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Guarantor and Non-Guarantor Consolidating Condensed Financial Statements (Tables) | 9 Months Ended
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Sep. 30, 2018
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 nine months ended September 30, 2017.
| Nine Months Ended September 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 | $ | 53 |  |  | $ | (53 | ) |  | $ | — |  |  | $ | 53 |  |  | $ | (53 | ) |  | $ | — |
Other, net | 5 |  |  | 1 |  |  | 6 |  |  | 5 |  |  | 1 |  |  | 6 |
Net cash used in investing activities | (3,130 | ) |  | (52 | ) |  | (3,182 | ) |  | (2,924 | ) |  | (52 | ) |  | (2,976 | )
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash | 32 |  |  | 9 |  |  | 41 |  |  | 32 |  |  | 9 |  |  | 41 |
Net increase in cash and cash equivalents, program and restricted cash | 319 |  |  | (43 | ) |  | 276 |  |  | 324 |  |  | (43 | ) |  | 281 |
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 | $ | 794 |  |  | $ | 187 |  |  | $ | 981 |  |  | $ | 814 |  |  | $ | 187 |  |  | $ | 1,001 |
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 September 30,
| 2018 |  | 2017
| Non-Guarantor |  | Total |  | Non-Guarantor |  | Total
Cash and cash equivalents | $ | 529 |  |  | $ | 605 |  |  | $ | 794 |  |  | $ | 814 |
Program cash | 151 |  |  | 151 |  |  | 180 |  |  | 180 |
Restricted cash (a) | 12 |  |  | 12 |  |  | 7 |  |  | 7 |
Total cash and cash equivalents, program and restricted cash | $ | 692 |  |  | $ | 768 |  |  | $ | 981 |  |  | $ | 1,001 |
_________
(a) | Included within other current assets.
Consolidating Condensed Statements of Comprehensive Income | Three Months Ended September 30, 2017
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 1,569 |  |  | $ | 1,794 |  |  | $ | (611 | ) |  | $ | 2,752 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | — |  |  | 5 |  |  | 710 |  |  | 541 |  |  | — |  |  | 1,256 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 568 |  |  | 605 |  |  | (557 | ) |  | 616 |
| Selling, general and administrative | 9 |  |  | 2 |  |  | 174 |  |  | 135 |  |  | — |  |  | 320 |
| Vehicle interest, net | — |  |  | — |  |  | 53 |  |  | 79 |  |  | (54 | ) |  | 78 |
| Non-vehicle related depreciation and amortization | — |  |  | — |  |  | 41 |  |  | 25 |  |  | — |  |  | 66 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 38 |  |  | 2 |  |  | 5 |  |  | — |  |  | 45 |
|  | Intercompany interest expense (income) | (3 | ) |  | 25 |  |  | 6 |  |  | (28 | ) |  | — |  |  | — |
| Restructuring and other related charges | — |  |  | 5 |  |  | (2 | ) |  | 4 |  |  | — |  |  | 7 |
Total expenses | 6 |  |  | 75 |  |  | 1,552 |  |  | 1,366 |  |  | (611 | ) |  | 2,388 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (6 | ) |  | (75 | ) |  | 17 |  |  | 428 |  |  | — |  |  | 364 |
Provision for (benefit from) income taxes | (6 | ) |  | (30 | ) |  | 87 |  |  | 68 |  |  | — |  |  | 119 |
Equity in earnings of subsidiaries | 245 |  |  | 290 |  |  | 360 |  |  | — |  |  | (895 | ) |  | — |
Net income | $ | 245 |  |  | $ | 245 |  |  | $ | 290 |  |  | $ | 360 |  |  | $ | (895 | ) |  | $ | 245 |
Comprehensive income | $ | 279 |  |  | $ | 278 |  |  | $ | 323 |  |  | $ | 392 |  |  | $ | (993 | ) |  | $ | 279 |
Nine Months Ended September 30, 2017
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 4,093 |  |  | $ | 4,595 |  |  | $ | (1,859 | ) |  | $ | 6,829 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 2 |  |  | 18 |  |  | 1,994 |  |  | 1,399 |  |  | — |  |  | 3,413 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 1,728 |  |  | 1,690 |  |  | (1,701 | ) |  | 1,717 |
| Selling, general and administrative | 29 |  |  | 6 |  |  | 485 |  |  | 355 |  |  | — |  |  | 875 |
| Vehicle interest, net | — |  |  | — |  |  | 150 |  |  | 223 |  |  | (158 | ) |  | 215 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 121 |  |  | 72 |  |  | — |  |  | 194 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 118 |  |  | 3 |  |  | 21 |  |  | — |  |  | 142 |
|  | Intercompany interest expense (income) | (9 | ) |  | 80 |  |  | 17 |  |  | (88 | ) |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 4 |  |  | — |  |  | (1 | ) |  | — |  |  | 3 |
| Restructuring and other related charges | — |  |  | 7 |  |  | 37 |  |  | 8 |  |  | — |  |  | 52 |
| Transaction-related costs, net | — |  |  | — |  |  | — |  |  | 8 |  |  | — |  |  | 8 |
Total expenses | 22 |  |  | 234 |  |  | 4,535 |  |  | 3,687 |  |  | (1,859 | ) |  | 6,619 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (22 | ) |  | (234 | ) |  | (442 | ) |  | 908 |  |  | — |  |  | 210 |
Provision for (benefit from) income taxes | (10 | ) |  | (92 | ) |  | 59 |  |  | 112 |  |  | — |  |  | 69 |
Equity in earnings of subsidiaries | 153 |  |  | 295 |  |  | 796 |  |  | — |  |  | (1,244 | ) |  | — |
Net income | $ | 141 |  |  | $ | 153 |  |  | $ | 295 |  |  | $ | 796 |  |  | $ | (1,244 | ) |  | $ | 141 |
Comprehensive income | $ | 251 |  |  | $ | 262 |  |  | $ | 405 |  |  | $ | 904 |  |  | $ | (1,571 | ) |  | $ | 251 |
Three Months Ended September 30, 2018
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 1,592 |  |  | $ | 1,746 |  |  | $ | (560 | ) |  | $ | 2,778 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | — |  |  | 3 |  |  | 737 |  |  | 554 |  |  | — |  |  | 1,294 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 540 |  |  | 551 |  |  | (504 | ) |  | 587 |
| Selling, general and administrative | 10 |  |  | 3 |  |  | 182 |  |  | 141 |  |  | — |  |  | 336 |
| Vehicle interest, net | — |  |  | — |  |  | 59 |  |  | 82 |  |  | (56 | ) |  | 85 |
| Non-vehicle related depreciation and amortization | — |  |  | — |  |  | 36 |  |  | 26 |  |  | — |  |  | 62 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 37 |  |  | — |  |  | 7 |  |  | — |  |  | 44 |
|  | Intercompany interest expense (income) | (3 | ) |  | 1 |  |  | 9 |  |  | (7 | ) |  | — |  |  | — |
| Transaction-related costs, net | — |  |  | — |  |  | 2 |  |  | 9 |  |  | — |  |  | 11 |
| Restructuring and other related charges | — |  |  | — |  |  | 2 |  |  | 2 |  |  | — |  |  | 4 |
Total expenses | 7 |  |  | 44 |  |  | 1,567 |  |  | 1,365 |  |  | (560 | ) |  | 2,423 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (7 | ) |  | (44 | ) |  | 25 |  |  | 381 |  |  | — |  |  | 355 |
