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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue $ 4,163 $ 3,786 $ 11,969 $ 11,020
Selling, general and administrative 1,476 1,412 4,289 4,193
Gain on sale of businesses 0 (36) 0 (464)
Total expenses 3,527 3,244 10,214 9,684
Operating income 636 542 1,755 1,336
Interest expense, net (172) (174) (523) (535)
Other income 14 13 36 34
Income before income taxes and income from investments in unconsolidated affiliates 478 381 1,268 835
Income tax provision (54) (124) (300) (176)
Income from investments in unconsolidated affiliates 22 19 80 3
Net income 446 276 1,048 662
Less: net income attributable to noncontrolling interests and redeemable noncontrolling interests 18 12 47 4
Net income attributable to Fiserv, Inc. $ 428 $ 264 $ 1,001 $ 658
Net income attributable to Fiserv, Inc. per share – basic (in dollars per share) $ 0.65 $ 0.39 $ 1.51 $ 0.98
Net income attributable to Fiserv, Inc. per share – diluted (in dollars per share) $ 0.64 $ 0.39 $ 1.49 $ 0.96
Shares used in computing net income attributable to Fiserv, Inc. per share:        
Basic (in shares) 661.4 669.8 664.6 672.6
Diluted (in shares) 669.7 680.3 674.1 684.1
Processing and services        
Revenue [1] $ 3,407 $ 3,153 $ 9,822 $ 9,118
Cost of goods sold and services 1,530 1,387 4,425 4,488
Product        
Revenue 756 633 2,147 1,902
Cost of goods sold and services $ 521 $ 481 $ 1,500 $ 1,467
[1] Includes processing and other fees charged to related party investments accounted for under the equity method of $46 million and $62 million for the three months ended September 30, 2021 and 2020, respectively, and $160 million and $174 million for the nine months ended September 30, 2021 and 2020, respectively (see Note 18).