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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2022
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, 2021 and our summary of significant accounting policies in "Note 1 - Basis of Presentation and Summary of Significant Accounting Policies." During the first quarter of 2022, the recently acquired operations of MineralTree were reassigned to the Issuer Solutions segment to reflect how the business will be managed going forward.
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, 2022 and 2021:
Three Months Ended
March 31, 2022March 31, 2021
(in thousands)
Revenues:(1)
Merchant Solutions$1,473,019 $1,267,872 
Issuer Solutions511,501 500,251 
Business and Consumer Solutions195,772 243,585 
Intersegment eliminations(24,038)(21,701)
 Consolidated revenues$2,156,254 $1,990,007 
Operating income (loss)(1)(2):
Merchant Solutions$444,530 $339,989 
Issuer Solutions58,102 68,455 
Business and Consumer Solutions33,658 61,923 
Corporate(160,343)(195,108)
Consolidated operating income$375,947 $275,259 
Depreciation and amortization:(1)
Merchant Solutions$249,961 $250,596 
Issuer Solutions152,123 144,609 
Business and Consumer Solutions20,269 21,920 
Corporate6,319 8,448 
 Consolidated depreciation and amortization$428,672 $425,573 

(1) Revenues, operating income and depreciation and amortization reflect the effects of acquired businesses from the respective acquisition dates.
(2) Operating loss for Corporate included acquisition and integration expenses of $48.2 million and $90.1 million during the three months ended March 31, 2022 and 2021, respectively.