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Segment Reporting
 3 Months Ended
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