Ryder System (R) 10-K 12 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Jan. 31, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	RYDER SYSTEM INC
Entity Central Index Key	85,961
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 4,653,524,571
Entity Common Stock, Shares Outstanding		53,493,748

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Lease and rental revenues	$ 3,121,553	$ 2,939,422	$ 2,770,026
Services revenue	2,912,063	2,911,465	2,819,673
Fuel services revenue	538,277	787,887	829,586
Total revenues	6,571,893	6,638,774	6,419,285
Cost of lease and rental	2,153,450	2,036,881	1,925,546
Cost of services	2,413,156	2,447,867	2,359,880
Cost of fuel services	519,843	768,292	814,058
Other operating expenses	135,038	126,572	131,659
Selling, general and administrative expenses	844,497	816,975	790,681
Pension lump sum settlement expense	0	97,231	0
Gains on vehicles sales, net	(117,809)	(126,824)	(96,175)
Interest expense	150,434	144,739	140,463
Miscellaneous income, net	(10,156)	(13,613)	(15,372)
Restructuring and other charges (recoveries), net	14,225	2,387	(470)
Total expenses	6,102,678	6,300,507	6,050,270
Earnings from continuing operations before income taxes	469,215	338,267	369,015
Provision for income taxes	163,226	118,042	125,740
Earnings from continuing operations	305,989	220,225	243,275
Loss from discontinued operations, net of tax	(1,221)	(1,884)	(5,404)
Net earnings	$ 304,768	$ 218,341	$ 237,871
Earnings (loss) per common share — Basic
Continuing operations (in dollars per share)	$ 5.78	$ 4.18	$ 4.67
Discontinued operations (in dollars per share)	(0.02)	(0.04)	(0.10)
Net earnings (in dollars per share)	5.75	4.14	4.57
Earnings (loss) per common share — Diluted
Continuing operations (in dollars per share)	5.73	4.14	4.63
Discontinued operations (in dollars per share)	(0.02)	(0.03)	(0.10)
Net earnings (in dollars per share)	$ 5.71	$ 4.11	$ 4.53

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net earnings	$ 304,768	$ 218,341	$ 237,871
Other comprehensive (loss) income:
Changes in cumulative translation adjustment and other	(99,933)	(71,962)	(21,985)
Amortization of pension and postretirement items	27,731	18,601	33,219
Income tax expense related to amortization of pension and postretirement items	(9,637)	(6,411)	(11,739)
Amortization of pension and postretirement items, net of tax	18,094	12,190	21,480
Reclassification of net actuarial loss from pension settlement	0	97,231	0
Change in net actuarial loss and prior service credit	(23,979)	(281,173)	236,855
Income tax benefit (expense) related to change in net actuarial loss and prior service credit	13,353	61,692	(86,979)
Change in net actuarial loss and prior service credit, net of taxes	(10,626)	(122,250)	149,876
Other comprehensive (loss) income, net of taxes	(92,465)	(182,022)	149,371
Comprehensive income	$ 212,303	$ 36,319	$ 387,242

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 60,945	$ 50,092
Receivables, net	835,489	794,864
Inventories	63,725	66,007
Prepaid expenses and other current assets	138,143	132,681
Total current assets	1,098,302	1,043,644
Revenue earning equipment, net	8,184,735	7,201,886
Operating property and equipment, net	714,970	699,594
Goodwill	389,135	393,029
Intangible assets	55,192	66,619
Direct financing leases and other assets	525,475	446,099
Total assets	10,967,809	9,850,871
Current liabilities:
Short-term debt and current portion of long-term debt	634,530	36,284
Accounts payable	502,373	560,852
Accrued expenses and other current liabilities	543,352	513,679
Total current liabilities	1,680,255	1,110,815
Long-term debt	4,883,326	4,694,335
Other non-current liabilities	829,595	783,342
Deferred income taxes	1,587,522	1,443,292
Total liabilities	8,980,698	8,031,784
Shareholders’ equity:
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, December 31, 2015 or 2014	0	0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, December 31, 2015 — 53,490,603; December 31, 2014 — 53,039,688	26,745	26,520
Additional paid-in capital	1,006,021	962,328
Retained earnings	1,667,080	1,450,509
Accumulated other comprehensive loss	(712,735)	(620,270)
Total shareholders’ equity	1,987,111	1,819,087
Total liabilities and shareholders’ equity	$ 10,967,809	$ 9,850,871

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized	3,800,917	3,800,917
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.50	$ 0.50
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares outstanding	53,490,603	53,039,688

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities of continuing operations:
Net earnings	$ 304,768	$ 218,341	$ 237,871
Less: Loss from discontinued operations, net of tax	(1,221)	(1,884)	(5,404)
Earnings from continuing operations	305,989	220,225	243,275
Depreciation expense	1,139,922	1,057,813	983,610
Gains on vehicles sales, net	(117,809)	(126,824)	(96,175)
Share-based compensation expense	21,181	20,905	19,310
Pension lump sum settlement expense	0	97,231	0
Amortization expense and other non-cash charges, net	70,762	47,263	56,389
Deferred income tax expense	154,042	104,713	113,621
Changes in operating assets and liabilities, net of acquisitions:
Receivables	(40,323)	(20,687)	(14,272)
Inventories	1,448	(2,153)	(841)
Prepaid expenses and other assets	(292)	(16,040)	(23,114)
Accounts payable	(74,381)	53,481	34,431
Accrued expenses and other non-current liabilities	(18,751)	(53,109)	(64,423)
Net cash provided by operating activities from continuing operations	1,441,788	1,382,818	1,251,811
Cash flows from financing activities from continuing operations:
Net change in commercial paper borrowings and revolving credit facilities	323,359	(221,082)	146,382
Debt proceeds	1,283,223	965,533	556,989
Debt repaid, including capital lease obligations	(798,311)	(293,488)	(379,189)
Dividends on common stock	(83,201)	(74,871)	(67,720)
Common stock issued	23,635	46,568	90,646
Common stock repurchased	(6,141)	(106,286)	0
Excess tax benefits from share-based compensation and other items	(3,175)	700	5,151
Debt issuance costs	(7,904)	(5,424)	(5,189)
Net cash provided by financing activities from continuing operations	731,485	311,650	347,070
Cash flows from investing activities from continuing operations:
Purchases of property and revenue earning equipment	(2,667,978)	(2,259,164)	(2,122,628)
Sales of revenue earning equipment	423,605	493,477	445,589
Sales of operating property and equipment	3,891	3,486	6,782
Acquisitions	0	(9,972)	(1,858)
Collections on direct finance leases	70,980	65,517	70,677
Changes in restricted cash	8,147	3,396	(10,553)
Insurance recoveries and other	0	(1,250)	8,173
Net cash used in investing activities from continuing operations	(2,161,355)	(1,704,510)	(1,603,818)
Effect of exchange rates on cash	37	297	5,558
Increase (decrease) in cash and cash equivalents from continuing operations	11,955	(9,745)	621
Decrease in cash and cash equivalents from discontinued operations	(1,102)	(1,725)	(5,451)
Increase (decrease) in cash and cash equivalents	10,853	(11,470)	(4,830)
Cash and cash equivalents at January 1	50,092	61,562	66,392
Cash and cash equivalents at December 31	$ 60,945	$ 50,092	$ 61,562

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands		Total	Preferred Stock	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2012		$ 1,467,255	$ 0	$ 25,686	$ 808,230	$ 1,220,958	$ (587,619)
Beginning balance, shares at Dec. 31, 2012				51,371,696
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income		387,242				237,871	149,371
Common stock dividends declared and paid		(68,226)				(68,226)
Common stock issued under employee stock option and stock purchase plans	[1]	87,168		$ 956	86,212
Common stock issued under employee stock option and stock purchase plans, shares	[1]			1,913,067
Benefit plan stock sales, shares	[2]			50,623
Benefit plan stock sales	[2]	3,478		$ 25	3,453
Share-based compensation		19,310			19,310
Tax benefits from share-based compensation		334			334
Ending balance at Dec. 31, 2013		1,896,561	0	$ 26,667	917,539	1,390,603	(438,248)
Ending balance, shares at Dec. 31, 2013				53,335,386
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income		36,319				218,341	(182,022)
Common stock dividends declared and paid		(75,631)				(75,631)
Common stock issued under employee stock option and stock purchase plans	[1]	45,882		$ 511	45,371
Common stock issued under employee stock option and stock purchase plans, shares	[1]			1,019,341
Benefit plan stock sales, shares	[2]			8,239
Benefit plan stock sales	[2]	686		$ 4	682
Common stock repurchases		(106,286)		$ (662)	(22,820)	(82,804)
Common stock repurchases, shares				(1,323,278)
Share-based compensation		20,905			20,905
Tax benefits from share-based compensation		651			651
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		$ 212,303				304,768	(92,465)
Common stock dividends declared and paid		(83,306)				(83,306)
Common stock issued under employee stock option and stock purchase plans	[1]	23,552		$ 260	23,292
Common stock issued under employee stock option and stock purchase plans, shares	[1]			519,271
Benefit plan stock sales, shares				751
Benefit plan stock sales	[2]	83		$ 0	83
Common stock repurchases		(6,141)		$ (35)	(1,215)	(4,891)
Common stock repurchases, shares				(69,107)
Share-based compensation		21,181			21,181
Tax benefits from share-based compensation		352			352
Ending balance at Dec. 31, 2015		$ 1,987,111	$ 0	$ 26,745	$ 1,006,021	$ 1,667,080	$ (712,735)
Ending balance, shares at Dec. 31, 2015		53,490,603		53,490,603
[1]	Net of common shares delivered as payment for the exercise price or to satisfy the 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 Statements of Sha8

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Stockholders' Equity [Abstract]
Common stock dividends declared and paid, (in dollars per share)	$ 1.56	$ 1.42	$ 1.30

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Consolidation and Presentation The consolidated 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”) where Ryder is determined to be the primary beneficiary. Ryder is deemed to be the primary beneficiary if we have the power to direct the activities that most significantly impact the entity’s economic performance and we share in the significant risks and rewards of the entity. All significant intercompany accounts and transactions have been eliminated in consolidation. 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 within Supply Chain Solutions (SCS). Beginning with the current year, we reported our financial performance based on our new segments: (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 continue to be reported in the SCS business segment. Prior period amounts have been recast to conform to the new presentation. This change impacted Note 10 , " Goodwill ," and Note 29 , " Segment Reporting ," with no impact on consolidated revenues, net income or cash flows. Use of Estimates The preparation of our consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are based on management’s best knowledge of historical trends, actions that we may take in the future, and other information available when the consolidated financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available. Areas where the nature of the estimate make it reasonably possible that actual results could materially differ from the amounts estimated include: depreciation and residual value guarantees, employee benefit plan obligations, self-insurance accruals, impairment assessments on long-lived assets (including goodwill and indefinite-lived intangible assets), allowance for accounts receivable, income tax liabilities and contingent liabilities. Cash Equivalents Cash equivalents represent cash in excess of current operating requirements invested in short-term, interest-bearing instruments with maturities of three months or less at the date of purchase and are stated at cost. Revenue Recognition We recognize revenue when persuasive evidence of an arrangement exists, the services have been rendered to customers or delivery has occurred, the pricing is fixed or determinable, and collectibility is reasonably assured. In our evaluation of whether the price is fixed or determinable, we determine whether the total contract consideration in the arrangement could change based on one or more factors. These factors, which vary among each of our segments, are further discussed below. Generally, the judgments made for these purposes do not materially impact the revenue recognized in any period. Sales tax collected from customers and remitted to the applicable taxing authorities is accounted for on a net basis, with no impact on revenue. Our judgments on collectibility are initially established when a business relationship with a customer is initiated and is continuously monitored as services are provided. We have a credit rating system based on internally developed standards and ratings provided by third parties. Our credit rating system, along with monitoring for delinquent payments, allows us to make decisions as to whether collectibility may not be reasonably assured. Factors considered during this process include historical payment trends, industry risks, liquidity of the customer, years in business, and judgments, liens or bankruptcies. When collectibility is not considered reasonably assured (typically when a customer is 120 days past due), revenue is not recognized until cash is collected from the customer. We generate revenue primarily through the lease, rental and maintenance of revenue earning equipment and by providing logistics management and dedicated services. We classify our revenues in one of the following categories: Lease and rental Lease and rental includes full service lease and commercial rental revenues from our FMS business segment. A full service lease is marketed, priced and managed as a bundled lease arrangement, which includes equipment, service and financing components. We do not offer a stand-alone unbundled finance lease of vehicles. For these reasons, both the lease and service components of our full service leases are included within lease and rental revenues. Our full service lease arrangements include lease deliverables such as the lease of a vehicle and the executory agreement for the maintenance, insurance, taxes and other services related to the leased vehicles during the lease term. Arrangement consideration is allocated between lease deliverables and non-lease deliverables based on management’s best estimate of the relative fair value of each deliverable. The arrangement consideration allocated to lease deliverables is accounted for pursuant to accounting guidance on leases. Our full service lease arrangements provide for a fixed charge billing and a variable charge billing based on mileage or time usage. Fixed charges are typically billed at the beginning of the month for the services to be provided that month. Variable charges are typically billed a month in arrears. Costs associated with the activities performed under our full service leasing arrangements are primarily comprised of labor, parts, outside work, depreciation, licenses, insurance, operating taxes and vehicle financing. These costs are expensed as incurred except for depreciation. Refer to “Summary of Significant Accounting Policies – Revenue Earning Equipment, Operating Property and Equipment, and Depreciation” for information regarding our depreciation policies. Non-chargeable maintenance costs have been allocated and reflected within “Cost of lease and rental” based on the maintenance-related labor costs relative to all product lines. Revenue from lease and rental agreements is recognized based on the classification of the arrangement, typically as either an operating or direct finance lease (DFL). • The majority of our leases and all of our rental arrangements are classified as operating leases and, therefore, we recognize lease and commercial rental revenue on a straight-line basis as it becomes receivable over the term of the lease or rental arrangement. Lease and rental agreements do not usually provide for scheduled rent increases or escalations. However, most lease agreements allow for rate changes based upon changes in the Consumer Price Index (CPI). Lease and rental agreements also provide for vehicle usage charges based on a time charge and/or a fixed per-mile charge. The fixed time charge, the fixed per-mile charge and the changes in rates attributed to changes in the CPI are considered contingent rentals and are not considered fixed or determinable until the effect of CPI changes is implemented or the equipment usage occurs. • The non-lease deliverables of our full service lease arrangements are comprised of access to substitute vehicles, emergency road service, and safety services. These services are available to our customers throughout the lease term. Accordingly, revenue is recognized on a straight-line basis over the lease term. • Leases not classified as operating leases are generally considered direct financing leases. We recognize revenue for direct financing leases using the effective interest method, which provides a constant periodic rate of return on the outstanding investment on the lease. Recognition of income on direct finance leases is suspended when management determines that collection of future income is not probable, which is at the point that the customer’s delinquent balance is determined to be at risk (generally over 120 days past due). Accrual is resumed, and previously suspended income is recognized, when the receivable becomes contractually current and/or collection uncertainty is removed. Cash receipts on impaired direct finance lease receivables are first applied to the direct finance lease receivable and then to any unrecognized income. A direct finance lease receivable is considered impaired, based on current information and events, if it is probable that we will be unable to collect all amounts due according to the contractual terms of the lease. Services Services include contract maintenance, contract-related maintenance and other revenues from our FMS business segment and all DTS and SCS revenues. Under our contract maintenance arrangements, we provide maintenance and repairs required to keep a vehicle in good operating condition, schedule preventive maintenance inspections and provide access to emergency road service and substitute vehicles. The vast majority of our services are routine services performed on a recurring basis throughout the term of the arrangement. From time to time, we provide non-routine major repair services in order to place a vehicle back in service. Revenue from maintenance service contracts is recognized on a straight-line basis as maintenance services are rendered over the terms of the related arrangements. Contract maintenance arrangements are generally cancelable, without penalty, after one year with 60 days prior written notice. Our maintenance service arrangement provides for a monthly fixed charge and a monthly variable charge based on mileage or time usage. Fixed charges are typically billed at the beginning of the month for the services to be provided that month. Variable charges are typically billed a month in arrears. Most contract maintenance agreements allow for rate changes based upon changes in the CPI. The fixed per-mile charge and the changes in rates attributed to changes in the CPI are recognized as earned. Costs associated with the activities performed under our contract maintenance arrangements are primarily comprised of labor, parts and outside work. These costs are expensed as incurred. Non-chargeable maintenance costs have been allocated and reflected within “Cost of services” based on the proportionate maintenance-related labor costs relative to all product lines. Revenue from DTS and SCS service contracts is recognized as services are rendered in accordance with contract terms, which typically include discrete billing rates for the services. In certain contracts, a portion of the contract consideration may be contingent upon the satisfaction of performance criteria, attainment of pain/gain share thresholds or volume thresholds. The contingent portion of the revenue in these arrangements is not considered fixed or determinable until the performance criteria or thresholds have been met. In transportation management arrangements where we act as principal, revenue is reported on a gross basis, without deducting third-party purchased transportation costs. To the extent that we are acting as an agent in the arrangement, revenue is reported on a net basis, after deducting purchased transportation costs. Fuel Fuel services include fuel services revenue from our FMS business segment. Revenue from fuel services is recognized when fuel is delivered to customers. Fuel is largely a pass-through to our customers for which we realize minimal changes in profitability during periods of steady market fuel prices. However, profitability may be positively or negatively impacted by sudden increases or decreases in market fuel prices during a short period of time as customer pricing for fuel services is established based on trailing market fuel costs. Accounts Receivable Allowance We maintain an allowance for uncollectible customer receivables and an allowance for billing adjustments related to certain discounts and billing corrections. Estimates are updated regularly based on historical experience of bad debts and billing adjustments processed, current collection trends and aging analysis. Accounts are charged against the allowance when determined to be uncollectible. Inventories Inventories, which consist primarily of fuel, tires and vehicle parts, are valued using the lower of weighted-average cost or market. Revenue Earning Equipment, Operating Property and Equipment, and Depreciation Revenue earning equipment, comprised of vehicles and operating property and equipment are initially recorded at cost inclusive of vendor rebates. Revenue earning equipment and operating property and equipment under capital lease are initially recorded at the lower of the present value of minimum lease payments or fair value. Vehicle repairs and maintenance that extend the life or increase the value of a vehicle are capitalized, whereas ordinary maintenance and repairs (including tire replacement or repair) are expensed as incurred. Direct costs incurred in connection with developing or obtaining internal-use software are capitalized. Costs incurred during the preliminary software development project stage, as well as maintenance and training costs, are expensed as incurred. Leasehold improvements are depreciated over the shorter of their estimated useful lives or the term of the related lease, which may include one or more option renewal periods where failure to exercise such options would result in an economic penalty in such amount that renewal appears, at the inception of the lease, to be reasonably assured. If a substantial additional investment is made in a leased property during the term of the lease, we re-evaluate the lease term to determine whether the investment, together with any penalties related to non-renewal, would constitute an economic penalty in such amount that renewal appears to be reasonably assured. Provision for depreciation is computed using the straight-line method on all depreciable assets. Depreciation expense has been recognized throughout the Consolidated Statement of Earnings depending on the nature of the related asset. We periodically review and adjust, as appropriate, the residual values and useful lives of revenue earning equipment. Our review of the residual values and useful lives of revenue earning equipment, is established with a long-term view considering historical market price changes, current and expected future market price trends, expected lives of vehicles and extent of alternative uses. Factors that could cause actual results to materially differ from estimates include, but are not limited to, unforeseen changes in technology innovations. We routinely dispose of used revenue earning equipment as part of our FMS business. Revenue earning equipment held for sale is stated at the lower of carrying amount or fair value less costs to sell. For revenue earning equipment held for sale, we stratify our fleet by vehicle type (tractors, trucks, and trailers), weight class, age and other relevant characteristics and create classes of similar assets for analysis purposes. Fair value is determined based upon recent market prices obtained from our own sales experience for sales of each class of similar assets and vehicle condition. Reductions in the carrying values of vehicles held for sale are recorded within “Other operating expenses” in the Consolidated Statements of Earnings. Gains and losses on sales of operating property and equipment are reflected in “Miscellaneous income, net.” Goodwill and Other Intangible Assets Goodwill on acquisitions represents the excess of the purchase price over the fair value of the underlying acquired net tangible and intangible assets. Factors that contribute to the recognition of goodwill in our acquisitions include (i) expected growth rates and profitability of the acquired companies, (ii) securing buyer-specific synergies that increase revenue and profits and are not otherwise available to market participants, (iii) significant cost savings opportunities, (iv) experienced workforce and (v) our strategies for growth in sales, income and cash flows. Goodwill and other intangible assets with indefinite useful lives are not amortized, but rather, are tested for impairment at least annually (April 1 st ). In evaluating goodwill for impairment, we have the option to first assess qualitative factors to determine whether further impairment testing is necessary. Among other relevant events and circumstances that affect the fair value of reporting units, we consider individual factors such as macroeconomic conditions, changes in our industry and the markets in which we operate as well as our reporting units' historical and expected future financial performance. If we conclude that it is more likely than not that a reporting unit's fair value is less than its carrying value, recoverability of goodwill is evaluated using a two-step process. The first step involves a comparison of the fair value of each of our reporting units with its carrying amount. If a reporting unit’s carrying amount exceeds its fair value, the second step is performed. The second step involves a comparison of the implied fair value and carrying value of that reporting unit’s goodwill. To the extent that a reporting unit’s carrying amount exceeds the implied fair value of its goodwill, an impairment loss is recognized. Our valuation of fair value for certain reporting units is determined based on an average of discounted future cash flow models that use ten years of projected cash flows and various terminal values based on multiples, book value or growth assumptions. For certain reporting units, fair value is determined based on the application of current trading multiples for comparable publicly-traded companies and the historical pricing multiples for comparable merger and acquisition transactions that have occurred in our industry. Rates used to discount cash flows are dependent upon interest rates and the cost of capital based on our industry and capital structure adjusted for equity and size risk premiums based on market capitalization. Estimates of future cash flows are dependent on our knowledge and experience about past and current events and assumptions about conditions we expect to exist, including long-term growth rates, capital requirements and useful lives. Our estimates of cash flows are also based on historical and future operating performance, economic conditions and actions we expect to take. In addition to these factors, our DTS reporting unit and SCS reporting units are dependent on several key customers or industry sectors. The loss of a key customer may have a significant impact to our DTS reporting unit or one of our SCS reporting units, causing us to assess whether or not the event resulted in a goodwill impairment loss. In making our assessments of fair value, we rely on our knowledge and experience about past and current events and assumptions about conditions we expect to exist in the future. These assumptions are based on a number of factors including future operating performance, economic conditions, actions we expect to take, and present value techniques. There are inherent uncertainties related to these factors and management’s judgment in applying them to the analysis of goodwill impairment. It is possible that assumptions underlying the impairment analysis will change in such a manner that impairment in value may occur in the future. Identifiable intangible assets not subject to amortization are assessed for impairment using a similar process to that used to evaluate goodwill as described above. Intangible assets with finite lives are amortized over their respective estimated useful lives. Identifiable intangible assets that are subject to amortization are evaluated for impairment using a process similar to that used to evaluate long-lived assets described below. Impairment of Long-Lived Assets Other than Goodwill Long-lived assets held and used, including revenue earning equipment, operating property and equipment and intangible assets with finite lives, are tested for recoverability when circumstances indicate that the carrying amount of assets may not be recoverable. Recoverability of long-lived assets is evaluated by comparing the carrying amount of an asset or asset group to management’s best estimate of the undiscounted future operating cash flows (excluding interest charges) expected to be generated by the asset or asset group. If these comparisons indicate that the asset or asset group is not recoverable, an impairment loss is recognized for the amount by which the carrying value of the asset or asset group exceeds fair value. Fair value is determined by a quoted market price, if available, or an estimate of projected future operating cash flows, discounted using a rate that reflects the related operating segment’s average cost of funds. Long-lived assets to be disposed of including revenue earning equipment, operating property and equipment and indefinite-lived intangible assets, are reported at the lower of carrying amount or fair value less costs to sell. Self-Insurance Accruals We retain a portion of the accident risk under auto liability, workers’ compensation and other insurance programs. Under our insurance programs, we retain the risk of loss in various amounts generally up to $3 million on a per occurrence basis. Self-insurance accruals are based primarily on an actuarially estimated, undiscounted cost of claims, which includes claims incurred but not reported. Such liabilities are based on estimates. Historical loss development factors are utilized to project the future development of incurred losses, and these amounts are adjusted based upon actual claim experience and settlements. While we believe that the amounts are adequate, there can be no assurance that changes to our actuarial estimates may not occur due to limitations inherent in the estimation process. Changes in the actuarial estimates of these accruals are charged or credited to earnings in the period determined. Amounts estimated to be paid within the next year have been classified as “Accrued expenses and other current liabilities” with the remainder included in “Other non-current liabilities” in our Consolidated Balance Sheets. We also maintain additional insurance at certain amounts in excess of our respective underlying retention. Amounts recoverable from insurance companies are not offset against the related accrual as our insurance policies do not extinguish or provide legal release from the obligation to make payments related to such risk-related losses. Amounts expected to be received within the next year from insurance companies have been included within “Receivables, net” with the remainder included in “Direct financing leases and other assets” and are recognized only when realization of the claim for recovery is considered probable. The accrual for the related claim has been classified within “Accrued expenses and other current liabilities” if it is estimated to be paid within the next year, otherwise it has been classified in “Other non-current liabilities” in our Consolidated Balance Sheets. Income Taxes Our provision for income taxes is based on reported earnings before income taxes. Deferred taxes are recognized for the future tax effects of temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases using tax rates in effect for the years in which the differences are expected to reverse. The effects of changes in tax laws on deferred tax balances are recognized in the period the new legislation is enacted. Valuation allowances are recognized to reduce deferred tax assets to the amount that is more likely than not to be realized. In assessing the likelihood of realization, management considers estimates of future taxable income. We calculate our current and deferred tax position based on estimates and assumptions that could differ from the actual results reflected in income tax returns filed in subsequent years. Adjustments based on filed returns are recorded when identified. We are subject to tax audits in numerous jurisdictions in the U.S. and around the world. Tax audits by their very nature are often complex and can require several years to complete. In the normal course of business, we are subject to challenges from the Internal Revenue Service (IRS) and other tax authorities regarding amounts of taxes due. These challenges may alter the timing or amount of taxable income or deductions, or the allocation of income among tax jurisdictions. As part of our calculation of the provision for income taxes on earnings, we determine whether the benefits of our tax positions are at least more likely than not of being sustained upon audit based on the technical merits of the tax position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Such accruals require management to make estimates and judgments with respect to the ultimate outcome of a tax audit. Actual results could vary materially from these estimates. We adjust these reserves, including any impact on the related interest and penalties, in light of changing facts and circumstances, such as the progress of a tax audit. Interest and penalties related to income tax exposures are recognized as incurred and included in “Provision for income taxes” in our Consolidated Statements of Earnings. Accruals for income tax exposures, including penalties and interest, expected to be settled within the next year are included in “Accrued expenses and other current liabilities” with the remainder included in “Other non-current liabilities” in our Consolidated Balance Sheets. The federal benefit from state income tax exposures is included in “Deferred income taxes” in our Consolidated Balance Sheets. Severance and Contract Termination Costs We recognize liabilities for severance and contract termination costs based upon the nature of the cost to be incurred. For involuntary separation plans that are completed within the guidelines of our written involuntary separation plan, we recognize the liability when it is probable and reasonably estimable. For one-time termination benefits, such as additional severance pay or benefit payouts, and other exit costs, such as contract termination costs, the liability is measured and recognized initially at fair value in the period in which the liability is incurred, with subsequent changes to the liability recognized as adjustments in the period of change. Severance related to position eliminations that are part of a restructuring plan is included in "Restructuring and other charges (recoveries), net” in the Consolidated Statements of Earnings. Severance costs that are not part of a restructuring plan are recognized as a direct cost of revenue or within “Selling, general and administrative expenses,” in the Consolidated Statements of Earnings depending upon the nature of the eliminated position. Environmental Expenditures We recognize liabilities for environmental assessments and/or cleanup when it is probable a loss has been incurred and the costs can be reasonably estimated. Environmental liability estimates may include costs such as anticipated site testing, consulting, remediation, disposal, post-remediation monitoring and legal fees, as appropriate. The liability does not reflect possible recoveries from insurance companies or reimbursement of remediation costs by state agencies, but does include estimates of cost sharing with other potentially responsible parties. Estimates are not discounted, as the timing of the anticipated cash payments is not fixed or readily determinable. Subsequent adjustments to initial estimates are recognized as necessary based upon additional information developed in subsequent periods. In future periods, new laws or regulations, advances in remediation technology and additional information about the ultimate remediation methodology to be used could significantly change our estimates. Claims for reimbursement of remediation costs are recognized when recovery is deemed probable. Derivative Instruments and Hedging Activities We use financial instruments, including forward exchange contracts, futures, swaps and cap agreements to manage our exposures to movements in interest rates and foreign currency exchange rates. The use of these financial instruments modifies the exposure of these risks with the intent to reduce the risk or cost to us. We do not enter into derivative financial instruments for trading purposes. We limit our risk that counterparties to the derivative contracts will default and not make payments by entering into derivative contracts only with counterparties comprised of large banks and financial institutions that meet established credit criteria. We do not expect to incur any losses as a result of counterparty default. On the date a derivative contract is executed, we formally document, among other items, the intended hedging designation and relationship, along with the risk management objectives and strategies for entering into the derivative contract. We also formally assess, both at inception and on an ongoing basis, whether the derivatives we used in hedging transactions are highly effective in offsetting changes in fair values or cash flows of hedged items. Cash flows from derivatives that are accounted for as hedges are classified in the Consolidated Statements of Cash Flows in the same category as the items being hedged. When it is determined that a derivative is not highly effective as a hedge or that it has ceased to be a highly effective hedge, we discontinue hedge accounting prospectively. The hedging designation may be classified as one of the following: No Hedging Designation. The unrealized gain or loss on a derivative instrument not designated as an accounting hedging instrument is recognized immediately in earnings. Fair Value Hedge. A hedge of a recognized asset or liability or an unrecognized firm commitment is considered a fair value hedge. For fair value hedges, both the effective and ineffective portions of the changes in the fair value of the derivative, along with the gain or loss on the hedged item that is attributable to the hedged risk, are both recognized in earnings. Cash Flow Hedge. A hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability is considered a cash flow hedge. The effective portion of the change in the fair value of a derivative that is declared as a cash flow hedge is recognized net of tax in “Accumulated other comprehensive loss” until earnings are affected by the variability in cash flows of the designated hedged item. Net Investment Hedge . A hedge of a net investment in a foreign operation is considered a net investment hedge. The effective portion of the change in the fair value of the derivative used as a net investment hedge of a foreign operation is recognized in the currency translation adjustment account within “Accumulated other comprehensive loss.” The ineffective portion, if any, on the hedged item that is attributable to the hedged risk is recognized in earnings and reported in “Miscellaneous income, net” in the Consolidated Statements of Earnings. Foreign Currency Translation Our foreign operations generally use local currency as their functional currency. Assets and liabilities of these operations are translated at the exchange rates in effect on the balance sheet date. Items in the Consolidated Statements of Earnings are translated at the average exchange rates for the year. The impact of currency fluctuations is presented in “Changes in cumulative translation adjustment and other” in the Consolidated Statements of Comprehensive Income (Loss). Upon sale or upon complete or substantially complete liquidation of an investment in a foreign operation, the currency

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Deferred Tax Balance Sheet Classification On November 20, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-17, Income Taxes: Balance Sheet Classification of Deferred Taxes, which requires an entity to present all deferred tax assets and liabilities as non-current in a classified balance sheet. The update becomes effective January 1, 2017. We early adopted ASU 2015-17 for the periods presented. Adoption of this update resulted in a reclassification of $22 million and $33 million in current deferred tax assets to non-current in our Consolidated Balance Sheets as of December 31, 2015 and 2014 , respectively. Accounting for Measurement Period Adjustments On September 25, 2015, the FASB issued ASU No. 2015-16, Business Combinations: Simplifying the Accounting for Measurement-Period Adjustments , which requires an acquirer to recognize adjustments identified during the measurement period in the reporting period in which the adjustment amounts are determined. The adjustment must include the cumulative effect of the adjustment as if the accounting had been completed on the acquisition date. The update should be applied prospectively and becomes effective January 1, 2016. Early application is permitted. The adoption of ASU 2015-16 will not have an impact on our consolidated financial position, results of operations or cash flows. Inventory Valuation On July 22, 2015, the FASB issued 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 price 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. The adoption of ASU 2015-11 will not have an impact on our consolidated financial position, results of operations or cash flows. 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 reduction from the carrying amount of the related debt liability on the balance sheet. On August 30, 2015, the FASB issued ASU 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, which clarifies the treatment of debt issuance costs from line-of-credit arrangements after adoption of ASU 2015-03. The SEC Staff announced they would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. 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 December 31, 2015 , we expect to reclassify $15 million of unamortized debt issuance costs from "Direct financing leases and other assets" to "Long-term debt." 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 August 12, 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, which defers the effective date by one year to 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. In connection with the FASB’s project on leases, the proposal stage literature would require the lease component of our full service lease product line to be accounted for under the proposed lease accounting guidance, when issued, and the maintenance and other elements of this product line will be accounted for under the new revenue guidance. The final ASU on leases is expected to be issued in the first quarter of 2016 and will be effective for fiscal years beginning after December 15, 2018. Because of the interrelationship of these issued and proposed standards on our full service lease product line and since the final ASU on leases has not been issued, we have not yet selected a transition method. We are in the process of determining the effect on our consolidated financial position, results of operations and cash flows.

