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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Selected Financial Data for Each Reportable Segment
Selected financial data for our segments is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2024202320242023
Revenue
North American LTL$1,251 $1,228 $3,743 $3,484 
European Transportation803 752 2,407 2,320 
Total$2,053 $1,980 $6,150 $5,804 
Adjusted EBITDA
North American LTL$284 $241 $836 $631 
European Transportation44 44 131 127 
Corporate(7)(3)(26)
Total Adjusted EBITDA333 278 964 732 
Less:
Debt extinguishment loss— — — 23 
Interest expense 56 41 170 126 
Income tax provision40 31 60 48 
Depreciation and amortization expense126 110 365 318 
Transaction and integration costs (1)
13 39 47 
Restructuring costs (2)
17 35 
Other— — 
Income from continuing operations$95 $86 $312 $134 
Depreciation and amortization expense
North American LTL$89 75 $257 $214 
European Transportation36 35 106 100 
Corporate— 
Total$126 $110 $365 $318 
(1)    Transaction and integration costs for the periods ended September 30, 2024 and September 30, 2023 are primarily comprised of stock-based compensation for certain employees related to strategic initiatives. Transaction and integration costs for the three months ended September 30, 2024 and 2023 include $1 million and $1 million, respectively, related to our European Transportation segment, and $12 million and $7 million, respectively, related to Corporate. Transaction and integration costs for the nine months ended September 30, 2024 and 2023 include $1 million and $0 million, respectively, related to our North American LTL segment, $2 million and $2 million, respectively, related to our European Transportation segment, and $36 million and $45 million, respectively, related to Corporate.
(2)    Restructuring costs for the three months ended September 30, 2024 and 2023 include $2 million and $1 million, respectively, related to our European Transportation segment, and $1 million and $0 million, respectively, related to Corporate. Restructuring costs for the nine months ended September 30, 2024 and 2023 include $2 million and $10 million, respectively, related to our North American LTL segment, $13 million and $9 million, respectively, related to our European Transportation segment, and $2 million and $16 million, respectively, related to Corporate. See Note 4— Restructuring Charges for further information on our restructuring actions.