Revenue Recognition

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

Disaggregation of Revenues

We disaggregate our revenue by geographic area and service offering. Our revenue disaggregated by geographical area, based on sales office location, was as follows:

	Three Months Ended September 30, 2020
(In millions)	Transportation		Logistics		Eliminations		Total
Revenue
United States	$	1,904	$	551	$	(14)	$	2,441
North America (excluding United States)	77		12		—		89
France	317		174		(3)		488
United Kingdom	175		402		(12)		565
Europe (excluding France and United Kingdom)	194		421		(5)		610
Other	8		20		—		28
Total	$	2,675	$	1,580	$	(34)	$	4,221

	Three Months Ended September 30, 2019
(In millions)	Transportation		Logistics		Eliminations		Total
Revenue
United States	$	1,891	$	581	$	(12)	$	2,460
North America (excluding United States)	76		17		—		93
France	326		164		(6)		484
United Kingdom	192		335		(18)		509
Europe (excluding France and United Kingdom)	195		389		(3)		581
Other	4		24		(1)		27
Total	$	2,684	$	1,510	$	(40)	$	4,154

	Nine Months Ended September 30, 2020
(In millions)	Transportation		Logistics		Eliminations		Total
Revenue
United States	$	5,111	$	1,596	$	(33)	$	6,674
North America (excluding United States)	219		36		—		255
France	883		466		(9)		1,340
United Kingdom	482		1,069		(39)		1,512
Europe (excluding France and United Kingdom)	528		1,190		(12)		1,706
Other	38		64		(2)		100
Total	$	7,261	$	4,421	$	(95)	$	11,587

	Nine Months Ended September 30, 2019
(In millions)	Transportation		Logistics		Eliminations		Total
Revenue
United States	$	5,651	$	1,708	$	(24)	$	7,335
North America (excluding United States)	216		50		—		266
France	1,041		505		(17)		1,529
United Kingdom	566		1,020		(54)		1,532
Europe (excluding France and United Kingdom)	603		1,178		(11)		1,770
Other	13		69		(2)		80
Total	$	8,090	$	4,530	$	(108)	$	12,512

Our revenue disaggregated by service offering was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2020		2019		2020		2019
Transportation segment
Freight brokerage and truckload	$	1,129	$	1,083	$	2,970	$	3,269
LTL	1,175		1,227		3,289		3,667
Last mile (1)	243		219		662		655
Managed transportation	96		134		253		400
Global forwarding	75		74		212		229
Transportation eliminations	(43)		(53)		(125)		(130)
Total Transportation segment revenue	2,675		2,684		7,261		8,090
Total Logistics segment revenue	1,580		1,510		4,421		4,530
Intersegment eliminations	(34)		(40)		(95)		(108)
Total revenue	$	4,221	$	4,154	$	11,587	$	12,512

(1)    Comprised of our North American last mile operations.

Performance Obligations

Remaining performance obligations represent firm contracts for which services have not been performed and future revenue recognition is expected. As permitted in determining the remaining performance obligation, we omit obligations that: (i) have original expected durations of one year or less or (ii) contain variable consideration. On September 30, 2020, the fixed consideration component of our remaining performance obligation was approximately $1.7 billion, and we expect to recognize approximately 75% of that amount over the next three years and the remainder thereafter. The majority of the remaining performance obligation relates to our Logistics reportable segment. We estimate remaining performance obligations at a point in time and actual amounts may differ from these estimates due to changes in foreign currency exchange rates and contract revisions or terminations.