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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of property and equipment | Property and equipment consisted of the following at December 31:
(In millions) | Estimated Useful Lives |  | 2020 |  | 2019
Land | — |  | $ | 54 |  |  | $ | 61 |
Data processing equipment | 3 to 5 years |  | 1,666 |  |  | 1,483 |
Buildings and leasehold improvements | 5 to 40 years |  | 555 |  |  | 540 |
Furniture and equipment | 5 to 8 years |  | 636 |  |  | 576 |
|  |  | 2,911 |  |  | 2,660 |
Less: Accumulated depreciation |  |  | (1,283) |  |  | (1,054) |
Total |  |  | $ | 1,628 |  |  | $ | 1,606 |
Schedule of accounts payable and accrued expenses | Accounts payable and accrued expenses consisted of the following at December 31:
(In millions) |  | 2020 |  | 2019
Trade accounts payable |  | $ | 437 |  |  | $ | 392 |
Client deposits |  | 702 |  |  | 650 |
Accrued compensation and benefits |  | 419 |  |  | 378 |
Accrued taxes |  | 130 |  |  | 137 |
Accrued interest |  | 220 |  |  | 224 |
Other accrued expenses |  | 1,278 |  |  | 1,299 |
Total |  | $ | 3,186 |  |  | $ | 3,080 |
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 at December 31:
(In millions) |  | 2020 |  | 2019 |  | 2018
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share – basic |  | 672.1 |  |  | 512.3 |  |  | 405.5 |
Common stock equivalents |  | 11.3 |  |  | 10.3 |  |  | 8.2 |
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share – diluted |  | 683.4 |  |  | 522.6 |  |  | 413.7 |
Schedule of supplemental cash flow information | Supplemental Cash Flow Information
(In millions) |  |  |  |  |  |
Year Ended December 31, |  | 2020 |  | 2019 |  | 2018
Interest paid |  | $ | 673 |  |  | $ | 291 |  |  | $ | 165 |
Income taxes paid |  | 156 |  |  | 197 |  |  | 259 |
Treasury stock purchases settled after the balance sheet date |  | — |  |  | 6 |  |  | 26 |
Distribution of nonmonetary assets (see Note 4) |  | 726 |  |  | — |  |  | — |
Financed software arrangements |  | 308 |  |  | — |  |  | — |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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