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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Revenues $ 3,001 $ 1,534 $ 6,744 $ 4,047
Expenses        
Operating 1,225 825 3,089 2,505
Vehicle depreciation and lease charges, net 277 256 869 1,089
Selling, general and administrative 361 166 837 549
Vehicle interest, net 80 77 232 247
Non-vehicle related depreciation and amortization 69 74 199 214
Interest expense related to corporate debt, net:        
Interest expense 47 64 167 163
Early extinguishment of debt 7 2 136 9
Restructuring and other related charges 5 17 47 89
Transaction-related costs, net 1 0 3 3
Total expenses 2,072 1,481 5,579 4,868
Income (loss) before income taxes 929 53 1,165 (821)
Provision for (benefit from) income taxes 255 8 263 (227)
Net income (loss) 674 45 902 (594)
Less: net loss attributable to non-controlling interests (1) 0 (1) 0
Net income (loss) attributable to Avis Budget Group, Inc. 675 45 903 (594)
Comprehensive income (loss) attributable to Avis Budget Group, Inc. $ 660 $ 74 $ 914 $ (631)
Earnings (loss) per share        
Basic (in dollars per share) $ 10.58 $ 0.64 $ 13.31 $ (8.40)
Diluted (in dollars per share) $ 10.45 $ 0.63 $ 13.16 $ (8.40)