Fidelity National Information Services (FIS) 10-Q 2 Aug 23 2023 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2023	Jul. 31, 2023
Document Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
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	347 Riverside Avenue
Entity Address, City	Jacksonville
Entity Address, State	FL
Entity Address, Postal Zip Code	32202
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)		592,465,475
Entity Central Index Key	0001136893
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
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
1.100% 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	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,982	$ 2,188
Settlement assets	4,100	5,855
Trade receivables, net of allowance for credit losses of $91 and $75, respectively	3,402	3,699
Other receivables	493	493
Prepaid expenses and other current assets	673	583
Total current assets	10,650	12,818
Property and equipment, net	829	862
Goodwill	27,681	34,276
Intangible assets, net	8,084	8,956
Software, net	3,268	3,238
Other noncurrent assets	1,938	2,048
Deferred contract costs, net	1,124	1,080
Total assets	53,574	63,278
Current liabilities:
Accounts payable, accrued and other liabilities	2,646	2,754
Settlement payables	5,050	6,752
Deferred revenue	818	788
Short-term borrowings	5,144	3,797
Current portion of long-term debt	785	2,133
Total current liabilities	14,443	16,224
Long-term debt, excluding current portion	13,589	14,207
Deferred income taxes	3,376	3,550
Other noncurrent liabilities	1,893	1,891
Total liabilities	33,301	35,872
Redeemable noncontrolling interest	0	180
FIS stockholders’ equity:
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding as of June 30, 2023, and December 31, 2022	0	0
Common stock $0.01 par value, 750 shares authorized, 631 and 630 shares issued as of June 30, 2023, and December 31, 2022, respectively	6	6
Additional paid in capital	46,846	46,735
(Accumulated deficit) retained earnings	(22,048)	(14,971)
Accumulated other comprehensive earnings (loss)	(331)	(360)
Treasury stock, $0.01 par value, 39 and 39 common shares as of June 30, 2023, and December 31, 2022, respectively, at cost	(4,207)	(4,192)
Total FIS stockholders’ equity	20,266	27,218
Noncontrolling interest	7	8
Total equity	20,273	27,226
Total liabilities, redeemable noncontrolling interest and equity	$ 53,574	$ 63,278

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Trade receivables, net	$ 91	$ 75
FIS stockholders’ equity:
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	200,000,000	200,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	631,000,000	630,000,000
Treasury stock (in shares)	39,000,000	39,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Loss) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Revenue	$ 3,746	$ 3,719	$ 7,256	$ 7,210
Cost of revenue	2,188	2,234	4,356	4,475
Gross profit	1,558	1,485	2,900	2,735
Selling, general, and administrative expenses	1,033	1,082	2,037	2,117
Asset impairments	6,841	29	6,841	87
Operating income (loss)	(6,316)	374	(5,978)	531
Other income (expense):
Interest expense, net	(153)	(47)	(291)	(90)
Other income (expense), net	(53)	30	(63)	92
Total other income (expense), net	(206)	(17)	(354)	2
Earnings (loss) before income taxes	(6,522)	357	(6,332)	533
Provision (benefit) for income taxes	72	77	121	132
Net earnings (loss)	(6,594)	280	(6,453)	401
Net (earnings) loss attributable to noncontrolling interest	(2)	(3)	(3)	(4)
Net earnings (loss) attributable to FIS common stockholders	$ (6,596)	$ 277	$ (6,456)	$ 397
Net earnings (loss) per share-basic attributable to FIS common stockholders (in dollars per share)	$ (11.14)	$ 0.46	$ (10.91)	$ 0.65
Weighted average shares outstanding-basic (in shares)	592	608	592	609
Net earnings (loss) per share-diluted attributable to FIS common stockholders (in dollars per share)	$ (11.14)	$ 0.45	$ (10.91)	$ 0.65
Weighted average shares outstanding-diluted (in shares)	592	611	592	612

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (6,594)	$ 280	$ (6,453)	$ 401
Other comprehensive earnings (loss), before tax:
Foreign currency translation adjustments	182	(1,406)	439	(1,901)
Change in fair value of net investment hedges	(125)	1,177	(421)	1,528
Excluded components of fair value hedges	(23)	0	(23)	0
Other adjustments	1	1	1	5
Other comprehensive earnings (loss), before tax	35	(228)	(4)	(368)
Provision for income tax (expense) benefit related to items of other comprehensive earnings (loss)	(2)	(78)	33	(84)
Other comprehensive earnings (loss), net of tax	33	(306)	29	(452)
Comprehensive earnings (loss)	(6,561)	(26)	(6,424)	(51)
Net (earnings) loss attributable to noncontrolling interest	(2)	(3)	(3)	(4)
Comprehensive earnings (loss) attributable to FIS common stockholders	$ (6,563)	$ (29)	$ (6,427)	$ (55)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) shares in Millions, $ in Millions	Total	Common shares	Treasury shares	Additional paid in capital	Retained earnings	Accumulated other comprehensive earnings (loss)	Noncontrolling interest	[1]
Beginning balance (in shares) at Dec. 31, 2021		625
Beginning balance (in shares) at Dec. 31, 2021			(16)
Beginning balance at Dec. 31, 2021	$ 47,358	$ 6	$ (2,266)	$ 46,466	$ 2,889	$ 252	$ 11
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		3
Exercise of stock options	18			18
Purchases of treasury stock (in shares)			(3)
Purchases of treasury stock	(300)		$ (300)
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	(77)		$ (77)
Stock-based compensation	145			145
Cash dividends declared and other distributions	(577)			5	(577)		(5)
Net earnings (loss)	400				397		3
Other comprehensive earnings (loss), net of tax	(452)					(452)
Ending balance (in shares) at Jun. 30, 2022		628
Ending balance (in shares) at Jun. 30, 2022			(20)
Ending balance at Jun. 30, 2022	$ 46,515	$ 6	$ (2,643)	46,634	2,709	(200)	9
Increase (Decrease) in Stockholders' Equity
Cash dividends paid per share (in dollars per share)	$ 0.47
Beginning balance (in shares) at Mar. 31, 2022		628
Beginning balance (in shares) at Mar. 31, 2022			(17)
Beginning balance at Mar. 31, 2022	$ 47,036	$ 6	$ (2,343)	46,536	2,721	106	10
Increase (Decrease) in Stockholders' Equity
Exercise of stock options	10			10
Purchases of treasury stock (in shares)			(3)
Purchases of treasury stock	(300)		$ (300)
Stock-based compensation	88			88
Cash dividends declared and other distributions	(292)				(289)		(3)
Net earnings (loss)	279				277		2
Other comprehensive earnings (loss), net of tax	(306)					(306)
Ending balance (in shares) at Jun. 30, 2022		628
Ending balance (in shares) at Jun. 30, 2022			(20)
Ending balance at Jun. 30, 2022	$ 46,515	$ 6	$ (2,643)	46,634	2,709	(200)	9
Increase (Decrease) in Stockholders' Equity
Cash dividends paid per share (in dollars per share)	$ 0.47
Beginning balance (in shares) at Dec. 31, 2022		630
Beginning balance (in shares) at Dec. 31, 2022	(39)		(39)
Beginning balance at Dec. 31, 2022	$ 27,226	$ 6	$ (4,192)	46,735	(14,971)	(360)	8
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		1
Issuance of restricted stock	0			0
Exercise of stock options	40			40
Treasury shares held for taxes due upon exercise of stock awards	(15)		$ (15)
Stock-based compensation	64			64
Cash dividends declared and other distributions	(625)				(621)		(4)
Other	7			7
Net earnings (loss)	(6,453)				(6,456)		3
Other comprehensive earnings (loss), net of tax	$ 29					29
Ending balance (in shares) at Jun. 30, 2023		631
Ending balance (in shares) at Jun. 30, 2023	(39)		(39)
Ending balance at Jun. 30, 2023	$ 20,273	$ 6	$ (4,207)	46,846	(22,048)	(331)	7
Increase (Decrease) in Stockholders' Equity
Cash dividends paid per share (in dollars per share)	$ 0.52
Beginning balance (in shares) at Mar. 31, 2023		631
Beginning balance (in shares) at Mar. 31, 2023			(39)
Beginning balance at Mar. 31, 2023	$ 27,104	$ 6	$ (4,206)	46,802	(15,141)	(364)	7
Increase (Decrease) in Stockholders' Equity
Treasury shares held for taxes due upon exercise of stock awards	(1)		$ (1)
Stock-based compensation	44			44
Cash dividends declared and other distributions	(313)				(311)		(2)
Net earnings (loss)	(6,594)				(6,596)		2
Other comprehensive earnings (loss), net of tax	$ 33					33
Ending balance (in shares) at Jun. 30, 2023		631
Ending balance (in shares) at Jun. 30, 2023	(39)		(39)
Ending balance at Jun. 30, 2023	$ 20,273	$ 6	$ (4,207)	$ 46,846	$ (22,048)	$ (331)	$ 7
Increase (Decrease) in Stockholders' Equity
Cash dividends paid per share (in dollars per share)	$ 0.52
[1]Excludes redeemable noncontrolling interest that is not considered equity.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends paid per share (in dollars per share)	$ 0.52	$ 0.47	$ 0.52	$ 0.47

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net earnings (loss)	$ (6,453)	$ 401
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	1,782	1,988
Amortization of debt issuance costs	15	15
Asset impairments	6,841	87
Loss (gain) on sale of businesses, investments and other	(2)	(5)
Stock-based compensation	64	145
Deferred income taxes	(177)	(386)
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade and other receivables	311	114
Settlement activity	(242)	(106)
Prepaid expenses and other assets	(139)	(250)
Deferred contract costs	(217)	(190)
Deferred revenue	5	(30)
Accounts payable, accrued liabilities and other liabilities	(69)	137
Net cash provided by operating activities	1,719	1,920
Cash flows from investing activities:
Additions to property and equipment	(79)	(173)
Additions to software	(467)	(579)
Settlement of net investment hedge cross-currency interest rate swaps	(17)	645
Other investing activities, net	(28)	(22)
Net cash provided by (used in) investing activities	(591)	(129)
Cash flows from financing activities:
Borrowings	43,750	30,789
Repayment of borrowings and other financing obligations	(44,541)	(31,358)
Debt issuance costs	(2)	0
Net proceeds from stock issued under stock-based compensation plans	40	15
Treasury stock activity	(15)	(378)
Dividends paid	(618)	(574)
Payments on tax receivable agreement	(128)	(92)
Purchase of noncontrolling interest	(173)	0
Other financing activities, net	(10)	(4)
Net cash provided by (used in) financing activities	(1,697)	(1,602)
Effect of foreign currency exchange rate changes on cash	117	(392)
Net increase (decrease) in cash, cash equivalents and restricted cash	(452)	(203)
Cash, cash equivalents and restricted cash, beginning of period	4,813	4,283
Cash, cash equivalents and restricted cash, end of period	4,361	4,080
Supplemental cash flow information:
Cash paid for interest	396	241
Cash paid for income taxes	$ 269	$ 323

