$CAR
AVIS BUDGET GROUP, INC. Stock $car

$car Overview Financials Valuation SEC Filings Company Website

2018 Q3 Form 10-Q Financial Statement

#000072361218000113 Filed on November 06, 2018

Income Statement

Concept	2018 Q3	2017 Q3
Revenue	$2.778B	$2.752B
YoY Change	0.94%	3.61%
Cost Of Revenue	$1.294B	$1.256B
YoY Change	3.03%	3.04%
Gross Profit	$1.484B	$1.496B
YoY Change	-0.8%	4.11%
Gross Profit Margin	53.42%	54.36%
Selling, General & Admin	$336.0M	$320.0M
YoY Change	5.0%	1.59%
% of Gross Profit	22.64%	21.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$602.0M	$613.0M
YoY Change	-1.79%	4.79%
% of Gross Profit	40.57%	40.98%
Operating Expenses	$336.0M	$320.0M
YoY Change	5.0%	1.59%
Operating Profit	$1.148B	$1.176B
YoY Change	-2.38%	4.81%
Interest Expense	$44.00M	$45.00M
YoY Change	-2.22%	-11.76%
% of Operating Profit	3.83%	3.83%
Other Income/Expense, Net
YoY Change
Pretax Income	$355.0M	$364.0M
YoY Change	-2.47%	5.51%
Income Tax	$142.0M	$119.0M
% Of Pretax Income	40.0%	32.69%
Net Earnings	$213.0M	$245.0M
YoY Change	-13.06%	17.22%
Net Earnings / Revenue	7.67%	8.9%
Basic Earnings Per Share	$2.71	$2.96
Diluted Earnings Per Share	$2.68	$2.91
COMMON SHARES
Basic Shares Outstanding	78.80M shares	82.60M shares
Diluted Shares Outstanding	79.50M shares	84.00M shares

Balance Sheet

Concept	2018 Q3	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$605.0M	$814.0M
YoY Change	-25.68%	-17.36%
Cash & Equivalents	$605.0M	$814.0M
Short-Term Investments
Other Short-Term Assets	$657.0M	$750.0M
YoY Change	-12.4%	18.11%
Inventory
Prepaid Expenses	$230.0M	$231.0M
Receivables	$918.0M	$855.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.180B	$2.419B
YoY Change	-9.88%	-0.94%
LONG-TERM ASSETS
Property, Plant & Equipment	$719.0M	$693.0M
YoY Change	3.75%	3.28%
Goodwill	$1.064B	$1.065B
YoY Change	-0.09%	5.13%
Intangibles	$844.0M	$863.0M
YoY Change	-2.2%	-2.49%
Long-Term Investments	$0.00	$0.00
YoY Change
Other Assets	$267.0M	$182.0M
YoY Change	46.7%	-18.75%
Total Long-Term Assets	$17.56B	$17.45B
YoY Change	0.61%	2.47%
TOTAL ASSETS
Total Short-Term Assets	$2.180B	$2.419B
Total Long-Term Assets	$17.56B	$17.45B
Total Assets	$19.74B	$19.87B
YoY Change	-0.66%	2.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$396.0M	$426.0M
YoY Change	-7.04%	-75.13%
Accrued Expenses	$835.0M	$627.0M
YoY Change	33.17%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$23.00M	$26.00M
YoY Change	-11.54%	-92.31%
Total Short-Term Liabilities	$1.908B	$1.892B
YoY Change	0.85%	-7.75%
LONG-TERM LIABILITIES
Long-Term Debt	$3.538B	$3.565B
YoY Change	-0.76%	1.05%
Other Long-Term Liabilities	$767.0M	$760.0M
YoY Change	0.92%	-0.39%
Total Long-Term Liabilities	$4.305B	$4.325B
YoY Change	-0.46%	0.79%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.908B	$1.892B
Total Long-Term Liabilities	$4.305B	$4.325B
Total Liabilities	$6.213B	$6.217B
YoY Change	-0.06%	-1.97%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.103B	-$1.442B
YoY Change	-23.51%	-10.32%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$5.065B	$4.976B
YoY Change	1.79%	3.41%
Treasury Stock Shares	59.00M shares	55.00M shares
Shareholders Equity	$521.0M	$401.0M
YoY Change
Total Liabilities & Shareholders Equity	$19.74B	$19.87B
YoY Change	-0.66%	2.04%

