CONSOLIDATED CONDENSED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 554	$ 534
Receivables	640	507
Deferred income taxes	205	120
Other current assets	527	380
Total current assets	1,926	1,541
Property and equipment, net	499	493
Deferred income taxes	1,265	444
Goodwill	348	353
Other intangibles, net	708	713
Other non-current assets	249	304
Total assets exclusive of assets under vehicle programs	4,995	3,848
Assets under vehicle programs:
Program cash	101	11
Vehicles, net	10,343	8,356
Receivables from vehicle manufacturers and other	575	380
Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party	362	343
Assets under vehicle programs	11,381	9,090
Total assets	16,376	12,938
Current liabilities:
Accounts payable and other current liabilities	1,576	1,433
Short-term debt and current portion of long-term debt	81	37
Total current liabilities	1,657	1,470
Long-term debt	2,886	3,168
Other non-current liabilities	843	960
Total liabilities exclusive of liabilities under vehicle programs	5,386	5,598
Liabilities under vehicle programs:
Debt	2,062	990
Debt due to Avis Budget Rental Car Funding (AESOP) LLC-related party	5,813	4,574
Deferred income taxes	2,017	982
Other	307	382
Total Liabilities under vehicle programs	10,199	6,928
Commitments and contingencies (Note 13)
Stockholders' equity:
Preferred stock, $0.01 par value-authorized 10 million shares; none issued and outstanding	0	0
Common stock, $0.01 par value-authorized 250 million shares; issued 137,067,601 and 137,028,464 shares	1	1
Additional paid-in capital	8,232	8,532
Accumulated deficit	(2,330)	(2,666)
Accumulated other comprehensive income	103	78
Treasury stock, at cost-30,183,995 and 31,551,170 shares	(5,215)	(5,533)
Total stockholders' equity	791	412
Total liabilities and stockholders' equity	$ 16,376	$ 12,938