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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Revenues $ 11,994 $ 9,313 $ 5,402
Expenses      
Operating 5,285 4,255 3,322
Vehicle depreciation and lease charges, net 828 1,197 1,368
Selling, general and administrative 1,348 1,145 703
Vehicle interest, net 402 313 318
Non-vehicle related depreciation and amortization 225 272 286
Interest expense related to corporate debt, net:      
Interest expense 250 218 231
Early extinguishment of debt 0 136 9
Restructuring and other related charges 19 64 118
Transaction-related costs, net 8 5 3
Other (income) expense, net (7) 0 0
Total expenses 8,358 7,605 6,358
Income (loss) before income taxes 3,636 1,708 (956)
Provision for (benefit from) income taxes 880 425 (272)
Net income (loss) 2,756 1,283 (684)
Less: net loss attributable to non-controlling interests (8) (2) 0
Net income (loss) attributable to Avis Budget Group, Inc. $ 2,764 $ 1,285 $ (684)
Earnings (loss) per share      
Basic (in USD per share) $ 58.41 $ 19.79 $ (9.71)
Diluted (in USD per share) $ 57.16 $ 19.44 $ (9.71)