Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 490	$ 452
Receivables (net of allowance for doubtful accounts of $38 and $34, respectively)	808	668
Other current assets	519	507
Total current assets	1,817	1,627
Property and equipment, net	685	681
Deferred income taxes	1,493	1,488
Goodwill	1,007	973
Other intangibles, net	870	917
Other non-current assets	193	232
Total assets exclusive of assets under vehicle programs	6,065	5,918
Assets under vehicle programs:
Program cash	225	258
Vehicles, net	10,464	10,658
Receivables from vehicle manufacturers and other	527	438
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	362	362
Assets under vehicle programs	11,578	11,716
Total assets	17,643	17,634
Current liabilities:
Accounts payable and other current liabilities	1,488	1,485
Short-term debt and current portion of long-term debt	279	26
Total current liabilities	1,767	1,511
Long-term debt	3,244	3,435
Other non-current liabilities	764	734
Total liabilities exclusive of liabilities under vehicle programs	5,775	5,680
Liabilities under vehicle programs:
Debt	2,183	2,064
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	6,695	6,796
Deferred income taxes	2,429	2,367
Other	340	288
Total Liabilities under vehicle programs	11,647	11,515
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.01 par value—authorized 10 shares; none issued and outstanding	0	0
Common stock, $.01 par value—authorized 250 shares; issued 137 shares, respectively	1	1
Additional paid-in capital	6,918	7,010
Accumulated deficit	(1,639)	(1,802)
Accumulated other comprehensive loss	(154)	(147)
Treasury stock, at cost—51 and 39 shares, respectively	(4,905)	(4,623)
Total stockholders’ equity	221	439
Total liabilities and stockholders’ equity	$ 17,643	$ 17,634