$CAR
Avis Budget Group Inc

2021 Q4 Form 10-Q Financial Statement

#000072361221000064 Filed on November 02, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q4
Revenue $2.569B $3.001B $1.355B
YoY Change 89.59% 95.63% -37.33%
Cost Of Revenue $1.181B $1.231B $785.0M
YoY Change 50.45% 51.04% -32.56%
Gross Profit $1.388B $1.770B $570.0M
YoY Change 143.51% 146.18% -42.89%
Gross Profit Margin 54.03% 58.98% 42.07%
Selling, General & Admin $335.0M $361.0M $200.0M
YoY Change 67.5% 117.47% -43.5%
% of Gross Profit 24.14% 20.4% 35.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $494.0M $455.0M $339.0M
YoY Change 45.72% 16.97% -32.34%
% of Gross Profit 35.59% 25.71% 59.47%
Operating Expenses $829.0M $361.0M $539.0M
YoY Change 53.8% 4412.5% -36.96%
Operating Profit $559.0M $1.409B $31.00M
YoY Change 1703.23% 98.17% -78.32%
Interest Expense -$132.0M $47.00M -$139.0M
YoY Change -5.04% -26.56% 13.93%
% of Operating Profit -23.61% 3.34% -448.39%
Other Income/Expense, Net
YoY Change
Pretax Income $543.0M $929.0M -$135.0M
YoY Change -502.22% 1652.83% -1064.29%
Income Tax $162.0M $255.0M -$45.00M
% Of Pretax Income 29.83% 27.45%
Net Earnings $382.0M $675.0M -$90.00M
YoY Change -524.44% 1400.0% -163.38%
Net Earnings / Revenue 14.87% 22.49% -6.64%
Basic Earnings Per Share $10.58
Diluted Earnings Per Share $6.519M $10.45 -$1.293M
COMMON SHARES
Basic Shares Outstanding 56.45M shares 63.70M shares 69.68M shares
Diluted Shares Outstanding 64.60M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $534.0M $886.0M $692.0M
YoY Change -22.83% -43.35% 0.87%
Cash & Equivalents $534.0M $886.0M $692.0M
Short-Term Investments
Other Short-Term Assets $538.0M $568.0M $456.0M
YoY Change 17.98% 20.85% -16.79%
Inventory
Prepaid Expenses $205.0M $208.0M $161.0M
Receivables $775.0M $813.0M $647.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.847B $2.267B $1.795B
YoY Change 2.9% -13.97% -16.32%
LONG-TERM ASSETS
Property, Plant & Equipment $537.0M $540.0M $657.0M
YoY Change -18.26% -21.97% -17.05%
Goodwill $1.108B $1.114B $1.137B
YoY Change -2.55% 0.18% 3.27%
Intangibles $724.0M $738.0M $774.0M
YoY Change -6.46% -5.38% -3.01%
Long-Term Investments $842.0M $793.0M $667.0M
YoY Change 26.24% 18.36%
Other Assets $382.0M $311.0M $244.0M
YoY Change 56.56% 24.9% 12.44%
Total Long-Term Assets $20.75B $19.34B $15.74B
YoY Change 31.82% 14.04% -24.97%
TOTAL ASSETS
Total Short-Term Assets $1.847B $2.267B $1.795B
Total Long-Term Assets $20.75B $19.34B $15.74B
Total Assets $22.60B $21.61B $17.54B
YoY Change 28.86% 10.28% -24.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $407.0M $461.0M $394.0M
YoY Change 3.3% 14.11% 4.23%
Accrued Expenses $1.220B $1.192B $968.0M
YoY Change 26.03% 16.18% -11.03%
Deferred Revenue $185.0M $217.0M $70.00M
YoY Change 164.29%
Short-Term Debt $19.00M $18.00M $19.00M
YoY Change 0.0%
Long-Term Debt Due $19.00M $18.00M $19.00M
YoY Change 0.0% -5.26% 0.0%
Total Short-Term Liabilities $2.408B $2.498B $2.053B
YoY Change 17.29% 15.33% -7.73%
LONG-TERM LIABILITIES
Long-Term Debt $3.990B $4.009B $4.191B
YoY Change -4.8% -3.28% 22.69%
Other Long-Term Liabilities $625.0M $658.0M $731.0M
YoY Change -14.5% -13.87% -3.43%
Total Long-Term Liabilities $4.615B $4.667B $4.922B
YoY Change -6.24% -4.93% 17.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.408B $2.498B $2.053B
Total Long-Term Liabilities $4.615B $4.667B $4.922B
Total Liabilities $7.023B $7.165B $6.975B
YoY Change 0.69% 1.27% 9.02%
SHAREHOLDERS EQUITY
Retained Earnings -$185.0M -$567.0M -$1.470B
YoY Change -87.41% -58.91% 87.26%
Common Stock $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.579B $6.142B $5.167B
YoY Change 27.33% 18.69% 0.45%
Treasury Stock Shares 81.00M shares 79.00M shares 67.00M shares
Shareholders Equity -$220.0M -$211.0M -$155.0M
YoY Change
Total Liabilities & Shareholders Equity $22.60B $21.61B $17.54B
YoY Change 28.86% 10.28% -24.16%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q4
OPERATING ACTIVITIES
Net Income $382.0M $675.0M -$90.00M
YoY Change -524.44% 1400.0% -163.38%
Depreciation, Depletion And Amortization $494.0M $455.0M $339.0M
YoY Change 45.72% 16.97% -32.34%
Cash From Operating Activities $943.0M $1.293B $59.00M
YoY Change 1498.31% 358.51% -90.99%
INVESTING ACTIVITIES
Capital Expenditures -$2.064B -$1.865B -$671.0M
YoY Change 207.6% 230.67% -71.3%
Acquisitions
YoY Change
Other Investing Activities $689.0M $969.0M $1.365B
YoY Change -49.52% -64.51% -47.98%
Cash From Investing Activities -$1.375B -$896.0M $694.0M
YoY Change -298.13% -141.37% 142.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 109.0M -852.0M -1.662B
YoY Change -106.56% -60.54% 115.28%
NET CHANGE
Cash From Operating Activities 943.0M 1.293B 59.00M
Cash From Investing Activities -1.375B -896.0M 694.0M
Cash From Financing Activities 109.0M -852.0M -1.662B
Net Change In Cash -323.0M -455.0M -909.0M
YoY Change -64.47% -257.44% -637.87%
FREE CASH FLOW
Cash From Operating Activities $943.0M $1.293B $59.00M
Capital Expenditures -$2.064B -$1.865B -$671.0M
Free Cash Flow $3.007B $3.158B $730.0M
YoY Change 311.92% 273.29% -75.61%

Facts In Submission

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CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2021Q3 us-gaap Treasury Stock Value
TreasuryStockValue
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CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q3 us-gaap Minority Interest
MinorityInterest
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CY2020Q4 us-gaap Minority Interest
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CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q3 us-gaap Liabilities And Stockholders Equity
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CY2020Q4 us-gaap Liabilities And Stockholders Equity
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us-gaap Profit Loss
