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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Revenues $ 9,313 $ 5,402 $ 9,172
Expenses      
Operating 4,255 3,322 4,698
Vehicle depreciation and lease charges, net 1,197 1,368 2,063
Selling, general and administrative 1,145 703 1,237
Vehicle interest, net 313 318 344
Non-vehicle related depreciation and amortization 272 286 263
Interest expense related to corporate debt, net:      
Interest expense 218 231 178
Early extinguishment of debt 136 9 12
Restructuring and other related charges 64 118 80
Transaction-related costs, net 5 3 10
Total expenses 7,605 6,358 8,885
Income (loss) before income taxes 1,708 (956) 287
Provision for (benefit from) income taxes 425 (272) (15)
Net income (loss) 1,283 (684) 302
Less: net loss attributable to non-controlling interests (2) 0 0
Net income (loss) attributable to Avis Budget Group, Inc. $ 1,285 $ (684) $ 302
Earnings (loss) per share      
Basic (in USD per share) $ 19.79 $ (9.71) $ 4.01
Diluted (in USD per share) $ 19.44 $ (9.71) $ 3.98