Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Summary of Operating Segments

Year Ended December 31, 2016

	Americas		International		Corporate and Other (a)			Total
Net revenues	$	6,121	$	2,538	$	—		$	8,659
Vehicle depreciation and lease charges, net	1,559		488		—			2,047
Vehicle interest, net	226		58		—			284
Adjusted EBITDA	633		273		(68		)	838
Non-vehicle depreciation and amortization	165		88		—			253
Assets exclusive of assets under vehicle programs	4,017		1,990		58			6,065
Assets under vehicle programs	9,210		2,368		—			11,578
Capital expenditures (excluding vehicles)	121		62		7			190

__________ 

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

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 expenses 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 expenses 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,
		2016		2015		2014
Adjusted EBITDA		$	838	$	903	$	876
Less: Non-vehicle related depreciation and amortization (a)		253		218		180
	Interest expense related to corporate debt, net	203		194		209
	Early extinguishment of corporate debt	27		23		56
	Restructuring expense	29		18		26
	Transaction-related costs, net	21		68		13
	Charges for legal matter (b)	26		—		—
Income before income taxes		$	279	$	382	$	392

__________ 

^(a)  Includes amortization of intangible assets recognized in purchase accounting of $59 million in 2016, $55 million in 2015 and $33 million in 2014.

^(b)  Reported within operating expenses in our consolidated statement of operations.

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
2016
Net revenues	$	5,674	$	2,985	$	8,659
Assets exclusive of assets under vehicle programs	3,699		2,366		6,065
Assets under vehicle programs	8,552		3,026		11,578
Net long-lived assets	1,489		1,073		2,562
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