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Business Segment, Geographic Information, and Major Customers | 12 Months Ended
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Dec. 31, 2015
Business Segments |
Business Segments, Geographic Information, and Major Customers | 11. Business Segments, Geographic Information, and Major Customers Business Segments Based on the nature of operations and quantitative thresholds pursuant to the accounting guidance on segment reporting, we have three reportable operating business segments: aviation, marine and land. Corporate expenses are allocated to the segments based on usage, where possible, or on other factors according to the nature of the activity. Please refer to Note 1 for the dates that the results of operations and related assets and liabilities of our acquisitions have been included in our operating segments. The accounting policies of the reportable operating segments are the same as those described in the Summary of Significant Accounting Policies (see Note 1). Information concerning our revenue, gross profit, income from operations, depreciation and amortization and capital expenditures by segment is as follows (in millions):
|  | For the Year ended December 31,
|  | 2015 |  | 2014 |  | 2013
Revenue: |  |  |  |  |  |  |  |  |
Aviation segment |  | $ | 11,738.2 |  | $ | 17,268.8 |  | $ | 16,087.6
Marine segment |  |  | 9,367.2 |  |  | 13,843.3 |  |  | 14,790.3
Land segment |  |  | 9,274.3 |  |  | 12,274.3 |  |  | 10,684.0
|  | $ | 30,379.7 |  | $ | 43,386.4 |  | $ | 41,561.9
Gross profit: |  |  |  |  |  |  |  |  |
Aviation segment |  | $ | 361.4 |  | $ | 321.6 |  | $ | 327.2
Marine segment |  |  | 189.6 |  |  | 205.6 |  |  | 177.1
Land segment |  |  | 309.5 |  |  | 286.4 |  |  | 248.5
|  | $ | 860.5 |  | $ | 813.6 |  | $ | 752.8
Income from operations: |  |  |  |  |  |  |  |  |
Aviation segment |  | $ | 131.7 |  | $ | 142.3 |  | $ | 150.9
Marine segment |  |  | 73.0 |  |  | 90.0 |  |  | 73.8
Land segment |  |  | 103.4 |  |  | 90.3 |  |  | 84.8
|  |  | 308.1 |  |  | 322.6 |  |  | 309.5
Corporate overhead – unallocated |  |  | 60.9 |  |  | 53.5 |  |  | 45.0
|  | $ | 247.2 |  | $ | 269.1 |  | $ | 264.5
Depreciation and amortization: |  |  |  |  |  |  |  |  |
Aviation segment, includes allocation from corporate |  | $ | 22.5 |  | $ | 15.4 |  | $ | 15.9
Marine segment, includes allocation from corporate |  |  | 6.4 |  |  | 5.6 |  |  | 5.4
Land segment, includes allocation from corporate |  |  | 30.8 |  |  | 34.7 |  |  | 20.8
Corporate |  |  | 3.7 |  |  | 3.7 |  |  | 2.6
|  | $ | 63.4 |  | $ | 59.4 |  | $ | 44.7
Capital expenditures: |  |  |  |  |  |  |  |  |
Aviation segment |  | $ | 13.4 |  | $ | 9.0 |  | $ | 5.8
Marine segment |  |  | 8.0 |  |  | 13.9 |  |  | 17.3
Land segment |  |  | 16.4 |  |  | 16.0 |  |  | 54.3
Corporate |  |  | 10.6 |  |  | 12.9 |  |  | 5.3
|  | $ | 48.4 |  | $ | 51.8 |  | $ | 82.7
Information concerning our accounts receivable, net, goodwill, identifiable intangible assets, net and total assets by segment is as follows (in millions):
|  | As of December 31,
|  | 2015 |  | 2014
Accounts receivable, net: |  |  |  |  |  |
Aviation segment, net of allowance for bad debt of $6.1 and $7.9 as of December 31, 2015 and 2014 respectively |  | $ | 571.6 |  | $ | 685.1
