XML 44 R9.htm IDEA: XBRL DOCUMENT v3.25.0.1
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, 2021 $ (209) $ (220) $ 1 $ 6,676 $ (185) $ (133) $ (6,579) $ 11
Treasury stock, beginning balance (in shares) at Dec. 31, 2021             (81.2)  
Comprehensive income:                
Net income (loss) 2,756 2,764     2,764     (8)
Other comprehensive income (loss) 32 32       32    
Total comprehensive income (loss) 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             (97.6)  
Beginning balance at Dec. 31, 2021 $ (209) (220) $ 1 6,676 (185) (133) $ (6,579) 11
Treasury stock, beginning balance (in shares) at Dec. 31, 2021             (81.2)  
Comprehensive income:                
Repurchase of common stock (in shares) (21.6)              
Ending balance (in shares) at Dec. 31, 2024     137.1          
Ending balance at Dec. 31, 2024 $ (2,317) (2,327) $ 1 6,620 2,029 (210) $ (10,767) 10
Treasury stock, ending balance (in shares) at Dec. 31, 2024 (102.0)           (102.0)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)     137.1          
Beginning balance at Dec. 31, 2022 $ (700) (703) $ 1 6,666 2,579 (101) $ (9,848) 3
Treasury stock, beginning balance (in shares) at Dec. 31, 2022             (97.6)  
Comprehensive income:                
Net income (loss) 1,635 1,632     1,632     3
Other comprehensive income (loss) 5 5       5    
Total comprehensive income (loss) 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          
Comprehensive income:                
Net income (loss) $ (1,817) (1,821)     (1,821)     4
Other comprehensive income (loss) (114) (114)       (114)    
Total comprehensive income (loss) (1,931) (1,935)     (1,821) (114)   4
Net activity related to restricted stock units (in shares)             0.2  
Net activity related to restricted stock units 3 3   (14) (4)   $ 21  
Repurchase of common stock (in shares) [1]             (0.6)  
Repurchases of common stock [1] (46) (46)         $ (46)  
Ending balance (in shares) at Dec. 31, 2024     137.1          
Ending balance at Dec. 31, 2024 $ (2,317) $ (2,327) $ 1 $ 6,620 $ 2,029 $ (210) $ (10,767) $ 10
Treasury stock, ending balance (in shares) at Dec. 31, 2024 (102.0)           (102.0)  
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