SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Revenue and Net Before Tax Information by Segment

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

	Three months ended June 30,				Six months ended June 30,
(In millions)	2023		2022		2023		2022
Revenue:
Fleet Management Solutions:
ChoiceLease	$	781	$	763	$	1,557	$	1,527
Commercial rental	301		336		605		642
SelectCare and other	172		153		354		301
FMS Europe (1)	—		55		—		119
Fuel services revenue	205		314		446		561
Fleet Management Solutions	1,459		1,621		2,962		3,150
Supply Chain Solutions	1,179		1,174		2,380		2,263
Dedicated Transportation Solutions	440		450		894		875
Eliminations (2)	(194)		(211)		(400)		(400)
Total revenue	$	2,884	$	3,034	$	5,836	$	5,888
Earnings from continuing operations before income taxes:
Fleet Management Solutions	$	180	$	286	$	362	$	535
Supply Chain Solutions	76		62		93		105
Dedicated Transportation Solutions	33		23		62		43
Eliminations	(24)		(30)		(49)		(56)
	265		341		468		627
Unallocated Central Support Services	(20)		(24)		(35)		(40)
Intangible amortization expense (3)	(8)		(9)		(17)		(19)
Non-operating pension costs, net (4)	(10)		(2)		(20)		(5)
Other items impacting comparability, net (5)	(183)		32		(151)		27
Earnings from continuing operations before income taxes	$	44	$	338	$	245	$	590

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(1)Refer to Note 13, "Other Items Impacting Comparability" for further information on the FMS U.K. business exit.

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

(3)Included within "Selling, general and administrative expenses" in our Condensed Consolidated Statements of Earnings.

(4)Refer to Note 12, "Employee Benefit Plans," for a discussion on this item.

(5)Refer to Note 13, "Other Items Impacting Comparability," for a discussion of items excluded from our primary measure of segment performance.

Schedule of Financial Information of Business Segments

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

	Three months ended June 30,				Six months ended June 30,
(In millions)	2023		2022		2023		2022
Fleet Management Solutions	$	971	$	561	$	1,592	$	1,112
Supply Chain Solutions	32		40		44		66
Dedicated Transportation Solutions	1		1		1		1
Central Support Services	7		9		15		16
Purchases of property and revenue earning equipment	$	1,011	$	611	$	1,652	$	1,195