HERTZ GLOBAL HOLDINGS, INC (HTZ) [Rocket]

In millions, except per share items	Jun-30-23	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21
	10-Q	8-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Net income	139	116	940	426	-226	571	-168	190
Depreciation and amortization [+]	32		69		43	153	-54
Depreciation	32		69		43	153	-54
Stock-based compensation		34
Deferred taxes					-125	125	-62
Change in working capital [+]		-119			222	-222	-65
Accounts receivable					223	-223	73
Other current assets		-16
Accounts payable					45	-45	-40
Accrued expenses		-103			43	-43	-62
Income taxes						89	-36
Other					-89
Other operating activities	-171	246	-301	195	684	581	614	10
Cash from operations	0	277	708	621	598	1,208	265	200

Capital expenditures [+]	0	0	29	30	112	-41	26	9
Purchases of property and equipment			29	30	112	-41	26	9
Sales of property and equipment			5	1	-1	17	6	4
Other cash from investing		-760	-1,744	-1,572	-1,215	-2,416	-2,330	-31
Cash from investing	0	-760	-1,710	-1,541	-1,104	-2,440	-2,298	-18

Cash dividends paid					478	-239	239
Issuance of common stock, net		-309	881	766	654
Financing costs		-6			154	-154	7
Other cash from financing		-12	-414	-374	-1,275	3,227	2,052	692
Cash from financing	0	-315	467	392	-297	3,142	2,284	692

Free cash flow	0	277	737	651	710	1,167	291	209
Per share (diluted)	$0.00	$791.43	$1.74	$1.41	$2,253.97	$2.38	$1.82	$1.33