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Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

Year Ended December 31, 2023


	Americas		International		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, net	617		119		—		736
Adjusted EBITDA	2,196		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 programs	19,285		3,694		—		22,979
Property and equipment additions	126		44		103		273

__________

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

Year Ended December 31, 2022


	Americas		International		Corporate and Other (a)		Total
Revenues	$	9,474	$	2,520	$	—	$	11,994
Vehicle depreciation and lease charges, net	414		414		—		828
Vehicle interest, net	348		54		—		402
Adjusted EBITDA	3,660		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 programs	14,269		3,159		—		17,428
Property and equipment additions	117		33		96		246

__________

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

Year Ended December 31, 2021


	Americas		International		Corporate and Other (a)		Total
Revenues	$	7,557	$	1,756	$	—	$	9,313
Vehicle depreciation and lease charges, net	851		346		—		1,197
Vehicle interest, net	258		55		—		313
Adjusted EBITDA	2,364		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 programs	11,437		2,582		—		14,019
Property and equipment additions	74		26		8		108

__________

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

Schedule of 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,
		2023		2022		2021
Adjusted EBITDA		$	2,490	$	4,133	$	2,411
Less:
	Non-vehicle related depreciation and amortization	216		225		272
	Interest expense related to corporate debt, net
	Interest expense	296		250		218
	Early extinguishment of debt	5		—		136
	Restructuring and other related charges	11		19		64
	Transaction-related costs, net	5		8		5
	Other (income) expense, net(a)	3		(7)		—
	Reported within operating expenses:
	Cloud computing costs	35		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.

Schedule of Geographic Segment Information

The geographic segment information provided below is classified based on the geographic location of our subsidiaries.


	United States		All Other Countries		Total
2023
Revenues	$	8,775	$	3,233	$	12,008
Assets exclusive of assets under vehicle programs	6,460		3,130		9,590
Assets under vehicle programs	18,228		4,751		22,979
Net long-lived assets	1,507		981		2,488

2022
Revenues	$	8,975	$	3,019	$	11,994
Assets exclusive of assets under vehicle programs	5,622		2,877		8,499
Assets under vehicle programs	13,514		3,914		17,428
Net long-lived assets	1,386		944		2,330

2021
Revenues	$	7,254	$	2,059	$	9,313
Assets exclusive of assets under vehicle programs	5,575		3,006		8,581
Assets under vehicle programs	10,915		3,104		14,019
Net long-lived assets	1,328		1,041		2,369