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Revenue Recognition (Tables)

12 Months Ended

Dec. 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 years ended December 31, 2019 and 2018 have 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%, 12% and 6% of total revenue in 2020, 2019 and 2018, respectively.

(In millions)			Reportable Segments
Year Ended December 31, 2020			Acceptance						Fintech						Payments						Corporate and Other						Total
Type of Revenue
Processing			$	4,696					$	1,426					$	4,348					$	58					$	10,528
Hardware, print and card production			714						51						771						—						1,536
Professional services			29						465						233						1						728
Software maintenance			—						563						3						2						568
License and termination fees			28						189						68						—						285
Output solutions postage			—						—						—						864						864
Other			55						207						81						—						343
Total Revenue			$	5,522					$	2,901					$	5,504					$	925					$	14,852

(In millions)			Reportable Segments
Year Ended December 31, 2019			Acceptance						Fintech						Payments						Corporate and Other						Total
Type of Revenue
Processing			$	2,205					$	1,382					$	3,110					$	166					$	6,863
Hardware, print and card production			323						51						458						—						832
Professional services			4						483						172						10						669
Software maintenance			—						570						3						15						588
License and termination fees			9						255						59						2						325
Output solutions postage			—						—						—						572						572
Other			30						201						107						—						338
Total Revenue			$	2,571					$	2,942					$	3,909					$	765					$	10,187

(In millions)									Reportable Segments
Year Ended December 31, 2018									Fintech						Payments						Corporate and Other						Total
Type of Revenue
Processing									$	1,345					$	1,900					$	163					$	3,408
Hardware, print and card production									41						304						—						345
Professional services									483						86						8						577
Software maintenance									577						3						15						595
License and termination fees									277						32						4						313
Output solutions postage									—						—						308						308
Other									194						83						—						277
Total Revenue									$	2,917					$	2,408					$	498					$	5,823

Contract with customer, asset and liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers at December 31:

(In millions)			2020						2019						2018
Contract assets			$	433					$	382					$	171
Contract liabilities			733						647						469

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 December 31, 2020:

(In millions)
Year Ending December 31,
2021			$	2,000
2022			1,658
2023			1,355
2024			982
Thereafter			1,825

Capitalized sales commissions and conversion or implementation costs

Capitalized sales commissions and conversion or implementation costs were as follows at December 31:

(In millions)						2020						2019
Capitalized sales commissions						$	402					$	357
Capitalized conversion or implementation costs						290						176

X

- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 340
-SubTopic 40
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=68051541&loc=SL49131252-203054

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Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ 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=121604090&loc=SL49130551-203045

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+ 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=121604090&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)
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