Global Payments (GPN) 10-Q 7 Aug 24 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2024	Aug. 01, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	001-16111
Entity Registrant Name	GLOBAL PAYMENTS INC
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-2567903
Entity Address, Address Line One	3550 Lenox Road
Entity Address, City or Town	Atlanta
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30326
City Area Code	770
Local Phone Number	829-8000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		254,436,966
Entity Central Index Key	0001123360
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common stock, no par value
Trading Symbol	GPN
Security Exchange Name	NYSE
4.875% Senior Notes due 2031
Document Information [Line Items]
Title of 12(b) Security	4.875% Senior Notes due 2031
Trading Symbol	GPN31A
Security Exchange Name	NYSE

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Revenues	$ 2,568,768	$ 2,452,469	$ 4,988,955	$ 4,744,916
Operating expenses:
Cost of service	938,484	941,952	1,860,874	1,889,705
Selling, general and administrative	1,057,661	1,013,514	2,103,206	2,056,641
Gain on business dispositions	0	(105,738)	0	139,095
Total operating expenses	1,996,145	1,849,728	3,964,080	4,085,441
Operating income	572,623	602,741	1,024,875	659,475
Interest and other income	35,306	27,944	71,234	39,097
Interest and other expense	(159,157)	(191,423)	(321,304)	(314,368)
Total nonoperating income (expense)	(123,851)	(163,479)	(250,070)	(275,271)
Income before income taxes and equity in income of equity method investments	448,772	439,262	774,805	384,204
Income tax expense	77,834	172,211	97,216	140,812
Income before equity in income of equity method investments	370,938	267,051	677,589	243,392
Equity in income of equity method investments, net of tax	18,337	17,155	34,748	36,394
Net income	389,275	284,206	712,337	279,786
Net income attributable to noncontrolling interests	(14,515)	(10,058)	(24,270)	(16,679)
Net income attributable to Global Payments	$ 374,760	$ 274,148	$ 688,067	$ 263,107
Earnings per share attributable to Global Payments:
Basic earnings per share (in USD per share)	$ 1.47	$ 1.05	$ 2.69	$ 1
Diluted earnings per share (in USD per share)	$ 1.47	$ 1.05	$ 2.68	$ 1

UNAUDITED CONSOLIDATED STATEM_2

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 389,275	$ 284,206	$ 712,337	$ 279,786
Other comprehensive income (loss):
Foreign currency translation adjustments	(107,605)	4,596	(191,965)	42,046
Income tax (expense) benefit related to foreign currency translation adjustments	893	(343)	3,587	(530)
Net unrealized gains (losses) on hedging activities	8,929	40,078	38,045	(7,973)
Reclassification of net unrealized gains on hedging activities to interest expense	(2,619)	(901)	(5,281)	485
Income tax (expense) benefit related to hedging activities	(1,532)	(9,144)	(7,920)	1,806
Other, net of tax	0	(22)	0	(44)
Other comprehensive income (loss)	(101,934)	34,264	(163,534)	35,790
Comprehensive income	287,341	318,470	548,803	315,576
Comprehensive income (loss) attributable to noncontrolling interests	7,430	11,906	(5,902)	24,901
Comprehensive income attributable to Global Payments	$ 279,911	$ 306,564	$ 554,705	$ 290,675

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,097,159	$ 2,088,887
Accounts receivable, net	1,134,292	1,120,078
Settlement processing assets	4,496,778	4,097,417
Prepaid expenses and other current assets	822,103	767,377
Total current assets	8,550,332	8,073,759
Goodwill	26,860,500	26,743,523
Other intangible assets, net	9,607,299	10,168,046
Property and equipment, net	2,309,347	2,190,005
Deferred income taxes	80,053	111,712
Notes receivable	741,478	713,123
Other noncurrent assets	2,603,149	2,570,018
Total assets	50,752,158	50,570,186
Current liabilities:
Settlement lines of credit	1,010,032	981,244
Current portion of long-term debt	1,565,024	620,585
Accounts payable and accrued liabilities	2,680,738	2,824,979
Settlement processing obligations	4,073,557	3,698,921
Total current liabilities	9,329,351	8,125,729
Long-term debt	15,611,948	15,692,297
Deferred income taxes	2,010,628	2,242,105
Other noncurrent liabilities	639,179	722,540
Total liabilities	27,591,106	26,782,671
Commitments and contingencies
Redeemable noncontrolling interests	147,400	507,965
Equity:
Preferred stock, no par value; 5,000,000 shares authorized and none issued	0	0
Common stock, no par value; 400,000,000 shares authorized at June 30, 2024 and December 31, 2023; 254,353,455 issued and outstanding at June 30, 2024 and 260,382,746 issued and outstanding at December 31, 2023	0	0
Paid-in capital	18,761,494	19,800,953
Retained earnings	4,018,207	3,457,182
Accumulated other comprehensive loss	(392,287)	(258,925)
Total Global Payments shareholders’ equity	22,387,414	22,999,210
Nonredeemable noncontrolling interests	626,238	280,340
Total equity	23,013,652	23,279,550
Total liabilities, redeemable noncontrolling interests and equity	$ 50,752,158	$ 50,570,186

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - shares	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock authorized (in shares)	5,000,000	5,000,000
Preferred stock issued (in shares)	0	0
Common stock authorized (in shares)	400,000,000	400,000,000
Common stock issued (in shares)	254,353,455	260,382,746
Common stock outstanding (in shares)	254,353,455	260,382,746

UNAUDITED CONSOLIDATED STATEM_3

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 712,337	$ 279,786
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment	241,943	223,753
Amortization of acquired intangibles	689,157	645,675
Amortization of capitalized contract costs	68,019	59,065
Share-based compensation expense	83,362	136,701
Provision for operating losses and credit losses	41,026	61,313
Noncash lease expense	29,741	32,362
Deferred income taxes	(184,963)	(317,660)
Paid-in-kind interest capitalized to principal of notes receivable	(35,868)	(12,165)
Equity in income of equity method investments, net of tax	(34,748)	(36,394)
Net loss on business dispositions	0	139,095
Other, net	23,023	13,574
Changes in operating assets and liabilities, net of the effects of business combinations:
Accounts receivable	(29,658)	(58,981)
Settlement processing assets and obligations, net	(57,718)	213,936
Prepaid expenses and other assets	(160,058)	(191,478)
Accounts payable and other liabilities	(232,396)	(24,099)
Net cash provided by operating activities	1,153,199	1,164,483
Cash flows from investing activities:
Business combinations and other acquisitions, net of cash and restricted cash acquired	(372,662)	(4,101,415)
Capital expenditures	(324,657)	(331,002)
Issuance of notes receivable	0	(50,000)
Net cash from sales of businesses	0	478,695
Other, net	6	2,186
Net cash used in investing activities	(697,313)	(4,001,536)
Cash flows from financing activities:
Net borrowings from (repayments of) settlement lines of credit	55,351	(233,075)
Net borrowings from (repayments of) commercial paper notes	(936,539)	1,841,675
Proceeds from long-term debt	6,288,994	7,359,193
Repayments of long-term debt	(4,430,074)	(5,673,724)
Payments of debt issuance costs	(33,056)	(12,255)
Repurchases of common stock	(900,047)	(418,271)
Proceeds from stock issued under share-based compensation plans	25,137	19,282
Common stock repurchased - share-based compensation plans	(43,279)	(33,680)
Distributions to noncontrolling interests	(10,881)	(17,255)
Contributions from noncontrolling interests	2,116	0
Payment of deferred consideration in business combination	(6,390)	0
Purchase of capped calls related to issuance of convertible notes	(256,250)	0
Dividends paid	(127,042)	(130,635)
Net cash provided by (used in) financing activities	(371,960)	2,701,255
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(53,652)	34,543
Increase (decrease) in cash, cash equivalents and restricted cash	30,274	(101,255)
Cash, cash equivalents and restricted cash, beginning of the period	2,256,875	2,215,606
Cash, cash equivalents and restricted cash, end of the period	$ 2,287,149	$ 2,114,351

UNAUDITED CONSOLIDATED STATEM_4

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Total Global Payments Shareholders’ Equity	Number of Shares	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Nonredeemable Noncontrolling Interests	Total Equity
Balance at beginning of period (in shares) at Dec. 31, 2022			263,082,000
Balance at beginning of period at Dec. 31, 2022		$ 22,303,506		$ 19,978,095	$ 2,731,380	$ (405,969)	$ 236,704	$ 22,540,210
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 279,786	263,107			263,107		16,683	279,790
Other comprehensive income (loss)	$ 35,790	27,568				27,568	7,091	34,659
Stock issued under share-based compensation plans (in shares)			1,273,000
Stock issued under share-based compensation plans		19,282		19,282				19,282
Common stock repurchased - share-based compensation plans (in shares)			(328,000)
Common stock repurchased - share-based compensation plans		(36,479)		(36,479)				(36,479)
Share-based compensation expense		136,701		136,701				136,701
Issuance of share-based awards in connection with a business combination		2,484		2,484				2,484
Repurchase of common stock (in shares)	(4,064,918)		(4,065,000)
Repurchases of common stock	$ (414,000)	(414,048)		(414,048)				(414,048)
Distributions to noncontrolling interests							(15,984)	(15,984)
Cash dividends declared		(130,635)			(130,635)			(130,635)
Balance at end of period (in shares) at Jun. 30, 2023			259,962,000
Balance at end of period at Jun. 30, 2023		22,171,486		19,686,035	2,863,852	(378,401)	244,494	22,415,980
Beginning balance at Dec. 31, 2022	0
Redeemable Noncontrolling Interests
Net income (loss)	(4)
Other comprehensive income (loss)	1,131
Redeemable noncontrolling interests measurement period adjustment	556,070
Distributions to noncontrolling interests	(1,271)
Redeemable noncontrolling interests measurement period adjustment	(56,447)
Ending balance at Jun. 30, 2023	499,479
Balance at beginning of period (in shares) at Mar. 31, 2023			261,771,000
Balance at beginning of period at Mar. 31, 2023		22,083,278		19,839,506	2,654,589	(410,817)	243,481	22,326,759
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	284,206	274,148			274,148		10,062	284,210
Other comprehensive income (loss)	$ 34,264	32,416				32,416	717	33,133
Stock issued under share-based compensation plans (in shares)			259,000
Stock issued under share-based compensation plans		13,179		13,179				13,179
Common stock repurchased - share-based compensation plans (in shares)			(62,000)
Common stock repurchased - share-based compensation plans		(6,290)		(6,290)				(6,290)
Share-based compensation expense		47,135		47,135				47,135
Repurchase of common stock (in shares)	(2,006,016)		(2,006,000)
Repurchases of common stock	$ (207,500)	(207,495)		(207,495)				(207,495)
Distributions to noncontrolling interests							(9,766)	(9,766)
Cash dividends declared		(64,885)			(64,885)			(64,885)
Balance at end of period (in shares) at Jun. 30, 2023			259,962,000
Balance at end of period at Jun. 30, 2023		22,171,486		19,686,035	2,863,852	(378,401)	244,494	22,415,980
Beginning balance at Mar. 31, 2023	556,070
Redeemable Noncontrolling Interests
Net income (loss)	(4)
Other comprehensive income (loss)	1,131
Redeemable noncontrolling interests measurement period adjustment	(56,447)
Distributions to noncontrolling interests	(1,271)
Ending balance at Jun. 30, 2023	499,479
Balance at beginning of period (in shares) at Dec. 31, 2023			260,383,000
Balance at beginning of period at Dec. 31, 2023	23,279,550	22,999,210		19,800,953	3,457,182	(258,925)	280,340	23,279,550
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	712,337	688,067			688,067		20,436	708,503
Other comprehensive income (loss)	$ (163,534)	(133,362)				(133,362)	(22,618)	(155,980)
Stock issued under share-based compensation plans (in shares)			1,277,000
Stock issued under share-based compensation plans		25,137		25,137				25,137
Common stock repurchased - share-based compensation plans (in shares)			(334,000)
Common stock repurchased - share-based compensation plans		(44,044)		(44,044)				(44,044)
Share-based compensation expense		83,362		83,362				83,362
Repurchase of common stock (in shares)	(6,972,979)		(6,973,000)
Repurchases of common stock	$ (909,200)	(909,237)		(909,237)				(909,237)
Distributions to noncontrolling interests		0					(10,881)	(10,881)
Contributions from noncontrolling interests	2,027	0					89	89
Reclassification of redeemable noncontrolling interest to nonredeemable noncontrolling interest		0					358,872	358,872
Purchase of capped calls related to issuance of convertible notes, net of taxes		(194,677)		(194,677)				(194,677)
Cash dividends declared		(127,042)			(127,042)			(127,042)
Balance at end of period (in shares) at Jun. 30, 2024			254,353,000
Balance at end of period at Jun. 30, 2024	23,013,652	22,387,414		18,761,494	4,018,207	(392,287)	626,238	23,013,652
Beginning balance at Dec. 31, 2023	507,965
Redeemable Noncontrolling Interests
Net income (loss)	3,834
Other comprehensive income (loss)	(7,554)
Reclassification of redeemable noncontrolling interest to nonredeemable noncontrolling interest	(358,872)
Ending balance at Jun. 30, 2024	147,400
Balance at beginning of period (in shares) at Mar. 31, 2024			255,131,000
Balance at beginning of period at Mar. 31, 2024		22,215,831		18,806,396	3,706,873	(297,438)	627,245	22,843,076
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	389,275	374,760			374,760		12,743	387,503
Other comprehensive income (loss)	$ (101,934)	(94,849)				(94,849)	(7,617)	(102,466)
Stock issued under share-based compensation plans (in shares)			145,000
Stock issued under share-based compensation plans		14,106		14,106				14,106
Common stock repurchased - share-based compensation plans (in shares)			(12,000)
Common stock repurchased - share-based compensation plans		(1,381)		(1,381)				(1,381)
Share-based compensation expense		43,245		43,245				43,245
Repurchase of common stock (in shares)	(910,980)		(911,000)
Repurchases of common stock	$ (100,900)	(100,872)		(100,872)				(100,872)
Distributions to noncontrolling interests							(6,133)	(6,133)
Contributions from noncontrolling interests	2,027
Cash dividends declared		(63,426)			(63,426)			(63,426)
Balance at end of period (in shares) at Jun. 30, 2024			254,353,000
Balance at end of period at Jun. 30, 2024	23,013,652	$ 22,387,414		$ 18,761,494	$ 4,018,207	$ (392,287)	$ 626,238	$ 23,013,652
Beginning balance at Mar. 31, 2024	143,069
Redeemable Noncontrolling Interests
Net income (loss)	1,772
Other comprehensive income (loss)	532
Ending balance at Jun. 30, 2024	$ 147,400

