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SEGMENT REPORTING | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT REPORTING Our primary measurement of segment financial performance, defined as segment "Earnings from continuing operations before income taxes" (EBT), includes an allocation of costs from Central Support Services (CSS) and excludes Non-operating pension costs, net and certain other items as discussed in Note 15, "Other Items Impacting Comparability." Segment results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented. The following table sets forth financial information for each of our segments and provides a reconciliation between segment EBT and earnings from continuing operations before income taxes:
|  | Three months ended September 30, |  | Nine months ended September 30,
(In thousands) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Revenue: |  |  |  |  |  |  |  |
Fleet Management Solutions: |  |  |  |  |  |  |  |
ChoiceLease |  | $ | 791,156 |  |  | $ | 799,557 |  |  | $ | 2,396,075 |  |  | $ | 2,399,477 |
Commercial rental |  | 349,550 |  |  | 300,640 |  |  | 1,003,380 |  |  | 790,618 |
SelectCare and other |  | 162,520 |  |  | 147,384 |  |  | 492,878 |  |  | 450,272 |
Fuel services and ChoiceLease liability insurance (1) |  | 278,644 |  |  | 188,759 |  |  | 839,860 |  |  | 539,699 |
Fleet Management Solutions |  | 1,581,870 |  |  | 1,436,340 |  |  | 4,732,193 |  |  | 4,180,066 |
Supply Chain Solutions |  | 1,206,508 |  |  | 802,357 |  |  | 3,469,008 |  |  | 2,284,687 |
Dedicated Transportation Solutions |  | 454,328 |  |  | 380,357 |  |  | 1,329,504 |  |  | 1,055,575 |
Eliminations (2) |  | (207,242) |  |  | (160,005) |  |  | (607,717) |  |  | (457,420) |
Total revenue |  | $ | 3,035,464 |  |  | $ | 2,459,049 |  |  | $ | 8,922,988 |  |  | $ | 7,062,908 |
Earnings from continuing operations before income taxes: |  |  |  |  |  |  |  |
Fleet Management Solutions |  | $ | 265,301 |  |  | $ | 186,391 |  |  | $ | 798,822 |  |  | $ | 408,244 |
Supply Chain Solutions |  | 63,974 |  |  | 22,161 |  |  | 150,833 |  |  | 96,159 |
Dedicated Transportation Solutions |  | 28,150 |  |  | 11,324 |  |  | 71,517 |  |  | 37,468 |
Eliminations |  | (28,007) |  |  | (21,065) |  |  | (83,771) |  |  | (52,525) |
|  | 329,418 |  |  | 198,811 |  |  | 937,401 |  |  | 489,346 |
Unallocated Central Support Services |  | (21,041) |  |  | (17,027) |  |  | (60,813) |  |  | (53,323) |
Non-operating pension costs, net (3) |  | (2,647) |  |  | 148 |  |  | (8,015) |  |  | 530 |
Other items impacting comparability, net (4) |  | 28,474 |  |  | 1,274 |  |  | 55,873 |  |  | 20,493 |
Earnings from continuing operations before income taxes |  | $ | 334,204 |  |  | $ | 183,206 |  |  | $ | 924,446 |  |  | $ | 457,046 |
———————————— (1)In the first quarter of 2021, we completed the previously announced exit of the extension of our liability insurance coverage for ChoiceLease customers. (2)Represents the elimination of intercompany revenue in our FMS business segment. (3)Refer to Note 14, "Employee Benefit Plans," for a discussion on this item. (4)Refer to Note 15, "Other Items Impacting Comparability," for a discussion of items excluded from our primary measure of segment performance. The following table sets forth the capital expenditures paid for each of our segments:
|  | Three months ended September 30, |  | Nine months ended September 30,
(In thousands) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Fleet Management Solutions |  | $ | 655,734 |  |  | $ | 498,099 |  |  | $ | 1,767,573 |  |  | $ | 1,369,681 |
Supply Chain Solutions |  | 58,820 |  |  | 21,224 |  |  | 124,395 |  |  | 44,204 |
Dedicated Transportation Solutions |  | 251 |  |  | 299 |  |  | 1,705 |  |  | 861 |
Central Support Services |  | 6,887 |  |  | 3,664 |  |  | 23,031 |  |  | 12,938 |
Purchases of property and revenue earning equipment |  | $ | 721,692 |  |  | $ | 523,286 |  |  | $ | 1,916,704 |  |  | $ | 1,427,684 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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