Fidelity National Information Services (FIS) 10-Q 2 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 31, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Fidelity National Information Services, Inc.
Entity Central Index Key	1,136,893
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		327,825,462

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 765	$ 682
Settlement deposits	437	371
Trade receivables, net of allowance for doubtful accounts of $28 and $16 as of June 30, 2016 and December 31, 2015, respectively	1,646	1,731
Settlement receivables	224	162
Other receivables	156	197
Prepaid expenses and other current assets	298	266
Deferred income taxes	152	100
Total current assets	3,678	3,509
Property and equipment, net	595	611
Goodwill	14,565	14,745
Intangible assets, net	5,273	5,159
Computer software, net	1,625	1,584
Deferred contract costs, net	285	253
Other noncurrent assets	363	339
Total assets	26,384	26,200
Current liabilities:
Accounts payable and accrued liabilities	1,157	1,196
Settlement payables	669	538
Deferred revenues	757	615
Current portion of long-term debt	913	15
Total current liabilities	3,496	2,364
Long-term debt, excluding current portion	10,208	11,429
Deferred income taxes	2,729	2,658
Deferred revenues	21	30
Other long-term liabilities	323	312
Total liabilities	16,777	16,793
FIS stockholders’ equity:
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of June 30, 2016 and December 31, 2015	0	0
Common stock, $0.01 par value, 600 shares authorized, 431 and 430 shares issued as of June 30, 2016 and December 31, 2015, respectively	4	4
Additional paid in capital	10,291	10,210
Retained earnings	3,078	3,073
Accumulated other comprehensive earnings (loss)	(246)	(279)
Treasury stock, 104 and 106 shares as of June 30, 2016 and December 31, 2015, respectively, at cost	(3,630)	(3,687)
Total FIS stockholders’ equity	9,497	9,321
Noncontrolling interest	110	86
Total equity	9,607	9,407
Total liabilities and equity	$ 26,384	$ 26,200

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Allowance for doubtful accounts	$ 28	$ 16
FIS stockholders' equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	200,000,000	200,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	600,000,000	600,000,000
Common stock, shares issued (in shares)	431,000,000	430,000,000
Treasury stock, shares (in shares)	104,000,000	106,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Processing and services revenues	$ 2,305	$ 1,587	$ 4,486	$ 3,142
Cost of revenues	1,600	1,070	3,153	2,140
Gross profit	705	517	1,333	1,002
Selling, general, and administrative expenses	422	230	866	500
Operating income	283	287	467	502
Other income (expense):
Interest expense, net	(93)	(36)	(186)	(73)
Other income (expense), net	(1)	152	(2)	150
Total other income (expense), net	(94)	116	(188)	77
Earnings from continuing operations before income taxes	189	403	279	579
Provision for income taxes	66	156	97	214
Earnings from continuing operations, net of tax	123	247	182	365
Earnings (loss) from discontinued operations, net of tax	1	(2)	1	(5)
Net earnings	124	245	183	360
Net earnings attributable to noncontrolling interest	(3)	(5)	(7)	(9)
Net earnings attributable to FIS common stockholders	$ 121	$ 240	$ 176	$ 351
Net earnings per share — basic from continuing operations attributable to FIS common stockholders (in dollars per share)	$ 0.37	$ 0.86	$ 0.54	$ 1.26
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	(0.01)	0	(0.02)
Net earnings per share — basic attributable to FIS common stockholders (in dollars per share)	$ 0.37	$ 0.85	$ 0.54	$ 1.25
Weighted average shares outstanding — basic (in shares)	325	281	325	282
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders (in dollars per share)	$ 0.36	$ 0.85	$ 0.53	$ 1.25
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	(0.01)	0	(0.02)
Net earnings per share — diluted attributable to FIS common stockholders (in dollars per share)	$ 0.37	$ 0.84	$ 0.54	$ 1.23
Weighted average shares outstanding — diluted (in shares)	329	284	328	286
Cash dividends paid per share (in dollars per share)	$ 0.26	$ 0.26	$ 0.52	$ 0.52
Amounts attributable to FIS common stockholders:
Earnings from continuing operations, net of tax	$ 120	$ 242	$ 175	$ 356
Earnings (loss) from discontinued operations, net of tax	1	(2)	1	(5)
Net earnings attributable to FIS common stockholders	$ 121	$ 240	$ 176	$ 351

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net earnings	$ 124	$ 245	$ 183	$ 360
Other comprehensive earnings, before tax:
Unrealized gain (loss) on investments and derivatives	(3)	0	(9)	(2)
Reclassification adjustment for (gains) losses included in net earnings	2	1	4	2
Unrealized gain (loss) on investments and derivatives, net	(1)	1	(5)	0
Foreign currency translation adjustments	(3)	35	51	(104)
Other comprehensive earnings (loss), before tax:	(4)	36	46	(104)
Provision for income tax expense (benefit) related to items of other comprehensive earnings	(2)	3	(6)	2
Other comprehensive earnings (loss), net of tax	(2)	33	52	(106)
Comprehensive (loss) earnings:	122	278	235	254
Net (earnings) loss attributable to noncontrolling interest	(3)	(5)	(7)	(9)
Other comprehensive (earnings) losses attributable to noncontrolling interest	(12)	(3)	(19)	15
Comprehensive earnings (loss) attributable to FIS common stockholders	$ 107	$ 270	$ 209	$ 260

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Equity (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($) shares in Millions, $ in Millions	Total	Common stock	Additional Paid In Capital	Retained Earnings	Accumulated Other Comprehensive Earnings	Treasury Stock	Noncontrolling Interest
Beginning Balance (in shares) at Dec. 31, 2015		430				106
Beginning Balance at Dec. 31, 2015	$ 9,407	$ 4	$ 10,210	$ 3,073	$ (279)	$ (3,687)	$ 86
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock (in shares)	1
Exercise of stock options (in shares)						2
Exercise of stock options	$ 67		9			$ 58
Treasury shares held for taxes due upon exercise of stock options (in shares)						0
Treasury shares held for taxes due upon exercise of stock options	(26)		(20)			$ (6)
Excess income tax benefit from exercise of stock options	19		19
Stock-based compensation	68		68
Cash dividends paid ($0.26 per share per quarter) and other distributions	(173)			(171)			(2)
Net earnings	183			176			7
Other comprehensive loss, net of tax	52				33		19
Other	10		5			$ 5
Ending Balance (in shares) at Jun. 30, 2016		431				104
Ending Balance at Jun. 30, 2016	$ 9,607	$ 4	$ 10,291	$ 3,078	$ (246)	$ (3,630)	$ 110

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Stockholders' Equity [Abstract]
Cash dividends paid per share (in dollars per share)	$ 0.26	$ 0.26	$ 0.52	$ 0.52

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net earnings	$ 183	$ 360
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	584	308
Amortization of debt issue costs	9	4
Gain on Sale of Assets	0	(150)
Stock-based compensation	68	36
Deferred income taxes	(82)	(38)
Excess income tax benefit from exercise of stock options	(19)	(12)
Other operating activities	(2)	2
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade receivables	118	(26)
Settlement activity	2	(30)
Prepaid expenses and other assets	(54)	(34)
Deferred contract costs	(61)	(55)
Deferred revenue	132	40
Accounts payable, accrued liabilities, and other liabilities	(58)	38
Net cash provided by operating activities	820	443
Cash flows from investing activities:
Additions to property and equipment	(70)	(81)
Additions to computer software	(223)	(138)
Proceeds from sale of assets	0	241
Other investing activities, net	(3)	1
Net cash (used in) provided by investing activities	(296)	23
Cash flows from financing activities:
Borrowings	2,727	3,493
Repayment of borrowings	(3,060)	(3,520)
Excess income tax benefit from exercise of stock options	19	12
Proceeds from exercise of stock options	68	27
Treasury stock activity	(26)	(307)
Dividends paid	(171)	(147)
Distribution to Brazilian Venture partner		(24)
Other financing activities, net	(18)	(19)
Net cash used in financing activities	(461)	(485)
Effect of foreign currency exchange rate changes on cash	20	(28)
Net increase (decrease) in cash and cash equivalents	83	(47)
Cash and cash equivalents, beginning of period	682	493
Cash and cash equivalents, end of period	765	446
Supplemental cash flow information:
Cash paid for interest	183	50
Cash paid for income taxes	$ 141	$ 161

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The unaudited financial information included in this report includes the accounts of FIS and its subsidiaries prepared in accordance with U.S. generally accepted accounting principles and the instructions to Form 10-Q and Article 10 of Regulation S-X. All adjustments considered necessary for a fair presentation have been included. This report should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , as updated by the Current Report on Form 8-K dated June 2, 2016 for changes in our reporting segments. The preparation of these Condensed Consolidated Financial Statements (Unaudited) in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the Condensed Consolidated Financial Statements (Unaudited) and the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates. Certain reclassifications have been made in the 2015 Condensed Consolidated Financial Statements (Unaudited) to conform to the classifications used in 2016 . On August 12, 2015, FIS and certain of its wholly owned subsidiaries entered into an Agreement and Plan of Merger with SunGard and SunGard Capital Corp. II (collectively “SunGard”) pursuant to which, through a series of mergers, FIS acquired SunGard (collectively the "SunGard acquisition" or the "Acquisition"). FIS completed the SunGard acquisition on November 30, 2015 (Note 4) and SunGard's results of operations and financial position are included in the consolidated financial statements from and after the date of acquisition. We report the results of our operations in three reporting segments: Integrated Financial Solutions (“IFS”), Global Financial Solutions (“GFS”) and Corporate and Other (Note 9).

