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  "documentTitle": "2025 Q4 Investor Presentation",
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  "notes": "The slide provides a detailed breakdown of operational and financial metrics for the global rental business, including definitions for clarity.",
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      "text": "Vehicle Utilization represents the ratio of Transaction Days to Available Car Days, serving as a critical measure of how effectively the Company is utilizing its fleet to generate revenue.",
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      "text": "Note: Global represents Americas RAC and International RAC segment information on a combined basis and excludes Corporate. (A) Based on December 31, 2024 foreign exchange rates. (B) Calculated as Transaction Days divided by Available Car Days.",
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      "text": "Definitions for Available Car Days, Average Vehicles, Average Rentable Vehicles, Vehicle Utilization, and Depreciation Per Unit Per Month.",
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      "text": "GLOBAL KEY METRICS",
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