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2023
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, 2022. The preparation of these consolidated financial statements in conformity with United States ("U.S.") generally accepted accounting principles ("GAAP") and the related rules and regulations of the U.S. Securities and Exchange Commission ("SEC" or "Commission") requires our management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and the related 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 inflation and economic growth rates. These estimates may change as new events occur and additional information is obtained. Future actual results could differ materially from these estimates. To the extent that there are differences between these estimates, judgments and assumptions and actual results, our consolidated financial statements will be affected. Certain reclassifications have been made in the 2022 consolidated financial statements to conform to the classifications used in 2023. On the consolidated statements of comprehensive earnings, we reclassified the Change in fair value of net investment hedges from Foreign currency translation adjustments into its own classification. On the consolidated statements of cash flows, we reclassified Settlement of net investment hedges cross-currency interest rate swaps from Other investing activities to its own classification and Payments on tax receivable agreement from Other financing activities into its own classification. FIS reports its financial performance based on the following segments: Banking Solutions, Merchant Solutions, Capital Market Solutions, and Corporate and Other. T he Company regularly assesses its portfolio of assets and reclassified certain businesse s from Capital Market Solutions to Banking Solutions and to the Corporate and Other segment in the quarter ended March 31, 2023, and recast all prior-period segment information presented. See Note 11 for more information regarding our segments and the related reclassification.

Divestitures

Divestitures	6 Months Ended
	Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	Divestitures Planned Separation of Worldpay Merchant Solutions Business On July 5, 2023, FIS signed a definitive agreement to sell a 55% equity interest in its Worldpay Merchant Solutions business to private equity funds managed by GTCR, LLC ("GTCR") in a transaction valuing the business at up to $18.5 billion, including potential consideration of $1.0 billion contingent on the returns realized by GTCR exceeding certain thresholds. We expect our net proceeds at closing from the sale to be approximately $11.7 billion, consisting of (i) $8.4 billion of proceeds from a pre-closing distribution from the Worldpay business (funded by new debt) and (ii) $5.0 billion from the sale of 55% of our ownersh ip interest, net of estimated selling price adjustments, debt restructuring fees, taxes and transaction costs. FIS will retain a non-controlling 45% ownership interest in a new standalone joint venture. Subsequent to June 30, 2023, the Merchant disposal group has met the accounting criteria to be classified as held for sale and will be presented as such beginning with the third quarter of 2023. The planned disposition of the Worldpay Merchant Solutions business represents a strategic shift that will have a major impact on the Company’s operations and financial results. Accordingly, the Company plans to present the operating results and cash flows of the Worldpay Merchant Solutions business as discontinued operations for all periods presented in the financial statements beginning in the third quarter of 2023. The transaction is expected to close by the first quarter of 2024, subject to regulatory approvals and other customary closing conditions. Following the closing of this transaction, FIS' ownership interest in Worldpay is expected to be reported as income from minority interest.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Virtus Acquisition On January 2, 2020, FIS acquired a majority interest in Virtus Partners ("Virtus"), previously a privately held company that provides high-value managed services and technology to the credit and loan market. The acquisition was accounted for as a business combination. FIS acquired a 70% voting and financial interest in Virtus with 30% interest retained by the founders of Virtus ("Founders"). The agreement between FIS and the Founders provided FIS with a call option to purchase, and the Founders with a put option requiring FIS to purchase, all of the Founders' retained interest in Virtus at a redemption value determined pursuant to performance goals stated in the agreement, exercisable at any time after two years and three years, respectively, following the acquisition date. In January 2023, the Founders exercised their put option, and as a result, FIS paid the $173 million redemption value, recorded as a financing activity in the consolidated statement of cash flows, and now owns 100% of Virtus.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2023
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 reclassified to conform to the new reportable segment presentation as discussed in Note 11. For the three months ended June 30, 2023 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,456 $ 954 $ 424 $ 27 $ 2,861 All others 246 358 248 33 885 Total $ 1,702 $ 1,312 $ 672 $ 60 $ 3,746 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,279 $ 1,284 $ 346 $ 40 $ 2,949 Software maintenance 91 1 130 — 222 Other recurring 62 20 20 10 112 Total recurring 1,432 1,305 496 50 3,283 Software license 19 — 79 — 98 Professional services 156 — 97 3 256 Other non-recurring fees 95 7 — 7 109 Total $ 1,702 $ 1,312 $ 672 $ 60 $ 3,746 For the three months ended June 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,439 $ 955 $ 375 $ 65 $ 2,834 All others 239 347 257 42 885 Total $ 1,678 $ 1,302 $ 632 $ 107 $ 3,719 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,254 $ 1,276 $ 314 $ 83 $ 2,927 Software maintenance 91 1 123 — 215 Other recurring 51 23 15 10 99 Total recurring 1,396 1,300 452 93 3,241 Software license 23 1 72 — 96 Professional services 154 — 106 2 262 Other non-recurring fees 105 1 2 12 120 Total $ 1,678 $ 1,302 $ 632 $ 107 $ 3,719 For the six months ended June 30, 2023 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,895 $ 1,730 $ 849 $ 54 $ 5,528 All others 492 686 486 64 1,728 Total $ 3,387 $ 2,416 $ 1,335 $ 118 $ 7,256 Type of Revenue: Recurring revenue: Transaction processing and services $ 2,578 $ 2,365 $ 686 $ 80 $ 5,709 Software maintenance 181 1 260 1 443 Other recurring 116 41 39 20 216 Total recurring 2,875 2,407 985 101 6,368 Software license 30 2 152 — 184 Professional services 310 — 197 5 512 Other non-recurring fees 172 7 1 12 192 Total $ 3,387 $ 2,416 $ 1,335 $ 118 $ 7,256 For the six months ended June 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,858 $ 1,740 $ 749 $ 115 $ 5,462 All others 479 674 510 85 1,748 Total $ 3,337 $ 2,414 $ 1,259 $ 200 $ 7,210 Type of Revenue: Recurring revenue: Transaction processing and services $ 2,508 $ 2,364 $ 621 $ 158 $ 5,651 Software maintenance 183 1 249 1 434 Other recurring 103 45 29 19 196 Total recurring 2,794 2,410 899 178 6,281 Software license 54 2 145 — 201 Professional services 298 — 213 4 515 Other non-recurring fees 191 2 2 18 213 Total $ 3,337 $ 2,414 $ 1,259 $ 200 $ 7,210 Contract Balances The Company recognized revenue of $184 million and $189 million during the three months and $502 million and $499 million during the six months ended June 30, 2023 and 2022, 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 June 30, 2023, approximately $23.0 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, as its contracts either have an original duration of one year or less or contain variable consideration that is allocated entirely to the day of performance under its stand-ready performance obligations comprised of a series of distinct daily services. 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	6 Months Ended
	Jun. 30, 2023
Condensed Consolidated Financial Statement Details [Abstract]
Condensed Consolidated Financial Statement Details	Condensed Consolidated Financial Statement Details Cash and Cash Equivalents The Company records restricted cash in captions other than Cash and cash equivalents in the consolidated balance sheets. The reconciliation between Cash and cash equivalents in the consolidated balance sheets and Cash, cash equivalents and restricted cash per the consolidated statements of cash flows is as follows (in millions): June 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,982 $ 2,188 Merchant float (in Settlement assets) 2,379 2,625 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,361 $ 4,813 Settlement Assets The principal components of the Company's settlement assets on the consolidated balance sheets are as follows (in millions): June 30, December 31, Settlement assets Settlement deposits $ 443 $ 492 Merchant float 2,379 2,625 Settlement receivables 1,278 2,738 Total Settlement assets $ 4,100 $ 5,855 Intangible Assets, Software and Property and Equipment The following table provides details of Intangible assets, Software and Property and equipment as of June 30, 2023, and December 31, 2022 (in millions): June 30, 2023 December 31, 2022 Cost Accumulated Net Cost Accumulated Net Intangible assets $ 18,464 $ 10,380 $ 8,084 $ 18,260 $ 9,304 $ 8,956 Software $ 6,827 $ 3,559 $ 3,268 $ 6,607 $ 3,369 $ 3,238 Property and equipment $ 2,436 $ 1,607 $ 829 $ 2,381 $ 1,519 $ 862 As of June 30, 2023, Intangible assets, net of amortization, includes $7,894 million of customer relationships and $190 million of trademarks and other intangible assets. Amortization expense with respect to Intangible assets was $499 million and $545 million for the three months and $996 million and $1,102 million for the six months ended June 30, 2023 and 2022, respectively. Depreciation expense for property and equipment was $56 million and $64 million for the three months and $114 million and $137 million for the six months ended June 30, 2023 and 2022, respectively. Amortization expense with respect to software was $246 million and $274 million for the three months and $497 million and $561 million for the six months ended June 30, 2023 and 2022, respectively. The Company recorded $11 million and $47 million, during the three months and $27 million and $109 million during the six months ended June 30, 2023 and 2022, respectively, of incremental software amortization expense resulting from the Company's platform modernization. Platform modernization includes sunsetting certain technology platforms, which resulted in shortened estimated useful lives and accelerated amortization methods primarily impacting the associated assets over approximately three years, beginning in the third quarter of 2021. For the three and six months ended June 30, 2022, the Company recorded $29 million of impairment primarily related to a non-strategic business. For the six months ended June 30, 2022, the Company also recorded $58 million of impairments primarily related to real estate-related assets as a result of office space reductions. Goodwill Changes in goodwill during the six months ended June 30, 2023, are summarized below (in millions). Prior-period amounts have been reclassified to conform to the new reportable segment presentation as discussed in Note 11. Capital Corporate Banking Merchant Market And Solutions Solutions Solutions Other Total Balance, December 31, 2022 $ 12,536 $ 17,460 $ 4,260 $ 20 $ 34,276 Asset impairments — (6,839) — — (6,839) Foreign currency adjustments 9 206 29 — 244 Balance, June 30, 2023 $ 12,545 $ 10,827 $ 4,289 $ 20 $ 27,681 We assess goodwill for impairment on an annual basis during the fourth quarter or more frequently if circumstances indicate potential impairment. We evaluated if events and circumstances as of June 30, 2023, indicated potential impairment of our reporting units. For our Banking and Capital Markets reporting units, we performed a qualitative assessment by examining factors most likely to affect our reporting units' fair values, including the impact of recent U.S. bank failures. The factors examined involve 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 June 30, 2023, we concluded that it remained more likely than not that the fair value continues to exceed the carrying amount for each of these reporting units; therefore, goodwill was not impaired. Given the substantial excess of fair value over carrying amounts, we believe the likelihood of obtaining materially different results based on a change of assumptions to be low. For our Merchant reporting unit, events and circumstances during the three months ended June 30, 2023, indicated potential goodwill impairment. As recently as December 31, 2022, the Merchant reporting unit’s carrying value was equal to its estimated fair value, creating a possibility of future goodwill impairment as a result of any further decrease in its estimated fair value. Also, as of June 30, 2023, the Company was in negotiations to sell, and expected that it was more likely than not that it would sell, a majority stake in the reporting unit. Accordingly, we performed a quantitative goodwill impairment assessment as of June 30, 2023. To estimate the fair value of the reporting unit, we used a market approach based on the price at which the Company subsequently agreed to sell a majority interest in the Worldpay Merchant Solutions business as further discussed in Note 2 to the consolidated financial statements. Based on this price, inclusive of estimated selling price adjustments and fair value of contingent consideration, the estimated fair value of the reporting unit was less than its carrying value, and we recorded a $6.8 billion impairment charge in the second quarter of 2023. As a result, the Merchant reporting unit's carrying value as of June 30, 2023, is equal to its fair value. The Merchant disposal unit will be evaluated under an asset-held-for-sale accounting model beginning in the third quarter of 2023. Under an asset-held-for-sale model, the disposal unit will be valued at fair value less cost to sell, and the value could be affected by changes in estimated selling price adjustments or fair value of contingent consideration. Additionally, the carrying value will be adjusted to include cumulative translations adjustments. These factors could result in further impairment. The total carrying amount of goodwill as of June 30, 2023, and December 31, 2022, is net of accumulated impairment charges of $24.5 billion. $24.4 billion of this amount relates to Merchant Solutions stemming from a $6.8 billion impairment recorded in the second quarter of 2023 and $17.6 billion recorded during the fourth quarter of 2022. Additionally, $94 million relates to non-strategic businesses within Corporate and Other. 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 ("cash consideration") 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. The preferred stock becomes convertible into Visa Inc. Class A common stock ("common stock") in stages as determined by Visa Inc. in accordance with the relevant transaction documents pertaining to the aforementioned disposal of the Visa Europe ownership interest. The preferred stock becomes fully convertible no later than 2028 (subject to a holdback to cover any pending claims). 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 ("ASC 825"), for measuring its preferred stock asset and CVR liability. The fair value of the preferred stock was $80 million and $55 million at June 30, 2023, and December 31, 2022, respectively, recorded in Other noncurrent assets on the consolidated balance sheets. The fair value of the CVR liability was $361 million and $342 million at June 30, 2023, and December 31, 2022, respectively, recorded in Other noncurrent liabilities on the consolidated balance sheets. Pursuant to ASC 825, the Company remeasures the fair value of the preferred stock and CVR liability each reporting period. The net change in fair value was $9 million and $25 million for the three months and $6 million and $49 million for the six months ended June 30, 2023 and 2022, respectively, recorded in Other income (expense), net on the consolidated statements of earnings (loss). Equity Security Investments

