Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) (shares in millions): 

		Three Months Ended March 31,
		2023		2022
Net income attributable to Avis Budget Group, Inc. for basic and diluted EPS		$	312	$	529
Basic weighted average shares outstanding		39.6		53.1
Non-vested stock (a)		0.8		1.4
Diluted weighted average shares outstanding		40.4		54.5
Earnings per share:
	Basic	$	7.88	$	9.96
	Diluted	$	7.72	$	9.71

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(a)    For the three months ended March 31, 2023 and 2022, 0.1 million non-vested stock awards, in each period, have an anti-dilutive effect and therefore are excluded from the computation of diluted weighted average shares outstanding.