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Revenue Recognition
 12 Months Ended
Dec. 31, 2024
Revenue Recognition [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregated Revenue

We report revenue in two categories: (i) parts and services and (ii) other.

Parts revenue is generated from the sale of vehicle products including replacement parts, components and systems used in the repair and maintenance of vehicles and specialty products and accessories to improve the performance, functionality and appearance of vehicles. Services revenue includes (i) additional services that are generally billed concurrently with the related product sales, such as the sale of service-type warranties, (ii) fees for admission to our self service yards, and (iii) diagnostic and repair services.
For Wholesale - North America and Self Service, vehicle replacement products include sheet metal collision parts such as doors, hoods, and fenders; bumper covers; head and tail lamps; mirrors; grilles; wheels; and large mechanical items such as engines and transmissions. For Europe, and to a lesser extent for Wholesale - North America, vehicle replacement products include a wide variety of small mechanical products such as brake pads, discs and sensors; clutches; electrical products such as spark plugs and batteries; steering and suspension products; filters; and oil and automotive fluids. Additionally, in both our Wholesale - North America and Europe segments, we sell paint and paint related consumables for refinishing vehicles. For our Specialty operations, we serve seven product segments: truck and off-road; speed and performance; recreational vehicles; towing; wheels, tires and performance handling; marine; and miscellaneous accessories.

Other revenue includes sales of scrap and precious metals (platinum, palladium, and rhodium), bulk sales to mechanical manufacturers (including cores) and sales of aluminum ingots and sows from furnace operations. We derive scrap metal and other precious metals from several sources in both our Wholesale - North America and Self Service segments, including vehicles that have been used in our recycling operations and vehicles from OEMs and other entities that contract with us for secure disposal of "crush only" vehicles. Revenue from the sale of hulks in our Wholesale - North America and Self Service segments is recognized based on a price per ton of delivered material when the customer (processor) collects the scrap.

The following table sets forth our revenue disaggregated by category and reportable segment (in millions):

Year Ended December 31,
 202420232022
Wholesale - North America$5,465 $4,974 $4,207 
Europe6,386 6,303 5,711 
Specialty1,654 1,665 1,788 
Self Service 213 232 227 
Parts and services13,718 13,174 11,933 
Wholesale - North America297 307 349 
Europe21 20 24 
Self Service319 365 488 
Other637 692 861 
Total revenue$14,355 $13,866 $12,794 

Variable Consideration

Amounts related to variable consideration on our Consolidated Balance Sheets are as follows (in millions):

December 31,
 Classification20242023
Return assetPrepaid expenses and other current assets$67 $68 
Refund liabilityRefund liability126 132 
Variable consideration reserveReceivables, net of allowance for credit losses136 155 
Revenue by Geographic Area

Our net sales are attributed to geographic area based on the location of the selling operation. The following table sets forth our revenue by geographic area (in millions):

Year Ended December 31,
 202420232022
Revenue
United States$6,837 $6,826 $6,632 
Germany1,732 1,672 1,523 
United Kingdom1,692 1,679 1,550 
Other countries4,094 3,689 3,089 
Total revenue$14,355 $13,866 $12,794