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Business Segments (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of revenue, gross profit and income from operations by segment
Information concerning our revenue, gross profit and income from operations by segment is as follows (in millions):
 
 
For the Three Months Ended
 
For the Six Months Ended
 
 
June 30,
 
June 30,
Revenue:
 
2019
 
2018
 
2019
 
2018
Aviation segment
 
$
4,785.0

 
$
4,900.7

 
$
9,037.7

 
$
9,193.6

Land segment
 
2,663.0

 
2,960.2

 
5,156.6

 
5,820.9

Marine segment
 
2,011.4

 
2,289.9

 
3,943.9

 
4,317.7

 
 
$
9,459.4

 
$
10,150.8

 
$
18,138.2

 
$
19,332.2

 
 
 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
 
 
Aviation segment
 
$
140.5

 
$
127.4

 
$
254.8

 
$
237.3

Land segment
 
91.7

 
88.6

 
193.2

 
190.8

Marine segment
 
36.4

 
30.2

 
71.6

 
61.5

 
 
$
268.6

 
$
246.2

 
$
519.7

 
$
489.6

Income from operations:
 
 
 
 
 
 
 
 
Aviation segment
 
$
73.5

 
$
64.2

 
$
129.1

 
$
112.0

Land segment
 
11.8

 
10.2

 
32.8

 
29.9

Marine segment
 
10.1

 
7.9

 
23.6

 
16.4

 
 
95.4

 
82.3

 
185.5

 
158.3

Corporate overhead - unallocated
 
(20.2
)
 
(21.2
)
 
(40.0
)
 
(40.0
)
 
 
$
75.2

 
$
61.1

 
$
145.6

 
$
118.3


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
 
 
June 30,
 
December 31,
 
 
2019
 
2018
Accounts receivable, net:
 
 
 
 
Aviation segment, net of allowance for bad debt of $14.4 and $17.7 as of June 30, 2019 and December 31, 2018, respectively
 
$
1,099.1

 
$
992.2

Land segment, net of allowance for bad debt of $3.3 and $2.7 as of June 30, 2019 and December 31, 2018, respectively
 
872.2

 
846.1

Marine segment, net of allowance for bad debt of $20.3 and $19.0 as of June 30, 2019 and December 31, 2018, respectively
 
776.5

 
901.2

 
 
$
2,747.9

 
$
2,739.6

Total assets:
 
 

 
 

Aviation segment
 
$
2,400.6

 
$
2,261.0

Land segment
 
2,123.6

 
2,178.1

Marine segment
 
1,014.3

 
1,124.2

Corporate
 
212.7

 
113.6

 
 
$
5,751.2

 
$
5,676.9