$CAR
AVIS BUDGET GROUP, INC. Stock $car

$car Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000072361216000294 Filed on May 04, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue	$1.881B	$1.850B
YoY Change	1.68%	-0.64%
Cost Of Revenue	$1.040B	$985.0M
YoY Change	5.58%	-1.5%
Gross Profit	$841.0M	$865.0M
YoY Change	-2.77%	0.35%
Gross Profit Margin	44.71%	46.76%
Selling, General & Admin	$269.0M	$248.0M
YoY Change	8.47%	0.0%
% of Gross Profit	31.99%	28.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$493.0M	$472.0M
YoY Change	4.45%	5.36%
% of Gross Profit	58.62%	54.57%
Operating Expenses	$269.0M	$248.0M
YoY Change	8.47%	0.0%
Operating Profit	$572.0M	$617.0M
YoY Change	-7.29%	0.49%
Interest Expense	$50.00M	$52.00M
YoY Change	-3.85%	-7.14%
% of Operating Profit	8.74%	8.43%
Other Income/Expense, Net
YoY Change
Pretax Income	-$86.00M	-$16.00M
YoY Change	437.5%	-420.0%
Income Tax	-$35.00M	-$7.000M
% Of Pretax Income
Net Earnings	-$51.00M	-$9.000M
YoY Change	466.67%	-325.0%
Net Earnings / Revenue	-2.71%	-0.49%
Basic Earnings Per Share	-$0.53	-$0.09
Diluted Earnings Per Share	-$0.53	-$0.09
COMMON SHARES
Basic Shares Outstanding	96.30M shares	106.1M shares
Diluted Shares Outstanding	96.30M shares	106.1M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$876.0M	$854.0M
YoY Change	2.58%	1.55%
Cash & Equivalents	$876.0M	$854.0M
Short-Term Investments
Other Short-Term Assets	$644.0M	$517.0M
YoY Change	24.56%	3.19%
Inventory
Prepaid Expenses	$229.0M
Receivables	$662.0M	$564.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.182B	$2.077B
YoY Change	5.06%	-3.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$687.0M	$629.0M
YoY Change	9.22%	2.61%
Goodwill	$1.006B	$813.0M
YoY Change	23.74%	14.03%
Intangibles	$918.0M	$856.0M
YoY Change	7.24%	-8.15%
Long-Term Investments	$0.00	$0.00
YoY Change
Other Assets	$243.0M	$342.0M
YoY Change	-28.95%	-5.52%
Total Long-Term Assets	$17.13B	$15.42B
YoY Change	11.1%	1.37%
TOTAL ASSETS
Total Short-Term Assets	$2.182B	$2.077B
Total Long-Term Assets	$17.13B	$15.42B
Total Assets	$19.31B	$17.49B
YoY Change	10.38%	0.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.574B	$1.489B
YoY Change	5.71%	1.02%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$327.0M	$244.0M
YoY Change	34.02%	-37.91%
Total Short-Term Liabilities	$1.901B	$1.733B
YoY Change	9.69%	-7.18%
LONG-TERM LIABILITIES
Long-Term Debt	$3.511B	$3.481B
YoY Change	0.86%	5.39%
Other Long-Term Liabilities	$764.0M	$732.0M
YoY Change	4.37%	-12.86%
Total Long-Term Liabilities	$4.275B	$4.213B
YoY Change	1.47%	1.69%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.901B	$1.733B
Total Long-Term Liabilities	$4.275B	$4.213B
Total Liabilities	$6.176B	$5.946B
YoY Change	3.87%	-1.06%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.853B	-$2.124B
YoY Change	-12.76%	-9.85%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$4.609B	$4.268B
YoY Change	7.99%	-10.92%
Treasury Stock Shares	41.82M shares	31.06M shares
Shareholders Equity	$371.0M	$521.0M
YoY Change
Total Liabilities & Shareholders Equity	$19.31B	$17.49B
YoY Change	10.38%	0.71%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	-$51.00M	-$9.000M
YoY Change	466.67%	-325.0%
Depreciation, Depletion And Amortization	$493.0M	$472.0M
YoY Change	4.45%	5.36%
Cash From Operating Activities	$472.0M	$503.0M
YoY Change	-6.16%	28.97%
INVESTING ACTIVITIES
Capital Expenditures	-$4.180B	-$3.236B
YoY Change	29.17%	-2.27%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change		-100.0%
Cash From Investing Activities	-$1.204B	-$774.0M
YoY Change	55.56%	-19.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$95.00M	$33.00M
YoY Change	187.88%	-50.75%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$1.138B	$527.0M
YoY Change	115.94%	-26.4%
NET CHANGE
Cash From Operating Activities	$472.0M	$503.0M
Cash From Investing Activities	-$1.204B	-$774.0M
Cash From Financing Activities	$1.138B	$527.0M
Net Change In Cash	$406.0M	$256.0M
YoY Change	58.59%	71.81%
FREE CASH FLOW
Cash From Operating Activities	$472.0M	$503.0M
Capital Expenditures	-$4.180B	-$3.236B
Free Cash Flow	$4.652B	$3.739B
YoY Change	24.42%	1.03%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	car	Intercompanyloanborrowings Intercompanyloanborrowings	0	USD
CY2015Q4	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
CY2016Q1	car	Employee Service Share Based Compensation Incremental Tax Benefit To Be Realized From Exercise Of Stock Awards EmployeeServiceShareBasedCompensationIncrementalTaxBenefitToBeRealizedFromExerciseOfStockAwards	56000000	USD
CY2016Q1	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
CY2015Q1	car	Intercompanyloanborrowings Intercompanyloanborrowings	0	USD
CY2015Q4	car	Accumulated Depreciation AccumulatedDepreciation	1500000000	USD
CY2016Q1	car	Accumulated Depreciation AccumulatedDepreciation	1347000000	USD
CY2015Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	117000000	USD
CY2016Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	44000000	USD
CY2015Q4	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	11716000000	USD
CY2016Q1	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	12716000000	USD
CY2015Q4	car	Debt Debt	2064000000	USD
CY2016Q1	car	Debt Debt	2238000000	USD
CY2015Q4	car	Debt Due To Related Party DebtDueToRelatedParty	6796000000	USD
CY2016Q1	car	Debt Due To Related Party DebtDueToRelatedParty	7623000000	USD
CY2015Q1	car	Decrease Increase In Program Cash DecreaseIncreaseInProgramCash	-51000000	USD
CY2016Q1	car	Decrease Increase In Program Cash DecreaseIncreaseInProgramCash	-198000000	USD
CY2015Q4	car	Deferred Income Taxes DeferredIncomeTaxes	2367000000	USD
CY2016Q1	car	Deferred Income Taxes DeferredIncomeTaxes	2410000000	USD
CY2015Q1	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	24000000	USD
CY2016Q1	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	3000000	USD
CY2015Q1	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	24000000	USD
CY2016Q1	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	3000000	USD
CY2015Q1	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	-15000000	USD
CY2016Q1	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	-45000000	USD
CY2015Q1	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
CY2016Q1	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
CY2015Q4	car	Investment In Related Party InvestmentInRelatedParty	362000000	USD
CY2016Q1	car	Investment In Related Party InvestmentInRelatedParty	361000000	USD
CY2015Q1	car	Investment In Vehicles InvestmentInVehicles	3195000000	USD
CY2016Q1	car	Investment In Vehicles InvestmentInVehicles	4140000000	USD
CY2015Q4	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	11515000000	USD
CY2016Q1	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	12761000000	USD
CY2015Q1	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	324000000	USD
CY2016Q1	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	255000000	USD
CY2016Q1	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	892000000	USD
