Fidelity National Information Services (FIS) 10-Q 3 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
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, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		332,412,861

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 786	$ 683
Settlement deposits	433	520
Trade receivables, net of allowance for doubtful accounts of $39 and $41 as of June 30, 2017 and December 31, 2016, respectively	1,456	1,639
Settlement receivables	199	175
Other receivables	164	65
Prepaid expenses and other current assets	271	236
Deferred income taxes	0	101
Assets held for sale	753	863
Total current assets	4,062	4,282
Property and equipment, net	584	626
Goodwill	13,645	14,178
Intangible assets, net	4,250	4,664
Computer software, net	1,706	1,608
Deferred contract costs, net	329	310
Other noncurrent assets	394	363
Total assets	24,970	26,031
Current liabilities:
Accounts payable and accrued liabilities	969	1,146
Settlement payables	632	714
Deferred revenues	707	680
Current portion of long-term debt	297	332
Liabilities held for sale	124	279
Total current liabilities	2,729	3,151
Long-term debt, excluding current portion	9,415	10,146
Deferred income taxes	2,372	2,484
Deferred revenues	22	19
Other long-term liabilities	427	386
Total liabilities	14,965	16,186
FIS stockholders’ equity:
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of June 30, 2017 and December 31, 2016	0	0
Common stock, $0.01 par value, 600 shares authorized, 432 and 431 shares issued as of June 30, 2017 and December 31, 2016	4	4
Additional paid in capital	10,447	10,380
Retained earnings	3,377	3,299
Accumulated other comprehensive earnings (loss)	(385)	(331)
Treasury stock, 100 and 103 shares as of June 30, 2017 and December 31, 2016, respectively, at cost	(3,552)	(3,611)
Total FIS stockholders’ equity	9,891	9,741
Noncontrolling interest	114	104
Total equity	10,005	9,845
Total liabilities and equity	$ 24,970	$ 26,031

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Trade receivables, net of allowance for doubtful accounts of $39 and $41 as of June 30, 2017 and December 31, 2016, respectively	$ 39	$ 41
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)	432,000,000	431,000,000
Treasury stock, shares (in shares)	100,000,000	103,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Processing and services revenues	$ 2,341	$ 2,305	$ 4,596	$ 4,486
Cost of revenues	1,612	1,600	3,195	3,153
Gross profit	729	705	1,401	1,333
Selling, general, and administrative expenses	370	422	783	866
Operating income	359	283	618	467
Other income (expense):
Interest expense, net	(91)	(93)	(183)	(186)
Other income (expense), net	4	(1)	60	(2)
Total other income (expense), net	(87)	(94)	(123)	(188)
Earnings from continuing operations before income taxes	272	189	495	279
Provision for income taxes	132	66	211	97
Earnings from continuing operations, net of tax	140	123	284	182
Net earnings from discontinued operations	0	1	0	1
Net earnings	140	124	284	183
Net (earnings) loss attributable to noncontrolling interest	(8)	(3)	(14)	(7)
Net earnings attributable to FIS common stockholders	$ 132	$ 121	$ 270	$ 176
Net earnings per share — basic from continuing operations attributable to FIS common stockholders (in dollars per share)	$ 0.40	$ 0.37	$ 0.82	$ 0.54
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	0	0	0
Net earnings per share — basic attributable to FIS common stockholders (in dollars per share)	$ 0.40	$ 0.37	$ 0.82	$ 0.54
Weighted average shares outstanding — basic (in shares)	330	325	329	325
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders (in dollars per share)	$ 0.40	$ 0.36	$ 0.81	$ 0.53
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	0	0	0
Net earnings per share — diluted attributable to FIS common stockholders (in dollars per share)	$ 0.40	$ 0.37	$ 0.81	$ 0.54
Weighted average shares outstanding — diluted (in shares)	334	329	334	328
Cash dividends paid per share (in dollars per share)	$ 0.29	$ 0.26	$ 0.58	$ 0.52
Amounts attributable to FIS common stockholders:
Net earnings from continuing operations	$ 132	$ 120	$ 270	$ 175
Net earnings (loss) from discontinued operations	0	1	0	1
Net earnings attributable to FIS common stockholders	$ 132	$ 121	$ 270	$ 176

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net earnings	$ 140	$ 124	$ 284	$ 183
Other comprehensive earnings, before tax:
Unrealized gain (loss) on investments and derivatives	(33)	(3)	(33)	(9)
Reclassification adjustment for gains (losses) included in net earnings	0	2	0	4
Unrealized gain (loss) on investments and derivatives, net	(33)	(1)	(33)	(5)
Foreign currency translation adjustments	(62)	(3)	(26)	51
Minimum pension liability adjustment	(10)	0	(10)	0
Other comprehensive earnings (loss), before tax:	(105)	(4)	(69)	46
Provision for income tax expense (benefit) related to items of other comprehensive earnings	(13)	(2)	(13)	(6)
Other comprehensive earnings (loss), net of tax	(92)	(2)	(56)	52
Comprehensive (loss) earnings:	48	122	228	235
Net (earnings) loss attributable to noncontrolling interest	(8)	(3)	(14)	(7)
Other comprehensive (earnings) losses attributable to noncontrolling interest	5	(12)	2	(19)
Comprehensive earnings (loss) attributable to FIS common stockholders	$ 45	$ 107	$ 216	$ 209

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Equity (Unaudited) - 6 months ended Jun. 30, 2017 - 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, 2016		431				103
Beginning Balance at Dec. 31, 2016	$ 9,845	$ 4	$ 10,380	$ 3,299	$ (331)	$ (3,611)	$ 104
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock (in shares)		1
Issuance of restricted stock	0
Exercise of stock options (in shares)						3
Exercise of stock options	106		29			$ 77
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	(43)		(25)			$ (18)
Stock-based compensation	63		63
Cash dividends paid ($0.29 per share per quarter) and other distributions	(194)			(192)			(2)
Net earnings	284			270			14
Other comprehensive loss, net of tax	(56)				(54)		(2)
Ending Balance (in shares) at Jun. 30, 2017		432				100
Ending Balance at Jun. 30, 2017	$ 10,005	$ 4	$ 10,447	$ 3,377	$ (385)	$ (3,552)	$ 114

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Stockholders' Equity [Abstract]
Cash dividends paid per share (in dollars per share)	$ 0.29	$ 0.26	$ 0.58	$ 0.52

