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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Information on segments and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization were as follows for the three and nine months ended September 30, 2022 and 2021:
Three Months EndedNine Months Ended
September 30, 2022September 30, 2021September 30, 2022September 30, 2021
(in thousands)
Revenues:(1)
Merchant Solutions$1,596,326 $1,495,898 $4,651,061 $4,190,524 
Issuer Solutions566,039 545,486 1,663,008 1,596,104 
Consumer Solutions147,337 183,591 478,082 608,645 
Intersegment eliminations(24,331)(22,638)(69,620)(65,492)
 Consolidated revenues$2,285,371 $2,202,337 $6,722,531 $6,329,781 
Operating income (loss)(1):
Merchant Solutions$550,684 $488,407 $1,530,573 $1,265,689 
Issuer Solutions97,548 85,717 244,190 245,588 
Consumer Solutions23,175 27,208 67,735 114,804 
Corporate(2)
(236,042)(201,249)(575,758)(588,181)
Impairment of goodwill(3)
— — (833,075)— 
Loss on business dispositions(4)
(48,933)— (201,144)— 
Consolidated operating income$386,432 $400,083 $232,521 $1,037,900 
Depreciation and amortization:(1)
Merchant Solutions$243,300 $244,055 $742,153 $743,154 
Issuer Solutions156,936 148,066 467,287 443,176 
Consumer Solutions— 18,673 35,776 57,721 
Corporate5,266 7,767 16,545 22,127 
 Consolidated depreciation and amortization$405,502 $418,561 $1,261,761 $1,266,178 

(1) Revenues, operating income (loss) and depreciation and amortization reflect the effects of acquired businesses from the respective acquisition dates and the effects of divested businesses through the respective disposal dates. See “Note 2—Acquisitions” and “Note 3—Business Dispositions” for further discussion.

(2) Operating loss for Corporate included acquisition and integration expenses of $75.3 million and $70.7 million for the three months ended September 30, 2022 and 2021, respectively. Operating loss for Corporate included acquisition and integration expenses of $184.8 million and $237.7 million for the nine months ended September 30, 2022 and 2021, respectively. For the three and nine months ended September 30, 2022, operating loss for Corporate also included $31.7 million and $40.0 million, respectively, of other charges related to facilities exit activities.

(3) For the nine months ended September 30, 2022, consolidated operating income included a $833.1 million goodwill impairment charge related to our former Business and Consumer Solutions reporting unit. See “Note 5—Goodwill and Other Intangible Assets” for further discussion.

(4) For the three and nine months ended September 30, 2022, consolidated operating income included charges of $48.9 million and $73.9 million, respectively, to reduce the carrying amount of the consumer business disposal group to estimated fair value less costs to sell. During the nine months ended September 30, 2022, consolidated operating income included a $127.2 million loss on the sale of our Merchant Solutions business in Russia.