XML 68 R39.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic and diluted earnings per share (“EPS”) (shares in millions):
|  | Year Ended December 31,
|  | 2023 |  | 2022 |  | 2021
Net income attributable to Avis Budget Group, Inc. for basic and diluted EPS | $ | 1,632 |  |  | $ | 2,764 |  |  | $ | 1,285 |
Basic weighted average shares outstanding | 38.3 |  |  | 47.3 |  |  | 64.9 |
Non-vested stock | 0.5 |  |  | 1.1 |  |  | 1.2 |
Diluted weighted average shares outstanding | 38.8 |  |  | 48.4 |  |  | 66.1 |
Earnings per share: |  |  |  |  |
| Basic | $ | 42.57 |  |  | $ | 58.41 |  |  | $ | 19.79 |
| Diluted | $ | 42.08 |  |  | $ | 57.16 |  |  | $ | 19.44 |
Schedule of Outstanding Common Stock Equivalents That Were Anti-Dilutive | The following table summarizes our outstanding common stock equivalents that were anti-dilutive and therefore excluded from the computation of diluted EPS (shares in millions):
| As of December 31,
| 2023 |  | 2022 |  | 2021
Non-vested stock (a) | 0.1 |  |  | 0.2 |  |  | — |
__________ (a)The weighted average grant date fair value for anti-dilutive non-vested stock for 2023 and 2022 was $198.92 and $177.70, respectively.

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

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration