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Vehicle Rental Activities (Tables)
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net Useful lives are as follows:
Buildings
up to 30 years
Furniture, fixtures & equipment
3 to 10 years
Capitalized software
3 to 7 years
Buses and support vehicles
4 to 15 years
The components of vehicles, net within assets under vehicle programs are as follows: 
As of December 31,
20252024
Rental vehicles (a)
$21,011 $20,094 
Less: Accumulated depreciation(2,859)(3,143)
18,152 16,951 
Vehicles held for sale (a)
432 594 
Vehicles, net investment in lease (b)
136 74 
Vehicles, net$18,720 $17,619 
_________
(a)    For the year ended December 31, 2025, reflects long-lived asset impairment and other related charges, which reduced the carrying value of our rental vehicles to fair value. For the year ended December 31, 2024, reflects long-lived asset impairment and other related charges, which reduced the carrying value of our rental vehicles and vehicles held for sale to fair value. See Note 2 – Summary of Significant Accounting Policies.
(b)    See Note 17 – Related Party Transactions.
The components of vehicle depreciation and lease charges, net are summarized below:
Year Ended December 31,
202520242023
Depreciation expense$2,657 $2,658 $2,228 
Lease charges120 151 167 
(Gain) loss on sale of vehicles, net (a)
238 167 (656)
Vehicle depreciation and lease charges, net$3,015 $2,976 $1,739 
_________
(a)    For the year ended December 31, 2025, includes other fleet charges of $390 million related to the disposal of certain fleet in our Americas reportable segment.
Property and equipment, net consisted of:
As of December 31,
20252024
Land$63 $61 
Buildings and leasehold improvements704 616 
Capitalized software943 981 
Furniture, fixtures and equipment509 484 
Projects in process134 92 
Buses and support vehicles94 94 
2,447 2,328 
Less: Accumulated depreciation and amortization(1,699)(1,631)
Property and equipment, net$748 $697