Revisions of Prior Period Finan

Revisions of Prior Period Financial Statements	12 Months Ended
	Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract]
REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS	REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS We periodically enter into sale and leaseback transactions to lower the total cost of funding our operations and to diversify funding among different classes of investors and among different types of funding instruments. These transactions historically resulted in a reduction of revenue earning equipment and debt on the balance sheet, as proceeds from the sale of revenue earning equipment were used to repay debt. During the second quarter of 2015, we reviewed and evaluated the structure of these transactions and determined they should be accounted for as issuances of financial interests that do not qualify for deconsolidation. We evaluated the materiality of this revision, quantitatively and qualitatively, and concluded it was not material to any of our previously issued consolidated financial statements. However, we elected to revise previously issued financial statements to avoid inconsistencies in our financial statements. Accordingly, we revised previously reported results for the years ended December 31, 2014, 2013 and 2012 as well as previously reported results for the three and nine months ended September 30, 2014, the three and six months ended June 30, 2014, and the three months ended March 31, 2015 and 2014 in our Form 10-Q for the quarter ended June 30, 2015. The effects of this revision for periods presented in this Annual Report on Form 10-K are presented in the tables below. 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 except per share amounts): Year ended December 31, 2014 Year ended December 31, 2013 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental (1) $ 2,039.3 (2.4 ) 2,036.9 $ 1,928.9 (3.4 ) 1,925.5 Interest expense 142.1 2.6 144.7 137.2 3.3 140.5 Earnings from continuing operations before income taxes 338.5 (0.2 ) 338.3 368.9 0.1 369.0 Provision for income taxes 118.1 (0.1 ) 118.0 125.7 — 125.7 Earnings from continuing operations 220.5 (0.3 ) 220.2 243.2 0.1 243.3 Net earnings 218.6 (0.3 ) 218.3 237.8 0.1 237.9 (1) Includes revised rent expense disclosed in Note 15 , " Leases ." 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 ) 36.3 Year ended December 31, 2013 387.2 0.1 387.2 The effects of this revision on our Consolidated Balance Sheet as of December 31, 2014 were as follows (in millions): As Previously Reported Adjustment As Revised Revenue earning equipment, net $ 6,994.4 207.5 7,201.9 Total assets (1) 9,676.0 174.9 9,850.9 Short-term debt and current portion of long-term debt 12.2 24.1 36.3 Accrued expenses and other current liabilities 520.5 (6.8 ) 513.7 Total current liabilities 1,093.6 17.2 1,110.8 Long-term debt 4,500.3 194.0 4,694.3 Other non-current liabilities 786.7 (3.4 ) 783.3 Deferred income taxes (1) 1,476.0 (32.7 ) 1,443.3 Total liabilities (1) 7,856.5 175.3 8,031.8 Retained earnings 1,450.9 (0.4 ) 1,450.5 Total shareholders’ equity 1,819.5 (0.4 ) 1,819.1 Total liabilities and shareholders’ equity (1) 9,676.0 174.9 9,850.9 _______________ (1) Adjustment includes reclassification of current deferred tax assets to non-current as discussed in Note 2 , " Recent Accounting Pronouncements ." 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 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 Depreciation expense 1,040.3 17.6 1,057.8 957.1 26.5 983.6 Accrued expenses and other non-current liabilities (48.7 ) (4.4 ) (53.1 ) (66.6 ) 2.2 (64.4 ) 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 Debt proceeds 839.7 125.8 965.5 557.0 — 557.0 Debt repaid, including capital lease obligations (280.7 ) (12.8 ) (293.5 ) (332.6 ) (46.6 ) (379.2 ) Net cash provided by financing activities from continuing operations 198.7 113.0 311.7 393.6 (46.5 ) 347.1 Purchases of property and revenue earning equipment (2,259.2 ) — (2,259.2 ) (2,140.5 ) 17.9 (2,122.6 ) Sale and leaseback of revenue earning equipment 125.8 (125.8 ) — — — — 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 )

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS On August 1, 2014 , we acquired all of the common stock of Bullwell Trailer Solutions, Ltd, a U.K.-based trailer repair and maintenance company for a purchase price of approximately $ 15 million , net of cash acquired. The acquisition complements our FMS business segment coverage in the U.K. The purchase accounting for this acquisition resulted in goodwill and customer relationship intangible assets of $12 million and $2 million , respectively, with the remaining amount allocated to tangible assets, less liabilities assumed. Transaction costs related to the acquisition were not material. Approximately $ 12 million of the stock purchase price has been paid as of December 31, 2015 . The purchase price included $ 6 million in contingent consideration to be paid to the seller provided certain milestones were met. During 2015 , we paid $4 million as a result of certain milestones being met. As of December 31, 2015 , the fair value of the remaining contingent consideration has been reflected in "Accrued expenses and other current liabilities" in our Consolidated Balance Sheets.

Restructuring and Other Charges

Restructuring and Other Charges (Recoveries)	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
RESTRUCTURING AND OTHER CHARGES (RECOVERIES)	RESTRUCTURING AND OTHER CHARGES (RECOVERIES) In the fourth quarters of 2015 and 2014, we approved plans to reduce our workforce in multiple locations as a result of cost containment actions, resulting in charges of $9 million and $2 million in 2015 and 2014, respectively. In addition, in the fourth quarter of 2015, we committed to a plan to divest our Ryder Canadian Retail Shippers Association Logistics (CRSAL) operations and shutdown our Ryder Container Terminals (RCT) business in Canada. In January 2016, we entered into an agreement to sell CRSAL to a third party for approximately $2 million . The transaction is subject to customary closing conditions and is expected to close during the first quarter of 2016. In connection with the decisions to sell CRSAL and shut-down RCT, we recognized charges in the fourth quarter of 2015 for employee termination costs of $3 million and asset impairment of $2 million to adjust assets held for sale, including goodwill and intangible assets, to fair value less costs to sell. The following table summarizes the activities within, and components of, restructuring liabilities for 2015 , 2014 and 2013 (in thousands): Employee Termination Costs Other Charges Total Balance as of December 31, 2012 $ 3,147 1,728 4,875 Workforce reduction charges 84 — 84 Utilization (1) (2,891 ) (1,409 ) (4,300 ) Balance as of December 31, 2013 340 319 659 Workforce reduction charges 2,387 — 2,387 Utilization (1) (241 ) (319 ) (560 ) Balance as of December 31, 2014 2,486 — 2,486 Workforce reduction charges 8,830 — 8,830 CRSAL divestiture and RCT shut-down 3,225 — 3,225 Utilization (1) (2,208 ) — (2,208 ) Balance as of December 31, 2015 (2) $ 12,333 — 12,333 _________________ Note: The restructuring liabilities shown above are included in "Accrued expenses and other current liabilities" in the Consolidated Balance Sheets. (1) Principally represents cash payments. (2) The majority of the balance remaining for employee termination costs is expected to be paid by the end of 2016. As discussed in Note 29 , “ Segment Reporting ,” our primary measure of segment financial performance excludes, among other items, restructuring and other charges (recoveries), net. However, the applicable portion of the restructuring and other charges (recoveries), net that related to each segment in 2015 , 2014 and 2013 were as follows: Years ended December 31, 2015 2014 2013 (In thousands) Fleet Management Solutions $ 4,817 515 (470 ) Dedicated Transportation Solutions 250 154 — Supply Chain Solutions 7,033 797 — Central Support Services 2,125 921 — Total $ 14,225 2,387 (470 )

Receivables

Receivables	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
RECEIVABLES	RECEIVABLES December 31, 2015 2014 (In thousands) Trade $ 708,832 693,114 Direct financing leases 90,055 85,946 Other, primarily warranty and insurance 52,162 32,192 851,049 811,252 Allowance (15,560 ) (16,388 ) Total $ 835,489 794,864

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	PREPAID EXPENSES AND OTHER CURRENT ASSETS December 31, 2015 2014 (In thousands) Restricted cash $ 5,352 13,499 Prepaid vehicle licenses 47,806 47,561 Prepaid operating taxes 18,510 15,208 Prepaid sales commission 11,446 12,255 Other 55,029 44,158 Total $ 138,143 132,681

Revenue Earning Equipment

Revenue Earning Equipment	12 Months Ended
	Dec. 31, 2015
Revenue Earning Equipment [Abstract]
REVENUE EARNING EQUIPMENT	REVENUE EARNING EQUIPMENT Estimated Useful Lives December 31, 2015 December 31, 2014 Cost Accumulated Depreciation Net Book Value (1) Cost Accumulated Depreciation Net Book Value (1) (In years) (In thousands) Held for use: Full service lease 3 — 12 $ 8,839,941 (2,723,605 ) 6,116,336 8,008,123 (2,598,140 ) 5,409,983 Commercial rental 4.5 — 12 2,811,715 (907,412 ) 1,904,303 2,570,081 (864,543 ) 1,705,538 Held for sale 496,634 (332,538 ) 164,096 312,698 (226,333 ) 86,365 Total $ 12,148,290 (3,963,555 ) 8,184,735 10,890,902 (3,689,016 ) 7,201,886 _______________ (1) Revenue earning equipment, net includes vehicles under capital leases of $47 million , less accumulated depreciation of $22 million , at December 31, 2015 and $48 million , less accumulated depreciation of $22 million , at December 31, 2014 . Depreciation expense was $1.06 billion , $979 million and $910 million in 2015 , 2014 and 2013 , respectively. Revenue earning equipment held for sale is stated at the lower of carrying amount or fair value less costs to sell. Losses on vehicles held for sale for which carrying values exceeded fair value are recognized at the time they arrive at our used truck centers and are presented within "Other operating expenses" in the Consolidated 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. During 2015 , 2014 , and 2013 , we recognized losses to reflect changes in fair value of $18 million , $11 million and $16 million , respectively. The following table presents our assets that are measured at fair value on a nonrecurring basis and considered a Level 3 fair value measurement: Total Losses (2) December 31, Year ended December 31, 2015 2014 2015 2014 Assets held for sale: Revenue earning equipment: (1) Trucks $ 11,469 6,135 $ 7,660 6,274 Tractors 19,479 4,054 7,620 3,450 Trailers 2,475 789 2,676 1,040 Total assets at fair value $ 33,423 10,978 $ 17,956 10,764 ______________ (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 less costs to sell was less than carrying value.

Operating Property and Equipmen

Operating Property and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
OPERATING PROPERTY AND EQUIPMENT	OPERATING PROPERTY AND EQUIPMENT Estimated Useful Lives December 31, 2015 2014 (In years) (In thousands) Land — $ 203,543 201,089 Buildings and improvements 10 — 40 776,304 766,360 Machinery and equipment 3 — 10 709,173 663,616 Other 3 — 10 109,554 103,557 1,798,574 1,734,622 Accumulated depreciation (1,083,604 ) (1,035,028 ) Total $ 714,970 699,594 Depreciation expense was $84 million , $79 million and $73 million in 2015 , 2014 and 2013 , respectively.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 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 Management Solutions Dedicated Transportation Solutions Supply Chain Solutions Total (In thousands) Balance at January 1, 2014 Goodwill $ 223,204 40,808 148,928 412,940 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) 212,882 40,808 130,029 383,719 Acquisitions 11,839 — — 11,839 Foreign currency translation adjustment (1,826 ) — (703 ) (2,529 ) Balance at December 31, 2014 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 Reclassification to assets held for sale — — (852 ) (852 ) Foreign currency translation adjustment (1,859 ) — (1,183 ) (3,042 ) Balance at December 31, 2015 Goodwill 231,358 40,808 146,190 418,356 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) $ 221,036 40,808 127,291 389,135 During the first quarter of 2015, our management structure changed. As a result, we reallocated the goodwill balance of our former SCS segment between our current DTS and SCS segments using a relative fair value allocation methodology. We have recast the information above for the prior periods to reflect the reallocation between the segments. 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. In connection with the plan to divest CRSAL, as discussed in Note 5 , " Restructuring and Other Charges (Recoveries) ", we reclassified approximately $1 million of goodwill to assets held for sale using a relative fair value methodology.

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS December 31, 2015 2014 (In thousands) Indefinite lived intangible assets — Trade name $ 8,731 9,084 Finite lived intangible assets: Customer relationship intangibles 91,523 97,922 Other intangibles, primarily trade name 2,367 2,367 Accumulated amortization (45,736 ) (42,374 ) 48,154 57,915 Foreign currency translation adjustment (1,693 ) (380 ) Total $ 55,192 66,619 In connection with the plan to divest CRSAL, as discussed in Note 5 , " Restructuring and Other Charges (Recoveries) ", we reclassified $7 million of customer relationship and trade name intangible assets and $3 million of accumulated amortization to assets held for sale. The Ryder trade name has been identified as having an indefinite useful life. Customer relationship intangibles are being amortized on a straight-line basis over their estimated useful lives, generally 7 - 19 years. We recognized amortization expense associated with finite lived intangible assets of approximately $7 million in each of 2015 and 2014 and $8 million in 2013 . The future amortization expense for each of the five succeeding years related to all intangible assets that are currently reported in the Consolidated Balance Sheets is estimated to range from $4 - $6 million per year for 2016 - 2020 .

Direct Financing Leases and Oth

Direct Financing Leases and Other Assets	12 Months Ended
	Dec. 31, 2015
Direct Financing Leases And Other Assets [Abstract]
DIRECT FINANCING LEASES AND OTHER ASSETS	DIRECT FINANCING LEASES AND OTHER ASSETS December 31, 2015 2014 (In thousands) Direct financing leases, net $ 347,703 331,065 Investments held in Rabbi Trusts 41,720 38,681 Contract incentives 23,691 21,475 Insurance receivables 28,999 13,957 Debt issuance costs 18,594 16,503 Prepaid pension asset 44,124 2,698 Interest rate swap agreements 5,421 4,565 Other 15,223 17,155 Total $ 525,475 446,099 Investments held in Rabbi Trusts are assets measured at fair value on a recurring basis, all of which are considered Level 1 of the fair value hierarchy. The following table presents the asset classes at December 31, 2015 and 2014: December 31, 2015 2014 (In thousands) Cash and cash equivalents $ 5,214 4,418 U.S. equity mutual funds 24,824 23,589 Foreign equity mutual funds 4,713 4,724 Fixed income mutual funds 6,969 5,950 Total Investments held in Rabbi Trusts $ 41,720 38,681

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	12 Months Ended
	Dec. 31, 2015
Accrued Liabilities and Other Liabilities [Abstract]
ACCRUED EXPENSES AND OTHER LIABILITIES	ACCRUED EXPENSES AND OTHER LIABILITIES December 31, 2015 December 31, 2014 Accrued Expenses Non-Current Liabilities Total Accrued Expenses Non-Current Liabilities Total (In thousands) Salaries and wages $ 99,032 — 99,032 114,446 — 114,446 Deferred compensation 2,252 41,691 43,943 3,209 37,093 40,302 Pension benefits 3,790 484,892 488,682 3,739 444,657 448,396 Other postretirement benefits 1,624 20,002 21,626 2,112 26,889 29,001 Other employee benefits 8,956 9,706 18,662 7,172 19,276 26,448 Insurance obligations (1) 157,014 213,256 370,270 132,246 189,431 321,677 Environmental liabilities 3,791 6,554 10,345 3,877 8,002 11,879 Operating taxes 101,649 — 101,649 92,330 — 92,330 Income taxes 3,378 22,366 25,744 5,066 22,843 27,909 Interest 31,218 — 31,218 33,509 — 33,509 Deposits, mainly from customers 61,869 5,085 66,954 59,388 5,929 65,317 Deferred revenue 13,038 — 13,038 11,759 — 11,759 Acquisition holdbacks 2,081 — 2,081 3,817 2,187 6,004 Other 53,660 26,043 79,703 41,009 27,035 68,044 Total $ 543,352 829,595 1,372,947 513,679 783,342 1,297,021 _________________ (1) Insurance obligations are primarily comprised of self-insured claim liabilities. We retain a portion of the accident risk under vehicle liability and workers’ compensation insurance programs. Self-insurance accruals are primarily based on actuarially estimated, undiscounted cost of claims, and include claims incurred but not reported. Such liabilities are based on estimates. Historical loss development factors are utilized to project the future development of incurred losses, and these amounts are adjusted based upon actual claim experience and settlements. While we believe the amounts are adequate, there can be no assurance that changes to our estimates may not occur due to limitations inherent in the estimation process. During 2015 , we recognized a charge within earnings from continuing operations of $4 million from development of estimated prior years’ self-insured loss reserves for the reasons noted above as well as a settlement of a customer-extended insurance claim. In 2014 and 2013 , we recognized benefits within earnings from continuing operations of $14 million and $5 million , respectively, from development of estimated prior years’ self-insured loss reserves for the reasons noted above.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The components of earnings from continuing operations before income taxes and the provision for income taxes from continuing operations were as follows: Years ended December 31, 2015 2014 2013 (In thousands) Earnings from continuing operations before income taxes: United States $ 408,757 275,630 302,809 Foreign 60,458 62,637 66,206 Total $ 469,215 338,267 369,015 Current tax expense (benefit) from continuing operations: Federal (1) $ (1,836 ) (230 ) 234 State (1) 5,748 6,396 4,194 Foreign 5,272 7,163 7,691 9,184 13,329 12,119 Deferred tax expense from continuing operations: Federal 135,585 90,056 98,076 State 20,111 12,429 15,399 Foreign (1,654 ) 2,228 146 154,042 104,713 113,621 Provision for income taxes from continuing operations $ 163,226 118,042 125,740 ______________ (1) Excludes federal and state tax benefits resulting from the exercise of stock options and vesting of restricted stock awards, which were credited directly to “Additional paid-in capital.” A reconciliation of the federal statutory tax rate with the effective tax rate from continuing operations follows: Years ended December 31, 2015 2014 2013 (Percentage of pre-tax earnings) Federal statutory tax rate 35.0 35.0 35.0 Impact on deferred taxes for changes in tax rates (0.9 ) (0.9 ) 0.1 State income taxes, net of federal income tax benefit 5.0 5.2 4.0 Foreign rates varying from federal statutory tax rate (3.3 ) (3.7 ) (4.1 ) Tax reviews and audits (1.3 ) (1.1 ) (0.8 ) Other, net 0.3 0.4 (0.1 ) Effective tax rate 34.8 34.9 34.1 Tax Law Changes The effects of changes in tax laws on deferred tax balances are recognized in the period the new legislation is enacted. The following provides a summary of the increases (decreases) to net earnings from continuing operations from changes in tax laws by tax jurisdiction: Tax Jurisdiction Enactment Date Net Earnings (in thousands) 2015 Connecticut June 30, 2015 $1,616 Other Jurisdictions April 13, 2015 - November 18, 2015 $497 2014 New York March 31, 2014 $1,776 Rhode Island June 19, 2014 $626 2013 Puerto Rico June 30, 2013 $(503) United Kingdom July 17, 2013 $485 Deferred Income Taxes The components of the net deferred income tax liability were as follows: December 31, 2015 2014 (In thousands) Deferred income tax assets: Self-insurance accruals $ 93,352 81,908 Net operating loss carryforwards 429,458 377,740 Alternative minimum taxes 10,727 10,727 Accrued compensation and benefits 76,363 68,626 Federal benefit on state tax positions 18,912 18,847 Pension benefits 148,671 157,082 Miscellaneous other accruals 32,763 33,090 810,246 748,020 Valuation allowance (14,991 ) (24,742 ) 795,255 723,278 Deferred income tax liabilities: Property and equipment bases difference (2,362,194 ) (2,149,574 ) Other (20,583 ) (16,996 ) (2,382,777 ) (2,166,570 ) Net deferred income tax liability $ (1,587,522 ) (1,443,292 ) U.S. deferred income taxes have not been provided on certain undistributed earnings of foreign subsidiaries, which were $712 million at December 31, 2015 . The determination of the amount of the related unrecognized deferred tax liability is not practicable because of the complexities associated with the hypothetical calculations. We have historically reinvested such earnings overseas in foreign operations indefinitely and expect future earnings will also be reinvested overseas indefinitely. At December 31, 2015 , we had U.S. federal tax effected net operating loss carryforwards of $386 million and various U.S. subsidiaries had state tax effected net operating loss carryforwards of $29 million both expiring through tax year 2034. We also had foreign tax effected net operating losses of $14 million that are available to reduce future income tax payments in several countries, subject to varying expiration rules. A valuation allowance has been established to reduce deferred income tax assets, principally foreign tax loss carryforwards, to amounts more likely than not to be realized. We had unused alternative minimum tax credits of $11 million at December 31, 2015 , which are available to reduce future income tax liabilities. The alternative minimum tax credits may be carried forward indefinitely. Uncertain Tax Positions The following is a summary of tax years that are no longer subject to examination: Federal — audits of our U.S. federal income tax returns are closed through fiscal year 2008. State — for the majority of states, tax returns are closed through fiscal year 2008. Foreign — we are no longer subject to foreign tax examinations by tax authorities for tax years before 2008 in Canada, 2010 in Brazil, 2010 in Mexico and 2013 in the U.K., which are our major foreign tax jurisdictions. The following table summarizes the activity related to unrecognized tax benefits (excluding the federal benefit received from state positions): December 31, 2015 2014 2013 (In thousands) Balance at January 1 $ 60,482 56,813 52,271 Additions based on tax positions related to the current year 4,220 6,896 7,606 Reductions due to lapse of applicable statutes of limitation (3,962 ) (3,227 ) (3,064 ) Gross balance at December 31 60,740 60,482 56,813 Interest and penalties 4,912 5,125 5,756 Balance at December 31 $ 65,652 65,607 62,569 Of the total unrecognized tax benefits, $47 million (net of the federal benefit on state issues) represents the amount of unrecognized tax benefits that, if recognized, would favorably affect the effective tax rate in future periods. The total includes $4 million of interest and penalties, at each December 31, 2015 and 2014 , respectively, net of the federal benefit on state issues. For 2015 , 2014 and 2013 , we recognized an income tax benefit related to interest and penalties of $1 million in each period, within “Provision for income taxes” in our Consolidated Statements of Earnings. Unrecognized tax benefits related to federal, state and foreign tax positions may decrease by $3 million by December 31, 2016 , if audits are completed or tax years close during 2016 . Like-Kind Exchange Program We have a like-kind exchange program for certain of our U.S.-based revenue earning equipment. Pursuant to the program, we dispose of vehicles and acquire replacement vehicles in a form whereby tax gains on disposal of eligible vehicles are deferred. To qualify for like-kind exchange treatment, we exchange through a qualified intermediary eligible vehicles being disposed of with vehicles being acquired, allowing us to generally carryover the tax basis of the vehicles sold (“like-kind exchanges”). The program results in a material deferral of federal and state income taxes, and a decrease in cash taxes in periods when we are not in a net operating loss (NOL) position. As part of the program, the proceeds from the sale of eligible vehicles are restricted for the acquisition of replacement vehicles and other specified applications. Due to the structure utilized to facilitate the like-kind exchanges, the qualified intermediary that holds the proceeds from the sales of eligible vehicles and the entity that holds the vehicles to be acquired under the program are required to be consolidated in the accompanying Consolidated Financial Statements in accordance with U.S. GAAP. The total assets, primarily revenue earning equipment, and the total liabilities, primarily vehicle accounts payable, held by these consolidated entities are equal in value as these entities are solely structured to facilitate the like-kind exchanges. At December 31, 2015 and 2014 , these consolidated entities had total assets, primarily revenue earning equipment, and total liabilities, primarily accounts payable, of $237 million and $205 million , respectively.

Leases

Leases	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
LEASES	LEASES Leases as Lessor We lease revenue earning equipment to customers for periods ranging from three to seven years for trucks and tractors and up to ten years for trailers. From time to time, we may also lease facilities to third parties. 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. The net investment in direct financing and sales-type leases consisted of: December 31, 2015 2014 (In thousands) Total minimum lease payments receivable $ 684,600 659,551 Less: Executory costs (205,865 ) (210,241 ) Minimum lease payments receivable 478,735 449,310 Less: Allowance for uncollectibles (243 ) (288 ) Net minimum lease payments receivable 478,492 449,022 Unguaranteed residuals 52,885 55,992 Less: Unearned income (93,619 ) (88,003 ) Net investment in direct financing and sales-type leases 437,758 417,011 Current portion (90,055 ) (85,946 ) Non-current portion $ 347,703 331,065 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. Credit risk is assessed using an internally developed model, which incorporates credit scores from third party providers and our own custom risk ratings and is updated on a monthly basis. The external credit scores are developed based on the customer’s historical payment patterns and an overall assessment of the likelihood of delinquent payments. Our internal ratings are weighted based on the industry that the customer operates, company size, years in business and other credit-related indicators (i.e., profitability, cash flow, liquidity, tangible net worth, etc.). Any one of the following factors may result in a customer being classified as high risk: i) history of late payments; ii) open lawsuits, liens or judgments; iii) in business less than three years ; and iv) operates in an industry with low barriers to entry. 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 vehicle’s fair value, which further mitigates our credit risk. The following table presents the credit risk profile by creditworthiness category of our direct financing lease receivables at December 31, 2015 : December 31, 2015 2014 (In thousands) Very low risk to low risk $ 203,388 198,496 Moderate 197,484 158,790 Moderately high to high risk 77,863 92,024 $ 478,735 449,310 As of December 31, 2015 and 2014 , the amount of direct financing lease receivables which were past due was not significant and there were no impaired receivables. Accordingly, there was no material risk of default with respect to these receivables. Leases as Lessee We lease facilities and office equipment. None of our leasing arrangements contain restrictive financial covenants. During 2015 , 2014 and 2013 , rent expense (including rent of facilities and contingent rentals) was $132 million , $128 million and $123 million , respectively. Lease Payments Future minimum payments for leases in effect at December 31, 2015 were as follows: As Lessor (1) As Lessee Operating Leases Direct Financing Leases Operating Leases (In thousands) 2016 $ 1,049,766 111,116 74,103 2017 857,397 93,215 39,265 2018 678,150 76,073 21,675 2019 481,790 60,062 14,066 2020 298,659 50,402 6,896 Thereafter 241,589 87,867 17,420 Total $ 3,607,351 478,735 173,425 ____________________ (1) Amounts do not include contingent rentals, which may be received under certain leases on the basis of miles or changes in the Consumer Price Index. Contingent rentals from operating leases included in revenue were $ 329 million in 2015 and $ 318 million in both 2014 and 2013 . Contingent rentals from direct financing leases included in revenue were $12 million in 2015 and $11 million in each of 2014 and 2013 . The amounts in the previous table related to the lease of revenue earning equipment are based upon the general assumption that revenue earning equipment will remain on lease for the length of time specified by the respective lease agreements. The future minimum payments presented above related to the lease of revenue earning equipment are not a projection of future lease revenue or expense and no effect has been given to renewals, new business, cancellations, contingent rentals or future rate changes.

Debt

Debt	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
DEBT	DEBT Weighted-Average Interest Rate December 31, December 31, 2015 2014 Maturities 2015 2014 (In thousands) Short-term debt and current portion of long-term debt: Short-term debt 2.26 % 1.30 % $ 35,947 3,773 Current portion of long-term debt, including capital leases 598,583 32,511 Total short-term debt and current portion of long-term debt 634,530 36,284 Total long-term debt: U.S. commercial paper (1) 0.55 % 0.35 % 2020 547,130 276,694 Global revolving credit facility 2.31 % 1.60 % 2020 25,291 11,190 Unsecured U.S. notes – Medium-term notes (1) 2.84 % 3.29 % 2016-2025 4,112,519 3,772,159 Unsecured U.S. obligations, principally bank term loans 1.73 % 0.76 % 2018 50,000 110,500 Unsecured foreign obligations 1.92 % 2.01 % 2016-2020 275,661 295,776 Asset backed U.S. obligations (2) 1.81 % 1.81 % 2016-2022 434,001 218,137 Capital lease obligations 3.31 % 3.65 % 2016-2022 32,054 37,560 Total before fair market value adjustment 5,476,656 4,722,016 Fair market value adjustment on notes subject to hedging (3) 5,253 4,830 5,481,909 4,726,846 Current portion of long-term debt, including capital leases (598,583 ) (32,511 ) Long-term debt 4,883,326 4,694,335 Total debt $ 5,517,856 4,730,619 _________________ (1) We had unamortized original issue discounts of $8 million at December 31, 2015 and 2014 . (2) Asset-backed U.S. obligations are related to financing transactions involving revenue earning equipment. See Note 3 , " Revision of Prior Period Financial Statements " for further information related to our evaluation of accounting for these transactions. (3) The notional amount of the executed interest rate swaps designated as fair value hedges was $825 million and $ 600 million at December 31, 2015 and 2014 , respectively. Refer to Note 17 , " Derivatives ", for additional information. Maturities of total debt are as follows: Capital Leases Debt (In thousands) 2016 $ 8,469 928,722 2017 9,550 750,009 2018 7,135 783,177 2019 6,132 1,060,365 2020 639 1,645,441 Thereafter 2,241 312,835 Total 34,166 5,480,549 Imputed interest (2,112 ) Present value of minimum capitalized lease payments 32,054 Current portion (7,720 ) Long-term capitalized lease obligation $ 24,334 Debt Facilities 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 December 31, 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 December 31, 2015 was 215% . At December 31, 2015 , there was $591 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 December 31, 2015 , we classified $547 million of short-term commercial paper and $300 million of the current portion of long-term debt as long-term debt. At December 31, 2014 , we classified $277 million of short-term commercial paper, $60 million of trade receivables borrowings and $699 million of the current portion of long-term debt as long-term debt. In September and April 2015, we received $93 million and $156 million , respectively, from financing transactions backed by a portion of our revenue earning equipment. The proceeds from these transactions were used to fund capital expenditures. We have provided end of term guarantees for the residual value of the revenue earning equipment in these transactions. The transaction proceeds, along with the end of term residual value guarantees, have been included within "asset-backed U.S. obligations" in the preceding table. In August 2015, we issued $300 million of unsecured medium-term notes maturing in September 2020. In May 2015, we issued $300 million of unsecured medium-term notes maturing in May 2020. In February 2015, we issued $400 million of unsecured medium-term notes maturing in March 2020. The proceeds from these notes were used to payoff maturing debt and for general corporate purposes. If these 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 . 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 . In October 2015 , we renewed the trade receivables purchase and sale program. If no event occurs which causes early termination, the 364-day program will expire on October 21, 2016 . The program contained 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 December 31, 2015 . There was $60 million outstanding under the program at December 31, 2014 . Sales of receivables under this program are accounted for as secured borrowings based on our continuing involvement in the transferred assets. The total fair value of debt (excluding capital lease and asset backed U.S. obligations) was $5.08 billion at December 31, 2015 and $4.59 billion at December 31, 2014 . For publicly-traded debt, estimates of fair value are 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 is estimated based on 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.

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES From time to time, we enter into interest rate swap and cap agreements to manage our fixed and variable interest rate exposure and to better match the repricing of debt instruments to that of our portfolio of assets. We assess the risk that changes in interest rates will have either on the fair value of debt obligations or on the amount of future interest payments by monitoring changes in interest rate exposures and by evaluating hedging opportunities. We regularly monitor interest rate risk attributable to both our outstanding or forecasted debt obligations as well as our offsetting hedge positions. This risk management process involves the use of analytical techniques, including cash flow sensitivity analysis, to estimate the expected impact of changes in interest rates on our future cash flows. As of December 31, 2015 , 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. As of December 31, 2015, we had interest rate swaps outstanding with a total notional value of $825 million and maturities through 2020 . Interest rate swaps are measured at fair value on a recurring basis using Level 2 fair value inputs. The fair value of these interest rate swaps was approximately $5 million as of December 31, 2015 , and was presented in "Direct financing leases and other assets" in our Consolidated Balance Sheets. Changes in the fair value of our interest rate swaps were offset by changes in the fair value of the debt instrument. Accordingly, there was no ineffectiveness related to the interest rate swaps.

Guarantees

Guarantees	12 Months Ended
	Dec. 31, 2015
Guarantees [Abstract]
GUARANTEES	GUARANTEES We have executed various agreements with third parties that contain standard indemnifications that may require us to indemnify a third party against losses arising from a variety of matters such as lease obligations, financing agreements, environmental matters, and agreements to sell business assets. In each of these instances, payment by Ryder is contingent on the other party bringing about a claim under the procedures outlined in the specific agreement. Normally, these procedures allow us to dispute the other party’s claim. Additionally, our obligations under these agreements may be limited in terms of the amount and/or timing of any claim. We have entered into individual indemnification agreements with each of our independent directors, through which we will indemnify such director acting in good faith against any and all losses, expenses and liabilities arising out of such director’s service as a director of Ryder. The maximum amount of potential future payments under these agreements is generally unlimited. We cannot predict the maximum potential amount of future payments under certain of these agreements, including the indemnification agreements, due to the contingent nature of the potential obligations and the distinctive provisions that are involved in each individual agreement. Historically, no such payments made by us have had a material adverse effect on our business. We believe that if a loss were incurred in any of these matters, the loss would not have a material adverse impact on our consolidated results of operations or financial position. At December 31, 2015 and 2014 , we had letters of credit and surety bonds outstanding, which primarily guarantee various insurance activities as noted in the following table: December 31, 2015 2014 (In thousands) Letters of credit $ 241,022 234,482 Surety bonds 104,632 99,831

Share Repurchase Programs

Share Repurchase Programs	12 Months Ended
	Dec. 31, 2015
Share Repurchase Programs [Abstract]
SHARE REPURCHASE PROGRAMS	SHARE REPURCHASE PROGRAMS In December 2015, our Board of Directors authorized a share repurchase program intended to mitigate the dilutive impact of shares issued under our employee stock plans. Under the December 2015 program, management is authorized to repurchase (i) up to 1.5 million shares of common stock, the sum of which will not exceed the number of shares issued to employees under the Company’s employee stock plans from December 1, 2015 to December 9, 2017 plus (ii) 0.5 million shares issued to employees that were not repurchased under the Company’s previous share repurchase program. The December 2015 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 may establish prearranged written plans for the Company under Rule 10b5-1 of the Securities Exchange Act of 1934 as part of the December 2015 program, which allow for share repurchases during Ryder’s quarterly blackout periods as set forth in the trading plan. As of December 31, 2015, we have not repurchased any shares under the 2015 program. During 2015 and 2014, we repurchased and retired 0.1 million and 1.3 million shares under the previous program for $ 6 million and $106 million , respectively. We did not repurchase any shares in 2013.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS Comprehensive income (loss) presents a measure of all changes in shareholders’ equity except for changes resulting from transactions with shareholders in their capacity as shareholders. 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) January 1, 2013 $ 57,860 (648,113 ) 2,634 (587,619 ) Amortization — 22,820 (1,340 ) 21,480 Other current period change (21,985 ) 147,410 2,466 127,891 December 31, 2013 35,875 (477,883 ) 3,760 (438,248 ) Amortization — 14,866 (2,676 ) 12,190 Pension lump sum settlement expense — 61,333 — 61,333 Other current period change (71,962 ) (184,257 ) 674 (255,545 ) December 31, 2014 (36,087 ) (585,941 ) 1,758 (620,270 ) Amortization — 19,505 (1,411 ) 18,094 Other current period change (99,933 ) (10,557 ) (69 ) (110,559 ) December 31, 2015 $ (136,020 ) (576,993 ) 278 (712,735 ) _______________________ (1) These amounts are included in the computation of net periodic pension cost and pension settlement charge. See Note 23 , " Employee Benefit Plans ," for further information. The losses from currency translation adjustments of $ 100 million and $ 72 million in 2015 and 2014 , respectively, were due primarily to the weakening of the Canadian Dollar and British Pound against the U.S. Dollar. The net loss from currency translation adjustments of $22 million in 2013 was due to the weakening of the Canadian Dollar compared to the U.S. Dollar, which was partially offset by the strengthening of the British Pound.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 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: Years ended December 31, 2015 2014 2013 (In thousands, except per share amounts) Earnings per share — Basic: Earnings from continuing operations $ 305,989 220,225 243,275 Less: Distributed and undistributed earnings allocated to nonvested stock (877 ) (858 ) (2,173 ) Earnings from continuing operations available to common shareholders — Basic $ 305,112 219,367 241,102 Weighted average common shares outstanding— Basic 52,814 52,536 51,617 Earnings from continuing operations per common share — Basic $ 5.78 4.18 4.67 Earnings per share — Diluted: Earnings from continuing operations $ 305,989 220,225 243,275 Less: Distributed and undistributed earnings allocated to unvested stock (872 ) (853 ) (2,159 ) Earnings from continuing operations available to common shareholders — Diluted $ 305,117 219,372 241,116 Weighted average common shares outstanding— Basic 52,814 52,536 51,617 Effect of dilutive equity awards 446 500 454 Weighted average common shares outstanding— Diluted 53,260 53,036 52,071 Earnings from continuing operations per common share — Diluted $ 5.73 4.14 4.63 Anti-dilutive equity awards and market-based restrictive stock rights not included above 392 161 785

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION PLANS	SHARE-BASED COMPENSATION PLANS The following table provides information on share-based compensation expense and related income tax benefits recognized in 2015 , 2014 and 2013 : Years ended December 31, 2015 2014 2013 (In thousands) Stock option and stock purchase plans $ 8,048 9,023 8,303 Unvested stock awards 13,133 11,882 11,007 Share-based compensation expense 21,181 20,905 19,310 Income tax benefit (7,271 ) (7,300 ) (6,224 ) Share-based compensation expense, net of tax $ 13,910 13,605 13,086 Total unrecognized pre-tax compensation expense related to share-based compensation arrangements at December 31, 2015 was $21 million and is expected to be recognized over a weighted-average period of approximately 1.6 years. The total fair value of equity awards vested during 2015 , 2014 and 2013 were $16 million , $18 million and $12 million , respectively. Share-Based Incentive Awards 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, unvested stock and cash awards. Unvested 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 unvested stock awards. Dividends on unvested stock 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 date of grant of the award until the date the shares underlying the award are delivered. There are 1.1 million shares authorized and available to be granted under the Plans as of December 31, 2015 . There are 1.2 million unused shares available to be granted under the Plans as of December 31, 2015 . Stock options are awards which allow employees to purchase shares of our stock at a fixed price. Stock option awards are granted at an exercise price equal to the market price of our stock at the time of grant. These awards, which generally vest one-third each year, are fully vested three years from the grant date. Stock options granted since 2013 have contractual terms of ten years. Restricted stock awards are unvested stock rights that are granted to employees and entitle the holder to shares of common stock as the award vests. Time-vested restricted stock rights typically vest in three years regardless of company performance. The fair value of the time-vested awards is determined and fixed based on Ryder’s stock price on the date of grant. Performance-based restricted stock awards (PBRSRs) include a performance-based vesting condition. The awards are segmented into three one -year performance periods. For these awards, up to 125% of the awards may be earned based on Ryder's one-year adjusted return on capital (ROC) measured against an annual ROC target. If earned, employees will receive the grant of stock three years after the grant date, provided they continue to be employed with Ryder, subject to Compensation Committee approval. For accounting purposes, the awards are not considered granted until the Compensation Committee approves the annual ROC target. During 2015 , 2014 and 2013 , 42,000 , 23,000 and 16,000 PBRSRs, respectively, were considered granted for accounting purposes. The fair value of the PBRSRs is determined and fixed on the grant date based on Ryder’s stock price on the date of grant. Share-based compensation expense is recognized on a straight-line basis over the vesting period, based upon the probability that the performance target will be met. Market-based restricted stock awards include a market-based vesting provision. The awards are segmented into three performance periods of one, two and three years. At the end of each performance period, up to 125% of the award may be earned based on Ryder's total shareholder return (TSR) compared to the target TSR of a peer group over the applicable performance period. The awards compared Ryder's TSR to the TSR of a custom peer group. If earned, employees will receive the grant of stock at the end of the relevant three year performance period provided they continue to be employed with Ryder, subject to Compensation Committee approval. The fair value of the market-based awards was determined on the date of grant using a Monte-Carlo valuation model. Share-based compensation expense is recognized on a straight-line basis over the vesting period and is recognized regardless of whether the awards vest. Certain employees also received cash awards as part of our long-term incentive compensation program. The cash awards have the same vesting provisions as the market-based restricted stock awards granted in the respective years. The cash awards are accounted for as liability awards as they are based upon our own stock performance and are settled in cash. As a result, the liability is adjusted to reflect fair value at the end of each reporting period. The fair value of the market-based cash awards was estimated using a lattice-based option pricing valuation model that incorporates a Monte-Carlo simulation. The liability related to the cash awards was $1 million and $4 million at December 31, 2015 and 2014 , respectively. The following table is a summary of compensation expense recognized related to cash awards in addition to share-based compensation expense reported in the previous table. Years ended December 31 2015 2014 2013 (In thousands) Cash awards $ 532 1,900 996 We grant restricted stock units (RSUs) to non-management members of the Board of Directors. Once granted, RSUs are eligible for non-forfeitable dividend equivalents but have no voting rights. The fair value of the awards is determined and fixed based on Ryder’s stock price on the date of grant. A board member receives the RSUs upon departure from the Board. The initial grant of RSUs will not vest unless the director has served a minimum of one year. When a board member receives RSUs, they are redeemed for an equivalent number of shares of our common stock. Share-based compensation expense is recognized for RSUs in the year the RSUs are granted. Option Awards The following is a summary of option activity under our stock option plans as of and for the year ended December 31, 2015 : Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term Aggregate Intrinsic Value (In thousands) (In years) (In thousands) Options outstanding at January 1 1,269 $ 58.03 Granted 363 93.55 Exercised (282 ) 54.26 Forfeited or expired (87 ) 71.63 Options outstanding at December 31 1,263 $ 68.13 6.6 $ 3,326 Vested and expected to vest at December 31 1,238 $ 67.63 6.1 $ 3,358 Exercisable at December 31 588 $ 53.72 4.4 $ 3,339 The aggregate intrinsic values in the table above represent the total pre-tax intrinsic value (the difference between the close price of our stock on the last trading day of the year and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders if all options were exercised at year-end. This amount fluctuates based on the fair market value of our stock. Restricted Stock Awards The following is a summary of the status of Ryder’s unvested restricted stock awards as of and for the year ended December 31, 2015 : Time-Vested Market-Based Performance-Based Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value (In thousands) (In thousands) (In thousands) Unvested stock outstanding at January 1 514 $ 61.83 94 $ 50.27 47 $ 68.29 Granted (1) 90 91.84 19 89.40 42 93.05 Vested (1) (102) 53.95 (46) 43.38 — — Forfeited (2) (29) 74.06 (5) 56.98 (13) 60.57 Unvested stock outstanding at December 31 473 $ 68.50 62 $ 66.97 76 $ 83.31 (1) Includes awards attained above target. (2) Includes awards canceled due to performance and market conditions not being achieved. Stock Purchase Plan We maintain an Employee Stock Purchase Plan (ESPP) that enables eligible participants in the U.S. and Canada to purchase full or fractional shares of Ryder common stock through payroll deductions of up to 15% of eligible compensation. The ESPP provides for quarterly offering periods during which shares may be purchased at 85% of the fair market value of our stock. Beginning with the second quarter of 2015, we amended the ESPP to calculate the exercise price based only on the fair market value of the stock on the last trading day of the quarter. Prior to the second quarter of 2015, the exercise price was based on the lower of the fair market value on the first or last trading day of the quarter. Stock purchased under the ESPP must be held for 90 days. The amount of shares authorized to be issued under the existing ESPP was 4.5 million at December 31, 2015 . There were 0.1 million shares available to be purchased under the ESPP at December 31, 2015 . During 2015 , 178,000 shares with a weighted average exercise price of $63.93 were granted and exercised. During 2014 , 150,000 shares with a weighted average exercise price of $82.27 were granted and exercised. During 2013 , 194,000 shares with a weighted average exercise price of $48.72 were granted and exercised. Share-Based Compensation Fair Value Assumptions The fair value of each option award is estimated on the date of grant using a Black-Scholes-Merton option-pricing valuation model that uses the weighted-average assumptions noted in the table below. Expected volatility is based on historical volatility of our stock and implied volatility from traded options on our stock. The risk-free rate for periods within the contractual life of the stock option award is based on the yield curve of a zero-coupon U.S. Treasury bond on the date the stock option award is granted with a maturity equal to the expected term of the stock option award. We use historical data to estimate stock option exercises and forfeitures within the valuation model. The expected term of stock option awards granted is derived from historical exercise experience under the share-based employee compensation arrangements and represents the period of time that stock option awards granted are expected to be outstanding. The fair value of market-based restricted stock awards is estimated using a lattice-based option-pricing valuation model that incorporates a Monte-Carlo simulation. Estimates of fair value are not intended to predict actual future events or the value ultimately realized by employees who receive equity awards, and subsequent events are not indicative of the reasonableness of the original estimates of fair value made by Ryder. The following table presents the weighted-average assumptions used for options granted: Years ended December 31, 2015 2014 2013 Option plans: Expected dividends 1.6% 1.9% 2.1% Expected volatility 26.4% 29.1% 35.1% Risk-free rate 1.4% 1.3% 0.7% Expected term in years 4.3 years 4.3 years 4.3 years Grant-date fair value $18.47 $14.99 $13.97 Exercise of Employee Stock Options and Purchase Plans The total intrinsic value of options exercised during 2015 , 2014 and 2013 was $11 million , $28 million and $30 million , respectively. The total cash received from employees under all share-based employee compensation arrangements for 2015 , 2014 and 2013 was $24 million , $46 million and $87 million , respectively. In connection with these exercises, the tax benefits generated from share-based employee compensation arrangements were $0.4 million , $1 million and $5 million for 2015 , 2014 and 2013 , respectively.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Pension Plans We historically sponsored several defined benefit pension plans covering most employees not covered by union-administered plans, including certain employees in foreign countries. These plans generally provided participants with benefits based on years of service and career-average compensation levels. We have a non-qualified supplemental pension plan covering certain U.S. employees, which provides for incremental pension payments from our funds so that total pension payments equal the amounts that would have been payable from our principal pension plans if it were not for limitations imposed by income tax regulations. The accrued pension liability related to this plan was $51 million at each of December 31, 2015 and 2014 . The retirement benefits for non-grandfathered and certain non-union employees in the U.S., Canada and the United Kingdom (U.K.) are frozen. Non-grandfathered plan participants ceased accruing benefits under the plan as of the respective amendment effective date and began receiving an enhanced benefit under a defined contribution plan. All retirement benefits earned as of the amendment effective date were fully preserved and will be paid in accordance with the plan and legal requirements. The funding policy for these plans is to make contributions based on annual service costs plus amortization of unfunded past service liability, but not greater than the maximum allowable contribution deductible for federal income tax purposes. We may, from time to time, make voluntary contributions to our pension plans, which exceed the amount required by statute. The majority of the plans’ assets are invested in a master trust that, in turn, is invested primarily in commingled funds whose investments are listed stocks and bonds. Pension Expense Pension expense from continuing operations was as follows: Years ended December 31, 2015 2014 2013 (In thousands) Company-administered plans: Service cost $ 13,820 13,023 15,991 Interest cost 88,013 100,909 89,682 Expected return on plan assets (98,892 ) (115,410 ) (106,150 ) Pension lump sum settlement expense — 97,231 — Census data adjustment — — 3,905 Amortization of: Net actuarial loss 30,741 23,573 35,282 Prior service credit (306 ) (1,788 ) (1,818 ) 33,376 117,538 36,892 Union-administered plans 8,328 21,118 11,226 Net pension expense $ 41,704 138,656 48,118 Company-administered plans: U.S. $ 34,986 118,797 37,636 Foreign (1,610 ) (1,259 ) (744 ) 33,376 117,538 36,892 Union-administered plans 8,328 21,118 11,226 $ 41,704 138,656 48,118 During 2014 , we offered former vested employees in our U.S. defined benefit plan a one-time option to receive a lump sum distribution of their benefits. We made payments totaling $224 million from the U.S. defined benefit plan assets, which resulted in a settlement of $259 million , representing approximately 12% of our U.S. pension plan obligations. We recognized pension lump sum settlement expense of $97 million for unrecognized actuarial losses as a result of the partial settlement of our pension plan liability. The amount of the lump sum settlement expense is based on the proportionate amount of unrecognized U.S. actuarial net losses equal to the settled percentage of our pension benefit obligation. During 2013, we determined certain census data used to actuarially determine the value of our pension benefit obligation for the years 1998 to 2012 was inaccurate. We recognized a one-time, non-cash charge of $4 million to adjust our pension benefit obligation for prior year census data in "Selling, general and administrative expenses" in our Consolidated Statement of Earnings. The following table sets forth the weighted-average actuarial assumptions used for Ryder’s pension plans in determining annual pension expense: U.S. Plans Years ended December 31, Foreign Plans Years ended December 31, 2015 2014 2013 2015 2014 2013 Discount rate 4.15% 5.00% 4.10% 3.70% 4.57% 4.43% Rate of increase in compensation levels 3.00% 3.00% 4.00% 3.10% 3.09% 3.55% Expected long-term rate of return on plan assets 5.95% 6.50% 6.80% 5.50% 5.94% 6.57% Gain and loss amortization period (years) 23 23 23 27 27 26 The return on plan assets assumption reflects the weighted-average of the expected long-term rates of return for the broad categories of investments held in the plans. The expected long-term rate of return is adjusted when there are fundamental changes in expected returns or in asset allocation strategies of the plan assets. Obligations and Funded Status The following table sets forth the benefit obligations, assets and funded status associated with our pension plans: December 31, 2015 2014 (In thousands) Change in benefit obligations: Benefit obligations at January 1 $ 2,221,115 2,104,749 Service cost 13,820 13,023 Interest cost 88,013 100,909 Actuarial (gain) loss (98,996 ) 380,595 Pension settlement — (259,319 ) Benefits paid (98,528 ) (87,020 ) Foreign currency exchange rate changes (33,580 ) (31,822 ) Benefit obligations at December 31 2,091,844 2,221,115 Change in plan assets: Fair value of plan assets at January 1 1,775,417 1,832,490 Actual return on plan assets (29,024 ) 178,061 Employer contribution 33,746 107,483 Benefits paid (98,528 ) (87,020 ) Pension settlement — (223,654 ) Foreign currency exchange rate changes (34,325 ) (31,943 ) Fair value of plan assets at December 31 1,647,286 1,775,417 Funded status $ (444,558 ) (445,698 ) Funded percent 79 % 80 % The funded status of our pension plans was presented in the Consolidated Balance Sheets as follows: December 31, 2015 2014 (In thousands) Noncurrent asset $ 44,124 2,698 Current liability (3,790 ) (3,739 ) Noncurrent liability (484,892 ) (444,657 ) Net amount recognized $ (444,558 ) (445,698 ) Amounts recognized in accumulated other comprehensive loss (pre-tax) consisted of: December 31, 2015 2014 (In thousands) Prior service credit $ — (195 ) Net actuarial loss 905,944 905,976 Net amount recognized $ 905,944 905,781 In 2016 , we expect to recognize $32 million of net actuarial loss amortization as a component of pension expense. The following table sets forth the weighted-average actuarial assumptions used in determining funded status: U.S. Plans December 31, Foreign Plans December 31, 2015 2014 2015 2014 Discount rate 4.50% 4.15% 4.00% 3.70% Rate of increase in compensation levels 3.00% 3.00% 3.10% 3.10% At December 31, 2015 and 2014 , our pension obligations (accumulated benefit obligations (ABO), and projected benefit obligations (PBO)), greater than the fair value of related plan assets for our U.S. and foreign plans were as follows: U.S. Plans December 31, Foreign Plans December 31, Total December 31, 2015 2014 2015 2014 2015 2014 (In thousands) Total accumulated benefit obligations $ 1,640,844 1,689,191 423,555 487,604 2,064,399 2,176,795 Plans with pension obligations in excess of plan assets: PBO 1,671,949 1,728,643 7,916 9,172 1,679,865 1,737,815 ABO 1,640,844 1,689,191 6,793 5,620 1,647,637 1,694,811 Fair value of plan assets 1,191,182 1,289,621 — — 1,191,182 1,289,621 Plan Assets Our pension investment strategy is to reduce the effects of future volatility on the fair value of our pension assets relative to our pension liabilities. We increase our allocation of high quality, longer-term fixed income securities and reduce our allocation of equity investments as the funded status of the plans improve. The plans utilize several investment strategies, including actively and passively managed equity and fixed income strategies. The investment policy establishes targeted allocations for each asset class that incorporate measures of asset and liability risks. Deviations between actual pension plan asset allocations and targeted asset allocations may occur as a result of investment performance and changes in the funded status from time to time. Rebalancing of our pension plan asset portfolios is evaluated periodically and rebalanced if actual allocations exceed an acceptable range. U.S. plans account for approximately 72% of our total pension plan assets. Equity securities primarily include investments in both domestic and international common collective trusts and publicly traded equities. Fixed income securities primarily include domestic collective trusts and corporate bonds. Other types of investments include private equity fund-of-funds and hedge fund-of-funds. Equity and fixed income securities in our international plans include actively and passively managed mutual funds. The following table presents the fair value of each major category of pension plan assets and the level of inputs used to measure fair value as of December 31, 2015 and 2014 : Fair Value Measurements at Asset Category Total Level 1 Level 2 Level 3 (In thousands) Equity securities: U.S. common collective trusts $ 387,123 — 387,123 — Foreign common collective trusts 374,858 — 374,858 — Fixed income securities: Corporate bonds 64,834 — 64,834 — Common collective trusts 719,840 — 719,840 — Private equity and hedge funds 100,631 — — 100,631 Total $ 1,647,286 — 1,546,655 100,631 Fair Value Measurements at Asset Category Total Level 1 Level 2 Level 3 (In thousands) Equity securities: U.S. common collective trusts $ 421,185 — 421,185 — Foreign common collective trusts 405,224 — 405,224 — Fixed income securities: Corporate bonds 70,999 — 70,999 — Common collective trusts 788,282 — 788,282 — Private equity and hedge funds 89,727 — — 89,727 Total $ 1,775,417 — 1,685,690 89,727 The following is a description of the valuation methodologies used for our pension assets as well as the level of input used to measure fair value: Equity securities — These investments include common and preferred stocks and index common collective trusts that track U.S. and foreign indices. Fair values for the common and preferred stocks were based on quoted prices in active markets and were therefore classified within Level 1 of the fair value hierarchy. The common collective trusts were valued at the unit prices established by the funds’ sponsors based on the fair value of the assets underlying the funds. Since the units of the funds are not actively traded, the fair value measurements have been classified within Level 2 of the fair value hierarchy. Fixed income securities — These investments include investment grade bonds of U.S. issuers from diverse industries, government issuers, index common collective trusts that track the Barclays Aggregate Index and other fixed income investments (primarily mortgage-backed securities). Fair values for the corporate bonds were valued using third-party pricing services. These sources determine prices utilizing market income models which factor in, where applicable, transactions of similar assets in active markets, transactions of identical assets in infrequent markets, interest rates, bond or credit default swap spreads and volatility. Since the corporate bonds are not actively traded, the fair value measurements have been classified within Level 2 of the fair value hierarchy. The common collective trusts were valued at the unit prices established by the funds’ sponsors based on the fair value of the assets underlying the funds. Since the units of the funds are not actively traded, the fair value measurements have been classified within Level 2 of the fair value hierarchy. The other investments are not actively traded and fair values are estimated using bids provided by brokers, dealers or quoted prices of similar securities with similar characteristics or pricing models. Therefore, the other investments have been classified within Level 2 of the fair value hierarchy. Private equity and hedge funds — These investments represent limited partnership interests in private equity and hedge funds. The partnership interests are valued by the general partners based on the underlying assets in each fund. The limited partnership interests are valued using unobservable inputs and have been classified within Level 3 of the fair value hierarchy. The following table presents a summary of changes in the fair value of the pension plans’ Level 3 assets for the years ended December 31, 2015 and 2014 : 2015 2014 (In thousands) Beginning balance at January 1 $ 89,727 76,499 Return on plan assets: Relating to assets still held at the reporting date 5,399 4,903 Relating to assets sold during the period 226 1,882 Purchases, sales, settlements and expenses 5,279 6,443 Ending balance at December 31 $ 100,631 89,727 The following table details pension benefits expected to be paid in each of the next five fiscal years and in aggregate for the five fiscal years thereafter: (In thousands) 2016 $ 100,116 2017 102,692 2018 107,483 2019 112,019 2020 115,863 2021-2025 632,110 For 2016 , required pension contributions to our pension plans are estimated to be $80 million . Multi-employer Plans We participate in multi-employer plans that provide defined benefits to certain employees covered by collective-bargaining agreements. Such plans are usually administered by a board of trustees comprised of the management of the participating companies and labor representatives. The net pension cost of these plans is equal to the annual contribution determined in accordance with the provisions of negotiated labor contracts. Assets contributed to such plans are not segregated or otherwise restricted to provide benefits only to our employees. The risks of participating in these multi-employer plans are different from single-employer plans in the following respects: 1) assets contributed to the multi-employer plan by one employer may be used to provide benefits to employees and former employees of other participating employers; 2) if a participating employer is no longer able to contribute to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers at annual contribution rates under the collective bargaining agreements; 3) if there is a mass withdrawal of substantially all employers from the plan, we may be required to pay the plan an annual contribution based on historical contribution levels as prescribed by federal statute; and 4) if we choose to stop participating in some of our multi-employer plans, we may be required to pay those plans an amount based on the underfunded status of the plan, which is referred to as a withdrawal liability. During 2015 , we recognized a benefit of $1 million for adjustments to previously recognized estimated pension settlement charges related to our exit from U.S. multi-employer pension plans. During 2014 , we recognized estimated pension settlement charges of $13 million related to the transition of employees from two U.S. multi-employer plans into another multi-employer plan in which we participate, and our exit from two U.S. multi-employer pension plans. These adjustments were included in "Selling, general, and administrative expenses" in our Consolidated Statement of Earnings and are a component of Union-administered plans expense. Our participation in these plans is outlined in the table below. Unless otherwise noted, the most recent Pension Protection Act zone status available in 2015 and 2014 is for the plan years ended December 31, 2014 and December 31, 2013 , respectively. The zone status is based on information that we received from the plan. Among other factors, plans in the red zone are generally less than sixty-five percent funded, plans in the yellow zone are less than eighty percent funded, and plans in the green zone are at least eighty percent funded. Pension Protection Act Zone Status Ryder Contributions Expiration Date(s) of Collective-Bargaining Agreement(s) Pension Fund Employer Identification Number 2015 2014 FIP/RP Status Pending/ Implemented (1) 2015 2014 2013 Surcharge Imposed (Dollars in thousands) Western Conference Teamsters 91-6145047 Green Green No $ 2,430 2,315 2,180 No 1/12/18 to 6/30/19 IAM National 51-6031295 Green Green No 3,801 3,311 2,987 No 3/31/16 to 9/30/19 Automobile Mechanics 36-6042061 Red Red RP Adopted 1,902 1,632 1,530 Yes 5/31/16 to 10/31/17 Other funds 704 1,296 1,709 Total contributions 8,837 8,554 8,406 Pension settlement (benefit) charges (509 ) 12,564 2,820 Union-administered plans $ 8,328 21,118 11,226 _____________ (1) The “FIP/RP Status Pending/Implemented” column indicates plans for which a financial improvement plan (FIP) or a rehabilitation plan (RP) is either pending or has been implemented. Our contributions are impacted by changes in contractual contributions rates as well as changes in the number of employees covered by each plan. Savings Plans Employees who do not actively participate in pension plans and are not covered by union-administered plans are generally eligible to participate in enhanced savings plans. These plans provide for (i) a company contribution even if employees do not make contributions, (ii) a company match of employee contributions of eligible pay, subject to tax limits and (iii) a discretionary company match. Savings plan costs totaled $38 million in 2015 and $35 million in each of 2014 and 2013 . Deferred Compensation and Long-Term Compensation Plans We have deferred compensation plans that permit eligible U.S. employees, officers and directors to defer a portion of their compensation. The deferred compensation liability, including Ryder matching amounts and accumulated earnings, totaled $44 million and $40 million at December 31, 2015 and 2014 , respectively. We have established grantor trusts (Rabbi Trusts) to provide funding for benefits payable under the supplemental pension plan, deferred compensation plans and long-term incentive compensation plans. The assets held in the trusts were $43 million and $41 million at December 31, 2015 and 2014 , respectively. The Rabbi Trusts’ assets consist of short-term cash investments and a managed portfolio of equity securities, including our common stock. These assets, except for the investment in our common stock, are included in “Direct financing leases and other assets” because they are available to our general creditors in the event of insolvency. The equity securities are classified as trading securities and stated at fair value. Both realized and unrealized gains and losses are included in “Miscellaneous income, net.” The Rabbi Trusts’ investment of $1 million and $2 million in our common stock at December 31, 2015 and 2014 , respectively, is reflected at historical cost and included in shareholders’ equity. Other Postretirement Benefits We sponsor plans that provide retired U.S. and Canadian employees with certain healthcare and life insurance benefits. Substantially all U.S. and Canadian employees not covered by union-administered health and welfare plans are eligible for the healthcare benefits. Healthcare benefits for our principal plan are generally provided to qualified retirees under age 65 and eligible dependents. This plan requires employee contributions that vary based on years of service and include provisions that limit our contributions. Effective January 1, 2014, we made amendments to our healthcare benefits for early retirees which modified future eligibility requirements for non-grandfathered retirees in the U.S. The post-retirement medical plan was closed to participants who were not at least age 52 with 12 years of service as of December 31, 2013. Total postretirement benefit expense was as follows: Years ended December 31, 2015 2014 2013 (In thousands) Service cost $ 363 446 981 Interest cost 1,097 1,421 1,580 Amortization of: Net actuarial gain (1,773 ) (725 ) (14 ) Prior service credit (1,083 ) (2,459 ) (231 ) Postretirement benefit (income) expense $ (1,396 ) (1,317 ) 2,316 U.S. $ (1,887 ) (1,839 ) 1,625 Foreign 491 522 691 $ (1,396 ) (1,317 ) 2,316 The following table sets forth the weighted-average discount rates used in determining annual postretirement benefit expense: U.S. Plan Years ended December 31, Foreign Plan Years ended December 31, 2015 2014 2013 2015 2014 2013 Discount rate 4.15% 5.00% 4.10% 4.00% 4.80% 4.00% Our postretirement benefit plans are not funded. The following table sets forth the benefit obligations associated with our postretirement benefit plans: December 31, 2015 2014 (In thousands) Benefit obligations at January 1 $ 29,001 30,788 Service cost 363 446 Interest cost 1,097 1,421 Actuarial gain (6,164 ) (1,010 ) Benefits paid (1,468 ) (1,989 ) Foreign currency exchange rate changes (1,203 ) (655 ) Benefit obligations at December 31 $ 21,626 29,001 Amounts recognized in the Consolidated Balance Sheets consisted of: December 31, 2015 2014 (In thousands) Current liability $ 1,624 2,112 Noncurrent liability 20,002 26,889 Amount recognized $ 21,626 29,001 Amounts recognized in accumulated other comprehensive loss (pre-tax) consisted of: December 31, 2015 2014 (In thousands) Prior service credit $ (616 ) (2,527 ) Net actuarial gain (11,825 ) (5,933 ) Net amount recognized $ (12,441 ) (8,460 ) In 2016 , we expect to recognize approximately $2 million of the net actuarial gain as a component of postretirement benefit expense. The amount of prior service credit we expect to recognize in 2016 as a component of total postretirement benefit expense is not material. Our annual measurement date is December 31 for both U.S. and foreign postretirement benefit plans. Assumptions used in determining accrued postretirement benefit obligations were as follows: U.S. Plan December 31, Foreign Plan December 31, 2015 2014 2015 2014 Discount rate 4.50 % 4.15 % 4.00 % 4.00 % Rate of increase in compensation levels 3.00 % 3.00 % 3.00 % 3.00 % Healthcare cost trend rate assumed for next year 6.75 % 7.00 % 5.50 % 6.00 % Rate to which the cost trend rate is assumed to decline (ultimate trend rate) 5.00 % 5.00 % 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate 2023 2023 2017 2017 Changing the assumed healthcare cost trend rates by 1% in each year would not have a material effect on the accumulated postretirement benefit obligation at December 31, 2015 or annual postretirement benefit expense for 2015 . The following table details other postretirement benefits expected to be paid in each of the next five fiscal years and in aggregate for the five fiscal years thereafter: (In thousands) 2016 $ 1,646 2017 1,640 2018 1,631 2019 1,620 2020 1,591 2021-2025 7,464

