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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Schedule of property and equipment

Property and equipment consisted of the following at December 31:

(In millions)	Estimated Useful Lives		2019				2018
Land	—		$	61			$	10
Data processing equipment	3 to 5 years		1,483				775
Buildings and leasehold improvements	5 to 40 years		540				256
Furniture and equipment	5 to 8 years		576				186
			2,660				1,227
Less: Accumulated depreciation			(1,054		)		(829		)
Total			$	1,606			$	398

Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at December 31:

(In millions)		2019				2018
Trade accounts payable		$	392			$	127
Client deposits		650				564
Accrued compensation and benefits		378				199
Accrued taxes		137				18
Accrued interest		224				35
Other accrued expenses		1,299				203
Total		$	3,080			$	1,146

Computation of shares used in calculating basic and diluted net income per share

The computation of shares used in calculating basic and diluted net income per share is as follows:

(In millions)		2019			2018			2017
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share - basic		512.3			405.5			422.3
Common stock equivalents		10.3			8.2			9.0
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share - diluted		522.6			413.7			431.3

Schedule of supplemental cash flow information

Supplemental Cash Flow Information

(In millions)		2019				2018				2017
Interest paid		$	291			$	165			$	160
Income taxes paid		197				259				409
Treasury stock purchases settled after the balance sheet date		6				26				5

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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