$CAR
AVIS BUDGET GROUP, INC. Stock $car

$car Overview Financials Valuation SEC Filings Company Website

2017 Q2 Form 10-Q Financial Statement

#000072361217000104 Filed on August 08, 2017

Income Statement

Concept	2017 Q2	2016 Q2
Revenue	$2.238B	$2.243B
YoY Change	-0.22%	3.22%
Cost Of Revenue	$1.108B	$1.122B
YoY Change	-1.25%	2.75%
Gross Profit	$1.130B	$1.121B
YoY Change	0.8%	3.7%
Gross Profit Margin	50.49%	49.98%
Selling, General & Admin	$293.0M	$312.0M
YoY Change	-6.09%	11.03%
% of Gross Profit	25.93%	27.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$581.0M	$564.0M
YoY Change	3.01%	3.3%
% of Gross Profit	51.42%	50.31%
Operating Expenses	$293.0M	$312.0M
YoY Change	-6.09%	11.03%
Operating Profit	$837.0M	$809.0M
YoY Change	3.46%	1.13%
Interest Expense	$48.00M	$56.00M
YoY Change	-14.29%	24.44%
% of Operating Profit	5.73%	6.92%
Other Income/Expense, Net
YoY Change
Pretax Income	$11.00M	$63.00M
YoY Change	-82.54%	-23.17%
Income Tax	$8.000M	$27.00M
% Of Pretax Income	72.73%	42.86%
Net Earnings	$3.000M	$36.00M
YoY Change	-91.67%	-74.83%
Net Earnings / Revenue	0.13%	1.6%
Basic Earnings Per Share	$0.04	$0.39
Diluted Earnings Per Share	$0.04	$0.38
COMMON SHARES
Basic Shares Outstanding	84.00M shares	93.90M shares
Diluted Shares Outstanding	85.20M shares	95.10M shares

Balance Sheet

Concept	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$776.0M	$527.0M
YoY Change	47.25%	-0.38%
Cash & Equivalents	$776.0M	$527.0M
Short-Term Investments
Other Short-Term Assets	$837.0M	$856.0M
YoY Change	-2.22%	12.19%
Inventory
Prepaid Expenses	$204.0M	$237.0M
Receivables	$762.0M	$760.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.375B	$2.143B
YoY Change	10.83%	1.04%
LONG-TERM ASSETS
Property, Plant & Equipment	$684.0M	$683.0M
YoY Change	0.15%	7.22%
Goodwill	$1.043B	$1.004B
YoY Change	3.88%	3.4%
Intangibles	$867.0M	$896.0M
YoY Change	-3.24%	-5.29%
Long-Term Investments	$0.00	$0.00
YoY Change
Other Assets	$202.0M	$244.0M
YoY Change	-17.21%	-28.86%
Total Long-Term Assets	$18.46B	$18.34B
YoY Change	0.64%	0.34%
TOTAL ASSETS
Total Short-Term Assets	$2.375B	$2.143B
Total Long-Term Assets	$18.46B	$18.34B
Total Assets	$20.83B	$20.48B
YoY Change	1.7%	0.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$438.0M	$1.743B
YoY Change	-74.87%	2.71%
Accrued Expenses	$518.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$26.00M	$28.00M
YoY Change	-7.14%	-12.5%
Total Short-Term Liabilities	$1.875B	$1.771B
YoY Change	5.87%	2.43%
LONG-TERM LIABILITIES
Long-Term Debt	$3.546B	$3.502B
YoY Change	1.26%	-0.51%
Other Long-Term Liabilities	$768.0M	$773.0M
YoY Change	-0.65%	6.92%
Total Long-Term Liabilities	$4.314B	$4.275B
YoY Change	0.91%	0.75%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.875B	$1.771B
Total Long-Term Liabilities	$4.314B	$4.275B
Total Liabilities	$6.189B	$6.046B
YoY Change	2.37%	1.24%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.687B	-$1.817B
YoY Change	-7.15%	-8.28%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$4.952B	$4.707B
YoY Change	5.21%	8.23%
Treasury Stock Shares	54.00M shares	45.30M shares
Shareholders Equity	$148.0M	$339.0M
YoY Change
Total Liabilities & Shareholders Equity	$20.83B	$20.48B
YoY Change	1.7%	0.41%

