CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 534	$ 692
Receivables (net of allowance for doubtful accounts of $84 and $60, respectively)	775	647
Other current assets	538	456
Total current assets	1,847	1,795
Property and equipment, net	537	657
Operating lease right-of-use assets	2,368	2,560
Deferred income taxes	1,615	1,198
Goodwill	1,108	1,137
Other intangibles, net	724	774
Other non-current assets	382	244
Total assets exclusive of assets under vehicle programs	8,581	8,365
Assets under vehicle programs:
Program cash	89	72
Vehicles, net	12,866	8,153
Receivables from vehicle manufacturers and other	222	281
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	842	667
Assets under vehicle programs	14,019	9,173
Total assets	22,600	17,538
Current liabilities:
Accounts payable and other current liabilities	2,389	2,034
Short-term debt and current portion of long-term debt	19	19
Total current liabilities	2,408	2,053
Long-term debt	3,990	4,191
Long-term operating lease liabilities	1,910	2,078
Other non-current liabilities	625	731
Total liabilities exclusive of liabilities under vehicle programs	8,933	9,053
Liabilities under vehicle programs:
Debt	2,542	1,777
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	8,848	5,080
Deferred income taxes	2,242	1,383
Other	244	400
Total Liabilities under vehicle programs	13,876	8,640
Commitments and contingencies (Note 15)
Stockholders’ equity:
Preferred stock, $.01 par value—authorized 10 shares; none issued and outstanding	0	0
Common stock, $.01 par value—authorized 250 shares; issued 137 shares, respectively	1	1
Additional paid-in capital	6,676	6,668
Accumulated deficit	(185)	(1,470)
Accumulated other comprehensive loss	(133)	(187)
Treasury stock, at cost 81 and 67 shares, respectively	(6,579)	(5,167)
Stockholders’ equity attributable to Avis Budget Group, Inc.	(220)	(155)
Non-controlling interests	11	0
Total stockholders’ equity	(209)	(155)
Total liabilities and stockholders’ equity	$ 22,600	$ 17,538