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Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The tables below present the Company’s revenue disaggregated by major business, including a reconciliation with its reportable segments. Most of the Company’s revenue is earned domestically within these major businesses, with revenue from clients outside the United States comprising approximately 14% and 6% of total revenue for the three months ended September 30, 2019 and 2018, respectively, and approximately 10% and 5% of total revenue for the nine months ended September 30, 2019 and 2018, respectively.

(In millions)	Reportable Segments
Three Months Ended September 30, 2019	First Data				Payments				Financial				Corporate and Other				Total
Major Business
Global Business Solutions	$	992			$	—			$	—			$	—			$	992
Global Financial Solutions	375				—				—				—				375
Network & Security Solutions	247				—				—				—				247
Total First Data	1,614				—				—				—				1,614
Digital Money Movement	—				376				—				—				376
Card and Related Services	—				470				—				—				470
Other	—				80				—				—				80
Total Payments	—				926				—				—				926
Account and Item Processing	—				—				533				—				533
Other	—				—				63				—				63
Total Financial	—				—				596				—				596
Corporate and Other	—				—				—				(8		)		(8		)
Total Revenue	$	1,614			$	926			$	596			$	(8	)		$	3,128

(In millions)	Reportable Segments
Three Months Ended September 30, 2018	Payments				Financial				Corporate and Other				Total
Major Business
Digital Money Movement	$	363			$	—			$	—			$	363
Card and Related Services	401				—				—				401
Other	80				—				—				80
Total Payments	844				—				—				844
Account and Item Processing	—				516				—				516
Other	—				58				—				58
Total Financial	—				574				—				574
Corporate and Other	—				—				(6		)		(6		)
Total Revenue	$	844			$	574			$	(6	)		$	1,412

(In millions)	Reportable Segments
Nine Months Ended September 30, 2019	First Data				Payments				Financial				Corporate and Other				Total
Major Business
Global Business Solutions	$	992			$	—			$	—			$	—			$	992
Global Financial Solutions	375				—				—				—				375
Network & Security Solutions	247				—				—				—				247
Total First Data	1,614				—				—				—				1,614
Digital Money Movement	—				1,105				—				—				1,105
Card and Related Services	—				1,408				—				—				1,408
Other	—				244				—				—				244
Total Payments	—				2,757				—				—				2,757
Account and Item Processing	—				—				1,592				—				1,592
Other	—				—				206				—				206
Total Financial	—				—				1,798				—				1,798
Corporate and Other	—				—				—				(27		)		(27		)
Total Revenue	$	1,614			$	2,757			$	1,798			$	(27	)		$	6,142

(In millions)	Reportable Segments
Nine Months Ended September 30, 2018	Payments				Financial				Corporate and Other				Total
Major Business
Digital Money Movement	$	1,071			$	—			$	—			$	1,071
Card and Related Services	1,215				—				—				1,215
Other	237				—				—				237
Total Payments	2,523				—				—				2,523
Account and Item Processing	—				1,552				—				1,552
Lending Solutions	—				56				—				56
Other	—				172				—				172
Total Financial	—				1,780				—				1,780
Corporate and Other	—				—				(31		)		(31		)
Total Revenue	$	2,523			$	1,780			$	(31	)		$	4,272

Contract with customer, asset and liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers.

(In millions)	September 30, 2019				December 31, 2018
Contract assets	$	361			$	171
Contract liabilities	541				469

Schedule of remaining performance obligations

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period.

(In millions)	Remainder of:
September 30, 2019	2019				2020				2021				2022				Thereafter
Processing and services	$	618			$	2,211			$	1,787			$	1,332			$	2,478
Product	9				38				24				14				13

X

- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045

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- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130556-203045

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