XML 42 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2025
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,
2025202420252024
Americas$2,597 $2,587 $6,790 $6,891 
Europe, Middle East and Africa710 660 1,595 1,548 
Asia and Australasia151 145 447 456 
Total lease revenues$3,458 $3,392 $8,832 $8,895 

The following table presents our lease revenues disaggregated by brand:
Three Months Ended 
September 30,		Nine Months Ended 
September 30,
2025202420252024
Avis$1,961 $1,953 $4,993 $5,097 
Budget1,312 1,247 3,306 3,261 
Other (a)
185 192 533 537 
Total lease revenues$3,458 $3,392 $8,832 $8,895 
__________
(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 
September 30,		Nine Months Ended 
September 30,
2025202420252024
Property leases
Operating lease expense$241 $229 $710 $691 
Variable lease expense128 117 276 279 
Total property lease expense (a)
$369 $346 $986 $970 
__________
(a)Primarily included within operating expenses.
Supplemental cash flow information related to leases is as follows:
Nine Months Ended 
September 30,
20252024
Cash payments for lease liabilities within operating activities:
Property operating leases$718 $710 
Non-cash activities - increase (decrease) in ROU assets in exchange for lease liabilities:
Property operating leases$825 $945 
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
As ofAs of
September 30,December 31,
20252024
Property leases
Operating lease ROU assets$3,222$3,057
Short-term operating lease liabilities (a)
$656$628
Long-term operating lease liabilities2,6192,484
Operating lease liabilities$3,275$3,112
Weighted average remaining lease term7.7 years8.0 years
Weighted average discount rate5.36 %4.98 %
__________
(a)Included within accounts payable and other current liabilities.