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REVENUE EARNING EQUIPMENT, NET (Tables)
6 Months Ended
Jun. 30, 2025
Revenue Earning Equipment [Abstract]  
Schedule of Revenue Earning Equipment
 
Estimated Useful Lives (In Years)
June 30, 2025December 31, 2024
(Dollars in millions)CostAccumulated
Depreciation
Net
CostAccumulated
Depreciation
Net
Held for use:
Trucks
3 — 7
$6,264 $(2,165)$4,099 $6,252 $(2,210)$4,042 
Tractors
   4 — 7.5
6,734 (2,792)3,942 6,721 (2,739)3,982 
Trailers and other
9.5 — 12
1,675 (674)1,001 1,695 (671)1,024 
Held for sale
814 (637)177 781 (623)158 
Total$15,487 $(6,268)$9,219 $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
 June 30, 2025December 31, 2024Three months ended June 30,Six months ended June 30,
(In millions)2025202420252024
Revenue earning equipment held for sale:
Trucks$21 $10 $8 $$13 $
Tractors20 27 6 12 
Trailers and other6 3 5 
Total assets at fair value$47 $40 $17 $$30 $17 
Schedule of Gain and Losses Revenue Earning Equipment
The components of "Used vehicle sales, net" were as follows:
 Three months ended June 30,Six months ended June 30,
(In millions)2025202420252024
Gains on used vehicle sales, net
$(15)$(26)$(37)$(56)
Losses from valuation adjustments17 30 17 
Used vehicle sales, net$2 $(19)$(7)$(39)