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Stockholders' Equity (Tables) | 3 Months Ended
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Mar. 31, 2023
Equity [Abstract] |
Schedule of Components of Other Comprehensive Income (Loss) | The components of other comprehensive income (loss) were as follows:
|  | Three Months Ended March 31, |
|  | 2023 |  | 2022 |
Net income | $ | 312 |  |  | $ | 527 |  |
| Less: net income (loss) attributable to non-controlling interests | — |  |  | (2) |  |
Net income attributable to Avis Budget Group, Inc. | 312 |  |  | 529 |  |
Other comprehensive income (loss): |  |  |  |
| Currency translation adjustments (net of tax of $3 and $(3), respectively) | (4) |  |  | 7 |  |
| Net unrealized gain (loss) on cash flow hedges (net of tax of $2 and $(11), respectively) | (7) |  |  | 30 |  |
| Minimum pension liability adjustment (net of tax of $0, in each period) | 1 |  |  | 2 |  |
|  | (10) |  |  | 39 |  |
Comprehensive income attributable to Avis Budget Group, Inc. | $ | 302 |  |  | $ | 568 |  |
__________ Currency translation adjustments exclude income taxes related to indefinite investments in foreign subsidiaries.
Schedule of Components of Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The components of accumulated other comprehensive income (loss) were as follows:
|  | Currency Translation Adjustments |  | Net Unrealized Gains (Losses) on Cash Flow Hedges(a) |  | Minimum Pension Liability Adjustment(b) |  | Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2023 | $ | (30) |  |  | $ | 45 |  |  | $ | (116) |  |  | $ | (101) |
| Other comprehensive income (loss) before reclassifications | (4) |  |  | (5) |  |  | — |  |  | (9) |
| Amounts reclassified from accumulated other comprehensive income | — |  |  | (2) |  |  | 1 |  |  | (1) |
Net current-period other comprehensive income (loss) | (4) |  |  | (7) |  |  | 1 |  |  | (10) |
Balance, March 31, 2023 | $ | (34) |  |  | $ | 38 |  |  | $ | (115) |  |  | $ | (111) |
Balance, January 1, 2022 | $ | 16 |  |  | $ | (19) |  |  | $ | (130) |  |  | $ | (133) |
| Other comprehensive income (loss) before reclassifications | 7 |  |  | 26 |  |  | — |  |  | 33 |
| Amounts reclassified from accumulated other comprehensive income | — |  |  | 4 |  |  | 2 |  |  | 6 |
Net current-period other comprehensive income (loss) | 7 |  |  | 30 |  |  | 2 |  |  | 39 |
Balance, March 31, 2022 | $ | 23 |  |  | $ | 11 |  |  | $ | (128) |  |  | $ | (94) |
__________ All components of accumulated other comprehensive income (loss) are net of tax, except currency translation adjustments, which exclude income taxes related to indefinite investments in foreign subsidiaries and include $105 million gain, net of tax, as of March 31, 2023 related to our hedge of our investment in euro-denominated foreign operations (see Note 16 – Financial Instruments). (a)For the three months ended March 31, 2023 and 2022, the amounts reclassified from accumulated other comprehensive income (loss) into corporate interest expense were $3 million ($2 million, net of tax) and $5 million ($4 million, net of tax), respectively. (b)For the three months ended March 31, 2023 and 2022, amounts reclassified from accumulated other comprehensive income (loss) into selling, general and administrative expenses were $1 million ($1 million, net of tax) and $3 million ($2 million, net of tax), respectively.

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