$CAR
AVIS BUDGET GROUP, INC. Stock $car

$car Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000072361224000032 Filed on May 02, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$3.048B	$2.551B
YoY Change	-2.4%	-0.23%
Cost Of Revenue	$1.532B	$1.344B
YoY Change	3.86%	2.83%
Gross Profit	$1.516B	$1.207B
YoY Change	-8.01%	-3.44%
Gross Profit Margin	49.74%	47.31%
Selling, General & Admin	$348.0M	$325.0M
YoY Change	-16.75%	0.31%
% of Gross Profit	22.96%	26.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$791.0M	$697.0M
YoY Change	33.61%	117.13%
% of Gross Profit	52.18%	57.75%
Operating Expenses	$348.0M	$1.023B
YoY Change	-65.68%	215.74%
Operating Profit	$1.168B	$184.0M
YoY Change	84.23%	-80.13%
Interest Expense	$88.00M	-$322.0M
YoY Change	-136.67%	-541.1%
% of Operating Profit	7.53%	-175.0%
Other Income/Expense, Net
YoY Change
Pretax Income	$27.00M	-$142.0M
YoY Change	-95.48%	-135.77%
Income Tax	$12.00M	-$29.00M
% Of Pretax Income	44.44%
Net Earnings	$14.00M	-$114.0M
YoY Change	-96.78%	-136.54%
Net Earnings / Revenue	0.46%	-4.47%
Basic Earnings Per Share	$0.41	-$3.21
Diluted Earnings Per Share	$0.41	-$3.20
COMMON SHARES
Basic Shares Outstanding	35.65M shares	35.47M shares
Diluted Shares Outstanding	35.70M shares	35.60M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$511.0M	$522.0M
YoY Change	-10.51%	-4.74%
Cash & Equivalents	$511.0M	$522.0M
Short-Term Investments
Other Short-Term Assets	$887.0M	$779.0M
YoY Change	15.95%	22.87%
Inventory
Prepaid Expenses	$264.0M	$312.0M
Receivables	$1.062B	$1.032B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.460B	$2.333B
YoY Change	10.17%	17.65%
LONG-TERM ASSETS
Property, Plant & Equipment	$704.0M	$709.0M
YoY Change	-97.04%	17.38%
Goodwill	$1.087B	$1.088B
YoY Change	0.46%	1.12%
Intangibles	$650.0M	$658.0M
YoY Change	-2.84%	-0.15%
Long-Term Investments	$1.199B	$1.205B
YoY Change	4.44%	19.31%
Other Assets	$445.0M	$450.0M
YoY Change	-78.25%	2.27%
Total Long-Term Assets	$31.42B	$31.20B
YoY Change	7.75%	22.79%
TOTAL ASSETS
Total Short-Term Assets	$2.460B	$2.333B
Total Long-Term Assets	$31.42B	$31.20B
Total Assets	$33.88B	$33.53B
YoY Change	7.92%	22.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$555.0M	$504.0M
YoY Change	-3.14%	-1.18%
Accrued Expenses	$1.311B	$1.257B
YoY Change	5.22%	-1.49%
Deferred Revenue	$311.0M	$257.0M
YoY Change	-14.09%	-14.9%
Short-Term Debt	$28.00M	$405.0M
YoY Change		1091.18%
Long-Term Debt Due	$28.00M	$405.0M
YoY Change	-17.65%	1091.18%
Total Short-Term Liabilities	$2.866B	$3.074B
YoY Change	0.77%	11.82%
LONG-TERM LIABILITIES
Long-Term Debt	$5.233B	$5.032B
YoY Change	-76.68%	7.94%
Other Long-Term Liabilities	$505.0M	$509.0M
YoY Change	-84.4%	2.41%
Total Long-Term Liabilities	$5.738B	$5.541B
YoY Change	-77.65%	7.4%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.866B	$3.074B
Total Long-Term Liabilities	$5.738B	$5.541B
Total Liabilities	$8.604B	$8.615B
YoY Change	-72.71%	8.94%
SHAREHOLDERS EQUITY
Retained Earnings	$3.751B	$3.738B
YoY Change	12.78%	29.3%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$490.0M	-$515.0M
YoY Change
Total Liabilities & Shareholders Equity	$33.88B	$33.53B
YoY Change	7.92%	22.42%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$14.00M	-$114.0M
YoY Change	-96.78%	-136.54%
Depreciation, Depletion And Amortization	$791.0M	$697.0M
YoY Change	33.61%	117.13%
Cash From Operating Activities	$884.0M	$589.0M
YoY Change	-8.2%	-28.08%
INVESTING ACTIVITIES
Capital Expenditures	$2.859B	$4.134B
YoY Change	-43.52%	5.35%
Acquisitions
YoY Change
Other Investing Activities	$1.822B	$2.616B
YoY Change	19.4%
Cash From Investing Activities	-$1.037B	-$1.518B
YoY Change	-70.67%	-9.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	139.0M	$897.0M
YoY Change	-94.7%	6.66%
NET CHANGE
Cash From Operating Activities	884.0M	$589.0M
Cash From Investing Activities	-1.037B	-$1.518B
Cash From Financing Activities	139.0M	$897.0M
Net Change In Cash	-14.00M	-$45.00M
YoY Change	-126.92%	246.15%
FREE CASH FLOW
Cash From Operating Activities	$884.0M	$589.0M
Capital Expenditures	$2.859B	$4.134B
Free Cash Flow	-$1.975B	-$3.545B
YoY Change	-51.82%	14.17%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2024Q1	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent
CY2023Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent
CY2024Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	1344000000	usd
CY2023Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	1307000000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	636000000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	265000000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	325000000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	324000000	usd
CY2024Q1	car	Vehicle Interest Net VehicleInterestNet	239000000	usd
CY2023Q1	car	Vehicle Interest Net VehicleInterestNet	133000000	usd
CY2024Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	61000000	usd
CY2023Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	56000000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	83000000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	73000000	usd
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	3000000	usd
CY2023Q1	us-gaap	Restructuring Charges RestructuringCharges	4000000	usd
CY2024Q1	car	Transaction Related Costs Net TransactionRelatedCostsNet	1000000	usd
