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Segment Information
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
Our chief operating decision-maker assesses performance and allocates resources based upon the separate financial information of our operating segments. In identifying our reportable segments, we also consider the nature of services provided by our operating segments, the geographical areas in which the segments operate and other relevant factors. We aggregate certain of our operating segments into our reportable segments.
Management evaluates the operating results of each of our reportable segments based upon revenues and Adjusted EBITDA, which we define 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 legal matters, net, which includes amounts recorded in excess of $5 million related to class action lawsuits and personal injury matters; non-operational charges related to shareholder activist activity, which includes third-party advisory, legal and other professional fees; COVID-19 charges, net; cloud computing costs; other (income) expense, net, and income taxes.
We believe Adjusted EBITDA is useful as a supplemental measure in evaluating the performance of our operating businesses and in comparing our results from period to period. We also believe that Adjusted EBITDA is useful to investors because it allows them to assess our results of operations and financial condition on the same basis that management uses internally. Our presentation of Adjusted EBITDA may not be comparable to similarly-titled measures used by other companies.
Year Ended December 31, 2023
AmericasInternational
Corporate
and Other (a)
Total
Revenues$9,347 $2,661 $— $12,008 
Vehicle depreciation and lease charges, net
1,215 524 — 1,739 
Vehicle interest, net617 119 — 736 
Adjusted EBITDA2,196 400 (106)2,490 
Non-vehicle depreciation and amortization
147 68 1 216 
Assets exclusive of assets under vehicle programs
6,533 2,633 424 9,590 
Assets under vehicle programs19,285 3,694 — 22,979 
Property and equipment additions126 44 103 273 
__________ 
(a)Primarily represents unallocated corporate expenses and receivables from our former subsidiaries.
Year Ended December 31, 2022
AmericasInternational
Corporate
and Other (a)
Total
Revenues$9,474 $2,520 $— $11,994 
Vehicle depreciation and lease charges, net
414 414 — 828 
Vehicle interest, net348 54 — 402 
Adjusted EBITDA3,660 560 (87)4,133 
Non-vehicle depreciation and amortization
141 66 18 225 
Assets exclusive of assets under vehicle programs
5,798 2,402 299 8,499 
Assets under vehicle programs14,269 3,159 — 17,428 
Property and equipment additions117 33 96 246 
__________ 
(a)Primarily represents unallocated corporate expenses and receivables from our former subsidiaries.

Year Ended December 31, 2021
AmericasInternational
Corporate
and Other (a)
Total
Revenues$7,557 $1,756 $— $9,313 
Vehicle depreciation and lease charges, net
851 346 — 1,197 
Vehicle interest, net258 55 — 313 
Adjusted EBITDA2,364 118 (71)2,411 
Non-vehicle depreciation and amortization
178 84 10 272 
Assets exclusive of assets under vehicle programs
5,746 2,716 119 8,581 
Assets under vehicle programs11,437 2,582 — 14,019 
Property and equipment additions74 26 8 108 
__________ 
(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,
202320222021
Adjusted EBITDA$2,490 $4,133 $2,411 
Less:
Non-vehicle related depreciation and amortization216 225 272 
Interest expense related to corporate debt, net
Interest expense296 250 218 
Early extinguishment of debt5 — 136 
Restructuring and other related charges11 19 64 
Transaction-related costs, net5 8 5 
Other (income) expense, net(a)
3 (7)— 
Reported within operating expenses:
Cloud computing costs35 10 7 
COVID-19 charges— (9)(2)
Legal matters, net
5 1 3 
Income before income taxes$1,914 $3,636 $1,708 
__________ 
(a)Primarily consists of gains or losses related to our equity investment in a former subsidiary, offset by fleet related and certain administrative services provided to the same former subsidiary.

The geographic segment information provided below is classified based on the geographic location of our subsidiaries.
United StatesAll Other CountriesTotal
2023
Revenues$8,775 $3,233 $12,008 
Assets exclusive of assets under vehicle programs6,460 3,130 9,590 
Assets under vehicle programs18,228 4,751 22,979 
Net long-lived assets1,507 981 2,488 
2022
Revenues$8,975 $3,019 $11,994 
Assets exclusive of assets under vehicle programs5,622 2,877 8,499 
Assets under vehicle programs13,514 3,914 17,428 
Net long-lived assets1,386 944 2,330 
2021
Revenues$7,254 $2,059 $9,313 
Assets exclusive of assets under vehicle programs5,575 3,006 8,581 
Assets under vehicle programs10,915 3,104 14,019 
Net long-lived assets1,328 1,041 2,369