CY2015Q1	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	203000000	USD
CY2015Q1	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-74000000	USD
CY2016Q1	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-38000000	USD
CY2015Q1	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	700000000	USD
CY2016Q1	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	1166000000	USD
CY2015Q1	car	Net Change In Short Term Borrowings NetChangeInShortTermBorrowings	7000000	USD
CY2016Q1	car	Net Change In Short Term Borrowings NetChangeInShortTermBorrowings	-1000000	USD
CY2015Q1	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	4000000	USD
CY2016Q1	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	3000000	USD
CY2015Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	49000000	USD
CY2016Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	61000000	USD
CY2015Q1	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	-94000000	USD
CY2016Q1	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	68000000	USD
CY2015Q1	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	-4000000	USD
CY2016Q1	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	-4000000	USD
CY2015Q4	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	288000000	USD
CY2016Q1	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	490000000	USD
CY2015Q1	car	Other Revenue OtherRevenue	531000000	USD
CY2016Q1	car	Other Revenue OtherRevenue	553000000	USD
CY2015Q1	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	3458000000	USD
CY2016Q1	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	3796000000	USD
CY2015Q1	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	6000000	USD
CY2016Q1	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	5000000	USD
CY2015Q1	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	3667000000	USD
CY2016Q1	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	4694000000	USD
CY2015Q1	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	376000000	USD
CY2016Q1	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	350000000	USD
CY2015Q1	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	2444000000	USD
CY2016Q1	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	2776000000	USD
CY2015Q4	car	Program Cash ProgramCash	258000000	USD
CY2016Q1	car	Program Cash ProgramCash	68000000	USD
CY2015Q1	car	Property And Equipment Additions PropertyAndEquipmentAdditions	41000000	USD
CY2016Q1	car	Property And Equipment Additions PropertyAndEquipmentAdditions	40000000	USD
CY2015Q4	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	438000000	USD
CY2016Q1	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	334000000	USD
CY2015Q4	car	Rental Vehicles RentalVehicles	11195000000	USD
CY2016Q1	car	Rental Vehicles RentalVehicles	12262000000	USD
CY2015Q4	car	Rental Vehicles Net RentalVehiclesNet	9695000000	USD
CY2016Q1	car	Rental Vehicles Net RentalVehiclesNet	10915000000	USD
CY2015Q4	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	5918000000	USD
CY2016Q1	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	6592000000	USD
CY2015Q4	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	5680000000	USD
CY2016Q1	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	6176000000	USD
CY2015Q1	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	31000000	USD
CY2016Q1	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	4000000	USD
CY2015Q1	car	Valuation Period Range Maximum In Years ValuationPeriodRangeMaximumInYears	P3Y0M0D
CY2016Q1	car	Valuation Period Range Maximum In Years ValuationPeriodRangeMaximumInYears	3 years
CY2015Q1	car	Vehicle Depreciation VehicleDepreciation	423000000	USD
CY2016Q1	car	Vehicle Depreciation VehicleDepreciation	432000000	USD
CY2015Q1	car	Vehicle Depreciation Expense VehicleDepreciationExpense	423000000	USD
CY2016Q1	car	Vehicle Depreciation Expense VehicleDepreciationExpense	432000000	USD
CY2015Q1	car	Vehicle Interest Net VehicleInterestNet	68000000	USD
CY2016Q1	car	Vehicle Interest Net VehicleInterestNet	65000000	USD
CY2015Q1	car	Vehicle Lease Charges VehicleLeaseCharges	33000000	USD
CY2016Q1	car	Vehicle Lease Charges VehicleLeaseCharges	34000000	USD
CY2016Q1	car	Vehicle Program Debt Amount Outstanding VehicleProgramDebtAmountOutstanding	9915000000	USD
CY2016Q1	car	Vehicle Program Debt Available Capacity VehicleProgramDebtAvailableCapacity	3056000000	USD
CY2016Q1	car	Vehicle Program Debt Total Capacity VehicleProgramDebtTotalCapacity	12971000000	USD
CY2015Q4	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	8860000000	USD
CY2016Q1	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	9861000000	USD
CY2015Q1	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	6000000	USD
CY2016Q1	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	6000000	USD
CY2015Q1	car	Vehicle Rental VehicleRental	1319000000	USD
CY2016Q1	car	Vehicle Rental VehicleRental	1328000000	USD
CY2015Q4	car	Vehicles Held For Sale VehiclesHeldForSale	963000000	USD
CY2016Q1	car	Vehicles Held For Sale VehiclesHeldForSale	1038000000	USD
CY2015Q4	car	Vehicles Net VehiclesNet	10658000000	USD
CY2016Q1	car	Vehicles Net VehiclesNet	11953000000	USD
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000723612
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	94583375	shares
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	AVIS BUDGET GROUP, INC.
CY2016Q1	dei	Trading Symbol TradingSymbol	CAR
CY2015Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1485000000	USD
CY2016Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1574000000	USD
CY2015Q1	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	428000000	USD
CY2016Q1	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	467000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	2000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	2000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	0	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	0	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-1000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-4000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-2000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-5000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-74000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-73000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-65000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-64000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	51000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-41000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-80000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-8000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-22000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-116000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-147000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-77000000	USD
CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	7010000000	USD
