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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 713 $ 693
Receivables, net 659 619
Deferred income taxes 173 177
Other current assets 590 455
Total current assets 2,135 1,944
Property and equipment, net 623 614
Deferred income taxes 1,042 1,299
Goodwill 683 691
Other intangibles, net 897 923
Other non-current assets 351 361
Total assets exclusive of assets under vehicle programs 5,731 5,832
Assets under vehicle programs:    
Program cash 89 116
Vehicles, net 11,484 9,582
Receivables from vehicle manufacturers and other 630 391
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party 362 363
Total assets under vehicle programs: 12,565 10,452
Total assets 18,296 16,284
Current liabilities:    
Accounts payable and other current liabilities 1,679 1,479
Short-term debt and current portion of long-term debt 88 89
Total current liabilities 1,767 1,568
Long-term debt 3,247 3,305
Other non-current liabilities 831 847
Total liabilities exclusive of liabilities under vehicle programs 5,845 5,720
Liabilities under vehicle programs:    
Debt 2,517 1,681
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party 6,983 5,656
Deferred income taxes 2,000 2,177
Other 219 279
Total Liabilities under vehicle programs 11,719 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 7,738 7,893
Accumulated deficit (2,138) (2,360)
Accumulated other comprehensive income 49 117
Treasury stock, at cost—33,730,351 and 30,515,721 shares (4,918) (4,880)
Total stockholders’ equity 732 771
Total liabilities and stockholders’ equity $ 18,296 $ 16,284