Marine segment, net of allowance for bad debt of $10.6 and $8.4 as of December 31, 2015 and 2014 respectively |  |  | 611.2 |  |  | 974.0
Land segment, net of allowance for bad debt of $7.2 and $9.4 as of December 31, 2015 and 2014 respectively |  |  | 629.8 |  |  | 647.3
|  | $ | 1,812.6 |  | $ | 2,306.4
Goodwill: |  |  |  |  |  |
Aviation segment |  | $ | 173.7 |  | $ | 174.3
Marine segment |  |  | 71.4 |  |  | 73.1
Land segment |  |  | 430.7 |  |  | 405.9
|  | $ | 675.8 |  | $ | 653.3
Identifiable intangible assets, net: |  |  |  |  |  |
Aviation segment |  | $ | 64.7 |  | $ | 72.9
Marine segment |  |  | 6.0 |  |  | 7.2
Land segment |  |  | 140.2 |  |  | 137.5
|  | $ | 210.9 |  | $ | 217.6
Total assets: |  |  |  |  |  |
Aviation segment |  | $ | 1,546.4 |  | $ | 1,636.5
Marine segment |  |  | 1,165.6 |  |  | 1,483.0
Land segment |  |  | 1,651.5 |  |  | 1,570.6
Corporate |  |  | 185.9 |  |  | 190.9
|  | $ | 4,549.4 |  | $ | 4,881.0
Geographic Information Information concerning our revenue, income from operations, non‑current assets and total assets, as segregated between the Americas, EMEA (Europe, Middle East and Africa) and the Asia/Pacific regions, is presented as follows, based on the country of incorporation of the relevant subsidiary (in millions):
|  | For the Year ended December 31,
|  | 2015 |  | 2014 |  | 2013
Revenue: |  |  |  |  |  |  |  |  |
United States |  | $ | 15,494.6 |  | $ | 21,514.3 |  | $ | 21,149.2
EMEA (1) |  |  | 6,382.2 |  |  | 8,612.8 |  |  | 7,017.5
Asia/Pacific (2) |  |  | 5,863.4 |  |  | 9,844.7 |  |  | 10,215.4
Americas, excluding United States |  |  | 2,639.5 |  |  | 3,414.6 |  |  | 3,179.8
Total |  | $ | 30,379.7 |  | $ | 43,386.4 |  | $ | 41,561.9
Income from operations: |  |  |  |  |  |  |  |  |
United States |  | $ | 16.9 |  | $ | 52.2 |  | $ | 50.0
EMEA |  |  | 157.7 |  |  | 121.7 |  |  | 109.6
Asia/Pacific |  |  | 54.4 |  |  | 74.7 |  |  | 70.6
Americas, excluding United States |  |  | 18.2 |  |  | 20.5 |  |  | 34.3
Total |  | $ | 247.2 |  | $ | 269.1 |  | $ | 264.5
|  | As of December 31,
|  | 2015 |  | 2014
Non-current assets: |  |  |  |  |  |
United States |  | $ | 639.9 |  | $ | 548.1
EMEA |  |  | 604.6 |  |  | 595.4
Asia/Pacific |  |  | 5.3 |  |  | 12.3
Americas, excluding United States |  |  | 45.0 |  |  | 51.8
Total |  | $ | 1,294.8 |  | $ | 1,207.6
Total assets: |  |  |  |  |  |
United States |  | $ | 1,899.3 |  | $ | 1,908.1
EMEA |  |  | 1,719.5 |  |  | 1,697.7
Asia/Pacific |  |  | 614.9 |  |  | 922.7
Americas, excluding United States |  |  | 315.7 |  |  | 352.5
Total |  | $ | 4,549.4 |  | $ | 4,881.0
| (1) |  | Includes revenue related to the United Kingdom of $4.7 billion, $6.2 billion and $5.0 billion for 2015, 2014 and 2013, respectively.
(2) Includes revenue related to Singapore of $5.8 billion, $9.7 billion and $10.1 billion for 2015, 2014 and 2013, respectively. Major Customers During each of the years presented on the consolidated statements of income and comprehensive income, none of our customers accounted for more than 10% of total consolidated revenue.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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