Fidelity National Information Services (FIS) 10-Q 4 Nov 21 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2021	Nov. 03, 2021
Document Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-16427
Entity Registrant Name	Fidelity National Information Services, Inc.
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	37-1490331
Entity Address, Street Name	601 Riverside Avenue
Entity Address, City	Jacksonville
Entity Address, State	FL
Entity Address, Postal Zip Code	32204
City Area Code	904
Local Phone Number	438-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		608,937,161
Entity Central Index Key	0001136893
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Common Stock, par value $0.01 per share
Document Information
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	FIS
Security Exchange Name	NYSE
1.700% Senior Notes due 2022
Document Information
Title of 12(b) Security	1.700% Senior Notes due 2022
Trading Symbol	FIS22B
Security Exchange Name	NYSE
0.125% Senior Notes due 2022
Document Information
Title of 12(b) Security	0.125% Senior Notes due 2022
Trading Symbol	FIS22C
Security Exchange Name	NYSE
0.750% Senior Notes due 2023
Document Information
Title of 12(b) Security	0.750% Senior Notes due 2023
Trading Symbol	FIS23A
Security Exchange Name	NYSE
1.100% Senior Notes due 2024
Document Information
Title of 12(b) Security	1.100% Senior Notes due 2024
Trading Symbol	FIS24A
Security Exchange Name	NYSE
0.625% Senior Notes due 2025
Document Information
Title of 12(b) Security	0.625% Senior Notes due 2025
Trading Symbol	FIS25B
Security Exchange Name	NYSE
1.500% Senior Notes due 2027
Document Information
Title of 12(b) Security	1.500% Senior Notes due 2027
Trading Symbol	FIS27
Security Exchange Name	NYSE
1.000% Senior Notes due 2028
Document Information
Title of 12(b) Security	1.000% Senior Notes due 2028
Trading Symbol	FIS28
Security Exchange Name	NYSE
2.250% Senior Notes due 2029
Document Information
Title of 12(b) Security	2.250% Senior Notes due 2029
Trading Symbol	FIS29
Security Exchange Name	NYSE
2.000% Senior Notes due 2030
Document Information
Title of 12(b) Security	2.000% Senior Notes due 2030
Trading Symbol	FIS30
Security Exchange Name	NYSE
3.360% Senior Notes due 2031
Document Information
Title of 12(b) Security	3.360% Senior Notes due 2031
Trading Symbol	FIS31
Security Exchange Name	NYSE
2.950% Senior Notes due 2039
Document Information
Title of 12(b) Security	2.950% Senior Notes due 2039
Trading Symbol	FIS39
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 1,390	$ 1,959
Settlement deposits and merchant float	3,572	3,252
Trade receivables, net of allowance for credit losses of $80 and $82, respectively	3,468	3,314
Settlement receivables	761	662
Other receivables	331	317
Prepaid expenses and other current assets	489	394
Total current assets	10,011	9,898
Property and equipment, net	846	887
Goodwill	52,796	53,268
Intangible assets, net	12,040	13,928
Software, net	3,141	3,370
Other noncurrent assets	1,921	1,574
Deferred contract costs, net	935	917
Total assets	81,690	83,842
Current liabilities:
Accounts payable, accrued and other liabilities	2,470	2,482
Settlement payables	5,342	4,934
Deferred revenue	868	881
Short-term borrowings	3,484	2,750
Current portion of long-term debt	463	1,314
Total current liabilities	12,627	12,361
Long-term debt, excluding current portion	15,833	15,951
Deferred income taxes	4,118	4,017
Other noncurrent liabilities	1,767	1,967
Deferred revenue	52	59
Total liabilities	34,397	34,355
Redeemable noncontrolling interest	176	174
FIS stockholders’ equity:
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding at September 30, 2021 and December 31, 2020	0	0
Common stock $0.01 par value, 750 shares authorized, 625 and 621 shares issued as of September 30, 2021 and December 31, 2020, respectively	6	6
Additional paid in capital	46,366	45,947
Retained earnings	2,840	3,440
Accumulated other comprehensive earnings (loss)	156	57
Treasury stock, $0.01 par value, 16 and 1 common shares as of September 30, 2021 and December 31, 2020, respectively, at cost	(2,263)	(150)
Total FIS stockholders’ equity	47,105	49,300
Noncontrolling interest	12	13
Total equity	47,117	49,313
Total liabilities, redeemable noncontrolling interest and equity	$ 81,690	$ 83,842

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Trade receivables, allowance for credit loss, current	$ 80	$ 82
FIS stockholders’ equity:
Preferred stock par value (USD 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 (USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	625,000,000	621,000,000
Treasury stock (in shares)	16,000,000	1,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Revenue	$ 3,507	$ 3,197	$ 10,205	$ 9,236
Cost of revenue	2,178	2,104	6,431	6,238
Gross profit	1,329	1,093	3,774	2,998
Selling, general, and administrative expenses	989	862	2,972	2,613
Asset impairments	202	0	202	0
Operating income	138	231	600	385
Other income (expense):
Interest expense, net	(46)	(84)	(169)	(252)
Other income (expense), net	110	(4)	(58)	31
Total other income (expense), net	64	(88)	(227)	(221)
Earnings before income taxes and equity method investment earnings (loss)	202	143	373	164
Provision (benefit) for income taxes	41	121	246	94
Equity method investment earnings (loss)	0	0	6	(9)
Net earnings	161	22	133	61
Net (earnings) loss attributable to noncontrolling interest	(3)	(2)	(7)	(7)
Net earnings attributable to FIS common stockholders	$ 158	$ 20	$ 126	$ 54
Net earnings per share-basic attributable to FIS common stockholders (in dollars per share)	$ 0.26	$ 0.03	$ 0.20	$ 0.09
Weighted average shares outstanding-basic (in shares)	613	620	618	618
Net earnings per share-diluted attributable to FIS common stockholders (in dollars per share)	$ 0.26	$ 0.03	$ 0.20	$ 0.09
Weighted average shares outstanding-diluted (in shares)	619	627	623	626

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net earnings	$ 161	$ 22	$ 133	$ 61
Other comprehensive earnings (loss), before tax:
Unrealized gain (loss) on derivatives	0	0	9	0
Foreign currency translation adjustments	(59)	78	256	(306)
Other adjustments	1	1	2	2
Other comprehensive earnings (loss), before tax	(58)	79	267	(304)
Provision for income tax (expense) benefit related to items of other comprehensive earnings	(35)	67	(168)	125
Other comprehensive earnings (loss), net of tax	(93)	146	99	(179)
Comprehensive earnings (loss)	68	168	232	(118)
Net (earnings) loss attributable to noncontrolling interest	(3)	(2)	(7)	(7)
Comprehensive earnings (loss) attributable to FIS common stockholders	$ 65	$ 166	$ 225	$ (125)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) shares in Millions, $ in Millions	Total	Common stock	Treasury stock	Additional paid in capital	Retained earnings	Accumulated other comprehensive earnings (loss)	Noncontrolling interest	[1]
Beginning balance (in shares) at Dec. 31, 2019		615	0
Beginning balance at Dec. 31, 2019	$ 49,456	$ 6	$ (52)	$ 45,358	$ 4,161	$ (33)	$ 16
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		2
Issuance of restricted stock			7	(7)
Exercise of stock options (in shares)		4
Exercise of stock options	$ 293			293
Treasury shares held for taxes due upon exercise of stock awards (in shares)	(1)
Treasury shares held for taxes due upon exercise of stock awards	$ (102)		$ (95)	(7)
Stock-based compensation	182			182
Cash dividends declared and other distributions	(658)				(653)		(5)
Other	(4)			2	(6)
Net earnings (loss)	57				54		3
Other comprehensive earnings (loss), net of tax	(179)					(179)
Ending balance (in shares) at Sep. 30, 2020		621	(1)
Ending balance at Sep. 30, 2020	49,045	$ 6	$ (140)	45,821	3,556	(212)	14
Beginning balance (in shares) at Jun. 30, 2020		619	(1)
Beginning balance at Jun. 30, 2020	49,057	$ 6	$ (94)	45,736	3,753	(358)	14
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		2
Exercise of stock options	35			35
Treasury shares held for taxes due upon exercise of stock awards	(53)		$ (46)	(7)
Stock-based compensation	57			57
Cash dividends declared and other distributions	(218)				(217)		(1)
Net earnings (loss)	21				20		1
Other comprehensive earnings (loss), net of tax	146					146
Ending balance (in shares) at Sep. 30, 2020		621	(1)
Ending balance at Sep. 30, 2020	$ 49,045	$ 6	$ (140)	45,821	3,556	(212)	14
Increase (Decrease) in Stockholders' Equity
Common Stock, Dividends, Per Share, Cash Paid	$ 0.35
Beginning balance (in shares) at Dec. 31, 2020		621	(1)
Beginning balance at Dec. 31, 2020	$ 49,313	$ 6	$ (150)	45,947	3,440	57	13
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		4
Issuance of restricted stock	1			1
Exercise of stock options	98			98
Purchase of treasury stock (in shares)			(15)
Purchases of treasury stock	(1,996)		$ (1,996)
Treasury shares held for taxes due upon exercise of stock awards	(117)		$ (117)
Stock-based compensation	320			320
Cash dividends declared and other distributions	(733)				(726)		(7)
Net earnings (loss)	132				126		6
Other comprehensive earnings (loss), net of tax	99					99
Ending balance (in shares) at Sep. 30, 2021		625	(16)
Ending balance at Sep. 30, 2021	47,117	$ 6	$ (2,263)	46,366	2,840	156	12
Beginning balance (in shares) at Jun. 30, 2021		625	(7)
Beginning balance at Jun. 30, 2021	48,404	$ 6	$ (1,058)	46,274	2,921	249	12
Increase (Decrease) in Stockholders' Equity
Exercise of stock options	12			12
Purchase of treasury stock (in shares)			(9)
Purchases of treasury stock	(1,196)		$ (1,196)
Treasury shares held for taxes due upon exercise of stock awards	(9)		$ (9)
Stock-based compensation	80			80
Cash dividends declared and other distributions	(242)				(239)		(3)
Net earnings (loss)	161				158		3
Other comprehensive earnings (loss), net of tax	(93)					(93)
Ending balance (in shares) at Sep. 30, 2021		625	(16)
Ending balance at Sep. 30, 2021	$ 47,117	$ 6	$ (2,263)	$ 46,366	$ 2,840	$ 156	$ 12
Increase (Decrease) in Stockholders' Equity
Common Stock, Dividends, Per Share, Cash Paid	$ 0.39
[1]	Excludes redeemable noncontrolling interest that is not considered equity.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020
Statement of Stockholders' Equity [Abstract]
Cash dividends paid per share (in dollars per share)	$ 0.39	$ 0.39	$ 0.39	$ 0.35	$ 0.35	$ 0.35

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net earnings	$ 133	$ 61
Adjustment to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	2,981	2,760
Amortization of debt issue costs	22	24
Asset impairments	202	0
Loss (gain) on sale of businesses, investments and other	(233)	3
Loss on extinguishment of debt	528	0
Stock-based compensation	320	182
Deferred income taxes	(35)	(24)
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade and other receivables	(229)	78
Settlement activity	575	594
Prepaid expenses and other assets	(350)	(169)
Deferred contract costs	(323)	(354)
Deferred revenue	(12)	(50)
Accounts payable, accrued liabilities and other liabilities	118	(81)
Net cash provided by operating activities	3,697	3,024
Cash flows from investing activities:
Additions to property and equipment	(193)	(186)
Additions to software	(684)	(652)
Acquisitions, net of cash acquired	0	(469)
Net proceeds from sale of businesses and investments	370	0
Other investing activities, net	(90)	92
Net cash provided by (used in) investing activities	(597)	(1,215)
Cash flows from financing activities:
Borrowings	40,569	37,125
Repayment of borrowings and other financing obligations	(40,644)	(37,646)
Debt issuance costs	(74)	0
Net proceeds from stock issued under stock-based compensation plans	87	302
Treasury stock activity	(2,113)	(102)
Dividends paid	(724)	(650)
Other financing activities, net	(138)	(222)
Net cash provided by (used in) financing activities	(3,037)	(1,193)
Effect of foreign currency exchange rate changes on cash	(57)	8
Net increase (decrease) in cash and cash equivalents	6	624
Cash and cash equivalents, beginning of period	4,030	3,211
Cash and cash equivalents, end of period	4,036	3,835
Supplemental cash flow information:
Cash paid for interest	370	305
Cash paid for income taxes	$ 272	$ 163

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2021
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, 2020. The preparation of these consolidated financial statements 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 consolidated financial statements and the reported amounts of revenue and expenses during the reported periods. The inputs into management's critical and significant accounting estimates consider the economic impact of the outbreak of the novel coronavirus ("COVID-19") and the subsequently declared COVID-19 pandemic ("the pandemic") by the World Health Organization on March 11, 2020. The extent to which the pandemic further affects our results of operations and financial position will depend on future developments, which are highly uncertain and are difficult to predict, including, but not limited to, the duration and spread of the pandemic and any recurrence or new strain of COVID-19, its severity, the success of vaccines or other actions to contain the virus or treat its impact, and how quickly and to what extent normal economic and operating conditions can resume. Accordingly, our future results could be materially affected by changes in our estimates. Certain reclassifications have been made in the 2020 consolidated financial statements to conform to the classifications used in 2021. Amounts in tables in the financial statements and accompanying footnotes may not sum or calculate due to rounding.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregation of Revenue In the following tables, revenue is disaggregated by primary geographical market and type of revenue. The tables also include a reconciliation of the disaggregated revenue with the Company's reportable segments. Prior-period amounts have been recast to conform to the new reportable segment presentation as discussed in Note 11. For the three months ended September 30, 2021 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 803 $ 1,369 $ 398 $ 50 $ 2,620 All others 358 241 256 32 887 Total $ 1,161 $ 1,610 $ 654 $ 82 $ 3,507 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,121 $ 1,200 $ 297 $ 77 $ 2,695 Software maintenance 1 90 128 — 219 Other recurring 22 47 23 3 95 Total recurring 1,144 1,337 448 80 3,009 Software license 5 28 91 — 124 Professional services — 151 115 1 267 Other non-recurring fees 12 94 — 1 107 Total $ 1,161 $ 1,610 $ 654 $ 82 $ 3,507 For the three months ended September 30, 2020 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 747 $ 1,281 $ 347 $ 70 $ 2,445 All others 270 207 240 35 752 Total $ 1,017 $ 1,488 $ 587 $ 105 $ 3,197 Type of Revenue: Recurring revenue: Transaction processing and services $ 996 $ 1,128 $ 272 $ 92 $ 2,488 Software maintenance 1 88 124 — 213 Other recurring 19 45 25 — 89 Total recurring 1,016 1,261 421 92 2,790 Software license — 15 58 6 79 Professional services — 152 108 2 262 Other non-recurring fees 1 60 — 5 66 Total $ 1,017 $ 1,488 $ 587 $ 105 $ 3,197 For the nine months ended September 30, 2021 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,323 $ 4,028 $ 1,137 $ 165 $ 7,653 All others 980 701 771 100 2,552 Total $ 3,303 $ 4,729 $ 1,908 $ 265 $ 10,205 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,217 $ 3,533 $ 877 $ 240 $ 7,867 Software maintenance 2 267 382 1 652 Other recurring 63 125 72 9 269 Total recurring 3,282 3,925 1,331 250 8,788 Software license 7 74 232 — 313 Professional services — 444 335 3 782 Other non-recurring fees 14 286 10 12 322 Total $ 3,303 $ 4,729 $ 1,908 $ 265 $ 10,205 For the nine months ended September 30, 2020 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,011 $ 3,790 $ 1,075 $ 210 $ 7,086 All others 753 604 702 91 2,150 Total $ 2,764 $ 4,394 $ 1,777 $ 301 $ 9,236 Type of Revenue: Recurring revenue: Transaction processing and services $ 2,697 $ 3,280 $ 821 $ 280 $ 7,078 Software maintenance 2 264 367 1 634 Other recurring 58 131 75 — 264 Total recurring 2,757 3,675 1,263 281 7,976 Software license 2 48 200 6 256 Professional services 1 441 313 4 759 Other non-recurring fees 4 230 1 10 245 Total $ 2,764 $ 4,394 $ 1,777 $ 301 $ 9,236 Contract Balances The Company recognized revenue of $106 million and $216 million during the three months and $614 million and $660 million during the nine months ended September 30, 2021 and 2020, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods. Transaction Price Allocated to the Remaining Performance Obligations As of September 30, 2021, approximately $22.0 billion of revenue is estimated to be recognized in the future primarily from the Banking Solutions and Capital Market Solutions segments' remaining unfulfilled performance obligations, which are primarily comprised of recurring account- and volume-based processing services. This excludes the amount of anticipated recurring renewals not yet contractually obligated. The Company expects to recognize approximately 30% of the Banking Solutions and Capital Market Solutions segments' remaining performance obligations over the next 12 months, approximately another 22% over the next 13 to 24 months, and the balance thereafter. As permitted by ASC 606, Revenue from Contracts with Customers , the Company has elected to exclude from this disclosure an estimate for the Merchant Solutions segment, which is primarily comprised of contracts with an original duration of one year or less or variable consideration that meet specific criteria. This segment's core performance obligations consist of variable consideration under a stand-ready series of distinct days of service, and revenue from the segment's products and service arrangements are generally billed and recognized as the services are performed. The aggregate fixed consideration portion of customer contracts with an initial contract duration greater than one year is not material.

Condensed Consolidated Financia

Condensed Consolidated Financial Statement Details	9 Months Ended
	Sep. 30, 2021
Condensed Consolidated Financial Statement Details [Abstract]
Condensed Consolidated Financial Statement Details	Condensed Consolidated Financial Statement Details Cash and Cash Equivalents The Company includes restricted cash in the Cash and cash equivalents balance reported in the consolidated statements of cash flows. The reconciliation between Cash and cash equivalents in the consolidated balance sheets and the beginning and ending balances shown in the consolidated statement of cash flows is as follows (in millions): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,390 $ 1,959 Merchant float restricted cash (in Settlement deposits and merchant float) 2,646 2,071 Total Cash and cash equivalents per the consolidated statement of cash flows $ 4,036 $ 4,030 Allowance for Credit Losses The Company monitors trade receivables and contract assets as well as other receivable balances and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events. The allowance for credit losses is separate from the chargeback liability described in Note 7. While the COVID-19 pandemic did not result in a significant increase in the Company's expected credit loss allowance recorded as of September 30, 2021, it is reasonably possible that future developments related to the economic impact of the COVID-19 pandemic could have a material impact on management's estimates. Property and Equipment, Intangible Assets and Computer Software The following table shows the Company's consolidated financial statement details as of September 30, 2021, and December 31, 2020 (in millions): September 30, 2021 December 31, 2020 Cost Accumulated Net Cost Accumulated Net Property and equipment $ 2,417 $ 1,571 $ 846 $ 2,292 $ 1,405 $ 887 Intangible assets $ 18,939 $ 6,899 $ 12,040 $ 19,141 $ 5,213 $ 13,928 Software $ 5,862 $ 2,721 $ 3,141 $ 5,535 $ 2,165 $ 3,370 As of September 30, 2021, intangible assets, net of amortization, includes $11,717 million of customer relationships and $323 million of trademarks and other intangible assets. Amortization expense with respect to these intangible assets was $595 million and $602 million for the three months and $1,789 million and $1,794 million for the nine months ended September 30, 2021 and 2020, respectively. During the three months ended September 30, 2021, the Company recorded $144 million of software asset impairments and $83 million of incremental software amortization expense driven by the Company's Platform initiatives. The Platform initiatives include sunsetting certain technology platforms, which results in shortened estimated useful lives and accelerated amortization methods primarily impacting the associated assets over approximately the next three years, beginning in the third quarter of 2021. See Business Trends and Conditions within Item 2 of this Quarterly Report for additional information on the Company's Platform initiatives. Goodwill Changes in goodwill during the nine months ended September 30, 2021, are summarized below (in millions). Capital Corporate Merchant Banking Market And Solutions Solutions Solutions Other Total Balance, December 31, 2020 $ 36,267 $ 12,279 $ 4,702 $ 20 $ 53,268 Foreign currency adjustments (413) (26) (33) — (472) Balance, September 30, 2021 $ 35,854 $ 12,253 $ 4,669 $ 20 $ 52,796 We assess goodwill for impairment on an annual basis during the fourth quarter or more frequently if circumstances indicate potential impairment. For 2020, we completed our annual assessment for the Banking Solutions and Capital Market Solutions reporting units with qualitative assessments and concluded that it remained more likely than not that the fair value of each reporting unit continued to exceed its carrying value. For Merchant Solutions, we completed our 2020 annual assessment with a quantitative assessment due to the economic impact of the COVID-19 pandemic on our Merchant Solutions business and its primary operations having been recently acquired as part of the Worldpay acquisition completed on July 31, 2019. As a result of the annual assessment, the fair value of the reporting unit was estimated to be in excess of carrying amount by approximately 4%. Due to the continued economic impact of the COVID-19 pandemic, we evaluated if events and circumstances as of September 30, 2021, indicated potential impairment of our reporting units. We performed a qualitative assessment by examining factors most likely to affect our reporting units' fair values and considered the impact to our business from the COVID-19 pandemic. The factors examined involve significant use of management judgment and included, among others, (1) forecast revenue, growth rates, operating margins, and capital expenditures used to calculate estimated future cash flows, (2) future economic and market conditions and (3) FIS' market capitalization. Based on our interim impairment assessment as of September 30, 2021, we concluded that it remained more likely than not that the fair value continues to exceed the carrying amount for each of our reporting units; therefore, goodwill was not impaired. However, it is reasonably possible that future developments related to the economic impact of the COVID-19 pandemic on our Merchant Solutions business, such as an extended duration of the pandemic and/or government-imposed shutdowns, prolonged economic downturn or recession, or lack of governmental support for recovery, could have a material impact on one or more of the estimates and assumptions used to evaluate goodwill impairment and could result in future goodwill impairment. Visa Europe and Contingent Value Rights As part of the Worldpay acquisition, the Company acquired certain assets and liabilities related to the June 2016 Worldpay Group plc (Legacy Worldpay) disposal of its ownership interest in Visa Europe to Visa Inc. As part of the disposal, Legacy Worldpay received proceeds from Visa Inc. in the form of cash and convertible preferred stock ("preferred stock"), the value of which may be reduced by losses incurred relating to ongoing interchange-related litigation involving Visa Europe. Also in connection with the disposal, and pursuant to the terms of an amendment executed on September 17, 2020, the Company will pay the former Legacy Worldpay owners 90% of the net-of-tax proceeds from the disposal, known as contingent value rights, which is recorded as a liability ("CVR liability") on the consolidated balance sheets. The Company has elected the fair value option under ASC 825, Financial Instruments , for measuring its preferred stock asset and CVR liability. The fair value of the preferred stock was $90 million and $70 million at September 30, 2021, and December 31, 2020, respectively, recorded in Other noncurrent assets on the consolidated balance sheets. The fair value of the CVR liability was $411 million and $401 million at September 30, 2021, and December 31, 2020, respectively, recorded in Other noncurrent liabilities on the consolidated balance sheets. The net change in fair value was $(3) million and $48 million for the three months and $12 million and $74 million for the nine months ended September 30, 2021 and 2020, respectively, recorded in Other income (expense), net on the consolidated statements of earnings (loss). Equity Security Investments

