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Vehicle Rental Activities | 12 Months Ended
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Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
Vehicle Rental Activities | The components of vehicles, net within assets under vehicle programs are as follows:
| As of December 31,
| 2022 |  | 2021
Rental vehicles | $ | 17,819 |  |  | $ | 14,612 |
Less: Accumulated depreciation | (2,211) |  |  | (1,911) |
| 15,608 |  |  | 12,701 |
Vehicles held for sale | 317 |  |  | 165 |
Vehicles, net investment in lease(a) | 36 |  |  | — |
Vehicles, net | $ | 15,961 |  |  | $ | 12,866 |
_______ (a)See Note 17 – Related Party Transactions The components of vehicle depreciation and lease charges, net are summarized below:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Depreciation expense | $ | 1,709 |  |  | $ | 1,402 |  |  | $ | 1,330 |
Lease charges | 138 |  |  | 156 |  |  | 195 |
(Gain) loss on sale of vehicles, net | (1,019) |  |  | (361) |  |  | (157) |
Vehicle depreciation and lease charges, net | $ | 828 |  |  | $ | 1,197 |  |  | $ | 1,368 |
At December 31, 2022, 2021 and 2020, we had payables related to vehicle purchases included in liabilities under vehicle programs - other o f $265 million, $142 million and $232 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $212 million, $134 million and $162 million, respectively. Property and equipment, net consisted of:
| As of December 31,
| 2022 |  | 2021
Land | $ | 59 |  |  | $ | 50 |
Buildings and leasehold improvements | 507 |  |  | 525 |
Capitalized software | 906 |  |  | 932 |
Furniture, fixtures and equipment | 382 |  |  | 426 |
Projects in process | 89 |  |  | 84 |
Buses and support vehicles | 90 |  |  | 80 |
| 2,033 |  |  | 2,097 |
Less: Accumulated depreciation and amortization | (1,439) |  |  | (1,560) |
Property and equipment, net | $ | 594 |  |  | $ | 537 |
Depreciation and amortization expense relating to property and equipment during 2022, 2021 and 2020 was $181 million, $205 million and $218 million, respectively (including $115 million, $105 million and $113 million, respectively, of amortization expense relating to capitalized software). At December 31, 2022, we had payables related to property and equipment included in accounts payable and other current liabilities and in other non-current liabilities of $19 million and $1 million, respectively. At December 31, 2021, we had payables related to property and equipment included in accounts payable and other current liabilities and in other non-current liabilities of $20 million and $2 million, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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