CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 529	$ 624
Receivables, net	685	599
Deferred income taxes	144	159
Other current assets	763	456
Total current assets	2,121	1,838
Property and equipment, net	637	638
Deferred income taxes	1,261	1,352
Goodwill	971	842
Other intangibles, net	946	886
Other non-current assets	343	355
Total assets exclusive of assets under vehicle programs	6,279	5,911
Assets under vehicle programs:
Program cash	143	119
Vehicles, net	13,395	10,215
Receivables from vehicle manufacturers and other	220	362
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	362	362
Total assets under vehicle programs:	14,120	11,058
Total assets	20,399	16,969
Current liabilities:
Accounts payable and other current liabilities	1,697	1,491
Short-term debt and current portion of long-term debt	32	28
Total current liabilities	1,729	1,519
Long-term debt	3,520	3,392
Other non-current liabilities	723	766
Total liabilities exclusive of liabilities under vehicle programs	5,972	5,677
Liabilities under vehicle programs:
Debt	2,736	1,776
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	8,350	6,340
Deferred income taxes	2,141	2,267
Other	604	244
Total Liabilities under vehicle programs	$ 13,831	$ 10,627
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 137,093,424 shares	1	1
Additional paid-in capital	7,033	7,212
Accumulated deficit	(1,981)	(2,115)
Accumulated other comprehensive loss	(108)	(22)
Treasury stock, at cost—32,699,990 and 31,386,746 shares	(4,349)	(4,411)
Total stockholders’ equity	596	665
Total liabilities and stockholders’ equity	$ 20,399	$ 16,969