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THC - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares issued (in shares) 530,730,089 486,543,836
Common stock, shares outstanding (in shares) 355,918,045 311,731,792
Total assets [1] $ 23,872 $ 22,311
Total liabilities [1] 24,500 22,770
Variable Interest Entity, Primary Beneficiary    
Total assets 1,300 1,100
Total liabilities $ 1,300 $ 1,100
The Hertz Corporation    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 3,000 3,000
Common stock, shares issued (in shares) 100 100
Common stock, shares outstanding (in shares) 100 100
Total assets [2] $ 23,868 $ 22,308
Total liabilities [2] 24,495 22,551
The Hertz Corporation | Variable Interest Entity, Primary Beneficiary    
Total assets 1,400 1,300
Total liabilities 1,400 1,300
Non-vehicle    
Accounts receivable, allowance for credit loss 99 91
Non-vehicle | The Hertz Corporation    
Accounts receivable, allowance for credit loss $ 99 $ 91
[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.
[2] The Hertz Corporation's consolidated total assets as of June 30, 2026 and December 31, 2025 include total assets of VIEs of $1.4 billion and $1.3 billion, respectively, which can only be used to settle obligations of the VIEs. The Hertz Corporation'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 The Hertz Corporation. See "Pledges Related to Vehicle Financing" in Note 5, "Debt," for further information.