Environmental Matters

Environmental Matters	12 Months Ended
	Dec. 31, 2015
Environmental Remediation Obligations [Abstract]
ENVIRONMENTAL MATTERS	ENVIRONMENTAL MATTERS Our operations involve storing and dispensing petroleum products, primarily diesel fuel, regulated under environmental protection laws. These laws require us to eliminate or mitigate the effect of such substances on the environment. In response to these requirements, we continually upgrade our operating facilities and implement various programs to detect and minimize contamination. In addition, we have received notices from the Environmental Protection Agency (EPA) and others that we have been identified as a potentially responsible party under the Comprehensive Environmental Response, Compensation and Liability Act, the Superfund Amendments and Reauthorization Act and similar state statutes and may be required to share in the cost of cleanup of 19 identified disposal sites. Our environmental expenses which are presented within “Cost of fuel services” in our Consolidated Statements of Earnings, consist of remediation costs as well as normal recurring expenses such as licensing, testing and waste disposal fees. These expenses totaled $9 million , $7 million and $9 million in 2015 , 2014 and 2013 , respectively. The carrying amount of our environmental liabilities was $10 million and $12 million at December 31, 2015 and 2014 , respectively. Our asset retirement obligations related to fuel tanks to be removed are not included above and are included in “Accrued expenses and other current liabilities” and “Other non-current liabilities” in our Consolidated Balance Sheets. The ultimate cost of our environmental liabilities cannot presently be projected with certainty due to the presence of several unknown factors, primarily the level of contamination, the effectiveness of selected remediation methods, the stage of investigation at individual sites, the determination of our liability in proportion to other responsible parties and the recoverability of such costs from third parties. Based on information presently available, we believe that the ultimate disposition of these matters, although potentially material to the results of operations in any one year, will not have a material adverse effect on our financial condition or liquidity.

Other Items Impacting Comparabi

Other Items Impacting Comparability	12 Months Ended
	Dec. 31, 2015
Other Items Impacting Comparability [Abstract]
OTHER ITEMS IMPACTING COMPARABILITY	OTHER ITEMS IMPACTING COMPARABILITY Our primary measure of segment performance as shown in Note 29 , " Segment Reporting ", excludes certain items we do not believe are representative of the ongoing operations of the segment. Excluding these items from our segment measure of performance allows for better year over year comparison: Years ended December 31, 2015 2014 2013 (In thousands) Pension lump sum settlement loss (1) $ — (97,231 ) — Pension settlement benefit (charges) (1) 509 (12,564 ) (2,820 ) Restructuring and other (charges) recoveries, net (2) (14,225 ) (2,387 ) 470 Acquisition-related tax adjustment — (1,808 ) — Acquisition transaction costs — (566 ) — Consulting fees (3,843 ) (400 ) — Foreign currency translation benefit — — 1,904 Superstorm Sandy vehicle-related recoveries — — 600 Restructuring and other (charges) recoveries, net and other items $ (17,559 ) (114,956 ) 154 _______________ (1) Refer to Note 23 , " Employee Benefit Plans ," for additional information. (2) Refer to Note 5 , " Restructuring and Other Charges (Recoveries) ," for additional information. During 2015 and 2014, we incurred charges of $4 million and $0.4 million , respectively, in "Selling, general and administrative expenses" in our Consolidated Statements of Earnings related to consulting fees associated with cost savings initiatives. During 2014, we incurred charges of $2 million related to tax adjustments for the 2011 Hill Hire acquisition. We reported the cumulative adjustment within “Selling, general and administrative expenses” in our Consolidated Statements of Earnings. During 2013, we recognized a benefit of $2 million in “Miscellaneous income, net” in our Consolidated Statements of Earnings from the recognition of the accumulated currency translation adjustment from an FMS foreign operation which substantially liquidated its net assets.

Other Matters

Other Matters	12 Months Ended
	Dec. 31, 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 established 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 established 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 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.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION	SUPPLEMENTAL CASH FLOW INFORMATION Supplemental cash flow information was as follows: Years ended December 31, 2015 2014 2013 (In thousands) Interest paid $ 144,973 139,595 132,946 Income taxes paid 13,379 11,382 13,063 Changes in accounts payable related to purchases of revenue earning equipment 28,134 39,071 43,745 Operating and revenue earning equipment acquired under capital leases 5,959 7,972 5,698

Miscellaneous Income, Net

Miscellaneous Income, Net	12 Months Ended
	Dec. 31, 2015
Other Income and Expenses [Abstract]
MISCELLANEOUS INCOME, NET	Years ended December 31, 2015 2014 2013 Gains on sales of operating property and equipment $ 3,045 2,909 1,020 Business interruption insurance recoveries — 808 2,743 Contract settlement 55 3,014 — Foreign currency translation benefit (1) — — 1,904 Foreign currency transaction gains/(losses) 1,945 (210 ) 40 Rabbi trust investment income 632 2,726 4,475 Other, net 4,479 4,366 5,190 Total $ 10,156 13,613 15,372 ____________________________ (1) Refer to Note 25 , " Other Items Impacting Comparability ," for additional information

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 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 transportation services provided as part of an integrated, multi-service, supply chain solution to SCS customers 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 (recoveries), net discussed in Note 5 , " Restructuring and Other Charges (Recoveries) " and items discussed in Note 25 , " 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. CSS costs attributable to the business segments are predominantly allocated to FMS, DTS and SCS as follows: • Finance, corporate services, and health and safety — allocated based upon estimated and planned resource utilization; • Human resources — individual costs within this category are allocated under various methods, including allocation based on estimated utilization and number of personnel supported; • Information technology — principally allocated based upon utilization-related metrics such as number of users or minutes of CPU time. Customer-related project costs and expenses are allocated to the business segment responsible for the project; and • Other — represents legal and other centralized costs and expenses including certain share-based incentive compensation costs. Expenses, where allocated, are based primarily on the number of personnel supported. 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”). 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. Each business segment follows the same accounting policies as described in Note 1 , “ Summary of Significant Accounting Policies .” Business segment revenue and EBT from continuing operations is as follows: Years ended December 31, 2015 2014 2013 (In thousands) Revenue: Fleet Management Solutions: Full service lease $ 2,220,929 2,102,703 2,016,570 Commercial rental 900,624 836,719 753,456 Full service lease and commercial rental 3,121,553 2,939,422 2,770,026 Contract maintenance 190,989 182,411 178,001 Contract-related maintenance 200,148 196,841 186,580 Other 77,625 71,064 72,029 Fuel services revenue 538,277 787,887 829,586 Total Fleet Management Solutions from external customers 4,128,592 4,177,625 4,036,222 Inter-segment revenue 417,100 478,133 458,464 Fleet Management Solutions 4,545,692 4,655,758 4,494,686 Dedicated Transportation Solutions 895,538 899,802 831,599 Supply Chain Solutions 1,547,763 1,561,347 1,551,464 Eliminations (417,100 ) (478,133 ) (458,464 ) Total revenue $ 6,571,893 6,638,774 6,419,285 EBT: Fleet Management Solutions $ 462,109 433,736 344,169 Dedicated Transportation Solutions 45,800 44,556 40,926 Supply Chain Solutions 93,754 77,800 89,033 Eliminations (47,193 ) (41,361 ) (35,489 ) $ 554,470 514,731 438,639 Unallocated Central Support Services (48,510 ) (51,740 ) (45,493 ) Non-operating pension costs (19,186 ) (9,768 ) (24,285 ) Restructuring and other (charges) recoveries, net and other items (1) (17,559 ) (114,956 ) 154 Earnings before income taxes from continuing operations $ 469,215 338,267 369,015 ______________ (1) See Note 25 , “ Other Items Impacting Comparability ,” for a discussion of items excluded from our primary measure of segment performance. The following table sets forth share-based compensation expense, depreciation expense, gains on vehicle sales, net, amortization expense and other non-cash charges, net, interest expense (income), capital expenditures paid and total assets for the years ended December 31, 2015 , 2014 and 2013 as provided to the chief operating decision-maker for each of Ryder’s reportable business segments. The table reflects the reclassification of current deferred tax assets to non-current as discussed in Note 2 , " Recent Accounting Pronouncements ": FMS DTS SCS CSS Eliminations Total (In thousands) 2015 Share-based compensation expense $ 5,672 1,155 3,400 10,954 — 21,181 Depreciation expense (1) $ 1,110,706 3,184 25,721 311 — 1,139,922 Gains on vehicles sales, net $ (117,714 ) (54 ) (41 ) — — (117,809 ) Amortization expense and other non-cash charges, net $ 36,348 1,878 2,971 29,565 — 70,762 Interest expense (income) (2) $ 154,276 (1,597 ) (2,174 ) (71 ) — 150,434 Capital expenditures paid $ 2,595,961 3,570 27,841 40,606 — 2,667,978 Total assets $ 10,076,321 275,634 636,647 202,129 (222,922 ) 10,967,809 2014 Share-based compensation expense $ 4,895 720 3,661 11,629 — 20,905 Depreciation expense (1) $ 1,028,781 3,211 25,636 185 — 1,057,813 Gains on vehicles sales, net $ (126,410 ) 5 (419 ) — — (126,824 ) Pension lump sum settlement expense $ 76,239 3,335 3,277 14,380 — 97,231 Amortization expense and other non-cash charges, net $ 19,936 516 1,309 25,502 — 47,263 Interest expense (income) (2) $ 147,247 (1,520 ) (807 ) (181 ) — 144,739 Capital expenditures paid (3) $ 2,166,319 1,883 20,941 70,021 — 2,259,164 Total assets $ 9,011,883 211,388 673,876 193,484 (239,760 ) 9,850,871 2013 Share-based compensation expense $ 4,979 851 4,083 9,397 — 19,310 Depreciation expense (1) $ 953,193 3,335 26,225 857 — 983,610 Gains on vehicle sales, net $ (96,011 ) (117 ) (47 ) — — (96,175 ) Amortization expense and other non-cash charges, net $ 19,071 946 2,694 33,678 — 56,389 Interest expense (income) (2) $ 142,555 (1,316 ) (548 ) (228 ) — 140,463 Capital expenditures paid (3) $ 2,074,708 1,563 21,114 25,243 — 2,122,628 Total assets $ 8,404,606 203,563 640,837 154,024 (234,690 ) 9,168,340 ____________ (1) Depreciation expense associated with CSS assets was allocated to business segments based upon estimated and planned asset utilization. Depreciation expense totaling $22 million , $21 million and $14 million during 2015 , 2014 and 2013 , respectively, associated with CSS assets was allocated to other business segments. (2) Interest expense was primarily allocated to the FMS segment since such borrowings were used principally to fund the purchase of revenue earning equipment used in FMS; however, interest income was also reflected in DTS and SCS based on targeted segment leverage ratios. (3) Excludes acquisition payments of $10 million and $2 million in 2014 and 2013 , respectively. See Note 4 , “ Acquisitions ,” for additional information. Geographic Information Years ended December 31, 2015 2014 2013 (In thousands) Revenue: United States $ 5,603,697 5,614,037 5,411,376 Foreign: Canada 408,325 435,280 455,440 Europe 391,339 400,853 372,209 Mexico 139,583 158,481 161,279 Asia 28,949 30,123 18,981 968,196 1,024,737 1,007,909 Total $ 6,571,893 6,638,774 6,419,285 Long-lived assets: United States $ 7,817,628 6,790,946 6,098,635 Foreign: Canada 504,027 530,316 529,880 Europe 545,630 553,467 568,850 Mexico 31,993 26,230 29,008 Asia 427 521 279 1,082,077 1,110,534 1,128,017 Total $ 8,899,705 7,901,480 7,226,652 Certain Concentrations We have a diversified portfolio of customers across a full array of transportation and logistics solutions and across many industries. We believe this will help to mitigate the impact of adverse downturns in specific sectors of the economy. Our portfolio of full service lease and commercial rental customers is not concentrated in any one particular industry or geographic region. We derive a significant portion of our SCS revenue from the automotive industry, mostly from manufacturers and suppliers of original equipment parts. During 2015 , 2014 and 2013 , the automotive industry accounted for approximately 41% , 43% and 44% , respectively, of SCS total revenue.

Quarterly Information (Unaudite

Quarterly Information (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY INFORMATION (UNAUDITED)	QUARTERLY INFORMATION (UNAUDITED) Earnings from Continuing Operations Earnings from Continuing Operations per Common Share Net Earnings per Common Share Revenue Net Earnings Basic Diluted Basic Diluted (In thousands, except per share amounts) 2015 First quarter $ 1,567,153 53,326 52,789 1.01 1.00 1.00 0.99 Second quarter 1,662,931 85,917 85,159 1.62 1.61 1.61 1.59 Third quarter 1,669,066 90,811 90,619 1.71 1.70 1.71 1.69 Fourth quarter 1,672,743 75,935 76,201 1.43 1.42 1.44 1.43 Full year $ 6,571,893 305,989 304,768 5.78 5.73 5.75 5.71 2014 First quarter $ 1,610,737 49,126 48,260 0.93 0.92 0.91 0.90 Second quarter 1,684,571 75,721 75,385 1.43 1.42 1.43 1.41 Third quarter 1,687,150 83,895 83,617 1.60 1.58 1.59 1.57 Fourth quarter 1,656,316 11,483 11,079 0.22 0.22 0.21 0.21 Full year $ 6,638,774 220,225 218,341 4.18 4.14 4.14 $ 4.11 Note: EPS amounts may not be additive due to rounding. Quarterly and year-to-date computations of per share amounts are made independently; therefore, the sum of per-share amounts for the quarters may not equal per-share amounts for the year. During 2015 , we determined that the structure of our sale and leaseback transactions did not qualify for deconsolidation and should not be treated as off-balance sheet operating leases. 2014 consolidated financial information has been revised to conform to the 2015 presentation. See Note 5 , “ Restructuring and Other Charges (Recoveries) ,” and Note 25 , “ Other Items Impacting Comparability ,” for items included in earnings during 2015 and 2014 .

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
VALUATION AND QUALIFYING ACCOUNTS	Additions Description Balance at Beginning of Period Charged to Earnings Transferred from Other Accounts (1) Deductions (2) Balance at End of Period (In thousands) 2015 Accounts receivable allowance $ 16,388 11,172 — 12,000 15,560 Direct finance lease allowance $ 288 1,495 — 1,540 243 Self-insurance accruals (3) $ 300,994 308,026 68,999 366,198 311,821 Valuation allowance on deferred tax assets $ 24,742 (1,150 ) — 8,601 14,991 2014 Accounts receivable allowance $ 16,955 7,086 — 7,653 16,388 Direct finance lease allowance $ 501 47 — 260 288 Self-insurance accruals (3) $ 290,255 273,509 62,548 325,318 300,994 Valuation allowance on deferred tax assets $ 33,793 (976 ) — 8,075 24,742 2013 Accounts receivable allowance $ 15,429 7,561 — 6,035 16,955 Direct finance lease allowance $ 703 205 — 407 501 Self-insurance accruals (3) $ 279,157 266,314 60,235 315,451 290,255 Valuation allowance on deferred tax assets $ 38,182 1,627 — 6,016 33,793 ______________ (1) Transferred from other accounts includes employee contributions made to the medical and dental self-insurance plans. (2) Deductions represent write-offs, lease termination payments, insurance claim payments during the period and net foreign currency translation adjustments. (3) Self-insurance accruals include vehicle liability, workers’ compensation, property damage, cargo and medical and dental, which comprise our self-insurance programs. Amounts charged to earnings include developments in prior year selected loss development factors which charged earnings by $4 million in 2015 , and benefited earnings by $14 million and $5 million in 2014 and 2013 , respectively.

