v3.26.1
Vehicle Rental Activities (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
The components of vehicles, net within assets under vehicle programs are as follows: 
As ofAs of
June 30,December 31,
20262025
Rental vehicles (a)
$22,057 $21,011 
Less: Accumulated depreciation(2,846)(2,859)
19,211 18,152 
Vehicles held for sale 207 432 
Vehicles, net investment in lease (b)
171 136 
Vehicles, net$19,589 $18,720 
__________
(a)For the year ended December 31, 2025, reflects long-lived asset impairment and other related charges, which reduced the carrying value of our rental vehicles to fair value.
(b)See Note 15 – Related Party Transactions.
The components of vehicle depreciation and lease charges, net are summarized below:
 Three Months Ended 
June 30,		Six Months Ended 
June 30,
2026202520262025
Depreciation expense$623 $657 $1,273 $1,350 
Lease charges28 33 52 61 
(Gain) loss on sale of vehicles, net (a)
(68)(54)(78)280 
Vehicle depreciation and lease charges, net$583 $636 $1,247 $1,691 
__________
(a)For the six months ended June 30, 2025, includes other fleet charges of $390 million related to the disposal of certain fleet in our Americas reportable segment.