v3.25.2
Segment Information (Schedule of Segments Information) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Revenues $ 3,039 $ 3,048 $ 5,469 $ 5,599
Significant segment expenses:        
Operating 1,526 1,532 2,879 2,876
Vehicle depreciation and lease charges, net 636 733 1,691 1,369
Selling, general and administrative 396 348 704 673
Vehicle interest, net 229 244 439 483
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes:        
Non-vehicle related depreciation and amortization 60 58 116 119
Other fleet charges     390  
Restructuring and other related charges 59 14 81 17
Transaction-related costs, net 0 1 0 2
Other (income) expense, net 5 2 11 3
Income (loss) before income taxes 15 27 (662) (115)
Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 3,039 3,048 5,469 5,599
Significant segment expenses:        
Reportable segment Adjusted EBITDA 302 234 232 263
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes:        
Non-vehicle related depreciation and amortization 60 61 115 118
Interest expense 4 0 6 2
Other fleet charges     390 0
Restructuring and other related charges 51 14 73 17
Transaction-related costs, net 0 1 0 2
Other (income) expense, net 5 2 11 3
Other segment expenses 12 12 13 9
Operating Segments | Americas        
Segment Reporting Information [Line Items]        
Revenues 2,332 2,361 4,239 4,354
Significant segment expenses:        
Operating 1,169 1,187 2,233 2,239
Vehicle depreciation and lease charges, net 484 559 1,017 1,046
Selling, general and administrative 264 222 464 429
Vehicle interest, net 195 207 372 410
Reportable segment Adjusted EBITDA 220 186 153 230
Operating Segments | International        
Segment Reporting Information [Line Items]        
Revenues 707 687 1,230 1,245
Significant segment expenses:        
Operating 329 320 603 609
Vehicle depreciation and lease charges, net 152 174 284 323
Selling, general and administrative 110 108 197 207
Vehicle interest, net 34 37 67 73
Reportable segment Adjusted EBITDA 82 48 79 33
Corporate and Other        
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes:        
Corporate and other 155 117 286 227
Interest expense $ 106 $ 88 $ 201 $ 169