Summary of Significant Accoun40

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of Consolidation and Presentation	Basis of Consolidation and Presentation The consolidated 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”) where Ryder is determined to be the primary beneficiary. Ryder is deemed to be the primary beneficiary if we have the power to direct the activities that most significantly impact the entity’s economic performance and we share in the significant risks and rewards of the entity. All significant intercompany accounts and transactions have been eliminated in consolidation. 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 within Supply Chain Solutions (SCS). Beginning with the current year, we reported our financial performance based on our new segments: (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 continue to be reported in the SCS business segment. Prior period amounts have been recast to conform to the new presentation. This change impacted Note 10 , " Goodwill ," and Note 29 , " Segment Reporting ," with no impact on consolidated revenues, net income or cash flows.
Use of Estimates	Use of Estimates The preparation of our consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are based on management’s best knowledge of historical trends, actions that we may take in the future, and other information available when the consolidated financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available. Areas where the nature of the estimate make it reasonably possible that actual results could materially differ from the amounts estimated include: depreciation and residual value guarantees, employee benefit plan obligations, self-insurance accruals, impairment assessments on long-lived assets (including goodwill and indefinite-lived intangible assets), allowance for accounts receivable, income tax liabilities and contingent liabilities.
Cash Equivalents	Cash Equivalents Cash equivalents represent cash in excess of current operating requirements invested in short-term, interest-bearing instruments with maturities of three months or less at the date of purchase and are stated at cost.
Revenue Recognition	Revenue Recognition We recognize revenue when persuasive evidence of an arrangement exists, the services have been rendered to customers or delivery has occurred, the pricing is fixed or determinable, and collectibility is reasonably assured. In our evaluation of whether the price is fixed or determinable, we determine whether the total contract consideration in the arrangement could change based on one or more factors. These factors, which vary among each of our segments, are further discussed below. Generally, the judgments made for these purposes do not materially impact the revenue recognized in any period. Sales tax collected from customers and remitted to the applicable taxing authorities is accounted for on a net basis, with no impact on revenue. Our judgments on collectibility are initially established when a business relationship with a customer is initiated and is continuously monitored as services are provided. We have a credit rating system based on internally developed standards and ratings provided by third parties. Our credit rating system, along with monitoring for delinquent payments, allows us to make decisions as to whether collectibility may not be reasonably assured. Factors considered during this process include historical payment trends, industry risks, liquidity of the customer, years in business, and judgments, liens or bankruptcies. When collectibility is not considered reasonably assured (typically when a customer is 120 days past due), revenue is not recognized until cash is collected from the customer. We generate revenue primarily through the lease, rental and maintenance of revenue earning equipment and by providing logistics management and dedicated services. We classify our revenues in one of the following categories: Lease and rental Lease and rental includes full service lease and commercial rental revenues from our FMS business segment. A full service lease is marketed, priced and managed as a bundled lease arrangement, which includes equipment, service and financing components. We do not offer a stand-alone unbundled finance lease of vehicles. For these reasons, both the lease and service components of our full service leases are included within lease and rental revenues. Our full service lease arrangements include lease deliverables such as the lease of a vehicle and the executory agreement for the maintenance, insurance, taxes and other services related to the leased vehicles during the lease term. Arrangement consideration is allocated between lease deliverables and non-lease deliverables based on management’s best estimate of the relative fair value of each deliverable. The arrangement consideration allocated to lease deliverables is accounted for pursuant to accounting guidance on leases. Our full service lease arrangements provide for a fixed charge billing and a variable charge billing based on mileage or time usage. Fixed charges are typically billed at the beginning of the month for the services to be provided that month. Variable charges are typically billed a month in arrears. Costs associated with the activities performed under our full service leasing arrangements are primarily comprised of labor, parts, outside work, depreciation, licenses, insurance, operating taxes and vehicle financing. These costs are expensed as incurred except for depreciation. Refer to “Summary of Significant Accounting Policies – Revenue Earning Equipment, Operating Property and Equipment, and Depreciation” for information regarding our depreciation policies. Non-chargeable maintenance costs have been allocated and reflected within “Cost of lease and rental” based on the maintenance-related labor costs relative to all product lines. Revenue from lease and rental agreements is recognized based on the classification of the arrangement, typically as either an operating or direct finance lease (DFL). • The majority of our leases and all of our rental arrangements are classified as operating leases and, therefore, we recognize lease and commercial rental revenue on a straight-line basis as it becomes receivable over the term of the lease or rental arrangement. Lease and rental agreements do not usually provide for scheduled rent increases or escalations. However, most lease agreements allow for rate changes based upon changes in the Consumer Price Index (CPI). Lease and rental agreements also provide for vehicle usage charges based on a time charge and/or a fixed per-mile charge. The fixed time charge, the fixed per-mile charge and the changes in rates attributed to changes in the CPI are considered contingent rentals and are not considered fixed or determinable until the effect of CPI changes is implemented or the equipment usage occurs. • The non-lease deliverables of our full service lease arrangements are comprised of access to substitute vehicles, emergency road service, and safety services. These services are available to our customers throughout the lease term. Accordingly, revenue is recognized on a straight-line basis over the lease term. • Leases not classified as operating leases are generally considered direct financing leases. We recognize revenue for direct financing leases using the effective interest method, which provides a constant periodic rate of return on the outstanding investment on the lease. Recognition of income on direct finance leases is suspended when management determines that collection of future income is not probable, which is at the point that the customer’s delinquent balance is determined to be at risk (generally over 120 days past due). Accrual is resumed, and previously suspended income is recognized, when the receivable becomes contractually current and/or collection uncertainty is removed. Cash receipts on impaired direct finance lease receivables are first applied to the direct finance lease receivable and then to any unrecognized income. A direct finance lease receivable is considered impaired, based on current information and events, if it is probable that we will be unable to collect all amounts due according to the contractual terms of the lease. Services Services include contract maintenance, contract-related maintenance and other revenues from our FMS business segment and all DTS and SCS revenues. Under our contract maintenance arrangements, we provide maintenance and repairs required to keep a vehicle in good operating condition, schedule preventive maintenance inspections and provide access to emergency road service and substitute vehicles. The vast majority of our services are routine services performed on a recurring basis throughout the term of the arrangement. From time to time, we provide non-routine major repair services in order to place a vehicle back in service. Revenue from maintenance service contracts is recognized on a straight-line basis as maintenance services are rendered over the terms of the related arrangements. Contract maintenance arrangements are generally cancelable, without penalty, after one year with 60 days prior written notice. Our maintenance service arrangement provides for a monthly fixed charge and a monthly variable charge based on mileage or time usage. Fixed charges are typically billed at the beginning of the month for the services to be provided that month. Variable charges are typically billed a month in arrears. Most contract maintenance agreements allow for rate changes based upon changes in the CPI. The fixed per-mile charge and the changes in rates attributed to changes in the CPI are recognized as earned. Costs associated with the activities performed under our contract maintenance arrangements are primarily comprised of labor, parts and outside work. These costs are expensed as incurred. Non-chargeable maintenance costs have been allocated and reflected within “Cost of services” based on the proportionate maintenance-related labor costs relative to all product lines. Revenue from DTS and SCS service contracts is recognized as services are rendered in accordance with contract terms, which typically include discrete billing rates for the services. In certain contracts, a portion of the contract consideration may be contingent upon the satisfaction of performance criteria, attainment of pain/gain share thresholds or volume thresholds. The contingent portion of the revenue in these arrangements is not considered fixed or determinable until the performance criteria or thresholds have been met. In transportation management arrangements where we act as principal, revenue is reported on a gross basis, without deducting third-party purchased transportation costs. To the extent that we are acting as an agent in the arrangement, revenue is reported on a net basis, after deducting purchased transportation costs. Fuel Fuel services include fuel services revenue from our FMS business segment. Revenue from fuel services is recognized when fuel is delivered to customers. Fuel is largely a pass-through to our customers for which we realize minimal changes in profitability during periods of steady market fuel prices. However, profitability may be positively or negatively impacted by sudden increases or decreases in market fuel prices during a short period of time as customer pricing for fuel services is established based on trailing market fuel costs.
Accounts Receivable Allowance	Accounts Receivable Allowance We maintain an allowance for uncollectible customer receivables and an allowance for billing adjustments related to certain discounts and billing corrections. Estimates are updated regularly based on historical experience of bad debts and billing adjustments processed, current collection trends and aging analysis. Accounts are charged against the allowance when determined to be uncollectible.
Inventories	Inventories Inventories, which consist primarily of fuel, tires and vehicle parts, are valued using the lower of weighted-average cost or market.
Revenue Earning Equipment, Operating Property and Equipment, and Depreciation	Revenue Earning Equipment, Operating Property and Equipment, and Depreciation Revenue earning equipment, comprised of vehicles and operating property and equipment are initially recorded at cost inclusive of vendor rebates. Revenue earning equipment and operating property and equipment under capital lease are initially recorded at the lower of the present value of minimum lease payments or fair value. Vehicle repairs and maintenance that extend the life or increase the value of a vehicle are capitalized, whereas ordinary maintenance and repairs (including tire replacement or repair) are expensed as incurred. Direct costs incurred in connection with developing or obtaining internal-use software are capitalized. Costs incurred during the preliminary software development project stage, as well as maintenance and training costs, are expensed as incurred. Leasehold improvements are depreciated over the shorter of their estimated useful lives or the term of the related lease, which may include one or more option renewal periods where failure to exercise such options would result in an economic penalty in such amount that renewal appears, at the inception of the lease, to be reasonably assured. If a substantial additional investment is made in a leased property during the term of the lease, we re-evaluate the lease term to determine whether the investment, together with any penalties related to non-renewal, would constitute an economic penalty in such amount that renewal appears to be reasonably assured. Provision for depreciation is computed using the straight-line method on all depreciable assets. Depreciation expense has been recognized throughout the Consolidated Statement of Earnings depending on the nature of the related asset. We periodically review and adjust, as appropriate, the residual values and useful lives of revenue earning equipment. Our review of the residual values and useful lives of revenue earning equipment, is established with a long-term view considering historical market price changes, current and expected future market price trends, expected lives of vehicles and extent of alternative uses. Factors that could cause actual results to materially differ from estimates include, but are not limited to, unforeseen changes in technology innovations. We routinely dispose of used revenue earning equipment as part of our FMS business. Revenue earning equipment held for sale is stated at the lower of carrying amount or fair value less costs to sell. For revenue earning equipment held for sale, we stratify our fleet by vehicle type (tractors, trucks, and trailers), weight class, age and other relevant characteristics and create classes of similar assets for analysis purposes. Fair value is determined based upon recent market prices obtained from our own sales experience for sales of each class of similar assets and vehicle condition. Reductions in the carrying values of vehicles held for sale are recorded within “Other operating expenses” in the Consolidated Statements of Earnings. Gains and losses on sales of operating property and equipment are reflected in “Miscellaneous income, net.”
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill on acquisitions represents the excess of the purchase price over the fair value of the underlying acquired net tangible and intangible assets. Factors that contribute to the recognition of goodwill in our acquisitions include (i) expected growth rates and profitability of the acquired companies, (ii) securing buyer-specific synergies that increase revenue and profits and are not otherwise available to market participants, (iii) significant cost savings opportunities, (iv) experienced workforce and (v) our strategies for growth in sales, income and cash flows. Goodwill and other intangible assets with indefinite useful lives are not amortized, but rather, are tested for impairment at least annually (April 1 st ). In evaluating goodwill for impairment, we have the option to first assess qualitative factors to determine whether further impairment testing is necessary. Among other relevant events and circumstances that affect the fair value of reporting units, we consider individual factors such as macroeconomic conditions, changes in our industry and the markets in which we operate as well as our reporting units' historical and expected future financial performance. If we conclude that it is more likely than not that a reporting unit's fair value is less than its carrying value, recoverability of goodwill is evaluated using a two-step process. The first step involves a comparison of the fair value of each of our reporting units with its carrying amount. If a reporting unit’s carrying amount exceeds its fair value, the second step is performed. The second step involves a comparison of the implied fair value and carrying value of that reporting unit’s goodwill. To the extent that a reporting unit’s carrying amount exceeds the implied fair value of its goodwill, an impairment loss is recognized. Our valuation of fair value for certain reporting units is determined based on an average of discounted future cash flow models that use ten years of projected cash flows and various terminal values based on multiples, book value or growth assumptions. For certain reporting units, fair value is determined based on the application of current trading multiples for comparable publicly-traded companies and the historical pricing multiples for comparable merger and acquisition transactions that have occurred in our industry. Rates used to discount cash flows are dependent upon interest rates and the cost of capital based on our industry and capital structure adjusted for equity and size risk premiums based on market capitalization. Estimates of future cash flows are dependent on our knowledge and experience about past and current events and assumptions about conditions we expect to exist, including long-term growth rates, capital requirements and useful lives. Our estimates of cash flows are also based on historical and future operating performance, economic conditions and actions we expect to take. In addition to these factors, our DTS reporting unit and SCS reporting units are dependent on several key customers or industry sectors. The loss of a key customer may have a significant impact to our DTS reporting unit or one of our SCS reporting units, causing us to assess whether or not the event resulted in a goodwill impairment loss. In making our assessments of fair value, we rely on our knowledge and experience about past and current events and assumptions about conditions we expect to exist in the future. These assumptions are based on a number of factors including future operating performance, economic conditions, actions we expect to take, and present value techniques. There are inherent uncertainties related to these factors and management’s judgment in applying them to the analysis of goodwill impairment. It is possible that assumptions underlying the impairment analysis will change in such a manner that impairment in value may occur in the future. Identifiable intangible assets not subject to amortization are assessed for impairment using a similar process to that used to evaluate goodwill as described above. Intangible assets with finite lives are amortized over their respective estimated useful lives. Identifiable intangible assets that are subject to amortization are evaluated for impairment using a process similar to that used to evaluate long-lived assets described below.
Impairment of Long-Lived Assets Other than Goodwill	Impairment of Long-Lived Assets Other than Goodwill Long-lived assets held and used, including revenue earning equipment, operating property and equipment and intangible assets with finite lives, are tested for recoverability when circumstances indicate that the carrying amount of assets may not be recoverable. Recoverability of long-lived assets is evaluated by comparing the carrying amount of an asset or asset group to management’s best estimate of the undiscounted future operating cash flows (excluding interest charges) expected to be generated by the asset or asset group. If these comparisons indicate that the asset or asset group is not recoverable, an impairment loss is recognized for the amount by which the carrying value of the asset or asset group exceeds fair value. Fair value is determined by a quoted market price, if available, or an estimate of projected future operating cash flows, discounted using a rate that reflects the related operating segment’s average cost of funds. Long-lived assets to be disposed of including revenue earning equipment, operating property and equipment and indefinite-lived intangible assets, are reported at the lower of carrying amount or fair value less costs to sell.
Self-Insurance Accruals	Self-Insurance Accruals We retain a portion of the accident risk under auto liability, workers’ compensation and other insurance programs. Under our insurance programs, we retain the risk of loss in various amounts generally up to $3 million on a per occurrence basis. Self-insurance accruals are based primarily on an actuarially estimated, undiscounted cost of claims, which includes claims incurred but not reported. Such liabilities are based on estimates. Historical loss development factors are utilized to project the future development of incurred losses, and these amounts are adjusted based upon actual claim experience and settlements. While we believe that the amounts are adequate, there can be no assurance that changes to our actuarial estimates may not occur due to limitations inherent in the estimation process. Changes in the actuarial estimates of these accruals are charged or credited to earnings in the period determined. Amounts estimated to be paid within the next year have been classified as “Accrued expenses and other current liabilities” with the remainder included in “Other non-current liabilities” in our Consolidated Balance Sheets. We also maintain additional insurance at certain amounts in excess of our respective underlying retention. Amounts recoverable from insurance companies are not offset against the related accrual as our insurance policies do not extinguish or provide legal release from the obligation to make payments related to such risk-related losses. Amounts expected to be received within the next year from insurance companies have been included within “Receivables, net” with the remainder included in “Direct financing leases and other assets” and are recognized only when realization of the claim for recovery is considered probable. The accrual for the related claim has been classified within “Accrued expenses and other current liabilities” if it is estimated to be paid within the next year, otherwise it has been classified in “Other non-current liabilities” in our Consolidated Balance Sheets.
Income Taxes	Income Taxes Our provision for income taxes is based on reported earnings before income taxes. Deferred taxes are recognized for the future tax effects of temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases using tax rates in effect for the years in which the differences are expected to reverse. The effects of changes in tax laws on deferred tax balances are recognized in the period the new legislation is enacted. Valuation allowances are recognized to reduce deferred tax assets to the amount that is more likely than not to be realized. In assessing the likelihood of realization, management considers estimates of future taxable income. We calculate our current and deferred tax position based on estimates and assumptions that could differ from the actual results reflected in income tax returns filed in subsequent years. Adjustments based on filed returns are recorded when identified. We are subject to tax audits in numerous jurisdictions in the U.S. and around the world. Tax audits by their very nature are often complex and can require several years to complete. In the normal course of business, we are subject to challenges from the Internal Revenue Service (IRS) and other tax authorities regarding amounts of taxes due. These challenges may alter the timing or amount of taxable income or deductions, or the allocation of income among tax jurisdictions. As part of our calculation of the provision for income taxes on earnings, we determine whether the benefits of our tax positions are at least more likely than not of being sustained upon audit based on the technical merits of the tax position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Such accruals require management to make estimates and judgments with respect to the ultimate outcome of a tax audit. Actual results could vary materially from these estimates. We adjust these reserves, including any impact on the related interest and penalties, in light of changing facts and circumstances, such as the progress of a tax audit. Interest and penalties related to income tax exposures are recognized as incurred and included in “Provision for income taxes” in our Consolidated Statements of Earnings. Accruals for income tax exposures, including penalties and interest, expected to be settled within the next year are included in “Accrued expenses and other current liabilities” with the remainder included in “Other non-current liabilities” in our Consolidated Balance Sheets. The federal benefit from state income tax exposures is included in “Deferred income taxes” in our Consolidated Balance Sheets.
Severance and Contract Termination Costs	Severance and Contract Termination Costs We recognize liabilities for severance and contract termination costs based upon the nature of the cost to be incurred. For involuntary separation plans that are completed within the guidelines of our written involuntary separation plan, we recognize the liability when it is probable and reasonably estimable. For one-time termination benefits, such as additional severance pay or benefit payouts, and other exit costs, such as contract termination costs, the liability is measured and recognized initially at fair value in the period in which the liability is incurred, with subsequent changes to the liability recognized as adjustments in the period of change. Severance related to position eliminations that are part of a restructuring plan is included in "Restructuring and other charges (recoveries), net” in the Consolidated Statements of Earnings. Severance costs that are not part of a restructuring plan are recognized as a direct cost of revenue or within “Selling, general and administrative expenses,” in the Consolidated Statements of Earnings depending upon the nature of the eliminated position.
Environmental Expenditures	Environmental Expenditures We recognize liabilities for environmental assessments and/or cleanup when it is probable a loss has been incurred and the costs can be reasonably estimated. Environmental liability estimates may include costs such as anticipated site testing, consulting, remediation, disposal, post-remediation monitoring and legal fees, as appropriate. The liability does not reflect possible recoveries from insurance companies or reimbursement of remediation costs by state agencies, but does include estimates of cost sharing with other potentially responsible parties. Estimates are not discounted, as the timing of the anticipated cash payments is not fixed or readily determinable. Subsequent adjustments to initial estimates are recognized as necessary based upon additional information developed in subsequent periods. In future periods, new laws or regulations, advances in remediation technology and additional information about the ultimate remediation methodology to be used could significantly change our estimates. Claims for reimbursement of remediation costs are recognized when recovery is deemed probable.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities We use financial instruments, including forward exchange contracts, futures, swaps and cap agreements to manage our exposures to movements in interest rates and foreign currency exchange rates. The use of these financial instruments modifies the exposure of these risks with the intent to reduce the risk or cost to us. We do not enter into derivative financial instruments for trading purposes. We limit our risk that counterparties to the derivative contracts will default and not make payments by entering into derivative contracts only with counterparties comprised of large banks and financial institutions that meet established credit criteria. We do not expect to incur any losses as a result of counterparty default. On the date a derivative contract is executed, we formally document, among other items, the intended hedging designation and relationship, along with the risk management objectives and strategies for entering into the derivative contract. We also formally assess, both at inception and on an ongoing basis, whether the derivatives we used in hedging transactions are highly effective in offsetting changes in fair values or cash flows of hedged items. Cash flows from derivatives that are accounted for as hedges are classified in the Consolidated Statements of Cash Flows in the same category as the items being hedged. When it is determined that a derivative is not highly effective as a hedge or that it has ceased to be a highly effective hedge, we discontinue hedge accounting prospectively. The hedging designation may be classified as one of the following: No Hedging Designation. The unrealized gain or loss on a derivative instrument not designated as an accounting hedging instrument is recognized immediately in earnings. Fair Value Hedge. A hedge of a recognized asset or liability or an unrecognized firm commitment is considered a fair value hedge. For fair value hedges, both the effective and ineffective portions of the changes in the fair value of the derivative, along with the gain or loss on the hedged item that is attributable to the hedged risk, are both recognized in earnings. Cash Flow Hedge. A hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability is considered a cash flow hedge. The effective portion of the change in the fair value of a derivative that is declared as a cash flow hedge is recognized net of tax in “Accumulated other comprehensive loss” until earnings are affected by the variability in cash flows of the designated hedged item. Net Investment Hedge . A hedge of a net investment in a foreign operation is considered a net investment hedge. The effective portion of the change in the fair value of the derivative used as a net investment hedge of a foreign operation is recognized in the currency translation adjustment account within “Accumulated other comprehensive loss.” The ineffective portion, if any, on the hedged item that is attributable to the hedged risk is recognized in earnings and reported in “Miscellaneous income, net” in the Consolidated Statements of Earnings.
Foreign Currency Translation	Foreign Currency Translation Our foreign operations generally use local currency as their functional currency. Assets and liabilities of these operations are translated at the exchange rates in effect on the balance sheet date. Items in the Consolidated Statements of Earnings are translated at the average exchange rates for the year. The impact of currency fluctuations is presented in “Changes in cumulative translation adjustment and other” in the Consolidated Statements of Comprehensive Income (Loss). Upon sale or upon complete or substantially complete liquidation of an investment in a foreign operation, the currency translation adjustment attributable to that operation is removed from accumulated other comprehensive loss and is reported as part of the gain or loss on sale or liquidation of the investment for the period during which the sale or liquidation occurs. Gains and losses resulting from foreign currency transactions are recognized in “Miscellaneous income, net” in the Consolidated Statements of Earnings.
Share-Based Compensation	Share-Based Compensation The fair value of stock option awards and nonvested stock awards other than restricted stock units (RSUs), is expensed on a straight-line basis over the vesting period of the awards. RSUs are expensed in the year they are granted. Cash flows from the tax benefits resulting from tax deductions in excess of the compensation expense recognized for those options (windfall tax benefits) are classified as financing cash flows on an award-by-award basis. Tax benefits resulting from tax deductions in excess of share-based compensation expense recognized are credited to additional paid-in capital in the Consolidated Balance Sheets. Realized tax shortfalls are first offset against the cumulative balance of windfall tax benefits, if any, and then charged directly to income tax expense. Tax shortfalls are classified as operating cash flows on an award-by-award basis, with no netting of amounts credited to equity from windfall tax benefits.
Earnings Per Share	Earnings Per Share Earnings per share is computed using the two-class method. The two-class method of computing earnings per share is an earnings allocation formula that determines earnings per share for common stock and any participating securities according to dividends declared (whether paid or unpaid) and participation rights in undistributed earnings. Restricted stock units are considered participating securities since the share-based awards contain a non-forfeitable right to dividend equivalents irrespective of whether the awards ultimately vest. Under the two-class method, earnings per common share are computed by dividing the sum of distributed earnings to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding for the period. In applying the two-class method, undistributed earnings are allocated to both common shares and participating securities based on the weighted average shares outstanding during the period. Diluted earnings per common share reflect the dilutive effect of potential common shares from stock options and other nonparticipating nonvested stock. The dilutive effect of stock options is computed using the treasury stock method, which assumes any proceeds that could be obtained upon the exercise of stock options would be used to purchase common shares at the average market price for the period. The assumed proceeds include the purchase price the grantee pays, the windfall tax benefit that we receive upon assumed exercise and the unrecognized compensation expense at the end of each period.
Share Repurchases	Share Repurchases Repurchases of shares of common stock are made periodically in open-market transactions and are subject to market conditions, legal requirements and other factors. The cost of share repurchases is allocated between common stock and retained earnings based on the amount of additional paid-in capital at the time of the share repurchase.
Defined Benefit Pension and Postretirement Benefit Plans	Defined Benefit Pension and Postretirement Benefit Plans The funded status of our defined benefit pension plans and postretirement benefit plans are recognized in the Consolidated Balance Sheets. The funded status is measured as the difference between the fair value of plan assets and the benefit obligation at December 31, the measurement date. The fair value of plan assets represents the current market value of contributions made to irrevocable trust funds, held for the sole benefit of participants, which are invested by the trust funds. For defined benefit pension plans, the benefit obligation represents the actuarial present value of benefits expected to be paid upon retirement based on estimated future compensation levels. For postretirement benefit plans, the benefit obligation represents the actuarial present value of postretirement benefits attributed to employee services already rendered. Overfunded plans, with the fair value of plan assets exceeding the benefit obligation, are aggregated and reported as a prepaid pension asset. Underfunded plans, with the benefit obligation exceeding the fair value of plan assets, are aggregated and reported as a pension and postretirement benefit liability. The current portion of pension and postretirement benefit liabilities represents the actuarial present value of benefits payable within the next year exceeding the fair value of plan assets (if funded), measured on a plan-by-plan basis. These liabilities are recognized in “Accrued expenses and other current liabilities” in the Consolidated Balance Sheets. Pension and postretirement benefit expense includes service cost, interest cost, expected return on plan assets (if funded), and amortization of prior service credit and net actuarial loss. Service cost represents the actuarial present value of participant benefits earned in the current year. The expected return on plan assets represents the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the obligation. Prior service credit represents the impact of negative plan amendments. Net actuarial losses arise as a result of differences between actual experience and assumptions or as a result of changes in actuarial assumptions. Net actuarial loss and prior service credit not recognized as a component of pension and postretirement benefit expense as they arise are recognized as "Change in net actuarial loss and prior service credit, net of tax" in the Consolidated Statements of Comprehensive Income (Loss). These pension and postretirement items are subsequently amortized as a component of pension and postretirement benefit expense over the remaining service period, if the majority of the employees are active, otherwise over the remaining life expectancy, provided such amounts exceed thresholds which are based upon the benefit obligation or the value of plan assets. The measurement of benefit obligations and pension and postretirement benefit expense is based on estimates and assumptions approved by management. These valuations reflect the terms of the plans and use participant-specific information such as compensation, age and years of service, as well as certain assumptions, including estimates of discount rates, expected return on plan assets, rate of compensation increases, interest rates and mortality rates.
Fair Value Measurements	Fair Value Measurements We carry various assets and liabilities at fair value in the Consolidated Balance Sheets. The most significant assets and liabilities are vehicles held for sale, which are stated at the lower of carrying amount or fair value less costs to sell, investments held in Rabbi Trusts and derivatives. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Fair value measurements are classified based on the following fair value hierarchy: Level 1 Quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access at the measurement date. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or model-derived valuations or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs for the asset or liability. These inputs reflect our own assumptions about the assumptions a market participant would use in pricing the asset or liability. When available, we use unadjusted quoted market prices to measure fair value and classify such measurements within Level 1. If quoted prices are not available, fair value is based upon model-driven valuations that use current market-based or independently sourced market parameters such as interest rates and currency rates. Items valued using these models are classified according to the lowest level input or value driver that is significant to the valuation. The carrying amounts reported in the Consolidated Balance Sheets for cash and cash equivalents, accounts receivable and accounts payable approximate fair value due to the immediate or short-term maturities of these financial instruments. Revenue earning equipment held for sale is measured at fair value on a nonrecurring basis and is stated at the lower of carrying amount or fair value less costs to sell. Investments held in Rabbi Trusts and derivatives are carried at fair value on a recurring basis. Investments held in Rabbi Trusts include exchange-traded equity securities and mutual funds. Fair values for these investments are based on quoted prices in active markets. For derivatives, fair value is based on model-driven valuations using the LIBOR rate or observable forward foreign exchange rates, which are observable at commonly quoted intervals for the full term of the financial instrument.

Revisions of Prior Period Fin41

Revisions of Prior Period Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract]
REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS	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 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 Depreciation expense 1,040.3 17.6 1,057.8 957.1 26.5 983.6 Accrued expenses and other non-current liabilities (48.7 ) (4.4 ) (53.1 ) (66.6 ) 2.2 (64.4 ) 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 Debt proceeds 839.7 125.8 965.5 557.0 — 557.0 Debt repaid, including capital lease obligations (280.7 ) (12.8 ) (293.5 ) (332.6 ) (46.6 ) (379.2 ) Net cash provided by financing activities from continuing operations 198.7 113.0 311.7 393.6 (46.5 ) 347.1 Purchases of property and revenue earning equipment (2,259.2 ) — (2,259.2 ) (2,140.5 ) 17.9 (2,122.6 ) Sale and leaseback of revenue earning equipment 125.8 (125.8 ) — — — — 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 ) The effects of this revision on our Consolidated Statements of Earnings were as follows (in millions except per share amounts): Year ended December 31, 2014 Year ended December 31, 2013 As Previously Reported Adjustment As Revised As Previously Reported Adjustment As Revised Cost of lease and rental (1) $ 2,039.3 (2.4 ) 2,036.9 $ 1,928.9 (3.4 ) 1,925.5 Interest expense 142.1 2.6 144.7 137.2 3.3 140.5 Earnings from continuing operations before income taxes 338.5 (0.2 ) 338.3 368.9 0.1 369.0 Provision for income taxes 118.1 (0.1 ) 118.0 125.7 — 125.7 Earnings from continuing operations 220.5 (0.3 ) 220.2 243.2 0.1 243.3 Net earnings 218.6 (0.3 ) 218.3 237.8 0.1 237.9 (1) Includes revised rent expense disclosed in Note 15 , " Leases ." 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 ) 36.3 Year ended December 31, 2013 387.2 0.1 387.2 The effects of this revision on our Consolidated Balance Sheet as of December 31, 2014 were as follows (in millions): As Previously Reported Adjustment As Revised Revenue earning equipment, net $ 6,994.4 207.5 7,201.9 Total assets (1) 9,676.0 174.9 9,850.9 Short-term debt and current portion of long-term debt 12.2 24.1 36.3 Accrued expenses and other current liabilities 520.5 (6.8 ) 513.7 Total current liabilities 1,093.6 17.2 1,110.8 Long-term debt 4,500.3 194.0 4,694.3 Other non-current liabilities 786.7 (3.4 ) 783.3 Deferred income taxes (1) 1,476.0 (32.7 ) 1,443.3 Total liabilities (1) 7,856.5 175.3 8,031.8 Retained earnings 1,450.9 (0.4 ) 1,450.5 Total shareholders’ equity 1,819.5 (0.4 ) 1,819.1 Total liabilities and shareholders’ equity (1) 9,676.0 174.9 9,850.9 _______________ (1) Adjustment includes reclassification of current deferred tax assets to non-current as discussed in Note 2 , " Recent Accounting Pronouncements ."

Restructuring and Other Charg42

Restructuring and Other Charges (Recoveries) (Tables)	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Components of restructuring and other (recoveries) charges, net	The following table summarizes the activities within, and components of, restructuring liabilities for 2015 , 2014 and 2013 (in thousands): Employee Termination Costs Other Charges Total Balance as of December 31, 2012 $ 3,147 1,728 4,875 Workforce reduction charges 84 — 84 Utilization (1) (2,891 ) (1,409 ) (4,300 ) Balance as of December 31, 2013 340 319 659 Workforce reduction charges 2,387 — 2,387 Utilization (1) (241 ) (319 ) (560 ) Balance as of December 31, 2014 2,486 — 2,486 Workforce reduction charges 8,830 — 8,830 CRSAL divestiture and RCT shut-down 3,225 — 3,225 Utilization (1) (2,208 ) — (2,208 ) Balance as of December 31, 2015 (2) $ 12,333 — 12,333 _________________ Note: The restructuring liabilities shown above are included in "Accrued expenses and other current liabilities" in the Consolidated Balance Sheets. (1) Principally represents cash payments. (2) The majority of the balance remaining for employee termination costs is expected to be paid by the end of 2016.
Restructuring and other (recoveries) charges, net that related to each segment	However, the applicable portion of the restructuring and other charges (recoveries), net that related to each segment in 2015 , 2014 and 2013 were as follows: Years ended December 31, 2015 2014 2013 (In thousands) Fleet Management Solutions $ 4,817 515 (470 ) Dedicated Transportation Solutions 250 154 — Supply Chain Solutions 7,033 797 — Central Support Services 2,125 921 — Total $ 14,225 2,387 (470 )

Receivables (Tables)

Receivables (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of receivables	December 31, 2015 2014 (In thousands) Trade $ 708,832 693,114 Direct financing leases 90,055 85,946 Other, primarily warranty and insurance 52,162 32,192 851,049 811,252 Allowance (15,560 ) (16,388 ) Total $ 835,489 794,864

Prepaid Expenses and Other Cu44

Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses and other current assets	December 31, 2015 2014 (In thousands) Restricted cash $ 5,352 13,499 Prepaid vehicle licenses 47,806 47,561 Prepaid operating taxes 18,510 15,208 Prepaid sales commission 11,446 12,255 Other 55,029 44,158 Total $ 138,143 132,681

Revenue Earning Equipment (Tabl

Revenue Earning Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Revenue Earning Equipment [Abstract]
Summary of revenue earning equipment	Estimated Useful Lives December 31, 2015 December 31, 2014 Cost Accumulated Depreciation Net Book Value (1) Cost Accumulated Depreciation Net Book Value (1) (In years) (In thousands) Held for use: Full service lease 3 — 12 $ 8,839,941 (2,723,605 ) 6,116,336 8,008,123 (2,598,140 ) 5,409,983 Commercial rental 4.5 — 12 2,811,715 (907,412 ) 1,904,303 2,570,081 (864,543 ) 1,705,538 Held for sale 496,634 (332,538 ) 164,096 312,698 (226,333 ) 86,365 Total $ 12,148,290 (3,963,555 ) 8,184,735 10,890,902 (3,689,016 ) 7,201,886 _______________ (1) Revenue earning equipment, net includes vehicles under capital leases of $47 million , less accumulated depreciation of $22 million , at December 31, 2015 and $48 million , less accumulated depreciation of $22 million , at December 31, 2014 .

Operating Property And Equipm46

Operating Property And Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of operating property and equipment	Estimated Useful Lives December 31, 2015 2014 (In years) (In thousands) Land — $ 203,543 201,089 Buildings and improvements 10 — 40 776,304 766,360 Machinery and equipment 3 — 10 709,173 663,616 Other 3 — 10 109,554 103,557 1,798,574 1,734,622 Accumulated depreciation (1,083,604 ) (1,035,028 ) Total $ 714,970 699,594

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 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 Management Solutions Dedicated Transportation Solutions Supply Chain Solutions Total (In thousands) Balance at January 1, 2014 Goodwill $ 223,204 40,808 148,928 412,940 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) 212,882 40,808 130,029 383,719 Acquisitions 11,839 — — 11,839 Foreign currency translation adjustment (1,826 ) — (703 ) (2,529 ) Balance at December 31, 2014 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 Reclassification to assets held for sale — — (852 ) (852 ) Foreign currency translation adjustment (1,859 ) — (1,183 ) (3,042 ) Balance at December 31, 2015 Goodwill 231,358 40,808 146,190 418,356 Accumulated impairment losses (10,322 ) — (18,899 ) (29,221 ) $ 221,036 40,808 127,291 389,135

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	December 31, 2015 2014 (In thousands) Indefinite lived intangible assets — Trade name $ 8,731 9,084 Finite lived intangible assets: Customer relationship intangibles 91,523 97,922 Other intangibles, primarily trade name 2,367 2,367 Accumulated amortization (45,736 ) (42,374 ) 48,154 57,915 Foreign currency translation adjustment (1,693 ) (380 ) Total $ 55,192 66,619

Direct Financing Leases and O49

Direct Financing Leases and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Direct Financing Leases And Other Assets [Abstract]
Direct financing leases and other assets	December 31, 2015 2014 (In thousands) Direct financing leases, net $ 347,703 331,065 Investments held in Rabbi Trusts 41,720 38,681 Contract incentives 23,691 21,475 Insurance receivables 28,999 13,957 Debt issuance costs 18,594 16,503 Prepaid pension asset 44,124 2,698 Interest rate swap agreements 5,421 4,565 Other 15,223 17,155 Total $ 525,475 446,099 Investments held in Rabbi Trusts are assets measured at fair value on a recurring basis, all of which are considered Level 1 of the fair value hierarchy. The following table presents the asset classes at December 31, 2015 and 2014: December 31, 2015 2014 (In thousands) Cash and cash equivalents $ 5,214 4,418 U.S. equity mutual funds 24,824 23,589 Foreign equity mutual funds 4,713 4,724 Fixed income mutual funds 6,969 5,950 Total Investments held in Rabbi Trusts $ 41,720 38,681

Accrued Expenses and Other Li50

Accrued Expenses and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Accrued Liabilities and Other Liabilities [Abstract]
Accrued Expenses and Other Liabilities	December 31, 2015 December 31, 2014 Accrued Expenses Non-Current Liabilities Total Accrued Expenses Non-Current Liabilities Total (In thousands) Salaries and wages $ 99,032 — 99,032 114,446 — 114,446 Deferred compensation 2,252 41,691 43,943 3,209 37,093 40,302 Pension benefits 3,790 484,892 488,682 3,739 444,657 448,396 Other postretirement benefits 1,624 20,002 21,626 2,112 26,889 29,001 Other employee benefits 8,956 9,706 18,662 7,172 19,276 26,448 Insurance obligations (1) 157,014 213,256 370,270 132,246 189,431 321,677 Environmental liabilities 3,791 6,554 10,345 3,877 8,002 11,879 Operating taxes 101,649 — 101,649 92,330 — 92,330 Income taxes 3,378 22,366 25,744 5,066 22,843 27,909 Interest 31,218 — 31,218 33,509 — 33,509 Deposits, mainly from customers 61,869 5,085 66,954 59,388 5,929 65,317 Deferred revenue 13,038 — 13,038 11,759 — 11,759 Acquisition holdbacks 2,081 — 2,081 3,817 2,187 6,004 Other 53,660 26,043 79,703 41,009 27,035 68,044 Total $ 543,352 829,595 1,372,947 513,679 783,342 1,297,021 _________________ (1) Insurance obligations are primarily comprised of self-insured claim liabilities.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Components of earnings from continuing operations before income taxes	The components of earnings from continuing operations before income taxes and the provision for income taxes from continuing operations were as follows: Years ended December 31, 2015 2014 2013 (In thousands) Earnings from continuing operations before income taxes: United States $ 408,757 275,630 302,809 Foreign 60,458 62,637 66,206 Total $ 469,215 338,267 369,015 Current tax expense (benefit) from continuing operations: Federal (1) $ (1,836 ) (230 ) 234 State (1) 5,748 6,396 4,194 Foreign 5,272 7,163 7,691 9,184 13,329 12,119 Deferred tax expense from continuing operations: Federal 135,585 90,056 98,076 State 20,111 12,429 15,399 Foreign (1,654 ) 2,228 146 154,042 104,713 113,621 Provision for income taxes from continuing operations $ 163,226 118,042 125,740 ______________ (1) Excludes federal and state tax benefits resulting from the exercise of stock options and vesting of restricted stock awards, which were credited directly to “Additional paid-in capital.”
Reconciliation of federal statutory tax rate with effective tax rate from continuing operations	A reconciliation of the federal statutory tax rate with the effective tax rate from continuing operations follows: Years ended December 31, 2015 2014 2013 (Percentage of pre-tax earnings) Federal statutory tax rate 35.0 35.0 35.0 Impact on deferred taxes for changes in tax rates (0.9 ) (0.9 ) 0.1 State income taxes, net of federal income tax benefit 5.0 5.2 4.0 Foreign rates varying from federal statutory tax rate (3.3 ) (3.7 ) (4.1 ) Tax reviews and audits (1.3 ) (1.1 ) (0.8 ) Other, net 0.3 0.4 (0.1 ) Effective tax rate 34.8 34.9 34.1
Summary of the increases (decreases) to net earnings from continuing operations from changes in tax laws	The following provides a summary of the increases (decreases) to net earnings from continuing operations from changes in tax laws by tax jurisdiction: Tax Jurisdiction Enactment Date Net Earnings (in thousands) 2015 Connecticut June 30, 2015 $1,616 Other Jurisdictions April 13, 2015 - November 18, 2015 $497 2014 New York March 31, 2014 $1,776 Rhode Island June 19, 2014 $626 2013 Puerto Rico June 30, 2013 $(503) United Kingdom July 17, 2013 $485
Components of net deferred income tax liability	The components of the net deferred income tax liability were as follows: December 31, 2015 2014 (In thousands) Deferred income tax assets: Self-insurance accruals $ 93,352 81,908 Net operating loss carryforwards 429,458 377,740 Alternative minimum taxes 10,727 10,727 Accrued compensation and benefits 76,363 68,626 Federal benefit on state tax positions 18,912 18,847 Pension benefits 148,671 157,082 Miscellaneous other accruals 32,763 33,090 810,246 748,020 Valuation allowance (14,991 ) (24,742 ) 795,255 723,278 Deferred income tax liabilities: Property and equipment bases difference (2,362,194 ) (2,149,574 ) Other (20,583 ) (16,996 ) (2,382,777 ) (2,166,570 ) Net deferred income tax liability $ (1,587,522 ) (1,443,292 )
Summary of activity related to unrecognized tax benefits	The following table summarizes the activity related to unrecognized tax benefits (excluding the federal benefit received from state positions): December 31, 2015 2014 2013 (In thousands) Balance at January 1 $ 60,482 56,813 52,271 Additions based on tax positions related to the current year 4,220 6,896 7,606 Reductions due to lapse of applicable statutes of limitation (3,962 ) (3,227 ) (3,064 ) Gross balance at December 31 60,740 60,482 56,813 Interest and penalties 4,912 5,125 5,756 Balance at December 31 $ 65,652 65,607 62,569

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Net investment in direct financing and sales-type leases	The net investment in direct financing and sales-type leases consisted of: December 31, 2015 2014 (In thousands) Total minimum lease payments receivable $ 684,600 659,551 Less: Executory costs (205,865 ) (210,241 ) Minimum lease payments receivable 478,735 449,310 Less: Allowance for uncollectibles (243 ) (288 ) Net minimum lease payments receivable 478,492 449,022 Unguaranteed residuals 52,885 55,992 Less: Unearned income (93,619 ) (88,003 ) Net investment in direct financing and sales-type leases 437,758 417,011 Current portion (90,055 ) (85,946 ) Non-current portion $ 347,703 331,065
Credit risk profile by creditworthiness category of direct financing lease receivables	The following table presents the credit risk profile by creditworthiness category of our direct financing lease receivables at December 31, 2015 : December 31, 2015 2014 (In thousands) Very low risk to low risk $ 203,388 198,496 Moderate 197,484 158,790 Moderately high to high risk 77,863 92,024 $ 478,735 449,310
Future minimum payments for leases	Future minimum payments for leases in effect at December 31, 2015 were as follows: As Lessor (1) As Lessee Operating Leases Direct Financing Leases Operating Leases (In thousands) 2016 $ 1,049,766 111,116 74,103 2017 857,397 93,215 39,265 2018 678,150 76,073 21,675 2019 481,790 60,062 14,066 2020 298,659 50,402 6,896 Thereafter 241,589 87,867 17,420 Total $ 3,607,351 478,735 173,425 ____________________ (1) Amounts do not include contingent rentals, which may be received under certain leases on the basis of miles or changes in the Consumer Price Index. Contingent rentals from operating leases included in revenue were $ 329 million in 2015 and $ 318 million in both 2014 and 2013 . Contingent rentals from direct financing leases included in revenue were $12 million in 2015 and $11 million in each of 2014 and 2013 .

