CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 550	$ 534
Receivables, net	779	775
Other current assets	439	538
Total current assets	1,768	1,847
Property and equipment, net	531	537
Operating lease right-of-use assets	2,417	2,368
Deferred income taxes	1,540	1,615
Goodwill	1,096	1,108
Other intangibles, net	706	724
Other non-current assets	379	382
Total assets exclusive of assets under vehicle programs	8,437	8,581
Assets under vehicle programs:
Program cash	85	89
Vehicles, net	13,987	12,866
Receivables from vehicle manufacturers and other	182	222
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party	882	842
Total assets under vehicle programs	15,136	14,019
Total Assets	23,573	22,600
Current liabilities:
Accounts payable and other current liabilities	2,675	2,389
Short-term debt and current portion of long-term debt	27	19
Total current liabilities	2,702	2,408
Long-term debt	4,678	3,990
Long-term operating lease liabilities	1,918	1,910
Other non-current liabilities	585	625
Total liabilities exclusive of liabilities under vehicle programs	9,883	8,933
Liabilities under vehicle programs:
Debt	2,356	2,542
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party	9,743	8,848
Deferred income taxes	2,323	2,242
Other	251	244
Total liabilities under vehicle programs	14,673	13,876
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred stock, $0.01 par value—authorized 10 shares; none issued and outstanding, respectively	0	0
Common stock, $0.01 par value—authorized 250 shares; issued 137 shares, respectively	1	1
Additional paid-in capital	6,646	6,676
Retained earnings (accumulated deficit)	344	(185)
Accumulated other comprehensive loss	(94)	(133)
Treasury stock, at cost— 87 and 81 shares, respectively	(7,889)	(6,579)
Stockholders’ equity attributable to Avis Budget Group, Inc.	(992)	(220)
Non-controlling interests	9	11
Total stockholders’ equity	(983)	(209)
Total Liabilities and Stockholders’ Equity	$ 23,573	$ 22,600