Provision for (benefit from) income taxes | (2 | ) |  | (12 | ) |  | 119 |  |  | 37 |  |  | — |  |  | 142 |
Equity in earnings of subsidiaries | 218 |  |  | 250 |  |  | 344 |  |  | — |  |  | (812 | ) |  | — |
Net income | $ | 213 |  |  | $ | 218 |  |  | $ | 250 |  |  | $ | 344 |  |  | $ | (812 | ) |  | $ | 213 |
Comprehensive income | $ | 207 |  |  | $ | 212 |  |  | $ | 244 |  |  | $ | 338 |  |  | $ | (794 | ) |  | $ | 207 |
Nine Months Ended September 30, 2018
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Revenues | $ | — |  |  | $ | — |  |  | $ | 4,171 |  |  | $ | 4,695 |  |  | $ | (1,792 | ) |  | $ | 7,074 |
Expenses |  |  |  |  |  |  |  |  |  |  |
| Operating | 2 |  |  | 4 |  |  | 2,035 |  |  | 1,520 |  |  | — |  |  | 3,561 |
| Vehicle depreciation and lease charges, net | — |  |  | — |  |  | 1,681 |  |  | 1,637 |  |  | (1,625 | ) |  | 1,693 |
| Selling, general and administrative | 38 |  |  | 9 |  |  | 513 |  |  | 393 |  |  | — |  |  | 953 |
| Vehicle interest, net | — |  |  | — |  |  | 172 |  |  | 232 |  |  | (167 | ) |  | 237 |
| Non-vehicle related depreciation and amortization | — |  |  | 1 |  |  | 108 |  |  | 81 |  |  | — |  |  | 190 |
| Interest expense related to corporate debt, net: |  |  |  |  |  |  |  |  |  |  |
|  | Interest expense | — |  |  | 115 |  |  | 2 |  |  | 22 |  |  | — |  |  | 139 |
|  | Intercompany interest expense (income) | (9 | ) |  | (8 | ) |  | 20 |  |  | (3 | ) |  | — |  |  | — |
|  | Early extinguishment of debt | — |  |  | 5 |  |  | — |  |  | — |  |  | — |  |  | 5 |
| Transaction-related costs, net | — |  |  | 1 |  |  | 3 |  |  | 14 |  |  | — |  |  | 18 |
| Restructuring and other related charges | — |  |  | — |  |  | 6 |  |  | 8 |  |  | — |  |  | 14 |
Total expenses | 31 |  |  | 127 |  |  | 4,540 |  |  | 3,904 |  |  | (1,792 | ) |  | 6,810 |
Income (loss) before income taxes and equity in earnings of subsidiaries | (31 | ) |  | (127 | ) |  | (369 | ) |  | 791 |  |  | — |  |  | 264 |
Provision for (benefit from) income taxes | (13 | ) |  | (34 | ) |  | 114 |  |  | 45 |  |  | — |  |  | 112 |
Equity in earnings of subsidiaries | 170 |  |  | 263 |  |  | 746 |  |  | — |  |  | (1,179 | ) |  | — |
Net income | $ | 152 |  |  | $ | 170 |  |  | $ | 263 |  |  | $ | 746 |  |  | $ | (1,179 | ) |  | $ | 152 |
Comprehensive income | $ | 104 |  |  | $ | 122 |  |  | $ | 207 |  |  | $ | 687 |  |  | $ | (1,016 | ) |  | $ | 104 |
Schedule Of Condensed Consolidating Balance Sheet Table | As of September 30, 2018
|  |  | Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | 3 |  |  | $ | 73 |  |  | $ | — |  |  | $ | 529 |  |  | $ | — |  |  | $ | 605 |
| Receivables, net | — |  |  | — |  |  | 247 |  |  | 671 |  |  | — |  |  | 918 |
| Other current assets | 1 |  |  | 100 |  |  | 109 |  |  | 447 |  |  | — |  |  | 657 |
Total current assets | 4 |  |  | 173 |  |  | 356 |  |  | 1,647 |  |  | — |  |  | 2,180 |
Property and equipment, net | — |  |  | 191 |  |  | 312 |  |  | 216 |  |  | — |  |  | 719 |
Deferred income taxes | 13 |  |  | 842 |  |  | 169 |  |  | 41 |  |  | — |  |  | 1,065 |
