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Summary of Significant Accounting Policies (Tables)

12 Months Ended

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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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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