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Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2021

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 majority of the Company’s revenue is earned domestically, with revenue generated outside the U.S. comprising approximately 14% of total revenue for each of the three months ended September 30, 2021 and 2020, and 14% and 13% of total revenue for the nine months ended September 30, 2021 and 2020, respectively.

(In millions)			Reportable Segments
Three Months Ended September 30, 2021			Acceptance						Fintech						Payments						Corporate and Other						Total
Type of Revenue
Processing			$	1,446					$	389					$	1,132					$	4					$	2,971
Hardware, print and card production			232						10						236						—						478
Professional services			12						124						66						—						202
Software maintenance			—						139						2						—						141
License and termination fees			12						45						16						—						73
Output solutions postage			—						—						—						209						209
Other			14						54						19						2						89
Total Revenue			$	1,716					$	761					$	1,471					$	215					$	4,163

(In millions)			Reportable Segments
Three Months Ended September 30, 2020			Acceptance						Fintech						Payments						Corporate and Other						Total
Type of Revenue
Processing			$	1,245					$	364					$	1,112					$	9					$	2,730
Hardware, print and card production			179						12						176						—						367
Professional services			9						120						59						—						188
Software maintenance			—						141						1						—						142
License and termination fees			7						41						21						—						69
Output solutions postage			—						—						—						207						207
Other			14						49						18						2						83
Total Revenue			$	1,454					$	727					$	1,387					$	218					$	3,786

(In millions)			Reportable Segments
Nine Months Ended September 30, 2021			Acceptance						Fintech						Payments						Corporate and Other						Total
Type of Revenue
Processing			$	4,044					$	1,152					$	3,331					$	26					$	8,553
Hardware, print and card production			636						33						667						—						1,336
Professional services			30						350						195						—						575
Software maintenance			—						417						6						—						423
License and termination fees			33						133						43						—						209
Output solutions postage			—						—						—						616						616
Other			36						166						55						—						257
Total Revenue			$	4,779					$	2,251					$	4,297					$	642					$	11,969

(In millions)			Reportable Segments
Nine Months Ended September 30, 2020			Acceptance						Fintech						Payments						Corporate and Other						Total
Type of Revenue
Processing			$	3,466					$	1,064					$	3,265					$	47					$	7,842
Hardware, print and card production			531						33						528						—						1,092
Professional services			20						347						174						1						542
Software maintenance			—						423						2						2						427
License and termination fees			19						139						61						—						219
Output solutions postage			—						—						—						640						640
Other			42						153						63						—						258
Total Revenue			$	4,078					$	2,159					$	4,093					$	690					$	11,020

Contract with customer, asset and liabilities

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

(In millions)			September 30, 2021						December 31, 2020
Contract assets			$	531					$	433
Contract liabilities			733						733

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 were unsatisfied (or partially unsatisfied) at September 30, 2021:

(In millions)
Year Ending December 31,
Remainder of 2021			$	550
2022			1,997
2023			1,675
2024			1,288
Thereafter			2,216

X

- Definition

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=123351226&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ 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=123351226&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)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045

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