v3.26.3
Debt - Schedule of Debt (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Jun. 30, 2026
Dec. 31, 2025
Debt Instrument [Line Items]      
Unamortized Debt Issuance Costs and Net (Discount) Premium $ (330)   $ (231)
Total Debt - Hertz Global 17,911   17,054
The Hertz Corporation      
Debt Instrument [Line Items]      
Total Debt - Hertz Global 17,993   17,054
Hertz Global      
Debt Instrument [Line Items]      
Total Debt - Hertz Global 17,911   17,054
Non-Vehicle Debt      
Debt Instrument [Line Items]      
Total Debt - Hertz Global 5,953   5,425
Non-Vehicle Debt | The Hertz Corporation      
Debt Instrument [Line Items]      
Total Debt - Hertz Global 6,035   5,425
Non-Vehicle Debt | Hertz Global      
Debt Instrument [Line Items]      
Total Debt - Hertz Global $ 5,953   5,425
Term B Loan | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 7.58%    
Outstanding principal $ 1,232   1,242
Incremental Term B Loan | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 7.57%    
Outstanding principal $ 486   490
Term C Loan | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 7.58%    
Outstanding principal $ 245   245
First Lien Senior Notes | Senior Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 12.63%    
Outstanding principal $ 1,250   1,250
Exchangeable First Lien Notes Due 2030      
Debt Instrument [Line Items]      
Unamortized debt issuance costs $ 14    
Exchangeable First Lien Notes Due 2030 | Senior Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.75%    
Outstanding principal $ 380   0
Unamortized debt issuance costs $ (14)    
Effective interest rate 17.50%    
Unamortized debt discount $ 118 $ 115  
Exchangeable Notes Due 2029      
Debt Instrument [Line Items]      
Unamortized debt issuance costs 6   8
Unamortized debt discount $ 4   4
Exchangeable Notes Due 2029 | Senior Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 8.00%    
Outstanding principal $ 294   $ 271
Effective interest rate 17.00%   16.40%
Unamortized debt discount $ 61   $ 67
Exchangeable Notes Due 2030      
Debt Instrument [Line Items]      
Unamortized debt issuance costs $ 17   20
Exchangeable Notes Due 2030 | Senior Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.50%    
Outstanding principal $ 425   $ 425
Effective interest rate 12.00%   12.00%
Unamortized debt discount $ 87   $ 99
Senior Notes Due 2026 | Senior Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 4.63%    
Outstanding principal $ 199   200
Redemption of aggregate principal outstanding     300
Senior Notes Due 2029 | Senior Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.00%    
Outstanding principal $ 1,000   1,000
Other Non-Vehicle Debt      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 7.48%    
Outstanding principal $ 12   6
Fair Value of the Exchange Features 2029      
Debt Instrument [Line Items]      
Outstanding principal 13   78
Unamortized debt discount 83   79
Fair Value of the Exchange Feature 2030      
Debt Instrument [Line Items]      
Outstanding principal 11   54
Unamortized debt discount 103   103
Fair Value of the First Lien Exchangeable Feature      
Debt Instrument [Line Items]      
Outstanding principal 68   0
Unamortized debt discount 123    
Vehicle Debt      
Debt Instrument [Line Items]      
Unamortized Debt Issuance Costs and Net (Discount) Premium (69)   (50)
Total Debt - Hertz Global 11,958   11,629
HVF III U.S. Vehicle Variable Funding Notes      
Debt Instrument [Line Items]      
Outstanding principal $ 1,177   1,537
HVF III Series 2021-A Class A      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.43%    
Outstanding principal $ 877   1,237
HVF III Series 2021-A Class B      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 9.28%    
Outstanding principal $ 300   300
HVF III U.S. Vehicle Medium Term Notes      
Debt Instrument [Line Items]      
Outstanding principal $ 8,822   8,349
HVF III Series 2021-2 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 2.12%    
Outstanding principal $ 1,000   2,000
HVF III Series 2022-2 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 2.78%    
Outstanding principal $ 750   750
HVF III Series 2022-5 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 4.67%    
Outstanding principal $ 381   364
HVF III Series 2023-1 | Medium-term Notes      
Debt Instrument [Line Items]      
Outstanding principal $ 0   500
HVF III Series 2023-2 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.52%    
Outstanding principal $ 314   300
HVF III Series 2023-3 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.46%    
Outstanding principal $ 417   500
HVF III Series 2023-4 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.88%    
Outstanding principal $ 524   500
HVF III Series 2024-1 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.21%    
Outstanding principal $ 393   375
HVF III Series 2024-2 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.31%    
Outstanding principal $ 393   375
HVF III Series 2025-1 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.62%    
Outstanding principal $ 524   500
HVF III Series 2025-2 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.92%    
Outstanding principal $ 524   500
HVF III Series 2025-3 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.81%    
Outstanding principal $ 393   375
HVF III Series 2025-4 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.21%    
Outstanding principal $ 325   310
HVF III Series 2025-5 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.32%    
Outstanding principal $ 472   450
HVF III Series 2025-6 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.65%    
Outstanding principal $ 577   550
HVF III Series 2026-1 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.74%    
Outstanding principal $ 500   0
HVF III Series 2026-2 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.12%    
Outstanding principal $ 500   0
HVF III Series 2026-3 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.10%    
Outstanding principal $ 358   0
HVF III Series 2026-4 | Medium-term Notes      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.53%    
Outstanding principal $ 477   0
Vehicle Debt - Other      
Debt Instrument [Line Items]      
Outstanding principal $ 2,028   1,793
European ABS      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 4.89%    
Outstanding principal $ 1,047   965
Hertz Canadian Securitization      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 4.07%    
Outstanding principal $ 406   307
Australian Securitization      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.00%    
Outstanding principal $ 236   228
New Zealand RCF      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.79%    
U.K. ABS      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 5.56%    
Outstanding principal $ 137   109
Other Vehicle Debt      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 6.21%    
Outstanding principal $ 140   120
Finance lease liability 100   105
Share Lending Agreement      
Debt Instrument [Line Items]      
Unamortized debt issuance costs (82)   0
Share Lending Agreement | Senior Notes      
Debt Instrument [Line Items]      
Unamortized debt issuance costs $ (82)    
Revolving Credit Facility | First Lien RCF | Line of Credit      
Debt Instrument [Line Items]      
Weighted average interest rate (as a percent) 7.42%    
Outstanding principal $ 750   395
Revolving Credit Facility | New Zealand RCF | Line of Credit      
Debt Instrument [Line Items]      
Outstanding principal $ 62   $ 64