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Brazilian Venture The Company operates a joint venture ("Brazilian Venture") with Banco Bradesco S.A. ("Banco Bradesco"), in which we own a 51% controlling interest, to provide comprehensive, fully-outsourced transaction processing, call center, cardholder support and collection services to multiple card issuing clients in Brazil, including Banco Bradesco. The original accounting for this transaction resulted in the establishment of a contract intangible asset and a liability for amounts payable to the original partner banks upon final migration of their respective card portfolios and achieving targeted volumes (the “Brazilian Venture Notes”). The unamortized contract intangible asset balance as of June 30, 2016 was $97 million . The value of the noncontrolling interest as of June 30, 2016 was $105 million . The Company recorded Brazilian Venture revenues of $57 million and $61 million during the three months and $108 million and $125 million during the six months ended June 30, 2016 and 2015 , respectively, from Banco Bradesco relating to these services. Brazilian Venture revenues included $8 million and $27 million of unfavorable currency impact during the three and six months ended June 30, 2016 , respectively, resulting from a stronger U.S. Dollar in 2016 as compared to 2015 . A summary of the Company’s related party receivables and payables is as follows (in millions): June 30, December 31, Related Party Balance sheet location 2016 2015 Banco Bradesco Trade receivables $ 42 $ 31 Banco Bradesco Accounts payable and accrued liabilities 10 9 Banco Bradesco Other long-term liabilities 20 24

Net Earnings per Share

Net Earnings per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Net Earnings per Share	Net Earnings per Share The basic weighted average shares and common stock equivalents for the three and six months ended June 30, 2016 and 2015 are computed using the treasury stock method. The following table summarizes the earnings per share attributable to FIS common stockholders for the three and six months ended June 30, 2016 and 2015 (in millions, except per share amounts): Three months ended Six months ended 2016 2015 2016 2015 Earnings from continuing operations attributable to FIS common stockholders, net of tax $ 120 $ 242 $ 175 $ 356 Earnings (loss) from discontinued operations attributable to FIS common stockholders, net of tax 1 (2 ) 1 (5 ) Net earnings attributable to FIS common stockholders $ 121 $ 240 $ 176 $ 351 Weighted average shares outstanding — basic 325 281 325 282 Plus: Common stock equivalent shares 4 3 3 4 Weighted average shares outstanding — diluted 329 284 328 286 Net earnings per share — basic from continuing operations attributable to FIS common stockholders $ 0.37 $ 0.86 $ 0.54 $ 1.26 Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders — (0.01 ) — (0.02 ) Net earnings per share — basic attributable to FIS common stockholders $ 0.37 $ 0.85 $ 0.54 $ 1.25 Net earnings per share — diluted from continuing operations attributable to FIS common stockholders $ 0.36 $ 0.85 $ 0.53 $ 1.25 Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders — (0.01 ) — (0.02 ) Net earnings per share — diluted attributable to FIS common stockholders $ 0.37 $ 0.84 $ 0.54 $ 1.23 Amounts in table may not sum due to rounding. Options to purchase approximately 7 million and 5 million shares of our common stock for the three months and 7 million and 5 million for the six months ended June 30, 2016 and 2015 , respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions SunGard FIS completed the SunGard acquisition on November 30, 2015, and SunGard's results of operations and financial position are included in the consolidated financial statements from and after the date of acquisition. The SunGard acquisition increased our existing portfolio of solutions to automate a wide range of complex business processes for financial services institutions and corporate and government treasury departments, adding trading, securities operations, administering investment portfolios, accounting for investment assets, and managing risk and compliance requirements. Through a series of mergers, FIS acquired 100 percent of the equity of SunGard, for a total purchase price as follows (in millions): Cash consideration, including SunGard transaction fees paid at closing $ 2,335 Value of stock and vested equity awards exchanged for FIS shares 2,697 Value of vested portion of SunGard stock awards exchanged for FIS awards 47 $ 5,079 We recorded a preliminary allocation of the purchase price to SunGard tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values as of November 30, 2015. The provisional amounts for intangible assets were based on independent third-party valuations performed. Land and building valuations were based on appraisals performed by certified property appraisers. Goodwill was recorded as the residual amount by which the purchase price exceeded the provisional fair value of the net assets acquired. Our evaluations of the facts and circumstances available as of November 30, 2015 to assign fair values to other assets acquired and liabilities assumed are ongoing, as are our assessments of the economic characteristics of the acquired software and other intangibles. These evaluations may result in changes to the provisional amounts recorded. In accordance with ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments , the financial statements will not be retrospectively adjusted for any measurement-period adjustments that occur in subsequent periods. Rather, we will recognize any adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment is determined. During the six months ended June 30, 2016, adjustments were recorded to increase the fair values assigned to intangible assets, deferred taxes, other liabilities and property and equipment and to reduce the value assigned to goodwill. We are also required to record, in the same period’s financial statements in which adjustments are recorded, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of any change to the provisional amounts, calculated as if the accounting adjustment had been completed at the acquisition date. Additional depreciation and amortization of $6 million that would have been recognized in 2015 was recorded in the six months ended June 30, 2016 related to the changes in provisional values of intangible assets. The preliminary purchase price allocation, as adjusted for measurement period adjustments recorded through June 30, 2016, is as follows (in millions): Cash $ 631 Trade and other receivables 574 Property and equipment 145 Computer software 674 Intangible assets 4,550 Other assets 68 Goodwill 5,806 Liabilities assumed and noncontrolling interest (7,369 ) $ 5,079 The following table summarizes the liabilities assumed in the SunGard acquisition (in millions): Long-term debt (subsequently retired) $ 4,738 Deferred income taxes 1,757 Deferred revenue 278 Other liabilities and noncontrolling interest 596 $ 7,369 The gross contractual amount of trade and other receivables acquired was approximately $583 million . The difference between that total and the provisional amount reflected above represents our best estimate at the acquisition date of the contractual cash flows not expected to be collected. This difference was derived using SunGard's historical bad debts, sales allowances and collection trends.

Discontinued Operations and Oth

Discontinued Operations and Other Dispositions	6 Months Ended
	Jun. 30, 2016
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Discontinued Operations and Other Dispositions	Discontinued Operations and Other Dispositions During the second quarter of 2015, we sold certain assets associated with our gaming industry check warranty business, resulting in a pre-tax gain of $140 million , which is included in Other income (expense), net. The sale did not meet the standard necessary to be reported as discontinued operations; therefore, the gain and related prior period earnings remain reported within earnings from continuing operations. Certain other operations are reported as discontinued in the Condensed Consolidated Statements of Earnings (Unaudited) as previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2015.

Condensed Consolidated Financia

Condensed Consolidated Financial Statement Details	6 Months Ended
	Jun. 30, 2016
Condensed Consolidated Financial Statement Details [Abstract]
Condensed Consolidated Financial Statement Details	Condensed Consolidated Financial Statement Details The following table shows the Company’s condensed consolidated financial statement details as of June 30, 2016 and December 31, 2015 (in millions): June 30, 2016 December 31, 2015 Cost Accumulated Net Cost Accumulated Net Property and equipment $ 1,443 $ 848 $ 595 $ 1,396 $ 785 $ 611 Intangible assets $ 6,934 $ 1,661 $ 5,273 $ 6,963 $ 1,804 $ 5,159 Computer software $ 2,419 $ 794 $ 1,625 $ 2,300 $ 716 $ 1,584 The Company entered into capital lease obligations of $1 million and $1 million during the three-months and $2 million and $2 million during the six months ended June 30, 2016 and 2015 , respectively. The assets are included in property and equipment and the remaining capital lease obligations are classified as long-term debt on our Condensed Consolidated Balance Sheets (Unaudited) as of June 30, 2016 . Periodic payments are included in repayment of borrowings on the Condensed Consolidated Statements of Cash Flows (Unaudited). Changes in goodwill during the six months ended June 30, 2016 are summarized as follows (in millions): Total Balance, December 31, 2015 $ 14,745 Adjustments to SunGard provisional purchase price allocation (188 ) Foreign currency adjustments 8 Balance, June 30, 2016 $ 14,565 As of June 30, 2016, intangible assets includes $5,128 million of customer relationships and $64 million of finite-lived trademarks, as well as $81 million of non-amortizable assets consisting mainly of infinite-lived trademarks. Amortization expense for the quarter related to these intangible assets was $131 million . Settlement Activity We manage certain integrated electronic payment services and programs and wealth management processes for our clients that require us to hold and manage client cash balances used to fund their daily settlement activity. Settlement deposits represent funds we hold that were drawn from our clients to facilitate settlement activities. Settlement receivables represents amounts funded by us. Settlement payables consist of settlement deposits from clients, settlement payables to third parties, and outstanding checks related to our settlement activities for which the right of offset does not exist or we do not intend to exercise our right of offset. Our accounting policy for such outstanding checks is to include them in settlement payables on the Condensed Consolidated Balance Sheets (Unaudited) and operating cash flows on the Condensed Consolidated Statements of Cash Flows (Unaudited).

