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Debt Under Vehicle Programs and Borrowing Arrangements (Tables) | 9 Months Ended
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Sep. 30, 2016
Debt Disclosure [Abstract] |
Schedule Of Debt Under Vehicle Programs | Debt under vehicle programs, including related party debt due to Avis Budget Rental Car Funding (AESOP) LLC (“Avis Budget Rental Car Funding”), consisted of:
| As of |  | As of
| September 30, |  | December 31,
| 2016 |  | 2015
Americas - Debt due to Avis Budget Rental Car Funding (a) | $ | 7,171 |  |  | $ | 6,837 |
Americas - Debt borrowings (a) | 747 |  |  | 643 |
International - Debt borrowings (a) | 2,065 |  |  | 1,187 |
International - Capital leases | 168 |  |  | 238 |
Other | 1 |  |  | 8 |
Deferred financing fees (b) | (52 | ) |  | (53 | )
Total | $ | 10,100 |  |  | $ | 8,860 |
__________
(a) | The increase reflects additional borrowings principally to fund increases in the Company’s car rental fleet.
(b) | Deferred financing fees related to Debt due to Avis Budget Rental Car Funding as of September 30, 2016 and December 31, 2015 were $37 million and $41 million, respectively.
Schedule Of Contractual Maturities | The following table provides the contractual maturities of the Company’s debt under vehicle programs, including related party debt due to Avis Budget Rental Car Funding, at September 30, 2016.
| Debt under Vehicle Programs
Within 1 year (a) | $ | 1,365 |
Between 1 and 2 years | 2,526 |
Between 2 and 3 years | 3,166 |
Between 3 and 4 years | 1,666 |
Between 4 and 5 years | 1,058 |
Thereafter | 371 |
Total | $ | 10,152 |
__________
(a) | Vehicle backed debt maturing within one year primarily represents term asset-backed securities.
Schedule Of Available Funding Under The Vehicle Programs | As of September 30, 2016, available funding under the Company’s vehicle programs, including related party debt due to Avis Budget Rental Car Funding, consisted of:
| Total Capacity (a) |  | Outstanding Borrowings |  | Available Capacity
Americas - Debt due to Avis Budget Rental Car Funding (b) | $ | 9,556 |  |  | $ | 7,171 |  |  | $ | 2,385 |
Americas - Debt borrowings (c) | 962 |  |  | 747 |  |  | 215 |
International - Debt borrowings (d) | 2,671 |  |  | 2,065 |  |  | 606 |
International - Capital leases (e) | 208 |  |  | 168 |  |  | 40 |
Other | 1 |  |  | 1 |  |  | — |
Total | $ | 13,398 |  |  | $ | 10,152 |  |  | $ | 3,246 |
__________
(a) | Capacity is subject to maintaining sufficient assets to collateralize debt.
(b) | The outstanding debt is collateralized by approximately $8.7 billion of underlying vehicles and related assets.
(c) | The outstanding debt is collateralized by approximately $1.1 billion of underlying vehicles and related assets.
(d) | The outstanding debt is collateralized by approximately $2.4 billion of underlying vehicles and related assets.
(e) | The outstanding debt is collateralized by approximately $0.2 billion of underlying vehicles and related assets.

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- Definition Tabular disclosure of information and detail of the capacity, outstanding balances and available funding under the vehicle programs (including related party debt due to Avis Budget Rental Funding). + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities for all borrowings for the vehicle program for each of the five years following the date of the latest balance sheet date presented. + References No definition available. + Details
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- Definition Tabular disclosure of information pertaining to debt instruments under the vehicle program including amounts borrowed and other information necessary to a fair presentation. + References No definition available. + Details
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