Deferred Contract Costs

Deferred Contract Costs	9 Months Ended
	Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Contract Costs	Deferred Contract Costs Origination and fulfillment costs from contracts with customers capitalized as of September 30, 2021, and December 31, 2020, consist of the following (in millions): September 30, 2021 December 31, 2020 Contract costs on implementations in progress $ 205 $ 245 Contract origination costs on completed implementations, net 534 470 Contract fulfillment costs on completed implementations, net 196 202 Total Deferred contract costs, net $ 935 $ 917 Amortization of deferred contract costs on completed implementations was $97 million and $56 million during the three months and $240 million and $162 million during the nine months ended September 30, 2021 and 2020, respectively.

Debt

Debt	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Debt	Debt Long-term debt as of September 30, 2021, and December 31, 2020, consists of the following (in millions): September 30, 2021 Weighted Average Interest Interest September 30, December 31, Rates Rate (1) Maturities 2021 2020 Fixed Rate Notes Senior USD Notes 0.4% - 4.8% 1.8% 2023 - 2048 $ 6,909 $ 4,938 Senior Euro Notes 0.1% - 3.0% 1.3% 2022 - 2039 7,822 8,891 Senior GBP Notes 1.7% - 3.4% 1.5% 2022 - 2031 1,649 2,526 Senior Euro Floating Rate Notes N/A 2021 — 613 Revolving Credit Facility (2) 1.3% 2026 41 251 Other (3) (125) 46 Total long-term debt, including current portion 16,296 17,265 Current portion of long-term debt (463) (1,314) Long-term debt, excluding current portion $ 15,833 $ 15,951 (1) The weighted average interest rate includes the impact of interest rate swaps (see Note 6). (2) Interest on the Revolving Credit Facility is generally payable at LIBOR plus an applicable margin of up to 1.625% plus an unused commitment fee of up to 0.225%, each based upon the Company's corporate credit ratings. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) Other includes financing obligations for certain hardware and software, the fair value of interest rate swaps (see Note 6), unamortized non-cash bond discounts and unamortized debt issuance costs. Short-term borrowings as of September 30, 2021, and December 31, 2020, consist of the following (in millions): September 30, 2021 Weighted Average Interest September 30, December 31, Rate Maturities 2021 2020 Euro-commercial paper notes ("ECP Notes") (0.5) % Up to 183 days $ 428 $ 861 U.S. commercial paper notes ("USCP Notes") 0.3 % Up to 397 days 3,040 1,745 Other 16 144 Total Short-term borrowings $ 3,484 $ 2,750 As of September 30, 2021, the weighted average interest rate of the Company's outstanding debt was 0.9%, including the impact of interest rate swaps (see Note 6). The following summarizes the aggregate maturities of our long-term debt, including other financing obligations for certain hardware and software, based on stated contractual maturities, excluding the fair value of the interest rate swaps (see Note 6) and net unamortized non-cash bond discounts of $(120) million as of September 30, 2021 (in millions): Total 2021 remaining period $ 16 2022 1,613 2023 2,218 2024 1,335 2025 730 Thereafter 10,612 Total principal payments 16,524 Debt issuance costs, net of accumulated amortization (108) Total long-term debt $ 16,416 There are no mandatory principal payments on the Revolving Credit Facility, and any balance outstanding on the Revolving Credit Facility will be due and payable at its scheduled maturity date, which occurs on March 2, 2026. Senior Notes On May 21, 2021, FIS redeemed an aggregate principal amount of €446 million in Senior Euro Floating Rate Notes on their due date, pursuant to the related indenture. In March 2021, pursuant to cash tender offers and make-whole redemptions, FIS purchased and redeemed an aggregate principal amount of $5.1 billion in Senior Notes, comprised of $3,529 million in Senior USD Notes, $600 million in Senior Euro Notes, $871 million in Senior GBP Notes, and $66 million in Senior Euro Floating Rate Notes, with interest rates ranging from 0.0% to 5.0% and maturities ranging from 2021 to 2029, resulting in a loss on extinguishment of debt of approximately $528 million, recorded in Other income (expense), net on the consolidated statement of earnings (loss), relating to tender premiums, make-whole amounts, and fees; the write-off of unamortized bond discounts and debt issuance costs; and losses on related derivative instruments. The Company funded the purchase and redemption of the Senior Notes with proceeds on borrowings from the issuance and sale of Senior USD Notes on March 2, 2021. On March 2, 2021, FIS completed the issuance and sale of Senior USD Notes with an aggregate principal amount of $5.5 billion with interest rates ranging from 0.4% to 3.1% and maturities ranging from 2023 to 2041 ("new Senior USD Notes"). The proceeds from the debt issuance were subsequently used to purchase and redeem the Senior Notes discussed above with the remainder used to repay a portion of our commercial paper notes. The new Senior USD Notes are subject to customary covenants, including, among others, customary events of default. The new Senior USD Notes also include redemption provisions at the option of FIS, similar to the other Senior Notes. Revolving Credit Facility On March 2, 2021, FIS entered into an amendment to the Restated Credit Agreement to amend certain covenant provisions, revise lender commitments for certain counterparties, and extend the scheduled maturity date to March 2, 2026. As of September 30, 2021, the borrowing capacity under the Revolving Credit Facility was $1,991 million (net of $3,468 million of capacity backstopping our commercial paper notes). Fair Value of Debt