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt as of June 30, 2016 and December 31, 2015 , consisted of the following (in millions): June 30, 2016 December 31, 2015 2017 Term Loans (1) $ 600 $ 1,300 2018 Term Loans (2) 1,500 1,500 Senior Notes due June 2017, interest payable semi-annually at 1.450% 300 300 Senior Notes due April 2018, interest payable semi-annually at 2.000% 250 250 Senior Notes due October 2018, interest payable semi-annually at 2.850% 750 750 Senior Notes due October 2020, interest payable semi-annually at 3.625% 1,750 1,750 Senior Notes due March 2022, interest payable semi-annually at 5.000% 700 700 Senior Notes due October 2022, interest payable semi-annually at 4.500% 500 500 Senior Notes due April 2023, interest payable semi-annually at 3.500% 1,000 1,000 Senior Notes due June 2024, interest payable semi-annually at 3.875% 700 700 Senior Notes due October 2025, interest payable semi-annually at 5.000% 1,500 1,500 Revolving Loan (3) 1,625 1,250 Other (54 ) (56 ) 11,121 11,444 Current portion (913 ) (15 ) Long-term debt, excluding current portion $ 10,208 $ 11,429 __________________________________________ (1) Interest on the 2017 Term Loans is generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings. As of June 30, 2016 , the weighted average interest rate on the 2017 Term Loans was 1.71% . (2) Interest on the 2018 Term Loans is generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings. As of June 30, 2016 , the weighted average interest rate on the 2018 Term Loans was 1.71% . (3) Interest on the Revolving Loan is generally payable at LIBOR plus an applicable margin of up to 1.75% plus an unused commitment fee of up to 0.25% , each based upon the Company's corporate credit ratings. As of June 30, 2016 , the weighted average interest rate on the Revolving Loan, excluding fees, was 1.66% . FIS is a party to a syndicated credit agreement (the "Credit Agreement"), which a s of June 30, 2016 , provided total committed capital of $3,600 million comprised of: (1) a revolving credit facility in an aggregate maximum principal amount of $3,000 million maturing on December 18, 2019 (the "Revolving Loan"); and (2) term loans of $600 million maturing on March 30, 2017 (the "2017 Term Loans"). FIS is also a party to a syndicated term loan agreement (the "Term Loan Agreement" and together with the Credit Agreement the "FIS Credit Agreements"), which as of June 30, 2016 provided term loans of $1,500 million maturing on November 30, 2018 (the "2018 Term Loans"). As of June 30, 2016 , the outstanding principal balance of the Revolving Loan was $1,625 million , with $1,367 million of borrowing capacity remaining thereunder (net of $8 million in outstanding letters of credit issued under the Revolving Loan). The obligations of FIS under the FIS Credit Agreements and under all of its outstanding senior notes rank equal in priority and are unsecured. The FIS Credit Agreements and the senior notes remain subject to customary covenants, including, among others, limitations on the payment of dividends by FIS, and events of default. The following summarizes the aggregate maturities of our debt and capital leases on stated contractual maturities, excluding unamortized non-cash bond premiums and discounts of $14 million as of June 30, 2016 (in millions). Total 2016 $ 9 2017 911 2018 2,502 2019 1,625 2020 1,750 Thereafter 4,400 Total principal payments 11,197 Debt issuance costs, net of accumulated amortization (62 ) Total long-term debt $ 11,135 Voluntary prepayment of the Term Loans is generally permitted at any time without fee. There are no mandatory principal payments on the Revolving Loan and any balance outstanding on the Revolving Loan will be due and payable at its scheduled maturity date, which occurs at December 18, 2019. We monitor the financial stability of our counterparties on an ongoing basis. The lender commitments under the undrawn portions of the Revolving Loan are comprised of a diversified set of financial institutions, both domestic and international. The failure of any single lender to perform its obligations under the Revolving Loan would not adversely impact our ability to fund operations. The fair value of the Company’s long-term debt is estimated to be approximately $499 million higher than the carrying value as of June 30, 2016 . This estimate is based on quoted prices of our senior notes and trades of our other debt in close proximity to June 30, 2016 , which are considered Level 2-type measurements. This estimate is subjective in nature and involves uncertainties and significant judgment in the interpretation of current market data. Therefore, the values presented are not necessarily indicative of amounts the Company could realize or settle currently. As of June 30, 2016 , we have entered into the following interest rate swap transactions converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions): Effective date Termination date Notional amount Bank pays variable rate of FIS pays fixed rate of February 2014 February 2017 $ 400 1 Month LIBOR (1) 0.89 % (2) January 2016 January 2017 400 1 Month LIBOR (1) 0.65 % (2) January 2016 January 2018 500 1 Month LIBOR (1) 0.92 % (2) January 2016 January 2019 250 1 Month LIBOR (1) 1.18 % (2) February 2016 February 2017 200 1 Month LIBOR (1) 0.71 % (2) $ 1,750 ___________________________________ (1) 0.47% in effect as of June 30, 2016 . (2) Does not include the applicable margin and facility fees paid to lenders on term loans and revolving loans as described above. We have designated these interest rate swaps as cash flow hedges and, as such, they are carried on the Condensed Consolidated Balance Sheets (Unaudited) at fair value with changes in fair value included in other comprehensive earnings, net of tax. A summary of the fair value of the Company’s interest rate derivative instruments is as follows (in millions): June 30, 2016 December 31, 2015 Balance sheet location Fair value Balance sheet location Fair value Interest rate swap contracts Other noncurrent assets $ — Other noncurrent assets $ 1 Interest rate swap contracts Accounts payable and accrued liabilities 2 Accounts payable and accrued liabilities — Interest rate swap contracts Other long-term liabilities 7 Other long-term liabilities 1 In accordance with the authoritative guidance for fair value measurements, the inputs used to determine the estimated fair value of our interest rate swaps are Level 2-type measurements. We considered our own credit risk and the credit risk of the counterparties when determining the fair value of our interest rate swaps. Adjustments are made to these amounts and to accumulated other comprehensive earnings ("AOCE") within the Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and Condensed Consolidated Statement of Equity (Unaudited) as the factors that impact fair value change, including current and projected interest rates, time to maturity and required cash transfers/settlements with our counterparties. Periodic actual and estimated settlements with counterparties are recorded to interest expense as a yield adjustment to effectively fix the otherwise variable rate interest expense associated with the Term and Revolving Loans for hedge notional amounts. A summary of the effect of derivative instruments on the Company’s Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and recognized in AOCE for the three months ended June 30, 2016 and 2015 are as follows (in millions): Amount of gain (loss) recognized in AOCE on derivatives Amount of gain (loss) reclassified from AOCE into income Derivatives in cash Three months ended Location of loss Three months ended flow hedging June 30, reclassified from June 30, relationships 2016 2015 AOCE into income 2016 2015 Interest rate derivative contracts $ (3 ) $ (1 ) Interest expense $ (2 ) $ (1 ) Amount of gain (loss) Amount of gain (loss) reclassified Derivatives in cash Six months ended Location of loss Six months ended flow hedging June 30, reclassified from June 30, relationships 2016 2015 AOCE into income 2016 2015 Interest rate derivative contracts $ (12 ) $ (3 ) Interest expense $ (4 ) $ (2 ) Approximately $2 million of the balance in AOCE as of June 30, 2016 , is expected to be reclassified into income over the next twelve months. Our existing cash flow hedges are highly effective and there was no impact on earnings due to hedge ineffectiveness. It is our practice to execute such instruments with credit-worthy banks at the time of execution and not to enter into derivative financial instruments for speculative purposes. As of June 30, 2016 , we believe that our interest rate swap counterparties will be able to fulfill their obligations under our agreements, and we believe we will have debt outstanding through the various expiration dates of the swaps such that the forecasted transactions remain probable of occurring.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation In the ordinary course of business, the Company is involved in various pending and threatened litigation matters related to operations, some of which include claims for punitive or exemplary damages. The Company believes no actions, other than the matters listed below, depart from customary litigation incidental to its business. As background to the disclosure below, please note the following: • These matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities. • The Company reviews all of its litigation on an on-going basis and follows the authoritative provisions for accounting for contingencies when making accrual and disclosure decisions. A liability must be accrued if (a) it is probable that a liability has been incurred and (b) the amount of loss can be reasonably estimated. If one of these criteria has not been met, disclosure is required when there is at least a reasonable possibility that a material loss may be incurred. When assessing reasonably possible and probable outcomes, the Company bases decisions on the assessment of the ultimate outcome following all appeals. Legal fees associated with defending litigation matters are expensed as incurred. DataTreasury Corporation v. Fidelity National Information Services, Inc. et. al. On May 28, 2013, DataTreasury Corporation (the “Plaintiff”) filed a patent infringement lawsuit against the Company and multiple banks in the U.S. District Court for the Eastern District of Texas, Marshall Division. Plaintiff alleges that the Company infringes the patents at issue by making, using, selling or offering to sell systems and methods for image-based check processing. The Plaintiff seeks damages, injunctive relief and attorneys' fees for the alleged infringement of two patents. On October 25, 2013, the Company filed for covered business method ("CBM") post-grant reviews of the validity of the Plaintiff's asserted patents at the U.S. Patent and Trademark Office ("USPTO"). The Company filed a Motion to Stay the case pending the outcome of the CBM post-grant reviews. On April 29, 2014, the USPTO instituted the Company's two CBM petitions. On August 14, 2014, the Court granted the Company's Motion to Stay the litigation pending the outcome of the CBM review proceedings. On April 29, 2015, the Patent Trial and Appeal Board ("PTAB") issued final written decisions on the Company’s two CBM petitions holding that all claims of the Plaintiff’s two patents are unpatentable. The Plaintiff's request for rehearing of these decisions has been denied by PTAB. On August 27, 2015, the Plaintiff filed a notice of appeal to the U.S. Court of Appeals for the Federal Circuit of the USPTO’s Final Written Decisions. Briefing was completed on April 7, 2016 and the parties are awaiting a date for oral argument. An estimate of a possible loss or range of possible loss, if any, for this action cannot be made at this time. Acquired Contingencies The Company became responsible for certain contingencies which were assumed in the SunGard acquisition. These matters include unclaimed property examinations, tax compliance matters, and finalizing the sale prices for two previously divested businesses. The Condensed Consolidated Balance Sheet as of June 30, 2016 includes a provisional liability totaling $112 million related to these matters, including $75 million in unrecognized tax benefits assumed. This provisional liability is subject to further change as these contingencies are finalized. Changes in this provisional liability during the measurement period that result from new information about facts and circumstances that existed at the acquisition date are reflected in our purchase accounting for the SunGard acquisition, not through our income statement. The State of Delaware, Department of Finance, Division of Revenue (Unclaimed Property) and nine other states are currently conducting a joint examination of the books and records of certain subsidiaries acquired in the SunGard acquisition to determine compliance with the unclaimed property laws. Additionally, prior to the SunGard acquisition, SunGard entered into voluntary disclosure agreements to address the potential unclaimed property exposure for certain entities not included in the scope of the ongoing unclaimed property examination. Brazilian Tax Authorities Claims In 2004, Proservvi Empreendimentos e Servicos, Ltda., the predecessor to Fidelity National Servicos de Tratamento de Documentos e Informatica Ltda. (“Servicos”), a subsidiary of Fidelity National Participacoes Ltda., our former item processing and remittance services operation in Brazil, acquired certain assets and employees and leased certain facilities from the Transpev Group (“Transpev”) in Brazil. Transpev’s remaining assets were later acquired by Prosegur, an unrelated third party. When Transpev discontinued its operations after the asset sale to Prosegur, it had unpaid federal taxes and social contributions owing to the Brazilian tax authorities. The Brazilian tax authorities brought a claim against Transpev and beginning in 2012 brought claims against Prosegur and Servicos on the grounds that Prosegur and Servicos were successors in interest to Transpev. To date, the Brazilian tax authorities filed seven claims against Servicos asserting potential tax liabilities of approximately $8 million . There are potentially 29 additional claims against Transpev/Prosegur for which Servicos is named as a co-defendant or may be named, but for which Servicos has not yet been served. These additional claims amount to approximately $72 million making the total potential exposure for all 36 claims approximately $80 million . We do not believe a liability for these 36 total claims is probable or reasonably estimable and, therefore, have not recorded a liability for any of these claims. Indemnifications and Warranties The Company generally indemnifies its customers, subject to certain limitations and exceptions, against damages and costs resulting from claims of patent, copyright, or trademark infringement associated solely with its customers' use of the Company's software applications or services. Historically, the Company has not made any material payments under such indemnifications, but continues to monitor the conditions that are subject to the indemnifications to identify whether it is probable that a loss has occurred, and would recognize any such losses when they are estimable. In addition, the Company warrants to customers that its software operates substantially in accordance with the software specifications. Historically, no material costs have been incurred related to software warranties and no accruals for warranty costs have been made.