Fidelity National Information Services (FIS) 10-Q 7 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Nov. 03, 2023
Document Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 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)		592,483,601
Entity Central Index Key	0001136893
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Common Stock, par value $0.01 per share
Document Information
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	FIS
Security Exchange Name	NYSE
1.100% Senior Notes due 2024
Document Information
Title of 12(b) Security	1.100% Senior Notes due 2024
Trading Symbol	FIS24A
Security Exchange Name	NYSE
0.625% Senior Notes due 2025
Document Information
Title of 12(b) Security	0.625% Senior Notes due 2025
Trading Symbol	FIS25B
Security Exchange Name	NYSE
1.500% Senior Notes due 2027
Document Information
Title of 12(b) Security	1.500% Senior Notes due 2027
Trading Symbol	FIS27
Security Exchange Name	NYSE
1.000% Senior Notes due 2028
Document Information
Title of 12(b) Security	1.000% Senior Notes due 2028
Trading Symbol	FIS28
Security Exchange Name	NYSE
2.250% Senior Notes due 2029
Document Information
Title of 12(b) Security	2.250% Senior Notes due 2029
Trading Symbol	FIS29
Security Exchange Name	NYSE
2.000% Senior Notes due 2030
Document Information
Title of 12(b) Security	2.000% Senior Notes due 2030
Trading Symbol	FIS30
Security Exchange Name	NYSE
3.360% Senior Notes due 2031
Document Information
Title of 12(b) Security	3.360% Senior Notes due 2031
Trading Symbol	FIS31
Security Exchange Name	NYSE
2.950% Senior Notes due 2039
Document Information
Title of 12(b) Security	2.950% Senior Notes due 2039
Trading Symbol	FIS39
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 466	$ 456
Settlement assets	605	592
Trade receivables, net of allowance for credit losses of $35 and $31, respectively	1,719	1,834
Other receivables	315	437
Prepaid expenses and other current assets	546	509
Current assets held for sale	8,502	8,990
Total current assets	12,153	12,818
Property and equipment, net	682	709
Goodwill	16,811	16,816
Intangible assets, net	1,947	2,468
Software, net	2,082	2,055
Other noncurrent assets	1,616	1,705
Deferred contract costs, net	1,008	973
Noncurrent assets held for sale	16,875	25,734
Total assets	53,174	63,278
Current liabilities:
Accounts payable, accrued and other liabilities	1,473	1,583
Settlement payables	631	613
Deferred revenue	739	777
Short-term borrowings	4,595	3,755
Current portion of long-term debt	1,320	2,130
Current liabilities held for sale	7,323	7,366
Total current liabilities	16,081	16,224
Long-term debt, excluding current portion	12,741	14,206
Deferred income taxes	2,346	2,689
Other noncurrent liabilities	1,478	1,382
Noncurrent liabilities held for sale	1,044	1,371
Total liabilities	33,690	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 September 30, 2023, and December 31, 2022	0	0
Common stock $0.01 par value, 750 shares authorized, 631 and 630 shares issued as of September 30, 2023, and December 31, 2022, respectively	6	6
Additional paid in capital	46,895	46,735
(Accumulated deficit) retained earnings	(22,808)	(14,971)
Accumulated other comprehensive earnings (loss)	(408)	(360)
Treasury stock, $0.01 par value, 39 and 39 common shares as of September 30, 2023, and December 31, 2022, respectively, at cost	(4,208)	(4,192)
Total FIS stockholders' equity	19,477	27,218
Noncontrolling interest	7	8
Total equity	19,484	27,226
Total liabilities, redeemable noncontrolling interest and equity	$ 53,174	$ 63,278

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Trade receivables, net	$ 35	$ 31
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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenue	$ 2,489	$ 2,415	$ 7,311	$ 7,194
Cost of revenue	1,523	1,534	4,610	4,646
Gross profit	966	881	2,701	2,548
Selling, general, and administrative expenses	484	480	1,557	1,623
Asset impairments	7	17	8	86
Operating income (loss)	475	384	1,136	839
Other income (expense):
Interest expense, net	(162)	(78)	(464)	(169)
Other income (expense), net	22	18	(91)	53
Total other income (expense), net	(140)	(60)	(555)	(116)
Earnings (loss) before income taxes	335	324	581	723
Provision (benefit) for income taxes	74	102	139	218
Net earnings (loss) from continuing operations	261	222	442	505
Earnings (loss) from discontinued operations, net of tax	(708)	32	(7,342)	150
Net earnings (loss)	(447)	254	(6,900)	655
Net (earnings) loss attributable to noncontrolling interest from continuing operations	(1)	(4)	(2)	(6)
Net (earnings) loss attributable to noncontrolling interest from discontinued operations	(1)	(1)	(3)	(3)
Net earnings (loss) attributable to FIS	(449)	249	(6,905)	646
Net earnings (loss) attributable to FIS:
Continuing operations	260	218	440	499
Discontinued operations	(709)	31	(7,345)	147
Net earnings (loss) attributable to FIS	$ (449)	$ 249	$ (6,905)	$ 646
Basic earnings (loss) per common share attributable to FIS:
Continuing operations (in dollars per share)	$ 0.44	$ 0.36	$ 0.74	$ 0.82
Discontinued operations (in dollars per share)	(1.20)	0.05	(12.41)	0.24
Basic earnings (loss) per common share attributable to FIS (in dollars per share)	(0.76)	0.41	(11.66)	1.06
Diluted earnings (loss) per common share attributable to FIS:
Continuing operations (in dollars per share)	0.44	0.36	0.74	0.82
Discontinued operations (in dollars per share)	(1.20)	0.05	(12.41)	0.24
Diluted earnings (loss) per common share attributable to FIS (in dollars per share)	$ (0.76)	$ 0.41	$ (11.66)	$ 1.06
Weighted average common shares outstanding:
Basic (in shares)	592	605	592	608
Diluted (in shares)	592	607	592	611

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (447)	$ 254	$ (6,900)	$ 655
Other comprehensive earnings (loss), before tax:
Foreign currency translation adjustments	(337)	(1,410)	102	(3,311)
Change in fair value of net investment hedges	208	1,324	(213)	2,852
Excluded components of fair value hedges	84	0	61	0
Other adjustments	2	6	3	11
Other comprehensive earnings (loss), before tax	(43)	(80)	(47)	(448)
Provision for income tax (expense) benefit related to items of other comprehensive earnings (loss)	(34)	(112)	(1)	(196)
Other comprehensive earnings (loss), net of tax	(77)	(192)	(48)	(644)
Comprehensive earnings (loss)	(524)	62	(6,948)	11
Net earnings attributable to noncontrolling interest	(2)	(5)	(5)	(9)
Comprehensive earnings (loss) attributable to FIS common stockholders	$ (526)	$ 57	$ (6,953)	$ 2

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
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	[1]
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		4
Issuance of restricted stock	5			5
Exercise of stock options	57			57
Purchases of treasury stock (in shares)			(14)
Purchases of treasury stock	(1,321)		$ (1,321)
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	(98)		$ (98)
Stock-based compensation	198			198
Cash dividends declared and other distributions	(869)				(862)		(7)	[1]
Net earnings (loss)	651				646		5	[1]
Other comprehensive earnings (loss), net of tax	(644)					(644)
Ending balance (in shares) at Sep. 30, 2022		629
Ending balance (in shares) at Sep. 30, 2022			(31)
Ending balance at Sep. 30, 2022	45,337	$ 6	$ (3,685)	46,726	2,673	(392)	9	[1]
Beginning balance (in shares) at Jun. 30, 2022		628
Beginning balance (in shares) at Jun. 30, 2022			(20)
Beginning balance at Jun. 30, 2022	46,515	$ 6	$ (2,643)	46,634	2,709	(200)	9	[1]
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		1
Exercise of stock options	39			39
Purchases of treasury stock (in shares)			(11)
Purchases of treasury stock	(1,021)		$ (1,021)
Treasury shares held for taxes due upon exercise of stock awards	(21)		$ (21)
Stock-based compensation	53			53
Cash dividends declared and other distributions	(287)				(285)		(2)	[1]
Net earnings (loss)	251				249		2	[1]
Other comprehensive earnings (loss), net of tax	(192)					(192)
Ending balance (in shares) at Sep. 30, 2022		629
Ending balance (in shares) at Sep. 30, 2022			(31)
Ending balance at Sep. 30, 2022	$ 45,337	$ 6	$ (3,685)	46,726	2,673	(392)	9	[1]
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	[2]
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		1
Exercise of stock options	40			40
Treasury shares held for taxes due upon exercise of stock awards	(16)		$ (16)
Stock-based compensation	113			113
Cash dividends declared and other distributions	(938)				(932)		(6)	[2]
Other	7			7
Net earnings (loss)	(6,900)				(6,905)		5	[2]
Other comprehensive earnings (loss), net of tax	$ (48)					(48)
Ending balance (in shares) at Sep. 30, 2023		631
Ending balance (in shares) at Sep. 30, 2023	(39)		(39)
Ending balance at Sep. 30, 2023	$ 19,484	$ 6	$ (4,208)	46,895	(22,808)	(408)	7	[2]
Beginning balance (in shares) at Jun. 30, 2023		631
Beginning balance (in shares) at Jun. 30, 2023			(39)
Beginning balance at Jun. 30, 2023	20,273	$ 6	$ (4,207)	46,846	(22,048)	(331)	7	[2]
Increase (Decrease) in Stockholders' Equity
Treasury shares held for taxes due upon exercise of stock awards	(1)		$ (1)
Stock-based compensation	49			49
Cash dividends declared and other distributions	(313)				(311)		(2)	[2]
Net earnings (loss)	(447)				(449)		2	[2]
Other comprehensive earnings (loss), net of tax	$ (77)					(77)
Ending balance (in shares) at Sep. 30, 2023		631
Ending balance (in shares) at Sep. 30, 2023	(39)		(39)
Ending balance at Sep. 30, 2023	$ 19,484	$ 6	$ (4,208)	$ 46,895	$ (22,808)	$ (408)	$ 7	[2]
[1]Excludes redeemable noncontrolling interest that is not considered equity.[2]Excludes redeemable noncontrolling interest that is not considered equity.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 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	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net earnings (loss)	$ (6,900)	$ 655
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	2,245	2,920
Amortization of debt issuance costs	22	23
Asset impairments	6,850	104
Loss on assets held for sale	1,549	0
Loss (gain) on sale of businesses, investments and other	31	(13)
Stock-based compensation	116	198
Deferred income taxes	(624)	(519)
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade and other receivables	226	161
Settlement activity	(252)	(38)
Prepaid expenses and other assets	(73)	(250)
Deferred contract costs	(320)	(314)
Deferred revenue	(38)	(59)
Accounts payable, accrued liabilities and other liabilities	(22)	(70)
Net cash provided by operating activities	2,810	2,798
Cash flows from investing activities:
Additions to property and equipment	(108)	(216)
Additions to software	(736)	(867)
Settlement of net investment hedge cross-currency interest rate swaps	(20)	684
Net proceeds from sale of businesses and investments	45	12
Net proceeds from sale of Visa preferred stock	0	269
Other investing activities, net	(37)	(50)
Net cash provided by (used in) investing activities	(856)	(168)
Cash flows from financing activities:
Borrowings	64,461	50,006
Repayment of borrowings and other financing obligations	(65,868)	(49,349)
Debt issuance costs	(2)	(23)
Net proceeds from stock issued under stock-based compensation plans	41	53
Treasury stock activity	(16)	(1,390)
Dividends paid	(926)	(858)
Payments on contingent value rights	0	(186)
Payments on tax receivable agreement	(162)	(138)
Purchase of noncontrolling interest	(173)	0
Other financing activities, net	(13)	(5)
Net cash provided by (used in) financing activities	(2,658)	(1,890)
Effect of foreign currency exchange rate changes on cash	(28)	(782)
Net increase (decrease) in cash, cash equivalents and restricted cash	(732)	(42)
Cash, cash equivalents and restricted cash, beginning of period	4,813	4,283
Cash, cash equivalents and restricted cash, end of period	4,081	4,241
Supplemental cash flow information:
Cash paid for interest	583	311
Cash paid for income taxes	$ 330	$ 664

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 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. 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"). FIS will retain a non-controlling 45% ownership interest in a new standalone joint venture. The transaction is expected to close in 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 Merchant Solutions business is expected to be reported as equity method investment earnings. In accordance with ASC 205-20, the Company analyzed quantitative and qualitative factors relevant to the Worldpay Merchant Solutions disposal group and determined that the accounting criteria to be classified as held for sale were met during the third quarter of fiscal year 2023 when the definitive agreement was signed. Accordingly, the assets and liabilities of the disposal group are presented separately on the consolidated balance sheets for all periods presented. In addition, the planned disposition represents a strategic shift that will have a major impact on the Company's operations and financial results. As a result, the operating results of the Worldpay Merchant Solutions business have been reflected as discontinued operations for all periods presented and as such, have been excluded from continuing operations and segment results. The Company's cash flows are presented inclusive of discontinued operations on the consolidated statement of cash flows for all periods presented. Total cash flows from operating, investing and financing activities for discontinued operations are presented in Note 2. The Worldpay Merchant Solutions business includes the former Merchant Solutions segment in addition to an insignificant non-strategic business previously included in the Corporate and Other segment, which have been recast as discontinued operations for all periods presented. Accordingly, the Company no longer reports the Merchant Solutions Segment; it now reports its financial performance based on the following segments: Banking 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. 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.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations Pending Sale of Worldpay Merchant Solutions Business The following table represents a reconciliation of the major components of discontinued operations, net of tax, presented in the consolidated statements of earnings (loss) (in millions). The Company's presentation of discontinued operations excludes general corporate overhead costs which were historically allocated to the Worldpay Merchant Solutions business. Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Major components of discontinued operations before income taxes: Revenue $ 1,201 $ 1,189 $ 3,636 $ 3,620 Cost of revenue (193) (613) (1,462) (1,978) Selling, general, and administrative expenses (520) (498) (1,486) (1,470) Asset impairments (4) — (6,843) (18) Interest income (expense), net 4 2 15 3 Other, net (30) (60) 17 (5) Earnings (loss) from discontinued operations related to major classes of pretax earning (loss) 458 20 (6,123) 152 Loss on assets held for sale (1,549) — (1,549) — Earnings (loss) from discontinued operations (1,091) 20 (7,672) 152 Provision (benefit) for income taxes (382) (11) (327) 5 Earnings (loss) from discontinued operations, net of tax $ (709) $ 31 $ (7,345) $ 147 The following table represents the major classes of assets and liabilities of the disposal group classified as held for sale presented in the consolidated balance sheets as of September 30, 2023, and December 31, 2022 (in millions). Assets held for sale are reported at the lower of their carrying value or fair value less cost to sell and are not depreciated or amortized. September 30, 2023 December 31, 2022 Major classes of assets included in discontinued operations: Cash and cash equivalents $ 1,356 $ 1,732 Settlement assets 5,243 5,264 Trade receivables, net of allowance for credit losses of $60 and $44, respectively 1,753 1,864 Prepaid expenses and other current assets 150 130 Total current assets 8,502 8,990 Property and equipment, net 143 153 Goodwill 10,711 17,460 Intangible assets, net 5,854 6,488 Software, net 1,226 1,183 Other noncurrent assets 490 450 Total noncurrent assets 18,424 25,734 Less valuation allowance (1,549) — Total assets of the disposal group classified as held for sale $ 25,377 $ 34,724 Major classes of liabilities included in discontinued operations: Accounts payable, accrued and other liabilities $ 1,068 $ 1,171 Settlement payables 6,210 6,140 Other current liabilities 45 55 Total current liabilities 7,323 7,366 Deferred income taxes 586 861 Other noncurrent liabilities 458 510 Total noncurrent liabilities 1,044 1,371 Total liabilities of the disposal group classified as held for sale $ 8,367 $ 8,737 The following table presents cash flows from operating and investing activities for discontinued operations (in millions). Nine months ended September 30, 2023 2022 Cash provided by (used in) operating activities - discontinued operations $ 1,509 $ 1,639 Cash provided by (used in) investing activities - discontinued operations (1) $ (260) $ (24) Cash provided by (used in) financing activities - discontinued operations $ (188) $ (435) (1) Our capital expenditures from discontinued operations for the nine month periods ended September 30, 2023 and 2022, were $260 million and $292 million, respectively. The nine month period ended September 30, 2022, includes $269 million net proceeds from the sale of Visa preferred stock. Settlement Assets The principal components of the Company's settlement assets of the disposal group are as follows (in millions): September 30, 2023 December 31, 2022 Settlement assets Settlement deposits $ 86 $ 55 Merchant float 2,259 2,625 Settlement receivables 2,898 2,584 Total Settlement assets $ 5,243 $ 5,264 Held-for-sale Disposal Group Measurement In accordance with ASC 360, a held-for-sale disposal group is measured at the lower of its carrying value or fair value less cost to sell. Measuring the disposal group is a two-step process requiring the carrying amount of the disposal group's assets outside the scope of ASC 360, such as goodwill, which is tested for impairment under ASC 350, to be first adjusted by applying other relevant guidance before adjusting the carrying value of the overall disposal group. The Company evaluated the goodwill of the disposal group for impairment as of September 30, 2023, by performing a quantitative assessment that estimated the fair value of the disposal group using a market approach based on the price at which the Company agreed to sell a majority interest in the Worldpay Merchant Solutions business. As of September 30, 2023, the estimated fair value of the disposal group approximated its carrying value, inclusive of related deferred tax liabilities assigned to the reporting unit for purposes of the goodwill impairment assessment in accordance with ASC 350 but not classified as liabilities held for sale in accordance with ASC 360 because these deferred tax liabilities will not be transferred in the transaction. Based on the assessment, no goodwill impairment was recorded. The carrying value of the overall disposal group was then assessed by comparing its value, inclusive of cumulative translation adjustment losses and exclusive of deferred tax liabilities not classified as part of the disposal group's assets held for sale, to the estimated fair value less estimated cost to sell. Based on this assessment, the carrying value of the disposal group was reduced by $1.5 billion, primarily as a result of the exclusion of certain deferred tax liabilities that will not be transferred in the transaction. The reduction was recorded as a valuation allowance against the Company's assets held for sale, and the allowance will continue to be updated as the disposal group continues to be remeasured at each subsequent reporting date until the sale has closed. Asset Impairments During the second quarter of 2023, the Company recorded a $6.8 billion goodwill impairment because the estimated fair value of the Worldpay Merchant Solutions reporting unit, now reported as assets held for sale, was less than its carrying value. To estimate the fair value of such reporting unit, we used a market approach based on the price, inclusive of estimated selling price adjustments and fair value of contingent consideration, at which the Company had subsequently agreed to sell a majority interest in the Worldpay Merchant Solutions business to GTCR, as discussed in Note 1. Commitments and Contingencies of the Disposal Group Chargeback Liability Through services offered in the Worldpay Merchant Solutions disposal group, 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

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	AcquisitionsVirtus AcquisitionOn 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	9 Months Ended
	Sep. 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. For the three months ended September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,509 $ 413 $ 34 $ 1,956 All others 247 264 22 533 Total $ 1,756 $ 677 $ 56 $ 2,489 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,334 $ 349 $ 31 $ 1,714 Software maintenance 92 135 — 227 Other recurring 67 21 11 99 Total recurring 1,493 505 42 2,040 Software license 47 76 8 131 Professional services 126 96 2 224 Other non-recurring fees 90 — 4 94 Total $ 1,756 $ 677 $ 56 $ 2,489 For the three months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,437 $ 389 $ 59 $ 1,885 All others 266 244 20 530 Total $ 1,703 $ 633 $ 79 $ 2,415 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,251 $ 324 $ 62 $ 1,637 Software maintenance 89 123 — 212 Other recurring 55 15 9 79 Total recurring 1,395 462 71 1,928 Software license 69 66 — 135 Professional services 153 104 2 259 Other non-recurring fees 86 1 6 93 Total $ 1,703 $ 633 $ 79 $ 2,415 For the nine months ended September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,405 $ 1,262 $ 92 $ 5,759 All others 739 749 64 1,552 Total $ 5,144 $ 2,011 $ 156 $ 7,311 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,911 $ 1,035 $ 95 $ 5,041 Software maintenance 273 394 1 668 Other recurring 183 60 31 274 Total recurring 4,367 1,489 127 5,983 Software license 78 228 8 314 Professional services 436 293 7 736 Other non-recurring fees 263 1 14 278 Total $ 5,144 $ 2,011 $ 156 $ 7,311 For the nine months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,293 $ 1,138 $ 177 $ 5,608 All others 746 754 86 1,586 Total $ 5,039 $ 1,892 $ 263 $ 7,194 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,759 $ 945 $ 205 $ 4,909 Software maintenance 272 372 2 646 Other recurring 158 43 29 230 Total recurring 4,189 1,360 236 5,785 Software license 122 212 — 334 Professional services 451 316 6 773 Other non-recurring fees 277 4 21 302 Total $ 5,039 $ 1,892 $ 263 $ 7,194 Contract Balances The Company recognized revenue of $114 million and $119 million during the three months and $612 million and $611 million during the nine months ended September 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 September 30, 2023, approximately $22.5 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.

