| Summary of Results by Segment |
Our results by segment are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
| (In millions) |
2022 |
|
2021 |
|
2020 |
| Revenues: |
|
|
|
|
|
| AG真人平台AG真人试玩making |
$ |
22,383听
|
|
|
$ |
19,901听 |
|
|
$ |
4,965听 |
|
| Other Businesses |
606听
|
|
|
543听 |
|
|
389听 |
|
| Total revenues |
$ |
22,989听
|
|
|
$ |
20,444听 |
|
|
$ |
5,354听 |
|
|
|
|
|
|
|
| Adjusted EBITDA: |
|
|
|
|
|
| AG真人平台AG真人试玩making |
$ |
3,089听
|
|
|
$ |
5,280听 |
|
|
$ |
316听 |
|
| Other Businesses |
69听
|
|
|
9听 |
|
|
47听 |
|
Eliminations1
|
11听
|
|
|
(12) |
|
|
(10) |
|
| Total Adjusted EBITDA |
$ |
3,169听
|
|
|
$ |
5,277听 |
|
|
$ |
353听 |
|
|
|
|
|
|
|
1 In 2022, we began allocating Corporate Selling, general and administrative expenses to our operating segments. Prior periods have been adjusted to reflect this change. The Eliminations line now only includes sales between segments.
|
The following table provides a reconciliation of our consolidated Net income (loss) to total Adjusted EBITDA:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
| (In millions) |
2022 |
|
2021 |
|
2020 |
| Net income (loss) |
$ |
1,376听
|
|
|
$ |
3,033听 |
|
|
$ |
(81) |
|
| Less: |
|
|
|
|
|
| Interest expense, net |
(276) |
|
|
(337) |
|
|
(238) |
|
| Income tax benefit (expense) |
(423) |
|
|
(773) |
|
|
111听 |
|
| Depreciation, depletion and amortization |
(1,034) |
|
|
(897) |
|
|
(308) |
|
|
3,109听
|
|
|
5,040听 |
|
|
354听 |
|
| Less: |
|
|
|
|
|
EBITDA from noncontrolling interests1
|
74听
|
|
|
75听 |
|
|
56听 |
|
| Gain (loss) on extinguishment of debt |
(75) |
|
|
(88) |
|
|
130听 |
|
| Acquisition-related expenses and adjustments |
(1) |
|
|
(197) |
|
|
(148) |
|
| Asset impairment |
(29) |
|
|
鈥斕� |
|
|
鈥斕� |
|
| Other, net |
(29) |
|
|
(27) |
|
|
(37) |
|
| Total Adjusted EBITDA |
$ |
3,169听
|
|
|
$ |
5,277听 |
|
|
$ |
353听 |
|
|
|
|
|
|
|
1 EBITDA of noncontrolling interests includes the following:
|
|
|
|
|
|
| Net income attributable to noncontrolling interests |
$ |
41听
|
|
|
$ |
45听 |
|
|
$ |
41听 |
|
| Depreciation, depletion and amortization |
33听
|
|
|
30听 |
|
|
15听 |
|
| EBITDA of noncontrolling interests |
$ |
74听
|
|
|
$ |
75听 |
|
|
$ |
56听 |
|
The following table summarizes our depreciation, depletion and amortization and capital additions by segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
| (In millions) |
2022 |
|
2021 |
|
2020 |
| Depreciation, depletion and amortization: |
|
|
|
|
|
| AG真人平台AG真人试玩making |
$ |
(994) |
|
|
$ |
(860) |
|
|
$ |
(281) |
|
| Other Businesses |
(40) |
|
|
(37) |
|
|
(27) |
|
| Total depreciation, depletion and amortization |
$ |
(1,034) |
|
|
$ |
(897) |
|
|
$ |
(308) |
|
|
|
|
|
|
|
Capital additions1:
|
|
|
|
|
|
| AG真人平台AG真人试玩making |
$ |
997听
|
|
|
$ |
787听 |
|
|
$ |
436听 |
|
| Other Businesses |
30听
|
|
|
52听 |
|
|
45听 |
|
| Corporate |
6听
|
|
|
18听 |
|
|
2听 |
|
| Total capital additions |
$ |
1,033听
|
|
|
$ |
857听 |
|
|
$ |
483听 |
|
|
|
|
|
|
|
1 Refer to NOTE 2 - SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION for additional information.
|
|
| Summary of Assets by Segment |
The following summarizes our assets by segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, |
| (In millions) |
2022 |
|
2021 |
| Assets: |
|
|
|
| AG真人平台AG真人试玩making |
$ |
18,070听
|
|
|
$ |
18,326听 |
|
| Other Businesses |
315听
|
|
|
306听 |
|
| Total segment assets |
18,385听
|
|
|
18,632听 |
|
| Corporate/Eliminations |
370听
|
|
|
343听 |
|
| Total assets |
$ |
18,755听
|
|
|
$ |
18,975听 |
|
|
| Summary of Amounts Relating to Geographic Location |
Included in the consolidated financial statements are the following amounts relating to geographic location based on product destination:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In millions) |
2022 |
|
2021 |
|
2020 |
| Revenues: |
|
|
|
|
|
| United States |
$ |
20,991听
|
|
|
$ |
18,881听 |
|
|
$ |
4,580听 |
|
| Canada |
963听
|
|
|
803听 |
|
|
602听 |
|
| Other countries |
1,035听
|
|
|
760听 |
|
|
172听 |
|
| Total revenues |
$ |
22,989听
|
|
|
$ |
20,444听 |
|
|
$ |
5,354听 |
|
| Property, plant and equipment, net: |
|
|
|
|
|
| United States |
$ |
8,981听
|
|
|
$ |
9,092听 |
|
|
$ |
8,647听 |
|
| Canada |
88听
|
|
|
93听 |
|
|
91听 |
|
| Other countries |
1听
|
|
|
1听 |
|
|
5听 |
|
| Total property, plant and equipment, net |
$ |
9,070听
|
|
|
$ |
9,186听 |
|
|
$ |
8,743听 |
|
|