XML 145 R47.htm IDEA: XBRL DOCUMENT v2.4.0.8
Financial Instruments (Schedule Of Carrying Amounts And Estimated Fair Values) (Detail) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Debt Instrument [Line Items]    
Short-term debt and current portion of long-term debt $ 221 $ 57
Carrying (Reported) Amount, Fair Value Disclosure [Member]
   
Debt Instrument [Line Items]    
Short-term debt and current portion of long-term debt 221 57
Long-term debt, excluding convertible debt 3,120 2,720
Convertible debt 75 128
Debt under vehicle programs Vehicle-backed debt due to Avis Budget Rental Car Funding (AESOP) LLC 6,986 5,203
Vehicle-backed debt 2,363 1,599
Interest rate swaps and interest rate contracts 8 [1] 4 [1]
Estimate Of Fair Value, Fair Value Disclosure [Member]
   
Debt Instrument [Line Items]    
Short-term debt and current portion of long-term debt 221 [2] 58 [2]
Long-term debt, excluding convertible debt 3,193 [2] 2,903 [2]
Convertible debt 138 [2] 171 [2]
Debt under vehicle programs Vehicle-backed debt due to Avis Budget Rental Car Funding (AESOP) LLC 7,085 [2] 5,391 [2]
Vehicle-backed debt 2,370 [2] 1,613 [2]
Interest rate swaps and interest rate contracts $ 8 [1],[2] $ 4 [1],[2]
[1] Derivatives in a liability position.
[2] The fair value measurements are based on significant observable inputs (Level 2).