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information In 2015, FIS finalized a reorganization and began reporting its financial performance based on three segments: Integrated Financial Solutions (“IFS”), Global Financial Solutions (“GFS”) and Corporate and Other. We recast all previous periods to conform to the new segment presentation. Following the November 30, 2015 SunGard acquisition, SunGard was included within the GFS segment as its economic characteristics, international business model, and various other factors largely aligned with those of our GFS segment. As we have further integrated the businesses in 2016, we have reclassified certain SunGard solutions that are oriented more to the retail banking and payments activities of IFS into that segment (corporate liquidity and wealth management). Certain other non-strategic businesses from both SunGard (public sector and education) and legacy FIS (commercial services and check processing) have been reclassified to the Corporate and Other segment, as have SunGard administrative expenses. Prior periods have been reclassified to conform to the current segment presentation. The segment profit measure primarily utilized by management is adjusted EBITDA, which is defined as EBITDA (defined as net income (loss) before net interest expense, income tax provision (benefit) and depreciation and amortization, including amortization of purchased intangibles), plus certain non-operating items. The non-operating items affecting the segment profit measure generally include acquisition accounting adjustments, acquisition, integration and severance costs, and restructuring expenses. For consolidated reporting purposes, these costs and adjustments are recorded in the Corporate and Other segment for the periods discussed below. Adjusted EBITDA for the respective segments excludes the foregoing costs and adjustments. Summarized financial information for the Company’s segments is shown in the following tables. As of and for the three months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,162 $ 1,048 $ 95 $ 2,305 Operating expenses 779 823 420 2,022 Depreciation and amortization from continuing operations 67 62 15 144 Purchase accounting amortization — — 147 147 EBITDA 450 287 (163 ) 574 Acquisition deferred revenue adjustment — — 59 59 Acquisition, integration and severance costs — — 63 63 Adjusted EBITDA $ 450 $ 287 $ (41 ) 696 EBITDA $ 574 Interest expense 93 Depreciation and amortization from continuing operations 144 Purchase accounting amortization 147 Other income (expense) unallocated (1 ) Provision for income taxes 66 Net earnings from discontinued operations 1 Net earnings attributable to noncontrolling interest 3 Net earnings attributable to FIS common stockholders $ 121 Capital expenditures (1) $ 70 $ 67 $ 12 $ 149 Total assets (2) $ 10,189 $ 9,136 $ 7,055 $ 26,380 Goodwill $ 7,670 $ 6,440 $ 455 $ 14,565 (1) Capital expenditures for the three months ended June 30, 2016 include $1 million of capital leases. (2) Total assets as of June 30, 2016 exclude $4 million related to discontinued operations. As of and for the three months ended June 30, 2015 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 931 $ 555 $ 101 $ 1,587 Operating expenses 618 473 209 1,300 Depreciation and amortization from continuing operations 56 35 14 105 Purchase accounting amortization — — 50 50 EBITDA 369 117 (44 ) 442 Acquisition, integration and severance costs — — 11 11 Adjusted EBITDA $ 369 $ 117 $ (33 ) $ 453 EBITDA $ 442 Interest expense 36 Depreciation and amortization from continuing operations 105 Purchase accounting amortization 50 Other income (expense) unallocated 152 Provision for income taxes 156 Net loss from discontinued operations (2 ) Net earnings attributable to noncontrolling interest 5 Net earnings attributable to FIS common stockholders $ 240 Capital expenditures (1) $ 65 $ 50 $ 4 $ 119 Total assets (2) $ 8,703 $ 3,658 $ 1,942 $ 14,303 Goodwill $ 6,627 $ 1,963 $ 162 $ 8,752 (1) Capital expenditures for the three months ended June 30, 2015 include $1 million of capital leases. (2) Total assets as of June 30, 2015 exclude $1 million related to discontinued operations. For the six months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 2,283 $ 2,038 $ 165 $ 4,486 Operating expenses 1,541 1,626 852 4,019 Depreciation and amortization from continuing operations 133 120 30 283 Purchase accounting amortization 1 6 294 301 EBITDA 876 538 (363 ) 1,051 Acquisition deferred revenue adjustment — — 140 140 Acquisition, integration and severance costs — — 142 142 Adjusted EBITDA 876 538 (81 ) 1,333 EBITDA 1,051 Interest expense 186 Depreciation and amortization from continuing operations 283 Purchase accounting amortization 301 Other income (expense) unallocated (2 ) Provision for income taxes 97 Net earnings from discontinued operations 1 Net earnings attributable to noncontrolling interest 7 Net earnings attributable to FIS common stockholders $ 176 Capital expenditures (1) $ 130 $ 142 $ 23 $ 295 (1) Capital expenditures for the six months ended June 30, 2016 include $2 million of capital leases. For the six months ended June 30, 2015 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,859 $ 1,067 $ 216 $ 3,142 Operating expenses 1,227 939 474 2,640 Depreciation and amortization from continuing operations 108 70 30 208 Purchase accounting amortization — — 100 100 EBITDA 740 198 (128 ) 810 Acquisition, integration and severance costs — — 23 23 Global restructure — — 45 45 Adjusted EBITDA $ 740 $ 198 $ (60 ) $ 878 EBITDA $ 810 Interest expense 73 Depreciation and amortization from continuing operations 208 Purchase accounting amortization 100 Other income (expense) unallocated 150 Provision for income taxes 214 Net loss from discontinued operations (5 ) Net earnings attributable to noncontrolling interest 9 Net earnings attributable to FIS common stockholders $ 351 Capital expenditures (1) $ 127 $ 85 $ 9 $ 221 (1) Capital expenditures for the six months ended June 30, 2015 include $2 million of capital leases. Clients in Brazil, the United Kingdom, France and Germany accounted for the majority of the revenues from clients based outside of North America for all periods presented. Long-term assets, excluding goodwill and other intangible assets, located outside of the United States total $515 million and $373 million as of June 30, 2016 and 2015 , respectively. These assets are predominantly located in Brazil, India, Germany and the United Kingdom. Integrated Financial Solutions ("IFS") The IFS segment is primarily focused on serving the North American regional and community bank market for transaction and account processing, payment solutions, channel solutions (including lending and wealth management solutions), digital channels, risk and compliance solutions, and services, capitalizing on the continuing trend to outsource these solutions. IFS also includes corporate liquidity and wealth management solutions acquired in the SunGard acquisition. IFS’ primary software applications function as the underlying infrastructure of a financial institution's processing environment. These applications include core bank processing software, which banks use to maintain the primary records of their customer accounts, and complementary applications and services that interact directly with the core processing applications. Clients in this segment include regional and community banks, credit unions, commercial lenders, independent community and savings institutions as well as government institutions, merchants and other commercial organizations. This market is primarily served through integrated solutions and characterized by multi-year processing contracts that generate highly recurring revenues. The predictable nature of cash flows generated from this segment provides opportunities for further investments in innovation, product integration, information and security, and compliance in a cost effective manner. Global Financial Solutions ("GFS") The GFS segment is focused on serving the largest financial institutions around the globe with banking and payments solutions, as well as consulting and transformation services. The GFS segment has extended its reach through the SunGard acquisition, and now also delivers a broader array of capital markets and asset management and insurance solutions and services. GFS clients include the largest global financial institutions, including those headquartered in the United States, as well as all international financial institutions we serve as clients in more than 130 countries around the world. These institutions face unique business and regulatory challenges and account for the majority of financial institution information technology spend globally. The purchasing patterns of GFS clients vary from those of IFS clients who typically purchase solutions on an outsourced basis. GFS clients purchase our solutions and services in various ways including licensing and managing technology “in-house”, using consulting and third party service providers as well as fully outsourced end-to-end solutions. We have long-established relationships with many of these financial institutions that generate significant recurring revenue. GFS clients now also include asset managers, buy- and sell-side securities and trading firms, insurers and private equity firms due to the addition of SunGard. This segment also includes the Company's consolidated Brazilian Venture (Note 2). Corporate and Other The Corporate and Other segment consists of corporate overhead expense, certain leveraged functions and miscellaneous expenses that are not included in the operating segments as well as certain non-strategic businesses as indicated above. The overhead and leveraged costs relate to marketing, corporate finance and accounting, human resources, legal, and amortization of acquisition-related intangibles and other costs that are not considered when management evaluates revenue generating segment performance, such as acquisition integration and severance costs. The Corporate and Other segment also includes the purchase accounting impact on revenue for 2016 of adjusting SunGard's deferred revenue as of the acquisition date to fair value.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The unaudited financial information included in this report includes the accounts of FIS and its subsidiaries prepared in accordance with U.S. generally accepted accounting principles and the instructions to Form 10-Q and Article 10 of Regulation S-X. All adjustments considered necessary for a fair presentation have been included. This report should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , as updated by the Current Report on Form 8-K dated June 2, 2016 for changes in our reporting segments. The preparation of these Condensed Consolidated Financial Statements (Unaudited) in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the Condensed Consolidated Financial Statements (Unaudited) and the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates. Certain reclassifications have been made in the 2015 Condensed Consolidated Financial Statements (Unaudited) to conform to the classifications used in 2016 . On August 12, 2015, FIS and certain of its wholly owned subsidiaries entered into an Agreement and Plan of Merger with SunGard and SunGard Capital Corp. II (collectively “SunGard”) pursuant to which, through a series of mergers, FIS acquired SunGard (collectively the "SunGard acquisition" or the "Acquisition"). FIS completed the SunGard acquisition on November 30, 2015 (Note 4) and SunGard's results of operations and financial position are included in the consolidated financial statements from and after the date of acquisition. We report the results of our operations in three reporting segments: Integrated Financial Solutions (“IFS”), Global Financial Solutions (“GFS”) and Corporate and Other (Note 9).

