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SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Financial Information by Segment The table below shows revenue and Adjusted Operating Income by reportable segment. Adjusted Operating Income is a financial metric utilized by the Company’s chief operating decision maker to assess the profitability of each reportable segment. Refer to Note 2 for further details on the components of the Company’s revenue.
Three Months Ended September 30,
20232022
MA
MIS
Eliminations
Consolidated
MA
MIS
Eliminations
Consolidated
Total external revenue$776 $696 $— $1,472 $685 $590 $— $1,275 
Intersegment revenue3 47 (50)— 2 43 (45)— 
Revenue779 743 (50)1,472 687 633 (45)1,275 
Operating, SG&A517 348 (50)815 479 344 (45)778 
Adjusted Operating Income$262 $395 $— $657 $208 $289 $— $497 
Add:

Depreciation and
amortization		76 19 — 95 62 21 — 83 
Restructuring22 5 — 27 1 — — 1 
Operating Income$535 $413 
Nine Months Ended September 30,
20232022
MA
MIS
Eliminations
Consolidated
MA
MIS
Eliminations
Consolidated
Total external revenue$2,260 $2,176 $— $4,436 $2,055 $2,123 $— $4,178 
Intersegment revenue10 138 (148)— 5 129 (134)— 
Revenue2,270 2,314 (148)4,436 2,060 2,252 (134)4,178 
Operating, SG&A1,584 1,034 (148)2,470 1,423 1,038 (134)2,327 
Adjusted Operating Income$686 $1,280 $— $1,966 $637 $1,214 $— $1,851 
Add:
Depreciation and amortization220 56 — 276 182 60 — 242 
Restructuring38 13 — 51 17 15 — 32 
Operating Income$1,639 $1,577 
Restructuring Expenses Included in Consolidated Statements of Operations
Total expense included in the accompanying consolidated statements of operations relating to the aforementioned restructuring program is below:
Three months ended September 30,
20232022
Employee 
Termination Costs
Real Estate Related Costs (1)
Total
Employee 
Termination Costs (1)
Real Estate Related Costs
Total
2022 - 2023 Geolocation Restructuring Program$17 $10 $27 $1 $— $1 
Total Restructuring$17 $10 $27 $1 $— $1 
Nine months ended September 30,
20232022
Employee 
Termination Costs
Real Estate Related Costs (1)
Total
Employee 
Termination Costs
Real Estate Related Costs
Total
2020 MA Strategic Reorganization Restructuring Program$— $— $— $(1)$— $(1)
2022 - 2023 Geolocation Restructuring Program39 12 51 33 — 33 
Total Restructuring$39 $12 $51 $32 $— $32 
(1)Primarily includes ROU Asset impairment charges for the three and nine months ended September 30, 2023. The fair value of the impaired asset was determined by utilizing the present value of the estimated future cash flows attributable to the asset. The fair value of the asset subsequent to the impairment was $4 million.
The table below shows cumulative restructuring expense incurred through September 30, 2023 by reportable segment.
MAMISTotal
2022 - 2023 Geolocation Restructuring Program$87 $77 $164 
Company's Reportable Segment Revenues Disaggregated by Segment and Geographic Region
The following table presents the Company’s reportable segment revenues disaggregated by segment and geographic region:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023202220232022
MA:
U.S.$340 $306 $991 $913 
Non-U.S.:
EMEA300 254 867 774 
Asia-Pacific78 72 229 211 
Americas58 53 173 157 
Total Non-U.S.436 379 1,269 1,142 
Total MA776 685 2,260 2,055 
MIS:
U.S.428 362 1,329 1,301 
Non-U.S.:
EMEA155 139 509 497 
Asia-Pacific67 57 213 211 
Americas46 32 125 114 
Total Non-U.S.268 228 847 822 
Total MIS696 590 2,176 2,123 
Total MCO$1,472 $1,275 $4,436 $4,178 
    
Three Months Ended September 30,
Nine Months Ended September 30,
2023202220232022
United States$768 $668 $2,320 $2,214 
Non-U.S.:
EMEA455 393 1,376 1,271 
Asia-Pacific145 129 442 422 
Americas104 85 298 271 
Total Non-U.S.704 607 2,116 1,964 
Total$1,472 $1,275 $4,436 $4,178