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CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Revenues $ 2,557 $ 2,432
Expenses    
Operating 1,307 1,147
Vehicle depreciation and lease charges, net 265 111
Selling, general and administrative 324 283
Vehicle interest, net 133 77
Non-vehicle related depreciation and amortization 56 58
Interest expense related to corporate debt, net:    
Interest expense 73 53
Restructuring and other related charges 4 8
Other (income) expense, net (2) 0
Total expenses 2,160 1,737
Income before income taxes 397 695
Provision for income taxes 85 168
Net income 312 527
Less: net income (loss) attributable to non-controlling interests 0 (2)
Net income attributable to Avis Budget Group, Inc. 312 529
Comprehensive income attributable to Avis Budget Group, Inc. $ 302 $ 568
Earnings per share    
Basic (in usd per share) $ 7.88 $ 9.96
Diluted (in usd per share) $ 7.72 $ 9.71