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments Fair Value Hedges The Company holds interest rate swaps with aggregate notional amounts of $1,854 million, £925 million and €500 million at September 30, 2021, and $1,000 million and €500 million at December 31, 2020, converting the interest rate exposure on certain of the Company's Senior USD Notes, Senior GBP Notes and Senior Euro Notes, as applicable, from fixed to variable. These swaps are designated as fair value hedges for accounting purposes with a net liability fair value of $77 million reflected as a decrease in the long-term debt balance at September 30, 2021, and a net asset fair value of $10 million reflected as an increase in the long-term debt balance at December 31, 2020 (see Note 5). Net Investment Hedges The purpose of the Company's net investment hedges, as discussed below, is to reduce the volatility of FIS' net investment value in its Euro- and Pound Sterling-denominated operations due to changes in foreign currency exchange rates. The Company recorded net investment hedge aggregate gain (loss) for the change in fair value as Foreign currency translation adjustments and related income tax (expense) benefit within Other comprehensive earnings (loss), net of tax, on the consolidated statements of comprehensive earnings (loss) of $386 million and $(597) million during the three months and $678 million and $(263) million during the nine months ended September 30, 2021 and 2020, respectively. No ineffectiveness has been recorded on the net investment hedges. Foreign Currency-Denominated Debt Designations The Company designates certain foreign currency-denominated debt as net investment hedges of its investment in Euro- and Pound Sterling-denominated operations. As of September 30, 2021, and December 31, 2020, an aggregate €7,127 million and €7,466 million, respectively, wa s designated as a net investment hedge of the Company's investment in Euro-denominated operations related to Senior Euro Notes with maturities ranging from 2022 to 2039 and ECP Notes. As of December 31, 2020, an additional €1,000 million was designated as a net investment hedge of the Company's investment in Euro-denominated operations related to the Senior Euro Floating Rate Notes and Senior Euro Notes with a 2021 maturity. As of September 30, 2021, and December 31, 2020, an aggregate £1,193 million and £1,850 million, respectively, was designated as a net investment hedge of the Company's Pound Sterling-denominated operations related to the Senior GBP Notes with maturities ranging from 2022 to 2031. Cross-Currency Interest Rate Swap Designations The Company holds cross-currency interest rate swaps and designates them as net investment hedges of its investment in Euro- and Pound Sterling-denominated operations. As of September 30, 2021, and December 31, 2020, aggregate notional amounts of €5,906 million and €4,508 million, respectively, were designated as net investment hedges of the Company's investment in Euro-denominated operations, and aggregate notional amounts of £2,345 million and £565 million, respectively, were designated as net investment hedges of the Company's Pound Sterling-denominated operations. The cross-currency interest rate swap fair values were net assets of $120 million and net liabilities of $306 million at September 30, 2021, and December 31, 2020, respectively.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Reliance Trust Claims Reliance Trust Company ("Reliance"), the Company's subsidiary, is a defendant in a class action arising out of its provision of services as the discretionary trustee for a 401(k) Plan (the "Plan") for one of its customers. On behalf of the Plan participants, plaintiffs in the action, which was filed in December 2015, sought damages and attorneys' fees, as well as equitable relief, against Reliance and the Plan's sponsor and record-keeper for alleged breaches of fiduciary duty under the Employee Retirement Income Security Act of 1974 ("ERISA"). At a non-jury trial conducted in March 2020, Reliance vigorously defended the action and contended that no breaches of fiduciary duty or prohibited transactions occurred and that Plan participants suffered no damages. At trial, Plaintiffs claimed damages of approximately $127 million against all defendants. On October 12, 2020, Reliance and plaintiffs entered into a settlement agreement, which was subject to final court approval, to settle all allegations and claims asserted in the action for $39.8 million without equitable relief. On October 14, 2020, the Court preliminarily approved the settlement agreement. In the settlement agreement, Reliance admitted no wrongdoing or liability with respect to any of the allegations or claims and maintains that the Plan was managed, operated, and administered during its tenure as the Plan's discretionary trustee in full compliance with ERISA and applicable regulations. The Company recorded a liability for the agreed settlement amount of $39.8 million and a corresponding loss in Other income (expense), net on the consolidated statement of earnings (loss) during the quarter ended September 30, 2020. On March 8, 2021, the Court entered an order approving the settlement and entered a final judgment dismissing the action with prejudice. Reliance paid the full settlement amount in April 2021 and has met its monetary obligations under the settlement agreement. 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 14 claims against Servicos asserting potential tax liabilities of approximately $11 million. There are potentially 24 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 $31 million, making the total potential exposure for all 38 claims approximately $42 million. We do not believe a liability for these 38 total claims is probable and, therefore, have not recorded a liability for any of these claims. Tax Receivable Agreement The Company assumed in the Worldpay acquisition a Tax Receivable Agreement ("TRA") under which the Company agreed to make payments to Fifth Third Bank ("Fifth Third") of 85% of the federal, state, local and foreign income tax benefits realized by the Company as a result of certain tax deductions. In December 2019, the Company entered into a Tax Receivable Purchase Addendum (the "Amendment") that provides written call and put options (collectively "the options") to terminate certain estimated obligations under the TRA in exchange for fixed cash payments. The remaining TRA obligations not subject to the Amendment are based on the cash savings realized by the Company by comparing the actual income tax liability of the Company to the amount of such taxes the Company would have been required to pay had there been no deductions related to the tax attributes. Under the TRA, in certain specified circumstances, such as certain changes of control, the Company may be required to make payments in excess of such cash savings. Obligations recorded in our consolidated financial statements pursuant to the TRA are based on estimates of future deductions and future tax rates and, in the case of the obligations subject to the Amendment, reflect management's expectation that the options will be exercised. The timing and/or amount of aggregate payments due under the TRA may vary based on a number of factors, including the exercise of options, the amount and timing of taxable income the Company generates in the future and the tax rate then applicable, the use of loss carryforwards and amortizable basis. Each reporting period, the Company evaluates the assumptions underlying the TRA obligations. The consolidated balance sheets as of September 30, 2021, and December 31, 2020, include a total liability of $448 million and $532 million, respectively, relating to the TRA. Chargeback Liability Through services offered in our Merchant Solutions segment, the Company is exposed to potential losses from merchant-related chargebacks. A chargeback occurs when a dispute between a cardholder and a merchant, including a claim for non-delivery of the product or service by the merchant, is not resolved in favor of the merchant and the transaction is charged back to the merchant resulting in a refund of the purchase price to the cardholder. If the Company is unable to collect this chargeback amount from the merchant due to closure, bankruptcy or other reasons, the Company bears the loss for the refund paid to the cardholder. The risk of chargebacks is typically greater for those merchants that promise future delivery of goods and services rather than delivering goods or rendering services at the time of payment. The economic impact of the COVID-19 pandemic has not resulted in material chargeback losses as of September 30, 2021; however, it is reasonably possible that the Company has incurred or may incur significant losses related to future chargebacks. Due to the unprecedented nature of the pandemic and the numerous current and future uncertainties that may impact any potential chargeback losses, and considering that the Company has no historical experience with similar uncertainties, a reasonable estimate of the possible accrual for future chargeback losses or range of losses cannot be made. 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, in which case it 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.

Stock Compensation Plans

Stock Compensation Plans	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Stock Compensation Plans	Stock Compensation PlansOn January 1, 2021, the Company established a Qualified Retirement Equity Program that modified our existing stock compensation plans. The modification implemented a new retirement policy that permits retirees that meet certain eligibility criteria to continue vesting in unvested equity awards in accordance with the terms of the respective grant agreements, resulting in accelerated stock compensation expense for those employees meeting the definition of retirement eligible. During the quarter ended March 31, 2021, the Company recorded $104 million in accelerated stock compensation expense included in Selling, general, and administrative expenses in the consolidated statement of earnings to reflect the impact of the modification on unvested equity awards outstanding at January 1, 2021.

Related-Party Transactions

Related-Party Transactions	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions The Company held a noncontrolling ownership stake in Cardinal Holdings ("Cardinal"), which operated the Capco consulting business, through April 29, 2021, when we sold our ownership stake due to an acquisition transaction of the Capco consulting business by Wipro Ltd. As a result of the transaction, we received net cash proceeds of approximately $367 million and recorded an approximate $225 million gain in Other income (expense), net on the consolidated statement of earnings. FIS' ownership stake in Cardinal was 36% at the date of sale and December 31, 2020. Prior to the sale, the Company recorded the ownership stake in Cardinal as an equity method investment included within Other noncurrent assets on the consolidated balance sheet. The carrying value of this equity method investment was $137 million at December 31, 2020. FIS provides ongoing management consulting services and other services to Cardinal. FIS also purchases services and software licenses from Cardinal from time to time. Cardinal was a related party through April 29, 2021. Amounts transacted through these agreements were not significant to the 2021 and 2020 periods presented when Cardinal was a related party.