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net earnings	$ 284	$ 183
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	685	584
Amortization of debt issue costs	17	9
Gain on sale of business	(88)	0
Stock-based compensation	61	68
Deferred income taxes	(132)	(82)
Excess income tax benefit from exercise of stock options	0	(19)
Other operating activities	0	(2)
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade receivables	45	118
Settlement activity	(19)	2
Prepaid expenses and other assets	(52)	(54)
Deferred contract costs	(70)	(61)
Deferred revenue	9	132
Accounts payable, accrued liabilities, and other liabilities	(212)	(58)
Net cash provided by operating activities	528	820
Cash flows from investing activities:
Additions to property and equipment	(69)	(70)
Additions to computer software	(228)	(223)
Proceeds from sale of business	846	0
Other investing activities, net	(3)	(3)
Net cash provided by (used in) investing activities	546	(296)
Cash flows from financing activities:
Borrowings	3,698	2,727
Repayment of borrowings	(4,557)	(3,060)
Excess income tax benefit from exercise of stock options	0	19
Proceeds from exercise of stock options	109	68
Treasury stock activity	(43)	(26)
Dividends paid	(192)	(171)
Other financing activities, net	(5)	(18)
Net cash used in financing activities	(990)	(461)
Effect of foreign currency exchange rate changes on cash	19	20
Net increase in cash and cash equivalents	103	83
Cash and cash equivalents, beginning of period	683	682
Cash and cash equivalents, end of period	786	765
Supplemental cash flow information:
Cash paid for interest	195	183
Cash paid for income taxes	$ 452	$ 141

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2017
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, 2016 . 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 2016 Condensed Consolidated Financial Statements (Unaudited) to conform to the classifications used in 2017 . Amounts in tables in the financial statements and accompanying footnotes may not sum due to rounding. We report the results of our operations in three reporting segments: Integrated Financial Solutions (“IFS”), Global Financial Solutions (“GFS”) and Corporate and Other (Note 10).

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2017
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. In accordance with ASU 2015-16, "Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments", the financial statements were not retrospectively adjusted for any measurement-period adjustments that occurred in subsequent periods. Rather, any adjustments to provisional amounts that were identified during the measurement period are recorded in the reporting period in which the adjustment was determined. During the year ended December 31, 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 during the six months ended June 30, 2016 related to the changes in provisional values of intangible assets.

