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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Revenues $ 2,432 $ 1,372
Expenses    
Operating 1,147 832
Vehicle depreciation and lease charges, net 111 254
Selling, general and administrative 283 182
Vehicle interest, net 77 75
Non-vehicle related depreciation and amortization 58 68
Interest expense related to corporate debt, net:    
Interest expense 53 61
Early extinguishment of debt 0 129
Restructuring and other related charges 8 20
Transaction-related costs, net 0 1
Total expenses 1,737 1,622
Income (loss) before income taxes 695 (250)
Provision for (benefit from) income taxes 168 (80)
Net income (loss) 527 (170)
Less: net loss attributable to non-controlling interests (2) 0
Net income (loss) attributable to Avis Budget Group, Inc. 529 (170)
Comprehensive income (loss) attributable to Avis Budget Group, Inc. $ 568 $ (146)
Earnings (loss) per share    
Basic (in usd per share) $ 9.96 $ (2.43)
Diluted (in usd per share) $ 9.71 $ (2.43)