UNAUDITED CONSOLIDATED STATEM_5

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Dividends per share (in USD per share)	$ 0.25	$ 0.25	$ 0.50	$ 0.50
Capped calls issuance taxes			$ 61,573

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Business, consolidation and presentation - We are a leading payments technology company delivering innovative software and services to our customers globally. Our technologies, services and team member expertise allow us to provide a broad range of solutions that enable our customers to operate their businesses more efficiently across a variety of channels around the world. We operate in two reportable segments: Merchant Solutions and Issuer Solutions. As described in "Note 3—Business Dispositions," during the second quarter of 2023, we completed the sale of the consumer portion of our Netspend business, which comprised our former Consumer Solutions segment. Our consolidated financial statements include the results of our former Consumer Solutions segment for periods prior to disposition. See "Note 15—Segment Information" for further information. Global Payments Inc. and its consolidated subsidiaries are referred to herein collectively as "Global Payments," the "Company," "we," "our" or "us," unless the context requires otherwise. These unaudited consolidated financial statements include our accounts and those of our majority-owned subsidiaries, and all intercompany balances and transactions have been eliminated in consolidation. Investments in entities that we do not control are accounted for using the equity or cost method, based on whether or not we have the ability to exercise significant influence over operating and financial policies. These unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The consolidated balance sheet as of December 31, 2023 was derived from the audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2023 but does not include all disclosures required by GAAP for annual financial statements. In the opinion of our management, all known adjustments necessary for a fair presentation of the results of the interim periods have been made. These adjustments consist of normal recurring accruals and estimates that affect the carrying amount of assets and liabilities. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2023. Use of estimates - The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reported period. Actual results could differ materially from those estimates. In particular, uncertainty resulting from global events and other macroeconomic conditions are difficult to predict at this time, and the ultimate effect could result in additional charges related to the recoverability of assets, including financial assets, long-lived assets and goodwill and other losses. These unaudited consolidated financial statements reflect the financial statement effects based upon management’s estimates and assumptions utilizing the most currently available information. SEC Rule Changes - On March 6, 2024, the SEC adopted final rules that require disclosure of certain climate-related information, including disclosures relating to material climate-related risks, targets or goals, risk management and governance activities and greenhouse gas emissions. In addition, the rules require disclosure of certain climate-related financial metrics in the notes to the audited financial statements. The new disclosures are required on a prospective basis and provide for a phased-in compliance period. However, in April 2024, the SEC stayed the rules pending judicial review. Therefore, the timing of the effectiveness of these rules and their ultimate enforceability is uncertain. Recently issued accounting pronouncements not yet adopted ASU 2023-09 - In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvement to Income Tax Disclosures," which is intended to enhance the transparency and decision usefulness of income tax information through improvements to income tax disclosures, primarily related to the rate reconciliation and income taxes paid. The amendments in this update are effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied on a prospective basis with the option to apply the standard retrospectively. We are evaluating how the enhanced disclosure requirements of ASU 2023-09 will affect our presentation, and we will include the incremental disclosures upon the effective date. ASU 2023-07 - In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, " which updates reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses, inclusion of all annual disclosures in interim periods and disclosure of the title and position of the chief operating decision maker. The amendments in this update are effective for fiscal years beginning after December 15, 2023 and for interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statements. We are evaluating how the enhanced disclosure requirements of ASU 2023-07 will affect our presentation, and we will include the incremental disclosures upon the effective date.

ACQUISITION

ACQUISITION	6 Months Ended
	Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITION	ACQUISITION EVO Payments, Inc. On March 24, 2023, we acquired all of the outstanding common stock of EVO Payments, Inc. (“EVO”). EVO is a payment technology and services provider, offering payment solutions to merchants ranging from small and middle market enterprises to multinational companies and organizations across the Americas and Europe. The acquisition aligns with our technology-enabled payments strategy, expands our geographic presence in attractive markets and augments our business-to-business software and payment solutions business. Total purchase consideration was $4.3 billion, which consisted of the following (in thousands): Cash paid to EVO shareholders (1) $ 3,273,951 Cash paid for equity awards attributable to purchase consideration (2) 58,510 Value of replacement awards attributable to purchase consideration (3) 2,484 Total purchase consideration transferred to EVO shareholders 3,334,945 Repayment of EVO's unsecured revolving credit facility (including accrued interest and fees) 665,557 Payment of certain acquiree transaction costs and other liabilities on behalf of EVO (4) 269,118 Total purchase consideration $ 4,269,620 (1) Holders of EVO common stock, convertible preferred stock and common units received $34 for each share of EVO common stock held at the effective time of the transaction. (2) Pursuant to the merger agreement, we cash settled vested options and certain unvested equity awards of EVO equity award holders. (3) Pursuant to the merger agreement, we granted equity awards for approximately 0.3 million shares of Global Payments common stock to certain EVO equity award holders. Each such replacement award is subject to the same terms and conditions (including vesting and exercisability) that applied to the corresponding EVO equity award. We apportioned the fair value of the replacement awards between purchase consideration (the portion attributable to pre-acquisition services in relation to the total vesting term of the award) and amounts to be recognized in periods following the acquisition as share-based compensation expense over the requisite service period of the replacement awards. (4) Certain acquiree transaction costs and liabilities, including amounts outstanding under EVO’s tax receivable agreement, were required to be repaid by us upon consummation of the acquisition. The cash portion of the purchase consideration was funded through cash on hand and borrowings under our revolving credit facility. We accounted for the EVO acquisition as a business combination, which generally requires that we recognize the assets acquired and liabilities assumed at fair value as of the acquisition date. The final estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed, including a reconciliation to the total purchase consideration, were as follows (in thousands): Final Amounts Cash and cash equivalents $ 324,859 Accounts receivable 51,470 Settlement processing assets 134,712 Deferred income tax assets 1,734 Property and equipment 72,100 Identifiable intangible assets 1,478,995 Other assets 148,567 Accounts payable and accrued liabilities (289,360) Settlement lines of credit (7,587) Settlement processing obligations (163,535) Deferred income tax liabilities (253,221) Other liabilities (61,207) Total identifiable net assets 1,437,527 Redeemable noncontrolling interests (471,119) Goodwill 3,303,212 Total purchase consideration $ 4,269,620 During the six months ended June 30, 2024, we made measurement-period adjustments that increased the amount of goodwill by $19.9 million, primarily related to deferred income taxes as a result of finalizing the evaluation of the differences in the bases of assets and liabilities for financial reporting and tax purposes. The effects of the measurement-period adjustments on our consolidated statement of income for the six months ended June 30, 2024 were not material. Goodwill arising from the acquisition was included in the Merchant Solutions segment and was attributable to expected growth opportunities, potential synergies from combining the acquired business into our existing businesses and an assembled workforce. We expect that approximately $1.2 billion of the goodwill from this acquisition will be deductible for income tax purposes. The following table reflects the estimated acquisition-date fair values of the identified intangible assets of EVO and their respective weighted-average estimated amortization periods: Estimated Fair Value Weighted-Average Estimated Amortization Periods (in thousands) (years) Customer-related intangible assets $ 916,000 11 Contract-based intangible assets 470,000 12 Acquired technologies 86,995 7 Trademarks and trade names 6,000 2 Total estimated identifiable intangible assets $ 1,478,995 11

BUSINESS DISPOSITIONS

BUSINESS DISPOSITIONS	6 Months Ended
	Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
BUSINESS DISPOSITIONS	BUSINESS DISPOSITIONS Gaming Business - On April 1, 2023, we completed the sale of our gaming business for approximately $400 million, subject to certain closing adjustments. The gaming business was included in our Merchant Solutions segment prior to disposition, and had been presented as held for sale in our consolidated balance sheet since December 31, 2022. In connection with the sale, we provided $32 million of seller financing as described below. We recognized a gain on the sale of $104.1 million during the three and six months ended June 30, 2023. Consumer Business - On April 26, 2023, we completed the sale of the consumer portion of our Netspend business for approximately $1 billion, subject to certain closing adjustments. The consumer business comprised our former Consumer Solutions segment prior to disposition and had been presented as held for sale with certain adjustments to report the disposal group at fair value less costs to sell in our consolidated balance sheet since June 30, 2022. In connection with the sale, we provided $675 million of seller financing as described below. We recognized a gain (loss) on business dispositions in our consolidated statement of income of $1.6 million and $(243.2) million during the three and six months ended June 30, 2023, respectively. The gain (loss) during the three and six months ended June 30, 2023, respectively, included the effects of incremental negotiated closing adjustments, changes in the estimated fair value of the seller financing and the effects of the final tax structure of the transaction. Notes Receivable and Allowance for Credit Losses In connection with the sale of our consumer business, we provided seller financing consisting of the following: (1) a first lien seven-year secured term loan facility with an aggregate principal amount of $350 million bearing interest at a fixed annual rate of 9.0%, including 3.5% payable quarterly in cash and 5.5% settled quarterly via the issuance of additional paid-in-kind ("PIK") notes with the same terms as the original notes until December 2024, after which interest will be payable quarterly in cash along with quarterly principal payments of $4.375 million with the remaining balance due at maturity; and (2) a second lien twenty-five year secured term loan facility with an aggregate principal amount of $325 million bearing interest at a fixed annual rate of 13.0% PIK due at maturity. In connection with the sale of our gaming business in April 2023, we also provided seller financing consisting of an unsecured promissory note due April 1, 2030 with an aggregate principal amount of $32 million bearing interest at a fixed annual rate of 11.0%. We recognized interest income of $22.1 million and $43.6 million on the notes during the three and six months ended June 30, 2024, respectively, and $14.9 million during the three and six months ended June 30, 2023, as a component of interest and other income in the consolidated statements of income. The issuance of the notes in connection with the sale transactions was a noncash investing activity in our consolidated statement of cash flows for the six months ended June 30, 2023. As of June 30, 2024 and December 31, 2023 , there was an aggregate principal amount o f $780.6 million and $753.5 million, respectively, outstanding on the notes, including PIK, and the notes are presented net of the allowance for credit losses of $15.2 million within notes receivable in our consolidated balance sheet. Principal payments due within 12 months are included in prepaid expenses and other current assets in the consolidated balance sheets. We recognized noncash charges for the estimated future credit losses on the notes of $15.2 million for the three and six months ended June 30, 2024, and $18.2 million for the three and six months ended June 30, 2023 . The estimated fair value of the notes receivable was $766.5 million an d $735.6 million as of June 30, 2024 and December 31, 2023, respectively . The estimated fair value of notes receivable was based on a discounted cash flow approach and is considered to be a Level 3 measurement of the valuation hierarchy.

REVENUES

REVENUES	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES The following tables present a disaggregation of our revenues from contracts with customers by geography for each of our reportable segments for the three and six months ended June 30, 2024 and 2023: Three Months Ended June 30, 2024 Merchant Issuer Intersegment Total (in thousands) Americas $ 1,611,276 $ 466,767 $ (5,460) $ 2,072,583 Europe 297,944 136,436 — 434,380 Asia Pacific 61,805 10,305 (10,305) 61,805 $ 1,971,025 $ 613,508 $ (15,765) $ 2,568,768 Three Months Ended June 30, 2023 Merchant Issuer Consumer Intersegment Total (in thousands) Americas $ 1,499,130 $ 455,019 $ 39,031 $ (9,155) $ 1,984,025 Europe 278,925 125,281 — — 404,206 Asia Pacific 64,238 10,141 — (10,141) 64,238 $ 1,842,293 $ 590,441 $ 39,031 $ (19,296) $ 2,452,469 Six Months Ended June 30, 2024 Merchant Issuer Intersegment Total (in thousands) Americas $ 3,134,007 $ 925,372 $ (11,674) $ 4,047,705 Europe 548,995 270,139 — 819,134 Asia Pacific 122,117 20,732 (20,733) 122,116 $ 3,805,119 $ 1,216,243 $ (32,407) $ 4,988,955 Six Months Ended June 30, 2023 Merchant Issuer Consumer Intersegment Total (in thousands) Americas $ 2,865,024 $ 898,364 $ 182,740 $ (26,477) $ 3,919,651 Europe 455,023 242,386 — — 697,409 Asia Pacific 127,856 20,599 — (20,599) 127,856 $ 3,447,903 $ 1,161,349 $ 182,740 $ (47,076) $ 4,744,916 The following table presents a disaggregation of our Merchant Solutions segment revenues by distribution channel for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Relationship-led $ 1,016,590 $ 979,574 $ 1,919,935 $ 1,760,446 Technology-enabled 954,435 862,719 1,885,184 1,687,457 $ 1,971,025 $ 1,842,293 $ 3,805,119 $ 3,447,903 ASC Topic 606, Revenues from Contracts with Customers ("ASC 606") requires that we determine for each customer arrangement whether revenue should be recognized at a point in time or over time. For the three and six months ended June 30, 2024 and 2023, substantially all of our revenues were recognized over time. Supplemental balance sheet information related to contracts from customers as of June 30, 2024 and December 31, 2023 was as follows: Balance Sheet Location June 30, 2024 December 31, 2023 (in thousands) Assets: Capitalized costs to obtain customer contracts, net Other noncurrent assets $ 368,391 $ 360,684 Capitalized costs to fulfill customer contracts, net Other noncurrent assets $ 211,489 $ 197,355 Liabilities: Contract liabilities, net (current) Accounts payable and accrued liabilities $ 229,025 $ 229,686 Contract liabilities, net (noncurrent) Other noncurrent liabilities $ 57,347 $ 54,246 Net contract assets were not material at June 30, 2024 or December 31, 2023. Revenue recognized for the three months ended June 30, 2024 and 2023 from contract liability balances at the beginning of each period was $84.2 million and $85.2 million, respectively. Revenue recognized for the six months ended June 30, 2024 and 2023 from contract liability balances at the beginning of each period was $150.6 million a nd $142.9 million, respectively. ASC 606 requires disclosure of the aggregate amount of the transaction price allocated to unsatisfied performance obligations. The purpose of this disclosure is to provide additional information about the amounts and expected timing of revenue to be recognized from the remaining performance obligations in our existing contracts. The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at June 30, 2024. However, as permitted, we have elected to exclude from this disclosure any contracts with an original duration of one year or less and any variable consideration that meets specified criteria. Accordingly, the total amount of unsatisfied or partially unsatisfied performance obligations related to processing services is significantly higher than the amounts disclosed in the table below (in thousands): Year Ending December 31, 2024 $ 556,284 2025 1,050,696 2026 841,191 2027 639,533 2028 361,574 2029 159,201 2030 and thereafter 322,933 Total $ 3,931,412

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS As of June 30, 2024 and December 31, 2023, goodwill and other intangible assets consisted of the following: June 30, 2024 December 31, 2023 (in thousands) Goodwill $ 26,860,500 $ 26,743,523 Other intangible assets: Customer-related intangible assets $ 10,752,904 $ 10,653,036 Acquired technologies 3,032,235 3,005,576 Contract-based intangible assets 2,232,057 2,254,273 Trademarks and trade names 1,074,309 1,074,631 17,091,505 16,987,516 Less accumulated amortization: Customer-related intangible assets 4,252,242 3,866,686 Acquired technologies 2,215,774 2,047,330 Contract-based intangible assets 373,325 309,886 Trademarks and trade names 642,865 595,568 7,484,206 6,819,470 $ 9,607,299 $ 10,168,046 The following table sets forth the changes by reportable segment in the carrying amount of goodwill for the six months ended June 30, 2024: Merchant Issuer Total (in thousands) Balance at December 31, 2023 $ 17,226,828 $ 9,516,695 $ 26,743,523 Goodwill acquired 190,362 — 190,362 Effect of foreign currency translation (89,720) (3,592) (93,312) Measurement period adjustments 19,927 — 19,927 Balance at June 30, 2024 $ 17,347,397 $ 9,513,103 $ 26,860,500 Accumulated impairment losses for goodwill were $357.9 million as of June 30, 2024 and December 31, 2023.

LONG-TERM DEBT AND LINES OF CRE

LONG-TERM DEBT AND LINES OF CREDIT	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
LONG-TERM DEBT AND LINES OF CREDIT	LONG-TERM DEBT AND LINES OF CREDIT As of June 30, 2024 and December 31, 2023, long-term debt consisted of the following: June 30, 2024 December 31, 2023 (in thousands) 1.500% senior notes due November 15, 2024 $ 499,611 $ 499,143 2.650% senior notes due February 15, 2025 998,953 998,172 1.200% senior notes due March 1, 2026 1,096,806 1,095,848 4.800% senior notes due April 1, 2026 769,775 775,425 2.150% senior notes due January 15, 2027 746,821 746,196 4.950% senior notes due August 15, 2027 496,934 496,444 4.450% senior notes due June 1, 2028 467,209 469,406 3.200% senior notes due August 15, 2029 1,241,928 1,241,169 5.300% senior notes due August 15, 2029 496,412 496,063 2.900% senior notes due May 15, 2030 993,123 992,537 2.900% senior notes due November 15, 2031 743,813 743,394 5.400% senior notes due August 15, 2032 743,319 742,908 4.150% senior notes due August 15, 2049 741,036 740,860 5.950% senior notes due August 15, 2052 738,775 738,576 4.875% senior notes due March 17, 2031 848,872 873,747 1.000% convertible notes due August 15, 2029 1,457,627 1,453,493 1.500% convertible notes due March 1, 2031 1,968,161 — Revolving credit facility 1,500,000 1,570,000 Commercial paper notes 431,605 1,371,639 Finance lease liabilities 17,374 24,525 Other borrowings 178,818 243,337 Total long-term debt 17,176,972 16,312,882 Less current portion 1,565,024 620,585 Long-term debt, excluding current portion $ 15,611,948 $ 15,692,297 The carrying amounts of our senior notes and convertible notes in the table above are presented net of unamortized discount and unamortized debt issuance costs, as applicable. At June 30, 2024, the unamortized discount on senior notes and convertible notes was $42.3 million, and unamortized debt issuance costs on senior notes and convertible notes were $102.6 million. At December 31, 2023, the unamortized discount on senior notes and convertible notes was $46.1 million and unamortized debt issuance costs on senior notes and convertible notes were $78.4 million. The portion of unamortized debt issuance costs related to revolving credit facilities is included in other noncurrent assets. At June 30, 2024 and December 31, 2023, unamortized debt issuance costs on the unsecured revolving credit facility were $16.0 million and $18.5 million, respectively. At June 30, 2024, future maturities of long-term debt (excluding finance lease liabilities) are as follows by year (in thousands): Year Ending December 31, 2024 $ 545,633 2025 1,049,075 2026 1,885,419 2027 3,216,545 2028 462,962 2029 3,250,128 2030 and thereafter 6,857,729 Total $ 17,267,491 Convertible Notes 1.500% convertible notes due March 1, 2031 On February 23, 2024, we issued $2.0 billion in aggregate principal amount of 1.500% convertible unsecured senior notes due March 2031 through a private placement. The net proceeds from this offering were approximately $1.97 billion reflecting debt issuance costs of $33.5 million, which were capitalized and reflected as a reduction of the related carrying amount of the convertible notes in our consolidated balance sheet. Interest on the convertible notes is payable semi-annually in arrears on March 1 and September 1 of each year, beginning on September 1, 2024, to the holders of record on the preceding February 15 and August 15, respectively. Prior to December 1, 2030, the notes are convertible at the option of the holders only under certain conditions, including: (i) if the last reported sale price of our common stock has been at least 130% of the conversion price for at least 20 trading days within the last 30 consecutive trading days of the immediately preceding calendar quarter; (ii) for a five business day period following a ten-day consecutive trading period where the trading price of the notes is less than 98% of the product of the last reported sale price of our common stock and the conversion rate; (iii) if we call any or all of the notes for redemption; or (iv) upon the occurrence of certain corporate events. On or after December 1, 2030, the notes are convertible at the option of the holders at any time until the second scheduled trading day prior to the maturity date. The conversion rate for the notes is initially 6.371 shares of common stock per $1,000 in principal amount of the notes (which is equal to an initial conversion price of approximately $156.96 per share), subject to customary adjustments upon the occurrence of certain events. Upon conversion, the principal amount of, and interest due on, the convertible notes are required to be settled in cash and any other amounts may be settled in shares, cash or a combination of shares and cash at our election. We may not redeem the notes prior to March 6, 2028. On or after March 6, 2028, we have the option to redeem all or any portion of the notes for cash if the last reported sale price of our common stock has been at least 130% of the conversion price for at least 20 trading days within the last 30 consecutive trading day period at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest. If certain corporate events that constitute a fundamental change (as defined in the indenture governing the notes) occur, any holder of the notes may require that we repurchase all or a portion of their notes for cash at a purchase price equal to 100% of the principal amount of the notes to be repurchased plus accrued and unpaid interest. In addition, if certain corporate events that constitute a make-whole fundamental change (as defined in the indenture governing the notes) occur, then the conversion rate will in certain circumstances be increased. The notes include customary covenants for notes of this type, as well as customary events of default, which may result in the acceleration of the maturity of the convertible notes. In connection with the issuance of the notes, we entered into privately negotiated capped call transactions with certain of the initial purchasers of the notes and other financial institutions to cover, subject to customary adjustments, the number of shares of common stock initially underlying the notes. The economic effect of the capped call transactions is to hedge the potential dilutive effect upon the conversion of the notes, or offset our cash obligation if the cash settlement option is elected, for amounts in excess of the principal amount of converted notes subject to a cap. The initial cap price of the capped call transactions is $228.90 per share. The capped call transactions meet the accounting criteria to be reflected in stockholders’ equity and not accounted for as derivatives. The cost of $256.3 million incurred in connection with the capped call transactions was reflected as a reduction to paid-in-capital in our consolidated balance sheet as of June 30, 2024, net of applicable income taxes. 1.000% convertible notes due August 15, 2029 We have $1.5 billion in aggregate principal amount of 1.000% convertible notes due August 2029, which were issued during 2022 in a private placement pursuant to an investment agreement with Silver Lake Partners. Interest on the convertible notes is payable semi-annually in arrears on February 15 and August 15 of each year, beginning on February 15, 2023, to the holders of record on the preceding February 1 and August 1, respectively. The convertible notes mature on August 15, 2029, subject to earlier conversion or repurchase. The notes, which are currently convertible, are presented within long-term debt in our consolidated balance sheet based on our intent and ability to refinance on a long-term basis should a conversion event occur. Revolving Credit Facility Our revolving credit agreement provides for an unsubordinated unsecured $5.75 billion revolving credit facility that matures in August 2027. As of June 30, 2024, there were borrowings of $1.5 billion outstanding under the revolving credit facility with an interest rate of 6.80%, and the total available commitments under the revolving credit facility were $3.6 billion. Commercial Paper We have a $2.0 billion commercial paper program under which we may issue senior unsecured commercial paper notes with maturities of up to 397 days from the date of issue. Commercial paper notes are expected to be issued at a discount from par, or they may bear interest, each at commercial paper market rates dictated by market conditions at the time of their issuance. The proceeds from issuances of commercial paper notes will be used primarily for general corporate purposes but may also be used for acquisitions, to pay dividends, for debt refinancing or for other purposes. As of June 30, 2024, we had net borrowings under our comm ercial paper program of $431.6 million outstanding, presented within long-term debt in our consolidated balance sheet based on our intent and ability to continually refinance on a long-term basis, with a weighted average annual interest rate of 6.03%. The commercial program is backstopped by our revolving credit agreement, in that the amount of commercial paper notes outstanding cannot exceed the undrawn portion of our revolving credit facility. As suc h, we could draw on the revolving credit facility to repay commercial paper notes that cannot be rolled over or refinanced with similar debt . Fair Value of Long-Term Debt As of June 30, 2024, our senior notes had a total carrying amount of $11.6 billion and an estimated fair value of $10.9 billion. As of June 30, 2024, our 1.500% convertible notes due March 1, 2031 had a total carrying amount of $2.0 billion and an estimated fair value of $1.8 billion. The estimated fair values were based on quoted market prices in active markets and are considered to be Level 1 measurements of the valuation hierarchy. As of June 30, 2024, our 1.000% convertible notes due August 15, 2029 had a total carrying amount of $1.5 billion and an estimated fair value of $1.4 billion. The estimated fair value of our convertible notes was based on a lattice pricing model and is considered to be a Level 3 measurement of the valuation hierarchy. The fair value of other long-term debt approximated its carrying amount at June 30, 2024. Compliance with Covenants The convertible notes include customary covenants and events of default for convertible notes of this type. The revolving credit agreement contains customary affirmative covenants and restrictive covenants, including, among others, financial covenants based on net leverage and interest coverage ratios, and customary events of default. The required leverage ratio was increased as a result of the acquisition of EVO and will gradually step-down over eight quarters to the original required ratio of 3.75 to 1.00. As of June 30, 2024, the required leverage ratio was 4.25 to 1.00, and the required interest coverage ratio was 3.00 to 1.00. We were in compliance with all applicable covenants as of June 30, 2024. Interest Expense Interest expense was $154.4 million and $172.3 million for the three months ended June 30, 2024 and 2023, respectively, and $315.2 million and $291.3 million for the six months ended June 30, 2024 and 2023, respectively.