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt	Weighted-Average Interest Rate December 31, December 31, 2015 2014 Maturities 2015 2014 (In thousands) Short-term debt and current portion of long-term debt: Short-term debt 2.26 % 1.30 % $ 35,947 3,773 Current portion of long-term debt, including capital leases 598,583 32,511 Total short-term debt and current portion of long-term debt 634,530 36,284 Total long-term debt: U.S. commercial paper (1) 0.55 % 0.35 % 2020 547,130 276,694 Global revolving credit facility 2.31 % 1.60 % 2020 25,291 11,190 Unsecured U.S. notes – Medium-term notes (1) 2.84 % 3.29 % 2016-2025 4,112,519 3,772,159 Unsecured U.S. obligations, principally bank term loans 1.73 % 0.76 % 2018 50,000 110,500 Unsecured foreign obligations 1.92 % 2.01 % 2016-2020 275,661 295,776 Asset backed U.S. obligations (2) 1.81 % 1.81 % 2016-2022 434,001 218,137 Capital lease obligations 3.31 % 3.65 % 2016-2022 32,054 37,560 Total before fair market value adjustment 5,476,656 4,722,016 Fair market value adjustment on notes subject to hedging (3) 5,253 4,830 5,481,909 4,726,846 Current portion of long-term debt, including capital leases (598,583 ) (32,511 ) Long-term debt 4,883,326 4,694,335 Total debt $ 5,517,856 4,730,619 _________________ (1) We had unamortized original issue discounts of $8 million at December 31, 2015 and 2014 . (2) Asset-backed U.S. obligations are related to financing transactions involving revenue earning equipment. See Note 3 , " Revision of Prior Period Financial Statements " for further information related to our evaluation of accounting for these transactions. (3) The notional amount of the executed interest rate swaps designated as fair value hedges was $825 million and $ 600 million at December 31, 2015 and 2014 , respectively. Refer to Note 17 , " Derivatives ", for additional information.
Maturities of debt	Maturities of total debt are as follows: Capital Leases Debt (In thousands) 2016 $ 8,469 928,722 2017 9,550 750,009 2018 7,135 783,177 2019 6,132 1,060,365 2020 639 1,645,441 Thereafter 2,241 312,835 Total 34,166 5,480,549 Imputed interest (2,112 ) Present value of minimum capitalized lease payments 32,054 Current portion (7,720 ) Long-term capitalized lease obligation $ 24,334

Guarantees (Tables)

Guarantees (Tables)	12 Months Ended
	Dec. 31, 2015
Guarantees [Abstract]
Letters of credit and surety bonds outstanding	At December 31, 2015 and 2014 , we had letters of credit and surety bonds outstanding, which primarily guarantee various insurance activities as noted in the following table: December 31, 2015 2014 (In thousands) Letters of credit $ 241,022 234,482 Surety bonds 104,632 99,831

Accumulated Other Comprehensi55

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Summary of components 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) January 1, 2013 $ 57,860 (648,113 ) 2,634 (587,619 ) Amortization — 22,820 (1,340 ) 21,480 Other current period change (21,985 ) 147,410 2,466 127,891 December 31, 2013 35,875 (477,883 ) 3,760 (438,248 ) Amortization — 14,866 (2,676 ) 12,190 Pension lump sum settlement expense — 61,333 — 61,333 Other current period change (71,962 ) (184,257 ) 674 (255,545 ) December 31, 2014 (36,087 ) (585,941 ) 1,758 (620,270 ) Amortization — 19,505 (1,411 ) 18,094 Other current period change (99,933 ) (10,557 ) (69 ) (110,559 ) December 31, 2015 $ (136,020 ) (576,993 ) 278 (712,735 ) _______________________ (1) These amounts are included in the computation of net periodic pension cost and pension settlement charge. See Note 23 , " Employee Benefit Plans ," for further information.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 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: Years ended December 31, 2015 2014 2013 (In thousands, except per share amounts) Earnings per share — Basic: Earnings from continuing operations $ 305,989 220,225 243,275 Less: Distributed and undistributed earnings allocated to nonvested stock (877 ) (858 ) (2,173 ) Earnings from continuing operations available to common shareholders — Basic $ 305,112 219,367 241,102 Weighted average common shares outstanding— Basic 52,814 52,536 51,617 Earnings from continuing operations per common share — Basic $ 5.78 4.18 4.67 Earnings per share — Diluted: Earnings from continuing operations $ 305,989 220,225 243,275 Less: Distributed and undistributed earnings allocated to unvested stock (872 ) (853 ) (2,159 ) Earnings from continuing operations available to common shareholders — Diluted $ 305,117 219,372 241,116 Weighted average common shares outstanding— Basic 52,814 52,536 51,617 Effect of dilutive equity awards 446 500 454 Weighted average common shares outstanding— Diluted 53,260 53,036 52,071 Earnings from continuing operations per common share — Diluted $ 5.73 4.14 4.63 Anti-dilutive equity awards and market-based restrictive stock rights not included above 392 161 785

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 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 related income tax benefits recognized in 2015 , 2014 and 2013 : Years ended December 31, 2015 2014 2013 (In thousands) Stock option and stock purchase plans $ 8,048 9,023 8,303 Unvested stock awards 13,133 11,882 11,007 Share-based compensation expense 21,181 20,905 19,310 Income tax benefit (7,271 ) (7,300 ) (6,224 ) Share-based compensation expense, net of tax $ 13,910 13,605 13,086
Summary of share-based compensation expense recognized related to cash awards	The following table is a summary of compensation expense recognized related to cash awards in addition to share-based compensation expense reported in the previous table. Years ended December 31 2015 2014 2013 (In thousands) Cash awards $ 532 1,900 996
Summary of stock option activity	The following is a summary of option activity under our stock option plans as of and for the year ended December 31, 2015 : Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term Aggregate Intrinsic Value (In thousands) (In years) (In thousands) Options outstanding at January 1 1,269 $ 58.03 Granted 363 93.55 Exercised (282 ) 54.26 Forfeited or expired (87 ) 71.63 Options outstanding at December 31 1,263 $ 68.13 6.6 $ 3,326 Vested and expected to vest at December 31 1,238 $ 67.63 6.1 $ 3,358 Exercisable at December 31 588 $ 53.72 4.4 $ 3,339
Summary of Nonvested stock awards	The following is a summary of the status of Ryder’s unvested restricted stock awards as of and for the year ended December 31, 2015 : Time-Vested Market-Based Performance-Based Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value (In thousands) (In thousands) (In thousands) Unvested stock outstanding at January 1 514 $ 61.83 94 $ 50.27 47 $ 68.29 Granted (1) 90 91.84 19 89.40 42 93.05 Vested (1) (102) 53.95 (46) 43.38 — — Forfeited (2) (29) 74.06 (5) 56.98 (13) 60.57 Unvested stock outstanding at December 31 473 $ 68.50 62 $ 66.97 76 $ 83.31 (1) Includes awards attained above target. (2) Includes awards canceled due to performance and market conditions not being achieved.
Weighted-average assumptions used for options granted	The following table presents the weighted-average assumptions used for options granted: Years ended December 31, 2015 2014 2013 Option plans: Expected dividends 1.6% 1.9% 2.1% Expected volatility 26.4% 29.1% 35.1% Risk-free rate 1.4% 1.3% 0.7% Expected term in years 4.3 years 4.3 years 4.3 years Grant-date fair value $18.47 $14.99 $13.97

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Pension expense from continuing operations	Pension expense from continuing operations was as follows: Years ended December 31, 2015 2014 2013 (In thousands) Company-administered plans: Service cost $ 13,820 13,023 15,991 Interest cost 88,013 100,909 89,682 Expected return on plan assets (98,892 ) (115,410 ) (106,150 ) Pension lump sum settlement expense — 97,231 — Census data adjustment — — 3,905 Amortization of: Net actuarial loss 30,741 23,573 35,282 Prior service credit (306 ) (1,788 ) (1,818 ) 33,376 117,538 36,892 Union-administered plans 8,328 21,118 11,226 Net pension expense $ 41,704 138,656 48,118 Company-administered plans: U.S. $ 34,986 118,797 37,636 Foreign (1,610 ) (1,259 ) (744 ) 33,376 117,538 36,892 Union-administered plans 8,328 21,118 11,226 $ 41,704 138,656 48,118
Summary of weighted-average actuarial assumptions	The following table sets forth the weighted-average actuarial assumptions used for Ryder’s pension plans in determining annual pension expense: U.S. Plans Years ended December 31, Foreign Plans Years ended December 31, 2015 2014 2013 2015 2014 2013 Discount rate 4.15% 5.00% 4.10% 3.70% 4.57% 4.43% Rate of increase in compensation levels 3.00% 3.00% 4.00% 3.10% 3.09% 3.55% Expected long-term rate of return on plan assets 5.95% 6.50% 6.80% 5.50% 5.94% 6.57% Gain and loss amortization period (years) 23 23 23 27 27 26 The following table sets forth the weighted-average actuarial assumptions used in determining funded status: U.S. Plans December 31, Foreign Plans December 31, 2015 2014 2015 2014 Discount rate 4.50% 4.15% 4.00% 3.70% Rate of increase in compensation levels 3.00% 3.00% 3.10% 3.10%
Summary of benefit obligations, assets and funded status	The following table sets forth the benefit obligations, assets and funded status associated with our pension plans: December 31, 2015 2014 (In thousands) Change in benefit obligations: Benefit obligations at January 1 $ 2,221,115 2,104,749 Service cost 13,820 13,023 Interest cost 88,013 100,909 Actuarial (gain) loss (98,996 ) 380,595 Pension settlement — (259,319 ) Benefits paid (98,528 ) (87,020 ) Foreign currency exchange rate changes (33,580 ) (31,822 ) Benefit obligations at December 31 2,091,844 2,221,115 Change in plan assets: Fair value of plan assets at January 1 1,775,417 1,832,490 Actual return on plan assets (29,024 ) 178,061 Employer contribution 33,746 107,483 Benefits paid (98,528 ) (87,020 ) Pension settlement — (223,654 ) Foreign currency exchange rate changes (34,325 ) (31,943 ) Fair value of plan assets at December 31 1,647,286 1,775,417 Funded status $ (444,558 ) (445,698 ) Funded percent 79 % 80 %
Amounts recognized in the Consolidated Balance Sheets	The funded status of our pension plans was presented in the Consolidated Balance Sheets as follows: December 31, 2015 2014 (In thousands) Noncurrent asset $ 44,124 2,698 Current liability (3,790 ) (3,739 ) Noncurrent liability (484,892 ) (444,657 ) Net amount recognized $ (444,558 ) (445,698 )
Amounts recognized in accumulated other comprehensive loss (pre-tax)	Amounts recognized in accumulated other comprehensive loss (pre-tax) consisted of: December 31, 2015 2014 (In thousands) Prior service credit $ — (195 ) Net actuarial loss 905,944 905,976 Net amount recognized $ 905,944 905,781
Summary of pension obligations greater than fair value of related plan assets	At December 31, 2015 and 2014 , our pension obligations (accumulated benefit obligations (ABO), and projected benefit obligations (PBO)), greater than the fair value of related plan assets for our U.S. and foreign plans were as follows: U.S. Plans December 31, Foreign Plans December 31, Total December 31, 2015 2014 2015 2014 2015 2014 (In thousands) Total accumulated benefit obligations $ 1,640,844 1,689,191 423,555 487,604 2,064,399 2,176,795 Plans with pension obligations in excess of plan assets: PBO 1,671,949 1,728,643 7,916 9,172 1,679,865 1,737,815 ABO 1,640,844 1,689,191 6,793 5,620 1,647,637 1,694,811 Fair value of plan assets 1,191,182 1,289,621 — — 1,191,182 1,289,621
Fair value of each major category of pension plan assets and the level of inputs used to measure fair value	The following table presents the fair value of each major category of pension plan assets and the level of inputs used to measure fair value as of December 31, 2015 and 2014 : Fair Value Measurements at Asset Category Total Level 1 Level 2 Level 3 (In thousands) Equity securities: U.S. common collective trusts $ 387,123 — 387,123 — Foreign common collective trusts 374,858 — 374,858 — Fixed income securities: Corporate bonds 64,834 — 64,834 — Common collective trusts 719,840 — 719,840 — Private equity and hedge funds 100,631 — — 100,631 Total $ 1,647,286 — 1,546,655 100,631 Fair Value Measurements at Asset Category Total Level 1 Level 2 Level 3 (In thousands) Equity securities: U.S. common collective trusts $ 421,185 — 421,185 — Foreign common collective trusts 405,224 — 405,224 — Fixed income securities: Corporate bonds 70,999 — 70,999 — Common collective trusts 788,282 — 788,282 — Private equity and hedge funds 89,727 — — 89,727 Total $ 1,775,417 — 1,685,690 89,727
Summary of changes in fair value of the pension plans Level 3 assets	The following table presents a summary of changes in the fair value of the pension plans’ Level 3 assets for the years ended December 31, 2015 and 2014 : 2015 2014 (In thousands) Beginning balance at January 1 $ 89,727 76,499 Return on plan assets: Relating to assets still held at the reporting date 5,399 4,903 Relating to assets sold during the period 226 1,882 Purchases, sales, settlements and expenses 5,279 6,443 Ending balance at December 31 $ 100,631 89,727
Pension benefits expected to be paid	The following table details pension benefits expected to be paid in each of the next five fiscal years and in aggregate for the five fiscal years thereafter: (In thousands) 2016 $ 100,116 2017 102,692 2018 107,483 2019 112,019 2020 115,863 2021-2025 632,110
Schedule of multi-employer plan	Among other factors, plans in the red zone are generally less than sixty-five percent funded, plans in the yellow zone are less than eighty percent funded, and plans in the green zone are at least eighty percent funded. Pension Protection Act Zone Status Ryder Contributions Expiration Date(s) of Collective-Bargaining Agreement(s) Pension Fund Employer Identification Number 2015 2014 FIP/RP Status Pending/ Implemented (1) 2015 2014 2013 Surcharge Imposed (Dollars in thousands) Western Conference Teamsters 91-6145047 Green Green No $ 2,430 2,315 2,180 No 1/12/18 to 6/30/19 IAM National 51-6031295 Green Green No 3,801 3,311 2,987 No 3/31/16 to 9/30/19 Automobile Mechanics 36-6042061 Red Red RP Adopted 1,902 1,632 1,530 Yes 5/31/16 to 10/31/17 Other funds 704 1,296 1,709 Total contributions 8,837 8,554 8,406 Pension settlement (benefit) charges (509 ) 12,564 2,820 Union-administered plans $ 8,328 21,118 11,226 _____________ (1) The “FIP/RP Status Pending/Implemented” column indicates plans for which a financial improvement plan (FIP) or a rehabilitation plan (RP) is either pending or has been implemented.
Weighted-average discount rates used in determining annual postretirement benefit expense	The following table sets forth the weighted-average discount rates used in determining annual postretirement benefit expense: U.S. Plan Years ended December 31, Foreign Plan Years ended December 31, 2015 2014 2013 2015 2014 2013 Discount rate 4.15% 5.00% 4.10% 4.00% 4.80% 4.00%
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Pension expense from continuing operations	Total postretirement benefit expense was as follows: Years ended December 31, 2015 2014 2013 (In thousands) Service cost $ 363 446 981 Interest cost 1,097 1,421 1,580 Amortization of: Net actuarial gain (1,773 ) (725 ) (14 ) Prior service credit (1,083 ) (2,459 ) (231 ) Postretirement benefit (income) expense $ (1,396 ) (1,317 ) 2,316 U.S. $ (1,887 ) (1,839 ) 1,625 Foreign 491 522 691 $ (1,396 ) (1,317 ) 2,316
Summary of weighted-average actuarial assumptions	Assumptions used in determining accrued postretirement benefit obligations were as follows: U.S. Plan December 31, Foreign Plan December 31, 2015 2014 2015 2014 Discount rate 4.50 % 4.15 % 4.00 % 4.00 % Rate of increase in compensation levels 3.00 % 3.00 % 3.00 % 3.00 % Healthcare cost trend rate assumed for next year 6.75 % 7.00 % 5.50 % 6.00 % Rate to which the cost trend rate is assumed to decline (ultimate trend rate) 5.00 % 5.00 % 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate 2023 2023 2017 2017
Amounts recognized in the Consolidated Balance Sheets	Amounts recognized in the Consolidated Balance Sheets consisted of: December 31, 2015 2014 (In thousands) Current liability $ 1,624 2,112 Noncurrent liability 20,002 26,889 Amount recognized $ 21,626 29,001
Amounts recognized in accumulated other comprehensive loss (pre-tax)	Amounts recognized in accumulated other comprehensive loss (pre-tax) consisted of: December 31, 2015 2014 (In thousands) Prior service credit $ (616 ) (2,527 ) Net actuarial gain (11,825 ) (5,933 ) Net amount recognized $ (12,441 ) (8,460 )
Pension benefits expected to be paid	The following table details other postretirement benefits expected to be paid in each of the next five fiscal years and in aggregate for the five fiscal years thereafter: (In thousands) 2016 $ 1,646 2017 1,640 2018 1,631 2019 1,620 2020 1,591 2021-2025 7,464
Benefit obligations associated with postretirement benefit plans	The following table sets forth the benefit obligations associated with our postretirement benefit plans: December 31, 2015 2014 (In thousands) Benefit obligations at January 1 $ 29,001 30,788 Service cost 363 446 Interest cost 1,097 1,421 Actuarial gain (6,164 ) (1,010 ) Benefits paid (1,468 ) (1,989 ) Foreign currency exchange rate changes (1,203 ) (655 ) Benefit obligations at December 31 $ 21,626 29,001

Other Items Impacting Compara59

Other Items Impacting Comparability (Tables)	12 Months Ended
	Dec. 31, 2015
Other Items Impacting Comparability [Abstract]
Other Items Impacting Comparability	Excluding these items from our segment measure of performance allows for better year over year comparison: Years ended December 31, 2015 2014 2013 (In thousands) Pension lump sum settlement loss (1) $ — (97,231 ) — Pension settlement benefit (charges) (1) 509 (12,564 ) (2,820 ) Restructuring and other (charges) recoveries, net (2) (14,225 ) (2,387 ) 470 Acquisition-related tax adjustment — (1,808 ) — Acquisition transaction costs — (566 ) — Consulting fees (3,843 ) (400 ) — Foreign currency translation benefit — — 1,904 Superstorm Sandy vehicle-related recoveries — — 600 Restructuring and other (charges) recoveries, net and other items $ (17,559 ) (114,956 ) 154 _______________ (1) Refer to Note 23 , " Employee Benefit Plans ," for additional information. (2) Refer to Note 5 , " Restructuring and Other Charges (Recoveries) ," for additional information.

Supplemental Cash Flow Inform60

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental cash flow information	Supplemental cash flow information was as follows: Years ended December 31, 2015 2014 2013 (In thousands) Interest paid $ 144,973 139,595 132,946 Income taxes paid 13,379 11,382 13,063 Changes in accounts payable related to purchases of revenue earning equipment 28,134 39,071 43,745 Operating and revenue earning equipment acquired under capital leases 5,959 7,972 5,698

Miscellaneous Income, Net (Tabl

Miscellaneous Income, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Other Income and Expenses [Abstract]
Schedule of miscellaneous income, net	Years ended December 31, 2015 2014 2013 Gains on sales of operating property and equipment $ 3,045 2,909 1,020 Business interruption insurance recoveries — 808 2,743 Contract settlement 55 3,014 — Foreign currency translation benefit (1) — — 1,904 Foreign currency transaction gains/(losses) 1,945 (210 ) 40 Rabbi trust investment income 632 2,726 4,475 Other, net 4,479 4,366 5,190 Total $ 10,156 13,613 15,372 ____________________________ (1) Refer to Note 25 , " Other Items Impacting Comparability ," for additional information

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Business segment revenue and EBT from continuing operations	Business segment revenue and EBT from continuing operations is as follows: Years ended December 31, 2015 2014 2013 (In thousands) Revenue: Fleet Management Solutions: Full service lease $ 2,220,929 2,102,703 2,016,570 Commercial rental 900,624 836,719 753,456 Full service lease and commercial rental 3,121,553 2,939,422 2,770,026 Contract maintenance 190,989 182,411 178,001 Contract-related maintenance 200,148 196,841 186,580 Other 77,625 71,064 72,029 Fuel services revenue 538,277 787,887 829,586 Total Fleet Management Solutions from external customers 4,128,592 4,177,625 4,036,222 Inter-segment revenue 417,100 478,133 458,464 Fleet Management Solutions 4,545,692 4,655,758 4,494,686 Dedicated Transportation Solutions 895,538 899,802 831,599 Supply Chain Solutions 1,547,763 1,561,347 1,551,464 Eliminations (417,100 ) (478,133 ) (458,464 ) Total revenue $ 6,571,893 6,638,774 6,419,285 EBT: Fleet Management Solutions $ 462,109 433,736 344,169 Dedicated Transportation Solutions 45,800 44,556 40,926 Supply Chain Solutions 93,754 77,800 89,033 Eliminations (47,193 ) (41,361 ) (35,489 ) $ 554,470 514,731 438,639 Unallocated Central Support Services (48,510 ) (51,740 ) (45,493 ) Non-operating pension costs (19,186 ) (9,768 ) (24,285 ) Restructuring and other (charges) recoveries, net and other items (1) (17,559 ) (114,956 ) 154 Earnings before income taxes from continuing operations $ 469,215 338,267 369,015 ______________ (1) See Note 25 , “ Other Items Impacting Comparability ,” for a discussion of items excluded from our primary measure of segment performance.
Share-based compensation, depreciation expense, gains on vehicle sales, net, other non-cash charges, net, interest expense (income), capital expenditures and total assets	The following table sets forth share-based compensation expense, depreciation expense, gains on vehicle sales, net, amortization expense and other non-cash charges, net, interest expense (income), capital expenditures paid and total assets for the years ended December 31, 2015 , 2014 and 2013 as provided to the chief operating decision-maker for each of Ryder’s reportable business segments. The table reflects the reclassification of current deferred tax assets to non-current as discussed in Note 2 , " Recent Accounting Pronouncements ": FMS DTS SCS CSS Eliminations Total (In thousands) 2015 Share-based compensation expense $ 5,672 1,155 3,400 10,954 — 21,181 Depreciation expense (1) $ 1,110,706 3,184 25,721 311 — 1,139,922 Gains on vehicles sales, net $ (117,714 ) (54 ) (41 ) — — (117,809 ) Amortization expense and other non-cash charges, net $ 36,348 1,878 2,971 29,565 — 70,762 Interest expense (income) (2) $ 154,276 (1,597 ) (2,174 ) (71 ) — 150,434 Capital expenditures paid $ 2,595,961 3,570 27,841 40,606 — 2,667,978 Total assets $ 10,076,321 275,634 636,647 202,129 (222,922 ) 10,967,809 2014 Share-based compensation expense $ 4,895 720 3,661 11,629 — 20,905 Depreciation expense (1) $ 1,028,781 3,211 25,636 185 — 1,057,813 Gains on vehicles sales, net $ (126,410 ) 5 (419 ) — — (126,824 ) Pension lump sum settlement expense $ 76,239 3,335 3,277 14,380 — 97,231 Amortization expense and other non-cash charges, net $ 19,936 516 1,309 25,502 — 47,263 Interest expense (income) (2) $ 147,247 (1,520 ) (807 ) (181 ) — 144,739 Capital expenditures paid (3) $ 2,166,319 1,883 20,941 70,021 — 2,259,164 Total assets $ 9,011,883 211,388 673,876 193,484 (239,760 ) 9,850,871 2013 Share-based compensation expense $ 4,979 851 4,083 9,397 — 19,310 Depreciation expense (1) $ 953,193 3,335 26,225 857 — 983,610 Gains on vehicle sales, net $ (96,011 ) (117 ) (47 ) — — (96,175 ) Amortization expense and other non-cash charges, net $ 19,071 946 2,694 33,678 — 56,389 Interest expense (income) (2) $ 142,555 (1,316 ) (548 ) (228 ) — 140,463 Capital expenditures paid (3) $ 2,074,708 1,563 21,114 25,243 — 2,122,628 Total assets $ 8,404,606 203,563 640,837 154,024 (234,690 ) 9,168,340 ____________ (1) Depreciation expense associated with CSS assets was allocated to business segments based upon estimated and planned asset utilization. Depreciation expense totaling $22 million , $21 million and $14 million during 2015 , 2014 and 2013 , respectively, associated with CSS assets was allocated to other business segments. (2) Interest expense was primarily allocated to the FMS segment since such borrowings were used principally to fund the purchase of revenue earning equipment used in FMS; however, interest income was also reflected in DTS and SCS based on targeted segment leverage ratios. (3) Excludes acquisition payments of $10 million and $2 million in 2014 and 2013 , respectively. See Note 4 , “ Acquisitions ,” for additional information.
Geographic Information	Geographic Information Years ended December 31, 2015 2014 2013 (In thousands) Revenue: United States $ 5,603,697 5,614,037 5,411,376 Foreign: Canada 408,325 435,280 455,440 Europe 391,339 400,853 372,209 Mexico 139,583 158,481 161,279 Asia 28,949 30,123 18,981 968,196 1,024,737 1,007,909 Total $ 6,571,893 6,638,774 6,419,285 Long-lived assets: United States $ 7,817,628 6,790,946 6,098,635 Foreign: Canada 504,027 530,316 529,880 Europe 545,630 553,467 568,850 Mexico 31,993 26,230 29,008 Asia 427 521 279 1,082,077 1,110,534 1,128,017 Total $ 8,899,705 7,901,480 7,226,652

Quarterly Information (Unaudi63

Quarterly Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Information	Earnings from Continuing Operations Earnings from Continuing Operations per Common Share Net Earnings per Common Share Revenue Net Earnings Basic Diluted Basic Diluted (In thousands, except per share amounts) 2015 First quarter $ 1,567,153 53,326 52,789 1.01 1.00 1.00 0.99 Second quarter 1,662,931 85,917 85,159 1.62 1.61 1.61 1.59 Third quarter 1,669,066 90,811 90,619 1.71 1.70 1.71 1.69 Fourth quarter 1,672,743 75,935 76,201 1.43 1.42 1.44 1.43 Full year $ 6,571,893 305,989 304,768 5.78 5.73 5.75 5.71 2014 First quarter $ 1,610,737 49,126 48,260 0.93 0.92 0.91 0.90 Second quarter 1,684,571 75,721 75,385 1.43 1.42 1.43 1.41 Third quarter 1,687,150 83,895 83,617 1.60 1.58 1.59 1.57 Fourth quarter 1,656,316 11,483 11,079 0.22 0.22 0.21 0.21 Full year $ 6,638,774 220,225 218,341 4.18 4.14 4.14 $ 4.11 Note: EPS amounts may not be additive due to rounding.