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us-gaap Profit Loss
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car Vehicle Depreciation
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car Vehicle Depreciation
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car Amortizationof Right Of Use Assets
AmortizationofRightOfUseAssets
562000000 USD
car Amortizationof Right Of Use Assets
AmortizationofRightOfUseAssets
710000000 USD
car Gain Loss On Sale Of Vehicles
GainLossOnSaleOfVehicles
241000000 USD
car Gain Loss On Sale Of Vehicles
GainLossOnSaleOfVehicles
123000000 USD
car Non Vehicle Related Depreciation And Amortization
NonVehicleRelatedDepreciationAndAmortization
199000000 USD
car Non Vehicle Related Depreciation And Amortization
NonVehicleRelatedDepreciationAndAmortization
214000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
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us-gaap Amortization Of Financing Costs
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us-gaap Amortization Of Financing Costs
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Increase Decrease In Receivables
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175000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
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car Increase Decrease In Income Taxes And Deferred Income Taxes
IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes
200000000 USD
car Increase Decrease In Income Taxes And Deferred Income Taxes
IncreaseDecreaseInIncomeTaxesAndDeferredIncomeTaxes
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
435000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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car Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
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car Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
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us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
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car Property And Equipment Additions
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57000000 USD
car Property And Equipment Additions
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us-gaap Proceeds From Sale Of Productive Assets
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3000000 USD
us-gaap Proceeds From Sale Of Productive Assets
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us-gaap Payments To Acquire Restricted Investments
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us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
car Net Cash Used In Investing Activities Exclusive Of Vehicle Programs
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car Net Cash Used In Investing Activities Exclusive Of Vehicle Programs
NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms
-133000000 USD
car Investment In Vehicles
InvestmentInVehicles
8041000000 USD
car Investment In Vehicles
InvestmentInVehicles
4749000000 USD
car Proceeds Received On Disposition Of Vehicles
ProceedsReceivedOnDispositionOfVehicles
3310000000 USD
car Proceeds Received On Disposition Of Vehicles
ProceedsReceivedOnDispositionOfVehicles
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us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
260000000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
243000000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
134000000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
222000000 USD
car Net Cash Used In Investing Activities Of Vehicle Programs
NetCashUsedInInvestingActivitiesOfVehiclePrograms
4857000000 USD
car Net Cash Used In Investing Activities Of Vehicle Programs
NetCashUsedInInvestingActivitiesOfVehiclePrograms
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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car Proceeds From Long Term Borrowings
ProceedsFromLongTermBorrowings
1100000000 USD
car Proceeds From Long Term Borrowings
ProceedsFromLongTermBorrowings
991000000 USD
car Principal Payments On Long Term Borrowings
PrincipalPaymentsOnLongTermBorrowings
1350000000 USD
car Principal Payments On Long Term Borrowings
PrincipalPaymentsOnLongTermBorrowings
303000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Financing Costs
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us-gaap Payments Of Financing Costs
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us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
38000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
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car Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms
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car Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms
560000000 USD
car Proceeds From Borrowings From Financing Activities Within Vehicle Programs
ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms
11612000000 USD
car Proceeds From Borrowings From Financing Activities Within Vehicle Programs
ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms
12349000000 USD
car Principal Payments On Borrowings From Financing Activities Within Vehicle Programs
PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms
7790000000 USD
car Principal Payments On Borrowings From Financing Activities Within Vehicle Programs
PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms
15280000000 USD
car Vehicle Programs Payments Of Financing Costs
VehicleProgramsPaymentsOfFinancingCosts
14000000 USD
car Vehicle Programs Payments Of Financing Costs
VehicleProgramsPaymentsOfFinancingCosts
12000000 USD
car Net Cash Provided By Used In Financing Activities Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms
3808000000 USD
car Net Cash Provided By Used In Financing Activities Of Vehicle Programs
NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
180000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
760000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1660000000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q3 us-gaap Profit Loss
ProfitLoss
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CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q3 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
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CY2021Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
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CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q3 us-gaap Profit Loss
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CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
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CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Profit Loss
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OtherComprehensiveIncomeLossNetOfTax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q3 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
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us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
10000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Profit Loss
ProfitLoss
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
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us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
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us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
0 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
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us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2021Q3 car Program Cash
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CY2020Q3 car Program Cash
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CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
945000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1660000000 USD
car Net Unrealized Gain Or Loss Of Foreign Currency Transactions On Intercompany Loan Hedges
NetUnrealizedGainOrLossOfForeignCurrencyTransactionsOnIntercompanyLoanHedges
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CY2021Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
70000000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
63000000 USD
CY2021Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
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us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
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CY2020Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
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us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
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CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
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CY2021Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
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CY2021Q3 us-gaap Revenues
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CY2020Q3 us-gaap Revenues
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us-gaap Revenues
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us-gaap Revenues
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CY2021Q3 us-gaap Revenues
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CY2020Q3 us-gaap Revenues
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us-gaap Revenues
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us-gaap Revenues
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CY2021Q3 us-gaap Operating Lease Lease Income
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CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2967000000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
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us-gaap Operating Lease Cost
OperatingLeaseCost
419000000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2021Q3 us-gaap Variable Lease Cost
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CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
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us-gaap Variable Lease Cost
VariableLeaseCost
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us-gaap Variable Lease Cost
VariableLeaseCost
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CY2021Q3 us-gaap Lease Cost
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CY2020Q3 us-gaap Lease Cost
LeaseCost
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us-gaap Lease Cost
LeaseCost
737000000 USD
us-gaap Lease Cost
LeaseCost
550000000 USD
car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
41000000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2021Q3 car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
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CY2020Q3 car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
11000000 USD
car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
12000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
514000000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1862000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2592000000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y4M24D
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0386
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
226000000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
588000000 USD
CY2020Q4 us-gaap Restructuring Reserve
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CY2021Q3 us-gaap Restructuring Reserve
RestructuringReserve
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CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
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CY2021Q3 us-gaap Restructuring Reserve
RestructuringReserve
5000000 USD
us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
120 employee
CY2021Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Profit Loss
ProfitLoss
45000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
45000000 USD
us-gaap Net Income Loss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Net Income Loss
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CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69700000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70800000 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
900000 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
500000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64600000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70800000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
13.31
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
10.45
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021Q3 us-gaap Value Added Tax Receivable Current
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CY2020Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
147000000 USD
CY2021Q3 us-gaap Prepaid Expense Current
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208000000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
161000000 USD
CY2021Q3 us-gaap Other Assets Miscellaneous Current
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98000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
148000000 USD
CY2021Q3 us-gaap Other Assets Current
OtherAssetsCurrent
568000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
456000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
602000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
415000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
187000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
602000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
380000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
45000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
46000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
222000000 USD
CY2021Q3 us-gaap Goodwill
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CY2020Q4 us-gaap Goodwill
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16000000 USD
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44000000 USD
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29000000 USD
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17000000 USD
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15000000 USD
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RentalVehicles
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9210000000 USD
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AccumulatedDepreciation
1699000000 USD
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AccumulatedDepreciation
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VehiclesHeldForSale
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CY2020Q4 car Vehicles Held For Sale
VehiclesHeldForSale
280000000 USD
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VehiclesNet
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CY2020Q4 car Vehicles Net
VehiclesNet
8153000000 USD
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VehicleDepreciationExpense
386000000 USD
CY2021Q3 car Vehicle Depreciation Expense
VehicleDepreciationExpense
386000000 USD
CY2020Q3 car Vehicle Depreciation Expense
VehicleDepreciationExpense
315000000 USD
car Vehicle Depreciation Expense
VehicleDepreciationExpense
981000000 USD
car Vehicle Depreciation Expense
VehicleDepreciationExpense
1063000000 USD
CY2021Q3 car Vehicle Lease Charges
VehicleLeaseCharges
43000000 USD
CY2021Q3 car Vehicle Lease Charges
VehicleLeaseCharges
43000000 USD
CY2020Q3 car Vehicle Lease Charges
VehicleLeaseCharges
50000000 USD
car Vehicle Lease Charges
VehicleLeaseCharges
129000000 USD
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152000000 USD
CY2020Q3 car Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition
GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
109000000 USD
car Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition
GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
241000000 USD
car Vehicle Lease Charges
VehicleLeaseCharges
149000000 USD
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GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
152000000 USD
car Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition
GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition
123000000 USD
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CostOfGoodsAndServicesSoldDepreciation
277000000 USD
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CostOfGoodsAndServicesSoldDepreciation
256000000 USD
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
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us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
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AccountsPayableOtherCurrent
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AccountsPayableOtherCurrent
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CY2020Q3 us-gaap Other Receivables
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217000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
70000000 USD
CY2021Q3 car Accrued Advertising And Marketing Costs Current
AccruedAdvertisingAndMarketingCostsCurrent
206000000 USD
CY2020Q4 car Accrued Advertising And Marketing Costs Current
AccruedAdvertisingAndMarketingCostsCurrent
122000000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
189000000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
117000000 USD
CY2021Q3 car Public Liability And Property Damage Insurance Liabilities Current
PublicLiabilityAndPropertyDamageInsuranceLiabilitiesCurrent
166000000 USD
CY2020Q4 car Public Liability And Property Damage Insurance Liabilities Current
PublicLiabilityAndPropertyDamageInsuranceLiabilitiesCurrent
