CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 571	$ 570
Receivables, net	897	810
Other current assets	765	506
Total current assets	2,233	1,886
Property and equipment, net	624	594
Operating lease right-of-use assets	2,547	2,405
Deferred income taxes	1,457	1,379
Goodwill	1,082	1,070
Other intangibles, net	669	666
Other non-current assets	480	499
Total assets exclusive of assets under vehicle programs	9,092	8,499
Assets under vehicle programs:
Program cash	109	70
Vehicles, net	20,625	15,961
Receivables from vehicle manufacturers and other	421	421
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	1,148	976
Total assets under vehicle programs	22,303	17,428
Total Assets	31,395	25,927
Current liabilities:
Accounts payable and other current liabilities	2,810	2,547
Short-term debt and current portion of long-term debt	34	27
Total current liabilities	2,844	2,574
Long-term debt	4,668	4,644
Long-term operating lease liabilities	2,079	1,884
Other non-current liabilities	529	554
Total liabilities exclusive of liabilities under vehicle programs	10,120	9,656
Liabilities under vehicle programs:
Debt	3,399	2,534
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	14,375	11,275
Deferred income taxes	2,997	2,754
Other	629	408
Total liabilities under vehicle programs	21,400	16,971
Commitments and contingencies (Note 13)
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	6,625	6,666
Retained earnings	3,326	2,579
Accumulated other comprehensive loss	(90)	(101)
Treasury stock, at cost— 97 and 98 shares, respectively	(9,991)	(9,848)
Stockholders’ equity attributable to Avis Budget Group, Inc.	(129)	(703)
Non-controlling interests	4	3
Total stockholders’ equity	(125)	(700)
Total Liabilities and Stockholders’ Equity	$ 31,395	$ 25,927