Net Earnings per Share

Net Earnings per Share	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Net Earnings per Share	Net Earnings per ShareThe basic weighted average shares and common stock equivalents for the three and nine months ended September 30, 2021 and 2020, were computed using the treasury stock method. The following table summarizes net earnings and net earnings per share attributable to FIS common stockholders for the three and nine months ended September 30, 2021 and 2020 (in millions, except per share amounts): Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Net earnings attributable to FIS common stockholders $ 158 $ 20 $ 126 $ 54 Weighted average shares outstanding-basic 613 620 618 618 Plus: Common stock equivalent shares 6 7 5 8 Weighted average shares outstanding-diluted 619 627 623 626 Net earnings per share-basic attributable to FIS common stockholders $ 0.26 $ 0.03 $ 0.20 $ 0.09 Net earnings per share-diluted attributable to FIS common stockholders $ 0.26 $ 0.03 $ 0.20 $ 0.09 Options to purchase approximately 1 million and less than 1 million shares of our common stock for the three months and 1 million and 2 million for the nine months ended September 30, 2021 and 2020, respectively were not included in the computation of diluted earnings per share because they were anti-dilutive.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Segment Information	Segment Information FIS reports its financial performance based on the following segments: Merchant Solutions, Banking Solutions, Capital Market Solutions and Corporate and Other. The Company regularly assesses its portfolio of assets and reclassified certain non-strategic businesses from the Merchant Solutions, Banking Solutions, and Capital Market Solutions segments into the Corporate and Other segment during the year ended December 31, 2020, and recast all prior-period segment information presented. Below is a summary of each segment. Merchant Solutions ("Merchant") The Merchant segment is focused on serving merchants of all sizes globally, enabling them to accept electronic payments, including card-based payments, contactless card and mobile wallet, originated at a physical point of sale, as well as card-not-present payments in eCommerce and mobile environments. Merchant services include all aspects of payment processing, including authorization and settlement, customer service, chargeback and retrieval processing, electronic payment transaction reporting and network fee and interchange management. Merchant also includes value-added services, such as security and fraud prevention solutions, advanced data analytics and information management solutions, foreign currency management and numerous funding options. Merchant serves clients in over 140 countries. Our Merchant clients are highly-diversified, including global enterprises, national retailers and small- to medium-sized businesses. The Merchant segment utilizes broad and varied distribution channels, including direct sales forces and multiple referral partner relationships that provide us with a growing and diverse client base. Banking Solutions ("Banking") The Banking segment is focused on serving all sizes of financial institutions with core processing software, transaction processing software and complementary applications and services, many of which interact directly with the core processing applications. We sell these solutions and services on either a bundled or stand-alone basis. Clients in this segment include global financial institutions, U.S. regional and community banks, credit unions and commercial lenders, as well as government institutions and other commercial organizations. Banking serves clients in more than 100 countries. We provide our clients integrated solutions characterized by multi-year processing contracts that generate highly recurring revenue. The predictable nature of cash flows generated from the Banking segment provides opportunities for further investments in innovation, integration, information and security, and compliance in a cost-effective manner. Capital Market Solutions ("Capital Markets") The Capital Markets segment is focused on serving global financial services clients with a broad array of buy- and sell-side solutions. Clients in this segment operate in more than 100 countries and include asset managers, buy- and sell-side securities brokerage and trading firms, insurers, private equity firms, and other commercial organizations. Our buy- and sell-side solutions include a variety of mission-critical applications for recordkeeping, data and analytics, trading, financing and risk management. Capital Markets 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 procuring fully outsourced end-to-end solutions. Our long-established relationships with many of these financial and commercial institutions generate significant recurring revenue. We have made, and continue to make, investments in modern platforms; advanced technologies, such as cloud delivery, open APIs, machine learning and artificial intelligence; and regulatory technology to support our Capital Markets clients. 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 that we plan to wind down or sell. The overhead and leveraged costs relate to corporate marketing, corporate finance and accounting, human resources, legal, and amortization of acquisition-related intangibles and other costs, such as acquisition and integration expenses, that are not considered when management evaluates revenue-generating segment performance. The Company recorded acquisition and integration costs primarily related to the Worldpay acquisition as well as certain other costs, including costs associated with the Company's Platform initiatives totaling $64 million for the three and nine months ended September 30, 2021. The Company also recorded $202 million of asset impairments for certain software and deferred contract cost assets and $102 million of incremental amortization expense associated with shortened estimated useful lives and accelerated amortization methods for certain software and deferred contract cost assets driven by the Company's Platform initiatives for the three and nine months ended September 30, 2021. See Business Trends and Conditions within Item 2 of this Quarterly Report for additional information on the Company's Platform initiatives. The Company also recorded costs related to data center consolidation activities totaling $4 million and $20 million for the three months ended and $32 million and $60 million for the nine months ended September 30, 2021 and 2020, respectively. In addition, the Company recorded incremental costs directly related to COVID-19 of $14 million and $41 million for the three months ended and $33 million and $56 million for the nine months ended September 30, 2021 and 2020, respectively. For the nine months ended September 30, 2021, the Company also recorded $104 million in accelerated stock compensation expense to reflect the impact of establishing a Qualified Retirement Equity Program that modified unvested equity awards outstanding at January 1, 2021 (see Note 8). Adjusted EBITDA Adjusted EBITDA is a measure of segment profit or loss that 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 FASB ASC Topic 280, Segment Reporting . Adjusted EBITDA is defined as net earnings (loss) before net interest expense, net other income (expense), income tax provision (benefit), equity method investment earnings (loss), and depreciation and amortization, and excludes certain costs and other transactions that management deems non-operational in nature. The non-operational items affecting the segment profit measure generally include the amortization of purchase accounting adjustments as well as acquisition, integration and certain other costs and asset impairments. Adjusted EBITDA also excludes incremental and direct costs resulting from the COVID-19 pandemic. 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. The Company does not evaluate performance or allocate resources based on segment asset data; therefore, such information is not presented. For the three months ended September 30, 2021 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,161 $ 1,610 $ 654 $ 82 $ 3,507 Operating expenses (647) (1,012) (419) (1,291) (3,369) Depreciation and amortization (including purchase accounting amortization) 86 144 81 747 1,058 Acquisition, integration and other costs — — — 187 187 Asset impairments — — — 202 202 Adjusted EBITDA $ 600 $ 742 $ 316 $ (73) $ 1,585 Adjusted EBITDA $ 1,585 Depreciation and amortization (344) Purchase accounting amortization (714) Acquisition, integration and other costs (187) Asset impairments (202) Interest expense, net (46) Other income (expense), net 110 (Provision) benefit for income taxes (41) Net earnings attributable to noncontrolling interest (3) Net earnings attributable to FIS common stockholders $ 158 Capital expenditures $ 74 $ 94 $ 47 $ 50 $ 265 For the three months ended September 30, 2020 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,017 $ 1,488 $ 587 $ 105 $ 3,197 Operating expenses (604) (968) (392) (1,002) (2,966) Depreciation and amortization (including purchase accounting amortization) 74 129 70 658 931 Acquisition, integration and other costs — — — 195 195 Adjusted EBITDA $ 487 $ 649 $ 265 $ (44) $ 1,357 Adjusted EBITDA $ 1,357 Depreciation and amortization (238) Purchase accounting amortization (693) Acquisition, integration and other costs (195) Interest expense, net (84) Other income (expense), net (4) (Provision) benefit for income taxes (121) Net earnings attributable to noncontrolling interest (2) Net earnings attributable to FIS common stockholders $ 20 Capital expenditures (1) $ 92 $ 130 $ 60 $ 11 $ 293 (1) Capital expenditures for the three months ended September 30, 2020, include $21 million in other financing obligations for certain hardware and software. For the nine months ended September 30, 2021 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 3,303 $ 4,729 $ 1,908 $ 265 $ 10,205 Operating expenses (1,927) (3,041) (1,259) (3,378) (9,605) Depreciation and amortization (including purchase accounting amortization) 263 441 248 2,029 2,981 Acquisition, integration and other costs — — — 629 629 Asset impairments — — — 202 202 Adjusted EBITDA $ 1,639 $ 2,129 $ 897 $ (253) $ 4,412 Adjusted EBITDA $ 4,412 Depreciation and amortization (918) Purchase accounting amortization (2,063) Acquisition, integration and other costs (629) Asset impairments (202) Interest expense (169) Other income (expense), net (58) (Provision) benefit for income taxes (246) Equity method investment earnings (loss) 6 Net earnings attributable to noncontrolling interest (7) Net earnings (loss) attributable to FIS common stockholders $ 126 Capital expenditures $ 270 $ 301 $ 157 $ 149 $ 877 For the nine months ended September 30, 2020 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 2,764 $ 4,394 $ 1,777 $ 301 $ 9,236 Operating expenses (1,747) (2,908) (1,176) (3,020) (8,851) Depreciation and amortization (including purchase accounting amortization) 224 382 200 1,954 2,760 Acquisition, integration and other costs — — — 616 616 Adjusted EBITDA $ 1,241 $ 1,868 $ 801 $ (149) $ 3,761 Adjusted EBITDA $ 3,761 Depreciation and amortization (705) Purchase accounting amortization (2,055) Acquisition, integration and other costs (616) Interest expense, net (252) Other income (expense), net 31 (Provision) benefit for income taxes (94) Equity method investment earnings (loss) (9) Net earnings attributable to noncontrolling interest (7) Net earnings attributable to FIS common stockholders $ 54 Capital expenditures (1) $ 272 $ 384 $ 164 $ 39 $ 859 (1) Capital expenditures for the nine months ended September 30, 2020, include $21 million in other financing obligations for certain hardware and software.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2021
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, 2020. The preparation of these consolidated financial statements 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 consolidated financial statements and the reported amounts of revenue and expenses during the reported periods. The inputs into management's critical and significant accounting estimates consider the economic impact of the outbreak of the novel coronavirus ("COVID-19") and the subsequently declared COVID-19 pandemic ("the pandemic") by the World Health Organization on March 11, 2020. The extent to which the pandemic further affects our results of operations and financial position will depend on future developments, which are highly uncertain and are difficult to predict, including, but not limited to, the duration and spread of the pandemic and any recurrence or new strain of COVID-19, its severity, the success of vaccines or other actions to contain the virus or treat its impact, and how quickly and to what extent normal economic and operating conditions can resume. Accordingly, our future results could be materially affected by changes in our estimates.
Segments	FIS reports its financial performance based on the following segments: Merchant Solutions, Banking Solutions, Capital Market Solutions, and Corporate and Other. The Company regularly assesses its portfolio of assets and reclassified certain non-strategic businesses from the Merchant Solutions, Banking Solutions, and Capital Market Solutions segments into the Corporate and Other segment during the year ended December 31, 2020, and recast all prior-period segment information presented.
Allowance for Credit Losses	The Company monitors trade receivables and contract assets as well as other receivable balances and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events. The allowance for credit losses is separate from the chargeback liability described in Note 7.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	For the three months ended September 30, 2021 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 803 $ 1,369 $ 398 $ 50 $ 2,620 All others 358 241 256 32 887 Total $ 1,161 $ 1,610 $ 654 $ 82 $ 3,507 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,121 $ 1,200 $ 297 $ 77 $ 2,695 Software maintenance 1 90 128 — 219 Other recurring 22 47 23 3 95 Total recurring 1,144 1,337 448 80 3,009 Software license 5 28 91 — 124 Professional services — 151 115 1 267 Other non-recurring fees 12 94 — 1 107 Total $ 1,161 $ 1,610 $ 654 $ 82 $ 3,507 For the three months ended September 30, 2020 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 747 $ 1,281 $ 347 $ 70 $ 2,445 All others 270 207 240 35 752 Total $ 1,017 $ 1,488 $ 587 $ 105 $ 3,197 Type of Revenue: Recurring revenue: Transaction processing and services $ 996 $ 1,128 $ 272 $ 92 $ 2,488 Software maintenance 1 88 124 — 213 Other recurring 19 45 25 — 89 Total recurring 1,016 1,261 421 92 2,790 Software license — 15 58 6 79 Professional services — 152 108 2 262 Other non-recurring fees 1 60 — 5 66 Total $ 1,017 $ 1,488 $ 587 $ 105 $ 3,197 For the nine months ended September 30, 2021 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,323 $ 4,028 $ 1,137 $ 165 $ 7,653 All others 980 701 771 100 2,552 Total $ 3,303 $ 4,729 $ 1,908 $ 265 $ 10,205 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,217 $ 3,533 $ 877 $ 240 $ 7,867 Software maintenance 2 267 382 1 652 Other recurring 63 125 72 9 269 Total recurring 3,282 3,925 1,331 250 8,788 Software license 7 74 232 — 313 Professional services — 444 335 3 782 Other non-recurring fees 14 286 10 12 322 Total $ 3,303 $ 4,729 $ 1,908 $ 265 $ 10,205 For the nine months ended September 30, 2020 (in millions): Reportable Segments Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,011 $ 3,790 $ 1,075 $ 210 $ 7,086 All others 753 604 702 91 2,150 Total $ 2,764 $ 4,394 $ 1,777 $ 301 $ 9,236 Type of Revenue: Recurring revenue: Transaction processing and services $ 2,697 $ 3,280 $ 821 $ 280 $ 7,078 Software maintenance 2 264 367 1 634 Other recurring 58 131 75 — 264 Total recurring 2,757 3,675 1,263 281 7,976 Software license 2 48 200 6 256 Professional services 1 441 313 4 759 Other non-recurring fees 4 230 1 10 245 Total $ 2,764 $ 4,394 $ 1,777 $ 301 $ 9,236

Condensed Consolidated Financ_2

Condensed Consolidated Financial Statement Details (Tables)	9 Months Ended
	Sep. 30, 2021
Condensed Consolidated Financial Statement Details [Abstract]
Schedule of Restricted Cash and Cash Equivalents	The reconciliation between Cash and cash equivalents in the consolidated balance sheets and the beginning and ending balances shown in the consolidated statement of cash flows is as follows (in millions): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,390 $ 1,959 Merchant float restricted cash (in Settlement deposits and merchant float) 2,646 2,071 Total Cash and cash equivalents per the consolidated statement of cash flows $ 4,036 $ 4,030
Schedule of Cash and Cash Equivalents	The reconciliation between Cash and cash equivalents in the consolidated balance sheets and the beginning and ending balances shown in the consolidated statement of cash flows is as follows (in millions): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,390 $ 1,959 Merchant float restricted cash (in Settlement deposits and merchant float) 2,646 2,071 Total Cash and cash equivalents per the consolidated statement of cash flows $ 4,036 $ 4,030
Schedule of Condensed Consolidated Financial Statement Details	The following table shows the Company's consolidated financial statement details as of September 30, 2021, and December 31, 2020 (in millions): September 30, 2021 December 31, 2020 Cost Accumulated Net Cost Accumulated Net Property and equipment $ 2,417 $ 1,571 $ 846 $ 2,292 $ 1,405 $ 887 Intangible assets $ 18,939 $ 6,899 $ 12,040 $ 19,141 $ 5,213 $ 13,928 Software $ 5,862 $ 2,721 $ 3,141 $ 5,535 $ 2,165 $ 3,370
Schedule of Goodwill	Changes in goodwill during the nine months ended September 30, 2021, are summarized below (in millions). Capital Corporate Merchant Banking Market And Solutions Solutions Solutions Other Total Balance, December 31, 2020 $ 36,267 $ 12,279 $ 4,702 $ 20 $ 53,268 Foreign currency adjustments (413) (26) (33) — (472) Balance, September 30, 2021 $ 35,854 $ 12,253 $ 4,669 $ 20 $ 52,796

