CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 544	$ 611
Receivables, net	880	922
Other current assets	699	533
Total current assets	2,123	2,066
Property and equipment, net	716	704
Deferred income taxes	967	931
Goodwill	1,085	1,073
Other intangibles, net	849	850
Other non-current assets	226	196
Total assets exclusive of assets under vehicle programs	5,966	5,820
Assets under vehicle programs:
Program cash	147	283
Vehicles, net	12,354	10,626
Receivables from vehicle manufacturers and other	332	547
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	423	423
Total assets under vehicle programs:	13,256	11,879
Total assets	19,222	17,699
Current liabilities:
Accounts payable and other current liabilities	1,777	1,619
Short-term debt and current portion of long-term debt	26	26
Total current liabilities	1,803	1,645
Long-term debt	3,581	3,573
Other non-current liabilities	763	717
Total liabilities exclusive of liabilities under vehicle programs	6,147	5,935
Liabilities under vehicle programs:
Debt	2,628	2,741
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	7,754	6,480
Deferred income taxes	1,567	1,594
Other	671	376
Total Liabilities under vehicle programs	12,620	11,191
Commitments and contingencies (Note 13)
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	6,780	6,820
Accumulated deficit	(1,344)	(1,222)
Accumulated other comprehensive loss	(22)	(24)
Treasury stock, at cost—56 shares, at each date	(4,960)	(5,002)
Total stockholders’ equity	455	573
Total liabilities and stockholders’ equity	$ 19,222	$ 17,699