Deferred Contract Costs

Deferred Contract Costs	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023, and December 31, 2022, consisted of the following (in millions): June 30, 2023 December 31, 2022 Contract costs on implementations in progress $ 209 $ 250 Contract origination costs on completed implementations, net 645 579 Contract fulfillment costs on completed implementations, net 270 251 Total Deferred contract costs, net $ 1,124 $ 1,080 Amortization of deferred contract costs on completed implementations was $85 million and $92 million during the three months and $176 million and $188 million during the six months ended June 30, 2023 and 2022, respectively.

Debt

Debt	6 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Debt	Debt Long-term debt as of June 30, 2023, and December 31, 2022, consisted of the following (in millions): June 30, 2023 Weighted Average Interest Interest June 30, December 31, Rates Rate (1) Maturities 2023 2022 Fixed Rate Notes Senior USD Notes 0.6% - 5.6% 4.0% 2024 - 2052 $ 8,659 $ 9,409 Senior Euro Notes 0.6% - 3.0% 1.9% 2024 - 2039 4,897 6,154 Senior GBP Notes 2.3% - 3.4% 7.1% 2029 - 2031 1,171 1,119 Revolving Credit Facility (2) 6.3% 2026 301 280 Incremental Revolving Credit Facility (3) 2023 — — Other (4) (654) (622) Total long-term debt, including current portion 14,374 16,340 Current portion of long-term debt (785) (2,133) Long-term debt, excluding current portion $ 13,589 $ 14,207 (1) The weighted average interest rate includes the impact of interest rate swaps and excludes the impact of cross-currency interest rate swaps (see Note 8). (2) Through June 30, 2023, 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. Effective July 1, 2023, the Adjusted Term SOFR replaced LIBOR as the reference rate and added an additional spread to the interest rate of up to 0.428%. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) Interest on the Incremental Revolving Credit Facility is generally payable at a rate, at the option of the Company, equal to the Term SOFR Rate plus 0.10% plus a margin of up to 1.625% or equal to the Base Rate plus a margin of up to 0.625%, in either case plus an unused commitment fee of up to 0.225%. (4) Other includes financing obligations for certain hardware and software, the fair value of interest rate swaps (see Note 8), unamortized non-cash bond discounts and unamortized debt issuance costs. Short-term borrowings as of June 30, 2023, and December 31, 2022, consisted of the following (in millions): June 30, 2023 Weighted Average Interest June 30, December 31, Rate Maturities 2023 2022 Euro-commercial paper notes ("ECP Notes") 3.6 % Up to 183 days $ 2,851 $ 2,054 U.S. commercial paper notes ("USCP Notes") 5.5 % Up to 397 days 2,293 1,701 Other — 42 Total Short-term borrowings $ 5,144 $ 3,797 As discussed further in Note 8, the Company is a party to interest rate swaps that convert a portion of its fixed-rate debt to variable-rate debt and fixed-for-fixed cross-currency interest rate swaps under which it agrees to receive interest in foreign currency in exchange for paying interest in U.S. dollars. These interest rate swaps are designated as fair value hedges of its fixed rate debt. The Company has also entered into cross-currency interest rate swaps under which it agrees to receive interest in U.S. dollars in exchange for paying interest in a foreign currency. Although these cross-currency interest rate swaps are entered into as net investment hedges of its investments in certain of its non-U.S. subsidiaries, and not for the purpose of hedging interest rates, the benefit or cost of such hedges is reflected in interest expense in the consolidated statement of earnings. As of June 30, 2023, the weighted average interest rate of the Company's outstanding debt was 4.1%, including the impact of interest rate swaps and cross-currency interest rate swaps designated as fair value hedges but excluding the impact of cross-currency interest rate swaps designated as net investment hedges. Including the impact of the net investment hedge cross-currency interest rate swaps on interest expense, the weighted average interest rate of the Company's outstanding debt was 3.4%. 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 8) and net unamortized non-cash bond discounts of $(650) million as of June 30, 2023 (in millions): Total 2023 remaining period $ 22 2024 1,331 2025 1,448 2026 1,261 2027 2,162 Thereafter 8,892 Total principal payments 15,116 Debt issuance costs, net of accumulated amortization (92) Total long-term debt $ 15,024 There are no mandatory principal payments on the Revolving Credit Facility or the Incremental Revolving Credit Facility, and any balance outstanding on the Revolving Credit Facility or the Incremental Revolving Credit Facility will be due and payable at each such facility's scheduled maturity date, which occur on March 2, 2026, and December 15, 2023, respectively. Senior Notes On May 21, 2023, FIS repaid an aggregate principal amount of €1.3 billion in Senior Euro Notes, on their due date, pursuant to the related indenture. On March 1, 2023, FIS repaid an aggregate principal amount of $750 million in Senior USD Notes, on their due date, pursuant to the related indenture. On December 3, 2022, FIS repaid an aggregate principal amount of €1.0 billion in Senior Euro Notes, on their due date, pursuant to the related indenture. On July 13, 2022, FIS completed the issuance and sale of Senior USD Notes with an aggregate principal amount of $2.5 billion with interest rates ranging from 4.5% to 5.6% and maturities ranging from 2025 to 2052. The proceeds from the debt issuance were used for the repayment of debt under our commercial paper programs in the third quarter of 2022. Revolving Credit Facilities On February 28, 2023, FIS entered into a Incremental Revolving Credit Facility which provides credit commitments outstanding of $2.0 billion, with a scheduled maturity date of December 15, 2023. The proceeds of any borrowings under the Incremental Revolving Credit Facility will be used to provide ongoing working capital and for other general corporate purposes of the Company and its subsidiaries, including the repayment of certain existing debt of the Company and its subsidiaries and to backstop the Company’s commercial paper program. The Incremental Revolving Credit Facility contains customary covenants restricting, among other things, the incurrence of indebtedness, certain restricted payments and use of proceeds as well as to maintain certain financial ratios. As of June 30, 2023, the borrowing capacity under the Revolving Credit Facility and Incremental Revolving Credit Facility was $2,055 million (net of $5,144 million of capacity backstopping our commercial paper notes). Fair Value of Debt The fair value of the Company's long-term debt is estimated to be approximately $1,799 million and $1,873 million lower than the carrying value, excluding the fair value of the interest rate swaps and unamortized discounts, as of June 30, 2023, and December 31, 2022, respectively.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2023
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 each of June 30, 2023, and December 31, 2022, 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 $616 million and $578 million reflected as a decrease in the long-term debt balance at June 30, 2023, and December 31, 2022, respectively (see Note 7). During the quarter ended June 30, 2023, the Company entered into an aggregate notional amount of £925 million fixed-for-fixed cross-currency interest rate swaps to hedge its exposure to foreign currency risk associated with its Senior GBP notes. These swaps are designated as fair value hedges for accounting purposes with a net liability fair value of $2 million at June 30, 2023. Changes in the swap fair values attributable to changes in spot foreign currency exchange rates are recorded in Other income (expense), and changes attributable to excluded components, such as changes in fair value due to forward foreign currency exchange rates and cross-currency basis spreads, are recorded in Accumulated other comprehensive earnings (loss). The Company records the impact of the excluded components in earnings through Interest expense using the amortization approach. 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 and related income tax (expense) benefit within Other comprehensive earnings (loss), net of tax, on the consolidated statements of comprehensive earnings (loss) for its designated net investment hedges as follows (in millions). No ineffectiveness has been recorded on the net investment hedges. Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Foreign currency-denominated debt designations $ (7) $ 492 $ (123) $ 666 Cross-currency interest rate swap designations (84) 381 (189) 468 Total $ (91) $ 873 $ (312) $ 1,134 Foreign Currency-Denominated Debt Designations The Company has designated certain foreign currency-denominated debt as net investment hedges of its investment in Euro- and Pound Sterling-denominated operations. As of June 30, 2023, and December 31, 2022, an aggregate €7,100 million and €7,646 million, respectively, was designated as a net investment hedge of the Company's investment in Euro-denominated operations related to Senior Euro Notes with maturities ranging from 2024 to 2039 and ECP Notes. During the quarter ended June 30, 2023, the Company de-designated its Senior GBP notes as net investment hedges due to the new fair value hedges noted above. As of June 30, 2023, no GBP-denominated debt was designated as a net investment hedge. As of December 31, 2022, an aggregate £726 million was designated as a net investment hedge of the Company's Pound Sterling-denominated operations related to the Senior GBP Notes. Cross-Currency Interest Rate Swap Designations The Company holds cross-currency interest rate swaps designated as net investment hedges of its investment in Euro- and Pound Sterling-denominated operations. As of June 30, 2023, and December 31, 2022, aggregate notional amounts of €6,343 million and €6,343 million, respectively, were designated as net investment hedges of the Company's investment in Euro-denominated operations, and aggregate notional amounts of £2,380 million and £2,580 million, respectively, were designated as net investment hedges of the Company's Pound Sterling-denominated operations. The cross-currency interest rate swap fair values totaled assets of $178 million and $336 million and liabilities of $(150) million and $(72) million at June 30, 2023, and December 31, 2022, respectively. During the six months ended June 30, 2023 and 2022, the Company (paid) received net proceeds of approximately $(17) million and $645 million, respectively, for the fair values of the cross-currency interest rate swaps as of the settlement dates. The proceeds were recorded within investing activities on the consolidated statements of cash flows. Following the settlement of the existing cross-currency interest rate swaps during 2022, the Company entered into new cross-currency interest rate swaps at current market terms with similar notional amounts and maturity dates as the settled cross-currency interest rate swaps.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Securities and Shareholder Matters On March 6, 2023, a complaint captioned Palm Bay Police and Firefighters’ Pension Fund v. Fidelity National Information Services, Inc., et al., was filed in the United States District Court for the Middle District of Florida by a shareholder of the Company seeking damages on behalf of a class consisting of all persons who purchased the Company’s common stock between February 9, 2021, and February 10, 2023. This action has been consolidated with a related action that seeks damages on behalf of a class consisting of all persons who purchased the Company’s common stock between May 7, 2020, and February 10, 2023, and the consolidated case is now captioned In re Fidelity National Information Services, Inc. Securities Litigation . This putative class action, which names the Company and certain of its current and former officers as defendants, seeks damages for alleged violations of federal securities laws in connection with our disclosures relating to our Merchant Solutions segment, including with respect to Worldpay’s valuation, integration, and synergies. A lead plaintiff has been appointed, and a consolidated amended complaint is due on August 2, 2023. On April 27, 2023, a shareholder derivative action captioned Portia McCollum, derivatively on behalf of Fidelity National Information Services, Inc. v. Gary Norcross et al., was filed in the same court by a shareholder of the Company. Plaintiff dismissed the suit without prejudice and sent a demand pursuant to Georgia Code § 14-2-742. Another putative stockholder, City of Hialeah Employees’ Retirement System, sent a similar demand. The demands claim that FIS officers and directors violated federal securities laws and breached fiduciary duties in connection with Worldpay’s valuation, integration, and synergies, and they demand that the Board investigate and commence legal proceedings against officers and directors in connection with the purported wrongdoing. While we believe the cases and demands are without merit, no assurance can be given as to their ultimate outcome. We intend to contest them vigorously. 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, of which 13 are still active, asserting potential tax liabilities of approximately $13 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 $36 million, making the total potential exposure for all 38 claims approximately $49 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. In January 2023, the Company exercised its third call option pursuant to the Amendment, which results in fixed cash payments to Fifth Third of $138 million. 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 June 30, 2023, and December 31, 2022, include a total liability of $138 million and $266 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. 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.

