Note 11 - Segment Information

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

11. Segment Information

We have four reportable business segments – Intermodal (JBI), Dedicated Contract Services

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(DCS), Integrated Capacity Solutions (ICS), and Truck (JBT) – which are based primarily on the services each segment provides. The JBI segment includes freight that is transported by rail over at least some portion of the movement and also includes certain repositioning truck freight moved by JBI equipment or third-party carriers, when such highway movement is intended to direct JBI equipment back toward intermodal operations. DCS segment business includes company-owned and customer-owned, DCS-operated revenue equipment and employee drivers assigned to a specific customer, traffic lane, or service. DCS operations usually include formal, written longer-term agreements or contracts that govern services performed and applicable rates. ICS provides non-asset and asset-light transportation solutions to customers through relationships with third-party carriers and integration with JBHT-owned equipment. ICS services include flatbed, refrigerated, and LTL, as well as a variety of dry-van and intermodal solutions. JBT business includes full-load, dry-van freight that is typically transported utilizing company-owned or company-controlled revenue equipment. This freight is typically transported over roads and highways and does not move by rail. All transactions between reporting segments are eliminated in consolidation.

Our customers are geographically dispersed across the United States. A summary of certain segment information as of December 31 is presented below (in millions):

	Assets (Excludes intercompany accounts)
	December 31,
	2015		2014		2013
JBI	$	1,848	$	1,733	$	1,611
DCS		949		832		721
ICS		99		106		78
JBT		286		289		164
Other (includes corporate)		455		418		245
Total	$	3,637	$	3,378	$	2,819

	Revenues
	Years ended December 31,
	2015			2014			2013
JBI	$	3,665		$	3,687		$	3,456
DCS		1,451			1,394			1,231
ICS		699			718			537
JBT		386			386			391
Total segment revenues		6,201			6,185			5,615
Intersegment eliminations		(13	)		(20	)		(30	)
Total	$	6,188		$	6,165		$	5,585

	Operating Income
	Years ended December 31,
	2015		2014		2013
JBI	$	477	$	461	$	447
DCS		163		117		110
ICS		36		30		16
JBT		40		24		4
Total	$	716	$	632	$	577

	Depreciation and Amortization Expense
	Years ended December 31,
	2015		2014		2013
JBI	$	148	$	130	$	116
DCS		133		117		97
JBT		42		32		29
Other		17		15		11
Total	$	340	$	294	$	253