v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
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,
2026202520262025
Americas$2,265 $2,308 $4,206 $4,193 
Europe, Middle East and Africa527 543 882 885 
Asia and Australasia154 138 342 296 
Total lease revenues$2,946 $2,989 $5,430 $5,374 
The following table presents our lease revenues disaggregated by brand:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
2026202520262025
Avis$1,682 $1,687 $3,082 $3,032 
Budget1,123 1,120 2,063 1,994 
Other (a)
141 182 285 348 
Total lease revenues$2,946 $2,989 $5,430 $5,374 
__________
(a)Other includes Zipcar and other operating brands.
Schedule of Components of Lease Expense
The components of lease expense are as follows:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
2026202520262025
Property leases
Operating lease expense$245 $237 $492 $469 
Variable lease expense96 89 165 148 
Total property lease expense (a)
$341 $326 $657 $617 
__________
(a)Primarily included within operating expenses.
Supplemental cash flow information related to leases is as follows:
Six Months Ended 
June 30,
20262025
Cash payments for lease liabilities within operating activities:
Property operating leases$531 $474 
Non-cash activities - increase in right-of-use assets in exchange for lease liabilities:
Property operating leases$497 $553 
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,
20262025
Property leases
Operating lease right-of-use assets$3,197$3,239
Short-term operating lease liabilities (a)
$621$680
Long-term operating lease liabilities2,6322,614
Operating lease liabilities$3,253$3,294
Weighted average remaining lease term8.1 years7.6 years
Weighted average discount rate5.45 %5.35 %
__________
(a)Included within accounts payable and other current liabilities.