Net Earnings (Loss) per Share

Net Earnings (Loss) per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Net Earnings (Loss) per Share	Net Earnings (Loss) per Share The basic weighted average shares and common stock equivalents for the three and six months ended June 30, 2023 and 2022, 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 six months ended June 30, 2023 and 2022 (in millions, except per share amounts): Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Net earnings attributable to FIS common stockholders $ (6,596) $ 277 $ (6,456) $ 397 Weighted average shares outstanding-basic 592 608 592 609 Plus: Common stock equivalent shares — 3 — 3 Weighted average shares outstanding-diluted 592 611 592 612 Net earnings per share-basic attributable to FIS common stockholders $ (11.14) $ 0.46 $ (10.91) $ 0.65 Net earnings per share-diluted attributable to FIS common stockholders $ (11.14) $ 0.45 $ (10.91) $ 0.65 The diluted net loss per share for the three and six months ended June 30, 2023, did not include the effect of common stock equivalent shares of 2 million and 1 million, respectively, because the effect would have been anti-dilutive. Options to purchase approximately 9 million and 5 million shares of our common stock for the three months and 9 million and 5 million for the six months ended June 30, 2023 and 2022, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive. In January 2021, our Board of Directors approved a share repurchase program under which it authorized the Company to repurchase up to 100 million shares of our common stock at management's discretion from time to time on the open market or in privately negotiated transactions and through Rule 10b5-1 plans. The new repurchase program has no expiration date and may be suspended for periods, amended or discontinued at any time. Approximately 64 million shares remained available for repurchase as of June 30, 2023.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information FIS reports its financial performance based on the following segments: Banking Solutions, Merchant Solutions, Capital Market Solutions and Corporate and Other. Below is a summary of each segment. T he Company regularly assesses its portfolio of assets and reclassified certain businesse s from Capital Market Solutions to Banking Solutions and to the Corporate and Other segment in the quarter ended March 31, 2023, and recast all prior-period segment information presented. These operations represented less than 1% of second quarter and year-to-date 2023 revenue. Banking Solutions ("Banking") The Banking segment is focused on serving financial institutions of all sizes with core processing software, transaction processing software and complementary applications and services, many of which interact directly with core processing software. We sell these solutions 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 approximately 100 countries. We provide our clients integrated solutions characterized by multi-year processing contracts that generate 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. Merchant Solutions ("Merchant") The Merchant segment is focused on serving merchants of all sizes globally, enabling them to accept, authorize and settle electronic payment transactions. Merchant includes all aspects of payment processing, including value-added services, such as security, fraud prevention, advanced data analytics, foreign currency management and numerous funding options. Merchant serves clients in over 100 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 access to new and existing markets. On July 5, 2023, we signed a definitive agreement to sell a 55% equity interest in the Worldpay Merchant Solutions business as further discussed in Note 2 to the consolidated financial statements and in Item 2 "Management's Discussion and Analysis of Financial Condition and Results of Operations. " 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 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, 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, integration and transformation-related expenses, that are not considered when management evaluates revenue-generating segment performance. In the Corporate and Other segment, the Company recorded acquisition, integration and other costs comprised of the following (in millions): Three months ended Six months ended June 30, June 30, 2023 2022 2023 2022 Acquisition and integration $ 9 $ 30 $ 16 $ 75 Enterprise transformation, including Future Forward and platform modernization 78 80 153 160 Severance and other termination expenses, including those associated with enterprise cost control initiatives and changes in senior management 23 36 51 47 Planned separation of the Worldpay Merchant Solutions business 20 — 31 — Stock-based compensation, primarily from certain performance-based awards 6 41 6 65 Other, including divestiture-related expenses and enterprise cost control and other initiatives 4 34 8 63 Total acquisition, integration and other costs $ 140 $ 221 $ 265 $ 410 Amounts in table may not sum due to rounding. Other costs in Corporate and Other also included incremental amortization expense associated with shortened estimated useful lives and accelerated amortization methods for certain software and deferred contract cost assets resulting from the Company's platform modernization totaling $13 million and $42 million for the three months and $32 million and $94 million for the six months ended June 30, 2023 and 2022, respectively, which is recorded in depreciation and amortization in the statement of operations. For the three and six months ended June 30, 2023, the Company recorded a $6.8 billion impairment of goodwill related to the Merchant Solutions reporting unit due to its estimated fair value being less than its carrying value. Additionally, the Company recorded $29 million of asset impairments primarily related to the impairment of a non-strategic business during the three and six months ended June 30, 2022 and $58 million of impairments primarily related to real estate-related assets resulting from office space reductions during the six months ended June 30, 2022. 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) and depreciation and amortization, and excludes certain costs and other transactions that management deems non-operational in nature or that otherwise improve the comparability of operating results across reporting periods by their exclusion. The items affecting the segment profit measure generally include the purchase price amortization of acquired intangible assets as well as acquisition, integration and certain other costs and asset impairments. 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 June 30, 2023 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,702 $ 1,312 $ 672 $ 60 $ 3,746 Operating expenses (1,132) (776) (423) (7,731) (10,062) Depreciation and amortization (including purchase accounting amortization) 154 97 88 547 886 Acquisition, integration and other costs — — — 140 140 Asset impairments — — — 6,841 6,841 Adjusted EBITDA $ 724 $ 633 $ 337 $ (143) $ 1,551 Adjusted EBITDA $ 1,551 Depreciation and amortization (338) Purchase accounting amortization (548) Acquisition, integration and other costs (140) Asset impairments (6,841) Interest expense, net (153) Other income (expense), net (53) (Provision) benefit for income taxes (72) Net earnings attributable to noncontrolling interest (2) Net earnings attributable to FIS common stockholders $ (6,596) Capital expenditures (1) $ 97 $ 103 $ 64 $ 23 $ 287 (1) Capital expenditures include $20 million in other financing obligations for certain hardware. For the three months ended June 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,678 $ 1,302 $ 632 $ 107 $ 3,719 Operating expenses (1,081) (778) (405) (1,081) (3,345) Depreciation and amortization (including purchase accounting amortization) 149 89 84 653 975 Acquisition, integration and other costs — — — 221 221 Asset impairments — — — 29 29 Adjusted EBITDA $ 746 $ 613 $ 311 $ (71) $ 1,599 Adjusted EBITDA $ 1,599 Depreciation and amortization (347) Purchase accounting amortization (628) Acquisition, integration and other costs (221) Asset impairments (29) Interest expense, net (47) Other income (expense), net 30 (Provision) benefit for income taxes (77) Net earnings attributable to noncontrolling interest (3) Net earnings attributable to FIS common stockholders $ 277 Capital expenditures $ 120 $ 109 $ 60 $ 51 $ 340

