v3.26.1
Segment Information - Schedule of Segments Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Revenues $ 2,998 $ 3,039 $ 5,528 $ 5,469
Significant segment expenses:        
Operating 1,526 1,526 2,948 2,879
Vehicle depreciation and lease charges, net 583 636 1,247 1,691
Selling, general and administrative 385 396 726 704
Vehicle interest, net 232 229 461 439
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes:        
Non-vehicle related depreciation and amortization 60 60 118 116
Other fleet charges       390
Restructuring and other related charges 18 59 53 81
Transaction-related costs, net 9 0 15 0
Other (income) expense, net 1 5 7 11
Loss before income taxes 73 15 (267) (662)
Operating Segments        
Segment Reporting [Line Items]        
Revenues 2,998 3,039 5,528 5,469
Significant segment expenses:        
Reportable segment Adjusted EBITDA 310 302 217 232
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes:        
Non-vehicle related depreciation and amortization 58 60 116 115
Interest expense 2 4 7 6
Other fleet charges     0 390
Restructuring and other related charges 17 51 52 73
Transaction-related costs, net     4 0
Other (income) expense, net 1 5 7 11
Other segment expenses 0 12 1 13
Operating Segments | Americas        
Segment Reporting [Line Items]        
Revenues 2,288 2,332 4,250 4,239
Significant segment expenses:        
Operating 1,170 1,169 2,260 2,233
Vehicle depreciation and lease charges, net 443 484 975 1,017
Selling, general and administrative 241 264 464 464
Vehicle interest, net 197 195 394 372
Reportable segment Adjusted EBITDA 237 220 157 153
Operating Segments | International        
Segment Reporting [Line Items]        
Revenues 710 707 1,278 1,230
Significant segment expenses:        
Operating 341 329 657 603
Vehicle depreciation and lease charges, net 140 152 272 284
Selling, general and administrative 121 110 222 197
Vehicle interest, net 35 34 67 67
Reportable segment Adjusted EBITDA 73 82 60 79
Corporate and Other        
Reconciliation of reportable segment Adjusted EBITDA to loss before income taxes:        
Corporate and other 159 155 297 286
Interest expense $ 106 $ 106 $ 210 $ 201