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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of cash and cash equivalents

The following table provides a reconciliation between cash and cash equivalents on the consolidated balance sheets and the consolidated statements of cash flows at December 31:

(In millions)			2021						2020						2019
Cash and cash equivalents on the consolidated balance sheets			$	835					$	906					$	893
Cash and cash equivalents included in settlement assets (see Note 6)			2,361						1,650						1,245
Other restricted cash			9						13						40
Total cash and cash equivalents on the consolidated statements of cash flows			$	3,205					$	2,569					$	2,178

Schedule of property and equipment

Property and equipment consisted of the following at December 31:

(In millions)			Estimated Useful Lives						2021						2020
Land			—						$	48					$	54
Data processing equipment			3 to 5 years						2,302						1,666
Buildings and leasehold improvements			5 to 40 years						512						555
Furniture and equipment			5 to 8 years						372						636
									3,234						2,911
Less: Accumulated depreciation									(1,492)						(1,283)
Total									$	1,742					$	1,628

Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at December 31:

(In millions)						2021						2020
Trade accounts payable						$	593					$	437
Client deposits						783						702
Accrued compensation and benefits						392						419
Accrued taxes						154						130
Accrued interest						216						220
Other accrued expenses						1,412						1,278
Total						$	3,550					$	3,186

Schedule of interest expense, net

Interest expense, net consisted of the following for the years ended December 31:

(In millions)			2021						2020						2019
Interest expense			$	696					$	716					$	507
Interest income			3						7						34
Interest expense, net			$	693					$	709					$	473

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)						2021						2020						2019
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share – basic						662.6						672.1						512.3
Common stock equivalents						9.0						11.3						10.3
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share – diluted						671.6						683.4						522.6

Schedule of supplemental cash flow information

Supplemental Cash Flow Information

(In millions)
Year Ended December 31,						2021						2020						2019
Interest paid						$	648					$	673					$	291
Income taxes paid						666						156						197
Treasury stock purchases settled after the balance sheet date						—						—						6
Distribution of nonmonetary assets (see Note 4)						—						726						—
Software obtained under financing arrangements						143						308						—

Restrictions on cash and cash equivalents

The following table provides a reconciliation between cash and cash equivalents on the consolidated balance sheets and the consolidated statements of cash flows at December 31:

(In millions)			2021						2020						2019
Cash and cash equivalents on the consolidated balance sheets			$	835					$	906					$	893
Cash and cash equivalents included in settlement assets (see Note 6)			2,361						1,650						1,245
Other restricted cash			9						13						40
Total cash and cash equivalents on the consolidated statements of cash flows			$	3,205					$	2,569					$	2,178

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