Segment Information

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

Our operating business units offer sophisticated information processing and software services and products. We present these businesses as two operating segments, Financial Services and Healthcare Services.  During the second quarter of 2016, we entered into a definitive agreement to sell our North American Customer Communications business and announced our intent to sell our U.K. Customer Communications business. Beginning in the second quarter 2016, the Customer Communications segment, as well as the results of certain businesses previously reported within the Financial Services segment which were also sold or will be sold with the Customer Communications transactions, are reported as discontinued operations. Prior periods have also been adjusted to be consistent with the current presentation. Investments in our equity securities, private equity investments, real estate and certain financial interests are included in the Investments and Other segment.

Information concerning total assets by reporting segment is as follows (in millions): 

	June 30, 2016			December 31, 2015
Financial Services	$	1,474.0		$	1,611.2
Healthcare Services	422.0			405.3
Investments and Other	437.3			502.7
Assets held for sale	272.8			297.5
Elimination Adjustments	(3.3		)	(3.5		)
	$	2,602.8		$	2,813.2

We evaluate the performance of our operating segments based on income before interest expense, income taxes and non-controlling interest.  Intersegment revenues are reflected at rates determined by us and may not be reflective of market rates. Summarized financial information concerning our segments is shown in the following tables (in millions):

	Three Months Ended June 30, 2016
	Financial Services		Healthcare Services		Investments / Other			Elimination Adjustments			Consolidated Total
Operating revenues	$	269.8	$	104.0	$	0.1		$	—		$	373.9
Intersegment operating revenues	10.9		—		—			(10.9		)	—
Out-of-pocket reimbursements	14.6		2.0		—			—			16.6
Total revenues	295.3		106.0		0.1			(10.9		)	390.5
Costs and expenses	245.8		84.8		0.7			(10.9		)	320.4
Depreciation and amortization	19.8		3.9		0.5			—			24.2
Operating income (loss)	29.7		17.3		(1.1		)	—			45.9
Other income, net	0.1		—		6.9			—			7.0
Equity in earnings of unconsolidated affiliates	8.0		—		2.2			—			10.2
Earnings from continuing operations before interest, income taxes and non-controlling interest	$	37.8	$	17.3	$	8.0		$	—		$	63.1

	Three Months Ended June 30, 2015
	Financial Services		Healthcare Services		Investments / Other		Elimination Adjustments			Consolidated Total
Operating revenues	$	256.5	$	92.1	$	0.7	$	—		$	349.3
Intersegment operating revenues	9.2		—		—		(9.2		)	—
Out-of-pocket reimbursements	12.8		1.6		—		(0.2		)	14.2
Total revenues	278.5		93.7		0.7		(9.4		)	363.5
Costs and expenses	219.7		78.9		0.5		(9.4		)	289.7
Depreciation and amortization	17.0		4.6		0.1		—			21.7
Operating income	41.8		10.2		0.1		—			52.1
Other income, net	0.4		0.1		91.7		—			92.2
Equity in earnings of unconsolidated affiliates	10.8		—		1.9		—			12.7
Earnings from continuing operations before interest, income taxes and non-controlling interest	$	53.0	$	10.3	$	93.7	$	—		$	157.0

Earnings from continuing operations before interest, income taxes and non-controlling interest in the segment reporting information above less interest expense of $6.5 million and $5.8 million for the three months endedJune 30, 2016 and 2015 is equal to our income from continuing operations before income taxes and non-controlling interest on a consolidated basis for the corresponding periods.

	Six Months Ended June 30, 2016
	Financial Services			Healthcare Services		Investments / Other			Elimination Adjustments			Consolidated Total
Operating revenues	$	526.2		$	208.2	$	0.8		$	—		$	735.2
Intersegment operating revenues	21.1			—		—			(21.1		)	—
Out-of-pocket reimbursements	31.6			4.5		—			(0.1		)	36.0
Total revenues	578.9			212.7		0.8			(21.2		)	771.2
Costs and expenses	474.7			172.1		1.7			(21.2		)	627.3
Depreciation and amortization	37.4			8.2		0.7			—			46.3
Operating income (loss)	66.8			32.4		(1.6		)	—			97.6
Other income (loss), net	(3.5		)	—		16.8			—			13.3
Equity in earnings of unconsolidated affiliates	12.6			0.1		4.2			—			16.9
Earnings from continuing operations before interest, income taxes and non-controlling interest	$	75.9		$	32.5	$	19.4		$	—		$	127.8

	Six Months Ended June 30, 2015
	Financial Services			Healthcare Services		Investments / Other			Elimination Adjustments			Consolidated Total
Operating revenues	$	503.9		$	184.0	$	1.4		$	—		$	689.3
Intersegment operating revenues	19.6			—		—			(19.6		)	—
Out-of-pocket reimbursements	27.0			3.5		—			(0.6		)	29.9
Total revenues	550.5			187.5		1.4			(20.2		)	719.2
Costs and expenses	430.0			159.2		(1.8		)	(20.2		)	567.2
Depreciation and amortization	33.5			9.2		0.4			—			43.1
Operating income	87.0			19.1		2.8			—			108.9
Other income (loss), net	(1.0		)	0.1		176.4			—			175.5
Equity in earnings of unconsolidated affiliates	19.5			0.1		7.8			—			27.4
Earnings from continuing operations before interest, income taxes and non-controlling interest	$	105.5		$	19.3	$	187.0		$	—		$	311.8

Earnings from continuing operations before interest, income taxes and non-controlling interest in the segment reporting information above less interest expense of $12.6 million and $11.9 million for the six months endedJune 30, 2016 and 2015 is equal to our income from continuing operations before income taxes and non-controlling interest on a consolidated basis for the corresponding periods.