CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 540	$ 615
Receivables, net	915	955
Other current assets	682	604
Total current assets	2,137	2,174
Property and equipment, net	737	736
Operating lease right-of-use assets	2,506	0
Deferred income taxes	1,389	1,301
Goodwill	1,086	1,092
Other intangibles, net	809	825
Other non-current assets	258	242
Total assets exclusive of assets under vehicle programs	8,922	6,370
Assets under vehicle programs:
Program cash	131	115
Vehicles, net	12,585	11,474
Receivables from vehicle manufacturers and other	627	631
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	637	559
Total assets under vehicle programs:	13,980	12,779
Total assets	22,902	19,149
Current liabilities:
Accounts payable and other current liabilities	2,235	1,693
Short-term debt and current portion of long-term debt	23	23
Total current liabilities	2,258	1,716
Long-term debt	3,501	3,528
Long-term operating lease liabilities	2,046	0
Other non-current liabilities	739	767
Total liabilities exclusive of liabilities under vehicle programs	8,544	6,011
Liabilities under vehicle programs:
Debt	2,665	2,874
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	8,540	7,358
Deferred income taxes	1,995	1,961
Other	834	531
Total Liabilities under vehicle programs	14,034	12,724
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred stock, $0.01 par value—authorized 10 shares; none issued and outstanding, respectively	0	0
Common stock, $0.01 par value—authorized 250 shares; issued 137 shares, respectively	1	1
Additional paid-in capital	6,737	6,771
Accumulated deficit	(1,178)	(1,091)
Accumulated other comprehensive loss	(137)	(133)
Treasury stock, at cost—61 shares, respectively	(5,099)	(5,134)
Total stockholders’ equity	324	414
Total liabilities and stockholders’ equity	$ 22,902	$ 19,149