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Schedule of Related Party Receivables and Payables	A summary of the Company’s related party receivables and payables is as follows (in millions): June 30, December 31, Related Party Balance sheet location 2016 2015 Banco Bradesco Trade receivables $ 42 $ 31 Banco Bradesco Accounts payable and accrued liabilities 10 9 Banco Bradesco Other long-term liabilities 20 24

Net Earnings per Share (Tables)

Net Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings per share attributable to FIS common stockholders	The following table summarizes the earnings per share attributable to FIS common stockholders for the three and six months ended June 30, 2016 and 2015 (in millions, except per share amounts): Three months ended Six months ended 2016 2015 2016 2015 Earnings from continuing operations attributable to FIS common stockholders, net of tax $ 120 $ 242 $ 175 $ 356 Earnings (loss) from discontinued operations attributable to FIS common stockholders, net of tax 1 (2 ) 1 (5 ) Net earnings attributable to FIS common stockholders $ 121 $ 240 $ 176 $ 351 Weighted average shares outstanding — basic 325 281 325 282 Plus: Common stock equivalent shares 4 3 3 4 Weighted average shares outstanding — diluted 329 284 328 286 Net earnings per share — basic from continuing operations attributable to FIS common stockholders $ 0.37 $ 0.86 $ 0.54 $ 1.26 Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders — (0.01 ) — (0.02 ) Net earnings per share — basic attributable to FIS common stockholders $ 0.37 $ 0.85 $ 0.54 $ 1.25 Net earnings per share — diluted from continuing operations attributable to FIS common stockholders $ 0.36 $ 0.85 $ 0.53 $ 1.25 Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders — (0.01 ) — (0.02 ) Net earnings per share — diluted attributable to FIS common stockholders $ 0.37 $ 0.84 $ 0.54 $ 1.23 Amounts in table may not sum due to rounding.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Schedule of Business Acquisitions Stock and Equity Awards	Through a series of mergers, FIS acquired 100 percent of the equity of SunGard, for a total purchase price as follows (in millions): Cash consideration, including SunGard transaction fees paid at closing $ 2,335 Value of stock and vested equity awards exchanged for FIS shares 2,697 Value of vested portion of SunGard stock awards exchanged for FIS awards 47 $ 5,079
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The preliminary purchase price allocation, as adjusted for measurement period adjustments recorded through June 30, 2016, is as follows (in millions): Cash $ 631 Trade and other receivables 574 Property and equipment 145 Computer software 674 Intangible assets 4,550 Other assets 68 Goodwill 5,806 Liabilities assumed and noncontrolling interest (7,369 ) $ 5,079 The following table summarizes the liabilities assumed in the SunGard acquisition (in millions): Long-term debt (subsequently retired) $ 4,738 Deferred income taxes 1,757 Deferred revenue 278 Other liabilities and noncontrolling interest 596 $ 7,369

