SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Financial Information of Business Segments

The following table sets forth financial information for each of our segments and provides a reconciliation between segment EBT and earnings (loss) from continuing operations before income taxes:


	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
	(In thousands)
Revenue:
Fleet Management Solutions:
ChoiceLease	$	802,832	$	766,161	$	1,599,920	$	1,558,367
SelectCare	136,503		125,851		267,171		261,997
Commercial rental	266,969		169,171		489,978		374,937
Other	18,369		12,332		35,717		35,758
Fuel services revenue	183,568		117,253		350,163		290,588
ChoiceLease liability insurance revenue (1)	—		7,409		777		16,767
Fleet Management Solutions	1,408,241		1,198,177		2,743,726		2,538,414
Supply Chain Solutions	775,630		519,318		1,482,330		1,147,765
Dedicated Transportation Solutions	354,711		293,944		675,218		628,832
Eliminations (2)	(156,345)		(116,157)		(297,415)		(258,423)
Total revenue	$	2,382,237	$	1,895,282	$	4,603,859	$	4,056,588

Earnings (loss) from continuing operations before taxes:
Fleet Management Solutions	$	158,451	$	(103,735)	$	221,853	$	(218,309)
Supply Chain Solutions	41,041		36,916		73,998		67,941
Dedicated Transportation Solutions	13,162		21,233		26,144		33,413
Eliminations	(19,186)		(7,745)		(31,460)		(17,814)
	193,468		(53,331)		290,535		(134,769)
Unallocated Central Support Services	(17,864)		(10,718)		(36,296)		(20,104)
Non-operating pension costs, net (3)	373		(936)		382		(2,157)
Other items impacting comparability, net (4)	27,596		(29,792)		19,219		(51,381)
Earnings (loss) from continuing operations before income taxes	$	203,573	$	(94,777)	$	273,840	$	(208,411)

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(1)In the first quarter of 2020, we announced our plan to exit the extension of our liability insurance coverage for ChoiceLease customers. The exit of this program was completed in the first quarter of 2021.

(2)Represents the elimination of intercompany revenues in our FMS business segment.

(3)Refer to Note 14, "Employee Benefit Plans," for a discussion on this item.

(4)Refer to Note 15, “Other Items Impacting Comparability,” for a discussion of items excluded from our primary measure of segment performance.

The following table sets forth the capital expenditures paid for each of our segments:


	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
	(In thousands)
Fleet Management Solutions	$	503,874	$	256,216	$	871,582	$	679,332
Supply Chain Solutions	14,450		13,868		22,980		19,874
Dedicated Transportation Solutions	256		339		562		763
Central Support Services	4,768		3,547		9,275		4,961
Purchases of property and revenue earning equipment	$	523,348	$	273,970	$	904,399	$	704,930