Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Summary of Operating Segments

Year Ended December 31, 2015

	Americas		International		Corporate and Other (a)			Total
Net revenues	$	6,069	$	2,433	$	—		$	8,502
Vehicle depreciation and lease charges, net	1,478		455		—			1,933
Vehicle interest, net	234		55		—			289
Adjusted EBITDA	682		277		(56		)	903
Non-vehicle depreciation and amortization	143		75		—			218
Assets exclusive of assets under vehicle programs	3,940		1,901		77			5,918
Assets under vehicle programs	9,440		2,276		—			11,716
Capital expenditures (excluding vehicles)	131		68		—			199

__________ 

^(a) Primarily represents unallocated corporate overhead and receivables from our former subsidiaries.

Year Ended December 31, 2014

	Americas		International		Corporate and Other (a)			Total
Net revenues	$	5,961	$	2,524	$	—		$	8,485
Vehicle depreciation and lease charges, net	1,492		504		—			1,996
Vehicle interest, net	234		48		—			282
Adjusted EBITDA	656		280		(60		)	876
Non-vehicle depreciation and amortization	122		58		—			180
Assets exclusive of assets under vehicle programs	3,946		1,730		108			5,784
Assets under vehicle programs	9,162		1,896		—			11,058
Capital expenditures (excluding vehicles)	113		69		—			182

__________ 

^(a)  Primarily represents unallocated corporate overhead and receivables from our former subsidiaries.

Year Ended December 31, 2013

	Americas		International		Corporate and Other (a)			Total
Net revenues	$	5,480	$	2,457	$	—		$	7,937
Vehicle depreciation and lease charges, net	1,315		496		—			1,811
Vehicle interest, net	216		48		—			264
Adjusted EBITDA	560		256		(47		)	769
Non-vehicle depreciation and amortization	103		49		—			152
Assets exclusive of assets under vehicle programs	3,797		1,749		152			5,698
Assets under vehicle programs	8,357		2,095		—			10,452
Capital expenditures (excluding vehicles)	99		53		—			152

__________ 

^(a)  Primarily represents unallocated corporate overhead and receivables from our former subsidiaries.

Reconciliation of Adjusted EBITDA to Income (Loss)

Provided below is a reconciliation of Adjusted EBITDA to income before income taxes.

		For the Year Ended December 31,
		2015		2014		2013
Adjusted EBITDA		$	903	$	876	$	769
Less: Non-vehicle related depreciation and amortization		218		180		152
	Interest expense related to corporate debt, net	194		209		228
	Early extinguishment of corporate debt	23		56		147
	Transaction-related costs, net	68		13		51
	Restructuring expense	18		26		61
	Impairment	—		—		33
Income before income taxes		$	382	$	392	$	97

Summary of Geographic Segment Information

The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries.

	United States		All Other Countries		Total
2015
Net revenues	$	5,635	$	2,867	$	8,502
Assets exclusive of assets under vehicle programs	3,677		2,241		5,918
Assets under vehicle programs	8,786		2,930		11,716
Net long-lived assets	1,502		1,069		2,571
2014
Net revenues	$	5,471	$	3,014	$	8,485
Assets exclusive of assets under vehicle programs	3,745		2,039		5,784
Assets under vehicle programs	8,428		2,630		11,058
Net long-lived assets	1,481		885		2,366
2013
Net revenues	$	5,030	$	2,907	$	7,937
Assets exclusive of assets under vehicle programs	3,608		2,090		5,698
Assets under vehicle programs	7,791		2,661		10,452
Net long-lived assets	1,281		947		2,228

The financial data presented has been retrospectively adjusted to reflect the impact of a change in accounting principle related to the presentation of debt issuance costs described in Note 2-Summary of Significant Accounting Policies, as follows.

	United States	All Other Countries	Total
For the Year Ended December 31, 2014
Assets exclusive of assets under vehicle programs decreased	$114	$13	$127
For the Year Ended December 31, 2013
Assets exclusive of assets under vehicle programs decreased	121	13	134