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Debt Under Vehicle Programs and Borrowing Arrangements Debt Under Vehicle Programs and Borrowing Arrangements (Details) $ in Millions | Sep. 30, 2018 USD ($)
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Debt Under Vehicle Programs And Borrowing Arrangements [Line Items] |
Vehicle Program Debt Total Capacity | $ 12,909
European Rental Fleet Securitization [Member] |
Debt Under Vehicle Programs And Borrowing Arrangements [Line Items] |
Vehicle Program Debt Total Capacity | 1,800
Debt Due To Avis Budget Rental Car Funding (Member) |
Debt Under Vehicle Programs And Borrowing Arrangements [Line Items] |
Vehicle Program Debt Total Capacity | 8,629
Asset-Backed Securities, at Carrying Value | $ 400
Debt, Weighted Average Interest Rate | 4.00%

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- Definition Debt Under Vehicle Programs And Borrowing Arrangements [Line Items] + References No definition available. + Details
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- Definition Maximum borrowing capacity under the vehicle program without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the program. + References No definition available. + Details
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- Definition Investments in notes or bonds that are collateralized by a specific group of underlying assets owned by the issuer of the notes or bonds which are short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. + References No definition available. + Details
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- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
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- Details
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- Details
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