CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 776	$ 490
Receivables, net	762	808
Other current assets	837	519
Total current assets	2,375	1,817
Property and equipment, net	684	685
Deferred income taxes	1,642	1,493
Goodwill	1,043	1,007
Other intangibles, net	867	870
Other non-current assets	202	193
Total assets exclusive of assets under vehicle programs	6,813	6,065
Assets under vehicle programs:
Program cash	65	225
Vehicles, net	13,322	10,464
Receivables from vehicle manufacturers and other	237	527
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	395	362
Total assets under vehicle programs:	14,019	11,578
Total assets	20,832	17,643
Current liabilities:
Accounts payable and other current liabilities	1,849	1,488
Short-term debt and current portion of long-term debt	26	279
Total current liabilities	1,875	1,767
Long-term debt	3,546	3,244
Other non-current liabilities	768	764
Total liabilities exclusive of liabilities under vehicle programs	6,189	5,775
Liabilities under vehicle programs:
Debt	3,486	2,183
Deferred income taxes	2,437	2,429
Other	696	340
Total Liabilities under vehicle programs	14,495	11,647
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, $0.01 par value—authorized 10 shares; none issued and outstanding, at each date	0	0
Common stock, $0.01 par value—authorized 250 shares; issued 137 shares, at each date	1	1
Additional paid-in capital	6,864	6,918
Accumulated deficit	(1,687)	(1,639)
Accumulated other comprehensive loss	(78)	(154)
Treasury stock, at cost—54 and 51 shares, respectively	(4,952)	(4,905)
Total stockholders’ equity	148	221
Total liabilities and stockholders’ equity	$ 20,832	$ 17,643