Cashflow Statement

Concept	2018 Q3	2017 Q3
OPERATING ACTIVITIES
Net Income	$213.0M	$245.0M
YoY Change	-13.06%	17.22%
Depreciation, Depletion And Amortization	$602.0M	$613.0M
YoY Change	-1.79%	4.79%
Cash From Operating Activities	$974.0M	$902.0M
YoY Change	7.98%	-11.74%
INVESTING ACTIVITIES
Capital Expenditures	-$1.762B	-$1.608B
YoY Change	9.58%	-4.68%
Acquisitions
YoY Change
Other Investing Activities	$1.833B	$1.870B
YoY Change	-1.98%	-7.1%
Cash From Investing Activities	$71.00M	$262.0M
YoY Change	-72.9%	-19.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-935.0M	-964.0M
YoY Change	-3.01%	8.19%
NET CHANGE
Cash From Operating Activities	974.0M	902.0M
Cash From Investing Activities	71.00M	262.0M
Cash From Financing Activities	-935.0M	-964.0M
Net Change In Cash	110.0M	200.0M
YoY Change	-45.0%	-56.24%
FREE CASH FLOW
Cash From Operating Activities	$974.0M	$902.0M
Capital Expenditures	-$1.762B	-$1.608B
Free Cash Flow	$2.736B	$2.510B
YoY Change	9.0%	-7.35%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q4	car	Accrued Sales And Use Taxes Current AccruedSalesAndUseTaxesCurrent	218000000	USD
CY2018Q3	car	Accrued Sales And Use Taxes Current AccruedSalesAndUseTaxesCurrent	307000000	USD
CY2017Q4	car	Accruedmarketingandcommissionscurrent Accruedmarketingandcommissionscurrent	190000000	USD
CY2018Q3	car	Accruedmarketingandcommissionscurrent Accruedmarketingandcommissionscurrent	223000000	USD
CY2017Q4	car	Accumulated Depreciation AccumulatedDepreciation	1652000000	USD
CY2018Q3	car	Accumulated Depreciation AccumulatedDepreciation	1701000000	USD
CY2017Q3	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	482000000	USD
	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	595000000	USD
CY2018Q3	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	476000000	USD
	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	639000000	USD
CY2017Q4	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	11879000000	USD
CY2018Q3	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	13602000000	USD
	car	Chargesforlegalmatter Chargesforlegalmatter	-14000000	USD
	car	Chargesforlegalmatter Chargesforlegalmatter	0	USD
	car	Chargesrelatedtovoluntaryterminationprogram Chargesrelatedtovoluntaryterminationprogram	14000000	USD
	car	Chargesrelatedtovoluntaryterminationprogram Expected Numberof Positions Eliminated ChargesrelatedtovoluntaryterminationprogramExpectedNumberofPositionsEliminated	358	Employee
CY2017Q4	car	Debt Debt	2741000000	USD
CY2018Q3	car	Debt Debt	3800000000	USD
CY2017Q4	car	Debt Due To Avis Budget Rental Car Funding Aesop Llc Related Party DebtDueToAvisBudgetRentalCarFundingAesopLlcRelatedParty	6480000000	USD
CY2018Q3	car	Debt Due To Avis Budget Rental Car Funding Aesop Llc Related Party DebtDueToAvisBudgetRentalCarFundingAesopLlcRelatedParty	7122000000	USD
	car	Decrease Increase In Program Cash DecreaseIncreaseInProgramCash	0	USD
CY2017Q4	car	Deferred Income Taxes DeferredIncomeTaxes	1594000000	USD
CY2018Q3	car	Deferred Income Taxes DeferredIncomeTaxes	1775000000	USD
	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	-53000000	USD
	car	Gain Loss On Sale Of Vehicles GainLossOnSaleOfVehicles	35000000	USD
CY2017Q3	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	-2000000	USD
	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	-53000000	USD
CY2018Q3	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	25000000	USD
	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	35000000	USD
	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	16000000	USD
	car	Increase Decrease In Income Taxes And Deferred Income Taxes IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes	78000000	USD
CY2017Q3	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
CY2018Q3	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
	car	Intercompany Interest Expense Income IntercompanyInterestExpenseIncome	0	USD
CY2017Q4	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
CY2018Q3	car	Intercompany Receivables Payables IntercompanyReceivablesPayables	0	USD
	car	Intercompanyloanborrowings Intercompanyloanborrowings	0	USD
CY2017Q4	car	Investment In Related Party InvestmentInRelatedParty	423000000	USD
CY2018Q3	car	Investment In Related Party InvestmentInRelatedParty	516000000	USD
	car	Investment In Vehicles InvestmentInVehicles	9672000000	USD
	car	Investment In Vehicles InvestmentInVehicles	10079000000	USD
CY2017Q4	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	11191000000	USD
CY2018Q3	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	13007000000	USD
	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	-163000000	USD
	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	-171000000	USD
	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	1338000000	USD
	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	1625000000	USD
	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-143000000	USD
	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-256000000	USD
	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	2833000000	USD
	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	3421000000	USD
	car	Newly Issued European Credit Facility NewlyIssuedEuropeanCreditFacility	150000000	USD
CY2017Q3	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	66000000	USD
	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	194000000	USD
CY2018Q3	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	62000000	USD
	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	190000000	USD
	car	Nonoperationalchargesrelatedtoshareholderactivistactivity Nonoperationalchargesrelatedtoshareholderactivistactivity	0	USD
	car	Nonoperationalchargesrelatedtoshareholderactivistactivity Nonoperationalchargesrelatedtoshareholderactivistactivity	9000000	USD
	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	104000000	USD
	car	Other Comprehensive Income Loss Netof Tax Portion Attributableto Parentbeforereclassifications OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentbeforereclassifications	-51000000	USD
	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	-2000000	USD
	car	Other Comprehensive Income Unrealized Gain Loss On Cash Flow Hedges Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnCashFlowHedgesArisingDuringPeriodNetOfTax	9000000	USD
CY2017Q4	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	376000000	USD
CY2018Q3	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	310000000	USD
	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	12930000000	USD
