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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Cumulative effect of accounting change
Stockholders’ Equity Attributable to Avis Budget Group, Inc.
Stockholders’ Equity Attributable to Avis Budget Group, Inc.
Cumulative effect of accounting change
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative effect of accounting change
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning balance (in shares)         137.1            
Beginning balance at Dec. 31, 2019 $ 656 $ (1) $ 656 $ (1) $ 1 $ 6,741 $ (785) $ (1) $ (157) $ (5,144) $ 0
Treasury stock, beginning balance (in shares) at Dec. 31, 2019                   (63.2)  
Comprehensive loss:                      
Net income (loss) (684)           (684)        
Other comprehensive income (loss) (30)               (30)    
Total comprehensive income (loss) (714)   (714)       (684)   (30)    
Non-controlling interests (2)   (2)     (2)          
Net activity related to restricted stock units (in shares)                   0.5  
Net activity related to restricted stock units 4   4     (50)       $ 54  
Activity related to employee stock purchase plan 0         (1)       $ 1  
Issuance of common stock (in shares)                   0.4  
Issuance of common stock $ 15   15     (20)       $ 35  
Repurchase of common stock (in shares) (36.0)                 (5.0)  
Repurchases of common stock $ (113)   (113)             $ (113)  
Treasury stock, ending balance (in shares) at Dec. 31, 2020                   (67.3)  
Ending balance (in shares) at Dec. 31, 2020         137.1            
Ending balance at Dec. 31, 2020 (155)   (155)   $ 1 6,668 (1,470)   (187) $ (5,167) 0
Beginning balance at Dec. 31, 2019 656 $ (1) 656 $ (1) $ 1 6,741 (785) $ (1) (157) $ (5,144) 0
Treasury stock, beginning balance (in shares) at Dec. 31, 2019                   (63.2)  
Comprehensive loss:                      
Repurchases of common stock $ (4,800)                    
Treasury stock, ending balance (in shares) at Dec. 31, 2022 (98.0)                 (97.6)  
Ending balance (in shares) at Dec. 31, 2022         137.1            
Ending balance at Dec. 31, 2022 $ (700)   (703)   $ 1 6,666 2,579   (101) $ (9,848) 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning balance (in shares)         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 loss:                      
Net income (loss) 1,283           1,285       (2)
Other comprehensive income (loss) 54               54    
Total comprehensive income (loss) 1,337   1,339       1,285   54   (2)
Contributions from non-controlling interests 38   25     25         13
Net activity related to restricted stock units (in shares)                   0.4  
Net activity related to restricted stock units $ 14   14     (17)       $ 31  
Repurchase of common stock (in shares) (36.0)                 (14.3)  
Repurchases of common stock $ (1,443)   (1,443)             $ (1,443)  
Treasury stock, ending balance (in shares) at Dec. 31, 2021 (81.0)                 (81.2)  
Ending balance (in shares) at Dec. 31, 2021         137.1            
Ending balance at Dec. 31, 2021 $ (209)   (220)   $ 1 6,676 (185)   (133) $ (6,579) 11
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning balance (in shares)         137.1            
Comprehensive loss:                      
Net income (loss) 2,756   2,764       2,764       (8)
Other comprehensive income (loss) 32   32           32    
Total comprehensive income (loss) 2,788   2,796       2,764   32   (8)
Contributions from non-controlling interests 24   24     24          
Net activity related to restricted stock units (in shares)                   0.3  
Net activity related to restricted stock units $ (36)   (36)     (34)       $ (2)  
Repurchase of common stock (in shares) (36.0)                 (16.7)  
Repurchases of common stock $ (3,267)   (3,267)             $ (3,267)  
Treasury stock, ending balance (in shares) at Dec. 31, 2022 (98.0)                 (97.6)  
Ending balance (in shares) at Dec. 31, 2022         137.1            
Ending balance at Dec. 31, 2022 $ (700)   $ (703)   $ 1 $ 6,666 $ 2,579   $ (101) $ (9,848) $ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning balance (in shares)         137.1