$CAR
AVIS BUDGET GROUP, INC. Stock $car

$car Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-Q Financial Statement

#000072361217000076 Filed on May 04, 2017

Income Statement

Concept	2017 Q1	2016 Q1
Revenue	$1.839B	$1.881B
YoY Change	-2.23%	1.68%
Cost Of Revenue	$1.049B	$1.040B
YoY Change	0.87%	5.58%
Gross Profit	$790.0M	$841.0M
YoY Change	-6.06%	-2.77%
Gross Profit Margin	42.96%	44.71%
Selling, General & Admin	$262.0M	$269.0M
YoY Change	-2.6%	8.47%
% of Gross Profit	33.16%	31.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$500.0M	$493.0M
YoY Change	1.42%	4.45%
% of Gross Profit	63.29%	58.62%
Operating Expenses	$262.0M	$269.0M
YoY Change	-2.6%	8.47%
Operating Profit	$528.0M	$572.0M
YoY Change	-7.69%	-7.29%
Interest Expense	$49.00M	$50.00M
YoY Change	-2.0%	-3.85%
% of Operating Profit	9.28%	8.74%
Other Income/Expense, Net
YoY Change
Pretax Income	-$165.0M	-$86.00M
YoY Change	91.86%	437.5%
Income Tax	-$58.00M	-$35.00M
% Of Pretax Income
Net Earnings	-$107.0M	-$51.00M
YoY Change	109.8%	466.67%
Net Earnings / Revenue	-5.82%	-2.71%
Basic Earnings Per Share	-$1.25	-$0.53
Diluted Earnings Per Share	-$1.25	-$0.53
COMMON SHARES
Basic Shares Outstanding	85.70M shares	96.30M shares
Diluted Shares Outstanding	85.70M shares	96.30M shares

Balance Sheet

Concept	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$923.0M	$876.0M
YoY Change	5.37%	2.58%
Cash & Equivalents	$923.0M	$876.0M
Short-Term Investments
Other Short-Term Assets	$651.0M	$644.0M
YoY Change	1.09%	24.56%
Inventory
Prepaid Expenses	$230.0M	$229.0M
Receivables	$718.0M	$662.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.292B	$2.182B
YoY Change	5.04%	5.06%
LONG-TERM ASSETS
Property, Plant & Equipment	$684.0M	$687.0M
YoY Change	-0.44%	9.22%
Goodwill	$1.013B	$1.006B
YoY Change	0.7%	23.74%
Intangibles	$859.0M	$918.0M
YoY Change	-6.43%	7.24%
Long-Term Investments	$0.00	$0.00
YoY Change
Other Assets	$195.0M	$243.0M
YoY Change	-19.75%	-28.95%
Total Long-Term Assets	$16.69B	$17.13B
YoY Change	-2.57%	11.1%
TOTAL ASSETS
Total Short-Term Assets	$2.292B	$2.182B
Total Long-Term Assets	$16.69B	$17.13B
Total Assets	$18.98B	$19.31B
YoY Change	-1.71%	10.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$355.0M	$1.574B
YoY Change	-77.45%	5.71%
Accrued Expenses	$376.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$474.0M	$327.0M
YoY Change	44.95%	34.02%
Total Short-Term Liabilities	$2.063B	$1.901B
YoY Change	8.52%	9.69%
LONG-TERM LIABILITIES
Long-Term Debt	$3.506B	$3.511B
YoY Change	-0.14%	0.86%
Other Long-Term Liabilities	$747.0M	$764.0M
YoY Change	-2.23%	4.37%
Total Long-Term Liabilities	$4.253B	$4.275B
YoY Change	-0.51%	1.47%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.063B	$1.901B
Total Long-Term Liabilities	$4.253B	$4.275B
Total Liabilities	$6.316B	$6.176B
YoY Change	2.27%	3.87%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.690B	-$1.853B
YoY Change	-8.8%	-12.76%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$4.910B	$4.609B
YoY Change	6.53%	7.99%
Treasury Stock Shares	52.00M shares	41.82M shares
Shareholders Equity	$141.0M	$371.0M
YoY Change
Total Liabilities & Shareholders Equity	$18.98B	$19.31B
YoY Change	-1.71%	10.38%

