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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Information on segments and reconciliations to consolidated revenues, consolidated operating income (loss) and consolidated depreciation and amortization were as follows for the three and nine months ended September 30, 2023 and 2022:
Three Months EndedNine Months Ended
September 30, 2023September 30, 2022September 30, 2023September 30, 2022
(in thousands)
Revenues(1):
Merchant Solutions$1,884,006 $1,596,326 $5,331,909 $4,651,061 
Issuer Solutions607,848 566,039 1,769,196 1,663,008 
Consumer Solutions— 147,337 182,740 478,082 
Intersegment eliminations(16,163)(24,331)(63,238)(69,620)
 Consolidated revenues$2,475,691 $2,285,371 $7,220,607 $6,722,531 
Operating income (loss)(1):
Merchant Solutions$637,864 $550,684 $1,748,622 $1,530,573 
Issuer Solutions113,877 97,548 292,388 244,190 
Consumer Solutions— 23,175 (3,908)67,735 
Corporate(2)
(193,545)(236,042)(680,337)(575,758)
Impairment of goodwill— — — (833,075)
Net loss on business dispositions— (48,933)(139,095)(201,144)
Consolidated operating income$558,196 $386,432 $1,217,670 $232,521 
Depreciation and amortization(1):
Merchant Solutions$291,260 $243,300 $827,891 $742,153 
Issuer Solutions161,786 156,936 484,560 467,287 
Consumer Solutions— — — 35,776 
Corporate5,578 5,266 15,600 16,545 
 Consolidated depreciation and amortization$458,624 $405,502 $1,328,051 $1,261,761 

(1) Revenues, operating income 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 $74.4 million and $75.3 million for the three months ended September 30, 2023 and 2022, respectively. Operating loss for Corporate included acquisition and integration expenses of $222.4 million and $184.8 million for the nine months ended September 30, 2023 and 2022, respectively. During 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, while facilities exit actions resulted in charges during the three and nine months ended September 30, 2023 of $3.7 million and $15.0 million, respectively.