$CAR
Avis Budget Group Inc

2013 Q2 Form 10-Q Financial Statement

#000072361213000042 Filed on August 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $2.002B $1.866B
YoY Change 7.29% 32.15%
Cost Of Revenue $1.013B $953.0M
YoY Change 6.3% 31.45%
Gross Profit $988.0M $913.0M
YoY Change 8.21% 32.9%
Gross Profit Margin 49.35% 48.93%
Selling, General & Admin $274.0M $233.0M
YoY Change 17.6% 37.87%
% of Gross Profit 27.73% 25.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $492.0M $393.0M
YoY Change 25.19% 3.69%
% of Gross Profit 49.8% 43.04%
Operating Expenses $274.0M $233.0M
YoY Change 17.6% 37.87%
Operating Profit $714.0M $680.0M
YoY Change 5.0% 31.27%
Interest Expense $55.00M $69.00M
YoY Change -20.29% 885.71%
% of Operating Profit 7.7% 10.15%
Other Income/Expense, Net
YoY Change
Pretax Income -$38.00M $129.0M
YoY Change -129.46% 44.94%
Income Tax -$10.00M $50.00M
% Of Pretax Income 38.76%
Net Earnings -$28.00M $79.00M
YoY Change -135.44% 51.92%
Net Earnings / Revenue -1.4% 4.23%
Basic Earnings Per Share -$0.26 $0.74
Diluted Earnings Per Share -$0.26 $0.66
COMMON SHARES
Basic Shares Outstanding 108.4M shares 106.7M shares
Diluted Shares Outstanding 108.4M shares 121.9M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $503.0M $454.0M
YoY Change 10.79% -29.61%
Cash & Equivalents $503.0M $454.0M
Short-Term Investments
Other Short-Term Assets $599.0M $557.0M
YoY Change 7.54% -34.0%
Inventory
Prepaid Expenses $199.0M
Receivables $691.0M $638.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.946B $1.766B
YoY Change 10.19% -7.35%
LONG-TERM ASSETS
Property, Plant & Equipment $560.0M $487.0M
YoY Change 14.99% -94.33%
Goodwill $652.0M $344.0M
YoY Change 89.53%
Intangibles $902.0M $707.0M
YoY Change 27.58%
Long-Term Investments $0.00 $361.0M
YoY Change -100.0% 14.24%
Other Assets $345.0M $292.0M
YoY Change 18.15% -70.51%
Total Long-Term Assets $16.55B $14.22B
YoY Change 16.41% 34.95%
TOTAL ASSETS
Total Short-Term Assets $1.946B $1.766B
Total Long-Term Assets $16.55B $14.22B
Total Assets $18.50B $15.98B
YoY Change 15.72% 28.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $376.0M $338.0M
YoY Change 11.24% 42.62%
Accrued Expenses $438.0M $470.0M
YoY Change -6.81% 124.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $221.0M $39.00M
YoY Change 466.67% 550.0%
Total Short-Term Liabilities $1.822B $1.595B
YoY Change 14.23% 57.61%
LONG-TERM LIABILITIES
Long-Term Debt $3.195B $2.972B
YoY Change 7.5% -66.15%
Other Long-Term Liabilities $875.0M $941.0M
YoY Change -7.01% 36.77%
Total Long-Term Liabilities $4.070B $3.913B
YoY Change 4.01% -58.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.822B $1.595B
Total Long-Term Liabilities $4.070B $3.913B
Total Liabilities $5.892B $5.508B
YoY Change 6.97% -53.75%
SHAREHOLDERS EQUITY
Retained Earnings -$2.450B -$2.610B
YoY Change -6.13%
Common Stock $1.000M $1.000M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.867B $5.230B
YoY Change -6.94%
Treasury Stock Shares 28.58M shares 30270B shares
Shareholders Equity $646.0M $478.0M
YoY Change
Total Liabilities & Shareholders Equity $18.50B $15.98B
YoY Change 15.72% 28.47%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income -$28.00M $79.00M
YoY Change -135.44% 51.92%
Depreciation, Depletion And Amortization $492.0M $393.0M
YoY Change 25.19% 3.69%
Cash From Operating Activities $574.0M $469.0M
YoY Change 22.39% 10.35%
INVESTING ACTIVITIES
Capital Expenditures -$3.754B -$3.914B
YoY Change -4.09% 33.58%
Acquisitions
YoY Change
Other Investing Activities $1.504B $1.916B
YoY Change -21.5% 74.02%
Cash From Investing Activities -$2.250B -$1.998B
YoY Change 12.61% 9.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.625B 1.379B
YoY Change 17.84% 22.04%
NET CHANGE
Cash From Operating Activities 574.0M 469.0M
Cash From Investing Activities -2.250B -1.998B
Cash From Financing Activities 1.625B 1.379B
Net Change In Cash -51.00M -150.0M
YoY Change -66.0% -45.26%
FREE CASH FLOW
Cash From Operating Activities $574.0M $469.0M
Capital Expenditures -$3.754B -$3.914B
Free Cash Flow $4.328B $4.383B
YoY Change -1.25% 30.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
110000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-85000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-85000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
133000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
193000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
50000000 USD
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1421000000 USD
CY2013Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1601000000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
309000000 USD
CY2013Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
376000000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
58000000 USD
CY2013Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
47000000 USD
CY2012Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
60000000 USD
CY2013Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
138000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
1000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
0 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
8211000000 USD
CY2013Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
7912000000 USD
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5000000 USD
CY2012Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9000000 USD
CY2013Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3000000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
5000000 USD
CY2012Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2000000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
6000000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
22000000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
31000000 USD
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0039
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0042
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0038
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12000000 USD
CY2012Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000 USD
CY2013Q2 us-gaap Assets
Assets
18496000000 USD
CY2012Q4 us-gaap Assets
Assets
15218000000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
1710000000 USD
CY2013Q2 us-gaap Assets Current
AssetsCurrent
1946000000 USD
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-1000000 USD
CY2013Q2 us-gaap Business Acquisition Purchase Price Allocation Intangible Assets Other Than Goodwill
BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwill
190000000 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
503000000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
606000000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
454000000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
534000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-103000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-80000000 USD
CY2013Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2013Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
137081056 shares
us-gaap Derivative Instruments Gain Loss Recognized In Income Net
DerivativeInstrumentsGainLossRecognizedInIncomeNet
43000000 USD
CY2012Q2 us-gaap Derivative Instruments Gain Loss Recognized In Income Net
DerivativeInstrumentsGainLossRecognizedInIncomeNet
2000000 USD
CY2013Q2 us-gaap Derivative Instruments Gain Loss Recognized In Income Net
DerivativeInstrumentsGainLossRecognizedInIncomeNet
37000000 USD
CY2012Q4 us-gaap Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
25000000 USD
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
137081056 shares
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
1000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
53000000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-65000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-134000000 USD
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
32000000 USD
us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
652000000 USD
CY2012Q2 us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
334000000 USD
CY2013Q2 us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
476000000 USD
us-gaap Cost Of Services Depreciation
CostOfServicesDepreciation
863000000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
2040000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
3387000000 USD
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
1737000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
3788000000 USD
CY2013Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
129000000 USD
CY2012Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
132000000 USD
CY2013Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
153000000 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
146000000 USD
CY2013Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1329000000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1454000000 USD
CY2013Q2 us-gaap Derivative Asset Fair Value Net
DerivativeAssetFairValueNet
27000000 USD
CY2012Q4 us-gaap Derivative Asset Fair Value Net
DerivativeAssetFairValueNet
3000000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Income Net
DerivativeInstrumentsGainLossRecognizedInIncomeNet
6000000 USD
CY2013Q2 us-gaap Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
18000000 USD
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.69
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.69
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-17000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.451