Condensed Consolidated Financia

Condensed Consolidated Financial Statement Details	6 Months Ended
	Jun. 30, 2017
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, 2017 and December 31, 2016 (in millions): June 30, 2017 December 31, 2016 Cost Accumulated Net Cost Accumulated Net Property and equipment $ 1,521 $ 937 $ 584 $ 1,488 $ 862 $ 626 Intangible assets $ 6,412 $ 2,162 $ 4,250 $ 6,547 $ 1,883 $ 4,664 Computer software $ 2,552 $ 846 $ 1,706 $ 2,376 $ 768 $ 1,608 The Company entered into capital lease obligations of $5 million and $1 million during the three months and $79 million and $2 million during the six months ended June 30, 2017 and 2016 , 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, 2017 . 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, 2017 are summarized as follows (in millions): Total Balance, December 31, 2016 $ 14,178 Goodwill distributed through sale of non-strategic assets (10 ) Goodwill relating to Capco included in assets held for sale (474 ) Foreign currency adjustments (49 ) Balance, June 30, 2017 $ 13,645 Foreign currency adjustments includes an immaterial prior period adjustment related to the allocation of goodwill to the appropriate foreign currency at the time of multi-currency entity acquisitions, with the related offset to accumulated other comprehensive earnings (loss). As of June 30, 2017, intangible assets, net of amortization, includes $4,152 million of customer relationships and $50 million of finite-lived trademarks, as well as $48 million of non-amortizable assets consisting mainly of indefinite-lived trademarks. Amortization expense for the quarter to these intangible assets was $166 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 represent 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, 2017
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt as of June 30, 2017 and December 31, 2016 , consisted of the following (in millions): June 30, 2017 December 31, 2016 2018 Term Loans (1) $ — $ 550 Senior Notes due June 2017, interest payable semi-annually at 1.450% — 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 August 2021, interest payable semi-annually at 2.250% 750 750 Senior Notes due March 2022, interest payable semi-annually at 5.000% — 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 Senior Notes due August 2026, interest payable semi-annually at 3.000% 1,250 1,250 Senior Notes due August 2046, interest payable semi-annually at 4.500% 500 500 Revolving Loan (2) 750 36 Other 12 (58 ) 9,712 10,478 Current portion (297 ) (332 ) Long-term debt, excluding current portion $ 9,415 $ 10,146 __________________________________________ (1) Interest on the 2018 Term Loans was generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings. The outstanding balance on the 2018 Term Loans was paid down as of June 30, 2017 . (2) 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, 2017 , the weighted average interest rate on the Revolving Loan, excluding fees, was 2.44% . FIS has a syndicated credit agreement (the "FIS Credit Agreement") that provides total committed capital of $3,000 million in the form of a revolving credit facility (the "Revolving Loan") maturing on August 10, 2021. As of June 30, 2017 , the outstanding principal balance of the Revolving Loan was $750 million , with $2,243 million of borrowing capacity remaining thereunder (net of $7 million in outstanding letters of credit issued under the Revolving Loan). The obligations of FIS under the FIS Credit Agreement and under all of its outstanding senior notes rank equal in priority and are unsecured. The FIS Credit Agreement and the senior notes remain subject to customary covenants, including, among others, limitations on the payment of dividends by FIS, and customary events of default. On July 10, 2017, FIS issued €1,000 million and £300 million principal amount of new senior notes in an inaugural European bond offering. The new senior notes include €500 million of Senior Notes due in 2021 (the “2021 Euro Notes”) that bear interest at 0.400% , £300 million of Senior Notes due in 2022 (the “2022 GBP Notes”) that bear interest at 1.700% and €500 million of Senior Notes due in 2024 (the “2024 Euro Notes”) that bear interest at 1.100% . Net proceeds from the offering, after deducting discounts and underwriting fees, were $1,491 million using a conversion rate of 1.12 EUR/USD and 1.27 GBP/USD. The new senior notes include covenants and events of default customary for similar debt obligations. On July 25, 2017, pursuant to cash tender offers ("Tender Offers"), FIS repurchased approximately $2,000 million in aggregate principal of debt securities with a weighted average coupon of approximately 4% . The following approximate amounts of FIS's debt securities were repurchased: $600 million of its 3.625% notes due 2020, $600 million of its 5.000% notes due 2025, $200 million of its 4.500% notes due 2022, $300 million of its 3.875% due 2024 and $300 million of its 3.500% notes due 2023. The Company funded the Tender Offers with proceeds from the European bond offering and borrowings on its Revolving Loan, approximately $469 million of which were almost immediately repaid with proceeds from the sale of Capco Consulting, which was completed on July 31, 2017 (see Note 9). FIS paid approximately $150 million in tender premiums to par to purchase the notes in the Tender Offers. During the third quarter of 2017, due to the issuance of the 2021 and 2024 Euro Notes and 2022 GBP Notes, FIS expects to record approximately $13 million of deferred financing costs, which will be amortized into interest expense over the life of the notes. Also, as a result of the Tender Offers above, FIS expects to incur a pre-tax charge upon extinguishment of approximately $161 million in tender premiums and the write-off of previously capitalized debt issue costs. The following summarizes the aggregate maturities of our debt and capital leases on stated contractual maturities, excluding unamortized non-cash bond premiums and discounts, net of $34 million , as of June 30, 2017 (in millions). Total 2017 $ 31 2018 1,040 2019 37 2020 1,752 2021 1,501 Thereafter 5,450 Total principal payments 9,811 Debt issuance costs, net of accumulated amortization (65 ) Total long-term debt $ 9,746 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 August 10, 2021. On March 15, 2017, FIS redeemed 100% of the outstanding aggregate principal amount of its $700 million 5.000% Senior Notes due March 2022 (the "Notes"). On February 1, 2017, the Company also paid down the outstanding balance on the 2018 Term Loans. The Notes and 2018 Term Loans were funded by borrowings under the Company’s Revolving Loan and cash proceeds from the sale of the Public Sector and Education ("PS&E") business. As a result of the redemption of the Notes and the pay down of the 2018 Term Loans, FIS incurred a pre-tax charge of approximately $25 million consisting of the call premium on the Notes and the write-off of previously capitalized debt issuance costs. FIS may redeem the April and October 2018 Notes, 2020 Notes, 2021 Notes, 2022 Notes, 2023 Notes, 2024 Notes, 2025 Notes, 2026 Notes, and 2046 Notes at its option in whole or in part, at any time and from time to time, at a redemption price equal to the greater of 100% of the principal amount to be redeemed and a make-whole amount calculated as described in the related indenture in each case plus accrued and unpaid interest to, but excluding, the date of redemption; provided no make-whole amount will be paid for redemptions of the 2020 Notes and the 2021 Notes during the one month prior to their maturity, the 2022 Notes during the two months prior to their maturity, the 2023 Notes, the 2024 Notes, the 2025 Notes, and the 2026 Notes during the three months prior to their maturity, and the 2046 Notes during the six months prior to their maturity. 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 $334 million higher than the carrying value as of June 30, 2017 . This estimate is based on quoted prices of our senior notes and trades of our other debt in close proximity to June 30, 2017 , 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.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments As of June 30, 2017 , we had no interest rate swap transactions and the Indian Rupee ("INR") forward contracts that managed our exposure to fluctuations in costs caused by variations in INR were all settled. Net Investment Hedges In June 2017, the Company entered into two Euro denominated foreign currency exchange forward contracts totaling €999 million and a GBP denominated foreign currency exchange forward contract of £298 million , which were designated as a net investment hedge of its investment in Euro and GBP denominated operations, respectively, which has a functional currency of the Euro and GBP, in order to reduce the volatility in the income statement caused by the changes in foreign currency exchange rates of the Euro and GBP with respect to the U.S. dollar. The change in fair value of the net investment hedges due to remeasurement of the effective portion is recorded in other comprehensive income (loss). The ineffective portion of these hedging instruments impacts net income when the ineffectiveness occurs. For the three months ended June 30, 2017, losses of $19 million , net of tax, respectively, were recognized in other comprehensive income and no ineffectiveness was recorded on the net investment hedges. In July 2017, the forward contracts above were terminated and the Company designated its Euro-denominated Senior Notes due 2021 ( €500 million ) and Senior Notes due 2024 ( €500 million ) and GBP-denominated Senior Notes due 2022 ( £300 million ) as a net investment hedge of its investment in Euro and GBP denominated operations, respectively.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
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 depart from customary litigation incidental to its business. 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. Reliance Trust Claims Reliance Trust Company, the Company’s subsidiary, is named as a defendant in a class action arising out of its provision of services as the discretionary trustee for a 401(k) Plan for one of its customers. Plaintiffs in the action seek damages and attorneys’ fees, as well as equitable relief, for alleged breaches of fiduciary duty and prohibited transactions under the Employee Retirement Income Security Act of 1974. The action also makes claims against the Plan's sponsor and recordkeeper. Reliance Trust Company is vigorously defending the action and believes that it has meritorious defenses. While we believe that the ultimate resolution of the matter will not have a material impact on our financial condition, we are unable at this time to make an estimate of potential losses arising from the action because the matter is at an early stage and involves unresolved questions of fact and law. 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 10 claims against Servicos asserting potential tax liabilities of approximately $14 million . There are potentially 25 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 $56 million making the total potential exposure for all 35 claims approximately $70 million . We do not believe a liability for these 35 total claims is probable or reasonably estimable and, therefore, have not recorded a liability for any of these claims. Acquired Contingencies (SunGard) The Company became responsible for certain contingencies which were assumed in the SunGard acquisition. The Condensed Consolidated Balance Sheet as of June 30, 2017 includes a liability of $100 million mostly related to unclaimed property examinations and tax compliance matters. Indemnifications and Warranties The Company generally indemnifies its clients, 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.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions 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, 2017 was $77 million . The carrying value of the noncontrolling interest as of June 30, 2017 was $108 million . The Company recorded revenues of $89 million and $65 million during the three months and $169 million and $120 million during the six months ended June 30, 2017 and 2016 , respectively, from Banco Bradesco. Revenues from Banco Bradesco included $7 million and $21 million of favorable currency impact during the three and six months ended June 30, 2017 , respectively, resulting from foreign currency exchange rate fluctuations between the U.S. Dollar and Brazilian Real. 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 2017 2016 Banco Bradesco Trade receivables $ 55 $ 45 Banco Bradesco Accounts payable and accrued liabilities 10 10 Banco Bradesco Other long-term liabilities 20 22

Net Earnings per Share

Net Earnings per Share	6 Months Ended
	Jun. 30, 2017
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, 2017 and 2016 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, 2017 and 2016 (in millions, except per share amounts): Three months ended Six months ended 2017 2016 2017 2016 Net earnings from continuing operations attributable to FIS $ 132 $ 120 $ 270 $ 175 Net earnings (loss) from discontinued operations attributable to FIS — 1 — 1 Net earnings attributable to FIS common stockholders $ 132 $ 121 $ 270 $ 176 Weighted average shares outstanding — basic 330 325 329 325 Plus: Common stock equivalent shares 4 4 5 3 Weighted average shares outstanding — diluted 334 329 334 328 Net earnings per share — basic from continuing operations attributable to FIS common stockholders $ 0.40 $ 0.37 $ 0.82 $ 0.54 Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders — — — — Net earnings per share — basic attributable to FIS common stockholders $ 0.40 $ 0.37 $ 0.82 $ 0.54 Net earnings per share — diluted from continuing operations attributable to FIS common stockholders $ 0.40 $ 0.36 $ 0.81 $ 0.53 Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders — — — — Net earnings per share — diluted attributable to FIS common stockholders $ 0.40 $ 0.37 $ 0.81 $ 0.54 Options to purchase approximately 4 million and 7 million shares of our common stock for the three months and 4 million and 7 million for the six months ended June 30, 2017 and 2016 , respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive. On July 20, 2017 our Board of Directors approved a plan authorizing repurchases of up to $4 billion of our outstanding common stock in the open market at prevailing market prices or in privately negotiated transactions through December 31, 2020. This share repurchase authorization replaced any existing share repurchase authorization.

Divestitures

Divestitures	6 Months Ended
	Jun. 30, 2017
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Divestitures	Divestitures On May 23, 2017, FIS and Clayton, Dubilier & Rice, by and through certain funds that it manages ("CDR"), entered into a definitive agreement by which FIS sold a majority ownership stake in the Capco consulting business and risk and compliance consulting business for cash proceeds of approximately $441 million , net of taxes and deal related expenses. CDR acquired preferred units convertible into 60% of the common units of the venture and FIS obtained common units representing the remaining 40% , in each case before equity is issued to management. The businesses sold are included within the GFS and IFS segments. The transaction closed on July 31, 2017 and any pre-tax gain/loss recognized in the third quarter of 2017 is expected to be less than $10 million The sale did not meet the standard necessary to be reported as discontinued operations; therefore, any pre-tax gain/loss and related prior period earnings remain reported within earnings from continuing operations. On February 1, 2017, the Company closed on the sale of the SunGard Public Sector and Education ("PS&E") business for $850 million , resulting in a pre-tax gain of $85 million . The transaction included all PS&E solutions, which provided a comprehensive set of technology solutions to address public safety and public administration needs of government entities as well as the needs of K-12 school districts. The divestiture is consistent with our strategy to serve the financial services markets. Cash proceeds were used to reduce outstanding debt (see Note 4). Net cash proceeds, after payment of taxes and transaction-related expenses, were approximately $500 million . The PS&E business was included in the Corporate and Other segment. The sale did not meet the standard necessary to be reported as discontinued operations; therefore, the pre-tax gain and related prior period earnings remain reported within earnings from continuing operations.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Information	Segment Information Integrated Financial Solutions ("IFS") The IFS segment is focused primarily on serving the North American regional and community bank and savings institution market for transaction and account processing, payment solutions, channel solutions, lending and wealth management solutions, corporate liquidity, digital channels, risk and compliance solutions, and services, capitalizing on the continuing trend to outsource these solutions. 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 and commercial lenders, 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 global financial institutions and/or international financial institutions with a broad array of capital markets and asset management and insurance solutions, as well as banking and payments solutions. 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. 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”, fully outsourced end-to-end solutions, and using consulting and third party service providers. We have long-established relationships with many of these financial institutions that generate significant recurring revenue. GFS clients also include asset managers, buy- and sell-side securities and trading firms, insurers and private equity firms. This segment also includes the Company's consolidated Brazilian Venture (Note 7). 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. The business solutions in this segment included the PS&E business through its divestiture on February 1, 2017 (Note 9), commercial services and check authorization. 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 impact on revenue for 2017 and 2016 of adjusting SunGard's deferred revenue to fair value. Adjusted EBITDA This measure is reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segments and assessing their performance. For this reason, Adjusted EBITDA, as it relates to our segments, is presented in conformity with Accounting Standards Codification Topic 280, "Segment Reporting". Adjusted EBITDA 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, 2017 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,181 $ 1,076 $ 84 $ 2,341 Operating expenses 792 812 378 1,982 Depreciation and amortization from continuing operations 80 67 16 163 Purchase accounting amortization — — 183 183 EBITDA 469 331 (95 ) 705 Acquisition deferred revenue adjustment — — 2 2 Acquisition, integration and severance costs — — 39 39 Adjusted EBITDA $ 469 $ 331 $ (54 ) 746 EBITDA $ 705 Interest expense 91 Depreciation and amortization from continuing operations 163 Purchase accounting amortization 183 Other income (expense) unallocated 4 Provision for income taxes 132 Net earnings attributable to noncontrolling interest 8 Net earnings attributable to FIS common stockholders $ 132 Capital expenditures (1) $ 81 $ 64 $ 2 $ 147 Total assets (2) $ 10,217 $ 9,172 $ 5,581 $ 24,970 Goodwill $ 7,662 $ 5,813 $ 170 $ 13,645 (1) Capital expenditures for the three months ended June 30, 2017 include $5 million of capital leases. As of and for the three months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,152 $ 1,048 $ 105 $ 2,305 Operating expenses 771 822 429 2,022 Depreciation and amortization from continuing operations 66 61 17 144 Purchase accounting amortization — — 147 147 EBITDA 447 287 (160 ) 574 Acquisition deferred revenue adjustment — — 59 59 Acquisition, integration and severance costs — — 63 63 Adjusted EBITDA $ 447 $ 287 $ (38 ) $ 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) $ 10,179 $ 9,136 $ 7,065 $ 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. For the six months ended June 30, 2017 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 2,310 $ 2,095 $ 191 $ 4,596 Operating expenses 1,555 1,613 810 3,978 Depreciation and amortization from continuing operations 156 132 32 320 Purchase accounting amortization — — 366 366 EBITDA 911 614 (221 ) 1,304 Acquisition deferred revenue adjustment — — 5 5 Acquisition, integration and severance costs — — 119 119 Adjusted EBITDA $ 911 $ 614 $ (97 ) 1,428 EBITDA $ 1,304 Interest expense 183 Depreciation and amortization from continuing operations 320 Purchase accounting amortization 366 Other income (expense) unallocated 60 Provision for income taxes 211 Net earnings attributable to noncontrolling interest 14 Net earnings attributable to FIS common stockholders $ 270 Capital expenditures (1) $ 207 $ 158 $ 11 $ 376 (1) Capital expenditures for the six months ended June 30, 2017 include $79 million of capital leases. For the six months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 2,264 $ 2,038 $ 184 $ 4,486 Operating expenses 1,525 1,626 868 4,019 Depreciation and amortization from continuing operations 131 120 32 283 Purchase accounting amortization 1 6 294 301 EBITDA 871 538 (358 ) 1,051 Acquisition deferred revenue adjustment — — 140 140 Acquisition, integration and severance costs — — 142 142 Adjusted EBITDA $ 871 $ 538 $ (76 ) $ 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. Clients in Brazil, the United Kingdom, Germany, Canada and India accounted for the majority of the revenues from clients based outside of the U.S. for all periods presented. Long-term assets, excluding goodwill and other intangible assets, located outside of the United States total $497 million and $515 million as of June 30, 2017 and 2016 , respectively. These assets are predominantly located in Brazil, India, Germany and the United Kingdom. During the three and six months ended June 30, 2017 the Company recorded certain costs relating to integration and severance activity primarily from the SunGard acquisition of $39 million and $119 million , respectively. During the three and six months ended June 30, 2016 the Company recorded transaction and other costs, including integration activity, related to SunGard and other recent acquisitions and other severance costs of $63 million and $142 million . These costs for the 2017 and 2016 periods were recorded in the Corporate and Other segment.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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, 2016 . 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 2016 Condensed Consolidated Financial Statements (Unaudited) to conform to the classifications used in 2017 . Amounts in tables in the financial statements and accompanying footnotes may not sum due to rounding. We report the results of our operations in three reporting segments: Integrated Financial Solutions (“IFS”), Global Financial Solutions (“GFS”) and Corporate and Other (Note 10).

