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SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Financial information of business segments

The following tables set forth financial information for each of our segments and provide a reconciliation between segment EBT and earnings from continuing operations before income taxes for the three and nine months ended September 30, 2019 and 2018. Prior period segment amounts have been revised to reflect the adoption of ASC 842.

			FMS						DTS						SCS						Eliminations						Total
			(In thousands)
For the three months ended September 30, 2019
Revenue from external customers			$	1,247,121					359,211						617,600						—						2,223,932
Inter-segment revenue			150,225						—						—						(150,225)						—
Total revenue			$	1,397,346					359,211						617,600						(150,225)						2,223,932
Segment EBT (1)			$	(108,550)					18,490						34,595						(6,118)						(61,583)
Unallocated CSS																											(11,432)
Non-operating pension costs (2)																											(6,885)
Restructuring and other items, net (3)																											(11,360)
Earnings from continuing operations before income taxes																											$	(91,260)
Segment capital expenditures paid (4)			$	723,555					727						9,965						—						734,247
Unallocated CSS capital expenditures paid																											12,224
Capital expenditures paid																											$	746,471
For the three months ended September 30, 2018
Revenue from external customers			1,190,534						340,604						628,544						—						2,159,682
Inter-segment revenue			147,237						—						—						(147,237)						—
Total revenue			1,337,771						340,604						628,544						(147,237)						2,159,682
Segment EBT			97,782						13,929						36,516						(16,063)						132,164
Unallocated CSS																											(12,686)
Non-operating pension costs (2)																											(1,161)
Restructuring and other items, net (3)																											546
Earnings from continuing operations before income taxes																											118,863
Segment capital expenditures paid (4)			769,426						473						2,652						—						772,551
Unallocated CSS capital expenditures paid																											6,154
Capital expenditures paid																											778,705

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(1)FMS EBT includes higher depreciation expense as a result of the change in vehicle residual value estimates. See Note 4, "Revenue Earning Equipment, net," for additional information.

(2)Non-operating pension costs include the amortization of net actuarial loss and prior service costs, interest costs and expected return on plan assets.

(3)See Note 14, "Other Items Impacting Comparability," for additional information.

(4)Excludes revenue earning equipment acquired under finance leases.

			FMS						DTS						SCS						Eliminations						Total
			(In thousands)
For the nine months ended September 30, 2019
Revenue from external customers			$	3,675,594					1,071,076						1,902,582						—						6,649,252
Inter-segment revenue			464,261						—						—						(464,261)						—
Total revenue			$	4,139,855					1,071,076						1,902,582						(464,261)						6,649,252
Segment EBT (1)			$	10,107					63,034						112,686						(42,586)						143,241
Unallocated CSS																											(34,461)
Non-operating pension costs (2)																											(20,060)
Restructuring and other items, net (3)																											(27,374)
Gain on sale of property (3)																											18,614
Earnings from continuing operations before income taxes																											$	79,960
Segment capital expenditures paid (4)			$	2,890,773					1,587						35,459						—						2,927,819
Unallocated CSS capital expenditures paid																											29,413
Capital expenditures paid																											$	2,957,232
For the nine months ended September 30, 2018
Revenue from external customers			3,455,820						970,196						1,727,775						—						6,153,791
Inter-segment revenue			420,730						—						—						(420,730)						—
Total revenue			3,876,550						970,196						1,727,775						(420,730)						6,153,791
Segment EBT			228,681						45,433						98,912						(44,644)						328,382
Unallocated CSS																											(34,336)
Non-operating pension costs (2)																											(3,241)
Restructuring and other items, net (3)																											(17,349)
Earnings from continuing operations before income taxes																											273,456
Segment capital expenditures paid (4)			2,150,490						1,115						31,268						—						2,182,873
Unallocated CSS capital expenditures paid																											17,133
Capital expenditures paid																											2,200,006

————————————

(1)FMS EBT includes higher depreciation expense as a result of the change in vehicle residual value estimates. See Note 4, "Revenue Earning Equipment, net," for additional information.

(2)Non-operating pension costs include the amortization of net actuarial loss and prior service costs, interest costs and expected return on plan assets.

(3)See Note 14, "Other Items Impacting Comparability," for additional information.

(4)Excludes revenue earning equipment acquired under capital leases.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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