XML 48 R39.htm IDEA: XBRL DOCUMENT
v3.23.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segments Information | We believe Adjusted EBITDA is useful as a supplemental measure in evaluating the performance of our operating businesses and in comparing our results from period to period. We also believe that Adjusted EBITDA is useful to investors because it allows them to assess our results of operations and financial condition on the same basis that management uses internally. Our presentation of Adjusted EBITDA may not be comparable to similarly titled measures used by other companies.
|  |  |  | Three Months Ended March 31,
|  |  |  | 2023 |  | 2022
|  |  |  | Revenues |  | Adjusted EBITDA |  | Revenues |  | Adjusted EBITDA
Americas | $ | 2,016 |  |  | $ | 516 |  |  | $ | 2,000 |  |  | $ | 810 |
International | 541 |  |  | 50 |  |  | 432 |  |  | 23 |
Corporate and Other (a) | — |  |  | (31) |  |  | — |  |  | (23) |
| Total Company | $ | 2,557 |  |  | $ | 535 |  |  | $ | 2,432 |  |  | $ | 810 |
Reconciliation of Adjusted EBITDA to income before income taxes:
|  |  | 2023 |  |  |  | 2022
Adjusted EBITDA |  |  | $ | 535 |  |  |  |  | $ | 810 |
Less: | Non-vehicle related depreciation and amortization |  | 56 |  |  |  |  | 58
|  | Interest expense related to corporate debt, net |  | 73 |  |  |  |  | 53 |
|  | Restructuring and other related charges |  | 4 |  |  |  |  | 8 |
|  | Other (income) expense, net (b) |  | (2) |  |  |  |  | — |
|  | Reported within operating expenses: |  |  |  |  |  |
|  | Cloud computing costs |  | 7 |  |  |  |  | 2 |
|  | COVID-19 charges |  | — |  |  |  |  | (7) |
|  | Unprecedented personal-injury and other legal matters, net |  | — |  |  |  |  | 1 |
Income before income taxes |  |  | $ | 397 |  |  |  |  | $ | 695 |
__________ (a)Includes unallocated corporate overhead which is not attributable to a particular segment. (b)Primarily consists of fleet related services as well as certain administrative services provided to a former subsidiary.

X
- 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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=121556970&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 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration