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Business Segments | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Business Segments | 9. Business Segments We operate in three reportable segments consisting of aviation, land and marine. Corporate expenses are allocated to the segments based on usage, where possible, or on other factors according to the nature of the activity. Our operating segments are determined based on the different markets in which we provide products and services, which are defined primarily by the customers and the products and services provided to those customers. Accordingly, our aviation, land and marine segments are organized based on the specific markets their functional business components serve, which are primarily businesses and governmental customers operating in those respective markets. Information concerning our Revenue, Gross profit and Income from operations by reportable segment is as follows (in millions):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
Revenue: |  | 2021 |  | 2020 |  | 2021 |  | 2020
Aviation segment |  | $ | 3,579.7 |  |  | $ | 1,596.2 |  |  | $ | 8,480.5 |  |  | $ | 6,381.0 |
Land segment |  | 2,670.4 |  |  | 1,645.2 |  |  | 7,315.8 |  |  | 4,948.8 |
Marine segment |  | 2,100.7 |  |  | 1,241.2 |  |  | 5,597.8 |  |  | 4,326.4 |
Total revenue |  | $ | 8,350.9 |  |  | $ | 4,482.7 |  |  | $ | 21,394.2 |  |  | $ | 15,656.2 |
Gross profit: |  |  |  |  |  |  |  |
Aviation segment |  | $ | 113.0 |  |  | $ | 97.6 |  |  | $ | 277.1 |  |  | $ | 282.6 |
Land segment |  | 62.6 |  |  | 84.3 |  |  | 225.9 |  |  | 275.4 |
Marine segment |  | 21.9 |  |  | 32.0 |  |  | 70.0 |  |  | 128.6 |
Total gross profit |  | $ | 197.5 |  |  | $ | 214.0 |  |  | $ | 573.0 |  |  | $ | 686.6 |
Income from operations: |  |  |  |  |  |  |  |
Aviation segment |  | $ | 57.0 |  |  | $ | 29.2 |  |  | $ | 114.0 |  |  | $ | 67.3 |
Land segment |  | 3.7 |  |  | 18.8 |  |  | 44.5 |  |  | 54.1 |
Marine segment |  | 3.6 |  |  | 8.2 |  |  | 14.8 |  |  | 55.4 |
Corporate overhead - unallocated |  | (22.6) |  |  | (17.4) |  |  | (63.1) |  |  | (55.3) |
Total income from operations |  | $ | 41.7 |  |  | $ | 38.8 |  |  | $ | 110.2 |  |  | $ | 121.5 |
Information concerning our Accounts receivable, net of allowance for credit losses and Total assets by reportable segment is as follows (in millions):
|  | September 30, 2021 |  | December 31, 2020
Accounts receivable, net: |  |  |  |
Aviation segment, net of allowance for credit losses of $18.7 and $41.2 as of September 30, 2021 and December 31, 2020, respectively |  | $ | 849.2 |  |  | $ | 464.7 |
Land segment, net of allowance for credit losses of $3.6 and $5.0 as of September 30, 2021 and December 31, 2020, respectively |  | 556.8 |  |  | 394.5 |
Marine segment, net of allowance for credit losses of $3.0 and $7.6 as of September 30, 2021 and December 31, 2020, respectively |  | 626.6 |  |  | 379.2 |
Total accounts receivable, net |  | $ | 2,032.5 |  |  | $ | 1,238.4 |
Total assets: |  |  |  |
Aviation segment |  | $ | 2,222.8 |  |  | $ | 1,789.5 |
Land segment |  | 1,780.3 |  |  | 1,459.5 |
Marine segment |  | 981.2 |  |  | 667.6 |
Corporate |  | 560.1 |  |  | 583.7 |
Total assets |  | $ | 5,544.3 |  |  | $ | 4,500.3 |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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