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Guarantor and Non-Guarantor Consolidating Financial Statements (Tables)
12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Consolidating Condensed Income Statement
Consolidating Condensed Statements of Operations
For the Year Ended December 31, 2016
 
 
 
 
Parent
 
Subsidiary Issuers
 
Guarantor
Subsidiaries
 
Non-
Guarantor 
Subsidiaries
 
Eliminations
 
Total
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle rental
$

 
$

 
$
4,134

 
$
1,947

 
$

 
$
6,081

 
Other

 

 
1,209

 
3,563

 
(2,194
)
 
2,578

Net revenues

 

 
5,343

 
5,510

 
(2,194
)
 
8,659

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Expenses
 
 
 
 
 
 
 
 
 
 
 
 
Operating
4

 
18

 
2,622

 
1,738

 

 
4,382

 
Vehicle depreciation and lease charges, net

 

 
1,993

 
2,045

 
(1,991
)
 
2,047

 
Selling, general and administrative
38

 
18

 
631

 
447

 

 
1,134

 
Vehicle interest, net

 

 
198

 
289

 
(203
)
 
284

 
Non-vehicle related depreciation and amortization

 
2

 
155

 
96

 

 
253

 
Interest expense related to corporate debt, net:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense

 
141

 
3

 
59

 

 
203

 
 
Intercompany interest expense (income)
(13
)
 
(7
)
 
23

 
(3
)
 

 

 
 
Early extinguishment of debt

 
10

 

 
17

 

 
27

 
Restructuring Expense

 

 
9

 
20

 

 
29

 
Transaction-related costs, net

 
2

 
1

 
18

 

 
21

Total expenses
29

 
184

 
5,635

 
4,726

 
(2,194
)
 
8,380

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and equity in earnings of subsidiaries
(29
)
 
(184
)
 
(292
)
 
784

 

 
279

Provision for (benefit from) income taxes
(11
)
 
(70
)
 
123

 
74

 

 
116

Equity in earnings of subsidiaries
181

 
295

 
710

 

 
(1,186
)
 

Net income
$
163

 
$
181

 
$
295

 
$
710

 
$
(1,186
)
 
$
163

 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income
$
156

 
$
173

 
$
283

 
$
712

 
$
(1,168
)
 
$
156

 
 
 
Parent
 
Subsidiary Issuers
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle rental
$

 
$

 
$
4,124

 
$
1,902

 
$

 
$
6,026

 
Other

 

 
1,181

 
3,335

 
(2,040
)
 
2,476

Net revenues

 

 
5,305

 
5,237

 
(2,040
)
 
8,502

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Expenses
 
 
 
 
 
 
 
 
 
 
 
 
Operating
2

 
17

 
2,587

 
1,678

 

 
4,284

 
Vehicle depreciation and lease charges, net

 
1

 
1,819

 
1,936

 
(1,823
)
 
1,933

 
Selling, general and administrative
32

 
15

 
619

 
427

 

 
1,093

 
Vehicle interest, net

 

 
204

 
302

 
(217
)
 
289

 
Non-vehicle related depreciation and amortization

 
1

 
133

 
84

 

 
218

 
Interest expense related to corporate debt, net:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense

 
159

 
(5
)
 
40

 

 
194

 
 
Intercompany interest expense (income)
(12
)
 
(11
)
 
16

 
7

 

 

 
 
Early extinguishment of debt

 
23

 

 

 

 
23

 
Transaction-related costs, net

 
22

 
6

 
40

 

 
68

 
Restructuring expense

 

 
6

 
12

 

 
18

Total expenses
22

 
227

 
5,385

 
4,526

 
(2,040
)
 
8,120

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and equity in earnings of subsidiaries
(22
)
 
(227
)
 
(80
)
 
711

 

 
382

Provision for (benefit from) income taxes
(9
)
 
(178
)
 
170

 
86

 

 
69

Equity in earnings of subsidiaries
326

 
375

 
625

 

 
(1,326
)
 

Net income
$
313

 
$
326

 
$
375

 
$
625

 
$
(1,326
)
 
$
313

 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income
$
188

 
$
203

 
$
253

 
$
504

 
$
(960
)
 
$
188

For the Year Ended December 31, 2014
 
 
 
 
Parent
 
Subsidiary 
Issuers
 
Guarantor
Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle rental
$

 
$

 
$
4,038

 
$
1,988

 
$

 
$
6,026

 
Other

 

 
1,167

 
3,426

 
(2,134
)
 
2,459

Net revenues

 

 
5,205

 
5,414

 
(2,134
)
 
8,485

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Expenses
 
 
 
 
 
 
 
 
 
 
 
 
Operating
10

 
13

 
2,525

 
1,703

 

 
4,251

 
Vehicle depreciation and lease charges, net

 
1

 
1,920

 
1,996

 
(1,921
)
 
1,996

 
Selling, general and administrative
27

 
23

 
602

 
428

 

 
1,080

 
Vehicle interest, net

 

 
200

 
295

 
(213
)
 
282

 
Non-vehicle related depreciation and amortization

 
2

 
111

 
67

 

 
180

 
Interest expense related to corporate debt, net:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
2

 
163

 
2

 
42

 

 
209

 
 
Intercompany interest expense (income)
(13
)
 
(11
)
 
1

 
23

 

 

 
 
Early extinguishment of debt

 
56

 

 

 

 
56

 
Restructuring expense

 

 
7

 
19

 

 
26

 
Transaction-related costs, net
1

 
8

 
(20
)
 
24

 

 
13

Total expenses
27

 
255

 
5,348

 
4,597

 
(2,134
)
 
8,093

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes and equity in earnings of subsidiaries
(27
)
 
(255
)
 
(143
)
 
817

 

 
392

Provision for (benefit from) income taxes
(10
)
 
(108
)
 
186

 
79

 

 
147

Equity in earnings of subsidiaries
262

 
409

 
738

 

 
(1,409
)
 

Net income
$
245

 
$
262

 
$
409

 
$
738

 
$
(1,409
)
 
$
245

 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income
$
106

 
$
123

 
$
273

 
$
624

 
$
(1,020
)
 
$
106

Consolidating Condensed Balance Sheet
As of December 31, 2015
 
 
 
Parent
 
Subsidiary Issuers
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
4

 
$
70

 
$

 
$
378

 
$

 
$
452

 
Receivables, net

 

 
212

 
456

 

 
668

 
Other current assets
2

 
78

 
83

 
344

 

 
507

Total current assets
6

 
148

 
295

 
1,178

 

 
1,627

 
 
 
 
 
 
 
 
 
 
 
 
 
Property and equipment, net

 
134

 
345

 
202

 

 
681

Deferred income taxes
20

 
1,246

 
253

 

 
(31
)
 
1,488

Goodwill

 

 
487

 
486

 

 
973

Other intangibles, net

 
30

 
525

 
362

 

 
917

Other non-current assets
93

 
15

 
17

 
107

 

 
232

Intercompany receivables
160

 
367

 
1,070

 
696

 
(2,293
)
 

Investment in subsidiaries
272

 
3,426

 
3,680

 

 
(7,378
)
 

Total assets exclusive of assets under vehicle programs
551

 
5,366

 
6,672

 
3,031

 
(9,702
)
 
5,918

 
 
 
 
 
 
 
 
 
 
 
 
 
Assets under vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
 
Program cash

 

 

 
258

 

 
258

 
Vehicles, net

 
18

 
78

 
10,562

 

 
10,658

 
Receivables from vehicle manufacturers and other

 

 

 
438

 

 
438

 
Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party

 

 

 
362

 

 
362

 
 

 
18

 
78

 
11,620

 

 
11,716

Total assets
$
551

 
$
5,384

 
$
6,750

 
$
14,651

 
$
(9,702
)
 
$
17,634

 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities and stockholders’ equity
 
 
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and other current liabilities
$
24

 
$
180

 
$
471

 
$
810

 
$

 
$
1,485

 
Short-term debt and current portion of long-term debt

 
14

 
5

 
7

 

 
26

Total current liabilities
24

 
194

 
476

 
817

 

 
1,511

 
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt

 
2,932

 
2

 
501

 

 
3,435

Other non-current liabilities
88

 
85

 
237

 
355

 
(31
)
 
734

Intercompany payables

 
1,897

 
336

 
60

 
(2,293
)
 

Total liabilities exclusive of liabilities under vehicle programs
112

 
5,108

 
1,051

 
1,733

 
(2,324
)
 
5,680

Liabilities under vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
 
Debt

 
4

 
74

 
1,986

 

 
2,064

 
Due to Avis Budget Rental Car Funding (AESOP) LLC-related party

 

 

 
6,796

 

 
6,796

 
Deferred income taxes

 

 
2,199

 
168

 

 
2,367

 
Other

 

 

 
288

 

 
288

 
 

 
4

 
2,273

 
9,238

 

 
11,515

Total stockholders’ equity
439

 
272

 
3,426

 
3,680

 
(7,378
)
 
439

Total liabilities and stockholders’ equity
$
551

 
$
5,384

 
$
6,750

 
$
14,651

 
$
(9,702
)
 
$
17,634

Consolidating Condensed Balance Sheets
As of December 31, 2016
 
 
 
Parent
 
Subsidiary Issuers
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
3

 
$
12

 
$

 
$
475

 
$

 
$
490

 
Receivables, net

 

 
231

 
577

 

 
808

 
Other current assets
2

 
101

 
90

 
326

 

 
519

Total current assets
5

 
113

 
321

 
1,378

 

 
1,817

 
 
 
 
 
 
 
 
 
 
 
 
 
Property and equipment, net

 
148

 
341

 
196

 

 
685

Deferred income taxes
20

 
1,219

 
268

 

 
(14
)
 
1,493

Goodwill

 

 
489

 
518

 

 
1,007

Other intangibles, net

 
28

 
502

 
340

 

 
870

Other non-current assets
75

 
24

 
16

 
78

 

 
193

Intercompany receivables
171

 
359

 
1,466

 
670

 
(2,666
)
 

Investment in subsidiaries
42

 
3,717

 
3,698

 

 
(7,457
)
 

Total assets exclusive of assets under vehicle programs
313

 
5,608

 
7,101

 
3,180

 
(10,137
)
 
6,065

 
 
 
 
 
 
 
 
 
 
 
 
 
Assets under vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
 
Program cash

 

 

 
225

 

 
225

 
Vehicles, net

 
24

 
70

 
10,370

 

 
10,464

 
Receivables from vehicle manufacturers and other

 
1

 

 
526

 

 
527

 
Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party

 

 

 
362

 

 
362

 
 

 
25

 
70

 
11,483

 

 
11,578

Total assets
$
313

 
$
5,633

 
$
7,171

 
$
14,663

 
$
(10,137
)
 
$
17,643

 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities and stockholders’ equity
 
 
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and other current liabilities
$
23

 
$
189

 
$
512

 
$
764

 
$

 
$
1,488

 
Short-term debt and current portion of long-term debt

 
264

 
3

 
12

 

 
279

Total current liabilities
23

 
453

 
515

 
776

 

 
1,767

 
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt

 
2,730

 
3

 
511

 

 
3,244

Other non-current liabilities
69

 
88

 
253

 
368

 
(14
)
 
764

Intercompany payables

 
2,306

 
359

 
1

 
(2,666
)
 

Total liabilities exclusive of liabilities under vehicle programs
92

 
5,577

 
1,130

 
1,656

 
(2,680
)
 
5,775

Liabilities under vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
 
Debt

 
14

 
66

 
2,103

 

 
2,183

 
Due to Avis Budget Rental Car Funding (AESOP) LLC-related party

 

 

 
6,695

 

 
6,695

 
Deferred income taxes

 

 
2,258

 
171

 

 
2,429

 
Other

 

 

 
340

 

 
340

 
 

 
14

 
2,324

 
9,309

 

 
11,647

Total stockholders’ equity
221

 
42

 
3,717

 
3,698

 
(7,457
)
 
221

Total liabilities and stockholders’ equity
$
313

 
$
5,633

 
$
7,171

 
$
14,663

 
$
(10,137
)
 
$
17,643

Consolidating Condensed Cash Flow Statement
For the Year Ended December 31, 2015
 
 
Parent
 
Subsidiary Issuers
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash provided by (used in) operating activities
$
60

 
$
249

 
$
146

 
$
2,204

 
$
(75
)
 
$
2,584

 
 
 
 
 
 
 
 
 
 
 
 
Investing activities
 
 
 
 
 
 
 
 
 
 
 
Property and equipment additions

 
(26
)
 
(98
)
 
(75
)
 

 
(199
)
Proceeds received on asset sales

 
7

 
1

 
7

 

 
15

Net assets acquired (net of cash acquired)

 
(8
)
 
(9
)
 
(239
)
 

 
(256
)
Intercompany loan receipts (advances)

 
(30
)
 
(96
)
 

 
126

 

Other, net
334

 
(127
)
 