162000000 USD
CY2021Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
444000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
440000000 USD
CY2021Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2480000000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2034000000 USD
CY2021Q3 us-gaap Other Long Term Debt
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20000000 USD
CY2020Q4 us-gaap Other Long Term Debt
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24000000 USD
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51000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
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48000000 USD
CY2021Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
4027000000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
4210000000 USD
CY2021Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
18000000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
19000000 USD
CY2021Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
4009000000 USD
CY2020Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
4191000000 USD
CY2021Q3 car Vehicle Program Outstanding Debt
VehicleProgramOutstandingDebt
10749000000 USD
CY2020Q4 car Vehicle Program Outstanding Debt
VehicleProgramOutstandingDebt
6857000000 USD
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13509000000 USD
CY2021Q3 us-gaap Line Of Credit
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LineOfCreditFacilityRemainingBorrowingCapacity
2716000000 USD
CY2017Q1 car Number Of Cases Brought By Plaintiffs
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2 case
CY2021Q3 us-gaap Loss Contingency Accrual At Carrying Value
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12000000 USD
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35000000 USD
CY2021Q3 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
4100000000 USD
car Long Term Purchase Commitment Period Decrease
LongTermPurchaseCommitmentPeriodDecrease
4600000000 USD
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3100000000 USD
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11700000 shares
us-gaap Stock Repurchased During Period Value
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1000000000 USD
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397000000 USD
CY2021Q3 us-gaap Profit Loss
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674000000 USD
CY2020Q3 us-gaap Profit Loss
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45000000 USD
us-gaap Profit Loss
ProfitLoss
902000000 USD
us-gaap Profit Loss
ProfitLoss
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NetIncomeLossAttributableToNoncontrollingInterest
0 USD
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NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
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NetIncomeLoss
675000000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
45000000 USD
us-gaap Net Income Loss
NetIncomeLoss
903000000 USD
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12000000 USD
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12000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
35000000 USD
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
3000000 USD
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6000000 USD
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
27000000 USD
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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1000000 USD
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1000000 USD
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OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
1000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
1000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
29000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
660000000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
74000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
914000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-631000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-15000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2020Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3000000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4000000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
8000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6000000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
19000000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4000000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
692000 shares
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
36000000 USD
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y3M18D
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-21000000 USD
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DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
11000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
44000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
3000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
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80000000 USD
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
30000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-51000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
67000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-61000000 USD
CY2021Q3 car Unprecedented Personal Injury And Other Legal Matters Net
UnprecedentedPersonalInjuryAndOtherLegalMattersNet
-5000000 USD
CY2021Q3 car Unprecedented Personal Injury And Other Legal Matters Net
UnprecedentedPersonalInjuryAndOtherLegalMattersNet
-5000000 USD
CY2021Q3 us-gaap Revenues
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3001000000 USD
CY2021Q3 car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
1057000000 USD
CY2020Q3 us-gaap Revenues
Revenues
