BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2022

The following table presents our revenues disaggregated by segment and major revenue stream for the last three fiscal years:


	2022				2021						2020
($ in millions)	U.S. & Canada		International		Total		U.S. & Canada		International		Total		U.S. & Canada		International		Total
Gross fee revenues	$	2,486	$	917	$	3,403	$	1,580	$	568	$	2,148	$	914	$	338	$	1,252
Contract investment amortization	(60)		(29)		(89)		(55)		(20)		(75)		(108)		(24)		(132)
Net fee revenues	2,426		888		3,314		1,525		548		2,073		806		314		1,120
Owned, leased, and other revenue	479		801		1,280		282		467		749		198		317		515
Cost reimbursement revenue	12,848		1,797		14,645		8,549		1,239		9,788		6,901		966		7,867
Total reportable segment revenue	$	15,753	$	3,486	$	19,239	$	10,356	$	2,254	$	12,610	$	7,905	$	1,597	$	9,502
Unallocated corporate and other					1,534						1,247						1,069
Total revenue					$	20,773					$	13,857					$	10,571

Segment Profits and Losses


($ in millions)	2022		2021		2020
U.S. & Canada (1)	$	2,446	$	1,394	$	198
International (2)	794		258		(222)
Unallocated corporate and other	251		(80)		(24)
Interest expense, net of interest income	(377)		(392)		(418)
(Provision) benefit for income taxes	(756)		(81)		199
Net income (loss)	$	2,358	$	1,099	$	(267)

(1) Includes cost reimbursements, net of $134 million in 2022, $51 million in 2021, and $(80) million in 2020.

(2) Includes cost reimbursements, net of $49 million in 2022, $14 million in 2021, and $(55) million in 2020.

Depreciation, Amortization, and Other


($ in millions)	2022		2021		2020
U.S. & Canada	$	81	$	92	$	209
International	85		106		113

Unallocated corporate and other	27		22		24
	$	193	$	220	$	346


($ in millions)	2022		2021		2020
U.S. & Canada	$	24	$	13	$	12
International	17		12		17

Unallocated corporate and other	291		158		106
	$	332	$	183	$	135