Cashflow Statement

Concept	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	$3.000M	$36.00M
YoY Change	-91.67%	-74.83%
Depreciation, Depletion And Amortization	$581.0M	$564.0M
YoY Change	3.01%	3.3%
Cash From Operating Activities	$692.0M	$607.0M
YoY Change	14.0%	15.84%
INVESTING ACTIVITIES
Capital Expenditures	-$4.216B	-$4.409B
YoY Change	-4.38%	-7.82%
Acquisitions
YoY Change
Other Investing Activities	$2.002B	$2.532B
YoY Change	-20.93%	37.61%
Cash From Investing Activities	-$2.214B	-$1.877B
YoY Change	17.95%	-36.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.189B	926.0M
YoY Change	28.4%	-55.65%
NET CHANGE
Cash From Operating Activities	692.0M	607.0M
Cash From Investing Activities	-2.214B	-1.877B
Cash From Financing Activities	1.189B	926.0M
Net Change In Cash	-333.0M	-344.0M
YoY Change	-3.2%	3.93%
FREE CASH FLOW
Cash From Operating Activities	$692.0M	$607.0M
Capital Expenditures	-$4.216B	-$4.409B
Free Cash Flow	$4.908B	$5.016B
YoY Change	-2.15%	-5.48%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q4	car	Accrued Sales And Use Taxes Current AccruedSalesAndUseTaxesCurrent	206000000	USD
CY2017Q2	car	Accrued Sales And Use Taxes Current AccruedSalesAndUseTaxesCurrent	244000000	USD
CY2016Q4	car	Accumulated Depreciation AccumulatedDepreciation	1454000000	USD
CY2017Q2	car	Accumulated Depreciation AccumulatedDepreciation	1431000000	USD
CY2016Q2	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	204000000	USD
	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	248000000	USD
CY2017Q2	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	140000000	USD
	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	113000000	USD
CY2016Q4	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	11578000000	USD
CY2017Q2	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	14019000000	USD
CY2016Q2	car	Chargesforlegalmatter Chargesforlegalmatter	0	USD
	car	Chargesforlegalmatter Chargesforlegalmatter	0	USD
CY2017Q2	car	Chargesforlegalmatter Chargesforlegalmatter	-27000000	USD
	car	Chargesforlegalmatter Chargesforlegalmatter	-14000000	USD
	car	Chargesrelatedto Cfo Departure ChargesrelatedtoCFODeparture	7000000	USD
	car	Chargesrelatedtovoluntaryterminationprogram Chargesrelatedtovoluntaryterminationprogram	14000000	USD
	car	Chargesrelatedtovoluntaryterminationprogram Expected Numberof Positions Eliminated ChargesrelatedtovoluntaryterminationprogramExpectedNumberofPositionsEliminated	325	Employee
	car	Chargesrelatedtovoluntaryterminationprogram Numberof Positions Eliminated ChargesrelatedtovoluntaryterminationprogramNumberofPositionsEliminated	185	Employee
CY2016Q4	car	Debt Debt	2183000000	USD
	car	Intercompanyloanborrowings Intercompanyloanborrowings	0	USD
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	0	USD
CY2016Q4	car	Debt Due To Related Party DebtDueToRelatedParty	6695000000	USD
CY2017Q2	car	Debt Due To Related Party DebtDueToRelatedParty	7876000000	USD
	car	Decrease Increase In Program Cash DecreaseIncreaseInProgramCash	-82000000	USD
	car	Decrease Increase In Program Cash DecreaseIncreaseInProgramCash	-168000000	USD
CY2016Q4	car	Deferred Income Taxes DeferredIncomeTaxes	2429000000	USD
CY2017Q2	car	Deferred Income Taxes DeferredIncomeTaxes	2437000000	USD
CY2016Q2	car	Early Debt Extinguishment EarlyDebtExtinguishment	10000000	USD
CY2017Q2	car	Debt Debt	3486000000	USD
	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-97000000	USD
CY2017Q2	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	3000000000	USD
	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	2922000000	USD
	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
CY2016Q4	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
	car	Net Change In Short Term Borrowings NetChangeInShortTermBorrowings	0	USD
	car	Net Change In Short Term Borrowings NetChangeInShortTermBorrowings	1000000	USD
CY2016Q2	car	Vehicle Lease Charges VehicleLeaseCharges	42000000	USD
CY2017Q2	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
CY2016Q2	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	4000000	USD
	car	Vehicle Lease Charges VehicleLeaseCharges	76000000	USD
CY2017Q2	car	Vehicle Lease Charges VehicleLeaseCharges	54000000	USD
	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	7000000	USD
CY2017Q2	car	Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges	0	USD
	car	Early Debt Extinguishment EarlyDebtExtinguishment	10000000	USD
CY2017Q2	car	Early Debt Extinguishment EarlyDebtExtinguishment	0	USD
	car	Early Debt Extinguishment EarlyDebtExtinguishment	3000000	USD
CY2017Q2	car	Employee Service Share Based Compensation Incremental Tax Benefit To Be Realized From Exercise Of Stock Awards EmployeeServiceShareBasedCompensationIncrementalTaxBenefitToBeRealizedFromExerciseOfStockAwards	56000000	USD
	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	12000000	USD
	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	-51000000	USD
CY2016Q2	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	9000000	USD
	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	12000000	USD
CY2017Q2	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	-27000000	USD
	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	-51000000	USD
	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	-43000000	USD
	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	-91000000	USD
CY2016Q2	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
	car	Intercompanyloanborrowings Intercompanyloanborrowings	0	USD
CY2016Q4	car	Investment In Related Party InvestmentInRelatedParty	362000000	USD
CY2017Q2	car	Investment In Related Party InvestmentInRelatedParty	395000000	USD
	car	Investment In Vehicles InvestmentInVehicles	8500000000	USD
	car	Investment In Vehicles InvestmentInVehicles	8116000000	USD
CY2016Q4	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	11647000000	USD
CY2017Q2	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	14495000000	USD
	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	-155000000	USD
	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	-120000000	USD
	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	2219000000	USD
	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	2259000000	USD
	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-81000000	USD
CY2017Q2	car	Newly Issued European Credit Facility NewlyIssuedEuropeanCreditFacility	250000000	USD
CY2016Q2	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	65000000	USD
	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	126000000	USD
CY2017Q2	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	65000000	USD
	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	128000000	USD
	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	70000000	USD
	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	9850000000	USD
	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	11255000000	USD
CY2017Q2	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	6813000000	USD
CY2016Q4	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	5775000000	USD
CY2017Q2	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	6189000000	USD
	car	Vehicle Lease Charges VehicleLeaseCharges	97000000	USD
CY2017Q2	car	Vehicle Program Debt Amount Outstanding VehicleProgramDebtAmountOutstanding	11409000000	USD
	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	558000000	USD
	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	589000000	USD
	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	5418000000	USD
CY2016Q2	car	Vehicle Interest Net VehicleInterestNet	73000000	USD
	car	Vehicle Interest Net VehicleInterestNet	138000000	USD
CY2016Q2	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	5000000	USD
	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	9000000	USD
CY2017Q2	car	Vehicle Interest Net VehicleInterestNet	73000000	USD
	car	Vehicle Interest Net VehicleInterestNet	137000000	USD
	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	72000000	USD
	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	-10000000	USD
	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	-2000000	USD
CY2016Q4	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	340000000	USD
CY2017Q2	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	696000000	USD
CY2016Q2	car	Other Revenue OtherRevenue	670000000	USD
	car	Other Revenue OtherRevenue	1223000000	USD
CY2017Q2	car	Other Revenue OtherRevenue	675000000	USD
	car	Other Revenue OtherRevenue	1228000000	USD
	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	7614000000	USD
	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	8988000000	USD
	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	520000000	USD
	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	591000000	USD
	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	5059000000	USD
CY2016Q4	car	Program Cash ProgramCash	225000000	USD
CY2017Q2	car	Program Cash ProgramCash	65000000	USD
	car	Property And Equipment Additions PropertyAndEquipmentAdditions	89000000	USD
	car	Property And Equipment Additions PropertyAndEquipmentAdditions	86000000	USD
CY2016Q4	car	Publicliabilityandpropertydamageinsuranceliabilitiescurrent Publicliabilityandpropertydamageinsuranceliabilitiescurrent	141000000	USD
CY2017Q2	car	Publicliabilityandpropertydamageinsuranceliabilitiescurrent Publicliabilityandpropertydamageinsuranceliabilitiescurrent	148000000	USD
CY2016Q4	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	527000000	USD
CY2017Q2	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	237000000	USD
CY2016Q4	car	Rental Vehicles RentalVehicles	10937000000	USD
CY2017Q2	car	Rental Vehicles RentalVehicles	14400000000	USD
CY2016Q4	car	Rental Vehicles Net RentalVehiclesNet	9483000000	USD
CY2017Q2	car	Rental Vehicles Net RentalVehiclesNet	12969000000	USD
CY2016Q4	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	6065000000	USD
CY2017Q2	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	5000000	USD
	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	8000000	USD
	car	Vehicle Depreciation VehicleDepreciation	931000000	USD
	car	Vehicle Depreciation VehicleDepreciation	953000000	USD
CY2016Q2	car	Vehicle Depreciation Expense VehicleDepreciationExpense	499000000	USD
	car	Vehicle Depreciation Expense VehicleDepreciationExpense	931000000	USD
CY2017Q2	car	Vehicle Depreciation Expense VehicleDepreciationExpense	516000000	USD
	car	Vehicle Depreciation Expense VehicleDepreciationExpense	953000000	USD
CY2016Q4	car	Vehicles Net VehiclesNet	10464000000	USD
CY2017Q2	car	Vehicle Program Debt Available Capacity VehicleProgramDebtAvailableCapacity	1591000000	USD
CY2017Q2	car	Vehicles Net VehiclesNet	13322000000	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
	dei	Amendment Flag AmendmentFlag	false
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1000000	USD
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	2000000	USD
CY2017Q2	car	Vehicle Program Debt Total Capacity VehicleProgramDebtTotalCapacity	13000000000	USD
CY2016Q4	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	8878000000	USD
CY2017Q2	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	11362000000	USD
	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	17000000	USD
	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	8000000	USD
CY2016Q2	car	Vehicle Rental VehicleRental	1573000000	USD
	car	Vehicle Rental VehicleRental	2901000000	USD
CY2017Q2	car	Vehicle Rental VehicleRental	1563000000	USD
	car	Vehicle Rental VehicleRental	2849000000	USD
CY2016Q4	car	Vehicles Held For Sale VehiclesHeldForSale	981000000	USD
CY2017Q2	car	Vehicles Held For Sale VehiclesHeldForSale	353000000	USD
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000723612
CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	82652285	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	AVIS BUDGET GROUP, INC.
	dei	Trading Symbol TradingSymbol	CAR
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1488000000	USD
CY2017Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1849000000	USD
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	343000000	USD
CY2017Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	438000000	USD
CY2016Q2	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	557000000	USD
CY2017Q2	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	658000000	USD
CY2016Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	86000000	USD
CY2017Q2	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	105000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	0	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	0	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-10000000	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
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	1000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-65000000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-63000000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-118000000	USD
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-115000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-80000000	USD
	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	9000000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	75000000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	0	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-39000000	USD
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	34000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-147000000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-73000000	USD
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CY2017Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	555000000	USD
CY2017Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	212000000	USD
CY2017Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	204000000	USD
	us-gaap	Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants	90	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	0	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	0	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-1000000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	7000000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	4000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	685000000	USD
CY2017Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	684000000	USD
CY2016Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	808000000	USD
CY2017Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	762000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	4000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	4000000	USD
CY2017Q2	us-gaap	Recorded Unconditional Purchase Obligation Due Within One Year RecordedUnconditionalPurchaseObligationDueWithinOneYear	1700000000	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	33000000	USD
CY2016Q2	us-gaap	Restructuring Charges RestructuringCharges	5000000	USD
	us-gaap	Restructuring Charges RestructuringCharges	20000000	USD
CY2017Q2	us-gaap	Restructuring Charges RestructuringCharges	38000000	USD
	us-gaap	Restructuring Charges RestructuringCharges	45000000	USD
CY2016Q4	us-gaap	Restructuring Reserve RestructuringReserve	6000000	USD
CY2017Q2	us-gaap	Restructuring Reserve RestructuringReserve	5000000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1639000000	USD
CY2017Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1687000000	USD
CY2016Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	2243000000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	4124000000	USD
CY2017Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	2238000000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	4077000000	USD
CY2016Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	312000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	581000000	USD
CY2017Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	293000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	14000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	7000000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost	2000000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	0	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue	0
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue	0
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	27000000	USD
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	19000000	USD
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	810000	shares
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	801000	shares
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.91
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.94
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0.79
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0.00
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.00
CY2016	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P2Y3M0D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P1Y9M0D
CY2017Q2	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	3000000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	9000	shares
	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	25000000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	22000000	USD
CY2017Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1500000000	USD
CY2017Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	200000000	USD
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	6500000	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	3400000	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	180000000	USD
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	100000000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	221000000	USD
CY2017Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	148000000	USD
CY2017Q2	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	52000000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	51000000	shares
CY2017Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	54000000	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4905000000	USD
CY2017Q2	us-gaap	Treasury Stock Value TreasuryStockValue	4952000000	USD
CY2016Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	153000000	USD
CY2017Q2	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	430000000	USD
CY2016Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1200000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2017Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1200000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	95100000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	95100000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85200000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	84900000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	93900000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	95100000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	84000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	84900000	shares
	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
0000723612-17-000104-index-headers.html	Edgar Link	pending
0000723612-17-000104-index.html	Edgar Link	pending
0000723612-17-000104.txt	Edgar Link	pending
0000723612-17-000104-xbrl.zip	Edgar Link	pending
car-20170630.xml	Edgar Link	completed
car-20170630.xsd	Edgar Link	pending
car-20170630x10q.htm	Edgar Link	pending
car-20170630_cal.xml	Edgar Link	unprocessable
car-20170630_def.xml	Edgar Link	unprocessable
car-20170630_lab.xml	Edgar Link	unprocessable
car-20170630_pre.xml	Edgar Link	unprocessable
exhibit12car-20170630.htm	Edgar Link	pending
exhibit311car-20170630.htm	Edgar Link	pending
exhibit312car-20170630.htm	Edgar Link	pending
exhibit32car-20170630.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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R73.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 Q2 Form 10-Q Financial Statement

#000072361217000104 Filed on August 08, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR AVIS BUDGET GROUP, INC. Stock $car

2017 Q2 Form 10-Q Financial Statement

#000072361217000104 Filed on August 08, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR
AVIS BUDGET GROUP, INC. Stock $car