CY2023Q1	car	Transaction Related Costs Net TransactionRelatedCostsNet	0	usd
CY2024Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-1000000	usd
CY2023Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	2000000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	2693000000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	2160000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-142000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	397000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-29000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	85000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-113000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	312000000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1000000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-114000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	312000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-158000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	302000000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.21
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.88
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.21
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.72
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	522000000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	555000000	usd
CY2024Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	1032000000	usd
CY2023Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	900000000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	779000000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	684000000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	2333000000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	2139000000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	709000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	719000000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2750000000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2654000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1811000000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1868000000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	1088000000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	1099000000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	658000000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	670000000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	450000000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	441000000	usd
CY2024Q1	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	9799000000	usd
CY2023Q4	car	Total Assets Exclusive Of Assets Under Vehicle Programs TotalAssetsExclusiveOfAssetsUnderVehiclePrograms	9590000000	usd
CY2024Q1	car	Program Cash ProgramCash	73000000	usd
CY2023Q4	car	Program Cash ProgramCash	85000000	usd
CY2024Q1	car	Vehicles Net VehiclesNet	22020000000	usd
CY2023Q4	car	Vehicles Net VehiclesNet	21240000000	usd
CY2024Q1	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	431000000	usd
CY2023Q4	car	Receivables From Vehicle Manufacturers And Other ReceivablesFromVehicleManufacturersAndOther	443000000	usd
CY2024Q1	car	Investment In Related Party InvestmentInRelatedParty	1205000000	usd
CY2023Q4	car	Investment In Related Party InvestmentInRelatedParty	1211000000	usd
CY2024Q1	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	23729000000	usd
CY2023Q4	car	Assets Under Vehicle Programs AssetsUnderVehiclePrograms	22979000000	usd
CY2024Q1	us-gaap	Assets Assets	33528000000	usd
CY2023Q4	us-gaap	Assets Assets	32569000000	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2669000000	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2627000000	usd
CY2024Q1	us-gaap	Debt Current DebtCurrent	405000000	usd
CY2023Q4	us-gaap	Debt Current DebtCurrent	32000000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3074000000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2659000000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5032000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4791000000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2234000000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2117000000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	509000000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	528000000	usd
CY2024Q1	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	10849000000	usd
CY2023Q4	car	Total Liabilities Exclusive Of Liabilities Under Vehicle Programs TotalLiabilitiesExclusiveOfLiabilitiesUnderVehiclePrograms	10095000000	usd
CY2024Q1	car	Debt Debt	3241000000	usd
CY2023Q4	car	Debt Debt	3496000000	usd
CY2024Q1	car	Debt Due To Avis Budget Rental Car Funding Aesop Llc Related Party DebtDueToAvisBudgetRentalCarFundingAesopLlcRelatedParty	15949000000	usd
CY2023Q4	car	Debt Due To Avis Budget Rental Car Funding Aesop Llc Related Party DebtDueToAvisBudgetRentalCarFundingAesopLlcRelatedParty	15441000000	usd
CY2024Q1	car	Deferred Income Taxes DeferredIncomeTaxes	3325000000	usd
CY2023Q4	car	Deferred Income Taxes DeferredIncomeTaxes	3418000000	usd
CY2024Q1	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	672000000	usd
CY2023Q4	car	Other Liabilities Under Vehicle Programs OtherLiabilitiesUnderVehiclePrograms	462000000	usd
CY2024Q1	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	23187000000	usd