DERIVATIVES AND HEDGING INSTRUM

DERIVATIVES AND HEDGING INSTRUMENTS	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES AND HEDGING INSTRUMENTS	DERIVATIVES AND HEDGING INSTRUMENTS Net Investment Hedge We have designated our aggregate €800 million Euro-denominated 4.875% senior notes due March 2031 as a hedge of our net investment in our Euro-denominated operations. The purpose of the net investment hedge is to reduce the volatility of our net investment in our Euro-denominated operations due to changes in foreign currency exchange rates. Investments in foreign operations with functional currencies other than the reporting currency are subject to foreign currency risk as the assets and liabilities of these subsidiaries are translated into the reporting currency at the period-end rate of exchange with the resulting foreign currency translation adjustment presented as a component of other comprehensive income and included in accumulated comprehensive income within equity in our consolidated balance sheets. Under net investment hedge accounting, the foreign currency remeasurement gains and losses associated with our Euro-denominated senior notes are presented within the same components of other comprehensive income and accumulated comprehensive income, partially offsetting the foreign currency translation adjustment for our foreign subsidiaries. We recognized a gain (loss) of $6.1 million and $1.8 million within foreign currency translation adjustments in other comprehensive income in our consolidated statements of comprehensive income during the three months ended June 30, 2024 and 2023, respectively, and $(0.9) million and $(16.5) million during the six months ended June 30, 2024 and 2023, respectively. Interest Rate Swaps We have interest rate swap agreements with financial institutions to hedge changes in cash flows attributable to interest rate risk on a portion of our variable-rate debt instruments. In the first quarter of 2023, we entered into new interest rate swap agreements with an aggregate notional amount of $1.5 billion to convert eligible borrowings under our revolving credit facility from a floating term Secured Overnight Financing Rate to a fixed rate. Net amounts to be received or paid under the swap agreements are reflected as adjustments to interest expense. Since we have designated the interest rate swap agreements as cash flow hedges, unrealized gains or losses resulting from adjusting the swaps to fair value are recognized as components of other comprehensive income. The fair values of our interest rate swaps are determined based on the present value of the estimated future net cash flows using implied rates in the applicable yield curve as of the valuation date. These derivative instruments are classified within Level 2 of the valuation hierarchy. The table below presents information about our interest rate swaps, designated as cash flow hedges, included in the consolidated balance sheets: Fair Values Derivative Financial Instruments Balance Sheet Location Weighted-Average Fixed Rate of Interest at June 30, 2024 Range of Maturity Dates at June 30, 2024 June 30, 2024 December 31, 2023 (in thousands) Interest rate swaps (Notional of $1.5 billion at June 30, 2024 and December 31, 2023) Other noncurrent assets 4.26% April 17, 2027 - August 17, 2027 $ 1,631 $ — Interest rate swaps (Notional of $1.5 billion at June 30, 2024 and December 31, 2023) Other noncurrent liabilities 4.26% April 17, 2027 - August 17, 2027 $ — $ 28,187 The table below presents the effects of our interest rate swaps on the consolidated statements of income and statements of comprehensive income for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Net unrealized gains (losses) recognized in other comprehensive income (loss) $ 8,929 $ 40,078 $ 38,045 $ (7,973) Net unrealized gains (losses) reclassified out of other comprehensive income (loss) to interest expense $ 2,619 $ 901 $ 5,281 $ (485) As of June 30, 2024, the amount of net unrealized gains in accumulated other comprehensive loss related to our interest rate swaps that is expected to be reclassified into interest expense during the next 12 months was $6.4 million.

INCOME TAX

INCOME TAX	6 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAX	INCOME TAX Our effective income tax rates for the three and six months ended June 30, 2024 were 17.3% and 12.5%, respectively. Our effective income tax rates for the three and six months ended June 30, 2024 differed favorably from the U.S. statutory rate primarily as a result of foreign interest income not subject to tax, tax credits and the foreign-derived intangible income deduction. Our effective income tax rate for the six months ended June 30, 2024 also included the favorable effect of a change in the assessment of the need for a valuation allowance related to certain foreign tax credit carryforwards.

REDEEMABLE NONCONTROLLING INTER

REDEEMABLE NONCONTROLLING INTERESTS	6 Months Ended
	Jun. 30, 2024
Temporary Equity Disclosure [Abstract]
REDEEMABLE NONCONTROLLING INTERESTS	REDEEMABLE NONCONTROLLING INTERESTS The portions of equity in certain of our consolidated subsidiaries that are not attributable, directly or indirectly, to us, are redeemable upon the occurrence of an event that is not solely within our control. During the second quarter of 2024, we formed a new joint venture in Germany, of which we hold a 51% controlling interest. Under the shareholder agreement, the minority shareholder has the option to compel us to purchase their shares at fair market value upon the occurrence of a specific change in control event. As of June 30, 2024, the option is not considered probable of becoming redeemable. We also own 51% of our subsidiary in Greece and 50.1% of our subsidiary in Chile. Under the respective shareholder agreements, the minority shareholders have the option to compel us to purchase their shares at a price per share based on the fair value of the shares, or under certain circumstances for our subsidiary in Greece, at a price determined by calculations stipulated in the shareholder agreement. The options have no expiration date. Because the exercise of each of these redemption options is not solely within our control, the redeemable noncontrolling interests are presented in the mezzanine section between total liabilities and shareholders’ equity, as temporary equity, in our consolidated balance sheets. The redeemable noncontrolling interest for each subsidiary is reflected at the higher of: (i) the initial carrying amount, increased or decreased for the noncontrolling interest's share of comprehensive income (loss), capital contributions and distributions or (ii) the redemption price. The option held by the minority shareholder in Greece, which is redeemable at a price other than fair value, is considered probable of becoming redeemable on December 8, 2025. In determining the measurement method of redemption price, we have elected to accrete changes in the redemption price over the period from the date of issuance to the earliest redemption date of the instrument using the effective interest method, applied prospectively. We have also elected to recognize the entire amount of any redemption price adjustments in net income attributable to noncontrolling interests in our consolidated statements of income. In addition, we own 66% of our subsidiary in Poland. The redemption option held by the minority shareholder in Poland expired on January 1, 2024, and the redeemable noncontrolling interest was reclassified to nonredeemable noncontrolling interest in the consolidated balance sheet as of January 1, 2024.

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
SHAREHOLDERS’ EQUITY	SHAREHOLDERS’ EQUITY We repurchase our common stock mainly through open market repurchase plans and, at times, through accelerated share repurchase programs. During the three months ended June 30, 2024 and 2023, we repurchased and retired 910,980 and 2,006,016 shares of our common stock, respectively, at a cost, including commissions and applicable excise taxes, of $100.9 million and $207.5 million, or $110.73 and $103.44 per share, respectively. During the six months ended June 30, 2024 and 2023, we repurchased and retired 6,972,979 and 4,064,918 shares of our common stock, respectively, at a cost, including commissions and applicable excise taxes, of $909.2 million and $414.0 million, or $130.39 and $101.86 per share, respectively. The share repurchase activity for the six months ended June 30, 2024 included the repurchase of 1,414,759 shares using a portion of the net proceeds from our offering of 1.500% convertible unsecured senior notes due March 2031 through privately negotiated transactions with purchasers of notes in the offering, or one of their respective affiliates. The purchase price per share of the common stock repurchased in such transactions equaled the closing price of the common stock on February 20, 2024, which was $130.80 per share. As of June 30, 2024, the remaining amount available under our share repurchase program was $1,371.9 million. On July 31, 2024, our board of directors declared a dividend of $0.25 per share payable on September 27, 2024 to common shareholders of record as of September 13, 2024.

SHARE-BASED AWARDS AND STOCK OP

SHARE-BASED AWARDS AND STOCK OPTIONS	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
SHARE-BASED AWARDS AND STOCK OPTIONS	SHARE-BASED AWARDS AND STOCK OPTIONS The following table summarizes share-based compensation expense and the related income tax benefit recognized for our share-based awards and stock options: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Share-based compensation expense $ 43,245 $ 47,135 $ 83,362 $ 136,701 Income tax benefit $ 6,968 $ 22,474 $ 16,334 $ 31,890 Share-Based Awards The following table summarizes the changes in unvested restricted stock and performance awards for the six months ended June 30, 2024: Shares Weighted-Average (in thousands) Unvested at December 31, 2023 2,481 $131.41 Granted 1,195 130.60 Vested (971) 141.65 Forfeited (88) 119.03 Unvested at June 30, 2024 2,617 $127.90 The total fair value of restricted stock and performance awards vested during the six months ended June 30, 2024 and 2023 was $137.5 million and $151.1 million, respectively. For restricted stock and performance awards, we recognized compensation expens e of $40.6 million and $44.7 million during the three months ended June 30, 2024 and 2023, respectively, and $76.2 million and $119.9 million during the six months ended June 30, 2024 and 2023 , respectively. As of June 30, 2024, there was $220.9 million of unrecognized compensation expense related to unvested restricted stock and performance awards that we expect to recognize over a weighted-average period of 2.0 years. Stock Options The following table summarizes stock option activity for the six months ended June 30, 2024: Options Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value (in thousands) (years) (in millions) Outstanding at December 31, 2023 921 $99.54 5.0 $32.1 Granted 154 130.09 Forfeited (53) 162.29 Exercised (201) 57.95 Outstanding at June 30, 2024 821 $111.50 5.9 $6.1 Options vested and exercisable at June 30, 2024 549 $107.76 4.4 $5.6 We recognized compensation expense for stock options of $1.3 million and $1.1 million during the three months ended June 30, 2024 and 2023, respectively, and $4.2 million and $13.9 million during the six months ended June 30, 2024 and 2023, respectively. The aggregate intrinsic value of stock options exercised during the six months ended June 30, 2024 and 2023 was $14.6 million and $0.9 million, respectively. As of June 30, 2024, we had $9.8 million o f unrecognized compensation expense related to unvested stock options that we expect to recognize over a weighted-average period of 2.1 years . The weighted-average grant-date fair value of stock options granted, including replacement awards granted in connection with the EVO acquisition, during the six months ended June 30, 2024 and 2023 was $54.42 and $46.17, respectively. Fair value was estimated on the date of grant using the Black-Scholes valuation model with the following weighted-average assumptions: Six Months Ended June 30, 2024 June 30, 2023 Risk-free interest rate 4.16% 3.84% Expected volatility 45% 45% Dividend yield 0.90% 0.81% Expected term (years) 5 5 The risk-free interest rate was based on the yield of a zero coupon U.S. Treasury security with a maturity equal to the expected life of the option from the date of the grant. Our assumption on expected volatility was based on our historical volatility. The dividend yield assumption was determined using our average stock price over the preceding year and the annualized amount of our most current quarterly dividend per share. We based our assumptions on the expected term of the options on our analysis of the historical exercise patterns of the options and our assumption on the future exercise pattern of options.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings per share ("EPS") was computed by dividing net income attributable to Global Payments by the weighted-average number of shares outstanding during the period. Earnings available to common shareholders is the same as reported net income attributable to Global Payments for all periods presented. Diluted EPS is computed by dividing net income attributable to Global Payments by the weighted-average number of shares outstanding during the period, including the effect of share-based awards, convertible notes or other potential securities that would have a dilutive effect on EPS. All stock options with an exercise price lower than the average market share price of our common stock for the period are assumed to have a dilutive effect on EPS. The dilutive share base for the three and six months ended June 30, 2024 excluded approximately 0.7 million shares related to stock options that would have an antidilutive effect on the computation of diluted earnings per share. The dilutive share base for the three and six months ended June 30, 2023 excluded approximately 0.9 million shares related to stock options that would have an antidilutive effect on the computation of diluted earnings per share. The effect of the potential shares needed to settle the conversion spread on our convertible notes is included in diluted EPS if the effect is dilutive. The effect depends on the market share price of our common stock at the time of conversion and would be dilutive if the average market share price of our common stock for the period exceeds the conversion price. For the three and six months ended June 30, 2024, the convertible notes were not included in the computation of diluted EPS as the effect would have been anti-dilutive. Further, the effect of the related capped call transactions is not included in the computation of diluted EPS as it is always anti-dilutive. The following table sets forth the computation of diluted weighted-average number of shares outstanding for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Basic weighted-average number of shares outstanding 254,748 260,827 255,837 261,965 Plus: Dilutive effect of stock options and other share-based awards 418 501 540 429 Diluted weighted-average number of shares outstanding 255,166 261,328 256,377 262,394

SUPPLEMENTAL BALANCE SHEET INFO

SUPPLEMENTAL BALANCE SHEET INFORMATION	6 Months Ended
	Jun. 30, 2024
Balance Sheet Related Disclosures [Abstract]
SUPPLEMENTAL BALANCE SHEET INFORMATION	SUPPLEMENTAL BALANCE SHEET INFORMATION Cash, cash equivalents and restricted cash Cash and cash equivalents include cash on hand and all liquid investments with a maturity of three months or less when purchased. We regularly maintain cash balances with financial institutions in excess of the Federal Deposit Insurance Corporation insurance limit or the equivalent outside the U.S. As of June 30, 2024, approximately 75% of our total balance of cash and cash equivalents was held within a small group of financial institutions, primarily large money center banks. Although we currently believe that the financial institutions with whom we do business will be able to fulfill their commitments to us, there is no assurance that those institutions will be able to continue to do so. We have not experienced any losses associated with our balances in such accounts for the three and six months ended June 30, 2024 and 2023. Restricted cash includes amounts that cannot be withdrawn or used for general operating activities under legal or regulatory restrictions. Restricted cash consists of amounts deposited by customers for prepaid card transactions and funds held as a liquidity reserve that are subject to local regulatory restrictions requiring appropriate segregation and restriction in their use. Restricted cash is included in prepaid expenses and other current assets in the consolidated balance sheets with a corresponding liability in accounts payable and accrued liabilities. A reconciliation of the amounts of cash and cash equivalents and restricted cash in the consolidated balance sheets to the amount in the consolidated statements of cash flows is as follows: June 30, 2024 December 31, 2023 (in thousands) Cash and cash equivalents $ 2,097,159 $ 2,088,887 Restricted cash 189,990 167,190 Cash included in assets held for sale — 798 Cash, cash equivalents and restricted cash shown in the statements of cash flows $ 2,287,149 $ 2,256,875 Long-lived assets

