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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
During 2022, as a result of the pending divestiture of the consumer business and changes in how the business is managed, we realigned the businesses previously comprising our Business and Consumer Solutions segment to include the business-to-business portion within our Issuer Solutions segment and the consumer portion forming our new Consumer Solutions segment. Our three reportable segments now are: Merchant Solutions, Issuer Solutions and Consumer Solutions. The presentation of segment information for the three months ended March 31, 2022 has been recast to align with the segment presentation for the three months ended March 31, 2023.

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. Impairment of goodwill and gains or losses on business dispositions are not included in segment operating income. 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, 2022 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 were as follows for the three months ended March 31, 2023 and 2022:
Three Months Ended
March 31, 2023March 31, 2022
(in thousands)
Revenues:(1)
Merchant Solutions$1,605,610 $1,473,019 
Issuer Solutions570,907 537,326 
Consumer Solutions143,709 169,115 
Intersegment eliminations(27,779)(23,206)
 Consolidated revenues$2,292,447 $2,156,254 
Operating income (loss)(1):
Merchant Solutions$507,210 $444,530 
Issuer Solutions82,810 69,142 
Consumer Solutions(5,798)22,618 
Corporate(2)
(282,654)(160,343)
Loss on business dispositions(244,833)— 
Consolidated operating income$56,735 $375,947 
Depreciation and amortization:(1)
Merchant Solutions$241,573 $249,961 
Issuer Solutions160,853 154,545 
Consumer Solutions— 17,847 
Corporate4,912 6,319 
 Consolidated depreciation and amortization$407,338 $428,672 

(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—Acquisition” and “Note 3—Business Dispositions” for further discussion.
(2) Operating loss for Corporate included acquisition and integration expenses of $87.8 million and $48.2 million for the three months ended March 31, 2023 and 2022, respectively.