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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Operating Lease, Lease Income
The following table presents our lease revenues disaggregated by geography:
Three Months Ended 
March 31,
20252024
Americas$1,885 $1,974 
Europe, Middle East and Africa342 364 
Asia and Australasia158 171 
Total lease revenues$2,385 $2,509 

The following table presents our lease revenues disaggregated by brand:
Three Months Ended 
March 31,
20252024
Avis$1,345 $1,434 
Budget874 909 
Other (a)
166 166 
Total lease revenues$2,385 $2,509 
__________
(a)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 
March 31,
20252024
Property leases
Operating lease expense$232 $229 
Variable lease expense59 69 
Total property lease expense (a)
$291 $298 
__________
(a)Primarily included within operating expenses.
Supplemental cash flow information related to leases is as follows:
Three Months Ended 
March 31,
20252024
Cash payments for lease liabilities within operating activities:
Property operating leases$235 $266 
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities:
Property operating leases$326 $380 
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
As of 
March 31, 2025
As of 
December 31, 2024
Property leases
Operating lease ROU assets$3,167$3,057
Short-term operating lease liabilities (a)
$627$628
Long-term operating lease liabilities2,5932,484
Operating lease liabilities$3,220$3,112
Weighted average remaining lease term8.0 years8.0 years
Weighted average discount rate5.30 %4.98 %
__________
(a)Included within accounts payable and other current liabilities.