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SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION Reportable Segments. We manage our business and report our financial results through the following three reportable segments, which are the same as our operating segments: –Workforce Solutions –U.S. Information Solutions (“USIS”) –International The accounting policies of the reportable segments are the same as those described in our summary of significant accounting policies in Note 1 of the Notes to Consolidated Financial Statements in our 2024 Form 10-K. We evaluate the performance of these reportable segments based on their operating revenue, operating income and operating margins, excluding any unusual or infrequent items, if any. The measurement criteria for segment profit or loss and segment assets are substantially the same for each reportable segment. Inter-segment sales, expenses and transfers are not material for all periods presented. A summary of segment products and services is as follows: Workforce Solutions. This segment provides services enabling customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure and sanctions of people in the U.S., as well as providing our employer customers with services that assist them in complying with and automating certain payroll-related and human resource management processes throughout the entire cycle of the employment relationship, including unemployment cost management, employee screening, employee onboarding, tax credits and incentives, I-9 management and compliance, immigration case management, tax form management services and Affordable Care Act management services. U.S. Information Solutions. This segment includes consumer and commercial information services (such as credit information and credit scoring, credit modeling services and portfolio analytics, locate services, fraud detection and prevention services, identity verification services and other consulting services); mortgage services; financial marketing services; identity management; and credit monitoring products sold to resellers or directly to consumers. International. We operate in the following regions: Latin America, Europe, Asia Pacific and Canada. The International segment includes information services products, which includes consumer and commercial services (such as credit and financial information, credit scoring and credit modeling services), credit and other marketing products and services. In Asia Pacific, Europe and Latin America, we also provide information, technology and services to support debt collections and recovery management. In Europe and Canada, we also provide credit monitoring products to resellers or directly to consumers. Segment information for the three and nine months ended September 30, 2025 and 2024 are as follows:
|  | Three Months Ended September 30, 2025
|  | Workforce Solutions |  | U.S. Information Solutions |  | International |  | Total
|  | (In millions)
Operating Revenue |  | $ | 649.4 |  |  | $ | 530.2 |  |  | $ | 365.3 |  |  | $ | 1,544.9 |
Less: (1) |  |  |  |  |  |  |  |
Cost of services |  | 237.9 |  |  | 239.8 |  |  | 157.4 |  |  | 635.1 |
Selling, general and administrative expenses |  | 79.8 |  |  | 104.3 |  |  | 102.1 |  |  | 286.2 |
Depreciation and amortization expenses |  | 47.2 |  |  | 62.8 |  |  | 48.1 |  |  | 158.1 |
Operating Income |  | $ | 284.5 |  |  | $ | 123.3 |  |  | $ | 57.7 |  |  | $ | 465.5 |
Reconciliation of segment operating income to consolidated income before income taxes: |  |  |  |  |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |  |
General corporate expense (2) |  |  |  |  |  |  |  | $ | (201.2) |
Other income, net |  |  |  |  |  |  |  | 3.2 |
Interest expense (3) |  |  |  |  |  |  |  | (52.2) |
Consolidated income before income taxes |  |  |  |  |  |  |  | $ | 215.3 |
|  | Three Months Ended September 30, 2024
|  | Workforce Solutions |  | U.S. Information Solutions |  | International |  | Total
|  | (In millions)
Operating Revenue |  | $ | 620.0 |  |  | $ | 476.9 |  |  | $ | 344.9 |  |  | $ | 1,441.8 |
Less: (1) |  |  |  |  |  |  |  |
Cost of services |  | 227.4 |  |  | 221.3 |  |  | 163.3 |  |  | 612.0 |
Selling, general and administrative expenses |  | 80.1 |  |  | 96.5 |  |  | 89.9 |  |  | 266.5 |
Depreciation and amortization expenses |  | 44.9 |  |  | 61.0 |  |  | 43.6 |  |  | 149.5 |
