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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2024
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 June 30,
|  |  |  | 2024 |  | 2023
|  |  |  | Revenues |  | Adjusted EBITDA |  | Revenues |  | Adjusted EBITDA
Americas | $ | 2,361 |  |  | $ | 186 |  |  | $ | 2,428 |  |  | $ | 631 |
International | 687 |  |  | 48 |  |  | 695 |  |  | 126 |
Corporate and Other (a) | — |  |  | (20) |  |  | — |  |  | (20) |
| Total Company | $ | 3,048 |  |  | $ | 214 |  |  | $ | 3,123 |  |  | $ | 737 |
Reconciliation of Adjusted EBITDA to Income before income taxes:
|  |  | 2024 |  |  |  | 2023
Adjusted EBITDA |  |  | $ | 214 |  |  |  |  | $ | 737 |
Less: | Non-vehicle related depreciation and amortization |  | 58 |  |  |  |  | 52 |
|  | Interest expense related to corporate debt, net: |  |  |  |  |  |
|  | Interest expense |  | 88 |  |  |  |  | 68 |
|  | Early extinguishment of debt |  | 1 |  |  |  |  | — |
|  | Restructuring and other related charges |  | 14 |  |  |  |  | 1 |
|  | Transaction-related costs, net |  | 1 |  |  |  |  | — |
|  | Other (income) expense, net (b) |  | 2 |  |  |  |  | 4 |
|  | Reported within operating expenses: |  |  |  |  |  |
|  | Cloud computing costs |  | 11 |  |  |  |  | 9 |
|  | Legal matters, net |  | 12 |  |  |  |  | 5 |
Income before income taxes |  |  | $ | 27 |  |  |  |  | $ | 598 |
__________ (a)Includes unallocated corporate overhead which is not attributable to a particular segment. (b)Primarily consists of gains or losses related to our equity investment in a former subsidiary, offset by fleet related and certain administrative services provided to the same former subsidiary.
|  |  |  | Six Months Ended June 30,
|  |  |  | 2024 |  | 2023
|  |  |  | Revenues |  | Adjusted EBITDA |  | Revenues |  | Adjusted EBITDA
Americas | $ | 4,354 |  |  | $ | 230 |  |  | $ | 4,444 |  |  | $ | 1,147 |
International | 1,245 |  |  | 33 |  |  | 1,236 |  |  | 176 |
Corporate and Other (a) | — |  |  | (37) |  |  | — |  |  | (51) |
| Total Company | $ | 5,599 |  |  | $ | 226 |  |  | $ | 5,680 |  |  | $ | 1,272 |
Reconciliation of Adjusted EBITDA to Income (loss) before income taxes:
|  |  | 2024 |  |  |  | 2023
Adjusted EBITDA |  |  | $ | 226 |  |  |  |  | $ | 1,272 |
Less: | Non-vehicle related depreciation and amortization |  | 119 |  |  |  |  | 108 |
|  | Interest expense related to corporate debt, net: |  |  |  |  |  |
|  | Interest expense |  | 171 |  |  |  |  | 141 |
|  | Early extinguishment of debt |  | 1 |  |  |  |  | — |
|  | Restructuring and other related charges |  | 17 |  |  |  |  | 5 |
|  | Transaction-related costs, net |  | 2 |  |  |  |  | — |
|  | Other (income) expense, net (b) |  | 3 |  |  |  |  | 2 |
|  | Reported within operating expenses: |  |  |  |  |  |
|  | Cloud computing costs |  | 21 |  |  |  |  | 16 |
|  | Legal matters, net |  | 7 |  |  |  |  | 5 |
Income (loss) before income taxes |  |  | $ | (115) |  |  |  |  | $ | 995 |
________ (a)Includes unallocated corporate overhead which is not attributable to a particular segment. (b)Primarily consists of gains or losses related to our equity investment in a former subsidiary, offset by fleet related and certain administrative services provided to the same former subsidiary.

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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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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