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Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The tables below present the Company’s revenue disaggregated by type of revenue, including a reconciliation with its reportable segments. The Company’s disaggregation of revenue for the three months ended March 31, 2019 has been restated to reflect the Segment Realignment. The majority of the Company’s revenue is earned domestically, with revenue generated outside the United States comprising approximately 13% and 6% of total revenue for the three months ended March 31, 2020 and 2019, respectively.

(In millions)	Reportable Segments
Three Months Ended March 31, 2020	Acceptance				Fintech				Payments				Corporate and Other				Total
Type of Revenue
Processing	$	1,183			$	351			$	1,090			$	25			$	2,649
Hardware, print and card production	193				12				192				—				397
Professional services	3				112				57				1				173
Software maintenance	—				141				1				2				144
License and termination fees	6				46				22				—				74
Output solutions postage	—				—				—				236				236
Other	16				56				24				—				96
Total Revenue	$	1,401			$	718			$	1,386			$	264			$	3,769

(In millions)			Reportable Segments
Three Months Ended March 31, 2019			Fintech				Payments				Corporate and Other				Total
Type of Revenue
Processing			$	342			$	511			$	43			$	896
Hardware, print and card production			12				75				—				87
Professional services			113				23				2				138
Software maintenance			143				1				4				148
License and termination fees			60				13				—				73
Output solutions postage			—				—				77				77
Other			55				28				—				83
Total Revenue			$	725			$	651			$	126			$	1,502

Contract with customer, asset and liabilities

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

(In millions)	March 31, 2020				December 31, 2019
Contract assets	$	385			$	382
Contract liabilities	660				647

Schedule of remaining performance obligations

The following table includes estimated processing, services and product revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at March 31, 2020:

(In millions)
Year ending December 31,
Remainder of 2020	$	1,451
2021	1,641
2022	1,262
2023	954
Thereafter	1,830

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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- Definition

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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