v3.25.4
REVENUE EARNING EQUIPMENT, NET (Tables)
12 Months Ended
Dec. 31, 2025
Revenue Earning Equipment [Abstract]  
Schedule of Revenue Earning Equipment
(In millions)Estimated
Useful
Lives
December 31, 2025December 31, 2024
CostAccumulated
Depreciation
NetCostAccumulated
Depreciation
Net
Held for use:(In years)
Trucks
3 — 7
$6,183 $(2,216)$3,967 $6,252 $(2,210)$4,042 
Tractors
   4 — 7.5
6,567 (2,843)3,724 6,721 (2,739)3,982 
Trailers and other
9.5 — 12
1,754 (723)1,031 1,695 (671)1,024 
Held for sale
856 (680)176 781 (623)158 
Total$15,360 $(6,462)$8,898 $15,449 $(6,243)$9,206 
Schedule of Fair Value, Assets
The following table presents our assets held for sale that are measured at fair value on a nonrecurring basis and considered a Level 3 fair value measurement:
 December 31,
Losses from Valuation Adjustments
(In millions)20252024202520242023
Revenue earning equipment held for sale:
Trucks$26 $10 $21 $14 $
Tractors29 27 19 12 
Trailers and other5 7 
Total assets at fair value$60 $40 $47 $31 $20 
Schedule of Components of Used Vehicle Sales
The components of Used vehicle sales, net were as follows:
(In millions)202520242023
Gains on vehicle sales, net
$(69)$(103)$(216)
Losses from valuation adjustments47 31 20 
Used vehicle sales, net$(22)$(72)$(196)