1

 
8

 
(210
)
 
6

Net cash provided by (used in) investing activities exclusive of vehicle programs
334

 
(184
)
 
(201
)
 
(299
)
 
(84
)
 
(434
)
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
Increase in program cash

 

 

 
(148
)
 

 
(148
)
Investment in vehicles

 
(1
)
 
(2
)
 
(11,925
)
 

 
(11,928
)
Proceeds received on disposition of vehicles

 
19

 

 
9,661

 

 
9,680

 

 
18

 
(2
)
 
(2,412
)
 

 
(2,396
)
Net cash provided by (used in) investing activities
334

 
(166
)
 
(203
)
 
(2,711
)
 
(84
)
 
(2,830
)
 
 
 
 
 
 
 
 
 
 
 
 
Financing activities
 
 
 
 
 
 
 
 
 
 
 
Proceeds from long-term borrowings

 
375

 

 
2

 

 
377

Payments on long-term borrowings

 
(256
)
 
(4
)
 
(41
)
 

 
(301
)
Net change in short-term borrowings

 

 

 
(22
)
 

 
(22
)
Debt financing fees

 
(7
)
 

 

 

 
(7
)
Repurchases of common stock
(393
)
 

 

 

 

 
(393
)
Intercompany loan borrowings (payments)

 

 

 
126

 
(126
)
 

Other, net
1

 
(335
)
 
70

 
(28
)
 
285

 
(7
)
Net cash provided by (used in) financing activities exclusive of vehicle programs
(392
)
 
(223
)
 
66

 
37

 
159

 
(353
)
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
Proceeds from borrowings

 

 

 
14,138

 

 
14,138

Payments on borrowings

 

 
(9
)
 
(13,639
)
 

 
(13,648
)
Debt financing fees

 

 

 
(22
)
 

 
(22
)
 

 

 
(9
)
 
477

 

 
468

Net cash provided by (used in) financing activities
(392
)
 
(223
)
 
57

 
514

 
159

 
115

Effect of changes in exchange rates on cash and cash equivalents

 

 

 
(41
)
 

 
(41
)
Net decrease in cash and cash equivalents
2

 
(140
)
 

 
(34
)
 

 
(172
)
Cash and cash equivalents, beginning of period
2

 
210

 

 
412

 

 
624

Cash and cash equivalents, end of period
$
4

 
$
70

 
$

 
$
378

 
$

 
$
452

Consolidating Condensed Statements of Cash Flows
For the Year Ended December 31, 2016
 
 
Parent
 
Subsidiary Issuers
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash provided by (used in) operating activities
$
268

 
$
(10
)
 
$
80

 
$
2,633

 
$
(342
)
 
$
2,629

 
 
 
 
 
 
 
 
 
 
 
 
Investing activities
 
 
 
 
 
 
 
 
 
 
 
Property and equipment additions

 
(32
)
 
(89
)
 
(69
)
 

 
(190
)
Proceeds received on asset sales

 
7

 
4

 
8

 

 
19

Net assets acquired (net of cash acquired)

 

 
(4
)
 
(51
)
 

 
(55
)
Intercompany loan receipts (advances)

 

 
28

 
(316
)
 
288

 

Other, net
118

 
(1
)
 

 
4

 
(118
)
 
3

Net cash provided by (used in) investing activities exclusive of vehicle programs
118

 
(26
)
 
(61
)
 
(424
)
 
170

 
(223
)
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
Decrease in program cash

 

 

 
31

 

 
31

Investment in vehicles

 
(9
)
 
(4
)
 
(12,448
)
 

 
(12,461
)
Proceeds received on disposition of vehicles

 
31

 

 
10,473

 

 
10,504

 

 
22

 
(4
)
 
(1,944
)
 

 
(1,926
)
Net cash provided by (used in) investing activities
118

 
(4
)
 
(65
)
 
(2,368
)
 
170

 
(2,149
)
 
 
 
 
 
 
 
 
 
 
 
 
Financing activities
 
 
 
 
 
 
 
 
 
 
 
Proceeds from long-term borrowings

 
557

 

 
337

 

 
894

Payments on long-term borrowings

 
(525
)
 
(5
)
 
(317
)
 

 
(847
)
Net change in short-term borrowings

 

 

 
4

 

 
4

Debt financing fees

 
(15
)
 

 
(5
)
 

 
(20
)
Repurchases of common stock
(387
)
 

 

 

 

 
(387
)
Intercompany loan borrowings (payments)

 
316

 

 
(28
)
 
(288
)
 

Other, net

 
(385
)
 

 
(75
)
 
460

 

Net cash provided by (used in) financing activities exclusive of vehicle programs
(387
)
 
(52
)
 
(5
)
 
(84
)
 
172

 
(356
)
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
Proceeds from borrowings

 
8

 

 
15,761

 

 
15,769

Payments on borrowings

 

 
(9
)
 
(15,817
)
 

 
(15,826
)
Debt financing fees

 

 
(1
)
 
(24
)
 

 
(25
)
 

 
8

 
(10
)
 
(80
)
 

 
(82
)
Net cash provided by (used in) financing activities
(387
)
 
(44
)
 
(15
)
 
(164
)
 
172

 
(438
)
Effect of changes in exchange rates on cash and cash equivalents

 

 

 
(4
)
 

 
(4
)
Net increase (decrease) in cash and cash equivalents
(1
)
 
(58
)
 

 
97

 

 
38

Cash and cash equivalents, beginning of period
4

 
70

 

 
378

 

 
452

Cash and cash equivalents, end of period
$
3

 
$
12

 
$

 
$
475

 
$

 
$
490

For the Year Ended December 31, 2014
 
 
Parent
 
Subsidiary Issuers
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash provided by (used in) operating activities
$

 
$
469

 
$
340

 
$
1,840

 
$
(70
)
 
$
2,579

 
 
 
 
 
 
 
 
 
 
 
 
Investing activities
 
 
 
 
 
 
 
 
 
 
 
Property and equipment additions

 
(20
)
 
(84
)
 
(78
)
 

 
(182
)
Proceeds received on asset sales

 
7

 
8

 
6

 

 
21

Net assets acquired (net of cash acquired)

 

 
(263
)
 
(153
)
 

 
(416
)
Other, net
285

 
(9
)
 
(2
)
 

 
(285
)
 
(11
)
Net cash provided by (used in) investing activities exclusive of vehicle programs
285

 
(22
)
 
(341
)
 
(225
)
 
(285
)
 
(588
)
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
Increase in program cash

 

 

 
(10
)
 

 
(10
)
Investment in vehicles

 
(9
)
 
(90
)
 
(11,776
)
 

 
(11,875
)
Proceeds received on disposition of vehicles

 
8

 

 
9,658

 

 
9,666

 

 
(1
)
 
(90
)
 
(2,128
)
 

 
(2,219
)
Net cash provided by (used in) investing activities
285

 
(23
)
 
(431
)
 
(2,353
)
 
(285
)
 
(2,807
)
 
 
 
 
 
 
 
 
 
 
 
 
Financing activities
 
 
 
 
 
 
 
 
 
 
 
Proceeds from long-term borrowings

 
575

 

 
296

 

 
871

Payments on long-term borrowings

 
(756
)
 
(5
)
 
(1
)
 

 
(762
)
Net change in short-term borrowings

 

 

 
5

 

 
5

Debt financing fees

 
(12
)
 

 
(5
)
 

 
(17
)
Repurchases of common stock
(297
)
 

 

 

 

 
(297
)
Other, net

 
(285
)
 

 
(70
)
 
355

 

Net cash provided by (used in) financing activities exclusive of vehicle programs
(297
)
 
(478
)
 
(5
)
 
225

 
355

 
(200
)
 
 
 
 
 
 
 
 
 
 
 
 
Vehicle programs:
 
 
 
 
 
 
 
 
 
 
 
Proceeds from borrowings

 

 
88

 
14,285

 

 
14,373

Payments on borrowings

 

 
(3
)
 
(13,960
)
 

 
(13,963
)
Debt financing fees

 

 
(1
)
 
(27
)
 

 
(28
)
 

 

 
84

 
298

 

 
382

Net cash provided by (used in) financing activities
(297
)
 
(478
)
 
79

 
523

 
355

 
182

Effect of changes in exchange rates on cash and cash equivalents

 

 

 
(23
)
 

 
(23
)
Net decrease in cash and cash equivalents
(12
)
 
(32
)
 
(12
)
 
(13
)
 

 
(69
)
Cash and cash equivalents, beginning of period
14

 
242

 
12

 
425

 

 
693

Cash and cash equivalents, end of period
$
2

 
$
210

 
$

 
$
412

 
$

 
$
624