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On July 5, 2023, we signed a definitive agreement to sell a 55% equity interest in the Worldpay Merchant Solutions business as further discussed in Note 2 to the consolidated financial statements and in Item 2 "Management's Discussion and Analysis of Financial Condition and Results of Operations. "

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net earnings attributable to FIS common stockholders	$ (6,596)	$ 277	$ (6,456)	$ 397

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2023
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, 2022.The preparation of these consolidated financial statements in conformity with United States ("U.S.") generally accepted accounting principles ("GAAP") and the related rules and regulations of the U.S. Securities and Exchange Commission ("SEC" or "Commission") requires our management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and the related 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 inflation and economic growth rates. These estimates may change as new events occur and additional information is obtained. Future actual results could differ materially from these estimates. To the extent that there are differences between these estimates, judgments and assumptions and actual results, our consolidated financial statements will be affected.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	For the three months ended June 30, 2023 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,456 $ 954 $ 424 $ 27 $ 2,861 All others 246 358 248 33 885 Total $ 1,702 $ 1,312 $ 672 $ 60 $ 3,746 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,279 $ 1,284 $ 346 $ 40 $ 2,949 Software maintenance 91 1 130 — 222 Other recurring 62 20 20 10 112 Total recurring 1,432 1,305 496 50 3,283 Software license 19 — 79 — 98 Professional services 156 — 97 3 256 Other non-recurring fees 95 7 — 7 109 Total $ 1,702 $ 1,312 $ 672 $ 60 $ 3,746 For the three months ended June 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,439 $ 955 $ 375 $ 65 $ 2,834 All others 239 347 257 42 885 Total $ 1,678 $ 1,302 $ 632 $ 107 $ 3,719 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,254 $ 1,276 $ 314 $ 83 $ 2,927 Software maintenance 91 1 123 — 215 Other recurring 51 23 15 10 99 Total recurring 1,396 1,300 452 93 3,241 Software license 23 1 72 — 96 Professional services 154 — 106 2 262 Other non-recurring fees 105 1 2 12 120 Total $ 1,678 $ 1,302 $ 632 $ 107 $ 3,719 For the six months ended June 30, 2023 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,895 $ 1,730 $ 849 $ 54 $ 5,528 All others 492 686 486 64 1,728 Total $ 3,387 $ 2,416 $ 1,335 $ 118 $ 7,256 Type of Revenue: Recurring revenue: Transaction processing and services $ 2,578 $ 2,365 $ 686 $ 80 $ 5,709 Software maintenance 181 1 260 1 443 Other recurring 116 41 39 20 216 Total recurring 2,875 2,407 985 101 6,368 Software license 30 2 152 — 184 Professional services 310 — 197 5 512 Other non-recurring fees 172 7 1 12 192 Total $ 3,387 $ 2,416 $ 1,335 $ 118 $ 7,256 For the six months ended June 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 2,858 $ 1,740 $ 749 $ 115 $ 5,462 All others 479 674 510 85 1,748 Total $ 3,337 $ 2,414 $ 1,259 $ 200 $ 7,210 Type of Revenue: Recurring revenue: Transaction processing and services $ 2,508 $ 2,364 $ 621 $ 158 $ 5,651 Software maintenance 183 1 249 1 434 Other recurring 103 45 29 19 196 Total recurring 2,794 2,410 899 178 6,281 Software license 54 2 145 — 201 Professional services 298 — 213 4 515 Other non-recurring fees 191 2 2 18 213 Total $ 3,337 $ 2,414 $ 1,259 $ 200 $ 7,210

Condensed Consolidated Financ_2

Condensed Consolidated Financial Statement Details (Tables)	6 Months Ended
	Jun. 30, 2023
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 Cash, cash equivalents and restricted cash per the consolidated statements of cash flows is as follows (in millions): June 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,982 $ 2,188 Merchant float (in Settlement assets) 2,379 2,625 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,361 $ 4,813
Schedule of Cash and Cash Equivalents	The reconciliation between Cash and cash equivalents in the consolidated balance sheets and Cash, cash equivalents and restricted cash per the consolidated statements of cash flows is as follows (in millions): June 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,982 $ 2,188 Merchant float (in Settlement assets) 2,379 2,625 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,361 $ 4,813
Schedule Of Settlement Assets	The principal components of the Company's settlement assets on the consolidated balance sheets are as follows (in millions): June 30, December 31, Settlement assets Settlement deposits $ 443 $ 492 Merchant float 2,379 2,625 Settlement receivables 1,278 2,738 Total Settlement assets $ 4,100 $ 5,855
Schedule of Intangible Assets, Software and Property and Equipment	The following table provides details of Intangible assets, Software and Property and equipment as of June 30, 2023, and December 31, 2022 (in millions): June 30, 2023 December 31, 2022 Cost Accumulated Net Cost Accumulated Net Intangible assets $ 18,464 $ 10,380 $ 8,084 $ 18,260 $ 9,304 $ 8,956 Software $ 6,827 $ 3,559 $ 3,268 $ 6,607 $ 3,369 $ 3,238 Property and equipment $ 2,436 $ 1,607 $ 829 $ 2,381 $ 1,519 $ 862
Schedule of Goodwill	Changes in goodwill during the six months ended June 30, 2023, are summarized below (in millions). Prior-period amounts have been reclassified to conform to the new reportable segment presentation as discussed in Note 11. Capital Corporate Banking Merchant Market And Solutions Solutions Solutions Other Total Balance, December 31, 2022 $ 12,536 $ 17,460 $ 4,260 $ 20 $ 34,276 Asset impairments — (6,839) — — (6,839) Foreign currency adjustments 9 206 29 — 244 Balance, June 30, 2023 $ 12,545 $ 10,827 $ 4,289 $ 20 $ 27,681

Deferred Contract Costs (Tables

Deferred Contract Costs (Tables)	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023, and December 31, 2022, consisted of the following (in millions): June 30, 2023 December 31, 2022 Contract costs on implementations in progress $ 209 $ 250 Contract origination costs on completed implementations, net 645 579 Contract fulfillment costs on completed implementations, net 270 251 Total Deferred contract costs, net $ 1,124 $ 1,080

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt as of June 30, 2023, and December 31, 2022, consisted of the following (in millions): June 30, 2023 Weighted Average Interest Interest June 30, December 31, Rates Rate (1) Maturities 2023 2022 Fixed Rate Notes Senior USD Notes 0.6% - 5.6% 4.0% 2024 - 2052 $ 8,659 $ 9,409 Senior Euro Notes 0.6% - 3.0% 1.9% 2024 - 2039 4,897 6,154 Senior GBP Notes 2.3% - 3.4% 7.1% 2029 - 2031 1,171 1,119 Revolving Credit Facility (2) 6.3% 2026 301 280 Incremental Revolving Credit Facility (3) 2023 — — Other (4) (654) (622) Total long-term debt, including current portion 14,374 16,340 Current portion of long-term debt (785) (2,133) Long-term debt, excluding current portion $ 13,589 $ 14,207 (1) The weighted average interest rate includes the impact of interest rate swaps and excludes the impact of cross-currency interest rate swaps (see Note 8). (2) Through June 30, 2023, 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. Effective July 1, 2023, the Adjusted Term SOFR replaced LIBOR as the reference rate and added an additional spread to the interest rate of up to 0.428%. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) Interest on the Incremental Revolving Credit Facility is generally payable at a rate, at the option of the Company, equal to the Term SOFR Rate plus 0.10% plus a margin of up to 1.625% or equal to the Base Rate plus a margin of up to 0.625%, in either case plus an unused commitment fee of up to 0.225%. (4) Other includes financing obligations for certain hardware and software, the fair value of interest rate swaps (see Note 8), unamortized non-cash bond discounts and unamortized debt issuance costs.
Schedule of Short-Term Debt	Short-term borrowings as of June 30, 2023, and December 31, 2022, consisted of the following (in millions): June 30, 2023 Weighted Average Interest June 30, December 31, Rate Maturities 2023 2022 Euro-commercial paper notes ("ECP Notes") 3.6 % Up to 183 days $ 2,851 $ 2,054 U.S. commercial paper notes ("USCP Notes") 5.5 % Up to 397 days 2,293 1,701 Other — 42 Total Short-term borrowings $ 5,144 $ 3,797
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 8) and net unamortized non-cash bond discounts of $(650) million as of June 30, 2023 (in millions): Total 2023 remaining period $ 22 2024 1,331 2025 1,448 2026 1,261 2027 2,162 Thereafter 8,892 Total principal payments 15,116 Debt issuance costs, net of accumulated amortization (92) Total long-term debt $ 15,024