Summary of Significant Accoun64

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Accounting Policies [Abstract]
Maximum amount of insurance risk of loss retained per occurrence	$ 3,000,000

Recent Accounting Pronounceme65

Recent Accounting Pronouncements (Details) - New Accounting Pronouncement, Early Adoption, Effect - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred tax liabilities	$ 22	$ 33
Unamortized debt issuance costs	$ 15

Revisions of Prior Period Fin66

Revisions of Prior Period Financial Statements Consolidated Statement of Earnings (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of lease and rental									$ 2,153,450	$ 2,036,881	$ 1,925,546
Interest expense									150,434	144,739	140,463
Earnings from continuing operations before income taxes									469,215	338,267	369,015
Provision for income taxes									163,226	118,042	125,740
Earnings from Continuing Operations	$ 75,935	$ 90,811	$ 85,917	$ 53,326	$ 11,483	$ 83,895	$ 75,721	$ 49,126	305,989	220,225	243,275
Net earnings	$ 76,201	$ 90,619	$ 85,159	$ 52,789	$ 11,079	$ 83,617	$ 75,385	$ 48,260	$ 304,768	218,341	237,871
Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of lease and rental										(2,400)	(3,400)
Interest expense										2,600	3,300
Earnings from continuing operations before income taxes										(200)	100
Provision for income taxes										(100)	0
Earnings from Continuing Operations										(300)	100
Net earnings										(300)	100
As Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of lease and rental										2,039,300	1,928,900
Interest expense										142,100	137,200
Earnings from continuing operations before income taxes										338,500	368,900
Provision for income taxes										118,100	125,700
Earnings from Continuing Operations										220,500	243,200
Net earnings										$ 218,600	$ 237,800

Revisions of Prior Period Fin67

Revisions of Prior Period Financial Statements Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Comprehensive income	$ 212,303	$ 36,319	$ 387,242
As Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Comprehensive income		36,600	387,200
Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Comprehensive income		$ (200)	$ 100

Revisions of Prior Period Fin68

Revisions of Prior Period Financial Statements Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue earning equipment, net	$ 8,184,735	$ 7,201,886
Total assets	10,967,809	9,850,871	$ 9,168,340
Short-term debt and current portion of long-term debt	634,530	36,284
Accrued expenses and other current liabilities	543,352	513,679
Total current liabilities	1,680,255	1,110,815
Long-term debt	4,883,326	4,694,335
Other non-current liabilities	829,595	783,342
Deferred income taxes (1)	1,587,522	1,443,292
Total liabilities	8,980,698	8,031,784
Retained earnings	1,667,080	1,450,509
Total shareholders’ equity	1,987,111	1,819,087	$ 1,896,561	$ 1,467,255
Total liabilities and shareholders’ equity (1)	$ 10,967,809	9,850,871
As Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue earning equipment, net		6,994,400
Total assets		9,676,000
Short-term debt and current portion of long-term debt		12,200
Accrued expenses and other current liabilities		520,500
Total current liabilities		1,093,600
Long-term debt		4,500,300
Other non-current liabilities		786,700
Deferred income taxes (1)		1,476,000
Total liabilities		7,856,500
Retained earnings		1,450,900
Total shareholders’ equity		1,819,500
Total liabilities and shareholders’ equity (1)		9,676,000
Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue earning equipment, net		207,500
Total assets		174,900
Short-term debt and current portion of long-term debt		24,100
Accrued expenses and other current liabilities		(6,800)
Total current liabilities		17,200
Long-term debt		194,000
Other non-current liabilities		(3,400)
Deferred income taxes (1)		(32,700)
Total liabilities		175,300
Retained earnings		(400)
Total shareholders’ equity		(400)
Total liabilities and shareholders’ equity (1)		$ 174,900

Revisions of Prior Period Fin69

Revisions of Prior Period Financial Statements Consolidated Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net earnings	$ 76,201	$ 90,619	$ 85,159	$ 52,789	$ 11,079	$ 83,617	$ 75,385	$ 48,260	$ 304,768	$ 218,341	$ 237,871
Depreciation expense									1,139,922	1,057,813	983,610
Accrued expenses and other non-current liabilities									(18,751)	(53,109)	(64,423)
Net cash provided by operating activities from continuing operations									1,441,788	1,382,818	1,251,811
Debt proceeds									1,283,223	965,533	556,989
Debt repaid, including capital lease obligations									(798,311)	(293,488)	(379,189)
Net cash provided by financing activities from continuing operations									731,485	311,650	347,070
Purchases of property and revenue earning equipment									(2,667,978)	(2,259,164)	(2,122,628)
Sale and leaseback of revenue earning equipment										0	0
Net cash used in investing activities from continuing operations									$ (2,161,355)	(1,704,510)	(1,603,818)
As Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net earnings										218,600	237,800
Depreciation expense										1,040,300	957,100
Accrued expenses and other non-current liabilities										(48,700)	(66,600)
Net cash provided by operating activities from continuing operations										1,370,000	1,223,100
Debt proceeds										839,700	557,000
Debt repaid, including capital lease obligations										(280,700)	(332,600)
Net cash provided by financing activities from continuing operations										198,700	393,600
Purchases of property and revenue earning equipment										(2,259,200)	(2,140,500)
Sale and leaseback of revenue earning equipment										125,800	0
Net cash used in investing activities from continuing operations										(1,578,700)	(1,621,700)
Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net earnings										(300)	100
Depreciation expense										17,600	26,500
Accrued expenses and other non-current liabilities										(4,400)	2,200
Net cash provided by operating activities from continuing operations										12,800	28,700
Debt proceeds										125,800	0
Debt repaid, including capital lease obligations										(12,800)	(46,600)
Net cash provided by financing activities from continuing operations										113,000	(46,500)
Purchases of property and revenue earning equipment										0	17,900
Sale and leaseback of revenue earning equipment										(125,800)	0
Net cash used in investing activities from continuing operations										$ (125,800)	$ 17,900

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	Aug. 01, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Business Acquisition [Line Items]
Payments to acquire businesses		$ 0	$ 9,972	$ 1,858
Goodwill acquired		389,135	393,029	383,719
Payments		0	$ 566	$ 0
Bullwell Trailer Solutions, Ltd.
Business Acquisition [Line Items]
Purchase price	$ 15,000
Payments to acquire businesses		12,000
Contingent consideration	6,000
Goodwill acquired	12,000
Payments		$ 4,000
Bullwell Trailer Solutions, Ltd. | Customer Relationships
Business Acquisition [Line Items]
Customer relationships and other intangibles	$ 2,000

Restructuring and Other Charg71

Restructuring and Other Charges (Recoveries) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restructuring Reserve [Roll Forward]
Restructuring Reserve	$ 12,333	$ 12,333	$ 2,486	$ 659	$ 4,875
Restructuring Charges		8,830	2,387	84
Payments for Restructuring		(2,208)	(560)	(4,300)
Goodwill, Impaired, Accumulated Impairment Loss	2,000
Employee Termination Costs
Restructuring Reserve [Roll Forward]
Restructuring Reserve	12,333	12,333	2,486	340	3,147
Restructuring Charges		8,830	2,387	84
Payments for Restructuring		(2,208)	(241)	(2,891)
Other Charges
Restructuring Reserve [Roll Forward]
Restructuring Reserve	0	0	0	319	$ 1,728
Restructuring Charges		0	0	0
Payments for Restructuring		0	$ (319)	$ (1,409)
CRSAL [Member]
Restructuring Reserve [Roll Forward]
Restructuring Charges		3,225
CRSAL [Member] | Employee Termination Costs
Restructuring Reserve [Roll Forward]
Restructuring Charges	$ 3,225	3,225
CRSAL [Member] | Other Charges
Restructuring Reserve [Roll Forward]
Restructuring Charges		$ 0

Restructuring and Other Charg72

Restructuring and Other Charges (Recoveries) (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]
Restructuring and other charges (recoveries), net	$ 14,225	$ 2,387	$ (470)
Fleet Management Solutions
Restructuring Cost and Reserve [Line Items]
Restructuring and other charges (recoveries), net	4,817	515	(470)
Dedicated Transportation Solutions
Restructuring Cost and Reserve [Line Items]
Restructuring and other charges (recoveries), net	250	154	0
Supply Chain Solutions
Restructuring Cost and Reserve [Line Items]
Restructuring and other charges (recoveries), net	7,033	797	0
Central Support Services
Restructuring Cost and Reserve [Line Items]
Restructuring and other charges (recoveries), net	$ 2,125	$ 921	$ 0

Restructuring and Other Charg73

Restructuring and Other Charges (Recoveries) (Details Textual) - USD ($) $ in Thousands	Jan. 01, 2016	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]
Pre-tax restructuring charge			$ 9,000	$ 2,000
Restructuring Charges			8,830	2,387	$ 84
Goodwill and Intangible Asset Impairment		$ 2,000
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring Charges			8,830	$ 2,387	$ 84
Subsequent Event [Member]
Restructuring Cost and Reserve [Line Items]
Proceeds from Divestiture of Businesses	$ 2,000
CRSAL [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges			3,225
CRSAL [Member] | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring Charges		$ 3,225	$ 3,225

Receivables (Details)

Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Trade	$ 708,832	$ 693,114
Direct financing leases	90,055	85,946
Other, primarily warranty and insurance	52,162	32,192
Receivables, gross	851,049	811,252
Allowance	(15,560)	(16,388)
Total	$ 835,489	$ 794,864

Prepaid Expenses and Other Cu75

Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Restricted cash	$ 5,352	$ 13,499
Prepaid vehicle licenses	47,806	47,561
Prepaid operating taxes	18,510	15,208
Prepaid sales commission	11,446	12,255
Other	55,029	44,158
Total	$ 138,143	$ 132,681

Revenue Earning Equipment (Deta

Revenue Earning Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue Earning Equipment [Line Items]
Cost	$ 12,148,290	$ 10,890,902
Accumulated Depreciation	(3,963,555)	(3,689,016)
Net Book Value	8,184,735	7,201,886
Full service lease
Revenue Earning Equipment [Line Items]
Cost	8,839,941	8,008,123
Accumulated Depreciation	(2,723,605)	(2,598,140)
Net Book Value	$ 6,116,336	5,409,983
Estimated Useful Life, Minimum	3 years
Estimated Useful Life, Maximum	12 years
Commercial rental
Revenue Earning Equipment [Line Items]
Cost	$ 2,811,715	2,570,081
Accumulated Depreciation	(907,412)	(864,543)
Net Book Value	$ 1,904,303	1,705,538
Estimated Useful Life, Minimum	4 years 6 months
Estimated Useful Life, Maximum	12 years
Held-for-sale
Revenue Earning Equipment [Line Items]
Cost	$ 496,634	312,698
Accumulated Depreciation	(332,538)	(226,333)
Net Book Value	164,096	86,365
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Revenue Earning Equipment [Line Items]
Assets Held For Sale Fair Value Disclosure	33,423	10,978
Loss to reflect changes in fair value	17,956	10,764	$ 16,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Trucks [Member]
Revenue Earning Equipment [Line Items]
Assets Held For Sale Fair Value Disclosure	11,469	6,135
Loss to reflect changes in fair value	7,660	6,274
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Tractors [Member]
Revenue Earning Equipment [Line Items]
Assets Held For Sale Fair Value Disclosure	19,479	4,054
Loss to reflect changes in fair value	7,620	3,450
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Trailers
Revenue Earning Equipment [Line Items]
Assets Held For Sale Fair Value Disclosure	2,475	789
Loss to reflect changes in fair value	$ 2,676	$ 1,040

Revenue Earning Equipment (De77

Revenue Earning Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue Earning Equipment [Line Items]
Cost	$ 12,148,290	$ 10,890,902
Accumulated Depreciation	3,963,555	3,689,016
Revenue earning equipment depreciation expense	1,060,000	979,000	$ 910,000
Assets held under capital leases
Revenue Earning Equipment [Line Items]
Cost	47,000	48,000
Accumulated Depreciation	22,000	22,000
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Revenue Earning Equipment [Line Items]
Loss to reflect changes in fair value	$ 17,956	$ 10,764	$ 16,000

Operating Property And Equipm78

Operating Property And Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Land	$ 203,543	$ 201,089
Buildings and improvements	776,304	766,360
Machinery and equipment	709,173	663,616
Other	109,554	103,557
Gross	1,798,574	1,734,622
Accumulated depreciation	(1,083,604)	(1,035,028)
Total	714,970	699,594
Operating equipment depreciation expense	$ 84,000	$ 79,000	$ 73,000
Minimum | Buildings and improvements
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years
Minimum | Machinery and equipment
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Minimum | Other
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Maximum | Buildings and improvements
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	40 years
Maximum | Machinery and equipment
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years
Maximum | Other
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years

Goodwill (Details)

Goodwill (Details)	3 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)reporting_unit	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Goodwill [Line Items]
Goodwill, Impairment	$ 0
Goodwill [Roll Forward]
Goodwill		$ 422,250,000	$ 412,940,000
Accumulated impairment losses		(29,221,000)	(29,221,000)
Goodwill, Impaired, Accumulated Impairment Loss		393,029,000	383,719,000
Acquisitions			11,839,000
Reclassification to assets held for sale		(852,000)
Foreign currency translation adjustment		(3,042,000)	(2,529,000)
Goodwill		418,356,000	422,250,000
Accumulated impairment losses		(29,221,000)	(29,221,000)
Goodwill, Impaired, Accumulated Impairment Loss		389,135,000	393,029,000
Qualitative Test
Goodwill [Line Items]
Number of segment reporting units | reporting_unit	1
Quantitative
Goodwill [Line Items]
Number of segment reporting units | reporting_unit	4
Fleet Management Solutions [Member]
Goodwill [Roll Forward]
Goodwill		233,217,000	223,204,000
Accumulated impairment losses		(10,322,000)	(10,322,000)
Goodwill, Impaired, Accumulated Impairment Loss		222,895,000	212,882,000
Acquisitions			11,839,000
Reclassification to assets held for sale		0
Foreign currency translation adjustment		(1,859,000)	(1,826,000)
Goodwill		231,358,000	233,217,000
Accumulated impairment losses		(10,322,000)	(10,322,000)
Goodwill, Impaired, Accumulated Impairment Loss		221,036,000	222,895,000
Dedicated Transportation Solutions
Goodwill [Roll Forward]
Goodwill		40,808,000	40,808,000
Accumulated impairment losses		0	0
Goodwill, Impaired, Accumulated Impairment Loss		40,808,000	40,808,000
Acquisitions			0
Reclassification to assets held for sale		0
Foreign currency translation adjustment		0	0
Goodwill		40,808,000	40,808,000
Accumulated impairment losses		0	0
Goodwill, Impaired, Accumulated Impairment Loss		40,808,000	40,808,000
Supply Chain Solutions [Member]
Goodwill [Roll Forward]
Goodwill		148,225,000	148,928,000
Accumulated impairment losses		(18,899,000)	(18,899,000)
Goodwill, Impaired, Accumulated Impairment Loss		129,326,000	130,029,000
Acquisitions			0
Reclassification to assets held for sale		(852,000)
Foreign currency translation adjustment		(1,183,000)	(703,000)
Goodwill		146,190,000	148,225,000
Accumulated impairment losses		(18,899,000)	(18,899,000)
Goodwill, Impaired, Accumulated Impairment Loss		127,291,000	$ 129,326,000
CRSAL [Member]
Goodwill [Roll Forward]
Reclassification to assets held for sale		$ (852,000)

Intangible Assets (Details 1)

Intangible Assets (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Finite lived intangible assets:
Accumulated amortization	$ (45,736)	$ (42,374)
Total finite lived intangible assets	48,154	57,915
Foreign currency translation adjustment	(1,693)	(380)
Total	55,192	66,619
Customer relationship intangibles
Finite lived intangible assets:
Customer relationship intangibles	91,523	97,922
Other intangibles, primarily trade name
Finite lived intangible assets:
Customer relationship intangibles	2,367	2,367
Trade Names
Intangible Assets
Indefinite lived intangible assets	$ 8,731	$ 9,084

Intangible Assets (Details Text

Intangible Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 45,736	$ 42,374
Amortization expense associated with finite lived intangible assets	7,000	$ 7,000	$ 8,000
Minimum
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,016	4,000
2,017	4,000
2,018	4,000
2,019	4,000
2,020	4,000
Maximum
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,016	6,000
2,017	6,000
2,018	6,000
2,019	6,000
2,020	$ 6,000
Customer relationship intangibles | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	7 years
Customer relationship intangibles | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	19 years
CRSAL [Member]
Finite-Lived Intangible Assets [Line Items]
Assets Held-for-sale, Long Lived, Fair Value Disclosure	$ 7,000
Finite-Lived Intangible Assets, Accumulated Amortization	$ 3,000

Direct Financing Leases and O82

Direct Financing Leases and Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Direct financing leases, net	$ 347,703	$ 331,065
Investments held in Rabbi Trusts	41,720	38,681
Contract incentives	23,691	21,475
Insurance receivables	28,999	13,957
Debt issuance costs	18,594	16,503
Prepaid pension asset	44,124	2,698
Interest rate swap agreements	5,421	4,565
Other	15,223	17,155
Total	525,475	446,099
Cash and Cash Equivalents [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments held in Rabbi Trusts	5,214	4,418
U S Equity Mutual Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments held in Rabbi Trusts	24,824	23,589
Foreign Equity Mutual Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments held in Rabbi Trusts	4,713	4,724
Common collective trusts | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments held in Rabbi Trusts	$ 6,969	$ 5,950

Accrued Expenses and Other Li83

Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accrued Expenses
Salaries and wages	$ 99,032	$ 114,446
Deferred compensation	2,252	3,209
Pension benefits	3,790	3,739
Other postretirement benefits	1,624	2,112
Other employee benefits	8,956	7,172
Insurance obligations	157,014	132,246
Environmental liabilities	3,791	3,877
Operating taxes	101,649	92,330
Income taxes	3,378	5,066
Interest	31,218	33,509
Deposits, mainly from customers	61,869	59,388
Deferred revenue	13,038	11,759
Acquisition holdbacks	2,081	3,817
Other	53,660	41,009
Total	543,352	513,679
Non-Current Liabilities
Salaries and wages	0	0
Deferred compensation	41,691	37,093
Pension benefits	484,892	444,657
Other postretirement benefits	20,002	26,889
Other employee benefits	9,706	19,276
Insurance obligations	213,256	189,431
Environmental liabilities	6,554	8,002
Operating taxes	0	0
Income taxes	22,366	22,843
Interest	0	0
Deposits, mainly from customers	5,085	5,929
Deferred revenue	0	0
Acquisition holdbacks	0	2,187
Other	26,043	27,035
Total	829,595	783,342
Total
Salaries and wages	99,032	114,446
Deferred compensation	43,943	40,302
Pension benefits	488,682	448,396
Other postretirement benefits	21,626	29,001
Other employee benefits	18,662	26,448
Insurance obligations	370,270	321,677
Environmental liabilities	10,345	11,879
Operating taxes	101,649	92,330
Income taxes	25,744	27,909
Interest	31,218	33,509
Deposits, mainly from customers	66,954	65,317
Deferred revenue	13,038	11,759
Acquisition holdbacks	2,081	6,004
Other	79,703	68,044
Total	$ 1,372,947	$ 1,297,021

Accrued Expenses and Other Li84

Accrued Expenses and Other Liabilities (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accrued Liabilities and Other Liabilities [Abstract]
Benefit (charge) within operating expense	$ (4)	$ 14	$ 5

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings from continuing operations before income taxes:
United States	$ 408,757	$ 275,630	$ 302,809
Foreign	60,458	62,637	66,206
Earnings from continuing operations before income taxes	469,215	338,267	369,015
Current tax expense (benefit) from continuing operations:
Federal	(1,836)	(230)	234
State	5,748	6,396	4,194
Foreign	5,272	7,163	7,691
Total	9,184	13,329	12,119
Deferred tax expense from continuing operations:
Federal	135,585	90,056	98,076
State	20,111	12,429	15,399
Foreign	(1,654)	2,228	146
Total	154,042	104,713	113,621
Provision for income taxes from continuing operations	$ 163,226	$ 118,042	$ 125,740

Income Taxes (Details 1)

Income Taxes (Details 1)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of federal statutory tax rate with effective tax rate
Federal statutory tax rate	35.00%	35.00%	35.00%
Impact on deferred taxes for changes in tax rates	(0.90%)	(0.90%)	0.10%
State income taxes, net of federal income tax benefit	5.00%	5.20%	4.00%
Foreign rates varying from federal statutory tax rate	(3.30%)	(3.70%)	(4.10%)
Tax reviews and audits	1.30%	1.10%	0.80%
Other, net	0.30%	0.40%	(0.10%)
Effective tax rate	34.80%	34.90%	34.10%

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Connecticut
Income Tax Examination [Line Items]
Net Earnings	$ 1,616
Other Jurisdictions
Income Tax Examination [Line Items]
Net Earnings	$ 497
New York
Income Tax Examination [Line Items]
Net Earnings		$ 1,776
Rhode Island
Income Tax Examination [Line Items]
Net Earnings		$ 626
Puerto Rico
Income Tax Examination [Line Items]
Net Earnings			$ (503)
United Kingdom
Income Tax Examination [Line Items]
Net Earnings			$ 485

Income Taxes (Details 3)

Income Taxes (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred income tax assets:
Self-insurance accruals	$ 93,352	$ 81,908
Net operating loss carryforwards	429,458	377,740
Alternative minimum taxes	10,727	10,727
Accrued compensation and benefits	76,363	68,626
Federal benefit on state tax positions	18,912	18,847
Pension benefits	148,671	157,082
Miscellaneous other accruals	32,763	33,090
Deferred tax assets gross	810,246	748,020
Valuation allowance	(14,991)	(24,742)
Deferred tax assets net	795,255	723,278
Deferred income tax liabilities:
Property and equipment bases difference	(2,362,194)	(2,149,574)
Other	(20,583)	(16,996)
Deferred Tax Liabilities, Gross	(2,382,777)	(2,166,570)
Net deferred income tax liability	$ (1,587,522)	$ (1,443,292)

Income Taxes (Details 4)

Income Taxes (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at January 1	$ 60,482	$ 56,813	$ 52,271
Additions based on tax positions related to the current year	4,220	6,896	7,606
Reductions due to lapse of applicable statutes of limitation	(3,962)	(3,227)	(3,064)
Gross balance at December 31	60,740	60,482	56,813
Interest and penalties	4,912	5,125	5,756
Balance at December 31	$ 65,652	$ 65,607	$ 62,569

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2016
Income Tax Examination [Line Items]
Undistributed foreign earnings	$ 712,000
Net operating loss carryforwards	429,458	$ 377,740
Alternative minimum taxes	10,727	10,727
Unrecognized tax benefits that would affect the effective tax rate in future periods	47,000
Deferred income tax accrued interest and penalties		4,000
Income tax related to interest and penalties	(1,000)	(1,000)	$ (1,000)
Total assets of variable interest entities	237,000	237,000
Total liabilities of variable interest entities	205,000	$ 205,000
Domestic Country
Income Tax Examination [Line Items]
Net operating loss carryforwards	386,000
Other Jurisdictions
Income Tax Examination [Line Items]
Net operating loss carryforwards	29,000
Foreign Country
Income Tax Examination [Line Items]
Net operating loss carryforwards	$ 14,000
Scenario, Forecast
Income Tax Examination [Line Items]
Decrease in unrecognized tax benefits related to federal, state and foreign tax positions				$ 3,000

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Net investment in direct financing and sales-type leases
Total minimum lease payments receivable	$ 684,600	$ 659,551
Less: Executory costs	(205,865)	(210,241)
Minimum lease payments receivable	478,735	449,310
Less: Allowance for uncollectibles	(243)	(288)
Net minimum lease payments receivable	478,492	449,022
Unguaranteed residuals	52,885	55,992
Less: Unearned income	(93,619)	(88,003)
Net investment in direct financing and sales-type leases	437,758	417,011
Current portion	(90,055)	(85,946)
Non-current portion	$ 347,703	$ 331,065

Leases (Details 1)

Leases (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Credit risk profile by creditworthiness category of direct financing lease receivables
Credit risk profile by creditworthiness category of direct financing lease receivables, Total	$ 478,735	$ 449,310
Very low risk to low risk
Credit risk profile by creditworthiness category of direct financing lease receivables
Credit risk profile by creditworthiness category of direct financing lease receivables, Total	203,388	198,496
Moderate
Credit risk profile by creditworthiness category of direct financing lease receivables
Credit risk profile by creditworthiness category of direct financing lease receivables, Total	197,484	158,790
Moderately high to high risk
Credit risk profile by creditworthiness category of direct financing lease receivables
Credit risk profile by creditworthiness category of direct financing lease receivables, Total	$ 77,863	$ 92,024

Leases (Details 2)

Leases (Details 2) $ in Thousands	Dec. 31, 2015USD ($)
As Lessor - Operating Leases
2,016	$ 1,049,766
2,017	857,397
2,018	678,150
2,019	481,790
2,020	298,659
Thereafter	241,589
Total	3,607,351
As Lessor - Direct Financing Leases
2,016	111,116
2,017	93,215
2,018	76,073
2,019	60,062
2,020	50,402
Thereafter	87,867
Total	478,735
As Lessee - Operating Leases
2,016	74,103
2,017	39,265
2,018	21,675
2,019	14,066
2,020	6,896
Thereafter	17,420
Total	$ 173,425

Leases (Details Textual)

Leases (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating Leased Assets [Line Items]
Impaired direct financing receivables	$ 0	$ 0
Rent expense	132,000,000	128,000,000	$ 123,000,000
Contingent rentals from operating leases	329,000,000	318,000,000	318,000,000
Direct Financing Leases
Operating Leased Assets [Line Items]
Contingent rental income	$ 12,000,000	$ 11,000,000	$ 11,000,000
Trucks and Tractors
Operating Leased Assets [Line Items]
Minimum lease term of revenue earning equipment	3 years
Maximum lease term of revenue earning equipment	7 years
Trailers
Operating Leased Assets [Line Items]
Maximum lease term of revenue earning equipment	10 years

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Current portion of long-term debt, including capital leases	$ 598,583	$ 32,511
Short-term debt and current portion of long-term debt	634,530	36,284
Total before fair market value adjustment	5,476,656	4,722,016
Fair market value adjustment on notes subject to hedging(3)	5,253	4,830
Total after fair market value adjustment	5,481,909	4,726,846
Long-term debt	4,883,326	4,694,335
Total debt	$ 5,517,856	$ 4,730,619
Short-term debt
Short-term Debt [Line Items]
Short-term debt, Weighted-Average Interest Rate	2.26%	1.30%
Short-term debt	$ 35,947	$ 3,773
U.S. commercial paper
Short-term Debt [Line Items]
Long-term debt, Weighted-Average Interest Rate	0.55%	0.35%
Commercial paper	$ 547,130	$ 276,694
Global revolving credit facility
Short-term Debt [Line Items]
Long-term debt, Weighted-Average Interest Rate	2.31%	1.60%
Global revolving credit facility	$ 25,291	$ 11,190
Unsecured U.S. notes – Medium-term notes
Short-term Debt [Line Items]
Long-term debt, Weighted-Average Interest Rate	2.84%	3.29%
Unsecured U.S. notes - Medium-term notes	$ 4,112,519	$ 3,772,159
Unsecured U.S. obligations, principally bank term loans
Short-term Debt [Line Items]
Long-term debt, Weighted-Average Interest Rate	1.73%	0.76%
Unsecured U.S. obligations, principally bank term loans	$ 50,000	$ 110,500
Unsecured foreign obligations
Short-term Debt [Line Items]
Long-term debt, Weighted-Average Interest Rate	1.92%	2.01%
Unsecured foreign obligations	$ 275,661	$ 295,776
Asset-Backed US Obligations [Member]
Short-term Debt [Line Items]
Long-term debt, Weighted-Average Interest Rate	1.81%	1.81%
Unsecured foreign obligations	$ 434,001	$ 218,137
Capital lease obligations
Short-term Debt [Line Items]
Long-term debt, Weighted-Average Interest Rate	3.31%	3.65%
Capital Lease Obligations	$ 32,054	$ 37,560

Debt (Details 1)

Debt (Details 1) $ in Thousands	Dec. 31, 2015USD ($)
Capital Leases
Capital leases, 2016	$ 8,469
Capital leases, 2017	9,550
Capital leases, 2018	7,135
Capital leases, 2019	6,132
Capital leases, 2020	639
Capital leases, Thereafter	2,241
Capital leases, Total	34,166
Debt
Debt, 2016	928,722
Debt, 2017	750,009
Debt, 2018	783,177
Debt, 2019	1,060,365
Debt, 2020	1,645,441
Debt, Thereafter	312,835
Debt, Total	5,480,549
Maturities of debt
Imputed interest	(2,112)
Present value of minimum capitalized lease payments	32,054
Current portion	(7,720)
Long-term capitalized lease obligation	$ 24,334

Debt (Details Textual)

Debt (Details Textual)	12 Months Ended
	Dec. 31, 2015USD ($)Institutions	Sep. 30, 2015USD ($)	Aug. 31, 2015USD ($)	May. 31, 2015USD ($)	Apr. 30, 2015USD ($)	Feb. 28, 2015USD ($)	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Unamortized original issue discounts	$ 8,000,000						$ 8,000,000
Aggregate notional amount of interest rate swaps							600,000,000
Maximum borrowing capacity under global revolving credit facility	$ 1,200,000,000
Number of lending institutions | Institutions	12
Debt to consolidated net worth ratio	215.00%
Amount available under the credit facility, net of outstanding commercial paper borrowings	$ 591,000,000
Current portion of long-term debt	300,000,000						699,000,000
Trade receivables borrowings	0						60,000,000
Sale leaseback transaction, amount due		$ 93,000,000			$ 156,000,000
Total available proceeds under trade receivables purchase and sale program	$ 175,000,000
Annual facility fee	10.00%
Debt Instrument, Fair Value Disclosure	$ 5,080,000,000						4,590,000,000
Unsecured Medium Term Notes due March 2017
Debt Instrument [Line Items]
Debt Instruments Purchase Price Percentage	101.00%
Commercial paper
Debt Instrument [Line Items]
Commercial paper classified as long term debt							277,000,000
Unsecured Medium Term Notes Due September 2020
Debt Instrument [Line Items]
Face amount of unsecured medium-term notes issued			$ 300,000,000
Unsecured Medium Term Notes Due May 2020
Debt Instrument [Line Items]
Face amount of unsecured medium-term notes issued				$ 300,000,000
Unsecured Medium Term Notes Due March 2020
Debt Instrument [Line Items]
Face amount of unsecured medium-term notes issued						$ 400,000,000
Minimum
Debt Instrument [Line Items]
Annual facility fee	0.075%
Maximum
Debt Instrument [Line Items]
Debt to consolidated net worth ratio	300.00%
Annual facility fee	0.25%
Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity under global revolving credit facility	$ 75,000,000
Letter of credit outstanding amount	0
Interest Rate Swap
Debt Instrument [Line Items]
Aggregate notional amount of interest rate swaps	825,000,000
Designated as Hedging Instrument | Fair Value Hedging | Interest Rate Swap
Debt Instrument [Line Items]
Aggregate notional amount of interest rate swaps	$ 825,000,000						$ 600,000,000

Derivatives (Details)

Derivatives (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Summarized details of swaps outstanding and the related hedged items
Derivative, Notional Amount		$ 600
Interest Rate Swap
Summarized details of swaps outstanding and the related hedged items
Derivative, Notional Amount	$ 825
Derivative, Fair Value, Net	$ 5

Guarantees (Details 1)

Guarantees (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Guarantees [Abstract]
Letters of credit	$ 241,022	$ 234,482
Surety bonds	$ 104,632	$ 99,831

Share Repurchase Programs (Deta

Share Repurchase Programs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share Repurchase Programs (Textual) [Abstract]
Common stock repurchases	$ 6,141	$ 106,286
December 2013 Anti-Dilutive Share Repurchase Program
Share Repurchase Programs (Textual) [Abstract]
Common stock repurchases	$ 6,000	$ 106,000
Common Stock
Share Repurchase Programs (Textual) [Abstract]
Repurchased and retired shares	69,107	1,323,278
Common stock repurchases	$ 35	$ 662
December 2015 Program
Share Repurchase Programs (Textual) [Abstract]
Maximum number of share repurchases authorization	1,500,000
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	2,000,000
December 2015 Program | December Two Thousand Thirteen Anti Dilutive Share Repurchase Program
Share Repurchase Programs (Textual) [Abstract]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	500,000

Accumulated Other Comprehens101

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Currency Translation Adjustments and Other
Beginning balance	$ (36,087)	$ 35,875	$ 57,860
Other current period change	99,933	71,962	21,985
Ending balance	(136,020)	(36,087)	35,875
Net Actuarial Loss
Beginning balance	(585,941)	(477,883)	(648,113)
Amortization	19,505	14,866	22,820
Pension lump sum settlement expense		61,333
Other current period change	(10,557)	(184,257)	147,410
Ending balance	(576,993)	(585,941)	(477,883)
Prior Service Credit
Beginning balance	1,758	3,760	2,634
Amortization	1,411	2,676	1,340
Other current period change	(69)	674	2,466
Ending balance	278	1,758	3,760
Accumulated Other Comprehensive Loss
Beginning balance	(620,270)	(438,248)	(587,619)
Amortization	18,094	12,190	21,480
Pension lump sum settlement expense		61,333
Other current period change	(110,559)	(255,545)	127,891
Ending balance	$ (712,735)	$ (620,270)	$ (438,248)

Accumulated Other Comprehens102

Accumulated Other Comprehensive Loss Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Equity [Abstract]
Loss from currency translation adjustments	$ 99,933	$ 71,962	$ 21,985

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings per share — Basic:
Earnings from continuing operations	$ 75,935	$ 90,811	$ 85,917	$ 53,326	$ 11,483	$ 83,895	$ 75,721	$ 49,126	$ 305,989	$ 220,225	$ 243,275
Less: Distributed and undistributed earnings allocated to nonvested stock									(877)	(858)	(2,173)
Earnings from continuing operations available to common shareholders — Basic									$ 305,112	$ 219,367	$ 241,102
Weighted average common shares outstanding— Basic									52,814	52,536	51,617
Earnings from continuing operations per common share — Basic (in dollars per share)	$ 1.43	$ 1.71	$ 1.62	$ 1.01	$ 0.22	$ 1.60	$ 1.43	$ 0.93	$ 5.78	$ 4.18	$ 4.67
Earnings per share — Diluted:
Earnings from continuing operations	$ 75,935	$ 90,811	$ 85,917	$ 53,326	$ 11,483	$ 83,895	$ 75,721	$ 49,126	$ 305,989	$ 220,225	$ 243,275
Less: Distributed and undistributed earnings allocated to unvested stock									(872)	(853)	(2,159)
Earnings from continuing operations available to common shareholders — Diluted									$ 305,117	$ 219,372	$ 241,116
Weighted average common shares outstanding— Basic									52,814	52,536	51,617
Effect of dilutive equity awards									446	500	454
Weighted average common shares outstanding— Diluted									53,260	53,036	52,071
Earnings from continuing operations per common share — Diluted (in dollars per share)	$ 1.42	$ 1.70	$ 1.61	$ 1	$ 0.22	$ 1.58	$ 1.42	$ 0.92	$ 5.73	$ 4.14	$ 4.63
Anti-dilutive equity awards and market-based restrictive stock rights not included above									392	161	785

Share-Based Compensation Pla104

Share-Based Compensation Plans (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)award	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year
Number of performance periods for which market-based restricted stock will be measured for vesting purposes | award	3
Share-based compensation expense and income tax benefits recognized during the periods
Share-based compensation expense	$ 21,181	$ 20,905	$ 19,310
Income tax benefit	(7,271)	(7,300)	(6,224)
Share-based compensation expense, net of tax	13,910	13,605	13,086
Summary of compensation expense recognized related to cash awards
Cash awards	532	1,900	996
Stock option and stock purchase plans
Share-based compensation expense and income tax benefits recognized during the periods
Share-based compensation expense	8,048	9,023	8,303
Unvested stock awards
Share-based compensation expense and income tax benefits recognized during the periods
Share-based compensation expense	$ 13,133	$ 11,882	$ 11,007

