Quarterly report pursuant to Section 13 or 15(d)


6 Months Ended
Jun. 30, 2012



Reportable Segments.   We manage our business and report our financial results through the following five reportable segments, which are the same as our operating segments:


- U.S. Consumer Information Solutions


- International


- Workforce Solutions


- North America Personal Solutions


- North America Commercial Solutions



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 2011 Form 10-K. We evaluate the performance of these reportable segments based on their operating revenues, operating income and operating margins, excluding unusual or infrequent items, if any. Inter-segment sales and transfers are not material for all periods presented. The measurement criteria for segment profit or loss and segment assets are substantially the same for each reportable segment. All transactions between segments are accounted for at cost, and no timing differences occur between segments.


A summary of segment products and services is as follows:


U.S. Consumer Information Solutions.   This segment includes consumer information services (such as credit information and credit scoring, credit modeling services, locate services, fraud detection and prevention services, identity verification services and other consulting services); mortgage loan origination information, appraisal, title and closing services; consumer financial marketing services; and identity management.


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, and products and services sold directly to consumers similar to those sold by North America Personal Solutions.


Workforce Solutions.   This segment includes employment, income and social security number verification services as well as complementary payroll-based transaction services and employment tax and talent management services.


North America Personal Solutions.   This segment includes credit information, credit monitoring and identity theft protection products sold directly to consumers via the internet.


North America Commercial Solutions.   This segment includes commercial products and services such as business credit and demographic information, credit scores and portfolio analytics (decisioning tools), which are derived from our databases of business credit and financial information.


Operating revenue and operating income by operating segment during the three and six months ended June 30, 2012 and 2011 are as follows:


    Three Months Ended     Six Months Ended  
(In millions)   June 30,     June 30,  
  2012     2011     2012     2011  
Operating revenue:                         
U.S. Consumer Information Solutions   $ 230.1     $ 194.0     $ 447.8     $ 375.0  
International     119.5       130.8       240.5       258.0  
Workforce Solutions     115.2       96.3       228.9       195.7  
North America Personal Solutions     50.7       45.2       100.2       89.6  
North America Commercial Solutions     20.3       20.8       41.1       41.4  
Total operating revenue   $ 535.8     $ 487.1     $ 1,058.5     $ 959.7  


    Three Months Ended     Six Months Ended  
(In millions)   June 30,     June 30,  
  2012     2011     2012     2011  
Operating income:                         
U.S. Consumer Information Solutions   $ 88.1     $ 70.8     $ 167.5     $ 132.5  
International     35.0       34.2       73.5       64.0  
Workforce Solutions     26.9       20.8       53.1       42.5  
North America Personal Solutions     15.1       12.5       29.1       25.2  
North America Commercial Solutions     2.8       4.4       6.3       9.5  
General Corporate Expense     (35.2 )     (28.1 )     (67.8 )     (50.0 )
Total operating income   $ 132.7     $ 114.6     $ 261.7     $ 223.7