Goodwill | — |  |  | — |  |  | 471 |  |  | 593 |  |  | — |  |  | 1,064 |
Other intangibles, net | — |  |  | 26 |  |  | 474 |  |  | 344 |  |  | — |  |  | 844 |
Other non-current assets | 46 |  |  | 48 |  |  | 16 |  |  | 157 |  |  | — |  |  | 267 |
Intercompany receivables | 156 |  |  | 399 |  |  | 1,880 |  |  | 906 |  |  | (3,341 | ) |  | — |
Investment in subsidiaries | 355 |  |  | 4,841 |  |  | 4,043 |  |  | — |  |  | (9,239 | ) |  | — |
Total assets exclusive of assets under vehicle programs | 574 |  |  | 6,520 |  |  | 7,721 |  |  | 3,904 |  |  | (12,580 | ) |  | 6,139 |
Assets under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Program cash | — |  |  | — |  |  | — |  |  | 151 |  |  | — |  |  | 151 |
| Vehicles, net | — |  |  | 38 |  |  | 58 |  |  | 12,067 |  |  | — |  |  | 12,163 |
| Receivables from vehicle manufacturers and other | — |  |  | 2 |  |  | — |  |  | 770 |  |  | — |  |  | 772 |
| Investment in Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 516 |  |  | — |  |  | 516 |
|  |  | — |  |  | 40 |  |  | 58 |  |  | 13,504 |  |  | — |  |  | 13,602 |
Total assets | $ | 574 |  |  | $ | 6,560 |  |  | $ | 7,779 |  |  | $ | 17,408 |  |  | $ | (12,580 | ) |  | $ | 19,741 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |
| Accounts payable and other current liabilities | $ | 13 |  |  | $ | 248 |  |  | $ | 633 |  |  | $ | 991 |  |  | $ | — |  |  | $ | 1,885 |
| Short-term debt and current portion of long-term debt | — |  |  | 17 |  |  | 2 |  |  | 4 |  |  | — |  |  | 23 |
Total current liabilities | 13 |  |  | 265 |  |  | 635 |  |  | 995 |  |  | — |  |  | 1,908 |
Long-term debt | — |  |  | 2,900 |  |  | 2 |  |  | 636 |  |  | — |  |  | 3,538 |
Other non-current liabilities | 40 |  |  | 80 |  |  | 261 |  |  | 386 |  |  | — |  |  | 767 |
Intercompany payables | — |  |  | 2,941 |  |  | 399 |  |  | 1 |  |  | (3,341 | ) |  | — |
Total liabilities exclusive of liabilities under vehicle programs | 53 |  |  | 6,186 |  |  | 1,297 |  |  | 2,018 |  |  | (3,341 | ) |  | 6,213 |
Liabilities under vehicle programs: |  |  |  |  |  |  |  |  |  |  |
| Debt | — |  |  | 19 |  |  | 50 |  |  | 3,731 |  |  | — |  |  | 3,800 |
| Due to Avis Budget Rental Car Funding (AESOP) LLC-related party | — |  |  | — |  |  | — |  |  | 7,122 |  |  | — |  |  | 7,122 |
Deferred income taxes | — |  |  | — |  |  | 1,591 |  |  | 184 |  |  | — |  |  | 1,775 |
Other | — |  |  | — |  |  | — |  |  | 310 |  |  | — |  |  | 310 |
|  |  | — |  |  | 19 |  |  | 1,641 |  |  | 11,347 |  |  | — |  |  | 13,007 |
Total stockholders’ equity | 521 |  |  | 355 |  |  | 4,841 |  |  | 4,043 |  |  | (9,239 | ) |  | 521 |
Total liabilities and stockholders’ equity | $ | 574 |  |  | $ | 6,560 |  |  | $ | 7,779 |  |  | $ | 17,408 |  |  | $ | (12,580 | ) |  | $ | 19,741 |
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 | Nine Months Ended September 30, 2018
| Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net cash provided by (used in) operating activities | $ | 139 |  |  | $ | 202 |  |  | $ | 88 |  |  | $ | 1,785 |  |  | $ | (119 | ) |  | $ | 2,095 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Property and equipment additions | — |  |  | (45 | ) |  | (60 | ) |  | (52 | ) |  | — |  |  | (157 | )
