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Stockholders' Equity (Tables) | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net income (loss) | $ | 360 |  |  | $ | 238 |  |  | $ | (139) |  |  | $ | 140 |
Less: Net income attributable to non-controlling interests | 1 |  |  | 1 |  |  | 3 |  |  | 3 |
Net income (loss) attributable to Avis Budget Group, Inc. | 359 |  |  | 237 |  |  | (142) |  |  | 137 |
Other comprehensive income (loss), net of tax |  |  |  |  |  |  |
Currency translation adjustments, net of tax of $(1), $13, $43 and $5, respectively (a) | (16) |  |  | 38 |  |  | 68 |  |  | (7) |
Net unrealized gain (loss) on cash flow hedges, net of tax of $1, $5, $5 and $4, respectively | (3) |  |  | (16) |  |  | (14) |  |  | (12) |
Minimum pension liability adjustment, net of tax of $(1), $(1), $(1) and $(1), respectively | 1 |  |  | 1 |  |  | 3 |  |  | 3 |
| (18) |  |  | 23 |  |  | 57 |  |  | (16) |
Total comprehensive income (loss) attributable to Avis Budget Group, Inc. | $ | 341 |  |  | $ | 260 |  |  | $ | (85) |  |  | $ | 121 |
__________ (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 July 1, 2025 | $ | (41) |  |  | $ | 20 |  |  | $ | (114) |  |  | $ | (135) |
Other comprehensive income (loss) before reclassifications | (16) |  |  | 1 |  |  | — |  |  | (15) |
Gross (gains) losses reclassified |  |  | (5) |  |  | 1 |  |  | (4) |
Tax on (gains) losses reclassified |  |  | 1 |  |  | — |  |  | 1 |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (4) |  |  | 1 |  |  | (3) |
Net current-period other comprehensive income (loss) | (16) |  |  | (3) |  |  | 1 |  |  | (18) |
Balance as of September 30, 2025 | $ | (57) |  |  | $ | 17 |  |  | $ | (113) |  |  | $ | (153) |
Balance as of July 1, 2024 | $ | (48) |  |  | $ | 41 |  |  | $ | (128) |  |  | $ | (135) |
Other comprehensive income (loss) before reclassifications | 38 |  |  | (11) |  |  | — |  |  | 27 |
Gross (gains) losses reclassified |  |  | (8) |  |  | 1 |  |  | (7) |
Tax on (gains) losses reclassified |  |  | 3 |  |  | — |  |  | 3 |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (5) |  |  | 1 |  |  | (4) |
Net current-period other comprehensive income (loss) | 38 |  |  | (16) |  |  | 1 |  |  | 23 |
Balance as of September 30, 2024 | $ | (10) |  |  | $ | 25 |  |  | $ | (127) |  |  | $ | (112) |
| 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 | 68 |  |  | (2) |  |  | — |  |  | 66 |
Gross (gains) losses reclassified |  |  | (16) |  |  | 4 |  |  | (12) |
Tax on (gains) losses reclassified |  |  | 4 |  |  | (1) |  |  | 3 |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (12) |  |  | 3 |  |  | (9) |
Net current-period other comprehensive income (loss) | 68 |  |  | (14) |  |  | 3 |  |  | 57 |
Balance as of September 30, 2025 | $ | (57) |  |  | $ | 17 |  |  | $ | (113) |  |  | $ | (153) |
Balance as of January 1, 2024 | $ | (3) |  |  | $ | 37 |  |  | $ | (130) |  |  | $ | (96) |
Other comprehensive income (loss) before reclassifications | (7) |  |  | 4 |  |  | — |  |  | (3) |
Gross (gains) losses reclassified |  |  | (22) |  |  | 4 |  |  | (18) |
Tax on (gains) losses reclassified |  |  | 6 |  |  | (1) |  |  | 5 |
(Gains) losses reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (16) |  |  | 3 |  |  | (13) |
Net current-period other comprehensive income (loss) | (7) |  |  | (12) |  |  | 3 |  |  | (16) |
Balance as of September 30, 2024 | $ | (10) |  |  | $ | 25 |  |  | $ | (127) |  |  | $ | (112) |
__________ 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 $25 million gain, net of tax, as of September 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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