XML 94 R123.htm IDEA: XBRL DOCUMENT v2.4.0.6
Schedule Of Carrying Amounts And Estimated Fair Values (Detail) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Debt Instrument [Line Items]    
Short-term debt and current portion of long-term debt $ 57 $ 37
Estimate of Fair Value, Fair Value Disclosure
   
Debt Instrument [Line Items]    
Short-term debt and current portion of long-term debt 58 37
Long-term debt, excluding convertible debt 2,903 [1] 2,842 [1]
Convertible debt 171 [1] 354 [1]
Debt under vehicle programs Vehicle-backed debt due to Avis Budget Rental Car Funding 5,391 [1] 4,643 [1]
Vehicle-backed debt 1,613 [1] 1,001 [1]
Interest rate swaps and interest rate contracts 4 [2] 4 [2]
Carrying (Reported) Amount, Fair Value Disclosure
   
Debt Instrument [Line Items]    
Short-term debt and current portion of long-term debt 57 37
Long-term debt, excluding convertible debt 2,720 [1] 2,823 [1]
Convertible debt 128 [1] 345 [1]
Debt under vehicle programs Vehicle-backed debt due to Avis Budget Rental Car Funding 5,203 [1] 4,574 [1]
Vehicle-backed debt 1,599 [1] 986 [1]
Interest rate swaps and interest rate contracts $ 4 [2] $ 4 [2]
[1] The fair value measurements are based on significant observable inputs (Level 2).
[2] Derivatives in liability position.