Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 611	$ 490
Receivables (net of allowance for doubtful accounts of $36 and $38, respectively)	922	808
Other current assets	533	519
Total current assets	2,066	1,817
Property and equipment, net	704	685
Deferred income taxes	931	1,493
Goodwill	1,073	1,007
Other intangibles, net	850	870
Other non-current assets	196	193
Total assets exclusive of assets under vehicle programs	5,820	6,065
Assets under vehicle programs:
Program cash	283	225
Vehicles, net	10,626	10,464
Receivables from vehicle manufacturers and other	547	527
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	423	362
Assets under vehicle programs	11,879	11,578
Total assets	17,699	17,643
Current liabilities:
Accounts payable and other current liabilities	1,619	1,488
Short-term debt and current portion of long-term debt	26	279
Total current liabilities	1,645	1,767
Long-term debt	3,573	3,244
Other non-current liabilities	717	764
Total liabilities exclusive of liabilities under vehicle programs	5,935	5,775
Liabilities under vehicle programs:
Debt	2,741	2,183
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	6,480	6,695
Deferred income taxes	1,594	2,429
Other	376	340
Total Liabilities under vehicle programs	11,191	11,647
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	6,820	6,918
Accumulated deficit	(1,222)	(1,639)
Accumulated other comprehensive loss	(24)	(154)
Treasury stock, at cost—56 and 51 shares, respectively	(5,002)	(4,905)
Total stockholders’ equity	573	221
Total liabilities and stockholders’ equity	$ 17,699	$ 17,643