	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	11727000000	USD
	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	596000000	USD
	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	99000000	USD
	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	14276000000	USD
	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	13371000000	USD
	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	589000000	USD
	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	81000000	USD
	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	6872000000	USD
	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	6752000000	USD
CY2017Q3	car	Program Cash ProgramCash	180000000	USD
CY2017Q4	car	Program Cash ProgramCash	283000000	USD
CY2018Q3	car	Program Cash ProgramCash	151000000	USD
	car	Property And Equipment Additions PropertyAndEquipmentAdditions	138000000	USD
	car	Property And Equipment Additions PropertyAndEquipmentAdditions	157000000	USD
CY2017Q4	car	Publicliabilityandpropertydamageinsuranceliabilitiescurrent Publicliabilityandpropertydamageinsuranceliabilitiescurrent	145000000	USD
CY2018Q3	car	Publicliabilityandpropertydamageinsuranceliabilitiescurrent Publicliabilityandpropertydamageinsuranceliabilitiescurrent	144000000	USD
CY2017Q4	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	547000000	USD
CY2018Q3	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	772000000	USD
CY2017Q4	car	Rental Vehicles RentalVehicles	11652000000	USD
CY2018Q3	car	Rental Vehicles RentalVehicles	13418000000	USD
CY2017Q4	car	Rental Vehicles Net RentalVehiclesNet	10000000000	USD
CY2018Q3	car	Rental Vehicles Net RentalVehiclesNet	11717000000	USD
	car	Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Expectedto Vest Weighted Average Remaining Contractual Term SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVestWeightedAverageRemainingContractualTerm	P1Y4M0D
CY2017Q4	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	5820000000	USD
CY2018Q3	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	6139000000	USD
CY2017Q4	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	5935000000	USD
CY2018Q3	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	6213000000	USD
CY2017Q3	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	0	USD
	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	8000000	USD
CY2018Q3	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	11000000	USD
	car	Transactionrelatedcostsnet Transactionrelatedcostsnet	18000000	USD
	car	Vehicle Depreciation VehicleDepreciation	1500000000	USD
	car	Vehicle Depreciation VehicleDepreciation	1536000000	USD
CY2017Q3	car	Vehicle Depreciation And Lease Charges Net VehicleDepreciationAndLeaseChargesNet	616000000	USD
	car	Vehicle Depreciation And Lease Charges Net VehicleDepreciationAndLeaseChargesNet	1717000000	USD
CY2018Q3	car	Vehicle Depreciation And Lease Charges Net VehicleDepreciationAndLeaseChargesNet	587000000	USD
	car	Vehicle Depreciation And Lease Charges Net VehicleDepreciationAndLeaseChargesNet	1693000000	USD
CY2017Q3	car	Vehicle Depreciation Expense VehicleDepreciationExpense	547000000	USD
	car	Vehicle Depreciation Expense VehicleDepreciationExpense	1500000000	USD
CY2018Q3	car	Vehicle Depreciation Expense VehicleDepreciationExpense	540000000	USD
	car	Vehicle Depreciation Expense VehicleDepreciationExpense	1536000000	USD
CY2017Q3	car	Vehicle Interest Net VehicleInterestNet	78000000	USD
	car	Vehicle Interest Net VehicleInterestNet	215000000	USD
CY2018Q3	car	Vehicle Interest Net VehicleInterestNet	85000000	USD
	car	Vehicle Interest Net VehicleInterestNet	237000000	USD
CY2017Q3	car	Vehicle Lease Charges VehicleLeaseCharges	67000000	USD
	car	Vehicle Lease Charges VehicleLeaseCharges	164000000	USD
CY2018Q3	car	Vehicle Lease Charges VehicleLeaseCharges	72000000	USD
	car	Vehicle Lease Charges VehicleLeaseCharges	192000000	USD
CY2018Q3	car	Vehicle Program Debt Amount Outstanding VehicleProgramDebtAmountOutstanding	10970000000	USD
CY2018Q3	car	Vehicle Program Debt Available Capacity VehicleProgramDebtAvailableCapacity	1939000000	USD
CY2018Q3	car	Vehicle Program Debt Total Capacity VehicleProgramDebtTotalCapacity	12909000000	USD
CY2017Q4	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	9221000000	USD
CY2018Q3	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	10922000000	USD
	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	8000000	USD
	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	19000000	USD
CY2017Q4	car	Vehicles Held For Sale VehiclesHeldForSale	626000000	USD
CY2018Q3	car	Vehicles Held For Sale VehiclesHeldForSale	446000000	USD
CY2017Q4	car	Vehicles Net VehiclesNet	10626000000	USD
CY2018Q3	car	Vehicles Net VehiclesNet	12163000000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000723612
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	77346138	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	AVIS BUDGET GROUP, INC.
	dei	Trading Symbol TradingSymbol	CAR
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1619000000	USD
CY2018Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1885000000	USD
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	359000000	USD
CY2018Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	396000000	USD
CY2017Q3	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	231000000	USD
CY2018Q3	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	269000000	USD
CY2017Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	103000000	USD
CY2018Q3	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	117000000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1000000	USD
CY2017Q3	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	2000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	2000000	USD
CY2018Q3	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 Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	2000000	USD
CY2017Q3	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	2000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	5000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	14000000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-118000000	USD
CY2017Q3	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-114000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-102000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-109000000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-39000000	USD
