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SEGMENT REPORTING (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Revenue and Net Before Tax Information by Segment
The following tables sets forth financial information for each of our segments and provides a reconciliation between segment EBT and Earnings from continuing operations before income taxes (in millions):
Three months ended September 30, 2025
FMSSCSDTS
Elimination (1)
Total
Revenue $1,465 $1,380 $570 $(244)$3,171 
Direct operating costs1,118 1,227 527 
Used vehicle sales, net(3)— — 
Other segment items (2)
204 67 7 
Segment EBT$146 $86 $36 (33)235 
Unallocated Central Support Services(21)
Intangible amortization expense (3)
(14)
Non-operating pension costs, net (4)
(10)
Earnings from continuing operations before income taxes$190 
Three months ended September 30, 2024
Revenue$1,470 $1,317 $633 $(252)$3,168 
Direct operating costs1,154 1,166 580 
Used vehicle sales, net(15)— — 
Other segment items (2)
199 58 17 
Segment EBT$132 $93 $36 (34)227 
Unallocated Central Support Services(17)
Intangible amortization expense (3)
(11)
Non-operating pension costs, net (4)
(10)
Other items impacting comparability, net
(1)
Earnings from continuing operations before income taxes$188 
_______________ 
(1)Represents the intercompany revenues in our FMS business segment and inter-segment EBT.
(2)Other segment items for each reportable segment include indirect costs and also include Equipment Contribution for SCS and DTS. 
(3)Included within "Selling, general and administrative expenses" in our Condensed Consolidated Statements of Earnings.
(4)Refer to Note 13, Employee Benefit Plans," for further discussion.
Nine months ended September 30, 2025
FMSSCSDTS
Elimination (1)
Total
Revenue $4,379 $4,077 $1,778 $(744)$9,490 
Direct operating costs3,402 3,612 1,653 
Used vehicle sales, net(10)— — 
Other segment items (2)
621 194 25 
Segment EBT$366 $271 $100 (100)637 
Unallocated Central Support Services(63)
Intangible amortization expense (3)
(39)
Non-operating pension costs, net (4)
(27)
Earnings from continuing operations before income taxes$508 
Nine months ended September 30, 2024
Revenue$4,403 $3,960 $1,831 $(747)$9,447 
Direct operating costs3,489 3,538 1,689 
Used vehicle sales, net(54)— — 
Other segment items (2)
603 180 51 
Segment EBT$365 $242 $91 (97)601 
Unallocated Central Support Services(52)
Intangible amortization expense (3)
(33)
Non-operating pension costs, net (4)
(31)
Other items impacting comparability, net
(5)
Earnings from continuing operations before income taxes$480 
_______________ 
(1)Represents the intercompany revenues in our FMS business segment and inter-segment EBT.
(2)Other segment items for each reportable segment include indirect costs and also include Equipment Contribution for SCS and DTS. 
(3)Included within "Selling, general and administrative expenses" in our Condensed Consolidated Statements of Earnings.
(4)Refer to Note 13, Employee Benefit Plans," for further discussion.
Schedule of Segment Information by Segment
The following table sets forth depreciation expense and other non-cash charges, net, interest expense and purchase of property and revenue earning equipment for the three and nine months ended September 30, 2025 and 2024, as provided to the chief operating decision maker (CODM) for each of our business segments. Total assets of our business segments are not provided to the CODM.

(In millions)
Depreciation expense and other non-cash charges, net (1)
Interest expense
Purchases of property and revenue earning equipment
Three months ended September 30,202520242025202420252024
FMS$435 $426 $95 $92 $464 $576 
SCS101 94 5 4 58 15 
DTS3 6 2 2 1 — 
CSS16 10 — — 4 8 
Total$555 $536 $102 $98 $527 $599 


(In millions)
Depreciation expense and other non-cash charges, net (1)
Interest expense
Purchases of property and revenue earning equipment
Nine months ended September 30,202520242025202420252024
FMS$1,316 $1,306 $284 $268 $1,601 $1,866 
SCS295 281 14 12 115 45 
DTS14 28 6 6 2 1 
CSS45 37 — — 12 10 
Total$1,670 $1,652 $304 $286 $1,730 $1,922 
_______________ 
(1)Other non-cash charges, net primarily includes operating lease right-of-use (ROU) assets amortization.