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v3.25.1

Segment Information (Schedule of Segments Information) (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Segment Reporting Information [Line Items] |  |
Revenues | $ 2,430 | $ 2,551
Significant segment expenses: |  |
Operating | 1,353 | 1,344
Vehicle depreciation and lease charges, net | 1,055 | 636
Selling, general and administrative | 308 | 325
Vehicle interest, net | 210 | 239
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes: |  |
Non-vehicle related depreciation and amortization | 56 | 61
Other fleet charges | 390 |
Restructuring and other related charges | 22 | 3
Transaction-related costs, net | 0 | 1
Other (income) expense, net | 6 | 1
Loss before income taxes | (677) | (142)
Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Revenues | 2,430 | 2,551
Significant segment expenses: |  |
Reportable segment Adjusted EBITDA | (70) | 29
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes: |  |
Non-vehicle related depreciation and amortization | 55 | 57
Interest expense | 2 | 2
Other fleet charges | 390 |
Restructuring and other related charges | 22 | 3
Transaction-related costs, net |  | 1
Other (income) expense, net | 6 | 1
Cloud computing costs | 1 | (3)
Operating Segments | Americas |  |
Segment Reporting Information [Line Items] |  |
Revenues | 1,907 | 1,993
Significant segment expenses: |  |
Operating | 1,064 | 1,052
Vehicle depreciation and lease charges, net | 533 | 487
Selling, general and administrative | 200 | 207
Vehicle interest, net | 177 | 203
Reportable segment Adjusted EBITDA | (67) | 44
Operating Segments | International |  |
Segment Reporting Information [Line Items] |  |
Revenues | 523 | 558
Significant segment expenses: |  |
Operating | 274 | 289
Vehicle depreciation and lease charges, net | 132 | 149
Selling, general and administrative | 87 | 99
Vehicle interest, net | 33 | 36
Reportable segment Adjusted EBITDA | (3) | (15)
Corporate and Other |  |
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes: |  |
Corporate and other | 131 | 110
Interest expense related to corporate debt, net | $ 95 | $ 81

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