Condensed Consolidated Financ22

Condensed Consolidated Financial Statement Details (Tables)	6 Months Ended
	Jun. 30, 2016
Condensed Consolidated Financial Statement Details [Abstract]
Condensed Consolidated Financial Statement Details	The following table shows the Company’s condensed consolidated financial statement details as of June 30, 2016 and December 31, 2015 (in millions): June 30, 2016 December 31, 2015 Cost Accumulated Net Cost Accumulated Net Property and equipment $ 1,443 $ 848 $ 595 $ 1,396 $ 785 $ 611 Intangible assets $ 6,934 $ 1,661 $ 5,273 $ 6,963 $ 1,804 $ 5,159 Computer software $ 2,419 $ 794 $ 1,625 $ 2,300 $ 716 $ 1,584
Schedule of Goodwill	Changes in goodwill during the six months ended June 30, 2016 are summarized as follows (in millions): Total Balance, December 31, 2015 $ 14,745 Adjustments to SunGard provisional purchase price allocation (188 ) Foreign currency adjustments 8 Balance, June 30, 2016 $ 14,565

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-term debt	Long-term debt as of June 30, 2016 and December 31, 2015 , consisted of the following (in millions): June 30, 2016 December 31, 2015 2017 Term Loans (1) $ 600 $ 1,300 2018 Term Loans (2) 1,500 1,500 Senior Notes due June 2017, interest payable semi-annually at 1.450% 300 300 Senior Notes due April 2018, interest payable semi-annually at 2.000% 250 250 Senior Notes due October 2018, interest payable semi-annually at 2.850% 750 750 Senior Notes due October 2020, interest payable semi-annually at 3.625% 1,750 1,750 Senior Notes due March 2022, interest payable semi-annually at 5.000% 700 700 Senior Notes due October 2022, interest payable semi-annually at 4.500% 500 500 Senior Notes due April 2023, interest payable semi-annually at 3.500% 1,000 1,000 Senior Notes due June 2024, interest payable semi-annually at 3.875% 700 700 Senior Notes due October 2025, interest payable semi-annually at 5.000% 1,500 1,500 Revolving Loan (3) 1,625 1,250 Other (54 ) (56 ) 11,121 11,444 Current portion (913 ) (15 ) Long-term debt, excluding current portion $ 10,208 $ 11,429 __________________________________________ (1) Interest on the 2017 Term Loans is generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings. As of June 30, 2016 , the weighted average interest rate on the 2017 Term Loans was 1.71% . (2) Interest on the 2018 Term Loans is generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings. As of June 30, 2016 , the weighted average interest rate on the 2018 Term Loans was 1.71% . (3) Interest on the Revolving Loan is generally payable at LIBOR plus an applicable margin of up to 1.75% plus an unused commitment fee of up to 0.25% , each based upon the Company's corporate credit ratings. As of June 30, 2016 , the weighted average interest rate on the Revolving Loan, excluding fees, was 1.66% .
Principal maturities of long-term debt	The following summarizes the aggregate maturities of our debt and capital leases on stated contractual maturities, excluding unamortized non-cash bond premiums and discounts of $14 million as of June 30, 2016 (in millions). Total 2016 $ 9 2017 911 2018 2,502 2019 1,625 2020 1,750 Thereafter 4,400 Total principal payments 11,197 Debt issuance costs, net of accumulated amortization (62 ) Total long-term debt $ 11,135
Interest rate swap	As of June 30, 2016 , we have entered into the following interest rate swap transactions converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions): Effective date Termination date Notional amount Bank pays variable rate of FIS pays fixed rate of February 2014 February 2017 $ 400 1 Month LIBOR (1) 0.89 % (2) January 2016 January 2017 400 1 Month LIBOR (1) 0.65 % (2) January 2016 January 2018 500 1 Month LIBOR (1) 0.92 % (2) January 2016 January 2019 250 1 Month LIBOR (1) 1.18 % (2) February 2016 February 2017 200 1 Month LIBOR (1) 0.71 % (2) $ 1,750 ___________________________________ (1) 0.47% in effect as of June 30, 2016 . (2) Does not include the applicable margin and facility fees paid to lenders on term loans and revolving loans as described above.
Summary of interest rate derivative instruments	A summary of the fair value of the Company’s interest rate derivative instruments is as follows (in millions): June 30, 2016 December 31, 2015 Balance sheet location Fair value Balance sheet location Fair value Interest rate swap contracts Other noncurrent assets $ — Other noncurrent assets $ 1 Interest rate swap contracts Accounts payable and accrued liabilities 2 Accounts payable and accrued liabilities — Interest rate swap contracts Other long-term liabilities 7 Other long-term liabilities 1
Effect of derivate instruments on earnings and recognized in AOCE	A summary of the effect of derivative instruments on the Company’s Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and recognized in AOCE for the three months ended June 30, 2016 and 2015 are as follows (in millions): Amount of gain (loss) recognized in AOCE on derivatives Amount of gain (loss) reclassified from AOCE into income Derivatives in cash Three months ended Location of loss Three months ended flow hedging June 30, reclassified from June 30, relationships 2016 2015 AOCE into income 2016 2015 Interest rate derivative contracts $ (3 ) $ (1 ) Interest expense $ (2 ) $ (1 ) Amount of gain (loss) Amount of gain (loss) reclassified Derivatives in cash Six months ended Location of loss Six months ended flow hedging June 30, reclassified from June 30, relationships 2016 2015 AOCE into income 2016 2015 Interest rate derivative contracts $ (12 ) $ (3 ) Interest expense $ (4 ) $ (2 )

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	Summarized financial information for the Company’s segments is shown in the following tables. As of and for the three months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,162 $ 1,048 $ 95 $ 2,305 Operating expenses 779 823 420 2,022 Depreciation and amortization from continuing operations 67 62 15 144 Purchase accounting amortization — — 147 147 EBITDA 450 287 (163 ) 574 Acquisition deferred revenue adjustment — — 59 59 Acquisition, integration and severance costs — — 63 63 Adjusted EBITDA $ 450 $ 287 $ (41 ) 696 EBITDA $ 574 Interest expense 93 Depreciation and amortization from continuing operations 144 Purchase accounting amortization 147 Other income (expense) unallocated (1 ) Provision for income taxes 66 Net earnings from discontinued operations 1 Net earnings attributable to noncontrolling interest 3 Net earnings attributable to FIS common stockholders $ 121 Capital expenditures (1) $ 70 $ 67 $ 12 $ 149 Total assets (2) $ 10,189 $ 9,136 $ 7,055 $ 26,380 Goodwill $ 7,670 $ 6,440 $ 455 $ 14,565 (1) Capital expenditures for the three months ended June 30, 2016 include $1 million of capital leases. (2) Total assets as of June 30, 2016 exclude $4 million related to discontinued operations. As of and for the three months ended June 30, 2015 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 931 $ 555 $ 101 $ 1,587 Operating expenses 618 473 209 1,300 Depreciation and amortization from continuing operations 56 35 14 105 Purchase accounting amortization — — 50 50 EBITDA 369 117 (44 ) 442 Acquisition, integration and severance costs — — 11 11 Adjusted EBITDA $ 369 $ 117 $ (33 ) $ 453 EBITDA $ 442 Interest expense 36 Depreciation and amortization from continuing operations 105 Purchase accounting amortization 50 Other income (expense) unallocated 152 Provision for income taxes 156 Net loss from discontinued operations (2 ) Net earnings attributable to noncontrolling interest 5 Net earnings attributable to FIS common stockholders $ 240 Capital expenditures (1) $ 65 $ 50 $ 4 $ 119 Total assets (2) $ 8,703 $ 3,658 $ 1,942 $ 14,303 Goodwill $ 6,627 $ 1,963 $ 162 $ 8,752 (1) Capital expenditures for the three months ended June 30, 2015 include $1 million of capital leases. (2) Total assets as of June 30, 2015 exclude $1 million related to discontinued operations. For the six months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 2,283 $ 2,038 $ 165 $ 4,486 Operating expenses 1,541 1,626 852 4,019 Depreciation and amortization from continuing operations 133 120 30 283 Purchase accounting amortization 1 6 294 301 EBITDA 876 538 (363 ) 1,051 Acquisition deferred revenue adjustment — — 140 140 Acquisition, integration and severance costs — — 142 142 Adjusted EBITDA 876 538 (81 ) 1,333 EBITDA 1,051 Interest expense 186 Depreciation and amortization from continuing operations 283 Purchase accounting amortization 301 Other income (expense) unallocated (2 ) Provision for income taxes 97 Net earnings from discontinued operations 1 Net earnings attributable to noncontrolling interest 7 Net earnings attributable to FIS common stockholders $ 176 Capital expenditures (1) $ 130 $ 142 $ 23 $ 295 (1) Capital expenditures for the six months ended June 30, 2016 include $2 million of capital leases. For the six months ended June 30, 2015 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,859 $ 1,067 $ 216 $ 3,142 Operating expenses 1,227 939 474 2,640 Depreciation and amortization from continuing operations 108 70 30 208 Purchase accounting amortization — — 100 100 EBITDA 740 198 (128 ) 810 Acquisition, integration and severance costs — — 23 23 Global restructure — — 45 45 Adjusted EBITDA $ 740 $ 198 $ (60 ) $ 878 EBITDA $ 810 Interest expense 73 Depreciation and amortization from continuing operations 208 Purchase accounting amortization 100 Other income (expense) unallocated 150 Provision for income taxes 214 Net loss from discontinued operations (5 ) Net earnings attributable to noncontrolling interest 9 Net earnings attributable to FIS common stockholders $ 351 Capital expenditures (1) $ 127 $ 85 $ 9 $ 221 (1) Capital expenditures for the six months ended June 30, 2015 include $2 million of capital leases.

Basis of Presentation - (Narrat

Basis of Presentation - (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	3

Related Party Transactions - (N

Related Party Transactions - (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Related Party Transaction [Line Items]
Ownership percentage of the Brazilian venture			51.00%
Corporate Joint Venture | Contract-Based Intangible Assets
Related Party Transaction [Line Items]
Finite-lived intangible assets, net	$ 97		$ 97
Noncontrolling interest in joint venture	105		105
Banco Bradesco Brazilian Venture
Related Party Transaction [Line Items]
Revenues from related parties	57	$ 61	108	$ 125
Unfavorable Currency Impact | Banco Bradesco Brazilian Venture
Related Party Transaction [Line Items]
Revenues from related parties	$ 8		$ 27

Related Party Transactions - (R

Related Party Transactions - (Receivables and Payables) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Accounts payable and accrued liabilities	$ 1,157	$ 1,196
Other long-term liabilities	323	312
Corporate Joint Venture | Banco Bradesco Brazilian Venture
Related Party Transaction [Line Items]
Trade receivables	42	31
Accounts payable and accrued liabilities	10	9
Other long-term liabilities	$ 20	$ 24

Net Earnings per Share - (Summa

Net Earnings per Share - (Summary of Earnings per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings from continuing operations attributable to FIS common stockholders, net of tax	$ 120	$ 242	$ 175	$ 356
Earnings (loss) from discontinued operations attributable to FIS common stockholders, net of tax	1	(2)	1	(5)
Net earnings attributable to FIS common stockholders	$ 121	$ 240	$ 176	$ 351
Weighted average shares outstanding — basic (in shares)	325	281	325	282
Plus: Common stock equivalent shares ( in shares)	4	3	3	4
Weighted average shares outstanding — diluted (in shares)	329	284	328	286
Net earnings per share — basic from continuing operations attributable to FIS common stockholders (in dollars per share)	$ 0.37	$ 0.86	$ 0.54	$ 1.26
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	(0.01)	0	(0.02)
Net earnings per share — basic attributable to FIS common stockholders (in dollars per share)	0.37	0.85	0.54	1.25
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders (in dollars per share)	0.36	0.85	0.53	1.25
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	(0.01)	0	(0.02)
Net earnings per share — diluted attributable to FIS common stockholders (in dollars per share)	$ 0.37	$ 0.84	$ 0.54	$ 1.23

Net Earnings per Share - (Narra

Net Earnings per Share - (Narrative) (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	7	5	7	5

Acquisitions - (Narrative) (Det

Acquisitions - (Narrative) (Details) - SunGard - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Nov. 30, 2015
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired		100.00%
Increase in depreciation and amortization that would have been recognized in 2015	$ 6
Gross contractual receivables		$ 583

Acquisitions - (SunGard Conside

Acquisitions - (SunGard Consideration Transferred) (Details) - SunGard $ in Millions	Nov. 30, 2015USD ($)
Business Acquisition [Line Items]
Cash consideration, including SunGard transaction fees paid at closing	$ 2,335
Business combination consideration transferred	5,079
Stock and Vested Equity Awards
Business Acquisition [Line Items]
Value of awards exchanged for FIS shares	2,697
Vested Stock Awards
Business Acquisition [Line Items]
Value of awards exchanged for FIS shares	$ 47

Acquisitions - (Assets Acquired

Acquisitions - (Assets Acquired and Goodwill) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015
Business Acquisition [Line Items]
Goodwill	$ 14,565	$ 14,745	$ 8,752
SunGard
Business Acquisition [Line Items]
Cash	631
Trade and other receivables	574
Property and equipment	145
Computer software	674
Intangible assets	4,550
Other assets	68
Goodwill	5,806
Liabilities assumed and noncontrolling interest	(7,369)
Recognized identifiable assets	$ 5,079

Acquisitions - (Liabilities Ass

Acquisitions - (Liabilities Assumed and Noncontrolling Interest) (Details) - SunGard $ in Millions	Jun. 30, 2016USD ($)
Business Acquisition [Line Items]
Long-term debt (subsequently retired)	$ 4,738
Deferred income taxes	1,757
Deferred revenue	278
Other liabilities and noncontrolling interest	596
Liabilities assumed and noncontrolling interest	$ 7,369

Discontinued Operations and O34

Discontinued Operations and Other Dispositions - (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on assets sold		$ 0	$ 150
Other Nonoperating Income (Expense)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on assets sold	$ 140

Condensed Consolidated Financ35

Condensed Consolidated Financial Statement Details - (Summary of Net Assets and Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Goodwill [Line Items]
Property and equipment, cost	$ 1,443		$ 1,443		$ 1,396
Property and equipment, accumulated depreciation and amortization	848		848		785
Property and equipment, net	595		595		611
Intangible assets, cost	6,934		6,934		6,963
Intangible assets, accumulated depreciation and amortization	1,661		1,661		1,804
Intangible assets, net	5,273		5,273		5,159
Computer software, cost	2,419		2,419		2,300
Computer software, accumulated depreciation and amortization	794		794		716
Computer software, net	1,625		1,625		$ 1,584
Capital lease obligations incurred	1	$ 1	2	$ 2
Goodwill [Roll Forward]
Beginning balance			14,745
Adjustments to SunGard provisional purchase price allocation			(188)
Foreign currency adjustments			8
Ending balance	14,565	$ 8,752	14,565	$ 8,752
Amortization expense of intangible assets	131
Customer Relationships
Goodwill [Roll Forward]
Finite-lived intangible assets, net	5,128		5,128
Trademarks
Goodwill [Roll Forward]
Finite-lived intangible assets, net	64		64
Trademarks
Goodwill [Roll Forward]
Indefinite-lived intangible assets	$ 81		$ 81

Long-Term Debt - (Schedule of L

Long-Term Debt - (Schedule of Long-Term Debt) (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Long-Term Debt
Other	$ (54)	$ (56)
Total long-term debt	11,121	11,444
Current portion	(913)	(15)
Long-term debt, excluding current portion	10,208	11,429
2017 Term Loans
Long-Term Debt
Term Loan	$ 600	1,300
Weighted average interest rate	1.71%
2018 Term Loans
Long-Term Debt
Term Loan	$ 1,500	1,500
Weighted average interest rate	1.71%
Senior Notes due June 2017, interest payable semi-annually at 1.450%
Long-Term Debt
Senior notes	$ 300	$ 300
Debt instrument, stated percentage	1.45%	1.45%
Senior Notes due April 2018, interest payable semi-annually at 2.000%
Long-Term Debt
Senior notes	$ 250	$ 250
Debt instrument, stated percentage	2.00%	2.00%
Senior Notes due October 2018, interest payable semi-annually at 2.850%
Long-Term Debt
Senior notes	$ 750	$ 750
Debt instrument, stated percentage	2.85%	2.85%
Senior Notes due October 2020, interest payable semi-annually at 3.625%
Long-Term Debt
Senior notes	$ 1,750	$ 1,750
Debt instrument, stated percentage	3.625%	3.625%
Senior Notes due March 2022, interest payable semi-annually at 5.000%
Long-Term Debt
Senior notes	$ 700	$ 700
Debt instrument, stated percentage	5.00%	5.00%
Senior Notes due October 2022, interest payable semi-annually at 4.500%
Long-Term Debt
Senior notes	$ 500	$ 500
Debt instrument, stated percentage	4.50%	4.50%
Senior Notes due April 2023, interest payable semi-annually at 3.500%
Long-Term Debt
Senior notes	$ 1,000	$ 1,000
Debt instrument, stated percentage	3.50%	3.50%
Senior Notes due June 2024, interest payable semi-annually at 3.875%
Long-Term Debt
Senior notes	$ 700	$ 700
Debt instrument, stated percentage	3.875%	3.875%
Senior Notes due October 2025, interest payable semi-annually at 5.000%
Long-Term Debt
Senior notes	$ 1,500	$ 1,500
Debt instrument, stated percentage	5.00%	5.00%
Revolving Loan
Long-Term Debt
Term Loan	$ 1,625	$ 1,250
Weighted average interest rate	1.66%
Unused commitment fee	0.25%	0.25%
One month LIBOR | Maximum | 2017 Term Loans
Long-Term Debt
Applicable margin	1.75%	1.75%
One month LIBOR | Maximum | 2018 Term Loans
Long-Term Debt
Applicable margin	1.75%
One month LIBOR | Maximum | Revolving Loan
Long-Term Debt
Applicable margin	1.75%