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS The changes in the accumulated balances for each component of other comprehensive income (loss) were as follows for the three and six months ended June 30, 2024 and 2023: Foreign Currency Translation Gains (Losses) Unrealized Gains (Losses) on Hedging Activities Other Accumulated Other Comprehensive Loss (in thousands) Balance at March 31, 2024 $ (274,119) $ (20,793) $ (2,526) $ (297,438) Other comprehensive income (loss) (99,627) 4,778 — (94,849) Balance at June 30, 2024 $ (373,746) $ (16,015) $ (2,526) $ (392,287) Balance at March 31, 2023 $ (349,695) $ (58,135) $ (2,987) $ (410,817) Other comprehensive income (loss) 2,405 30,033 (22) 32,416 Balance at June 30, 2023 $ (347,290) $ (28,102) $ (3,009) $ (378,401) Other comprehensive income (loss) attributable to noncontrolling interests, which relates only to foreign currency translation, was $(7.1) million and $1.8 million for the three months ended June 30, 2024 and 2023, respectively. Foreign Currency Translation Gains (Losses) Unrealized Gains (Losses) on Hedging Activities Other Accumulated Other Comprehensive Loss (in thousands) Balance at December 31, 2023 $ (215,540) $ (40,859) $ (2,526) $ (258,925) Other comprehensive income (loss) (158,206) 24,844 — (133,362) Balance at June 30, 2024 $ (373,746) $ (16,015) $ (2,526) $ (392,287) Balance at December 31, 2022 $ (380,584) $ (22,420) $ (2,965) $ (405,969) Other comprehensive income (loss) 33,294 (5,682) (44) 27,568 Balance at June 30, 2023 $ (347,290) $ (28,102) $ (3,009) $ (378,401) Other comprehensive income (loss) attributable to noncontrolling interests, which relates only to foreign currency translation, was $(30.2) million and $8.2 million for the six months ended June 30, 2024 and 2023, respectively.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION We operate in two reportable segments: Merchant Solutions and Issuer Solutions. As described in "Note 3 - Business Dispositions," during the second quarter of 2023, we completed the sale of the consumer portion of our Netspend business, which comprised our former Consumer Solutions segment. Our former Consumer Solutions segment is presented below for periods prior to disposition. 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. Impairment of goodwill and gains or losses on business dispositions are not included in determining segment operating income. Interest and other income, interest and other expense, income tax expense and equity in income of equity method investments 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, 2023 and our summary of significant accounting policies in "Note 1—Basis of Presentation and Summary of Significant Accounting Policies." Information on segments and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization were as follows for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Revenues (1) : Merchant Solutions $ 1,971,025 $ 1,842,293 $ 3,805,119 $ 3,447,903 Issuer Solutions 613,508 590,441 1,216,243 1,161,349 Consumer Solutions — 39,031 — 182,740 Intersegment eliminations (15,765) (19,296) (32,407) (47,076) Consolidated revenues $ 2,568,768 $ 2,452,469 $ 4,988,955 $ 4,744,916 Operating income (loss) (1) : Merchant Solutions $ 672,525 $ 603,548 $ 1,252,962 $ 1,110,757 Issuer Solutions 110,375 95,701 216,472 178,511 Consumer Solutions — 1,890 — (3,908) Corporate (210,277) (204,136) (444,559) (486,790) Net gain (loss) on business dispositions — 105,738 — (139,095) Consolidated operating income $ 572,623 $ 602,741 $ 1,024,875 $ 659,475 Depreciation and amortization (1) : Merchant Solutions $ 299,218 $ 295,058 $ 591,551 $ 536,631 Issuer Solutions 164,765 161,922 328,739 322,775 Corporate 5,981 5,110 10,810 10,022 Consolidated depreciation and amortization $ 469,964 $ 462,090 $ 931,100 $ 869,428 (1) Revenues, operating income and depreciation and amortization reflect the effects of acquired businesses from the respective acquisition dates and the effects of divested businesses through the respective disposal dates. See “Note 2—Acquisition” and “Note 3—Business Dispositions” for further discussion.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Legal Matters We are party to a number of claims and lawsuits incidental to our business. In our opinion, the liabilities, if any, which may ultimately result from the outcome of such matters, individually or in the aggregate, are not expected to have a material adverse effect on our financial position, liquidity, results of operations or cash flows.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss) Attributable to Parent	$ 374,760	$ 274,148	$ 688,067	$ 263,107

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Business, consolidation and presentation	Business, consolidation and presentation - We are a leading payments technology company delivering innovative software and services to our customers globally. Our technologies, services and team member expertise allow us to provide a broad range of solutions that enable our customers to operate their businesses more efficiently across a variety of channels around the world. We operate in two reportable segments: Merchant Solutions and Issuer Solutions. As described in "Note 3—Business Dispositions," during the second quarter of 2023, we completed the sale of the consumer portion of our Netspend business, which comprised our former Consumer Solutions segment. Our consolidated financial statements include the results of our former Consumer Solutions segment for periods prior to disposition. See "Note 15—Segment Information" for further information. Global Payments Inc. and its consolidated subsidiaries are referred to herein collectively as "Global Payments," the "Company," "we," "our" or "us," unless the context requires otherwise. These unaudited consolidated financial statements include our accounts and those of our majority-owned subsidiaries, and all intercompany balances and transactions have been eliminated in consolidation. Investments in entities that we do not control are accounted for using the equity or cost method, based on whether or not we have the ability to exercise significant influence over operating and financial policies. These unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The consolidated balance sheet as of December 31, 2023 was derived from the audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2023 but does not include all disclosures required by GAAP for annual financial statements. In the opinion of our management, all known adjustments necessary for a fair presentation of the results of the interim periods have been made. These adjustments consist of normal recurring accruals and estimates that affect the carrying amount of assets and liabilities. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2023.
Use of estimates	Use of estimates - The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reported period. Actual results could differ materially from those estimates. In particular, uncertainty resulting from global events and other macroeconomic conditions are difficult to predict at this time, and the ultimate effect could result in additional charges related to the recoverability of assets, including financial assets, long-lived assets and goodwill and other losses. These unaudited consolidated financial statements reflect the financial statement effects based upon management’s estimates and assumptions utilizing the most currently available information.
Recently issued accounting pronouncements not yet adopted	Recently issued accounting pronouncements not yet adopted ASU 2023-09 - In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvement to Income Tax Disclosures," which is intended to enhance the transparency and decision usefulness of income tax information through improvements to income tax disclosures, primarily related to the rate reconciliation and income taxes paid. The amendments in this update are effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied on a prospective basis with the option to apply the standard retrospectively. We are evaluating how the enhanced disclosure requirements of ASU 2023-09 will affect our presentation, and we will include the incremental disclosures upon the effective date. ASU 2023-07 - In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, " which updates reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses, inclusion of all annual disclosures in interim periods and disclosure of the title and position of the chief operating decision maker. The amendments in this update are effective for fiscal years beginning after December 15, 2023 and for interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statements. We are evaluating how the enhanced disclosure requirements of ASU 2023-07 will affect our presentation, and we will include the incremental disclosures upon the effective date.
Cash, cash equivalents and restricted cash	Cash, cash equivalents and restricted cash Cash and cash equivalents include cash on hand and all liquid investments with a maturity of three months or less when purchased. We regularly maintain cash balances with financial institutions in excess of the Federal Deposit Insurance Corporation insurance limit or the equivalent outside the U.S. As of June 30, 2024, approximately 75% of our total balance of cash and cash equivalents was held within a small group of financial institutions, primarily large money center banks. Although we currently believe that the financial institutions with whom we do business will be able to fulfill their commitments to us, there is no assurance that those institutions will be able to continue to do so. We have not experienced any losses associated with our balances in such accounts for the three and six months ended June 30, 2024 and 2023. Restricted cash includes amounts that cannot be withdrawn or used for general operating activities under legal or regulatory restrictions. Restricted cash consists of amounts deposited by customers for prepaid card transactions and funds held as a liquidity reserve that are subject to local regulatory restrictions requiring appropriate segregation and restriction in their use. Restricted cash is included in prepaid expenses and other current assets in the consolidated balance sheets with a corresponding liability in accounts payable and accrued liabilities.

ACQUISITION (Tables)

ACQUISITION (Tables)	6 Months Ended
	Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Purchase Consideration	Total purchase consideration was $4.3 billion, which consisted of the following (in thousands): Cash paid to EVO shareholders (1) $ 3,273,951 Cash paid for equity awards attributable to purchase consideration (2) 58,510 Value of replacement awards attributable to purchase consideration (3) 2,484 Total purchase consideration transferred to EVO shareholders 3,334,945 Repayment of EVO's unsecured revolving credit facility (including accrued interest and fees) 665,557 Payment of certain acquiree transaction costs and other liabilities on behalf of EVO (4) 269,118 Total purchase consideration $ 4,269,620 (1) Holders of EVO common stock, convertible preferred stock and common units received $34 for each share of EVO common stock held at the effective time of the transaction. (2) Pursuant to the merger agreement, we cash settled vested options and certain unvested equity awards of EVO equity award holders. (3) Pursuant to the merger agreement, we granted equity awards for approximately 0.3 million shares of Global Payments common stock to certain EVO equity award holders. Each such replacement award is subject to the same terms and conditions (including vesting and exercisability) that applied to the corresponding EVO equity award. We apportioned the fair value of the replacement awards between purchase consideration (the portion attributable to pre-acquisition services in relation to the total vesting term of the award) and amounts to be recognized in periods following the acquisition as share-based compensation expense over the requisite service period of the replacement awards. (4)
Schedule of Major Classes of Assets Acquired and Liabilities Assumed	The final estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed, including a reconciliation to the total purchase consideration, were as follows (in thousands): Final Amounts Cash and cash equivalents $ 324,859 Accounts receivable 51,470 Settlement processing assets 134,712 Deferred income tax assets 1,734 Property and equipment 72,100 Identifiable intangible assets 1,478,995 Other assets 148,567 Accounts payable and accrued liabilities (289,360) Settlement lines of credit (7,587) Settlement processing obligations (163,535) Deferred income tax liabilities (253,221) Other liabilities (61,207) Total identifiable net assets 1,437,527 Redeemable noncontrolling interests (471,119) Goodwill 3,303,212 Total purchase consideration $ 4,269,620
Schedule of Fair Values of Identified Intangible Assets Acquired and Respective Weighted-Average Estimated Amortization Periods	The following table reflects the estimated acquisition-date fair values of the identified intangible assets of EVO and their respective weighted-average estimated amortization periods: Estimated Fair Value Weighted-Average Estimated Amortization Periods (in thousands) (years) Customer-related intangible assets $ 916,000 11 Contract-based intangible assets 470,000 12 Acquired technologies 86,995 7 Trademarks and trade names 6,000 2 Total estimated identifiable intangible assets $ 1,478,995 11

REVENUES (Tables)

REVENUES (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	The following tables present a disaggregation of our revenues from contracts with customers by geography for each of our reportable segments for the three and six months ended June 30, 2024 and 2023: Three Months Ended June 30, 2024 Merchant Issuer Intersegment Total (in thousands) Americas $ 1,611,276 $ 466,767 $ (5,460) $ 2,072,583 Europe 297,944 136,436 — 434,380 Asia Pacific 61,805 10,305 (10,305) 61,805 $ 1,971,025 $ 613,508 $ (15,765) $ 2,568,768 Three Months Ended June 30, 2023 Merchant Issuer Consumer Intersegment Total (in thousands) Americas $ 1,499,130 $ 455,019 $ 39,031 $ (9,155) $ 1,984,025 Europe 278,925 125,281 — — 404,206 Asia Pacific 64,238 10,141 — (10,141) 64,238 $ 1,842,293 $ 590,441 $ 39,031 $ (19,296) $ 2,452,469 Six Months Ended June 30, 2024 Merchant Issuer Intersegment Total (in thousands) Americas $ 3,134,007 $ 925,372 $ (11,674) $ 4,047,705 Europe 548,995 270,139 — 819,134 Asia Pacific 122,117 20,732 (20,733) 122,116 $ 3,805,119 $ 1,216,243 $ (32,407) $ 4,988,955 Six Months Ended June 30, 2023 Merchant Issuer Consumer Intersegment Total (in thousands) Americas $ 2,865,024 $ 898,364 $ 182,740 $ (26,477) $ 3,919,651 Europe 455,023 242,386 — — 697,409 Asia Pacific 127,856 20,599 — (20,599) 127,856 $ 3,447,903 $ 1,161,349 $ 182,740 $ (47,076) $ 4,744,916 The following table presents a disaggregation of our Merchant Solutions segment revenues by distribution channel for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Relationship-led $ 1,016,590 $ 979,574 $ 1,919,935 $ 1,760,446 Technology-enabled 954,435 862,719 1,885,184 1,687,457 $ 1,971,025 $ 1,842,293 $ 3,805,119 $ 3,447,903
Schedule of Contracts with Customers	Supplemental balance sheet information related to contracts from customers as of June 30, 2024 and December 31, 2023 was as follows: Balance Sheet Location June 30, 2024 December 31, 2023 (in thousands) Assets: Capitalized costs to obtain customer contracts, net Other noncurrent assets $ 368,391 $ 360,684 Capitalized costs to fulfill customer contracts, net Other noncurrent assets $ 211,489 $ 197,355 Liabilities: Contract liabilities, net (current) Accounts payable and accrued liabilities $ 229,025 $ 229,686 Contract liabilities, net (noncurrent) Other noncurrent liabilities $ 57,347 $ 54,246
Schedule of Remaining Performance Obligation	The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at June 30, 2024. However, as permitted, we have elected to exclude from this disclosure any contracts with an original duration of one year or less and any variable consideration that meets specified criteria. Accordingly, the total amount of unsatisfied or partially unsatisfied performance obligations related to processing services is significantly higher than the amounts disclosed in the table below (in thousands): Year Ending December 31, 2024 $ 556,284 2025 1,050,696 2026 841,191 2027 639,533 2028 361,574 2029 159,201 2030 and thereafter 322,933 Total $ 3,931,412

