XML 42 R27.htm IDEA: XBRL DOCUMENT

Revenue (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

The Company’s disaggregated net revenue by category and geographic region were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(in millions)
Net revenue by category:
Payment network	$	4,210	$	3,765	$	11,933	$	10,773
Value-added services and solutions	2,323		1,991		6,617		5,647
Net revenue	$	6,533	$	5,756	$	18,550	$	16,420
Net revenue by geographic region:
North American Markets 1	$	2,109	$	2,031	$	6,143	$	5,769
International Markets	4,424		3,725		12,407		10,651
Net revenue	$	6,533	$	5,756	$	18,550	$	16,420

1North American Markets includes the United States and Canada, excluding the U.S. Territories.

The following table sets forth the location of the amounts recognized on the consolidated balance sheet from contracts with customers:


	September 30, 2023		December 31, 2022
	(in millions)
Receivables from contracts with customers
Accounts receivable	$	3,666	$	3,213
Contract assets
Prepaid expenses and other current assets	105		118
Other assets	390		442
Deferred revenue 1
Other current liabilities	548		434
Other liabilities	300		248

1 Revenue recognized from performance obligations satisfied during the three and nine months ended September 30, 2023 was $533 million and $1,362 million, respectively.