Deferred Contract Costs (Tables

Deferred Contract Costs (Tables)	9 Months Ended
	Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Deferred Contract Cost	Origination and fulfillment costs from contracts with customers capitalized as of September 30, 2021, and December 31, 2020, consist of the following (in millions): September 30, 2021 December 31, 2020 Contract costs on implementations in progress $ 205 $ 245 Contract origination costs on completed implementations, net 534 470 Contract fulfillment costs on completed implementations, net 196 202 Total Deferred contract costs, net $ 935 $ 917

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt as of September 30, 2021, and December 31, 2020, consists of the following (in millions): September 30, 2021 Weighted Average Interest Interest September 30, December 31, Rates Rate (1) Maturities 2021 2020 Fixed Rate Notes Senior USD Notes 0.4% - 4.8% 1.8% 2023 - 2048 $ 6,909 $ 4,938 Senior Euro Notes 0.1% - 3.0% 1.3% 2022 - 2039 7,822 8,891 Senior GBP Notes 1.7% - 3.4% 1.5% 2022 - 2031 1,649 2,526 Senior Euro Floating Rate Notes N/A 2021 — 613 Revolving Credit Facility (2) 1.3% 2026 41 251 Other (3) (125) 46 Total long-term debt, including current portion 16,296 17,265 Current portion of long-term debt (463) (1,314) Long-term debt, excluding current portion $ 15,833 $ 15,951 (1) The weighted average interest rate includes the impact of interest rate swaps (see Note 6). (2) Interest on the Revolving Credit Facility is generally payable at LIBOR plus an applicable margin of up to 1.625% plus an unused commitment fee of up to 0.225%, each based upon the Company's corporate credit ratings. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) Other includes financing obligations for certain hardware and software, the fair value of interest rate swaps (see Note 6), unamortized non-cash bond discounts and unamortized debt issuance costs.
Schedule of Short-Term Debt	Short-term borrowings as of September 30, 2021, and December 31, 2020, consist of the following (in millions): September 30, 2021 Weighted Average Interest September 30, December 31, Rate Maturities 2021 2020 Euro-commercial paper notes ("ECP Notes") (0.5) % Up to 183 days $ 428 $ 861 U.S. commercial paper notes ("USCP Notes") 0.3 % Up to 397 days 3,040 1,745 Other 16 144 Total Short-term borrowings $ 3,484 $ 2,750
Schedule of Principal Maturities of Long-Term Debt	The following summarizes the aggregate maturities of our long-term debt, including other financing obligations for certain hardware and software, based on stated contractual maturities, excluding the fair value of the interest rate swaps (see Note 6) and net unamortized non-cash bond discounts of $(120) million as of September 30, 2021 (in millions): Total 2021 remaining period $ 16 2022 1,613 2023 2,218 2024 1,335 2025 730 Thereafter 10,612 Total principal payments 16,524 Debt issuance costs, net of accumulated amortization (108) Total long-term debt $ 16,416

Net Earnings per Share (Tables)

Net Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Attributable to FIS Common Stockholders	The following table summarizes net earnings and net earnings per share attributable to FIS common stockholders for the three and nine months ended September 30, 2021 and 2020 (in millions, except per share amounts): Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Net earnings attributable to FIS common stockholders $ 158 $ 20 $ 126 $ 54 Weighted average shares outstanding-basic 613 620 618 618 Plus: Common stock equivalent shares 6 7 5 8 Weighted average shares outstanding-diluted 619 627 623 626 Net earnings per share-basic attributable to FIS common stockholders $ 0.26 $ 0.03 $ 0.20 $ 0.09 Net earnings per share-diluted attributable to FIS common stockholders $ 0.26 $ 0.03 $ 0.20 $ 0.09

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Schedule of Segment Information	Summarized financial information for the Company's segments is shown in the following tables. The Company does not evaluate performance or allocate resources based on segment asset data; therefore, such information is not presented. For the three months ended September 30, 2021 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,161 $ 1,610 $ 654 $ 82 $ 3,507 Operating expenses (647) (1,012) (419) (1,291) (3,369) Depreciation and amortization (including purchase accounting amortization) 86 144 81 747 1,058 Acquisition, integration and other costs — — — 187 187 Asset impairments — — — 202 202 Adjusted EBITDA $ 600 $ 742 $ 316 $ (73) $ 1,585 Adjusted EBITDA $ 1,585 Depreciation and amortization (344) Purchase accounting amortization (714) Acquisition, integration and other costs (187) Asset impairments (202) Interest expense, net (46) Other income (expense), net 110 (Provision) benefit for income taxes (41) Net earnings attributable to noncontrolling interest (3) Net earnings attributable to FIS common stockholders $ 158 Capital expenditures $ 74 $ 94 $ 47 $ 50 $ 265 For the three months ended September 30, 2020 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,017 $ 1,488 $ 587 $ 105 $ 3,197 Operating expenses (604) (968) (392) (1,002) (2,966) Depreciation and amortization (including purchase accounting amortization) 74 129 70 658 931 Acquisition, integration and other costs — — — 195 195 Adjusted EBITDA $ 487 $ 649 $ 265 $ (44) $ 1,357 Adjusted EBITDA $ 1,357 Depreciation and amortization (238) Purchase accounting amortization (693) Acquisition, integration and other costs (195) Interest expense, net (84) Other income (expense), net (4) (Provision) benefit for income taxes (121) Net earnings attributable to noncontrolling interest (2) Net earnings attributable to FIS common stockholders $ 20 Capital expenditures (1) $ 92 $ 130 $ 60 $ 11 $ 293 (1) Capital expenditures for the three months ended September 30, 2020, include $21 million in other financing obligations for certain hardware and software. For the nine months ended September 30, 2021 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 3,303 $ 4,729 $ 1,908 $ 265 $ 10,205 Operating expenses (1,927) (3,041) (1,259) (3,378) (9,605) Depreciation and amortization (including purchase accounting amortization) 263 441 248 2,029 2,981 Acquisition, integration and other costs — — — 629 629 Asset impairments — — — 202 202 Adjusted EBITDA $ 1,639 $ 2,129 $ 897 $ (253) $ 4,412 Adjusted EBITDA $ 4,412 Depreciation and amortization (918) Purchase accounting amortization (2,063) Acquisition, integration and other costs (629) Asset impairments (202) Interest expense (169) Other income (expense), net (58) (Provision) benefit for income taxes (246) Equity method investment earnings (loss) 6 Net earnings attributable to noncontrolling interest (7) Net earnings (loss) attributable to FIS common stockholders $ 126 Capital expenditures $ 270 $ 301 $ 157 $ 149 $ 877 For the nine months ended September 30, 2020 (in millions): Capital Merchant Banking Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 2,764 $ 4,394 $ 1,777 $ 301 $ 9,236 Operating expenses (1,747) (2,908) (1,176) (3,020) (8,851) Depreciation and amortization (including purchase accounting amortization) 224 382 200 1,954 2,760 Acquisition, integration and other costs — — — 616 616 Adjusted EBITDA $ 1,241 $ 1,868 $ 801 $ (149) $ 3,761 Adjusted EBITDA $ 3,761 Depreciation and amortization (705) Purchase accounting amortization (2,055) Acquisition, integration and other costs (616) Interest expense, net (252) Other income (expense), net 31 (Provision) benefit for income taxes (94) Equity method investment earnings (loss) (9) Net earnings attributable to noncontrolling interest (7) Net earnings attributable to FIS common stockholders $ 54 Capital expenditures (1) $ 272 $ 384 $ 164 $ 39 $ 859 (1) Capital expenditures for the nine months ended September 30, 2020, include $21 million in other financing obligations for certain hardware and software.

Revenue - Disaggregate Revenue

Revenue - Disaggregate Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue
Revenue	$ 3,507	$ 3,197	$ 10,205	$ 9,236
Recurring
Disaggregation of Revenue
Revenue	3,009	2,790	8,788	7,976
Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	2,695	2,488	7,867	7,078
Software maintenance | Recurring
Disaggregation of Revenue
Revenue	219	213	652	634
Other recurring | Recurring
Disaggregation of Revenue
Revenue	95	89	269	264
Software license | Non-recurring
Disaggregation of Revenue
Revenue	124	79	313	256
Professional services | Non-recurring
Disaggregation of Revenue
Revenue	267	262	782	759
Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	107	66	322	245
North America
Disaggregation of Revenue
Revenue	2,620	2,445	7,653	7,086
All others
Disaggregation of Revenue
Revenue	887	752	2,552	2,150
Corporate and Other
Disaggregation of Revenue
Revenue	82	105	265	301
Corporate and Other | Recurring
Disaggregation of Revenue
Revenue	80	92	250	281
Corporate and Other | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	77	92	240	280
Corporate and Other | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	0	0	1	1
Corporate and Other | Other recurring | Recurring
Disaggregation of Revenue
Revenue	3	0	9	0
Corporate and Other | Software license | Non-recurring
Disaggregation of Revenue
Revenue	0	6	0	6
Corporate and Other | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	1	2	3	4
Corporate and Other | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	1	5	12	10
Corporate and Other | North America
Disaggregation of Revenue
Revenue	50	70	165	210
Corporate and Other | All others
Disaggregation of Revenue
Revenue	32	35	100	91
Operating segments | Merchant Solutions
Disaggregation of Revenue
Revenue	1,161	1,017	3,303	2,764
Operating segments | Merchant Solutions | Recurring
Disaggregation of Revenue
Revenue	1,144	1,016	3,282	2,757
Operating segments | Merchant Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	1,121	996	3,217	2,697
Operating segments | Merchant Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	1	1	2	2
Operating segments | Merchant Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	22	19	63	58
Operating segments | Merchant Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	5	0	7	2
Operating segments | Merchant Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	0	0	0	1
Operating segments | Merchant Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	12	1	14	4
Operating segments | Merchant Solutions | North America
Disaggregation of Revenue
Revenue	803	747	2,323	2,011
Operating segments | Merchant Solutions | All others
Disaggregation of Revenue
Revenue	358	270	980	753
Operating segments | Banking Solutions
Disaggregation of Revenue
Revenue	1,610	1,488	4,729	4,394
Operating segments | Banking Solutions | Recurring
Disaggregation of Revenue
Revenue	1,337	1,261	3,925	3,675
Operating segments | Banking Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	1,200	1,128	3,533	3,280
Operating segments | Banking Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	90	88	267	264
Operating segments | Banking Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	47	45	125	131
Operating segments | Banking Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	28	15	74	48
Operating segments | Banking Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	151	152	444	441
Operating segments | Banking Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	94	60	286	230
Operating segments | Banking Solutions | North America
Disaggregation of Revenue
Revenue	1,369	1,281	4,028	3,790
Operating segments | Banking Solutions | All others
Disaggregation of Revenue
Revenue	241	207	701	604
Operating segments | Capital Market Solutions
Disaggregation of Revenue
Revenue	654	587	1,908	1,777
Operating segments | Capital Market Solutions | Recurring
Disaggregation of Revenue
Revenue	448	421	1,331	1,263
Operating segments | Capital Market Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	297	272	877	821
Operating segments | Capital Market Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	128	124	382	367
Operating segments | Capital Market Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	23	25	72	75
Operating segments | Capital Market Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	91	58	232	200
Operating segments | Capital Market Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	115	108	335	313
Operating segments | Capital Market Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	0	0	10	1
Operating segments | Capital Market Solutions | North America
Disaggregation of Revenue
Revenue	398	347	1,137	1,075
Operating segments | Capital Market Solutions | All others
Disaggregation of Revenue
Revenue	$ 256	$ 240	$ 771	$ 702

