CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,564	$ 686
Receivables, net	601	911
Other current assets	470	548
Total current assets	2,635	2,145
Property and equipment, net	692	792
Operating lease right-of-use assets	2,642	2,596
Deferred income taxes	1,443	1,662
Goodwill	1,112	1,101
Other intangibles, net	780	798
Other non-current assets	249	217
Total assets exclusive of assets under vehicle programs	9,553	9,311
Assets under vehicle programs:
Program cash	94	211
Vehicles, net	8,780	12,177
Receivables from vehicle manufacturers and other	499	778
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	670	649
Total assets under vehicle programs:	10,043	13,815
Total assets	19,596	23,126
Current liabilities:
Accounts payable and other current liabilities	2,147	2,206
Short-term debt and current portion of long-term debt	19	19
Total current liabilities	2,166	2,225
Long-term debt	4,145	3,416
Long-term operating lease liabilities	2,166	2,140
Other non-current liabilities	764	757
Total liabilities exclusive of liabilities under vehicle programs	9,241	8,538
Liabilities under vehicle programs:
Debt	2,234	3,132
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party		7,936
Deferred income taxes	1,685	2,189
Other	407	675
Total Liabilities under vehicle programs	10,431	13,932
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	6,672	6,741
Accumulated deficit	(1,380)	(785)
Accumulated other comprehensive loss	(194)	(157)
Treasury stock, at cost—67 and 63 shares, respectively	(5,175)	(5,144)
Total stockholders’ equity	(76)	656
Total liabilities and stockholders’ equity	$ 19,596	$ 23,126
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10	10
Common stock, shares issued	137	137
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	250	250
Treasury stock, shares	67	63
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0