v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Stockholders’ Equity Attributable to Avis Budget Group, Inc.
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2023     137.1          
Beginning balance at Dec. 31, 2023 $ (343) $ (349) $ 1 $ 6,634 $ 3,854 $ (96) $ (10,742) $ 6
Treasury stock, beginning balance (in shares) at Dec. 31, 2023             (101.6)  
Comprehensive income (loss):                
Net income (loss) (98) (100)     (100)     2
Other comprehensive income (loss) (39) (39)       (39)    
Total comprehensive income (loss) (137) (139)     (100) (39)   2
Net activity related to restricted stock units (in shares)             0.2  
Net activity related to restricted stock units (2) (2)   (18) (3)   $ 19  
Ending balance (in shares) at Jun. 30, 2024     137.1          
Ending balance at Jun. 30, 2024 (482) (490) $ 1 6,616 3,751 (135) $ (10,723) 8
Treasury stock, ending balance (in shares) at Jun. 30, 2024             (101.4)  
Beginning balance (in shares) at Mar. 31, 2024     137.1          
Beginning balance at Mar. 31, 2024 (508) (515) $ 1 6,610 3,738 (140) $ (10,724) 7
Treasury stock, beginning balance (in shares) at Mar. 31, 2024             (101.4)  
Comprehensive income (loss):                
Net income (loss) 15 14     14     1
Other comprehensive income (loss) 5 5       5    
Total comprehensive income (loss) 20 19     14 5   1
Net activity related to restricted stock units 6 6   6 (1)   $ 1  
Ending balance (in shares) at Jun. 30, 2024     137.1          
Ending balance at Jun. 30, 2024 (482) (490) $ 1 6,616 3,751 (135) $ (10,723) 8
Treasury stock, ending balance (in shares) at Jun. 30, 2024             (101.4)  
Beginning balance (in shares) at Dec. 31, 2024     137.1          
Beginning balance at Dec. 31, 2024 $ (2,317) (2,327) $ 1 6,620 2,029 (210) $ (10,767) 10
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 (102.0)           (102.0)  
Comprehensive income (loss):                
Net income (loss) $ (499) (501)     (501)     2
Other comprehensive income (loss) 75 75       75    
Total comprehensive income (loss) (424) (426)     (501) 75   2
Net activity related to restricted stock units (in shares)             0.1  
Net activity related to restricted stock units 8 8   (2)     $ 10  
Ending balance (in shares) at Jun. 30, 2025     137.1          
Ending balance at Jun. 30, 2025 $ (2,733) (2,745) $ 1 6,618 1,528 (135) $ (10,757) 12
Treasury stock, ending balance (in shares) at Jun. 30, 2025 (102.0)           (101.9)  
Beginning balance (in shares) at Mar. 31, 2025     137.1          
Beginning balance at Mar. 31, 2025 $ (2,811) (2,822) $ 1 6,612 1,524 (202) $ (10,757) 11
Treasury stock, beginning balance (in shares) at Mar. 31, 2025             (101.9)  
Comprehensive income (loss):                
Net income (loss) 5 4     4     1
Other comprehensive income (loss) 67 67       67    
Total comprehensive income (loss) 72 71     4 67   1
Net activity related to restricted stock units 6 6   6        
Ending balance (in shares) at Jun. 30, 2025     137.1          
Ending balance at Jun. 30, 2025 $ (2,733) $ (2,745) $ 1 $ 6,618 $ 1,528 $ (135) $ (10,757) $ 12
Treasury stock, ending balance (in shares) at Jun. 30, 2025 (102.0)           (101.9)