Cashflow Statement

Concept	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	-$107.0M	-$51.00M
YoY Change	109.8%	466.67%
Depreciation, Depletion And Amortization	$500.0M	$493.0M
YoY Change	1.42%	4.45%
Cash From Operating Activities	$447.0M	$472.0M
YoY Change	-5.3%	-6.16%
INVESTING ACTIVITIES
Capital Expenditures	-$3.986B	-$4.180B
YoY Change	-4.64%	29.17%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$1.059B	-$1.204B
YoY Change	-12.04%	55.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$61.00M	$95.00M
YoY Change	-35.79%	187.88%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$950.0M	$1.138B
YoY Change	-16.52%	115.94%
NET CHANGE
Cash From Operating Activities	$447.0M	$472.0M
Cash From Investing Activities	-$1.059B	-$1.204B
Cash From Financing Activities	$950.0M	$1.138B
Net Change In Cash	$350.0M	$406.0M
YoY Change	-13.79%	58.59%
FREE CASH FLOW
Cash From Operating Activities	$447.0M	$472.0M
Capital Expenditures	-$3.986B	-$4.180B
Free Cash Flow	$4.433B	$4.652B
YoY Change	-4.71%	24.42%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q4	car	Accrued Sales And Use Taxes Current AccruedSalesAndUseTaxesCurrent	206000000	USD
CY2017Q1	car	Accrued Sales And Use Taxes Current AccruedSalesAndUseTaxesCurrent	229000000	USD
CY2016Q4	car	Accumulated Depreciation AccumulatedDepreciation	1454000000	USD
CY2017Q1	car	Accumulated Depreciation AccumulatedDepreciation	1360000000	USD
CY2016Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	44000000	USD
CY2017Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	-27000000	USD
CY2016Q4	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	11578000000	USD
CY2017Q1	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	12304000000	USD
CY2016Q1	car	Chargesforlegalmatter Chargesforlegalmatter	0	USD
CY2017Q1	car	Chargesforlegalmatter Chargesforlegalmatter	13000000	USD
CY2016Q4	car	Debt Debt	2183000000	USD
CY2017Q1	car	Debt Due To Related Party DebtDueToRelatedParty	7106000000	USD
CY2017Q1	car	Debt Debt	2395000000	USD
CY2016Q4	car	Debt Due To Related Party DebtDueToRelatedParty	6695000000	USD
CY2016Q1	car	Decrease Increase In Program Cash DecreaseIncreaseInProgramCash	-198000000	USD
CY2017Q1	car	Decrease Increase In Program Cash DecreaseIncreaseInProgramCash	-87000000	USD
CY2016Q4	car	Deferred Income Taxes DeferredIncomeTaxes	2429000000	USD
CY2017Q1	car	Deferred Income Taxes DeferredIncomeTaxes	2453000000	USD
CY2017Q1	car	Early Debt Extinguishment EarlyDebtExtinguishment	3000000	USD
CY2017Q1	car	Employee Service Share Based Compensation Incremental Tax Benefit To Be Realized From Exercise Of Stock Awards EmployeeServiceShareBasedCompensationIncrementalTaxBenefitToBeRealizedFromExerciseOfStockAwards	56000000	USD
CY2016Q1	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	3000000	USD
CY2017Q1	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	-24000000	USD
CY2016Q1	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	3000000	USD
CY2017Q1	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	-24000000	USD
CY2016Q1	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	-45000000	USD
CY2017Q1	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	-70000000	USD
CY2016Q1	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
CY2017Q1	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
CY2016Q4	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
CY2017Q1	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
CY2016Q1	car	Intercompanyloanborrowings Intercompanyloanborrowings	0	USD
CY2017Q1	car	Intercompanyloanborrowings Intercompanyloanborrowings	0	USD
CY2016Q4	car	Investment In Related Party InvestmentInRelatedParty	362000000	USD
CY2017Q1	car	Investment In Related Party InvestmentInRelatedParty	395000000	USD
CY2016Q1	car	Investment In Vehicles InvestmentInVehicles	4140000000	USD
CY2017Q1	car	Investment In Vehicles InvestmentInVehicles	3944000000	USD
CY2016Q4	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	11647000000	USD
CY2017Q1	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	12521000000	USD
CY2016Q1	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	246000000	USD
CY2017Q1	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	379000000	USD
CY2016Q1	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	892000000	USD
CY2017Q1	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	571000000	USD
CY2016Q1	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-38000000	USD
CY2017Q1	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-40000000	USD
CY2016Q1	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	1166000000	USD
CY2017Q1	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	932000000	USD
CY2016Q1	car	Net Change In Short Term Borrowings NetChangeInShortTermBorrowings	-1000000	USD
CY2017Q1	car	Net Change In Short Term Borrowings NetChangeInShortTermBorrowings	0	USD
CY2016Q1	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	3000000	USD
CY2017Q1	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	0	USD
CY2016Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	61000000	USD
CY2017Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	63000000	USD
CY2016Q1	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	68000000	USD
CY2017Q1	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	26000000	USD
CY2016Q1	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	-4000000	USD
CY2017Q1	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	0	USD
CY2016Q4	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	340000000	USD
CY2017Q1	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	567000000	USD
CY2016Q1	car	Other Revenue OtherRevenue	553000000	USD
CY2017Q1	car	Other Revenue OtherRevenue	553000000	USD
CY2016Q1	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	3796000000	USD
CY2017Q1	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	5236000000	USD
CY2016Q1	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	5000000	USD
CY2017Q1	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	143000000	USD
CY2016Q1	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	4694000000	USD
CY2017Q1	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	5812000000	USD
CY2016Q1	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	350000000	USD
CY2017Q1	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	590000000	USD
CY2016Q1	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	2776000000	USD
CY2017Q1	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	2958000000	USD
CY2016Q4	car	Program Cash ProgramCash	225000000	USD
CY2017Q1	car	Program Cash ProgramCash	142000000	USD
CY2016Q1	car	Property And Equipment Additions PropertyAndEquipmentAdditions	40000000	USD
CY2017Q1	car	Property And Equipment Additions PropertyAndEquipmentAdditions	42000000	USD
CY2016Q4	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	527000000	USD
CY2017Q1	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	281000000	USD
CY2016Q4	car	Rental Vehicles RentalVehicles	10937000000	USD
CY2017Q1	car	Rental Vehicles RentalVehicles	12387000000	USD
CY2016Q4	car	Rental Vehicles Net RentalVehiclesNet	9483000000	USD
CY2017Q1	car	Rental Vehicles Net RentalVehiclesNet	11027000000	USD
CY2016Q4	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	6065000000	USD
CY2017Q1	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	6674000000	USD
CY2016Q4	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	5775000000	USD
CY2017Q1	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	6316000000	USD
CY2016Q1	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	4000000	USD
CY2017Q1	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	3000000	USD
CY2016Q1	car	Vehicle Depreciation VehicleDepreciation	432000000	USD
CY2017Q1	car	Vehicle Depreciation VehicleDepreciation	437000000	USD
CY2016Q1	car	Vehicle Depreciation Expense VehicleDepreciationExpense	432000000	USD
CY2017Q1	car	Vehicle Depreciation Expense VehicleDepreciationExpense	437000000	USD
CY2016Q1	car	Vehicle Interest Net VehicleInterestNet	65000000	USD
CY2017Q1	car	Vehicle Interest Net VehicleInterestNet	64000000	USD
CY2016Q1	car	Vehicle Lease Charges VehicleLeaseCharges	34000000	USD
CY2017Q1	car	Vehicle Lease Charges VehicleLeaseCharges	43000000	USD
CY2017Q1	car	Vehicle Program Debt Amount Outstanding VehicleProgramDebtAmountOutstanding	9552000000	USD
CY2017Q1	car	Vehicle Program Debt Available Capacity VehicleProgramDebtAvailableCapacity	3183000000	USD
CY2017Q1	car	Vehicle Program Debt Total Capacity VehicleProgramDebtTotalCapacity	12735000000	USD
CY2016Q4	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	8878000000	USD
CY2017Q1	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	9501000000	USD
CY2016Q1	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	6000000	USD
CY2017Q1	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	5000000	USD
CY2016Q1	car	Vehicle Rental VehicleRental	1328000000	USD
CY2017Q1	car	Vehicle Rental VehicleRental	1286000000	USD
CY2016Q4	car	Vehicles Held For Sale VehiclesHeldForSale	981000000	USD
CY2017Q1	car	Vehicles Held For Sale VehiclesHeldForSale	459000000	USD
CY2016Q4	car	Vehicles Net VehiclesNet	10464000000	USD
CY2017Q1	car	Vehicles Net VehiclesNet	11486000000	USD
CY2017Q1	dei	Amendment Flag AmendmentFlag	false
CY2017Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2017Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2017Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2017Q1	dei	Document Period End Date DocumentPeriodEndDate	2017-03-31
CY2017Q1	dei	Document Type DocumentType	10-Q
CY2017Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000723612
CY2017Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	84234701	shares
CY2017Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2017Q1	dei	Entity Registrant Name EntityRegistrantName	AVIS BUDGET GROUP, INC.
CY2017Q1	dei	Trading Symbol TradingSymbol	CAR
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1488000000	USD
CY2017Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1589000000	USD
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	343000000	USD
CY2017Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	355000000	USD
CY2016Q1	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	467000000	USD
CY2017Q1	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	546000000	USD
CY2016Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	141000000	USD
CY2017Q1	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	143000000	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
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1000000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1000000	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
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	2000000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	3000000	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
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-118000000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-116000000	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
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-39000000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-14000000	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
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-154000000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-126000000	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6918000000	USD
CY2017Q1	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	504000000	USD
CY2016Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	800000	shares
CY2016Q1	us-gaap	Costs And Expenses CostsAndExpenses	1967000000	USD
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	2004000000	USD
CY2017Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6866000000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8000000	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1000000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	5000000	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	0	USD
CY2016Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	10000000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	9000000	USD
CY2016Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	17000000	USD
CY2017Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15000000	USD
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	800000	shares
CY2016Q4	us-gaap	Assets Assets	17643000000	USD
CY2017Q1	us-gaap	Assets Assets	18978000000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	1817000000	USD
CY2017Q1	us-gaap	Assets Current AssetsCurrent	2292000000	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
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	490000000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	923000000	USD
