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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATIONWe operate in three reportable segments: Merchant Solutions, Issuer Solutions and Business and Consumer Solutions. We evaluate performance and allocate resources based on the operating income of each operating segment. The operating income of each operating segment includes the revenues of the segment less expenses that are directly related to those revenues. Operating overhead, shared costs and share-based compensation costs are included in Corporate. Interest and other income, interest and other expense, income tax expense and equity in income of equity method investments, net of tax, are not allocated to the individual segments. We do not evaluate the performance of or allocate resources to our operating segments using asset data. The accounting policies of the reportable operating segments are the same as those described in our Annual Report on Form 10-K for the year ended December 31, 2020 and our summary of significant accounting policies in "Note 1 - Basis of Presentation and Summary of Significant Accounting Policies."
Information on segments and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization was as follows for the three months ended March 31, 2021 and 2020:
Three Months Ended
March 31, 2021March 31, 2020
(in thousands)
Revenues:
Merchant Solutions$1,267,872 $1,215,269 
Issuer Solutions500,251 503,762 
Business and Consumer Solutions243,585 203,946 
Intersegment eliminations(21,701)(19,379)
 Consolidated revenues$1,990,007 $1,903,598 
Operating income (loss)(1):
Merchant Solutions$339,989 $304,153 
Issuer Solutions68,455 59,304 
Business and Consumer Solutions61,923 31,112 
Corporate(195,108)(150,590)
Consolidated operating income$275,259 $243,979 
Depreciation and amortization:
Merchant Solutions$250,596 $233,021 
Issuer Solutions144,609 136,737 
Business and Consumer Solutions21,920 23,641 
Corporate8,448 4,419 
 Consolidated depreciation and amortization$425,573 $397,818 
(1) Operating loss for Corporate included acquisition and integration expenses of $90.1 million and $69.7 million during the three months ended March 31, 2021 and 2020, respectively.