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Revenue (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue earned from contracts with customers
The following tables represent the disaggregation of revenue earned from contracts with customers which are in the scope of the new accounting standard, by product type and region for the three and nine months ended September 30, 2018 (in millions). The regional split of revenue shown in the tables below is based upon where transactions are initiated. Revenues that would have been reported under previous accounting guidance would not have been materially different from the amounts shown below:
 
 
Three Months Ended September 30, 2018
 
 
Consumer Money Transfers
 
Foreign Exchange and Payment Services
 
Consumer Bill Payments
 
Other Services
 
Total
Regions:
 
 
 
 
 
 
 
 
 
 
North America
 
$
407.0

 
$
25.8

 
$
112.9

 
$
14.0

 
$
559.7

Europe and Russia/CIS
 
349.4

 
35.2

 
0.9

 
1.2

 
386.7

Middle East, Africa, and South Asia
 
157.8

 
0.7

 
0.1

 

 
158.6

Latin America and the Caribbean
 
95.7

 
1.0

 
34.7

 
3.2

 
134.6

East Asia and Oceania
 
74.9

 
17.3

 
0.4

 

 
92.6

Revenues from contracts with customers
 
$
1,084.8

 
$
80.0

 
$
149.0

 
$
18.4

 
$
1,332.2

Other revenues (a)
 
22.6

 
20.2

 
7.4

 
5.4

 
55.6

Total revenues (b)
 
$
1,107.4

 
$
100.2

 
$
156.4

 
$
23.8

 
$
1,387.8

    
 
 
Nine Months Ended September 30, 2018
 
 
Consumer Money Transfers
 
Foreign Exchange and Payment Services
 
Consumer Bill Payments
 
Other Services
 
Total
Regions:
 
 
 
 
 
 
 
 
 
 
North America
 
$
1,218.1

 
$
74.5

 
$
351.5

 
$
43.1

 
$
1,687.2

Europe and Russia/CIS
 
1,051.1

 
98.1

 
2.5

 
3.2

 
1,154.9

Middle East, Africa, and South Asia
 
489.7

 
1.0

 
0.3

 

 
491.0

Latin America and the Caribbean
 
288.8

 
2.0

 
122.0

 
10.1

 
422.9

East Asia and Oceania
 
230.1

 
52.1

 
1.3

 

 
283.5

Revenues from contracts with customers
 
$
3,277.8

 
$
227.7

 
$
477.6

 
$
56.4

 
$
4,039.5

Other revenues (a)
 
48.1

 
62.3

 
22.0

 
16.4

 
148.8

Total revenues (b)
 
$
3,325.9

 
$
290.0

 
$
499.6

 
$
72.8

 
$
4,188.3

____________________ 
(a)
Includes revenue from the sale of derivative financial instruments, investment income generated on settlement assets primarily related to money transfer and money order services, and other sources, which are not subject to the new accounting standard.
(b)
Revenues from "Consumer money transfers" are included in the Company's Consumer-to-Consumer segment, revenues from "Foreign exchange and payment services" are included in the Company's Business Solutions segment, and revenues from "Consumer bill payments" and "Other services" are not included in the Company's segments and are reported as "Other." See Note 15 for further information on the Company's segments.