v3.24.1.u1
SEGMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Financial Information by Segment
The table below shows revenue and Adjusted Operating Income by reportable segment. Adjusted Operating Income is a financial metric utilized by the Company’s CODM to assess the profitability of each reportable segment. Refer to Note 2 for further details on the components of the Company’s revenue.
Three Months Ended March 31,
20242023
MA
MIS
Eliminations
Consolidated
MA
MIS
Eliminations
Consolidated
Total external revenue$799 $987 $— $1,786 $737 $733 $— $1,470 
Intersegment revenue3 47 (50)— 3 45 (48)— 
Revenue802 1,034 (50)1,786 740 778 (48)1,470 
Operating, SG&A564 366 (50)880 526 336 (48)814 
Adjusted Operating Income$238 $668 $— $906 $214 $442 $— $656 
Add:

Depreciation and
amortization		82 18 — 100 70 18 — 88 
Restructuring2 3 — 5 8 6 — 14 
Operating Income$801 $554 
Restructuring Expenses Included in Consolidated Statements of Operations
Total expense included in the accompanying consolidated statements of operations relating to the aforementioned restructuring program is below:
Three months ended March 31,
Cumulative expense incurred
2022 - 2023 Geolocation Restructuring Program
20242023
Employee Termination Costs
$5 $13 $141 
Real Estate Related Costs
— 1 63 
Other Costs
— — 1 
Total Restructuring
$5 $14 $205 
The table below shows cumulative restructuring expense incurred through March 31, 2024 by reportable segment.
MAMISTotal
2022 - 2023 Geolocation Restructuring Program$110 $95 $205 
Company's Reportable Segment Revenues Disaggregated by Segment and Geographic Region
The following table presents the Company’s reportable segment revenues disaggregated by segment and geographic region:
Three Months Ended
March 31,
20242023
MA:
U.S.$337 $317 
Non-U.S.:
EMEA316 287 
Asia-Pacific85 78 
Americas61 55 
Total Non-U.S.462 420 
Total MA799 737 
MIS:
U.S.632 446 
Non-U.S.:
EMEA226 173 
Asia-Pacific70 71 
Americas59 43 
Total Non-U.S.355 287 
Total MIS987 733 
Total MCO$1,786 $1,470 
    
Three Months Ended March 31,
20242023
United States$969 $763 
Non-U.S.:
EMEA542 460 
Asia-Pacific155 149 
Americas120 98 
Total Non-U.S.817 707 
Total$1,786 $1,470