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Segment Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s chief operating decision maker assesses performance and allocates resources based upon the separate financial information from the Company’s operating segments. In identifying its reportable segments, the Company considered the nature of services provided, the geographical areas in which the segments operated and other relevant factors. The Company aggregates certain of its operating segments into its reportable segments.
Management evaluates the operating results of each of its reportable segments based upon revenues and “Adjusted EBITDA,” which the Company defines as income (loss) from continuing operations before non-vehicle related depreciation and amortization, any impairment charges, restructuring and other related charges, early extinguishment of debt costs, non-vehicle related interest, transaction-related costs, net, charges for unprecedented personal-injury and other legal matters, non-operational charges related to shareholder activist activity, gain on sale of equity method investment in China, COVID-19 charges and income taxes. Net charges for unprecedented personal-injury and other legal matters and gain on sale of equity method investment in China are recorded within operating expenses in the Company’s Consolidated Statement of Comprehensive Income. Non-operational charges related to shareholder activist activity include third party advisory, legal and other professional service fees and are recorded within selling, general and administrative expenses in the Company’s Consolidated Statement of Comprehensive Income. COVID-19 charges include unusual, direct and incremental costs due to the COVID-19 pandemic, such as minimum annual guaranteed rent in excess of concession fees for the period, overflow parking for idle vehicles and related shuttling costs, incremental cleaning supplies to sanitize vehicles and facilities and other charges, and losses associated with vehicles damaged in overflow parking lots, net of insurance proceeds, and are primarily recorded within operating expenses in the Company’s Consolidated Statement of Comprehensive Income. The Company has revised its definition of Adjusted EBITDA to exclude COVID-19 charges. The Company has not revised prior years' Adjusted EBITDA amounts because there were no other charges similar in nature to these. The Company’s presentation of Adjusted EBITDA may not be comparable to similarly-titled measures used by other companies.

Year Ended December 31, 2020
AmericasInternational
Corporate
and Other (a)
Total
Revenues$3,965 $1,437 $— $5,402 
Vehicle depreciation and lease charges, net
968 400 — 1,368 
Vehicle interest, net274 44 — 318 
Adjusted EBITDA72 (202)(45)(175)
Non-vehicle depreciation and amortization
185 91 10 286 
Assets exclusive of assets under vehicle programs
5,510 2,754 101 8,365 
Assets under vehicle programs7,155 2,018 — 9,173 
Capital expenditures (excluding vehicles)
65 29 — 94 
__________ 
(a)Primarily represents unallocated corporate expenses and receivables from our former subsidiaries.
Year Ended December 31, 2019
AmericasInternational
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, net284 60 — 344 
Adjusted EBITDA652 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 programs10,508 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 
AmericasInternational
Corporate
and Other (a)
Total
Revenues$6,186 $2,938 $— $9,124 
Vehicle depreciation and lease charges, net
1,568 611 — 2,179 
Vehicle interest, net252 62 — 314 
Adjusted EBITDA558 287 (64)781 
Non-vehicle depreciation and amortization
152 104 — 256 
Assets exclusive of assets under vehicle programs
3,782 2,495 93 6,370 
Assets under vehicle programs9,670 3,109 — 12,779 
Capital expenditures (excluding vehicles)
134 76 21 231 
__________ 
(a)Primarily represents unallocated corporate expenses and receivables from our former subsidiaries.
Provided below is a reconciliation of Adjusted EBITDA to income before income taxes.
For the Year Ended December 31,
202020192018
Adjusted EBITDA$(175)$788 $781 
Less: Non-vehicle related depreciation and amortization (a)
286 263 256 
Interest expense related to corporate debt, net231 178 188 
Early extinguishment of corporate debt9 12 19 
COVID-19 charges (b)
122 — — 
Restructuring and other related charges118 80 22 
Unprecedented personal-injury and other legal matters, net (c)
8 — — 
Non-operational charges related to shareholder activist activity (d)
4 2 9 
Transaction-related costs, net3 10 20 
Gain on sale of equity method investment in China (c)
— (44)— 
Income before income taxes$(956)$287 $267 
__________ 
(a)    Includes amortization of intangible assets recognized in purchase accounting of $66 million in 2020, $56 million in 2019 and $61 million in 2018.
(b)    Includes $116 million within operating expenses, $5 million within selling, general and administrative expenses and $1 million within vehicle depreciation and lease charges, net in our Consolidated Statements of Operations. Primarily consisting of $60 million of minimum annual guaranteed rent in excess of concession fees, $48 million of incremental cleaning supplies to sanitize vehicles and facilities, overflow parking for idle vehicles and related shuttling costs and other charges, and $14 million of losses associated with vehicles damaged in overflow parking lots, net of insurance proceeds.
(c)    Reported within operating expenses in our Consolidated Statements of Operations.
(d)    Reported within selling, general and administrative expenses in our Consolidated Statements of Operations.

The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries. 
United StatesAll Other CountriesTotal
2020
Revenues$3,758 $1,644 $5,402 
Assets exclusive of assets under vehicle programs5,262 3,103 8,365 
Assets under vehicle programs6,797 2,376 9,173 
Net long-lived assets1,421 1,147 2,568 
2019
Revenues$5,867 $3,305 $9,172 
Assets exclusive of assets under vehicle programs5,830 3,481 9,311 
Assets under vehicle programs9,824 3,991 13,815 
Net long-lived assets1,536 1,155 2,691 
2018
Revenues$5,708 $3,416 $9,124 
Assets exclusive of assets under vehicle programs3,494 2,876 6,370 
Assets under vehicle programs9,021 3,758 12,779 
Net long-lived assets1,476 1,177 2,653