Revenue - (Narrative) (Details)

Revenue - (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue from contract liability	$ 106	$ 216	$ 614	$ 660
Remaining revenue recognition	$ 22,000		$ 22,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Remaining performance obligation, percentage	30.00%		30.00%
Performance obligations expected to be satisfied, expected timing	12 months		12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Remaining performance obligation, percentage	22.00%		22.00%
Performance obligations expected to be satisfied, expected timing	13 months		13 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Performance obligations expected to be satisfied, expected timing	24 months		24 months

Condensed Consolidated Financ_3

Condensed Consolidated Financial Statement Details - Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2019
Condensed Consolidated Financial Statement Details [Abstract]
Cash and cash equivalents on the consolidated balance sheets	$ 1,390	$ 1,959
Merchant float restricted cash (in Settlement deposits and merchant float)	2,646	2,071
Total Cash and cash equivalents per the consolidated statement of cash flows	$ 4,036	$ 4,030	$ 3,835	$ 3,211

Condensed Consolidated Financ_4

Condensed Consolidated Financial Statement Details - Summary of Net Assets (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Condensed Consolidated Financial Statement Details [Abstract]
Property and equipment, cost	$ 2,417	$ 2,292
Property and equipment, accumulated depreciation and amortization	1,571	1,405
Property and equipment, net	846	887
Intangible assets, cost	18,939	19,141
Intangible assets, accumulated depreciation and amortization	6,899	5,213
Intangible assets, net	12,040	13,928
Software, cost	5,862	5,535
Software, accumulated depreciation and amortization	2,721	2,165
Software, net	$ 3,141	$ 3,370

Condensed Consolidated Financ_5

Condensed Consolidated Financial Statement Details - Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Platform Initiatives
Finite-Lived Intangible Assets [Line Items]
Software asset impairment	$ 144
Software amortization expense	83
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	11,717		$ 11,717
Amortization expense of intangible assets	595		1,789	$ 1,794
Trademarks and Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 323		$ 323
Amortization expense of intangible assets		$ 602

Condensed Consolidated Financ_6

Condensed Consolidated Financial Statement Details - Goodwill (Details) $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Goodwill
Beginning balance	$ 53,268
Foreign currency adjustments	(472)
Ending balance	52,796
Corporate And Other
Goodwill
Beginning balance	20
Foreign currency adjustments	0
Ending balance	20
Operating segments | Merchant Solutions
Goodwill
Beginning balance	36,267
Foreign currency adjustments	(413)
Ending balance	35,854
Operating segments | Banking Solutions
Goodwill
Beginning balance	12,279
Foreign currency adjustments	(26)
Ending balance	12,253
Operating segments | Capital Market Solutions
Goodwill
Beginning balance	4,702
Foreign currency adjustments	(33)
Ending balance	$ 4,669

Condensed Consolidated Financ_7

Condensed Consolidated Financial Statement Details - Goodwill - Narrative (Details)	Dec. 31, 2020
Merchant Solutions
Goodwill [Line Items]
Reporting unit, percentage of fair value in excess of carrying amount	4.00%

Condensed Consolidated Financ_8

Condensed Consolidated Financial Statement Details - Visa Europe and Contingent Value Rights - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Contingent Value Rights [Line Items]
Contingent value rights, fair value	$ 411		$ 411		$ 401
Other nonoperating income (expense)
Contingent Value Rights [Line Items]
Contingent value rights at fair value, increase	$ (3)	$ 48	$ 12	$ 74
Visa Europe to Visa, Inc.
Contingent Value Rights [Line Items]
Percentage of disposal proceeds due to counterparty, net of tax (percent)	90.00%		90.00%
Contingent value rights	$ 90		$ 90		$ 70

Condensed Consolidated Financ_9

Condensed Consolidated Financial Statement Details - Equity Security Investments (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Other nonoperating income (expense)
Equity Securities without Readily Determinable Fair Value [Line Items]
Gains and losses on investments, realized and unrealized	$ 126	$ 214
Other Noncurrent Assets
Equity Securities without Readily Determinable Fair Value [Line Items]
Equity securities without readily determinable fair values	$ 354	$ 354	$ 81

Deferred Contract Costs (Detail

Deferred Contract Costs (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Capitalized Contract Cost
Total Deferred contract costs, net	$ 935	$ 917
Contract costs on implementations in progress
Capitalized Contract Cost
Total Deferred contract costs, net	205	245
Contract origination costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	534	470
Contract fulfillment costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	$ 196	$ 202

Deferred Contract Costs - Narra

Deferred Contract Costs - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Capitalized Contract Cost
Amortization of contract costs	$ 97	$ 56	$ 240	$ 162
Platform Initiatives
Capitalized Contract Cost
Amortization of contract costs	19
Deferred contract costs impairment	$ 58

Debt - Schedule of Long-Term De

Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Mar. 31, 2021	Mar. 02, 2021	Dec. 31, 2020
Long-Term Debt
Other	$ (125)			$ 46
Total long-term debt	16,296			17,265
Current portion of long-term debt	(463)			(1,314)
Long-term debt, excluding current portion	$ 15,833			15,951
Revolving Credit Facility
Long-Term Debt
Weighted average interest rate	1.30%
Revolving credit facility	$ 41			251
Unused commitment fee	0.225%
Revolving Credit Facility | Maximum | One month LIBOR
Long-Term Debt
Applicable margin	1.625%
Senior notes | Senior USD Notes
Long-Term Debt
Weighted average interest rate	1.80%
Senior notes	$ 6,909			4,938
Senior notes | Senior USD Notes | Minimum
Long-Term Debt
Debt instrument, stated percentage	0.40%		0.40%
Senior notes | Senior USD Notes | Maximum
Long-Term Debt
Debt instrument, stated percentage	4.80%		3.10%
Senior notes | Senior Euro Notes
Long-Term Debt
Weighted average interest rate	1.30%
Senior notes	$ 7,822			8,891
Senior notes | Senior Euro Notes | Minimum
Long-Term Debt
Debt instrument, stated percentage	0.10%
Senior notes | Senior Euro Notes | Maximum
Long-Term Debt
Debt instrument, stated percentage	3.00%
Senior notes | Senior GBP Notes
Long-Term Debt
Weighted average interest rate	1.50%
Senior notes	$ 1,649			2,526
Senior notes | Senior GBP Notes | Minimum
Long-Term Debt
Debt instrument, stated percentage	1.70%
Senior notes | Senior GBP Notes | Maximum
Long-Term Debt
Debt instrument, stated percentage	3.40%
Senior notes | Senior Euro Floating Rate Notes
Long-Term Debt
Senior notes	$ 0			$ 613
Senior notes | Senior Euro Floating Rate Notes | Minimum
Long-Term Debt
Debt instrument, stated percentage		0.00%
Senior notes | Senior Euro Floating Rate Notes | Maximum
Long-Term Debt
Debt instrument, stated percentage		5.00%

Debt - Short-Term Debt (Details

Debt - Short-Term Debt (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Short-term Debt
Other	$ 16	$ 144
Total Short-term borrowings	$ 3,484	2,750
Commercial paper | FIS credit agreements | Euro-commercial paper notes ("ECP Notes")
Short-term Debt
Short term debt, weighted average interest rate	(0.50%)
Maturities	183 days
Commercial paper	$ 428	861
Commercial paper | FIS credit agreements | U.S. commercial paper notes ("USCP Notes")
Short-term Debt
Short term debt, weighted average interest rate	0.30%
Maturities	397 days
Commercial paper	$ 3,040	$ 1,745

Debt - Narrative (Details)

