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Operating Segments
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Operating Segments
Operating Segments
Operating segments are businesses for which separate financial information is available and evaluated regularly by the chief operating decision maker in deciding how to allocate resources. This segment financial information is reported on the basis that is used for the internal evaluation of operating performance. The accounting policies of the segments are the same as described in Note 1, “Significant Accounting and Reporting Policies.”

We evaluate the performance of segments based on revenue and operating income. Intersegment sales and transfers have been eliminated and were not material.

The following is a more detailed description of the three operating segments and the Corporate unit, which provides support services to each operating segment:

U.S. Information Services
U.S. Information Services (“USIS”) provides consumer reports, credit scores, identity authentication and verification services, analytical services and decisioning technology to businesses in the United States through both direct and indirect channels. These services are offered to customers in the financial services, insurance, healthcare and other markets. These business customers use our products and services to acquire new customers, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, manage fraud and determine and collect healthcare payments. This segment also provides mandated consumer services, including dispute investigations, free annual credit reports and other requirements of the United States Fair Credit Reporting Act (“FCRA”), the Fair and Accurate Credit Transactions Act of 2003 (“FACTA”), and other credit-related legislation.

International
The International segment provides services similar to our USIS segment to business customers outside the United States and automotive information and commercial data services to customers in select geographies. Depending on the maturity of the credit economy in each location, services may include credit reports, analytical and decision services, and risk management services. These services are offered to customers in a number of industries, including financial services, insurance, automotive, collections and communications, and are delivered through both direct and indirect channels. The International segment also provides consumer services similar to those offered in our Interactive segment, such as credit reports, credit scores and credit monitoring services. The two market groups in the International segment are developed markets, which includes Canada, Hong Kong and Puerto Rico, and emerging markets, which includes Africa, Latin America, India and other emerging markets in Asia Pacific.

Interactive
Interactive provides services to consumers, including credit reports, scores and credit and identity monitoring services, primarily through the internet. The majority of revenue is derived from both direct and indirect subscribers who pay a monthly fee for access to their credit report and score, and for alerts related to changes in their credit reports.

Corporate
Corporate provides shared services for the Company and conducts enterprise functions. Certain costs incurred in Corporate that are not directly attributable to one or more of the operating segments remain in Corporate. These costs are typically for enterprise-level functions and are primarily administrative in nature.

Selected financial information consisted of the following:
  
 
Three Months Ended 
 September 30, 2014
 
Three Months Ended 
 September 30, 2013
 
Nine Months Ended September 30, 2014
 
Nine Months Ended September 30, 2013
(in millions)
 
Revenue
 
Operating
income
(loss)
 
Revenue
 
Operating
income
(loss)
 
Revenue
 
Operating
income
(loss)
 
Revenue
 
Operating
income
(loss)
USIS
 
$
211.7

 
$
33.4

 
$
188.3

 
$
41.9

 
$
612.5

 
$
92.1

 
$
560.0

 
$
122.2

International
 
68.1

 
8.3

 
60.6

 
9.0

 
185.5

 
15.2

 
177.5

 
15.4

Interactive
 
58.4

 
21.3

 
50.6

 
16.7

 
171.1

 
60.8

 
153.3

 
48.0

Corporate
 

 
(22.2
)
 

 
(18.3
)
 

 
(60.2
)
 

 
(52.7
)
Total
 
$
338.2

 
$
40.8

 
$
299.5

 
$
49.3

 
$
969.1

 
$
107.9

 
$
890.8

 
$
132.9


A reconciliation of operating income to income (loss) before income taxes for the periods ended as presented was as follows:
(in millions)
 
Three Months Ended September 30, 2014
 
Three Months Ended September 30, 2013
 
Nine Months Ended September 30, 2014
 
Nine Months Ended September 30, 2013
Operating income from segments
 
$
40.8

 
$
49.3

 
$
107.9

 
$
132.9

Non-operating income and expense
 
(40.7
)
 
(46.8
)
 
(87.2
)
 
(144.3
)
Income (loss) before income taxes
 
$
0.1

 
$
2.5

 
$
20.7

 
$
(11.4
)


Earnings from equity method investments included in other income and expense, net, for the periods presented were as follows:
 
(in millions)
 
Three Months Ended September 30, 2014
 
Three Months Ended September 30, 2013
 
Nine Months Ended September 30, 2014
 
Nine Months Ended September 30, 2013
USIS
 
$
0.3

 
$
0.3

 
$
1.0

 
$
1.1

International
 
3.0

 
2.7

 
9.0

 
9.2

Interactive
 

 

 

 

Total
 
$
3.3

 
$
3.0

 
$
10.0

 
$
10.3