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.221
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
198000000 USD
CY2013Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
179000000 USD
CY2013Q2 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2012Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
59000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
72000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
28000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
14000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
28000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
28000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
28000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
28000000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
345000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
420000000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
286000000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
348000000 USD
CY2013Q2 us-gaap Goodwill
Goodwill
652000000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
375000000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-38000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-95000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
102000000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
129000000 USD
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2012Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21000000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
31000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-9000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-175000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-52000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
83000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
113000000 USD
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
16600000 shares
CY2012Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
13400000 shares
CY2013Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2013Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
902000000 USD
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
731000000 USD
us-gaap Interest Expense
InterestExpense
142000000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
69000000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
55000000 USD
us-gaap Interest Expense
InterestExpense
114000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
3000000 USD
CY2012Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2013Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
15218000000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18496000000 USD
CY2013Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1822000000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1478000000 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
2905000000 USD
CY2013Q2 us-gaap Long Term Debt
LongTermDebt
3416000000 USD
CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
57000000 USD
CY2013Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
221000000 USD
CY2013Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3195000000 USD
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2848000000 USD
CY2009Q4 us-gaap Loss Contingency Lawsuit Filing Date
LossContingencyLawsuitFilingDate
2003
CY2009Q4 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
16000000 USD
CY2010Q2 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
3000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2498000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2162000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2965000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3458000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
874000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
722000000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-28000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
59000000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
80000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-74000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-47000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-37000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
11000000 USD
CY2012Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
953000000 USD
CY2013Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1007000000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1937000000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1847000000 USD
CY2013Q2 us-gaap Other Assets Current
OtherAssetsCurrent
599000000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
405000000 USD
CY2012Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
123000000 USD