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill and Intangible Assets	As of June 30, 2024 and December 31, 2023, goodwill and other intangible assets consisted of the following: June 30, 2024 December 31, 2023 (in thousands) Goodwill $ 26,860,500 $ 26,743,523 Other intangible assets: Customer-related intangible assets $ 10,752,904 $ 10,653,036 Acquired technologies 3,032,235 3,005,576 Contract-based intangible assets 2,232,057 2,254,273 Trademarks and trade names 1,074,309 1,074,631 17,091,505 16,987,516 Less accumulated amortization: Customer-related intangible assets 4,252,242 3,866,686 Acquired technologies 2,215,774 2,047,330 Contract-based intangible assets 373,325 309,886 Trademarks and trade names 642,865 595,568 7,484,206 6,819,470 $ 9,607,299 $ 10,168,046
Schedule of Reportable Segment in Carrying Amount of Goodwill	The following table sets forth the changes by reportable segment in the carrying amount of goodwill for the six months ended June 30, 2024: Merchant Issuer Total (in thousands) Balance at December 31, 2023 $ 17,226,828 $ 9,516,695 $ 26,743,523 Goodwill acquired 190,362 — 190,362 Effect of foreign currency translation (89,720) (3,592) (93,312) Measurement period adjustments 19,927 — 19,927 Balance at June 30, 2024 $ 17,347,397 $ 9,513,103 $ 26,860,500

LONG-TERM DEBT AND LINES OF C_2

LONG-TERM DEBT AND LINES OF CREDIT (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Schedule of Outstanding Debt	As of June 30, 2024 and December 31, 2023, long-term debt consisted of the following: June 30, 2024 December 31, 2023 (in thousands) 1.500% senior notes due November 15, 2024 $ 499,611 $ 499,143 2.650% senior notes due February 15, 2025 998,953 998,172 1.200% senior notes due March 1, 2026 1,096,806 1,095,848 4.800% senior notes due April 1, 2026 769,775 775,425 2.150% senior notes due January 15, 2027 746,821 746,196 4.950% senior notes due August 15, 2027 496,934 496,444 4.450% senior notes due June 1, 2028 467,209 469,406 3.200% senior notes due August 15, 2029 1,241,928 1,241,169 5.300% senior notes due August 15, 2029 496,412 496,063 2.900% senior notes due May 15, 2030 993,123 992,537 2.900% senior notes due November 15, 2031 743,813 743,394 5.400% senior notes due August 15, 2032 743,319 742,908 4.150% senior notes due August 15, 2049 741,036 740,860 5.950% senior notes due August 15, 2052 738,775 738,576 4.875% senior notes due March 17, 2031 848,872 873,747 1.000% convertible notes due August 15, 2029 1,457,627 1,453,493 1.500% convertible notes due March 1, 2031 1,968,161 — Revolving credit facility 1,500,000 1,570,000 Commercial paper notes 431,605 1,371,639 Finance lease liabilities 17,374 24,525 Other borrowings 178,818 243,337 Total long-term debt 17,176,972 16,312,882 Less current portion 1,565,024 620,585 Long-term debt, excluding current portion $ 15,611,948 $ 15,692,297
Schedule of Maturities of Long-Term Debt	At June 30, 2024, future maturities of long-term debt (excluding finance lease liabilities) are as follows by year (in thousands): Year Ending December 31, 2024 $ 545,633 2025 1,049,075 2026 1,885,419 2027 3,216,545 2028 462,962 2029 3,250,128 2030 and thereafter 6,857,729 Total $ 17,267,491

DERIVATIVES AND HEDGING INSTR_2

DERIVATIVES AND HEDGING INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Financial Instruments, Designated as Cash Flow Hedges	The table below presents information about our interest rate swaps, designated as cash flow hedges, included in the consolidated balance sheets: Fair Values Derivative Financial Instruments Balance Sheet Location Weighted-Average Fixed Rate of Interest at June 30, 2024 Range of Maturity Dates at June 30, 2024 June 30, 2024 December 31, 2023 (in thousands) Interest rate swaps (Notional of $1.5 billion at June 30, 2024 and December 31, 2023) Other noncurrent assets 4.26% April 17, 2027 - August 17, 2027 $ 1,631 $ — Interest rate swaps (Notional of $1.5 billion at June 30, 2024 and December 31, 2023) Other noncurrent liabilities 4.26% April 17, 2027 - August 17, 2027 $ — $ 28,187
Schedule of Derivative Instrument Effects on Income	The table below presents the effects of our interest rate swaps on the consolidated statements of income and statements of comprehensive income for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Net unrealized gains (losses) recognized in other comprehensive income (loss) $ 8,929 $ 40,078 $ 38,045 $ (7,973) Net unrealized gains (losses) reclassified out of other comprehensive income (loss) to interest expense $ 2,619 $ 901 $ 5,281 $ (485)

SHARE-BASED AWARDS AND STOCK _2

SHARE-BASED AWARDS AND STOCK OPTIONS (Tables)	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-based Compensation Expense	The following table summarizes share-based compensation expense and the related income tax benefit recognized for our share-based awards and stock options: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Share-based compensation expense $ 43,245 $ 47,135 $ 83,362 $ 136,701 Income tax benefit $ 6,968 $ 22,474 $ 16,334 $ 31,890
Schedule of Changes in Unvested Restricted Stock Awards and Performance Awards	The following table summarizes the changes in unvested restricted stock and performance awards for the six months ended June 30, 2024: Shares Weighted-Average (in thousands) Unvested at December 31, 2023 2,481 $131.41 Granted 1,195 130.60 Vested (971) 141.65 Forfeited (88) 119.03 Unvested at June 30, 2024 2,617 $127.90
Schedule of Changes in Stock Option Activity	The following table summarizes stock option activity for the six months ended June 30, 2024: Options Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value (in thousands) (years) (in millions) Outstanding at December 31, 2023 921 $99.54 5.0 $32.1 Granted 154 130.09 Forfeited (53) 162.29 Exercised (201) 57.95 Outstanding at June 30, 2024 821 $111.50 5.9 $6.1 Options vested and exercisable at June 30, 2024 549 $107.76 4.4 $5.6
Schedule of Fair Valuation Assumptions	Fair value was estimated on the date of grant using the Black-Scholes valuation model with the following weighted-average assumptions: Six Months Ended June 30, 2024 June 30, 2023 Risk-free interest rate 4.16% 3.84% Expected volatility 45% 45% Dividend yield 0.90% 0.81% Expected term (years) 5 5

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Weighted-Average Shares Outstanding	The following table sets forth the computation of diluted weighted-average number of shares outstanding for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Basic weighted-average number of shares outstanding 254,748 260,827 255,837 261,965 Plus: Dilutive effect of stock options and other share-based awards 418 501 540 429 Diluted weighted-average number of shares outstanding 255,166 261,328 256,377 262,394

SUPPLEMENTAL BALANCE SHEET IN_2

SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2024
Balance Sheet Related Disclosures [Abstract]
Schedule of Reconciliation of Cash and Cash Equivalents	A reconciliation of the amounts of cash and cash equivalents and restricted cash in the consolidated balance sheets to the amount in the consolidated statements of cash flows is as follows: June 30, 2024 December 31, 2023 (in thousands) Cash and cash equivalents $ 2,097,159 $ 2,088,887 Restricted cash 189,990 167,190 Cash included in assets held for sale — 798 Cash, cash equivalents and restricted cash shown in the statements of cash flows $ 2,287,149 $ 2,256,875
Schedule of Reconciliation of Restricted Cash	A reconciliation of the amounts of cash and cash equivalents and restricted cash in the consolidated balance sheets to the amount in the consolidated statements of cash flows is as follows: June 30, 2024 December 31, 2023 (in thousands) Cash and cash equivalents $ 2,097,159 $ 2,088,887 Restricted cash 189,990 167,190 Cash included in assets held for sale — 798 Cash, cash equivalents and restricted cash shown in the statements of cash flows $ 2,287,149 $ 2,256,875

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The changes in the accumulated balances for each component of other comprehensive income (loss) were as follows for the three and six months ended June 30, 2024 and 2023: Foreign Currency Translation Gains (Losses) Unrealized Gains (Losses) on Hedging Activities Other Accumulated Other Comprehensive Loss (in thousands) Balance at March 31, 2024 $ (274,119) $ (20,793) $ (2,526) $ (297,438) Other comprehensive income (loss) (99,627) 4,778 — (94,849) Balance at June 30, 2024 $ (373,746) $ (16,015) $ (2,526) $ (392,287) Balance at March 31, 2023 $ (349,695) $ (58,135) $ (2,987) $ (410,817) Other comprehensive income (loss) 2,405 30,033 (22) 32,416 Balance at June 30, 2023 $ (347,290) $ (28,102) $ (3,009) $ (378,401) Foreign Currency Translation Gains (Losses) Unrealized Gains (Losses) on Hedging Activities Other Accumulated Other Comprehensive Loss (in thousands) Balance at December 31, 2023 $ (215,540) $ (40,859) $ (2,526) $ (258,925) Other comprehensive income (loss) (158,206) 24,844 — (133,362) Balance at June 30, 2024 $ (373,746) $ (16,015) $ (2,526) $ (392,287) Balance at December 31, 2022 $ (380,584) $ (22,420) $ (2,965) $ (405,969) Other comprehensive income (loss) 33,294 (5,682) (44) 27,568 Balance at June 30, 2023 $ (347,290) $ (28,102) $ (3,009) $ (378,401)

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	Information on segments and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization were as follows for the three and six months ended June 30, 2024 and 2023: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 (in thousands) Revenues (1) : Merchant Solutions $ 1,971,025 $ 1,842,293 $ 3,805,119 $ 3,447,903 Issuer Solutions 613,508 590,441 1,216,243 1,161,349 Consumer Solutions — 39,031 — 182,740 Intersegment eliminations (15,765) (19,296) (32,407) (47,076) Consolidated revenues $ 2,568,768 $ 2,452,469 $ 4,988,955 $ 4,744,916 Operating income (loss) (1) : Merchant Solutions $ 672,525 $ 603,548 $ 1,252,962 $ 1,110,757 Issuer Solutions 110,375 95,701 216,472 178,511 Consumer Solutions — 1,890 — (3,908) Corporate (210,277) (204,136) (444,559) (486,790) Net gain (loss) on business dispositions — 105,738 — (139,095) Consolidated operating income $ 572,623 $ 602,741 $ 1,024,875 $ 659,475 Depreciation and amortization (1) : Merchant Solutions $ 299,218 $ 295,058 $ 591,551 $ 536,631 Issuer Solutions 164,765 161,922 328,739 322,775 Corporate 5,981 5,110 10,810 10,022 Consolidated depreciation and amortization $ 469,964 $ 462,090 $ 931,100 $ 869,428 (1)

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	6 Months Ended
	Jun. 30, 2024 segment
Accounting Policies [Abstract]
Number of reportable segments	2

ACQUISITION - Fair Value of Tot

ACQUISITION - Fair Value of Total Purchase Consideration (Details) - EVO Payments, Inc $ / shares in Units, $ in Thousands, shares in Millions	Mar. 24, 2023 USD ($) $ / shares shares
Business Acquisition [Line Items]
Cash paid to EVO shareholders	$ 3,273,951
Cash paid for equity awards attributable to purchase consideration	58,510
Value of replacement awards attributable to purchase consideration	2,484
Total purchase consideration transferred to EVO shareholders	3,334,945
Total purchase consideration	$ 4,269,620
Price paid per share (in USD per share) | $ / shares	$ 34
Equity awards issued (in shares) | shares	0.3
Repayment of EVO's unsecured revolving credit facility (including accrued interest and fees)
Business Acquisition [Line Items]
Repayment of EVO's unsecured revolving credit facility (including accrued interest and fees)	$ 665,557
Payment of certain acquiree transaction expenses and other liabilities on behalf of EVO
Business Acquisition [Line Items]
Repayment of EVO's unsecured revolving credit facility (including accrued interest and fees)	$ 269,118

ACQUISITION - Recognized Identi

ACQUISITION - Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Business Acquisition [Line Items]
Goodwill	$ 26,860,500	$ 26,743,523
EVO Payments, Inc
Business Acquisition [Line Items]
Cash and cash equivalents	324,859
Accounts receivable	51,470
Settlement processing assets	134,712
Deferred income tax assets	1,734
Property and equipment	72,100
Identifiable intangible assets	1,478,995
Other assets	148,567
Accounts payable and accrued liabilities	(289,360)
Settlement lines of credit	(7,587)
Settlement processing obligations	(163,535)
Deferred income tax liabilities	(253,221)
Other liabilities	(61,207)
Total identifiable net assets	1,437,527
Redeemable noncontrolling interests	(471,119)
Goodwill	3,303,212
Total purchase consideration	$ 4,269,620

