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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule Of Segment Revenue and Net Before Tax Information by Segment | The following table set forth financial information regularly provided and reviewed by our Chair and Chief Executive Officer (our Chief Operating Decision Maker), to analyze financial performance, make strategic decisions and allocate resources. The table also provides a reconciliation between Segment EBT and Earnings from continuing operations before income taxes (in millions):
2024 |  | FMS |  | SCS |  | DTS |  | Elimination(1) |  | Total
Revenue |  | $ | 5,888 |  |  | $ | 5,300 |  |  | $ | 2,446 |  |  | $ | (998) |  |  | $ | 12,636 |
Direct operating costs |  | 4,638 |  |  | 4,735 |  |  | 2,270 |  |  |  |  |
Used vehicle sales, net |  | (72) |  |  | — |  |  | — |  |  |  |  |
Other segment items (3) |  | 806 |  |  | 233 |  |  | 51 |  |  |  |  |
Segment EBT |  | $ | 516 |  |  | $ | 332 |  |  | $ | 125 |  |  | $ | (134) |  |  | 839 |
Unallocated Central Support Services |  |  |  |  |  |  |  |  |  | (71) |
Intangible amortization expense (4) |  |  |  |  |  |  |  |  |  | (53) |
Non-operating pension costs, net (5) |  |  |  |  |  |  |  |  |  | (41) |
Other items impacting comparability, net (6) |  |  |  |  |  |  |  |  |  | (13) |
Earnings from continuing operations before income taxes |  |  |  |  |  |  |  |  |  | $ | 661 |
2023 |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 5,930 |  |  | $ | 4,875 |  |  | $ | 1,785 |  |  | $ | (807) |  |  | $ | 11,783 |
Direct operating costs |  | 4,651 |  |  | 4,420 |  |  | 1,634 |  |  |  |  |
Used vehicle sales, net (2) |  | (194) |  |  | — |  |  | — |  |  |  |  |
Other segment items (3) |  | 808 |  |  | 224 |  |  | 30 |  |  |  |  |
Segment EBT |  | $ | 665 |  |  | $ | 231 |  |  | $ | 121 |  |  | $ | (95) |  |  | 922 |
Unallocated Central Support Services |  |  |  |  |  |  |  |  |  | (72) |
Intangible amortization expense (4) |  |  |  |  |  |  |  |  |  | (35) |
Non-operating pension costs, net (5) |  |  |  |  |  |  |  |  |  | (40) |
Other items impacting comparability, net (6) |  |  |  |  |  |  |  |  |  | (157) |
Earnings from continuing operations before income taxes |  |  |  |  |  |  |  |  |  | $ | 618 |
2022 |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 6,327 |  |  | $ | 4,720 |  |  | $ | 1,786 |  |  | $ | (822) |  |  | $ | 12,011 |
Direct operating costs |  | 4,845 |  |  | 4,253 |  |  | 1,670 |  |  |  |  |
Used vehicle sales, net (2) |  | (401) |  |  | — |  |  | — |  |  |  |  |
Other segment items (3) |  | 826 |  |  | 249 |  |  | 13 |  |  |  |  |
Segment EBT |  | $ | 1,057 |  |  | $ | 218 |  |  | $ | 103 |  |  | $ | (114) |  |  | 1,264 |
Unallocated Central Support Services |  |  |  |  |  |  |  |  |  | (83) |
Intangible amortization expense (4) |  |  |  |  |  |  |  |  |  | (37) |
Non-operating pension costs, net (5) |  |  |  |  |  |  |  |  |  | (11) |
Other items impacting comparability, net (6) |  |  |  |  |  |  |  |  |  | 83 |
Earnings from continuing operations before income taxes |  |  |  |  |  |  |  |  |  | $ | 1,216 |
_______________ (1)Represents the intercompany revenues in our FMS business segment and Inter-Segment EBT. (2)In 2023, and 2022, Used vehicle sales, net gain of $2 million and $49 million, respectively, related to the FMS U.K.business exit is included in Other Items Impacting Comparability, net. (3)Other segment items for each reportable segment include indirect costs and also include Equipment Contribution for SCS and DTS. (4)Refer to Note 9, "Intangible Assets, Net," for a discussion on this item. (5)Refer to Note 19, "Employee Benefit Plans," for a discussion on this items. (6)Refer to Note 20, “Other Items Impacting Comparability,” for a discussion of items excluded from our primary measure of segment performance.