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CY2017Q1	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	19000000	USD
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CY2017Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-17000000	USD
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CY2017Q1	us-gaap	Due To Related Parties Noncurrent DueToRelatedPartiesNoncurrent	0	USD
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CY2016Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	18000000	USD
CY2017Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	8000000	USD
CY2016Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	173000000	USD
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CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	211000000	USD
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CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	41000000	USD
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CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	22000000	USD
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CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	37000000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	37000000	USD
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CY2017Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	531000000	USD
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CY2017Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	308000000	USD
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CY2017Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-35000000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-58000000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	14000000	USD
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CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	870000000	USD
CY2017Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	859000000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	50000000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	49000000	USD
CY2017Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	3000000	USD
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CY2017Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2063000000	USD
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CY2017Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	474000000	USD
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CY2017Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3506000000	USD
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CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	95000000	USD
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CY2017Q1	us-gaap	Profit Loss ProfitLoss	-107000000	USD
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CY2016Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	2000000	USD
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CY2017Q1	us-gaap	Recorded Unconditional Purchase Obligation Due Within One Year RecordedUnconditionalPurchaseObligationDueWithinOneYear	5200000000	USD
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CY2017Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	3000	shares
CY2016Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	25000000	USD
CY2017Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	19000000	USD
CY2017Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1500000000	USD
CY2017Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	250000000	USD
CY2016Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	3000000	shares
CY2017Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1500000	shares
CY2016Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	80000000	USD
CY2017Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	50000000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	221000000	USD
CY2017Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	141000000	USD
CY2017Q1	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	78000000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	51000000	shares
CY2017Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	52000000	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4905000000	USD
CY2017Q1	us-gaap	Treasury Stock Value TreasuryStockValue	4910000000	USD
CY2016Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	153000000	USD
CY2017Q1	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	257000000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	96300000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	85700000	shares
CY2017Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Reclassifications.</font><font style="font-family:Arial;font-size:10pt;"> Certain reclassifications have been made to prior years’ Consolidated Condensed Financial Statements to conform to the current year presentation. These reclassifications have no impact on reported net income (see “Adoption of New Accounting Pronouncements”</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:Arial;font-size:10pt;">below).</font></div><div style="line-height:120%;text-align:left;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name	View Source	Status
0000723612-17-000076-index-headers.html	Edgar Link	pending
0000723612-17-000076-index.html	Edgar Link	pending
0000723612-17-000076.txt	Edgar Link	pending
0000723612-17-000076-xbrl.zip	Edgar Link	pending
car-20170331.xml	Edgar Link	completed
car-20170331.xsd	Edgar Link	pending
car-20170331x10q.htm	Edgar Link	pending
car-20170331_cal.xml	Edgar Link	unprocessable
car-20170331_def.xml	Edgar Link	unprocessable
car-20170331_lab.xml	Edgar Link	unprocessable
car-20170331_pre.xml	Edgar Link	unprocessable
exhibit12car-20170331.htm	Edgar Link	pending
exhibit311car-20170331.htm	Edgar Link	pending
exhibit312car-20170331.htm	Edgar Link	pending
exhibit32car-20170331.htm	Edgar Link	pending
exhibit42-indenture450seni.htm	Edgar Link	pending
exhibit43-formofnote450sen.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
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
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

2017 Q1 Form 10-Q Financial Statement

#000072361217000076 Filed on May 04, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR AVIS BUDGET GROUP, INC. Stock $car

2017 Q1 Form 10-Q Financial Statement

#000072361217000076 Filed on May 04, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR
AVIS BUDGET GROUP, INC. Stock $car