1534000000 USD
CY2020Q3 car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
220000000 USD
CY2021Q3 car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
1057000000 USD
CY2020Q3 car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
220000000 USD
CY2021Q3 car Non Vehicle Related Depreciation And Amortization Total
NonVehicleRelatedDepreciationAndAmortizationTotal
69000000 USD
CY2020Q3 car Non Vehicle Related Depreciation And Amortization Total
NonVehicleRelatedDepreciationAndAmortizationTotal
74000000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
47000000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
64000000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7000000 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
5000000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
17000000 USD
CY2021Q3 car Transactionrelatedcostsnet
Transactionrelatedcostsnet
1000000 USD
CY2020Q3 car Transactionrelatedcostsnet
Transactionrelatedcostsnet
0 USD
CY2021Q3 car Unusual Or Infrequent Items Or Both Covid Charges
UnusualOrInfrequentItemsOrBothCovidCharges
-6000000 USD
CY2020Q3 car Unusual Or Infrequent Items Or Both Covid Charges
UnusualOrInfrequentItemsOrBothCovidCharges
10000000 USD
CY2021Q3 car Unprecedented Personal Injury And Other Legal Matters Net
UnprecedentedPersonalInjuryAndOtherLegalMattersNet
-5000000 USD
CY2020Q3 car Unprecedented Personal Injury And Other Legal Matters Net
UnprecedentedPersonalInjuryAndOtherLegalMattersNet
0 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
929000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
53000000 USD
CY2021Q3 car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
-4000000 USD
CY2020Q3 car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
11000000 USD
CY2021Q3 car Unusual Or Infrequent Item Or Both Vehicles Damaged In Overflow Parking Lots Net Of Insurance Proceeds
UnusualOrInfrequentItemOrBothVehiclesDamagedInOverflowParkingLotsNetOfInsuranceProceeds
-3000000 USD
CY2020Q3 car Unusual Or Infrequent Item Or Both Vehicles Damaged In Overflow Parking Lots Net Of Insurance Proceeds
UnusualOrInfrequentItemOrBothVehiclesDamagedInOverflowParkingLotsNetOfInsuranceProceeds
-19000000 USD
CY2021Q3 car Unusual Or Infrequent Item Or Both Incremental Cleaning Supplies
UnusualOrInfrequentItemOrBothIncrementalCleaningSupplies
0 USD
CY2020Q3 car Unusual Or Infrequent Item Or Both Incremental Cleaning Supplies
UnusualOrInfrequentItemOrBothIncrementalCleaningSupplies
18000000 USD
CY2021Q3 us-gaap Supplies Expense
SuppliesExpense
1000000 USD
CY2020Q3 us-gaap Supplies Expense
SuppliesExpense
0 USD
us-gaap Revenues
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6744000000 USD
car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
1728000000 USD
us-gaap Revenues
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4047000000 USD
car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
-249000000 USD
car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
1728000000 USD
car Adjusted Earnings Before Income Depreciation And Amortization
AdjustedEarningsBeforeIncomeDepreciationAndAmortization
-249000000 USD
car Non Vehicle Related Depreciation And Amortization Total
NonVehicleRelatedDepreciationAndAmortizationTotal
204000000 USD
car Non Vehicle Related Depreciation And Amortization Total
NonVehicleRelatedDepreciationAndAmortizationTotal
214000000 USD
us-gaap Interest Expense
InterestExpense
167000000 USD
us-gaap Interest Expense
InterestExpense
163000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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-136000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9000000 USD
us-gaap Restructuring Charges
RestructuringCharges
47000000 USD
us-gaap Restructuring Charges
RestructuringCharges
89000000 USD
car Unusual Or Infrequent Items Or Both Covid Charges
UnusualOrInfrequentItemsOrBothCovidCharges
12000000 USD
car Unusual Or Infrequent Items Or Both Covid Charges
UnusualOrInfrequentItemsOrBothCovidCharges
90000000 USD
car Transactionrelatedcostsnet
Transactionrelatedcostsnet
3000000 USD
car Transactionrelatedcostsnet
Transactionrelatedcostsnet
3000000 USD
car Nonoperationalchargesrelatedtoshareholderactivistactivity
Nonoperationalchargesrelatedtoshareholderactivistactivity
0 USD
car Nonoperationalchargesrelatedtoshareholderactivistactivity
Nonoperationalchargesrelatedtoshareholderactivistactivity
4000000 USD
car Unprecedented Personal Injury And Other Legal Matters Net
UnprecedentedPersonalInjuryAndOtherLegalMattersNet
6000000 USD
car Unprecedented Personal Injury And Other Legal Matters Net
UnprecedentedPersonalInjuryAndOtherLegalMattersNet
0 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1165000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-821000000 USD
car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
12000000 USD
car Operating Lease Minimum Annual Guaranteed Rent In Excess Of Concession Fees
OperatingLeaseMinimumAnnualGuaranteedRentInExcessOfConcessionFees
41000000 USD
car Unusual Or Infrequent Item Or Both Vehicles Damaged In Overflow Parking Lots Net Of Insurance Proceeds
UnusualOrInfrequentItemOrBothVehiclesDamagedInOverflowParkingLotsNetOfInsuranceProceeds
-7000000 USD
car Unusual Or Infrequent Item Or Both Vehicles Damaged In Overflow Parking Lots Net Of Insurance Proceeds
UnusualOrInfrequentItemOrBothVehiclesDamagedInOverflowParkingLotsNetOfInsuranceProceeds
14000000 USD
car Unusual Or Infrequent Item Or Both Incremental Cleaning Supplies
UnusualOrInfrequentItemOrBothIncrementalCleaningSupplies
0 USD
car Unusual Or Infrequent Item Or Both Incremental Cleaning Supplies
UnusualOrInfrequentItemOrBothIncrementalCleaningSupplies
35000000 USD
us-gaap Supplies Expense
SuppliesExpense
7000000 USD
us-gaap Supplies Expense
SuppliesExpense
0 USD

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