CY2016Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6909000000	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	143000000	USD
CY2015Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5000000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8000000	USD
CY2015Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	3000000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	5000000	USD
CY2015Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	11000000	USD
CY2016Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	10000000	USD
CY2015Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11000000	USD
CY2016Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	17000000	USD
CY2015Q4	us-gaap	Assets Assets	17634000000	USD
CY2016Q1	us-gaap	Assets Assets	19308000000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	1627000000	USD
CY2016Q1	us-gaap	Assets Current AssetsCurrent	2182000000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	624000000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	854000000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	452000000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	876000000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	230000000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	424000000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	137093424	shares
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	526000000	USD
CY2016Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	137093424	shares
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CY2016Q1	us-gaap	Common Stock Value CommonStockValue	1000000	USD
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CY2016Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	-57000000	USD
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CY2016Q1	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1556000000	USD
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CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	4000000	USD
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CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	44000000	USD
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CY2016Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-29000000	USD
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CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-26000000	USD
CY2016Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	18000000	USD
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CY2016Q1	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
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CY2016Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	173000000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	56000000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	47000000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	24000000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	39000000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	39000000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	42000000	USD
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CY2016Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	366000000	USD
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CY2016Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-7000000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-35000000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-20000000	USD
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CY2015Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-82000000	USD
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CY2016Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	11000000	USD
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	917000000	USD
CY2016Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	918000000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	52000000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	50000000	USD
CY2016Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	7000000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17634000000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19308000000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1511000000	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1901000000	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	3461000000	USD
CY2016Q1	us-gaap	Long Term Debt LongTermDebt	3838000000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	26000000	USD
CY2016Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	327000000	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3435000000	USD
CY2016Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3511000000	USD
CY2016Q1	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	25000000	USD
CY2016Q1	us-gaap	Loss Contingency Range Of Possible Loss Portion Not Accrued LossContingencyRangeOfPossibleLossPortionNotAccrued	30000000	USD
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CY2015Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	985000000	USD
CY2016Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	1040000000	USD
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CY2015Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	156000000	USD
CY2016Q1	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	142000000	USD
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CY2016Q1	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	4000000	USD
CY2016Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	1000	shares
CY2015Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	23000000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	25000000	USD
CY2016Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1200000000	USD
CY2016Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	360000000	USD
CY2015Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	500000	shares
CY2016Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	3000000	shares
CY2015Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	31000000	USD
CY2016Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	80000000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	439000000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	371000000	USD
CY2016Q1	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	54000000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	39342387	shares
CY2016Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	41815605	shares
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4623000000	USD
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	4609000000	USD
CY2015Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	159000000	USD
CY2016Q1	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	273000000	USD
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	106100000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96300000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	106100000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	96300000	shares