Long-Term Debt - (Principal Mat

Long-Term Debt - (Principal Maturities of Long-Term Debt) (Details) - FIS Credit Agreements $ in Millions	Jun. 30, 2016USD ($)
Principal maturities of long-term debt
2,016	$ 9
2,017	911
2,018	2,502
2,019	1,625
2,020	1,750
Thereafter	4,400
Total principal payments	11,197
Debt issuance costs, net of accumulated amortization	(62)
Total long-term debt	$ 11,135

Long-Term Debt - (Interest Rate

Long-Term Debt - (Interest Rate Swap) (Details)	Jun. 30, 2016USD ($)
One month LIBOR
Interest rate swap
Interest rate in effect	0.47%
Interest Rate Swap Terminating February 2017
Interest rate swap
Fixed rate	0.89%
Interest Rate Swap Terminating January 2017
Interest rate swap
Fixed rate	0.65%
Interest Rate Swap Terminating January 2018
Interest rate swap
Fixed rate	0.92%
Interest Rate Swap Terminating January 2019
Interest rate swap
Fixed rate	1.18%
Interest Rate Swap Terminating February 2017
Interest rate swap
Fixed rate	0.71%
Designated as Hedging Instrument
Interest rate swap
Notional amount	$ 1,750,000,000
Designated as Hedging Instrument | Interest Rate Swap Terminating February 2017
Interest rate swap
Notional amount	400,000,000
Designated as Hedging Instrument | Interest Rate Swap Terminating January 2017
Interest rate swap
Notional amount	400,000,000
Designated as Hedging Instrument | Interest Rate Swap Terminating January 2018
Interest rate swap
Notional amount	500,000,000
Designated as Hedging Instrument | Interest Rate Swap Terminating January 2019
Interest rate swap
Notional amount	250,000,000
Designated as Hedging Instrument | Interest Rate Swap Terminating February 2017
Interest rate swap
Notional amount	$ 200,000,000

Long-Term Debt - (Narrative) (D

Long-Term Debt - (Narrative) (Details)	Jun. 30, 2016USD ($)
Debt Instrument [Line Items]
Unamortized bond premium discount, net	$ 14,000,000
Fair value, aggregate differences	499,000,000
AOCE expected to reclassified during next twelve months	2,000,000
FIS Credit Agreements
Debt Instrument [Line Items]
Total committed capital, credit agreement	3,600,000,000
FIS Credit Agreements | Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity	3,000,000,000
Credit facility outstanding amount	1,625,000,000
Additional term and revolving loan capacity in the future	1,367,000,000
FIS Credit Agreements | FIS Credit Agreement 2017 Term Loans
Debt Instrument [Line Items]
Face amount of loans	600,000,000
FIS Credit Agreements | FIS Credit Agreement 2018 Term Loan
Debt Instrument [Line Items]
Face amount of loans	1,500,000,000
Letter of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility outstanding amount	$ 8,000,000

Long-Term Debt - (Schedule of F

Long-Term Debt - (Schedule of Fair Value of Derivative Instruments) (Details) - Interest Rate Swap - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Other noncurrent assets
Derivatives, Fair Value [Line Items]
Interest rate swap contracts	$ 0	$ 1
Accounts payable and accrued liabilities
Derivatives, Fair Value [Line Items]
Interest rate swap contracts	2	0
Other long-term liabilities
Derivatives, Fair Value [Line Items]
Interest rate swap contracts	$ 7	$ 1

Long-Term Debt - (Schedule Effe

Long-Term Debt - (Schedule Effect of Derivative Instruments on the Company's Condensed Consolidated Statements of Earnings) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest expense
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Amount of gain (loss) reclassified from AOCE into income	$ (2)	$ (1)	$ (4)	$ (2)
Cash Flow Hedging | Interest rate derivative contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Amount of gain (loss) recognized in AOCE on derivatives	$ (3)	$ (1)	$ (12)	$ (3)

Commitments and Contingencies -

Commitments and Contingencies - (Narrative) (Details) $ in Millions	Apr. 29, 2015patent	May 28, 2013patent	Jun. 30, 2016USD ($)claim
Potential Tax Liability | Pending Litigation | Secretariat of the Federal Revenue Bureau of Brazil
Loss Contingencies [Line Items]
Loss contingency, number of claims pending | claim			7
Loss contingency, value of damages sought			$ 8
Loss contingency, number of potential new claims filed | claim			29
Loss contingency, potential additional claims amount ought			$ 72
Loss contingency, number of total pending and potential pending claims | claim			36
Potential Tax Liability | Pending Litigation | Secretariat of the Federal Revenue Bureau of Brazil | Maximum
Loss Contingencies [Line Items]
Loss contingency, estimate of possible loss			$ 80
DataTreasury Corporation v. Fidelity National Information Services, Inc. et. al
Loss Contingencies [Line Items]
Loss contingency, number of patents allegedly infringed upon | patent	2	2
SunGard
Loss Contingencies [Line Items]
Unrecognized tax benefits assumed			75
SunGard | Two Previously Divested Businesses
Loss Contingencies [Line Items]
Provisional liability			$ 112

Segment Information - (Summariz

Segment Information - (Summarized Financial Information and Narrative) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)country	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)segmentcountry	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Segment Information
Processing and services revenues	$ 2,305	$ 1,587	$ 4,486	$ 3,142
Operating expenses	2,022	1,300	4,019	2,640
Depreciation and amortization from continuing operations	144	105	283	208
Purchase accounting amortization	147	50	301	100
EBITDA	574	442	1,051	810
Acquisition deferred revenue adjustment	59		140
Acquisition, integration and severance costs	63	11	142	23
Global restructure				45
Adjusted EBITDA	696	453	1,333	878
Interest expense	93	36	186	73
Other income (expense) unallocated	(1)	152	(2)	150
Provision for income taxes	66	156	97	214
Net earnings from discontinued operations	1	(2)	1	(5)
Net earnings attributable to noncontrolling interest	3	5	7	9
Net earnings attributable to FIS common stockholders	121	240	176	351
Capital expenditures	149	119	295	221
Total assets	26,380	14,303	26,380	14,303
Goodwill	14,565	8,752	$ 14,565	8,752	$ 14,745
Segment Information (Textuals) [Abstract]
Number of reportable segments | segment			3
Capital lease obligations	1	1	$ 2	2
Amount related to discontinued operations that is excluded from total asset	4	1	4	1
Global Financial Solutions
Segment Information (Textuals) [Abstract]
Long-term assets, excluding goodwill and other intangible assets	$ 515	373	$ 515	373
Number of countries we operate in (more than) | country	130		130
Operating Segments | Integrated Financial Solutions
Segment Information
Processing and services revenues	$ 1,162	931	$ 2,283	1,859
Operating expenses	779	618	1,541	1,227
Depreciation and amortization from continuing operations	67	56	133	108
Purchase accounting amortization	0	0	1	0
EBITDA	450	369	876	740
Acquisition deferred revenue adjustment	0		0
Acquisition, integration and severance costs	0	0	0	0
Global restructure				0
Adjusted EBITDA	450	369	876	740
Capital expenditures	70	65	130	127
Total assets	10,189	8,703	10,189	8,703
Goodwill	7,670	6,627	7,670	6,627
Operating Segments | Global Financial Solutions
Segment Information
Processing and services revenues	1,048	555	2,038	1,067
Operating expenses	823	473	1,626	939
Depreciation and amortization from continuing operations	62	35	120	70
Purchase accounting amortization	0	0	6	0
EBITDA	287	117	538	198
Acquisition deferred revenue adjustment	0		0
Acquisition, integration and severance costs	0	0	0	0
Global restructure				0
Adjusted EBITDA	287	117	538	198
Capital expenditures	67	50	142	85
Total assets	9,136	3,658	9,136	3,658
Goodwill	6,440	1,963	6,440	1,963
Operating Segments | Corporate and Other
Segment Information
Processing and services revenues	95	101	165	216
Operating expenses	420	209	852	474
Depreciation and amortization from continuing operations	15	14	30	30
Purchase accounting amortization	147	50	294	100
EBITDA	(163)	(44)	(363)	(128)
Acquisition deferred revenue adjustment	59		140
Acquisition, integration and severance costs	63	11	142	23
Global restructure				45
Adjusted EBITDA	(41)	(33)	(81)	(60)
Capital expenditures	12	4	23	9
Total assets	7,055	1,942	7,055	1,942
Goodwill	$ 455	$ 162	$ 455	$ 162