Quarterly report pursuant to Section 13 or 15(d)

REVENUE

v3.24.1.u1
REVENUE
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Revenue Recognition. Based on the information that management reviews internally for evaluating operating segment performance and nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors, we disaggregate revenue as follows:

Three Months Ended March 31, Change
Consolidated Operating Revenue 2024 2023 $ %
(In millions)
Verification Services $ 476.5  $ 455.8  $ 20.7  5  %
Employer Services 126.3  140.5  (14.2) (10) %
Total Workforce Solutions 602.8  596.3  6.5  1  %
Online Information Solutions 380.2  341.0  39.2  12  %
Mortgage Solutions 38.0  33.3  4.7  14  %
Financial Marketing Services 47.1  47.4  (0.3) (1) %
Total U.S. Information Solutions 465.3  421.7  43.6  10  %
Latin America 91.1  55.3  35.8  65  %
Europe 86.2  75.7  10.5  14  %
Asia Pacific 78.2  89.9  (11.7) (13) %
Canada 65.8  63.1  2.7  4  %
Total International 321.3  284.0  37.3  13  %
Total operating revenue $ 1,389.4  $ 1,302.0  $ 87.4  7  %
Remaining Performance Obligation – We have elected to disclose only the remaining performance obligations for those contracts with an expected duration of greater than one year and do not disclose the value of remaining performance obligations for contracts in which we recognize revenue at the amount to which we have the right to invoice. We expect to recognize as revenue the following amounts related to our remaining performance obligations as of March 31, 2024, inclusive of foreign exchange impact:

Performance Obligation Amount
(In millions)
Less than 1 year $ 27.9 
1 to 3 years 32.1 
3 to 5 years 14.7 
Thereafter 18.6 
Total remaining performance obligation $ 93.3