ACQUISITION - Narrative (Detail

ACQUISITION - Narrative (Details) - USD ($) $ in Thousands		6 Months Ended	15 Months Ended
	Mar. 24, 2023	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023
Business Acquisition [Line Items]
Measurement period adjustments		$ 19,927
Goodwill		26,860,500	$ 26,860,500	$ 26,743,523
Merchant Solutions
Business Acquisition [Line Items]
Measurement period adjustments		19,927
EVO Payments, Inc
Business Acquisition [Line Items]
Measurement period adjustments		19,900
Percent revenue of acquiree (less than)			10%
Percent operating income of acquiree (less than)			10%
Total purchase consideration	$ 4,269,620
Identifiable intangible assets		1,478,995	$ 1,478,995
Goodwill		3,303,212	3,303,212
EVO Payments, Inc | Merchant Solutions
Business Acquisition [Line Items]
Expected tax deductible goodwill acquired		$ 1,200,000	$ 1,200,000

ACQUISITION - Fair Value of Int

ACQUISITION - Fair Value of Intangible Assets (Details) - EVO Payments, Inc $ in Thousands	Mar. 24, 2023 USD ($)
Business Acquisition [Line Items]
Estimated Fair Value	$ 1,478,995
Weighted-Average Estimated Amortization Periods	11 years
Customer-related intangible assets
Business Acquisition [Line Items]
Estimated Fair Value	$ 916,000
Weighted-Average Estimated Amortization Periods	11 years
Contract-based intangible assets
Business Acquisition [Line Items]
Estimated Fair Value	$ 470,000
Weighted-Average Estimated Amortization Periods	12 years
Acquired technologies
Business Acquisition [Line Items]
Estimated Fair Value	$ 86,995
Weighted-Average Estimated Amortization Periods	7 years
Trademarks and trade names
Business Acquisition [Line Items]
Estimated Fair Value	$ 6,000
Weighted-Average Estimated Amortization Periods	2 years

BUSINESS DISPOSITIONS (Details)

BUSINESS DISPOSITIONS (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Apr. 26, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Apr. 01, 2023
Notes Receivable
Schedule of Equity Method Investments [Line Items]
Interest income		$ 22,100	$ 14,900	$ 43,600	$ 14,900
Aggregate principal amount		780,600		780,600		$ 753,500
Allowance for credit losses		15,200		15,200
Noncash charge		15,200	18,200	15,200	18,200
Estimated fair value		$ 766,500		766,500		$ 735,600
Consumer Business | First Lien Secured Term Loan Facility
Schedule of Equity Method Investments [Line Items]
Quarterly principal payments	$ 4,375
Sale | Gaming Business
Schedule of Equity Method Investments [Line Items]
Business for consideration							$ 400,000
Gain (loss) on disposition				$ 104,100
Sale | Consumer Business
Schedule of Equity Method Investments [Line Items]
Business for consideration	1,000,000
Reduction to fair value			$ 1,600		$ (243,200)
Sale | Consumer Business | Unsecured promissory note
Schedule of Equity Method Investments [Line Items]
Seller financing	675,000
Sale | Consumer Business | First Lien Secured Term Loan Facility
Schedule of Equity Method Investments [Line Items]
Seller financing	$ 350,000
Seller financing term	7 years
Interest rate	9%
Interest rate, payable in cash	3.50%
Interest rate, paid in kind	5.50%
Sale | Consumer Business | Second Lien Secured Term Loan Facility
Schedule of Equity Method Investments [Line Items]
Seller financing	$ 325,000
Seller financing term	25 years
Interest rate, paid in kind	13%
Sale | Consumer Business | Unsecured Promissory Note
Schedule of Equity Method Investments [Line Items]
Seller financing							$ 32,000
Interest rate	11%

REVENUES - Disaggregation of Re

REVENUES - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 2,568,768	$ 2,452,469	$ 4,988,955	$ 4,744,916
Americas
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	2,072,583	1,984,025	4,047,705	3,919,651
Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	434,380	404,206	819,134	697,409
Asia Pacific
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	61,805	64,238	122,116	127,856
Operating Segments | Merchant Solutions
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1,971,025	1,842,293	3,805,119	3,447,903
Operating Segments | Merchant Solutions | Relationship-led
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1,016,590	979,574	1,919,935	1,760,446
Operating Segments | Merchant Solutions | Technology-enabled
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	954,435	862,719	1,885,184	1,687,457
Operating Segments | Merchant Solutions | Americas
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1,611,276	1,499,130	3,134,007	2,865,024
Operating Segments | Merchant Solutions | Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	297,944	278,925	548,995	455,023
Operating Segments | Merchant Solutions | Asia Pacific
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	61,805	64,238	122,117	127,856
Operating Segments | Issuer Solutions
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	613,508	590,441	1,216,243	1,161,349
Operating Segments | Issuer Solutions | Americas
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	466,767	455,019	925,372	898,364
Operating Segments | Issuer Solutions | Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	136,436	125,281	270,139	242,386
Operating Segments | Issuer Solutions | Asia Pacific
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	10,305	10,141	20,732	20,599
Operating Segments | Consumer Solutions
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	39,031	0	182,740
Operating Segments | Consumer Solutions | Americas
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		39,031		182,740
Operating Segments | Consumer Solutions | Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		0		0
Operating Segments | Consumer Solutions | Asia Pacific
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		0		0
Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	(15,765)	(19,296)	(32,407)	(47,076)
Intersegment Eliminations | Americas
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	(5,460)	(9,155)	(11,674)	(26,477)
Intersegment Eliminations | Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Intersegment Eliminations | Asia Pacific
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ (10,305)	$ (10,141)	$ (20,733)	$ (20,599)

REVENUES - Supplemental Balance

REVENUES - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Contract liabilities, net (current)	$ 229,025	$ 229,686
Contract liabilities, net (noncurrent)	57,347	54,246
Obtain Contract
Disaggregation of Revenue [Line Items]
Capitalized costs, net	368,391	360,684
Fulfill Contract
Disaggregation of Revenue [Line Items]
Capitalized costs, net	$ 211,489	$ 197,355

REVENUES - Narrative (Details)

REVENUES - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue recognized from contract liabilities balances at beginning of the period	$ 84.2	$ 85.2	$ 150.6	$ 142.9

REVENUES - Remaining Performanc

REVENUES - Remaining Performance Obligations (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 3,931,412
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 556,284
Expected timing of satisfaction	6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1,050,696
Expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 841,191
Expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 639,533
Expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 361,574
Expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 159,201
Expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2030-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 322,933
Expected timing of satisfaction

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 26,860,500	$ 26,743,523
Other intangible assets:	17,091,505	16,987,516
Less accumulated amortization:	7,484,206	6,819,470
Other intangible assets, net	9,607,299	10,168,046
Customer-related intangible assets
Finite-Lived Intangible Assets [Line Items]
Other intangible assets:	10,752,904	10,653,036
Less accumulated amortization:	4,252,242	3,866,686
Acquired technologies
Finite-Lived Intangible Assets [Line Items]
Other intangible assets:	3,032,235	3,005,576
Less accumulated amortization:	2,215,774	2,047,330
Contract-based intangible assets
Finite-Lived Intangible Assets [Line Items]
Other intangible assets:	2,232,057	2,254,273
Less accumulated amortization:	373,325	309,886
Trademarks and trade names
Finite-Lived Intangible Assets [Line Items]
Other intangible assets:	1,074,309	1,074,631
Less accumulated amortization:	$ 642,865	$ 595,568

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Goodwill Roll-Forward (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Goodwill [Roll Forward]
Goodwill, balance at beginning of period	$ 26,743,523
Goodwill acquired	190,362
Effect of foreign currency translation	(93,312)
Measurement period adjustments	19,927
Goodwill, balance at end of period	26,860,500
Merchant Solutions
Goodwill [Roll Forward]
Goodwill, balance at beginning of period	17,226,828
Goodwill acquired	190,362
Effect of foreign currency translation	(89,720)
Measurement period adjustments	19,927
Goodwill, balance at end of period	17,347,397
Issuer Solutions
Goodwill [Roll Forward]
Goodwill, balance at beginning of period	9,516,695
Goodwill acquired	0
Effect of foreign currency translation	(3,592)
Measurement period adjustments	0
Goodwill, balance at end of period	$ 9,513,103

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Accumulated impairment losses for goodwill	$ 357.9	$ 357.9

LONG-TERM DEBT AND LINES OF C_3

LONG-TERM DEBT AND LINES OF CREDIT - Schedule of Outstanding Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Feb. 23, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Finance lease liabilities	$ 17,374		$ 24,525
Total long-term debt	17,176,972		16,312,882
Less current portion	1,565,024		620,585
Long-term debt, excluding current portion	15,611,948		15,692,297
Commercial paper notes | Commercial paper notes
Debt Instrument [Line Items]
Short term debt	$ 431,605		1,371,639
Senior Notes | 1.500% senior notes due November 15, 2024
Debt Instrument [Line Items]
Stated interest rate (as a percent)	1.50%
Gross long-term debt	$ 499,611		499,143
Senior Notes | 2.650% senior notes due February 15, 2025
Debt Instrument [Line Items]
Stated interest rate (as a percent)	2.65%
Gross long-term debt	$ 998,953		998,172
Senior Notes | 1.200% senior notes due March 1, 2026
Debt Instrument [Line Items]
Stated interest rate (as a percent)	1.20%
Gross long-term debt	$ 1,096,806		1,095,848
Senior Notes | 4.800% senior notes due April 1, 2026
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.80%
Gross long-term debt	$ 769,775		775,425
Senior Notes | 2.150% senior notes due January 15, 2027
Debt Instrument [Line Items]
Stated interest rate (as a percent)	2.15%
Gross long-term debt	$ 746,821		746,196
Senior Notes | 4.950% senior notes due August 15, 2027
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.95%
Gross long-term debt	$ 496,934		496,444
Senior Notes | 4.450% senior notes due June 1, 2028
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.45%
Gross long-term debt	$ 467,209		469,406
Senior Notes | 3.200% senior notes due August 15, 2029
Debt Instrument [Line Items]
Stated interest rate (as a percent)	3.20%
Gross long-term debt	$ 1,241,928		1,241,169
Senior Notes | 5.300% senior notes due August 15, 2029
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.30%
Gross long-term debt	$ 496,412		496,063
Senior Notes | 2.900% senior notes due May 15, 2030
Debt Instrument [Line Items]
Stated interest rate (as a percent)	2.90%
Gross long-term debt	$ 993,123		992,537
Senior Notes | 2.900% senior notes due November 15, 2031
Debt Instrument [Line Items]
Stated interest rate (as a percent)	2.90%
Gross long-term debt	$ 743,813		743,394
Senior Notes | 5.400% senior notes due August 15, 2032
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.40%
Gross long-term debt	$ 743,319		742,908
Senior Notes | 4.150% senior notes due August 15, 2049
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.15%
Gross long-term debt	$ 741,036		740,860
Senior Notes | 5.950% senior notes due August 15, 2052
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.95%
Gross long-term debt	$ 738,775		738,576
Senior Notes | 4.875% senior notes due March 17, 2031
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.875%
Gross long-term debt	$ 848,872		873,747
Convertible Notes | 1.000% convertible notes due August 15, 2029
Debt Instrument [Line Items]
Stated interest rate (as a percent)	1%			1%
Gross long-term debt	$ 1,457,627		1,453,493
Convertible Notes | 1.500% convertible notes due March 1, 2031
Debt Instrument [Line Items]
Stated interest rate (as a percent)	1.50%	1.50%
Gross long-term debt	$ 1,968,161		0
Revolving credit facility | Revolving credit facility
Debt Instrument [Line Items]
Gross long-term debt	1,500,000		1,570,000
Other borrowings
Debt Instrument [Line Items]
Gross long-term debt	$ 178,818		$ 243,337