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Net Investment Hedges	Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Foreign currency-denominated debt designations $ (7) $ 492 $ (123) $ 666 Cross-currency interest rate swap designations (84) 381 (189) 468 Total $ (91) $ 873 $ (312) $ 1,134

Net Earnings (Loss) per Share (

Net Earnings (Loss) per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) 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 six months ended June 30, 2023 and 2022 (in millions, except per share amounts): Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Net earnings attributable to FIS common stockholders $ (6,596) $ 277 $ (6,456) $ 397 Weighted average shares outstanding-basic 592 608 592 609 Plus: Common stock equivalent shares — 3 — 3 Weighted average shares outstanding-diluted 592 611 592 612 Net earnings per share-basic attributable to FIS common stockholders $ (11.14) $ 0.46 $ (10.91) $ 0.65 Net earnings per share-diluted attributable to FIS common stockholders $ (11.14) $ 0.45 $ (10.91) $ 0.65

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of business acquisitions, by acquisition	In the Corporate and Other segment, the Company recorded acquisition, integration and other costs comprised of the following (in millions): Three months ended Six months ended June 30, June 30, 2023 2022 2023 2022 Acquisition and integration $ 9 $ 30 $ 16 $ 75 Enterprise transformation, including Future Forward and platform modernization 78 80 153 160 Severance and other termination expenses, including those associated with enterprise cost control initiatives and changes in senior management 23 36 51 47 Planned separation of the Worldpay Merchant Solutions business 20 — 31 — Stock-based compensation, primarily from certain performance-based awards 6 41 6 65 Other, including divestiture-related expenses and enterprise cost control and other initiatives 4 34 8 63 Total acquisition, integration and other costs $ 140 $ 221 $ 265 $ 410 Amounts in table may not sum due to rounding.
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 June 30, 2023 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,702 $ 1,312 $ 672 $ 60 $ 3,746 Operating expenses (1,132) (776) (423) (7,731) (10,062) Depreciation and amortization (including purchase accounting amortization) 154 97 88 547 886 Acquisition, integration and other costs — — — 140 140 Asset impairments — — — 6,841 6,841 Adjusted EBITDA $ 724 $ 633 $ 337 $ (143) $ 1,551 Adjusted EBITDA $ 1,551 Depreciation and amortization (338) Purchase accounting amortization (548) Acquisition, integration and other costs (140) Asset impairments (6,841) Interest expense, net (153) Other income (expense), net (53) (Provision) benefit for income taxes (72) Net earnings attributable to noncontrolling interest (2) Net earnings attributable to FIS common stockholders $ (6,596) Capital expenditures (1) $ 97 $ 103 $ 64 $ 23 $ 287 (1) Capital expenditures include $20 million in other financing obligations for certain hardware. For the three months ended June 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,678 $ 1,302 $ 632 $ 107 $ 3,719 Operating expenses (1,081) (778) (405) (1,081) (3,345) Depreciation and amortization (including purchase accounting amortization) 149 89 84 653 975 Acquisition, integration and other costs — — — 221 221 Asset impairments — — — 29 29 Adjusted EBITDA $ 746 $ 613 $ 311 $ (71) $ 1,599 Adjusted EBITDA $ 1,599 Depreciation and amortization (347) Purchase accounting amortization (628) Acquisition, integration and other costs (221) Asset impairments (29) Interest expense, net (47) Other income (expense), net 30 (Provision) benefit for income taxes (77) Net earnings attributable to noncontrolling interest (3) Net earnings attributable to FIS common stockholders $ 277 Capital expenditures $ 120 $ 109 $ 60 $ 51 $ 340

Divestitures - Planned Separati

Divestitures - Planned Separation of Worldpay Merchant Solutions Business (Narrative) (Details) - Subsequent Event - Worldpay Merchant Solutions $ in Billions	Jul. 05, 2023 USD ($)
GTCR | Worldpay Merchant Solutions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Ownership interest retained	45%
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Business valuation	$ 18.5
Disposal group, including discontinued operation, consideration	1
Net proceeds from sale	11.7
Proceeds funded by new debt	8.4
Net cash proceeds	$ 5
Discontinued Operations | GTCR
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Percentage of equity interests divestiture	55%

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions		1 Months Ended	6 Months Ended
	Jan. 02, 2020	Jan. 31, 2023	Jun. 30, 2023	Jun. 30, 2022
Business Acquisition
FIS paid redemption value			$ 173	$ 0
Virtus Acquisition
Business Acquisition
Percentage of equity interests acquired	70%
Call option exercise period	2 years
Put option exercise period	3 years
Virtus Acquisition | Virtus Partners
Business Acquisition
Percentage of equity interests acquired		100%
Ownership interest retained by founders	30%
FIS paid redemption value		$ 173

Revenue - Disaggregate Revenue

Revenue - Disaggregate Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue
Revenue	$ 3,746	$ 3,719	$ 7,256	$ 7,210
Recurring
Disaggregation of Revenue
Revenue	3,283	3,241	6,368	6,281
Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	2,949	2,927	5,709	5,651
Software maintenance | Recurring
Disaggregation of Revenue
Revenue	222	215	443	434
Other recurring | Recurring
Disaggregation of Revenue
Revenue	112	99	216	196
Software license | Non-recurring
Disaggregation of Revenue
Revenue	98	96	184	201
Professional services | Non-recurring
Disaggregation of Revenue
Revenue	256	262	512	515
Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	109	120	192	213
North America
Disaggregation of Revenue
Revenue	2,861	2,834	5,528	5,462
All others
Disaggregation of Revenue
Revenue	885	885	1,728	1,748
Corporate and Other
Disaggregation of Revenue
Revenue	60	107	118	200
Corporate and Other | Recurring
Disaggregation of Revenue
Revenue	50	93	101	178
Corporate and Other | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	40	83	80	158
Corporate and Other | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	0	0	1	1
Corporate and Other | Other recurring | Recurring
Disaggregation of Revenue
Revenue	10	10	20	19
Corporate and Other | Software license | Non-recurring
Disaggregation of Revenue
Revenue	0	0	0	0
Corporate and Other | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	3	2	5	4
Corporate and Other | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	7	12	12	18
Corporate and Other | North America
Disaggregation of Revenue
Revenue	27	65	54	115
Corporate and Other | All others
Disaggregation of Revenue
Revenue	33	42	64	85
Operating segments
Disaggregation of Revenue
Revenue	3,746	3,719	7,256	7,210
Operating segments | Banking Solutions
Disaggregation of Revenue
Revenue	1,702	1,678	3,387	3,337
Operating segments | Banking Solutions | Recurring
Disaggregation of Revenue
Revenue	1,432	1,396	2,875	2,794
Operating segments | Banking Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	1,279	1,254	2,578	2,508
Operating segments | Banking Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	91	91	181	183
Operating segments | Banking Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	62	51	116	103
Operating segments | Banking Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	19	23	30	54
Operating segments | Banking Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	156	154	310	298
Operating segments | Banking Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	95	105	172	191
Operating segments | Banking Solutions | North America
Disaggregation of Revenue
Revenue	1,456	1,439	2,895	2,858
Operating segments | Banking Solutions | All others
Disaggregation of Revenue
Revenue	246	239	492	479
Operating segments | Merchant Solutions
Disaggregation of Revenue
Revenue	1,312	1,302	2,416	2,414
Operating segments | Merchant Solutions | Recurring
Disaggregation of Revenue
Revenue	1,305	1,300	2,407	2,410
Operating segments | Merchant Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	1,284	1,276	2,365	2,364
Operating segments | Merchant Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	1	1	1	1
Operating segments | Merchant Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	20	23	41	45
Operating segments | Merchant Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	0	1	2	2
Operating segments | Merchant Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	0	0	0	0
Operating segments | Merchant Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	7	1	7	2
Operating segments | Merchant Solutions | North America
Disaggregation of Revenue
Revenue	954	955	1,730	1,740
Operating segments | Merchant Solutions | All others
Disaggregation of Revenue
Revenue	358	347	686	674
Operating segments | Capital Market Solutions
Disaggregation of Revenue
Revenue	672	632	1,335	1,259
Operating segments | Capital Market Solutions | Recurring
Disaggregation of Revenue
Revenue	496	452	985	899
Operating segments | Capital Market Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	346	314	686	621
Operating segments | Capital Market Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	130	123	260	249
Operating segments | Capital Market Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	20	15	39	29
Operating segments | Capital Market Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	79	72	152	145
Operating segments | Capital Market Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	97	106	197	213
Operating segments | Capital Market Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	0	2	1	2
Operating segments | Capital Market Solutions | North America
Disaggregation of Revenue
Revenue	424	375	849	749
Operating segments | Capital Market Solutions | All others
Disaggregation of Revenue
Revenue	248	257	486	510
Operating segments | Corporate and Other
Disaggregation of Revenue
Revenue	$ 60	$ 107	$ 118	$ 200

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue from contract liability	$ 184	$ 189	$ 502	$ 499
Remaining revenue recognition	$ 23,000		$ 23,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Remaining performance obligation, percentage	30%		30%
Performance obligations expected to be satisfied, expected timing	12 months		12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Remaining performance obligation, percentage	22%		22%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Performance obligations expected to be satisfied, expected timing	13 months		13 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Maximum
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	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Condensed Consolidated Financial Statement Details [Abstract]
Cash and cash equivalents on the consolidated balance sheets	$ 1,982	$ 2,188
Merchant float (in Settlement assets)	2,379	2,625
Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows	$ 4,361	$ 4,813	$ 4,080	$ 4,283

Condensed Consolidated Financ_4

Condensed Consolidated Financial Statement Details - Settlement Assets (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Settlement assets
Settlement deposits	$ 443	$ 492
Merchant float	2,379	2,625
Settlement receivables	1,278	2,738
Total Settlement assets	$ 4,100	$ 5,855

Condensed Consolidated Financ_5

Condensed Consolidated Financial Statement Details - Schedule of Intangible Assets, Software and Property and Equipment (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Condensed Consolidated Financial Statement Details [Abstract]
Intangible assets, cost	$ 18,464	$ 18,260
Intangible assets, accumulated depreciation and amortization	10,380	9,304
Intangible assets, net	8,084	8,956
Software, cost	6,827	6,607
Software, accumulated depreciation and amortization	3,559	3,369
Software, net	3,268	3,238
Property and equipment, cost	2,436	2,381
Property and equipment, accumulated depreciation and amortization	1,607	1,519
Property and equipment, net	$ 829	$ 862

Condensed Consolidated Financ_6

Condensed Consolidated Financial Statement Details - Intangible Assets, Software and Impairments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Amortization expense of intangible assets	$ 499	$ 545	$ 996	$ 1,102
Asset impairments	6,841	29	6,841	87
Non-Strategic Business
Finite-Lived Intangible Assets [Line Items]
Asset impairments		29		29
Real-Estate Related Assets
Finite-Lived Intangible Assets [Line Items]
Asset impairments				58
Property and Equipment
Finite-Lived Intangible Assets [Line Items]
Depreciation expense	56	64	114	137
Software
Finite-Lived Intangible Assets [Line Items]
Amortization expense	246	274	497	561
Platform Initiatives
Finite-Lived Intangible Assets [Line Items]
Software amortization expense	11	$ 47	27	$ 109
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	7,894		7,894
Trademarks and Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 190		$ 190

Condensed Consolidated Financ_7

Condensed Consolidated Financial Statement Details - Goodwill (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2023	Jun. 30, 2023
Goodwill
Beginning balance			$ 34,276
Asset impairments			(6,839)
Foreign currency adjustments			244
Ending balance	$ 27,681	$ 34,276	27,681	$ 27,681
Merchant Solutions
Goodwill
Asset impairments	(6,800)	(17,600)	(6,800)	(24,400)
Corporate And Other
Goodwill
Beginning balance			20
Asset impairments		(94)	0
Foreign currency adjustments			0
Ending balance	20	20	20	20
Operating segments | Banking Solutions
Goodwill
Beginning balance			12,536
Asset impairments			0
Foreign currency adjustments			9
Ending balance	12,545	12,536	12,545	12,545
Operating segments | Merchant Solutions
Goodwill
Beginning balance			17,460
Asset impairments			(6,839)
Foreign currency adjustments			206
Ending balance	10,827	17,460	10,827	10,827
Operating segments | Capital Market Solutions
Goodwill
Beginning balance			4,260
Asset impairments			0
Foreign currency adjustments			29
Ending balance	$ 4,289	$ 4,260	$ 4,289	$ 4,289

Condensed Consolidated Financ_8

Condensed Consolidated Financial Statement Details - Goodwill - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2023	Jun. 30, 2023
Goodwill [Line Items]
Goodwill impairment loss			$ 6,839
Net of accumulated impairment charges	$ 24,500	$ 24,500	24,500	$ 24,500
Merchant Solutions
Goodwill [Line Items]
Goodwill impairment loss	$ 6,800	17,600	6,800	$ 24,400
Corporate and Other
Goodwill [Line Items]
Goodwill impairment loss		$ 94	$ 0

Condensed Consolidated Financ_9

Condensed Consolidated Financial Statement Details - Visa Europe and Contingent Value Rights - Narrative (Details) - Visa Europe to Visa, Inc. - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Contingent Value Rights [Line Items]
Contingent value rights, fair value	$ 361		$ 361		$ 342
Unrealized change in equity investments	$ 9	$ 25	$ 6	$ 49
Convertible Preferred Stock | Former Legacy Worldpay Owners
Contingent Value Rights [Line Items]
Percentage of disposal proceeds due to counterparty, net of tax (percent)	90%		90%
Preferred Stock
Contingent Value Rights [Line Items]
Contingent value rights, fair value	$ 80		$ 80		$ 55

Condensed Consolidated Finan_10

Condensed Consolidated Financial Statement Details - Equity Security Investments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Other nonoperating income (expense)
Equity Securities without Readily Determinable Fair Value [Line Items]
Gains (losses) on investments, realized and unrealized	$ (32)	$ 6	$ (34)	$ 47
Other Noncurrent Assets
Equity Securities without Readily Determinable Fair Value [Line Items]
Equity securities without readily determinable fair values	$ 365		$ 365		$ 393

Deferred Contract Costs - Sched

Deferred Contract Costs - Schedule of Deferred Contract Cost (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Capitalized Contract Cost
Total Deferred contract costs, net	$ 1,124	$ 1,080
Contract costs on implementations in progress
Capitalized Contract Cost
Total Deferred contract costs, net	209	250
Contract origination costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	645	579
Contract fulfillment costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	$ 270	$ 251

Deferred Contract Costs - Narra

Deferred Contract Costs - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Capitalized Contract Cost
Amortization of contract costs	$ 85	$ 92	$ 176	$ 188
Platform Initiatives
Capitalized Contract Cost
Amortization of contract costs	$ 2	$ 12	$ 5	$ 28

Debt - Schedule of Long-Term De

Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Millions		6 Months Ended
	Jul. 01, 2023	Jun. 30, 2023	Dec. 31, 2022	Jul. 13, 2022
Long-Term Debt
Other		$ (654)	$ (622)
Total long-term debt, including current portion		14,374	16,340
Current portion of long-term debt		(785)	(2,133)
Long-term debt, excluding current portion		$ 13,589	14,207
Maximum | SOFR | Subsequent Event
Long-Term Debt
Applicable margin	0.428%
Revolving Credit Facility
Long-Term Debt
Weighted average interest rate		6.30%
Revolving credit facility		$ 301	280
Unused commitment fee		0.225%
Revolving Credit Facility | Maximum | One month LIBOR
Long-Term Debt
Applicable margin		1.625%
Incremental Revolving Credit Facility
Long-Term Debt
Revolving credit facility		$ 0	0
Unused commitment fee		0.225%
Incremental Revolving Credit Facility | Maximum
Long-Term Debt
Applicable margin		0.625%
Incremental Revolving Credit Facility | Maximum | SOFR
Long-Term Debt
Applicable margin		0.10%
Incremental Revolving Credit Facility | Maximum | Base Rate
Long-Term Debt
Applicable margin		1.625%
Senior notes | Minimum
Long-Term Debt
Debt instrument, stated percentage				4.50%
Senior notes | Maximum
Long-Term Debt
Debt instrument, stated percentage				5.60%
Senior notes | Senior USD Notes
Long-Term Debt
Weighted average interest rate		4%
Senior notes		$ 8,659	9,409
Senior notes | Senior USD Notes | Minimum
Long-Term Debt
Debt instrument, stated percentage		0.60%
Senior notes | Senior USD Notes | Maximum
Long-Term Debt
Debt instrument, stated percentage		5.60%
Senior notes | Senior Euro Notes
Long-Term Debt
Weighted average interest rate		1.90%
Senior notes		$ 4,897	6,154
Senior notes | Senior Euro Notes | Minimum
Long-Term Debt
Debt instrument, stated percentage		0.60%
Senior notes | Senior Euro Notes | Maximum
Long-Term Debt
Debt instrument, stated percentage		3%
Senior notes | Senior GBP Notes
Long-Term Debt
Weighted average interest rate		7.10%
Senior notes		$ 1,171	$ 1,119
Senior notes | Senior GBP Notes | Minimum
Long-Term Debt
Debt instrument, stated percentage		2.30%
Senior notes | Senior GBP Notes | Maximum
Long-Term Debt
Debt instrument, stated percentage		3.40%

Debt - Short-Term Debt (Details

Debt - Short-Term Debt (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Short-term Debt
Other	$ 0	$ 42
Short-term borrowings	$ 5,144	3,797
Commercial paper | FIS credit agreements | Euro-commercial paper notes ("ECP Notes")
Short-term Debt
Short term debt, weighted average interest rate	3.60%
Maturities	183 days
Commercial paper	$ 2,851	2,054
Commercial paper | FIS credit agreements | U.S. commercial paper notes ("USCP Notes")
Short-term Debt
Short term debt, weighted average interest rate	5.50%
Maturities	397 days
Commercial paper	$ 2,293	$ 1,701

Debt - Narrative (Details)

Debt - Narrative (Details) $ in Millions, € in Billions		6 Months Ended
	Jul. 13, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	May 21, 2023 EUR (€)	Mar. 01, 2023 USD ($)	Feb. 28, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 03, 2022 EUR (€)
Debt Instrument
Weighted average interest rate, excluding cross currency interest rate swaps		4.10%
Debt, weighted average interest rate		3.40%
Repayments of long-term debt		$ 44,541	$ 31,358
Difference in carrying value and fair value of long term debt		1,799					$ 1,873
Incremental Revolving Credit Facility
Debt Instrument
Credit facility outstanding						$ 2,000
Borrowing capacity remaining		2,055
Line of credit facility, capacity backstopped		5,144
Revolving Credit Facility
Debt Instrument
Borrowing capacity remaining		2,055
Line of credit facility, capacity backstopped		5,144
FIS credit agreements
Debt Instrument
Unamortized discount (premium), net		$ (650)
Senior notes
Debt Instrument
Repayments of long-term debt	$ 2,500
Senior notes | Minimum
Debt Instrument
Debt instrument, stated percentage	4.50%
Senior notes | Maximum
Debt Instrument
Debt instrument, stated percentage	5.60%
Senior notes
Debt Instrument
Principal amount of debt					$ 750
Senior notes | Senior Euro Notes
Debt Instrument
Principal amount of debt | €				€ 1.3				€ 1
Senior notes | Senior Euro Notes | Minimum
Debt Instrument
Debt instrument, stated percentage		0.60%
Senior notes | Senior Euro Notes | Maximum
Debt Instrument
Debt instrument, stated percentage		3%

Debt - Principal Maturities of

Debt - Principal Maturities of Long-Term Debt (Details) - FIS credit agreements $ in Millions	Jun. 30, 2023 USD ($)
Principal maturities of long-term debt
2023 remaining period	$ 22
2024	1,331
2025	1,448
2026	1,261
2027	2,162
Thereafter	8,892
Total principal payments	15,116
Debt issuance costs, net of accumulated amortization	(92)
Total long-term debt	$ 15,024

