Business Segments (Tables)

The following table presents certain information regarding these operating segments for the three months ended March 31, 2013 and 2012.



	Market Services		Listing Services		Information Services		Technology Solutions		Corporate Items and Eliminations⁽¹⁾		Consolidated

	(in millions)
Three Months Ended March 31, 2013
Total revenues	$	508	$	55	$	108	$	73	$	-	$	744
Cost of revenues		(326)		-		-		-		-		(326)
Revenues less transaction rebates, brokerage, clearance and exchange fees		182		55		108		73		-		418
Operating income (loss)	$	74	$	24	$	81	$	2	$	(91)	$	90

Three Months Ended March 31, 2012
Total revenues	$	580	$	56	$	102	$	66	$	-	$	804
Cost of revenues		(390)		-		-		-		-		(390)
Revenues less transaction rebates, brokerage, clearance and exchange fees		190		56		102		66		-		414
Operating income (loss)	$	79	$	22	$	75	$	5	$	(10)	$	171

⁽¹⁾ Corporate items and eliminations for the three months ended March 31, 2013 primarily include expenses related to our voluntary accommodation program, expense related to an SEC matter, restructuring charges, merger and strategic initiatives expense and special legal expenses. Corporate items and eliminations for the three months ended March 31, 2012 primarily include restructuring charges and merger and strategic initiatives expense.

In connection with our change in reportable segments, total assets as of December 31, 2012 have been recast as presented in the following table.



	Market Services		Listing Services		Information Services		Technology Solutions		Corporate Items and Eliminations		Consolidated

	(in millions)
Total assets at March 31, 2013	$	4,970	$	256	$	2,441	$	623	$	898	$	9,188
Total assets at December 31, 2012		4,981		254		2,456		625		816		9,132

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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