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Stockholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Schedule of Components of Other Comprehensive Income (Loss) | The components of other comprehensive income (loss) were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net income (loss) | $ | 5 |  |  | $ | 15 |  |  | $ | (499) |  |  | $ | (98) |
Less: Net income attributable to non-controlling interests | 1 |  |  | 1 |  |  | 2 |  |  | 2 |
Net income (loss) attributable to Avis Budget Group, Inc. | 4 |  |  | 14 |  |  | (501) |  |  | (100) |
Other comprehensive income (loss), net of tax |  |  |  |  |  |  |
Currency translation adjustments, net of tax of $30, $(3), $44 and $(8), respectively (a) | 71 |  |  | 7 |  |  | 84 |  |  | (45) |
Net unrealized gain (loss) on cash flow hedges, net of tax of $1, $1, $4 and $(1), respectively | (5) |  |  | (3) |  |  | (11) |  |  | 4 |
Minimum pension liability adjustment, net of tax of $0, in each period | 1 |  |  | 1 |  |  | 2 |  |  | 2 |
| 67 |  |  | 5 |  |  | 75 |  |  | (39) |
Total comprehensive income (loss) attributable to Avis Budget Group, Inc. | $ | 71 |  |  | $ | 19 |  |  | $ | (426) |  |  | $ | (139) |
__________ (a)Currency translation adjustments exclude income taxes related to indefinite investments in foreign subsidiaries.
Schedule of Components of 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 as of April 1, 2025 | $ | (112) |  |  | $ | 25 |  |  | $ | (115) |  |  | $ | (202) |
Other comprehensive income (loss) before reclassifications | 71 |  |  | (1) |  |  | — |  |  | 70 |
Gross (gains) losses reclassified |  |  | (6) |  |  | 2 |  |  | (4) |
Tax on (gains) losses reclassified |  |  | 2 |  |  | (1) |  |  | 1 |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (4) |  |  | 1 |  |  | (3) |
Net current-period other comprehensive income (loss) | 71 |  |  | (5) |  |  | 1 |  |  | 67 |
Balance as of June 30, 2025 | $ | (41) |  |  | $ | 20 |  |  | $ | (114) |  |  | $ | (135) |
Balance as of April 1, 2024 | $ | (55) |  |  | $ | 44 |  |  | $ | (129) |  |  | $ | (140) |
Other comprehensive income (loss) before reclassifications | 7 |  |  | 3 |  |  | — |  |  | 10 |
Gross (gains) losses reclassified |  |  | (7) |  |  | 2 |  |  | (5) |
Tax on (gains) losses reclassified |  |  | 1 |  |  | (1) |  |  | — |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (6) |  |  | 1 |  |  | (5) |
Net current-period other comprehensive income (loss) | 7 |  |  | (3) |  |  | 1 |  |  | 5 |
Balance as of June 30, 2024 | $ | (48) |  |  | $ | 41 |  |  | $ | (128) |  |  | $ | (135) |
| Currency Translation Adjustments |  | Net Unrealized Gains (Losses) on Cash Flow Hedges (a) |  | Minimum Pension Liability Adjustment (b) |  | Accumulated Other Comprehensive Income (Loss)
Balance as of January 1, 2025 | $ | (125) |  |  | $ | 31 |  |  | $ | (116) |  |  | $ | (210) |
Other comprehensive income (loss) before reclassifications | 84 |  |  | (3) |  |  | — |  |  | 81 |
Gross (gains) losses reclassified |  |  | (11) |  |  | 3 |  |  | (8) |
Tax on (gains) losses reclassified |  |  | 3 |  |  | (1) |  |  | 2 |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (8) |  |  | 2 |  |  | (6) |
Net current-period other comprehensive income (loss) | 84 |  |  | (11) |  |  | 2 |  |  | 75 |
Balance as of June 30, 2025 | $ | (41) |  |  | $ | 20 |  |  | $ | (114) |  |  | $ | (135) |
Balance as of January 1, 2024 | $ | (3) |  |  | $ | 37 |  |  | $ | (130) |  |  | $ | (96) |
Other comprehensive income (loss) before reclassifications | (45) |  |  | 15 |  |  | — |  |  | (30) |
Gross (gains) losses reclassified |  |  | (14) |  |  | 3 |  |  | (11) |
Tax on (gains) losses reclassified |  |  | 3 |  |  | (1) |  |  | 2 |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (11) |  |  | 2 |  |  | (9) |
Net current-period other comprehensive income (loss) | (45) |  |  | 4 |  |  | 2 |  |  | (39) |
Balance as of June 30, 2024 | $ | (48) |  |  | $ | 41 |  |  | $ | (128) |  |  | $ | (135) |
__________ 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 $21 million gain, net of tax, as of June 30, 2025 related to our hedge of our investment in euro-denominated foreign operations (see Note 16 – Financial Instruments). (a)Amounts reclassified to interest expense. (b)Amounts reclassified to selling, general and administrative expenses.

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