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) € in Millions, £ in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 GBP (£)	Jun. 30, 2023 EUR (€)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 GBP (£)	Dec. 31, 2022 EUR (€)
Derivative [Line Items]
(Paid) received net proceeds from settlement of existing cross-currency interest rate swaps	$ 17	$ (645)
Net investment hedges | Senior Euro Notes Maturing 2022 to 2039 and ECP Notes | Senior notes
Derivative [Line Items]
Notional amount | €				€ 7,100			€ 7,646
Net investment hedges | Sterling senior notes due 2022 to 2031 | Senior notes
Derivative [Line Items]
Notional amount | £						£ 726
Interest rate swap
Derivative [Line Items]
(Paid) received net proceeds from settlement of existing cross-currency interest rate swaps	(17)	$ 645
Interest rate swap | Fair value hedging
Derivative [Line Items]
Notional amount	1,854		£ 925	500	$ 1,854	925	500
Derivative liability fair value	616				578
Interest rate swap | Net investment hedges
Derivative [Line Items]
Derivative liability fair value	(150)				(72)
Derivative asset fair value	178				$ 336
Currency swap | Fair value hedging
Derivative [Line Items]
Notional amount | £			925
Derivative liability fair value	$ 2
Currency swap | Net investment hedges
Derivative [Line Items]
Notional amount			£ 2,380	€ 6,343		£ 2,580	€ 6,343

Financial Instruments - Schedul

Financial Instruments - Schedule of Net Investment Hedges (Details) - Designated as Hedging Instrument - Net investment hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on investment hedges	$ (91)	$ 873	$ (312)	$ 1,134
Foreign currency-denominated debt designations
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on investment hedges	(7)	492	(123)	666
Cross-currency interest rate swap designations
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on investment hedges	$ (84)	$ 381	$ (189)	$ 468

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	1 Months Ended	6 Months Ended
	Jan. 31, 2023 USD ($)	Jun. 30, 2023 USD ($) claim	Dec. 31, 2022 USD ($)
Loss Contingencies
Tax receivable agreement commitment (percent)		85%
Payments from the exercise of call options	$ 138
Tax receivable agreement obligations		$ 138	$ 266
Pending litigation | Potential tax liability | Secretariat of the federal revenue bureau of brazil
Loss Contingencies
Loss contingency, number of pending claims | claim		14
Loss contingency, active claims, number | claim		13
Loss contingency, value of damages sought		$ 13
Loss contingency, number of potential new claims filed | claim		24
Loss contingency, potential additional claims amount sought		$ 36
Loss contingency, number of total pending and potential pending claims | claim		38
Pending litigation | Potential tax liability | Secretariat of the federal revenue bureau of brazil | Maximum
Loss Contingencies
Loss contingency, estimate of possible loss		$ 49

Net Earnings (Loss) per Share -

Net Earnings (Loss) per Share - Schedule of Earnings (Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net earnings attributable to FIS common stockholders	$ (6,596)	$ 277	$ (6,456)	$ 397
Weighted average shares outstanding-basic (in shares)	592	608	592	609
Plus: Common stock equivalent shares (in shares)	0	3	0	3
Weighted average shares outstanding-diluted (in shares)	592	611	592	612
Net earnings per share-basic attributable to FIS common stockholders (in dollars per share)	$ (11.14)	$ 0.46	$ (10.91)	$ 0.65
Net earnings per share-diluted attributable to FIS common stockholders (in dollars per share)	$ (11.14)	$ 0.45	$ (10.91)	$ 0.65

Net Earnings (Loss) per Share_2

Net Earnings (Loss) per Share - Narrative (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jan. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (less than) (in shares)	2		1
Number of shares authorized to be repurchased (in shares)					100
Remaining number of shares authorized to be repurchased (in shares)	64		64
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) (in shares)	9	5	9	5

Segment Information - Narrative

Segment Information - Narrative (Details) $ in Millions	3 Months Ended			6 Months Ended		9 Months Ended
	Jun. 30, 2023 USD ($) country	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) country	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) country	Jul. 05, 2023
Segment Reporting Information
Goodwill impairment loss				$ 6,839
Asset impairments	$ 6,841		$ 29	6,841	$ 87
Subsequent Event | GTCR | Discontinued Operations | Worldpay Merchant Solutions
Segment Reporting Information
Percentage of equity stake							55%
Real-Estate Related Assets
Segment Reporting Information
Asset impairments					58
Non-Strategic Business
Segment Reporting Information
Asset impairments			29		29
Platform Modernization | Software and Deferred Contract Cost Assets
Segment Reporting Information
Incremental charges	$ 13		$ 42	$ 32	$ 94
Banking Solutions | Minimum
Segment Reporting Information
Number of countries we operate in (more than) | country	100			100		100
Merchant Solutions
Segment Reporting Information
Goodwill impairment loss	$ 6,800	$ 17,600		$ 6,800		$ 24,400
Merchant Solutions | Minimum
Segment Reporting Information
Number of countries we operate in (more than) | country	100			100		100
Capital Market Solutions | Minimum
Segment Reporting Information
Number of countries we operate in (more than) | country	100			100		100
Revenue | Revenue from Rights Concentration Risk | Minimum
Segment Reporting Information
Percentage of revenue	1%			1%

Segment Information - Schedule

Segment Information - Schedule of Acquisition, Integration and Other Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information
Acquisition and integration	$ 9	$ 30	$ 16	$ 75
Total acquisition, integration and other costs	140	221	265	410
One-Time Performance-Related Awards
Segment Reporting Information
Stock-based compensation, primarily from certain performance-based awards	6	41	6	65
Worldpay Merchant Solutions
Segment Reporting Information
Planned separation of the Worldpay Merchant Solutions business	20	0	31	0
Enterprise Costs Control and Other Initiatives
Segment Reporting Information
Other, including divestiture-related expenses and enterprise cost control and other initiatives	4	34	8	63
Platform Initiatives | Enterprise Cost Control Initiatives and Changes in Senior Management
Segment Reporting Information
Severance and other termination expenses, including those associated with enterprise cost control initiatives and changes in senior management	23	36	51	47
Future Forward | Platform Modernization
Segment Reporting Information
Enterprise transformation, including Future Forward and platform modernization	$ 78	$ 80	$ 153	$ 160

Segment Information - Summarize

Segment Information - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Information
Revenue	$ 3,746	$ 3,719	$ 7,256	$ 7,210
Depreciation and amortization (including purchase accounting amortization)			1,782	1,988
Acquisition, integration and other costs	9	30	16	75
Asset impairments	6,841	29	6,841	87
Acquisition, integration and other costs	(9)	(30)	(16)	(75)
Asset impairments	(6,841)	(29)	(6,841)	(87)
Interest expense, net	(153)	(47)	(291)	(90)
Other income (expense), net	(53)	30	(63)	92
(Provision) benefit for income taxes	(72)	(77)	(121)	(132)
Net earnings attributable to noncontrolling interest	(2)	(3)	(3)	(4)
Net earnings attributable to FIS common stockholders	(6,596)	277	(6,456)	397
Capital expenditures	287	340	566	752
Capital lease obligations	20		20
Banking Solutions
Segment Information
Capital expenditures	97	120	195	278
Merchant Solutions
Segment Information
Capital expenditures	103	109	205	252
Capital Market Solutions
Segment Information
Capital expenditures	64	60	127	144
Corporate and Other
Segment Information
Revenue	60	107	118	200
Capital expenditures	23	51	39	78
Operating segments
Segment Information
Revenue	3,746	3,719	7,256	7,210
Operating expenses	(10,062)	(3,345)	(13,234)	(6,679)
Depreciation and amortization (including purchase accounting amortization)	886	975	1,782	1,988
Acquisition, integration and other costs	140	221	265	410
Asset impairments	6,841	29	6,841	87
Adjusted EBITDA	1,551	1,599	2,910	3,016
Acquisition, integration and other costs	(140)	(221)	(265)	(410)
Asset impairments	(6,841)	(29)	(6,841)	(87)
Operating segments | Banking Solutions
Segment Information
Revenue	1,702	1,678	3,387	3,337
Operating expenses	(1,132)	(1,081)	(2,296)	(2,185)
Depreciation and amortization (including purchase accounting amortization)	154	149	309	302
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Adjusted EBITDA	724	746	1,400	1,454
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Operating segments | Merchant Solutions
Segment Information
Revenue	1,312	1,302	2,416	2,414
Operating expenses	(776)	(778)	(1,495)	(1,459)
Depreciation and amortization (including purchase accounting amortization)	97	89	193	181
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Adjusted EBITDA	633	613	1,114	1,136
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Operating segments | Capital Market Solutions
Segment Information
Revenue	672	632	1,335	1,259
Operating expenses	(423)	(405)	(859)	(818)
Depreciation and amortization (including purchase accounting amortization)	88	84	181	170
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Adjusted EBITDA	337	311	657	611
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Operating segments | Corporate and Other
Segment Information
Revenue	60	107	118	200
Operating expenses	(7,731)	(1,081)	(8,584)	(2,217)
Depreciation and amortization (including purchase accounting amortization)	547	653	1,099	1,335
Acquisition, integration and other costs	140	221	265	410
Asset impairments	6,841	29	6,841	87
Adjusted EBITDA	(143)	(71)	(261)	(185)
Acquisition, integration and other costs	(140)	(221)	(265)	(410)
Asset impairments	(6,841)	(29)	(6,841)	(87)
Segment reconciling items
Segment Information
Acquisition, integration and other costs	140	221	265	410
Asset impairments	6,841	29	6,841	87
Adjusted EBITDA	1,551	1,599	2,910	3,016
Depreciation and amortization	(338)	(347)	(686)	(710)
Purchase accounting amortization	(548)	(628)	(1,096)	(1,278)
Acquisition, integration and other costs	(140)	(221)	(265)	(410)
Asset impairments	(6,841)	(29)	(6,841)	(87)
Interest expense, net		(47)
Other income (expense), net		30		92
(Provision) benefit for income taxes	$ (72)	$ (77)	$ (121)	$ (132)

Subsequent Event (Details)

Subsequent Event (Details)	Jul. 05, 2023
GTCR | Discontinued Operations | Worldpay Merchant Solutions | Subsequent Event
Subsequent Event [Line Items]
Percentage of equity interests divestiture	55%