CY2023Q4	car	Liabilities Under Vehicle Programs LiabilitiesUnderVehiclePrograms	22817000000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
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CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
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CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
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CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
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CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	137000000	shares
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CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6610000000	usd
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CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-96000000	usd
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	101000000	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	102000000	shares
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	10724000000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	10742000000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	-515000000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-349000000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	7000000	usd
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CY2024Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	61000000	usd
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CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	7000000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	8000000	usd
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CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	46000000	usd
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CY2024Q1	car	Increase Decreasein Operating Lease Liabilities IncreaseDecreaseinOperatingLeaseLiabilities	-299000000	usd
CY2023Q1	car	Increase Decreasein Operating Lease Liabilities IncreaseDecreaseinOperatingLeaseLiabilities	-250000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-14000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-24000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	589000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	819000000	usd
CY2024Q1	car	Property And Equipment Additions PropertyAndEquipmentAdditions	53000000	usd
CY2023Q1	car	Property And Equipment Additions PropertyAndEquipmentAdditions	44000000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	1000000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	usd
CY2024Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	1000000	usd
CY2023Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	3000000	usd
CY2024Q1	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-53000000	usd
CY2023Q1	car	Net Cash Used In Investing Activities Exclusive Of Vehicle Programs NetCashUsedInInvestingActivitiesExclusiveOfVehiclePrograms	-47000000	usd
CY2024Q1	car	Investment In Vehicles InvestmentInVehicles	4081000000	usd
CY2023Q1	car	Investment In Vehicles InvestmentInVehicles	3880000000	usd
CY2024Q1	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	2610000000	usd
CY2023Q1	car	Proceeds Received On Disposition Of Vehicles ProceedsReceivedOnDispositionOfVehicles	2283000000	usd
CY2024Q1	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	254000000	usd
CY2023Q1	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	105000000	usd
CY2024Q1	us-gaap	Proceeds From Collection Of Advance To Affiliate ProceedsFromCollectionOfAdvanceToAffiliate	260000000	usd
CY2023Q1	us-gaap	Proceeds From Collection Of Advance To Affiliate ProceedsFromCollectionOfAdvanceToAffiliate	71000000	usd
CY2024Q1	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	1465000000	usd
CY2023Q1	car	Net Cash Used In Investing Activities Of Vehicle Programs NetCashUsedInInvestingActivitiesOfVehiclePrograms	1631000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1518000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1678000000	usd
CY2024Q1	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	651000000	usd
CY2023Q1	car	Proceeds From Long Term Borrowings ProceedsFromLongTermBorrowings	0	usd
CY2024Q1	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	10000000	usd
CY2023Q1	car	Principal Payments On Long Term Borrowings PrincipalPaymentsOnLongTermBorrowings	7000000	usd
CY2024Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	usd
CY2023Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	2000000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	15000000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	51000000	usd
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CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2000000	usd
CY2024Q1	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	615000000	usd
CY2023Q1	car	Net Cash Provided By Used In Financing Activities Exclusive Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesExclusiveOfVehiclePrograms	-58000000	usd
CY2024Q1	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	6614000000	usd
CY2023Q1	car	Proceeds From Borrowings From Financing Activities Within Vehicle Programs ProceedsFromBorrowingsFromFinancingActivitiesWithinVehiclePrograms	5270000000	usd
CY2024Q1	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	6296000000	usd
