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Leases (Tables) | 9 Months Ended
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Sep. 30, 2025
Leases [Abstract] |
Schedule of Operating Lease, Lease Income | The following table presents our lease revenues disaggregated by geography:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Americas | $ | 2,597 |  |  | $ | 2,587 |  |  | $ | 6,790 |  |  | $ | 6,891 |
Europe, Middle East and Africa | 710 |  |  | 660 |  |  | 1,595 |  |  | 1,548 |
Asia and Australasia | 151 |  |  | 145 |  |  | 447 |  |  | 456 |
Total lease revenues | $ | 3,458 |  |  | $ | 3,392 |  |  | $ | 8,832 |  |  | $ | 8,895 |
The following table presents our lease revenues disaggregated by brand:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Avis | $ | 1,961 |  |  | $ | 1,953 |  |  | $ | 4,993 |  |  | $ | 5,097 |
Budget | 1,312 |  |  | 1,247 |  |  | 3,306 |  |  | 3,261 |
Other (a) | 185 |  |  | 192 |  |  | 533 |  |  | 537 |
Total lease revenues | $ | 3,458 |  |  | $ | 3,392 |  |  | $ | 8,832 |  |  | $ | 8,895 |
__________ (a)Other includes Zipcar and other operating brands.
Schedule of the Components of Lease Expense | The components of lease expense are as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Property leases |  |  |  |  |  |  |
Operating lease expense | $ | 241 |  |  | $ | 229 |  |  | $ | 710 |  |  | $ | 691 |
Variable lease expense | 128 |  |  | 117 |  |  | 276 |  |  | 279 |
Total property lease expense (a) | $ | 369 |  |  | $ | 346 |  |  | $ | 986 |  |  | $ | 970 |
__________ (a)Primarily included within operating expenses. Supplemental cash flow information related to leases is as follows:
| Nine Months Ended September 30,
| 2025 |  | 2024
Cash payments for lease liabilities within operating activities: |  |  |
Property operating leases | $ | 718 |  |  | $ | 710 |
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities: |  |  |
Property operating leases | $ | 825 |  |  | $ | 945 |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases is as follows:
| As of |  | As of
| September 30, |  | December 31,
| 2025 |  | 2024
Property leases |  |  |
Operating lease ROU assets | $ | 3,222 |  | $ | 3,057
Short-term operating lease liabilities (a) | $ | 656 |  | $ | 628
Long-term operating lease liabilities | 2,619 |  | 2,484
Operating lease liabilities | $ | 3,275 |  | $ | 3,112
Weighted average remaining lease term | 7.7 years |  | 8.0 years
Weighted average discount rate | 5.36 | % |  | 4.98 | %
__________ (a)Included within accounts payable and other current liabilities.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
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