CY2017Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	66000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	71000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	17000000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-154000000	USD
CY2017Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-44000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-24000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-78000000	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6820000000	USD
CY2018Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6766000000	USD
CY2017Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1000000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6000000	USD
CY2018Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7000000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	18000000	USD
CY2017Q3	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	1000000	USD
	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	4000000	USD
CY2018Q3	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	5000000	USD
	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	14000000	USD
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CY2018Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
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CY2018Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	207000000	USD
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CY2018Q3	us-gaap	Due To Related Parties Noncurrent DueToRelatedPartiesNoncurrent	0	USD
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CY2018Q3	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
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CY2018Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	316000000	USD
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CY2018Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
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CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	119000000	USD
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CY2018Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	142000000	USD
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CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	850000000	USD
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CY2017Q3	us-gaap	Interest Expense InterestExpense	45000000	USD
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CY2018Q3	us-gaap	Interest Expense InterestExpense	44000000	USD
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CY2018Q3	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	7000000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17699000000	USD
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CY2017Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3573000000	USD
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CY2018Q3	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	12000000	USD
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CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	213000000	USD
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CY2017Q4	us-gaap	New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1 NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1	6000000	USD
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CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	533000000	USD
CY2018Q3	us-gaap	Other Assets Current OtherAssetsCurrent	657000000	USD
CY2017Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	163000000	USD
CY2018Q3	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	170000000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	196000000	USD
CY2018Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	267000000	USD
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CY2018Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-1000000	USD
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CY2017Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	34000000	USD
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CY2018Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-6000000	USD
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CY2017Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	1000000	USD
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CY2018Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	0	USD
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CY2017Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-1000000	USD
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CY2018Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	0	USD
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CY2017Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	293000000	USD
CY2018Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	349000000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	717000000	USD
CY2018Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	767000000	USD
CY2017Q4	us-gaap	Other Long Term Debt OtherLongTermDebt	49000000	USD
CY2018Q3	us-gaap	Other Long Term Debt OtherLongTermDebt	40000000	USD
	us-gaap	Other Nonrecurring Expense OtherNonrecurringExpense	7000000	USD
CY2017Q3	us-gaap	Other Receivables OtherReceivables	707000000	USD
CY2018Q3	us-gaap	Other Receivables OtherReceivables	757000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-6000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	44000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	144000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	143000000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	9000000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	9000000	USD
	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	17000000	USD
	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	64000000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2018Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	196000000	USD
CY2018Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	230000000	USD
	us-gaap	Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants	100	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1400000	shares
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	3000000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	USD
CY2018Q3	us-gaap	Restructuring Reserve RestructuringReserve	3000000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1222000000	USD
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1103000000	USD
CY2017Q3	us-gaap	Revenues Revenues	2752000000	USD
	us-gaap	Revenues Revenues	6829000000	USD