CY2023Q1	car	Principal Payments On Borrowings From Financing Activities Within Vehicle Programs PrincipalPaymentsOnBorrowingsFromFinancingActivitiesWithinVehiclePrograms	4359000000	usd
CY2024Q1	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	36000000	usd
CY2023Q1	car	Vehicle Programs Payments Of Financing Costs VehicleProgramsPaymentsOfFinancingCosts	12000000	usd
CY2024Q1	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	282000000	usd
CY2023Q1	car	Net Cash Provided By Used In Financing Activities Of Vehicle Programs NetCashProvidedByUsedInFinancingActivitiesOfVehiclePrograms	899000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	897000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	841000000	usd
CY2024Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-13000000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-45000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-13000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	644000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	642000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	599000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	629000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-343000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-113000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-157000000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	-8000000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-508000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-700000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	312000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-10000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	302000000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	-43000000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-441000000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	522000000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	548000000	usd
CY2024Q1	car	Program Cash ProgramCash	73000000	usd
CY2023Q1	car	Program Cash ProgramCash	80000000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4000000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	599000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	629000000	usd
CY2024Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	95000000	usd
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	93000000	usd
CY2024Q1	us-gaap	Equity Method Investment Other Than Temporary Impairment EquityMethodInvestmentOtherThanTemporaryImpairment	3000000	usd
CY2024Q1	us-gaap	Revenues Revenues	2551000000	usd
CY2023Q1	us-gaap	Revenues Revenues	2557000000	usd
CY2024Q1	us-gaap	Revenues Revenues	2551000000	usd
CY2023Q1	us-gaap	Revenues Revenues	2557000000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	2509000000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	2513000000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	2509000000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	2513000000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	229000000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	205000000	usd
CY2024Q1	us-gaap	Variable Lease Cost VariableLeaseCost	69000000	usd
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	83000000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	298000000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	288000000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2750000000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2654000000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	558000000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	576000000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2234000000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2117000000	usd
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CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	2693000000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P8Y
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P8Y1M6D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0488
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0483
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	266000000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	210000000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	380000000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	154000000	usd
CY2023Q4	us-gaap	Restructuring Reserve RestructuringReserve	4000000	usd
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CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	312000000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35600000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39600000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	800000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35600000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	40400000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.21
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.88
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.21
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.72
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	312000000	usd
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CY2024Q1	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	221000000	usd