CY2013Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
154000000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
320000000 USD
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
345000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-60000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-12000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-49000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-37000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-60000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
434000000 USD
CY2013Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
473000000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
871000000 USD
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
875000000 USD
CY2012Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
63000000 USD
CY2013Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
71000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-50000000 USD
CY2013Q2 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
177000000 USD
us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
26000000 USD
us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
29000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
28000000 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
476000000 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
5000000 USD
CY2013Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
199000000 USD
CY2012Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
174000000 USD
us-gaap Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
38000000 USD
us-gaap Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
40000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
250000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
13000000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
-28000000 USD
us-gaap Profit Loss
ProfitLoss
56000000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
79000000 USD
us-gaap Profit Loss
ProfitLoss
-74000000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
529000000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
560000000 USD
CY2012Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
553000000 USD
CY2013Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
691000000 USD
CY2013Q2 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
2500000000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
53000000 USD
us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
150
us-gaap Restructuring Charges
RestructuringCharges
25000000 USD
CY2012Q2 us-gaap Restructuring Charges
RestructuringCharges
12000000 USD
us-gaap Restructuring Charges
RestructuringCharges
19000000 USD
CY2013Q2 us-gaap Restructuring Charges
RestructuringCharges
15000000 USD
CY2012Q4 us-gaap Restructuring Reserve
RestructuringReserve
13000000 USD
CY2013Q2 us-gaap Restructuring Reserve
RestructuringReserve
10000000 USD
us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
-28000000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2450000000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2376000000 USD
CY2012Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1866000000 USD
CY2013Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2002000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3693000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3489000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
498000000 USD
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
274000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
452000000 USD
CY2012Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
233000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.43
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.49
car Gain Loss On Sale Of Vehicles
GainLossOnSaleOfVehicles
2000000 USD
CY2013Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1181000 shares
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y8M12D
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
646000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
757000000 USD
CY2013Q2 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
3000000 USD
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
30027146 shares
CY2013Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
28579218 shares
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
4867000000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5189000000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1900000 shares
CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 shares
CY2013Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108400000 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
121900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108000000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106700000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106300000 shares
