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Guarantor and Non-Guarantor Consolidating Condensed Financial Statements (Tables) | 6 Months Ended
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Jun. 30, 2018 | Jun. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |  |
Cash Flows reconciliation GNG (2016-18) [Table Text Block] | The following tables provide the impact of adoption of ASU 2016-18 on the Company’s Consolidating Condensed Statements of Cash Flows for the six months ended June 30, 2017.
| Six Months Ended June 30, 2017
| As Previously Reported Non-Guarantor |  | Effect of Change |  | As Adjusted Non-Guarantor |  | As Previously Reported Total |  | Effect of Change |  | As Adjusted Total
Decrease in program cash | $ | 168 |  |  | $ | (168 | ) |  | $ | — |  |  | $ | 168 |  |  | $ | (168 | ) |  | $ | — |
Other, net | (1 | ) |  | 1 |  |  | — |  |  | (1 | ) |  | 1 |  |  | — |
Net cash used in investing activities | (3,303 | ) |  | (167 | ) |  | (3,470 | ) |  | (3,019 | ) |  | (167 | ) |  | (3,186 | )
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash | 27 |  |  | 9 |  |  | 36 |  |  | 27 |  |  | 9 |  |  | 36 |
Net increase in cash and cash equivalents, program and restricted cash | 177 |  |  | (158 | ) |  | 19 |  |  | 286 |  |  | (158 | ) |  | 128 |
Cash and cash equivalents, program and restricted cash, beginning of period | 475 |  |  | 230 |  |  | 705 |  |  | 490 |  |  | 230 |  |  | 720 |
Cash and cash equivalents, program and restricted cash, end of period | $ | 652 |  |  | $ | 72 |  |  | $ | 724 |  |  | $ | 776 |  |  | $ | 72 |  |  | $ | 848 |
Reconciliation of cash and cash equivalents GNG (2016-18) [Table Text Block] | The following table provides a reconciliation of the cash and cash equivalents, program and restricted cash reported within the Consolidating Condensed Balance Sheets to the amounts shown in the Consolidating Condensed Statements of Cash Flows.
| As of June 30,
| 2018 |  | 2017
| Non-Guarantor |  | Total |  | Non-Guarantor |  | Total
Cash and cash equivalents | $ | 475 |  |  | $ | 489 |  |  | $ | 652 |  |  | $ | 776 |
Program cash | 161 |  |  | 161 |  |  | 65 |  |  | 65 |
Restricted cash (a) | 11 |  |  | 11 |  |  | 7 |  |  | 7 |
Total cash and cash equivalents, program and restricted cash | $ | 647 |  |  | $ | 661 |  |  | $ | 724 |  |  | $ | 848 |
_________
(a) | Included within other current assets.
Consolidating Condensed Statements of Comprehensive Income | Three Months Ended June 30, 2018
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 1,395 |  |  | $ | 1,590 |  |  | $ | (657 | ) |  | $ | 2,328 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 1 |  |  | (3 | ) |  | 677 |  |  | 500 |  |  | — |  |  | 1,175 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 605 |  |  | 582 |  |  | (596 | ) |  | 591 |
| Selling, general and administrative | 10 |  |  | 3 |  |  | 176 |  |  | 132 |  |  | — |  |  | 321 |
| Vehicle interest, net | — |  |  | — |  |  | 61 |  |  | 80 |  |  | (61 | ) |  | 80 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 36 |  |  | 30 |  |  | — |  |  | 67 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 39 |  |  | 1 |  |  | 9 |  |  | — |  |  | 49 |
|  | Intercompany interest expense (income) | (3 | ) |  | (31 | ) |  | 5 |  |  | 29 |  |  | — |  |  | — |
