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Segment Reporting | 3 Months Ended
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Mar. 31, 2019
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The Company's reportable segments correspond to how the Company organizes and manages the business and are aligned to the industries in which the Company's clients operate. Our financial performance is based on Segment Profit / (Loss) and Segment Adjusted EBITDA for the following three reportable segments: Commercial Industries, Government Services and Transportation. Commercial Industries: Our Commercial Industries segment provides business process services and customized solutions to clients in a variety of industries. Across the Commercial Industries segment, we deliver end-to-end business-to-business and business-to-customer services that enable our clients to optimize their key processes. Our multi-industry competencies include omni-channel communications, human resource management and finance and accounting services. Government Services: Our Government Services segment provides government-centric business process services to U.S. federal, state and local and foreign governments for, public assistance, program administration, transaction processing and payment services. Transportation: Our Transportation segment provides systems and support services to transportation departments and agencies globally. Offerings include support for electronic toll collection, public transit, parking and photo enforcement. Other includes our divestitures and our Student Loan business, which the Company exited in the third quarter of 2018. Selected financial information for our reportable segments is as follows:
|  | Three Months Ended March 31,
(in millions) |  | Commercial Industries |  | Government Services |  | Transportation |  | Other |  | Shared IT / Infrastructure & Corporate Costs |  | Total
March 31, 2019 |  |  |  |  |  |  |  | Divestitures |  | Other |  |  |  |
Revenue |  | $ | 612 |  |  | $ | 325 |  |  | $ | 184 |  |  | $ | 36 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 1,158 |
Segment profit (loss) |  | $ | 113 |  |  | $ | 86 |  |  | $ | 20 |  |  | $ | 1 |  |  | $ | — |  |  | $ | (151 | ) |  | $ | 69 |
Segment depreciation and amortization |  | $ | 22 |  |  | $ | 9 |  |  | $ | 9 |  |  | $ | — |  |  | $ | — |  |  | $ | 14 |  |  | $ | 54 |
Adjusted EBITDA |  | $ | 135 |  |  | $ | 95 |  |  | $ | 29 |  |  | $ | 1 |  |  | $ | — |  |  | $ | (137 | ) |  | $ | 123 |
March 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 654 |  |  | $ | 335 |  |  | $ | 176 |  |  | $ | 248 |  |  | $ | 7 |  |  | $ | — |  |  | $ | 1,420 |
Segment profit (loss) |  | $ | 110 |  |  | $ | 108 |  |  | $ | 27 |  |  | $ | 39 |  |  | $ | (3 | ) |  | $ | (176 | ) |  | $ | 105 |
Segment depreciation and amortization |  | $ | 28 |  |  | $ | 7 |  |  | $ | 8 |  |  | $ | 2 |  |  | $ | 1 |  |  | $ | 10 |  |  | $ | 56 |
Adjusted EBITDA |  | $ | 138 |  |  | $ | 115 |  |  | $ | 35 |  |  | $ | 41 |  |  | $ | (2 | ) |  | $ | (166 | ) |  | $ | 161 |
(in millions) |  | Three Months Ended March 31,
Segment Profit (Loss) Reconciliation to Pre-tax Income (Loss) |  | 2019 |  | 2018
Income (Loss) Before Income Taxes |  | $ | (338 | ) |  | $ | (54 | )
Reconciling items: |  |  |  |
Amortization of acquired intangible assets |  | 62 |  |  | 61 |
Restructuring and related costs |  | 16 |  |  | 20 |
Interest expense |  | 20 |  |  | 33 |
Goodwill impairment |  | 284 |  |  | — |
(Gain) loss on divestitures and transaction costs |  | 14 |  |  | 15 |
Litigation costs (recoveries), net |  | 12 |  |  | 31 |
Other (income) expenses, net |  | (1 | ) |  | (1 | )
Segment Pre-tax Income (Loss) |  | $ | 69 |  |  | $ | 105 |
Segment depreciation and amortization (including contract inducements) |  | $ | 54 |  |  | $ | 56 |
Adjusted EBITDA |  | $ | 123 |  |  | $ | 161 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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