XML 36 R27.htm IDEA: XBRL DOCUMENT
v3.23.1

Leases (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Leases [Abstract] |
Schedule of Operating Lease, Lease Income | The following table presents our lease revenues disaggregated by geography:
| Three Months Ended March 31, |
| 2023 |  | 2022 |
Americas | $ | 1,995 |  |  | $ | 1,985 |  |
Europe, Middle East and Africa | 349 |  |  | 309 |  |
Asia and Australasia | 169 |  |  | 104 |  |
Total lease revenues | $ | 2,513 |  |  | $ | 2,398 |  |
The following table presents our lease revenues disaggregated by brand:
| Three Months Ended March 31, |
| 2023 |  | 2022 |
Avis | $ | 1,388 |  |  | $ | 1,261 |  |
Budget | 964 |  |  | 972 |  |
Other | 161 |  |  | 165 |  |
Total lease revenues | $ | 2,513 |  |  | $ | 2,398 |  |
_______ Other includes Zipcar and other operating brands.
Schedule of the Components of Lease Expense | The components of lease expense are as follows:
| Three Months Ended March 31, |
| 2023 |  | 2022 |
Property leases (a) |  |  |  |
Operating lease expense | $ | 205 |  |  | $ | 161 |  |
Variable lease expense | 83 |  |  | 102 |  |
Total property lease expense | $ | 288 |  |  | $ | 263 |  |
__________ (a) Primarily within operating expenses. Supplemental cash flow information related to leases is as follows:
| Three Months Ended March 31,
| 2023 |  | 2022
Cash payments for lease liabilities within operating activities: |  |  |
Property operating leases | $ | 210 |  |  | $ | 164 |
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities: |  |  |
Property operating leases | $ | 154 |  |  | $ | 213 |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases is as follows:
| As of March 31, 2023 |  | As of December 31, 2022
Property leases |  |  |
Operating lease ROU assets | $ | 2,350 |  | $ | 2,405
Short-term operating lease liabilities (a) | $ | 533 |  | $ | 555
Long-term operating lease liabilities | 1,852 |  | 1,884
Operating lease liabilities | $ | 2,385 |  | $ | 2,439
Weighted average remaining lease term | 8.2 years |  | 8.2 years
Weighted average discount rate | 4.39 | % |  | 4.30 | %
_________ (a) Included in accounts payable and other current liabilities.

X
- Definition Assets And Liabilities, Lessee + References No definition available. + Details
Name: | car_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | car_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI https://asc.fasb.org/extlink&oid=126900988&loc=SL77927221-108306 + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration