v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Operating Lease, Lease Income
The following table presents our lease revenues disaggregated by geography:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
2025202420252024
Americas$2,308 $2,330 $4,193 $4,304 
Europe, Middle East and Africa543 524 885 888 
Asia and Australasia138 140 296 311 
Total lease revenues$2,989 $2,994 $5,374 $5,503 

The following table presents our lease revenues disaggregated by brand:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
2025202420252024
Avis$1,687 $1,710 $3,032 $3,144 
Budget1,120 1,105 1,994 2,014 
Other (a)
182 179 348 345 
Total lease revenues$2,989 $2,994 $5,374 $5,503 
__________
(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 
June 30,		Six Months Ended 
June 30,
2025202420252024
Property leases
Operating lease expense$237 $233 $469 $462 
Variable lease expense89 93 148 162 
Total property lease expense (a)
$326 $326 $617 $624 
__________
(a)Primarily included within operating expenses.
Supplemental cash flow information related to leases is as follows:
Six Months Ended 
June 30,
20252024
Cash payments for lease liabilities within operating activities:
Property operating leases$474 $452 
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities:
Property operating leases$553 $572 
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
As ofAs of
June 30,December 31,
20252024
Property leases
Operating lease ROU assets$3,198$3,057
Short-term operating lease liabilities (a)
$621$628
Long-term operating lease liabilities2,6302,484
Operating lease liabilities$3,251$3,112
Weighted average remaining lease term7.9 years8.0 years
Weighted average discount rate5.32 %4.98 %
__________
(a)Included within accounts payable and other current liabilities.