v3.19.3
Select Historical Segment Financial Change (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of Disaggregation of Revenue Revenue is presented in the following tables for the three and nine months ended September 30, 2018 and 2019, respectively (in millions):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2018
 
2019
 
2018
 
2019
Rides revenue
 
$
2,371


$
2,866

 
$
6,842

 
$
7,590

Vehicle Solutions revenue (1)
 
31


3

 
119

 
16

Other revenue
 
23


26

 
76

 
83

Total Rides revenue
 
2,425

 
2,895

 
7,037

 
7,689

Eats revenue
 
394

 
645

 
1,023

 
1,776

Freight revenue
 
122

 
218

 
231

 
512

Other Bets revenue
 
3

 
38

 
5

 
84

ATG and Other Technology Programs collaboration revenue (2)
 
—

 
17

 
—

 
17

Total revenue
 
$
2,944

 
$
3,813

 
$
8,296

 
$
10,078

(1) The Company accounts for Vehicle Solutions revenue as an operating lease as defined under ASC 840 for 2018 and ASC 842 in 2019.
(2) Refer to Note 17 - Non-Controlling Interests for further information on collaboration revenue.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2018

2019
 
2018
 
2019
United States and Canada
 
$
1,734


$
2,407

 
$
4,724

 
$
6,269

Latin America ("LATAM")
 
515


527

 
1,580

 
1,394

Europe, Middle East and Africa ("EMEA")
 
431


534

 
1,233

 
1,527

Asia Pacific ("APAC") (1)
 
264


345

 
759

 
888

Total revenue
 
$
2,944


$
3,813

 
$
8,296

 
$
10,078

(1) Excluding China and, as of May 2018, also excludes Southeast Asia.
Schedule of Segment Reporting Information, by Segment
The following table provides information about the Company’s segments and a reconciliation of the total segment adjusted EBITDA to loss from operations (in millions):
 
 
Three Months Ended September 30,

Nine Months Ended September 30,
 
 
2018

2019

2018

2019
Segment adjusted EBITDA:
 
 
 
 
 
 
 
 
Rides
 
$
416


$
631


$
1,346


$
1,329

Eats
 
(189
)

(316
)

(323
)

(911
)
Freight
 
(31
)

(81
)

(79
)

(162
)
Other Bets
 
(12
)

(72
)

(12
)

(184
)
ATG and Other Technology Programs
 
(132
)

(124
)

(432
)

(369
)
Total segment adjusted EBITDA
 
52


38


500


(297
)
Reconciling items:
 
 
 
 
 
 
 
 
Corporate G&A and Platform R&D (1), (2)
 
(501
)

(623
)

(1,403
)

(1,813
)
Depreciation and amortization
 
(131
)

(102
)

(317
)

(371
)
Stock-based compensation expense
 
(64
)

(401
)

(147
)

(4,353
)
Legal, tax, and regulatory reserve changes and settlements
 
(56
)

27


(308
)

(353
)
Driver appreciation award
 
—


—


—


(299
)
Payroll tax on IPO stock-based compensation
 
—


—


—


(86
)
Asset impairment/loss on sale of assets
 
(54
)

—


(167
)

(8
)
Acquisition and financing related expenses
 
—


—


(15
)

—

Gain on restructuring of lease arrangement
 
—


—


4


—

Impact of 2018 Divested Operations (1), (3)
 
(9
)

—


(127
)

—

Restructuring charges
 
—

 
(45
)
 
—

 
(45
)
Loss from operations
 
$
(763
)

$
(1,106
)

$
(1,980
)

$
(7,625
)
(1) Excluding stock-based compensation expense.
(2) Includes costs that are not directly attributable to the Company’s reportable segments. Corporate G&A also includes certain shared costs such as finance, accounting, tax, human resources, information technology and legal costs. Platform R&D also includes mapping and payment technologies and support and development of the internal technology infrastructure. The Company’s allocation methodology is periodically evaluated and may change.
(3) Defined as the Company’s 2018 operations in (i) Southeast Asia prior to the sale of those operations to Grab and (ii) Russia/CIS prior to the formation of the Company’s Yandex.Taxi joint venture.