Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Summary of Operating Segments

Year Ended December 31, 2019

	Americas		International		Corporate and Other (a)			Total
Revenues	$	6,352	$	2,820	$	—		$	9,172
Vehicle depreciation and lease charges, net	1,462		601		—			2,063
Vehicle interest, net	284		60		—			344
Adjusted EBITDA	652		203		(67		)	788
Non-vehicle depreciation and amortization	161		94		8			263
Assets exclusive of assets under vehicle programs	6,226		2,995		90			9,311
Assets under vehicle programs	10,508		3,307		—			13,815
Capital expenditures (excluding vehicles)	162		62		26			250

__________ 

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

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.

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,
		2019			2018		2017
Adjusted EBITDA		$	788		$	781	$	735
Less: Non-vehicle related depreciation and amortization (a)		263			256		259
	Interest expense related to corporate debt, net	178			188		188
	Early extinguishment of corporate debt	12			19		3
	Restructuring and other related charges	80			22		63
	Transaction-related costs, net	10			20		23
	Non-operational charges related to shareholder activist activity (b)	2			9		—
	Impairment	—			—		2
	Charges for legal matter, net (c)	—			—		(14		)
	Gain on sale of equity method investment in China (c)	(44		)	—		—
Income before income taxes		$	287		$	267	$	211

__________ 

^(a)  Includes amortization of intangible assets recognized in purchase accounting of $56 million in 2019, $61 million in 2018 and $58 million in 2017.

^(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
2019
Revenues	$	5,867	$	3,305	$	9,172
Assets exclusive of assets under vehicle programs	5,830		3,481		9,311
Assets under vehicle programs	9,824		3,991		13,815
Net long-lived assets	1,536		1,155		2,691
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