| Restructuring and other related charges | — |  |  | — |  |  | 1 |  |  | 3 |  |  | — |  |  | 4 |
| Transaction-related costs, net | — |  |  | 1 |  |  | 1 |  |  | 1 |  |  | — |  |  | 3 |
Total expenses | 8 |  |  | 10 |  |  | 1,563 |  |  | 1,366 |  |  | (657 | ) |  | 2,290 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (8 | ) |  | (10 | ) |  | (168 | ) |  | 224 |  |  | — |  |  | 38 |
Provision for (benefit from) income taxes | (5 | ) |  | (3 | ) |  | 14 |  |  | 6 |  |  | — |  |  | 12 |
Equity in earnings of subsidiaries | 29 |  |  | 36 |  |  | 218 |  |  | — |  |  | (283 | ) |  | — |
Net income | $ | 26 |  |  | $ | 29 |  |  | $ | 36 |  |  | $ | 218 |  |  | $ | (283 | ) |  | $ | 26 |
Comprehensive income (loss) | $ | (24 | ) |  | $ | (21 | ) |  | $ | (16 | ) |  | $ | 165 |  |  | $ | (128 | ) |  | $ | (24 | )
Six Months Ended June 30, 2018
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 2,579 |  |  | $ | 2,949 |  |  | $ | (1,232 | ) |  | $ | 4,296 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 2 |  |  | 1 |  |  | 1,298 |  |  | 966 |  |  | — |  |  | 2,267 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 1,141 |  |  | 1,086 |  |  | (1,121 | ) |  | 1,106 |
| Selling, general and administrative | 28 |  |  | 6 |  |  | 331 |  |  | 252 |  |  | — |  |  | 617 |
| Vehicle interest, net | — |  |  | — |  |  | 113 |  |  | 150 |  |  | (111 | ) |  | 152 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 72 |  |  | 55 |  |  | — |  |  | 128 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 78 |  |  | 2 |  |  | 15 |  |  | — |  |  | 95 |
|  | Intercompany interest expense (income) | (6 | ) |  | (9 | ) |  | 11 |  |  | 4 |  |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 5 |  |  | — |  |  | — |  |  | — |  |  | 5 |
| Restructuring and other related charges | — |  |  | — |  |  | 4 |  |  | 6 |  |  | — |  |  | 10 |
| Transaction-related costs, net | — |  |  | 1 |  |  | 1 |  |  | 5 |  |  | — |  |  | 7 |
Total expenses | 24 |  |  | 83 |  |  | 2,973 |  |  | 2,539 |  |  | (1,232 | ) |  | 4,387 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (24 | ) |  | (83 | ) |  | (394 | ) |  | 410 |  |  | — |  |  | (91 | )
Provision for (benefit from) income taxes | (11 | ) |  | (22 | ) |  | (5 | ) |  | 8 |  |  | — |  |  | (30 | )
Equity in earnings (loss) of subsidiaries | (48 | ) |  | 13 |  |  | 402 |  |  | — |  |  | (367 | ) |  | — |
Net income (loss) | $ | (61 | ) |  | $ | (48 | ) |  | $ | 13 |  |  | $ | 402 |  |  | $ | (367 | ) |  | $ | (61 | )
Comprehensive income (loss) | $ | (103 | ) |  | $ | (90 | ) |  | $ | (37 | ) |  | $ | 349 |  |  | $ | (222 | ) |  | $ | (103 | )
| Three Months Ended June 30, 2017
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 1,371 |  |  | $ | 1,530 |  |  | $ | (663 | ) |  | $ | 2,238 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 1 |  |  | 9 |  |  | 644 |  |  | 454 |  |  | — |  |  | 1,108 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 614 |  |  | 592 |  |  | (609 | ) |  | 597 |
| Selling, general and administrative | 10 |  |  | 2 |  |  | 158 |  |  | 123 |  |  | — |  |  | 293 |