CY2013Q2 car Accrued Advertising And Marketing Cost Current
AccruedAdvertisingAndMarketingCostCurrent
88000000 USD
CY2012Q4 car Accrued Advertising And Marketing Cost Current
AccruedAdvertisingAndMarketingCostCurrent
82000000 USD
CY2012Q4 car Accrued Sales And Use Taxes Current
AccruedSalesAndUseTaxesCurrent
148000000 USD
CY2013Q2 car Accrued Sales And Use Taxes Current
AccruedSalesAndUseTaxesCurrent
171000000 USD
CY2012Q4 car Accumulated Depreciation
AccumulatedDepreciation
1345000000 USD
CY2013Q2 car Accumulated Depreciation
AccumulatedDepreciation
1381000000 USD
car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
247000000 USD
car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
366000000 USD
CY2013Q2 car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
164000000 USD
CY2012Q2 car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
254000000 USD
CY2013Q2 car Assets Under Vehicle Programs
AssetsUnderVehiclePrograms
12762000000 USD
CY2012Q4 car Assets Under Vehicle Programs
AssetsUnderVehiclePrograms
10099000000 USD
CY2013Q2 car Cash Posted As Collateral For Derivatives In Liability Position
CashPostedAsCollateralForDerivativesInLiabilityPosition
5000000 USD
car Convertible Notes Purchase Price
ConvertibleNotesPurchasePrice
93000000 USD
CY2013Q2 car Customer Relationships
CustomerRelationships
78000000 USD
CY2013Q2 car Debt
Debt
2371000000 USD
CY2012Q4 car Debt
Debt
1603000000 USD
CY2012Q4 car Debt Due To Related Party
DebtDueToRelatedParty
5203000000 USD
CY2013Q2 car Debt Due To Related Party
DebtDueToRelatedParty
6986000000 USD
CY2013Q2 car Debt Instrument Convertible Shares
DebtInstrumentConvertibleShares
5000000 shares
car Decrease Increase In Program Cash
DecreaseIncreaseInProgramCash
61000000 USD
car Decrease Increase In Program Cash
DecreaseIncreaseInProgramCash
111000000 USD
CY2013Q2 car Deferred Income Taxes
DeferredIncomeTaxes
2074000000 USD
CY2012Q4 car Deferred Income Taxes
DeferredIncomeTaxes
2163000000 USD
CY2013Q2 car Early Debt Extinguishment
EarlyDebtExtinguishment
91000000 USD
car Early Debt Extinguishment
EarlyDebtExtinguishment
50000000 USD
CY2012Q2 car Early Debt Extinguishment
EarlyDebtExtinguishment
23000000 USD
car Early Debt Extinguishment
EarlyDebtExtinguishment
131000000 USD
CY2013Q2 car Employee Service Share Based Compensation Incremental Tax Benefit To Be Realized From Exercise Of Stock Awards
EmployeeServiceShareBasedCompensationIncrementalTaxBenefitToBeRealizedFromExerciseOfStockAwards
12000000 USD
car Exercise Price For Warrants Outstanding
ExercisePriceForWarrantsOutstanding
22.5
car Exercise Price For Warrants Outstanding
ExercisePriceForWarrantsOutstanding
22.5
car Gain Loss On Sale Of Vehicles
GainLossOnSaleOfVehicles
99000000 USD
CY2012Q2 car Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition
GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
59000000 USD
CY2012Q2 car Intercompany Interest Expense Income
IntercompanyInterestExpenseIncome
0 USD
car Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition
GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
99000000 USD
car Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition
GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
2000000 USD
CY2013Q2 car Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition
GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
2000000 USD
car Increase Decrease In Income Taxes And Deferred Income Taxes
IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes
18000000 USD
car Increase Decrease In Income Taxes And Deferred Income Taxes
IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes
-44000000 USD
CY2013Q2 car Intercompany Interest Expense Income
IntercompanyInterestExpenseIncome
0 USD
car Intercompany Interest Expense Income
IntercompanyInterestExpenseIncome
0 USD
car Intercompany Interest Expense Income
IntercompanyInterestExpenseIncome
0 USD
CY2013Q2 car Intercompany Receivables Payables
IntercompanyReceivablesPayables
0 USD
CY2012Q4 car Intercompany Receivables Payables
IntercompanyReceivablesPayables
0 USD
CY2013Q2 car Investment In Related Party
InvestmentInRelatedParty
362000000 USD
CY2012Q4 car Investment In Related Party
InvestmentInRelatedParty
362000000 USD
car Investment In Vehicles
InvestmentInVehicles
7306000000 USD
car Investment In Vehicles
InvestmentInVehicles
6938000000 USD
CY2013Q2 car Liabilities Under Vehicle Programs
LiabilitiesUnderVehiclePrograms
11958000000 USD
CY2012Q4 car Liabilities Under Vehicle Programs
LiabilitiesUnderVehiclePrograms
9264000000 USD
car Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms
-197000000 USD
car Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms
382000000 USD
car Net Cash Provided By Used In Financing Activities Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms
2116000000 USD
car Net Cash Provided By Used In Financing Activities Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms
2359000000 USD
car Net Cash Used In Investing Activities Exclusive Of Vehicle Programs
NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms
-43000000 USD
car Net Cash Used In Investing Activities Exclusive Of Vehicle Programs
NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms
-475000000 USD
car Net Cash Used In Investing Activities Of Vehicle Programs
NetCashUsedInInvestingActivitiesOfVehiclePrograms
2983000000 USD
car Net Cash Used In Investing Activities Of Vehicle Programs
NetCashUsedInInvestingActivitiesOfVehiclePrograms
2922000000 USD
car Net Change In Short Term Borrowings
NetChangeInShortTermBorrowings
-10000000 USD
car Net Change In Short Term Borrowings
NetChangeInShortTermBorrowings
1000000 USD
car Net Intercompany Transactions
NetIntercompanyTransactions
0 USD
car Net Intercompany Transactions
NetIntercompanyTransactions
0 USD
CY2012Q2 car Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges
NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges
-3000000 USD
car Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges
NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges
-7000000 USD
CY2013Q2 car Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges
NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges
-3000000 USD
car Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges
NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges
-9000000 USD
car Newly Issued European Credit Facility
NewlyIssuedEuropeanCreditFacility
650000000 EUR
car Newly Issued European Credit Facility
NewlyIssuedEuropeanCreditFacility
500000000 USD
car Non Vehicle Related Depreciation And Amortization
NonVehicleRelatedDepreciationAndAmortization
62000000 USD
car Non Vehicle Related Depreciation And Amortization
NonVehicleRelatedDepreciationAndAmortization
71000000 USD
CY2012Q2 car Non Vehicle Related Depreciation And Amortization
NonVehicleRelatedDepreciationAndAmortization
29000000 USD
CY2013Q2 car Non Vehicle Related Depreciation And Amortization
NonVehicleRelatedDepreciationAndAmortization
37000000 USD
CY2012Q4 car Other Liabilities Under Vehicle Programs
OtherLiabilitiesUnderVehiclePrograms
295000000 USD
CY2013Q2 car Other Liabilities Under Vehicle Programs
OtherLiabilitiesUnderVehiclePrograms
527000000 USD
CY2013Q2 car Other Revenue
OtherRevenue
564000000 USD
car Other Revenue
OtherRevenue
987000000 USD
CY2012Q2 car Other Revenue
OtherRevenue
532000000 USD
car Other Revenue
OtherRevenue
1039000000 USD
CY2013Q1 car Percentage Of Payment On Defaulting Partys Obligation On Assumed Liabilities
PercentageOfPaymentOnDefaultingPartysObligationOnAssumedLiabilities
0.50
car Principal Payments On Borrowings From Financing Activities Within Vehicle Programs
PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms
4802000000 USD
car Principal Payments On Borrowings From Financing Activities Within Vehicle Programs
PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms
6055000000 USD
car Principal Payments On Long Term Borrowings
PrincipalPaymentsOnLongTermBorrowings
853000000 USD
car Principal Payments On Long Term Borrowings
PrincipalPaymentsOnLongTermBorrowings
2338000000 USD
car Proceeds From Borrowings From Financing Activities Within Vehicle Programs
ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms
7172000000 USD
car Proceeds From Borrowings From Financing Activities Within Vehicle Programs
ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms
8191000000 USD
car Proceeds From Long Term Borrowings
ProceedsFromLongTermBorrowings
654000000 USD
car Proceeds From Long Term Borrowings
ProceedsFromLongTermBorrowings
2725000000 USD
car Proceeds Received On Disposition Of Vehicles
ProceedsReceivedOnDispositionOfVehicles
4434000000 USD
car Proceeds Received On Disposition Of Vehicles
ProceedsReceivedOnDispositionOfVehicles
4077000000 USD
CY2012Q4 car Program Cash
ProgramCash
24000000 USD
CY2013Q2 car Program Cash
ProgramCash
139000000 USD
car Property And Equipment Additions
PropertyAndEquipmentAdditions
49000000 USD
car Property And Equipment Additions
PropertyAndEquipmentAdditions
56000000 USD
CY2013Q2 car Receivables From Vehicle Manufacturers And Other
ReceivablesFromVehicleManufacturersAndOther
162000000 USD
CY2012Q4 car Receivables From Vehicle Manufacturers And Other
ReceivablesFromVehicleManufacturersAndOther
439000000 USD
CY2013Q2 car Redemptionof Notes
RedemptionofNotes
139000000 USD
CY2012Q4 car Rental Vehicles
RentalVehicles
10000000000 USD
CY2013Q2 car Rental Vehicles
RentalVehicles
13263000000 USD
