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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Revenues $ 11,789 $ 12,008 $ 11,994
Expenses      
Operating 6,014 5,675 5,285
Vehicle depreciation and lease charges, net 2,976 1,739 828
Selling, general and administrative 1,352 1,408 1,348
Vehicle interest, net 941 736 402
Non-vehicle related depreciation and amortization 237 216 225
Interest expense related to corporate debt, net:      
Interest expense 358 296 250
Early extinguishment of debt 19 5 0
Long-lived asset impairment and other related charges 2,470 0 0
Restructuring and other related charges 37 11 19
Transaction-related costs, net 3 5 8
Other (income) expense, net 9 3 (7)
Total expenses 14,416 10,094 8,358
Income (loss) before income taxes (2,627) 1,914 3,636
Provision for (benefit from) income taxes (810) 279 880
Net income (loss) (1,817) 1,635 2,756
Less: Net income (loss) attributable to non-controlling interests 4 3 (8)
Net income (loss) attributable to Avis Budget Group, Inc. $ (1,821) $ 1,632 $ 2,764
Earnings (loss) per share      
Basic (in USD per share) $ (51.23) $ 42.57 $ 58.41
Diluted (in USD per share) $ (51.23) $ 42.08 $ 57.16