CY2023Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	192000000	usd
CY2024Q1	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	246000000	usd
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CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	616000000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	502000000	usd
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CY2024Q1	us-gaap	Goodwill Goodwill	1088000000	usd
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CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8000000	usd
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CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	21000000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	22000000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	21000000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	16000000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	9000000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	7000000	usd
CY2024Q1	car	Rental Vehicles RentalVehicles	24110000000	usd
CY2023Q4	car	Rental Vehicles RentalVehicles	23114000000	usd
CY2024Q1	car	Accumulated Depreciation AccumulatedDepreciation	2647000000	usd
CY2023Q4	car	Accumulated Depreciation AccumulatedDepreciation	2639000000	usd
CY2024Q1	car	Rental Vehicles Net RentalVehiclesNet	21463000000	usd
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CY2024Q1	car	Vehicles Held For Sale VehiclesHeldForSale	521000000	usd
CY2023Q4	car	Vehicles Held For Sale VehiclesHeldForSale	734000000	usd
CY2024Q1	car	Vehicle Net Investment In Lease Receivables VehicleNetInvestmentInLeaseReceivables	36000000	usd
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CY2024Q1	car	Vehicle Depreciation Expense VehicleDepreciationExpense	562000000	usd
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CY2024Q1	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	-35000000	usd
CY2023Q1	car	Gain Loss On Sale Of Vehicles Net And Cost Of Vehicle Disposition GainLossOnSaleOfVehiclesNetAndCostOfVehicleDisposition	-38000000	usd
CY2024Q1	car	Vehicle Lease Charges Income VehicleLeaseChargesIncome	39000000	usd
CY2023Q1	car	Vehicle Lease Charges Income VehicleLeaseChargesIncome	-250000000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	636000000	usd
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CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.204
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CY2024Q1	car	Accrued Advertising And Marketing Costs Current AccruedAdvertisingAndMarketingCostsCurrent	267000000	usd
CY2023Q4	car	Accrued Advertising And Marketing Costs Current AccruedAdvertisingAndMarketingCostsCurrent	276000000	usd
CY2024Q1	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	268000000	usd
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CY2024Q1	us-gaap	Recorded Unconditional Purchase Obligation Due Within One Year RecordedUnconditionalPurchaseObligationDueWithinOneYear	4100000000	usd
CY2023	us-gaap	Longterm Purchase Commitment Period LongtermPurchaseCommitmentPeriod	P12M
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CY2024Q1	car	Public Liability And Property Damage Insurance Liabilities Current PublicLiabilityAndPropertyDamageInsuranceLiabilitiesCurrent	172000000	usd
CY2023Q4	car	Public Liability And Property Damage Insurance Liabilities Current PublicLiabilityAndPropertyDamageInsuranceLiabilitiesCurrent	181000000	usd
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CY2024Q1	us-gaap	Other Long Term Debt OtherLongTermDebt	24000000	usd
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CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	62000000	usd
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CY2024Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	5437000000	usd
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CY2024Q1	us-gaap	Secured Long Term Debt SecuredLongTermDebt	5032000000	usd
CY2023Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	4791000000	usd
CY2024Q1	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	19190000000	usd
CY2023Q4	car	Vehicle Program Outstanding Debt VehicleProgramOutstandingDebt	18937000000	usd
CY2024Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	23050000000	usd
CY2024Q1	us-gaap	Line Of Credit LineOfCredit	19289000000	usd
CY2024Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	3761000000	usd
CY2024Q1	car	Number Of Class Action NumberOfClassAction	2	classaction
CY2024Q1	car	Number Of Class Action Seeking Damages In Connection With Breach Of Contract NumberOfClassActionSeekingDamagesInConnectionWithBreachOfContract	1	classaction
CY2024Q1	us-gaap	Loss Contingency Range Of Possible Loss Portion Not Accrued LossContingencyRangeOfPossibleLossPortionNotAccrued	40000000	usd
CY2023	car	Long Term Purchase Commitment Period Increase Decrease LongTermPurchaseCommitmentPeriodIncreaseDecrease	-2700000000	usd
CY2013Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	8100000000	usd
CY2024Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
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CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	802000000	usd
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CY2024Q1	us-gaap	Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax	-5000000	usd