CY2013Q2 car Rental Vehicles Net
RentalVehiclesNet
11882000000 USD
CY2012Q4 car Rental Vehicles Net
RentalVehiclesNet
8655000000 USD
CY2013Q2 car Restricted Cash Units Outstanding
RestrictedCashUnitsOutstanding
268000 shares
CY2013Q2 car Revolving Credit Facility Maturity Year
RevolvingCreditFacilityMaturityYear
2016
CY2013Q2 car Sales And Use Taxes
SalesAndUseTaxes
246000000 USD
CY2012Q4 car Sales And Use Taxes
SalesAndUseTaxes
108000000 USD
CY2013Q2 car Tender Offer Paid On Notes
TenderOfferPaidOnNotes
398000000 USD
CY2013Q2 car Total Assets Exclusive Of Assets Under Vehicle Programs
TotalAssetsExclusiveOfAssetsUnderVehiclePrograms
5734000000 USD
CY2012Q4 car Total Assets Exclusive Of Assets Under Vehicle Programs
TotalAssetsExclusiveOfAssetsUnderVehiclePrograms
5119000000 USD
CY2013Q2 car Total Liabilities Exclusive Of Liabilities Under Vehicle Programs
TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms
5892000000 USD
CY2012Q4 car Total Liabilities Exclusive Of Liabilities Under Vehicle Programs
TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms
5197000000 USD
car Transaction Related Costs
TransactionRelatedCosts
26000000 USD
car Transaction Related Costs
TransactionRelatedCosts
10000000 USD
CY2013Q2 car Transaction Related Costs
TransactionRelatedCosts
19000000 USD
CY2012Q2 car Transaction Related Costs
TransactionRelatedCosts
4000000 USD
car Valuation Period Range Maximum In Years
ValuationPeriodRangeMaximumInYears
3 years
car Valuation Period Range Maximum In Years
ValuationPeriodRangeMaximumInYears
3 years
car Vehicle Depreciation
VehicleDepreciation
808000000 USD
car Vehicle Depreciation
VehicleDepreciation
694000000 USD
car Vehicle Depreciation And Lease Charges Net
VehicleDepreciationAndLeaseChargesNet
652000000 USD
car Vehicle Depreciation And Lease Charges Net
VehicleDepreciationAndLeaseChargesNet
863000000 USD
CY2012Q2 car Vehicle Depreciation Expense
VehicleDepreciationExpense
363000000 USD
car Vehicle Depreciation Expense
VehicleDepreciationExpense
694000000 USD
CY2013Q2 car Vehicle Depreciation Expense
VehicleDepreciationExpense
455000000 USD
car Vehicle Depreciation Expense
VehicleDepreciationExpense
808000000 USD
car Vehicle Interest Net
VehicleInterestNet
153000000 USD
CY2013Q2 car Vehicle Interest Net
VehicleInterestNet
66000000 USD
car Vehicle Interest Net
VehicleInterestNet
123000000 USD
CY2012Q2 car Vehicle Interest Net
VehicleInterestNet
80000000 USD
CY2013Q2 car Vehicle Lease Charges
VehicleLeaseCharges
23000000 USD
car Vehicle Lease Charges
VehicleLeaseCharges
57000000 USD
CY2012Q2 car Vehicle Lease Charges
VehicleLeaseCharges
30000000 USD
car Vehicle Lease Charges
VehicleLeaseCharges
57000000 USD
CY2013Q2 car Vehicle Program Debt Amount Outstanding
VehicleProgramDebtAmountOutstanding
9357000000 USD
CY2013Q2 car Vehicle Program Debt Available Capacity
VehicleProgramDebtAvailableCapacity
903000000 USD
CY2013Q2 car Vehicle Program Debt Total Capacity
VehicleProgramDebtTotalCapacity
10260000000 USD
CY2012Q4 car Vehicle Program Outstanding Debt
VehicleProgramOutstandingDebt
6806000000 USD
CY2013Q2 car Vehicle Program Outstanding Debt
VehicleProgramOutstandingDebt
9357000000 USD
car Vehicle Programs Payments Of Financing Costs
VehicleProgramsPaymentsOfFinancingCosts
20000000 USD
car Vehicle Programs Payments Of Financing Costs
VehicleProgramsPaymentsOfFinancingCosts
11000000 USD
car Vehicle Rental
VehicleRental
2654000000 USD
CY2013Q2 car Vehicle Rental
VehicleRental
1438000000 USD
car Vehicle Rental
VehicleRental
2502000000 USD
CY2012Q2 car Vehicle Rental
VehicleRental
1334000000 USD
CY2013Q2 car Vehicles Held For Sale
VehiclesHeldForSale
217000000 USD
CY2012Q4 car Vehicles Held For Sale
VehiclesHeldForSale
619000000 USD
CY2012Q4 car Vehicles Net
VehiclesNet
9274000000 USD
CY2013Q2 car Vehicles Net
VehiclesNet
12099000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000723612
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
108061448 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
AVIS BUDGET GROUP, INC.
dei Trading Symbol
TradingSymbol
CAR

Files In Submission

Name View Source Status
0000723612-13-000042-index-headers.html Edgar Link pending
0000723612-13-000042-index.html Edgar Link pending
0000723612-13-000042.txt Edgar Link pending
0000723612-13-000042-xbrl.zip Edgar Link pending
car-20130630.xml Edgar Link completed
car-20130630.xsd Edgar Link pending
car-2013063013xex311.htm Edgar Link pending
car-20130630x10q.htm Edgar Link pending
car-20130630xex312.htm Edgar Link pending
car-20130630xex32.htm Edgar Link pending
car-20130630_cal.xml Edgar Link unprocessable
car-20130630_def.xml Edgar Link unprocessable
car-20130630_lab.xml Edgar Link unprocessable
car-20130630_pre.xml Edgar Link unprocessable
exhibit102.htm Edgar Link pending
