Restructuring charges, net of tax

  
9. RESTRUCTURING CHARGES In the fourth quarter of 2021, we recorded $8.6 million ($6.5 million, net of tax) of restructuring charges, all of which were recorded in selling, general and administrative expenses within our Consolidated Statements of Income. This charge was recorded to general corporate expense and resulted from our continuing efforts to realign our internal resources to support the Company’s strategic objectives and primarily relate to a reduction in headcount. As of September 30, 2022, $6.4 million of the fourth quarter 2021 restructuring charge has been paid, with the remaining future payments expected to be completed later in 2022.  
10. SEGMENT INFORMATION Reportable Segments.  We manage our business and report our financial results through the following three reportable segments, which are the same as our operating segments:  
–Workforce Solutions–U.S. Information Solutions (“USIS”)–International  
The accounting policies of the reportable segments are the same as those described in our summary of significant accounting policies in Note 1 of the Notes to Consolidated Financial Statements in our 2021 Form 10-K. We evaluate the performance of these reportable segments based on their operating revenues, operating income and operating margins, excluding any unusual or infrequent items, if any. The measurement criteria for segment profit or loss and segment assets are substantially the same for each reportable segment. Inter-segment sales and transfers are not material for all periods presented. All transactions between segments are accounted for at fair market value or cost depending on the nature of the transaction and no timing differences occur between segments. A summary of segment products and services is as follows: Workforce Solutions.  This segment includes employment, income, criminal history and social security number verification services as well as complementary payroll-based transaction services, employment tax management services and identity theft protection products offered directly to consumers and through employers.  
U.S. Information Solutions.  This segment includes consumer and commercial information services (such as credit information and credit scoring, credit modeling services and portfolio analytics, locate services, fraud detection and prevention services, identity verification services and other consulting services); mortgage services; financial marketing services; identity management; and credit monitoring products sold to resellers or directly to consumers. International.  This segment includes information services products, which includes consumer and commercial services (such as credit and financial information, credit scoring and credit modeling services), credit and other marketing products and services. In Asia Pacific, Europe, Canada and Latin America we also provide information, technology and services to support debt collections and recovery management. In Europe and Canada we also provide credit monitoring products to resellers or directly to consumers.  
Operating revenue and operating income by operating segment during the three and nine months ended September 30, 2022 and 2021 are as follows:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   |  | Three Months Ended |  | Nine Months Ended |
| (In millions) |  | September 30, |  | September 30, |
| Operating revenue: |  | 2022 |  | 2021 |  | 2022 |  | 2021 |
| Workforce Solutions |  | $ | 558.9  |  |  | $ | 514.6  |  |  | $ | 1,817.1  |  |  | $ | 1,503.8  |  |
| U.S. Information Solutions |  | 397.4  |  |  | 437.7  |  |  | 1,251.8  |  |  | 1352.8  |  |
| International |  | 288.0  |  |  | 270.6  |  |  | 855.4  |  |  | 814.1  |  |
| Total operating revenue |  | $ | 1,244.3  |  |  | $ | 1,222.9  |  |  | $ | 3,924.3  |  |  | $ | 3,670.7  |  |

22