CY2018Q3	us-gaap	Revenues Revenues	2778000000	USD
	us-gaap	Revenues Revenues	7074000000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	22000000	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	0	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-3000000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-4000000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	6000000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	9000000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	704000000	USD
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	719000000	USD
CY2017Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	922000000	USD
CY2018Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	918000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	6000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	3000000	USD
CY2018Q3	us-gaap	Recorded Unconditional Purchase Obligation Due Within One Year RecordedUnconditionalPurchaseObligationDueWithinOneYear	5000000000	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	33000000	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	116000000	USD
CY2017Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	7000000	USD
CY2018Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12000000	USD
CY2017Q3	us-gaap	Restructuring Charges RestructuringCharges	7000000	USD
	us-gaap	Restructuring Charges RestructuringCharges	52000000	USD
CY2018Q3	us-gaap	Restructuring Charges RestructuringCharges	4000000	USD
	us-gaap	Restructuring Charges RestructuringCharges	14000000	USD
CY2017Q4	us-gaap	Restructuring Reserve RestructuringReserve	4000000	USD
CY2017Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	2752000000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	6829000000	USD
CY2018Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	2778000000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	7074000000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	320000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	875000000	USD
CY2018Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	336000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	953000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	18000000	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	8000000	USD
	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 Grant Date Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue	0
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	10000000	USD
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	2000000	USD
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	273000	shares
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	79000	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	7.08
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.79
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	9.64
	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
CY2017	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P1Y8M0D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P0Y3M0D
CY2018Q3	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	1000000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	194000	shares
	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	23000000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	20000000	USD
CY2018Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1700000000	USD
CY2018Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	222000000	USD
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	4200000	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	3500000	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	127000000	USD
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	129000000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	573000000	USD
CY2018Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	521000000	USD
CY2018Q3	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	56000000	USD
CY2017Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	56000000	shares
CY2018Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	59000000	shares
CY2017Q4	us-gaap	Treasury Stock Value TreasuryStockValue	5002000000	USD
CY2018Q3	us-gaap	Treasury Stock Value TreasuryStockValue	5065000000	USD
CY2017Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	174000000	USD
CY2018Q3	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	257000000	USD
CY2017Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1400000	shares
CY2018Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	700000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	900000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	84000000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85500000	shares
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	79500000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	81000000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82600000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	84100000	shares
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78800000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	80100000	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” 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
0000723612-18-000113-index-headers.html	Edgar Link	pending
0000723612-18-000113-index.html	Edgar Link	pending
0000723612-18-000113.txt	Edgar Link	pending
0000723612-18-000113-xbrl.zip	Edgar Link	pending
car-20180930.xml	Edgar Link	completed
car-20180930.xsd	Edgar Link	pending
car-20180930x10q.htm	Edgar Link	pending
car-20180930_cal.xml	Edgar Link	unprocessable
car-20180930_def.xml	Edgar Link	unprocessable
car-20180930_lab.xml	Edgar Link	unprocessable
car-20180930_pre.xml	Edgar Link	unprocessable
exhibit311car-20180930.htm	Edgar Link	pending
exhibit312car-20180930.htm	Edgar Link	pending
exhibit32car-20180930.htm	Edgar Link	pending
exhibit41avisbudgetfinance.htm	Edgar Link	pending
exhibit42avisbudgetfinance.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
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R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.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

2018 Q3 Form 10-Q Financial Statement

#000072361218000113 Filed on November 06, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR AVIS BUDGET GROUP, INC. Stock $car

2018 Q3 Form 10-Q Financial Statement

#000072361218000113 Filed on November 06, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR
AVIS BUDGET GROUP, INC. Stock $car