Schedule of Segment Information by Segment | The following table sets forth additional segment items as of and for the years ended presented:
(In millions) |  | FMS |  | SCS |  | DTS |  | CSS |  | Eliminations |  | Total
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Depreciation expense (1) |  | $ | 1,583 |  |  | 104 |  |  | 5 |  |  | 2 |  |  | $ | — |  |  | $ | 1,694 |
Other non-cash charges, net (2) |  | $ | 192 |  |  | 267 |  |  | 14 |  |  | 61 |  |  | — |  |  | $ | 534 |
Interest expense (income) (3) |  | $ | 362 |  |  | 17 |  |  | 8 |  |  | (1) |  |  | — |  |  | $ | 386 |
Capital expenditures paid |  | $ | 2,616 |  |  | 50 |  |  | 1 |  |  | 16 |  |  | — |  |  | $ | 2,683 |
Total assets |  | $ | 12,073 |  |  | 3,673 |  |  | 765 |  |  | 1,333 |  |  | (1,172) |  |  | $ | 16,672 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Depreciation expense (1) |  | $ | 1,571 |  |  | 136 |  |  | 3 |  |  | 2 |  |  | — |  |  | $ | 1,712 |
Other non-cash charges, net (2) |  | $ | 106 |  |  | 230 |  |  | 8 |  |  | 29 |  |  | — |  |  | $ | 373 |
Interest expense (income) (3) |  | $ | 292 |  |  | 8 |  |  | (3) |  |  | (1) |  |  | — |  |  | $ | 296 |
Capital expenditures paid |  | $ | 3,085 |  |  | 117 |  |  | 1 |  |  | 31 |  |  | — |  |  | $ | 3,234 |
Total assets |  | $ | 11,588 |  |  | 3,717 |  |  | 384 |  |  | 1,026 |  |  | (937) |  |  | $ | 15,778 |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |
Depreciation expense (1) |  | $ | 1,618 |  |  | 91 |  |  | 3 |  |  | 1 |  |  | — |  |  | $ | 1,713 |
Other non-cash charges, net (2) |  | $ | 90 |  |  | 173 |  |  | 4 |  |  | 50 |  |  | — |  |  | $ | 317 |
Interest expense (income) (3) |  | $ | 219 |  |  | 10 |  |  | (2) |  |  | 1 |  |  | — |  |  | $ | 228 |
Capital expenditures paid |  | $ | 2,442 |  |  | 155 |  |  | 2 |  |  | 32 |  |  | — |  |  | $ | 2,631 |
Total assets |  | $ | 10,811 |  |  | 3,043 |  |  | 380 |  |  | 904 |  |  | (743) |  |  | $ | 14,395 |
_______________ (1)Depreciation expense totaling $29 million in 2024, $28 million in 2023, and $27 million in 2022 associated with CSS assets was allocated to business segments based upon estimated and planned asset utilization. (2)Primarily includes operating lease ROU assets amortization. (3)Interest expense was primarily allocated to the FMS segment since borrowings were used principally to fund the purchase of FMS revenue earning equipment; however, interest was also reflected in SCS and DTS based on targeted segment leverage ratios.
Schedule of Geographic Information | Geographic Information
|  | December 31, |  |
(In millions) |  | 2024 |  | 2023 |  |
Long-lived assets: |  |  |  |  |  |
United States |  | $ | 9,758 |  |  | $ | 9,473 |  |  |
Foreign: |  |  |  |  |  |
Canada |  | 563 |  |  | 552 |  |  |
Mexico |  | 69 |  |  | 84 |  |  |
|  | 632 |  |  | 636 |  |  |
Total |  | $ | 10,390 |  |  | $ | 10,109 |  |  |

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- Definition Tabular disclosure of each significant reconciling item, other than profit (loss) or revenues, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References No definition available. + Details
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- Definition Tabular disclosure of the revenue and profit or loss 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. + References No definition available. + Details
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