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Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Segment Reporting [Abstract] |
Summary of Operating Segments | Year Ended December 31, 2019
| Americas |  | International |  | Corporate and Other (a) |  | Total
Revenues | $ | 6,352 |  |  | $ | 2,820 |  |  | $ | — |  |  | $ | 9,172 |
Vehicle depreciation and lease charges, net | 1,462 |  |  | 601 |  |  | — |  |  | 2,063 |
Vehicle interest, net | 284 |  |  | 60 |  |  | — |  |  | 344 |
Adjusted EBITDA | 652 |  |  | 203 |  |  | (67 | ) |  | 788 |
Non-vehicle depreciation and amortization | 161 |  |  | 94 |  |  | 8 |  |  | 263 |
Assets exclusive of assets under vehicle programs | 6,226 |  |  | 2,995 |  |  | 90 |  |  | 9,311 |
Assets under vehicle programs | 10,508 |  |  | 3,307 |  |  | — |  |  | 13,815 |
Capital expenditures (excluding vehicles) | 162 |  |  | 62 |  |  | 26 |  |  | 250 |
__________
(a) | Primarily represents unallocated corporate expenses and receivables from our former subsidiaries.
Year Ended December 31, 2018
| Americas |  | International |  | Corporate and Other (a) |  | Total
Revenues | $ | 6,186 |  |  | $ | 2,938 |  |  | $ | — |  |  | $ | 9,124 |
Vehicle depreciation and lease charges, net | 1,568 |  |  | 611 |  |  | — |  |  | 2,179 |
Vehicle interest, net | 252 |  |  | 62 |  |  | — |  |  | 314 |
Adjusted EBITDA | 558 |  |  | 287 |  |  | (64 | ) |  | 781 |
Non-vehicle depreciation and amortization | 152 |  |  | 104 |  |  | — |  |  | 256 |
Assets exclusive of assets under vehicle programs | 3,782 |  |  | 2,495 |  |  | 93 |  |  | 6,370 |
Assets under vehicle programs | 9,670 |  |  | 3,109 |  |  | — |  |  | 12,779 |
Capital expenditures (excluding vehicles) | 134 |  |  | 76 |  |  | 21 |  |  | 231 |
__________
(a) | Primarily represents unallocated corporate expenses and receivables from our former subsidiaries.
Year Ended December 31, 2017
| Americas |  | International |  | Corporate and Other (a) |  | Total
Revenues | $ | 6,100 |  |  | $ | 2,748 |  |  | $ | — |  |  | $ | 8,848 |
Vehicle depreciation and lease charges, net | 1,671 |  |  | 550 |  |  | — |  |  | 2,221 |
Vehicle interest, net | 226 |  |  | 60 |  |  | — |  |  | 286 |
Adjusted EBITDA | 486 |  |  | 305 |  |  | (56 | ) |  | 735 |
Non-vehicle depreciation and amortization | 168 |  |  | 91 |  |  | — |  |  | 259 |
Assets exclusive of assets under vehicle programs | 3,388 |  |  | 2,353 |  |  | 79 |  |  | 5,820 |
Assets under vehicle programs | 9,017 |  |  | 2,862 |  |  | — |  |  | 11,879 |
Capital expenditures (excluding vehicles) | 122 |  |  | 62 |  |  | 13 |  |  | 197 |
__________
(a) | Primarily represents unallocated corporate expenses and receivables from our former subsidiaries.
Reconciliation of Adjusted EBITDA to Income (Loss) | Provided below is a reconciliation of Adjusted EBITDA to income before income taxes.
|  | For the Year Ended December 31,
|  | 2019 |  | 2018 |  | 2017
Adjusted EBITDA | $ | 788 |  |  | $ | 781 |  |  | $ | 735 |
Less: Non-vehicle related depreciation and amortization (a) | 263 |  |  | 256 |  |  | 259 |
| Interest expense related to corporate debt, net | 178 |  |  | 188 |  |  | 188 |
| Early extinguishment of corporate debt | 12 |  |  | 19 |  |  | 3 |
| Restructuring and other related charges | 80 |  |  | 22 |  |  | 63 |
| Transaction-related costs, net | 10 |  |  | 20 |  |  | 23 |
| Non-operational charges related to shareholder activist activity (b) | 2 |  |  | 9 |  |  | — |
| Impairment | — |  |  | — |  |  | 2 |
| Charges for legal matter, net (c) | — |  |  | — |  |  | (14 | )
| Gain on sale of equity method investment in China (c) | (44 | ) |  | — |  |  | — |
Income before income taxes | $ | 287 |  |  | $ | 267 |  |  | $ | 211 |
__________
(a) | Inc ludes amortization of intangible assets recognized in purchase accounting of $56 million in 2019, $61 million in 2018 and $58 million in 2017.
(b) | Reported within selling, general and administrative expenses in our Consolidated Statements of Operations.
(c) | Reported within operating expenses in our Consolidated Statements of Operations.
Summary of Geographic Segment Information | The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries.
| United States |  | All Other Countries |  | Total
2019 |  |  |  |  |
Revenues | $ | 5,867 |  |  | $ | 3,305 |  |  | $ | 9,172 |
Assets exclusive of assets under vehicle programs | 5,830 |  |  | 3,481 |  |  | 9,311 |
Assets under vehicle programs | 9,824 |  |  | 3,991 |  |  | 13,815 |
Net long-lived assets | 1,536 |  |  | 1,155 |  |  | 2,691 |
2018 |  |  |  |  |
Revenues | $ | 5,708 |  |  | $ | 3,416 |  |  | $ | 9,124 |
Assets exclusive of assets under vehicle programs | 3,494 |  |  | 2,876 |  |  | 6,370 |
Assets under vehicle programs | 9,021 |  |  | 3,758 |  |  | 12,779 |
Net long-lived assets | 1,476 |  |  | 1,177 |  |  | 2,653 |
2017 |  |  |  |  |
Revenues | $ | 5,629 |  |  | $ | 3,219 |  |  | $ | 8,848 |
Assets exclusive of assets under vehicle programs | 3,069 |  |  | 2,751 |  |  | 5,820 |
Assets under vehicle programs | 8,192 |  |  | 3,687 |  |  | 11,879 |
Net long-lived assets | 1,451 |  |  | 1,176 |  |  | 2,627 |

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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