XML 54 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

Business Segments, Geographic Information and Major Customers (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
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 and income from operations by segment is as follows (in millions):
| For the Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Revenue: |  |  |  |  |
Aviation segment | $ | 8,179.6 |  |  | $ | 18,479.5 |  |  | $ | 19,119.7 |
Land segment | 6,663.1 |  |  | 10,280.9 |  |  | 11,381.1 |
Marine segment | 5,515.7 |  |  | 8,058.5 |  |  | 9,249.5 |
| $ | 20,358.3 |  |  | $ | 36,819.0 |  |  | $ | 39,750.3 |
Gross profit: |  |  |  |  |
Aviation segment | $ | 352.9 |  |  | $ | 551.6 |  |  | $ | 507.8 |
Land segment | 347.6 |  |  | 378.9 |  |  | 364.9 |
Marine segment | 151.4 |  |  | 181.5 |  |  | 145.8 |
| $ | 851.8 |  |  | $ | 1,112.0 |  |  | $ | 1,018.5 |
Income from operations:(1) |  |  |  |  |
Aviation segment | $ | 84.5 |  |  | $ | 283.9 |  |  | $ | 250.6 |
Land segment | 72.6 |  |  | 55.0 |  |  | 47.8 |
Marine segment | 58.5 |  |  | 67.1 |  |  | 37.8 |
| 215.6 |  |  | 406.1 |  |  | 336.3 |
Corporate overhead - unallocated | (77.8) |  |  | (106.4) |  |  | (76.6) |
| $ | 137.9 |  |  | $ | 299.7 |  |  | $ | 259.7 |
Depreciation and amortization |  |  |  |  |
Aviation segment | $ | 31.5 |  |  | $ | 28.5 |  |  | $ | 27.5 |
Land segment | 45.3 |  |  | 48.0 |  |  | 46.5 |
Marine segment | 3.8 |  |  | 4.5 |  |  | 2.2 |
Corporate segment | 5.2 |  |  | 6.4 |  |  | 5.3 |
| $ | 85.8 |  |  | $ | 87.4 |  |  | $ | 81.5 |
Capital expenditures: |  |  |  |  |
Aviation segment | $ | 17.6 |  |  | $ | 23.0 |  |  | $ | 19.7 |
Land segment | 12.5 |  |  | 26.9 |  |  | 30.9 |
Marine segment | 0.8 |  |  | 28.3 |  |  | 2.9 |
Corporate | 20.4 |  |  | 2.7 |  |  | 18.8 |
| $ | 51.3 |  |  | $ | 80.9 |  |  | $ | 72.3 |
(1) Includes $10.3 million, $19.7 million and $17.1 million of restructuring charges for the years ended December 31, 2020, 2019 and 2018, respectively.
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,
| 2020 |  | 2019
Accounts receivable, net: |  |  |
Aviation segment, net of allowance for credit losses of $41.2 and $14.6 as of December 31, 2020 and December 31, 2019, respectively | $ | 464.7 |  |  | $ | 1,098.2 |
Land segment, net of allowance for credit losses of $5.0 and $2.8 as of December 31, 2020 and December 31, 2019, respectively | 394.5 |  |  | 863.2 |
Marine segment, net of allowance for credit losses of $7.6 and $18.0 as of December 31, 2020 and December 31, 2019, respectively | 379.2 |  |  | 930.5 |
| $ | 1,238.4 |  |  | $ | 2,891.9 |
Total assets: |  |  |
Aviation segment | $ | 1,789.5 |  |  | $ | 2,416.5 |
Land segment | 1,459.5 |  |  | 2,089.4 |
Marine segment | 667.6 |  |  | 1,189.7 |
Corporate | 583.7 |  |  | 296.8 |
| $ | 4,500.3 |  |  | $ | 5,992.4 |
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,
| 2020 |  | 2019 |  | 2018
Revenue: |  |  |  |  |
United States | $ | 10,365.2 |  |  | $ | 19,365.2 |  |  | $ | 20,555.5 |
EMEA (1) (3) | 4,961.0 |  |  | 9,235.1 |  |  | 9,721.9 |
Asia Pacific (2) (3) | 3,035.6 |  |  | 4,581.1 |  |  | 5,537.2 |
Americas, excluding United States | 1,996.6 |  |  | 3,637.6 |  |  | 3,935.6 |
Total | $ | 20,358.3 |  |  | $ | 36,819.0 |  |  | $ | 39,750.3 |
| As of December 31,
| 2020 |  | 2019
Property and equipment, net: |  |  |
United States | $ | 177.6 |  |  | $ | 173.0 |
EMEA | 144.1 |  |  | 135.7 |
Asia Pacific | 7.9 |  |  | 44.2 |
Americas, excluding United States | 13.1 |  |  | 8.0 |
Total | $ | 342.6 |  |  | $ | 360.9 |
(1)Includes revenue related to the U.K. of $3.1 billion, $5.5 billion and $6.3 billion for 2020, 2019 and 2018, respectively. (2)Includes revenue related to Singapore of $3.0 billion, $4.5 billion and $5.4 billion for 2020, 2019 and 2018, respectively. (3)Geographic revenue information in this table includes impacts from derivatives and hedging activities, which are excluded from that geographic revenue information presented at "Note 14. Revenue."

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration