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Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Schedule of Operating Lease, Lease Income
The following table presents our lease revenues disaggregated by geography:
Three Months Ended 
September 30,
Nine Months Ended 
September 30,
2023202220232022
Americas$2,715 $2,682 $7,120 $7,216 
Europe, Middle East and Africa646 654 1,518 1,468 
Asia and Australasia150 160 467 412 
Total lease revenues$3,511 $3,496 $9,105 $9,096 
The following table presents our lease revenues disaggregated by brand:
Three Months Ended 
September 30,
Nine Months Ended 
September 30,
2023202220232022
Avis$2,011 $1,926 $5,120 $4,915 
Budget1,298 1,356 3,430 3,598 
Other202 214 555 583 
Total lease revenues$3,511 $3,496 $9,105 $9,096 
_______
Other includes Zipcar and other operating brands.
Schedule of the Components of Lease Expense
The components of lease expense are as follows:
Three Months Ended 
September 30,
Nine Months Ended 
September 30,
2023202220232022
Property leases (a)
Operating lease expense$212 $184 $631 $513 
Variable lease expense136 169 327 423 
Total property lease expense$348 $353 $958 $936 
__________
(a)    Primarily within operating expenses.
Supplemental cash flow information related to leases is as follows:
Nine Months Ended 
September 30,
20232022
Cash payments for lease liabilities within operating activities:
Property operating leases$645 $537 
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities:
Property operating leases$914 $508 
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
As of 
September 30, 2023
As of 
December 31, 2022
Property leases
Operating lease ROU assets$2,661$2,405
Short-term operating lease liabilities (a)
$521$555
Long-term operating lease liabilities2,1781,884
Operating lease liabilities$2,699$2,439
Weighted average remaining lease term8.4 years8.2 years
Weighted average discount rate4.74 %4.30 %
_________
(a)    Included in accounts payable and other current liabilities.