Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) (shares in millions): 

		Three Months Ended September 30,				Nine Months Ended September 30,
		2024		2023		2024		2023
Net income attributable to Avis Budget Group, Inc. for basic and diluted EPS		$	237	$	626	$	137	$	1,373
Basic weighted average shares outstanding		35.5		36.9		35.6		39.1
Non-vested stock (a)		0.2		0.4		0.2		0.4
Diluted weighted average shares outstanding		35.7		37.3		35.8		39.5
Earnings per share
	Basic	$	6.67	$	16.96	$	3.86	$	35.11
	Diluted	$	6.65	$	16.78	$	3.84	$	34.71

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(a)    For the three months ended September 30, 2024 and 2023, 0.2 million and an immaterial amount of non-vested stock awards, respectively, would have had an anti-dilutive effect and therefore were excluded from the computation of diluted weighted average shares outstanding. For the nine months ended September 30, 2024 and 2023, 0.2 million and 0.1 million non-vested stock awards, respectively, would have had an anti-dilutive effect and therefore were excluded from the computation of diluted weighted average shares outstanding.