Condensed Consolidated Financia

Condensed Consolidated Financial Statement Details	9 Months Ended
	Sep. 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): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 466 $ 456 Merchant float from discontinued operations included in current assets held for sale 2,259 2,625 Cash from discontinued operations included in current assets held for sale 1,356 1,732 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,081 $ 4,813 Settlement Assets The principal components of the Company's settlement assets on the consolidated balance sheets are as follows (in millions): September 30, December 31, Settlement assets Settlement deposits $ 396 $ 439 Settlement receivables 209 153 Total Settlement assets $ 605 $ 592 Intangible Assets, Software and Property and Equipment The following table provides details of Intangible assets, Software and Property and equipment as of September 30, 2023, and December 31, 2022 (in millions): September 30, 2023 December 31, 2022 Cost Accumulated Net Cost Accumulated Net Intangible assets $ 6,434 $ 4,487 $ 1,947 $ 6,474 $ 4,006 $ 2,468 Software $ 4,308 $ 2,226 $ 2,082 $ 4,341 $ 2,286 $ 2,055 Property and equipment $ 2,025 $ 1,343 $ 682 $ 1,973 $ 1,264 $ 709 As of September 30, 2023, Intangible assets, net of amortization, includes $1,840 million of customer relationships and $107 million of trademarks and other intangible assets. Amortization expense with respect to Intangible assets was $170 million and $182 million for the three months and $512 million and $547 million for the nine months ended September 30, 2023 and 2022, respectively. Depreciation expense for property and equipment was $41 million and $41 million for the three months and $124 million and $142 million for the nine months ended September 30, 2023 and 2022, respectively. Amortization expense with respect to software was $148 million and $161 million for the three months and $452 million and $491 million for the nine months ended September 30, 2023 and 2022, respectively. The Company recorded $5 million and $14 million, during the three months and $18 million and $66 million during the nine months ended September 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 nine months ended September 30, 2023, this item includes $7 million and $8 million, respectively, of impairment primarily related to the termination of certain internally developed software projects. For the three months ended September 30, 2022, this item includes $17 million of impairments related primarily to certain software rendered obsolete by the Company's Platform modernization initiatives. For the nine months ended September 30, 2022, the Company also recorded impairments of $43 million related primarily to real estate-related assets as a result of office space reductions and $26 million primarily related to a non-strategic business. Goodwill Changes in goodwill during the nine months ended September 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 Market And Solutions Solutions Other Total Balance, December 31, 2022 $ 12,536 $ 4,260 $ 20 $ 16,816 Foreign currency adjustments (4) (1) — (5) Balance, September 30, 2023 $ 12,532 $ 4,259 $ 20 $ 16,811 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 September 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 September 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. Equity Security Investments

Deferred Contract Costs

Deferred Contract Costs	9 Months Ended
	Sep. 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 September 30, 2023, and December 31, 2022, consisted of the following (in millions): September 30, 2023 December 31, 2022 Contract costs on implementations in progress $ 230 $ 240 Contract origination costs on completed implementations, net 547 516 Contract fulfillment costs on completed implementations, net 231 217 Total Deferred contract costs, net $ 1,008 $ 973 Amortization of deferred contract costs on completed implementations was $77 million and $72 million during the three months and $236 million and $244 million during the nine months ended September 30, 2023 and 2022, respectively.

Debt

Debt	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt	Debt Long-term debt as of September 30, 2023, and December 31, 2022, consisted of the following (in millions): September 30, 2023 Weighted Average Interest Interest September 30, December 31, Rates Rate (1) Maturities 2023 2022 Fixed Rate Notes Senior USD Notes 0.6% - 5.6% 3.6% 2024 - 2052 $ 8,659 $ 9,409 Senior Euro Notes 0.6% - 3.0% 2.9% 2024 - 2039 4,759 6,154 Senior GBP Notes 2.3% - 3.4% 7.3% 2029 - 2031 1,129 1,119 Revolving Credit Facility (2) 6.6% 2026 155 280 Incremental Revolving Credit Facility (3) 2023 — — Other (4) (641) (626) Total long-term debt, including current portion 14,061 16,336 Current portion of long-term debt (1,320) (2,130) Long-term debt, excluding current portion $ 12,741 $ 14,206 (1) The weighted average interest rate includes the impact of the fair value basis adjustments due to interest rate swaps and cross-currency interest rate swaps designated as fair value hedges and excludes the impact of cross-currency interest rate swaps designated as net investment hedges (see Note 8). (2) Interest on the Revolving Credit Facility is generally payable at SOFR plus a margin up to 0.428% dependent on tenor, plus an applicable margin of up to 1.625% and an unused commitment fee of up to 0.225%, each based upon the Company's corporate credit ratings. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) 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 primarily the fair value basis adjustments due to interest rate swaps (see Note 8), unamortized debt issuance costs and unamortized non-cash bond discounts. Short-term borrowings as of September 30, 2023, and December 31, 2022, consisted of the following (in millions): September 30, 2023 Weighted Average Interest September 30, December 31, Rate Maturities 2023 2022 Euro-commercial paper notes ("ECP Notes") 4.0 % Up to 183 days $ 2,196 $ 2,054 U.S. commercial paper notes ("USCP Notes") 5.6 % Up to 397 days 2,399 1,701 Total Short-term borrowings $ 4,595 $ 3,755 The Company is a party to interest rate swaps that, prior to de-designation as fair value hedges, converted a portion of its fixed-rate debt to variable-rate debt. These interest rate swaps were de-designated as fair value hedges of its fixed-rate debt during the quarter ended September 30, 2023. The Company is also party to 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 are designated as fair value hedges. 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. These are designated as net investment hedges. 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 September 30, 2023, the weighted average interest rate of the Company's outstanding debt was 4.3%, including the impact of fair value basis adjustments due to 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 3.5%. See Note 8 for further discussion of the Company's interest rate swaps and cross-currency interest rate swaps and related hedge designations. 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 basis adjustments due to interest rate swaps (see Note 8) and net unamortized non-cash bond discounts of $(650) million as of September 30, 2023 (in millions): Total 2023 remaining period $ 10 2024 1,320 2025 1,435 2026 1,270 2027 1,977 Thereafter 8,785 Total principal payments 14,797 Debt issuance costs, net of accumulated amortization (86) Total long-term debt $ 14,711 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 an 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. FIS intends to amend the Incremental Revolving Credit Facility to extend the maturity date until the earlier of (i) June 15, 2024, and (ii) ten business days after the consummation of the pending Worldpay transaction. As of September 30, 2023, the borrowing capacity under the Revolving Credit Facility and Incremental Revolving Credit Facility was $2,750 million (net of $4,595 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 $1,845 million and $1,873 million lower than the carrying value, excluding the fair value basis adjustments due to interest rate swaps and unamortized discounts, as of September 30, 2023, and December 31, 2022, respectively.

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 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 September 30, 2023, and December 31, 2022. These swaps were previously designated as fair value hedges for accounting purposes, 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. During the quarter ended September 30, 2023, the Company de-designated these swaps as fair value hedges. As a result of the de-designations, the fair value basis adjustments recorded as a decrease of the long-term debt through the dates of de-designation are amortized as interest expense using the effective interest method over the remaining periods to maturity of the respective long-term debt. The fair value basis adjustments of the long-term debt totaled $635 million as of September 30, 2023, with $20 million amortized as Interest expense for the three months ending September 30, 2023 (see Note 7). At December 31, 2022, the fair value basis adjustments recorded as a decrease of the long-term debt totaled $578 million. Concurrently with the de-designations described above, the Company entered into new offsetting variable-to-fixed interest rate swaps with aggregate notional amounts of $1,854 million, £925 million and €500 million. The terms of these new interest rate swaps were effectively matched against the terms of the existing fixed-to-variable interest rate swaps, which results in an offsetting impact of the go-forward changes in fair values of the new and existing interest rate swaps recorded as Other income (expense), net pursuant to accounting for economic hedges. The new and existing interest rate swap fair values totaled assets of $51 million and liabilities of $690 million at September 30, 2023. At December 31, 2022, the fair value of interest rate swaps totaled liabilities of $578 million. During the quarter ended September 30, 2023, the Company entered into an aggregate notional amount of €3,375 million fixed-for-fixed cross-currency interest rate swaps to hedge its exposure to foreign currency risk associated with its Senior Euro Notes. 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 $84 million at September 30, 2023. Changes in the swap fair values attributable to changes in spot foreign currency exchange rates are recorded in Other income (expense), net. For the three and nine months ended September 30, 2023, $(165) million and $(144) million, respectively, were recognized in Other income (expense), net offset by changes in spot foreign currency exchange rates on the Senior GBP Notes and Senior Euro Notes. 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. For the three and nine months ended September 30, 2023, $11 million was recognized in 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 September 30, Nine months ended September 30, 2023 2022 2023 2022 Foreign currency-denominated debt designations $ 42 $ 457 $ (80) $ 1,123 Cross-currency interest rate swap designations 112 526 (77) 994 Total $ 154 $ 983 $ (157) $ 2,117 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 September 30, 2023, and December 31, 2022, an aggregate €1,894 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 2025 and ECP Notes. As of September 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. During the quarters ended September 30, 2023, and June 30, 2023, the Company de-designated certain Senior Euro Notes and Senior GBP Notes as net investment hedges due to the new fair value hedges noted above. During the quarter ended September 30, 2023, the Company also de-designated €1,500 million of ECP Notes as a net investment hedge and entered into foreign currency forward contracts with a corresponding €1,500 million aggregate notional amount to hedge its exposure to foreign currency risk associated with ECP Notes that are expected to be paid off with U.S. dollar proceeds received from the sale of a 55% equity interest in its Worldpay Merchant Solutions business during the first quarter of 2024 (see Note 1). The change in fair value of the foreign currency forward contracts is recorded as Other income (expense), net pursuant to accounting for economic hedges and offsets the impact of the change in spot foreign currency exchange rates on the de-designated ECP Notes, which is also recorded as Other income (expense), net. The foreign currency forward contract fair values totaled a net liability of $22 million at September 30, 2023. 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 September 30, 2023, and December 31, 2022, aggregate notional amounts of €6,143 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 $240 million and $336 million and liabilities of $(56) million and $(72) million at September 30, 2023, and December 31, 2022, respectively. During the nine months ended September 30, 2023 and 2022, the Company (paid) received net proceeds of approximately $(20) million and $684 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 (see Note 7).

