XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Cumulative effect of accounting change
Stockholders’ Equity Attributable to Avis Budget Group, Inc.
Stockholders’ Equity Attributable to Avis Budget Group, Inc.
Cumulative effect of accounting change
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Deficit
Cumulative effect of accounting change
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2019         137.1         (63.2)  
Beginning balance at Dec. 31, 2019 $ 656 $ (1) $ 656 $ (1) $ 1 $ 6,741 $ (785) $ (1) $ (157) $ (5,144) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) (594)   (594)       (594)        
Other comprehensive income (loss) (37)   (37)           (37)    
Total comprehensive income (loss) (631)   (631)       (594)   (37)    
Contributions from non-controlling interests 2         2          
Net activity related to restricted stock units (in shares)                   0.4  
Net activity related to restricted stock units 0         (82)       $ 82  
Issuance of common stock (in shares)                   0.4  
Issuance of common stock 15   15     15          
Repurchases of common stock (in shares)                   (5.0)  
Repurchases of common stock (113)   (113)             $ (113)  
Ending balance (in shares) at Sep. 30, 2020         137.1         (67.4)  
Ending balance at Sep. 30, 2020 (76)   (76)   $ 1 6,672 (1,380)   (194) $ (5,175) 0
Beginning balance (in shares) at Jun. 30, 2020         137.1         (67.4)  
Beginning balance at Jun. 30, 2020 (153)   (153)   $ 1 6,670 (1,425)   (223) $ (5,176) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 45   45       45        
Other comprehensive income (loss) 29   29           29    
Total comprehensive income (loss) 74   74       45   29    
Contributions from non-controlling interests     2                
Net activity related to restricted stock units 3   3     2       $ 1  
Ending balance (in shares) at Sep. 30, 2020         137.1         (67.4)  
Ending balance at Sep. 30, 2020 (76)   (76)   $ 1 6,672 (1,380)   (194) $ (5,175) 0
Beginning balance (in shares) at Dec. 31, 2020         137.1         (67.3)  
Beginning balance at Dec. 31, 2020 (155)   (155)   $ 1 6,668 (1,470)   (187) $ (5,167) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 902   903       903       (1)
Other comprehensive income (loss) 11   11           11    
Total comprehensive income (loss) $ 913   914       903   11   (1)
Contributions from non-controlling interests     24     24         14
Net activity related to restricted stock units (in shares) 11.7                 0.3  
Net activity related to restricted stock units $ 10   10     (19)       $ 29  
Repurchases of common stock (in shares)                   (11.7)  
Repurchases of common stock (1,004)   (1,004)             $ (1,004)  
Ending balance (in shares) at Sep. 30, 2021         137.1         (78.7)  
Ending balance at Sep. 30, 2021 (198)   (211)   $ 1 6,673 (567)   (176) $ (6,142) 13
Beginning balance (in shares) at Jun. 30, 2021         137.1         (67.1)  
Beginning balance at Jun. 30, 2021 92   92   $ 1 6,646 (1,242)   (161) $ (5,152) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 674   675       675       (1)
Other comprehensive income (loss) (15)   (15)           (15)    
Total comprehensive income (loss) 659   660       675   (15)   (1)
Contributions from non-controlling interests 38   24     (24)         14
Net activity related to restricted stock units 7   7     3       $ 4  
Repurchases of common stock (in shares)                   (11.6)  
Repurchases of common stock (994)   (994)             $ (994)  
Ending balance (in shares) at Sep. 30, 2021         137.1         (78.7)  
Ending balance at Sep. 30, 2021 $ (198)   $ (211)   $ 1 $ 6,673 $ (567)   $ (176) $ (6,142) $ 13