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REVENUE EARNING EQUIPMENT, NET (Tables)
3 Months Ended
Mar. 31, 2025
Revenue Earning Equipment [Abstract]  
Schedule of Revenue Earning Equipment
 
Estimated Useful Lives (In Years)
March 31, 2025December 31, 2024
(Dollars in millions)CostAccumulated
Depreciation
Net
CostAccumulated
Depreciation
Net
Held for use:
Trucks
3 — 7
$6,297 $(2,189)$4,108 $6,252 $(2,210)$4,042 
Tractors
   4 — 7.5
6,624 (2,779)3,845 6,721 (2,739)3,982 
Trailers and other
9.5 — 12
1,694 (676)1,018 1,695 (671)1,024 
Held for sale
800 (631)169 781 (623)158 
Total$15,415 $(6,275)$9,140 $15,449 $(6,243)$9,206 
Schedule of Fair Value, Assets
The following table presents our assets held for sale that are measured at fair value on a nonrecurring basis and considered a Level 3 fair value measurement:
Losses from Valuation Adjustments
 March 31, 2025December 31, 2024Three months ended March 31,
(In millions)20252024
Revenue earning equipment held for sale:
Trucks$16 $10 $5 $
Tractors18 27 6 
Trailers and other4 2 
Total assets at fair value$38 $40 $13 $10 
Schedule of Gain and Losses Revenue Earning Equipment
The components of "Used vehicle sales, net" were as follows:
 Three months ended March 31,
(In millions)20252024
Gains on used vehicle sales, net
$(22)$(30)
Losses from valuation adjustments13 10 
Used vehicle sales, net$(9)$(20)