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Securities and Shareholder Matters On March 6, 2023, a putative class action was filed in the United States District Court for the Middle District of Florida by a shareholder of the Company. The action was consolidated with another action and the consolidated case is now captioned In re Fidelity National Information Services, Inc. Securities Litigation . A lead plaintiff has been appointed, and a consolidated amended complaint was filed on August 2, 2023. The consolidated amended complaint names the Company and certain of its current and former officers as defendants and 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. Defendants filed a motion to dismiss the consolidated amended complaint with prejudice on September 22, 2023. We intend to vigorously defend this case, but no assurance can be given as to the ultimate outcome. 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 stockholder of the Company. Plaintiff dismissed the suit without prejudice and sent a demand pursuant to Georgia Code § 14-2-742. Another 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, including with respect to 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. On August 25, 2023, the Board established a Demand Review Committee to consider the demands and make recommendations to the Board with respect to the demands, and the Demand Review Committee has hired independent counsel. The Board has made no final decision with respect to the demands and has not rejected the demands. On October 18, 2023, a shareholder derivative action captioned City of Hialeah Employees' Retirement System v. Stephanie L. Ferris et al. was filed in the same court by one of the stockholders that previously had sent a demand. The complaint, which names certain of the Company's current and former officers and directors as defendants, seeks to assert claims on behalf of the Company for violations of federal securities laws, breach of fiduciary duty, unjust enrichment, and contribution and indemnification, including with respect to Worldpay's valuation, integration, and synergies. The Board has instructed the Company to move to stay or dismiss the action without prejudice pending the completion of the Board's consideration of the demands. 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 18 claims against Servicos, of which 16 are still active, asserting potential tax liabilities of approximately $13 million. There are potentially 20 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 $32 million, making the total potential exposure for all 36 claims approximately $45 million. We do not believe a liability for these 36 total claims is probable and, therefore, have not recorded a liability for any of these claims. 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	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Net Earnings (Loss) per Share	Net Earnings (Loss) per ShareThe basic weighted average shares and common stock equivalents for the three and nine months ended September 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 nine months ended September 30, 2023 and 2022 (in millions, except per share amounts): Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Net earnings (loss) from continuing operations attributable to FIS common stockholders $ 260 $ 218 $ 440 $ 499 Net earnings (loss) from discontinued operations attributable to FIS common stockholders (709) 31 (7,345) 147 Net earnings (loss) attributable to FIS common stockholders $ (449) $ 249 $ (6,905) $ 646 Weighted average shares outstanding-basic 592 605 592 608 Plus: Common stock equivalent shares — 2 — 3 Weighted average shares outstanding-diluted 592 607 592 611 Net earnings (loss) per share-basic from continuing operations attributable to FIS common stockholders $ 0.44 $ 0.36 $ 0.74 $ 0.82 Net earnings (loss) per share-basic from discontinued operations attributable to FIS common stockholders (1.20) 0.05 (12.41) 0.24 Net earnings (loss) per share-basic attributable to FIS common stockholders $ (0.76) $ 0.41 $ (11.66) $ 1.06 Net earnings (loss) per share-diluted from continuing operations attributable to FIS common stockholders $ 0.44 $ 0.36 $ 0.74 $ 0.82 Net earnings (loss) per share-diluted from discontinued operations attributable to FIS common stockholders (1.20) 0.05 (12.41) 0.24 Net earnings (loss) per share-diluted attributable to FIS common stockholders $ (0.76) $ 0.41 $ (11.66) $ 1.06 The diluted net loss per share for the three and nine months ended September 30, 2023, did not include the effect of common stock equivalent shares of 2 million and 2 million, respectively, because the effect would have been anti-dilutive. For the three and nine months ended September 30, 2023, options to purchase approximately 8 million shares of our common stock were not included in the computation of diluted earnings per share because they were anti-dilutive. For the three and nine months ended September 30, 2022, options to purchase approximately 5 million and 4 million shares, respectively, of our common stock 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 September 30, 2023.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information As described in Note 1, effective as of the third quarter of 2023, the Company no longer reports the Merchant Solutions segment; it now reports its financial performance based on the following segments: Banking Solutions, Capital Market Solutions and Corporate and Other. Below is a summary of each segment. 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. 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. 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 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 Nine months ended September 30, September 30, 2023 2022 2023 2022 Acquisition and integration $ 12 $ 14 $ 21 $ 33 Enterprise transformation, including Future Forward and platform modernization 79 55 223 191 Severance and other termination expenses, including those associated with enterprise cost control initiatives and changes in senior management 6 16 48 52 Pending separation of the Worldpay Merchant Solutions business 5 — 7 — Stock-based compensation, primarily from certain performance-based awards 9 25 13 79 Other, including divestiture-related expenses and enterprise cost control and other initiatives 2 13 14 72 Total acquisition, integration and other costs $ 113 $ 123 $ 326 $ 427 Amounts in table may not sum due to rounding. Other costs in Corporate and Other also include 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, as described in Notes 5 and 6, impairment charges described in Note 5 and costs that were previously incurred in support of the Worldpay Merchant Solutions business but are not directly attributable to it and thus were not recorded in discontinued operations. 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 September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 1,756 $ 677 $ 56 $ 2,489 Operating expenses (1,122) (432) (460) (2,014) Depreciation and amortization (including purchase accounting amortization) 149 87 199 435 Acquisition, integration and other costs — — 113 113 Asset impairments — — 7 7 Indirect Worldpay business support costs — — 40 40 Adjusted EBITDA $ 783 $ 332 $ (45) $ 1,070 Adjusted EBITDA $ 1,070 Depreciation and amortization (262) Purchase accounting amortization (173) Acquisition, integration and other costs (113) Asset impairments (7) Indirect Worldpay business support costs (40) Interest expense, net (162) Other income (expense), net 22 (Provision) benefit for income taxes (74) Net earnings (loss) from discontinued operations, net of tax (708) Net earnings attributable to noncontrolling interest (2) Net earnings (loss) attributable to FIS common stockholders $ (449) Capital expenditures (1) $ 104 $ 63 $ 48 $ 215 (1) Capital expenditures include $18 million in other financing obligations for certain hardware. For the three months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 1,703 $ 633 $ 79 $ 2,415 Operating expenses (1,113) (397) (521) (2,031) Depreciation and amortization (including purchase accounting amortization) 148 79 228 455 Acquisition, integration and other costs — — 123 123 Asset impairments — — 17 17 Indirect Worldpay business support costs — — 43 43 Adjusted EBITDA $ 738 $ 315 $ (31) $ 1,022 Adjusted EBITDA $ 1,022 Depreciation and amortization (262) Purchase accounting amortization (193) Acquisition, integration and other costs (123) Asset impairments (17) Indirect Worldpay business support costs (43) Interest expense, net (78) Other income (expense), net 18 (Provision) benefit for income taxes (102) Net earnings (loss) from discontinued operations, net of tax 32 Net earnings attributable to noncontrolling interest (5) Net earnings attributable to FIS common stockholders $ 249 Capital expenditures $ 111 $ 60 $ 62 $ 233 For the nine months ended September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 5,144 $ 2,011 $ 156 $ 7,311 Operating expenses (3,419) (1,291) (1,465) (6,175) Depreciation and amortization (including purchase accounting amortization) 458 268 596 1,322 Acquisition, integration and other costs — — 326 326 Asset impairments — — 8 8 Indirect Worldpay business support costs — — 123 123 Adjusted EBITDA $ 2,183 $ 988 $ (256) $ 2,915 Adjusted EBITDA $ 2,915 Depreciation and amortization (798) Purchase accounting amortization (524) Acquisition, integration and other costs (326) Asset impairments (8) Indirect Worldpay business support costs (123) Interest expense (464) Other income (expense), net (91) (Provision) benefit for income taxes (139) Net earnings (loss) from discontinued operations, net of tax (7,342) Net earnings attributable to noncontrolling interest (5) Net earnings (loss) attributable to FIS common stockholders $ (6,905) Capital expenditures (1) $ 290 $ 186 $ 108 $ 584 (1) Capital expenditures include $38 million in other financing obligations for certain hardware. For the nine months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 5,039 $ 1,892 $ 263 $ 7,194 Operating expenses (3,298) (1,215) (1,842) (6,355) Depreciation and amortization (including purchase accounting amortization) 451 249 726 1,426 Acquisition, integration and other costs — — 427 427 Asset impairments — — 86 86 Indirect Worldpay business support costs — — 137 137 Adjusted EBITDA $ 2,192 $ 926 $ (203) $ 2,915 Adjusted EBITDA $ 2,915 Depreciation and amortization (837) Purchase accounting amortization (589) Acquisition, integration and other costs (427) Asset impairments (86) Indirect Worldpay business support costs (137) Interest expense, net (169) Other income (expense), net 53 (Provision) benefit for income taxes (218) Net earnings (loss) from discontinued operations, net of tax 150 Net earnings attributable to noncontrolling interest (9) Net earnings attributable to FIS common stockholders $ 646 Capital expenditures $ 389 $ 201 $ 201 $ 791

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (449)	$ 249	$ (6,905)	$ 646

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 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)	9 Months Ended
	Sep. 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.

