v3.26.1
Debt - Narrative (Details)
$ / shares in Units, $ in Millions, $ in Millions, € in Billions
 1 Months Ended 3 Months Ended 6 Months Ended
Jul. 31, 2026
USD ($)
Jun. 30, 2026
USD ($)
$ / shares
shares
Feb. 28, 2026
USD ($)
Jun. 30, 2026
USD ($)
$ / shares
shares
Mar. 31, 2026
USD ($)
Jun. 30, 2026
USD ($)
$ / shares
shares
Dec. 31, 2026
USD ($)
Dec. 31, 2026
CAD ($)
Sep. 30, 2026
USD ($)
May 31, 2026
USD ($)
Apr. 30, 2026
USD ($)
Apr. 30, 2026
EUR (€)
Apr. 30, 2026
CAD ($)
Apr. 30, 2026
AUD ($)
Mar. 31, 2026
CAD ($)
Dec. 31, 2025
USD ($)
Sep. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Debt Instrument [Line Items]                                    
Net carrying amount   $ 19,080,000,000   $ 19,080,000,000   $ 19,080,000,000                        
Remaining Capacity   2,992,000,000   2,992,000,000   2,992,000,000                        
Assets [1]   23,872,000,000   23,872,000,000   23,872,000,000                   $ 22,311,000,000    
Liabilities [1]   24,500,000,000   24,500,000,000   24,500,000,000                   22,770,000,000    
Hertz Fleet Financing UK Limited                                    
Debt Instrument [Line Items]                                    
Assets   147,000,000   147,000,000   147,000,000                   135,000,000    
Liabilities   147,000,000   147,000,000   $ 147,000,000                   135,000,000    
Variable Interest Entity, Primary Beneficiary                                    
Debt Instrument [Line Items]                                    
Ownership percentage           25.00%                        
Assets   1,300,000,000   1,300,000,000   $ 1,300,000,000                   1,100,000,000    
Liabilities   1,300,000,000   1,300,000,000   1,300,000,000                   1,100,000,000    
Letter of Credit                                    
Debt Instrument [Line Items]                                    
Outstanding standby letters of credit   1,100,000,000   1,100,000,000   1,100,000,000                        
Alternative Letter Of Credit Facility                                    
Debt Instrument [Line Items]                                    
Line of credit facility, increase, net     $ 200,000,000     300,000,000                        
Exchangeable Notes Due 2029                                    
Debt Instrument [Line Items]                                    
Unamortized debt discount   3,000,000   3,000,000   3,000,000                   4,000,000    
Net carrying amount   282,000,000   282,000,000   282,000,000                        
Exchangeable Notes Due 2029 | Senior Notes                                    
Debt Instrument [Line Items]                                    
Aggregate principal amount                                   $ 250,000,000
Interest rate                                   8.00%
Increase in principal amount         $ 11,000,000                          
Unamortized discount, additional amount         $ 4,000,000                          
Unamortized debt discount   64,000,000   64,000,000   64,000,000                   67,000,000    
Fair value of the exchange features   26,000,000   26,000,000   26,000,000                   78,000,000    
Net carrying amount   234,000,000   234,000,000   234,000,000                   270,000,000    
Exchangeable Notes Due 2030                                    
Debt Instrument [Line Items]                                    
Net carrying amount   425,000,000   425,000,000   425,000,000                        
Exchangeable Notes Due 2030 | Senior Notes                                    
Debt Instrument [Line Items]                                    
Aggregate principal amount                                 $ 425,000,000  
Interest rate                                 5.50%  
Unamortized debt discount   91,000,000   91,000,000   91,000,000                   99,000,000    
Fair value of the exchange features   21,000,000   21,000,000   21,000,000                   54,000,000    
Net carrying amount   337,000,000   337,000,000   337,000,000                   $ 360,000,000    
Exchangeable First Lien Notes Due 2030                                    
Debt Instrument [Line Items]                                    
Net carrying amount   350,000,000   350,000,000   350,000,000                        
Exchangeable First Lien Notes Due 2030 | Senior Notes                                    
Debt Instrument [Line Items]                                    
Aggregate principal amount   $ 350,000,000   $ 350,000,000   $ 350,000,000                        
Interest rate   6.75%   6.75%   6.75%                        
Additional aggregate principal   $ 50,000,000   $ 50,000,000   $ 50,000,000                        
Number of shares issued upon conversion (in shares) | shares   63,457,320                                
Conversion ratio   0.2795248                                
Initial exchange price (in dollars per share) | $ / shares   $ 3.58   $ 3.58   $ 3.58                        
Redemption price (as a percent)   100.00%                                
Threshold percentage of stock price trigger   130.00%                                
Unamortized debt discount   $ 115,000,000   $ 115,000,000   $ 115,000,000                        
Fair value of the exchange features   $ 110,000,000   $ 110,000,000   $ 110,000,000                        
Borrowed shares (in shares) | shares   37,037,037   37,037,037   37,037,037                        
Debt issuance cost   $ 85,000,000   $ 85,000,000   $ 85,000,000                        
Fair value of the borrowed Shares   $ 84,000,000   84,000,000   84,000,000                        
Gain (loss) in fair value recognized in earnings       $ 5,000,000   $ 5,000,000                        
Exchangeable First Lien Notes Due 2030 | Senior Notes | Subsequent Event                                    
Debt Instrument [Line Items]                                    
Increase in principal amount $ 30,000,000                                  
Exchangeable First Lien Notes Due 2030 | Senior Notes | Interest Rate, Payment in Cash                                    
Debt Instrument [Line Items]                                    
Interest rate   3.375%   3.375%   3.375%                        
Exchangeable First Lien Notes Due 2030 | Senior Notes | Interest Rate, Payment In Kind                                    
Debt Instrument [Line Items]                                    
Interest rate   3.375%   3.375%   3.375%                        
HVF III Series 2021-A Class A | Debt Maturity May 2027                                    
Debt Instrument [Line Items]                                    
Net carrying amount                     $ 3,200,000,000              
HVF III Series 2021-A Class A | Debt Maturity May 2028                                    
Debt Instrument [Line Items]                                    
Net carrying amount                     3,000,000,000.0              
HVF III U.S. Vehicle Medium Term Notes | Medium-term Notes                                    
Debt Instrument [Line Items]                                    
Net carrying amount                     $ 221,000,000              
HVF III Series 2026-1 | Senior Notes | Debt Maturity November 2029                                    
Debt Instrument [Line Items]                                    
Net carrying amount                   $ 500,000,000                
HVF III Series 2026-2 | Senior Notes | Debt Maturity November 2031                                    
Debt Instrument [Line Items]                                    
Net carrying amount                   $ 500,000,000                
European ABS                                    
Debt Instrument [Line Items]                                    
Remaining Capacity   $ 538,000,000   $ 538,000,000   $ 538,000,000                        
European ABS | Debt Maturity April 2027                                    
Debt Instrument [Line Items]                                    
Maximum borrowing capacity | €                       € 1.4            
European ABS | Debt Maturity April 2028                                    
Debt Instrument [Line Items]                                    
Maximum borrowing capacity | €                       € 1.1            
Hertz Canadian Securitization                                    
Debt Instrument [Line Items]                                    
Maximum borrowing capacity                         $ 625   $ 475      
Hertz Canadian Securitization | Forecast                                    
Debt Instrument [Line Items]                                    
Maximum borrowing capacity               $ 475                    
Australian Securitization                                    
Debt Instrument [Line Items]                                    
Maximum borrowing capacity                           $ 400        
Remaining Capacity   9,000,000   9,000,000   9,000,000                        
First Lien RCF                                    
Debt Instrument [Line Items]                                    
Remaining Capacity   $ 356,000,000   $ 356,000,000   $ 356,000,000                        
Maximum consolidated leverage ratio   3.5   3.5 3.0 3.5                 3.0      
First Lien RCF | Revolving Credit Facility                                    
Debt Instrument [Line Items]                                    
Outstanding standby letters of credit   $ 493,000,000   $ 493,000,000   $ 493,000,000                        
First Lien RCF | Forecast                                    
Debt Instrument [Line Items]                                    
Maximum consolidated leverage ratio             3.0 3.0 3.5                  
First Lien RCF | Line of Credit                                    
Debt Instrument [Line Items]                                    
Debt instrument, covenant, liquidity, monthly minimum   400,000,000   400,000,000 $ 500,000,000 400,000,000                        
First Lien RCF | Line of Credit | Forecast                                    
Debt Instrument [Line Items]                                    
Debt instrument, covenant, liquidity, monthly minimum             $ 500,000,000   $ 400,000,000                  
Unsecured Letter of Credit Facility | Letter of Credit                                    
Debt Instrument [Line Items]                                    
Outstanding standby letters of credit   326,000,000   326,000,000   326,000,000                        
Term C Loan | Letter of Credit                                    
Debt Instrument [Line Items]                                    
Outstanding standby letters of credit   245,000,000   245,000,000   245,000,000                        
Term C Loan | Medium-term Notes                                    
Debt Instrument [Line Items]                                    
Remaining Capacity   0   0   0                        
Term C Loan and First Lien Revolving Credit Facility | Medium-term Notes                                    
Debt Instrument [Line Items]                                    
Net carrying amount   $ 0   $ 0   $ 0                        
[1] Hertz Global Holdings, Inc.'s consolidated total assets as of June 30, 2026 and December 31, 2025 include total assets of variable interest entities (“VIEs”) of $1.4 billion and $1.3 billion, respectively, which can only be used to settle obligations of the VIEs. Hertz Global Holdings, Inc.'s consolidated total liabilities as of June 30, 2026 and December 31, 2025 include total liabilities of VIEs of $1.4 billion and $1.3 billion, respectively, for which the creditors of the VIEs have no recourse to Hertz Global Holdings, Inc. See "Pledges Related to Vehicle Financing" in Note 5, "Debt," for further information.