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CONSOLIDATED CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Stockholders’ Equity Attributable to Avis Budget Group, Inc.
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2020     137.1          
Beginning balance at Dec. 31, 2020 $ (155) $ (155) $ 1 $ 6,668 $ (1,470) $ (187) $ (5,167) $ 0
Treasury stock, beginning balance (in shares) at Dec. 31, 2020             (67.3)  
Comprehensive income:                
Net income 228 228     228      
Other comprehensive income (loss) 26 26       26    
Comprehensive income attributable to Avis Budget Group, Inc. 254 254     228 26   0
Net activity related to restricted stock units (in shares)             0.3  
Net activity related to restricted stock units 3 3   (22)     $ 25  
Repurchases of common stock (in shares)             (0.1)  
Repurchases of common stock (10) (10)         $ (10)  
Ending balance (in shares) at Jun. 30, 2021     137.1          
Ending balance at Jun. 30, 2021 92 92 $ 1 6,646 (1,242) (161) $ (5,152) 0
Treasury stock, ending balance (in shares) at Jun. 30, 2021             (67.1)  
Beginning balance (in shares) at Mar. 31, 2021     137.1          
Beginning balance at Mar. 31, 2021 (316) (316) $ 1 6,642 (1,640) (163) $ (5,156) 0
Treasury stock, beginning balance (in shares) at Mar. 31, 2021             (67.2)  
Comprehensive income:                
Net income 398 398     398      
Other comprehensive income (loss) 2 2       2    
Comprehensive income attributable to Avis Budget Group, Inc. 400 400     398 2    
Net activity related to restricted stock units (in shares)             0.1  
Net activity related to restricted stock units 8 8   4     $ 4  
Ending balance (in shares) at Jun. 30, 2021     137.1          
Ending balance at Jun. 30, 2021 92 92 $ 1 6,646 (1,242) (161) $ (5,152) 0
Treasury stock, ending balance (in shares) at Jun. 30, 2021             (67.1)  
Beginning balance (in shares) at Dec. 31, 2021     137.1          
Beginning balance at Dec. 31, 2021 (209) (220) $ 1 6,676 (185) (133) $ (6,579) 11
Treasury stock, beginning balance (in shares) at Dec. 31, 2021             (81.2)  
Comprehensive income:                
Net income 1,301 1,307     1,307     (6)
Other comprehensive income (loss) 3 3       3    
Comprehensive income attributable to Avis Budget Group, Inc. $ 1,304 1,310     1,307 3   (6)
Net activity related to restricted stock units (in shares) 7.9           0.3  
Net activity related to restricted stock units $ (36) (36)   (33)     $ (3)  
Repurchases of common stock (in shares)             (7.9)  
Repurchases of common stock (1,708) (1,708)         $ (1,708)  
Ending balance (in shares) at Jun. 30, 2022     137.1          
Ending balance at Jun. 30, 2022 (649) (654) $ 1 6,643 1,122 (130) $ (8,290) 5
Treasury stock, ending balance (in shares) at Jun. 30, 2022             (88.8)  
Beginning balance (in shares) at Mar. 31, 2022     137.1          
Beginning balance at Mar. 31, 2022 (983) (992) $ 1 6,646 344 (94) $ (7,889) 9
Treasury stock, beginning balance (in shares) at Mar. 31, 2022             (87.4)  
Comprehensive income:                
Net income 774 778     778     (4)
Other comprehensive income (loss) (36) (36)       (36)    
Comprehensive income attributable to Avis Budget Group, Inc. 738 742     778 (36)   (4)
Net activity related to restricted stock units (in shares)             0.1  
Net activity related to restricted stock units (3) (3)   (3)        
Repurchases of common stock (in shares)             (1.5)  
Repurchases of common stock (401) (401)         $ (401)  
Ending balance (in shares) at Jun. 30, 2022     137.1          
Ending balance at Jun. 30, 2022 $ (649) $ (654) $ 1 $ 6,643 $ 1,122 $ (130) $ (8,290) $ 5
Treasury stock, ending balance (in shares) at Jun. 30, 2022             (88.8)