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Reconciliation of Major Components of Discontinued Operations, Net of Tax Presented in the Consolidated Statements of Earnings (Loss)	The following table represents a reconciliation of the major components of discontinued operations, net of tax, presented in the consolidated statements of earnings (loss) (in millions). The Company's presentation of discontinued operations excludes general corporate overhead costs which were historically allocated to the Worldpay Merchant Solutions business. Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Major components of discontinued operations before income taxes: Revenue $ 1,201 $ 1,189 $ 3,636 $ 3,620 Cost of revenue (193) (613) (1,462) (1,978) Selling, general, and administrative expenses (520) (498) (1,486) (1,470) Asset impairments (4) — (6,843) (18) Interest income (expense), net 4 2 15 3 Other, net (30) (60) 17 (5) Earnings (loss) from discontinued operations related to major classes of pretax earning (loss) 458 20 (6,123) 152 Loss on assets held for sale (1,549) — (1,549) — Earnings (loss) from discontinued operations (1,091) 20 (7,672) 152 Provision (benefit) for income taxes (382) (11) (327) 5 Earnings (loss) from discontinued operations, net of tax $ (709) $ 31 $ (7,345) $ 147 The following table represents the major classes of assets and liabilities of the disposal group classified as held for sale presented in the consolidated balance sheets as of September 30, 2023, and December 31, 2022 (in millions). Assets held for sale are reported at the lower of their carrying value or fair value less cost to sell and are not depreciated or amortized. September 30, 2023 December 31, 2022 Major classes of assets included in discontinued operations: Cash and cash equivalents $ 1,356 $ 1,732 Settlement assets 5,243 5,264 Trade receivables, net of allowance for credit losses of $60 and $44, respectively 1,753 1,864 Prepaid expenses and other current assets 150 130 Total current assets 8,502 8,990 Property and equipment, net 143 153 Goodwill 10,711 17,460 Intangible assets, net 5,854 6,488 Software, net 1,226 1,183 Other noncurrent assets 490 450 Total noncurrent assets 18,424 25,734 Less valuation allowance (1,549) — Total assets of the disposal group classified as held for sale $ 25,377 $ 34,724 Major classes of liabilities included in discontinued operations: Accounts payable, accrued and other liabilities $ 1,068 $ 1,171 Settlement payables 6,210 6,140 Other current liabilities 45 55 Total current liabilities 7,323 7,366 Deferred income taxes 586 861 Other noncurrent liabilities 458 510 Total noncurrent liabilities 1,044 1,371 Total liabilities of the disposal group classified as held for sale $ 8,367 $ 8,737 The following table presents cash flows from operating and investing activities for discontinued operations (in millions). Nine months ended September 30, 2023 2022 Cash provided by (used in) operating activities - discontinued operations $ 1,509 $ 1,639 Cash provided by (used in) investing activities - discontinued operations (1) $ (260) $ (24) Cash provided by (used in) financing activities - discontinued operations $ (188) $ (435) (1) Our capital expenditures from discontinued operations for the nine month periods ended September 30, 2023 and 2022, were $260 million and $292 million, respectively. The nine month period ended September 30, 2022, includes $269 million net proceeds from the sale of Visa preferred stock.
Schedule of Settlement Assets of Disposal Group	The principal components of the Company's settlement assets of the disposal group are as follows (in millions): September 30, 2023 December 31, 2022 Settlement assets Settlement deposits $ 86 $ 55 Merchant float 2,259 2,625 Settlement receivables 2,898 2,584 Total Settlement assets $ 5,243 $ 5,264

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	For the three months ended September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,509 $ 413 $ 34 $ 1,956 All others 247 264 22 533 Total $ 1,756 $ 677 $ 56 $ 2,489 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,334 $ 349 $ 31 $ 1,714 Software maintenance 92 135 — 227 Other recurring 67 21 11 99 Total recurring 1,493 505 42 2,040 Software license 47 76 8 131 Professional services 126 96 2 224 Other non-recurring fees 90 — 4 94 Total $ 1,756 $ 677 $ 56 $ 2,489 For the three months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,437 $ 389 $ 59 $ 1,885 All others 266 244 20 530 Total $ 1,703 $ 633 $ 79 $ 2,415 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,251 $ 324 $ 62 $ 1,637 Software maintenance 89 123 — 212 Other recurring 55 15 9 79 Total recurring 1,395 462 71 1,928 Software license 69 66 — 135 Professional services 153 104 2 259 Other non-recurring fees 86 1 6 93 Total $ 1,703 $ 633 $ 79 $ 2,415 For the nine months ended September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,405 $ 1,262 $ 92 $ 5,759 All others 739 749 64 1,552 Total $ 5,144 $ 2,011 $ 156 $ 7,311 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,911 $ 1,035 $ 95 $ 5,041 Software maintenance 273 394 1 668 Other recurring 183 60 31 274 Total recurring 4,367 1,489 127 5,983 Software license 78 228 8 314 Professional services 436 293 7 736 Other non-recurring fees 263 1 14 278 Total $ 5,144 $ 2,011 $ 156 $ 7,311 For the nine months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,293 $ 1,138 $ 177 $ 5,608 All others 746 754 86 1,586 Total $ 5,039 $ 1,892 $ 263 $ 7,194 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,759 $ 945 $ 205 $ 4,909 Software maintenance 272 372 2 646 Other recurring 158 43 29 230 Total recurring 4,189 1,360 236 5,785 Software license 122 212 — 334 Professional services 451 316 6 773 Other non-recurring fees 277 4 21 302 Total $ 5,039 $ 1,892 $ 263 $ 7,194

Condensed Consolidated Financ_2

Condensed Consolidated Financial Statement Details (Tables)	9 Months Ended
	Sep. 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): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 466 $ 456 Merchant float from discontinued operations included in current assets held for sale 2,259 2,625 Cash from discontinued operations included in current assets held for sale 1,356 1,732 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,081 $ 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): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 466 $ 456 Merchant float from discontinued operations included in current assets held for sale 2,259 2,625 Cash from discontinued operations included in current assets held for sale 1,356 1,732 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,081 $ 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): September 30, December 31, Settlement assets Settlement deposits $ 396 $ 439 Settlement receivables 209 153 Total Settlement assets $ 605 $ 592
Schedule of Intangible Assets, Software and Property and Equipment	The following table provides details of Intangible assets, Software and Property and equipment as of September 30, 2023, and December 31, 2022 (in millions): September 30, 2023 December 31, 2022 Cost Accumulated Net Cost Accumulated Net Intangible assets $ 6,434 $ 4,487 $ 1,947 $ 6,474 $ 4,006 $ 2,468 Software $ 4,308 $ 2,226 $ 2,082 $ 4,341 $ 2,286 $ 2,055 Property and equipment $ 2,025 $ 1,343 $ 682 $ 1,973 $ 1,264 $ 709
Schedule of Goodwill	Changes in goodwill during the nine months ended September 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 Market And Solutions Solutions Other Total Balance, December 31, 2022 $ 12,536 $ 4,260 $ 20 $ 16,816 Foreign currency adjustments (4) (1) — (5) Balance, September 30, 2023 $ 12,532 $ 4,259 $ 20 $ 16,811

Deferred Contract Costs (Tables

Deferred Contract Costs (Tables)	9 Months Ended
	Sep. 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 September 30, 2023, and December 31, 2022, consisted of the following (in millions): September 30, 2023 December 31, 2022 Contract costs on implementations in progress $ 230 $ 240 Contract origination costs on completed implementations, net 547 516 Contract fulfillment costs on completed implementations, net 231 217 Total Deferred contract costs, net $ 1,008 $ 973

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt as of September 30, 2023, and December 31, 2022, consisted of the following (in millions): September 30, 2023 Weighted Average Interest Interest September 30, December 31, Rates Rate (1) Maturities 2023 2022 Fixed Rate Notes Senior USD Notes 0.6% - 5.6% 3.6% 2024 - 2052 $ 8,659 $ 9,409 Senior Euro Notes 0.6% - 3.0% 2.9% 2024 - 2039 4,759 6,154 Senior GBP Notes 2.3% - 3.4% 7.3% 2029 - 2031 1,129 1,119 Revolving Credit Facility (2) 6.6% 2026 155 280 Incremental Revolving Credit Facility (3) 2023 — — Other (4) (641) (626) Total long-term debt, including current portion 14,061 16,336 Current portion of long-term debt (1,320) (2,130) Long-term debt, excluding current portion $ 12,741 $ 14,206 (1) The weighted average interest rate includes the impact of the fair value basis adjustments due to interest rate swaps and cross-currency interest rate swaps designated as fair value hedges and excludes the impact of cross-currency interest rate swaps designated as net investment hedges (see Note 8). (2) Interest on the Revolving Credit Facility is generally payable at SOFR plus a margin up to 0.428% dependent on tenor, plus an applicable margin of up to 1.625% and an unused commitment fee of up to 0.225%, each based upon the Company's corporate credit ratings. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) 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 primarily the fair value basis adjustments due to interest rate swaps (see Note 8), unamortized debt issuance costs and unamortized non-cash bond discounts.
Schedule of Short-Term Debt	Short-term borrowings as of September 30, 2023, and December 31, 2022, consisted of the following (in millions): September 30, 2023 Weighted Average Interest September 30, December 31, Rate Maturities 2023 2022 Euro-commercial paper notes ("ECP Notes") 4.0 % Up to 183 days $ 2,196 $ 2,054 U.S. commercial paper notes ("USCP Notes") 5.6 % Up to 397 days 2,399 1,701 Total Short-term borrowings $ 4,595 $ 3,755
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 basis adjustments due to interest rate swaps (see Note 8) and net unamortized non-cash bond discounts of $(650) million as of September 30, 2023 (in millions): Total 2023 remaining period $ 10 2024 1,320 2025 1,435 2026 1,270 2027 1,977 Thereafter 8,785 Total principal payments 14,797 Debt issuance costs, net of accumulated amortization (86) Total long-term debt $ 14,711

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Net Investment Hedges	Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Foreign currency-denominated debt designations $ 42 $ 457 $ (80) $ 1,123 Cross-currency interest rate swap designations 112 526 (77) 994 Total $ 154 $ 983 $ (157) $ 2,117

Net Earnings (Loss) per Share (

Net Earnings (Loss) per Share (Tables)	9 Months Ended
	Sep. 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 nine months ended September 30, 2023 and 2022 (in millions, except per share amounts): Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Net earnings (loss) from continuing operations attributable to FIS common stockholders $ 260 $ 218 $ 440 $ 499 Net earnings (loss) from discontinued operations attributable to FIS common stockholders (709) 31 (7,345) 147 Net earnings (loss) attributable to FIS common stockholders $ (449) $ 249 $ (6,905) $ 646 Weighted average shares outstanding-basic 592 605 592 608 Plus: Common stock equivalent shares — 2 — 3 Weighted average shares outstanding-diluted 592 607 592 611 Net earnings (loss) per share-basic from continuing operations attributable to FIS common stockholders $ 0.44 $ 0.36 $ 0.74 $ 0.82 Net earnings (loss) per share-basic from discontinued operations attributable to FIS common stockholders (1.20) 0.05 (12.41) 0.24 Net earnings (loss) per share-basic attributable to FIS common stockholders $ (0.76) $ 0.41 $ (11.66) $ 1.06 Net earnings (loss) per share-diluted from continuing operations attributable to FIS common stockholders $ 0.44 $ 0.36 $ 0.74 $ 0.82 Net earnings (loss) per share-diluted from discontinued operations attributable to FIS common stockholders (1.20) 0.05 (12.41) 0.24 Net earnings (loss) per share-diluted attributable to FIS common stockholders $ (0.76) $ 0.41 $ (11.66) $ 1.06

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 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 Nine months ended September 30, September 30, 2023 2022 2023 2022 Acquisition and integration $ 12 $ 14 $ 21 $ 33 Enterprise transformation, including Future Forward and platform modernization 79 55 223 191 Severance and other termination expenses, including those associated with enterprise cost control initiatives and changes in senior management 6 16 48 52 Pending separation of the Worldpay Merchant Solutions business 5 — 7 — Stock-based compensation, primarily from certain performance-based awards 9 25 13 79 Other, including divestiture-related expenses and enterprise cost control and other initiatives 2 13 14 72 Total acquisition, integration and other costs $ 113 $ 123 $ 326 $ 427 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 September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 1,756 $ 677 $ 56 $ 2,489 Operating expenses (1,122) (432) (460) (2,014) Depreciation and amortization (including purchase accounting amortization) 149 87 199 435 Acquisition, integration and other costs — — 113 113 Asset impairments — — 7 7 Indirect Worldpay business support costs — — 40 40 Adjusted EBITDA $ 783 $ 332 $ (45) $ 1,070 Adjusted EBITDA $ 1,070 Depreciation and amortization (262) Purchase accounting amortization (173) Acquisition, integration and other costs (113) Asset impairments (7) Indirect Worldpay business support costs (40) Interest expense, net (162) Other income (expense), net 22 (Provision) benefit for income taxes (74) Net earnings (loss) from discontinued operations, net of tax (708) Net earnings attributable to noncontrolling interest (2) Net earnings (loss) attributable to FIS common stockholders $ (449) Capital expenditures (1) $ 104 $ 63 $ 48 $ 215 (1) Capital expenditures include $18 million in other financing obligations for certain hardware. For the three months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 1,703 $ 633 $ 79 $ 2,415 Operating expenses (1,113) (397) (521) (2,031) Depreciation and amortization (including purchase accounting amortization) 148 79 228 455 Acquisition, integration and other costs — — 123 123 Asset impairments — — 17 17 Indirect Worldpay business support costs — — 43 43 Adjusted EBITDA $ 738 $ 315 $ (31) $ 1,022 Adjusted EBITDA $ 1,022 Depreciation and amortization (262) Purchase accounting amortization (193) Acquisition, integration and other costs (123) Asset impairments (17) Indirect Worldpay business support costs (43) Interest expense, net (78) Other income (expense), net 18 (Provision) benefit for income taxes (102) Net earnings (loss) from discontinued operations, net of tax 32 Net earnings attributable to noncontrolling interest (5) Net earnings attributable to FIS common stockholders $ 249 Capital expenditures $ 111 $ 60 $ 62 $ 233 For the nine months ended September 30, 2023 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 5,144 $ 2,011 $ 156 $ 7,311 Operating expenses (3,419) (1,291) (1,465) (6,175) Depreciation and amortization (including purchase accounting amortization) 458 268 596 1,322 Acquisition, integration and other costs — — 326 326 Asset impairments — — 8 8 Indirect Worldpay business support costs — — 123 123 Adjusted EBITDA $ 2,183 $ 988 $ (256) $ 2,915 Adjusted EBITDA $ 2,915 Depreciation and amortization (798) Purchase accounting amortization (524) Acquisition, integration and other costs (326) Asset impairments (8) Indirect Worldpay business support costs (123) Interest expense (464) Other income (expense), net (91) (Provision) benefit for income taxes (139) Net earnings (loss) from discontinued operations, net of tax (7,342) Net earnings attributable to noncontrolling interest (5) Net earnings (loss) attributable to FIS common stockholders $ (6,905) Capital expenditures (1) $ 290 $ 186 $ 108 $ 584 (1) Capital expenditures include $38 million in other financing obligations for certain hardware. For the nine months ended September 30, 2022 (in millions): Capital Banking Market Corporate Solutions Solutions and Other Total Revenue $ 5,039 $ 1,892 $ 263 $ 7,194 Operating expenses (3,298) (1,215) (1,842) (6,355) Depreciation and amortization (including purchase accounting amortization) 451 249 726 1,426 Acquisition, integration and other costs — — 427 427 Asset impairments — — 86 86 Indirect Worldpay business support costs — — 137 137 Adjusted EBITDA $ 2,192 $ 926 $ (203) $ 2,915 Adjusted EBITDA $ 2,915 Depreciation and amortization (837) Purchase accounting amortization (589) Acquisition, integration and other costs (427) Asset impairments (86) Indirect Worldpay business support costs (137) Interest expense, net (169) Other income (expense), net 53 (Provision) benefit for income taxes (218) Net earnings (loss) from discontinued operations, net of tax 150 Net earnings attributable to noncontrolling interest (9) Net earnings attributable to FIS common stockholders $ 646 Capital expenditures $ 389 $ 201 $ 201 $ 791

Basis of Presentation (Details)

Basis of Presentation (Details) - GTCR - Worldpay Merchant Solutions	Sep. 30, 2023	Jul. 05, 2023
Worldpay Merchant Solutions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Ownership interest retained by founders		45%
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations
Percentage of equity interests divestiture	55%	55%

Discontinued Operations - Sched

Discontinued Operations - Schedule of Major Components of Discontinued Operations, Net of Tax (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Major components of discontinued operations before income taxes:
Earnings (loss) from discontinued operations, net of tax	$ (708)	$ 32	$ (7,342)	$ 150
Worldpay Merchant Solutions | Discontinued Operations, Held-for-Sale
Major components of discontinued operations before income taxes:
Revenue	1,201	1,189	3,636	3,620
Cost of revenue	(193)	(613)	(1,462)	(1,978)
Selling, general, and administrative expenses	(520)	(498)	(1,486)	(1,470)
Asset impairments	(4)	0	(6,843)	(18)
Interest income (expense), net	4	2	15	3
Other, net	(30)	(60)	17	(5)
Earnings (loss) from discontinued operations	458	20	(6,123)	152
Loss on assets held for sale	(1,549)	0	(1,549)	0
Earnings (loss) from discontinued operations	(1,091)	20	(7,672)	152
Provision (benefit) for income taxes	(382)	(11)	(327)	5
Earnings (loss) from discontinued operations, net of tax	$ (709)	$ 31	$ (7,345)	$ 147

Discontinued Operations - Sch_2

Discontinued Operations - Schedule of Major Classes of Assets and Liabilities of the Disposal Group Classified as Held for Sale (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Major classes of assets included in discontinued operations:
Settlement assets	$ 5,243	$ 5,264
Total current assets	8,502	8,990
Total noncurrent assets	16,875	25,734
Major classes of liabilities included in discontinued operations:
Total current liabilities	7,323	7,366
Total noncurrent liabilities	1,044	1,371
Worldpay Merchant Solutions | Discontinued Operations, Held-for-Sale
Major classes of assets included in discontinued operations:
Cash and cash equivalents	1,356	1,732
Settlement assets	5,243	5,264
Trade receivables, net of allowance for credit losses of $60 and $44, respectively	1,753	1,864
Prepaid expenses and other current assets	150	130
Total current assets	8,502	8,990
Property and equipment, net	143	153
Goodwill	10,711	17,460
Intangible assets, net	5,854	6,488
Software, net	1,226	1,183
Other noncurrent assets	490	450
Total noncurrent assets	18,424	25,734
Less valuation allowance	(1,549)	0
Total assets of the disposal group classified as held for sale	25,377	34,724
Major classes of liabilities included in discontinued operations:
Accounts payable, accrued and other liabilities	1,068	1,171
Settlement payables	6,210	6,140
Other current liabilities	45	55
Total current liabilities	7,323	7,366
Deferred income taxes	586	861
Other noncurrent liabilities	458	510
Total noncurrent liabilities	1,044	1,371
Total liabilities of the disposal group classified as held for sale	8,367	8,737
Allowance for credit loss	$ 60	$ 44