LONG-TERM DEBT AND LINES OF C_4

LONG-TERM DEBT AND LINES OF CREDIT - Narrative (Details)		3 Months Ended		6 Months Ended
	Feb. 23, 2024 USD ($) day $ / shares	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) consecutiveQuarter	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Long-term debt		$ 17,267,491,000		$ 17,267,491,000
Consecutive quarters | consecutiveQuarter				8
Original minimum leverage ratio		3.75		3.75
Current net leverage ratio		4.25		4.25
Minimum interest coverage ratio		3		3
Interest expense		$ 154,400,000	$ 172,300,000	$ 315,200,000	$ 291,300,000
Commercial paper notes | Commercial paper notes
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 2,000,000,000		$ 2,000,000,000
Debt term				397 days
Weighted-average interest rate of short-term debt (as a percent)		6.03%		6.03%
Senior notes and convertible notes
Debt Instrument [Line Items]
Unamortized discount		$ 42,300,000		$ 42,300,000		$ 46,100,000
Unamortized debt issuance costs		102,600,000		102,600,000		78,400,000
Commercial paper notes | Unsecured Revolving Credit Facility
Debt Instrument [Line Items]
Unamortized debt issuance costs		$ 16,000,000		$ 16,000,000		18,500,000
Convertible Notes | 1.500% convertible notes due March 1, 2031
Debt Instrument [Line Items]
Stated interest rate (as a percent)	1.50%	1.50%		1.50%
Principal amount	$ 2,000,000,000
Proceeds from debt, net of issuance costs	1,970,000,000
Debt issuance costs	$ 33,500,000
Convertible, conversion ratio	0.006371
Convertible, conversion price (USD per share) | $ / shares	$ 156.96
Capped call cap price (in USD per share) | $ / shares	$ 228.90
Capped call transactions				$ 256,300,000
Gross long-term debt		$ 1,968,161,000		1,968,161,000		0
Long-term debt		2,000,000,000		2,000,000,000
Convertible Notes | 1.500% convertible notes due March 1, 2031 | Level 1
Debt Instrument [Line Items]
Fair value of debt instrument		$ 1,800,000,000		$ 1,800,000,000
Convertible Notes | 1.500% convertible notes due March 1, 2031 | Conversion option one
Debt Instrument [Line Items]
Threshold percentage of stock price trigger	130%
Threshold trading days | day	20
Threshold consecutive trading days | day	30
Redemption price, percentage	100%
Convertible Notes | 1.500% convertible notes due March 1, 2031 | Conversion option two
Debt Instrument [Line Items]
Threshold percentage of stock price trigger	98%
Threshold trading days | day	5
Threshold consecutive trading days | day	10
Convertible Notes | 1.000% convertible notes due August 15, 2029
Debt Instrument [Line Items]
Stated interest rate (as a percent)		1%		1%			1%
Principal amount							$ 1,500,000,000
Gross long-term debt		$ 1,457,627,000		$ 1,457,627,000		1,453,493,000
Long-term debt		1,500,000,000		1,500,000,000
Convertible Notes | 1.000% convertible notes due August 15, 2029 | Level 3
Debt Instrument [Line Items]
Fair value of debt instrument		1,400,000,000		1,400,000,000
Revolving credit facility | Revolving credit facility
Debt Instrument [Line Items]
Gross long-term debt		1,500,000,000		1,500,000,000		$ 1,570,000,000
Revolving credit facility | Revolving credit facility | Revolving Credit Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 5,750,000,000		$ 5,750,000,000
Effective interest rate (as a percent)		6.80%		6.80%
Revolving credit facility | Standby Letters of Credit | Revolving Credit Agreement
Debt Instrument [Line Items]
Available borrowings under credit facility		$ 3,600,000,000		$ 3,600,000,000
Senior Notes
Debt Instrument [Line Items]
Long-term debt		11,600,000,000		11,600,000,000
Senior Notes | Level 1
Debt Instrument [Line Items]
Fair value of debt instrument		$ 10,900,000,000		$ 10,900,000,000

LONG-TERM DEBT AND LINES OF C_5

LONG-TERM DEBT AND LINES OF CREDIT - Maturities of Long-Term Debt (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Debt Disclosure [Abstract]
2024	$ 545,633
2025	1,049,075
2026	1,885,419
2027	3,216,545
2028	462,962
2029	3,250,128
2030 and thereafter	6,857,729
Total	$ 17,267,491

DERIVATIVES AND HEDGING INSTR_3

DERIVATIVES AND HEDGING INSTRUMENTS - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 EUR (€)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) on foreign currency translation adjustments	$ (107,605)	$ 4,596	$ (191,965)	$ 42,046
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net unrealized gains expected to be reclassified during the next 12 months	6,400		6,400
Interest Rate Swap | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative		1,500,000		1,500,000
Net investment hedge
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) on foreign currency translation adjustments	$ 6,100	$ 1,800	$ (900)	$ (16,500)
Senior Notes | 4.875% senior notes due March 17, 2031
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Principal amount | €					€ 800,000,000
Stated interest rate (as a percent)	4.875%		4.875%		4.875%

DERIVATIVES AND HEDGING INSTR_4

DERIVATIVES AND HEDGING INSTRUMENTS - Derivative Financial Instruments, Designated As Cash Flow Hedges (Details) - Interest rate swap - Net investment hedge - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Other noncurrent assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative	$ 1,500,000,000
Other Noncurrent Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Weighted-average fixed rate of interest (as a percent)	4.26%
Fair Values	$ 1,631,000	$ 0
Other Noncurrent Liabilities [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Weighted-average fixed rate of interest (as a percent)	4.26%
Fair Values	$ 0	$ 28,187,000

DERIVATIVES AND HEDGING INSTR_5

DERIVATIVES AND HEDGING INSTRUMENTS - Effect on Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net unrealized gains (losses) recognized in other comprehensive income (loss)	$ 8,929	$ 40,078	$ 38,045	$ (7,973)
Net unrealized gains (losses) reclassified out of other comprehensive income (loss) to interest expense	$ 2,619	$ 901	$ 5,281	$ (485)

INCOME TAX (Details)

INCOME TAX (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Effective tax rate (as a percent)	17.30%	39.20%	12.50%	36.70%

REDEEMABLE NONCONTROLLING INT_2

REDEEMABLE NONCONTROLLING INTERESTS (Details)	Jun. 30, 2024
Subsidiary in Greece
Noncontrolling Interest [Line Items]
Ownership percentage	51%
Subsidiary in Chile
Noncontrolling Interest [Line Items]
Ownership percentage	50.10%
Subsidiary in Poland
Noncontrolling Interest [Line Items]
Ownership percentage	66%
Joint venture in Germany | Corporate Joint Venture
Noncontrolling Interest [Line Items]
Ownership percentage	51%

SHAREHOLDERS' EQUITY (Details)

SHAREHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Feb. 23, 2024
Class of Stock [Line Items]
Stock repurchased and retired (in shares)		910,980	2,006,016	6,972,979	4,064,918
Value of stock repurchased and retired		$ 100.9	$ 207.5	$ 909.2	$ 414
Average cost per share (in USD per share)		$ 110.73	$ 103.44	$ 130.39	$ 101.86
Price per share (in USD per shares)				$ 130.80
Remaining authorized repurchase amount		$ 1,371.9		$ 1,371.9
Repurchased with net proceeds from offering
Class of Stock [Line Items]
Stock repurchased and retired (in shares)				1,414,759
1.500% convertible notes due March 1, 2031 | Convertible Notes
Class of Stock [Line Items]
Stated interest rate (as a percent)		1.50%		1.50%		1.50%
Subsequent Event
Class of Stock [Line Items]
Dividends declared (in USD per share)	$ 0.25

SHARE-BASED AWARDS AND STOCK _3

SHARE-BASED AWARDS AND STOCK OPTIONS - Share-Based Compensation Expense and Income Tax Benefit (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-based compensation expense	$ 43,245	$ 47,135	$ 83,362	$ 136,701
Income tax benefit	$ 6,968	$ 22,474	$ 16,334	$ 31,890

SHARE-BASED AWARDS AND STOCK _4

SHARE-BASED AWARDS AND STOCK OPTIONS - Share-Based Awards (Details) - Restricted Stock Awards and Performance Units shares in Thousands	6 Months Ended
	Jun. 30, 2024 $ / shares shares
Shares
Beginning balance (in shares) | shares	2,481
Granted (in shares) | shares	1,195
Vested (in shares) | shares	(971)
Forfeited (in shares) | shares	(88)
Ending balance (in shares) | shares	2,617
Weighted-Average Grant-Date Fair Value
Beginning balance (in USD per share) | $ / shares	$ 131.41
Granted (in USD per share) | $ / shares	130.60
Vested (in USD per share) | $ / shares	141.65
Forfeited (in USD per share) | $ / shares	119.03
Ending balance (in USD per share) | $ / shares	$ 127.90

SHARE-BASED AWARDS AND STOCK _5

SHARE-BASED AWARDS AND STOCK OPTIONS - Share-Based Awards - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 43,245	$ 47,135	$ 83,362	$ 136,701
Restricted Stock Awards and Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of share-based awards vested			137,500	151,100
Share-based compensation expense	40,600	$ 44,700	76,200	$ 119,900
Compensation not yet recognized	$ 220,900		$ 220,900
Weighted-average period of unrecognized compensation cost			2 years

SHARE-BASED AWARDS AND STOCK _6

SHARE-BASED AWARDS AND STOCK OPTIONS - Stock Option Activity (Details) - Employee stock option - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Options
Outstanding at beginning of period (in shares)	921
Granted (in shares)	154
Forfeited (in shares)	(53)
Exercised (in shares)	(201)
Outstanding at end of period (in shares)	821	921
Options vested and exercisable (in shares)	549
Weighted-Average Exercise Price
Outstanding at beginning of period (in USD per share)	$ 99.54
Granted (in USD per share)	130.09
Forfeited (in USD per share)	162.29
Exercised (in USD per share)	57.95
Outstanding at end of period (in USD per share)	111.50	$ 99.54
Options vested and exercisable (in USD per share)	$ 107.76
Weighted-Average Remaining Contractual Term
Outstanding	5 years 10 months 24 days	5 years
Options vested and exercisable	4 years 4 months 24 days
Aggregate Intrinsic Value
Outstanding	$ 6.1	$ 32.1
Options vested and exercisable	$ 5.6

SHARE-BASED AWARDS AND STOCK _7

SHARE-BASED AWARDS AND STOCK OPTIONS - Stock Options - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 43,245	$ 47,135	$ 83,362	$ 136,701
Employee stock option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	1,300	$ 1,100	4,200	13,900
Aggregate intrinsic value of stock options exercised			14,600	$ 900
Total unrecognized compensation cost	$ 9,800		$ 9,800
Weighted-average period of unrecognized compensation cost			2 years 1 month 6 days
Weighted average grant date fair value for each option granted (in USD per share)	$ 54.42	$ 46.17	$ 54.42	$ 46.17

SHARE-BASED AWARDS AND STOCK _8

SHARE-BASED AWARDS AND STOCK OPTIONS - Valuation Assumptions (Details) - Employee stock option	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	4.16%	3.84%
Expected volatility	45%	45%
Dividend yield	0.90%	0.81%
Expected term (years)	5 years	5 years

EARNINGS PER SHARE - Narrative

EARNINGS PER SHARE - Narrative (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	0.7	0.9	0.7	0.9

EARNINGS PER SHARE - Schedule o

EARNINGS PER SHARE - Schedule of Weighted-Average Shares Outstanding (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Basic weighted-average number of shares outstanding (in shares)	254,748	260,827	255,837	261,965
Plus: Dilutive effect of stock options and other share-based awards (in shares)	418	501	540	429
Diluted weighted-average number of shares outstanding (in shares)	255,166	261,328	256,377	262,394

SUPPLEMENTAL BALANCE SHEET IN_3

SUPPLEMENTAL BALANCE SHEET INFORMATION - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Lessee, Lease, Description [Line Items]
Amount financed under vendor financing arrangement		$ 48
Term of vendor financing arrangement		5 years
Cash and Cash Equivalents | Financial Institution Concentration Risk | Eight Financial Institutions
Lessee, Lease, Description [Line Items]
Concentration risk	75%

SUPPLEMENTAL BALANCE SHEET IN_4

SUPPLEMENTAL BALANCE SHEET INFORMATION - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]
Cash and cash equivalents	$ 2,097,159	$ 2,088,887
Restricted cash	189,990	167,190
Cash included in assets held for sale	0	798
Cash, cash equivalents and restricted cash shown in the statements of cash flows	$ 2,287,149	$ 2,256,875	$ 2,114,351	$ 2,215,606

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE LOSS - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			$ 23,279,550
Other comprehensive income (loss)	$ (101,934)	$ 34,264	(163,534)	$ 35,790
Balance at end of period	23,013,652		23,013,652
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(297,438)	(410,817)	(258,925)	(405,969)
Other comprehensive income (loss)	(94,849)	32,416	(133,362)	27,568
Balance at end of period	(392,287)	(378,401)	(392,287)	(378,401)
Foreign Currency Translation Gains (Losses)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(274,119)	(349,695)	(215,540)	(380,584)
Other comprehensive income (loss)	(99,627)	2,405	(158,206)	33,294
Balance at end of period	(373,746)	(347,290)	(373,746)	(347,290)
Unrealized Gains (Losses) on Hedging Activities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(20,793)	(58,135)	(40,859)	(22,420)
Other comprehensive income (loss)	4,778	30,033	24,844	(5,682)
Balance at end of period	(16,015)	(28,102)	(16,015)	(28,102)
Other
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(2,526)	(2,987)	(2,526)	(2,965)
Other comprehensive income (loss)	0	(22)	0	(44)
Balance at end of period	$ (2,526)	$ (3,009)	$ (2,526)	$ (3,009)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE LOSS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Equity [Abstract]
Foreign currency translation adjustment, other comprehensive loss attributable to noncontrolling interests	$ (7.1)	$ 1.8	$ (30.2)	$ 8.2

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) segment	Jun. 30, 2023 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			2
Segment Reporting Information [Line Items]
Revenues	$ 2,568,768	$ 2,452,469	$ 4,988,955	$ 4,744,916
Operating income (loss)	572,623	602,741	1,024,875	659,475
Net gain (loss) on business dispositions	0	105,738	0	(139,095)
Depreciation and amortization	469,964	462,090	931,100	869,428
Acquisition and integration expenses	55,700	67,500	134,600	169,300
Operating segments | Merchant Solutions
Segment Reporting Information [Line Items]
Revenues	1,971,025	1,842,293	3,805,119	3,447,903
Operating income (loss)	672,525	603,548	1,252,962	1,110,757
Depreciation and amortization	299,218	295,058	591,551	536,631
Operating segments | Issuer Solutions
Segment Reporting Information [Line Items]
Revenues	613,508	590,441	1,216,243	1,161,349
Operating income (loss)	110,375	95,701	216,472	178,511
Depreciation and amortization	164,765	161,922	328,739	322,775
Operating segments | Consumer Solutions
Segment Reporting Information [Line Items]
Revenues	0	39,031	0	182,740
Operating income (loss)	0	1,890	0	(3,908)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenues	(15,765)	(19,296)	(32,407)	(47,076)
Corporate
Segment Reporting Information [Line Items]
Operating income (loss)	(210,277)	(204,136)	(444,559)	(486,790)
Depreciation and amortization	$ 5,981	$ 5,110	$ 10,810	$ 10,022