| Vehicle interest, net | — |  |  | — |  |  | 52 |  |  | 75 |  |  | (54 | ) |  | 73 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 40 |  |  | 24 |  |  | — |  |  | 65 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 83 |  |  | — |  |  | (35 | ) |  | — |  |  | 48 |
|  | Intercompany interest expense (income) | (3 | ) |  | 5 |  |  | 5 |  |  | (7 | ) |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 1 |  |  | — |  |  | (1 | ) |  | — |  |  | — |
| Restructuring and other related charges | — |  |  | 2 |  |  | 33 |  |  | 3 |  |  | — |  |  | 38 |
| Transaction-related costs, net | — |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Total expenses | 8 |  |  | 103 |  |  | 1,546 |  |  | 1,233 |  |  | (663 | ) |  | 2,227 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (8 | ) |  | (103 | ) |  | (175 | ) |  | 297 |  |  | — |  |  | 11 |
Provision for (benefit from) income taxes | (2 | ) |  | (39 | ) |  | 11 |  |  | 38 |  |  | — |  |  | 8 |
Equity in earnings of subsidiaries | 9 |  |  | 73 |  |  | 259 |  |  | — |  |  | (341 | ) |  | — |
Net income | $ | 3 |  |  | $ | 9 |  |  | $ | 73 |  |  | $ | 259 |  |  | $ | (341 | ) |  | $ | 3 |
Comprehensive income | $ | 51 |  |  | $ | 58 |  |  | $ | 123 |  |  | $ | 309 |  |  | $ | (490 | ) |  | $ | 51 |
Six Months Ended June 30, 2017
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 2,524 |  |  | $ | 2,801 |  |  | $ | (1,248 | ) |  | $ | 4,077 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 2 |  |  | 13 |  |  | 1,284 |  |  | 858 |  |  | — |  |  | 2,157 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 1,160 |  |  | 1,085 |  |  | (1,144 | ) |  | 1,101 |
| Selling, general and administrative | 20 |  |  | 4 |  |  | 311 |  |  | 220 |  |  | — |  |  | 555 |
| Vehicle interest, net | — |  |  | — |  |  | 97 |  |  | 144 |  |  | (104 | ) |  | 137 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 80 |  |  | 47 |  |  | — |  |  | 128 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 129 |  |  | 1 |  |  | (33 | ) |  | — |  |  | 97 |
|  | Intercompany interest expense (income) | (6 | ) |  | 6 |  |  | 11 |  |  | (11 | ) |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 4 |  |  | — |  |  | (1 | ) |  | — |  |  | 3 |
| Restructuring and other related charges | — |  |  | 2 |  |  | 39 |  |  | 4 |  |  | — |  |  | 45 |
| Transaction-related costs, net | — |  |  | — |  |  | — |  |  | 8 |  |  | — |  |  | 8 |
Total expenses | 16 |  |  | 159 |  |  | 2,983 |  |  | 2,321 |  |  | (1,248 | ) |  | 4,231 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (16 | ) |  | (159 | ) |  | (459 | ) |  | 480 |  |  | — |  |  | (154 | )
Provision for (benefit from) income taxes | (4 | ) |  | (62 | ) |  | (28 | ) |  | 44 |  |  | — |  |  | (50 | )
Equity in earnings (loss) of subsidiaries | (92 | ) |  | 5 |  |  | 436 |  |  | — |  |  | (349 | ) |  | — |
Net income (loss) | $ | (104 | ) |  | $ | (92 | ) |  | $ | 5 |  |  | $ | 436 |  |  | $ | (349 | ) |  | $ | (104 | )
Comprehensive income (loss) | $ | (28 | ) |  | $ | (16 | ) |  | $ | 82 |  |  | $ | 512 |  |  | $ | (578 | ) |  | $ | (28 | )
Schedule Of Condensed Consolidating Balance Sheet Table | As of June 30, 2018
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | 3 |  |  | $ | 11 |  |  | $ | — |  |  | $ | 475 |  |  | $ | — |  |  | $ | 489 |
| Receivables, net | — |  |  | — |  |  | 248 |  |  | 654 |  |  | — |  |  | 902 |
