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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Operating Lease, Lease Income
The following table presents our lease revenues disaggregated by geography:
Three Months Ended 
June 30,
Six Months Ended 
June 30,
2024202320242023
Americas$2,330 $2,410 $4,304 $4,405 
Europe, Middle East and Africa524 523 888 872 
Asia and Australasia140 148 311 317 
Total lease revenues$2,994 $3,081 $5,503 $5,594 

The following table presents our lease revenues disaggregated by brand:
Three Months Ended 
June 30,
Six Months Ended 
June 30,
2024202320242023
Avis$1,710 $1,721 $3,144 $3,109 
Budget1,105 1,168 2,014 2,132 
Other179 192 345 353 
Total lease revenues$2,994 $3,081 $5,503 $5,594 
________
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 
June 30,
Six Months Ended 
June 30,
2024202320242023
Property leases (a)
Operating lease expense$233 $214 $462 $419 
Variable lease expense93 108 162 191 
Total property lease expense$326 $322 $624 $610 
________
(a)    Primarily within operating expenses.
Supplemental cash flow information related to leases is as follows:
Six Months Ended 
June 30,
20242023
Cash payments for lease liabilities within operating activities:
Property operating leases$452 $431 
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities:
Property operating leases$572 $572 
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
As of 
June 30, 2024
As of 
December 31, 2023
Property leases
Operating lease ROU assets$2,754$2,654
Short-term operating lease liabilities (a)
$567$576
Long-term operating lease liabilities2,2342,117
Operating lease liabilities$2,801$2,693
Weighted average remaining lease term7.8 years8.1 years
Weighted average discount rate4.92 %4.83 %
________
(a)    Included in accounts payable and other current liabilities.