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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 3,128 $ 1,412 $ 6,142 $ 4,272
Selling, general and administrative 1,137 305 1,821 930
(Gain) loss on sale of businesses 0 2 (10) (227)
Total expenses 2,754 1,056 5,011 2,950
Operating income 374 356 1,131 1,322
Interest expense, net (164) (45) (279) (134)
Debt financing activities 49 (8) (47) (8)
Other (expense) income (3) 1 0 3
Income before income taxes and income from investments in unconsolidated affiliates 256 304 805 1,183
Income tax provision (53) (78) (144) (290)
Income from investments in unconsolidated affiliates 22 1 12 8
Net income 225 227 673 901
Less: Net income attributable to noncontrolling interests 27 0 27 0
Net income attributable to Fiserv, Inc. $ 198 $ 227 $ 646 $ 901
Net income attributable to Fiserv, Inc. per share – basic (in dollars per share) $ 0.34 $ 0.56 $ 1.42 $ 2.21
Net income attributable to Fiserv, Inc. per share – diluted (in dollars per share) $ 0.33 $ 0.55 $ 1.39 $ 2.16
Shares used in computing net income per share:        
Basic (in shares) 584.8 403.8 456.3 408.4
Diluted (in shares) 596.9 412.0 465.2 416.6
Processing and services        
Revenue $ 2,608 $ 1,223 $ 5,229 $ 3,668
Cost of revenue 1,204 568 2,445 1,696
Product        
Revenue 520 189 913 604
Cost of revenue $ 413 $ 181 $ 755 $ 551