Discontinued Operations - Cash

Discontinued Operations - Cash Flows From Operating and Investing Activities for Discontinued Operations (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Cash provided by (used in) operating activities - discontinued operations	$ 1,509	$ 1,639
Cash provided by (used in) investing activities - discontinued operations	(260)	(24)
Cash provided by (used in) financing activities - discontinued operations	(188)	(435)
Capital expenditures from discontinued operation	260	292
Net proceeds from sale of Visa preferred stock	$ 0	$ 269

Discontinued Operations - Sch_3

Discontinued Operations - Schedule of Settlement Assets of Disposal Group (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Settlement assets
Settlement deposits	$ 86	$ 55
Merchant float	2,259	2,625
Settlement receivables	2,898	2,584
Total Settlement assets	$ 5,243	$ 5,264

Discontinued Operations - Pendi

Discontinued Operations - Pending Sale of Worldpay Merchant Solutions Business (Narrative) (Details) - USD ($) $ in Billions	3 Months Ended	9 Months Ended
	Jun. 30, 2023	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Gain (loss) on disposal		$ 1.5
Goodwill impairment loss	$ 6.8

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions		1 Months Ended	9 Months Ended
	Jan. 02, 2020	Jan. 31, 2023	Sep. 30, 2023	Sep. 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue
Revenue	$ 2,489	$ 2,415	$ 7,311	$ 7,194
Recurring
Disaggregation of Revenue
Revenue	2,040	1,928	5,983	5,785
Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	1,714	1,637	5,041	4,909
Software maintenance | Recurring
Disaggregation of Revenue
Revenue	227	212	668	646
Other recurring | Recurring
Disaggregation of Revenue
Revenue	99	79	274	230
Software license | Non-recurring
Disaggregation of Revenue
Revenue	131	135	314	334
Professional services | Non-recurring
Disaggregation of Revenue
Revenue	224	259	736	773
Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	94	93	278	302
North America
Disaggregation of Revenue
Revenue	1,956	1,885	5,759	5,608
All others
Disaggregation of Revenue
Revenue	533	530	1,552	1,586
Banking Solutions
Disaggregation of Revenue
Revenue	1,756	1,703	5,144	5,039
Banking Solutions | Recurring
Disaggregation of Revenue
Revenue	1,493	1,395	4,367	4,189
Banking Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	1,334	1,251	3,911	3,759
Banking Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	92	89	273	272
Banking Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	67	55	183	158
Banking Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	47	69	78	122
Banking Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	126	153	436	451
Banking Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	90	86	263	277
Banking Solutions | North America
Disaggregation of Revenue
Revenue	1,509	1,437	4,405	4,293
Banking Solutions | All others
Disaggregation of Revenue
Revenue	247	266	739	746
Capital Market Solutions
Disaggregation of Revenue
Revenue	677	633	2,011	1,892
Capital Market Solutions | Recurring
Disaggregation of Revenue
Revenue	505	462	1,489	1,360
Capital Market Solutions | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	349	324	1,035	945
Capital Market Solutions | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	135	123	394	372
Capital Market Solutions | Other recurring | Recurring
Disaggregation of Revenue
Revenue	21	15	60	43
Capital Market Solutions | Software license | Non-recurring
Disaggregation of Revenue
Revenue	76	66	228	212
Capital Market Solutions | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	96	104	293	316
Capital Market Solutions | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	0	1	1	4
Capital Market Solutions | North America
Disaggregation of Revenue
Revenue	413	389	1,262	1,138
Capital Market Solutions | All others
Disaggregation of Revenue
Revenue	264	244	749	754
Corporate and Other
Disaggregation of Revenue
Revenue	56	79	156	263
Corporate and Other | Recurring
Disaggregation of Revenue
Revenue	42	71	127	236
Corporate and Other | Transaction processing and services | Recurring
Disaggregation of Revenue
Revenue	31	62	95	205
Corporate and Other | Software maintenance | Recurring
Disaggregation of Revenue
Revenue	0	0	1	2
Corporate and Other | Other recurring | Recurring
Disaggregation of Revenue
Revenue	11	9	31	29
Corporate and Other | Software license | Non-recurring
Disaggregation of Revenue
Revenue	8	0	8	0
Corporate and Other | Professional services | Non-recurring
Disaggregation of Revenue
Revenue	2	2	7	6
Corporate and Other | Other non-recurring fees | Non-recurring
Disaggregation of Revenue
Revenue	4	6	14	21
Corporate and Other | North America
Disaggregation of Revenue
Revenue	34	59	92	177
Corporate and Other | All others
Disaggregation of Revenue
Revenue	$ 22	$ 20	$ 64	$ 86

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue from contract liability	$ 114	$ 119	$ 612	$ 611
Remaining revenue recognition	$ 22,500		$ 22,500
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
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	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Condensed Consolidated Financial Statement Details [Abstract]
Cash and cash equivalents on the consolidated balance sheets	$ 466	$ 456
Merchant float from discontinued operations included in current assets held for sale	2,259	2,625
Cash from discontinued operations included in current assets held for sale	1,356	1,732
Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows	$ 4,081	$ 4,813	$ 4,241	$ 4,283

Condensed Consolidated Financ_4

Condensed Consolidated Financial Statement Details - Settlement Assets (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Settlement assets
Settlement deposits	$ 396	$ 439
Settlement receivables	209	153
Total Settlement assets	$ 605	$ 592

Condensed Consolidated Financ_5

Condensed Consolidated Financial Statement Details - Schedule of Intangible Assets, Software and Property and Equipment (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Condensed Consolidated Financial Statement Details [Abstract]
Intangible assets, cost	$ 6,434	$ 6,474
Intangible assets, accumulated depreciation and amortization	4,487	4,006
Intangible assets, net	1,947	2,468
Software, cost	4,308	4,341
Software, accumulated depreciation and amortization	2,226	2,286
Software, net	2,082	2,055
Property and equipment, cost	2,025	1,973
Property and equipment, accumulated depreciation and amortization	1,343	1,264
Property and equipment, net	$ 682	$ 709

Condensed Consolidated Financ_6

Condensed Consolidated Financial Statement Details - Intangible Assets, Software and Impairments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Amortization expense of intangible assets	$ 170	$ 182	$ 512	$ 547
Asset impairments	7	17	8	86
Termination Of Certain Internally Developed Software Projects
Finite-Lived Intangible Assets [Line Items]
Asset impairments	7		8
Certain Software Rendered Obsolete By the Company's Platform Modernization Initiatives
Finite-Lived Intangible Assets [Line Items]
Asset impairments		17
Real-Estate Related Assets
Finite-Lived Intangible Assets [Line Items]
Asset impairments				43
Non-Strategic Business
Finite-Lived Intangible Assets [Line Items]
Asset impairments				26
Property and Equipment
Finite-Lived Intangible Assets [Line Items]
Depreciation expense	41	41	124	142
Software
Finite-Lived Intangible Assets [Line Items]
Amortization expense	148	161	452	491
Platform Initiatives
Finite-Lived Intangible Assets [Line Items]
Software amortization expense	5	$ 14	18	$ 66
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	1,840		1,840
Trademarks and Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 107		$ 107

Condensed Consolidated Financ_7

Condensed Consolidated Financial Statement Details - Goodwill (Details) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
Goodwill
Beginning balance	$ 16,816
Foreign currency adjustments	(5)
Ending balance	16,811
Banking Solutions
Goodwill
Beginning balance	12,536
Foreign currency adjustments	(4)
Ending balance	12,532
Capital Market Solutions
Goodwill
Beginning balance	4,260
Foreign currency adjustments	(1)
Ending balance	4,259
Corporate And Other
Goodwill
Beginning balance	20
Foreign currency adjustments	0
Ending balance	$ 20

Condensed Consolidated Financ_8

Condensed Consolidated Financial Statement Details - Equity Security Investments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 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	$ (10)	$ 0	$ (44)	$ 47
Other Noncurrent Assets
Equity Securities without Readily Determinable Fair Value [Line Items]
Equity securities without readily determinable fair values	$ 228		$ 228		$ 312

Deferred Contract Costs - Sched

Deferred Contract Costs - Schedule of Deferred Contract Cost (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Capitalized Contract Cost
Total Deferred contract costs, net	$ 1,008	$ 973
Contract costs on implementations in progress
Capitalized Contract Cost
Total Deferred contract costs, net	230	240
Contract origination costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	547	516
Contract fulfillment costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	$ 231	$ 217

Deferred Contract Costs - Narra

Deferred Contract Costs - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Capitalized Contract Cost
Amortization of contract costs	$ 77	$ 72	$ 236	$ 244
Platform Initiatives
Capitalized Contract Cost
Amortization of contract costs	$ 1	$ 7	$ 5	$ 31

Debt - Schedule of Long-Term De

Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Long-Term Debt
Other	$ (641)	$ (626)
Total long-term debt, including current portion	14,061	16,336
Current portion of long-term debt	(1,320)	(2,130)
Long-term debt, excluding current portion	$ 12,741	14,206
Revolving Credit Facility
Long-Term Debt
Weighted average interest rate	6.60%
Revolving credit facility	$ 155	280
Unused commitment fee	0.225%
Revolving Credit Facility | Maximum
Long-Term Debt
Applicable margin	1.625%
Revolving Credit Facility | Maximum | SOFR
Long-Term Debt
Applicable margin	0.428%
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 | Senior USD Notes
Long-Term Debt
Weighted average interest rate	3.60%
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	2.90%
Senior notes	$ 4,759	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	7.30%
Senior notes	$ 1,129	$ 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	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Short-term Debt
Short-term borrowings	$ 4,595	$ 3,755
Commercial Paper | FIS Credit Agreements | Euro-commercial paper notes ("ECP Notes")
Short-term Debt
Short term debt, weighted average interest rate	4%
Maturities	183 days
Commercial paper	$ 2,196	2,054
Commercial Paper | FIS Credit Agreements | U.S. commercial paper notes ("USCP Notes")
Short-term Debt
Short term debt, weighted average interest rate	5.60%
Maturities	397 days
Commercial paper	$ 2,399	$ 1,701

Debt - Narrative (Details)

