Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Cash and Cash Equivalents

The following table provides a detail of cash and cash equivalents, program and restricted cash reported within the Consolidated Condensed Balance Sheets to the amounts shown in the Consolidated Condensed Statements of Cash Flows.

	As of September 30,
	2023		2022
Cash and cash equivalents	$	572	$	581
Program cash	146		139
Restricted cash (a)	3		1
Total cash and cash equivalents, program and restricted cash	$	721	$	721

________

(a)Included within other current assets.

Schedule of Restrictions on Cash and Cash Equivalents

The following table provides a detail of cash and cash equivalents, program and restricted cash reported within the Consolidated Condensed Balance Sheets to the amounts shown in the Consolidated Condensed Statements of Cash Flows.

	As of September 30,
	2023		2022
Cash and cash equivalents	$	572	$	581
Program cash	146		139
Restricted cash (a)	3		1
Total cash and cash equivalents, program and restricted cash	$	721	$	721

________

(a)Included within other current assets.

Schedule of Disaggregation of Revenue

The following table presents our revenues disaggregated by geography:

	Three Months Ended  September 30,				Nine Months Ended  September 30,
	2023		2022		2023		2022
Americas	$	2,736	$	2,703	$	7,180	$	7,270
Europe, Middle East and Africa	672		678		1,582		1,527
Asia and Australasia	156		166		482		426
Total revenues	$	3,564	$	3,547	$	9,244	$	9,223

The following table presents our revenues disaggregated by brand:

	Three Months Ended  September 30,				Nine Months Ended  September 30,
	2023		2022		2023		2022
Avis	$	2,043	$	1,958	$	5,206	$	4,992
Budget	1,314		1,371		3,471		3,637
Other	207		218		567		594
Total revenues	$	3,564	$	3,547	$	9,244	$	9,223

________

Other includes Zipcar and other operating brands.