| Other current assets | 2 |  |  | 114 |  |  | 119 |  |  | 597 |  |  | — |  |  | 832 |
Total current assets | 5 |  |  | 125 |  |  | 367 |  |  | 1,726 |  |  | — |  |  | 2,223 |
Property and equipment, net | — |  |  | 183 |  |  | 317 |  |  | 215 |  |  | — |  |  | 715 |
Deferred income taxes | 13 |  |  | 887 |  |  | 169 |  |  | 51 |  |  | — |  |  | 1,120 |
Goodwill | — |  |  | — |  |  | 471 |  |  | 578 |  |  | — |  |  | 1,049 |
Other intangibles, net | — |  |  | 26 |  |  | 477 |  |  | 340 |  |  | — |  |  | 843 |
Other non-current assets | 46 |  |  | 39 |  |  | 16 |  |  | 142 |  |  | — |  |  | 243 |
Intercompany receivables | 191 |  |  | 393 |  |  | 1,747 |  |  | 924 |  |  | (3,255 | ) |  | — |
Investment in subsidiaries | 169 |  |  | 4,595 |  |  | 3,900 |  |  | — |  |  | (8,664 | ) |  | — |
Total assets exclusive of assets under vehicle programs | 424 |  |  | 6,248 |  |  | 7,464 |  |  | 3,976 |  |  | (11,919 | ) |  | 6,193 |
Assets under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Program cash | — |  |  | — |  |  | — |  |  | 161 |  |  | — |  |  | 161 |
| Vehicles, net | — |  |  | 43 |  |  | 57 |  |  | 13,767 |  |  | — |  |  | 13,867 |
| Receivables from vehicle manufacturers and other | — |  |  | 3 |  |  | — |  |  | 250 |  |  | — |  |  | 253 |
| Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 445 |  |  | — |  |  | 445 |
|  |  | — |  |  | 46 |  |  | 57 |  |  | 14,623 |  |  | — |  |  | 14,726 |
Total assets | $ | 424 |  |  | $ | 6,294 |  |  | $ | 7,521 |  |  | $ | 18,599 |  |  | $ | (11,919 | ) |  | $ | 20,919 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |
| Accounts payable and other current liabilities | $ | 13 |  |  | $ | 251 |  |  | $ | 664 |  |  | $ | 904 |  |  | $ | — |  |  | $ | 1,832 |
| Short-term debt and current portion of long-term debt | — |  |  | 17 |  |  | 2 |  |  | 5 |  |  | — |  |  | 24 |
Total current liabilities | 13 |  |  | 268 |  |  | 666 |  |  | 909 |  |  | — |  |  | 1,856 |
Long-term debt | — |  |  | 2,900 |  |  | 3 |  |  | 641 |  |  | — |  |  | 3,544 |
Other non-current liabilities | 39 |  |  | 81 |  |  | 259 |  |  | 366 |  |  | — |  |  | 745 |
Intercompany payables | — |  |  | 2,860 |  |  | 393 |  |  | 2 |  |  | (3,255 | ) |  | — |
Total liabilities exclusive of liabilities under vehicle programs | 52 |  |  | 6,109 |  |  | 1,321 |  |  | 1,918 |  |  | (3,255 | ) |  | 6,145 |
Liabilities under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Debt | — |  |  | 16 |  |  | 52 |  |  | 3,443 |  |  | — |  |  | 3,511 |
| Due to Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 8,265 |  |  | — |  |  | 8,265 |
Deferred income taxes | — |  |  | — |  |  | 1,553 |  |  | 174 |  |  | — |  |  | 1,727 |
Other | — |  |  | — |  |  | — |  |  | 899 |  |  | — |  |  | 899 |
|  |  | — |  |  | 16 |  |  | 1,605 |  |  | 12,781 |  |  | — |  |  | 14,402 |
Total stockholders’ equity | 372 |  |  | 169 |  |  | 4,595 |  |  | 3,900 |  |  | (8,664 | ) |  | 372 |
Total liabilities and stockholders’ equity | $ | 424 |  |  | $ | 6,294 |  |  | $ | 7,521 |  |  | $ | 18,599 |  |  | $ | (11,919 | ) |  | $ | 20,919 |
As of December 31, 2017
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | 4 |  |  | $ | 14 |  |  | $ | — |  |  | $ | 593 |  |  | $ | — |  |  | $ | 611 |
| Receivables, net | — |  |  | — |  |  | 255 |  |  | 667 |  |  | — |  |  | 922 |
| Other current assets | 4 |  |  | 89 |  |  | 101 |  |  | 339 |  |  | — |  |  | 533 |
Total current assets | 8 |  |  | 103 |  |  | 356 |  |  | 1,599 |  |  | — |  |  | 2,066 |
Property and equipment, net | — |  |  | 167 |  |  | 321 |  |  | 216 |  |  | — |  |  | 704 |
Deferred income taxes | 14 |  |  | 704 |  |  | 154 |  |  | 59 |  |  | — |  |  | 931 |
Goodwill | — |  |  | — |  |  | 471 |  |  | 602 |  |  | — |  |  | 1,073 |
Other intangibles, net | — |  |  | 27 |  |  | 480 |  |  | 343 |  |  | — |  |  | 850 |
Other non-current assets | 46 |  |  | 29 |  |  | 16 |  |  | 105 |  |  | — |  |  | 196 |
Intercompany receivables | 187 |  |  | 382 |  |  | 1,506 |  |  | 824 |  |  | (2,899 | ) |  | — |
Investment in subsidiaries | 381 |  |  | 4,681 |  |  | 3,938 |  |  | — |  |  | (9,000 | ) |  | — |
Total assets exclusive of assets under vehicle programs | 636 |  |  | 6,093 |  |  | 7,242 |  |  | 3,748 |  |  | (11,899 | ) |  | 5,820 |
Assets under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Program cash | — |  |  | — |  |  | — |  |  | 283 |  |  | — |  |  | 283 |
| Vehicles, net | — |  |  | 34 |  |  | 61 |  |  | 10,531 |  |  | — |  |  | 10,626 |
| Receivables from vehicle manufacturers and other | — |  |  | 1 |  |  | — |  |  | 546 |  |  | — |  |  | 547 |
| Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 423 |  |  | — |  |  | 423 |
|  |  | — |  |  | 35 |  |  | 61 |  |  | 11,783 |  |  | — |  |  | 11,879 |
Total assets | $ | 636 |  |  | $ | 6,128 |  |  | $ | 7,303 |  |  | $ | 15,531 |  |  | $ | (11,899 | ) |  | $ | 17,699 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |
| Accounts payable and other current liabilities | $ | 23 |  |  | $ | 207 |  |  | $ | 552 |  |  | $ | 837 |  |  | $ | — |  |  | $ | 1,619 |
| Short-term debt and current portion of long-term debt | — |  |  | 17 |  |  | 3 |  |  | 6 |  |  | — |  |  | 26 |
Total current liabilities | 23 |  |  | 224 |  |  | 555 |  |  | 843 |  |  | — |  |  | 1,645 |
Long-term debt | — |  |  | 2,910 |  |  | 3 |  |  | 660 |  |  | — |  |  | 3,573 |
Other non-current liabilities | 40 |  |  | 83 |  |  | 216 |  |  | 378 |  |  | — |  |  | 717 |
Intercompany payables | — |  |  | 2,515 |  |  | 382 |  |  | 2 |  |  | (2,899 | ) |  | — |
Total liabilities exclusive of liabilities under vehicle programs | 63 |  |  | 5,732 |  |  | 1,156 |  |  | 1,883 |  |  | (2,899 | ) |  | 5,935 |
Liabilities under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Debt | — |  |  | 15 |  |  | 57 |  |  | 2,669 |  |  | — |  |  | 2,741 |
| Due to Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 6,480 |  |  | — |  |  | 6,480 |
| Deferred income taxes | — |  |  | — |  |  | 1,407 |  |  | 187 |  |  | — |  |  | 1,594 |
| Other | — |  |  | — |  |  | 2 |  |  | 374 |  |  | — |  |  | 376 |
|  |  | — |  |  | 15 |  |  | 1,466 |  |  | 9,710 |  |  | — |  |  | 11,191 |
Total stockholders’ equity | 573 |  |  | 381 |  |  | 4,681 |  |  | 3,938 |  |  | (9,000 | ) |  | 573 |
Total liabilities and stockholders’ equity | $ | 636 |  |  | $ | 6,128 |  |  | $ | 7,303 |  |  | $ | 15,531 |  |  | $ | (11,899 | ) |  | $ | 17,699 |
Consolidating Condensed Statements Of Cash Flows | Six Months Ended June 30, 2018
| Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net cash provided by (used in) operating activities | $ | 75 |  |  | $ | 107 |  |  | $ | 66 |  |  | $ | 968 |  |  | $ | (95 | ) |  | $ | 1,121 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Property and equipment additions | — |  |  | (33 | ) |  | (43 | ) |  | (39 | ) |  | — |  |  | (115 | )
Proceeds received on asset sales | — |  |  | 2 |  |  | — |  |  | 4 |  |  | — |  |  | 6 |
Net assets acquired (net of cash acquired) | — |  |  | (3 | ) |  | (4 | ) |  | (21 | ) |  | — |  |  | (28 | )
Other, net | — |  |  | — |  |  | — |  |  | (37 | ) |  | — |  |  | (37 | )
Net cash provided by (used in) investing activities exclusive of vehicle programs | — |  |  | (34 | ) |  | (47 | ) |  | (93 | ) |  | — |  |  | (174 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Investment in vehicles | — |  |  | (1 | ) |  | (1 | ) |  | (8,357 | ) |  | — |  |  | (8,359 | )
Proceeds received on disposition of vehicles | — |  |  | 17 |  |  | — |  |  | 4,790 |  |  | — |  |  | 4,807 |
Investment in debt securities of Avis Budget Rental Car Funding (AESOP) LLC—related party | — |  |  | — |  |  | — |  |  | (22 | ) |  | — |  |  | (22 | )
| — |  |  | 16 |  |  | (1 | ) |  | (3,589 | ) |  | — |  |  | (3,574 | )
Net cash provided by (used in) investing activities | — |  |  | (18 | ) |  | (48 | ) |  | (3,682 | ) |  | — |  |  | (3,748 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings | — |  |  | 81 |  |  | — |  |  | — |  |  | — |  |  | 81 |
Payments on long-term borrowings | — |  |  | (92 | ) |  | (1 | ) |  | (1 | ) |  | — |  |  | (94 | )
Net change in short-term borrowings | — |  |  | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
Repurchases of common stock | (78 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (78 | )
Debt financing fees | — |  |  | (9 | ) |  | — |  |  | — |  |  | — |  |  | (9 | )
Other, net | 2 |  |  | (71 | ) |  | (12 | ) |  | (12 | ) |  | 95 |  |  | 2 |
Net cash provided by (used in) financing activities exclusive of vehicle programs | (76 | ) |  | (91 | ) |  | (13 | ) |  | (15 | ) |  | 95 |  |  | (100 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | — |  |  | 10,145 |  |  | — |  |  | 10,145 |
Payments on borrowings | — |  |  | (1 | ) |  | (5 | ) |  | (7,637 | ) |  | — |  |  | (7,643 | )
Debt financing fees | — |  |  | — |  |  | — |  |  | (13 | ) |  | — |  |  | (13 | )
| — |  |  | (1 | ) |  | (5 | ) |  | 2,495 |  |  | — |  |  | 2,489 |
Net cash provided by (used in) financing activities | (76 | ) |  | (92 | ) |  | (18 | ) |  | 2,480 |  |  | 95 |  |  | 2,389 |
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash | — |  |  | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
Net decrease in cash and cash equivalents, program and restricted cash | (1 | ) |  | (3 | ) |  | — |  |  | (236 | ) |  | — |  |  | (240 | )
Cash and cash equivalents, program and restricted cash, beginning of period | 4 |  |  | 14 |  |  | — |  |  | 883 |  |  | — |  |  | 901 |
Cash and cash equivalents, program and restricted cash, end of period | $ | 3 |  |  | $ | 11 |  |  | $ | — |  |  | $ | 647 |  |  | $ | — |  |  | $ | 661 |
Six Months Ended June 30, 2017
| Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net cash provided by (used in) operating activities | $ | 9 |  |  | $ | (41 | ) |  | $ | 47 |  |  | $ | 1,124 |  |  | $ | — |  |  | $ | 1,139 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Property and equipment additions | — |  |  | (22 | ) |  | (34 | ) |  | (30 | ) |  | — |  |  | (86 | )
Proceeds received on asset sales | — |  |  | 1 |  |  | — |  |  | 3 |  |  | — |  |  | 4 |
Net assets acquired (net of cash acquired) | — |  |  | — |  |  | (4 | ) |  | (10 | ) |  | — |  |  | (14 | )
Intercompany loan receipts (advances) | — |  |  | — |  |  | (1 | ) |  | (313 | ) |  | 314 |  |  | — |
Other, net | 100 |  |  | — |  |  | — |  |  | — |  |  | (100 | ) |  | — |
Net cash provided by (used in) investing activities exclusive of vehicle programs | 100 |  |  | (21 | ) |  | (39 | ) |  | (350 | ) |  | 214 |  |  | (96 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Investment in vehicles | — |  |  | 1 |  |  | (2 | ) |  | (8,115 | ) |  | — |  |  | (8,116 | )
Proceeds received on disposition of vehicles | — |  |  | 31 |  |  | — |  |  | 5,028 |  |  | — |  |  | 5,059 |
Investment in debt securities of Avis Budget Rental Car Funding (AESOP) LLC—related party | — |  |  | — |  |  | — |  |  | (33 | ) |  | — |  |  | (33 | )
| — |  |  | 32 |  |  | (2 | ) |  | (3,120 | ) |  | — |  |  | (3,090 | )
Net cash provided by (used in) investing activities | 100 |  |  | 11 |  |  | (41 | ) |  | (3,470 | ) |  | 214 |  |  | (3,186 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings | — |  |  | 325 |  |  | — |  |  | 264 |  |  | — |  |  | 589 |
Payments on long-term borrowings | — |  |  | (396 | ) |  | (1 | ) |  | (194 | ) |  | — |  |  | (591 | )
Net change in short-term borrowings | — |  |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Intercompany loan borrowings (payments) | — |  |  | 313 |  |  | — |  |  | 1 |  |  | (314 | ) |  | — |
Repurchases of common stock | (109 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (109 | )
Debt financing fees | — |  |  | (3 | ) |  | — |  |  | (5 | ) |  | — |  |  | (8 | )
Other, net | — |  |  | (100 | ) |  | — |  |  | — |  |  | 100 |  |  | — |
Net cash provided by (used in) financing activities exclusive of vehicle programs | (109 | ) |  | 139 |  |  | (1 | ) |  | 65 |  |  | (214 | ) |  | (120 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | — |  |  | 11,255 |  |  | — |  |  | 11,255 |
Payments on borrowings | — |  |  | — |  |  | (5 | ) |  | (8,983 | ) |  | — |  |  | (8,988 | )
Debt financing fees | — |  |  | — |  |  | — |  |  | (8 | ) |  | — |  |  | (8 | )
| — |  |  | — |  |  | (5 | ) |  | 2,264 |  |  | — |  |  | 2,259 |
Net cash provided by (used in) financing activities | (109 | ) |  | 139 |  |  | (6 | ) |  | 2,329 |  |  | (214 | ) |  | 2,139 |
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash | — |  |  | — |  |  | — |  |  | 36 |  |  | — |  |  | 36 |
Net increase in cash and cash equivalents, program and restricted cash | — |  |  | 109 |  |  | — |  |  | 19 |  |  | — |  |  | 128 |
Cash and cash equivalents, program and restricted cash, beginning of period | 3 |  |  | 12 |  |  | — |  |  | 705 |  |  | — |  |  | 720 |
Cash and cash equivalents, program and restricted cash, end of period | $ | 3 |  |  | $ | 121 |  |  | $ | — |  |  | $ | 724 |  |  | $ | — |  |  | $ | 848 |

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