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Business Segments (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Segment Revenues
Segment Revenues
The following tables present our revenues disaggregated by segment and major revenue stream for the 2020 first quarter and 2019 first quarter:
 
Three Months Ended March 31, 2020
($ in millions)
North America
 
Asia Pacific
 
EMEA
 
Total
Gross fee revenues
$
406

 
$
32

 
$
46

 
$
484

Contract investment amortization
(19
)
 
(1
)
 
(4
)
 
(24
)
Net fee revenues
387

 
31

 
42

 
460

Owned, leased, and other revenue
102

 
31

 
91

 
224

Cost reimbursement revenue
3,331

 
107

 
211

 
3,649

Total reportable segment revenue
$
3,820

 
$
169

 
$
344

 
$
4,333

Unallocated corporate and other
 
 
 
 
 
 
348

Total revenue
 
 
 
 
 
 
$
4,681

 
Three Months Ended March 31, 2019
($ in millions)
North America
 
Asia Pacific
 
EMEA
 
Total
Gross fee revenues
$
528

 
$
118

 
$
84

 
$
730

Contract investment amortization
(11
)
 

 
(2
)
 
(13
)
Net fee revenues
517

 
118

 
82

 
717

Owned, leased, and other revenue
178

 
41

 
122

 
341

Cost reimbursement revenue
3,379

 
111

 
214

 
3,704

Total reportable segment revenue
$
4,074

 
$
270

 
$
418

 
$
4,762

Unallocated corporate and other
 
 
 
 
 
 
250

Total revenue
 
 
 
 
 
 
$
5,012

Segment Profits
Segment Profits and Losses
 
Three Months Ended
($ in millions)
March 31, 2020
 
March 31, 2019
North America
$
158

 
$
491

Asia Pacific
(10
)
 
103

EMEA
(37
)
 
57

Unallocated corporate and other
(5
)
 
(128
)
Interest expense, net of interest income
(87
)
 
(91
)
Income taxes
12

 
(57
)
Net Income
$
31

 
$
375