Segment Information (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Summary of Operating Segments

Year Ended December 31, 2018

	Americas		International		Corporate and Other (a)			Total
Revenues	$	6,186	$	2,938	$	—		$	9,124
Vehicle depreciation and lease charges, net	1,568		611		—			2,179
Vehicle interest, net	252		62		—			314
Adjusted EBITDA	558		287		(64		)	781
Non-vehicle depreciation and amortization	152		104		—			256
Assets exclusive of assets under vehicle programs	3,782		2,495		93			6,370
Assets under vehicle programs	9,670		3,109		—			12,779
Capital expenditures (excluding vehicles)	134		76		21			231

__________ 

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

Year Ended December 31, 2017

	Americas		International		Corporate and Other (a)			Total
Revenues	$	6,100	$	2,748	$	—		$	8,848
Vehicle depreciation and lease charges, net	1,671		550		—			2,221
Vehicle interest, net	226		60		—			286
Adjusted EBITDA	486		305		(56		)	735
Non-vehicle depreciation and amortization	168		91		—			259
Assets exclusive of assets under vehicle programs	3,388		2,353		79			5,820
Assets under vehicle programs	9,017		2,862		—			11,879
Capital expenditures (excluding vehicles)	122		62		13			197

__________ 

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

Year Ended December 31, 2016

	Americas		International		Corporate and Other (a)			Total
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.

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,
		2018		2017			2016
Adjusted EBITDA		$	781	$	735		$	838
Less: Non-vehicle related depreciation and amortization (a)		256		259			253
	Interest expense related to corporate debt, net	188		188			203
	Early extinguishment of corporate debt	19		3			27
	Restructuring and other related charges	22		63			29
	Transaction-related costs, net	20		23			21
	Non-operational charges related to shareholder activist activity (b)	9		—			—
	Impairment	—		2			—
	Charges for legal matter, net (c)	—		(14		)	26
Income before income taxes		$	267	$	211		$	279

__________ 

^(a)  Includes amortization of intangible assets recognized in purchase accounting of $61 million in 2018, $58 million in 2017 and $59 million in 2016.

^(b)  Reported within selling, general and administrative expenses in our Consolidated Statements of Operations.

^(c)  Reported within operating expenses in our Consolidated Statements 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
2018
Revenues	$	5,708	$	3,416	$	9,124
Assets exclusive of assets under vehicle programs	3,494		2,876		6,370
Assets under vehicle programs	9,021		3,758		12,779
Net long-lived assets	1,476		1,177		2,653
2017
Revenues	$	5,629	$	3,219	$	8,848
Assets exclusive of assets under vehicle programs	3,069		2,751		5,820
Assets under vehicle programs	8,192		3,687		11,879
Net long-lived assets	1,451		1,176		2,627
2016
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