Debt - Narrative (Details) $ in Millions, € in Billions		9 Months Ended
	Jul. 13, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 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		4.30%
Debt, weighted average interest rate		3.50%
Repayments of long-term debt		$ 65,868	$ 49,349
Difference in carrying value and fair value of long term debt		1,845					$ 1,873
Incremental Revolving Credit Facility
Debt Instrument
Credit facility outstanding						$ 2,000
Borrowing capacity remaining		2,750
Line of credit facility, capacity backstopped		4,595
Revolving Credit Facility
Debt Instrument
Borrowing capacity remaining		2,750
Line of credit facility, capacity backstopped		4,595
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	Sep. 30, 2023 USD ($)
Principal maturities of long-term debt
2023 remaining period	$ 10
2024	1,320
2025	1,435
2026	1,270
2027	1,977
Thereafter	8,785
Total principal payments	14,797
Debt issuance costs, net of accumulated amortization	(86)
Total long-term debt	$ 14,711

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) € in Millions, £ in Millions, $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 GBP (£)	Sep. 30, 2023 EUR (€)	Jul. 05, 2023	Dec. 31, 2022 USD ($)	Dec. 31, 2022 GBP (£)	Dec. 31, 2022 EUR (€)
Derivative [Line Items]
(Paid) received net proceeds from settlement of existing cross-currency interest rate swaps		$ 20	$ (684)
GTCR | Discontinued Operations | Worldpay Merchant Solutions
Derivative [Line Items]
Percentage of equity interests divestiture	55%	55%		55%	55%	55%
Net Investment Hedges
Derivative [Line Items]
Derivative liability fair value	$ 22	$ 22
Net Investment Hedges | Senior Notes
Derivative [Line Items]
Notional amount | €					€ 1,500
Net Investment Hedges | Senior Euro Notes Maturing 2022 to 2039 and ECP Notes | Senior Notes
Derivative [Line Items]
Notional amount | €					1,894				€ 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		(20)	$ 684
Interest Rate Swap | Fair Value Hedging
Derivative [Line Items]
Notional amount	1,854	1,854		£ 925	500		$ 1,854	925	500
Derivative liability fair value	635	635					578
Fair value of interest expense using amortization approach	20
Interest Rate Swap | Fair Value Hedging | New Offsetting Variable-to-Fixed Interest Rate Swaps
Derivative [Line Items]
Notional amount	1,854	1,854		925	500
Derivative liability fair value	690	690					578
Derivative asset fair value	51	51
Interest Rate Swap | Net Investment Hedges
Derivative [Line Items]
Derivative liability fair value	(56)	(56)					(72)
Derivative asset fair value	240	240					$ 336
Currency Swap | Fair Value Hedging
Derivative [Line Items]
Notional amount				925	3,375
Derivative liability fair value	(84)	(84)
Fair value of interest expense using amortization approach	11	11
Net offset by changes in spot foreign currency exchange rates	$ (165)	$ (144)
Currency Swap | Net Investment Hedges
Derivative [Line Items]
Notional amount				£ 2,380	€ 6,143			£ 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on investment hedges	$ 154	$ 983	$ (157)	$ 2,117
Foreign currency-denominated debt designations
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on investment hedges	42	457	(80)	1,123
Cross-currency interest rate swap designations
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on investment hedges	$ 112	$ 526	$ (77)	$ 994

Commitments and Contingencies (

Commitments and Contingencies (Details) - Pending Litigation - Potential Tax Liability - Secretariat of The Federal Revenue Bureau of Brazil $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($) claim
Loss Contingencies
Loss contingency, number of pending claims	18
Loss contingency, active claims, number	16
Loss contingency, value of damages sought | $	$ 13
Loss contingency, number of potential new claims filed	20
Loss contingency, potential additional claims amount sought | $	$ 32
Loss contingency, number of total pending and potential pending claims	36
Maximum
Loss Contingencies
Loss contingency, estimate of possible loss | $	$ 45

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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Net earnings (loss) from continuing operations attributable to FIS common stockholders	$ 260	$ 218	$ 440	$ 499
Net earnings (loss) from discontinued operations attributable to FIS common stockholders	(709)	31	(7,345)	147
Net earnings attributable to FIS common stockholders	$ (449)	$ 249	$ (6,905)	$ 646
Weighted average shares outstanding-basic (in shares)	592	605	592	608
Plus: Common stock equivalent shares (in shares)	0	2	0	3
Weighted average shares outstanding-diluted (in shares)	592	607	592	611
Net earnings (loss) per share-basic from continuing operations attributable to FIS common stockholders (in dollars per share)	$ 0.44	$ 0.36	$ 0.74	$ 0.82
Net earnings (loss) per share-basic from discontinued operations attributable to FIS common stockholders (in dollars per share)	(1.20)	0.05	(12.41)	0.24
Net earnings (loss) per share-basic attributable to FIS common stockholders (in dollars per share)	(0.76)	0.41	(11.66)	1.06
Net earnings (loss) per share-diluted from continuing operations attributable to FIS common stockholders (in dollars per share)	0.44	0.36	0.74	0.82
Net earnings (loss) per share-diluted from discontinued operations attributable to FIS common stockholders (in dollars per share)	(1.20)	0.05	(12.41)	0.24
Net earnings (loss) per share-diluted attributable to FIS common stockholders (in dollars per share)	$ (0.76)	$ 0.41	$ (11.66)	$ 1.06

Net Earnings (Loss) per Share_2

Net Earnings (Loss) per Share - Narrative (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 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		2
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)	8	5	8	4

Segment Information - Schedule

Segment Information - Schedule of Acquisition, Integration and Other Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information
Acquisition and integration	$ 12	$ 14	$ 21	$ 33
Total acquisition, integration and other costs	113	123	326	427
One-Time Performance-Related Awards
Segment Reporting Information
Stock-based compensation, primarily from certain performance-based awards	9	25	13	79
Worldpay Merchant Solutions
Segment Reporting Information
Pending separation of the Worldpay Merchant Solutions business	5	0	7	0
Enterprise Costs Control and Other Initiatives
Segment Reporting Information
Other, including divestiture-related expenses and enterprise cost control and other initiatives	2	13	14	72
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	6	16	48	52
Future Forward | Platform Modernization
Segment Reporting Information
Enterprise transformation, including Future Forward and platform modernization	$ 79	$ 55	$ 223	$ 191

Segment Information - Summarize

Segment Information - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Information
Revenue	$ 2,489	$ 2,415	$ 7,311	$ 7,194
Depreciation and amortization (including purchase accounting amortization)			2,245	2,920
Asset impairments	7	17	8	86
Asset impairments	(7)	(17)	(8)	(86)
Interest expense, net	(162)	(78)	(464)	(169)
Other income (expense), net	22	18	(91)	53
(Provision) benefit for income taxes	(74)	(102)	(139)	(218)
Net earnings (loss) from discontinued operations, net of tax	(708)	32	(7,342)	150
Net earnings attributable to noncontrolling interest	(2)	(5)	(5)	(9)
Net earnings (loss) attributable to FIS	(449)	249	(6,905)	646
Capital expenditures	215	233	584	791
Capital lease obligations	18		38
Banking Solutions
Segment Information
Revenue	1,756	1,703	5,144	5,039
Capital expenditures	104	111	290	389
Capital Market Solutions
Segment Information
Revenue	677	633	2,011	1,892
Capital expenditures	63	60	186	201
Corporate and Other
Segment Information
Revenue	56	79	156	263
Capital expenditures	48	62	108	201
Operating Segments
Segment Information
Revenue	2,489	2,415	7,311	7,194
Operating expenses	(2,014)	(2,031)	(6,175)	(6,355)
Depreciation and amortization (including purchase accounting amortization)	435	455	1,322	1,426
Acquisition, integration and other costs	113	123	326	427
Asset impairments	7	17	8	86
Indirect Worldpay business support costs	40	43	123	137
Adjusted EBITDA	1,070	1,022	2,915	2,915
Acquisition, integration and other costs	(113)	(123)	(326)	(427)
Asset impairments	(7)	(17)	(8)	(86)
Indirect Worldpay business support costs	(40)	(43)	(123)	(137)
Operating Segments | Banking Solutions
Segment Information
Revenue	1,756	1,703	5,144	5,039
Operating expenses	(1,122)	(1,113)	(3,419)	(3,298)
Depreciation and amortization (including purchase accounting amortization)	149	148	458	451
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Indirect Worldpay business support costs	0	0	0	0
Adjusted EBITDA	783	738	2,183	2,192
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Indirect Worldpay business support costs	0	0	0	0
Operating Segments | Capital Market Solutions
Segment Information
Revenue	677	633	2,011	1,892
Operating expenses	(432)	(397)	(1,291)	(1,215)
Depreciation and amortization (including purchase accounting amortization)	87	79	268	249
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Indirect Worldpay business support costs	0	0	0	0
Adjusted EBITDA	332	315	988	926
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Indirect Worldpay business support costs	0	0	0	0
Operating Segments | Corporate and Other
Segment Information
Revenue	56	79	156	263
Operating expenses	(460)	(521)	(1,465)	(1,842)
Depreciation and amortization (including purchase accounting amortization)	199	228	596	726
Acquisition, integration and other costs	113	123	326	427
Asset impairments	7	17	8	86
Indirect Worldpay business support costs	40	43	123	137
Adjusted EBITDA	(45)	(31)	(256)	(203)
Acquisition, integration and other costs	(113)	(123)	(326)	(427)
Asset impairments	(7)	(17)	(8)	(86)
Indirect Worldpay business support costs	(40)	(43)	(123)	(137)
Segment Reconciling Items
Segment Information
Acquisition, integration and other costs	113	123	326	427
Asset impairments	7	17	8	86
Indirect Worldpay business support costs	40	43	123	137
Adjusted EBITDA	1,070	1,022	2,915	2,915
Depreciation and amortization	(262)	(262)	(798)	(837)
Purchase accounting amortization	(173)	(193)	(524)	(589)
Acquisition, integration and other costs	(113)	(123)	(326)	(427)
Asset impairments	(7)	(17)	(8)	(86)
Indirect Worldpay business support costs	(40)	(43)	(123)	(137)
Interest expense, net	(162)	(78)	(464)	(169)
Other income (expense), net	22	18	(91)	53
(Provision) benefit for income taxes	$ (74)	$ (102)	$ (139)	$ (218)