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CONSOLIDATED CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Stockholders’ Equity Attributable to Avis Budget Group, Inc.
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2021     137,100,000          
Beginning balance at Dec. 31, 2021 $ (209) $ (220) $ 1 $ 6,676 $ (185) $ (133) $ (6,579) $ 11
Treasury stock, beginning balance (in shares) at Dec. 31, 2021             (81,200,000)  
Comprehensive income:                
Net income 527 529     529     (2)
Other comprehensive income (loss) 39 39       39    
Comprehensive income attributable to Avis Budget Group, Inc. 566 568     529 39   (2)
Net activity related to restricted stock units (in shares)             200,000  
Net activity related to restricted stock units (33) (33)   (30)     $ (3)  
Repurchases of common stock (in shares)             (6,400,000)  
Repurchases of common stock (1,307) (1,307)         $ (1,307)  
Ending balance (in shares) at Mar. 31, 2022     137,100,000          
Ending balance at Mar. 31, 2022 (983) (992) $ 1 6,646 344 (94) $ (7,889) 9
Treasury stock, ending balance (in shares) at Mar. 31, 2022             (87,400,000)  
Beginning balance (in shares) at Dec. 31, 2022     137,100,000          
Beginning balance at Dec. 31, 2022 $ (700) (703) $ 1 6,666 2,579 (101) $ (9,848) 3
Treasury stock, beginning balance (in shares) at Dec. 31, 2022 (98,000,000)           (97,600,000)  
Comprehensive income:                
Net income $ 312 312     312     0
Other comprehensive income (loss) (10) (10)       (10)    
Comprehensive income attributable to Avis Budget Group, Inc. 302 302     312 (10)   0
Net activity related to restricted stock units (in shares)             300,000  
Net activity related to restricted stock units $ (43) (43)   (46)     $ 3  
Repurchases of common stock (in shares) 0              
Ending balance (in shares) at Mar. 31, 2023     137,100,000          
Ending balance at Mar. 31, 2023 $ (441) $ (444) $ 1 $ 6,620 $ 2,891 $ (111) $ (9,845) $ 3
Treasury stock, ending balance (in shares) at Mar. 31, 2023 (97,000,000)           (97,300,000)