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Business Segments (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Revenues
The following tables present our revenues disaggregated by segment and major revenue stream for the 2020 third quarter, 2019 third quarter, 2020 first three quarters, and 2019 first three quarters:
Three Months Ended September 30, 2020
($ in millions)North AmericaAsia PacificEMEATotal
Gross fee revenues$201 $55 $27 $283 
Contract investment amortization(43)(1)(3)(47)
Net fee revenues158 54 24 236 
Owned, leased, and other revenue36 22 26 84 
Cost reimbursement revenue
1,392 81 112 1,585 
Total reportable segment revenue$1,586 $157 $162 $1,905 
Unallocated corporate and other
349 
Total revenue
$2,254 
Three Months Ended September 30, 2019
($ in millions)North AmericaAsia PacificEMEATotal
Gross fee revenues$570 $114 $113 $797 
Contract investment amortization(13)(1)(2)(16)
Net fee revenues557 113 111 781 
Owned, leased, and other revenue171 39 142 352 
Cost reimbursement revenue
3,440 133 247 3,820 
Total reportable segment revenue$4,168 $285 $500 $4,953 
Unallocated corporate and other
331 
Total revenue
$5,284 
Nine Months Ended September 30, 2020
($ in millions)North AmericaAsia PacificEMEATotal
Gross fee revenues$720 $112 $81 $913 
Contract investment amortization(76)(6)(9)(91)
Net fee revenues644 106 72 822 
Owned, leased, and other revenue155 60 126 341 
Cost reimbursement revenue
5,686 246 395 6,327 
Total reportable segment revenue$6,485 $412 $593 $7,490 
Unallocated corporate and other
909 
Total revenue
$8,399 
Nine Months Ended September 30, 2019
($ in millions)North AmericaAsia PacificEMEATotal
Gross fee revenues$1,711 $344 $306 $2,361 
Contract investment amortization(35)(2)(6)(43)
Net fee revenues1,676 342 300 2,318 
Owned, leased, and other revenue534 130 408 1,072 
Cost reimbursement revenue
10,336 393 721 11,450 
Total reportable segment revenue$12,546 $865 $1,429 $14,840 
Unallocated corporate and other
761 
Total revenue
$15,601 
Segment Profits
Segment Profits and Losses
Three Months Ended Nine Months Ended
($ in millions)September 30, 2020September 30, 2019September 30, 2020September 30, 2019
North America$66 $493 $188 $1,575 
Asia Pacific32 81 (19)276 
EMEA(21)98 (154)251 
Unallocated corporate and other
157 (53)146 (550)
Interest expense, net of interest income(107)(92)(313)(279)
(Provision) benefit for income taxes (27)(140)49 (279)
Net income (loss)$100 $387 $(103)$994