Operating Income |  | $ | 267.6 |  |  | $ | 98.1 |  |  | $ | 48.1 |  |  | $ | 413.8 |
Reconciliation of segment operating income to consolidated income before income taxes: |  |  |  |  |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |  |
General corporate expense (2) |  |  |  |  |  |  |  | $ | (166.7) |
Other income, net |  |  |  |  |  |  |  | 3.0 |
Interest expense (3) |  |  |  |  |  |  |  | (56.3) |
Consolidated income before income taxes |  |  |  |  |  |  |  | $ | 193.8 |
|  | Nine Months Ended September 30, 2025
|  | Workforce Solutions |  | U.S. Information Solutions |  | International |  | Total
|  | (In millions)
Operating Revenue |  | $ | 1,930.1 |  |  | $ | 1,551.6 |  |  | $ | 1,042.2 |  |  | $ | 4,523.9 |
Less: (1) |  |  |  |  |  |  |  |
Cost of services |  | 703.6 |  |  | 706.6 |  |  | 481.4 |  |  | 1,891.6 |
Selling, general and administrative expenses |  | 234.0 |  |  | 309.3 |  |  | 301.2 |  |  | 844.5 |
Depreciation and amortization expenses |  | 136.5 |  |  | 188.8 |  |  | 137.9 |  |  | 463.2 |
Operating Income |  | $ | 856.0 |  |  | $ | 346.9 |  |  | $ | 121.7 |  |  | $ | 1,324.6 |
Reconciliation of segment operating income to consolidated income before income taxes: |  |  |  |  |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |  |
General corporate expense (2) |  |  |  |  |  |  |  | $ | (513.6) |
Other income, net |  |  |  |  |  |  |  | 9.2 |
Interest expense (3) |  |  |  |  |  |  |  | (158.2) |
Consolidated income before income taxes |  |  |  |  |  |  |  | $ | 662.0 |
|  | Nine Months Ended September 30, 2024
|  | Workforce Solutions |  | U.S. Information Solutions |  | International |  | Total
|  | (In millions)
Operating Revenue |  | $ | 1,835.6 |  |  | $ | 1,420.5 |  |  | $ | 1,005.6 |  |  | $ | 4,261.7 |
Less: (1) |  |  |  |  |  |  |  |
Cost of services |  | 665.7 |  |  | 657.7 |  |  | 480.0 |  |  | 1,803.4 |
Selling, general and administrative expenses |  | 240.9 |  |  | 298.9 |  |  | 273.8 |  |  | 813.6 |
Depreciation and amortization expenses |  | 133.6 |  |  | 174.6 |  |  | 131.4 |  |  | 439.6 |
Operating Income |  | $ | 795.4 |  |  | $ | 289.3 |  |  | $ | 120.4 |  |  | $ | 1,205.1 |
Reconciliation of segment operating income to consolidated income before income taxes: |  |  |  |  |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |  |
General corporate expense (2) |  |  |  |  |  |  |  | $ | (451.1) |
Other income, net |  |  |  |  |  |  |  | 4.3 |
Interest expense (3) |  |  |  |  |  |  |  | (173.4) |
Consolidated income before income taxes |  |  |  |  |  |  |  | $ | 584.9 |
(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the Chief Operating Decision Maker ("CODM"). (2)General corporate expenses include corporate depreciation and amortization expenses that are not related to a specific business unit and are incurred at the corporate level, as well as unallocated costs incurred at the corporate level and those expenses impacted by the overall management and strategic choices of the company, including shared services overhead, technology, security, data and analytics, administrative, legal, restructuring charges to the extent reported in the period, and the portion of management incentive compensation determined by total company-wide performance. (3)Interest expense includes interest incurred on our outstanding debt agreements.
|  | September 30, |  | December 31,
Total assets: |  | 2025 |  | 2024
|  | (in millions)
Workforce Solutions |  | $ | 4,034.2 |  |  | $ | 4,104.9 |
U.S. Information Solutions |  | 3,357.5 |  |  | 3,386.2 |
International |  | 3,618.8 |  |  | 3,451.6 |
General Corporate |  | 821.3 |  |  | 816.7 |
Total assets |  | $ | 11,831.8 |  |  | $ | 11,759.4 |
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
Capital expenditures: |  | 2025 |  | 2024 |  | 2025 |  | 2024
|  | (in millions)
Workforce Solutions |  | $ | 25.7 |  |  | $ | 24.3 |  |  | $ | 71.9 |  |  | $ | 72.8 |
U.S. Information Solutions |  | 25.5 |  |  | 40.5 |  |  | 76.9 |  |  | 130.0 |
International |  | 35.8 |  |  | 33.5 |  |  | 97.4 |  |  | 95.5 |
General Corporate |  | 38.8 |  |  | 24.9 |  |  | 102.9 |  |  | 80.6 |
Total capital expenditures* |  | $ | 125.8 |  |  | $ | 123.2 |  |  | $ | 349.1 |  |  | $ | 378.9 |
*Amounts above include accruals for capital expenditures.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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