XML 61 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Business Segments, Geographic Information, and Major Customers (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of revenue, gross profit, income from operations, depreciation and amortization and capital expenditures by segment 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,
 
2017
 
2016
 
2015
Revenue:
 
 
 
 
 
Aviation segment
$
14,538.2

 
$
10,914.4

 
$
11,739.8

Land segment
10,958.0

 
8,918.8

 
9,274.3

Marine segment
8,199.3

 
7,182.5

 
9,367.2

 
$
33,695.5

 
$
27,015.8

 
$
30,381.4

Gross profit:
 
 
 
 
 
Aviation segment
$
440.5

 
$
401.0

 
$
361.9

Land segment
365.8

 
348.5

 
309.5

Marine segment
126.0

 
149.5

 
189.6

 
$
932.2

 
$
899.0

 
$
861.0

Income from operations:
 
 
 
 
 
Aviation segment
$
192.9

 
$
160.5

 
$
132.2

Land segment
(7.9
)
 
70.8

 
101.4

Marine segment
(57.8
)
 
30.2

 
73.0

 
127.2

 
261.5

 
306.5

Corporate overhead - unallocated
(81.6
)
 
(72.7
)
 
(60.9
)
 
$
45.6

 
$
188.9

 
$
245.7

Depreciation and amortization:
 
 
 
 
 
Aviation segment
$
26.8

 
$
24.2

 
$
22.6

Land segment
49.8

 
47.1

 
32.9

Marine segment
5.8

 
6.6

 
6.4

Corporate
3.5

 
4.4

 
3.7

 
$
86.0

 
$
82.3

 
$
65.5

Capital expenditures:
 
 
 
 
 
Aviation segment
$
12.3

 
$
4.9

 
$
13.4

Land segment
21.0

 
12.3

 
16.4

Marine segment
1.5

 
6.1

 
8.0

Corporate
19.1

 
14.5

 
10.6

 
$
54.0

 
$
37.7

 
$
48.4


(1)
Includes a $52.4 million of restructuring charges and a $12.8 million impairment charge attributable to certain long term assets in 2017.
(2)
Includes a $79.1 million impairment charge attributable to the impairment of goodwill and other long term assets, and $1.4 million of restructuring charges in 2017.
Schedule of accounts receivable, net and total assets by segment Information concerning our accounts receivable, net, and total assets by segment is as follows (in millions):
 
As of December 31,
 
2017
 
2016
Accounts receivable, net:
 
 
 
Aviation segment, net of allowance for bad debt of $10.8 and $6.6 as of December 31, 2017 and December 31, 2016, respectively
$
1,013.0

 
$
776.0

Land segment, net of allowance for bad debt of $6.6 and $8.2 as of December 31, 2017 and December 31, 2016, respectively
874.7

 
737.5

Marine segment, net of allowance for bad debt of $10.4 and $10.2 as of December 31, 2017 and December 31, 2016, respectively
817.9

 
830.5

 
$
2,705.6

 
$
2,344.0

Total assets:
 
 
 
Aviation segment
$
2,240.4

 
$
2,050.6

Land segment
2,091.4

 
1,928.5

Marine segment
1,097.1

 
1,287.7

Corporate
158.9

 
145.8

 
$
5,587.8

 
$
5,412.6
Schedule of revenue, income from operations, non-current assets and total assets by geographic segment Information concerning our revenue and property and equipment, net, 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,
 
2017
 
2016
 
2015
Revenue:
 
 
 
 
 
United States
$
17,938.0

 
$
14,368.8

 
$
15,496.3

EMEA (1)
7,553.3

 
6,018.6

 
6,382.2

Asia Pacific (2)
4,923.0

 
4,271.1

 
5,863.4

Americas, excluding United States
3,281.2

 
2,357.2

 
2,639.5

Total
$
33,695.5

 
$
27,015.8

 
$
30,381.4

 
As of December 31,
 
2017
 
2016
Property and equipment, net:
 
 
 
United States
$
152.6

 
$
137.7

EMEA
120.2

 
122.9

Asia Pacific
10.4

 
1.4

Americas, excluding United States
46.7

 
49.1

Total
$
329.8

 
$
311.2

(1)
Includes revenue related to the U.K. of $5.0 billion, $4.1 billion and $4.7 billion for 2017, 2016 and 2015, respectively.
(2)
Includes revenue related to Singapore of $4.8 billion, $4.2 billion and $5.8 billion for 2017, 2016 and 2015, respectively.