from continuing operations per common share — Diluted $ 1.61 1.42 $ 2.61 2.34 Anti-dilutive equity awards not included above 363 412 273 314

Revenue Earning Equipment

Revenue Earning Equipment	6 Months Ended
	Jun. 30, 2015
Revenue Earning Equipment [Abstract]
REVENUE EARNING EQUIPMENT	REVENUE EARNING EQUIPMENT June 30, 2015 December 31, 2014 Cost Accumulated Depreciation Net Book Value (1) Cost Accumulated Depreciation Net Book Value (1) (In thousands) Held for use: Full service lease $ 8,398,012 (2,677,023 ) 5,720,989 $ 8,008,122 (2,598,140 ) 5,409,982 Commercial rental 2,925,063 (898,319 ) 2,026,744 2,570,081 (864,543 ) 1,705,538 Held for sale 342,659 (236,355 ) 106,304 312,699 (226,333 ) 86,366 Total $ 11,665,734 (3,811,697 ) 7,854,037 $ 10,890,902 (3,689,016 ) 7,201,886 ———————————— (1) Revenue earning equipment, net includes vehicles acquired under capital leases of $48.0 million , less accumulated depreciation of $20.3 million , at June 30, 2015 , and $47.8 million , less accumulated depreciation of $22.5 million , at December 31, 2014 . Additionally, revenue earning equipment, net underlying asset-backed U.S. obligations was $346.1 million at June 30, 2015 ( $403.3 million cost, less $57.1 million of accumulated depreciation) and $207.4 million at December 31, 2014 ( $247.8 million cost, less $40.3 million of accumulated depreciation). See Note (A), General, Revision of Prior Period Financial Information for further information related to our evaluation of accounting for these transactions. At the end of 2014, we completed our annual review of residual values and useful lives of revenue earning equipment. Based on the results of our analysis, we adjusted the estimated residual values of certain classes of revenue earning equipment effective January 1, 2015. The change in estimated residual values and useful lives increased pre-tax earnings for the three and six months ended June 30, 2015 by approximately $10.0 million and $20.0 million , respectively. We lease revenue earning equipment to customers for periods typically ranging from three to seven years for trucks and tractors and up to ten years for trailers. The majority of our leases are classified as operating leases. However, some of our revenue earning equipment leases are classified as direct financing leases and, to a lesser extent, sales-type leases. As of June 30, 2015 and December 31, 2014 , the net investment in direct financing and sales-type leases was $432.8 million and $417.0 million , respectively. Our direct financing lease customers operate in a wide variety of industries, and we have no significant customer concentrations in any one industry. We assess credit risk for all of our customers including those who lease equipment under direct financing leases upon signing of a full service lease contract. For those customers who are designated as high risk, we typically require deposits to be paid in advance in order to mitigate our credit risk. Additionally, our receivables are collateralized by the vehicles, based on their estimated fair values, which further mitigates our credit risk. As of June 30, 2015 and December 31, 2014 , the amount of direct financing lease receivables past due was not significant, and there were no impaired receivables. Accordingly, we do not believe there is a material risk of default with respect to the direct financing lease receivables. The allowance for credit losses was $0.3 million as of June 30, 2015 and December 31, 2014 .

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL The carrying amount of goodwill attributable to each reportable business segment with changes therein was as follows: Fleet Dedicated Supply Total Balance at January 1, 2015: Goodwill $ 233,217 40,808 148,225 422,250 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) 222,895 40,808 129,326 393,029 Foreign currency translation adjustments (247 ) — (522 ) (769 ) Balance at June 30, 2015: Goodwill 232,970 40,808 147,703 421,481 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) $ 222,648 40,808 128,804 392,260 We assess goodwill for impairment on April 1st of each year or more often if deemed necessary. In the second quarter of 2015, we completed our annual goodwill impairment test. We performed quantitative tests on four of our reporting units and determined there was no impairment. We performed a qualitative test for one reporting unit, which considered individual factors such as macroeconomic conditions, changes in our industry and the markets in which we operate as well as our historical and expected future financial performance. After performing the qualitative assessment, we concluded it is more likely than not that fair value is greater than the carrying value and determined there was no impairment.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	6 Months Ended
	Jun. 30, 2015
Accrued Liabilities and Other Liabilities [Abstract]
ACCRUED EXPENSES AND OTHER LIABILITIES	ACCRUED EXPENSES AND OTHER LIABILITIES June 30, 2015 December 31, 2014 Accrued Expenses Non-Current Liabilities Total Accrued Expenses Non-Current Liabilities Total (In thousands) Salaries and wages $ 94,846 — 94,846 $ 114,446 — 114,446 Deferred compensation 2,243 41,518 43,761 3,209 37,093 40,302 Pension benefits 3,687 457,170 460,857 3,739 444,657 448,396 Other postretirement benefits 2,097 25,904 28,001 2,112 26,889 29,001 Other employee benefits 7,681 16,910 24,591 7,172 19,276 26,448 Insurance obligations (1) 136,394 198,860 335,254 132,246 189,431 321,677 Environmental liabilities 3,728 7,152 10,880 3,877 8,002 11,879 Operating taxes 106,286 — 106,286 92,330 — 92,330 Income taxes 2,785 24,704 27,489 5,066 22,843 27,909 Interest 35,875 — 35,875 33,509 — 33,509 Deposits, mainly from customers 64,059 5,648 69,707 59,388 5,929 65,317 Deferred revenue 14,388 — 14,388 11,759 — 11,759 Acquisition holdbacks 6,061 — 6,061 3,817 2,187 6,004 Other 43,592 21,549 65,141 41,009 27,035 68,044 Total $ 523,722 799,415 1,323,137 $ 513,679 783,342 1,297,021 ———————————— (1) Insurance obligations are primarily comprised of self-insured claim liabilities.

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
DEBT	DEBT Weighted-Average Interest Rate June 30, December 31, Maturities June 30, December 31, (In thousands) Short-term debt and current portion of long-term debt: Short-term debt 2.75% 1.30% 2015 $ 316 3,773 Current portion of long-term debt 347,501 32,511 Total short-term debt and current portion of long-term debt 347,817 36,284 Long-term debt: U.S. commercial paper (1) 0.43% 0.35% 2020 311,432 276,694 Global revolving credit facility 2.78% 1.60% 2020 40,908 11,190 Unsecured U.S. notes — Medium-term notes (1) 3.21% 3.29% 2015-2025 4,111,991 3,772,159 Unsecured U.S. obligations 1.50% 0.76% 2018 50,000 110,500 Unsecured foreign obligations 1.92% 2.01% 2015-2020 295,217 295,776 Asset-backed U.S. obligations (2) 1.79% 1.81% 2018-2022 362,075 218,137 Capital lease obligations 1.79% 1.73% 2015-2022 38,418 37,560 Total before fair market value adjustment 5,210,041 4,722,016 Fair market value adjustment on notes subject to hedging (3) 6,668 4,830 5,216,709 4,726,846 Current portion of long-term debt (347,501 ) (32,511 ) Long-term debt 4,869,208 4,694,335 Total debt $ 5,217,025 4,730,619 ———————————— (1) We had unamortized original issue discounts of $8.1 million and $7.9 million at June 30, 2015 and December 31, 2014 , respectively. (2) Asset-backed U.S. obligations of $362.1 million at June 30, 2015 and $218.1 million at December 31, 2014 are related to financing transactions involving revenue earning equipment. See Note (A), General, Revision of Prior Period Financial Information for further information related to our evaluation of accounting for these transactions. (3) The notional amount of executed interest rate swaps designated as fair value hedges was $600 million at both June 30, 2015 and December 31, 2014 . We maintain a $1.2 billion global revolving credit facility with a syndicate of twelve lending institutions led by Bank of America N.A., Bank of Tokyo-Mitsubishi UFJ, Ltd., BNP Paribas, Mizuho Corporate Bank, Ltd., Royal Bank of Canada, Lloyds Bank Plc, U.S. Bank National Association and Wells Fargo Bank, N.A. The facility matures in January 2020. The agreement provides for annual facility fees which range from 7.5 basis points to 25 basis points based on Ryder's long-term credit ratings. The annual facility fee is currently 10 basis points , which applies to the total facility size of $1.2 billion . The credit facility is used primarily to finance working capital but can also be used to issue up to $75 million in letters of credit (there were no letters of credit outstanding against the facility at June 30, 2015 ). At our option, the interest rate on borrowings under the credit facility is based on LIBOR, prime, federal funds or local equivalent rates. The credit facility contains no provisions limiting its availability in the event of a material adverse change to Ryder’s business operations; however, the credit facility does contain standard representations and warranties, events of default, cross-default provisions and certain affirmative and negative covenants. In order to maintain availability of funding, we must maintain a ratio of debt to consolidated net worth of less than or equal to 300% . Net worth, as defined in the credit facility, represents shareholders' equity excluding any accumulated other comprehensive income or loss associated with our pension and other postretirement plans. The ratio at June 30, 2015 was 209% . At June 30, 2015 , there was $847.6 million available under the credit facility, net of outstanding commercial paper borrowings. Our global revolving credit facility enables us to refinance short-term obligations on a long-term basis. Settlement of short-term commercial paper obligations not expected to require the use of working capital are classified as long-term as we have both the intent and ability to refinance on a long-term basis. In addition, we have the intent and ability to refinance the current portion of long-term debt on a long-term basis. At June 30, 2015 , we classified $311.4 million of short-term commercial paper and $338.4 million of the current portion of long-term debt as long-term debt. At December 31, 2014 , we classified $276.7 million of short-term commercial paper, $60.0 million of trade receivables borrowings and $698.5 million of the current portion of long-term debt as long-term debt. In May 2015, we issued $300 million of unsecured medium-term notes maturing in May 2020. The proceeds from the notes were used to reduce commercial paper borrowings and for general corporate purposes. If the notes are downgraded below investment grade following, and as a result of, a change in control, the note holder can require us to repurchase all or a portion of the notes at a purchase price equal to 101% of principal plus accrued and unpaid interest. In April of 2015, we completed a financing transaction backed by a portion of our revenue earning equipment that resulted in $156.4 million of cash proceeds. The proceeds from this transaction were used to fund capital expenditures. We have provided end of term guarantees for the residual value of the revenue earning equipment in this transaction. The transaction along with the end of term residual value guarantees have been included in the "asset-backed U.S. obligations" line within the preceding table. We have a trade receivables purchase and sale program, pursuant to which we sell certain of our domestic trade accounts receivable to a bankruptcy remote, consolidated subsidiary of Ryder, that in turn sells, on a revolving basis, an ownership interest in certain of these accounts receivable to a receivables conduit or committed purchasers. The subsidiary is considered a VIE and is consolidated based on our control of the entity’s activities. We use this program to provide additional liquidity to fund our operations, particularly when it is cost effective to do so. The costs under the program may vary based on changes in interest rates. The available proceeds that may be received under the program are limited to $175 million . If no event occurs that causes early termination, the 364 -day program will expire during October 2015. The program contains provisions restricting its availability in the event of a material adverse change to our business operations or the collectibility of the collateralized receivables. No amounts were outstanding under the program at June 30, 2015 . At December 31, 2014 , $60.0 million was outstanding under the program. Sales of receivables under this program are accounted for as secured borrowings based on our continuing involvement in the transferred assets. At June 30, 2015 and December 31, 2014 , we had letters of credit and surety bonds outstanding totaling $333.9 million and $334.3 million , respectively, which primarily guarantee the payment of insurance claims.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The assets and liabilities measured at fair value on a recurring basis consist primarily of interest rate swaps and investments held in Rabbi Trusts. These amounts as of June 30, 2015 are not material to our consolidated financial position and operations and have not changed significantly from the amounts reported as of December 31, 2014 . The following tables present our assets that are measured at fair value on a nonrecurring basis and considered a Level 3 fair value measurement: Fair Value Measurements at Total Losses (2) June 30, 2015 Three months ended June 30, 2015 Six months ended June 30, 2015 (In thousands) Assets held for sale: Revenue earning equipment: (1) Trucks $ 6,805 $ 1,515 $ 2,743 Tractors 7,389 1,081 1,908 Trailers 1,625 656 972 Total assets at fair value $ 15,819 $ 3,252 5,623 Fair Value Measurements at Total Losses (2) June 30, 2014 Three months ended June 30, 2014 Six months ended June 30, 2014 (In thousands) Assets held for sale: Revenue earning equipment: (1) Trucks $ 10,713 $ 1,572 $ 3,454 Tractors 6,057 662 2,294 Trailers 497 281 442 Total assets at fair value $ 17,267 $ 2,515 $ 6,190 ———————————— (1) Represents the portion of all revenue earning equipment held for sale that is recorded at fair value, less costs to sell. (2) Total losses represent fair value adjustments for all vehicles held for sale throughout the period for which fair value was less than carrying value. Revenue earning equipment held for sale is stated at the lower of carrying amount or fair value less costs to sell. Only certain vehicles held for sale have carrying amounts greater than the fair value and losses are recorded at the time they arrive at our used truck centers. Gains are recognized at the time of sale for vehicles with carrying amounts lower than fair value. Losses to reflect changes in fair value are presented within “Other operating expenses” in the Consolidated Condensed Statements of Earnings. For revenue earning equipment held for sale, we stratify our fleet by vehicle type (trucks, tractors and trailers), weight class, age and other relevant characteristics and create classes of similar assets for analysis purposes. Fair value was determined based upon recent market prices obtained from our own sales experience for sales of each class of similar assets and vehicle condition. Therefore, our revenue earning equipment held for sale was classified within Level 3 of the fair value hierarchy. Fair value of total debt (excluding capital lease and asset-backed U.S. obligations) at June 30, 2015 and December 31, 2014 was approximately $4.91 billion and $4.59 billion , respectively. For publicly-traded debt, estimates of fair value were based on market prices. Since our publicly-traded debt is not actively traded, the fair value measurement was classified within Level 2 of the fair value hierarchy. For other debt, fair value was estimated based on a model-driven approach using rates currently available to us for debt with similar terms and remaining maturities. Therefore, the fair value measurement of our other debt was classified within Level 2 of the fair value hierarchy. The carrying amounts reported in the Consolidated Condensed Balance Sheets for “Cash and cash equivalents,” “Receivables, net” and “Accounts payable” approximate fair value because of the immediate or short-term maturities of these financial instruments.

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES We have interest rate swaps outstanding, which are designated as fair value hedges whereby we receive fixed interest rate payments in exchange for making variable interest rate payments. The differential to be paid or received is accrued and recognized as interest expense. Fair value was based on a model-driven income approach using the LIBOR rate at each interest payment date, which was observable at commonly quoted intervals for the full term of the swaps. Therefore, our interest rate swaps were classified within Level 2 of the fair value hierarchy. The fair value amounts of the interest rate swaps are reported in the Consolidated Condensed Balance Sheets within "Prepaid expenses and other current assets," "Direct financing leases and other assets," and "Other non-current liabilities." As of June 30, 2015 , these amounts are not material to our consolidated financial position and operations and have not changed significantly from the amounts reported at December 31, 2014 . The following table provides a detail of the swaps outstanding and the related hedged items as of June 30, 2015 : Maturity date Face value of medium-term notes Aggregate notional Fixed interest rate Weighted-average variable interest rate on hedged debt as of June 30, Issuance date 2015 2014 (Dollars in thousands) May 2011 June 2017 $350,000 $150,000 3.50% 1.49% 1.42% November 2013 November 2018 $300,000 $100,000 2.45% 1.23% 1.18% February 2014 June 2019 $350,000 $100,000 2.55% 1.15% 1.10% May 2014 September 2019 $400,000 $100,000 2.45% 0.90% 0.85% February 2015 March 2020 $400,000 $150,000 2.65% 1.14% — The amount of gains (losses) on interest rate swap agreements designated as fair value hedges and related hedged items are reported in the Consolidated Condensed Statements of Earnings within "Interest expense." Changes in the fair value of our interest rate swaps are offset by changes in the fair value of the debt instrument. Accordingly, there is no ineffectiveness related to the interest rate swaps.

Share Repurchase Programs

Share Repurchase Programs	6 Months Ended
	Jun. 30, 2015
Share Repurchase Programs [Abstract]
SHARE REPURCHASE PROGRAMS	SHARE REPURCHASE PROGRAMS In December 2013, our Board of Directors authorized a share repurchase program intended to mitigate the dilutive impact of shares issued under our various employee stock, stock option and employee stock purchase plans. Under the December 2013 program, management is authorized to repurchase shares of common stock in an amount not to exceed the number of shares issued to employees under the Company’s various employee stock, stock option and employee stock purchase plans from December 1, 2013 through December 10, 2015. The December 2013 program limits aggregate share repurchases to no more than 2 million shares of Ryder common stock. Share repurchases of common stock are made periodically in open-market transactions and are subject to market conditions, legal requirements and other factors. Management established prearranged written plans for the Company under Rule 10b5-1 of the Securities Exchange Act of 1934 as part of the December 2013 program, which allow for share repurchases during Ryder’s quarterly blackout periods as set forth in the trading plan. Early in the first quarter of 2015, due to the increase in leverage, we temporarily paused anti-dilutive share repurchase activity. For the six months ended June 30, 2015 and 2014 , we repurchased and retired 69,107 shares and 1,027,072 shares, respectively, under the program at an aggregate cost of $6.1 million and $79.5 million , respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS The following summary sets forth the components of accumulated other comprehensive loss, net of tax: Currency Translation Adjustments and Other Net Actuarial Loss (1) Prior Service Credit (1) Accumulated Other Comprehensive Loss (In thousands) December 31, 2014 $ (36,087 ) (585,941 ) 1,758 (620,270 ) Amortization — 9,790 (712 ) 9,078 Other current period change (30,345 ) (5,321 ) — (35,666 ) June 30, 2015 $ (66,432 ) (581,472 ) 1,046 (646,858 ) Currency Translation Adjustments and Other Net Actuarial Loss (1) Prior Service Credit (1) Accumulated Other Comprehensive Loss (In thousands) December 31, 2013 $ 35,875 (477,883 ) 3,760 (438,248 ) Amortization — 7,455 (1,335 ) 6,120 Other current period change 11,681 (2,048 ) — 9,633 June 30, 2014 $ 47,556 (472,476 ) 2,425 (422,495 ) _______________________ (1) These amounts are included in the computation of net periodic benefit cost. See Note (M), "Employee Benefit Plans," for further information. The loss from currency translation adjustments in the six months ended June 30, 2015 of $30.3 million was due primarily to the weakening of the Canadian Dollar and British Pound against the U.S. Dollar. The gain from currency translation adjustments in the six months ended June 30, 2014 of $11.7 million was due to the strengthening of the Canadian Dollar and British Pound compared to the U.S. Dollar.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Components of net periodic benefit cost/(credit) were as follows: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Pension Benefits Company-administered plans: Service cost $ 3,566 3,171 $ 7,193 6,594 Interest cost 22,048 25,135 43,935 50,696 Expected return on plan assets (25,021 ) (29,284 ) (49,921 ) (58,002 ) Amortization of: Net actuarial loss 7,664 5,579 15,472 11,814 Prior service credit (74 ) (435 ) (150 ) (893 ) 8,183 4,166 16,529 10,209 Union-administered plans 2,113 2,123 4,285 4,214 Net periodic benefit cost $ 10,296 6,289 $ 20,814 14,423 Company-administered plans: U.S. $ 8,599 4,499 $ 17,491 10,786 Non-U.S. (416 ) (333 ) (962 ) (577 ) 8,183 4,166 16,529 10,209 Union-administered plans 2,113 2,123 4,285 4,214 $ 10,296 6,289 $ 20,814 14,423 Postretirement Benefits Company-administered plans: Service cost $ 79 89 $ 190 224 Interest cost 275 348 559 713 Amortization of: Net actuarial gain (278 ) (234 ) (474 ) (363 ) Prior service credit (478 ) (615 ) (956 ) (1,230 ) Net periodic benefit credit $ (402 ) (412 ) $ (681 ) (656 ) Company-administered plans: U.S. $ (531 ) (524 ) $ (946 ) (921 ) Non-U.S. 129 112 265 265 $ (402 ) (412 ) $ (681 ) (656 ) During the six months ended June 30, 2015 , we contributed $7.9 million to our pension plans. In 2015 , we expect total contributions to our pension plans to be approximately $ 36 million .

Other Items Impacting Comparabi

Other Items Impacting Comparability	6 Months Ended
	Jun. 30, 2015
Other Income and Expenses [Abstract]
OTHER ITEMS IMPACTING COMPARABILITY	OTHER ITEMS IMPACTING COMPARABILITY Our primary measure of segment performance excludes certain items we do not believe are representative of the ongoing operations of the segment. We believe that excluding these items from our segment measure of performance allows for better comparison of results. During the three and six months ended June 30, 2015 , we incurred charges of $1.9 million and $3.8 million , respectively, related to professional fees associated with cost savings initiatives. These charges were recorded within "Selling, general and administrative expenses" in our Condensed Consolidated Statement of Earnings.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Jun. 30, 2015
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION	SUPPLEMENTAL CASH FLOW INFORMATION Supplemental cash flow information was as follows: Six months ended June 30, 2015 2014 (In thousands) Interest paid $ 69,681 69,834 Income taxes paid 9,970 7,332 Changes in accounts payable related to purchases of revenue earning equipment 124,766 1,520 Operating and revenue earning equipment acquired under capital leases 5,847 2,371 During the six months ended June 30, 2014 , we paid $1.6 million related to acquisitions completed in prior years.

Miscellaneous Income, Net

Miscellaneous Income, Net	6 Months Ended
	Jun. 30, 2015
Other Income and Expenses [Abstract]
MISCELLANEOUS INCOME, NET	MISCELLANEOUS INCOME, NET Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Rabbi trust investment income $ 119 1,077 $ 1,186 1,577 Insurance proceeds — 756 314 756 Foreign currency translation 137 23 266 (383 ) Gain on sales of operating property and equipment 27 1,286 81 2,590 Contract settlement 41 — 56 2,908 Other, net 704 1,686 1,762 2,762 Total $ 1,028 4,828 $ 3,665 10,210

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING Our operating segments are aggregated into reportable business segments based upon similar economic characteristics, products, services, customers and delivery methods. During the first quarter of 2015, our management structure changed within the supply chain business. We created the role of President of DTS for the dedicated product offering which previously was within SCS. We are now reporting our financial performance as follows: (1) FMS, which provides full service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; (2) DTS, which provides vehicles and drivers as part of a dedicated transportation solution in the U.S; and (3) SCS, which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. Dedicated services provided as part of an integrated, multi-service, supply chain solution are reported in the SCS business segment. Our primary measurement of segment financial performance, defined as “Earnings Before Tax” (EBT) from continuing operations, includes an allocation of Central Support Services (CSS) and excludes non-operating pension costs, restructuring and other charges, net and other items discussed in Note (N), "Other Items Impacting Comparability." CSS represents those costs incurred to support all business segments, including human resources, finance, corporate services, public affairs, information technology, health and safety, legal, marketing and corporate communications. The objective of the EBT measurement is to provide clarity on the profitability of each business segment and, ultimately, to hold leadership of each business segment and each operating segment within each business segment accountable for their allocated share of CSS costs. Certain costs are considered to be overhead not attributable to any segment and remain unallocated in CSS. Included among the unallocated overhead remaining within CSS are the costs for investor relations, public affairs and certain executive compensation. Our FMS segment leases revenue earning equipment and provides fuel, maintenance and other ancillary services to the DTS and SCS segments. Inter-segment revenue and EBT are accounted for at rates similar to those executed with third parties. EBT related to inter-segment equipment and services billed to customers (equipment contribution) are included in both FMS and the business segment which served the customer and then eliminated (presented as “Eliminations”). The following tables set forth financial information for each of our business segments and provides a reconciliation between segment EBT and earnings from continuing operations before income taxes for the three and six months ended June 30, 2015 and 2014 . Segment results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented. FMS DTS SCS Eliminations Total (in thousands) For the three months ended June 30, 2015 Revenue from external customers $ 1,042,476 223,514 396,941 — 1,662,931 Inter-segment revenue 106,873 — — (106,873 ) — Total revenue $ 1,149,349 223,514 396,941 (106,873 ) 1,662,931 Segment EBT $ 122,452 12,435 27,699 (11,588 ) 150,998 Unallocated CSS (10,924 ) Non-operating pension costs (4,688 ) Restructuring and other charges, net and other items (1) (1,939 ) Earnings from continuing operations before income taxes $ 133,447 Segment capital expenditures paid (2) $ 761,542 646 3,570 — 765,758 Unallocated CSS 10,218 Capital expenditures paid $ 775,976 For the three months ended June 30, 2014 Revenue from external customers $ 1,056,992 234,014 393,565 — 1,684,571 Inter-segment revenue 124,230 — — (124,230 ) — Total revenue $ 1,181,222 234,014 393,565 (124,230 ) 1,684,571 Segment EBT $ 113,553 12,998 17,730 (10,523 ) 133,758 Unallocated CSS (12,125 ) Non-operating pension costs (1,544 ) Earnings from continuing operations before income taxes $ 120,089 Segment capital expenditures paid (2) $ 623,138 408 3,841 — 627,387 Unallocated CSS 49,113 Capital expenditures paid $ 676,500 ———————————— (1) See Note (N), "Other Items Impacting Comparability," for additional information. (2) Excludes revenue earning equipment acquired under capital leases. FMS DTS SCS Eliminations Total (in thousands) For the six months ended June 30, 2015 Revenue from external customers $ 2,025,916 436,173 767,995 — 3,230,084 Inter-segment revenue 210,583 — — (210,583 ) — Total revenue $ 2,236,499 436,173 767,995 (210,583 ) 3,230,084 Segment EBT $ 212,170 21,405 43,388 (23,122 ) 253,841 Unallocated CSS (22,866 ) Non-operating pension costs (9,571 ) Restructuring and other charges, net and other items (1) (3,780 ) Earnings from continuing operations before income taxes $ 217,624 Segment capital expenditures paid (2) $ 1,300,285 1,355 9,557 — 1,311,197 Unallocated CSS 18,021 Capital expenditures paid $ 1,329,218 For the six months ended June 30, 2014 Revenue from external customers $ 2,070,388 449,976 774,944 — 3,295,308 Inter-segment revenue 245,921 — — (245,921 ) — Total revenue $ 2,316,309 449,976 774,944 (245,921 ) 3,295,308 Segment EBT $ 190,586 21,684 30,828 (20,151 ) 222,947 Unallocated CSS (22,954 ) Non-operating pension costs (4,858 ) Earnings from continuing operations before income taxes $ 195,135 Segment capital expenditures paid (2), (3) $ 1,191,377 658 7,463 — 1,199,498 Unallocated CSS 55,724 Capital expenditures paid $ 1,255,222 (1) See Note (N), "Other Items Impacting Comparability," for additional information. (2) Excludes revenue earning equipment acquired under capital leases. (3) Excludes acquisition payments of $1.6 million during the six months ended June 30, 2014.

Other Matters

Other Matters	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
OTHER MATTERS	OTHER MATTERS We are a party to various claims, complaints and proceedings arising in the ordinary course of our continuing business operations including but not limited to those relating to commercial and employment claims, environmental matters, risk management matters (e.g. vehicle liability, workers’ compensation, etc.) and administrative assessments primarily associated with operating taxes. We have established loss provisions for matters in which losses are probable and can be reasonably estimated. For matters from continuing operations where a reserve has not been established and for which we believe a loss is reasonably possible, as well as for matters where a reserve has been recorded but for which an exposure to loss in excess of the amount accrued is reasonably possible, we believe that such losses will not have a material effect on our consolidated financial statements. Our estimates regarding potential losses and materiality are based on our judgment and assessment of the claims utilizing currently available information. Although we will continue to reassess our reserves and estimates based on future developments, our objective assessment of the legal merits of such claims may not always be predictive of the outcome and actual results may vary from our current estimates. Although we discontinued our South American operations in 2009, we continue to be party to various federal, state and local legal proceedings involving labor matters, tort claims and tax assessments. We have established loss provisions for any matters where we believe a loss is probable and can be reasonably estimated. Other than with respect to the matters discussed below, for matters where a reserve has not been established and for which we believe a loss is reasonably possible, as well as for matters where a reserve has been recorded but for which an exposure to loss in excess of the amount accrued is reasonably possible, we believe that such losses will not have a material effect on our consolidated financial statements. In Brazil, we were assessed $5 million (before and after tax) in prior years for various federal income taxes and social contribution taxes for the 1997 and 1998 tax years. We successfully overturned these federal tax assessments in the lower courts; however, there is a reasonable possibility that these rulings could be reversed and we would be required to pay the assessments. We believe it is more likely than not that our position will ultimately be sustained if appealed and no amounts have been reserved for these matters. We are entitled to indemnification for a portion of any resulting liability on these federal tax claims which, if honored, would reduce the estimated loss.

General (Tables)

General (Tables)	6 Months Ended
	Jun. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Schedule of error corrections and prior period adjustments	e have elected to revise previously issued financial statements to avoid inconsistencies in our financial statements. Adjustments may not be additive and may have minor differences within the tables due to rounding. The effects of this revision on our Consolidated Statements of Earnings were as follows (in millions): Year ended December 31, 2014 Year ended December 31, 2013 Year ended December 31, 2012 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 2,039.3 (2.4 ) 2,036.9 $ 1,928.9 (3.4 ) 1,925.5 $ 1,902.8 (2.4 ) 1,900.4 Interest expense 142.1 2.6 144.7 137.2 3.3 140.5 140.6 2.7 143.3 Earnings from continuing operations before income taxes 338.5 (0.2 ) 338.3 368.9 0.1 369.0 303.1 (0.3 ) 302.8 Provision for income taxes 118.1 (0.1 ) 118.0 125.7 — 125.7 102.2 (0.1 ) 102.1 Earnings from continuing operations 220.5 (0.3 ) 220.2 243.2 0.1 243.3 200.9 (0.2 ) 200.7 Net earnings 218.6 (0.3 ) 218.3 237.8 0.1 237.9 210.0 (0.3 ) 209.7 Earnings (loss) per common share — Diluted, Net Earnings 4.14 — 4.14 4.63 — 4.63 3.91 (0.01 ) 3.90 Three months ended March 31, 2015 Three months ended March 31, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 519.2 (0.8 ) 518.4 $ 493.0 (0.4 ) 492.6 Interest expense 35.8 1.0 36.8 35.1 0.4 35.5 Earnings from continuing operations before income taxes 84.4 (0.2 ) 84.2 75.0 — 75.0 Earnings from continuing operations 53.5 (0.2 ) 53.3 49.1 — 49.1 Net earnings 52.9 (0.1 ) 52.8 48.2 0.1 48.3 Three months ended June 30, 2014 Six months ended June 30, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 508.1 (0.5 ) 507.6 $ 1,001.1 (0.9 ) 1,000.2 Interest expense 35.3 0.4 35.7 70.4 0.9 71.3 Earnings from continuing operations before income taxes 120.0 0.1 120.1 195.0 0.1 195.1 Three months ended September 30, 2014 Nine months ended September 30, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental $ 522.9 (0.7 ) 522.2 $ 1,524.0 (1.6 ) 1,522.4 Interest expense 35.9 0.8 36.7 106.3 1.6 107.9 Earnings from continuing operations before income taxes 129.7 (0.1 ) 129.6 324.8 (0.1 ) 324.7 Provision for income taxes 45.8 (0.1 ) 45.7 116.0 — 116.0 Earnings from continuing operations 84.0 (0.1 ) 83.9 208.8 (0.1 ) 208.7 Net earnings 83.7 (0.1 ) 83.6 207.3 — 207.3 The effects of this revision on our Consolidated Statements of Comprehensive Income were as follows (in millions): Comprehensive Income As Previously Reported Adjustment As Revised Year ended December 31, 2014 $ 36.6 (0.2 ) 36.4 Year ended December 31, 2013 387.2 0.1 387.3 Year ended December 31, 2012 189.5 (0.2 ) 189.3 Three months ended March 31, 2015 $ 0.2 (0.1 ) 0.1 Three months ended September 30, 2014 39.8 (0.1 ) 39.7 Nine months ended September 30, 2014 179.1 — 179.1 Three months ended June 30, 2014 102.6 — 102.6 Six months ended June 30, 2014 139.3 0.1 139.4 Three months ended March 31, 2014 36.8 — 36.8 The effects of this revision on our Consolidated Balance Sheets were as follows (in millions): March 31, 2015 December 31, 2014 December 31, 2013 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Revenue earning equipment, net $ 7,208.3 201.2 7,409.5 $ 6,994.4 207.4 7,201.9 $ 6,490.8 102.0 6,592.8 Total assets 9,906.8 201.2 10,108.0 9,676.0 207.4 9,883.4 9,103.8 102.0 9,205.8 Short-term debt and current portion of long-term debt 11.4 24.1 35.5 12.2 24.1 36.3 259.4 12.8 272.2 Accrued expenses and other current liabilities 489.6 (7.1 ) 482.5 520.5 (6.8 ) 513.7 496.3 (1.9 ) 494.4 Total current liabilities 1,126.5 16.9 1,143.4 1,093.6 17.2 1,110.8 1,231.1 10.9 1,242.0 Long-term debt 4,692.5 188.1 4,880.6 4,500.3 194.0 4,694.3 3,930.0 93.0 4,023.0 Other non-current liabilities 788.1 (3.2 ) 784.9 786.7 (3.4 ) 783.3 616.3 (1.6 ) 614.7 Deferred income taxes 1,488.1 (0.2 ) 1,487.9 1,476.0 (0.2 ) 1,475.8 1,429.6 — 1,429.6 Total liabilities 8,095.2 201.7 8,296.9 7,856.5 207.8 8,064.3 7,207.1 102.1 7,309.2 Retained earnings 1,479.2 (0.5 ) 1,478.7 1,450.9 (0.4 ) 1,450.5 1,390.8 (0.2 ) 1,390.6 Total shareholders’ equity 1,811.5 (0.5 ) 1,811.0 1,819.5 (0.4 ) 1,819.1 1,896.7 (0.1 ) 1,896.6 Total liabilities and shareholders’ equity 9,906.8 201.2 10,108.0 9,676.0 207.4 9,883.4 9,103.8 102.0 9,205.8 The effects of this revision on the individual line items within our Consolidated Statements of Cash Flows were as follows (in millions): Year ended December 31, 2014 Year ended December 31, 2013 Year ended December 31, 2012 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Net earnings $ 218.6 (0.3 ) 218.3 $ 237.8 0.1 237.9 $ 210.0 (0.3 ) 209.7 Depreciation expense 1,040.3 17.6 1,057.8 957.1 26.5 983.6 939.7 22.4 962.1 Deferred income tax expense 104.8 — 104.7 113.6 — 113.6 87.1 (0.1 ) 87.0 Accrued expenses and other non-current liabilities (48.7 ) (4.4 ) (53.1 ) (66.6 ) 2.2 (64.4 ) (68.3 ) 4.1 (64.2 ) Net cash provided by operating activities from continuing operations 1,370.0 12.8 1,382.8 1,223.1 28.7 1,251.8 1,134.1 26.1 1,160.2 Debt proceeds 839.7 125.8 965.5 557.0 — 557.0 745.8 130.2 876.0 Debt repaid, including capital and financing lease obligations (280.7 ) (12.8 ) (293.5 ) (332.6 ) (46.6 ) (379.2 ) (283.9 ) (26.1 ) (310.0 ) Net cash provided by financing activities from continuing operations 198.7 113.0 311.7 393.6 (46.5 ) 347.1 333.8 104.1 437.9 Purchases of property and revenue earning equipment (2,259.2 ) — (2,259.2 ) (2,140.5 ) 17.9 (2,122.6 ) (2,133.2 ) — (2,133.2 ) Sale and leaseback of revenue earning equipment 125.8 (125.8 ) — — — — 130.2 (130.2 ) — Net cash used in investing activities from continuing operations (1,578.7 ) (125.8 ) (1,704.5 ) (1,621.7 ) 17.9 (1,603.8 ) (1,504.3 ) (130.2 ) (1,634.5 ) Three months ended March 31, 2015 Three months ended March 31, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Net earnings $ 52.9 (0.1 ) 52.8 $ 48.2 0.1 48.3 Depreciation expense 262.4 6.2 268.6 248.8 3.1 251.9 Deferred income tax expense 26.7 (0.1 ) 26.6 21.7 — 21.7 Accrued expenses and other non-current liabilities (21.5 ) (0.1 ) (21.6 ) (29.9 ) (3.1 ) (33.0 ) Net cash provided by operating activities from continuing operations 277.9 6.0 283.8 237.7 — 237.7 Debt repaid, including capital and financing lease obligations (457.6 ) (6.0 ) (463.5 ) (252.8 ) — (252.8 ) Net cash provided by financing activities from continuing operations 184.8 (6.0 ) 178.9 215.2 — 215.2 Six months ended June 30, 2014 Nine months ended September 30, 2014 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Net earnings $ 123.6 — 123.6 $ 207.3 — 207.3 Depreciation expense 506.0 6.1 512.1 770.1 11.3 781.4 Accrued expenses and other non-current liabilities (67.6 ) 0.2 (67.4 ) (41.5 ) (4.9 ) (46.4 ) Net cash provided by operating activities from continuing operations 536.5 6.4 542.9 974.7 6.3 981.0 Debt proceeds 765.7 — 765.7 769.9 125.8 895.7 Debt repaid, including capital and financing lease obligations (271.2 ) (6.4 ) (277.6 ) (278.4 ) (6.4 ) (284.8 ) Net cash provided by financing activities from continuing operations 430.0 (6.4 ) 423.6 213.1 119.4 332.5 Sale and leaseback of revenue earning equipment — — — 125.8 (125.8 ) — Net cash used in investing activities from continuing operations (939.8 ) — (939.8 ) (1,171.5 ) (125.8 ) (1,297.3 )

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation expense and income tax benefits recognized during the periods	The following table provides information on share-based compensation expense and income tax benefits recognized during the periods: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Stock option and stock purchase plans $ 1,956 2,241 $ 4,257 4,478 Nonvested stock 3,548 2,890 6,912 5,511 Share-based compensation expense 5,504 5,131 11,169 9,989 Income tax benefit (1,860 ) (1,713 ) (3,743 ) (3,389 ) Share-based compensation expense, net of tax $ 3,644 3,418 $ 7,426 6,600
Summary of share-based compensation expense recognized related to cash awards	The following table is a summary of compensation expense recognized for market-based cash awards in addition to the share-based compensation expense reported in the previous table: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Cash awards $ 281 $ 743 $ 464 $ 1,266
Summary of the awards granted under the Plans	The following table is a summary of the awards granted under the Plans during the periods presented: Six months ended June 30, 2015 2014 (In thousands) Stock options 362 405 Market-based restricted stock rights 19 22 Performance-based restricted stock rights 42 30 Time-vested restricted stock rights 80 158 Total 503 615

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per common share from continuing operations	The following table presents the calculation of basic and diluted earnings per common share from continuing operations: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands, except per share amounts) Earnings per share — Basic: Earnings from continuing operations $ 85,917 75,721 $ 139,243 124,847 Less: Distributed and undistributed earnings allocated to nonvested stock (246 ) (302 ) (393 ) (582 ) Earnings from continuing operations available to common shareholders — Basic $ 85,671 75,419 $ 138,850 124,265 Weighted average common shares outstanding — Basic 52,827 52,564 52,712 52,612 Earnings from continuing operations per common share — Basic $ 1.62 1.43 $ 2.63 2.36 Earnings per share — Diluted: Earnings from continuing operations $ 85,917 75,721 $ 139,243 124,847 Less: Distributed and undistributed earnings allocated to nonvested stock (244 ) (299 ) (390 ) (578 ) Earnings from continuing operations available to common shareholders — Diluted $ 85,673 75,422 $ 138,853 124,269 Weighted average common shares outstanding — Basic 52,827 52,564 52,712 52,612 Effect of dilutive equity awards 468 482 492 472 Weighted average common shares outstanding — Diluted 53,295 53,046 53,204 53,084 Earnings from continuing operations per common share — Diluted $ 1.61 1.42 $ 2.61 2.34 Anti-dilutive equity awards not included above 363 412 273 314

Revenue Earning Equipment (Tabl

Revenue Earning Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Revenue Earning Equipment [Abstract]
Summary of revenue earning equipment	June 30, 2015 December 31, 2014 Cost Accumulated Depreciation Net Book Value (1) Cost Accumulated Depreciation Net Book Value (1) (In thousands) Held for use: Full service lease $ 8,398,012 (2,677,023 ) 5,720,989 $ 8,008,122 (2,598,140 ) 5,409,982 Commercial rental 2,925,063 (898,319 ) 2,026,744 2,570,081 (864,543 ) 1,705,538 Held for sale 342,659 (236,355 ) 106,304 312,699 (226,333 ) 86,366 Total $ 11,665,734 (3,811,697 ) 7,854,037 $ 10,890,902 (3,689,016 ) 7,201,886 ———————————— (1) Revenue earning equipment, net includes vehicles acquired under capital leases of $48.0 million , less accumulated depreciation of $20.3 million , at June 30, 2015 , and $47.8 million , less accumulated depreciation of $22.5 million , at December 31, 2014 . Additionally, revenue earning equipment, net underlying asset-backed U.S. obligations was $346.1 million at June 30, 2015 ( $403.3 million cost, less $57.1 million of accumulated depreciation) and $207.4 million at December 31, 2014 ( $247.8 million cost, less $40.3 million of accumulated depreciation). See Note (A), General, Revision of Prior Period Financial Information for further information related to our evaluation of accounting for these transactions.

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying amount of goodwill attributable to each reportable business segment	The carrying amount of goodwill attributable to each reportable business segment with changes therein was as follows: Fleet Dedicated Supply Total Balance at January 1, 2015: Goodwill $ 233,217 40,808 148,225 422,250 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) 222,895 40,808 129,326 393,029 Foreign currency translation adjustments (247 ) — (522 ) (769 ) Balance at June 30, 2015: Goodwill 232,970 40,808 147,703 421,481 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) $ 222,648 40,808 128,804 392,260

Accrued Expenses and Other Li32

Accrued Expenses and Other Liabilities (Tables)	6 Months Ended
	Jun. 30, 2015
Accrued Liabilities and Other Liabilities [Abstract]
Accrued Expenses and Other Liabilities	June 30, 2015 December 31, 2014 Accrued Expenses Non-Current Liabilities Total Accrued Expenses Non-Current Liabilities Total (In thousands) Salaries and wages $ 94,846 — 94,846 $ 114,446 — 114,446 Deferred compensation 2,243 41,518 43,761 3,209 37,093 40,302 Pension benefits 3,687 457,170 460,857 3,739 444,657 448,396 Other postretirement benefits 2,097 25,904 28,001 2,112 26,889 29,001 Other employee benefits 7,681 16,910 24,591 7,172 19,276 26,448 Insurance obligations (1) 136,394 198,860 335,254 132,246 189,431 321,677 Environmental liabilities 3,728 7,152 10,880 3,877 8,002 11,879 Operating taxes 106,286 — 106,286 92,330 — 92,330 Income taxes 2,785 24,704 27,489 5,066 22,843 27,909 Interest 35,875 — 35,875 33,509 — 33,509 Deposits, mainly from customers 64,059 5,648 69,707 59,388 5,929 65,317 Deferred revenue 14,388 — 14,388 11,759 — 11,759 Acquisition holdbacks 6,061 — 6,061 3,817 2,187 6,004 Other 43,592 21,549 65,141 41,009 27,035 68,044 Total $ 523,722 799,415 1,323,137 $ 513,679 783,342 1,297,021 ———————————— (1) Insurance obligations are primarily comprised of self-insured claim liabilities.

