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Business Segments (Tables)
9 Months Ended
Sep. 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 Nine Months Ended
 
 
September 30,
 
September 30,
Revenue:
 
2019
 
2018
 
2019
 
2018
Aviation segment
 
$
4,743.0

 
$
5,025.3

 
$
13,780.8

 
$
14,218.9

Land segment
 
2,555.8

 
2,854.4

 
7,712.4

 
8,675.3

Marine segment
 
2,023.9

 
2,549.8

 
5,967.7

 
6,867.5

 
 
$
9,322.7

 
$
10,429.5

 
$
27,460.9

 
$
29,761.7

 
 
 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
 
 
Aviation segment
 
$
156.9

 
$
140.7

 
$
411.7

 
$
378.0

Land segment
 
95.4

 
83.0

 
288.6

 
273.8

Marine segment
 
53.4

 
43.0

 
125.0

 
104.5

 
 
$
305.7

 
$
266.7

 
$
825.3

 
$
756.3

Income from operations:
 
 
 
 
 
 
 
 
Aviation segment
 
$
86.3

 
$
76.4

 
$
215.4

 
$
188.3

Land segment
 
13.4

 
7.8

 
46.2

 
37.7

Marine segment
 
20.6

 
14.4

 
44.2

 
30.9

 
 
120.3

 
98.6

 
305.9

 
256.9

Corporate overhead - unallocated
 
(26.7
)
 
(20.5
)
 
(66.7
)
 
(60.4
)
 
 
$
93.6

 
$
78.2

 
$
239.2

 
$
196.4


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
 
 
September 30,
 
December 31,
 
 
2019
 
2018
Accounts receivable, net:
 
 
 
 
Aviation segment, net of allowance for bad debt of $15.8 and $17.7 as of September 30, 2019 and December 31, 2018, respectively
 
$
1,074.7

 
$
992.2

Land segment, net of allowance for bad debt of $3.1 and $2.7 as of September 30, 2019 and December 31, 2018, respectively
 
820.9

 
846.1

Marine segment, net of allowance for bad debt of $18.4 and $19.0 as of September 30, 2019 and December 31, 2018, respectively
 
793.2

 
901.2

 
 
$
2,688.8

 
$
2,739.6

Total assets:
 
 

 
 

Aviation segment
 
$
2,416.4

 
$
2,261.0

Land segment
 
2,114.3

 
2,178.1

Marine segment
 
1,032.7

 
1,124.2

Corporate
 
234.1

 
113.6

 
 
$
5,797.5

 
$
5,676.9