Proceeds received on asset sales | — |  |  | 2 |  |  | 2 |  |  | 5 |  |  | — |  |  | 9 |
Net assets acquired (net of cash acquired) | — |  |  | (3 | ) |  | (5 | ) |  | (56 | ) |  | — |  |  | (64 | )
Other, net | — |  |  | (8 | ) |  | — |  |  | (36 | ) |  | — |  |  | (44 | )
Net cash provided by (used in) investing activities exclusive of vehicle programs | — |  |  | (54 | ) |  | (63 | ) |  | (139 | ) |  | — |  |  | (256 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Investment in vehicles | — |  |  | — |  |  | (4 | ) |  | (10,075 | ) |  | — |  |  | (10,079 | )
Proceeds received on disposition of vehicles | — |  |  | 33 |  |  | — |  |  | 6,719 |  |  | — |  |  | 6,752 |
Investment in debt securities of Avis Budget Rental Car Funding (AESOP) LLC—related party | — |  |  | — |  |  | — |  |  | (116 | ) |  | — |  |  | (116 | )
Proceeds from debt securities of Avis Budget Rental Car Funding (AESOP) LLC—related party | — |  |  | — |  |  | — |  |  | 22 |  |  | — |  |  | 22 |
| — |  |  | 33 |  |  | (4 | ) |  | (3,450 | ) |  | — |  |  | (3,421 | )
Net cash provided by (used in) investing activities | — |  |  | (21 | ) |  | (67 | ) |  | (3,589 | ) |  | — |  |  | (3,677 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings | — |  |  | 81 |  |  | — |  |  | — |  |  | — |  |  | 81 |
Payments on long-term borrowings | — |  |  | (97 | ) |  | (2 | ) |  | — |  |  | — |  |  | (99 | )
Net change in short-term borrowings | — |  |  | — |  |  | — |  |  | (4 | ) |  | — |  |  | (4 | )
Debt financing fees | — |  |  | (9 | ) |  | — |  |  | — |  |  | — |  |  | (9 | )
Repurchases of common stock | (143 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (143 | )
Other, net | 3 |  |  | (95 | ) |  | (12 | ) |  | (12 | ) |  | 119 |  |  | 3 |
Net cash provided by (used in) financing activities exclusive of vehicle programs | (140 | ) |  | (120 | ) |  | (14 | ) |  | (16 | ) |  | 119 |  |  | (171 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | — |  |  | 13,371 |  |  | — |  |  | 13,371 |
Payments on borrowings | — |  |  | (2 | ) |  | (7 | ) |  | (11,718 | ) |  | — |  |  | (11,727 | )
Debt financing fees | — |  |  | — |  |  | — |  |  | (19 | ) |  | — |  |  | (19 | )
| — |  |  | (2 | ) |  | (7 | ) |  | 1,634 |  |  | — |  |  | 1,625 |
Net cash provided by (used in) financing activities | (140 | ) |  | (122 | ) |  | (21 | ) |  | 1,618 |  |  | 119 |  |  | 1,454 |
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash | — |  |  | — |  |  | — |  |  | (5 | ) |  | — |  |  | (5 | )
Net increase (decrease) in cash and cash equivalents, program and restricted cash | (1 | ) |  | 59 |  |  | — |  |  | (191 | ) |  | — |  |  | (133 | )
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 |  |  | $ | 73 |  |  | $ | — |  |  | $ | 692 |  |  | $ | — |  |  | $ | 768 |
Nine Months Ended September 30, 2017