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of debt	Weighted-Average Interest Rate June 30, December 31, Maturities June 30, December 31, (In thousands) Short-term debt and current portion of long-term debt: Short-term debt 2.75% 1.30% 2015 $ 316 3,773 Current portion of long-term debt 347,501 32,511 Total short-term debt and current portion of long-term debt 347,817 36,284 Long-term debt: U.S. commercial paper (1) 0.43% 0.35% 2020 311,432 276,694 Global revolving credit facility 2.78% 1.60% 2020 40,908 11,190 Unsecured U.S. notes — Medium-term notes (1) 3.21% 3.29% 2015-2025 4,111,991 3,772,159 Unsecured U.S. obligations 1.50% 0.76% 2018 50,000 110,500 Unsecured foreign obligations 1.92% 2.01% 2015-2020 295,217 295,776 Asset-backed U.S. obligations (2) 1.79% 1.81% 2018-2022 362,075 218,137 Capital lease obligations 1.79% 1.73% 2015-2022 38,418 37,560 Total before fair market value adjustment 5,210,041 4,722,016 Fair market value adjustment on notes subject to hedging (3) 6,668 4,830 5,216,709 4,726,846 Current portion of long-term debt (347,501 ) (32,511 ) Long-term debt 4,869,208 4,694,335 Total debt $ 5,217,025 4,730,619 ———————————— (1) We had unamortized original issue discounts of $8.1 million and $7.9 million at June 30, 2015 and December 31, 2014 , respectively. (2) Asset-backed U.S. obligations of $362.1 million at June 30, 2015 and $218.1 million at December 31, 2014 are related to financing transactions involving revenue earning equipment. See Note (A), General, Revision of Prior Period Financial Information for further information related to our evaluation of accounting for these transactions. (3) The notional amount of executed interest rate swaps designated as fair value hedges was $600 million at both June 30, 2015 and December 31, 2014 .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value on nonrecurring basis	The following tables present our assets that are measured at fair value on a nonrecurring basis and considered a Level 3 fair value measurement: Fair Value Measurements at Total Losses (2) June 30, 2015 Three months ended June 30, 2015 Six months ended June 30, 2015 (In thousands) Assets held for sale: Revenue earning equipment: (1) Trucks $ 6,805 $ 1,515 $ 2,743 Tractors 7,389 1,081 1,908 Trailers 1,625 656 972 Total assets at fair value $ 15,819 $ 3,252 5,623 Fair Value Measurements at Total Losses (2) June 30, 2014 Three months ended June 30, 2014 Six months ended June 30, 2014 (In thousands) Assets held for sale: Revenue earning equipment: (1) Trucks $ 10,713 $ 1,572 $ 3,454 Tractors 6,057 662 2,294 Trailers 497 281 442 Total assets at fair value $ 17,267 $ 2,515 $ 6,190 ———————————— (1) Represents the portion of all revenue earning equipment held for sale that is recorded at fair value, less costs to sell. (2) Total losses represent fair value adjustments for all vehicles held for sale throughout the period for which fair value was less than carrying value.

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table provides a detail of the swaps outstanding and the related hedged items as of June 30, 2015 : Maturity date Face value of medium-term notes Aggregate notional Fixed interest rate Weighted-average variable interest rate on hedged debt as of June 30, Issuance date 2015 2014 (Dollars in thousands) May 2011 June 2017 $350,000 $150,000 3.50% 1.49% 1.42% November 2013 November 2018 $300,000 $100,000 2.45% 1.23% 1.18% February 2014 June 2019 $350,000 $100,000 2.55% 1.15% 1.10% May 2014 September 2019 $400,000 $100,000 2.45% 0.90% 0.85% February 2015 March 2020 $400,000 $150,000 2.65% 1.14% —

Accumulated Other Comprehensi36

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Schedule of accumulated other comprehensive loss, net of tax	The following summary sets forth the components of accumulated other comprehensive loss, net of tax: Currency Translation Adjustments and Other Net Actuarial Loss (1) Prior Service Credit (1) Accumulated Other Comprehensive Loss (In thousands) December 31, 2014 $ (36,087 ) (585,941 ) 1,758 (620,270 ) Amortization — 9,790 (712 ) 9,078 Other current period change (30,345 ) (5,321 ) — (35,666 ) June 30, 2015 $ (66,432 ) (581,472 ) 1,046 (646,858 ) Currency Translation Adjustments and Other Net Actuarial Loss (1) Prior Service Credit (1) Accumulated Other Comprehensive Loss (In thousands) December 31, 2013 $ 35,875 (477,883 ) 3,760 (438,248 ) Amortization — 7,455 (1,335 ) 6,120 Other current period change 11,681 (2,048 ) — 9,633 June 30, 2014 $ 47,556 (472,476 ) 2,425 (422,495 ) _______________________ (1) These amounts are included in the computation of net periodic benefit cost. See Note (M), "Employee Benefit Plans," for further information.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Components of net periodic benefit cost	Components of net periodic benefit cost/(credit) were as follows: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Pension Benefits Company-administered plans: Service cost $ 3,566 3,171 $ 7,193 6,594 Interest cost 22,048 25,135 43,935 50,696 Expected return on plan assets (25,021 ) (29,284 ) (49,921 ) (58,002 ) Amortization of: Net actuarial loss 7,664 5,579 15,472 11,814 Prior service credit (74 ) (435 ) (150 ) (893 ) 8,183 4,166 16,529 10,209 Union-administered plans 2,113 2,123 4,285 4,214 Net periodic benefit cost $ 10,296 6,289 $ 20,814 14,423 Company-administered plans: U.S. $ 8,599 4,499 $ 17,491 10,786 Non-U.S. (416 ) (333 ) (962 ) (577 ) 8,183 4,166 16,529 10,209 Union-administered plans 2,113 2,123 4,285 4,214 $ 10,296 6,289 $ 20,814 14,423 Postretirement Benefits Company-administered plans: Service cost $ 79 89 $ 190 224 Interest cost 275 348 559 713 Amortization of: Net actuarial gain (278 ) (234 ) (474 ) (363 ) Prior service credit (478 ) (615 ) (956 ) (1,230 ) Net periodic benefit credit $ (402 ) (412 ) $ (681 ) (656 ) Company-administered plans: U.S. $ (531 ) (524 ) $ (946 ) (921 ) Non-U.S. 129 112 265 265 $ (402 ) (412 ) $ (681 ) (656 )

Supplemental Cash Flow Inform38

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental cash flow information	Supplemental cash flow information was as follows: Six months ended June 30, 2015 2014 (In thousands) Interest paid $ 69,681 69,834 Income taxes paid 9,970 7,332 Changes in accounts payable related to purchases of revenue earning equipment 124,766 1,520 Operating and revenue earning equipment acquired under capital leases 5,847 2,371

Miscellaneous Income, Net (Tabl

Miscellaneous Income, Net (Tables)	6 Months Ended
	Jun. 30, 2015
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Rabbi trust investment income $ 119 1,077 $ 1,186 1,577 Insurance proceeds — 756 314 756 Foreign currency translation 137 23 266 (383 ) Gain on sales of operating property and equipment 27 1,286 81 2,590 Contract settlement 41 — 56 2,908 Other, net 704 1,686 1,762 2,762 Total $ 1,028 4,828 $ 3,665 10,210

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Financial information of business segments	The following tables set forth financial information for each of our business segments and provides a reconciliation between segment EBT and earnings from continuing operations before income taxes for the three and six months ended June 30, 2015 and 2014 . Segment results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented. FMS DTS SCS Eliminations Total (in thousands) For the three months ended June 30, 2015 Revenue from external customers $ 1,042,476 223,514 396,941 — 1,662,931 Inter-segment revenue 106,873 — — (106,873 ) — Total revenue $ 1,149,349 223,514 396,941 (106,873 ) 1,662,931 Segment EBT $ 122,452 12,435 27,699 (11,588 ) 150,998 Unallocated CSS (10,924 ) Non-operating pension costs (4,688 ) Restructuring and other charges, net and other items (1) (1,939 ) Earnings from continuing operations before income taxes $ 133,447 Segment capital expenditures paid (2) $ 761,542 646 3,570 — 765,758 Unallocated CSS 10,218 Capital expenditures paid $ 775,976 For the three months ended June 30, 2014 Revenue from external customers $ 1,056,992 234,014 393,565 — 1,684,571 Inter-segment revenue 124,230 — — (124,230 ) — Total revenue $ 1,181,222 234,014 393,565 (124,230 ) 1,684,571 Segment EBT $ 113,553 12,998 17,730 (10,523 ) 133,758 Unallocated CSS (12,125 ) Non-operating pension costs (1,544 ) Earnings from continuing operations before income taxes $ 120,089 Segment capital expenditures paid (2) $ 623,138 408 3,841 — 627,387 Unallocated CSS 49,113 Capital expenditures paid $ 676,500 ———————————— (1) See Note (N), "Other Items Impacting Comparability," for additional information. (2) Excludes revenue earning equipment acquired under capital leases. FMS DTS SCS Eliminations Total (in thousands) For the six months ended June 30, 2015 Revenue from external customers $ 2,025,916 436,173 767,995 — 3,230,084 Inter-segment revenue 210,583 — — (210,583 ) — Total revenue $ 2,236,499 436,173 767,995 (210,583 ) 3,230,084 Segment EBT $ 212,170 21,405 43,388 (23,122 ) 253,841 Unallocated CSS (22,866 ) Non-operating pension costs (9,571 ) Restructuring and other charges, net and other items (1) (3,780 ) Earnings from continuing operations before income taxes $ 217,624 Segment capital expenditures paid (2) $ 1,300,285 1,355 9,557 — 1,311,197 Unallocated CSS 18,021 Capital expenditures paid $ 1,329,218 For the six months ended June 30, 2014 Revenue from external customers $ 2,070,388 449,976 774,944 — 3,295,308 Inter-segment revenue 245,921 — — (245,921 ) — Total revenue $ 2,316,309 449,976 774,944 (245,921 ) 3,295,308 Segment EBT $ 190,586 21,684 30,828 (20,151 ) 222,947 Unallocated CSS (22,954 ) Non-operating pension costs (4,858 ) Earnings from continuing operations before income taxes $ 195,135 Segment capital expenditures paid (2), (3) $ 1,191,377 658 7,463 — 1,199,498 Unallocated CSS 55,724 Capital expenditures paid $ 1,255,222 (1) See Note (N), "Other Items Impacting Comparability," for additional information. (2) Excludes revenue earning equipment acquired under capital leases. (3) Excludes acquisition payments of $1.6 million during the six months ended June 30, 2014.

