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Debt Under Vehicle Programs and Borrowing Arrangements (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Debt Under Vehicle Programs
Debt under vehicle programs, including related party debt due to Avis Budget Rental Car Funding (AESOP) LLC (“Avis Budget Rental Car Funding”), consisted of:
 
As of December 31,
 
2014
 
2013
Americas – Debt due to Avis Budget Rental Car Funding (a)
$
6,340

 
$
5,656

Americas – Debt borrowings (b)
746

 
633

International – Debt borrowings
685

 
724

International – Capital leases
314

 
289

Other
31

 
35

Total
$
8,116

 
$
7,337

__________ 
(a) 
The increase reflects additional borrowings principally to fund an increase in the Company's fleet driven by increased volume and the acquisition of its Budget licensee for Southern California.
(b) 
The increase includes additional borrowings to fund an increase in the Company’s fleet driven by the acquisition of its Budget licensee for Edmonton.

Schedule of Contractual Maturities
The following table provides the contractual maturities of the Company’s debt under vehicle programs, including related party debt due to Avis Budget Rental Car Funding, at December 31, 2014:
 
Debt Under Vehicle Programs
2015 (a)
$
1,345

2016
2,328

2017
1,004

2018
1,629

2019
1,392

Thereafter
418

 
$
8,116

__________ 
(a) 
Vehicle-backed debt maturing within one year primarily represents term asset-backed securities.
Schedule Of Available Funding Under Vehicle Program
The following table presents available funding under the Company’s debt arrangements related to its vehicle programs, including related party debt due to Avis Budget Rental Car Funding, at December 31, 2014:
 
Total Capacity (a)
 
Outstanding Borrowings
 
Available Capacity
Americas – Debt due to Avis Budget Rental Car Funding (b)
$
9,130

 
$
6,340

 
$
2,790

Americas – Debt borrowings (c)
1,072

 
746

 
326

International – Debt borrowings (d)
1,763

 
685

 
1,078

International – Capital leases (e)
472

 
314

 
158

Other
31

 
31

 

Total
$
12,468

 
$
8,116

 
$
4,352

__________
(a)
Capacity is subject to maintaining sufficient assets to collateralize debt.
(b) 
The outstanding debt is collateralized by approximately $8.0 billion of underlying vehicles and related assets.
(c) 
The outstanding debt is collateralized by approximately $1.0 billion of underlying vehicles and related assets.
(d) 
The outstanding debt is collateralized by approximately $1.2 billion of underlying vehicles and related assets.
(e) 
The outstanding debt is collateralized by $298 million of underlying vehicles and related assets.