Quarterly report pursuant to Section 13 or 15(d)

REVENUE

v3.23.1
REVENUE
 3 Months Ended
Mar. 31, 2023
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 2023 2022 $ %
(In millions)
Verification Services $ 455.8  $ 513.3  $ (57.5) (11) %
Employer Services 140.5  135.7  4.8  4  %
Total Workforce Solutions 596.3  649.0  (52.7) (8) %
Online Information Solutions 341.0  343.8  (2.8) (1) %
Mortgage Solutions 33.3  43.4  (10.1) (23) %
Financial Marketing Services 47.4  45.7  1.7  4  %
Total U.S. Information Solutions 421.7  432.9  (11.2) (3) %
Asia Pacific 89.9  86.5  3.4  4  %
Europe 75.7  85.8  (10.1) (12) %
Canada 63.1  61.6  1.5  2  %
Latin America 55.3  47.4  7.9  17  %
Total International 284.0  281.3  2.7  1  %
Total operating revenue $ 1,302.0  $ 1,363.2  $ (61.2) (4) %

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, 2023, inclusive of foreign exchange impact:
Performance Obligation Amount
(In millions)
Less than 1 year $ 25.8 
1 to 3 years 31.4 
3 to 5 years 16.0 
Thereafter 25.1 
Total remaining performance obligation $ 98.3