XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.23.2

Leases (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Leases [Abstract] |
Schedule of Operating Lease, Lease Income | The following table presents our lease revenues disaggregated by geography:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Americas | $ | 2,410 |  |  | $ | 2,549 |  |  | $ | 4,405 |  |  | $ | 4,534 |
Europe, Middle East and Africa | 523 |  |  | 505 |  |  | 872 |  |  | 814 |
Asia and Australasia | 148 |  |  | 148 |  |  | 317 |  |  | 252 |
Total lease revenues | $ | 3,081 |  |  | $ | 3,202 |  |  | $ | 5,594 |  |  | $ | 5,600 |
The following table presents our lease revenues disaggregated by brand:
| Three Months Ended June 30, |  | Six Months Ended June 30, |
| 2023 |  | 2022 |  | 2023 |  | 2022 |
Avis | $ | 1,721 |  |  | $ | 1,728 |  |  | $ | 3,109 |  |  | $ | 2,989 |  |
Budget | 1,168 |  |  | 1,270 |  |  | 2,132 |  |  | 2,242 |  |
Other | 192 |  |  | 204 |  |  | 353 |  |  | 369 |  |
Total lease revenues | $ | 3,081 |  |  | $ | 3,202 |  |  | $ | 5,594 |  |  | $ | 5,600 |  |
_______ 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 June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Property leases (a) |  |  |  |  |  |  |
Operating lease expense | $ | 214 |  |  | $ | 168 |  |  | $ | 419 |  |  | $ | 329 |
Variable lease expense | 108 |  |  | 152 |  |  | 191 |  |  | 254 |
Total property lease expense | $ | 322 |  |  | $ | 320 |  |  | $ | 610 |  |  | $ | 583 |
__________ (a) Primarily within operating expenses. Supplemental cash flow information related to leases is as follows:
| Six Months Ended June 30,
| 2023 |  | 2022
Cash payments for lease liabilities within operating activities: |  |  |
Property operating leases | $ | 431 |  |  | $ | 354 |
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities: |  |  |
Property operating leases | $ | 572 |  |  | $ | 311 |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases is as follows:
| As of June 30, 2023 |  | As of December 31, 2022
Property leases |  |  |
Operating lease ROU assets | $ | 2,547 |  | $ | 2,405
Short-term operating lease liabilities (a) | $ | 506 |  | $ | 555
Long-term operating lease liabilities | 2,079 |  | 1,884
Operating lease liabilities | $ | 2,585 |  | $ | 2,439
Weighted average remaining lease term | 8.6 years |  | 8.2 years
Weighted average discount rate | 4.54 | % |  | 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-types1: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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + 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 -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482964/270-10-50-6A + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration