CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 548	$ 570
Receivables, net	801	810
Other current assets	634	506
Total current assets	1,983	1,886
Property and equipment, net	604	594
Operating lease right-of-use assets	2,350	2,405
Deferred income taxes	1,399	1,379
Goodwill	1,076	1,070
Other intangibles, net	659	666
Other non-current assets	440	499
Total assets exclusive of assets under vehicle programs	8,511	8,499
Assets under vehicle programs:
Program cash	80	70
Vehicles, net	17,434	15,961
Receivables from vehicle manufacturers and other	353	421
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	1,010	976
Total assets under vehicle programs	18,877	17,428
Total Assets	27,388	25,927
Current liabilities:
Accounts payable and other current liabilities	2,715	2,547
Short-term debt and current portion of long-term debt	34	27
Total current liabilities	2,749	2,574
Long-term debt	4,662	4,644
Long-term operating lease liabilities	1,852	1,884
Other non-current liabilities	497	554
Total liabilities exclusive of liabilities under vehicle programs	9,760	9,656
Liabilities under vehicle programs:
Debt	2,571	2,534
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	12,206	11,275
Deferred income taxes	2,820	2,754
Other	472	408
Total liabilities under vehicle programs	18,069	16,971
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred stock, $0.01 par value—authorized 10 shares; none issued and outstanding, respectively	0	0
Common stock, $0.01 par value—authorized 250 shares; issued 137 shares, respectively	1	1
Additional paid-in capital	6,620	6,666
Retained earnings	2,891	2,579
Accumulated other comprehensive loss	(111)	(101)
Treasury stock, at cost— 97 and 98 shares, respectively	(9,845)	(9,848)
Stockholders’ equity attributable to Avis Budget Group, Inc.	(444)	(703)
Non-controlling interests	3	3
Total stockholders’ equity	(441)	(700)
Total Liabilities and Stockholders’ Equity	$ 27,388	$ 25,927