Condensed Consolidated Financ20

Condensed Consolidated Financial Statement Details (Tables)	6 Months Ended
	Jun. 30, 2017
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, 2017 and December 31, 2016 (in millions): June 30, 2017 December 31, 2016 Cost Accumulated Net Cost Accumulated Net Property and equipment $ 1,521 $ 937 $ 584 $ 1,488 $ 862 $ 626 Intangible assets $ 6,412 $ 2,162 $ 4,250 $ 6,547 $ 1,883 $ 4,664 Computer software $ 2,552 $ 846 $ 1,706 $ 2,376 $ 768 $ 1,608
Schedule of Goodwill	Changes in goodwill during the six months ended June 30, 2017 are summarized as follows (in millions): Total Balance, December 31, 2016 $ 14,178 Goodwill distributed through sale of non-strategic assets (10 ) Goodwill relating to Capco included in assets held for sale (474 ) Foreign currency adjustments (49 ) Balance, June 30, 2017 $ 13,645

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Long-term debt	Long-term debt as of June 30, 2017 and December 31, 2016 , consisted of the following (in millions): June 30, 2017 December 31, 2016 2018 Term Loans (1) $ — $ 550 Senior Notes due June 2017, interest payable semi-annually at 1.450% — 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 August 2021, interest payable semi-annually at 2.250% 750 750 Senior Notes due March 2022, interest payable semi-annually at 5.000% — 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 Senior Notes due August 2026, interest payable semi-annually at 3.000% 1,250 1,250 Senior Notes due August 2046, interest payable semi-annually at 4.500% 500 500 Revolving Loan (2) 750 36 Other 12 (58 ) 9,712 10,478 Current portion (297 ) (332 ) Long-term debt, excluding current portion $ 9,415 $ 10,146 __________________________________________ (1) Interest on the 2018 Term Loans was generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings. The outstanding balance on the 2018 Term Loans was paid down as of June 30, 2017 . (2) 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, 2017 , the weighted average interest rate on the Revolving Loan, excluding fees, was 2.44% .
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, net of $34 million , as of June 30, 2017 (in millions). Total 2017 $ 31 2018 1,040 2019 37 2020 1,752 2021 1,501 Thereafter 5,450 Total principal payments 9,811 Debt issuance costs, net of accumulated amortization (65 ) Total long-term debt $ 9,746

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2017
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 2017 2016 Banco Bradesco Trade receivables $ 55 $ 45 Banco Bradesco Accounts payable and accrued liabilities 10 10 Banco Bradesco Other long-term liabilities 20 22

Net Earnings per Share (Tables)

Net Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2017
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, 2017 and 2016 (in millions, except per share amounts): Three months ended Six months ended 2017 2016 2017 2016 Net earnings from continuing operations attributable to FIS $ 132 $ 120 $ 270 $ 175 Net earnings (loss) from discontinued operations attributable to FIS — 1 — 1 Net earnings attributable to FIS common stockholders $ 132 $ 121 $ 270 $ 176 Weighted average shares outstanding — basic 330 325 329 325 Plus: Common stock equivalent shares 4 4 5 3 Weighted average shares outstanding — diluted 334 329 334 328 Net earnings per share — basic from continuing operations attributable to FIS common stockholders $ 0.40 $ 0.37 $ 0.82 $ 0.54 Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders — — — — Net earnings per share — basic attributable to FIS common stockholders $ 0.40 $ 0.37 $ 0.82 $ 0.54 Net earnings per share — diluted from continuing operations attributable to FIS common stockholders $ 0.40 $ 0.36 $ 0.81 $ 0.53 Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders — — — — Net earnings per share — diluted attributable to FIS common stockholders $ 0.40 $ 0.37 $ 0.81 $ 0.54

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2017
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, 2017 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,181 $ 1,076 $ 84 $ 2,341 Operating expenses 792 812 378 1,982 Depreciation and amortization from continuing operations 80 67 16 163 Purchase accounting amortization — — 183 183 EBITDA 469 331 (95 ) 705 Acquisition deferred revenue adjustment — — 2 2 Acquisition, integration and severance costs — — 39 39 Adjusted EBITDA $ 469 $ 331 $ (54 ) 746 EBITDA $ 705 Interest expense 91 Depreciation and amortization from continuing operations 163 Purchase accounting amortization 183 Other income (expense) unallocated 4 Provision for income taxes 132 Net earnings attributable to noncontrolling interest 8 Net earnings attributable to FIS common stockholders $ 132 Capital expenditures (1) $ 81 $ 64 $ 2 $ 147 Total assets (2) $ 10,217 $ 9,172 $ 5,581 $ 24,970 Goodwill $ 7,662 $ 5,813 $ 170 $ 13,645 (1) Capital expenditures for the three months ended June 30, 2017 include $5 million of capital leases. As of and for the three months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 1,152 $ 1,048 $ 105 $ 2,305 Operating expenses 771 822 429 2,022 Depreciation and amortization from continuing operations 66 61 17 144 Purchase accounting amortization — — 147 147 EBITDA 447 287 (160 ) 574 Acquisition deferred revenue adjustment — — 59 59 Acquisition, integration and severance costs — — 63 63 Adjusted EBITDA $ 447 $ 287 $ (38 ) $ 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) $ 10,179 $ 9,136 $ 7,065 $ 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. For the six months ended June 30, 2017 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 2,310 $ 2,095 $ 191 $ 4,596 Operating expenses 1,555 1,613 810 3,978 Depreciation and amortization from continuing operations 156 132 32 320 Purchase accounting amortization — — 366 366 EBITDA 911 614 (221 ) 1,304 Acquisition deferred revenue adjustment — — 5 5 Acquisition, integration and severance costs — — 119 119 Adjusted EBITDA $ 911 $ 614 $ (97 ) 1,428 EBITDA $ 1,304 Interest expense 183 Depreciation and amortization from continuing operations 320 Purchase accounting amortization 366 Other income (expense) unallocated 60 Provision for income taxes 211 Net earnings attributable to noncontrolling interest 14 Net earnings attributable to FIS common stockholders $ 270 Capital expenditures (1) $ 207 $ 158 $ 11 $ 376 (1) Capital expenditures for the six months ended June 30, 2017 include $79 million of capital leases. For the six months ended June 30, 2016 (in millions): IFS GFS Corporate and Other Total Processing and services revenues $ 2,264 $ 2,038 $ 184 $ 4,486 Operating expenses 1,525 1,626 868 4,019 Depreciation and amortization from continuing operations 131 120 32 283 Purchase accounting amortization 1 6 294 301 EBITDA 871 538 (358 ) 1,051 Acquisition deferred revenue adjustment — — 140 140 Acquisition, integration and severance costs — — 142 142 Adjusted EBITDA $ 871 $ 538 $ (76 ) $ 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.

Basis of Presentation - (Narrat

Basis of Presentation - (Narrative) (Details)	6 Months Ended
	Jun. 30, 2017segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	3

Acquisitions - (Narrative) (Det

Acquisitions - (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
SunGard
Business Acquisition [Line Items]
Increase (decrease) in income due to additional depreciation and amortization that would have been recognized in 2015	$ (6)

Condensed Consolidated Financ27

Condensed Consolidated Financial Statement Details - (Summary of Net Assets) (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Condensed Consolidated Financial Statement Details [Abstract]
Property and equipment, cost	$ 1,521	$ 1,488
Property and equipment, accumulated depreciation and amortization	937	862
Property and equipment, net	584	626
Intangible assets, cost	6,412	6,547
Intangible assets, accumulated depreciation and amortization	2,162	1,883
Intangible assets, net	4,250	4,664
Computer software, cost	2,552	2,376
Computer software, accumulated depreciation and amortization	846	768
Computer software, net	$ 1,706	$ 1,608

Condensed Consolidated Financ28

Condensed Consolidated Financial Statement Details - (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Line Items]
Capital lease obligations	$ 5	$ 1	$ 79	$ 2
Amortization expense of intangible assets	166
Customer Relationships
Property, Plant and Equipment [Line Items]
Finite-lived intangible assets, net	4,152		4,152
Trademarks
Property, Plant and Equipment [Line Items]
Finite-lived intangible assets, net	50		50
Trademarks
Property, Plant and Equipment [Line Items]
Indefinite-lived intangible assets	$ 48		$ 48

Condensed Consolidated Financ29

Condensed Consolidated Financial Statement Details - (Goodwill) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 14,178
Goodwill distributed through sale of non-strategic assets	(10)
Goodwill relating to Capco included in assets held for sale	(474)
Foreign currency adjustments	(49)
Ending balance	$ 13,645

Long-Term Debt - (Schedule of L

Long-Term Debt - (Schedule of Long-Term Debt) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Long-Term Debt
Other	$ 12	$ (58)
Total long-term debt	9,712	10,478
Current portion	(297)	(332)
Long-term debt, excluding current portion	9,415	10,146
2018 Term Loans
Long-Term Debt
Loans	0	550
Senior Notes due June 2017, interest payable semi-annually at 1.450%
Long-Term Debt
Senior notes	0	$ 300
Debt instrument, stated percentage		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%
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%
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%
Senior Notes due August 2021, interest payable semi-annually at 2.250%
Long-Term Debt
Senior notes	$ 750	750
Debt instrument, stated percentage	2.25%
Senior Notes due March 2022, interest payable semi-annually at 5.000%
Long-Term Debt
Senior notes	$ 0	$ 700
Debt instrument, stated percentage		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%
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%
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%
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%
Senior Notes due August 2026, interest payable semi-annually at 3.000%
Long-Term Debt
Senior notes	$ 1,250	1,250
Debt instrument, stated percentage	3.00%
Senior Notes due August 2046, interest payable semi-annually at 4.500%
Long-Term Debt
Senior notes	$ 500	500
Debt instrument, stated percentage	4.50%
Revolving Loan
Long-Term Debt
Loans	$ 750	$ 36
Unused commitment fee	0.25%
Weighted average interest rate	2.44%
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, 2017USD ($)
Principal maturities of long-term debt
2,017	$ 31
2,018	1,040
2,019	37
2,020	1,752
2,021	1,501
Thereafter	5,450
Total principal payments	9,811
Debt issuance costs, net of accumulated amortization	(65)
Total long-term debt	$ 9,746

Long-Term Debt - (Narrative) (D

Long-Term Debt - (Narrative) (Details)

Jul. 25, 2017USD ($)

Jul. 10, 2017USD ($)

Mar. 15, 2017USD ($)

Sep. 30, 2017USD ($)

Jun. 30, 2017USD ($)

Jul. 31, 2017GBP (£)

Jul. 31, 2017EUR (€)

Jul. 10, 2017GBP (£)

Jul. 10, 2017EUR (€)

Jul. 10, 2017£ / $

Jul. 10, 2017€ / $

Dec. 31, 2016

Debt Instrument [Line Items]

Unamortized discount (premium), net

$ 34,000,000

Fair value aggregate difference

$ 334,000,000

Senior Notes

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Revolving Loan

Debt Instrument [Line Items]

Credit facility outstanding amount

$ 750,000,000

Borrowing capacity remaining

$ 2,243,000,000

Weighted average interest rate

2.44%

Revolving Loan | Letter of Credit

Debt Instrument [Line Items]

Credit facility outstanding amount

$ 7,000,000

Revolving Loan | FIS Credit Agreements

Debt Instrument [Line Items]

Total committed capital, credit agreement

$ 3,000,000,000

Senior Notes due October 2020, interest payable semi-annually at 3.625%

Debt Instrument [Line Items]

Debt instrument, stated percentage

3.625%

Senior Notes due October 2022, interest payable semi-annually at 4.500%

Debt Instrument [Line Items]

Debt instrument, stated percentage

4.50%

Senior Notes due June 2024, interest payable semi-annually at 3.875%

Debt Instrument [Line Items]

Debt instrument, stated percentage

3.875%

Senior Notes due April 2023, interest payable semi-annually at 3.500%

Debt Instrument [Line Items]

Debt instrument, stated percentage

3.50%

Senior Notes due April 2018, interest payable semi-annually at 2.000%

Debt Instrument [Line Items]

Debt instrument, stated percentage

2.00%

Senior Notes due October 2018, interest payable semi-annually at 2.850%

Debt Instrument [Line Items]

Debt instrument, stated percentage

2.85%

Senior Notes due August 2021, interest payable semi-annually at 2.250%

Debt Instrument [Line Items]

Debt instrument, stated percentage

2.25%

Senior Notes due March 2022, interest payable semi-annually at 5.000%

Debt Instrument [Line Items]

Debt instrument, stated percentage

5.00%

Senior Notes due March 2022, interest payable semi-annually at 5.000% | Senior Notes

Debt Instrument [Line Items]

Debt instrument, stated percentage

5.00%

Amount redeemed

$ 700,000,000

Charge on extinguishment of debt

$ 25,000,000

Percentage of principal amount redeemed

100.00%

Senior Notes due October 2025, interest payable semi-annually at 5.000%

Debt Instrument [Line Items]

Debt instrument, stated percentage

5.00%

Senior Notes due August 2026, interest payable semi-annually at 3.000%

Debt Instrument [Line Items]

Debt instrument, stated percentage

3.00%

Senior Notes due August 2046, interest payable semi-annually at 4.500%

Debt Instrument [Line Items]

Debt instrument, stated percentage

4.50%

Minimum | Senior Notes due October 2020, interest payable semi-annually at 3.625%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

1 month

Minimum | Senior Notes due October 2022, interest payable semi-annually at 4.500%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

2 months

Minimum | Senior Notes due June 2024, interest payable semi-annually at 3.875%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

3 months

Minimum | Senior Notes due April 2023, interest payable semi-annually at 3.500%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

3 months

Minimum | Senior Notes due October 2018, interest payable semi-annually at 2.850%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Minimum | Senior Notes due August 2021, interest payable semi-annually at 2.250%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

1 month

Minimum | Senior Notes due March 2022, interest payable semi-annually at 5.000%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

2 months

Minimum | Senior Notes due October 2025, interest payable semi-annually at 5.000%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

3 months

Minimum | Senior Notes due August 2026, interest payable semi-annually at 3.000%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

3 months

Minimum | Senior Notes due August 2046, interest payable semi-annually at 4.500%

Debt Instrument [Line Items]

Percentage of redemption price

100.00%

Trigger price, period prior to maturity

6 months

Subsequent Event

Debt Instrument [Line Items]

Currency conversion rate

1.27

1.12

Subsequent Event | Senior Notes

Debt Instrument [Line Items]

Senior notes amount

£ 300,000,000

€ 1,000,000,000

Proceeds from issuance of senior debt

$ 1,491,000,000

Amount redeemed

$ 2,000,000,000

Weighted average interest rate

4.00%

Tender offer costs

$ 150,000,000

Subsequent Event | Revolving Loan | Senior Notes

Debt Instrument [Line Items]

Repayments of revolving loan

$ 469,000,000

Subsequent Event | Senior Notes, Euro Notes due 2021, interest payable at 0.400% | Senior Notes

Debt Instrument [Line Items]

Senior notes amount | €

€ 500,000,000

500,000,000

Debt instrument, stated percentage

0.40%

Subsequent Event | Senior Notes, GBP Notes due 2022, interest payable at 1.700%

Debt Instrument [Line Items]

Senior notes amount | £

£ 300,000,000

Subsequent Event | Senior Notes, GBP Notes due 2022, interest payable at 1.700% | Senior Notes

Debt Instrument [Line Items]

Senior notes amount | £

£ 300,000,000

Debt instrument, stated percentage

1.70%

Subsequent Event | Senior Notes, Euro Notes due 2024, interest payable at 1.100% | Senior Notes

Debt Instrument [Line Items]

Senior notes amount | €

€ 500,000,000

€ 500,000,000

Debt instrument, stated percentage

1.10%

Subsequent Event | Senior Notes due October 2020, interest payable semi-annually at 3.625% | Senior Notes

Debt Instrument [Line Items]

Debt instrument, stated percentage

3.625%

Amount redeemed

$ 600,000,000

Subsequent Event | Senior Notes due October 2025, interest payable semi-annually at %5.000 | Senior Notes

Debt Instrument [Line Items]

Debt instrument, stated percentage

5.00%

Amount redeemed

$ 600,000,000

Subsequent Event | Senior Notes due October 2022, interest payable semi-annually at 4.500% | Senior Notes

Debt Instrument [Line Items]

Debt instrument, stated percentage

4.50%

Amount redeemed

$ 200,000,000

Subsequent Event | Senior Notes due June 2024, interest payable semi-annually at 3.875% | Senior Notes

Debt Instrument [Line Items]

Debt instrument, stated percentage

3.875%

Amount redeemed

$ 300,000,000

Subsequent Event | Senior Notes due April 2023, interest payable semi-annually at 3.500% | Senior Notes

Debt Instrument [Line Items]

Debt instrument, stated percentage

3.50%

Amount redeemed

$ 300,000,000

Scenario, Forecast | Senior Notes

Debt Instrument [Line Items]

Charge on extinguishment of debt

$ 161,000,000

Scenario, Forecast | 2021 and 2024 Euro Notes and 2022 GBP Notes

Debt Instrument [Line Items]

Deferred financing costs, gross

$ 13,000,000

Financial Instruments - (Schedu

Financial Instruments - (Schedule of Effect of Derivative Instruments) (Details) $ in Millions	3 Months Ended
	Jun. 30, 2017USD ($)	Jul. 31, 2017GBP (£)	Jul. 31, 2017EUR (€)	Jul. 10, 2017GBP (£)	Jul. 10, 2017EUR (€)	Jun. 30, 2017GBP (£)hedge	Jun. 30, 2017EUR (€)hedge
Currency Forward Contract | Net Investment Hedging [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Number of instruments held | hedge						2	2
Notional amount						£ 298,000,000	€ 999,000,000
Amount of gain (loss) reclassified from AOCE into income | $	$ (19)
Subsequent Event | Senior Notes, GBP Notes due 2022, interest payable at 1.700%
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Face amount of loans | £		£ 300,000,000
Subsequent Event | Senior Notes
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Face amount of loans				£ 300,000,000	€ 1,000,000,000
Subsequent Event | Senior Notes | Senior Notes, Euro Notes due 2021, interest payable at 0.400%
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Face amount of loans | €			€ 500,000,000		500,000,000
Subsequent Event | Senior Notes | Senior Notes, Euro Notes due 2024, interest payable at 1.100%
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Face amount of loans | €			€ 500,000,000		€ 500,000,000
Subsequent Event | Senior Notes | Senior Notes, GBP Notes due 2022, interest payable at 1.700%
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Face amount of loans | £				£ 300,000,000

Commitments and Contingencies -

Commitments and Contingencies - (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)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	10
Loss contingency, value of damages sought	$ 14
Loss contingency, number of potential new claims filed | claim	25
Loss contingency, potential additional claims amount ought	$ 56
Loss contingency, number of total pending and potential pending claims | claim	35
Potential Tax Liability | Pending Litigation | Secretariat of the Federal Revenue Bureau of Brazil | Maximum
Loss Contingencies [Line Items]
Loss contingency, estimate of possible loss	$ 70
SunGard
Loss Contingencies [Line Items]
Business combination, contingent liability	$ 100

