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Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Geographic Distributions of Revenues, Equity in Earnings of Affiliates, Adjusted Segment EBITDA, Depreciation and Amortization The geographic distributions of our revenues, equity in earnings and losses of affiliates, adjusted segment EBITDA and depreciation and amortization for the quarters and nine months ended September 30, 2024 and 2023 are summarized in the following table (dollars in millions):

 

Quarter

 

 

Nine Months

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

National Group

 

$

4,891

 

 

$

4,352

 

 

$

14,503

 

 

$

13,340

 

American Group

 

 

6,019

 

 

 

5,491

 

 

 

17,911

 

 

 

16,226

 

Atlantic Group

 

 

5,578

 

 

 

5,470

 

 

 

16,974

 

 

 

15,617

 

Corporate and other

 

 

999

 

 

 

900

 

 

 

2,930

 

 

 

2,482

 

 

$

17,487

 

 

$

16,213

 

 

$

52,318

 

 

$

47,665

 

Equity in (earnings) losses of affiliates:

 

 

 

 

 

 

 

 

 

 

 

 

National Group

 

$

 

 

$

 

 

$

2

 

 

$

(2

)

American Group

 

 

(18

)

 

 

(13

)

 

 

(49

)

 

 

(35

)

Atlantic Group

 

 

 

 

 

 

 

 

(2

)

 

 

(2

)

Corporate and other

 

 

3

 

 

 

(6

)

 

 

36

 

 

 

45

 

 

$

(15

)

 

$

(19

)

 

$

(13

)

 

$

6

 

Adjusted segment EBITDA:

 

 

 

 

 

 

 

 

 

 

 

 

National Group

 

$

1,087

 

 

$

799

 

 

$

3,259

 

 

$

2,826

 

American Group

 

 

1,378

 

 

 

1,210

 

 

 

4,118

 

 

 

3,662

 

Atlantic Group

 

 

1,154

 

 

 

1,158

 

 

 

3,757

 

 

 

3,219

 

Corporate and other

 

 

(352

)

 

 

(287

)

 

 

(964

)

 

 

(599

)

 

$

3,267

 

 

$

2,880

 

 

$

10,170

 

 

$

9,108

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

National Group

 

$

213

 

 

$

206

 

 

$

636

 

 

$

621

 

American Group

 

 

277

 

 

 

244

 

 

 

799

 

 

 

719

 

Atlantic Group

 

 

271

 

 

 

249

 

 

 

790

 

 

 

735

 

Corporate and other

 

 

81

 

 

 

70

 

 

 

231

 

 

 

213

 

 

$

842

 

 

$

769

 

 

$

2,456

 

 

$

2,288

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted segment EBITDA

 

$

3,267

 

 

$

2,880

 

 

$

10,170

 

 

$

9,108

 

Depreciation and amortization

 

 

842

 

 

 

769

 

 

 

2,456

 

 

 

2,288

 

Interest expense

 

 

515

 

 

 

483

 

 

 

1,533

 

 

 

1,447

 

Losses (gains) on sales of facilities

 

 

4

 

 

 

(2

)

 

 

(209

)

 

 

12

 

Income before income taxes

 

$

1,906

 

 

$

1,630

 

 

$

6,390

 

 

$

5,361