CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 534	$ 615
Receivables, net	920	955
Other current assets	832	604
Total current assets	2,286	2,174
Property and equipment, net	749	736
Operating lease right-of-use assets	2,409	0
Deferred income taxes	1,438	1,301
Goodwill	1,107	1,092
Other intangibles, net	806	825
Other non-current assets	223	242
Total assets exclusive of assets under vehicle programs	9,018	6,370
Assets under vehicle programs:
Program cash	48	115
Vehicles, net	14,278	11,474
Receivables from vehicle manufacturers and other	432	631
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	679	559
Total assets under vehicle programs:	15,437	12,779
Total assets	24,455	19,149
Current liabilities:
Accounts payable and other current liabilities	2,249	1,693
Short-term debt and current portion of long-term debt	420	23
Total current liabilities	2,669	1,716
Long-term debt	3,115	3,528
Long-term operating lease liabilities	1,995	0
Other non-current liabilities	752	767
Total liabilities exclusive of liabilities under vehicle programs	8,531	6,011
Liabilities under vehicle programs:
Debt	3,543	2,874
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	8,913	7,358
Deferred income taxes	2,029	1,961
Other	1,063	531
Total Liabilities under vehicle programs	15,548	12,724
Commitments and contingencies (Note 13)
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	6,723	6,771
Accumulated deficit	(1,116)	(1,091)
Accumulated other comprehensive loss	(139)	(133)
Treasury stock, at cost—61 shares, respectively	(5,093)	(5,134)
Total stockholders’ equity	376	414
Total liabilities and stockholders’ equity	$ 24,455	$ 19,149