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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Summary Of Segments Information
 
 
 
 
Nine Months Ended September 30,
 
 
 
 
2015
 
2014
 
 
 
 
Revenues
 
Adjusted EBITDA
 
Revenues (a)
 
Adjusted EBITDA (b)
Americas
$
4,707

 
$
572

 
$
4,614

 
$
562

International
1,893

 
245

 
1,984

 
227

Corporate and Other (c)

 
(42
)
 

 
(42
)
 
Total Company
$
6,600

 
775

 
$
6,598

 
747

 
 
 
 
 
 
 
 
 
 
 
Less:
Non-vehicle related depreciation and amortization
 
161

 
 
 
132

 
 
Interest expense related to corporate debt, net:
 
 
 
 
 
 
 
 
 
Interest expense
 
 
146

 
 
 
161

 
 
 
Early extinguishment of debt
 
 
23

 
 
 
56

 
 
Transaction-related costs
 
 
57

 
 
 
23

 
 
Restructuring expense
 
 
10

 
 
 
16

Income before income taxes
 
 
$
378

 
 
 
$
359


__________
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, $49 million of revenues previously reported in International are now reported in the Americas in the nine months ended September 30, 2014.
(b) 
As a result of the change in the Company’s reportable segments, $7 million of Adjusted EBITDA previously reported in International is now reported in the Americas in the nine months ended September 30, 2014.
(c) 
Includes unallocated corporate overhead which is not attributable to a particular segment.
 
 
 
 
Three Months Ended September 30,
 
 
 
 
2015
 
2014
 
 
 
 
Revenues
 
Adjusted EBITDA
 
Revenues (a)
 
Adjusted EBITDA (b)
Americas
$
1,776

 
$
279

 
$
1,742

 
$
275

International
801

 
168

 
800

 
158

Corporate and Other (c)

 
(16
)
 

 
(16
)
 
Total Company
$
2,577

 
431

 
$
2,542

 
417

 
 
 
 
 
 


 
 
 


Less:
Non-vehicle related depreciation and amortization
 
56

 
 
 
46

 
 
Interest expense related to corporate debt, net
 
49

 
 
 
50

 
 
Transaction-related costs
 
 
8

 
 
 
7

 
 
Restructuring expense
 
 
6

 
 
 
8

Income before income taxes
 
 
$
312

 
 
 
$
306

__________
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 September 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 September 30, 2014.
(c) 
Includes unallocated corporate overhead which is not attributable to a particular segment.