| Parent |  | Subsidiary Issuers |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net cash provided by (used in) operating activities | $ | 44 |  |  | $ | (45 | ) |  | $ | 70 |  |  | $ | 2,007 |  |  | $ | (35 | ) |  | $ | 2,041 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Property and equipment additions | — |  |  | (36 | ) |  | (56 | ) |  | (46 | ) |  | — |  |  | (138 | )
Proceeds received on asset sales | — |  |  | 1 |  |  | — |  |  | 5 |  |  | — |  |  | 6 |
Net assets acquired (net of cash acquired) | — |  |  | (1 | ) |  | (5 | ) |  | (11 | ) |  | — |  |  | (17 | )
Intercompany loan receipts (advances) | — |  |  | — |  |  | — |  |  | (264 | ) |  | 264 |  |  | — |
Other, net | 100 |  |  | — |  |  | — |  |  | 6 |  |  | (100 | ) |  | 6 |
Net cash provided by (used in) investing activities exclusive of vehicle programs | 100 |  |  | (36 | ) |  | (61 | ) |  | (310 | ) |  | 164 |  |  | (143 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Investment in vehicles | — |  |  | — |  |  | — |  |  | (9,672 | ) |  | — |  |  | (9,672 | )
Proceeds received on disposition of vehicles | — |  |  | 39 |  |  | — |  |  | 6,833 |  |  | — |  |  | 6,872 |
Investment in debt securities of Avis Budget Rental Car Funding (AESOP) LLC—related party | — |  |  | — |  |  | — |  |  | (33 | ) |  | — |  |  | (33 | )
| — |  |  | 39 |  |  | — |  |  | (2,872 | ) |  | — |  |  | (2,833 | )
Net cash provided by (used in) investing activities | 100 |  |  | 3 |  |  | (61 | ) |  | (3,182 | ) |  | 164 |  |  | (2,976 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings | — |  |  | 325 |  |  | — |  |  | 264 |  |  | — |  |  | 589 |
Payments on long-term borrowings | — |  |  | (401 | ) |  | (2 | ) |  | (193 | ) |  | — |  |  | (596 | )
Net change in short-term borrowings | — |  |  | — |  |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Intercompany loan borrowings (payments) | — |  |  | 264 |  |  | — |  |  | — |  |  | (264 | ) |  | — |
Repurchases of common stock | (144 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (144 | )
Debt financing fees | — |  |  | (5 | ) |  | — |  |  | (4 | ) |  | — |  |  | (9 | )
Other, net | — |  |  | (135 | ) |  | — |  |  | — |  |  | 135 |  |  | — |
Net cash provided by (used in) financing activities exclusive of vehicle programs | (144 | ) |  | 48 |  |  | (2 | ) |  | 64 |  |  | (129 | ) |  | (163 | )
Vehicle programs: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | — |  |  | 14,276 |  |  | — |  |  | 14,276 |
Payments on borrowings | — |  |  | (1 | ) |  | (7 | ) |  | (12,922 | ) |  | — |  |  | (12,930 | )
Debt financing fees | — |  |  | — |  |  | — |  |  | (8 | ) |  | — |  |  | (8 | )
| — |  |  | (1 | ) |  | (7 | ) |  | 1,346 |  |  | — |  |  | 1,338 |
Net cash provided by (used in) financing activities | (144 | ) |  | 47 |  |  | (9 | ) |  | 1,410 |  |  | (129 | ) |  | 1,175 |
Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash | — |  |  | — |  |  | — |  |  | 41 |  |  | — |  |  | 41 |
Net increase in cash and cash equivalents, program and restricted cash | — |  |  | 5 |  |  | — |  |  | 276 |  |  | — |  |  | 281 |
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 |  |  | $ | 17 |  |  | $ | — |  |  | $ | 981 |  |  | $ | — |  |  | $ | 1,001 |

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