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CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-52000000	usd
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CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	-2000000	usd
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CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	7000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-7000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax	0	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-10000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-158000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	302000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-40000000	usd
CY2024Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	4000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-9000000	usd
CY2023Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	1000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-10000000	usd
CY2024Q1	car	Vehicle Net Investment In Lease Receivables VehicleNetInvestmentInLeaseReceivables	36000000	usd
CY2023Q4	car	Vehicle Net Investment In Lease Receivables VehicleNetInvestmentInLeaseReceivables	31000000	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7000000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8000000	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	5000000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	6000000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	319000	shares
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	57000000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y9M18D
CY2024Q1	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	26000000	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	70000000	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	54000000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	74000000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	78000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax	9000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax	-23000000	usd
CY2024Q4	car	Earnings Before Income Taxes Depreciation Amortization Threshold Litigation Amount EarningsBeforeIncomeTaxesDepreciationAmortizationThresholdLitigationAmount	5000000	usd
CY2024Q1	us-gaap	Revenues Revenues	2551000000	usd
CY2024Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	12000000	usd
CY2023Q1	us-gaap	Revenues Revenues	2557000000	usd
CY2023Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	535000000	usd
CY2024Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	12000000	usd
CY2023Q1	car	Adjusted Earnings Before Income Depreciation And Amortization AdjustedEarningsBeforeIncomeDepreciationAndAmortization	535000000	usd
CY2024Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	61000000	usd
CY2023Q1	car	Non Vehicle Related Depreciation And Amortization NonVehicleRelatedDepreciationAndAmortization	56000000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	83000000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	73000000	usd
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	3000000	usd
CY2023Q1	us-gaap	Restructuring Charges RestructuringCharges	4000000	usd
CY2024Q1	car	Transaction Related Costs Net TransactionRelatedCostsNet	1000000	usd
CY2023Q1	car	Transaction Related Costs Net TransactionRelatedCostsNet	0	usd
CY2024Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-1000000	usd
CY2023Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	2000000	usd
CY2024Q1	car	Unprecedented Personal Injury And Other Legal Matters Net UnprecedentedPersonalInjuryAndOtherLegalMattersNet	-5000000	usd
CY2023Q1	car	Unprecedented Personal Injury And Other Legal Matters Net UnprecedentedPersonalInjuryAndOtherLegalMattersNet	0	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-142000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	397000000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000723612-24-000032-index-headers.html	Edgar Link	pending
0000723612-24-000032-index.html	Edgar Link	pending
0000723612-24-000032.txt	Edgar Link	pending
0000723612-24-000032-xbrl.zip	Edgar Link	pending
a05-exhibit311xq1f24.htm	Edgar Link	pending
a06-exhibit312xq1f24.htm	Edgar Link	pending
a07-exhibit32xq1f24.htm	Edgar Link	pending
a08-exhibit104.htm	Edgar Link	pending
a09-exhibit105.htm	Edgar Link	pending
a10-exhibit106.htm	Edgar Link	pending
car-20240331.htm	Edgar Link	pending
car-20240331.xsd	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	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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R19.htm	Edgar Link	pending
car-20240331_cal.xml	Edgar Link	unprocessable
car-20240331_def.xml	Edgar Link	unprocessable
car-20240331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
car-20240331_pre.xml	Edgar Link	unprocessable
car-20240331_htm.xml	Edgar Link	completed
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
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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

2024 Q2 Form 10-Q Financial Statement

#000072361224000032 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR AVIS BUDGET GROUP, INC. Stock $car

2024 Q2 Form 10-Q Financial Statement

#000072361224000032 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CAR
AVIS BUDGET GROUP, INC. Stock $car