Related Party Transactions - (N

Related Party Transactions - (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Banco Bradesco
Related Party Transaction [Line Items]
Revenues from related parties	$ 89	$ 65	$ 169	$ 120
Banco Bradesco | Favorable (unfavorable) currency impact
Related Party Transaction [Line Items]
Revenues from related parties	7		$ 21
Corporate joint venture
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	77		$ 77
Noncontrolling interest in joint venture	$ 108		$ 108

Related Party Transactions - (R

Related Party Transactions - (Receivables and Payables) (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Accounts payable and accrued liabilities	$ 969	$ 1,146
Other long-term liabilities	427	386
Affiliated entity | Banco Bradesco
Related Party Transaction [Line Items]
Trade receivables	55	45
Accounts payable and accrued liabilities	10	10
Other long-term liabilities	$ 20	$ 22

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, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net earnings from continuing operations attributable to FIS	$ 132	$ 120	$ 270	$ 175
Net earnings (loss) from discontinued operations attributable to FIS	0	1	0	1
Net earnings attributable to FIS common stockholders	$ 132	$ 121	$ 270	$ 176
Weighted average shares outstanding — basic (in shares)	330	325	329	325
Plus: Common stock equivalent shares ( in shares)	4	4	5	3
Weighted average shares outstanding — diluted (in shares)	334	329	334	328
Net earnings per share — basic from continuing operations attributable to FIS common stockholders (in dollars per share)	$ 0.40	$ 0.37	$ 0.82	$ 0.54
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	0	0	0
Net earnings per share — basic attributable to FIS common stockholders (in dollars per share)	0.40	0.37	0.82	0.54
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders (in dollars per share)	0.40	0.36	0.81	0.53
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders (in dollars per share)	0	0	0	0
Net earnings per share — diluted attributable to FIS common stockholders (in dollars per share)	$ 0.40	$ 0.37	$ 0.81	$ 0.54

Net Earnings per Share - (Narra

Net Earnings per Share - (Narrative) (Details) - USD ($) shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jul. 20, 2017
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	4	7	4	7
Subsequent Event
Subsequent Event [Line Items]
Stock repurchase program authorized amount					$ 4,000,000,000

Divestitures - (Narrative) (Det

Divestitures - (Narrative) (Details) - USD ($) $ in Millions	Jul. 31, 2017	Feb. 01, 2017	Sep. 30, 2017	Jun. 30, 2017	Jun. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business				$ 846	$ 0
Disposal group, disposed of by sale, not discontinued operations | SunGard Public Sector and Education
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business		$ 500
Gain on assets sold		85
Consideration received		$ 850
Maximum | Scenario, Forecast | Disposal group, disposed of by sale, not discontinued operations | Capco Consulting Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on assets sold			$ 10
Subsequent Event | Disposal group, disposed of by sale, not discontinued operations | Capco Consulting Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business	$ 441
Ownership percentage by noncontrolling owners	60.00%
Capco Consulting Business | Subsequent Event
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership percentage	40.00%

Segment Information - (Summariz

Segment Information - (Summarized Financial Information and Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Segment Information
Processing and services revenues	$ 2,341	$ 2,305	$ 4,596	$ 4,486
Operating expenses	1,982	2,022	3,978	4,019
Depreciation and amortization from continuing operations	163	144	320	283
Purchase accounting amortization	183	147	366	301
EBITDA	705	574	1,304	1,051
Acquisition deferred revenue adjustment	2	59	5	140
Acquisition, integration and severance costs	39	63	119	142
Adjusted EBITDA	746	696	1,428	1,333
Interest expense	91	93	183	186
Other income (expense) unallocated	4	(1)	60	(2)
Provision for income taxes	132	66	211	97
Net earnings from discontinued operations	0	1	0	1
Net earnings attributable to noncontrolling interest	8	3	14	7
Net earnings attributable to FIS common stockholders	132	121	270	176
Capital expenditures	147	149	376	295
Total assets	24,970	26,380	24,970	26,380
Goodwill	13,645	14,565	13,645	14,565	$ 14,178
Segment Information (Textuals) [Abstract]
Capital lease obligations	5	1	79	2
Amount related to discontinued operations that is excluded from total asset		4		4
Integrated Financial Solutions
Segment Information
Processing and services revenues	1,181	1,152	2,310	2,264
Operating expenses	792	771	1,555	1,525
Depreciation and amortization from continuing operations	80	66	156	131
Purchase accounting amortization	0	0	0	1
EBITDA	469	447	911	871
Acquisition deferred revenue adjustment	0	0	0	0
Acquisition, integration and severance costs	0	0	0	0
Adjusted EBITDA	469	447	911	871
Capital expenditures	81	70	207	130
Total assets	10,217	10,179	10,217	10,179
Goodwill	7,662	7,670	7,662	7,670
Global Financial Solutions
Segment Information
Processing and services revenues	1,076	1,048	2,095	2,038
Operating expenses	812	822	1,613	1,626
Depreciation and amortization from continuing operations	67	61	132	120
Purchase accounting amortization	0	0	0	6
EBITDA	331	287	614	538
Acquisition deferred revenue adjustment	0	0	0	0
Acquisition, integration and severance costs	0	0	0	0
Adjusted EBITDA	331	287	614	538
Capital expenditures	64	67	158	142
Total assets	9,172	9,136	9,172	9,136
Goodwill	5,813	6,440	5,813	6,440
Corporate and Other
Segment Information
Processing and services revenues	84	105	191	184
Operating expenses	378	429	810	868
Depreciation and amortization from continuing operations	16	17	32	32
Purchase accounting amortization	183	147	366	294
EBITDA	(95)	(160)	(221)	(358)
Acquisition deferred revenue adjustment	2	59	5	140
Acquisition, integration and severance costs	39	63	119	142
Adjusted EBITDA	(54)	(38)	(97)	(76)
Capital expenditures	2	12	11	23
Total assets	5,581	7,065	5,581	7,065
Goodwill	$ 170	$ 455	$ 170	$ 455

Segment Information - (Narrativ

Segment Information - (Narrative) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)country	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)country	Jun. 30, 2016USD ($)
Segment Reporting Information [Line Items]
Acquisition, integration and severance costs	$ 39	$ 63	$ 119	$ 142
Global Financial Solutions
Segment Reporting Information [Line Items]
Number of countries we operate in (more than 130) | country	130		130
Acquisition, integration and severance costs	$ 0	0	$ 0	0
SunGard
Segment Reporting Information [Line Items]
Acquisition, integration and severance costs	39		119
Recent acquisitions
Segment Reporting Information [Line Items]
Acquisition, integration and severance costs		63		142
Geographic distribution, foreign
Segment Reporting Information [Line Items]
Long-term assets, excluding goodwill and other intangible assets	$ 497	$ 515	$ 497	$ 515