exhibit103.htm Edgar Link pending
exhibit12-063013.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R1.xml Edgar Link unprocessable
R10.htm Edgar Link pending
R10.xml Edgar Link unprocessable
R11.htm Edgar Link pending
R11.xml Edgar Link unprocessable
R12.htm Edgar Link pending
R12.xml Edgar Link unprocessable
R13.htm Edgar Link pending
R13.xml Edgar Link unprocessable
R14.htm Edgar Link pending
R14.xml Edgar Link unprocessable
R15.htm Edgar Link pending
R15.xml Edgar Link unprocessable
R16.htm Edgar Link pending
R16.xml Edgar Link unprocessable
R17.htm Edgar Link pending
R17.xml Edgar Link unprocessable
R18.htm Edgar Link pending
R18.xml Edgar Link unprocessable
R19.htm Edgar Link pending
R19.xml Edgar Link unprocessable
R2.htm Edgar Link pending
R2.xml Edgar Link unprocessable
R20.htm Edgar Link pending
R20.xml Edgar Link unprocessable
R21.htm Edgar Link pending
R21.xml Edgar Link unprocessable
R22.htm Edgar Link pending
R22.xml Edgar Link unprocessable
R23.htm Edgar Link pending
R23.xml Edgar Link unprocessable
R24.htm Edgar Link pending
R24.xml Edgar Link unprocessable
R25.htm Edgar Link pending
R25.xml Edgar Link unprocessable
R26.htm Edgar Link pending
R26.xml Edgar Link unprocessable
R27.htm Edgar Link pending
R27.xml Edgar Link unprocessable
R28.htm Edgar Link pending
R28.xml Edgar Link unprocessable
R29.htm Edgar Link pending
R29.xml Edgar Link unprocessable
R3.htm Edgar Link pending
R3.xml Edgar Link unprocessable
R30.htm Edgar Link pending
R30.xml Edgar Link unprocessable
R31.htm Edgar Link pending
R31.xml Edgar Link unprocessable
R32.htm Edgar Link pending
R32.xml Edgar Link unprocessable
R33.htm Edgar Link pending
R33.xml Edgar Link unprocessable
R34.htm Edgar Link pending
R34.xml Edgar Link unprocessable
R35.htm Edgar Link pending
R35.xml Edgar Link unprocessable
R36.htm Edgar Link pending
R36.xml Edgar Link unprocessable
R37.htm Edgar Link pending
R37.xml Edgar Link unprocessable
R38.htm Edgar Link pending
R38.xml Edgar Link unprocessable
R39.htm Edgar Link pending
R39.xml Edgar Link unprocessable
R4.htm Edgar Link pending
R4.xml Edgar Link unprocessable
R40.htm Edgar Link pending
R40.xml Edgar Link unprocessable
R41.htm Edgar Link pending
R41.xml Edgar Link unprocessable
R42.htm Edgar Link pending
R42.xml Edgar Link unprocessable
R43.htm Edgar Link pending
R43.xml Edgar Link unprocessable
R44.htm Edgar Link pending
R44.xml Edgar Link unprocessable
R45.htm Edgar Link pending
R45.xml Edgar Link unprocessable
R46.htm Edgar Link pending
R46.xml Edgar Link unprocessable
R47.htm Edgar Link pending
R47.xml Edgar Link unprocessable
R48.htm Edgar Link pending
R48.xml Edgar Link unprocessable
R49.htm Edgar Link pending
R49.xml Edgar Link unprocessable
R5.htm Edgar Link pending
R5.xml Edgar Link unprocessable
R50.htm Edgar Link pending
R50.xml Edgar Link unprocessable
R51.htm Edgar Link pending
R51.xml Edgar Link unprocessable
R52.htm Edgar Link pending
R52.xml Edgar Link unprocessable
R53.htm Edgar Link pending
R53.xml Edgar Link unprocessable
R54.htm Edgar Link pending
R54.xml Edgar Link unprocessable
R55.htm Edgar Link pending
R55.xml Edgar Link unprocessable
R56.htm Edgar Link pending
R56.xml Edgar Link unprocessable
R57.htm Edgar Link pending
R57.xml Edgar Link unprocessable
R58.htm Edgar Link pending
R58.xml Edgar Link unprocessable
R59.htm Edgar Link pending
R59.xml Edgar Link unprocessable
R6.htm Edgar Link pending
R6.xml Edgar Link unprocessable
R60.htm Edgar Link pending
R60.xml Edgar Link unprocessable
R61.htm Edgar Link pending
R61.xml Edgar Link unprocessable
R62.htm Edgar Link pending
R62.xml Edgar Link unprocessable
R63.htm Edgar Link pending
R63.xml Edgar Link unprocessable
R64.htm Edgar Link pending
R64.xml Edgar Link unprocessable
R65.htm Edgar Link pending
R65.xml Edgar Link unprocessable
R66.htm Edgar Link pending
R66.xml Edgar Link unprocessable
R67.htm Edgar Link pending
R67.xml Edgar Link unprocessable
R68.htm Edgar Link pending
R68.xml Edgar Link unprocessable
R69.htm Edgar Link pending
R69.xml Edgar Link unprocessable
R7.htm Edgar Link pending
R7.xml Edgar Link unprocessable
R70.htm Edgar Link pending
R70.xml Edgar Link unprocessable
R71.htm Edgar Link pending
R71.xml Edgar Link unprocessable
R72.htm Edgar Link pending
R72.xml Edgar Link unprocessable
R73.htm Edgar Link pending
R73.xml Edgar Link unprocessable
R74.htm Edgar Link pending
R74.xml Edgar Link unprocessable
R75.htm Edgar Link pending
R75.xml Edgar Link unprocessable
R76.htm Edgar Link pending
R76.xml Edgar Link unprocessable
R77.htm Edgar Link pending
R77.xml Edgar Link unprocessable
R8.htm Edgar Link pending
R8.xml Edgar Link unprocessable
R9.htm Edgar Link pending
R9.xml Edgar Link unprocessable
report.css Edgar Link pending
Show.js Edgar Link pending