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Debt Under Vehicle Programs and Borrowing Arrangements (Tables) | 6 Months Ended
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Jun. 30, 2020
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
| June 30, |  | December 31,
| 2020 |  | 2019
Americas - Debt due to Avis Budget Rental Car Funding | $ | 8,095 |  |  | $ | 7,975 |
Americas - Debt borrowings | 765 |  |  | 827 |
International - Debt borrowings | 1,576 |  |  | 2,100 |
International - Finance leases | 148 |  |  | 215 |
Other | 1 |  |  | — |
Deferred financing fees (a) | (45) |  |  | (49) |
Total | $ | 10,540 |  |  | $ | 11,068 |
__________ (a)Deferred financing fees related to Debt due to Avis Budget Rental Car Funding as of June 30, 2020 and December 31, 2019 was $38 million and $40 million, respectively In January 2020, the Company’s Avis Budget Rental Car Funding subsidiary issued approximately $700 million in asset-backed notes with an expected final payment date of August 2025 incurring interest at a weighted average rate of 2.42%
Schedule Of Contractual Maturities | Debt 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 June 30, 2020.
| Debt under Vehicle Programs (a)
Within 1 year (b) | $ | 2,602 |
Between 1 and 2 years (c) | 3,907 |
Between 2 and 3 years | 1,243 |
Between 3 and 4 years | 1,279 |
Between 4 and 5 years | 1,538 |
Thereafter | 16 |
Total | $ | 10,585 |
__________ (a) Vehicle-backed debt primarily represents asset-backed securities. (b) Includes $1.3 billion of bank and bank-sponsored facilities. (c) Includes $2.5 billion of bank and bank-sponsored facilities.
Schedule Of Available Funding Under The Vehicle Programs | Committed Credit Facilities and Available Funding Arrangements As of June 30, 2020, 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 (b) |  | Available Capacity
Americas - Debt due to Avis Budget Rental Car Funding | $ | 9,394 |  |  | $ | 8,095 |  |  | $ | 1,299 |
Americas - Debt borrowings | 882 |  |  | 765 |  |  | 117 |
International - Debt borrowings | 2,947 |  |  | 1,576 |  |  | 1,371 |
International - Finance leases | 205 |  |  | 148 |  |  | 57 |
Other | 1 |  |  | 1 |  |  | — |
Total | $ | 13,429 |  |  | $ | 10,585 |  |  | $ | 2,844 |
__________ (a) Capacity is subject to maintaining sufficient assets to collateralize debt. (b) The outstanding debt is collateralized by vehicles and related assets of $8.8 billion for Americas - Debt due to Avis Budget Rental Car Funding; $1.0 billion for Americas - Debt borrowings; $1.9 billion for International - Debt borrowings; and $0.2 billion for International - Finance leases.

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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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