Share-Based Compensation Pla105

Share-Based Compensation Plans (Details 2) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding at December 31 | shares	1,263
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Options outstanding at December 31 (in dollars per share) | $ / shares	$ 68.13
Summary of stock option activity
Exercisable at December 31, Shares | shares	588
Exercisable at December 31, Weighted-Average Exercise Price | $ / shares	$ 53.72
Outstanding, weighted average remaining contractual term	6 years 7 months 18 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding at January 1 | shares	1,269
Granted | shares	363
Exercised | shares	(282)
Forfeited or expired | shares	(87)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Options outstanding at January 1 (in dollars per share) | $ / shares	$ 58.03
Granted (in dollars per share) | $ / shares	93.55
Exercised (in dollars per share) | $ / shares	54.26
Forfeited or expired (in dollars per share) | $ / shares	$ 71.63
Summary of stock option activity
Vested and expected to vest at December 31, Shares | shares	1,238
Vested and expected to vest at December 31, Weighted-Average Exercise Price | $ / shares	$ 67.63
Vested and expected to vest at December 31 in years	6 years 1 month 18 days
Exercisable at December 31, in years	4 years 4 months 18 days
Options outstanding at December 31, Aggregate Intrinsic Value | $	$ 3,326
Vested and expected to vest at December 31, Aggregate Intrinsic Value | $	3,358
Exercisable at December 31, Aggregate Intrinsic Value | $	$ 3,339

Share-Based Compensation Pla106

Share-Based Compensation Plans (Details 3) shares in Thousands	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Time-Vested
Summary of Nonvested stock awards
Nonvested stock outstanding at January 1 | shares	514
Granted | shares	90
Vested | shares	(102)
Forfeited | shares	(29)
Nonvested stock outstanding at December 31 | shares	473
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested stock outstanding at January 1, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 61.83
Granted, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	91.84
Vested,Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	53.95
Forfeited, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	74.06
Nonvested stock outstanding at December 31, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 68.50
Market-Based
Summary of Nonvested stock awards
Nonvested stock outstanding at January 1 | shares	94
Granted | shares	19
Vested | shares	(46)
Forfeited | shares	(5)
Nonvested stock outstanding at December 31 | shares	62
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested stock outstanding at January 1, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 50.27
Granted, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	89.40
Vested,Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	43.38
Forfeited, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	56.98
Nonvested stock outstanding at December 31, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 66.97
Performance-Based
Summary of Nonvested stock awards
Nonvested stock outstanding at January 1 | shares	47
Granted | shares	42
Vested | shares	0
Forfeited | shares	(13)
Nonvested stock outstanding at December 31 | shares	76
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested stock outstanding at January 1, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 68.29
Granted, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	93.05
Vested,Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	0
Forfeited, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	60.57
Nonvested stock outstanding at December 31, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 83.31

Share-Based Compensation Pla107

Share-Based Compensation Plans (Details 4) - Option plans: - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Weighted-average assumptions used for options granted
Expected dividends	1.60%	1.90%	2.10%
Expected volatility	26.40%	29.10%	35.10%
Risk-free rate	1.40%	1.30%	0.70%
Expected term in years	4 years 3 months 17 days	4 years 3 months 17 days	4 years 3 months 17 days
Grant-date fair value	$ 18.47	$ 14.99	$ 13.97

Share-Based Compensation Pla108

Share-Based Compensation Plans (Details Textual) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)award$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized pre-tax compensation expense | $	$ 21,000
Unrecognized compensation costs weighted-average period	1 year 215 days
Total fair value of equity awards | $	$ 16,000	$ 18,000	$ 12,000
Unused shares | shares	1,200,000
Share-based compensation plan, vesting proportion per year	one-third
Share-based compensation plan, vesting period	1 year
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Remaining Contractual Term	10 years
Number of performance periods for market-based restricted stock | award	3
Performance-based restricted stock awards granted | shares	42,000	23,000	16,000
Share-based compensation arrangement by share-based payment award, exercised | shares	178,000,000	150,000,000	194,000,000
Share-Based Compensation Plans (Textual) [Abstract]
Total intrinsic value of option exercised | $	$ 11,000	$ 28,000	$ 30,000
Common stock issued | $	23,635	46,568	90,646
Total cash received exercised stock option | $		46,000	87,000
Tax benefits realized from share based employee compensation arrangements | $	$ 400	1,000	$ 5,000
Time Vested Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation plan, vesting period	3 years
Market Based Cash Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Liability related to the cash awards | $	$ 1,000	$ 4,000
Stock Option And Nonvested Stock Plan Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unused shares | shares	1,100,000
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation plan, vesting period	3 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation plan, vesting period	1 year
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unused shares | shares	100,000
Percentage of payroll deductions of eligible compensation	15.00%
Percentage of share purchased fair market value	85.00%
Employee stock purchase plan holding period	90 days
Share authorized | shares	4,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares	178,000	150,000	194,000
Granted, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 63.93	$ 82.27	$ 48.72
Maximum | ROC performance based restricted stock rights, 2013 Grant
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Potential performance award percentage	125.00%
Maximum | Market Based Restricted Stock Rights, 2012 Grant
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Potential performance award percentage	125.00%

Employee Benefits Plans (Detail

Employee Benefits Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Pension expense from continuing operations
Pension lump sum settlement expense	$ 0	$ 97,231	$ 0
Amortization of:
Postretirement benefit (income) expense	41,704	138,656	48,118
Company-administered plans:
Pension expense from continuing operations
Service cost	13,820	13,023	15,991
Interest cost	88,013	100,909	89,682
Expected return on plan assets	(98,892)	(115,410)	(106,150)
Pension lump sum settlement expense	0	97,231	0
Census data adjustment	0	0	(3,905)
Amortization of:
Net actuarial gain	30,741	23,573	35,282
Prior service credit	(306)	(1,788)	(1,818)
Postretirement benefit (income) expense	33,376	117,538	36,892
Company-administered plans: | U.S.
Amortization of:
Postretirement benefit (income) expense	34,986	118,797	37,636
Company-administered plans: | Foreign
Amortization of:
Postretirement benefit (income) expense	(1,610)	(1,259)	(744)
Union-administered plans
Amortization of:
Postretirement benefit (income) expense	$ 8,328	$ 21,118	$ 11,226

Employee Benefits Plans (Det110

Employee Benefits Plans (Details 1)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
U.S.
Summary of weighted-average actuarial assumptions used in determining annual pension expense
Discount rate	4.15%	5.00%	4.10%
Rate of increase in compensation levels	3.00%	3.00%	4.00%
Expected long-term rate of return on plan assets	5.95%	6.50%	6.80%
Gain and loss amortization period (years)	23 years	23 years	23 years
Foreign
Summary of weighted-average actuarial assumptions used in determining annual pension expense
Discount rate	3.70%	4.57%	4.43%
Rate of increase in compensation levels	3.10%	3.09%	3.55%
Expected long-term rate of return on plan assets	5.50%	5.94%	6.57%
Gain and loss amortization period (years)	27 years	27 years	26 years

Employee Benefits Plans (Det111

Employee Benefits Plans (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Change in benefit obligations:
Pension settlement	$ 509	$ (12,564)	$ (2,820)
Change in plan assets:
Defined Benefit Plan, Funded Percentage	79.00%	80.00%
Pension Plans
Change in benefit obligations:
Benefit obligations at January 1	$ 2,221,115	$ 2,104,749
Interest cost	88,013	100,909
Actuarial (gain) loss	(98,996)	380,595
Pension settlement	0	(259,319)
Benefits paid	(98,528)	(87,020)
Foreign currency exchange rate changes	(33,580)	(31,822)
Benefit obligations at December 31	2,091,844	2,221,115	2,104,749
Change in plan assets:
Fair value of plan assets at January 1	1,775,417	1,832,490
Actual return on plan assets	(29,024)	178,061
Employer contribution	33,746	107,483
Benefits paid	(98,528)	(87,020)
Pension settlement	0	(223,654)
Foreign currency exchange rate changes	(34,325)	(31,943)
Fair value of plan assets at December 31	1,647,286	1,775,417	$ 1,832,490
Funded status	$ (444,558)	$ (445,698)

Employee Benefits Plans (Det112

Employee Benefits Plans (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Amounts recognized in the Consolidated Balance Sheets
Noncurrent asset	$ 44,124	$ 2,698
Pension Plans
Amounts recognized in the Consolidated Balance Sheets
Noncurrent asset	44,124	2,698
Current liability	(3,790)	(3,739)
Noncurrent liability	(484,892)	(444,657)
Net amount recognized	(444,558)	(445,698)
Amounts recognized in accumulated other comprehensive loss (pre-tax)
Prior service credit	0	(195)
Net actuarial loss	905,944	905,976
Net amount recognized	$ 905,944	$ 905,781

Employee Benefits Plans (Det113

Employee Benefits Plans (Details 4)	Dec. 31, 2015	Dec. 31, 2014
U.S.
Summary of weighted-average actuarial assumptions used in determining funded status
Discount rate	4.50%	4.15%
Rate of increase in compensation levels	3.00%	3.00%
Foreign
Summary of weighted-average actuarial assumptions used in determining funded status
Discount rate	4.00%	3.70%
Rate of increase in compensation levels	3.10%	3.10%

Employee Benefits Plans (Det114

Employee Benefits Plans (Details 5) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Summary of pension obligations greater than fair value of related plan assets
Total accumulated benefit obligations	$ 2,064,399	$ 2,176,795
Plans with pension obligations in excess of plan assets:
PBO	1,679,865	1,737,815
ABO	1,647,637	1,694,811
Fair value of plan assets	1,191,182	1,289,621
U.S.
Summary of pension obligations greater than fair value of related plan assets
Total accumulated benefit obligations	1,640,844	1,689,191
Plans with pension obligations in excess of plan assets:
PBO	1,671,949	1,728,643
ABO	1,640,844	1,689,191
Fair value of plan assets	1,191,182	1,289,621
Foreign
Summary of pension obligations greater than fair value of related plan assets
Total accumulated benefit obligations	423,555	487,604
Plans with pension obligations in excess of plan assets:
PBO	7,916	9,172
ABO	6,793	5,620
Fair value of plan assets	$ 0	$ 0

Employee Benefits Plans (Det115

Employee Benefits Plans (Details 6) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 100,631	$ 89,727	$ 76,499
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,647,286	1,775,417	$ 1,832,490
Pension Plans | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,546,655	1,685,690
Pension Plans | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	100,631	89,727
Pension Plans | Private equity and hedge funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	100,631	89,727
Pension Plans | Private equity and hedge funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Private equity and hedge funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Private equity and hedge funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	100,631	89,727
Pension Plans | Equity securities: | U.S. common collective trusts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	387,123	421,185
Pension Plans | Equity securities: | U.S. common collective trusts | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Equity securities: | U.S. common collective trusts | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	387,123	421,185
Pension Plans | Equity securities: | U.S. common collective trusts | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Equity securities: | Foreign common collective trusts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	374,858	405,224
Pension Plans | Equity securities: | Foreign common collective trusts | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Equity securities: | Foreign common collective trusts | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	374,858	405,224
Pension Plans | Equity securities: | Foreign common collective trusts | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Fixed income securities: | Corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	64,834	70,999
Pension Plans | Fixed income securities: | Corporate bonds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Fixed income securities: | Corporate bonds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	64,834	70,999
Pension Plans | Fixed income securities: | Corporate bonds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Fixed income securities: | Common collective trusts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	719,840	788,282
Pension Plans | Fixed income securities: | Common collective trusts | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plans | Fixed income securities: | Common collective trusts | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	719,840	788,282
Pension Plans | Fixed income securities: | Common collective trusts | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

Employee Benefits Plans (Det116

Employee Benefits Plans (Details 7) - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary of changes in fair value of the pension plans' level 3 assets
Fair value of plan assets at January 1	$ 89,727	$ 76,499
Return on plan assets:
Relating to assets still held at the reporting date	5,399	4,903
Relating to assets sold during the period	226	1,882
Purchases, sales, settlements and expenses	5,279	6,443
Fair value of plan assets at December 31	$ 100,631	$ 89,727

Employee Benefits Plans (Det117

Employee Benefits Plans (Details 8) - Pension Plans $ in Thousands	Dec. 31, 2015USD ($)
Pension benefits expected to be paid
2,016	$ 100,116
2,017	102,692
2,018	107,483
2,019	112,019
2,020	115,863
2021-2025	$ 632,110

Employee Benefits Plans (Det118

Employee Benefits Plans (Details 9) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Ryder Contributions	$ 8,837	$ 8,554	$ 8,406
Pension settlement (benefit) charges	(509)	12,564	2,820
Postretirement benefit (income) expense	41,704	138,656	48,118
Union-administered plans
Defined Benefit Plan Disclosure [Line Items]
Postretirement benefit (income) expense	$ 8,328	$ 21,118	11,226
Western Conference Teamsters
Defined Benefit Plan Disclosure [Line Items]
Employer Identification Number	91-6145047
Pension Protection Act Zone Status	Green	Green
FIP/RP Status Pending/ Implemented	No
Ryder Contributions	$ 2,430	$ 2,315	2,180
Surcharge Imposed	No
Expiration Date(s) of Collective-Bargaining Agreement(s)	1/12/18 to 6/30/19
IAM National
Defined Benefit Plan Disclosure [Line Items]
Employer Identification Number	51-6031295
Pension Protection Act Zone Status	Green	Green
FIP/RP Status Pending/ Implemented	No
Ryder Contributions	$ 3,801	$ 3,311	2,987
Surcharge Imposed	No
Expiration Date(s) of Collective-Bargaining Agreement(s)	3/31/16 to 9/30/19
Automobile Mechanics Local No. 701
Defined Benefit Plan Disclosure [Line Items]
Employer Identification Number	36-6042061
Pension Protection Act Zone Status	Red	Red
FIP/RP Status Pending/ Implemented	RP Adopted
Ryder Contributions	$ 1,902	$ 1,632	1,530
Surcharge Imposed	Yes
Expiration Date(s) of Collective-Bargaining Agreement(s)	5/31/16 to 10/31/17
Other funds
Defined Benefit Plan Disclosure [Line Items]
Ryder Contributions	$ 704	$ 1,296	$ 1,709

Employee Benefits Plans (Det119

Employee Benefits Plans (Details 10) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Amortization of:
Postretirement benefit (income) expense	$ 41,704	$ 138,656	$ 48,118
Other Postretirement Benefits
Other Postretirement benefit expense
Service cost	363	446	981
Interest cost	1,097	1,421	1,580
Amortization of:
Net actuarial gain	(1,773)	(725)	(14)
Prior service credit	(1,083)	(2,459)	(231)
Postretirement benefit (income) expense	(1,396)	(1,317)	2,316
Other Postretirement benefit expense U.S.
Amortization of:
Postretirement benefit (income) expense	(1,887)	(1,839)	1,625
Other Postretirement benefit expense Foreign
Amortization of:
Postretirement benefit (income) expense	$ 491	$ 522	$ 691

Employee Benefits Plans (Det120

Employee Benefits Plans (Details 11)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Postretirement benefit expense U.S.
Weighted-average discount rates used in determining annual postretirement benefit expense
Discount rate	4.15%	5.00%	4.10%
Other Postretirement benefit expense Foreign
Weighted-average discount rates used in determining annual postretirement benefit expense
Discount rate	4.00%	4.80%	4.00%

Employee Benefits Plans (Det121

Employee Benefits Plans (Details 12) - Other Postretirement Benefits - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Benefit Obligations associated with postretirement benefit plans
Benefit obligations at January 1	$ 29,001	$ 30,788
Service cost	363	446	$ 981
Interest cost	1,097	1,421	1,580
Actuarial gain	(6,164)	(1,010)
Benefits paid	(1,468)	(1,989)
Foreign currency exchange rate changes	(1,203)	(655)
Benefit obligations at December 31	$ 21,626	$ 29,001	$ 30,788

Employee Benefits Plans (Det122

Employee Benefits Plans (Details 13) - Other Postretirement Benefits - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Amounts recognized in the Consolidated Balance Sheets
Current liability	$ 1,624	$ 2,112
Noncurrent liability	20,002	26,889
Net amount recognized	21,626	29,001
Amounts recognized in accumulated other comprehensive loss (pre-tax)
Prior service credit	(616)	(2,527)
Net actuarial gain	(11,825)	(5,933)
Net amount recognized	$ (12,441)	$ (8,460)

Employee Benefits Plans (Det123

Employee Benefits Plans (Details 14)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other Postretirement benefit expense U.S.
Summary of actuarial assumptions used in determining accrued postretirement benefit obligations
Discount rate	4.50%	4.15%
Rate of increase in compensation levels	3.00%	3.00%
Healthcare cost trend rate assumed for next year	6.75%	7.00%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2,023	2,023
Other Postretirement benefit expense Foreign
Summary of actuarial assumptions used in determining accrued postretirement benefit obligations
Discount rate	4.00%	4.00%
Rate of increase in compensation levels	3.00%	3.00%
Healthcare cost trend rate assumed for next year	5.50%	6.00%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2,017	2,017

Employee Benefits Plans (Det124

Employee Benefits Plans (Details 15) - Other Postretirement Benefits $ in Thousands	Dec. 31, 2015USD ($)
Pension benefits expected to be paid
2,016	$ 1,646
2,017	1,640
2,018	1,631
2,019	1,620
2,020	1,591
2021-2025	$ 7,464

Employee Benefits Plans (Det125

Employee Benefits Plans (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)Age	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Defined Benefit Plan Disclosure [Line Items]
Pension benefits		$ 488,682	$ 448,396
Payments for postemployment benefits			224,000
Pension settlement (benefit) charges		(509)	$ 12,564	$ 2,820
Settlement percentage of pension obligation			12.00%
Pension lump sum settlement expense		$ 0	$ 97,231	0
U.S. pension plan assets percentage of total pension plan assets		72.00%
Required pension contributions to our pension plans		$ 80,000
Deferred compensation		43,943	40,302
Non-qualified supplemental pension plan
Defined Benefit Plan Disclosure [Line Items]
Pension benefits		51,000	51,000
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Pension settlement (benefit) charges		0	259,319
Deferred compensation		$ 44,000	40,000
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Maximum age limit of qualified retirees for health care benefits | Age		65
Modified Age Limit Of Qualified Retirees For Health Care Benefits | Age		52
Modified years of service required for Qualified Retirees For Health Care Benefits		12 years
Assumed change in healthcare cost trend rates in each year		1.00%
Defined Contribution Savings Plan
Defined Benefit Plan Disclosure [Line Items]
Expense related to defined contribution savings plans		$ 38,000	35,000	$ 35,000
Rabbi Trusts
Defined Benefit Plan Disclosure [Line Items]
Assets held in trust		43,000	41,000
Value of common stock issued in trust		$ 1,000	$ 2,000
Scenario, Forecast
Defined Benefit Plan Disclosure [Line Items]
Pension and Other Postretirement Benefit Expense	$ 2,000
Scenario, Forecast | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss to be recognized	$ 32,000

Environmental Matters (Details)

Environmental Matters (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)DisposalSite	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Environmental Remediation Obligations [Abstract]
Number of disposal sites | DisposalSite	19
Environmental expenses	$ 9,000	$ 7,000	$ 9,000
Environmental liabilities	$ 10,345	$ 11,879

Other Items Impacting Compar127

Other Items Impacting Comparability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]
Pension lump sum settlement loss (1)	$ 0	$ (97,231)	$ 0
Pension settlement benefit (charges) (1)	509	(12,564)	(2,820)
Restructuring and other (charges) recoveries, net (2)	(14,225)	(2,387)	470
Acquisition-related tax adjustment	0	(1,808)	0
Acquisition transaction costs	0	(566)	0
Consulting fees	(3,843)	(400)	0
Foreign currency translation benefit	0	0	1,904
Restructuring and other (charges) recoveries, net and other items	(17,559)	(114,956)	154
Superstorm Sandy
Restructuring Cost and Reserve [Line Items]
Superstorm Sandy vehicle-related recoveries	$ 0	$ 0	600
Foreign Currency Gain (Loss)
Restructuring Cost and Reserve [Line Items]
Foreign currency translation benefit			$ 2,000

Other Matters (Details)

Other Matters (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Brazil state operating tax
Loss Contingencies [Line Items]
Tax amounts assessed but not reversed	$ 5

Supplemental Cash Flow Infor129

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Supplemental Cash Flow Elements [Abstract]
Interest paid	$ 144,973	$ 139,595	$ 132,946
Income taxes paid	13,379	11,382	13,063
Changes in accounts payable related to purchases of revenue earning equipment	28,134	39,071	43,745
Operating and revenue earning equipment acquired under capital leases	$ 5,959	$ 7,972	$ 5,698

Miscellaneous Income, Net (Deta

Miscellaneous Income, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Income and Expenses [Abstract]
Gains on sales of operating property and equipment	$ 3,045	$ 2,909	$ 1,020
Business interruption insurance recoveries	0	808	2,743
Contract settlement	55	3,014	0
Foreign currency translation benefit	0	0	1,904
Foreign currency transaction gains/(losses)	1,945	(210)	40
Rabbi trust investment income	632	2,726	4,475
Other, net	4,479	4,366	5,190
Total	$ 10,156	$ 13,613	$ 15,372

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue:
Revenue	$ 1,672,743	$ 1,669,066	$ 1,662,931	$ 1,567,153	$ 1,656,316	$ 1,687,150	$ 1,684,571	$ 1,610,737	$ 6,571,893	$ 6,638,774	$ 6,419,285
EBT:
Earnings from continuing operations before income taxes									469,215	338,267	369,015
Restructuring and other (charges) recoveries, net (2)									(14,225)	(2,387)	470
Operating Segments
EBT:
Earnings from continuing operations before income taxes									554,470	514,731	438,639
Unallocated Central Support Services									(48,510)	(51,740)	(45,493)
Non-operating pension costs									(19,186)	(9,768)	(24,285)
Restructuring and other (charges) recoveries, net (2)									(17,559)	(114,956)	154
Intersegment Eliminations
Revenue:
Revenue									(417,100)	(478,133)	(458,464)
EBT:
Earnings from continuing operations before income taxes									(47,193)	(41,361)	(35,489)
Fleet Management Solutions
Revenue:
Revenue									4,545,692	4,655,758	4,494,686
EBT:
Restructuring and other (charges) recoveries, net (2)									(4,817)	(515)	470
Fleet Management Solutions | Operating Segments
Revenue:
Revenue									4,128,592	4,177,625	4,036,222
EBT:
Earnings from continuing operations before income taxes									462,109	433,736	344,169
Fleet Management Solutions | Operating Segments | Full service lease
Revenue:
Revenue									2,220,929	2,102,703	2,016,570
Fleet Management Solutions | Operating Segments | Commercial rental
Revenue:
Revenue									900,624	836,719	753,456
Fleet Management Solutions | Operating Segments | Full service lease and commercial rental
Revenue:
Revenue									3,121,553	2,939,422	2,770,026
Fleet Management Solutions | Operating Segments | Contract maintenance
Revenue:
Revenue									190,989	182,411	178,001
Fleet Management Solutions | Operating Segments | Contract-related maintenance
Revenue:
Revenue									200,148	196,841	186,580
Fleet Management Solutions | Operating Segments | Other
Revenue:
Revenue									77,625	71,064	72,029
Fleet Management Solutions | Operating Segments | Fuel services revenue
Revenue:
Revenue									538,277	787,887	829,586
Fleet Management Solutions | Intersegment Eliminations
Revenue:
Revenue									417,100	478,133	458,464
Dedicated Transportation Solutions
Revenue:
Revenue									895,538	899,802	831,599
EBT:
Earnings from continuing operations before income taxes									45,800	44,556	40,926
Restructuring and other (charges) recoveries, net (2)									(250)	(154)	0
Supply Chain Solutions
Revenue:
Revenue									1,547,763	1,561,347	1,551,464
EBT:
Restructuring and other (charges) recoveries, net (2)									(7,033)	(797)	0
Supply Chain Solutions | Operating Segments
EBT:
Earnings from continuing operations before income taxes									$ 93,754	$ 77,800	$ 89,033

Segment Reporting (Details 1)

Segment Reporting (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Share-based compensation expense	$ 21,181	$ 20,905	$ 19,310
Depreciation expense	1,139,922	1,057,813	983,610
Gains on vehicles sales, net	(117,809)	(126,824)	(96,175)
Pension lump sum settlement expense	0	97,231	0
Amortization expense and other non-cash charges, net	70,762	47,263	56,389
Interest expense	150,434	144,739	140,463
Capital expenditures paid	2,667,978	2,259,164	2,122,628
Total assets	10,967,809	9,850,871	9,168,340
Operating Segments | Fleet Management Solutions
Segment Reporting Information [Line Items]
Share-based compensation expense	5,672	4,895	4,979
Depreciation expense	1,110,706	1,028,781	953,193
Gains on vehicles sales, net	(117,714)	(126,410)	(96,011)
Pension lump sum settlement expense		76,239
Amortization expense and other non-cash charges, net	36,348	19,936	19,071
Interest expense	154,276	147,247	142,555
Capital expenditures paid	2,595,961	2,166,319	2,074,708
Total assets	10,076,321	9,011,883	8,404,606
Operating Segments | Dedicated Transportation Solutions
Segment Reporting Information [Line Items]
Share-based compensation expense	1,155	720	851
Depreciation expense	3,184	3,211	3,335
Gains on vehicles sales, net	(54)	5	(117)
Pension lump sum settlement expense		3,335
Amortization expense and other non-cash charges, net	1,878	516	946
Interest expense	(1,597)	(1,520)	(1,316)
Capital expenditures paid	3,570	1,883	1,563
Total assets	275,634	211,388	203,563
Operating Segments | Supply Chain Solutions
Segment Reporting Information [Line Items]
Share-based compensation expense	3,400	3,661	4,083
Depreciation expense	25,721	25,636	26,225
Gains on vehicles sales, net	(41)	(419)	(47)
Pension lump sum settlement expense		3,277
Amortization expense and other non-cash charges, net	2,971	1,309	2,694
Interest expense	(2,174)	(807)	(548)
Capital expenditures paid	27,841	20,941	21,114
Total assets	636,647	673,876	640,837
Central Support Service
Segment Reporting Information [Line Items]
Share-based compensation expense	10,954	11,629	9,397
Depreciation expense	311	185	857
Gains on vehicles sales, net	0	0	0
Pension lump sum settlement expense		14,380
Amortization expense and other non-cash charges, net	29,565	25,502	33,678
Interest expense	(71)	(181)	(228)
Capital expenditures paid	40,606	70,021	25,243
Total assets	202,129	193,484	154,024
Eliminations
Segment Reporting Information [Line Items]
Share-based compensation expense	0	0	0
Depreciation expense	0	0	0
Gains on vehicles sales, net	0	0	0
Pension lump sum settlement expense		0
Amortization expense and other non-cash charges, net	0	0	0
Interest expense	0	0	0
Capital expenditures paid	0	0	0
Total assets	$ (222,922)	$ (239,760)	$ (234,690)

Segment Reporting (Details 2)

Segment Reporting (Details 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 1,672,743	$ 1,669,066	$ 1,662,931	$ 1,567,153	$ 1,656,316	$ 1,687,150	$ 1,684,571	$ 1,610,737	$ 6,571,893	$ 6,638,774	$ 6,419,285
Long-lived assets:	8,899,705				7,901,480				8,899,705	7,901,480	7,226,652
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue									5,603,697	5,614,037	5,411,376
Long-lived assets:	7,817,628				6,790,946				7,817,628	6,790,946	6,098,635
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue									408,325	435,280	455,440
Long-lived assets:	504,027				530,316				504,027	530,316	529,880
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue									391,339	400,853	372,209
Long-lived assets:	545,630				553,467				545,630	553,467	568,850
Mexico
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue									139,583	158,481	161,279
Long-lived assets:	31,993				26,230				31,993	26,230	29,008
Asia
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue									28,949	30,123	18,981
Long-lived assets:	427				521				427	521	279
Foreign
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue									968,196	1,024,737	1,007,909
Long-lived assets:	$ 1,082,077				$ 1,110,534				$ 1,082,077	$ 1,110,534	$ 1,128,017

Segment Reporting (Details Text

Segment Reporting (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Depreciation expense	$ 1,139,922	$ 1,057,813	$ 983,610
Acquisition payments	0	9,972	1,858
Central support service assets depreciation expense allocated to other business segments
Segment Reporting Information [Line Items]
Depreciation expense	$ 22,000	$ 21,000	$ 14,000
Automotive industry | Supply Chain Solutions
Segment Reporting Information [Line Items]
Percentage of total revenue	41.00%	43.00%	44.00%

Quarterly Information (Unaud135

Quarterly Information (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
QUARTERLY INFORMATION
Revenue	$ 1,672,743	$ 1,669,066	$ 1,662,931	$ 1,567,153	$ 1,656,316	$ 1,687,150	$ 1,684,571	$ 1,610,737	$ 6,571,893	$ 6,638,774	$ 6,419,285
Earnings from Continuing Operations	75,935	90,811	85,917	53,326	11,483	83,895	75,721	49,126	305,989	220,225	243,275
Net Earnings	$ 76,201	$ 90,619	$ 85,159	$ 52,789	$ 11,079	$ 83,617	$ 75,385	$ 48,260	$ 304,768	$ 218,341	$ 237,871
Earnings from Continuing Operations per Common Share
Earnings from continuing operations per common share — Basic (in dollars per share)	$ 1.43	$ 1.71	$ 1.62	$ 1.01	$ 0.22	$ 1.60	$ 1.43	$ 0.93	$ 5.78	$ 4.18	$ 4.67
Earnings from continuing operations per common share — Diluted (in dollars per share)	1.42	1.70	1.61	1	0.22	1.58	1.42	0.92	5.73	4.14	4.63
Net Earnings per Common Share
Basic (USD per share)	1.44	1.71	1.61	1	0.21	1.59	1.43	0.91	5.75	4.14	4.57
Diluted (USD per share)	$ 1.43	$ 1.69	$ 1.59	$ 0.99	$ 0.21	$ 1.57	$ 1.41	$ 0.90	$ 5.71	$ 4.11	$ 4.53

Valuation and Qualifying Acc136

Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Movement in Valuation Allowances and Reserves [Roll Forward]
Benefit (charge) within operating expense	$ (4,000)	$ 14,000	$ 5,000
Accounts receivable allowance
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	16,388	16,955	15,429
Charged to Earnings	11,172	7,086	7,561
Transferred from (to) Other Accounts	0	0	0
Deductions	12,000	7,653	6,035
Balance at End of Period	15,560	16,388	16,955
Direct finance lease allowance
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	288	501	703
Charged to Earnings	1,495	47	205
Transferred from (to) Other Accounts	0	0	0
Deductions	1,540	260	407
Balance at End of Period	243	288	501
Self-insurance accruals
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	300,994	290,255	279,157
Charged to Earnings	308,026	273,509	266,314
Transferred from (to) Other Accounts	68,999	62,548	60,235
Deductions	366,198	325,318	315,451
Balance at End of Period	311,821	300,994	290,255
Valuation allowance on deferred tax assets
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	24,742	33,793	38,182
Charged to Earnings	(1,150)	(976)	1,627
Transferred from (to) Other Accounts	0	0	0
Deductions	8,601	8,075	6,016
Balance at End of Period	$ 14,991	$ 24,742	$ 33,793