General - Additional Informatio

General - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue earning equipment, net	$ 7,854,037	$ 7,409,529	$ 7,201,886	$ 6,592,826
Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue earning equipment, net		$ 201,200	$ 207,438	$ 102,000

General - Schedule of Error Cor

General - Schedule of Error Corrections and Prior Period Adjustments (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							6 Months Ended				9 Months Ended	12 Months Ended
	Jun. 30, 2015		Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014		Mar. 31, 2014	Jun. 30, 2015		Jun. 30, 2014		Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Statement [Abstract]
Cost of lease and rental	$ 531,308		$ 518,422	$ 522,202	$ 507,620		$ 492,572	$ 1,049,730		$ 1,000,192		$ 1,522,394	$ 2,036,881	$ 1,925,546	$ 1,900,424
Interest expense	39,075		36,802	36,681	35,729		35,538	75,877		71,267		107,948	144,739	140,463	143,305
Earnings from continuing operations before income taxes	133,447		84,177	129,608	120,089		75,046	217,624		195,135		324,743	338,267	369,014	302,768
Provision for income taxes	47,530			45,713	44,368			78,381		70,288		116,001	118,042	125,739	102,100
Earnings from continuing operations	85,917		53,326	83,895	75,721		49,126	139,243		124,847		208,742	220,225	243,275	200,668
Net earnings	$ 85,159		52,789	83,617	$ 75,385		48,260	$ 137,948		$ 123,645		207,262	$ 218,341	$ 237,871	$ 209,748
Earnings (loss) per common share — Diluted, Net Earnings	$ 1.59	[1]			$ 1.41	[1]		$ 2.59	[1]	$ 2.32	[1]		$ 4.14	$ 4.63	$ 3.90
Statement of Comprehensive Income [Abstract]
Comprehensive income (loss)	$ 111,333		100	39,700	$ 102,603		36,800	$ 111,360		$ 139,398		179,100	$ 36,400	$ 387,300	$ 189,300
Statement of Financial Position [Abstract]
Revenue earning equipment, net	7,854,037		7,409,529					7,854,037					7,201,886	6,592,826
Total assets	10,638,264		10,107,975					10,638,264					9,883,424	9,205,771
Short-term debt and current portion of long-term debt	347,817		35,452					347,817					36,284	272,203
Accrued expenses and other current liabilities	523,722		482,521					523,722					513,679	494,395
Total current liabilities	1,523,732		1,143,446					1,523,732					1,110,815	1,241,962
Long-term debt	4,869,208		4,880,638					4,869,208					4,694,335	4,022,975
Other non-current liabilities	799,415		784,948					799,415					783,342	614,713
Deferred income taxes	1,532,470		1,487,913					1,532,470					1,475,845	1,429,560
Total liabilities	8,724,825		8,296,944					8,724,825					8,064,337	7,309,210
Retained earnings	1,544,047		1,478,660					1,544,047					1,450,509	1,390,603
Total shareholders’ equity	1,913,439		1,811,031					1,913,439					1,819,087	1,896,561
Total liabilities and shareholders’ equity	10,638,264		10,107,975					10,638,264					9,883,424	9,205,771
Statement of Cash Flows [Abstract]
Net earnings	$ 85,159		52,789	83,617	75,385		48,260	137,948		123,645		207,262	218,341	237,871	209,748
Depreciation expense			268,649				251,871	546,699		512,109		781,367	1,057,813	983,610	962,052
Deferred income tax expense			26,646				21,667	67,592		59,987			104,713	113,621	86,984
Accrued expenses and other non-current liabilities			(21,576)				(32,999)	17,005		(67,439)		(46,357)	(53,109)	(64,423)	(64,242)
Net cash provided by operating activities from continuing operations			283,845				237,660	658,698		542,888		981,044	1,382,818	1,251,811	1,160,175
Debt proceeds								930,090		765,713		895,733	965,533	556,989	875,961
Debt repaid, including capital and financing lease obligations			(463,536)				(252,845)	(486,103)		(277,636)		(284,811)	(293,488)	(379,189)	(309,988)
Net cash provided by financing activities from continuing operations			178,870				215,169	445,520		423,565		332,501	311,650	347,070	437,938
Purchases of property and revenue earning equipment								(1,329,218)		(1,255,222)			(2,259,164)	(2,122,628)	(2,133,235)
Sale and leaseback of revenue earning equipment										0		0	0	0	0
Net cash used in investing activities from continuing operations								$ (1,078,663)		(939,818)		(1,297,281)	(1,704,510)	(1,603,818)	(1,634,457)
As Previously Reported [Member]
Income Statement [Abstract]
Cost of lease and rental			519,174	522,888	508,091		493,043			1,001,134		1,524,022	2,039,263	1,928,933	1,902,823
Interest expense			35,849	35,882	35,302		35,109			70,411		106,293	142,075	137,196	140,557
Earnings from continuing operations before income taxes			84,378	129,721	120,045		75,004			195,049		324,770	338,549	368,895	303,117
Provision for income taxes				45,754								116,011	118,090	125,699	102,218
Earnings from continuing operations			53,453	83,967			49,098					208,759	220,459	243,196	200,899
Net earnings			52,916	83,689			48,232			123,590		207,279	$ 218,575	$ 237,792	$ 209,979
Earnings (loss) per common share — Diluted, Net Earnings													$ 4.14	$ 4.63	$ 3.91
Statement of Comprehensive Income [Abstract]
Comprehensive income (loss)			154	39,761	102,576		36,767			139,343		179,104	$ 36,553	$ 387,163	$ 189,525
Statement of Financial Position [Abstract]
Revenue earning equipment, net			7,208,345										6,994,448	6,490,837
Total assets			9,906,791										9,675,986	9,103,782
Short-term debt and current portion of long-term debt			11,417										12,207	259,438
Accrued expenses and other current liabilities			489,647										520,532	496,337
Total current liabilities			1,126,537										1,093,591	1,231,139
Long-term debt			4,692,503										4,500,275	3,929,987
Other non-current liabilities			788,094										786,676	616,305
Deferred income taxes			1,488,111										1,475,970	1,429,637
Total liabilities			8,095,245										7,856,512	7,207,068
Retained earnings			1,479,175										1,450,896	1,390,756
Total shareholders’ equity			1,811,546										1,819,474	1,896,714
Total liabilities and shareholders’ equity			9,906,791										9,675,986	9,103,782
Statement of Cash Flows [Abstract]
Net earnings			52,916	83,689			48,232			123,590		207,279	218,575	237,792	209,979
Depreciation expense			262,395				248,815			505,997		770,067	1,040,259	957,141	939,677
Deferred income tax expense			26,719				21,653						104,761	113,581	87,102
Accrued expenses and other non-current liabilities			(21,490)				(29,901)			(67,629)		(41,471)	(48,664)	(66,564)	(68,267)
Net cash provided by operating activities from continuing operations			277,878				237,660			536,500		974,656	1,369,991	1,223,082	1,134,124
Debt proceeds										765,713		769,908	839,708	556,989	745,777
Debt repaid, including capital and financing lease obligations			(457,569)				(252,845)			(271,248)		(278,423)	(280,661)	(332,624)	(283,937)
Net cash provided by financing activities from continuing operations			184,837				215,169			429,953		213,064	198,652	393,635	333,805
Purchases of property and revenue earning equipment													(2,259,164)	(2,140,464)	(2,133,235)
Sale and leaseback of revenue earning equipment										0		125,825	125,825	0	130,184
Net cash used in investing activities from continuing operations										(939,818)		(1,171,456)	(1,578,685)	(1,621,654)	(1,504,273)
Adjustment [Member]
Income Statement [Abstract]
Cost of lease and rental			(800)	(700)	(500)		(400)			(900)		(1,600)	(2,400)	(3,400)	(2,400)
Interest expense			1,000	800	400		400			900		1,600	2,600	3,300	2,700
Earnings from continuing operations before income taxes			(200)	(100)	100		0			100		(100)	(200)	100	(300)
Provision for income taxes				(100)								0	(100)	0	(100)
Earnings from continuing operations			(200)	(100)			0					(100)	(300)	100	(200)
Net earnings			(100)	(100)			100			0		0	$ (300)	$ 100	$ (300)
Earnings (loss) per common share — Diluted, Net Earnings													$ 0	$ 0	$ (0.01)
Statement of Comprehensive Income [Abstract]
Comprehensive income (loss)			(127)	(72)	$ 27		28			55		(17)	$ (234)	$ 79	$ (231)
Statement of Financial Position [Abstract]
Revenue earning equipment, net			201,200										207,438	102,000
Total assets			201,200										207,400	102,000
Short-term debt and current portion of long-term debt			24,100										24,100	12,800
Accrued expenses and other current liabilities			(7,100)										(6,800)	(1,900)
Total current liabilities			16,900										17,200	10,900
Long-term debt			188,100										194,000	93,000
Other non-current liabilities			(3,200)										(3,400)	(1,600)
Deferred income taxes			(200)										(200)	0
Total liabilities			201,700										207,800	102,100
Retained earnings			(500)										(400)	(200)
Total shareholders’ equity			(500)										(400)	(100)
Total liabilities and shareholders’ equity			201,200										207,400	102,000
Statement of Cash Flows [Abstract]
Net earnings			(100)	$ (100)			100			0		0	(300)	100	(300)
Depreciation expense			6,200				3,100			6,100		11,300	17,554	26,500	22,400
Deferred income tax expense			(100)				0						(48)	0	(100)
Accrued expenses and other non-current liabilities			(100)				(3,100)			200		(4,900)	(4,400)	2,200	4,100
Net cash provided by operating activities from continuing operations			5,967				0			6,400		0	12,800	28,700	26,100
Debt proceeds										0		125,800	125,800	0	130,200
Debt repaid, including capital and financing lease obligations			(5,967)				0			(6,400)		(6,400)	(12,800)	(46,600)	(26,100)
Net cash provided by financing activities from continuing operations			$ (5,967)				$ 0			(6,400)		119,400	113,000	(46,500)	104,100
Purchases of property and revenue earning equipment													0	17,900	0
Sale and leaseback of revenue earning equipment										0		(125,800)	(125,800)	0	(130,200)
Net cash used in investing activities from continuing operations										$ 0		$ (125,800)	$ (125,800)	$ 17,900	$ (130,200)
[1]	EPS amounts may not be additive due to rounding.