Debt - Narrative (Details)	1 Months Ended	9 Months Ended
	Mar. 31, 2021USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	May 21, 2021EUR (€)	Mar. 02, 2021USD ($)	Dec. 31, 2020USD ($)
Debt Instrument
Debt, weighted average interest rate		0.90%
Repayments of long-term debt		$ 40,644,000,000	$ 37,646,000,000
Loss on extinguishment of debt		528,000,000	$ 0
Fair value aggregate difference		809,000,000				$ 1,640,000,000
FIS credit agreements
Debt Instrument
Unamortized discount (premium), net		(120,000,000)
Senior Euro Floating Rate Notes
Debt Instrument
Principal amount of debt | €				€ 446,000,000
Revolving Credit Facility
Debt Instrument
Borrowing capacity remaining		1,991,000,000
Line of credit facility, capacity backstopped		3,468,000,000
Credit facility outstanding amount		$ 41,000,000				$ 251,000,000
Senior notes
Debt Instrument
Repayments of long-term debt	$ 5,100,000,000
Loss on extinguishment of debt	528,000,000
Senior notes | Senior Euro Floating Rate Notes
Debt Instrument
Repayments of long-term debt	66,000,000
Senior notes | Senior USD Notes
Debt Instrument
Principal amount of debt					$ 5,500,000,000
Repayments of long-term debt	3,529,000,000
Senior notes | Senior Euro Notes
Debt Instrument
Repayments of long-term debt	600,000,000
Senior notes | Senior GBP Notes
Debt Instrument
Repayments of long-term debt	$ 871,000,000
Senior notes | Minimum | Senior Euro Floating Rate Notes
Debt Instrument
Debt instrument, stated percentage	0.00%
Senior notes | Minimum | Senior USD Notes
Debt Instrument
Debt instrument, stated percentage		0.40%			0.40%
Senior notes | Minimum | Senior Euro Notes
Debt Instrument
Debt instrument, stated percentage		0.10%
Senior notes | Minimum | Senior GBP Notes
Debt Instrument
Debt instrument, stated percentage		1.70%
Senior notes | Maximum | Senior Euro Floating Rate Notes
Debt Instrument
Debt instrument, stated percentage	5.00%
Senior notes | Maximum | Senior USD Notes
Debt Instrument
Debt instrument, stated percentage		4.80%			3.10%
Senior notes | Maximum | Senior Euro Notes
Debt Instrument
Debt instrument, stated percentage		3.00%
Senior notes | Maximum | Senior GBP Notes
Debt Instrument
Debt instrument, stated percentage		3.40%

Debt - Principal Maturities of

Debt - Principal Maturities of Long-Term Debt (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Principal maturities of long-term debt
Total long-term debt	$ 16,296	$ 17,265
FIS credit agreements
Principal maturities of long-term debt
2021 remaining period	16
2022	1,613
2023	2,218
2024	1,335
2025	730
Thereafter	10,612
Total principal payments	16,524
Debt issuance costs, net of accumulated amortization	(108)
Total long-term debt	$ 16,416

Financial Instruments (Details)

Financial Instruments (Details) € in Millions, £ in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021GBP (£)	Sep. 30, 2021EUR (€)	Dec. 31, 2020USD ($)	Dec. 31, 2020GBP (£)	Dec. 31, 2020EUR (€)
Net investment hedges | Senior Euro Notes Maturing 2022 to 2039 and ECP Notes | Senior notes
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives
Notional amount | €						€ 7,127			€ 7,466
Net investment hedges | Senior EURO Floating Rate Notes and Senior Euro Notes Maturing 2021 | Senior notes
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives
Notional amount | €									1,000
Net investment hedges | Sterling senior notes due 2022 to 2031 | Senior notes
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives
Notional amount | £					£ 1,193			£ 1,850
Interest rate swap | Fair value hedging
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives
Notional amount	$ 1,854		$ 1,854		925	500	$ 1,000		500
Derivative liability fair value	77		77
Derivative asset fair value							10
Interest rate swap | Net investment hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives
Derivative asset fair value	120		120
Derivative asset fair value, liability							$ (306)
Currency forward contract | Net investment hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives
Gain (loss) for the change in fair value on derivative used in net investment hedge, after tax, recorded in other comprehensive earnings loss	$ 386	$ (597)	$ 678	$ (263)
Currency swap | Net investment hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives
Notional amount					£ 2,345	€ 5,906		£ 565	€ 4,508

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Oct. 12, 2020USD ($)	Mar. 31, 2020USD ($)	Sep. 30, 2021USD ($)claimcustomer	Sep. 30, 2021USD ($)claim	Dec. 31, 2020USD ($)
Loss Contingencies
Tax receivable agreement commitment (percent)			85.00%	85.00%
Tax receivable agreement obligations			$ 448	$ 448	$ 532
Pending litigation | Potential tax liability | Secretariat of the federal revenue bureau of brazil
Loss Contingencies
Loss contingency, value of damages sought				$ 11
Loss contingency, number of claims pending | claim			14	14
Loss contingency, number of potential new claims filed | claim			24	24
Loss contingency, potential additional claims amount sought			$ 31	$ 31
Loss contingency, number of total pending and potential pending claims | claim			38	38
Pending litigation | Potential tax liability | Secretariat of the federal revenue bureau of brazil | Maximum
Loss Contingencies
Loss contingency, estimate of possible loss			$ 42	$ 42
Reliance trust claims
Loss Contingencies
Number of customers | customer			1
Reliance trust claims | Pending litigation
Loss Contingencies
Loss contingency, value of damages sought		$ 127
Reliance trust claims | Settled Litigation
Loss Contingencies
Litigation settlement, amount awarded to other party	$ 39.8
Loss contingency accrual	$ 39.8

Stock Compensation Plans (Detai

Stock Compensation Plans (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2021	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accelerated stock compensation expense		$ 104
Qualified Retirement Equity Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accelerated stock compensation expense	$ 104

Related-Party Transactions (Det

Related-Party Transactions (Details) - USD ($) $ in Millions	Apr. 29, 2021	Dec. 31, 2020
Discontinued Operations, Disposed of by Sale | Cardinal holdings
Related Party Transaction
Net cash proceeds	$ 367
Gain on sale of equity investment	$ 225
Cardinal holdings
Related Party Transaction
Ownership percentage		36.00%
Equity method investment		$ 137

Net Earnings per Share - Summar

Net Earnings per Share - Summary of Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share [Abstract]
Net earnings attributable to FIS common stockholders	$ 158	$ 20	$ 126	$ 54
Weighted average shares outstanding-basic (in shares)	613	620	618	618
Plus: Common stock equivalent shares (in shares)	6	7	5	8
Weighted average shares outstanding-diluted (in shares)	619	627	623	626
Net earnings per share-basic attributable to FIS common stockholders (in dollars per share)	$ 0.26	$ 0.03	$ 0.20	$ 0.09
Net earnings per share-diluted attributable to FIS common stockholders (in dollars per share)	$ 0.26	$ 0.03	$ 0.20	$ 0.09

Net Earnings per Share - Narrat

Net Earnings per Share - Narrative (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jan. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares authorized to be repurchased (in shares)					100,000,000
Remaining number of shares authorized to be repurchased (in shares)	85,000,000		85,000,000
Share-based Payment Arrangement, Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (less than for the 3 months 2020) (in shares)	1,000,000	1,000,000	1,000,000	2,000,000

Segment Information - Narrative

Segment Information - Narrative (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)country	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)country	Sep. 30, 2020USD ($)
Segment Reporting Information
Asset impairments	$ 202	$ 0	$ 202	$ 0
Accelerated stock compensation expense			104
Platform Initiatives
Segment Reporting Information
Process automation costs	64		64
Incremental charges	102		102
Software and Deferred Contract Cost Assets | Platform Initiatives
Segment Reporting Information
Asset impairments	202		202
COVID-19 Pandemic
Segment Reporting Information
Incremental charges	14	41	33	56
Worldpay
Segment Reporting Information
Data center consolidation costs	$ 4	$ 20	$ 32	$ 60
Merchant Solutions | Minimum
Segment Reporting Information
Number of countries we operate in (more than) | country	140		140
Banking Solutions | Minimum
Segment Reporting Information
Number of countries we operate in (more than) | country	100		100
Capital Market Solutions | Minimum
Segment Reporting Information
Number of countries we operate in (more than) | country	100		100

Segment Information - Summarize

Segment Information - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Information
Revenue	$ 3,507	$ 3,197	$ 10,205	$ 9,236
Operating expenses	(3,369)	(2,966)	(9,605)	(8,851)
Depreciation and amortization (including purchase accounting amortization)	1,058	931	2,981	2,760
Acquisition, integration and other costs	187	195	629	616
Asset impairments	202	0	202	0
Adjusted EBITDA	1,585	1,357	4,412	3,761
Acquisition, integration and other costs	(187)	(195)	(629)	(616)
Interest expense, net	(46)	(84)	(169)	(252)
Other income (expense), net	110	(4)	(58)	31
(Provision) benefit for income taxes	(41)	(121)	(246)	(94)
Equity method investment earnings (loss)	0	0	6	(9)
Net earnings attributable to noncontrolling interest	(3)	(2)	(7)	(7)
Net earnings (loss) attributable to FIS common stockholders	158	20	126	54
Capital expenditures	265	293	877	859
Capital lease obligations		21		21
Merchant Solutions
Segment Information
Capital expenditures	74	92	270	272
Banking Solutions
Segment Information
Capital expenditures	94	130	301	384
Capital Market Solutions
Segment Information
Capital expenditures	47	60	157	164
Corporate and Other
Segment Information
Revenue	82	105	265	301
Operating expenses	(1,291)	(1,002)	(3,378)	(3,020)
Depreciation and amortization (including purchase accounting amortization)	747	658	2,029	1,954
Acquisition, integration and other costs	187	195	629	616
Asset impairments	202		202
Adjusted EBITDA	(73)	(44)	(253)	(149)
Acquisition, integration and other costs	(187)	(195)	(629)	(616)
Capital expenditures	50	11	149	39
Operating segments | Merchant Solutions
Segment Information
Revenue	1,161	1,017	3,303	2,764
Operating expenses	(647)	(604)	(1,927)	(1,747)
Depreciation and amortization (including purchase accounting amortization)	86	74	263	224
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0		0
Adjusted EBITDA	600	487	1,639	1,241
Acquisition, integration and other costs	0	0	0	0
Operating segments | Banking Solutions
Segment Information
Revenue	1,610	1,488	4,729	4,394
Operating expenses	(1,012)	(968)	(3,041)	(2,908)
Depreciation and amortization (including purchase accounting amortization)	144	129	441	382
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0		0
Adjusted EBITDA	742	649	2,129	1,868
Acquisition, integration and other costs	0	0	0	0
Operating segments | Capital Market Solutions
Segment Information
Revenue	654	587	1,908	1,777
Operating expenses	(419)	(392)	(1,259)	(1,176)
Depreciation and amortization (including purchase accounting amortization)	81	70	248	200
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0		0
Adjusted EBITDA	316	265	897	801
Acquisition, integration and other costs	0	0	0	0
Segment reconciling items
Segment Information
Acquisition, integration and other costs	187	195	629	616
Asset impairments	202		202
Depreciation and amortization	(344)	(238)	(918)	(705)
Purchase accounting amortization	(714)	(693)	(2,063)	(2,055)
Acquisition, integration and other costs	(187)	(195)	(629)	(616)
Interest expense, net	(46)	(84)	(169)	(252)
Other income (expense), net	110	(4)	(58)	31
(Provision) benefit for income taxes	$ (41)	$ (121)	$ (246)	$ (94)