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Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Summary Of Segments Information
 
 
 
 
Six Months Ended June 30,
 
 
 
 
2015
 
2014
 
 
 
 
Revenues
 
Adjusted EBITDA
 
Revenues (a)
 
Adjusted EBITDA (b)
Americas
$
2,931

 
$
293

 
$
2,872

 
$
287

International
1,092

 
77

 
1,184

 
69

Corporate and Other (c)

 
(26
)
 

 
(26
)
 
Total Company
$
4,023

 
344

 
$
4,056

 
330

 
 
 
 
 
 
 
 
 
 
 
Less:
Non-vehicle related depreciation and amortization
 
105

 
 
 
86

 
 
Interest expense related to corporate debt, net:
 
 
 
 
 
 
 
 
 
Interest expense
 
 
97

 
 
 
111

 
 
 
Early extinguishment of debt
 
 
23

 
 
 
56

 
 
Transaction-related costs
 
 
49

 
 
 
16

 
 
Restructuring expense
 
 
4

 
 
 
8

Income before income taxes
 
 
$
66

 
 
 
$
53


__________
Previously reported amounts were recast for a change in the Company’s reportable segments. The financial results of the Company’s North America, South America, Central America and Caribbean operations are now reported in the Company’s Americas segment.
(a) 
As a result of the change in the Company’s reportable segments, $34 million of revenues previously reported in International are now reported in the Americas in the six months ended June 30, 2014.
(b) 
As a result of the change in the Company’s reportable segments, $5 million of Adjusted EBITDA previously reported in International is now reported in the Americas in the six months ended June 30, 2014.
(c) 
Includes unallocated corporate overhead which is not attributable to a particular segment.
 
 
 
 
Three Months Ended June 30,
 
 
 
 
2015
 
2014
 
 
 
 
Revenues
 
Adjusted EBITDA
 
Revenues (a)
 
Adjusted EBITDA (b)
Americas
$
1,556

 
$
178

 
$
1,542

 
$
172

International
617

 
61

 
652

 
55

Corporate and Other (c)

 
(12
)
 

 
(14
)
 
Total Company
$
2,173

 
227

 
$
2,194

 
213

 
 
 
 
 
 


 
 
 


Less:
Non-vehicle related depreciation and amortization
 
56

 
 
 
45

 
 
Interest expense related to corporate debt, net:
 
 
 
 
 
 
 
 
 
Interest expense
 
 
45

 
 
 
55

 
 
 
Early extinguishment of debt
 
 
23

 
 
 
56

 
 
Transaction-related costs
 
 
18

 
 
 
8

 
 
Restructuring expense
 
 
3

 
 
 
1

Income before income taxes
 
 
$
82

 
 
 
$
48

__________
Previously reported amounts were recast for a change in the Company’s reportable segments. The financial results of the Company’s North America, South America, Central America and Caribbean operations are now reported in the Company’s Americas segment.
(a)
As a result of the change in the Company’s reportable segments, $15 million of revenues previously reported in International are now reported in the Americas in the three months ended June 30, 2014.
(b) 
As a result of the change in the Company’s reportable segments, $2 million of Adjusted EBITDA previously reported in International is now reported in the Americas in the three months ended June 30, 2014.
(c) 
Includes unallocated corporate overhead which is not attributable to a particular segment.