Recent Accounting Pronounceme43

Recent Accounting Pronouncements (Details) $ in Millions	Jun. 30, 2015USD ($)
New Accounting Pronouncement, Early Adoption, Effect [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Unamortized debt issuance costs	$ 19.4

Share-Based Compensation Plan44

Share-Based Compensation Plans - Share-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 5,504	$ 5,131	$ 11,169	$ 9,989
Income tax benefit	(1,860)	(1,713)	(3,743)	(3,389)
Share-based compensation expense, net of tax	3,644	3,418	7,426	6,600
Cash awards	281	743	464	1,266
Stock Option and Stock Purchase Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	1,956	2,241	4,257	4,478
Nonvested Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 3,548	$ 2,890	$ 6,912	$ 5,511

Share-Based Compensation Plan45

Share-Based Compensation Plans (Details Textual) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total unrecognized pre-tax compensation expense	$ 30.1
Weighted-average period to recognize pre-tax compensation expense (in years)	2 years

Share-Based Compensation Plan46

Share-Based Compensation Plans - Summary of Awards Granted (Details) - shares shares in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total awards granted during period	503	615
Stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted in period	362	405
Market-based restricted stock rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock rights, granted during period	19	22
Performance-based restricted stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock rights, granted during period	42	30
Time-vested restricted stock rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock rights, granted during period	80	158

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended					6 Months Ended		9 Months Ended	12 Months Ended
		Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Earnings per share — Basic:
Earnings from continuing operations		$ 85,917	$ 53,326	$ 83,895	$ 75,721	$ 49,126	$ 139,243	$ 124,847	$ 208,742	$ 220,225	$ 243,275	$ 200,668
Less: Distributed and undistributed earnings allocated to nonvested stock		(246)			(302)		(393)	(582)
Earnings from continuing operations available to common shareholders — Basic		$ 85,671			$ 75,419		$ 138,850	$ 124,265
Weighted average common shares outstanding - Basic (shares)		52,827			52,564		52,712	52,612
Earnings from continuing operations per common share — Basic	[1]	$ 1.62			$ 1.43		$ 2.63	$ 2.36
Earnings per share — Diluted:
Earnings from continuing operations		$ 85,917	$ 53,326	$ 83,895	$ 75,721	$ 49,126	$ 139,243	$ 124,847	$ 208,742	$ 220,225	$ 243,275	$ 200,668
Less: Distributed and undistributed earnings allocated to nonvested stock		(244)			(299)		(390)	(578)
Earnings from continuing operations available to common shareholders — Diluted		$ 85,673			$ 75,422		$ 138,853	$ 124,269
Weighted average common shares outstanding - Basic (shares)		52,827			52,564		52,712	52,612
Effect of dilutive equity awards (shares)		468			482		492	472
Weighted average common shares outstanding — Diluted (shares)		53,295			53,046		53,204	53,084
Earnings from continuing operations per common share — Diluted	[1]	$ 1.61			$ 1.42		$ 2.61	$ 2.34
Anti-dilutive equity awards not included above (shares)		363			412		273	314
[1]	EPS amounts may not be additive due to rounding.

Revenue Earning Equipment - Sch

Revenue Earning Equipment - Schedule of Revenue Earning Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue Earning Equipment [Line Items]
Cost	$ 11,665,734		$ 10,890,902
Accumulated Depreciation	(3,811,697)		(3,689,016)
Net Book Value	7,854,037	$ 7,409,529	7,201,886	$ 6,592,826
Held for use: Full service lease [Member]
Revenue Earning Equipment [Line Items]
Cost	8,398,012		8,008,122
Accumulated Depreciation	(2,677,023)		(2,598,140)
Net Book Value	5,720,989		5,409,982
Held for use: Commercial rental [Member]
Revenue Earning Equipment [Line Items]
Cost	2,925,063		2,570,081
Accumulated Depreciation	(898,319)		(864,543)
Net Book Value	2,026,744		1,705,538
Held-for-sale [Member]
Revenue Earning Equipment [Line Items]
Cost	342,659		312,699
Accumulated Depreciation	(236,355)		(226,333)
Net Book Value	106,304		86,366
Assets Held under Capital Leases [Member]
Revenue Earning Equipment [Line Items]
Cost	48,000		47,800
Accumulated Depreciation	$ (20,300)		$ (22,500)

Revenue Earning Equipment (Deta

Revenue Earning Equipment (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Mar. 31, 2015	Dec. 31, 2013
Revenue Earning Equipment [Line Items]
Revenue earning equipment, net	$ 7,854,037	$ 7,854,037	$ 7,201,886	$ 7,409,529	$ 6,592,826
Revenue earning equipment, cost	11,665,734	11,665,734	10,890,902
Effect of change in estimated residual values of revenue earning equipment on pre tax earnings	10,000	20,000
Net investment in direct financing and sales-type leases	432,800	432,800	417,000
Allowance for credit losses	300	$ 300	300
Trucks [Member] | Minimum [Member]
Revenue Earning Equipment [Line Items]
Lease term		3 years
Trucks [Member] | Maximum [Member]
Revenue Earning Equipment [Line Items]
Lease term		7 years
Trailers [Member] | Maximum [Member]
Revenue Earning Equipment [Line Items]
Lease term		10 years
Adjustment [Member]
Revenue Earning Equipment [Line Items]
Revenue earning equipment, net			207,438	$ 201,200	$ 102,000
Asset-backed U.S. obligations [Member]
Revenue Earning Equipment [Line Items]
Revenue earning equipment, net	346,100	$ 346,100
Revenue earning equipment, cost	$ 403,300	403,300	247,800
Accumulated depreciation on asset-backed obligations		$ (57,100)	$ (40,300)

Goodwill (Details)

Goodwill (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2015USD ($)reporting_unit	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Carrying amount of goodwill attributable to each reportable business segment
Goodwill, gross	$ 421,481	$ 421,481	$ 422,250
Accumulated impairment losses	(29,221)	(29,221)	(29,221)
Goodwill	392,260	392,260	393,029
Foreign currency translation adjustments		(769)
Fleet Management Solutions [Member]
Carrying amount of goodwill attributable to each reportable business segment
Goodwill, gross	232,970	232,970	233,217
Accumulated impairment losses	(10,322)	(10,322)	(10,322)
Goodwill	222,648	222,648	222,895
Foreign currency translation adjustments		(247)
Dedicated Transportation Solutions [Member]
Carrying amount of goodwill attributable to each reportable business segment
Goodwill, gross	40,808	40,808	40,808
Accumulated impairment losses	0	0	0
Goodwill	40,808	40,808	40,808
Foreign currency translation adjustments		0
Supply Chain Solutions [Member]
Carrying amount of goodwill attributable to each reportable business segment
Goodwill, gross	147,703	147,703	148,225
Accumulated impairment losses	(18,899)	(18,899)	(18,899)
Goodwill	$ 128,804	128,804	$ 129,326
Foreign currency translation adjustments		$ (522)
Quantitative [Member]
Carrying amount of goodwill attributable to each reportable business segment
Number of reporting units | reporting_unit	4
Qualitative Test [Member]
Carrying amount of goodwill attributable to each reportable business segment
Number of reporting units | reporting_unit	1

Accrued Expenses and Other Li51

Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accrued Expenses
Salaries and wages	$ 94,846		$ 114,446
Deferred compensation	2,243		3,209
Pension benefits	3,687		3,739
Other postretirement benefits	2,097		2,112
Other employee benefits	7,681		7,172
Insurance obligations	136,394		132,246
Environmental liabilities	3,728		3,877
Operating taxes	106,286		92,330
Income taxes	2,785		5,066
Interest	35,875		33,509
Deposits, mainly from customers	64,059		59,388
Deferred revenue	14,388		11,759
Acquisition holdbacks	6,061		3,817
Other	43,592		41,009
Total	523,722	$ 482,521	513,679	$ 494,395
Non-Current Liabilities
Salaries and wages	0		0
Deferred compensation	41,518		37,093
Pension benefits	457,170		444,657
Other postretirement benefits	25,904		26,889
Other employee benefits	16,910		19,276
Insurance obligations	198,860		189,431
Environmental liabilities	7,152		8,002
Operating taxes	0		0
Income taxes	24,704		22,843
Interest	0		0
Deposits, mainly from customers	5,648		5,929
Deferred revenue	0		0
Acquisition holdbacks	0		2,187
Other	21,549		27,035
Total	799,415	$ 784,948	783,342	$ 614,713
Total
Salaries and wages	94,846		114,446
Deferred compensation	43,761		40,302
Pension benefits	460,857		448,396
Other postretirement benefits	28,001		29,001
Other employee benefits	24,591		26,448
Insurance obligations	335,254		321,677
Environmental liabilities	10,880		11,879
Operating taxes	106,286		92,330
Income taxes	27,489		27,909
Interest	35,875		33,509
Deposits, mainly from customers	69,707		65,317
Deferred revenue	14,388		11,759
Acquisition holdbacks	6,061		6,004
Other	65,141		68,044
Total	$ 1,323,137		$ 1,297,021

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($)	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Short-term debt and current portion of long-term debt:
Short-term debt, weighted-average interest rate	2.75%		1.30%
Short-term debt	$ 316,000		$ 3,773,000
Current portion of long-term debt	347,501,000		32,511,000
Total short-term debt and current portion of long-term debt	347,817,000	$ 35,452,000	36,284,000	$ 272,203,000
Long-term debt:
Total before fair market value adjustment	5,210,041,000		4,722,016,000
Fair market value adjustment on notes subject to hedging	6,668,000		4,830,000
Total after fair market value adjustment	5,216,709,000		4,726,846,000
Current portion of long-term debt	(347,501,000)		(32,511,000)
Long-term debt	4,869,208,000	$ 4,880,638,000	4,694,335,000	$ 4,022,975,000
Total debt	5,217,025,000		4,730,619,000
Unamortized original issue discounts	8,100,000		7,900,000
Aggregate notional amount of interest rate swaps	$ 600,000,000		$ 600,000,000
U.S commercial paper [Member]
Long-term debt:
Long-term debt, weighted-average interest rate	0.43%		0.35%
U.S. commercial paper	$ 311,432,000		$ 276,694,000
Global revolving credit facility [Member]
Long-term debt:
Long-term debt, weighted-average interest rate	2.78%		1.60%
Global revolving credit facility	$ 40,908,000		$ 11,190,000
Unsecured U.S. notes - Medium-term notes [Member]
Long-term debt:
Long-term debt, weighted-average interest rate	3.21%		3.29%
Unsecured U.S. notes - Medium-term notes	$ 4,111,991,000		$ 3,772,159,000
Unsecured U.S. obligations [Member]
Long-term debt:
Long-term debt, weighted-average interest rate	1.50%		0.76%
Unsecured U.S. obligations	$ 50,000,000		$ 110,500,000
Unsecured foreign obligations [Member]
Long-term debt:
Long-term debt, weighted-average interest rate	1.92%		2.01%
Unsecured foreign obligations	$ 295,217,000		$ 295,776,000
Asset-backed U.S. obligations [Member]
Long-term debt:
Long-term debt, weighted-average interest rate	1.79%		1.81%
Unsecured foreign obligations	$ 362,075,000		$ 218,137,000
Capital lease obligations [Member]
Long-term debt:
Long-term debt, weighted-average interest rate	1.79%		1.73%
Capital lease obligations	$ 38,418,000		$ 37,560,000

Debt (Details Textual)

Debt (Details Textual)	6 Months Ended
	Jun. 30, 2015USD ($)Institutions	May. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Number of lending institutions | Institutions	12
Maximum borrowing capacity	$ 1,200,000,000
Annual facility fees, percentage	0.10%
Ratio of debt to consolidated net worth	3
Debt to consolidated tangible net worth ratio	209.00%
Line of credit remaining capacity	$ 847,600,000
Current maturities classified as long-term debt	338,400,000		$ 698,500,000
Trade receivables borrowings			60,000,000
Cash proceeds on financing transaction backed by a portion of revenue earning equipment	156,400,000
Total available proceeds under trade receivables purchase and sale program	$ 175,000,000
Number of days under trade receivables purchase and sale program	364 days
Letters of credit and surety bonds outstanding	$ 333,900,000		334,300,000
U.S commercial paper [Member]
Debt Instrument [Line Items]
Commercial paper classified as long term debt	$ 311,432,000		276,694,000
Unsecured Medium Term Notes Due May 2020 [Member]
Debt Instrument [Line Items]
Face amount of unsecured medium-term notes issued		$ 300,000,000
Debt repurchase price, percentage	101.00%
Letter of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 75,000,000
Letter of credit outstanding amount	$ 0
Minimum [Member]
Debt Instrument [Line Items]
Annual facility fees, percentage	0.075%
Maximum [Member]
Debt Instrument [Line Items]
Annual facility fees, percentage	0.25%
Asset-backed U.S. obligations [Member]
Debt Instrument [Line Items]
Debt	$ 362,076,000		$ 218,137,000

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Losses	$ 3,252	$ 2,515	$ 5,623	$ 6,190
Revenue earning equipment, Trucks [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Losses	1,515	1,572	2,743	3,454
Revenue earning equipment, Tractors [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Losses	1,081	662	1,908	2,294
Revenue earning equipment, Trailers [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Losses	656	281	972	442
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale at fair value	15,819	17,267	15,819	17,267
Fair Value, Inputs, Level 3 [Member] | Revenue earning equipment, Trucks [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale at fair value	6,805	10,713	6,805	10,713
Fair Value, Inputs, Level 3 [Member] | Revenue earning equipment, Tractors [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale at fair value	7,389	6,057	7,389	6,057
Fair Value, Inputs, Level 3 [Member] | Revenue earning equipment, Trailers [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale at fair value	$ 1,625	$ 497	$ 1,625	$ 497

Fair Value Measurements (Deta55

Fair Value Measurements (Details Textual) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of total debt	$ 4,910	$ 4,590

Derivatives (Details)

Derivatives (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Debt Instrument [Line Items]
Aggregate notional amount of interest rate swaps	$ 600,000,000	$ 600,000,000
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest rate swaps maturing June 2017 [Member]
Debt Instrument [Line Items]
Issuance date	May 24, 2011
Maturity date	Jun. 1, 2017
Face value of medium-term notes	$ 350,000,000
Aggregate notional amount of interest rate swaps	$ 150,000,000
Fixed interest rate	3.50%
Weighted-average variable interest rate on hedged debt	1.49%		1.42%
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest rate swaps maturing November 2018 [Member]
Debt Instrument [Line Items]
Issuance date	Nov. 12, 2013
Maturity date	Nov. 15, 2018
Face value of medium-term notes	$ 300,000,000
Aggregate notional amount of interest rate swaps	$ 100,000,000
Fixed interest rate	2.45%
Weighted-average variable interest rate on hedged debt	1.23%		1.18%
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest rate swaps maturing June 2019 [Member]
Debt Instrument [Line Items]
Issuance date	Feb. 25, 2014
Maturity date	Jun. 1, 2019
Face value of medium-term notes	$ 350,000,000
Aggregate notional amount of interest rate swaps	$ 100,000,000
Fixed interest rate	2.55%
Weighted-average variable interest rate on hedged debt	1.15%		1.10%
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest rate swaps maturing September 2019 [Member]
Debt Instrument [Line Items]
Issuance date	May 6, 2014
Maturity date	Sep. 3, 2019
Face value of medium-term notes	$ 400,000,000
Aggregate notional amount of interest rate swaps	$ 100,000,000
Fixed interest rate	2.45%
Weighted-average variable interest rate on hedged debt	0.90%		0.85%
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest rate swaps maturing March 2020 [Member]
Debt Instrument [Line Items]
Issuance date	Feb. 24, 2015
Maturity date	Mar. 2, 2020
Face value of medium-term notes	$ 400,000,000
Aggregate notional amount of interest rate swaps	$ 150,000,000
Fixed interest rate	2.65%
Weighted-average variable interest rate on hedged debt	1.14%		0.00%

Share Repurchase Programs (Deta

Share Repurchase Programs (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Accelerated Share Repurchases [Line Items]
Common stock repurchases	$ 6,141
December 2013 Anti-Dilutive Share Repurchase Program [Member]
Accelerated Share Repurchases [Line Items]
Common stock repurchases	$ 6,100	$ 79,500
Common Stock [Member]
Accelerated Share Repurchases [Line Items]
Repurchased and retired shares	69,107
Common stock repurchases	$ 35
Common Stock [Member] | December 2013 Anti-Dilutive Share Repurchase Program [Member]
Accelerated Share Repurchases [Line Items]
Maximum number of share repurchases authorization (no more than 2 million)	2,000,000
Repurchased and retired shares	69,107	1,027,072

Accumulated Other Comprehensi58

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive (Loss) [Roll Forward]
Accumulated other comprehensive loss, beginning of period	$ (620,270)	$ (438,248)
Amortization	9,078	6,120
Other current period change: Currency translation adjustments and other	(35,666)	9,633
Accumulated other comprehensive loss, end of period	(646,858)	(422,495)
Currency Translation Adjustments and Other [Member]
Accumulated Other Comprehensive (Loss) [Roll Forward]
Accumulated other comprehensive loss, beginning of period	(36,087)	35,875
Amortization	0	0
Other current period change: Currency translation adjustments and other	30,345	(11,681)
Accumulated other comprehensive loss, end of period	(66,432)	47,556
Net Actuarial Loss [Member]
Accumulated Other Comprehensive (Loss) [Roll Forward]
Accumulated other comprehensive loss, beginning of period	(585,941)	(477,883)
Amortization	9,790	7,455
Other current period change: Net actuarial loss and prior service credit	(5,321)	(2,048)
Accumulated other comprehensive loss, end of period	(581,472)	(472,476)
Prior Service Credit [Member]
Accumulated Other Comprehensive (Loss) [Roll Forward]
Accumulated other comprehensive loss, beginning of period	1,758	3,760
Amortization	(712)	(1,335)
Other current period change: Net actuarial loss and prior service credit	0	0
Accumulated other comprehensive loss, end of period	$ 1,046	$ 2,425

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Amortization of:
Contribution to pension plans			$ 7,900
Estimated total contributions			36,000
Pension Benefits [Member]
Amortization of:
Net periodic benefit cost (credit)	$ 10,296	$ 6,289	20,814	$ 14,423
Company Administered Plan [Member] | Pension Benefits [Member]
Components of net periodic benefit cost
Service cost	3,566	3,171	7,193	6,594
Interest cost	22,048	25,135	43,935	50,696
Expected return on plan assets	(25,021)	(29,284)	(49,921)	(58,002)
Amortization of:
Net actuarial loss (gain)	7,664	5,579	15,472	11,814
Prior service credit	(74)	(435)	(150)	(893)
Net periodic benefit cost (credit)	8,183	4,166	16,529	10,209
Company Administered Plan [Member] | Pension Benefits U.S. [Member]
Amortization of:
Net periodic benefit cost (credit)	8,599	4,499	17,491	10,786
Company Administered Plan [Member] | Pension Benefits Non-U.S. [Member]
Amortization of:
Net periodic benefit cost (credit)	(416)	(333)	(962)	(577)
Company Administered Plan [Member] | Postretirement Benefits [Member]
Components of net periodic benefit cost
Service cost	79	89	190	224
Interest cost	275	348	559	713
Amortization of:
Net actuarial loss (gain)	(278)	(234)	(474)	(363)
Prior service credit	(478)	(615)	(956)	(1,230)
Net periodic benefit cost (credit)	(402)	(412)	(681)	(656)
Company Administered Plan [Member] | Postretirement Benefits U.S [Member]
Amortization of:
Net periodic benefit cost (credit)	(531)	(524)	(946)	(921)
Company Administered Plan [Member] | Postretirement Benefits Non-U.S [Member]
Amortization of:
Net periodic benefit cost (credit)	129	112	265	265
Union Administered Plan [Member] | Pension Benefits [Member]
Amortization of:
Net periodic benefit cost (credit)	$ 2,113	$ 2,123	$ 4,285	$ 4,214

Other Items Impacting Compara60

Other Items Impacting Comparability (Details) - Jun. 30, 2015 - USD ($) $ in Millions	Total	Total
Other Income and Expenses [Abstract]
Professional fees associated with cost savings initiatives	$ 1.9	$ 3.8

Supplemental Cash Flow Inform61

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Supplemental cash flow information
Interest paid	$ 69,681	$ 69,834
Income taxes paid	9,970	7,332
Changes in accounts payable related to purchases of revenue earning equipment	124,766	1,520
Operating and revenue earning equipment acquired under capital leases	5,847	2,371
Acquisition payments	$ 0	$ 1,649

Miscellaneous Income, Net (Deta

Miscellaneous Income, Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Income and Expenses [Abstract]
Rabbi trust investment income	$ 119	$ 1,077	$ 1,186	$ 1,577
Insurance proceeds	0	756	314	756
Foreign currency translation	137	23	266	(383)
Gain on sales of operating property and equipment	27	1,286	81	2,590
Contract settlement	41	0	56	2,908
Other, net	704	1,686	1,762	2,762
Total	$ 1,028	$ 4,828	$ 3,665	$ 10,210

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended					6 Months Ended		9 Months Ended	12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Total revenue	$ 1,662,931			$ 1,684,571		$ 3,230,084	$ 3,295,308
Segment EBT	150,998			133,758		253,841	222,947
Unallocated CSS	(10,924)			(12,125)		(22,866)	(22,954)
Non-operating pension costs	(4,688)			(1,544)		(9,571)	(4,858)
Restructuring and other recoveries, net and other items	(1,939)					(3,780)
Earnings from continuing operations before income taxes	133,447	$ 84,177	$ 129,608	120,089	$ 75,046	217,624	195,135	$ 324,743	$ 338,267	$ 369,014	$ 302,768
Segment capital expenditures paid	765,758			627,387		1,311,197	1,199,498
Unallocated CSS	10,218			49,113		18,021	55,724
Capital expenditures paid	775,976			676,500		1,329,218	1,255,222
Acquisition payments						0	1,649
Fleet Management Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	1,149,349			1,181,222		2,236,499	2,316,309
Dedicated Transportation Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	223,514			234,014		436,173	449,976
Supply Chain Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	396,941			393,565		767,995	774,944
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total revenue	(106,873)			(124,230)		(210,583)	(245,921)
Segment EBT	(11,588)			(10,523)		(23,122)	(20,151)
Segment capital expenditures paid	0			0		0	0
Intersegment Eliminations [Member] | Fleet Management Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	106,873			124,230		210,583	245,921
Intersegment Eliminations [Member] | Dedicated Transportation Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	0			0		0	0
Intersegment Eliminations [Member] | Supply Chain Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	0			0		0	0
Operating Segments [Member] | Fleet Management Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	1,042,476			1,056,992		2,025,916	2,070,388
Segment EBT	122,452					212,170
Segment capital expenditures paid	761,542			623,138		1,300,285	1,191,377
Operating Segments [Member] | Dedicated Transportation Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	223,514			234,014		436,173	449,976
Segment EBT	12,435			12,998		21,405	21,684
Segment capital expenditures paid	646			408		1,355	658
Operating Segments [Member] | Supply Chain Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	396,941			393,565		767,995	774,944
Segment EBT	27,699			17,730		43,388	30,828
Segment capital expenditures paid	$ 3,570			$ 3,841		$ 9,557	$ 7,463

Other Matters (Details)

Other Matters (Details) $ in Millions	Jun. 30, 2015USD ($)
Tax Year 1997 and 1998 [Member] | Brazil state operating tax [Member]
Loss Contingencies [Line Items]
Tax amounts assessed but not reserved	$ 5