| Summary of Results by Segment |
Our results by segment are as follows:
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Year Ended December 31, |
| (In millions) |
2023 |
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2022 |
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2021 |
| Revenues: |
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| AG真人平台AG真人试玩making |
$ |
21,331听
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$ |
22,383听 |
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$ |
19,901听 |
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| Other Businesses |
665听
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606听 |
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543听 |
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| Total revenues |
$ |
21,996听
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$ |
22,989听 |
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$ |
20,444听 |
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| Adjusted EBITDA: |
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| AG真人平台AG真人试玩making |
$ |
1,873听
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$ |
3,089听 |
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$ |
5,280听 |
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| Other Businesses |
43听
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69听 |
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9听 |
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| Eliminations |
(5) |
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11听 |
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(12) |
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| Total Adjusted EBITDA |
$ |
1,911听
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$ |
3,169听 |
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$ |
5,277听 |
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The following table provides a reconciliation of our consolidated Net income to total Adjusted EBITDA:
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Year Ended December 31, |
| (In millions) |
2023 |
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2022 |
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2021 |
| Net income |
$ |
450听
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$ |
1,376听 |
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$ |
3,033听 |
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| Less: |
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| Interest expense, net |
(289) |
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(276) |
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(337) |
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| Income tax expense |
(148) |
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(423) |
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(773) |
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| Depreciation, depletion and amortization |
(973) |
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(1,034) |
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(897) |
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1,860听
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3,109听 |
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5,040听 |
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| Less: |
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EBITDA from noncontrolling interests1
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83听
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74听 |
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75听 |
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| Acquisition-related expenses and adjustments |
(12) |
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(1) |
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(197) |
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| Goodwill impairment |
(125) |
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鈥斕� |
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鈥斕� |
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| Non-cash gain on sale of business |
28听
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鈥斕� |
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鈥斕� |
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| Loss on extinguishment of debt |
鈥�听
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(75) |
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(88) |
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| Asset impairment |
鈥�听
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(29) |
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鈥斕� |
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| Other, net |
(25) |
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(29) |
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(27) |
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| Total Adjusted EBITDA |
$ |
1,911听
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$ |
3,169听 |
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$ |
5,277听 |
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1 EBITDA of noncontrolling interests includes the following:
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| Net income attributable to noncontrolling interests |
$ |
51听
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$ |
41听 |
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$ |
45听 |
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| Depreciation, depletion and amortization |
32听
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33听 |
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30听 |
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| EBITDA of noncontrolling interests |
$ |
83听
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$ |
74听 |
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$ |
75听 |
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The following table summarizes our depreciation, depletion and amortization and capital additions by segment:
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Year Ended December 31, |
| (In millions) |
2023 |
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2022 |
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2021 |
| Depreciation, depletion and amortization: |
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| AG真人平台AG真人试玩making |
$ |
(938) |
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$ |
(994) |
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$ |
(860) |
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| Other Businesses |
(35) |
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(40) |
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(37) |
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| Total depreciation, depletion and amortization |
$ |
(973) |
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$ |
(1,034) |
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$ |
(897) |
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Capital additions1:
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| AG真人平台AG真人试玩making |
$ |
778听
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$ |
997听 |
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$ |
787听 |
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| Other Businesses |
3听
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30听 |
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52听 |
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| Corporate |
4听
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6听 |
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18听 |
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| Total capital additions |
$ |
785听
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$ |
1,033听 |
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$ |
857听 |
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1 Refer to NOTE 2 - SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION for additional information.
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| Summary of Assets by Segment |
The following summarizes our assets by segment:
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December 31, |
| (In millions) |
2023 |
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2022 |
| Assets: |
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| AG真人平台AG真人试玩making |
$ |
16,880听
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$ |
18,070听 |
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| Other Businesses |
657听
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836听 |
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| Intersegment eliminations |
(507) |
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(521) |
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| Total segment assets |
17,030听
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18,385听 |
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| Corporate/Eliminations |
507听
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370听 |
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| Total assets |
$ |
17,537听
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$ |
18,755听 |
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| 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:
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| (In millions) |
2023 |
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2022 |
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2021 |
| Revenues: |
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| United States |
$ |
20,000听
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$ |
20,991听 |
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$ |
18,881听 |
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| Canada |
1,046听
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963听 |
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803听 |
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| Other countries |
950听
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1,035听 |
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760听 |
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| Total revenues |
$ |
21,996听
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$ |
22,989听 |
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$ |
20,444听 |
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| Property, plant and equipment, net: |
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| United States |
$ |
8,816听
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$ |
8,981听 |
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$ |
9,092听 |
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| Canada |
78听
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88听 |
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93听 |
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| Other countries |
1听
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1听 |
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1听 |
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| Total property, plant and equipment, net |
$ |
8,895听
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$ |
9,070听 |
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$ |
9,186听 |
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