Segment Reporting (Tables)

Summarized financial information concerning our reportable segments for the years ended December 31, 2024, 2023 and 2022 follows:


	Group 1		Group 2		Recycling & Waste Subtotal(1)		Group 3 (Environmental Solutions)		Corporate entities and other		Total
2024
Gross Revenue	$	8,332	$	7,891	$	16,223	$	1,864	$	331	$	18,418
Intercompany Revenue	(1,235)		(1,037)		(2,272)		(49)		(65)		(2,386)
Revenue Allocations	123		115		238		28		(266)		—
Net Revenue	$	7,220	$	6,969	$	14,189	$	1,843	$	—	$	16,032
Cost of Operations	4,129		4,079		8,208		1,142		—		9,350
SG&A	738		671		1,409		265		—		1,674
Other Segment Items	—		29		29		—		—		29
Adjusted EBITDA	$	2,353	$	2,190	$	4,543	$	436	$	—	$	4,979
Capital Expenditures	$	874	$	574	$	1,448	$	136	$	271	$	1,855
Total Assets	$	14,250	$	11,046	$	25,296	$	4,459	$	2,647	$	32,402


	Group 1		Group 2		Recycling & Waste Subtotal(1)		Group 3 (Environmental Solutions)		Corporate entities and other		Total
2023
Gross Revenue	$	7,769	$	7,566	$	15,335	$	1,701	$	243	$	17,279
Intercompany Revenue	(1,171)		(1,011)		(2,182)		(56)		(76)		(2,314)
Revenue Allocations	96		91		187		(20)		(167)		—
Net Revenue	$	6,694	$	6,646	$	13,340	$	1,625	$	—	$	14,965
Cost of Operations	3,878		4,033		7,911		1,032		—		8,943
SG&A	681		649		1,330		279		—		1,609
Other Segment Items	—		—		—		(34)		—		(34)
Adjusted EBITDA	$	2,135	$	1,964	$	4,099	$	348	$	—	$	4,447
Capital Expenditures	$	707	$	542	$	1,249	$	145	$	237	$	1,631
Total Assets	$	13,665	$	10,988	$	24,653	$	4,471	$	2,286	$	31,410


	Group 1		Group 2		Recycling & Waste Subtotal(1)		Group 3 (Environmental Solutions)		Corporate entities and other		Total
2022
Gross Revenue	$	7,107	$	7,029	$	14,136	$	1,262	$	247	$	15,645
Intercompany Revenue	(1,090)		(945)		(2,035)		(47)		(52)		(2,134)
Revenue Allocations	103		99		202		(7)		(195)		—
Net Revenue	$	6,120	$	6,183	$	12,303	$	1,208	$	—	$	13,511
Cost of Operations	3,541		3,846		7,387		818		—		8,205
SG&A	612		586		1,198		256		—		1,454
Other Segment Items	—		—		—		(77)		—		(77)
Adjusted EBITDA	$	1,967	$	1,751	$	3,718	$	211	$	—	$	3,929
Capital Expenditures	$	620	$	542	$	1,162	$	133	$	159	$	1,454
Total Assets	$	12,418	$	10,528	$	22,946	$	4,090	$	2,017	$	29,053

(1) The Recycling & Waste Subtotal represents the combined results of our Group 1 and Group 2 reportable segments.

A reconciliation of the Company's single measure of segment profitability (segment adjusted EBITDA) to Income before income tax provision in the Consolidated Statements of Net Income is as follows for the years ended December 31, 2024, 2023 and 2022 (in millions of dollars):


	2024		2023		2022
Group 1 Adjusted EBITDA	$	2,353	$	2,135	$	1,967
Group 2 Adjusted EBITDA	2,190		1,964		1,751
Group 3 Adjusted EBITDA	436		348		211
Total Adjusted EBITDA	4,979		4,447		3,929
Other income (expense), net	(23)		(7)		2
Interest income	(9)		(6)		(3)
Interest expense	539		508		395
Depreciation, depletion and amortization	1,677		1,501		1,352
Accretion	107		98		89
Loss from unconsolidated equity method investments	255		94		166
Adjustment to withdrawal liability for multiemployer pension funds	—		5		(2)
Restructuring charges	29		33		27
Gain on certain divestitures and impairments, net	(30)		(4)		(6)
US Ecology, Inc. acquisition integration and deal costs	—		34		77

Loss on extinguishment of debt and other related costs	2		—		—
Income before income taxes	$	2,432	$	2,191	$	1,832