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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATIONWe operate in three reportable segments: Merchant Solutions, Issuer Solutions and Business and Consumer Solutions. We evaluate performance and allocate resources based on the operating income of each operating segment. The operating income of each operating segment includes the revenues of the segment less expenses that are directly related to those revenues. Operating overhead, shared costs and share-based compensation costs are included in Corporate. Interest and other income, interest and other expense, income tax expense and equity in income of equity method investments, net of tax, are not allocated to the individual segments. We do not evaluate the performance of or allocate resources to our operating segments using asset data. The accounting policies of the reportable operating segments are the same as those described in our Annual Report on Form 10-K for the year ended December 31, 2019 and our summary of significant accounting policies in "Note 1 - Basis of Presentation and Summary of Significant Accounting Policies."
In connection with an organizational realignment implemented during the fourth quarter of 2019, the presentation of segment information for the three and nine months ended September 30, 2019 has been recast to align with the current segment presentation. Information on segments and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization was as follows for the three and nine months ended September 30, 2020 and 2019:
Three Months EndedNine Months Ended
September 30, 2020September 30, 2019September 30, 2020September 30, 2019
(in thousands)
Revenues(1):
Merchant Solutions$1,243,961 $1,004,943 $3,460,785 $2,812,640 
Issuer Solutions487,409 75,628 1,461,196 86,122 
Business and Consumer Solutions204,106 27,896 624,774 27,896 
Intersegment eliminations(17,661)(2,526)(53,390)(2,527)
 Consolidated revenues$1,917,815 $1,105,941 $5,493,365 $2,924,131 
Operating income (loss)(1)(2):
Merchant Solutions$344,981 $318,786 $824,212 $840,326 
Issuer Solutions70,800 5,885 188,131 12,920 
Business and Consumer Solutions31,052 3,365 110,358 3,365 
Corporate(156,414)(153,999)(480,730)(261,356)
Consolidated operating income$290,419 $174,037 $641,971 $595,255 
Depreciation and amortization(1):
Merchant Solutions$238,946 $156,016 $708,808 $447,315 
Issuer Solutions137,965 21,341 410,955 21,687 
Business and Consumer Solutions23,957 5,200 71,712 5,200 
Corporate6,031 1,189 15,917 3,296 
 Consolidated depreciation and amortization$406,899 $183,746 $1,207,392 $477,498 


(1) Revenues, operating income and depreciation and amortization reflect the effects of acquired businesses from the respective acquisition dates. For further discussion of our acquisitions, see "Note 2—Acquisitions."
(2) Operating loss for Corporate included acquisition and integration expenses of $57.6 million and $86.9 million during the three months ended September 30, 2020 and 2019, respectively. Operating loss for Corporate included acquisition and integration expense of $208.0 million and $98.0 million during the nine months ended September 30, 2020 and 2019, respectively. Operating income for our Merchant Solutions segment reflected the effect of acquisition and integration expenses of $13.9 million for the three months ended September 30, 2019 and $5.7 million and $22.3 million for the nine months ended September 30, 2020 and 2019, respectively.