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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 537 $ 693
Receivables, net 753 619
Deferred income taxes 176 177
Other current assets 666 455
Total current assets 2,132 1,944
Property and equipment, net 628 614
Deferred income taxes 1,190 1,299
Goodwill 707 691
Other intangibles, net 932 923
Other non-current assets 353 361
Total assets exclusive of assets under vehicle programs 5,942 5,832
Assets under vehicle programs:    
Program cash 145 116
Vehicles, net 13,366 9,582
Receivables from vehicle manufacturers and other 174 391
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party 362 363
Total assets under vehicle programs: 14,047 10,452
Total assets 19,989 16,284
Current liabilities:    
Accounts payable and other current liabilities 1,636 1,479
Short-term debt and current portion of long-term debt 89 89
Total current liabilities 1,725 1,568
Long-term debt 3,299 3,305
Other non-current liabilities 852 847
Total liabilities exclusive of liabilities under vehicle programs 5,876 5,720
Liabilities under vehicle programs:    
Debt 2,747 1,681
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party 8,101 5,656
Deferred income taxes 2,070 2,177
Other 528 279
Total Liabilities under vehicle programs 13,446 9,793
Commitments and contingencies      
Stockholders’ equity:    
Preferred stock, $0.01 par value—authorized 10 million shares; none issued and outstanding 0 0
Common stock, $0.01 par value—authorized 250 million shares; issued 137,093,424 and 137,081,056 shares 1 1
Additional paid-in capital 7,733 7,893
Accumulated deficit (2,330) (2,360)
Accumulated other comprehensive income 125 117
Treasury stock, at cost—32,776,840 and 30,515,721 shares (4,862) (4,880)
Total stockholders’ equity 667 771
Total liabilities and stockholders’ equity $ 19,989 $ 16,284