Files In Submission

Name	View Source	Status
0000723612-16-000294-index-headers.html	Edgar Link	pending
0000723612-16-000294-index.html	Edgar Link	pending
0000723612-16-000294.txt	Edgar Link	pending
0000723612-16-000294-xbrl.zip	Edgar Link	pending
car-20160331.xml	Edgar Link	completed
car-20160331.xsd	Edgar Link	pending
car-20160331x10q.htm	Edgar Link	pending
car-20160331_cal.xml	Edgar Link	unprocessable
car-20160331_def.xml	Edgar Link	unprocessable
car-20160331_lab.xml	Edgar Link	unprocessable
car-20160331_pre.xml	Edgar Link	unprocessable
ex4_1xnoteindenture.htm	Edgar Link	pending
exhibit12car-20160331.htm	Edgar Link	pending
exhibit311car-20160331.htm	Edgar Link	pending
exhibit312car-20160331.htm	Edgar Link	pending
exhibit32car-20160331.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R70.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$CAR
AVIS BUDGET GROUP, INC. Stock $car

2016 Q1 Form 10-Q Financial Statement

#000072361216000294 Filed on May 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR AVIS BUDGET GROUP, INC. Stock $car

2016 Q1 Form 10-Q Financial Statement

#000072361216000294 Filed on May 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR
AVIS BUDGET GROUP, INC. Stock $car