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Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of assumptions used to determine fair value of stock options assumed in acquisition The fair value of options that the Company assumed in connection with the acquisition of First Data were estimated using the Black-Scholes model with the following assumptions:
Expected life (in years)2.5
Average risk-free interest rate1.9 %
Expected volatility27.4 %
Expected dividend yield0 %
The fair values of stock options granted were estimated on the date of grant using a binomial option-pricing model with the following assumptions:
202020192018
Expected life (in years)6.46.46.3
Average risk-free interest rate1.8 %2.7 %2.2 %
Expected volatility28.3 %28.5 %28.3 %
Expected dividend yield0 %0 %0 %
Schedule of assumptions used to determine fair value of stock options granted The fair value of options that the Company assumed in connection with the acquisition of First Data were estimated using the Black-Scholes model with the following assumptions:
Expected life (in years)2.5
Average risk-free interest rate1.9 %
Expected volatility27.4 %
Expected dividend yield0 %
The fair values of stock options granted were estimated on the date of grant using a binomial option-pricing model with the following assumptions:
202020192018
Expected life (in years)6.46.46.3
Average risk-free interest rate1.8 %2.7 %2.2 %
Expected volatility28.3 %28.5 %28.3 %
Expected dividend yield0 %0 %0 %
Summary of stock option activity A summary of stock option activity is as follows:
Shares
(In thousands)		Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term (Years)		Aggregate
Intrinsic
Value
(In millions)
Stock options outstanding - December 31, 201915,989 $42.83 
Granted1,522 112.65 
Forfeited(186)93.66 
Exercised(2,636)35.07 
Stock options outstanding - December 31, 202014,689 $50.82 4.60$926 
Stock options exercisable - December 31, 202012,222 $41.14 3.79$889 
Summary of restricted stock and performance activity A summary of restricted stock unit and performance share unit activity is as follows:
Restricted Stock UnitsPerformance Share Units
Shares
(In thousands)		Weighted-
Average
Grant Date
Fair Value		Shares
(In thousands)		Weighted-
Average
Grant Date
Fair Value
Units - December 31, 20196,869 $93.80 2,328 $94.61 
Granted1,671 111.27 — — 
Forfeited(293)94.33 (28)90.41 
Vested(3,450)95.86 (479)92.62 
Units - December 31, 20204,797 $98.29 1,821 $95.20 
A summary of restricted stock award activity is as follows:
Restricted Stock Awards
Shares
(In thousands)		Weighted-Average Grant Date Fair Value
Awards - December 31, 201948 $102.30 
Granted— — 
Forfeited— — 
Vested(48)102.30 
Awards - December 31, 2020— $— 
Schedule of additional information related to stock option and restricted stock unit activity The table below presents additional information related to stock option and restricted stock unit activity:
(In millions)202020192018
Total intrinsic value of stock options exercised$194 $331 $147 
Fair value of restricted stock units vested454 198 37 
Income tax benefit from stock options exercised and restricted stock units vested
156 126 43 
Cash received from stock options exercised83 104 29