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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)     137.1          
Beginning balance at Dec. 31, 2020 $ (155) $ (155) $ 1 $ 6,668 $ (1,470) $ (187) $ (5,167) $ 0
Treasury stock, beginning balance (in shares) at Dec. 31, 2020             (67.3)  
Comprehensive income:                
Net income 1,283       1,285     (2)
Other comprehensive income 54         54    
Total comprehensive income 1,337 1,339     1,285 54   (2)
Contributions from non-controlling interests 38 25   25       13
Net activity related to restricted stock units (in shares)             0.4  
Net activity related to restricted stock units 14 14   (17)     $ 31  
Repurchase of common stock (in shares)             (14.3)  
Repurchases of common stock (1,443) (1,443)         $ (1,443)  
Ending balance (in shares) at Dec. 31, 2021     137.1          
Ending balance at Dec. 31, 2021 (209) (220) $ 1 6,676 (185) (133) $ (6,579) 11
Treasury stock, ending balance (in shares) at Dec. 31, 2021             (81.2)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)     137.1          
Comprehensive income:                
Net income 2,756 2,764     2,764     (8)
Other comprehensive income 32 32       32    
Total comprehensive income 2,788 2,796     2,764 32   (8)
Contributions from non-controlling interests 24 24   24       0
Net activity related to restricted stock units (in shares)             0.3  
Net activity related to restricted stock units (36) (36)   (34)     $ (2)  
Repurchase of common stock (in shares)             (16.7)  
Repurchases of common stock (3,267) (3,267)         $ (3,267)  
Ending balance (in shares) at Dec. 31, 2022     137.1          
Ending balance at Dec. 31, 2022 $ (700) (703) $ 1 6,666 2,579 (101) $ (9,848) 3
Treasury stock, ending balance (in shares) at Dec. 31, 2022 (98.0)           (97.6)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)     137.1          
Comprehensive income:                
Net income $ 1,635 1,632     1,632     3
Other comprehensive income 5 5       5    
Total comprehensive income 1,640 1,637     1,632 5   3
Net activity related to restricted stock units (in shares)             0.3  
Net activity related to restricted stock units (31) (31)   (32) (2)   $ 3  
Repurchase of common stock (in shares) [1]             (4.3)  
Repurchases of common stock [1] (897) (897)         $ (897)  
Dividends paid (355) (355)     (355)      
Ending balance (in shares) at Dec. 31, 2023     137.1          
Ending balance at Dec. 31, 2023 $ (343) $ (349) $ 1 $ 6,634 $ 3,854 $ (96) $ (10,742) $ 6
Treasury stock, ending balance (in shares) at Dec. 31, 2023 (102.0)           (101.6)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)     137.1          
[1] Amount includes excise taxes due under the Inflation Reduction Act of 2022